CRYPTOCAP:BTC #Bitcoin at the beginning of the 2024-2025 parabolic bull run! 📈
Here's a bigger picture in BTC. Expect a deep dive to 9-12k area to the lower bound of the channel, then up to the TOP of 95k.
BTC weekly...when the light blue crosses below the royal blue Bitcoin Super Cycle moving average, the indicator prints cycle bottoms for BTC... i cant zoom out where it did this back in 2013 as well but right now, it appears june 15-20th it could cross again which would reveal with this indicator BTC super cycle bottom.
Bitcoin is just trading in a parallel channel. Nothing suggests any structure is broken but looking at altcoin, as per my other charts, its primed for an altseason across the board based on this sideways price action for bitcoin.
This is a detail look at the previously posted longterm Bitcoin USD map. This is the consolidation box. It is its third appearance in a year and very similar to the other two. This is an early step in pattern recognition. over the next 30 years this could repeat, or group into large multipoint patterns. But for now I am watching this box, using the basic geometry...
BTC daily Candle Update Btc daily closing Candle Above 56k And Strong Support is 53k Short term Major Resistance 58k to 59k And Strong Resistance 61k If Btc Need To daily closing above 60k and Then Start Again Bull Run May Be Possible Bull Run Comming Soon End Of the November
I've been selling rallies. Bitcoin is looking extremely weak at the moment. Bitcoin's chart resembles that of the typical market psychology chart. We are experiencing a dead cat bounce, and I believe smart money is selling rallies. Personally, I will only enter Bitcoin again once I see a strong reversal taking place. I think Bitcoin will be very choppy going...
On April 13th Bitcoin broke the resistance of 61,300 and put in a high of 63,774. April 13th was a buy volume climax bar (blue bar on chart) which was followed by another bar which put in the all time high of 64,896. April 15th was a buy climax bar as well but price failed to move higher and broke below the buy climax bar of April 15th. This is not an indication...
Anyone got the same idea ? Descending broadening wedge is normally a trend reversal. Idea would be invalidated if the 54k resistance line is not turned into support!!
W, 2W and M timeframes will close tomorrow (in 22 hours). Right now it doesn't look pretty at all with this double top on the W and the double top on the 2W including a Shooting Star. I will cover all this on my Youtube Channel tomorrow morning and afternoon. Just type Crypto Mercy and you will find my new Channel. Right now we can see strong support between 40.5k...
Bitcoin is in the third wave of a cycle which is started form March 2020. But if we consider the last impulse wave which started from Sep 2020, it seems that the third and forth wave has been finished and the new impulse is expected. (the ending point of the forth wave can be easily fined by the help of retracement and extension fibonacci and also EMA50 which is...
Bitcoin price is has shaped a bullish-looking triangle and seems to repeat the spike up like the previous two flag patterns. I'm expecting BTCUSD to drop to 11,120 before continuing the uptrend, but we have to wait for the triangle to be broken which will show us the direction. Past ideas:
see at the bigger picture that there's three points higher line declining and two points lower line rising showing that Bitoin is still in bear market. Personally i'm neutral, not short player or long player. But think about it, why do we need Bitcoin?
The Bitcoin in support pattern at $ 7800 and resistance at $ 8220. You can see in the graph above that there is a start of a green Ichimoku cloud that appears after a long time we had a red cloud. The candles above the average line move 100 but still below the average line 200 move. The recommendation is to Buy in the area 7800-7900, Sell in the price area $ 8180.
If we didn't hold on to this support more pain moving forward.. be careful for fake-out or breakout movements !
Time for Bitcoin to go higher again?