Buying Bitcoin for the next 1,000 pips Who is joining this train? Lets get stuck in profit.
BINANCE:BTCUSDT 🪙 In the daily timeframe, the trend is moving between the ranges of $73,700 and $60,700 in a fluctuating manner. As you can see, the price has experienced a slight increase, and after the increase, it faced a negative reaction from the price range of $71,400 and is currently trading at $65,100. 🔺One scenario we can consider in the daily timeframe...
Daily Chart Bitcoin price is trading in the daily range zone between $65,400-$70,838 and forming a corrective structure (most likely, a triangle), before another bullish extension. The daily candle closure and a sustained price action above $70,838 or, even better, above $71,604 will push Bitcoin price towards $77,250 and, possibly, higher to $82,890, the new...
Technical Analysis and Outlook: In this week's price action, Bitcoin rapidly moved towards a Mean Support level of 66700 and, in the process, established a new Mean Support level of 65600. This new level is being used as a base to ignite the bullish trend further. Currently, the market is experiencing consolidation, with the expectation of moving toward reaching...
Soon or later, Market will touch $50,000 Mark, that will be the perfect entry for this Bull Season.
Bitcoin's future is here due to growing ETF adoption. Here's a breakdown of the key points with a neutral perspective: Key Points: • ETF Adoption: The message highlights the increasing adoption of Bitcoin ETFs, which could be driving institutional investment. • Potential Rally: This suggests that Bitcoin's price may rise significantly due to this new wave of...
Key Points: • Death Cross: The ETHBTC ratio is nearing a death cross, where the 50-week average dips below the 200-week average, historically signaling a bearish trend for Ethereum relative to Bitcoin. • Altcoin Impact: Since altcoins often follow Ethereum's movement, this could lead to a decline in their value compared to Bitcoin. • Actionable Advice: The message...
Just observing the fractal from the previous bull run. Be prepared to be shaken out both ways
As you see BINANCE:BTCUSDT has been consolidating at the all time high for about 5 weeks now . I believe that this consolidation is nearly over and we can go up to 83k and 90k in the coming weeks . Stack your alt coin bags before halving we are going to the moon . disclaimer . we might have another quick liquidity grab towards 60k before going to moon .
Overall I see BTC heading to 50k with the possibility of a flash crash to 45k and recovering after.I am playing this scenario until June-July 2024 , anyway 50-55k is my target to load up some altcoins.
High is getting lower, strong bear Price action. if $65000 able to hold, will see more upside , probably new ATH. if $65000 break, might visit next strong support $60,000. for bull, we need a strong bull PA to closed above $68000. for further bear it needs to break below $65000.
These algorithms say this price action is a buy, and are indicating pressure towards the top of the daily trennd channel. this fund is oversold, and in pullback from a bullish overall trend where it has consolidated above fair valu gap and equillibrium. AI is good at trading crypto, and if the computer is buying itself, then im buying the computer AMEX:BITO ...
CRYPTOCAP:BTC is in a clear multi-week symmetrical triangle pattern, consolidating between the low 70s and low 60s. Many traders seem to be preparing for a move downward, but I think we will see the opposite. Bitcoin has bounced on the lower trend line of the triangle pattern, confirming a third touch. Bitcoin is also back above its long-term uptrend support...
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...
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...
As we approach the 2024 halving event I can see two potential scenarios playing out: 1. we sell-off 20-30% to see a $50K retest. 2. we see a bull flag and continue the run towards $100-$150K by mid summer. in scenario 1 - I do believe this would represent a good buying opportunity, as we are still likely to see a $100K price minimum by mid 2025. stay classy
Litecoin is a cryptocurrency that operates on a decentralized network, similar to Bitcoin. It was created in 2011 by Charlie Lee, aiming to offer faster transaction times and lower fees compared to Bitcoin. Regarding its future with AI technology, there are several potential intersections: 1. **AI-Powered Trading:** AI algorithms could be employed to analyze...