BTC Entering possible reversal pointBitcoin just entered a possible reversal point where we could see a fast pullback. This is a strong support zone, and on H4 you can clearly see an unbalanced zone, a classic FVG. Usually I like to see the fair value gap to get closed before entering a trade, so the best entry point for a long in my opinion is the low of the black box I drawed. I'll keep you updated, in any case I think this is not a good moment to short
BTCUSDC
#BTC/USDT#BTC
Bitcoin price is moving in an upward trend over a 2-day frame
The highest price of Bitcoin reached $72,000 and the lowest price could reach $58,000.
The price moves between them, corresponding to the halving date set for 3 weeks from
It is expected that all models will be broken upward after the halving to see new levels of highs. Until that time,
you must maintain your stability in the market and look at the big picture with a modest initial target of $88,000.
#BTC/USDT#BTC
The price is moving in a cross channel on the 12-hour frame and sticking to it well
The price rebounded well from the lower channel limit at the green support level 60,000 to 62,000 $ .
We have a tendency to stabilize above the Moving Average 100
We are oversold on the RSI indicator and we have a downtrend that is expected to break higher to support the rise
The recovery is expected to begin gradually on the first of May, especially after the halving event
Entry price is 62,000
The first target is 67,800
Second target 73760
The third goal is 80,000
Fourth goal 85112
Bullish only above $60k BTCBTC i stuck in the resistance zone at $59.000/$60.000. In my previous idea, i marked this area as a key resistance zone and in fact, BTC is having some difficulties to break this level. If Bitcoin will fail to go over there, we can expect a drop in the coming days, as i was previously thinking. Otherwise, if Bitcoin will break above $60.000 we can expect a rapid pump that could lead the price at $62.000/64.000
2017 vs 2014 wonder what happens? I'm ruling 2021 out.
As we enter the final stages of the bull cycle.
Bitcoin has followed a mix of 2014 / 2017 pre and at halving.
2021 is not aggressive enough to hold the adoption LOG pattern so I will could it out following that path.
If we get mutual funds + retirement funds adopting Bitcoin a 2014 scenario is looking interesting. Potentially a double rally?
Until we pass the $100,000 mark and get a look at the speed of the rising price we won't know what path. Possibly a mix between 2017 and 2014.
2021 was a cycle effected both by fast rate cuts + pandemic funding + insane leverage.
We don't have leverage today like that + we could have the possible rate cuts + QE / YCC in full effect within months.
Especially after what has happen to the Japanese YEN.
Time to enter the final stage that will be followed by a very lengthy bear / slowed growth cycle.
#BTC/USDT Next support $52k!#Bitcoin is trading at a decisive point.
If this support level breaks, we could drop all the way down to $52k.
The trend has shifted bearish, but don't forget that Bitcoin is known for making deviations.
Historically, May tends to be a negative month for BTC in terms of returns, and we're already seeing the effects within the first two days. Let's see how this week unfolds.
Keep a close watch on the trendline support.
DYOR, NFA
Do hit the like button if you like these updates.
Thank you
#PEACE
BTC: in halving📊Analysis by AhmadArz:
Short position :
Wait for break 59.500
Wait for complete pollback
Maybe it will happen in the halving
✨52.000 & 44.000
Good zone for again investing
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BTC: bedt support📊Analysis by AhmadArz:
🔍Entry: 59570
🛑Stop Loss: 61192
🎯Take Profit: 58272 - 56468 - 54908 - 52987
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Bitcoin's Parabolic Surge: Sometimes It's Right In Front Of You.
Bitcoin news at the bottom's don't change.
Bitcoin news at the top's don't change.
Bitcoin news at the middle does not change.
2017 people started to make plans for the 2018 bull market.
2020 people started to make plans for the 2021 bull market.
2024 people have started to make plans for the 2025 bull market.
So we can learn from human psychology that majority act after the fact not before and not during. This is how I find near bottoms and near tops in all markets using News articles.
Right now I'm still firm on my Bitcoin projection that could top out past $1,000,000 in 2024.
Although wherever we end up by Jan 2025 will be the red zone to get defensive regardless of the price.
If history rhymes 2025-2028 will be a very boring sideways market for Bitcoin after a sharp correction.
Use this allocation time wisely as if its correct we have less than 300 days of the main action following 1,100 days of "regret"
#BTC/USDT Keep an eye on this level!#Bitcoin is eyeing the box, folks!
We've got MA support chilling around $59.8K—could be seeing a retest real soon.
Remember, if it dips below this MA on the daily, that's our cue to reconsider our plays. 👀
Remember, alts are just waiting on Bitcoin's next move. We might be in a snooze phase now, but that's exactly when the market likes to shake things up with some wild swings when you least expect it.
Stay alert! 🔥
#cryptocurrencies
Waiting for a reaction BTCActually i am waiting the price to enter the support area at $60.800/$60.000. There i will look for a trade, considering that we have seen strong rejection when price reached this level. I think we will have more chances to enter shorts, i will keep you updated as soon as i will see a clear direction.
BTCUSD LongThis crypto coin has been forming a falling flag for the past few weeks since it hit its ATH. Currently, the price has re-bounded from the lower support line, and I anticipate that the bullish trend might continue till it hits a very strong support zone at 70700.
My entry is at 65600, SL at 62800 ,and TP at 71000. My R : R for this trade is 1 : 2.
Kindly remember to risk 1 - 3% of your account
Bitcoin Rebound as War Fears Subside, Bullish Technicals EnsueBitcoin, the world's leading cryptocurrency, has embarked on a significant rally in recent weeks, defying predictions of a prolonged slump triggered by the Russia-Ukraine conflict. As war fears recede, investors appear to be regaining confidence in the digital asset, propelling its price upwards.
Several factors are contributing to Bitcoin's resurgence:
• Waning War Threat: The initial market panic triggered by the outbreak of the war has subsided somewhat. While the conflict remains a concern, hopes for a potential diplomatic resolution have bolstered investor sentiment. This has led to a broader risk-on environment, benefiting Bitcoin alongside other asset classes.
• Technical Breakout: From a technical analysis perspective, Bitcoin appears to be breaking out of a bullish continuation pattern known as a bull flag. This pattern typically indicates a period of consolidation following a strong price increase, followed by another leg up. The recent price action suggests a potential breakout from this pattern, which could fuel further gains.
• New Support Level: The recent price dip found support around $66,000, establishing a potentially new floor for Bitcoin. This level of support indicates increased buying pressure at that price point, which could prevent further significant declines.
• Limited Downside Risk: Analysts point out that compared to its all-time high of over $69,000, Bitcoin's current price represents a relatively limited downside risk. This, coupled with the potential for further upside based on technical indicators, makes Bitcoin an attractive proposition for some investors.
Is the Rally Sustainable?
While the current momentum is positive, questions remain about the sustainability of Bitcoin's rally:
• Macroeconomic Uncertainty: The broader macroeconomic environment remains uncertain. Rising inflation and potential interest rate hikes by the US Federal Reserve could dampen investor enthusiasm for riskier assets like Bitcoin.
• Regulatory Scrutiny: Regulatory scrutiny surrounding cryptocurrencies continues to be a concern. Increased government oversight could potentially stifle innovation and adoption, impacting Bitcoin's long-term prospects.
• Volatility Remains: The cryptocurrency market is inherently volatile. Despite the recent rally, Bitcoin's price could experience significant fluctuations in the future. Investors should be prepared for this volatility and maintain a risk-tolerant investment strategy.
Looking Ahead
The future trajectory of Bitcoin remains to be seen. While the recent breakout from the bull flag pattern suggests potential for further gains, several factors could impact its price movement. Investors should closely monitor geopolitical developments, macroeconomic data releases, and regulatory pronouncements related to cryptocurrencies.
Despite the uncertainties, Bitcoin's recent rally demonstrates its potential as a volatile yet potentially high-reward asset class. As the cryptocurrency market matures and gains wider acceptance, Bitcoin's long-term prospects remain intriguing. However, careful consideration of the associated risks is essential before investing in this volatile digital asset.