#Bitcoin = Weekly Analysis = 04.09.2021 $BTC #BTC #crypto #cryptocurrency #investing #trading

This weekly chart I designed on March 24 and BTC follows it perfectly so far. BTC is sitting at the top of the inflection area with approximately even chances for bulls and bears. While there are bullish signs, the bearish ones continue to accumulate. Let’s discuss the perspectives from various angles.


The previous weekly candle was a High Wave doji. The candle normally signals indecision and requires a confirmation for either side. This week BTC mostly traded in the same range as the previous week and in the end the candle was not able to confirm the path. The decision is expected next week.
This is the quote from the last week analysis:
On Saturday Sep 4:
– close below $46360, downtrend confirmed.
– close above $50500, rally continues
– anything between, the decision is postponed to the following week.”
Odds: Neutral

If you would like to continue reading about interpretation of the daily BTC candles, the projections of waves and possible targets and timing, the levels for awareness and some more, please subscribe to our Premium Content.

For only $10 USD, you will also get access to the monthly and weekly analyses, long term forecasts on cryptocurrencies, precious metals, oil, major US indices, DXY and more.
There is no free trial. For $10 USD you can evaluate the service for a month and cancel it any time.

Premium Content

Read more of this content when you subscribe today.


Previous Monthly Analysis:

Follow the blog on Twitter @InvestingAngles or, if you want all posts in your inbox, by email.

As tweets are often buried among the other tweets on the topic and one is looking for regular updates, I recommend that you to sign to the email updates in the blog – every single post will be automatically sent to your inbox.

This is the condensed Track Record of our most recent #crypto calls:

  1. $BTC – March 24 – call for imminent reversal, target $29000!
    This happened when $BTC was $52k and approaching the top, when the experts were calling for $100k and $150k next.
  2. $ETH – May 16 – call for strong decline, target $1700!
    This happened at the beginning of the decline when $ETH ws $3600 and everyone was saying it was a minor blip.
  3. $BTC, $ETH, $ADA, $LTC – July 21 – call on Bottom
    This happened on the day the cryptos formed a strong reversal combo and started rallying.
  4. $BTC – July 24 – call on the 10 consecutive green days
    This happened on the 4th day of the rally once we recognized a special pattern.
  5. $BTC – Aug 18 – call on Bottom
    This happened within minutes after the bottom, at 9:45 pm PST, when $BTC was $44250. It has rallied 10+% after the call.


%d bloggers like this: