Just a simple analysis or strategy for everyone to understand but please do your own research!
-As you can see, after every gap is formed and after the price fluctuates, it will eventually return to the unfilled gap levels.
What are CME GAPS?
CME gaps refer to the difference between the trading prices of Bitcoin futures contracts when the market closes on...
You can search up "Bitcoin Halvings" and look what happens just before every halving lines and after. In this case, the next or 4th halving is predicted to be around May of 2024. For now our clearest signal compared to all is the death cross of the moving averages and a head and shoulder pattern.
This is the power of back testing strategy! something so simple...
Bitcoin is in a falling trend channel in the short term. This shows that investors over time have sold at lower prices to get out of the currency, and indicates negative development for the currency. The currency is testing resistance at points 19400. This could give a negative reaction, but an upward breakthrough of points 19400 means a positive signal. The...
On this back-testing analysis; I made it simple, for everyone to understand easily.
Disclaimer: I'm not a professional and just wants to share my idea with everyone and hopefully it helps some of you out there on where BTC is going next (according to my analysis).
This is a chart on BTC INDEX Since the beginning of time, BTC have been on a bull run ever...
The real reason on why we are moving sideways from the last couple of days is because,
we have a both strong supply and demand zone (according to my analysis), or you can say that we are accumulating (SHORT-MIDTERM TIME).
Both zones currently act as support and resistance strongly holding BTC in a sideways channel.
Another factor is because the FED announced a...
Here's a chart on drugs, a complex analysis.
Anyways,
The bears have stretched the market to a point that seems to be unsustainable in the mid term.
BTC has seen a solid short term break above $19,000 after reing $18,500, and if we see the bulls holding on to this level over the next couple of days/weeks, we could expect to see higher mid term move towards at...
Price moving in an expanding channel (according to my analysis) and have already rejected 61.8 fib retracement level (highlighted red). I expect a bounce from the local resistance and will be heading towards the downward levels.
Just my opinion,
As always DYOR and stay safe
JUST SHARING My analysis of this quick trade, hope you find this helpful!
After a small drop on a 15m timeframe we can see the candles retest to $19,900 as shown in the chart, and expecting a drop back to its support at $19,600 or lower
^Just my opinion,
Stay safe and always DYOR
Price action and market structure for BTC has turned neutral on the mid term and remains bearish on lower time frames. After our ETH merge we've seen the expected bearish reaction, however, it hasn't been as violent as we expected.
Current mid term support for BTC lies as $18,900, and after breaking below $20,000 with relatively high volume.
For first moves, We...
BTC has reached yet another local low below $20,000 before bouncing back above this extremely important key level on lower time frames. Most other markets including the S&P 500 and commodities have also seen strong drops over the last 48 hours, and this could continue depending on the development of global economies.
BTC and crypto are no exception, however,...
