My BTC Short-Term Price Path Prediction
- Thread starter deppo
- Start date
- May 29, 2018
- 6,338
- 7,054
Yeah, I hope that too, maybe this pupl ack is to shaken a bit the weak hands. Will see, let's hope for the best.
- Oct 2, 2022
- 1,584
- 2,852
We have now hit a lower low at $93300 from the previous one so the "goal" of taking out some stop orders has at least been partially achieved. However I see this still maybe going a bit lower before a serious bump, maybe at $92500.
Let's see.
However had you taken a long and a short trade as described in my OP post you'd have 2 winners so far, the total predicted move is 3-4% win.
The big winner though will be the bump if it comes on Monday or Tuesday.
Let's see.
However had you taken a long and a short trade as described in my OP post you'd have 2 winners so far, the total predicted move is 3-4% win.
The big winner though will be the bump if it comes on Monday or Tuesday.
billythebilly
Regular Member
- Jul 6, 2024
- 342
- 651
As I commented, this last days of 2024 are meeh...looking forward to see how it will perform in the first days of 2025, in two or three weeks I guess it will be much better
- Oct 2, 2022
- 1,584
- 2,852
Price dropped a bit lower than I anticipated to $91500.
The big move I expect though has started as shown by the big candle on the 4hr chart. The latest I anticipate the move up to $101500 - $103000 level is Tuesday afternoon NYSE exchange session, meaning up to 24 hours from now. After that, volume will probably drop significantly and through to the New Year's holiday and there will not be much price movement.
To that level we have 3 major obstacles, $94500, $96500 and $98500 where there is significant prior trading activity and the move up may be rejected. I still expect though to blast through all those levels in the next 24 hours.
Time will tell.
The big move I expect though has started as shown by the big candle on the 4hr chart. The latest I anticipate the move up to $101500 - $103000 level is Tuesday afternoon NYSE exchange session, meaning up to 24 hours from now. After that, volume will probably drop significantly and through to the New Year's holiday and there will not be much price movement.
To that level we have 3 major obstacles, $94500, $96500 and $98500 where there is significant prior trading activity and the move up may be rejected. I still expect though to blast through all those levels in the next 24 hours.
Time will tell.
toshira
BANNED
- Aug 16, 2023
- 14
- 7
So far your prediction seems to be fairly accurate, it touched a bit lower than 93K past few days and seems to be going in an upward momentum.
- Oct 2, 2022
- 1,584
- 2,852
Yup, it's on the right path, I just expected this a bit earlier but it takes longer because it consolidates around levels with high trading volume.
Jonastov
Junior Member
- Dec 23, 2021
- 101
- 68
Really ? If you are right, i’ll be among the top 1000 richest men on the world then
roydan
Elite Member
- Dec 17, 2013
- 5,618
- 14,553
It was a joke, and the year had already ended.
Additionally, BTC at $5M would say more about the weakening of the Dollar than about the strength of BTC.
- Oct 2, 2022
- 1,584
- 2,852
The path I predicted came through almost exactly as outlined on my initial post, albeit one week later. I expected the final bump to be more of a blast through but it turned out it was a slow ascent consolidating around key price levels.
That is an easy 5 to 10% return depending on where and how you entered a position on that price path at only 1x leverage. If we assume you took a risky trade at 5x leverage your return would have been 25 to 50% of your initial capital.
You are welcome.
That is an easy 5 to 10% return depending on where and how you entered a position on that price path at only 1x leverage. If we assume you took a risky trade at 5x leverage your return would have been 25 to 50% of your initial capital.
You are welcome.