Hi dear traders, As we said in our last analysis on BTC, There is a need to correction for Bitcoin and this price falling is natural. Everything is explained in the video, See my previous analysis on the BTC too, It helps you to understand current market situation. Be free to ask your questions in the comments, Best regards, Zargar.
CRYPTOCAP:BTC 48k region acting as resistance mentioned in the last tweet. The market is going to test the trendline at 32k to 34k region. We have seen no weekly correction since the upward movement from 28k. #altcoins
The common assumption is that Bitcoin is crazy and unpredictable. But if we look at the big picture - A technically perfect picture appears, predictable looking at roughly a year and a half of trading. Connecting the lowest and highest points creates an ascending (rising) tunnel with parallel lows and highs. The current floor of the long-term trend is around...
IF bitcoin stay below 40K for 24 hour that mean we will dump to 37500 $ and this area very important area and my analysis say 37500 area will change the direction to bullish and will get Hugh Bumb after consolidation because the RSI indictor will be below 30 and that mean the price in oversell on daily timeframe
Here I've highlighted all the weekly CME gaps for Bitcion, showing all but One have now filled. Technically, there's still one open just under $10,000 at / around $9750. Unlikely this will ever fill at this point, but as of today Bitcoin filled the recent gap just under $40,000, which clears Bitcoin for runing higher. However I still believe we'll re-test...
The price has lost 50 Moving average and EMA top. Heading to 100 and 200 moving averages. Hopefully 200 MA must give some support or else it can reach more downside .The lower low price action indicates bearishness and no sight of uptrend . On weekly scale a large bearish wick is worrisome .if price retraced from rectangular box with good volumes there can be...
Touched moving on the daily. Long BTC. -20% decline. Lets see what happens.
BITCOIN might be heading towards 31000. First stop is 40000 area before moving towards 38000 area. Wait and see price action at 38000 area. The bias is most probably bearish and might be price move toward 32000.
BTC could be in trouble with a daily close below $41,229. It's been ranging since the initial run up that ended December 5th. It faked out to the upside, and is right back in the range. A daily close below $41,229 could send it back into the 30k range. Worth noting we did almost get a 100% move in 4 months. A healthy pull back might not be a bad thing.
Bitcoin Zigzag V6 is Out Now! I am pleased to announce the release of Bitcoin Zigzag model v6 following our successful identification of the market bottom. It is crucial to review the accompanying notes and carefully monitor the Relative Strength Index (RSI). A weekly RSI of 90 may signify an opportune moment to exit the market, while an RSI of 28 can indicate a...
BTC is gonna have a major shakeout. God bless everyone
Mixed trading conditions lie ahead for the global crypto market in the next 24 hours with a bullish sun shining over Bitcoin, Binance Coin and Chainlink. Other altcoins will face bearish trading conditions. Over a one-week horizon, these bearish and cloudy trading conditions will spill over to Bitcoin which is likely to face downside risk, just as Ether,...
BITCOIN - DAILY The price is on the neckline support of the structure. A Daily close under this level is bearish for Bitcoin.
Hello everyone, as I ment in last week idea, I am expecting BTC rather going LOWER then Highier, prior to FED meeting which is next week. Since we doesnt have much volatility last week, Im would expect bigger moves to occur later this week, when Market related reports start coming... To understand further view I would suggest to first check this out: As...
I’ve just created an interesting chart comparing this current cycle to the previous halving. While it may not follow exactly, I believe we might observe significant similarities. My conclusion is that leading up to the halving, Bitcoin tends to (on average, excluding the COVID wick) drop by 17-18%. This leads me to believe that a $34,000 BTC is definitely...
Bitcoin has been bleeding out like a deer on the opening day of the hunt, and there's no sign of it stopping, in fact, it's going to continue to get worse in the coming weeks. Just like that old Motley Crue song from Dr. Feelgood (and this won't feel good for sh@tcoin, I mean Bitcoin holders at all), 'She goes down, she goes down, she goes down, down, down,...
Hello traders, Check the latest Update on Bitcoin. As per mine view the bottom is about to come and we are going towards 50-55-60k soon. A small liquidation game can be done by whales before pump
So if we look at last cycles on Bitcoin and apply Fibonacci from bull cycle to bear market bottom, we have bear rallies to 0.618-0.66 area and then we reject and dump hard until halving and real bull cycle starts. We have seen the same, I had this plan since November. In my opinion most likely scenario now is slow bleed to the downside (not saying we won't have...