Bitcoin has once again surged to new heights, hitting the anticipated target of $62,000. As traders, it's crucial to reassess our strategies and expectations in light of this milestone. Technical Analysis: Following an extended bullish run, it's reasonable to anticipate a slowdown and a potential pullback. Taking profits at this juncture might be a prudent move....
BTC / USDT BTC highest monthly candle closure ever yesterday above 71k (In HTF we did breakout on monthly ✔️) Also BTC halving is after 18 days only Historically it was one of most bullish events But usually preceded by some corrections first before BTC going wild Maybe even the correction phase is ended by the recent correction we did to 60k .. 2 weeks...
Bitcoin will go a little lower until next week, then start to rocket again since USDJPY will be capitulating and that will force inflation to resurface. Inflation also means excess liquidity which is what bitcoin is, and is highly correlated to the nasdaq. I give it till summer when the BOJ pulls the plug and the FED is forced to hike rates again. This will force...
ALL trading ideas have entry point + stop loss + take profit + Risk level. hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are...
Bitcoin Halving in just 14 days. Possible pullback to FWB:65K ish to grab some liquidity and after a massive rally to $83.500
Bitcoin's upcoming halving event is just two weeks away or approximately 2,000 blocks away, says The Block's Bitcoin Halving Countdown page. The countdown is based on Bitcoin's average block generation time of 10 minutes, indicating a potential date of April 20 at around 1 p.m. ET. The upcoming halving event will see the reward for miners on the network drop from...
Crypto Analysis (6th April 2024) BTCUSD Analysis on the 4 hour timeframe, price action pullback to the 4 hour Bullish Orderblock. THis is where price action rejected from and created a 4 hour Change of Character, indicating that the market is changing from a bearish pullback to a bullish continuation. In the image you can see that price action has been...
Hello, fellow traders. At the beginning, the first observation - we are in such a phase of the cycle that even I want to write something... :) It will be short and to the point. Not everyone will like it, because they don't assume that we get into the rockets, fasten our seat belts and fly immediately "to the moon". My previous analysis (unfortunately not...
If the fear in these market intensify. The new top for 2024 could be behind us. I sure hope I'm wrong and it keeps going up so I make money, But, we are running out of gas, the halving could be a sell the news event. Never forget the most important rule, Always keep some change in case of emergency, to buy the dip. And never be all in forever past the past top. ...
Based on price action history BTC may be looking at a $830k - $960k market top projection. However, if we get a shortened market cycle then the lower projection is $240k to $270k. You can see the likely short market top from FTX in Nov 2022 compared to the previous cycles tops shown with the yellow and pink lines. In the short term - - IMO Global M2 shows...
Everything is in the chart but lets review my take. Leaving wolfewave pattern aside, we were in an ascending triangle which broke down, uncommon but not rare sighting. Bulls were hoping it to break out but if I have learned anything from Bitcoin, it works against all odds. So we broke down and now bulls are trying really hard to get back inside it, which will...
ETF outflows and government movement of crypto assets push price of BTC down: As we have seen in recent weeks, the price of BTC declined alongside increasing ETF outflows, as Cathie Wood’s ARK 21Shares Bitcoin (BTC) ETF experienced its first outflows, dropping from above $70K to a low of $64.5K on Tuesday. Further headwinds included the movement of 30,175 BTC...
My previous long setup was pretty perfect. I entered lower wait for the panic to finish, and the support zone i marked worked perfectly. Now, you can do whatever you want, but for sure you can't short Bitcoin. Gold is rising without any break, and you can't stop the rise for BTC. I think we will see a new ATH probably before the Halving, and $75k is higly...
BTC ~ 1H 📉 #BTC I hate to say this, But this is the truth. we found a Bear Pattern at a smaller time. Let's see how this pattern works in a shorter time. This is only for a smaller time period, in the long term, we are still Bullish.
Let's address the common question here:- Has Bitcoin already reached its peak, or is there still more potential for growth? Taking a look at the chart, Bitcoin (BTC) is presently trading near the 35-day Exponential Moving Average (EMA), a level that often serves as a short-term support for price bounces. The subsequent support level could be around the .382...
BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. As long as Bitcoin is above Bollinger midline, it will continue its upward path until returning to $75K. The bullish scenario will be canceled when Price returns below the Bollinger midline and stabilizes there.
Hello everyone, hope you guys had a great Easter Holiday. Same as in Q1, I decided to share with you What I Think is the Most likely going to happen with price in Q2 , purely based on current micro¯o economic conditions and indicators, plus what are charts presenting right now. Before I get to the business, I would like to reflect on my Q1 outlook, mostly...
OutLook BTC ~ 12 📈 #BTC This is a bullish pattern that was formed on the 12H time. We will see BTCUSD move within the range of this pattern before the Bulls regain control. This pattern will be invalid when the price breaks the Support Line in this pattern. we will make further updates.