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$BTC Analysis...Will The bull get out alive before the 1W Close September 11, 2021 -------------------- Mid-Term: Bullish Short-Term: Bullish -------------------- Price action has just turned around short term, as new buyers have unexpectedly entered the market slightly pushing price up to above $45,000 (an intra-day safe zone). Even though volatility could f*ck things up for the bulls in the next couple of days, bulls have a slightly higher chance of getting out alive then bears before the weekly close. Bullish divergences are getting more and more noticeable on the 4H chart, meaning we could potentially get one last lower low below $44,000 before a much stronger push up and potential break above $48,000. Up Probability: 57% - Down: 43%
by TopGBanks
$BTC Premium Analysis September 9, 2021After reaching yesterday’s higher low at around $45,600 it went for a quick short-term run-up to our current $47,400 high. Since we're currently ranging above $46,550 for now, which holds as one of our strongest short/mid-term support levels, we could see a stronger push above in the next couple of hours before our daily close. With a break and close above $47,400 on the 4H for BTC, we would be pretty much out of short-term danger and buyers would gradually enter the market again, potentially pushing prices even higher. With a break and close below $44,500 however, we would be confirming a bearish continuation that could reach as low as $40,000 - $42,000. Up Probability: 58% - Down: 42%
BINANCE:BTCUSD.P
by TopGBanks
1
Worst Scenario...Can we see New All time High…?#BTC currently trading at $46700 Yesterday Very bad dumped. No one predicted this bad dumped. This was pure manipulation guys. Now..? Bitcoin is trading above strong support level at $44800 So we can expect upward move from here. But In case not hold this support then we can see $38623 Last support for bull lovers. And If bounce then My Target will be $53000 Can we see New All time High…? Yes of course but only when BTC breakout $54000 resistance with high Volume. After breakout My Target will be $100k Worst Scenario..? Also keep in mind bear Zone also. If break down $38600 then We will enter in Bear zone.
BINANCE:BTCUSD.P
by TopGBanks
The RSI and 50 EMA support a bullish bias in BitcoinOn Monday, the leading cryptocurrency BTC/USD is trading with a bullish bias at 51,642 level, gaining an immediate support at 51,300 level. On the downside, the pair is facing another support at the 49,790 level. However, the 49,790 support level breakout exposes the BTC/USD pair to 48,579 and 47,062.4 support zones. Conversely, the breakout of the 51,850 resistance level exposes the Bitcoin towards the 52,513 and 54,025 levels. The RSI and 50 EMA support a bullish bias in Bitcoin. Thus, the focus should remain on 51360.00 - 51,850. All the best!
by TopGBanks
2