As an expert day trader analyzing Bitcoin, I anticipate a potential dump to $24K, followed by a subsequent pump to $31K. The recent low trading volume over the past few days suggests a temporary lack of market participation, which may contribute to this price movement. However, it's important to note that cryptocurrency markets are highly volatile and...
It will hit to over 30k but then its gonna dump to 25.6k
The recent BTC resistance check failed, resulting in a significant drop from 29.8k to 26.5k. This sudden dip indicates that the market may be heading towards a bearish trend. In my opinion, shorting BTC would be a wise move in the next two days to help stabilize the price. Traders who go short on BTC will be betting that the cryptocurrency's value will decrease,...
Bitcoin (BTC) is a highly volatile cryptocurrency that has experienced both up and down trends over the years. One way to analyze BTC's price movement is through chart patterns. Chart patterns are graphical representations of a security's price movement over time and can be used to identify potential trends in the market. In recent months, BTC has experienced...
Expecting 27.1k to hold and a pump to 31.4k soon still chilling while this bottom forms. Will long later
After analyzing the historical price movements of Bitcoin, I have identified a significant pattern that emerged in 2021. Based on this pattern, I have projected a new wave, which I refer to as "big battern 0 wave," on the BTC chart for 2023. I believe that this pattern is indicative of a trend that will continue in the future, and my analysis has led me to make...
The recent drop in Bitcoin's price after hitting the HKEX:30 ,000 mark has caused some concern among investors and cryptocurrency enthusiasts. However, there are several factors that suggest the price could rebound in the coming days. Firstly, the cryptocurrency market is known for its volatility, and price fluctuations are not uncommon. It is possible that the...
The recent drop in Bitcoin's price after hitting the HKEX:30 ,000 mark has caused some concern among investors and cryptocurrency enthusiasts. However, there are several factors that suggest the price could rebound in the coming days. Firstly, the cryptocurrency market is known for its volatility, and price fluctuations are not uncommon. It is possible that the...
The recent drop in Bitcoin's price after hitting the HKEX:30 ,000 mark has caused some concern among investors and cryptocurrency enthusiasts. However, there are several factors that suggest the price could rebound in the coming days. Firstly, the cryptocurrency market is known for its volatility, and price fluctuations are not uncommon. It is possible that the...
I initiated a long position in Bitcoin based on a thorough analysis of trend patterns and chart formations. The decision to enter this trade was predicated on a comprehensive examination of key technical indicators and market trends, which led me to conclude that a bullish trend was likely to emerge. My analysis included a careful review of both short- and...
I initiated a long position in Bitcoin based on a thorough analysis of trend patterns and chart formations. The decision to enter this trade was predicated on a comprehensive examination of key technical indicators and market trends, which led me to conclude that a bullish trend was likely to emerge. My analysis included a careful review of both short- and...