Bitcoin (Cryptocurrency)
Why will Ethereum drop toward 2500 levelLiquidity is slowing off Etherum toward Bitcoin as show on the ETH/BTC pair
structure at lower timeframe is respecting the 50% fib level and also trending downward inside the channel , as it repeats is similar pattern!!
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Bitcoin PATTERN - BTC Roadmap to NEW ATHBINANCE:BTCUSDT
👉 Trendline Analysis: BTC has been consolidating directly underneath the resistance zone - BULLISH
👉 Candlestick Analysis: Three white soldiers in the 2W timeframe - BULLISH
👉 Technical Indicator Analysis : Price has cooled down after being "Extremely Overbought", moving averages holds - BULLISH
Technical Indicator Monthly Timeframe:
Technical Indicator Weekly Timeframe:
There is really only one concerning matter, and that is from a potential near term scenario:
❗ Pattern Analysis: Potential for M-Pattern to form, medium risk: BEARISH
The candle closes of the next two weeks are crucial in determining how this pattern will play out.
For further reading, here's the initial Elliot Wave analysis on BTC:
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$BTC Bitcoin...Transition 4m falling channel to head & ShouldersFrom my previous CRYPTOCAP:BTC bitcoin analysis, Bitcoin successfully retested the rising channel for higher prices.
Current Price: $69800
On closer observation, Bitcoin has further transitioned from a Falling Channel to now an inverse head and shoulder pattern with neckline resistance around $71,500
If Bitcoin is going to move to higher prices then price action need to break key resistance btw 71500-73000 to make All time highs up to 84k. This will cause altcoins to rally for higher prices.
Else if #Btc continues to reject $71500, then expect retest of previous support: 67k. Consequently altcoins will further lose value.
R2F Weekly Analysis - 8th June 2024 (ICT Concepts)Welcome to another R2F Weekly Market Analysis using ICT Concepts along with my own discoveries. I'm going to go through various assets/markets, and give a real-time view of how I perform my analysis on the weekends. I'll give my take on what has been happening, and what I'm expecting in either the coming days, weeks, or months. Without further ado, let's get into it!
We had a big displacement to the upside on the DXY, causing many diametrically opposed assets/markets to fall hard, closing the week near their lows. As mentioned, I was waiting to see if we found support at the current monthly iFVG/OB. My only concern for us breaking lower on the DXY is the relative equal lows below, but if we did I believe it would be a fast one and recover back to the upside. My analysis is still fixed on a bullish scenario for the DXY, so i'm waiting for more confirms in the for of less bearish arguments and more bullish arguments to form.
- R2F
BTC Bitcoin Technical Analysis and Trade Idea - Where To Next?In thist video, we present a concise analysis of BTC Bitcoin. After recent bullish momentum, the asset has become overextended trading into resistance, and we are now seeing a significant retrace into support. Our primary objective is to pinpoint an appropriate buy entry point within this critical support zone, assuming that price action aligns with our analysis from the video.
As always, the video offers valuable insights into trade entry points, trend analysis, market structure, and price action. It’s important to note that this content serves an educational purpose and should not be interpreted as financial advice. 📈🚀📊
An increased inflow of funds into Bitcoin ETFBitcoin moved higher lately, breaking some key resistance barriers. This might have been initiated by the inflow of new funds into the Bitcoin ETF.
#BTCUSD EASYMARKETS:BTCUSD
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BTC/USD Technical Analysis and Trade IdeaDuring the recent rally, Bitcoin (BTC) displayed significant bullish momentum. In our video analysis, we delve into a potential buy opportunity, provided that price action aligns with our entry criteria. We look closely at the 1H chart:
1: Market Structure Breakout: The previous bearish trend has been disrupted by a bullish breakout in market structure.
2: Long Bias: While my bias leans toward a long position, it remains contingent on price action developments retracing into my fibo zone as outlined in the video.
Please note that this content is for informational purposes only and does not constitute financial advice.
BTC Bitcoin Technical Analysis and Trade IdeaIn this video, we discuss a #BTC #Bitcoin trade idea based on bullish price movement As always, the video covers my trade entry points, opinions on trend analysis, market structure, and price action. Remember that this information is educational and not financial advice. 📈🚀📊
BTCUSDT - Market Analysis (ICT Concepts)Hi everyone,
Here is a quick analysis on Bitcoin using predominantly the Monthly and Daily chart for my analysis.
We see a reaction from a Monthly Bisi with price moving higher. On the Daily timeframe for a closer look, we see that there is a Premium Sibi and a Discount Bisi. So we may see some back and forth movement between the two. But, I will be looking for where the Daily candle(s) close in the Premium Sibi, either inside/below it, or above it. This will likely determine my next course of action. I provide further analysis in the video so do check it out.
- R2F
BTC (Y24.P2.Video 2). Bullish outlook and reasonsHi traders,
I do see a bullish structure and give reasons as to why.
Is there trading opportunities, yes, coming with a scalp mindset.
I give levels and hence we look for sfp's setups for this scalping approach.
Please give me a like and share,
Regards,
S.SAri
$btc bitcoin price action fake out? or Retest for higher prices?CRYPTOCAP:BTC Bitcoin's price action is currently in channel
Current Price: $67500
As price action has broken out of the channel, there are two possibilities:
A fake out has occurred and bitcoin will further break down to lower supports 64k, 60k
OR #bitcoin is retesting channel support to attempt higher prices up to $79k (price discovery)
Ethereum to Lead The Alt Season!Hi guys,
Related to my recent analysis on ETH/BTC, we could very likely see ETH/USD(T) making some big moves, which is already starting to do. This would be very bullish for alt coins as Ethereum leads the alt market.
Check out my analysis in the video to see how I break things down using ICT's Concepts in a very simple and easy way to determine bias and narrative. This works in Forex, Commodities, and of course, Crypto.
Happy trading!
- R2F