Hello, me dear-dear friends! Today, I have prepared a comparison chart of Bitcoin's price formation in 2020 and 2024 for You. We can see a very interesting pattern on the chart! Specifically, after forming a triangle, the price broke upwards and then halted its ascent, starting to accumulate right at the support level. That's an excellent signal, in my...
Over the past 15 years, Bitcoin has consistently exceeded projections and expectations. In just over a decade, its value has surged from mere pennies per coin to over $50,000 by 2021, capturing global attention. As of June 2024, Bitcoin's price hovers around $70,000, with the next major milestone being the highly anticipated six-figure mark. While reaching...
#bitcoin #btc has formed bearish divergence although the price breakout the ascending channel. Better to be careful. Not financial advice.
In the daily timeframe, Bitcoin is navigating within a defined trading range, characterized by a descending channel with a gentle slope. This pattern suggests a period of consolidation following the substantial bullish momentum observed earlier in the year. The channel's boundaries are formed by resistance around the $73,000 level and support near $60,000. The...
Bitcoin has rejected the 70k to 72K resistance area AGAIN. This failed breakout may lead to a retest of the 64K to 66K support zone in the coming week. IF 64K is compromised, it will imply that the current minor impulse structure is not valid and reinforces the argument that price is likely to consolidate further. This scenario opens the possibilities of testing...
hello guys... as you can see, the price broke the triangle so we can consider btc will reach to FWB:73K area at least! on the other hand, it is sticking between the last trendline and breaking the bottom line of the ascending channel. I think it will be on a compression for a while and then it will start an upward movement! the last...
- i always said that this bullrun looks much more as 2015 - 2018. - 2019 - 2022 BearMarket was disrupted by Covid. - Double top ATH (end 2021) was combined with a large divergence. - Consider that the first 2021 ATH was the real one. - this graphic is not a price prediction but you can consider it as almanac. - if story repeats next ATH would be before end of...
Based on the chart, the maximum correction that Bitcoin might experience is down to $67,000. Observing the range between $70,000 and $67,000 is crucial as there is a high possibility of an upward movement from this area.
#btc #bitcoin price didn't cross the major resistance area at 72K and then heavily dumped. Thus, a bearish double top has been formed. Short term bounces may be necessary but the continuation is bearish. In lower time frame, #btcusd is moving in the ascending channel. By the way #gold and #silver heavily dumped, too. It seems rumors have been sold and the news...
Bitcoin moved to the 4-hour support range of $70,500 - $70,150, found support, and then hit the resistance at $71,500, where it was initially rejected. If Bitcoin breaks this resistance, it could move towards higher targets. Over the weekend, expect it to range within this area and complete a pullback before continuing upward towards $75,000. Currently, it is...
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.
Hello dear traders. Hope you're doing ok. This is my #btc expectation in the short and mid term. Let's get down to the nitty-gritty of the PA. Price MIGHT take out yesterday's low, fill the FVG, and then continue the upward momentum. If not, we'll move towards the clean highs at the top of the range, and the PA will be of significance there. I will definitely...
✅BITCOIN is approaching a supply level of just below 74,000$ So according to our strategy We will be looking for the signs of the reversal in the trend To jump onto the bearish bandwagon just on time to get the best Risk reward ratio for us SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
BTC Price Analysis: Poised for Increased Volatility and Potential Growth Bitcoin (BTC) traded around $70,800 on Wednesday's opening, with insights from Glassnode suggesting that the largest digital asset could be primed for increased volatility if it reaches a new all-time high in the coming days. Insights from Glassnode Key metrics from Glassnode highlight...
with extended trendlines we don't need to be heros's as speculators Patience and letting price action CONFIRM a trend change is CRUCIAL .... Encouraging signs nonetheless!
Yesterday, Bitcoin again tested the resistance near $70,000 but failed. After soaring to $70,258, it quickly dropped below $69,000, where it currently trades. Overall, not much has changed from a technical perspective since our previous update; merely the sideways trend of a lesser degree became more apparent, with Bitcoin struggling at the $70,000 mark. As such,...
#bitcoin #btc price has formed a bearish RSI+ Stoch+ MACD divergence in lower time frame. Minor correction may be necessary. Not financial advice.
Hello, everyone! 🩷Have we finally made it? Is Bitcoin really about to surpass all previous highs? 🙏We’ll find out very soon, and I think it’s quite possible! Fingers crossed! 🤞 Bitcoin is rapidly gaining momentum, and this is a great signal that we are on the right track! Many of you have seen my chart where I analyzed some price movement algorithms, and we are...