Bitcoin was unable to continue its growth trend, which began in May through the range of $72000-74000. Buyers were not even able to update the previous local high and were immediately hit back: Buyers were unable to hold the local range of $68000 to continue the upward wave from May. And the worst part is that bitcoin's decline is happening on small...
Bitcoin can give us a bullish week. There are high possibility to see BTC above $70.000 again this week, but first the price need to push above the main trendline. Next, $67.000 is a strong resistance on the short term, so the cart will turn bullish only if this resistance will get broken.
Hello Traders, Bitcoin is taking support in our given zone from last few days. Also today it took support of EMA 100 (Daily TF). Checkout the latest update in this video
This looks like the most interesting long setup in crypto mining should the opportunity present itself. In the short term, I think price will likely continue up into the $1400-1500 range. If price can't break through that level, I think it'll be a great short. If you look at the correction so far, we've only had 2 legs down, I think the 3rd is yet to come which...
In the long term, USDT dominance is in an uptrend. Within this trend, it often rises slowly, suppressing Bitcoin and altcoins, sometimes sideways, sometimes causing price declines. Then, with the sudden drops that follow, it puts Bitcoin and altcoins into a very sharp bull season. Right now, USDT is in an uptrend. I think that Bitcoin will enter a sideways channel...
BTC Trendline Breakout, so market may retrace to Fibonacci levels 0.5(63919) or 0.6(62196)... After reaching these levels, BTC may either Bounce or change from Downtrend to Uptrend. I want to help people Make Profit all over the "World".
Mixed trading signals are anticipated for the next 24 hours in the crypto market. Bitcoin is experiencing tropical conditions, pointing to strong buy signals and a rebound from these levels. Bitcoin fell below $66,000 on Monday morning, extending last week's decline due to new U.S. economic data. After nearing all-time highs above $71,000 earlier this month,...
Price is with a range from 72k to 58k, with price pushing lower and trading within the 66k lvl. With the FED holding rates at 5.50% and signaling that it may hold rates at current lvls for longer, it is hitting the crypto market. There is a lot of self-fulling prophecy out there about when the FED will cut rates, with some looking at the timeframe being in...
BTC / USDT After many liquidation cascades in last few days BTC has reached one of most important support in this boring range (109 days !) The level between 66k-64k is considered to be the mid line support of the big channel 1- If it hold above …A new bullish wave will form and may be even a new ATH 2- If it failed to hold … the price will drop to test the...
#Bitcoin is sitting around $66,306.30, flirting with the 50-day moving average, a critical line in the sand. We've got solid support at $65,551 and resistance up at $71,452, So watch for a break below $65,551 for a potential drop to $60,364 or $57k. Volume's low, signalling consolidation. If BTC holds above the 50-day MA, a push towards $71,000 is on the cards....
Hello everyone, today I decided to do a quick update before I come back with Q3 update in July. I haven't planned to do more updates this month, but I noticed something very interesting in my opinion and I think that more people should pay attention to it. As I said before - my Base Case for Q2 was that this quartal may be the BAD time to Invest in BTC for a...
I was caught off guard when everything started going up. The old saying sell in May and go away wasn't the perfect play this year in 2024. May served as a trap, the way it was done is kinda crazy. Sometimes it seems as if these algorithms are at the perfect equilibrium all the times. With that being said: After the summer things will start heating up for ...
BITSTAMP:BTCUSD is looking extremely bullish despite the recent 4 month consolidation. For more than four months, Bitcoin has basically been moving sideways, experiencing quite volatile swings towards the upside and downside. However we should not neglect the overall bullish behaviour of Bitcoin which is still creating cycle and correction after cycle and...
No one can destroy our love for Bitcoin. *BTC will not drop below 60k and NEVER *Very similar to 2016 *Designed to grow forever(us500) * BTC ETF, Only++++++ *450k More information in future updates. MoralDisciple
Wednesday was special We rose strongly on inflation news..and We lost the rally with the interest news Yesterday there was positive news about PPI but the price decided to go sideways We are still above the 100, 50day ema We are still above the important 66k-67k Let's see the price interaction today Returning above 68,500-69,000 and a daily close will...
After gaining 27% profit in a SHORT trade, PEOPLE USDT 10x leverage pair is currently in an open P&L position of 2680% and not looking like it is over yet. I am going to hold it till I get a reversal confirmation from the Risological Indicator. What a massive trade.
Since the previous Bitcoin Impulse wave analysis got very long, here the subsequent analyses for Bitcoin Upward waves will be presented. Anyway, continuing from the last analysis; the correction started when Bitcoin touched the major channel's upper line and the horizontal resistance area (The chart of previous analysis is provided for reference in blow). There...
In this post, we will assess both bearish and bullish scenarios with detailed reasoning to help you make informed decisions, whether you're trading or investing. BTC/USDT is currently trading at $67,087.98, just above the 50-day Simple Moving Average (SMA) and $65,551.00, a critical support level. The price has already broken below a key pattern, signaling a...