# Regular daily update on BTC ta analysts opinions.

![Bildschirmfoto 2018-03-11 um 11.14.53.png](https://steemitimages.com/DQmNkugNo8vvMEgrqg9ZgKenH5A9dSEEsq8XNK8hD6CGzU4/Bildschirmfoto%202018-03-11%20um%2011.14.53.png)

## **My summary - short-term sentiment: slightly bearish ** (last: bearish)
- We got rejected by 10'000.
- Signs of a correction are forming
- On the other side if we break 10'000 there is probably a run up to 11'250.

- April was good month for crypto. June is usually also a good month - not as good as April though. Lets see.
![IMAGE 2018-04-08 20:14:56.jpg](https://steemitimages.com/DQmUMkHYsrTnr6C2RtgKPL3KZTHbLA4QRNSA3ftFWhqDYTo/IMAGE%202018-04-08%2020%3A14%3A56.jpg)


## **News about the blog**
- I need to revise my 2018 long term table. I need to add a 2018 and 2019 target an be more precise on the sentiment here. Will do that after I am back in Switzerland.

- We lunched the bounty project beta. If you are interested and you like to create a bounty on your own have a look [at this post](https://steemit.com/bounty/@steem-bounty/how-to-create-a-bounty)


## **Analysts key statements:**
### Tone:
![nonews.jpg](https://steemitimages.com/DQmW7s2XQyYwfPqVkG9KETUre5qNPNy4MBRVpQYgRVAXbNL/nonews.jpg)
- Weekly: Looks more and more bullish and Tone refuses to believe it. He needs to be proven otherwise by breaking 12'000 resistance.
- Daily: We are close of breaking 10'000 - still he sees this move as short lived.

###  @haejin:
![nonews.jpg](https://steemitimages.com/DQmW7s2XQyYwfPqVkG9KETUre5qNPNy4MBRVpQYgRVAXbNL/nonews.jpg)
BTC white wave 3 is still in progress and could touch the $10k mark very soon! It still needs to do wave 4 and 5 should take it well within $10k. Again, that likely would complete the five wave sequence and that'll be followed by an ABC retracement as shown in below chart.
![Bildschirmfoto 2018-05-05 um 23.38.57.png](https://steemitimages.com/DQmdSY7RfRubJL3EN9MDgxBebj33dkLZFFmYBeyDJK1hPVy/Bildschirmfoto%202018-05-05%20um%2023.38.57.png)

###  @ew-and-patterns:
![nonews.jpg](https://steemitimages.com/DQmW7s2XQyYwfPqVkG9KETUre5qNPNy4MBRVpQYgRVAXbNL/nonews.jpg)
It looks like BTC has finally started white wave 5 of blue wave 1. After this comes a requisite ABC correction. He thinks it will be a big correction to scare off investors, because the big money investors know what comes after blue wave 2.
They want a cheap buy in price to start off a giant rally.
![Bildschirmfoto 2018-05-05 um 23.42.57.png](https://steemitimages.com/DQmRPEAKKF4yrLNUi3km2Gg72AjeacxDKL2WrNxkDhsyQTP/Bildschirmfoto%202018-05-05%20um%2023.42.57.png)

###  @lordoftruth:
Two scenarios remain valied: 
Best case: Below 9'911, the price will try test 8'357 followed by 7'614, supported by the double top at 9'875 seen on 4H to build our Inverted Head & Shoulders Pattern before the continuation of the bull trend towards 12'400.
That is the main scenario.
Worst case: Above 9'911, the price will try test 10'158 followed by 11'300 at 38.2% Fibonacci line, followed by crashes at least 70% again.
Todays trend is neutral. Expected trading for today is between 9'496 and 9'999.


###  @philakonesteemit: 
BTC failed to break 10'000 range, BTC drops in 8 hours to the levels that took 2 days and 9 hours to achieve. The 1 HR charge trend well below the 55 EMA for the first time in 4 days. More signs point to bearish pressure than an uptrend.


###  @passion-ground: 
![nonews.jpg](https://steemitimages.com/DQmW7s2XQyYwfPqVkG9KETUre5qNPNy4MBRVpQYgRVAXbNL/nonews.jpg)
It is rather important for me to note that the largest “secular trend” (monthly chart) is turning bearish against a backdrop of the long-term (daily and weekly charts) turning bullish. The battle is on, and a victor is far from being decided at this juncture.
![Bildschirmfoto 2018-05-02 um 09.03.08.png](https://steemitimages.com/DQmYBnutZNhecXyBsxo81M3M5mG4Q5J5X4Lbs3XB8bffBQD/Bildschirmfoto%202018-05-02%20um%2009.03.08.png)

## Summary of targets/support/resistance
![Bildschirmfoto 2018-05-06 um 15.22.35.png](https://steemitimages.com/DQmeyJNjHJx9KSfVxwNisp6pUFsJAZeisJqoUJ7Vs8a2JJ7/Bildschirmfoto%202018-05-06%20um%2015.22.35.png)

![Bildschirmfoto 2018-03-24 um 17.10.52.png](https://steemitimages.com/DQmfXyfF5JyG4jwVbbypeWaf5J5yC3GSxQYxoRyPVTozbGR/Bildschirmfoto%202018-03-24%20um%2017.10.52.png)

## **Reference table**
analyst | latest content date | link to content for details
------------ | ------------- | ------------- 
[Tone Vays](https://twitter.com/tonevays?lang=en) | 05. May | [here](https://www.youtube.com/watch?v=QBoOPujnQMo)
[@haejin](https://steemit.com/@haejin) | 05. May | [here](https://steemit.com/bitcoin/@haejin/bitcoin-btc-morning-update-approaching-5th-wave)
[@ew-and-patterns](https://steemit.com/@ew-and-patterns) | 05. May | [here](https://steemit.com/btc/@ew-and-patterns/btc-update-05-05-18)
[@lordoftruth](https://steemit.com/@lordoftruth) | 06. May | [here](https://steemit.com/bitcoin/@lordoftruth/bitcoin-trend-series-ep-584-above-9-911k-call-911-steem-bounty-reward)
[@philakonesteemit](https://steemit.com/@philakonesteemit) | 06. May | [here](https://steemit.com/bitcoin/@philakonesteemit/bitcoin-btc-may-6-morning-update-technical-analysis-the-usd10-battering-ram-failed)
[@passion-ground](https://steemit.com/@passion-ground) | 02. May | [here](https://steemit.com/btc/@passion-ground/bitcoin-short-term-update-bias-and-key-statement-for-5-1-2018)


## **Definition**
- *light blue highlighted* = all content that changed since last update.
- *sentiment* = how in general the analysts see the current situation (bearish = lower prices more likely / bullish = higher prices more likely)
- *target* = the next (short term) price target an analysts mentions. This might be next day or in a few days. It might be that an analyst is bullish but sees a short term pull-back so giving nevertheless a lower (short term) target.
- *support/res(istance)* = Most significant support or resistances mentioned by the analysts. If those are breached a significant move to the upside or downside is expected.
- *bottom* =  -> now renamed and moved to long term table. Low 2018
- *low/top 2018* = what is the low or the top expected for 2018?



## **Further links for educational purposes:**

- From @ToneVays: [Learning trading](http://www.libertylifetrail.com/education/learntrading/)
- From @philakonecrypto: Like in every post you find links to his amazing educational videos. For example  [here](https://steemit.com/bitcoin/@philakonecrypto/bitcon-btc-march-1st-technical-analysis-evening-update-target-usd11-065-nailed-what-next)
- From @lordoftruth: [Fibonacci Retracement](https://steemit.com/bitcoin/@lordoftruth/fibonacci-retracement-in-trending-market)
- From @haejin: [Elliott Wave Counting Tutorial](https://steemit.com/bitcoin/@haejin/bitcoin-btc-evening-update-short-term-target-is-usd12-112-to-usd12-306)

*If you like me to add other analysts or add information please let me know in the comments.