Bitcoin with ticker BTCUSD is coming down out of the wedge pattern and it looks to have a completed wave (5) of 3, so we should be aware of deeper, higher degree (A)-(B)-(C) corrective setback within wave 4. It can actually retrace the price back to 64k - 59k support zone before we will see a bullish continuation for wave 5 of III.
I have been waiting 3 days to get a confirmation of my bias for CRYPTO:BTCUSD wether this hypotheses is valid or not. 3 days ago I drew this chart and after 3 days it kind of confirmed my bias and I decided to share the idea. According to this chart, Bitcoin will see, or has seen a drop to previous lower levels. When the halving hits, we will see a significant...
Hello traders! The Xau/Usd pair is still consolidating for the move. You have to wait for the breaks. Target Buy: 2195.90. Target Sell: 2120.800. Be careful! Don`t forget to look at the economic calendar! MAKE MONEY AND ENJOY LIFE 💰 THANK YOU! GOOD LUCK! 🙏🏻🙏🏻🙏🏻
Just a quick update on my analysis, I believe Wave 2 has ended and we should see prices fall dramatically with critical resistance stop level at $63,469. I will post a full break down once we start moving lower.
If you look back in Bitcoin's history for the past 3 cycles you can see that after breaking the previous all time high it has about 280 days to 350 days before reaching to the top. Also take a look at the long term trend line which has been very strong throughout the past 9 years. In 2022 Bitcoin dropped under $20k and in 2023 it was a major resistance before...
If you compare the previous tops towards the following bull-run there is an interesting pattern, and we're here right now. I suspect the bottom is near for this mid bull-run pullback! THIS IS NOT FINANCIAL ADVICE THOUGH ;)
We are presently navigating the concluding phase of Wave 2. The conclusion of this wave will signify the end of Wave 2 itself. A definitive indication that Wave 2 has concluded will be observed when we break below its inception point at $61,544. Significant effort and attention has been dedicated to thoroughly analyze this structure, ensuring we have a clear...
As we dissect the price trajectory of Bitcoin over the recent weeks, a few patterns and key levels stand out sharply. Beginning in early February, Bitcoin embarked on an aggressive bullish rally, swiftly climbing past the resistance at $51,000. This upward movement was met with a period of consolidation before continuing its impressive ascent, reaching the...
Weekly RSI is approaching 30 again. Historically, this has signaled the cycle bottom . Whether you consider this a 4-year-cycle bottom, or a local bottom within a mega cycle , it doesn't really matter. All that matters is that a bullish reversal is just around the corner, and we likely won't see another buying opportunity like this for a few years. Could price...
Bitcoin (BTC/USD) has broken below the level of 68,653.20 which has been identified as a pivot point. Could price potentially fall all the way down towards the 1st support? Pivot: 68,653.20 Support: 62,920.23 Resistance: 73,415.98 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can...
If Bitcoin cannot pass the 3rd peak quickly, we may encounter a chart like this in the bottom regions I expect as we enter 2026. If the collapse I expect in global stock markets affects Bitcoin as well, there may be a decrease of approximately 90%. BITSTAMP:BTCUSD INDEX:BTCUSD
Bitcoin found a support at $64,360 and is having a bullish pullback, however IMHO, it is temporary. Below $69,654, BTC will be under bearish pressure. A sustained price action below $69,654 will push BTC price to re-test $64,360 and, possibly, lower to the key daily support at $59,920. Bitcoin has to move bullish and break through $73,423 for another bullish...
CRYPTOCAP:BTC We are now on the elusive 2nd monthly higher lows. Historically, this 2nd higher lows on monthly data is the "HINT' everyone is waiting for. The probability is too high at this point in time. Stay seated. HOLD. Spotted at 27k TAYOR. Safeguard funds always.
Apologies for the multiple posts on the same topic readers. One of my followers kindly pointed out that we had already hit 64.8k and I realized that I had not proof-read my work before sending out. The title of the last post was supposed to say that Bitcoin was headed to 60k not 64.8k. I have corrected this where I can but unfortunately, am not able to correct...
Traders, Bitcoin is likely to start making daily lower highs this next week. Of course, we have another FOMC meeting coming up which will add a level of uncertainty and possible volatility. I have been hoping for a retrace down to that 64.8k level (ascending multi-year support/resistance) and I think we'll get it. Above I have the proposed path that price might...
Looks like history might repeat itself which means a 30%+ pullback from the top is likely. Be save out there anything can happen in cryptoland! This would leave altcoins rekt. NFA
Bitcoin is now correcting from the 73K all time high, just above my short term high probability reversal zone (upper blue rectangle). Prices between 64.5 and 69K were highly vulnerable to this type of move to begin with and coupled with the 10K retrace of two weeks ago, there was plenty of warning for investors who understand markets. I hope you were NOT one of...
Unveiling Digibyte: The Decentralized Powerhouse of Crypto In the dynamic world of cryptocurrencies, where innovation and decentralization are prized, Digibyte stands out as a beacon of true decentralization and utility. Established in 2013 by Jared Tate, Digibyte has weathered the storms of the crypto market, emerging as a robust and resilient digital...