The only reason why people liked Bitcoin is that it went exponentially up from 2009 to 2017 and made a lot of new millionaires. The price in 2017 was 20,000 USD per Bitcoin, the current price is 58,900, and I predict Bitcoin to hit 28k next year! So after 8 years of struggling, bitcoin is going nowhere. The soon you understand the fact that Bitcoin will never go...
Hello Traders! What are your thoughts on BITCOIN ? Bitcoin has been in an upward trend in recent days, showing significant strength. However, the price is now approaching a key resistance zone that could potentially lead to a temporary correction. Given this resistance, we anticipate a correction in this area. This correction could present an opportunity for...
Hey Traders, in the coming week we are monitoring GBPUSD for a selling opportunity around 1.31700 zone, GBPUSD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.31700 support and resistance zone. Trade safe, Joe.
The US presidential elections, held every four years, are completely compatible with the CRYPTOCAP:BTC mega bull cycle! After the presidential elections held in 2012\2016 and most recently in November 2020, #bitcoin transitioned to the mega bull process! The issue of high interest rates on the Fed's side has now come to an end. With the easing of interest...
This week OANDA:XAUUSD surged to an all-time high, fueled by increasing expectations of a potential interest rate cut from the Federal Reserve. The price rose over 3%, marking its strongest weekly gain since August. This optimism is driven by concerns about inflation and global uncertainty, which have led to expectations of a rate cut aimed at stimulating the...
The key level this week is in the 1.11250 - 1.11500 zone. A fall in the euro to the minimum price of last Friday would give us the opportunity to re-enter the market in the buying zone that I specified in the chart. Guys, what do you think? Leave a comment with your thoughts.
hello trader's i want to know your analysis waht you learn till now comment down your point of view from here what happen .. fast
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are in a new rage but just like last time we were able to generate accurate levels to use for the coming week. We are seeing price between two weighted levels. We have 2581 Goldturn resistance and 2567, as Goldturn support. We currently have a gap above on market open at...
Hello Traders! What are your thoughts on GOLD ? After several weeks of consolidation, gold has successfully broken through its previous resistance level and escaped its narrow trading range, hitting a new high. Given the recent momentum, it is expected that gold will set a new high next week after a brief correction. A key point to watch is that gold is nearing...
BINANCE:BTCUSDT Bitcoin price is in the ascending Triangle with means the bitcoin price can react to this situation and breaks the triangle and will go up. and the most important resistance for Btc is currently 61k if the price breaks this resistance, Bitcoin can reach the top of the megaphone. Analysis Summary: Current Situation: Bitcoin is struggling to...
Apple’s Cup and Handle pattern in the early 2000s is often cited as one of the most significant. After a prolonged downtrend, Apple formed a large cup with a handle from 2000 to 2005, which, after breaking out, has continued to appreciate to this very day. However, Apple's pattern is nothing compared to the current Cup & Handle pattern that exists in silver,...
My fellow traders, here we have a classic bearish chart setup. ➖ Bitcoin has been consolidation with a bearish bias now for six months straight; it has been printing lower highs. ➖ Volume has been dominant on the bearish side and the BTC side of the Altcoins market is decidedly bullish. These signals are telling us that Bitcoin is likely to move down next;...
Bitcoin has rallied off the 53K support area as anticipated (read my previous article). I even explained my dollar cost averaging strategy particularly for this situation in my previous stream. If 60K is cleared, the next resistance is 64K. The current momentum is now bullish which can be confirmed by the higher low pin bar over the previous week (see arrow)....
hello guys. Inverse Head and Shoulders Pattern: The chart highlights a clear Inverse Head and Shoulders formation, a well-known bullish reversal pattern. The left shoulder, head, and right shoulder are well-defined, signaling a potential trend reversal from the previous downtrend. Breakout Above the Neckline: The price has broken above the neckline, which...
Hello everyone, let’s dive into today’s analysis of BTCUSDT! Currently, BTCUSDT is trading around $58,400 at the start of the new week, continuing its downward move after completing a minor retracement to the 0.5 - 0.618 Fibonacci levels. The bearish momentum seems to remain strong, with both technical factors and market sentiment leaning in favor of the...
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some days ago started to grow inside the upward channel, where it in a short time rose to a resistance level, which coincided with the seller zone. Soon, BTC broke this level and rose to the resistance line of the channel, thereby later exiting from it and...
Hey Everyone, Slow start to the week with ranging movement following on from the breakout last week into this ATH range. However, as analysed we got the first Bullish target hit today at 2581 during Tokyo session. We now have a ema5 lock above 2581 opening upto 2591, which gave just over 40 pips and remains open. We need to also keep in mind the Bearish gap...
#BTC is currently in an important resistance area of 60,000 - 61,000 . Some bearish signs are visible on the chart, as soon as the blue trendline gets broken, market will most probably face intense sell pressure and BTC will probably head for 55,000 zone and then 52,000. Sell strategy is advised!