Bitcoin has been unfolding as a five-wave bullish impulse structure since September 2020 low. Impulse indicates the direction of the larger trend.
In the meantime, we should be seeing a short-term corrective decline in the 4th waves while the price continues to move higher in wave (iii) and (v).
Buying the dip in the short-term is still advisable for the next...
Initial 6 months after each event, the % gained over length of time is eerily similar.
There appear to be different structures of uptrend after each the 2016 and 2020 halving events, but the percentages and over the length of time are noticeably similar in their result.
As it stands, it's agreeable the numbers are at least similar. BUT, If Bitcoin...
Bitcoin has shot around $1 500 higher over the past week, reaching a weekly high of $13 200. The price of the leading cryptocurrency has dropped slightly to $12 900 as of this article’s writing, just shy of the highs and the pivotal $13 000 resistance level
Three Fundamental reasons why Bitcoin is moving higher
The global markets are pricing up in an...
Has exhibits some strong bullish symptoms and broke the 12000.00 and 13000.00 levels In 15 mins timeframe its trading within a rising parallel channel the price will reach the middle line of the channel and will go up towards 13230.00 level. If its managed to broke below the channel will attract sellers
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Bitcoin has been on the rise lately. When we look at the WEEKLY chart and see the MACRO scale, we see this bullish momentum has a reasoning. Depending on the weekly close of Bitcoin, we can see more bullish momentum to 20K zones.
Bitcoin is moving inside of an important Triangle. If breakout occurs above the Triangle & closes, I will expect an immediate upwards move towards the 0% Fibonacci level. I will then enter a Long & ride it potentially towards a Monthly Key Level.($11,650) If price manages to reach that level and Break & Close, I predicate future movements towards $12,500. ...
Hello Traders, Investors, And TradingView Community,
This is our weekly BTC/USD 1-day timeframe analysis, where we are looking at the most recent events, the current technical formations, as well as discussing possible outcomes.
Bitcoin has shown some volatility in recent days after bouncing off of the 100-period moving average (black line). The...
Just a quick look at this moment we are in. I have a feeling we are heading up, but of course...Bitcoin does what it wants. Hope you and your families are doing well. Y'all be safe.
Still regardless, still feeling good about the overall long-term outlook. Cautious in the current realm.
Any tips of insight is greatly appreciated. I'm still pretty noob compared...
BITCOIN BROKE OUT THE HORIZONTAL AND DIAGONAL RESISTANCE |RETESTED AND IS NOW IN A TRIANGLE ABOVE ALL SUPPORTS| BULLISH BIAS
(1) Both strong resistance levels broken
(2) Both retested
(3) Now price above support in a triangle
(4) Wait for triangle breakout, for direction confirmation. ...
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- Ascending triangle tends to breakout to the upside
- Closing in on the top of the channel
- Heavy resistance (blue bar)
- Volume descending
- MACD bullish
If we break the traingle & res. lvl & channel...
Bitcoin has just pulled a move that it has only ever pulled 4 times in Bitcoin's short history so far and it has been 4.5 years since the last time it has made this move last!
Along every single Bitcoin Boom and Bust Cycle there is a key point where everyone always asks anyone "When do I buy? When do i get in?" Well the HODL answer to that is Buy the Dip.. and...