Bitcoin Dominance : CHART SAYS EVERYTHING. BTC dominance reached near 57.50 where it face major resistance. We can see a bearish divergence also on weekly chart. Rejection on chart can welcome ALT season.
DEC 19: #Bitcoin Daily chart: Bitcoin daily chart is showing very interesting pattern. We can see 4 successful bear flag on chart in this year and downside breakout on 5th bear flag which indicate that BTC check down side area $15500 and $12k-$14k in worst condition. But as its 5th bearish flag of the years so equal chance that market give surprise all as we...
June19: #Bitcoin: "Where is Bottom?" This is just another chart but important chart in 4Day time frame. Gennerally In chart we see that whenever 50MA cross 200 MA downside , it called Death Crossover and market make new bottom. But in Bitcoin chart in 4 day says different story. We can see that in last 12 yrs, It happen only two times in FEB 2015 and March...
May 15: #Nasdaq: As #bitcoin is showing correlation with US market, We will see what #Nasdaq chart says. -RSI 30: Chart showing that world biggest index is oversold area and whenever it reach RSI 30 on weekly chart, it give very strong bounce in last 3 years -30% Correction: Nasdaq 30% correction in last 6 month, Same as March 2020, during Covid19 while situation...
June23 :#Bitcoin: $btc beautiful jump from Long term Support belt. MACD also turn bullish in 4 hr time frame. One Day RSI also showing bullish divergence. Quick bounce is showing that bulls actively accumulate picked support.. Upper side many small resistance with major resistance at 50 day and 200 day moving average. China Mining status: Next 15 days will be...
we are near top of bull season as per btc dominance chart.. BTC dominance 40 means we r in top of alts season and now $btc dominance near 45%.. Now market will wait for fresh investment.. and it will come in BTC first.. so there is two situation 1. if btc price jump hard in 6 month than alts will dump in same period , but they will bounce back once btc stable at...
BTC price well move in sympatric triangle. $37400 is key resistance in short term. BTC seems move in this symatric triangle in coming days.. breakout of this will decide next move in btc. plz check our previous idea for long term view
Dear all, This vide is recorded in Hindi. But you can understand it by following post. We are going through a short term bear trend in crypto. We still believe that it can be a short term bear trend as per past trend. If we compare current trend to mid 2017 trend, than we understand the btc more looks like mid of 2017 and still a big jump is due by end of...
We received many good news like billionaire investor Carl Icahn’s told that he is considering entering crypto in a big way but this hardly made any difference to crypto prices. This is just another hint that the sentiment is bearish and crypto markets are not reacting positively to favorable news. However it not means that bulls have stopped buying. Tether Mcap...
May 28:Bitcoin: We saw $2000+ jump in btc price after President Biden proposal. But BTC again face resistance at 40k and drop. This is more look like whale manipulation before Monthly options expiry.Although 1 hr btc chart shows bearish head and shoulder pattern which target can be near 33k but we will not surprise if it bounce before 36k. Near 2billion monthly...
Bitcoin formed Inverse head and shoulder but it rejected from resistance. 200 DAY MA also worked as resistance at $40700. 42k-43k is further big resistance for btc. Beasris RSI and MACD also playout which pull back btc price. But now BTC havegood support at 35700-36500. Below this level will create more panic for btc. We expect bounce from this zone and should...
May26:Bitcoin: Bitcoin beautifully breakout long downtrend channel and moving ahead.. Now BTC trading at 40230 and testing many resistance. 200 day moving average at 40638and same time we can see inverse head and shoulder pattern . Breakout of pattern will be bullish which push price upto 42k-43k
Smile back in market. As explained in yesterday chart.. BTC reached 37k and breakout beautifully. This is long downtrend channel breakout. So its another bullish sign.. Market should test 42k-43k now, and breakout above this zone will give trend reversal sign. Good part we picked this at $32k and told to open trend at buying zone in our previous chart. On bottom...
Btc price drop to $46000 after Alon Musk tweet, Back to back we see Binance Investigation fud too which create more weakness in BTC. Although Price bounce $2000 from $47k after CZ tweet in which he mention that these are fud. Same time Micro Strategy also announce that they bought near worth $15 million btc on average price of $55387 as per Coindesk...
April 12: #Bitcoin AS per chart , we can say that btc retest support (59k-60k) beautifully in last 3 days and now back to 61,000, bt same time it not able to cross last ATH $61800.. BTC price depend on major triggers and Global market one of them... Since morning we are seeing heavy correction in ASIA market due to fear of Lockdown. USA Future also shows...
April 7: #Bitcoin: Today during Asian session BTC price did correction and break short-term support $57k. Now next support at 54k which is 50 DAY MA.This correction may be bec of "Kimchi premium" in South Korea. Many Article post about it in last 24 hrs.. Price bounce back from $55500 but it need to cross 57500+ to gain confidence. if it not close above 57500...
If u see 1 day chart u wl find a resistance near 10,000 n support at 9300, 8700 n 8100 n than 6000.. Bulls r still active n try to break this zone, as per current bitcoin market it look possible... upside breakout can give u target of 12k n 14k.. In other side in Chart a triple top n global market can create panic n if #bitcoin drop 9300 than we can see 8700 /...