Regular daily update on BTC ta analysts opinions.

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

• There it is - the storm - luckily for all hodler to the upside - not so good for all short position holders.

• We broke 7'500 and 7'800 in a hurry. Now working on 8'000 and 8'200

• All analysts turned bullish except for Tone who see's a equal move as in 2014 where this move would end in a bull trap.

• 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: We bounced at 50 MA. It looks very similar to 2014 which means even with this bounce we go down. Nothing happened now - the downtrend still unbroken. In 2014 even the downtrend was broken and everybody went bullish and than we got down again - bull trap.
  Just one day of upside and everybody sees the bitcoin rally. There is no news just a short squeeze.
• Daily: We got rejected by the downtrend of the linear chart. He is expecting this move up not to last. He stays bearish.

@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:

Bitcoin price rallied upwards strongly to breach yesterday first resistence at 7.66K and the second resistence at 7.88K and for now it is settles around 8.00K.
A swingy pattern might be formed between 7.38K and 8.26K but bitcoin could resume trading on fundamentals.
Todays trend is bullish. Expected trading for today is between 7'380 and 8'260.

@philakonesteemit:

From here he sees two cases - we break above 8'087 to target 8'250-8'500 or we correct to support level for subwave 4 correction before heading to 8'500.

@passion-ground:

He sees bitcoin in nowhere land. As long as we don't get a clear price indication market will just moving without power.

Summary of targets/support/resistance

Reference table

analyst	latest content date	link to content for details
Tone Vays	12. Apr	here
@haejin	13. Apr	here
@ew-and-patterns	12. Apr	here
@lordoftruth	13. Apr	here
@philakonesteemit	13. Apr	here
@passion-ground	11. 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.