Hello everyone, hope you all are doing good, Not Financial Advice though. It was a massive pump to 21300 something as i said in my yearly and other Bitcoin Analysis that Bitcoin will definitely test 30k zone somewhere in Q2/Q3-2023., So What next??? lets check the possibilities what will happen. In chart i explained the 2 possibilities mostly can play out....
Hello traders, As I was saying since the beginning of the year, I expect a rise from Btc in the first part of 2023. Yesterday BtcUsd has broken above important 18k and now this level should act as support. Buying dips in this zone could have a 1:4 R:R Read my complete reasoning and my personal trade in Monday's post:
Hello! Every time when my analysis go wrong I am trying to analyse what I did wrong. There were 2 mistakes: 1) I was right too often last 3 months about the market and I decided that I cannot be wrong. Thank you market for the cold shower which expalined me this mistake. I should cancel my trade when it went wrong. 2) I placed limit order instead of...
At the moment of writing this article, Bitcoin is breaking structure. According to the Fetch Trends indicator, we've also established a new uptrend. Now, this does not mean we kickstarted a new bull run. What this possibly could mean is the end of the falling trend, and that we can expect to go sideways from here. If the bottom is not in, 12-14k are my next...
On the Bitcoin chart, on the daily timeframe, starting in June 2022, a pattern was formed - a falling wedge. To be honest, I don't respect technical analysis patterns and think that only some of them make any sense. The wedge pattern is among them. If you analyze it on history, this pattern has a high win rate on higher timeframes. I personally will not trade...
Past Performance of Bitcoin Bitcoin soared seven percent in the past 24 hours, rallying above the critical resistance line at $18.5k and shaking off the bear pressure of the better part of the last two months. Following yesterday's surge in prices, BTC is in green and looks set for the next leg up towards $20k or better in the sessions ahead. #Bitcoin Technical...
Reversal pattern continues to present on Bitcoins weekly chart. Hi, we hope everyone is having a pleasant Friday. This morning while doing the rounds, I noticed a good-looking pattern on AVAX and Bitcoins weekly charts. The pattern looks like an ending diagonal, generally seen as a reversal pattern. As noted in today’s video analysis, we would like to see...
Today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD). The current upward momentum on the BTC price may be short lived as the RSI is very high in the overbought region. I have shown two directions which the price can move towards. Keep in mind that BTC price volume is still low, which is a concern. Expect some downward...
If you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your your friends.
- Came to the area I marked in the video here -https://www.tradingview.com/chart/BTCUSDT/g0HMDQc6-bitcoin-nachalo-bychbego-trenda-2023/ here- here- I started longing since January 22 The markets are coming alive because of the injection of money into the economy through military companies that produce weapons and so on. written here money...
For a better start, let's go back to the post titled " Bitcoin Analyze_End of 🐻Bear🐻 Market❗️❓ " that I reviewed in the weekly time frame. Be sure to try reading this post to get additional information about today's post.👇 According to the post above, Bitcoin is pulling back to the heavy support zone it missed. The pullback structure is in the form of an...
Past Performance of Bitcoin Bitcoin is up four percent versus the greenback in the last trading day as the coin peels higher. The brief consolidation of the weekend has been straightened as activity is re-injected, heightening volatility. With prices above $17k and $17.5k, BTC may easily breach $18.5k as the coin turns the corner. #Bitcoin Technical Analysis...
Hello, my friends! The largest Bitcoin bear is here. Today I found the Elliott wave formation which gave me the high confidence that BTC will dump hardly next couple on days. Let’s take a look at the 1h time frame of the WHITEBIT:BTCUSDT chart. Here I am going to show you the local sub wave 3. It consists of the 5 waves. Wave 2 was represented as the triangle...
Bitcoin has broken above the neckline resistance of the small double bottom. Next target could be 18k with a break here exposing 21k resistance
Past Performance of Bitcoin Bitcoin is shaking the weakness of December, rallying seven percent in four weeks. This week's expansion is bullish since it keeps prices above $17k and December 20 highs, confirming demand. For this momentum to be sustained, BTC buyers must add to yesterday's gains, pushing and maintaining the coin above $17.5k. At this pace, BTC...
BTC Bitcoin tends to follow the stock market in price movement. U.S. stocks tend to rise during the Santa Claus rally period. The Santa Rally is considered the last five trading sessions of the year and first two of the new year. Since 1950, the S&P 500 has traded higher 78% of the time during the Santa rally period for an average gain of 1.3%. My price target...
We are testing the monthly downtrend line for bitcoin as well as another trend line at a critical resistance. I think this is a good opportunity to short the market but have safe risk management.
In this graph I explained if Bitcoin cheap or expensive for long term investment (5-10 Years).