{"id":523268,"date":"2023-03-15T20:25:41","date_gmt":"2023-03-15T20:25:41","guid":{"rendered":"https:\/\/ktsl888.com\/?p=523268"},"modified":"2024-06-11T07:45:31","modified_gmt":"2024-06-11T07:45:31","slug":"bitcoin-price-flash-pump-40000-coin","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-price-flash-pump-40000-coin\/","title":{"rendered":"Why Bitcoin Could Explode To $40,000 Per Coin In A Flash"},"content":{"rendered":"

Bitcoin price is trading at $24,000 at the moment, and only recently held a retest of $20,000<\/a>. Yet within weeks, Bitcoin price could double to more than $40,000 in a flash.\u00a0<\/span><\/p>\n

Here is a closer look at the technical combination that has in the past had a near-perfect track record of signaling the start of the strongest bull trends in crypto history.\u00a0<\/span><\/p>\n

BTCUSD Signal Is Back That Leads To Explosive Move<\/h2>\n

Markets are cyclical<\/a> and history is said to rhyme. Each cycle in BTCUSD has played out slightly differently, but they\u2019ve almost all begun with the same flash bang setup that resulted in an explosive move, followed by a sustained rally.\u00a0<\/span><\/p>\n

That particular setup involves a combination of the logarithmic moving average convergence divergence indicator (LMACD) and the Bollinger Bands<\/a> on the 3-week timeframe.\u00a0<\/span><\/p>\n

Related Reading: Calm Before The Storm? 7,000% ROI Bitcoin Signal Resurfaces<\/a><\/div>\n

In the past, this particular setup has always resulted in Bitcoin price at least doubling, even tripling, in an a matter of days to weeks. The combination of the two technical tools generates the signal when BTCUSD passes above the middle-line on the Bollinger Bands, and when the red trigger passes above the dashed middle line on the LMACD.\u00a0<\/span><\/p>\n

This setup is back for only the fourth time in Bitcoin price history, with time is on its side according to cyclical behavior. The signal each time confirmed the bottom was in, and started a massive move higher.<\/p>\n

\"bitcoin<\/p>\n

The indicator combo is about to trigger a buy signal | BTCUSD on TradingView.com<\/a><\/pre>\n
Why Bitcoin Price Could Double In Less Than Six Weeks<\/h2>\n
Each time the signal fired and BTCUSD closed above the middle-line on the Bollinger Bands<\/a>. This confirmation caused price to rally to the upper band over the next 3-6 weeks, resulting an on average a 118% return.<\/p>\n
In 2013, after the signal triggered, Bitcoin immediately rallied 139% to the upper band, then continued another 19,000% higher.<\/p>\n
The second signal in 2015 saw the weakest initial rally with 76% ROI after making it above the middle-line \u2013 which on the Bollinger Bands is a 20-period simple moving average. The full rally resulted in more than 7,000% in gains<\/a>.<\/p>\n
Related Reading: Bitcoin Breaking Above $26K Could Cancel Crypto Winter<\/a><\/div>\n
In 2019, BTCUSD pumped another 139%, then added another 1,000% before the bull run fizzled out. Now the signal is back, and the upper Bollinger Band is located at roughly $40,000 per BTC, or around double from here and the recent retest of $20,000<\/a>.<\/p>\n
Historical data suggests that the top cryptocurrency by market cap could see a strong move soon, with as much as 118% on average initially. The average across the three rallies that followed, rounds out to roughly 9,000% on average.<\/p>\n
Much of the gains were during the early days of crypto, so don’t expect anything that significant. But the math is what it is, and although past performance is not a guarantee of future results, the probability of an explosive move becomes much higher once the signal confirms.<\/p>\n
Follow @TonyTheBullBTC on Twitter<\/a> or join\u00a0the TonyTradesBTC Telegram<\/a> for exclusive daily market insights and technical analysis education. Please note: Content is\u00a0educational and should not be\u00a0considered investment advice. Featured image from iStockPhoto, Charts from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Bitcoin price is trading at $24,000 at the moment, and only recently held a retest of $20,000. Yet within weeks, Bitcoin price could double to more than $40,000 in a flash.\u00a0 Here is a closer look at the technical combination that has in the past had a near-perfect track record of signaling the start of the strongest bull trends in crypto history.\u00a0 BTCUSD Signal Is Back That Leads To Explosive Move Markets are cyclical and history is said to rhyme. Each cycle in BTCUSD has played out slightly differently, but they\u2019ve almost all begun with the same flash bang setup that resulted in an explosive move, followed by a sustained rally.\u00a0 That particular setup involves a combination of the logarithmic moving average convergence divergence indicator (LMACD) and the Bollinger Bands on the 3-week timeframe.\u00a0 Related Reading: Calm Before The Storm? 7,000% ROI Bitcoin Signal Resurfaces In the past, this particular setup has always resulted in Bitcoin price at least doubling, even tripling, in an a matter of days to weeks. The combination of the two technical tools generates the signal when BTCUSD passes above the middle-line on the Bollinger Bands, and when the red trigger passes above the dashed middle line on the LMACD.\u00a0 This setup is back for only the fourth time in Bitcoin price history, with time is on its side according to cyclical behavior. The signal each time confirmed the bottom was in, and started a massive move higher. The indicator combo is about to trigger a buy signal | BTCUSD on TradingView.com Why Bitcoin Price Could Double In Less Than Six Weeks Each time the signal fired and BTCUSD closed above the middle-line on the Bollinger Bands. This confirmation caused price to rally to the upper band over the next 3-6 weeks, resulting an on average a 118% return. In 2013, after the signal triggered, Bitcoin immediately rallied 139% to the upper band, then continued another 19,000% higher. The second signal in 2015 saw the weakest initial rally with 76% ROI after making it above the middle-line \u2013 which on the Bollinger Bands is a 20-period simple moving average. The full rally resulted in more than 7,000% in gains. Related Reading: Bitcoin Breaking Above $26K Could Cancel Crypto Winter In 2019, BTCUSD pumped another 139%, then added another 1,000% before the bull run fizzled out. Now the signal is back, and the upper Bollinger Band is located at roughly $40,000 per BTC, or around double from here and the recent retest of $20,000. Historical data suggests that the top cryptocurrency by market cap could see a strong move soon, with as much as 118% on average initially. The average across the three rallies that followed, rounds out to roughly 9,000% on average. Much of the gains were during the early days of crypto, so don’t expect anything that significant. But the math is what it is, and although past performance is not a guarantee of future results, the probability of an explosive move becomes much higher once the signal confirms. Follow @TonyTheBullBTC on Twitter or join\u00a0the TonyTradesBTC Telegram for exclusive daily market insights and technical analysis education. Please note: Content is\u00a0educational and should not be\u00a0considered investment advice. Featured image from iStockPhoto, Charts from TradingView.com<\/p>\n","protected":false},"author":517,"featured_media":523270,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,1119,1144,78790,6664,4524,76835],"class_list":["post-523268","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc","tag-btcusd","tag-btcusdt","tag-crypto","tag-xbt","tag-xbtusd"],"acf":[],"yoast_head":"\nWhy Bitcoin Could Explode To $40,000 Per Coin In A Flash<\/title>\n<meta name=\"description\" content=\"Bitcoin price is trading at $24,000 at the moment, and only recently held a retest of $20,000. 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As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \"The Bull,\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \"The Bull\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.","sameAs":["https:\/\/coinchartist.io\/","https:\/\/www.instagram.com\/coinchartist_io\/","https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC","https:\/\/www.youtube.com\/@coinchartist_io"],"url":"https:\/\/ktsl888.com\/author\/tonymspilotro\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Why Bitcoin Could Explode To $40,000 Per Coin In A Flash","url":"http:\/\/ktsl888.com\/news\/bitcoin-price-flash-pump-40000-coin\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/bitcoin-price-flash-pump-40000-coin\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/iStock-899096596.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/iStock-899096596.jpg?fit=1254%2C837"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Tony \"El Toro\" Severino"}],"creator":["Tony \"El Toro\" Severino"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btc","btcusd","btcusdt","crypto","xbt","xbtusd"],"dateCreated":"2023-03-15T20:25:41Z","datePublished":"2023-03-15T20:25:41Z","dateModified":"2024-06-11T07:45:31Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Why Bitcoin Could Explode To $40,000 Per Coin In A Flash\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-price-flash-pump-40000-coin\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-price-flash-pump-40000-coin\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/iStock-899096596.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/iStock-899096596.jpg?fit=1254%2C837\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Tony \\\"El Toro\\\" Severino\"}],\"creator\":[\"Tony \\\"El Toro\\\" Severino\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btc\",\"btcusd\",\"btcusdt\",\"crypto\",\"xbt\",\"xbtusd\"],\"dateCreated\":\"2023-03-15T20:25:41Z\",\"datePublished\":\"2023-03-15T20:25:41Z\",\"dateModified\":\"2024-06-11T07:45:31Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/03\/iStock-899096596.jpg?fit=1254%2C837","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/523268"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/517"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=523268"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/523268\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/523270"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=523268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=523268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=523268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}