Bitcoin (BTCUSD) almost tested the Higher Lows trend-line that started on the October 12 2023 Low, which is technically the bottom of the 6-month Bullish Megaphone pattern. Having a notable Resistance on the 1D MA50 (red trend-line), which is where BTC last failed to make its bullish break-out, if this level holds, then we can expect a strong Bullish Leg such as...
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...
Today Bitcoin has hit the last level of Support for the Bullish Trend that has persisted since October 2023. This comes after making a new All Time High but failing to truly capture the prior All Time High by closing decidedly above it on the Weekly/Monthly. The Level in question price has hit is a medium-significance Volume Profile level from the bullish trend....
Hello Traders ! On The Daily Time Frame: The Bitcoin Formed a Double TOP Pattern. Yesterday, The Price Broke The Neckline ! So, I Predict a Bearish Move 📉. __________ TARGET: 53100.00🎯
Hello, friends! Today, I wanna share with You my short-term analysis of Bitcoin.👇 Note that the price has broken through the purple 🟣 and the orange 🟠triangle. Currently, the price is attempting to test the resistance level 60 000 (the lower triangle line) and it's likely that we'll see a price decrease to the levels of 56,000. If we fail to establish...
The last 2 days are very negative for Bitcoin. The market is currently trading around 57000. Here are the important key levels to watch. Resistance 1: 59200 - 61300 area Resistance 2: 66850 - 69100 area Resistance 3: 71600 - 73800 area Support 1: 52200 - 53000 area Support 2: 50500 - 50700 area Support 3: 46900 - 49100 area If the market closes below the...
The recent analysis of Bitcoin's price dynamics on the Binance exchange, captured on a 4-hour chart, indicates a significant bearish trend. The price has notably broken below a dynamic support within a descending channel, punctuating a swift decline in market value. This descent is further emphasized by a failure to hold above the support around the 51K area,...
This is an update to my previous Bitcoin short idea. Price reached above 50% of the range which means it has reached the minimum premium for shorts being viable. I will monitor price action in the current Daily Order Block and see if we move lower from here. There is a resistance trendline with Buyside liquidity so we may still reach higher into the zone from my...
This was a wonderful trade setup on shorting bitcoin, this was the analysis few weeks ago! We might see a slight pull back from here, or we can see another meltdown cause of weakness !! keep an eye on that level! thank you and follow me for more analysis
Hello, fellow traders and investors! 😊Let's dive into the latest analysis of Bitcoin's price movement. As we assess the current market conditions, it's evident that we remain within a medium-term downtrend. Despite recent attempts to break above the main descending trendline, the price has failed to sustain upward momentum. This failure to breach the...
Bitcoin was doing low high price went side way for long time it is the time for correction rebuy BTC from showing LVLS Keep stop lose the price will go up and it is target 80K lvls Best Regards
BTC possible movement towards $55k zone before continuing it is own rally, which will allow alts to make some moves. On the long-term view, BTC peak end 2025/early 2026 could reach around $900k
Logarithm. Time frame 3 days. Rising channel. The chart shows key support/resistance levels for working in a local trend. Code zone 273 or synchronization specifically with the price of $ 27,3 00—this is the main key break zone of the downward trend. We are now in the zone of the previous distribution of the 2020-2021 cycle. Scale for understanding.
#Crypto creates many parabolic moves as they are reflexive assets fuelled by Fear and Greed. I am currently on alert that we may have a parabolic rise on our hands. And we could #BTC double to reach very close to that $100K level BEFORE summertime. Our #Alts could go beserk but we must have some sort of selling plan in place. You need to come up with your...
#bitcoin #btc has lost the falling channel support and now hanging below. Former trend support is now resistance. #btcusd price may test the orange box. This is also the bearish retest. Declination will cause dump to continue. Not financial advice.
🌟 Bitcoin's Breakout Surge: Professor's Big Charts Revealed 🌟 Part1 was a Legendary one with amazing, pin-point precision from miles away: 📈 Live Analysis Watch thean in-depth journey through Bitcoin's latest surge as we go live on TradingView. Get ready for a session packed with insights and the unveiling of the Professor's big chart. Join us: Live Stream:...
🌟 Bitcoin's Breakout Surge: Professor's Big Charts Revealed 🌟 📈 Live Analysis Incoming! Prepare for an in-depth journey through Bitcoin's latest surge as we go live on TradingView. Get ready for a session packed with insights and the unveiling of the Professor's big chart. Join us: Live Stream: www.tradingview.com 🚀 The Breakout Chart Breakdown Witness the...
A probable strategy for corrections and impulsive moves of #bitcoin #btc in 2024. Not financial advice.