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Bitcoin: has the pullback finished?Today's focus: BTCUSD Pattern – failed high? Support – 63,140 Resistance – 68,290 Hi, traders; thanks for tuning in for today's update. Today, we are looking at the BTCUSD daily. After yesterday's fightback rally, we have run over a few ideas around BTCUSD. Will we see the current selloff continue despite a firm move from buyers yesterday? Will we see buyers shake off a push by sellers and follow up on yesterday's buying with further gains? Good trading.
EIGHTCAP:BTCUSD
by Eightcap
You Must See This - Analysis VETHi all, I would like to provide an analysis of BINANCE:VETUSDT We are currently trading above a strong support zone in the range of 0.037 to 0.039 . Moreover, we have established an uptrend starting around 0.015 . Our initial goal is to remove liquidity from (x) and then test the resistance zone located between 0.060 and 0.068 . You need to carefully monitor the stability of the support zone during retesting. I'm inclined towards an upward price movement for the asset.
Long
by truepersonal
#BITCOIN would face important resistance in this regionAs you can see in the chart, we have four bullish trendlines that have contained almost all the price action since the beginning of 2013. During this time, the price has never gone above the upper line or below the lowest line. Every time it reaches the middle lines , on the other hand, the price encounters a resistant or supportive force, causing a pause in price movement or a reversal. This time, too, we could see a reaction from this zone, but we should wait and see if it's going to break above the line or reject from it. If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
BITSTAMP:BTCUSD
by mohemati
1
BTC Rally Continues? ☀️ Week Ahead? The upward trend of cryptocurrencies continued, with Bitcoin reaching yet another all time high this morning at $73,777. The world’s largest cryptocurrency has rallied 74 percent since the beginning of the year compared to the S&P 500’s and Nasdaq’s 9 percent and the Nikkei’s 28 percent. Bitcoin will continue to profit from a bullish sun in the next 24 hours and week, indicating further upside potential, ATTMO shows. “As #Bitcoin now closes in on its final 5 weeks before the highly anticipated #halving, its price action and continued #AllTimeHigh levels are major topics. #Blackrock and #AI assets are also gaining crowd interest & having an impact on #cryptocurrency,” the crypto analytics firm Santiment said. “This Bitcoin bull market is not over,” said Head of Research at 10x Research, Markus Thielen, adding Bitcoin has the potential to climb to $146,000 by this summer. The digital asset research consultancy, however, sticks to a $125,000 price target. The price of Bitcoin rose 0.5 percent to $73,326 over the past 24 hours. Some believe that the current rally is driven by a wider adoption of crypto assets following the approval of spot Bitcoin exchange traded funds (ETFs) in the US. The approval has been seen as an endorsement of digital assets by the regulator. “All of a sudden, the US has broadly embraced Bitcoin… Americans like Bitcoin and digital assets. This will be an issue for the Democrats . Baby Boomers are putting in small amounts in ,” Mike Novogratz, the CEO of the crypto Investment firm Galaxy Investment Partners told CNBC. Follow us for more crypto news and weather reports!
BITSTAMP:BTCUSDLong
by ATTMO
$BTC to $230k USDBITSTAMP:BTCUSD to $230k this Bull Market... I will keep this Idea posting short and to the point. My prediction for this bull market of 2024-2025 is to see CRYPTOCAP:BTC reach an " all time high " of $229,563. Now that Bitcoin is trading above the previous ATH (all time high) of ~ $69,000, depending on your exchange data, the question becomes "where will Bitcoin trade to?" Seeing as Bitcoin is back to No Mans Land , we can only assume what price levels it will reach for. Although Whole Numbers in PA (Price Action) are relevant and will play a role in price, its only part of the story. The logic behind this prediction will be shared at a later time in this post. $230k 2024-2025 Bull Run Price Target $230k (rounded up) is the "top out" for this bull market. However this post is also to help you, the reader have an Exit Plan . I would strongly recommend at $202,803.00 ($202k rounded down) you start taking profit on CRYPTOCAP:BTC if you have not already by that time. As we approach these price targets I will update this post accordingly. Until then, Good Luck & Good Trading.
BITSTAMP:BTCUSDLong
by WolfAdams
ETH - Up or Down Post Dencun Upgrade?The highly awaited implementation of Ethereum’s Dencun upgrade just happened. It will not only drastically cut the Ethereum blockchain’s transaction costs (gas fees), but also optimize data storage. Read more about the upgrade’s positive implications for users, developers and the Ethereum ecosystem as a whole here. The price of Ether rose 0.8 percent to $4,058 over the past 24 hours. The bullish sun continues to shine over large parts of the global crypto market, including Bitcoin and Ether, in the next 24 hours and week. This signals further upside potential, according to ATTMO. Avalanche bucks this positive trend and will face bearish clouds or downside risks in the 24 hours ahead. Follow us for more crypto news and weather reports!
BITSTAMP:ETHUSDLong
by ATTMO
3
BTC 🌞 Upside, Timeframes Prove That the Bullish Run Continues! The crypto rally witnessed since mid-January continues unabated. The price of Bitcoin reached another all-time high at $72,800 on Tuesday, and is now up 70 percent since the beginning of the year. Parts of this massive rise has been driven by record inflows into digital asset funds such as the nine spot Bitcoin exchange traded funds (ETFs) approved by the Securities and Exchange Commission (SEC) two months ago. “BTC ETF volumes have been soaring, we’re due for a halving and the broader crypto market is following BTC's lead (as has historically been the case),” the CEO of Ripple Labs, Brad Garlinghouse, said. Ripple is the issuer of the cryptocurrency XRP, which saw its price rise 15 percent to $0.698 over the past 24 hours. Last week, weekly inflows into digital asset investment products reached a whopping $2.7 billion. This brings the total inflow since the beginning of the year to $10.3 billion, just below the record $10.6 billion inflows for the whole of 2021, CoinShares reports. A bullish sun will shine over both Bitcoin and Ether in the next 24 hours and week, indicating further upside potential, ATTMO forecasts. Follow us for more crypto news and weather reports!
BITSTAMP:BTCUSDLong
by ATTMO
XRP: Buyers are back at key resistance Today's focus: XRP Pattern – Resistance Test Support – .5778 Resistance – .7265, .8200 Hi, traders; thanks for tuning in for today's update. Today, we are looking at XRP daily. So far today, we are seeing weaker prices after XRP surged back above 70 cents. Buyers once again look to be stalling at key resistance, which has been in place since July 2023. Will broader market momentum contnue to push prices higher and break resistance, or could we see a new test lower while resistance remains in play? Good trading.
EIGHTCAP:XRPUSD
by Eightcap