Bitcoin broke above 31k and went straight to 35k as we said could happen over three months ago. We are now looking for continuation up to ultimately 42k. At the 42 k level we will most likely sell most of our holdings that we acquired when we first broke out at 25k. This will claim us great profits and allow us to enter the altcoin markets that are shaping up...
BYBIT:BTCUSDT.P What to expect in the next coming days for BTC seems very consistant and clear to me at this point i truley believe we have some sort of a pullback/consolidation at 35k although we could be seeing some true resistance on the larger timeframes at around 40 to 45k which leave us a great amount of room/time to execute some trades! if your bullish...
I think 28k will hold and btc starts pumping Next is 40k and no one can stop it.
Okey, forming bull div at weekly (6 months), everyone screaming for lower levels, macro and etc.
#BTC Weekly Chart When I tried to look at BTC from macro/weekly time frame, my perspective changed a little. I'm not much convinced with this rally from 17.6k to 25k unless and until we break that Giant Trend-line initiating from Nov 2021(Cycle Top). I'll sum this chart here in brief for your better understanding. Btc made All time High in Nov 2021 which marked...
Technical analysis: #BITCOIN (Monthly update) * BTCUSD is taking support from Raising wedge Pattern Trend line in Monthly time frame. *Bitcoin Bulls are Regain the 50-MA is Good sign but need to Reclaim the 29k Horizontal Resistance for further Upside movement .. *The price is trading ABOVE both 50- MA as well as trend line is LOOK Bullish// * RSI is Trying...
On large time frame it seems like there is possibility of BTC gaining its lost bullish steam. I'm hopeful for more than 40k at least. Will have to see at that time what the markets say to decide if its a dead cat bounce or a rejuvenation.
As u can see btc formed a descending wedge on the 1d chart after this crash btc touched support, many people will disagree but i think its time to buy the dips and start opening longs positions with really low leverage
This is a much riskier play to take here. The graph is the previous 6months of BTC action. It has been 2 months since the massive Bear win. Bulls had a weak and short attempt at raising the highs. Ever since, it has been a standstill around 40k with both sides making attempts and ultimately failing. A price both sides get attracted to like a magnet. The...
Bitcoin push to 40k. Should test right under old support (current resistance). Correct me if I am wrong or disagree. The more eyes and different views on the market, the better. :D
kBTC currently at a support line on linear as is technically on two support lines on log chart. Im still bullish for $40k next major resistances after that is the D1 orderblock sitting around $46-47k. Global markets green at the moment of writing, im bullish
Zooming out on the daily shows an interesting collision of channels. There's a long term trend since at least early 2021, and the shorter range trend since BTC began to move down. This is all coming to a head, and the wiggle room for BTC to maintain its status quo is running out mid to late February. Support: 34.5 is now the bottom of the broad channel. I...
After losing the $53k support, the BITCOIN has dropped to $40k zone and after that it has supported to around $51k. Our next hope for support was $40k, but the bear trend was so powerful that $40k supporting zone couldn't avoid the pressure from sellers. Now in this situation the price is under $40k and if the bear market is continual the fall to 28k zone is...
Wassupppp These days are important days. Like i said in a previous chart; its the dicision time. Will we stay on the trendline, and hold the 40k as support? Or will we lose the 40k and go into the 29k direction. I personally think we will hold it. This, because the support here is massive. And secondly, the market does the unexpecting. Many people think it wont...
If you've been following my charts a bit, then you know I've been expecting that drop for a long time. If we continue to follow the Wyckoffian logic scheme then it is quite possible that the accumulation phase is at 29k. But today I looked at the charts again, and I noticed that the moves we're making now are very similar to the accumulation phase we saw in...
40-41k short term, 53k long term, 63k fantasy and more…
I expect the first week in January we will drop to the psychological limit of 40K.Then the reflection and movement to 50K and ATH