Bitcoin Life isn't all black⬛️or white⬜️... Yes‼️ Is it‼️ Look at the beautiful gains while BTC was in the⬜️ Current price to switch from black⬛️to white⬜️is $27,250 - updates here🚨 RT & Follow appreciated dear Crypto Nation🤗 And wait for the⬜️😉😎 Let me know your thoughts in the comments🤗 ⬇️⬇️⬇️ Likes and Follow for updates appreciated🤗 Disclaimer: Not...
This is a chart displaying Gold's (XAUUSD) correlation with Bitcoin (BTCUSD) on the short/ medium-term. As you see the two have been tightly correlated since late last year. When Gold started dropping aggressively after the February 02 High, Bitcoin followed shortly, though with not such an aggressive note. With Gold declining rapidly today, is this an early...
Bitcoin (BTCUSD) closed last week the first 1W candle above the 1W MA50 since March 2022, ending a full year of intense selling pressure. This closing opens up enormous long-term bullish possibilities as the new Bull Cycle has just started and the first challenge is the massive Cycle Liquidity Zone (green range) that goes back to January 2021! As you see this...
Striking similarities between Bitcoin (BTCUSD) in the past 2 years with Fetch.AI (FETUSDT) on the 1D time-frame. The charts are pretty self-explanatory as we have pointed out the basic features they share. But as BTC is rising aggressively off its 1D MA200 (orange trend-line), when Fetch.AI did that on December 20 and reached its 0.382 Fibonacci retracement level,...
Bitcoin Next clear switch of DPPM Oscillator by LazyBear occurred🔴🟢after last fake switch🟠 Remember BTC reaction afterwards in 2015 and 2019 🚨🚨🚨 Will history repeat❓👀 Let me know your thoughts in the comments🤗 ⬇️⬇️⬇️ Likes and Follow for updates appreciated🤗 Disclaimer: Not financial advice Do your own research before investing The content shared is for...
The Bitcoin Price Broke The Daily Resistance Level ! The Broken Resistance Becomes New Support Level ✔ So, I Expect a Pullback to 25950 and retest 📉 then! we will see a huge Bullish Move 📈 TARGET: 29800🎯 ... if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
his is not one of our usual analyses but we found a pattern that Bitcoin and S&P500 shared in the past and may replicate in the future now that the Bull Cycle has restarted. Based on this the first target for both of them when the get out of a Bear Cycle is Fibonacci 2.0 from the last High before the final selloff. For Bitcoin that target is 64000 and for the...
Looking for 12k over the next year. Entry = Hourly close below resistance. Exit = See chart
This is a unique study showing the correlation of Bitcoin (BTCUSD) with the S&P500/Gold ratio (SPX/XAUUSD) displayed by the orange trend-line. On this 1W time-frame, Bitcoin has broken above the 1W MA50 (blue trend-line) and will attempt to make the first closing above it, in order to confirm the new Bull Cycle beyond any doubt. In the previous Cycle this took...
On the Bitcoin chart, we have Two moves ahead. First, the bottom was the low of November 22, and BTC is making the first impulsive wave in a very bullish structure. Second, the up move from that last low, $15600, isn`t more than a C wave which might, structurally, end soon, and the drop might be sharp then the price will resume the bearish big wave down to a new...
As everyone is aware, Bitcoin (BTCUSD) made an incredible rebound on the 1D MA200 (orange trend-line) 5 days ago shortly after forming a Bullish Cross with the 1D MA100 (green trend-line). As many analysts have been comparing the current Cycle Bottom to that of 2015, it is perhaps time to call it a day on expectations for a 15.5k Double Bottom as it happened on...
Bitcoin (BTCUSD) rebounded on the 1D MA200 much more easily and much faster than anticipated as per our Inverse Head and Shoulders buy signal 4 days ago: The long-term target of 41300 is intact but as the price broke above the 25250 August 15 High with force, we are taking our perspective on the more short-term again, on the 4H time-frame. As you see, if we...
This is Bitcoin (BTCUSD) on the 1W time-frame against the Gold/DXY ratio. As you see, since 2016 the Gold/DXY ratio has been a leading indicator to BTC's trend on the long-term, filtering out what's needed. In the last two Cycles, the ratio bottomed out first before BTC, broke above its Bear Cycle Support and posted a Bull Flag before BTC and topped before BTC....
Cryptocurrencies rose when money was sloshing around cheaply, and suffered when the Federal Reserve began raising rates. More recently, it tumbled on fears of cash starving at banks, and is benefiting from the shoring up of SVB depositors. The better market mood is helping BTC/USD recover, and it stopped only at the 4h-200 SMA, and after entering overbought...
After probing the 19K area low, Bitcoin appears to be "bullish" again. That is if you tend to "react" to price information. The 20K break is significant on the broader time horizon AND further confirms the idea that Bitcoin is in the midst of a Wave 2 correction. Two things I will point out in this article: how to evaluate Wave 2 AND how to maintain an EFFECTIVE...
Bitcoin (BTCUSD) hit its 1D MA200 (orange trend-line) for the first time since January 13, which was half-way through the first rally of the new Bull Cycle. The long-term pattern since the November 21 2022 bottom can be seen as a big Inverse Head and Shoulders (IH&S) that has started to form the Right Shoulder. The short-term Resistance is the 1D MA50 (blue...
I'm watching the DXY carefully. It is long overdue for bounce since peaking in September. With the DXY threatening to spike and Bitcoin jumping 66% from the $15k lows to a key resistance level at $25k, it wouldn't surprise me to watch the DXY to run for a bit while Bitcoin retraces. Naturally it makes sense if the dollar index becomes stronger that every thing...
BTCUSD is about to make a critical 1D MA100 test. This is important because in the two rally sequences of the previous Bull Cycle, as long as the 1D MA100 supported, the rally was maintained to the very top. On both instances, the top was at least on the 2.5 Fibonacci extension. The first top of the current rally was in February and its 2.5 Fibonacci extension is...