After a huge price drop experience a few months ago, BTC found its reversal point at 61.8% fib! After that Bitcoin continued to rise and so far it trades around 48000 price level! IMO, and according to fib extension for the coming months, we might see Bitcoin create a new higher High at around 70000 price level! What do you make of this? is 70000 archivable?
Our updated chart for you all. Price is still in the channel. The middle of the channel did manage to Hold as support and the price has now risen above the mid of the channel and the crucial 46580 support level (yellow) The Bears must be scared or even start to have animal orientation issues, some of the might be looking in the mirror trying to see a bull......
If I have learned something in my +5 years trading crypto is that BTCUSDT can pump any time and anywhere. We had a few strong PUMPS after periods of downtrend in this recent bull market. I'm opening a long position right here, we might get a PUMP similar to the last one. In the thicker lines, we can see the Weekly Support and resistance, and in the dotted...
Bitcoin - Intraday - We look to Sell at 45174 (stop at 46104) Trend line resistance is located at 45200. Daily signals for sentiment are at overbought extremes. A lower correction is expected. 20 4hour EMA is at 45270. 50 4hour EMA is at 45350. We look for a temporary move higher. A break of 43800 is needed to confirm follow through negative momentum....
Bitcoin price struggled to recover above the $46,000 resistance against the US Dollar . BTC could continue lower below the $44,200 support zone in the near term. Bitcoin is facing a major resistance near the $45,500 and $46,000 levels. The price is now trading below $45,000 and the 100 hourly simple moving average . There is a major bearish trend line forming with...
BTCUSDT correction started following the formation of and ending diagonal
Bitcoin - Intraday - We look to Sell at 47588 (stop at 48404) Daily signals for sentiment are at overbought extremes. Momentum is stalling with the posting of new highs and indicates bearish divergence. Pivot resistance is at 48190. Trend line resistance is located at 47600. Preferred trade is to sell into rallies. Our profit targets will be 45304 and...
This is how it looks in a weekly frame. I have saved my money and I won't take a BUY position until it closes above the upper line of the channel.
Strong support at 42-43k level (20week MA and previous resistance) and two overhead resistance before new ATH towards end of the year.
Bitcoin is going to continue to its strong uptrend up to 50K resistance and after that I think Bitcoin must have a correction from there. If everything goes well I expect 42K for bitcoin after 50K. Good luck
Bitcoin - Intraday - We look to Buy at 46616 (stop at 45648) Daily signals are bullish. There is no clear indication that the upward move is coming to an end. 20 4hour EMA is at 46600. Previous resistance, now becomes support at 46500. Our profit targets will be 49328 and 49988 Resistance: 48000 / 50000 / 52000 Support: 46800 / 46200 / 45500
i think the price will touch 42600_43000.hold eth+sol+vet+link+ada+dot+matic+cake+uni+bnb+xrp and buy tastenft (last day 1000 percent🤑)(buy taste nft)
btc is gonna give asw apull back as shown in my analysis watch and see
as it shows in the chart its a third time btc attempt to cross the 46350 but didnt make it if she could cross then red flash is the target but else follow the green flashes. dont forget even all coins movement are depend to btc movement. "not suggested to sell or buy"
Market Cap $871,550,085,548 24 Hour Trading Vol $34,984,276,782 Fully Diluted Valuation $974,330,700,000 Circulating Supply 18,784,743 Total Supply 21,000,000 Max Supply 21,000,000
Using the current peak as .618 we receive 250k as the fib extension This aligns very nicely with the parabola / curve formed On the other BLX chart we can see the angle becoming more obtuse for the curve as time passes and within the previous cycles This may be indicative of BTC becoming more stable as it is ushered to the masses and properly adopted It is not...
Bitcoin - Intraday - We look to Buy at 45256 (stop at 44138) Daily signals are bullish. 20 4hour EMA is at 45150. There is no clear indication that the upward move is coming to an end. We look to buy dips. Short term bias is bullish. Our profit targets will be 48444 and 48984 Resistance: 46800 / 48000 / 50000 Support: 45200 / 44000 / 43000
Which theory do you think could be stronger? 1 - 2 or 3 4 None: For what reason?