Bitcoinbarometers Forecast: Is Bitcoin BULLISH, BEARISH or NEUTRAL today?
Welcome to Bitcoinbarometers Forecast, the first, the original and the only of its kind!
Bitcoinbarometer is here to present you the daily forecast of Bitcoins price trend. I compare several analysis methods to gain the most likely Bitcoin trend for the upcoming hours.
Result: 2 Bullish | 10 Neutral | 6 Bearish
Analysis in Detail
Level 3
Sarah Jenn from newsbtc.com
Economies.com
Tradingviews TA Summary
Level 2
Tradingview.com
Investing.com
Bitcoinforecast.com
Level 1
Cointracking.info Bitcoin price per weekday
Cointracking.info Bitcoins interest in the past 90 days
Plus500.com
Based on whose analysis? (Sources: 1 , 2 , 3 , 4 , 5 , 6 , 7 , 8 , 9 , 10 , 11 , 12 , 13 , 14 , 15 , 16 )
Haejin is providing daily technical analysis based on a combination of chart pattern recognition and Elliot Wave theory. This man is predicting price trends extremly accurate and is one of the best in his job.
The following Steemit users are also delivering from time to time great technical analysis, which will become implemented whenever they recently (in the last couple of hours) posted a Bitcoin forecast: Colinbrazendale , ew-and-patterns , hotsauceislethal , Briggsy , superblocks , Philakonecrypto , Cryptopassion , lordoftruth.
Sarah Jenn (newsbtc.com) is also taking economic factors and news into consideration when predicting Bitcoins future price
Economies.com is also providing a daily bitcoin chart analysis service, based on candle sticks and fibonacci levels
Tradingview.com delivers fresh MACD analysis and great graphs summarizing all technical analysis made by dozens of analysts on the platform
Investing.com delivers analysis through Technical Indicators and Moving Averages
Bitcoinforecast.com provides a forecast for the Bitcoin price on the biggest exchanges based on past performances on these exchanges
Cointracking.info provides analysis through the average bitcoin price per weekday and implemented a chart that reflects the overall interest of Bitcoin
Each of these analyzes representing a vote, it is either bullish, bearish or neutral. There are three different levels of voting strength. Level 3 contains all technical analysis made from humans, Level 2 is reserved for strong forecast algorithms and data that is derived directly from trading data. Level 1 represents additional information based on historical data. All votes summed up will deliver the bitcoin trend forecast for the upcoming hours!
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BTC Address: 114fmk6uyBfXQgzVXcTgpY6TL5QcbV9GL3
Disclaimer: The analyzes shown and compared above, are neither a buy/sell recommendation nor do I claim any rights on them. The analyzes are not my intellectual property, I only gather them to find out the upcoming most likely trend of Bitcoin!
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“Bitcoin is the Sun of the Cryptosphere, always in the center of all movements.”
Some rest in the market is good, many extremely bullish things are happening so another huge bull run is imminent. The question is only when this will happen.
I agree, I'm wondering about the altcoins, will the bitcoin/altcoin synergy play out in being both bullish if the long awaited bitcoin bullrun occurs, or do you believe the overall sentiment is gonna stick? (if bitcoin surges, altcoins dip)
Whats your opinion @michiel ?
That was a nice post. Kudos!
thank ya!
Looks like we will have more sideways action for sometime, consolidation is never a bad thing!
Yeah, let's see if the bears or the bulls will come out ahead