Bitcoin Analysis and Possible MovesBitcoin showing more sign of weakness everytime it tried to go higher. Will we see a decent drop today ? or it wants to go and make a new high ?
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Btcanalysis
🅱️ Back to bottom!!It seems to me that Bitcoin wants to retest the bottom of the channel. Although we are in a rising channel and the trend is ascending, I want to take a short position here because the risk-reward is not bad. After that, at 27,000 or slightly higher, if I see confirmation, I will open a long position up to the top of the rising channel.
$BTC Daily UpdateCRYPTOCAP:BTC #BTC broke $28,298 support, currently testing to hold. $27,994 support in effect, 4H RSI looking good, Previous daily close failed to follow bullish close from Tuesday, last daily closed bearish. Current support range $27,478-$27,994. Must hold $27,994 to reattempt $28,781
BTC day trade ideaBTC day trading idea. Note: longs and shorts are valid for liquidity grabs - instant strong price action move, but not if price confirms break of lines.
Bitcoin Chances of Sell-Off is Increasing!Bitcoin tried a pump to 29K (golden pocket) and slowly retracing it.failing to hold 28.2 could result in a drop.
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$BTC Daily UpdateCRYPTOCAP:BTC #BTC Bearish engulfing played out dropping towards $26,650 support which held as expected being a key support, $28,781 resistance testing as of now, RSI on 4h oversold, bullish engulfing coming up on 1D with RSI approaching oversold region, next key resistance $29,742, Current support $28,298, gaining $29,742 will help test $30,623.
BTC - BITCOIN LEGACY - the big dogBTC - BITCOIN LEGACY - the big dog
took a look at this beast on the monthly; going to keep an eye on this one as we go forward as a zoom out reference.
its all there on the chart, two obvious comparison periods. now check the momentum levels. tbf we have macro disasters left right and center, so these levels make sense.
maybe a good long term map here;
im thinkin if it continues to break down here it'll prob go lower than people think.. if it holds this price level approx then keep accumulating those hot alts from the bull, they'll prob bounce harder.
gl
BTC Fake Pump Into Complete CollapseBitcoin Pumped to 30K yesterday.we expected it but not like this.it grabbed all the liquidity to the topside and could collapse from here.Targets and S/R explained.Lower Time Frame shows weakness
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Will The Dump Stops Today Or 25.5 Today ?Bitcoin been dumping and the liquidity to the upside decreased too.Will it stop the dump and perform a pull back or it continues the dump towards 25.5K or lower
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BTC WEEKLY ANALYSIS 11/10Analysis:
Looking at the weekly chart, I would say it's too early to find an entry whilst price is still consolidating. Once we can see price breaking out of zone we can look for a retest confirmation.
To consider:
Overall history is very bullish.
Currently in bear market.
Crypto regulation nearing.
SMA crossing but no clear indication.
Bitcoin Possible Short Squeez IncomingBitcoin grabbed a big liquidity to the downside and now the liquidity at 28K is more than 1 Billion. will btc comes back to retake 28K ? Watch this to find out
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Bitcoin Consolidation Could Endup 26.2KBitcoin been consolidating and while there is liquidity to the upside we could see another leg down today.
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$BTC Daily UpdateCRYPTOCAP:BTC #BTC stuck to $27,994 test, RSI on 4h looks good, weak volume, previous 4h closed good, 1D close looks good too. Spent weekend testing $27,994😂😂, Requires $28,298 support to avoid fakeout, current support $27,478. Watch given S/R
Bitcoin Weekly Review And Scenarios!BTC Did what we expected on out last week preview. can it follow the target to 29.7 for another weekly high clear out ?
Extreme To Upside : 29.7K
Extreme To Lowside : 23.8K
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BTC WHALE chasingDear All my wolfy friends
What do we have here ?
first of all BTC is moving to reach higher prices without making noise so be aware u are losing whales movement because they are so heavy and they cant move fast. so how can we understand what the hell they doing ? answer is simple just chase the price.
for now we are in small correction so Im going to buy at good prices.
follow me I`ll update this.
$BTC Daily UpdateCRYPTOCAP:BTC #BTC Good swing following up to bullish engulfing on 4H from yesterday, put a wick at $28,298, $27,994 holding strong yet. Last daily closed with bullish engulfing, Needs volume on current 1D to follow thru, current support at $27,478. Resistance ranging $27,994-$28,298.
🟢BTC - Falling Wedge in Rising Channel"As you can see, Bitcoin is in a rising channel on the 4-hour timeframe, and now we can observe a Falling Wedge pattern. As you know, the Falling Wedge pattern is one of the bullish classic patterns that can push the price higher towards the top of the channel. However, don't forget that eventually, the rising pattern must break from the bottom of the channel, and the falling channel must break from the top. So, please pay attention to risk management.
Bitcoin Crawling To Upside For Another Leg UpBTC yesterday had a sudden dump which is now getting slowly retraced.since we touched 28.1 lots of orders moved to 28.5 now, taking that level could result in a new legup.A New method to look at market too
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Bitcoin Wants To Retake 28.1K For Higher Price!BTC cleared 27.8 yesterday and now consolidating for a bigger move which in my opinion is to the upside. could perform a liquidity grab to the downside as well.
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$BTC Daily UpdateCRYPTOCAP:BTC #BTC and we have regained $27,478 support following up to 4H bullish hammer yesterday😎, Previous 1d closed with bullish engulfing, follow thru will bring $27,994 test. RSI looking good on 4H and 1D. Continue watching given S/R
Bitcoin Big Liquidity Till 28.1KBitcoin is crawling back up to 28.1K.can it make it there to take the big liquidity or it will get rejected and collapse to 25.9K at least
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$BTC Daily UpdateCRYPTOCAP:BTC #BTC dropped below $27,478 support, Previous 4h close looks good, RSI on 4h also good, 1D closed testing for support, Current range $26,963-$27,478, 4H closed good with bullish hammer just now, possibility to regain support of $27,478. Watch given S/R
Don't Buy BTC now Until the Correction is CompletedTechnical Analysis:
- BTC is still doing a correction in wave ((2)) in black
- H1 & H4 right side is turning down
Technical Information:
- Wait for the correction in order to buy in wave ((2)) when it's done
