Bitcoin is almost ready for the final capitulation event at 62k. Is this a lifetime opportunity to buy BTC and catch the bottom? Definitely yes, you can do it pretty precisely at 62402 with your limit order. Why is this level so important? The most important is the 0.618 Fibonacci level that we can measure in the previous impulse wave. Second, we have an unfilled...
🔍 Let's dive into today's analysis. Today, I want to thoroughly analyze Ethereum to provide a complete overview of the potential scenarios ahead. Bitcoin Analysis 📉 First, let's take a look at Bitcoin. In the 4-hour timeframe, we found support at 64429. After breaking the high of 65389, we set a higher low in this timeframe. From a Dow Theory perspective, we...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price started to decline inside falling channel, where it at once broke $69800 level, which coincided with resistance area. Then price some time traded near this level and later made correction movement to $66200 level, after which backed up. Later BTC...
Bitcoin is now moving in a decent uptrend, making new highs. A correction is possible before hitting a new all-time highs and continuing its journey to above $100K. The key support is at GETTEX:48K , and the ultimate target for this cycle is around $150K, IMO. Stay tuned
Bitcoin nearly 1B of Open interest are still trapped price did 5% drop into VAL at 66k but failed to do a cascade liquidations because too many short sellers were in at this moment i wait for clear pattern to take a trade
Morning folks, Recent Fed meeting results have made impact on short-term BTC performance as well. Although our major bullish context based on daily reverse H&S pattern remains valid, BTC could try to move slightly lower. So, the right shoulder on daily chart will be more harmonic to the left one. In general, until BTC stands above 61K - H&S pattern will remain...
Arbitrum has seen a significant drop in value over the last few weeks, just like most other alts. Since ARB is one of the newer alts on Binance, it has an above average growth path ahead of it. Today I found 3 different "indicators" signaling a potential long-term bottom is in: - Daily RSI has hit oversold - Dotted purple support has held - Bullish divergence on...
Bitcoin (BTCUSD) has been consolidating for the past 3 months (since the March High) but it is no stranger to such consolidation sequences. Since the start of the current Bull Cycle after the November 2022 bottom, consolidations have been the name of the game, as these served as accumulation phases in the absence of stronger corrections. BTC has in fact seen...
As Expected Bitcoin Falls Below Rising Wedge Pattern (Hit Exactly $64060) And Now Holding Between Current Support ($64500 - $66600) It Needs To Hold Above $67500 For Upside Momentum Otherwise, We Can See A More Fall Till $60k Making The Alts More Bleed Let's Wait For The Confirmation
Can definitely be a long signal for ETH/BTC. You can find a perpetual contract for ethbtc in binance futures.
CRYPTOCAP:BTC #BTC $64,344 given key support came in effect as expected 😎! Currently testing $65,521 support, RSI on 4H looks fine while improving on 1D, still look unsteady here. it could test for $66,323 by weekend if continues to improve on 1D. $64,344-$64,062 remains current support area. $63,544 next support from here. watch given S/R
Bitcoin once again started to react strongly after entering the Resistance zone($73,800_$71,900) . Although it tried to break this zone😊. According to the Elliott wave theory , Bitcoin seems to have succeeded in completing the Main wave 5 . In the chart, we can also see the Sell signal between 50_SMA(Daily) and 100_SMA(Daily) (it is a Bearish sign...
BTC may reattempt to reverse based on 4h price shift -- but again the king of coins is still under a correction pressure from daily data, so be mindful. KEY LEVEL 29400. TAYOR.
ARB cryptocurrency is in an uptrend structure and has now grabbed the liquidity of the structure's low. Then if it make a confirmation like SCOB or 1H ChoCh then we could expect it go up to its structure's high at 2.406 dollar. if it close below the 0.725 then this analysis will be faild.
BTC has lost some key technical support levels. The weakness displayed in crypto has come while the stock markets have been incredibly strong Its never a good sign when you see BTC getting rejected at double top. The previous ATH at 69k seems to be really keeping price action in check. BTC has 2 channels converging around 57k - 59K. Don't be surprised if...
Hello Traders, Today we are looking at a the current consolidation or trading range of BTC over the past 4 months. When an asset is consolidating or trading range it could be either in an accumulation or a distribution phase per Richard Wyckoff. Richard Demille Wyckoff (November 2, 1873 – March 7, 1934) was an American stock market investor, and the founder and...
#bitcoin #btc has been forming a bullish divergence to be played out. A moderate bounce in mid/short time frame may be necessary. Breaking the lower trend line and major support will be the invalidation. Not financial advice.
things are looking good for btc. Alts... not so much. However the potential ROI is great considering many have dropped -40 to -65%