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Ascending Triangle Points to Bullish Continuation
BTCUSD
, 240
Long
BTCUSD: Ascending Triangle Points to Bullish Continuation

Intro BINANCE:BTCUSDT gearing up for a significant move today, and I'm here to break down the potential price action. Over the weekend, BTC moved interestingly, closing the CME gap and aligning with the CME's close price as we stepped into Monday. With this setup, we're eyeing an imminent breakout. Weekend Wrap-up and the CME Gap: The weekend saw Bitcoin...

Bitcoin Divergence & Wallstreets ETF
BTCUSD
, 240
BTCUSD: Bitcoin Divergence & Wallstreets ETF

Bitcoin's Latest Price Rally Curious about the recent upswing in Bitcoin's value? It's not just your average uptick; it's a major play by Wall Street, diving into Bitcoin ETFs with substantial capital influxes. We're talking a serious $494 million boost in Bitcoin's market, indicating a strong institutional endorsement that's far beyond day-trading buzz. ...

BTC Head & Shoulders
BTCUSDT
, 60
Long
BTCUSDT: BTC Head & Shoulders
Updated 

This is the potential Inverse Head and Shoulders pattern which we could see playing out on $BINANCE:BTCUSDT. For this, we would want to see a higher timeframe close above the $43.5-44k region

Correlation between Bitcoin and Tether's Market Cap
BTCUSD
, 240
Long
BTCUSD: Correlation between Bitcoin and Tether's Market Cap

Correlation between Bitcoin and Tether's Market Cap Looking at BINANCE:BTCUSDT and CRYPTOCAP:USDT , we see a bullish pattern unfold. The market cap of USDT has been following a similar growth pattern to Bitcoin. These 2 tend to follow similar patterns but there is something else going on here too. This positive correlation hints at an underlying bullish...

Head & Shoulders Playing out
BTCUSDT.P
, 240
Long
BTCUSDT.P: Head & Shoulders Playing out

As shared previously, we saw a potential Invrese Head and Shoulders pattern playing out on BINANCE:BTCUSDT , this was confirmed we the declining volume then the neckline break. If you missed it, there is still a chance. Quite often we get to see a retest of neckline breaks like this before trying to reach our target of $50,000

Bitcoin Breaking Out Now!
BTCUSDT
, 60
BTCUSDT: Bitcoin Breaking Out Now!

BINANCE:BTCUSDT has broken out of its ascending triangle, but don't just jump straight into a long position! Overview Bitcoin has been forming this triangle pattern since the 26th Jan, it has been leaning on the bullish side with only a few taps onto support but constant knocking on resistance. We have now closed above the triangle, however, there is another...

Nobody sees this BTC move coming
BTCUSDT
, 60
BTCUSDT: Nobody sees this BTC move coming

Overall Analysis BINANCE:BTCUSDT The $43.5k-$44k has been a key level which Bitcoin has been rejecting from, and I shared this in our last video. It had several attempts at trying to break it until we fell to the downside. There are a few levels of support which we will be monitoring. I think one of the biggest support levels is going to be around the $41-42k....

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