Bitcoinidea
Bitcoin -> Make It Or Break ItHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Bitcoin is once again retesting major previous weekly resistance from which we saw a quite harsh rejection towards the downside at the $31.000 level.
However you can also see that weekly market structure is still very bullish, Bitcoin is still creating higher highs and higher lows and there is always a higher chance that momentum continues so I am now just waiting for a clean break above the resistance and then I do expect another bullish rally.
On the daily timeframe you can see that Bitcoin is currently not able to break above the strong resistance level so we might see another retest of the $29.500 strong support zone and then I do expect a bullish rejection away from the support area.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
$BTCUSD - MetaSignalsPro - NEUTRE👉 Mon plan d'action / Prochaine étape
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⛔ Pas de trade pour moi dans cette situation
✔️ Possibilité d'un petit SHORT
🎯 Prochain objectif possible : 29 300
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📌 Unité de temps principale H1
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👉 TrendDOWN : ON
⌛️ Observer la rupture de la Ligne de Tendance en Temps Réel
🎯 Le Fibo 23.6 devrait être testé en premier
📌 Unité de temps supérieure H4
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👉 TrendUP - ON
👉 Sortie de la Ligne de tendance en Temps Réel : FAIT
⌛️ Probable PullBack dans le nuage bleu
🎯 29 300
$BTCUSD - MetaSignalsPro - NEUTRAL👉 My Trade Plan / Next Move
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⛔ No Trade for me in this situation
✔️ Possible small SHORT
🎯 Next possible target : 29 300
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📌 Main Time Frame H1
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👉 TrendDOWN : ON
⌛️ Watch the breakout of the RealTime TrendLine
🎯 Fibo 23.6 should be tested first
📌 Upper Time Frame H4
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👉 TrendUP - ON
👉 BreakOut of the RealTime TrendLine: DONE
⌛️ Probable PullBack in the Blue Cloud
🎯 29 300
BTC - Bearish for SHORT TERM🐻Hi Traders, Investors and Speculators of Charts 📈📉
After closely monitoring the market trends following our previous idea of shorting until the 25K support zone, it has become apparent that there is a notable increase in selling activity. Despite witnessing a decent rebound initially, it was met with an equivalent level of selling pressure, resulting in the price experiencing a downward trajectory with lower highs.
Furthermore, it is crucial to take into account the occurrence of a multiple bearish patterns in the daily (short term) timeframe including a double top, Head and Shoulders pattern and Bearish M patterns.
These technical chart-analysis patterns typically indicates a reversal in the price trend and suggests a bearish outlook for the short term. It implies that the market has made two unsuccessful attempts to surpass a certain price level, highlighting the presence of significant selling pressure and a potential decrease in investor confidence.
NOTE that although I am still bearish for the SHORT term, I remain bullish in my macro perspective.
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From the Fibonacci Retracement Macro perspective, we can see the price is still in the upper resistance zone; right underneath the 1.618. What we DO NOT want to see from the monthly timeframe is a close UNDER the support at roughly $25K. This would drive the price down to find more buying pressure around $20K.
BITSTAMP:BTCUSD COINBASE:BTCUSDT INDEX:BTCUSD BITFINEX:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSDT BYBIT:BTCUSDT BITGET:BTCUSDT CRYPTOCAP:BTC GEMINI:BTCUSD BINANCEUS:BTCUSDT PHEMEX:BTCUSDT
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bitcoin Trend Explain in a monthly time frame in this video i want to explain you about bitcoin condition we just brake down blew the trend after retest its rejaction and you can also see the double top on bitcoin so please be care full dont invest all money whales can do any thing if market stable above resistance then we will update you thank you take care
Bitcoin Loving This Pattern.Will It Cause BTC To Dump To 25.1K?BTC Bear Flags been playing out one by one.moving BTC further down.
After dumping to 25.8K btc did not bounce backup showing signs of weakness and forming a bear flag too.
Bitcoin couldnt even retest the support line of the previous zone.Wating for 25,1 today.
Thanks for watching
Halving High Pressure Zone? 🙌🏻 This could be the answer 🤔 In this video we explain a new item we found in the chart which we call the "Halving High Pressure zone". As we approach the halving date there is ever increasing downwards pressure on the bitcoin price. After the halving, as we move away from the halving date this downwards pressure decreases which results in upwards price movement. Could this be half the answer to why mini-bull markets form? Check out this video. Thanks for watching!
BTC Heading for a Catastrophic Collapse Because of These ReasonsBitcoin exited the Support Trend Line of the Bear Flag while having a EMA Death Cross.A Recipe For Catastraphic Collapse with SPX and NQ1 crash as a cherry on top.
I highly recommend you to watch this video untill the end
Thanks for all your support
Bitcoin -> The Turning PointHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that as we are speaking Bitcoin is approaching a quite strong previous weekly strcture area which is now turned support again at the $26.000 level.
You can also see that market structure and moving averages are bullish, Bitcoin is also creating a bullish uptrend channel over the past couple of weeks so I still do expect more continuation towards the upside from the current levels.
On the daily timeframe you can see that market structure is about to shift bearish, yesterday Bitcoin managed to once again reject a quite strong previous daily support zone at the $26.800 level so we could still see some upside potential from the current support zone.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:






















