BitcoinGalaxy

BitcoinGalaxy

Gold is at the top of this rising channel ( 2 yellow lines ) according to the bearish divergence on daily RSI , Im expecting a rejection to the support line which is the previous high.

BitcoinGalaxy

the bitcoin price & RSI level is so get involved together. the RSI weekly level at 44 & weekly candles at 80k seems a very strong support now.

BitcoinGalaxy

according to this massive and long-term rising channel for gold, seems like the top is so close & we might see temporary pull back to the bottom of this channel which makes sense, because it is the previous ALL TIME HIGH

BitcoinGalaxy

the USDT dominance as a very strong resistance area with multiple resistance such as 61.8% of Fibonacci retracement and trendline and i am expecting a rejection to the downside in march time

BitcoinGalaxy

As the bitcoin price made a LL but the RSI on daily TF made a HL, which gives it a very bullish divergence, but as the price still is below the 200 daily MA , it can goes fall to about 76k but Im not expecting the RSI make a LL, which gives us another bullish divergence.

BitcoinGalaxy

the USDT dominance is at a very important & multi resistance area. it does have trendline resistance & 61% of Fibonacci retracement , and looks like we have a bearish divergence on weekly RSI for it as well. with a weekly candle rejection we might see a rally for cryptos IMO.

BitcoinGalaxy

according to the weekly MA50 & fibonacci 61% , 74k looks the last support for bitcoin

BitcoinGalaxy

The TOTAL MARKET for crypto is on the previous ALL TIME HIGH , after broke above that in Oct-Nov 2024 now is back testing that, which is a very classic movement to continue to the upside in my opinion

BitcoinGalaxy

as I mentioned bitcoin needs to close weekly above 92k ( 20MA weekly ) to stay on bull market , now the 130k target is still on the table for me

BitcoinGalaxy

If we check the daily 200MA (red momentum ) and we calculate the double top target, they give us 80 - 82k for bitcoin as the strong support. but we still need to close weekly candle above 92k

BitcoinGalaxy

What ever bitcoin is doing this week should close weekly candle above 20MA which is about $92000 to stay on bull market

BitcoinGalaxy

Gold in 4 hour time frame looks bullish at the moments for this week

BitcoinGalaxy

Bitcoin finally after few days could manage to close the daily candle above 20EMA. now we could expect to start raising and get more bullish

BitcoinGalaxy

Silver is playing inside a huge rising channel and looks the top is about $35

BitcoinGalaxy

Ethereum on monthly time frame is still holding the 20MA and the market structure by making Higher Lows. looks so bullish still to me and can make it to $6200 in the next few months.

BitcoinGalaxy

After the rally we had after 6 months of consolidation, now bitcoin is consolidating again in a rectangle. I believe 90% bitcoin still will go up and according to this rectangle we might see $168k for it

BitcoinGalaxy

After the rejection from the descending triangle we had, now $3 is going to be the last/strong support and I'm expecting another push to about $19 in next few weeks or months

BitcoinGalaxy

Silver is rising and reaching to the level of about $35 as the resistance trendline is waiting for it, after that we might see downside movement