bitcoinprice

Hello crypto friends, Analyzing the Bitcoin chart I see fractal patterns that repeat over and over again. That is all about cycles. After breaking down the descending triangle Bitcoin found support in 7700-8800 price channel. BTC has the same price action behavior as during accumulation period in 2018-2019 after breaking the 6K support and falling to 3K. With...

This is a chart of the 3D timeframe, within it is all you need to know. It will show you where we are, why we are there, where support is and where resistance is. You can also see some future scenarios that might come into play. Keep this chart for reference, here you can clearly see that we are currently on a secondary trend which is going down, but the primary...

more info later..

Last week I published an idea titled, "Crazy BTC Mystical Convergences", in which I pointed out that BTC was repeating the same exact pattern set it did in the last Bull-Bear market cycle - a descending triangle capitulating into an Adam & Eve recovery - only a smaller scale: ie, a "fractal". We've had our descending triangle and capitulation, and our Adam, and...

Pretty important moment here. The trend line that originated at the beginning of April is being tested again. If this fails, along with us being below the 200 daily MA, then there is not much support for BTC until the 6k-7k area. 4 hour RSI is oversold, Daily RSI is a little low and the MACD is still showing a buy signal but is beginning to pinch. Out look is...

BTC is now out of bounds from the fib circle that was giving it hopes for a quick return to the 9-10k range. From my previous posting, its looks like the first possibility (yellow) will be the one to likely take place. Currently the 1 HR RSI is showing a bullish divergence and the 1 and 4 HR MACD are showing potential for a short rally up to 8.5-8.6 K and test...

If we continue on this path the 50MA will cross under the 200MA around the 24th of October. This event is called the death cross, and if it happens on an important enough timeframe like the 1D it will negatively affect the price. Typically once it happens there is no quick turn around, It will for sure stay under the 200MA which we can already see happening, and...

Long opportunity now, more channel side action for now until support or resistance break confirmed. Until than, just long support and short resistance, could take a while to get out of here. Nothing complicated, one of my favorites times to trade because we often stay in patterns much longer than everyone thinks with plenty of plays between support and...

One of the most common questions I get when it comes to altcoins is, "should I trade or should i just buy and hold?" For most people, buying and holding (or hodling) is often times the best answer. It's less time intensive and you don't have to think about it too much. The problem (and often asked question) is, "when should I start buying?" For that, I would...

Hello traders! I hope the markets have been treating you well and you've been crushing all of your trades. In today's post, I want to give away a chart that has made me a lot of money dating back to 2016. I also want to go in to detail on how I use the RSI to determine when to get in and out of Bitcoin by determining...

Good evening traders. I thought for this analysis, I would give a bit more practical scenarios for Bitcoin movements in the coming days. From a high time frame perspective, we are have been consolidating in a 20% range for over 2 months now. We are just bouncing back and forth between the 50% fibonacci zone and previous...

RSI on the 4 hour with bearish divergence. measured drop to 8K on the 13th after exiting fib circle

This is just to share my current view on BTC. I do think, Bitcoin is being as bearish as it gets, still. Take care!

Hello, Traders! Monfex is at your service and today we overview BTC/USD. What do you expect from Bitcoin ? At the moment, BTC are under the volume resistance zones. RSI has an clear uptrend, which convinces us to look more towards the bulls. MA100 - our support line and BTC has support price zone ~$ 8,185. The possible formation of the double bottom and the...

Bitcoin weekly Technical Analysis. Note: This is only for Educational Purpose this is not Investment advice. Thanks Adil Khan.

I everyone, you really think that BTC is going to 0 with the Halving in may, keep your feet on the ground brothers... Recent move is very healthy for this market this is a great buying opportunity right now. Do you really think that Bitcoin will fall under the Monthly EMA 21? Come on if you get into this, your risk to get trapped again is very high. Maybe we get a...

"In the name of Allah, the Most Gracious, the Most Merciful". Bitcoin Market update. Note: This is only for Educational purposes; this is not investment advice. "Pain is silence" Thanks Adil Khan.

Bitcoin Will Repeat its History. Note: This is only for Educational Purpose this is not Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Adil Khan.