Bitcoin found a support at $64,360 and is having a bullish pullback, however IMHO, it is temporary. Below $69,654, BTC will be under bearish pressure. A sustained price action below $69,654 will push BTC price to re-test $64,360 and, possibly, lower to the key daily support at $59,920. Bitcoin has to move bullish and break through $73,423 for another bullish...
Cryptocurrencies regained some strength after having dropped sharply on Friday and over the weekend, with Bitcoin trading 7 percent below its all-time high (ATH) of $73,628 reached on Thursday. This volatility triggered liquidations of long positions of almost $900 million. The inflow of assets into the nine spot Bitcoin exchange traded products (ETFs) launched...
Notice anything? Reverse repo operations money flows into markets, including bitcoin, almost identical inverse relation. Drain rrp money to pump bitcoin. The only problem is rrp money is about to end soon. Begging the question.. was it really public demand behind the pump, or artificial pump?
Looks like history might repeat itself which means a 30%+ pullback from the top is likely. Be save out there anything can happen in cryptoland! This would leave altcoins rekt. NFA
Hello Traders , Checkout the latest update on Bitcoin New buying zones and some Alt coin to accumulate
If you haven`t bought BTC Bitcoin before the rally: or in the Buy Area of the Massive Head and Shoulders Bearish Chart Pattern: Then using the Fibonacci Retracement tool, I believe there will be a new buy opportunity in the $59000- $61000 range!
I think something like this make sense? We are at a 1st leg or wave of impulse, that is led by early adapters. 2nd leg up would be BTC outperforming SPX. 3rd wave would be a market chop w/ still some opportunities. 1st wave -> buy when it's cheap (bellow 70k crowd). Then comes rally to 120-150k. Before it becomes too expensive. 2nd and 3rd wave are led by ppl...
On the 4-hour timeframe, Bitcoin appears to be within a distinct channel. This week, it experienced a decline, reaching the 65654 support level at the channel's bottom before rebounding. Currently, it has bounced off the 67562 support and is heading upwards. If it breaks above 69005, it could revisit all-time highs. Back on March 3rd, Bitcoin formed a flag...
Bitcoin up 377.59% since November 2021 As the next halving approaches (April 19 2024), it is time for a retracement before the big pump. It always happened in all previous pre-hanvings. If the GETTEX:64K support is broken the next one will be in the $58k/$57 zone. Next week will be very important for us to really see the extent of the retracement.
Bitcoin (BTC) has experienced a remarkable surge since the speculation surrounding a potential Federal Reserve interest rate cut emerged. Recently, BTC hit an all-time high, reflecting the fervor in the market. However, it's essential to note that assets witnessing substantial increases often require a pullback or correction. Analyzing the daily timeframe from...
A clear cup and handle formation has formed on the 5-year weekly chart. This is the mother of all cup and handle formations. BTC to the moon!
The cryptocurrency trend was sharply negative over the past 24 hours, as the latest US macro data signal further reasons to delay the long-awaited rate cuts. After reaching another all-time high (ATH) on Thursday, Bitcoin fell below the $68,000 threshold for the first time since March 8. Investor sentiment dipped on the news, dragging down both stocks and...
Switching up my BTC stance a bit. Got a hunch we're settling into a range now. BTC chilling in a range = happy days for altcoins.
An idea based on fractals If we break out of the monthly resistance based on fibonacci extensions $170k might be the top in 6 months
The upward trend of cryptocurrencies continued, with Bitcoin reaching yet another all time high this morning at $73,777. The world’s largest cryptocurrency has rallied 74 percent since the beginning of the year compared to the S&P 500’s and Nasdaq’s 9 percent and the Nikkei’s 28 percent. Bitcoin will continue to profit from a bullish sun in the next 24 hours and...
BITSTAMP:BTCUSD When to Sell? This analysis is based solely on Price action and how #Bitcoin behaved throughout its history. It always took #Bitcoin between 33 Weeks and 47 Weeks to reach new ATH after crossing the old ATH. based on this we are having a very RED ZONE between December 2024 and February 2025, in which #Bitcoin will highlikely reach new ATH...
Everything is visible on chart Satoshi is same Jewish promisen survivor Yahadút
With the recent Bitcoin rally avove new highs and currently over $72k, the DXY is also showing further weakness on this chart. This signals the BTC rally will continue and I believe straight to $80 if not $100k before the halving. See my other sudies on 'The Path to $100k - $155k Bitcoin' for reasons why this is in play.