#BTC #Analysis Description --------------------------------------------------------------- The monthly chart for Bitcoin is displaying a pattern reminiscent of the 2020 COVID crash chart. In 2020, Bitcoin experienced a similar crash, leading to a significant wick in the monthly chart. We are currently observing a similar pattern in 2024, attributed to the market...
BTC/USD presents a compelling short opportunity as it tests an intraday market structure level. Intaday targets are set below the recent lows however HTF targets are near 50,000!
There is no doubt that Bitcoin is in a downward trending channel. As you can see in this analysis, Bitcoin has been in a bearish sequence since the highest point (#1), bouncing within the channel until it was rejected at point #5, which did not break through our green confirmation zone and instead dropped to the purple inefficiency zone. If you look closely, the...
Hi everybody, bulls are on BTC market. We have more then 1K contracts for purchase. Strong support level at 57900 and probably short term bulls target - 61000. So going upper in near time.
Look at that August Monthly hammer candle after the Yen carry trade wobble. The Global Dow jones index is at an all time new high This rise is BASED on a wall of #FIAT capital that has been clicked and borrowed into existence. And speculation of an AI revolution But Money creation is not wealth creation. An general AI will be deflationary, as more decisions...
This chart draws a parallel between Bitcoin's price action in 2020 (left) and the current trajectory in 2024 (right). On the left, we observe the pivotal lows formed around the $6,000 - $7,000 range in 2020, which set the stage for the subsequent bull market. A similar pattern is emerging in 2024, with the price consolidating and finding support around the...
Hello traders, I want to share an update on Bitcoin with you. Looking at the chart, we can see how the price some time ago fell to the support line, breaking the support level, which coincided with the buyer zone, but at once rebounded up to the resistance level. Then BTC some time traded near this level and later it made a correction movement to the support line,...
The yield curve, which shows the difference between short-term and long-term interest rates on government bonds (US10Y-US02Y). In normal market conditions, this number should be positive because the interest that investors require on 10Y bonds is higher than the interest required on 2Y bonds. Interest is a value of risk perception. Higher risk of default means...
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some time ago declined to the resistance level, which coincided with the seller zone. After this price started to grow and soon rose from the seller zone to 70100 points, but at once turned around and started to decline inside the pennant. Inside the...
"Bitcoin is currently in a strong uptrend, consolidating within a descending broadening wedge. This pattern is consistent with BTC's historical behavior, where the cryptocurrency often consolidates after a strong rally. As seen in previous instances, a successful breakout from this consolidation phase typically leads to a robust bullish wave. Based on this chart...
BTC has broken the daily trend line ,if the candle close below of that in next half hour , and that line cann`t resist the Como Cloud probably stophunt the buy order in 57650and go down to 55K range .
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. BTC is in the daily down channel as mentioned last week. My thoughts was that it could be testing its channel high. But monday's move didnt show any signal for me to go on long. And after, the rest of the down move is history. Looking at the PA now..it seems that if...
Overview: The Personal Consumption Expenditures (PCE) Price Index for July, also known as the inflation rate, was reported at 2.5%. This matches the rate from June and is consistent with the readings from January and February of this year. The PCE is similar to the Consumer Price Index (CPI), but the Federal Reserve prefers the PCE because it accounts for changes...
i think there is a bearish rising wedge pattern with maximum 250K target before massive crash.
Bitcoin is currently trading in the support zone around the $58,000 range. This support level has been tested multiple times and has held strong each time. For the bullish trend to continue, we need to see a clear reversal from this $58,000 zone. However, a breakdown from this support could push the price further down to the $54,000 range. At this moment, it’s...
DISCLAIMER: This is not trade advice. This for educational purposes only to show how I am looking to participate in these markets. Trading involves significant risk, do your own homework and due diligence. Ducks in a Barrel Weekly-Daily Strategy LONGS: BTC, SOL, TON SHORT: PA LONGS: The crypto market is overall in a strong up trend based on weekly MA's...
Keeping it very simple, sometimes less is more. Bitcoin has a clearly valid descending resistance that price is hugging on the monthly. Once it is broken, we will continue this bull market (yes, we are still in a bull market). Vatsik
🔍 BTC/USDT Analysis: 1-Hour Timeframe 📉 The BTC/USDT chart on a 1-hour timeframe highlights significant upcoming times where price movements may present trading opportunities. It’s essential to analyze these signals in conjunction with higher timeframes for a comprehensive market view. • BUY DATE: August 31, 2024, 8:00 PM - Green Line: This time indicates a...