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Bitcoin BTC Price Prediction [OMG BEAR MARKET] Dec 09 2021
Bitcoin BTC Cryptocurrency Price Prediction, Forecast and Technical Analysis. This analysis reviews Bitcoin BTC without Bitcoin BTC news or other explained fundamental analysis. This analysis is strictly technical in nature and focuses on Bitcoin BTC prices action only in a live market setting.
The Bitcoin BTC Cryptocurrency Price Prediction, Forecast, and Technical Analysis methods are varied. Price predictions for Bitcoin BTC are developed through the use of Point and Figure, Ichimoku Kinko Hyo, and Gann Analysis. However, the forecasting and price prediction of Bitcoin BTC is not limited to just those methods and theories. Bitcoin BTC news and other fundamental data are almost never utilized in my analysis as it is strictly technical. Trade ideas, if identified, can be found below and present buy opportunity, sell or short opportunities with theoretical and hypothetical profit targets and stop losses identified. Any Bitcoin BTC price trade ideas with Point and Figure identify the box size and reversal amount. Any Bitcoin BTC price trade ideas with Japanese Candlestick charts have the timescale identified. The dates in the trade idea description are when the original Bitcoin BTC price trade idea was developed. Also, I hate how Google SEO for crypto works but is necessary to attract people. So dumb.
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The long idea from the 6th remains open and active. A new short idea was identified.
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Trade-Ideas
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($500/3-box P&F Chart) - Dec 06th
Buy Stop @ $50,500
Stop Loss @ $48,500
Profit Target @ $60,000
($1,000/3-box P&F Chart) - Dec 9th
Sell Stop @ 3-box reversal ($48,000 at time of recording)
Stop Loss @ 4-box stop loss
Profit Target @ $30,000
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Dollar-Cost Averaging - Updated Oct 19th
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Buy Limit @ $31,088
Buy Limit @ $23,681
Buy Limit @ $16,455
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