On Thursday, Bitcoin prices experienced a sharp rally, reaching a new 18-month high of around $17,999 before returning to $36,419. BTC/USD continues to trade within the confines of an upward channel on the 60-minute chart. The price of the leading cryptocurrency is currently trading above several levels of the 100-hour moving average. As a result, Bitcoin has...
Hello Traders, BTC has experienced some recent volatile movements, causing concern among many in the trading community. In this update, I'll provide an analysis of the possible BTC scenarios. 1. The breakout above the resistance trendline, marked by a substantial green candle, appeared unsettling. This was followed by a significant red candle, as illustrated in...
Nothing more about CRYPTOCAP:BTC after this chart remember that my words accuumulation is name of the capitulation #bitcoin #bitcoinetf #bitcoinnews
BTC Update: BTC is not giving up so easily. It is still trying to pressurize the resistance and break above it. This scenario creates possible chances for BTC to break above the trendline and set a new target close to maybe $37k. According to the chart, a rejection toward $33.5k was something that I expected and I still am gonna stick to it unless BTC breaks the...
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Consolidation Phase as an Corrective Pattern in Long Time Frame. Completed " ABCD " Corrective Waves. It will Reject from the Lower Trend Line of the Corrective Pattern " Symmetrical Triangle " in Short Time Frame or from LTL of Consolidation Entry Precaution : Wait until it gives Strong Bullish Price Action Rejection
Bitcoin's price has surged, reaching a 17-month high of over $35,200. This rapid increase of nearly $5,000 in just one day has pushed the total cryptocurrency market value beyond $1.24 trillion. As predictions about a Bitcoin ETF continue to rise, trading volume is nearing the $100 billion mark. Despite the upward trend, warnings about potential risks associated...
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves. If it Rejects from the Upper Trend Line of the Corrective Pattern " Rising Wedge " in Long Time Frame then It will Completed the Retracement for the Break of Structure and " A " Corrective Wave Entry Precaution : Wait for the Proper Trend Reversal / Rejected Price Actions
Bitcoin (BTC) price is surging, gaining momentum after breaking through key weekly resistance. This increase has witnessed the leading cryptocurrency breaching crucial resistance barriers to set its sights on a high price target of $35,000. Bitcoin's price is on the verge of testing the $35,000 mark. BTC recorded a 17% increase in 24 hours, reaching a daily high...
The impact of the Federal Reserve's decisions on maintaining or reducing interest rates significantly influences the pricing of Gold and Bitcoin. While low-interest rates are generally favorable for Gold as they reduce the opportunity cost of holding the precious metal, Bitcoin's price reactions depend on various factors. If the Fed's monetary policy responds...
The Bitcoin/Gold ratio continues to decline. This ratio, indicating how much gold is needed to buy one Bitcoin, has experienced a significant drop over the past two years. In November 2021, the ratio stood at 35, but by 2023, it had decreased to 15. According to Longtermtrends' calculations, in January 2022, this ratio narrowed from 24 to 9 by the end of the year...
Bitcoin, trading at $28,538 at the time of writing, grabbed headlines on Monday due to a spike caused by fake reports. The cryptocurrency surged over 10% before dropping to $28,500, triggering a $86 million short-selling liquidation. Despite the truth emerging, the ETF saga continues. The Securities and Exchange Commission (SEC) is set to announce its decision...
Bitcoin's price surged by 10% in the early hours of New York trading after news broke that the U.S. SEC had approved the iShares Spot BTC ETF. However, this uptick was short-lived due to the confirmation that the news was false. Long-time traders who had opened short positions faced significant losses, with nearly $80 million in short positions liquidated,...
BTC is moving in range, wait for the breakout to get trade or place your buy and sell stop with given Tp's. Mange your risk according to account size!
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Bearish Channel in Long Time Frame and Rejection from the Lower Trend Line and making Consolidation Phase in Short Time Frame if it Breaks Upper Trend Line then it can Reach its Previous Support or Upper Trend Line of Channel Entry Precautions : Wait until it Breaks UTL or LTL
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Consolidation Phase in Long Time Frame as an Corrective Pattern. It has completed " AB " Corrective Wave in a Corrective Pattern " Bullish Channel " if it Breaks Previous Resistance or Upper Trend Line then it will Complete its Impulsive Move
Hello Guys There are some notes of BTC weekly Chart: 1. We have a new ATH every 4 years ( 1428-1477 ) days.. 2. After the ATH we take about ( 52-59 ) weeks to make a new bottom then we go up a little ... 3. Every time we reach a new ATH we drop down in a same angle (-55) before the new bull run starting .... look at my chart ( Red angles and curves ...
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Bullish Channel in Long Time Frame with the Breakout of the Lower Trend Line and Completed the Retracement but Failed to Break the Previous Strong Support , If Reject then it will fall from Fibonacci Level - 61.80%
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Consolidation Phase R Channel in Short Time Frame as an Correction Fibonacci Level - 61.80% Break of Structure Strong Support Zone