Bitcoin (Cryptocurrency)
BITCOIN - Back Into Trading Mode, But Here is What I Found...Yesterday, I mentioned my intention to assume a spectator role, concentrating on analysis to comprehend our current position thoroughly.
This approach allows me to equip myself with insights necessary for delivering daily videos featuring insightful trade ideas.
In this latest video, I've begun to shed new light on existing patterns, introducing fresh logic and ideas aimed at rejuvenating the trading experience through AriasWave.
With a 24-hour pause in price action, I've had the opportunity to methodically examine all the waves, providing a solid foundation for anticipating future movements.
Consider this video merely an introduction, as there's a wealth of material set to be released daily from this point forward.
BITCOIN - My Thoughts on a Possible Topping Out Process...I've presented both a bearish and a bullish perspective. However, there are certain indicators I'm keeping an eye on that suggest the bearish scenario could unfold, which I'll discuss in more detail shortly.
For now, i'd like to share my reflections on the current wave structure.
If we haven't reached the peak yet, it's likely due to flaws in my wave count, which I intend to rectify in the coming days through further analysis.
However, for now, I aim to provide a broader perspective before delving into specifics. I prefer to observe without trading to gain a clearer understanding of our current position.
While other cryptocurrencies may indicate a peak, it's essential to remember that altcoins can peak before Bitcoin. I'll contemplate these factors before revisiting the intricacies of wave analysis to offer a more precise count.
Over the next 24 hours, I'll maintain a spectator role, closely monitoring the 60,757 level. I refrain from predicting tops and bottoms without corroborating price action to support my analysis.
BITCOIN MEGA BULLISH WAVE REVISIONI'm hesitant to delve too deeply into this count, as it seems almost inconceivable.
Nonetheless, I remain open to the possibility that this chaotic scenario is far from over. My primary objective is to profit, irrespective of the market's direction.
If this move is only just beginning, then I accept that reality.
I'd rather not be the pessimist whose predictions lead to financial ruin, as that would mean missing out on potential gains.
Currently, I'll note that critical support rests at 64,528, with a target likely exceeding 100,000. However, I'm withholding final judgment until we gather sufficient evidence to validate this assessment.
Is Bitcoin ready for the next leg up?Bitcoin is fighting the short term trend.
its lost the 7 day moving average over the last few sessions. Bulls retraced and tried getting above.
The have not been successful at confirming above the key trend.
A 4 hour Head & Shoulders pattern has triggered but on watch for a potential bullish reversal.
BITCOIN - New Analysis Suggests Wave (C) of Wave D In Progress..In this revised concept, I offer my most recent analysis derived from the latest market movements.
It is my contention that we are poised to revisit lower levels and breach the current support.
Notably, resistance appears formidable at $68,993, with the target set at the support level of $59,044.
Bitcoin: has the pullback finished?Today's focus: BTCUSD
Pattern – failed high?
Support – 63,140
Resistance – 68,290
Hi, traders; thanks for tuning in for today's update. Today, we are looking at the BTCUSD daily.
After yesterday's fightback rally, we have run over a few ideas around BTCUSD. Will we see the current selloff continue despite a firm move from buyers yesterday? Will we see buyers shake off a push by sellers and follow up on yesterday's buying with further gains?
Good trading.
TOP OF THE MARKET - VRA & BTC Bearish Cases Laid Out...It seems like Bitcoin has reached its peak.
In this video, I discuss both VRA and BTC. Since I'm analyzing two cryptocurrencies, you might want to extract key levels from the video.
Several indicators are aligning to suggest a bearish scenario for these cryptos, indicating an imminent and significant price reversal.
I'll be providing updates along the way, so stay tuned for more information.
BTC last stand before going deeper correction (Y24.P1.Video4)Hi Traders,
Prior to the halving we have seen price drops of above 30%. This time is probably no different however maybe in the low 20% range. If we reach the weekly 21 ema, then that will be a strong support level.
Here we have also a bullish scenario to go long, with the 21 daily MAs.
So we have a 60 to 40 % lean towards bearish
All the best ,
Regards,
S.SAri






















