Since the beginning of the year, Bitcoin is in an up trend contained in a nice rising channel, and after the break of the corrective falling wedge that followed the high of the year, the price rose again and for 3 weeks already is consolidating in this 30k zone. This consolidation has formed a rectangle pattern which normally is a continuation pattern. I expect...
It seems that Bitcoin managed to complete the correction structure of Double Three Correction(WXY) in the last three days. The 💡 Sign 💡 of the completion of the Double Three Correction structure can be the breaking of the support line . ➕Also, if we look at the RSI indicator in the 1-hour time frame, we can see the 🗻Double Top Pattern🗻 , and I expect the...
BTC holding 30K after blackrock refiled the application.At the same time BTC looks very weak.will this 30K hold become bullish or bulls are out of breath ? Thanks for watching
Past Performance of Bitcoin Bitcoin prices were technically unmoved over the weekend, looking at price charts. Therefore, while there was a notable contraction on July 6 at the back of expanding volumes, the rejection on July 7 relieved buyers. Still, from an effort-versus-result perspective, sellers have the upper hand in the short term. This can only change if...
Bitcoin has NOT seen an upward or downward Sharpie movement for about 12 days and is moving in the form of a Range market ; this Range movement generally causes the formation of a Rectangle pattern . Bitcoin is currently moving above the rectangle pattern and the 🔴 resistance zone($31,420-$31,220) 🔴. 💡 Signs 💡 of Bitcoin falling again from the resistance...
Past Performance of Bitcoin Bitcoin is lower when writing, dropping towards the $30k level. The sell-off stems from developments on July 6 and follows a refreshing surge to $31.3k before tumbling to spot levels. Despite traders--and the general BTC structure supporting buyers, the failure of buyers to push prices above the April high is a concern. Subsequently,...
Past Performance of Bitcoin Bitcoin prices slipped on July 6 but remain bullish, per the formation in the daily chart. At spot rates, the coin remains within a consolidation, moving tightly inside a $1.5k zone with caps at $31.3k and $29.8k on the lower end. Technically, buyers have the upper hand, but there can be more upsides if traders shake off the current...
Hi everyone👋 (Reading time less than 2 minutes⏰). First, I recommend you look at the 4-hour Bitcoin chart I shared yesterday.👇 Bitcoin started to decline after contacting the upper line of the rectangle pattern ; the first support in front of Bitcoin was the uptrend line . Bitcoin managed to break the uptrend line (as I expected in yesterday's post) and...
Past Performance of Bitcoin Bitcoin prices are steady and bullish despite the contraction on July 4. Overall, the $31.3k remains a critical buy trigger level. For the uptrend of June's last few trading days to continue, there must be a comprehensive, high-volume close above this level. Even so, aggressive traders could find entries to load on dips above $30k in...
Bitcoin printed 8H candle stick that shows exhaustion in the market and will start the sell off the video is about btc mostly but I published it while being on ETH.fix this tradingview let us choose what category we want it.OHN JEEZUS KRIST Thanks for watching
Past Performance of Bitcoin Bitcoin prices are firm when writing, floating above the FWB:31K level as the recent consolidation proves to be an accumulation. How fast bulls will push above $31.3k and even new 2023 highs will determine the speed of the rebound after the slowdown in the final days of the last days of H1 2023. #Bitcoin Technical Analysis From...
Past Performance of Bitcoin Based on the candlestick arrangement in the daily chart, bitcoin prices are in a tight range. Even though the uptrend remains, the past few trading sessions have been volatile, but prices remain within the $31.3k and $29.3k zone. Therefore, the rejection of lower prices could support bulls. However, conservative traders can opt to...
Bitcoin managed to form a Rectangle Pattern on Saturdays and Sundays when the trading volume was low. I expect Bitcoin to react to the upper line of the rectangle pattern and the resistance line as the week begins and Bitcoin to fall to the bottom of the descending channel. Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for...
We predicted that Bitcoin would lead the way! Bitcoin experienced a significant upward breakout with substantial trading volume, reaching levels not seen since mid-March. This leads me to believe that Altcoins will soon follow suit. As Bitcoin gains momentum, the entire market tends to experience growth. However, it's important to note that when Bitcoin...
Bitcoin can consolidate here and even make a new high before a complete crash. These 3 upcomin days very important specially sunday due to quarterly close Thanks for watching
Past Performance for Bitcoin Based on the performance in the daily chart, bitcoin prices remain volatile and choppy. Even though the primary trend remains northwards, there are hints of weakness, looking at the candlestick arrangement. The only positive is that sellers have been unable to break below the $29.8k and $30k primary support. The $31.3k is a...
Looking for further upside into wave {iii} as we seem to have a potential bottom in place. We reached 61.8% of (c) vs. (a), where we ideally would have liked to reach equality. Looking for further upside and a break of wave (b) to then look for longs, or else we could double correct lower. Feel free to ask me questions and trade safe!
Past Performance of Bitcoin At spot rates, there is nothing to write home about BTC. Prices remain within a consolidation, moving below $31.3k and above the primary support zone at between $29.8k and $30k. Even though buyers are optimistic, the rejection of higher highs can be a concern for bulls. Still, with prices consolidating horizontally, the breakout...