I still believe that it can be attractive to buy at lower points. Current Bitcoin prices are not attractive for whales and big companies.
Hey there, ✌ Bitcoin is currently trading around the $58,500 range. Given the lack of stabilization above the $60,000 level, we could be facing a bearish trend. Additionally, with the recent break below the $59,300 mark, the short-term outlook on the 1-hour chart appears bearish. We expect that after completing a pullback, the price may move towards the...
Alright, on the 4-hour chart from 2 days ago, Bitcoin was hitting strong resistance at $60,800 and couldn’t break through. The crucial support level is now $58,100, which Bitcoin needs to hold to bounce back up if it fails. We're heading down, folks, and you can see it on the charts. Please hit that like button (or is it the boost button?). Have a great day!
Possible Scenario for #BTC in the Coming Days: We are currently observing the conclusion of wave c of B, which is anticipated to reach $54,3xx level before any potential upward movement. Wave c has formed a Neutral Triangle pattern, and the final leg has just begun #BTCUSD CRYPTOCAP:BTC
It's unlikely that governments would intentionally allow altcoins to devalue central tradefi. There are a few scenarios where altcoins could potentially challenge the dominance of fiat currencies: Cryptocurrency adoption : Widespread adoption of cryptocurrencies could lead to a shift in the global monetary system, potentially reducing the importance of fiat...
64 below weak TL breakdown possible 62/60/58 can test easily
MartyBoots here , I have been trading for 17 years and just want to share my thoughts on Bitcoin. This is a very important video and should be watched carefully. Bitcoin is getting to the end of the consolidation and very close to a move. Any questions please hit me up
Bitcoin is below the EMA50 and EMA200 in the 4H timeframe and is trading in its descending channel In case of risk aversion in the US stock market or withdrawal of capital from Bitcoin ETFs today, we can witness the continuation of the downward trend. But it is better to enter into sales position within the specified supply zone due to the reward to the more...
TIAUSDT has experienced a remarkable rally, reaching all set targets and surging to a price of 5.900. This bullish movement reflects strong market demand and positive sentiment among traders. The coin broke through multiple resistance levels, confirming the strength of its upward trend. Several technical indicators, including moving averages and RSI, signaled...
Trendline breakout possible 172 above if sustain expected to fill the gap 182 182 above will next review level
40.50 above swing high breakout possible 41.50 above trendline breakout possible 41.30/42/43/45/46 can test soon
If news such as war or news that shocks the market does not come, I expect Bitcoin to return to its serious supply again and probably clear it this time and a new ATH is on its way.
From my analysis, I believe that we've traded back down into an area of heavy discount. I'll be looking to go long from here. Btcusdt, bitcoinusd, bitcoin
Here's some promising news for those hoping Bitcoin will reach $100,000 by the end of the year. We’re observing a bull flag pattern on the weekly chart, which could set the stage for that goal. If everything progresses smoothly, reaching $92,722 is a possibility. Given that it's a U.S. presidential election year, unexpected developments are always possible. www.fool.com
I think there is a high likelihood we crash to 40k coming months, the price structure is very similar to a Distribution pattern, except these last days. Will be interesting coming weeks/months. I myself will keep hodling.
The next impulse wave will take Bitcoin all the way down into the 30k's. The economic landscape is much different compared to every other cycle, deleveraging etc. Then at the end of 2026: big and slow push up into the 2 trilly mark.
BTCUSD_2024-08-09_00-06-51_87596.png As per my last post on Bitcoin which showed Bitcoin's strength in breaking out to the upside today from recent zones, this breakout occurred when Bitcoin was looking very bearish with D Tops across most timeframes. Be aware of a massive cup and handle formation on the weekly chart. The chart here displays Bitcoins healthy...