Last weeks high: $71,999.47 Last weeks low: $69,028.57 Midpoint: $66,057.66 After a historical week for the crypto space with the ETH ETF approval has meant that BTC has taken somewhat of a backseat. Currently battling with the '21 ATH at SWB:69K while ETH is beginning to pic up strength in the ETH/BTC pair and take volume away from Bitcoin. Ethereum has been...
Last week, the SEC unexpectedly approved the ETH ETF. Although it is still some time before the listing of the ETH ETF, the crypto market has entered a carnival. ETH started pumping, narrowing the gap with BTC in terms of gains in 2024. We believe that although the ETH ETF has been approved, the staking utility of ETH will still make the SEC cautious about...
Hello! I see that we may be setting up nicely for a couple elevator rides in the DOGE:BTC pair. I heard rumor that the USD was loosing its rank as the world reserve currency… turmoltuous times ahead. The probe act says Doge is a good boy that sits and stays, and goes for runs… even when the Fed reserve and bitcoin both implode! lol. Seriously though. DOGE is...
Hello my friends Cardano is getting squeezed to start a new move up. The red lines indicate the range of the daily price range According to the chart, I am looking for a suitable setup for a long position in the specified range The confirmation will be done in 15 minutes This post will be updated, please let me know what you think about it
Bitcoin's price action is currently outside it's falling channel! Will it rise? Current Price: $69400 In my previous analysis of bitcoin's break out of the channel, there were two possibilities: 1. Breakout is actually a fake out and bitcoin will further break down to lower supports 64k, 60k. This has not happened! The next possibility is 2. Bitcoin is...
CRYPTOCAP:BTC #BTC Testing $67,716 support, broke below $68,546 support. Previous 1D closed bearish and currently forming bearish engulfing on current 1D, $66,961 support could be tested. Continue watching given S/R
GM, this morning BTC started to drop again, and the candle close on the 27th was bullish but faced strong rejection. The fear and greed index is still in the greed status this morning, so overall there's still a chance for BTC to drop further. However, my personal opinion is that BTC might just move sideways between 69K - 70K until the end of May. Let's see where...
Bitcoin (BTC/USD) is rising towards the pivot which has been identified as a pullback resistance and could reverse to the 1st support. Pivot: 71,238.76 1st Support: 67,043.03 1st Resistance: 73,857.37 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and...
#BTC Long Setup ➖ Symmetrical Triangle guys you know i goes based on the Chart Information and the Chart can Change fast. in this Case we see BTC creating the Symmetrical Triangle and it breaks out. 2 Scenarios can be happen now: Scenario 1: we have seen very often that at the first breakout often trades to its fake breakout. this does not always have to be...
bitcoin Quote from last week: bull case: Bulls need strong close above 67000 for 70000 and probably retest of ath. They tried 4 times now and failed. Market is also a wedge top on a lower time frame. Bulls have no good arguments around 67000. comment: Last weeks my line in the sand for bulls was around 67250, since market was rejected there 3 times. Bulls...
In the weekly time, after a complex correction, now after exiting the concentration, it can take two paths in the face of the resistance ahead, of course, 🔰in the lower time, a shadow has been cast on the green box area. Therefore, after breaking the red bar, it will have the ability to grow up to the first supply zone, and if it continues, it can touch the...
To date, the market has reached another turning point, let's look at further prospects. The goal of returning above 3500 on the air was successfully fulfilled against the background of the opening of the quarterly candle above the level, however, the second half of the quarter opened in a negative zone, which will support sellers as they approach the end of the...
It is very possible that it will go to 56K-53K to trap buyers at the current price and there will be panic selling.
Hi Traders, I hope you all are doing well and navigating the crypto market with your best strategies. This update is for MTLUSDT. MTL is looking interesting over the next time frames and may show increased volume. That's why we're keeping an eye on this coin. $2.00 is a key confirmation zone. If the coin breaks this level, there's a high chance it could...
Hi friend. Like you can see on image big bears volume was distributed. And now we can without resistance take upward trend. Bulls target 69715. Follow me. And dont forget to support! ;)
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I applied the degree system, phoebe, cycles, I think it could be something like this looking at the overall fractality of events in the past and now. In the distant future I don't think bitcoin has any value as such for it will be banned more for environmental purposes if there is a green agenda or just because everything tends to centralize.
Hi friend. Bulls is exhausted and price will fall to strong support levels between 67500 and 67000. We have 1H bulls accumulation zone "1" and passive purchases now. So downward trend is active. Follow me;)