Bitcoin Analysis Across Multiple Time Frames!

#BITCOIN WEEKLY TF UPDATE LET'S MAKE IT SIMPLE


"Bitcoin ended the week above $52,000 and is now heading towards a resistance area around that price. Even though there's some resistance there, the overall trend is still bullish. We might see a pullback in this zone, but if we get another weekly close above $52,000, it could mean Bitcoin has the momentum to push towards $60,000."

So keep an eye on weekly closing
Stay tuned; I will keep updating

#DYOR #NFA BTC BTCUSD BTCUSDT

Comment:

BTC BTCUSD #BTC UPDATE

The bullish market structure is still maintained.
BTC did weekly closing of just above $52,000.
the new weekend is upon us, I am expect significant moves on the up upside to words the 60k.

Stay tuned I will keep updating
#DYOR

Comment:

Not much changes in #bitcoin  the price just keeps moving back and forth around $52,000. Daily candles continue to be printed side by side with wicks. This might be a new phase of strong consolidation or a distribution phase. It's not clear at the moment, so we should wait for a clear breakout to appear.

Stay tuned

Comment:

The #BTC  market continues to consolidate, indicating a buildup of liquidity on both sides. With prices engaging in stop hunting and forming a tight range, it suggests a significant psychological level, possibly serving as a zone for either re-accumulation or distribution. Daily candles reflect this congestion, signaling the potential for a substantial impulsive move following a breakout.

Stay tuned form more updates
#Crypto

Comment:

In the hourly timeframe, #BTC has created a mess and is still in a range. The price has already triggered the buy stop and is now anticipated to trigger sell stops. Support will remain the same around $50,000. If this is just a re-accumulation phase, then the support will likely hold. However, if it's a distribution phase, it will clean the level and dip towards the next major level.

Stay tuned
#DYOR

Comment:

#Bitcoin  is still consolidating after being rejected from a strong resistance area and is now moving lower to fill a wick. The price is expected to react once it reaches $50,000 and might build up some liquidity underneath. Currently, we can only observe the market's movements until a breakout occurs. It's also worth noting that there is a ton of liquidity below $50,000, so there might be wicking/manipulation happening as well.

Stay tuned I will keep updating
#Crypto

Comment:

#BITCOIN WEEKLY TF UPDATE :

BTC made a clean move to the upside, with the weekly candle close. Price made its way to the resistance zone, and currently, candle its kinda rejecting. Bearish candle close will lead n new resistance formation, so retracement might come. Alternatively, a next week candle closing above the zone will lead in further up move of the price.

#Crypto #DYOR

Comment:

Bitcoin (BTC) has been consolidating for a week, with a new weekly candle closing and providing new indications. The weekly candle closed bearish after four consecutive bullish ones, and now it has been rejected at the new resistance formed within the zone. Retracements are highly probable now, and lower timeframes suggest a drop to $50,000.

#DYOR