I sense #btc #bitcoin price may have a fake out, take liquidities around 72 - 77K and a declination around 75K scenario will lead #btcusd to its last leg of major correction. I called the major correction in mid march at 73K and gave 1st wave target 57K and now if this scenario does not invalidated, the last wave must end around 44 - 48K. If #btcusdt breaks out...
Our view remains the same on Bitcoin. We are still bullish towards a new ATH (All Time-High) of $77,000. But we're patiently waiting for a retracement into our supply zone, so we can buy it back at a cheaper price! Don't be one of those people who are buying at the top, due to FOMO (Fear of Missing Out), which'll only to lead to a bad 'Risk to Reward' ratio.
Bitcoin finally gained bullish momentum after forming a bullish divergence on the daily timeframe on the RSI and breaking the downtrend line (and SMMA), I believe we may see a correction of this movement in the short term, but most likely we will reach 70k again in the coming days/weeks. The German government has completed the sale of all Bitcoins, leaving this...
While BTC had v. nice run from the lows ETH looks much worse, I dont think V recovery is in play, there wasnt that much liquidations yet, I think ETH will hit new lows and BTC will go somewhere towards double bottom.
By examining the Bitcoin chart on the weekly (logarithmic) timeframe, we observe that the price recently surged to $66,000. Currently, BTC is trading around $64,000. I still expect further growth from Bitcoin, with the next target being $67,600. Additionally, we should monitor the price reaction to the $67,600 to $72,000 zone. This analysis will be updated...
Bitcoin Technical Analysis Current Outlook: Bitcoin has surged from the demand zone, stabilizing above $64,905. Trading above $64,910 suggests further upward movement, potentially breaking $70,000. The price is expected to consolidate between $64,900 and $70,000 until a breakout. Bullish Scenario: If Bitcoin remains above $66,180 and $64,900, it could trend...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Some time ago price entered to falling channel, where it bounced up from support line and rose to resistance line. Then price bounced from this line and fell lower than $56700 level, breaking it and exiting from falling channel. After this movement, BTC turned...
Bitcoin trend contraction fan, the main target is the upper white line resistance, the key target is the lower white line support
WLd Big PUMP is COMING! Price started ump as i mentioned in a previous video Main reason - Open interest increased by 100% I think rise would go on 1st target - $3.2 all other target uYou will find in a video
Looking at the daily line on the left, we can clearly see that BTC is coming out of a potential double top structure. Then it fell below the neckline around July 4th to 5th. But in the next few days, it turned into a bottom flip and the double top failed. And looking at the perimeter on the right The short-term EMA did not fall below the medium-term EMA At the...
The Bitcoin bull run has officially started. Here is a fractal showing the last bull run and in my opinion, it lines up very well when coupled with Fibonacci retracement. This is macro timeframe, so these moves could take as long as 2026 to finish coming to fruition. Enjoy.
Potential Scenarios for Bitcoin Price Movement Scenario 1: Temporary Growth Followed by Significant Decline In this scenario, Bitcoin's price experiences a moderate increase, reaching resistance levels around $72,000. This level is significant as it has previously acted as a psychological barrier and technical resistance point. Traders and investors are...
Hello, dear friends!😊 I present to Your attention a weekly chart of Bitcoin, which includes price action since 2016, helping us to see a more complete picture and forecast further price behavior.👍 Today, let's focus our attention on the cyclical nature of Bitcoin . The cyclical nature of Bitcoin is a concept based on observing repetitive patterns and phases in...
Corrections both lasted almost a perfect year. People are beginning to accept the 4 year cycle based on the halvening. 3 years of bullish action, 1 year of bearish correction. If the top trend line remains valid into the next bull run, there is a case for a 240k coin. This would land the price action somewhere between the 2.618 and 3.618 fib extension. ...
Analysts remain optimistic about Bitcoin's future, predicting that the price could reach new heights in a potential bullish phase. However, Bitcoin could drop to around $52,000 if the support level fails or even tests the $50,000 level. Keep an eye on market developments and global economic factors as these will play a key role in determining Bitcoin's price...
CRYPTOCAP:BTC #BTC $66,961 support in effect and testing, $68,546 resisting here, previous 1D close looks good, $66,323 key support here, $69,296 support required to test $71,379-$71,981. Currently forming bearish engulfing on 1D, if bearish engulfing played out expect $66,323 test.
Morning folks, So, reaction on Biden's out is humble. Not only on BTC but across the board. Today it is a small update as nothing has changed significantly. Finally BTC has broken 66K resistance and now, officially, bearish weekly pattern is cancelled. At the same time, despite minor pullback, we haven't got clear H&S shape that we've counted on. Still, I...
Wild Week in Crypto: The cryptocurrency market has seen a tumultuous week, with several crypto innovators seemingly shifting their political allegiance to gain further regulatory clarity in the upcoming election cycle. Key Technical Support: Bitcoin experienced a significant surge last week, maintaining its crucial support in the $50,000-$55,000 zone. This level...