BINANCE:BTCUSD should head up towards the 64K area which will act as our sellside liquidity, and from there we should be moving towards $54-57k range for a good support.
Bitcoin bull run appears to be in play and is likely to start in September and be an up month vs everyones prediction of a down month..
It is observed that price is traded within a band (blue channel) forming a pattern known as the bullish flag which is highlighted (green) pole and a trading channel (blue). This present a massive opportunity as this chart structure indicates a prospective price rise of about 70%. This also aligns with the other fundamentals like the US elections in November as...
Bitcoin is following a downtrend, as we all know. Making money in opposite direction than the market trend is sometimes difficult, but, as market is now making higher highs, I have a sell trade for you guys from here, a buy from a good zone, and after that, potential sells as the market will continue to drop. So, I have mentioned 4 trades for you to follow at...
The Crypto's were so beaten down on Friday from all the selling that they started rallying through Friday night & Saturday. BTC USD on the 5, 15 & 30 m is near the neck of a pretty big Head 'n' Shoulders Pattern.
This count is based on my assumptions so anything can happen not a trading or financial advice.
BINANCE:BTCUSDT COINBASE:BTCUSD SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage 👾The setup is active but expect the uncertain phase as well. ➡️Entry Area: Yellow zone ⚡️TP: 59600 60330 61150 61800 62600 🔴SL: 55925 🧐The Alternate scenario: If the price stabilizes below the trigger zone, the setup will be cancelled.
Needs daily close above 62.5K then first fib extension target is 82K area. BTC has completed bear correction on daily renko thus BTC will likely not go under 55K until it makes a new ATH. BTC though likely stays in this regression channel for a few years to complete this wave 3 up. I believe that this next leg goes at least to 82k next fib extension to complete...
Should end corrective wave in august early sept and then start next wave up.
Daily renko corrective wave will end around 54k but could go as low as 50k. then will start bull leg up to 89-93k zone for another pullback.
Btcusd Update Btcusd made Bullish Pennant Chart Pattern and made Bullish Engulfing candlestick patterns in daily and weekly timeframe now BTCUSD next move possible to buy Target 69k$
Btcusd Update Btcusd made Bullish Pennant Chart Pattern and made Bullish Engulfing candlestick patterns in daily and weekly timeframe now BTCUSD next move possible to buy Target 69k$
Hello Traders, I'm excited to share a unique analysis of Bitcoin, the leading force in the crypto market. This analysis delves into the long-term trends on a weekly chart, viewed on a logarithmic scale. When I began studying the curvature of Bitcoin's price movement, I observed what appears to be a quarter-circle or elliptical pattern forming over the years....
Yello, Paradisers! Are we on the verge of a significant move in #Bitcoin, or will we continue to range within these tight boundaries? Here’s what we’re seeing in the charts right now: 💎#BTC has been stuck in a narrow intraday range. We're holding at the macro range low, but as long as BTCUSDT remains above $58,000 on a closing basis, we’re still in a relatively...
The financialization of Bitcoin hashrate is rapidly emerging as a unique investment opportunity. Bitcoin's economic structure, especially the halving events every four years, pressures miners to optimize costs, driving them towards two primary energy strategies: grid-tied and co-location with power generators. Grid-tied miners benefit from economies of scale and...
GLOBAL MONEY SUPPLY vs CRYPTO Relation Global Money Supply Breaking Upwards has historically led to All of Crypto Breaking Upwards CRYPTOCAP:BTC CRYPTOCAP:SOL CRYPTOCAP:ETH etc Right now, Global Money Supply (Global M2) is breaking upwards to new all-time highs. Publishing to follow, as I am relatively 'newer' at using macro tools such as Global Money...
BTC is trading in channel from couple of months that is forcing BTC to trade between consolidation phase between a ranging channel that is acting as support and resistance. Further price movement is forming bullish flag pattern and also cup and handle price formation on longer term charts that suggest channel support is likely to act as support and bounce towards...
Over the past few years, BTC has shows affinity for Decembers. If you've been following for a while, you'll know I've been on about this "multi-month" cycle that eventually leads to another BTC ATH before the bearish cycle starts. And it's been exactly that - a mulltimoth period of sideways trading and corrections. However, considering how BTC usually increases...