Bitcoin (BTCUSD) hit and broke yesterday below the 1D MA100 (red trend-line) for the first time in more than 3 months (since January 23 2024). This is progressively turning the majority of news and traders across the market bearish and in full confidence of shorting to even lower prices. Should long-term investors panic? The answer appears to be 'No' and in fact...
Hope everyone having a great weekend, we need to address few things in here, firstly we expecting price to breakthrough consolidation and create a expansion retracement. Price needs to fill the voided area and as the price is bullish, it is very unlikely for price to drop heavily as there are no major economical data supporting it. Please Like And Follow for More.
Bitcoin (BTCUSD) is about to close today (unless the 1M candle closing is above 71500) the first red month after 7 green monthly candles in a row. The last month of losses was last August (2023) and since then we've experienced an unprecedented rally, fueled primarily by the ETF anticipation and then its confirmation. So is this alarming? Actually not. Sole 1...
Hello Traders As I can see BTC is now trading above the 60K$ after hit ATH and i CAN SEE A BULL FLAG HERE !!! If price does not break given Stop Loss level, then it can create a big move so don't miss it its a very low risk-based entry and higher rewards Friends Supply and Demand is issue now with BTC price it had HIT ATH and now retrace more then 14000$ its time...
Bitcoin (BTCUSD) is about to test the bottom of the Bollinger Bands (BB) on the 3D time-frame for the first time in 3 months (since January 25). Right now the squeeze between the BB basis (blue line) and the bottom (green line) is extremely tight and since the start of 2023 this has been fairly accurate bottom call. The trend since the November 2022 bottom has...
During the day you can trade from these price levels. Finding the entry point into a trade is up to you, depending on your trading style and the development of the situation. If you expect any medium-term price movements, then most likely they will start from one of the zones.Relevant to use as a location for installing TP. Levels are valid throughout the day,...
Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
Bitcoin (BTCUSD) has successfully tested and held the Mayer Multiple (MM) Mean (red trend-line) and is now consolidating. As you can see by the green arrows, this is the point where historically the most aggressive part of the Bull Cycle begins, as even in the occasions where the MM Mean broke marginally (July 2013), the rebound that followed was even more...
Bitcoin (BTCUSD) hit yesterday its 1D MA50 (blue trend-line) to test it as a Resistance following the bearish break-out last week but got rejected. This is a discouraging sign short-term for any bullish attempt but it very consistent with all previous bottoms since the November 21 2022 market bottom. ** The 0.382 Fibonacci ** As you can see, all major rallies...
Bitcoin (BTCUSD) is struggling to break and close above the All Time High (ATH) Resistance having almost completed 6 weeks of sideways consolidation and candle closings below it. On any other occasion, that would be a bearish signal, an inability of the market to find enough willing buyers to push it to a new High. But with BTC's historic cycles this has proved to...
Bitcoin Price (BTC) Real-Time Live Price Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and...
BTC ~ 1D 📈 #BTC Form a Bull Flag Pattern. if it succeeds in breaking the resistance line of this pattern, perhaps a new ATH will form between May - June. We will update further if there are changes in Trend. quick.
Bitcoin (BTCUSD) is less than a day (only a few hours) away from the new Halving and naturally all eyes are on this historic event, the 4th in succession. We all know the fundamental specifics and how a -50% less Supply can drive the price higher as long as Demand stays intact. What people may not know (or may not be able to comprehend) is the pure magnitude of...
BTCUSD is currently exhibiting a Harmonic Pattern (XABCD) on the 4-hour time frame. This pattern is characterized by distinct price swings that form geometric structures. As per our analysis, the pattern is nearing completion, with Point D aligning with a crucial support level. Trendline Analysis: In conjunction with the Harmonic Pattern, a trendline has been...
HELLO TRADERS As I can see #BTC is now trading @ 70K$ time of posting this trade idea we are expecting BTC can make a new all-time any time before Halving Friends its trading now above a local trend line and holding above 70k$ which is a support now we are buying from 64K$ as you can see our pervious posted analysis risk reward ratio is great on this trade there...
Bitcoin (BTCUSD) touched today the bottom of the Channel Down pattern that started a month ago on the March 14 High. Ever since is posted Lower Highs and Lower Lows, dropping under the 1D MA50 (blue trend-line). Since the long-term trend for months has been a parabolic rally, this pattern can be seen just as a big Bull Flag, a necessary short-term pull-back before...
Bitcoin (BTCUSD) is only a few days before the new Halving event and is already below its 1D MA50 (blue trend-line) for the first time in 2 months, having broken the previous Ascending Triangle pattern. This is a sequence that we have seen before during the previous Halving (May 11 2020). Of course the Halving took place at the start of the Ascending Triangle and...
BTC ~ 1D Updated #BTC, For now #Bitcoin Has Important Support at $60,000. This support needs to be maintained to keep the price from falling any further, apart from that CRYPTOCAP:BTC also has Classic Support Ema100 at a price of $58K+