We can make things as complicated as we want but I wanted to keep things natural and it seems like bulls are really in charger now. #Bitcoin #BTC
Be aware there is a CME futures gap down to 58k That’s got to be filled if btc is to carry on its upwards motion
The bulls and bears are currently engaged in a tug-of-war on RIOT's chart. From a technical perspective, the magenta wave (ii) could already be over. However, we are not yet convinced of this and give the price room to move closer to the support at $7.80. Only when the low of the move is established just above this level should the price turn around and rise...
BTC has lost the 1D 200 EMA for the first time this year which is a major TA trend Indicator. On the daily timeframe we can see a clean breakthrough below on the first touch since October of last year, which initially is surprising as this level is seen as key support for keeping a bullmarket going. Now that BTC has fallen under the moving average we've seen...
The "fresh" CPI US was announced at 3.0%, while the forecast was 3.1%, the previous figure was 3.3% The data is more than positive, laying a good foundation for the start of the Fed rate cut Logically, the price of financial assets should rocket upwards, well, at least the SP 500 does) But unfortunately, the correlation between stocks and CRYPTOCAP:BTC is now...
Hello, I invite everyone to a quick review of BTC to USDT pair, taking into account the four-hour interval. as we can see, the price has moved upwards from the downward trend line. After unfolding the fib retracement grid, we can determine a strong resistance zone from $62,799 to $64,952, only the upward exit from this zone can give room for an upward...
If we can envision a Inverse Head and shoulders forming. With a horizontal neckline coming in at around $47.5-48k It gives us a LOG projection north of $140k Draw it out yourself and see :) A linear target would be much more subdued and give us a $80k target And trap people below that magical figure for close to a decade , if u tack on a bear market that...
It's been a while since I posted something on TradingView, mostly because there has been nothing going on for months now. However, I believe we are coming into a major pivot point for Bitcoin. In the past, when Bitcoin consolidates at previous all-time highs, it's a strong sign that we are entering a Bitcoin bull market. But this time, it seems, at least for now,...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 BTC has been retesting the $60,000 resistance zone. However, it is still considered a correction phase. For the bulls to take over medium-term and shift the momentum, a break above the last major high marked in green is needed. 📉Meanwhile, BTC can still reject the green...
Bitcoin (BTC) is demonstrating remarkable resilience and strength, even as the broader market grapples with the shock of the attempted assassination of Donald Trump. Currently, BTC is in a higher-degree uptrend, having broken to new all-time highs (ATH) back in March. Following this surge, the market experienced a three-wave retracement, a common corrective...
The situation you see seems that Bitcoin has completed its fourth downward wave and now it is time to break the ascending triangle and complete its 5th wave. Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit...
Bitcoin - daily close above 62k will be the start of a new up cycle Price is right now at the previous VAL - that's a major resistance for this trend it's so important to take a trade after clear confirmation that's confirmation is a daily candle close above 62k
CRYPTOCAP:BTC #BTC $63,544 testing, Beautiful push above $60,629 with a test, Current 4H looking bearish, RSI on 4H in overbought region while 1D looking good, support above $63,544-$64,344 will allow test of $66,323, $61,953 current support yet to be tested, watch given S/R
By analyzing the #Bitcoin chart on the weekly timeframe, we observe that after 2 months, this cryptocurrency finally experienced a drop to fill its old FVG. Interestingly, after this FVG was filled, the price managed to rise by 10%, from $53,500 to $58,300! Currently, Bitcoin is trading around $57,200, and if it can hold above the support level of $50,500 to...
Morning everybody, As we've said last time - until BTC under 60K it keeps bearish context. So, the first step on a way to bullish turn is done. Market ha broken it up. Next decisive area is 65-66K resistance. If BTC will break it - it will be on a way to the new top and challenging of 74 ATH. Now we follow to reverse H&S pattern on 4H chart and watching for...
After the massive losses in June, Bitcoin has at the very least found a temporary bottom in July. In my view, this is nothing more than a temporary pause to let the long-term oscillators get less extreme. The most likely scenario will be that the Bear Flag pattern will play out over the next few weeks. This is a risky bet, since we're going to trade from the...
I sense a big cup and handle forming so I'd like to point it out early. The depth of the cup would put the price action at the 2.618 extension. This would also align with and be a third touch in a rising non horizontal resistance. I see a lot of similarities with the 2017 top and the breakdown that followed. SMA 50 crossed the SMA 100 at almost an identical...
Bitcoin has shown significant strength, breaking through the crucial resistance level of around $61,000. Currently trading at $62,617.12, BTC is nearing the next major resistance at $63,000, as indicated by the yellow horizontal line on the chart. Uptrend: Bitcoin's price is above the ascending trendline, suggesting a continuation of the bullish trend. Volume:...