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Author Topic: Where are the chart experts?  (Read 161 times)
Pterosaur (OP)
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March 28, 2022, 03:18:21 PM
 #1

Can BTC reclaim its ATH? What my own chart a showing me is that BTC have found a new territory at 44-47k and if this range keep up for like few days btc can finally breach the 50k territory once again, what is your own chart showing you?

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March 28, 2022, 03:57:56 PM
 #2

Can BTC reclaim its ATH?
BTC can and why not? as long as bitcoin is still on the right track and im sure that if bitcoin will be reaching the new ATH soon.

What my own chart a showing me is that BTC have found a new territory at 44-47k and if this range keep up for like few days btc can finally breach the 50k territory once again, what is your own chart showing you?
You can compared it with the how big the daily trade volume of bitcoin. Bitcoin surges a lot in a short time but the volume was quite small at this moment. it seems like the whales are also helping bitcoin to reach such rate by pulling their sell order.

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March 29, 2022, 10:55:38 AM
 #3

Can BTC reclaim its ATH?
Yes but only time will tell when.

What my own chart a showing me is that BTC have found a new territory at 44-47k and if this range keep up for like few days btc can finally breach the 50k territory once again, what is your own chart showing you?
Not an expert but if it's about technical analysis, I've read people with their analysis that it's likely that it's going to push from $52k to $56k and after that, it's going to be the start of the correction.

Just think of it at all times that no matter what analysis and predictions are out there, still bitcoin is an unpredictable asset whether you're good in reading its chart.

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March 29, 2022, 11:17:09 AM
 #4

Can BTC reclaim its ATH?
Yes but only time will tell when.

What my own chart a showing me is that BTC have found a new territory at 44-47k and if this range keep up for like few days btc can finally breach the 50k territory once again, what is your own chart showing you?
Not an expert but if it's about technical analysis, I've read people with their analysis that it's likely that it's going to push from $52k to $56k and after that, it's going to be the start of the correction.

Just think of it at all times that no matter what analysis and predictions are out there, still bitcoin is an unpredictable asset whether you're good in reading its chart.
TA can help but I agree BTC does it's own thing. Still I think we are like 1year away from new ATH if we look bigger picture. I expect 10trilion market cap for crypto in global in like 1 or 2 years.
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March 29, 2022, 12:09:14 PM
 #5

Can BTC reclaim its ATH? What my own chart a showing me is that BTC have found a new territory at 44-47k and if this range keep up for like few days btc can finally breach the 50k territory once again, what is your own chart showing you?

I can only advise you not to trust any "chart experts". This is what I have learned in almost 10 years in crypto. Only rarely were these so-called chart experts right in the medium or long term. If you need estimates about the very short-term price development of Bitcoin, you will find them here:

https://bitcointalk.org/index.php?topic=178336.0

The hit rate of the accuracy is still somewhat within the bounds, but only in the short term.
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March 29, 2022, 12:14:37 PM
 #6

Sooner or later BTC will break its ATH and surge higher, I'm not a trading expert that can read charts very well but I'm sure that if BTC can handle a minimum of 44k per coin for roughly 7days then I will welcome another bull run this year.
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March 29, 2022, 12:14:45 PM
 #7

From my side looking at the weekly and daily time frame, my perspective on the chart
using the weekly time frame, the target is $57500 that is , the market taking us back for a retest on the neck line of the weekly H&S pattern that brought us into the bear market we had.
on same weekly time frame, the break out of the W or Double bottom trend reversal pattern that  brought us to current price we are right now is pointing towards $51,800-52k price target.
whereas for the daily time frame ,the target for this current break out of the falling wedge is $55,888.

R


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March 29, 2022, 12:21:15 PM
 #8

Reading charts alone isn't enough to know where the market is directing, even pro traders sometimes see the unforeseen when trading so everything is based on prediction.

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March 29, 2022, 12:27:10 PM
 #9

Can BTC reclaim its ATH?
the answer is bitcoin can reclaim its ATH or even higher than it. The only big questions is when will new ATH of bitcoin come?
We can only see that where bitcoin will be going on.


What my own chart a showing me is that BTC have found a new territory at 44-47k
Glad your chart has become the true prediction. This can become a very good support for bitcoin as long as bitcoin can still sustain above 47k. Im expecting bitcoin to head another higher rate again. that will be around 49k.

and if this range keep up for like few days btc can finally breach the 50k territory once again, what is your own chart showing you?
I hope see but we will see. The daily volume was not so much. Bitcoin needs to get another big support. It seems like that people are starting to aware if bitcoin will be heading to the roof again.



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March 29, 2022, 01:40:37 PM
 #10

Can BTC reclaim its ATH? What my own chart a showing me is that BTC have found a new territory at 44-47k and if this range keep up for like few days btc can finally breach the 50k territory once again, what is your own chart showing you?

If you really are looking for successful TA, you can try find them from tradingview and see how their earlier predictions turned out. It's better then looking at twitter chartists since public TA can't be deleted in tradingview from what i know at least. So you can see every horrible mistake they did.

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March 29, 2022, 02:01:32 PM
 #11


If you really are looking for successful TA, you can try find them from tradingview and see how their earlier predictions turned out. It's better then looking at twitter chartists since public TA can't be deleted in tradingview from what i know at least. So you can see every horrible mistake they did.

I never really trust TA, especially not for crypto. With a chart you can prove anything and there will always be some people that will have made a correct prediction but the other times they will be wrong. Crypto is too volatile and can move up/down a lot with or without real reason.



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March 29, 2022, 02:16:19 PM
 #12

Can BTC reclaim its ATH? What my own chart a showing me is that BTC have found a new territory at 44-47k and if this range keep up for like few days btc can finally breach the 50k territory once again, what is your own chart showing you?

Bitcoin price keeps pumping. Changing the chart to green every day allows Bitcoin to reach ATH. However, ATh previously reached $68,789 or still less than 30% of the current price. However I remain optimistic that the price of Bitcoin exceeds the previous ATH.

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March 29, 2022, 02:28:28 PM
 #13

Crypto is too volatile that's why I don't always trust chart reading, anything can happen at any time, if you are a investor you need to play safe with your money, do not relent thinking that BTC can't go down anymore.

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March 29, 2022, 02:52:17 PM
 #14

Can BTC reclaim its ATH? What my own chart a showing me is that BTC have found a new territory at 44-47k and if this range keep up for like few days btc can finally breach the 50k territory once again, what is your own chart showing you?

the closest resistance at this time is 50K, if bitcoin breakout is not impossible if in the near future bitcoin will return to ATH. according to the analysis I made some time ago, it's highly likely that this will come true. and if that happens later we can see a bull altcoin market. so just hope there is no bad news in the future, this will determine whether my analysis is correct or not.

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March 29, 2022, 03:12:10 PM
 #15

Bitcoin could reclaim ATH but no one can tell when that will happen, nor is an expert always right. The current price range for bitcoin should be able to break 50K for the beginning of Q2 later, hopefully like that, it's been 2 weeks the increase in Bitcoin prices has improved and altcoins have indeed followed suit, I also hope we will see prices return this year or next year.

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Bitstar_coin
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March 29, 2022, 03:17:29 PM
 #16

Maybe this might help you @op, found it from the telegram channel i follow.


"The resistance is almost cleared! There are still some sell orders up to $48k, however, the most part of the job is done!"

Base on the chart above it seem possible once btc able to break resistance, as you know TA are not 100% correct, they only give idea of what can happen but they are not fact.
d3nz
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March 29, 2022, 03:42:50 PM
 #17

Can BTC reclaim its ATH?
Yes but only time will tell when.

What my own chart a showing me is that BTC have found a new territory at 44-47k and if this range keep up for like few days btc can finally breach the 50k territory once again, what is your own chart showing you?
Not an expert but if it's about technical analysis, I've read people with their analysis that it's likely that it's going to push from $52k to $56k and after that, it's going to be the start of the correction.

Just think of it at all times that no matter what analysis and predictions are out there, still bitcoin is an unpredictable asset whether you're good in reading its chart.
TA can help but I agree BTC does it's own thing. Still I think we are like 1year away from new ATH if we look bigger picture. I expect 10trilion market cap for crypto in global in like 1 or 2 years.

Yes, that is correct depending on the market cap but we might expect a sudden market soar.

The bitcoin market is really unpredictable but it's really a good investment for the long term and not for a daytrader.


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bittick
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March 29, 2022, 04:27:13 PM
 #18

Reading charts alone isn't enough to know where the market is directing,
I can agree with it but i just remind you that if in another time using only TA to trade was also working as well.
The only problem is good or bad news can change the sentiment instantly. Just like when the news about the war was coming a few weeks ago and market was falling. The same scenario was also happening when covid was attacking the world.
even pro traders sometimes see the unforeseen when trading so everything is based on prediction.
None know about the future and what can be done by the traders were only predicting. They are using various information to know which the direction that will be happening with market.

livingfree
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March 29, 2022, 10:15:21 PM
 #19

What my own chart a showing me is that BTC have found a new territory at 44-47k and if this range keep up for like few days btc can finally breach the 50k territory once again, what is your own chart showing you?
Not an expert but if it's about technical analysis, I've read people with their analysis that it's likely that it's going to push from $52k to $56k and after that, it's going to be the start of the correction.

Just think of it at all times that no matter what analysis and predictions are out there, still bitcoin is an unpredictable asset whether you're good in reading its chart.
TA can help but I agree BTC does it's own thing. Still I think we are like 1year away from new ATH if we look bigger picture. I expect 10trilion market cap for crypto in global in like 1 or 2 years.
Sure it can help and there's really no argument with that and that's for sure.

But times will do come that even you're good at it, bitcoin will show to everyone its been unpredictable. Just like what it did that when it was stagnant around $41k and it did a quick rise and surprised everybody.

$10T for the market cap is very possible, we're going to be there but we don't know when exactly. I don't want to time the market but for sure there are institutions that's going to make it happen.

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March 29, 2022, 11:48:43 PM
 #20

i am not chart expert but based on monthly timeframe i see higher high and higher low.and based on text boook it is bullish structure and possible to  create new ATH again, but once again it influenced by macro geo political and also another fundamental which is could change market direction. but hopefully while geopolitical running well , in next 2 months bullish movement still maintain.
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