It is worth noting that the euro has been in a major downward trend for over 14 years (5200 days). And it's time to end it. In 2024-2025, the euro will rise. Possibly also in 2026 Proof of the great rise of Bitcoin, and that something we haven't seen before, something much better, is coming. For crypto, a weakening dollar is very important.
Bitcoin has yet to significantly surpass its all-time high, as we are still hovering just below the $69,000 mark. It might now be time that we could see a Wave (4), which should lie between the 38.2% and the 50% Fibonacci retracement levels. We believe that around 38.2%, specifically at $50,277, we might see a substantial amount of buying volume. Depending on...
If the cup handle pattern is completed and the resistance is broken at the indicated place, there is a high probability that Bitcoin will be bullish to reach the specified goals. Please leave your comments for me. #Bitcoin
I am confident in my analysis because it is a fact. If you think otherwise, you don't know what you're doing or you believe those who don't know what they're doing. See you at the top, my friends. PS Don't forget to SUPPORT and FOLLOW the analysis if you like MoralDisciple more.
Cryptocurrencies rebounded over the past 24 hours, after a week of profit taking and ahead of Friday’s options expiries. Almost $9 billion worth of Bitcoin options will expire then, an event likely to trigger price volatility, Deribit data shows. The price of Bitcoin rallied 5.5 percent to $70,862 over the past 24 hours, trading 4 percent below its all-time high....
Bitcoin has had a few people panicing recently with it's price action and how it's behaving. However if we take a step back and analyse what's going in the fact of the matter is that its acting rather normal and going through most of the routine price action it usually does. Pullbacks are common place in Bitcoin and crypto currency in general and as it stands...
CRYPTOCAP:BTC was in a downtrend with two red weekly candles, but last week BTC had an important rebound that flipped the yellow resistance line into support. Although bears sent the price below the yellow resistance line, there was a bullish rebound and BTC closed the week above the yellow line. I think there is a lot of bullish momentum still and bears should...
As the cryptocurrency community eagerly anticipates Bitcoin's upcoming halving event, there's heightened discussion regarding the digital asset's potential trajectory. With Bitcoin preparing for its third halving, traders and investors are deliberating on the opportune moment to engage with the market. The halving, an inherent feature of Bitcoin's protocol,...
Here's a slightly different chart showing how Bitcoin will likelyt proceed quickly to $100k once we break the $70K triple-top resistance, which I see happening quickly. With Fresh NASDAQ:IBIT money continuing to flow into Bitcoin and the markets, this market has plenty of rocket fuel on the sidelines to send this rocket into the stratosphere. Not only does the...
Optimism about upcoming rate cuts by leading central banks as of June, may however continue to support the rebound witnessed over the weekend, with Bitcoin rising 4.9 percent to $67.251 over the past 24 hours. “It appears that Bitcoin is trying to break higher, and our upside targets of $83,000 and $102,000 could slowly be at play,” the Head of Research at 10x...
If CRYPTOCAP:BTC keeps ranging, plan is to keep alts long open for max 2 more weeks, only then considering to look for shorts. Overall, I see this bullish short term.
Bearish target 58k-61k If we get confirmation candles above golden ratio. It is likely we will test 67k-68k. If we manage to break 68k level it is a good entry for long, likelyhood of testing or even breaking new ATH is high!
LONG BTC --> 46200 It is not a strange thing😅 . Flipped areas . Wait for a good entry point
Taken this #bitcoin swing long, we have BOS to the upside came into demand area if it repect the breakout we should move up for a new ATH
BTC drops below $61K for the first time since the start of March: Investor confidence dwindled as the market saw the first consecutive negative outflow days for the Bitcoin ETFs this month, with Grayscale Bitcoin Trust (GBTC) experiencing its biggest outflow since launch of $642.5M on Monday, followed by another sizeable $443.5M outflow on Tuesday. Fed...
I have been waiting 3 days to get a confirmation of my bias for CRYPTO:BTCUSD wether this hypotheses is valid or not. 3 days ago I drew this chart and after 3 days it kind of confirmed my bias and I decided to share the idea. According to this chart, Bitcoin will see, or has seen a drop to previous lower levels. When the halving hits, we will see a significant...
Bitcoin is sceduled to be halved April 20th, 2024 which will continue to soar. For now, these levels provide the next bullish wave.
If you compare the previous tops towards the following bull-run there is an interesting pattern, and we're here right now. I suspect the bottom is near for this mid bull-run pullback! THIS IS NOT FINANCIAL ADVICE THOUGH ;)