BTC/USDT Analysis: High Time Frame Insight The thick line on the chart represents a higher time frame, likely a weekly or monthly level. This indicates that the marked levels or events around this line could have a significant impact on the long-term price movements of Bitcoin. Current Price Action: The chart shows a gradual downtrend, which might continue...
Good Evening and I hope you are well. tl;dr Bitcoin - Bears did it today and bulls will probably wait for 54000/55000 to start buying again. Should not go above 59000 before 54000/55000. From yesterday: One side will give up tomorrow. Promise. comment: Promise kept. I also wrote that 62000 is my line in the sand for the bears. We are now in a decent...
This analysis is an update of the analysis you see at the bottom of the page in the "Related Ideas" section Bitcoin did not move towards supply to enter sell/short positions. The upward movement of Bitcoin took a long time, it seems that Bitcoin is going to collect a buy order from the lower limits. Now Bitcoin seems to drop to the green range and then it seems...
Market Observations: Despite good news and rising equities, CRYPTOCAP:BTC is consolidating and moving sideways, which isn't a strong sign for bulls. Key Levels to Watch: Support Level: $60,000 – This level must hold, or BTC could move towards the downside. Breakout Level: $62,500 – A clean break above this level would demolish the bear thesis and likely...
Bitcoin moved as I expected in the previous post . Bitcoin is currently moving in the Support zone($60,800-$56,700) and near the Support lines . In terms of Classic Technical Analysis , Bitcoin seems to have succeeded in forming a Falling Wedge Pattern , and an Inverse head-and-shoulders Pattern is possible . Also, we can see Regular...
USDT Dom weekly chart looks bearish, 5.6% is hard resistance, tether dominance next Target will be 2% if it cant break the resistance. Boost & Follow 👍👍
The declines of the last few hours could be the prelude to the final sell-off of green wave 4, which would pull the price significantly lower into our Zone. Only when this move has ended should the price start a sustained upward trend and surpass the resistance at $73,808.
#Bitcoin 1W chart; As followers may remember, we have interpreted the Bitcoin chart from many different perspectives before, so let's look for different meanings from a different perspective; The first thing I would like to draw your attention to is the RSI signal that formed at the top of 2021 before falling. These signals are valuable for charts because they...
Hi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price broke the support level and fell to the trend line. Next, BTC turned around and soon broke the 56700 level again, after which made a retest and continued to grow. In a short time, the price rose to the resistance level, which coincided with the resistance zone,...
Hello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price some time ago entered to range, where it at once reached a resistance level, which coincided with the seller zone and then rebounded down to the bottom part of range. After this movement, the price in a short time rose until to top part of the range, but...
Morning folks, Last time we said - no longs until bearish daily grabber is valid. So, it is still valid. But if you do not want to wait when situation will be resolved, or by any other reason you would like to buy - here is the life hack. ;) On 1H chart we have clear "222" buy shape with 56.70K target and strong K-support area. So you could try this strong area...
Base on Technical and wave analysis we see this scenario for bitcoin for the next move
Overview: The market is currently at a stalemate, which isn’t surprising after last week’s 15% crash. Since 2009, CRYPTOCAP:BTC has only experienced a drop of more than 15% around 10 to 15 times. We’re receiving contradictory macroeconomic news: on one hand, predictions of a long-awaited recession in the U.S. are surfacing, with major corporations reporting...
Current pattern looks like the crash of 2020. So, I believe Bitcoin will test 1.618 level. That is $43 500 - $43 300 price level. When it crashes buy more BTC and BTC mining stocks, like NASDAQ:MARA , NASDAQ:RIOT or others. Overall, I am always long BTC.
We all know BTC made a 30% dump and is still finding its way to go up. A weekly candle was gorgeous, but it doesn't mean we will see huge green candles right away. I am still in a short position and will consider closing my trade at those green-marked lines. To do that BINANCE:BTCUSDT must close a candle below 57.6k in the 4H timeframe. Remember, BTC can reach...
Touched support at 57.7k, strong support+big OB, hope it can go up again until August 19 2024 take profit = August 19 2024 (👁️)
PAXG/BTC has gained 66% within the current trading range, the T1 target of 0.062732 BTC is still active.
📊 BTC Dominance: Key Dates Ahead 🚨 Bitcoin's dominance is approaching critical levels. We're watching for significant movements around October 7, 2024 and November 3, 2025. These dates could mark key turning points for BTC dominance, impacting the broader crypto market. If BTC dominance drops to around 40%, it could trigger a colossal altcoin season, presenting...