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...
Looking at this chart, I'm observing Bitcoin's price action against Tether (USDT) on the Binance exchange. We're using a combination of technical indicators and price levels to gauge potential future movements. Firstly, the chart shows a symmetrical triangle pattern forming, which indicates a period of consolidation. A symmetrical triangle is typically considered...
The activity of large Bitcoin holders (those owning more than 0.1% of the total supply) is a telling indicator for market movements. A positive net flow means they're buying (accumulation), and a negative net flow indicates selling (distribution). Understanding these dynamics can give us a leg up in predicting market trends. On March 23rd, an intriguing...
BTC has set weekly lower high, which technically signals possible weekly trend reversal. A few things to consider though: 1. The week has not closed yet. While the probability of outside weekly bar is low, it is not impossible 2. Downtrend is far from being confirmed. Bears must break through 60,700 and then 59,500 to launch monthly consolidation. So far price...
This Ai project is looking promising, has a huge potential, their project is already doing amazing, backed by CGPT, and the team is quality, always looking to streamline their work on improving the project and keep pushing! This is a LOW CAP Ai coin (Carries: High Risk - High Reward) - If it performs as expected to swing areas and potentially even higher! You are...
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.
Where is bitcoin heading? a retracement or what?? let price and time reveal.
In a recent price movement, Bitcoin encountered resistance at $71,200 on a 4-hour chart timeframe. This rejection indicates that there were more sellers than buyers at that price point, preventing Bitcoin from breaking through. However, there's some positive news for bulls. The world's leading cryptocurrency appears to have found support at $65,200 . This...
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...