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Rocketbombbitcoin

Daily Bitcoin and correction before halving💥Hello, dear friends!🫶 So, are You all excited about the swift rise of Bitcoin?🚀 It's cool, but regarding further movement, we need to: a) skip; b) trade carefully; c) just observe. (Let's emphasize the appropriate option 😄) But seriously, before the halving, we usually expect a correction, and right now the price is at a very strong resistance level! I don't rule out the possibility of false breakouts, but the market seems quite eager to shake us up 😁 Let's try to maintain composure! I suspect there will be plenty of opportunities soon, so let's not be greedy! On the chart, you can see that I'm expecting a "cold shower" in the coming month. 👍Also, tomorrow I'm resuming my workouts at the gym. This will be my fourth attempt since the beginning of the war 🤪 I hope it goes well! I'll need your support! Do You go to the gym? How do you relieve stress or tension?🧐Let's move forward together!💪 Always sincerely Yours, Kateryna💙💛
BINANCE:BTCUSD
by RocketBomb
6
Bitcoin $60 000 - $62 000 soon💥Hello friends!♥️ Yesterday Bitcoin sharply surged and Breakout an upward channel, that was formed since last July! This ascending channel is typically traded by breakout, which occurred! The price target for the breakout is measured by the width of the channel - I've indicated it with dashed arrows! But there's a catch! Yesterday, I posted a chart, IMHO, it's essential for you to read it and carefully consider it! On this chart, I've overlaid the same wedge in orange as in the previous post; I believe it holds significant importance for Bitcoin's future price action! The upper boundary of the wedge is resistance, which may not be immediately broken, and the price in that area may undergo a correction! It's crucial to monitor these levels! I anticipate a rise to levels around 60-62 thousand, and then we need to observe further! What do you say? What's your forecast? Share in the comments! Thank you for your attention! Always sincerely with You🫶 Your Kateryna💙💛
BITSTAMP:BTCUSDLong
by RocketBomb
4
Weekly BTC by RBHello, dear friends!🫶 Today my attention is focused on the weekly Bitcoin chart! Let's apply the MACD indicator (it works best on longer timeframes)!👍 If you don't know or have forgotten how it works, then let me briefly describe it to you!😉 🔴A sell signal is generated when the MACD line crosses below the signal line. 🟢A buy signal is triggered when the MACD line (blue line in the chart) crosses above the signal line (red line). I have marked with red 🔴 circles cases where the blue line was below the signal line, which served as a signal to sell. And with green 🟢 circles - the blue line crosses the red line - this is a signal to buy! The green and red arrows reflect signals to buy or sell, which were reflected by the indicator. Currently, the indicator is at a crossover, if this happens, it will be a signal to sell! I suggest keeping an eye on this indicator in the coming days!🧐 ⁉️What do you think? Will the lines cross? Or will they manage to align? If this post was clear and interesting, hit 🚀 , share with friends, I'll be very pleased! Stay tuned! Always happy to see You! Sincerely yours, Kateryna💙💛
BITSTAMP:BTCUSD
by RocketBomb
7
Psychological Levels 🧠A psychological level is a price level that traders feel to be significant, generally due to its round number or because it has previously acted as a support or resistance level. These levels are not based on any intrinsic fundamental worth, but rather on market participants' collective view and conduct. These levels, sometimes known as "invisible lines," frequently affect the activities of both individual and institutional traders, resulting in predictable patterns in price movements. Psychological levels are financial market price points that have substantial meaning for traders and investors, owing to their simplicity and ease of recall. These levels are typically round integers ending in "00" or halfway points such as "50". The exchange rate of "1.00" or "parity" is also important when dealing with currency pairs. Traders tend to base their decisions on these levels, which results in greater buying and selling pressure when prices approach or exceed them. A nice way to think about psychological levels is that as prices approach them, traders become psychotic. Why do psychological levels matter? Psychological levels are significant in technical analysis because they can impact trader behavior. The human brain is wired to seek simplicity and order. This propensity results in a predilection for round numbers and other easily identifiable patterns in trading. As more market participants pay attention to these levels, they can become self-fulfilling, with prices reacting predictably as they approach, hit, or break through psychological barriers. As the price approaches this level, some traders may place buy orders anticipating a bounce, while others may place sell orders anticipating a reversal. This increased activity may cause price volatility near the psychological level, providing you with trading chances. Here are some examples of psychological levels: These are the pricing ranges that have a round number at the conclusion, like 100 or 1.5. Because they reflect round numbers and are simple to recall, these levels are frequently considered to have psychological significance. Previous highs or lows: Traders may view a previous high or low price for an asset as a crucial support or resistance level and may anticipate that the price will retrace off that level in the future. These could be all-time highs (or lows), daily, weekly, yearly, or weekly highs. Moving averages: In technical analysis, moving averages are frequently employed to spot trends and probable points of support or resistance. If a moving average has historically served as support or resistance level, traders may view it as a psychological. How to Trade Psychological Levels 📌 Determine Key Levels: The first stage in incorporating psychological levels into your trading is to determine the key levels that are pertinent to the financial instrument (for example, the currency pair) you are trading. This can be achieved by looking at past price movement and identifying round numbers where the price has previously displayed notable reactions. Track price movement: As it gets closer to a psychological level, pay particular attention to how the price responds. A rise in price volatility may be a sign of greater market activity, so keep an eye out for it. 📌 Set Entry and Exit Points: After identifying a psychological level and observing price behavior around it, use this information to set entry and exit points for your trades. For example, if the price has bounced off a psychological support level, you might enter a long trade just above it with a stop loss set just below it. In essence, a psychological level in technical analysis is a price level that traders and investors believe to be significant, generally due to its round number or because it has previously performed as a support or resistance level. These levels gain significance merely because traders pay attention to them. Traders will frequently respond to and make trading decisions based on these levels, even if the figure has no logical significance. Traders frequently place orders around these levels. When a price approaches certain levels, it might set off a chain reaction of buy or sell orders, causing the price to stall or reverse. Breaking through a psychological level can indicate a further move in that direction since it indicates that traders' opinions or psychology about that stock or market are changing. Thanks for Your attention! Always yours Kateryna💙💛
BITSTAMP:BTCUSDEducation
by RocketBomb
1
𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗼𝗻 𝗵𝗼𝘂𝗿𝗹𝘆 𝗰𝗵𝗮𝗿𝘁 🧐 Greetings, traders! Let's dive into the hourly chart of Bitcoin to see what's been happening and what might lie ahead. 🚀 Before the recent attack on Israel, there was a notable price surge. In just a few hours, Bitcoin's value took a sharp dip, only to rebound swiftly, catching many traders off guard. 💥 Currently, we find ourselves in a phase of price decline. The unfolding political and military developments across the globe have the potential to impact Bitcoin's price behavior significantly. 🔍 Here's the scenario I'm observing: If the crucial support level at 26 isn't able to withstand the pressure and ends up being breached, there's a substantial likelihood of Bitcoin's price descending into the 'gray zone.' Stay tuned for more updates ♥️ And remember, in the world of cryptocurrency, preparedness and adaptability are your greatest allies. Let's keep a close eye on this hourly chart, and feel free to share your insights in the comments below! Always sincerely with You, Yours, Kateryna💙💛
KRAKEN:BTCUSD
by RocketBomb
2
What are your thoughts?🧐The world stands on the threshold of significant trials. In these challenging times, it's essential to reflect on the interconnectedness of global events, particularly in the context of the ongoing conflicts in Ukraine and Israel. The world, as we know it, is facing a profound test of our collective humanity and our commitment to peace and justice. The situations in Ukraine and Israel serve as stark reminders of the complex political landscape and the enduring struggle for stability. These conflicts have deep historical roots and have far-reaching consequences that extend beyond their borders. In times like these, it's vital to recognize the importance of diplomacy, dialogue, and a commitment to peaceful resolutions. The suffering endured by those affected by these conflicts is a stark reminder of the human cost of war, and it calls for empathy, compassion, and a united global effort to alleviate their hardships. While we may not hold all the answers, we can collectively advocate for peace, engage in dialogue, and support humanitarian initiatives that provide aid and relief to those in need. It's a time to reflect on the values that unite us as a global community and to work towards a more peaceful and just world. In the face of these trials, let us stand together in solidarity and hope for a future where conflicts are resolved through understanding and cooperation, rather than violence and division. The impact of this situation on the cryptocurrency market and Bitcoin in particular is a subject of considerable interest and speculation. The cryptocurrency market has shown a degree of sensitivity to global geopolitical events, and the ongoing conflicts in Ukraine and Israel are no exception. Here are a few potential ways in which these situations can influence the cryptocurrency market: Safe-Haven Asset: In times of global uncertainty, some investors view Bitcoin as a digital safe-haven asset, similar to gold. This perception can lead to increased demand for Bitcoin, potentially driving up its price. Risk Aversion: On the flip side, heightened geopolitical tensions can also result in risk aversion, leading some investors to move away from more volatile assets like cryptocurrencies in favor of traditional safe-haven assets. Market Volatility: Geopolitical events can introduce volatility into financial markets, including cryptocurrencies. Sudden shifts in sentiment can lead to rapid price fluctuations in both directions. Regulatory Changes: Governments may react to these events by introducing new regulations or taking a closer look at cryptocurrency activities. Such regulatory changes can impact the market. Global Economic Impact: Geopolitical tensions can have broader economic implications. Economic instability can, in turn, affect investor sentiment and their approach to cryptocurrencies. It's important to note that the cryptocurrency market is influenced by a myriad of factors, including supply and demand dynamics, market sentiment, and technological developments. Geopolitical events are just one piece of the puzzle. As with any investment, it's crucial for traders and investors to stay informed, practice risk management, and be prepared for various market scenarios, especially during times of heightened uncertainty. As investors and traders, it's essential to stay informed, assess the evolving landscape, and exercise prudent risk management strategies. The cryptocurrency market's response to global events remains a dynamic and multifaceted aspect of this ever-evolving space. Let's engage in a thoughtful discussion. What are your thoughts on how geopolitical events may affect the cryptocurrency market, especially Bitcoin? Share your insights in the comments below! 👇 Always Yours Kateryna💙💛
BINANCE:BTCUSD
by RocketBomb
11
𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐨𝐧 4 𝐇𝐨𝐮𝐫𝐥𝐲 𝐂𝐡𝐚𝐫𝐭💥Hello, dear friends! I really want to wish you all the best and brightest because the world is on the verge of a tremendous ordeal! At times, it feels like a dream, and we wish to wake up! I understand that this platform is not political, and we won't be discussing any political processes here. However, over the past two years, politics has touched each one of us! In these difficult days for the people of Israel, I want to express words of support and wish for a swift victory over terrorism! You are strong, Ukraine stands with you! Now, let me explain what I've drawn on my chart and how I see the current situation in Bitcoin's price movement. On my 4-hour chart, you can see an ascending channel that was formed in October 2022 and continued until August 2023! On August 18, the ascending channel was broken downward. This means we can conclude that the ascending trend was broken. And the price started forming a new pattern! At the moment, it resembles a rising wedge. If we follow the rules of this pattern, we might soon see Bitcoin at around 22,000! If this indeed happens, I believe the downward trend will continue, and we will closely monitor further developments together! If you appreciate my work, please give it a like, and feel free to share the chart with your friends! I would be very happy to engage in discussions and hear your feedback! Always sincerely with You, Yours, Kateryna💙💛
BINANCE:BTCUSD
by RocketBomb
40
𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐨𝐧 𝐇𝐨𝐮𝐫𝐥𝐲 𝐂𝐡𝐚𝐫𝐭 06.10.23 Hello, dear TradingView community! 🚀 Since the beginning of September, Bitcoin has been crafting an intriguing narrative. Within this month, it has formed an ascending channel, with prices oscillating between $25,000 and $28,500. But here's the kicker: there's a significant twist in this tale. The price is now drawing closer to a trendline that etched its presence last year. Currently, we find ourselves in the lower echelons of this channel. The outlook suggests a period of consolidation within this region, potentially steering us toward that long-term trendline. 🌐 But what's the takeaway for traders we can do? 🤔 The key lies in patience and observation. 🧐 To formulate a robust trading strategy, we advise waiting for more substantial price movements. A decisive breakout in either direction will be the clarion call you've been waiting for – a strong signal to make your move. 🚀 Remember to hit that "Like" button and subscribe for more insightful updates! Together, we can achieve more!💪 Until next time! 🚀 Your Kateryna🫶
BINANCE:BTCUSD
by RocketBomb
4
DCA when buying Bitcoin💥Welcome to my page, dear friends! 🚀 I'm delighted to have you here and are ready to share exciting and informative content. I hope you'll find a lot of valuable information and inspiration for your financial growth here. Buying Bitcoin at an averaged price, also known as "dollar-cost averaging" (DCA), is crucial for several reasons: 🔴 Risk Distribution: Purchasing at fixed intervals (e.g., weekly or monthly) allows you to distribute risks over time. This means you don't invest all your funds in one purchase at the current price, which can be risky. 🟠 Mitigating Volatility Impact: The cryptocurrency market is known for its high volatility. DCA helps mitigate the impact of short-term price fluctuations and avoids buying at the peak of price spikes. 🟡 Emotional Stability: Dollar-cost averaging helps you avoid emotional decisions while trading. You simply stick to your plan, buying regularly, regardless of market movements. 🟢 Long-Term Perspective: The DCA approach focuses on long-term investment. It helps create a cryptocurrency portfolio with an average asset cost, which can be particularly useful for long-term investors. 🔵 Temporal Reduction in Average Price: Purchasing during price dips reduces your average buying price, allowing you to benefit more when prices rise. 🟣 Easy Execution: DCA is a straightforward way to invest in cryptocurrencies without the need to constantly monitor the market and make complex decisions. 📌 It's essential to remember that DCA doesn't guarantee profits, and the cryptocurrency market remains risky. However, it's a strategy that can help you manage risks and build a long-term cryptocurrency portfolio. Feel free to ask questions, share your thoughts and experiences, and, of course, subscribe to stay updated on all my posts and analyses. Your support and participation mean a lot to me. Together, we can achieve more!💪 Until next time! 🚀 Your Kateryna🫶
BITSTAMP:BTCUSD
by RocketBomb
2
Bitcoin on 3h chart by RB Hello dear friends! I'm happy to greet you all!😊 Once again, I disappeared from TV for a few months!😔 Gathering my willpower, I am coming back, trying to stay connected, but my psyche, shattered by the war, adds its own adjustments, and I retreat into myself and disappear again! I get frustrated with myself, take a deep breath, learn to live with all of this, which is why I am trying to come back and continue seeking inspiration here, on TradingView! For me, this place has always been a refuge and a source of creative inspiration. I poured my soul into every post and found a response in your hearts! That's why I'm here again, sharing my thoughts with you! Let's take a look at the 3h Bitcoin chart - it provides a clearer view of the channel, that the price has been forming since the beginning of 2023 (quite a long period)! In my humble opinion, it's about time for the price to break out of it! Analyzing the situation, it seems to me, that the price movement indicates a downside breakout with a slight pullback to dynamic support (the lower channel line). So, in the near future, we might witness the price dropping to the level of 27,800 - 27,500, followed by a minor upward correction, and then a decline to around 26,200, with a subsequent price rise to 27,800, and further decline below 25,000. Whether my forecast comes true will be revealed over time! Meanwhile, I would be interested to know how you are doing? Any success in trading? Feel free to share your predictions! Waiting for your comments! Always sincerely yours, Kateryna♥️
BITSTAMP:BTCUSD
by RocketBomb
19
Bitcoin on 4h chartHello! Welcome to my page!🫶 Bitcoin is a word, that resonates throughout the cryptocurrency world and beyond. It brings with it magic and endless opportunities for traders and investors. Bitcoin is famous for its volatility, which opens up innovative possibilities for traders. In a single day, its value can rise or fall by thousands of dollars, creating ideal conditions for successful trades. If you're here, you're probably interested in Bitcoin analysis, so I'm happy to share my thoughts with you! On the chart, I've marked areas of interest in blue. Why? Because their movement indicates the beginning of accumulation (the lower circle) and the start of distribution (the upper circle)! The price formation is very similar, so by flipping part of the formed price in the accumulation zone, we can assume that the price will form identically (only in reverse) in the distribution zone. If the assumption is correct, we may see a price level of $28,000 - $28,500 in the near future! After that, I expect a price decrease, but it's essential to carefully analyze further price formation! Get ready for an exciting journey into the world of Bitcoin. This cryptocurrency is constantly changing, so study, analyze, and trade wisely. Risks and opportunities are open to you. May your trades always be profitable! 💰🚀 Don't forget always to be cautious and invest only what you can afford to lose. Bitcoin is intriguing and attractive, but the risks are significant too. Best of luck on your path to successful trading! 🌟 What do you think the price will do next? Share your thoughts! I'm looking forward to your comments! Sincerely, Your Kateryna
BITSTAMP:BTCUSD
by RocketBomb
16
Bitcoin in Diamond (Rhombus) Pattern Hello friends! ♥️ Today we'll talk about one of the rarest patterns! You probably already guessed what I mean😉 The Diamond pattern in trading is a reversal pattern, and it's relatively rare. Let's explore how to identify it on a chart and use it in trading. The Diamond pattern, also known as the Rhombus, is a technical analysis pattern consisting of two triangles. Its appearance on a chart indicates a potential reversal, especially if it's spotted at the top of an uptrend or at the end of a downtrend. Trading the Diamond Pattern: Identification of the Diamond Pattern: Firstly, you need to learn how to recognize the Diamond pattern on a chart. This involves identifying two triangles, one typically vertical (representing a volatility squeeze) and the other horizontal (indicating a period of consolidation). Determine the Trend Direction: Before making a trading decision, it's important to determine the current trend direction. If the Diamond pattern forms after a prolonged uptrend, it may signal a potential reversal to the downside, and vice versa. Wait for Confirmation: The Diamond pattern alone can be a false signal. Traders often wait for confirmation, which can come in the form of a breakout by price from one of the Diamond's sides. If the price closes above the top of the Diamond for an ascending Diamond or below the bottom for a descending Diamond, it may serve as a signal to enter a trade. Risk Management: Setting a stop-loss order is crucial to limit potential losses if the trade goes against you. Determine the size of your stop-loss and take-profit levels according to your risk management strategy. Manage the Position: Once you've entered a position, monitor its progress closely. Consider using a trailing stop to protect your profits and reduce risk. You may also contemplate partial position closure as prices move in your favor. Volume Analysis: Trading volume can be a valuable indicator when trading the Diamond pattern. High volume during the breakout can add confidence to the reversal signal. Conclusion: The Diamond pattern is just one tool in technical analysis, and its use requires an understanding of the market context and additional confirmation factors. Traders often combine various analysis methods to make more informed trading decisions. Remember that no technical pattern guarantees success in trading, and there's always a risk of capital loss. It's crucial to maintain discipline and manage risks when trading the Diamond pattern or any other patterns. Thanks for your attention, and happy trading!💥 Feel free to share Your thoughts on this topic with us Your Kateryna💙💛
BITSTAMP:BTCUSD
by RocketBomb
6
Bitcoin: Identifying Fractal FormationGreetings, dear friends, traders and enthusiasts! Today, let's dive into a chart analysis that uncovers a phenomenon – the formation of a fractal pattern. As we explore the intricacies of this market movement, we'll navigate through key trends and potential shifts that offer valuable insights for our trading journey. On the chart, we can observe the formation of a fractal pattern. The downtrend formation began within July, characterized by a prolonged sideways movement with periodic false upward breakouts, continuing until mid-August. Confirmation of the continuation of the descending trend was marked by a sharp price drop from 29 to 25 thousand. Currently, the price is following a very similar path (fractal) as before. We are now in a sideways phase, having already experienced one false breakout. Ahead of us lies a few days of sideways movement, with price oscillating within the range of 25,900 to 26,000. By the end of August or so, another false breakout might emerge. In the final days of summer, a price decrease can be anticipated, potentially even a significant one. I've attached my chart with a larger timeframe for a broader perspective👇 Thanks for Your attention.♥️ I hope this analysis was engaging and informative. Yours sincerely, Kateryna 🚀
BITSTAMP:BTCUSD
by RocketBomb
2
Bitcoin on 2h chart 17/08 by RBHello, friends! Today, I'm excited to provide an update on the 2-h chart of Bitcoin! In my previous analysis, I predicted a potential downward movement towards the 27,400 level, and the pricing appeared quite bearish. Subsequently, the price can experience a further decline, reaching 26,400. The next steps in price action allowing us to gain a clearer perspective. Recently, I stumbled upon a thought-provoking quote by a renowned individual which I believe resonates with our trading journey: “The best way to measure your investing success is not by whether you’re beating the market but by whether you’ve put in place a financial plan and a behavioral discipline that are likely to get you where you want to go. In the end, what matters isn’t crossing the finish line before anybody else but just making sure that you do cross it.” -Benjamin Graham Comparing your progress with fellow traders not only yields no meaningful insight but can also hinder your growth. Focus on setting personalized trading goals and channel your energy into achieving them. Remember, trading is a personalized journey, akin to running your unique race. Although these concepts might not be novel, revisiting them can aid in better absorption and application. How's everyone doing? Feel free to share your thoughts. I'm here to chat with You ! Warm regards, Kateryna💙💛
BITSTAMP:BTCUSD
by RocketBomb
9
BITCOIN out of RISING WEDGE?Hello dear friends! An interesting picture of Bitcoin's price movement! What are your thoughts? It certainly resembles a rising wedge, doesn't it? But what exactly is a rising wedge? A rising wedge is a pattern that develops on chart due to a narrowing amplitude. If you connect the highs and lows with lines, they'll form an imaginary angle that gradually narrows. Moreover, this angle needs to have a positive slope, creating an upward-pointing corner, indicative of an uptrend. A rising wedge serves as a bearish reversal pattern. Typically, it marks a reversal of an ongoing uptrend, although exceptions exist. There are instances where the rising wedge extends the trend. If a downtrend occurred before the wedge, the price declines after the wedge, effectively continuing the trend. Nonetheless, it's crucial to remember that post-rising wedge, a price decline tends to follow. The rising wedge is a relatively uncommon pattern and isn't easily identifiable. Despite the apparent balance between bulls and bears, the narrowing of the wedge corridor suggests that supply is prevailing. Ultimately, buyers capitulate, and sellers gain control of the market. If we presume this to be a rising wedge, then in the medium term, a significant price drop to $20,000 could be anticipated. Prior to that, a potential price retracement to the $28,000 level might occur. What's your take on this Bitcoin price movement? Feel free to share your insights and analysis! Your Kateryna💙💛
BITSTAMP:BTCUSD
by RocketBomb
5
Bitcoin by Rocket Bomb🚀💣Hello there, my beloved friends! ♥️I'm delighted to have You on my page!🤗 I recommend You evaluate my price movement scenario! I'd love to talk about it with You in the comments! On my chart, you can see the dynamic levels of support and resistance, which gradually narrowed by forming a triangle, from which we'll soon be able to see a way out! I still believe the exit will be in the 24-26 thousand range! However, if we break past the level 28-29k, the price may rise and begin a rising trend after leaving the triangle! If the price falls below $24,000, the declining trend will almost certainly continue! That, in my opinion, is what we can expect in the near future! What are your thoughts? Thank you for taking the time to read this. Sincerely, Kateryna💙💛
BITSTAMP:BTCUSD
by RocketBomb
1
Bitcoin by Rocket Bomb🚀💣Hello, dear friends! I'm glad to welcome you on my page!🤗 Since the beginning of this month, russia has shelled Kyiv five times in various ways: these are super-heavy bombs and drones! The whole huge multi-million city trembled from the loud sounds of shots - our defense forces worked perfectly!💪 Just today I slept for the first time in two weeks! And immediately here to YOU!😊 Let's see what happened during this time and what we can expect in the near future :) You can pay attention how price of Bitcoin is formed! It's reminiscent of the previous design! Someone might say that it looks like accumulation and distribution, someone sees triangles, someone sees Bart's heads, etc. I think, that in coming days we can expect the price to drop to levels of 24k (lower - unlikely), then again we can expect a sharp rise in prices right up to levels of 31 and a little higher! Then the price can get a little stuck! Tell me how are you? How are you doing? Anything new ? The last two weeks have been the most stressful for me and it seemed more than a month had passed!🤪 Thank You for attention I'm waiting for Your feedback Sincerely Your Kateryna
BITSTAMP:BTCUSD
by RocketBomb
10
Bitcoin's Price Adventure💥Bitcoin's Price Adventure: Unveiling Patterns and Trading Opportunities! 🚀🌟 Hello, my dear friends!♥️ Today, we embark on an exciting adventure through Bitcoin's price action, delving into its captivating voyage from 2021 to early 2023. Get ready for a thrilling ride full of twists and turns as we uncover a tumultuous downturn, a period of anticipation, and an exhilarating surge that unveils new opportunities. We'll explore the formation of an ascending channel and the emergence of two intriguing triangle patterns. Brace yourselves for an engaging exploration! 🙌😄 The Turmoil and Stagnation: Oh, what a wild ride it has been! In 2021, Bitcoin faced its fair share of challenges. The cryptocurrency took a dip that left market sentiment bearish and caused losses for many. But fear not, for even amidst the chaos, Bitcoin remained resilient. Throughout 2021 and into 2022, it navigated rough waters, testing the patience of traders and investors alike. After the storm, however, came a period of calm. The market entered a phase of stagnation, like a tranquil oasis amidst uncertainty. Bitcoin's price found stability, longing for a catalyst to reignite the flame of hope. From late 2022 to early January 2023, we witnessed a period of consolidation, where the cryptocurrency yearned for a new direction. 🌊⚓️ The Ascension and the Ascending Channel: But behold! A sudden surge emerged, defying all expectations and breathing life back into the market. From the depths of the 16000 zone, Bitcoin soared to new heights, forging an ascending channel that paints a mesmerizing picture of progress. Picture it like a thrilling dance, with higher highs and rising troughs guiding us towards an exciting future. 📈💃 The Enchanting Triangle Patterns: Within this ascending channel, two captivating triangle patterns emerged, capturing our attention like hidden treasures. Like brushstrokes on a vibrant canvas, these triangles revealed themselves as consolidation phases within the greater upward trend. As Bitcoin approached the upper boundary of the channel, it encountered resistance, creating moments of suspense and anticipation. 🎨🔍 The first triangle pattern, an early protagonist, signaled a continuation of the prevailing trend. It represented a pause, a chance to catch our breath before the upward momentum regained its strength. Watch closely for the breakout from this pattern, my most attentive readers and watchers, as it may offer insight into the future direction. The second triangle pattern, took on the role of a reversal pattern. It introduced uncertainty, casting a spell of mystery over the market. Keep your eyes peeled for a breakout from this pattern, for it holds the key to the next significant price movement. 🎭🔮 Conclusion: In this thrilling Bitcoin price adventure from 2021 to early 2023, we've witnessed a breathtaking spectacle of events. A dramatic downturn, a period of anticipation, and an electrifying surge set the stage for an ascending channel adorned with enchanting triangle patterns. The savvy among you, my dear friends, can seize trading opportunities hidden within these patterns, like precious gems awaiting discovery. Follow the breakout points, trust your instincts, and nurture anticipation for the exciting future of Bitcoin. Hang on tight, my friends, as we unravel the mysteries of Bitcoin's price adventure. Your insights, discussions, and feedback are invaluable on this journey. So, tell me, what awaits us next? What are Your plans for the medium term? Let's dive into the conversation and navigate the exciting realm of cryptocurrencies together. Stay optimistic, stay encouraged, and let's make the most of this! Sincerely Your Kateryna💙💛
BITSTAMP:BTCUSD
by RocketBomb
10
From Halving to Halving Hello, my dear friends!♥️ I'm glad to welcome You on my page! Thank you very much for your activity, I really appreciate it!🙏 Today I decided to make a chart comparing the behavior of the price movement of Bitcoin on a weekly chart to predict the price before the next bull run! Weekly chart - the most convenient to look at a long period of price movement! That's very important, because right now many traders are confused <> What can we see on the chart?👀 First of all, it's worth noting the beginnings of halvings 2, 3 and 4 - they are marked with vertical lines on the chart - the light green zone - indicates the phase of active growth immediately after the halving! Immediately after the end of the growth, the price begins to form a triangle, which stretches until the beginning of the next halving - you can see the triangles in yellow! Of course, triangles are conditional figures - perhaps other traders see something different for themselves! But, my most attentive readers and watchers 😉 could notice a departure from the so-called big triangle - I have a suggestion - let's ignore it, because it is necessary to connect the price movement precisely by more lines touching, and this zone trying to confuse us! Let's see some details on the chart! It's important to note that in both triangles you can see similar price behavior - there are clear boundaries - the tops of the triangles - blue circles - the lower part of the large triangle touches the top of the previous - smaller one several times, which proves that before the next halving - re-test 16-15k levels again is more likely! And that's area will be optimal for buying next year!✊ As for the medium term - looking at the chart, we can assume that we have high probability of seeing 35 k! What conclusion can we draw from what we have seen and read? Medium-term perspective - 35+_k - fix profit! Next, we are waiting for the fall to levels 15-16 k and waiting for the halving! Everything, that you have seen and read is only my judgmental vision of the market situation and Bitcoin price movement! Waiting for You in the comments for discussion! What are Your plans for the medium term? Sincerely Yours Kateryna♥️ Take a look at some EDU!
BITSTAMP:BTCUSD
by RocketBomb
6
Bitcoin by Rocket Bomb🚀💣Hello dear friends! Here I am again! 😊Now the activity on the platform leaves much to be desired, so I'll immediately ask you to click <> to my enthusiasm👍, it will be more pleasant for me to create new content for You! What do we see on the chart?👀 Today I would like to demonstrate, that Bitcoin's rollback from its bottom (16k) has already taken place - and very profitable - by almost 100% from the bottom to 30k!✔️ Now we are seeing a price rollback to 27,000$. I expect the price can go down to 26k maybe even 25k and go up to 37k POSSIBLE - that's the medium term perspective! And if it will happen, then the growth from the bottom to 37 thousand - will be an increase - 135%! I think everyone understands, that it's not time for a new bullish cycle, that's just a protracted price rollback after the last bull run! Therefore, my post is for those - who wrote me, that he/she has a super-mega - bullish mood! Just be careful! Now it is important to monitor the market at shorter time frames! But don't forget about the daytime picture!😊 I really hope it was helpful to You! Don't get too bullish - it can be deceiving! Stay safe Sincerely Yours Kateryna💙💛
BITSTAMP:BTCUSD
by RocketBomb
40
Bitcoin by Rocket Bomb🚀💣 20/03Hello friends! Again for a week I flew out of life and from our lovely community 😊 Night alarms, takeoffs of fighters along the entire border... it seems, that nothing can surprise you, but the state of inner peace is disturbed! Let's take a look at what's going on with the price of Bitcoin right now! Being a supporter of harmonious trading and preferring to make analysis in its classical sense, I would like to pay attention on two important aspects, that traders should not forget about using the “Head and Shoulders” technical analysis figure: First of all, it can be decomposed into parts, each of that is an important and independent element, that allows you to identify the preferences of participants in market battles. Secondly, using the principles of harmonious trading helps to identify important price levels, that should be paid attention to. ❗️It doesn't mean, that the price will go exactly as shown on the 1 hour chart! It can stretch over time! But we can expect the price at the levels, that you can find on the charts! If the price will change its direction, I'll try to promptly update the chart! Tell me how are you? How are your deals? What do you see on the chart? Your Kateryna💙💛
BITSTAMP:BTCUSD
by RocketBomb
31
BTC chart in Bart Patterns🔥Hello, my dear friends! Today is the 8th of March! For hundreds of years, women have been fighting for equality, to have the opportunity to study, work at their favorite job, etc. At the present time, women have stood on a par with men. 💙💛 In our country, women fighting with men in the hottest spots of hostilities! Thanks to our defenders, for the opportunity to be here and do what I love on this beautiful day!🙏 Congratulations to the sweet and strong part of humanity - women on Women's Day! ♥️Be happy, loved and never stop - develop yourself! Kiss and hug!🥰 Today I wanna prepare something special and interesting for You! By looking on small frame Bitcoin’s chart, one can identify sudden movements or ‘bump’ in one direction, followed by consolidation and a sudden ‘bump’ to the other direction that ends close to the base price. This phenomenon can also happen in non-crypto assets, and it has given the name “Barts” because the asset’s price pattern looks like the head’s shape of the iconic Simpsons character, Bart Simpson. It is useful to know how to recognize this pattern, as it can significantly affect short and mid-term trading positions. It appears as a result of hundreds-of-Bitcoin orders in a matter of minutes, which can change the price of the coin. While it can happen to any cryptocurrency, it mostly revolves around Bitcoin for several reasons. One such cause is Bitcoin’s usual substantial volatility, as well as the fact that sharp changes in BTC value can affect the rest of the altcoins market as well. The reason for these sudden pumps and dumps is likely to burn crypto margin traders, whether short or long, by manipulating the market. While some believe that this is done by the exchanges themselves — which is entirely possible due to the lack of regulations — this might be related to large crypto traders, commonly known as ‘whales.’ The pattern is also known to happen in reverse, resulting in an upside-down image of Bart’s head where the drop occurs first, and then the spike arrives. This is known as a bullish consolidation pattern. The Bart Pattern’s Effects on the Market Bitcoin ETF: These events, among others, likely contribute to the reasons why the SEC continually refuses to approve Bitcoin ETFs. Despite what investors and traders believe, the truth is that the crypto market is still thin, and too easily manipulated. Analysts often tend to view the crypto markets as the “whales’ playground”; they can bring forth drops and surges whenever they choose. Miner Affection: Especially in a crypto bear market, as we have in 2018, the miners remain active. Since their goal is to profit by helping to maintain the BTC blockchain, they depend on rewards to pay their electricity costs and keep their mining rigs up to date. However, price manipulation can also affect them, as low prices of BTC tend not to be enough to cover their basic costs. Trading Tips to Survive Barts 📍If you are aiming for the middle or long-term trading periods, the Barts will affect you less. 📍Short-term traders, who tend to open margin positions on exchanges such as Bitmex and Bitfinex, might want to have further stop loss orders or liquidation prices. 📍If you identify a sudden move followed by consolidation, bear in mind an option of a Bart that will drive the price quickly to the other direction. You can find more my educational posts by hashtag #rocketbombeducational (You can click it under the pic of this post) Thanks for your attention I'll be glad to see your feedback Sincerely yours Kateryna💙💛
BITSTAMP:BTCUSD
by RocketBomb
17
Bitcoin by Rocket Bomb🚀💣Hello, dear friends!♥️ I'm glad to welcome you on my page today! The market has been a bit stagnant in recent days, but that's happening as a breather before a bigger move! In previous posts, I have already done an analysis of the possible next movements of Bitcoin, nothing has changed, so in this post I decided to combine the hourly chart and attach a wider picture of the daily chart. I hope you will enjoy! Don't forget to click <> because of this 😇 Below I'll leave my previous posts, they are quite informative, it may be useful to those who haven't seen them! ✍🏽Write which coins you are interested in, I'll try to analyze each of them! PS: I try to diversify "boring charts" with new funny memes, support my positive attitude by subscribing and "thumbs up"!👍 I'll be glad to see you in the comments😉 Sincerely your Kateryna💙💛
BITSTAMP:BTCUSD
by RocketBomb
31