Optimism about upcoming rate cuts by leading central banks as of June, may however continue to support the rebound witnessed over the weekend, with Bitcoin rising 4.9 percent to $67.251 over the past 24 hours.
“It appears that Bitcoin is trying to break higher, and our upside targets of $83,000 and $102,000 could slowly be at play,” the Head of Research at 10x...
By checking the Bitcoin chart in the weekly (logarithmic) time frame, we see that the price after correction to $60,800 was again accompanied by demand and is currently in the range of $67,500! There are only 25 days left until the Bitcoin halving and we will probably see extreme price fluctuations before and after the halving! According to the previous analysis,...
BTC are into ranging .... trading within $60K - $68K until breakout either way. (just like previous sideway zone back in Dec (highlighted in yellow))
good time to dollar cost averaging on spot ..
the breakout will come in surprise.. IMO.
DYODD
hello everyone...
I have seen a few analyses that suppose this pattern is a diverse pattern and the coin will dump soon!
but if you see this perspective you recognize the neckline is on the bottom line of the ascending channel!
I believe we should insist on a bullish trend unless the neckline and the bottom line of the channel will break down! so there is no...
Bearish target 58k-61k
If we get confirmation candles above golden ratio. It is likely we will test 67k-68k.
If we manage to break 68k level it is a good entry for long, likelyhood of testing or even breaking new ATH is high!
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 satisfied. Please also refer to the Important Risk Notice linked below.
There' s a good liquidity zones between 57800 and 73900 and eclipses love volatility. I draw the price movements between two eclipses. Technically after grabbing 74K , if CRYPTOCAP:BTC can not hold that level the biggest liquidation level of 50100 seems inevitable.
NOT FINANCIAL ADVICE.
Gold , known as "the safest hedge against inflation" is looking promising with the current banking crisis occurring. People are scared of banks and see Gold as a safest investment as a store of value without relying on the banks or without having USD.
Some economical factors that influence the price of GOLD with the current inflation at 5%:
-Inflation hedge: As...
BITCOIN is still bearish and the correction to the downside is not yet over.
It is in a descending channel and retested the upper level and heading to the lower channel,
and possibly forming a head and shoulders on the 4H timeframe with the neckline being at a strong major support (Demand zone) at level 60k-61k and a break below will confirm its fall to next...
Hi everyone,
It seems like Bitcoin is going to exhaust after a great rally and 50% down move might be coming from here, you all shouldn't be surprised if this executes. It's much needed for the next big leg which will take Bitcoin to $170k.
Let me know your thoughts.
#Bitcoin
Trading Setup:
There is a Trading Signal to Sell in BTCUSDT Bitcoin (m15) (Futures)
Traders can open their Sell Trades NOW
⬇️ Sell now or sell on 66701.3
⭕️SL @ 68378.16
🔵TP1 @ 62485.1
🔵TP2 @ 58760.0
🔵TP3 @ 53500.0
#cryptosignal #Crypto
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average ,...
Bitcoin has been trapped in a downward descending channel since March 14th 2024. It is continuously struggling to hold ground and important supports. Right now it is struggling to climb above 50 hours EMA (64612) indicating weakness. Even if 50 hours EMA is crossed there is channel top and 200 days resistance near 66072. In case Bitcoin is not able to cross and...
BTC and crypto market volatility has increased quite a bit. The negative news cycle is starting to pierce the bubble a little bit. Whenever you see you tube videos, X posts and news articles predicting a million percent in 20 days and anyone trying to point at the froth getting bashed to oblivion, you know it is time for a correction. In my opinion, this bull...
This Bitcoin (BTC) chart against the US Dollar (Tether, USDT) on the 2-hour time frame provides a rich set of data for a technical analysis perspective:
Ichimoku Cloud: Price is currently below the Ichimoku Cloud, which typically suggests a bearish trend. The cloud acts as a dynamic resistance area.
Resistance Levels (R1, R2, R3): The chart shows multiple...
