The REAL bull run is almost upon us! And as you can see BTC's forming a cup & handle pattern with a projected price of around the $124k mark. Add in a FOMO blow off top & your looking at the $150k mark. My belief is she'll all be done and dusted by Sep next year as long as there's no big economic downturn between now and then. Chur
Analysis: - Support & Resistance - Trend Line Analysis - Liquidity Points T1: Target 1 T2: Target 2 Opinion: I was going to wait to post until the new year but price has enticed me to make my view known! I believe December is going to end as a red month and the beginning of 2024 is going to be rough... We may or may not get a retest to previous swing high...
Based on previous analysis and erroneous news that a Bitcoin futures fund was approved, the price was able to climb to the $30,000 range and then corrected. Currently, the price between 28,000 and 29,000 dollars is forming liquidity. The range that is the trend for 50 days is trying to break this level and can be considered as a sign of changing the structure of...
While most traders and investors of the digital currency market decided to sell due to the possible decline in the future, there are signs of the end of the decline, which may change the structure of the market from bearish to bullish, and most likely after the speech. Pavel or sooner to see growth. While on September 2, the news of the approval of ETF funds by...
The Bitcoin index is setting up for another bullish run. We are looking at BTC making a support at price ranges 26622.06 - 24583.32 before beginning an upward trend. Prepare to take your positions at price action. Monitor for updates...
On weekly chart, BTC trying to break out the falling wedge pattern. BTC need to close above 200 EMA & 25k resistance level to confirm the breakout. Otherwise, we could see sideways movement between 25k to 18k area.
INDEX:BTCUSD very likely that the recession is having an effect on bitcoin, but when the interest rates come down, bitcoin will probably move up.
We may be seeing $22000 soon as the double bottom pattern is busy playing out. Short term risk of falling down to $20200 first
BINANCE:BTCUSDT This is my idea about BTC - 4h we have a support zone at this point (22300) and it can be a reversal point to be bullish. This is just my idea not financial advice
MACD shows a positive momentum for BTC on the 4H and Daily Timeframe as well. We are expecting some days of consolidation, and a retest of the Support at 31k before the price moves above our triangle top resistance line to 34k After we will move our SL to Entry or above to maintain profits and look for next resistance at 40k.
Past Performance of ETHBTC BTC bulls have the upper hand over ETH prices as per the ETHBTC daily chart. BTC is trading at the highest point versus ETH in 2022 at spot rates following the close below 0.065 BTC on May 26. At this pace, BTC bulls are in control, and every attempt to retest 0.065 BTC may offer entries for Bitcoin bulls to double down. #ETHBTC...
TP1 Hit on Sell, Matching with higher timeframe move of tap of 61.8 fib. Tp1: 80k Tp2: 108k (Christmas Time). Let me know thoughts. Need that close above 30k today for weekly.
As we know we are in huge downtrend. If Bitcoin close huge green candle above 52k we are going to see bullrun. Current situation is as we can see BTC forming up channel and in that channel we can see Falling Wedge which considered as reversal pattern. If we break this consolidation pattern we can go up to 45k. If we can't break 45k we can see huge red candles in...
BTC is now retesting the 1h support zone about 41.4k after today's uptrend the price printed a little RSI bearish divergence but in my opinion priority is still bullish (hopefully) i'm looking for a bounce here targeting around 43k: I'm not entering, as Im only trading breakouts, but this could be good news for the altcoins out there! we're also currently smacking...
The recent pump of BTC from 37k to 44.2K is a clear sign of an impulsive wave, however, the internal counts of the said pump are not yet completed. I am projecting a 5th wave extension of the third wave 44.8K-46K zone which will also challenge the 45.8K horizontal support. When these zones are reached I am expecting a retracement of the completed 5th wave...
I have noticed that bitcoin has a pattern that indicates when the price will go up. That pattern has been displayed 4 times and its currently happening. This pattern indicates an upward movement. I believe it will break the ATH and hit anywhere from 70k to 73k. Remember to DYOR before buying or trading. And note this prediction may not be 100% accurate. If...
based on ewt and fib levels for the deca cycle of bitcoin with its corrective abc pattern with past wave structure
CHART OVERVIEW *BTC/USDT - DAILY CHART - BINANCE I've used a pitchfan to mark out support and resistance lines; as well as cyclic lines to mark out the different stages in what you could call an institutional accumulation or a Wyckoff Accumulation. I'll detail here what I expect in each stage. Of course I could be way off target so please do your own...