(REPOST with better chart) We know a bull run is coming, with ETF approval and institutional money adding to volume early next year. But how high could BTC go? Here's an educated guess: We just closed 8 weekly green candles on Bitcoin. You can't see the last time this happened in many TradingView exchange charts, because it was back in 2017, and most of today's...
It has been said that between January 5 and 10, the probability of the funds being approved is very high. On the other hand, Microstrategy bought 600 million dollars of bitcoin again. As you are aware, a Utah state court judge has threatened to sanction the US Securities and Exchange Commission for stonewalling the currency industry. Robert Kiyosaki has encouraged...
Bitcoin is about to complete an accumulation pattern on the 1-day timeframe, with 2 days left until the monthly candlestick closes. Also, this analysis was done after the closing of the weekly candle above the price of $34,500, which shows that Bitcoin has shown a good growth in the last month, which can be a sign of preparation for growth at the beginning of...
We know a bull run is coming, with ETF approval and institutional money adding to volume early next year. But how high could BTC go? Here's an educated guess: We just closed 8 weekly green candles on Bitcoin. You can't see the last time this happened in many TradingView exchange charts, because it was back in 2017, and most of today's exchanges weren't even...
The market is forming a regrouping pattern after the previous bullish pump, and as the halving is approaching and the news of the approval of trading funds, it is expected that the trend will rise above the $40,000 area and finally to $43,500 before these events. so that when it reaches its real market value, it will gain enough power for rough and higher growths.
Following the previous analysis regarding Bitcoin digital currency and the current countdown for its fall to lower limits, it seems that after the US Securities and Exchange Commission approves Gary Scale's application for ETF funds, we can witness the stabilization of the price of Bitcoin in Be above the $25,000 level and be above this range at the same time as...
Past Performance of ETHBTC BTC is ahead of ETH, looking at the arrangement in the daily chart. The recovery is albeit a solid performance of ETH in the past few days. Overall, from a top-down preview, Ethereum buyers remain in charge. This is further supported by the fact that the BTC lead has been at the back of decreasing volumes in the past few trading days....
Past Performance of ETHBTC Bitcoin bulls are in the driving seat, adding 12% versus ETH, looking at the candlestick arrangement in the daily chart. Notably, the coin is within a breakout formation, forcing ETH back below October 2022 lows. As it is, BTC bulls can continue looking for entries on every attempt higher towards resistance at 0.066 BTC, targeting 0.058...
Past Performance of ETHBTC ETH buyers have the upper hand, per the price action in the daily chart. After gains of mid this week, bulls failed to push higher on March 2. Nonetheless, as long as the immediate support holds, buyers can extend recent gains, reversing losses posted in January. #ETHBTC Technical Analysis Technically, buyers are in control, at least...
Past Performance of ETHBTC The uptrend remains valid, but ETH buyers have been flowing back. In a retest of the previous support line, buyers found resistance at 0.072BTC. There is a double bar formation signaling weakness. For ETH buyers to take over, there must be strong reversals of yesterday's losses with rising volumes. In that case, ETH will snap back to...
What are the possibilities for the future of Bitcoin? There's mixed perspective with the retail and institutional world of investors but to base things solely on my opinion of its all-time wavemapping, I think Bitcoin could see upwards of $3M-$4M per coin by the early 2030s. I too anticipate a number of heavy, undeniably deep corrections to come during that...
Past Performance of ETHBTC Bitcoin bulls have the upper hand versus ETH, per the candlestick arrangement in the daily chart. BTC has gained roughly 21 percent against ETH from early September 2022. However, at the moment, prices are consolidating with clear limits at 0.068 BTC and 0.066 BTC. A high-volume break above the middle BB may see ETH buyers take charge...
Past Performance of #ETHBTC Ethereum is outperforming Bitcoin at spot rates even with the dump on August 14. Thus far, ETH is up a massive 58 percent versus the digital gold, with more headroom, reading from the formation in the daily chart. In the days ahead, traders should watch out for how prices react at last week's highs at 0.079 BTC, gauging how the...
Past Performance of ETHBTC The ETHBTC price is back in the early May 2022 trade range as per the formation in the daily chart. At spot rates, prices are at new weekly highs. Notably, ETH bulls are building on July 27 gains as an impetus to chart higher. With Ethereum bulls stretching BTC and recouping losses posted in the late Q2 2022, the path of least...
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...
BTC finally testing the 200 SMA and is showing strong signs of bullish momentum as we see the BTC Bulls coming back into the market 🚀. After 4 failed attempts of trying to break above the key resistance @ $38,595 BTC has finally broken above this key price level. Since the crash BTC found its Bottom tanking down -51% on the 19th May to $28,787 from $57,777 and had...
On the BTC 4hr charts, it appears we have matured into a descending wedge with at least a rising wedge and a symmetrical triangle contained with. The 4hr time frame seems to be on track to extend the bullish hidden divergence further too. With the Fib Retracements from the swing low of the last consolidation bottom and the all-time high, ironically, $42k is not...
I think that BTCUSD has an excellent chance to continue up from the 18360.0 zone. There are lots of solid indications, here are the ones I see right now on the 1H chart. Support level and solid rejection candles in this zone The last 1H candle, created a strong bullish pin bar RSI is below 30 The 61.8% fib retracement lines up with the supply/demand zone ...