The price of Bitcoin fell more than 6 percent to $59,290 over the past 24 hours, trading as low as $58,564 over this period, Trading View’s Bitcoin chart shows. Yet, a strong sun will shine over Bitcoin in the next 24 hours, signaling bullish market conditions. ☀️ “Today's drop is intriguing and presents a potential opportunity for those looking to capitalize...
I scanned through all of the lowertimeframes and I saw plenty of price turnaround from the notorious double top sell-off. I see on the mid-timeframes that bitcoin is getting support on the 200ema. My analysis is that Bitcoin is going much much higher soon. The weekly cup n handle system on the weekly is a mammoth system.
Bitcoin's recent crash recovery is showing a similar recovery structure to that seen after the Covid-19 crash in the previous cycle.
Bitcoin (BTC) has remained under pressure despite spot Bitcoin ETFs witnessing massive inflows. BlackRock’s iShares Bitcoin Trust (IBIT) registered a staggering $224 million worth of inflows. Besides BlackRock’s IBIT, Franklin Bitcoin ETF and WisdomTree Bitcoin Fund registered $5.5 million and $5.1 million worth of inflows. However, Ark 21Shares Bitcoin ETF,...
Bitcoin overall Super Bullish. Minor Correction on H4, You must take Advantage of this correction with minimum risk. "Good Luck folks" DO YOUR OWN RESEARCH & TRADE WISELY DON'T RELY ON MY OPINIONS
I will be looking for LONG opportunities on BTC after the resistance level at 65000.00 has been broken and thereafter forms an upward confirmation Break of Structure(BOS) signal, and the two reasonable take profit levels are set as "TP1" at 70000.00 and "TP2" at 72000.00, shown on the 8H Chart. At the moment, BTC is consolidating locally. It seems...
Hola ola My Dear, Robbers / Money Makers & Losers, This is our master plan to Heist BCH/USD "BITCOIN CASH" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the...
Delve into the world of Bitcoin trading with this in-depth guide to buying BTC on the spot market. We'll explore the best practices for purchasing Bitcoin, including tips on timing, market analysis, and risk management. Whether you're a long-term investor or a short-term trader, this guide will provide the insights needed to maximize your returns in the...
Bullish cross between 200MA and 50MA spotted on 4 hour timeframe and appearance of green cloud. This would suggest a short term bullish outlook for bitcoin for the coming days. The golden cross on daily time frame could follow by 1st or 2nd week of September and would drive the price to 65k-70k level.
This is a great setup that I learnt from another fantastic trader named Rulf who lives in Germany. He is also a professional trader. See how price for bitcoin broke out earlier and the RSI also broke out above the 70 zone on the RSI. Well the way setup works is that you want condolidation in price to occur and a pullback of the RSI back to a level around...
Already Trendline breakout 233 above fresh breakout 237/240/245/249 can test soon , 250 above will review level again
Hello Ladies and Gentlemen, My expectation for Bitcoin is that it will go down a little bit to about 62,250 and then continue to rise to the 70,000 and possibly beyond. Please comment what you think!
Detailed technical analysis of the BTC/USDT pair on a daily timeframe. Here’s a breakdown of the key elements and potential trading ideas based on the chart: ### Key Observations: 1. **Descending Channel Formation**: The price action is moving within a descending channel, with clearly defined peaks (marked as 1, 2, 3, 4, 5, and a possible 6) and troughs. The...
We had a nice pump in the markets today, stemming from J Powell's comments from Jackson Hole signalling not only one rate cut coming in September, but likely multiple (not priced in). RFK also kinda sorta endorsed trump but still kept the Hail Mary option open for him to still get elected (Don't hold your breath, although I'd love to see that. RFK had a great...
BITSTAMP:BTCUSD is reversing every single rejection of the previous all time high which we saw over the past couple of months, clearly showing that buyers are still overall in control of Bitcoin. Click link above to see detailed analysis 👆🏻 For a couple of months in a row, Bitcoin has been retesting the previous all time high which was created back in 2021...
BTC is in the handle phase of a Cup and Handle pattern on the daily and weekly timeframe, so the higher timeframe is in confluence. A push above 70k on volume could signal the measured move of 46-48000 points to the upside. This is calculated from the bottoming support area of roughly 16k to the top of the handle which is around 64-70k. Best of Luck!
Regarding Bitcoin , there have been no changes in the structure since yesterday. We are still within the global sideways range and are primarily waiting for a breakout of the trading high at $62,800. There's a high probability that this will happen today, influenced by the US Federal Reserve's interest rate reduction. The announcement is scheduled for 17:00...
BTCUSD, The modern day diamond in the trading world seems to be fomulating a promising cup and handle setup. This might be a perfect time to invest in the coin by leverage buying it at its risk entry!