🔰You can see the analysis of Bitcoin in one hour time frame (BTCUSD_ 1H)🔍🧨 💥Considering that the price has managed to break the Down trend line🖤 and is making a pullback❗ to it, there is a possibility that the price will rise from this pullback area to the SUPPLY zone🔺🚀 ⚠❗This analysis will be violated if the price goes below the DEMAND zone and stabilizes...
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 I'll be exploring a few scenarios for a potential Bitcoin bottom. In today's analysis, I make a use of Technical...
So, the first trading week in the new 2023 is coming to an end. The week turned out to be quite calm, the price of BTC grew +2.5-3%, while altcoins showed slightly better results from +5% to +25% shown by the ETCUSDT pair. We described our expectations for 2023 in this idea: Today, the market may move a little bit, because the US unemployment rate will be...
We are in peak fear territory and everyone and their grandmother has lost interest in crypto. This is where Bitcoin makes the 10k candles.
We continue to follow our priority scenario in BTC. The decline in wave (b) is complete or almost complete. Growth in wave (c) may start from current levels or from $16662 and bring the price of Bitcoin to $17188. The $16500 level is critical for our upside markup, and if the price drops below it, we’ll change our markup.
In the past months, Bitcoin trading was boring, to say the least with the ranges becoming smaller and smaller. However, the recent low is above the previous one which could be an indication of some gains in store for the main crypto. More, since mid-December BtcUsd formed a double bottom with confirmation above 17k. A break above this pattern could lead to a rise...
As I wrote in my last chart , $15.8k would be the first target to the downside. It was just hit. Now I want to update the chart with the current thoughts being new price action has played out and the chart is becoming more clear. It looks like today's pivot might've been a short term bottom. Now that sets up a new trading range. I think we'll likely trade...
Perhaps the date is wrong, but it's just an estimate of January 13, 2023. Once we hit $11-14k it's go time I think.
Today you can review the technical analysis idea on a 1M linear scale chart for Grayscale Bitcoin Trust (GBTC). GBTC has been falling significantly and it does not look good for the firm. Though they hold a significant amount of BTC, the discount is close to 50% and climbing resulting in the value of the Bitcoin held under $10,000 in the trust. This is a mega...
BTCUSDT has formed an inverted head and shoulder pattern on an a one hour time frame. Long positions can be initiated Above 16,700 for Targets, 16,800, 16,900 and 16,930 with a stop loss near the previous shoulder 16,540. This is for educational purposes only
Evening all, Full TA in the video as usual. Some notes: IF IN DOUBT ZOOM OUT as the saying goes! This is just an idea that we are looking at in group that i wanted to share. IMO i think decision time is near with regards to a possible further leg down or a break out of the pattern and continuation sideways for an extended period of time. Take a look at the...
Hello, my dear friends! Last time I told you that Bitcoin should grow to $17200 before the crash. This pump is going to print wave C. Today we are going to consider the wave’s C underlying structure to reveal where the price can reverse. Let’s take a look at the 1h time frame on the WHITEBIT:BTCUSDT chart. I suppose that wave 3 has been finished becuase...
Hello Traders and Investors. I hope you are doing well. On the BTC chart, I marked an area where there are many preconditions for opening a short #trade. There are: - Sell band (my own crypto indicator) Unfortunately, according to Trading View rules I can't share my paid indicator for free, my ideas are blocked for that (yes that's very dumb, I don't understand...
Greetings and Happy new Year fellow Investors Traders and ofcourse beez! In our today's post we will analyze BTC next moves in the upcoming months (Q1), taking into account all technical factors that may affect the price behavior and consequently price volatility . In particular from a technical point of view, BTC after testing the area around 18400$, it created...
Bitcoin is the world’s most traded cryptocurrency, and represents the largest piece of the crypto market pie. It was the first digital coin and as such, remains the most famous and widely-adopted cryptocurrency in the world. It's the original gangster in whose footsteps all other coins follow. The birth of Bitcoin was the genesis of an entirely new asset class,...
We have indicated short-term goals with absolute accuracy, you can see this by looking at our previous post about Bitcoin. Movement in BTC is developing according to our priority scenario and we continue to stick to it. The growth in wave (a) ended at $16,900, and now the fall in the price of BTC in wave (b) to $16,600 looks most likely. If we continue to rise...
In The Name Of God, Who created the pen THE BEAR RETURN TO THE CAVE next target about 40000$ i think if power of correction wave in the primary cycle between 70% to 80% then In the future, buy bitcoin as close as possible to the double horizontal black lines . double black lines = BIG-TICKET in Investing Long-Term thank u 4 notice
BTC - WEEKLY - SHORT - SWING IDEA This is my current zone where I would like to see BTC in the next few months. According to the cycle that is going on in BTC thanks to its halving, in my opinion and the prediction of my technical analysis of the price action, we could get in this zone in the currently ongoing bear market, accumulate considerable strength and...