Regular daily update on BTC ta analysts opinions.

My summary - short-term sentiment: bullish (last: bullish)

• Move up came to a hold and is consolidating around 8'000.

• All analysts turned short term bullish. Most of them consider the bottom has been found.

• Tone who see's an equal move as in 2014 where this move would end in a bull trap isn't convinced that we have found the bottom yet.

• @passion-ground is also mid-term bearish. He still sees a valid pattern leading to lower lows. But short-term he is bullish.

• April is used to be a good month for crypto. Lets see how this turns out this time.
  

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

Analysts key statements:

Tone:

• Weekly: Stays clearly bearish.
• Daily: Massive resistance is mounting - 50 MA, 200 MA which has proven as very relevant for bitcoin, fib line, log down trend and some others. He stays bearish and very sceptical of current move.

@haejin:

Bitcoin broke out of the upper resistance line of the second wedge pattern. MACD supports.
Next the upper blue line needs to be broken.

@ew-and-patterns:

He sees his alternate bull count activated. This one is valid until 6'760 is breached to the downside.

@lordoftruth:

He believes a ping pong move between 7'380 and 8'260 is what we are going to get next. He expects a pull back to the 7'300 region - an opportunity to take long positions. Momentum indicator is in the process of forming a higher swing high.
Todays trend is bullish. Expected trading for today is between 7'380 and 8'260.

@philakonesteemit:

We reached 8'250 and see dangerously overbought conditions. A correction is more likely than another wave up.

@passion-ground:

Is the latest "pop" a precursor toward new all-time highs or is it simply the beginning of a bearish counter-trend trend rally amidst and elongated bear market?
He sees both scenarios as viable prospects. More indication from price action is needed.

Summary of targets/support/resistance

Reference table

analyst	latest content date	link to content for details
Tone Vays	13. Apr	here
@haejin	13. Apr	here
@ew-and-patterns	12. Apr	here
@lordoftruth	14. Apr	here
@philakonesteemit	13. Apr	here
@passion-ground	14. Apr	here

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
• From @philakonecrypto: Like in every post you find links to his amazing educational videos. For example here
• From @lordoftruth: Fibonacci Retracement
• From @haejin: Elliott Wave Counting Tutorial

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