Hello everyone. Did some preliminary work on BTC today. I will update with more details explaining my technical analysis. Preliminary observation : Maintain of bullish scenario. However, original and modified schiff structures lost in 2018. Good news, current must zone to hold is upwards of 20, 30k so prices under these levels jeopardize this analysis.
According to the analysis presented in the weekly time frame, Bitcoin registered a new ATH and is currently facing selling pressure in the lower time frame. Three movement scenarios can be considered for the next movements of Bitcoin. 🔰 The first scenario : if it is not able to break this ceiling in the weekly or daily time, it can continue its growth with a...
This crypto coin has been forming a very interesting pattern - a falling flag, which IMO is a strong indicator for a bullish momentum. As for now, there is no clarity if the price will test the lower trendline again or reverse to break out of the upper trendline. A follow up analysis using the shorter time will give clarity on our entry.
Crypto market had one of the worst days in the history with sudden market crash. From the peak market had crashed 29%, this is the major correction since the halving. This market crash fuelled by the recession fears. 47-48K range acted as a support during this crash and it held strong, looking the current bounce back, i'm assuming this support will hold, if the...
Take a look at the chart above. I am keeping this fully transparent: I am not a perma bear, nor am I a perma bull or moon boi. I am just analyzing what I see. If I am right, that would mean that we have bottomed for the time being and the next phase of Bitcoin is preparing. I inverted the chart to make the TA make sense to me because the right side up was just too...
**Overview:** In the wake of our recent Bitcoin bull rally projection, a critical juncture required close monitoring. The latest chart update suggests that while a short-term correction is anticipated, the overall bullish sentiment for Bitcoin remains intact. **Key Insights:** 1. **Critical Point Monitoring:** - In the previous Bitcoin post, a chart update...
hiiiiiiiii gues First look at this analysis. We reached our target. Many people made fun of me. But!!!!! Well, look, I'm still seeing a bearish trend in Bitcoin. Look at my levels. But if we are pessimistic, the price can move up. I will post a new analysis if I move. How much do you believe in me?
Half of 2024 is over. During this time, Bitcoin has managed to update its 💥 historical highs. What can we expect from bitcoin and the cryptocurrency market in the future? For six months, there was only one month when the price was actively growing. It was February 2024: In one month, the BTC price rose by 💎43% and began consolidating on the monthly...
It's been quite an exciting year for bitcoin with a new all time high around $73,500. Enormous runs like this that last over a year, 450 days, there's going to be corrections or cool off periods. Now's the time to stay calm, plot some targets and see where it lands. My targets and where horizonal fibs intersect with diagonal trend lines. When Bitcoin interacts...
- CME and cryptocurrency ETFs are important, but in different ways : - The CME is more influential in terms of institutional trading, price discovery, and market structure, while ETFs play a crucial role in making cryptocurrencies accessible to a broader range of investors and driving market adoption. - Don't focus on ETFs, they are still young and small in...
Hi, The panic in Asian markets will cause irreversible damage at the moment. This is just an idea! Be careful!
The crypto market faced a significant downturn on Monday, marking what seems like a Black Monday event. Bitcoin ( CRYPTOCAP:BTC ) led the decline, plunging nearly 10% to hit the $50,020 mark, triggering alarm among investors. Ethereum ( CRYPTOCAP:ETH ) wasn't spared either, crashing almost 20% amidst a broader market slump influenced by major dumps from trading...
- everything is in graphic as always. - I have always been conservative about the next top. - As trader i believe in trends. - i always said : " more it takes time to go up, more higher we will go" - be ready for the unexpected. Happy Tr4Ding and Stay S4fe !
This market prediction indicator shows a bullish forecast for BTCUSD We are aware that BTCUSD has dropped due to panic sellers but this indicator is usually accurate during times of uncertainty It is very likely bitcoin will pick up soon!
Nvidia, a leading player in the semiconductor and AI sectors, has been making waves in 2024 with a series of strategic acquisitions. Despite facing increasing regulatory scrutiny and a cooling trend in AI mergers and acquisitions (M&A), the company is positioning itself for what could be its most acquisitive year yet. However, Nvidia's aggressive expansion...
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (BTCUSDT 1M chart) The StochRSI indicator has fallen below the midpoint. Therefore, when this month's candle closes, we need to see if it can close above the 1st. If not, and it closes near...
As can be seen, the rising trend that took us from the bottom to the new ATH has been broken and according to the Fib levels, it does not appear that the decline will stop before 56K. My guess is that the decline will stop temporarily at the minimum angle trend level, that is, 50K, but I do not think we will see a new ATH this year.
This is my first post in some time. As I stated before, I'm largely moving on from crypto. I'm still here, paying attention to the market. I've also created a site for my fiction writing. Eventually, I may migrate some of these posts over there as representations of my non-fiction speculative market analysis. Anyway, on to the important stuff. Bitcoin did not...