BTC drops below $61K for the first time since the start of March: Investor confidence dwindled as the market saw the first consecutive negative outflow days for the Bitcoin ETFs this month, with Grayscale Bitcoin Trust (GBTC) experiencing its biggest outflow since launch of $642.5M on Monday, followed by another sizeable $443.5M outflow on Tuesday. Fed...
I believe they got me with this last setup for a few hundo... I also believe they are about to wreck a bunch of people.. Carl from the moon said he was selling everything at like 42 or 50k I cannot remember... PUMPER like crazy for a week after that... Carl has now in his most recent video title said he is all in.... Then says at 52k he will go all in during the...
Hey guys! Today, I'm seeing a rather dim picture for Bitcoin. It appears that we're currently experiencing ABC Elliott correction waves. Furthermore, despite a minor uptick, I'm observing a bearish divergence, and overall, trading volumes seem somewhat weak. The weekly support line is situated around $52,000. Additionally, historically, BTC tended to correct...
Been posting this Log chart fr a while on X and here. So here is an update - Bitcoin Bulls are facing a number of decisions right now after the FED decided to hold interest rates at current level. We have 4 scenarios that we could see. 1) -20% Drop The image below shows us nicely how PA is hugging the Fib Circle as support A -20% Drop from the high takes us...
Hello friends. This is the Bitcoin chart and my analysis the price touche the 67000$ and start the downtrend to get the 52000$ so waiting and open the sell limit at : 66992 entry : 66992 sl :67300 target : 52800
Breaking Resistance will inverse bullish pattern that will shoot up the price to the next all-time high however there is weekly doji that could pressure selling therefore here we have to hold bets and monitor for confirmation
Bitcoin chart is showing a large bearish and a smaller bullish H&S pattern, wrestling over price action. Who is going to win? Merely technically speaking I would rather have a bearish bias. This is no trading advice. I use this platform for CMT training only. Cheers!
Bitcoin has been unable to break above the $68,000 resistance level for the past 4-5 days. This stagnation suggests that upward momentum may be limited in the near term. Traders are watching closely as the price action unfolds. While a return to the $50,000 level is considered unlikely, Bitcoin may continue to trade sideways between $60,000 and $69,000 for some time.
📉Hi Traders, Investors and Speculators of Charts📈 BTC had recently formed a new ATH, and we're a few weeks away from the BTC halving. What I see is the potential for two scenarios playing out, both based on fractals ( bullish and bearish ). Both fractals will have certain conditions, and I will point them out in detail so we will know what to look for. From a...
A big Head and Shoulders Pattern is forming after last month's rally. This suggests that the trend could rapidly change. This would lead to a bearish phase with the BTC price reaching 50'000 USD or less. We would need to reach the 70'000 USD zone soon enough to invalidate this scenario.
So as we have said BTC is making good recovery and ALTS are following BTC with volume. BTC has already flipped the trendline and now we think BTC will either flip 69k or it will become range bound between 64k and 70k. In both cases ALTS will play bullish and you can make good gains in ALTS. We will also share some setups soon. Thanks
Hello everyone. First of all I should say happy new year (Nowrooz) to all iranian people around the world specially iranian traders community. Im going to explain how will BTC behave in coming months according to Elliot wave principles. As you know wave analysis act better in higher timeframes like Weekly. So I want to take a look at BTC price action from Nov 2022...
The chart posted is that of Bitcoin . As you can see the Importance of 58800 and that we rallied to 4.236 into the 72600 area high 73500 and have now pulled back in an ABC decline into fib support 60800 . Since we seem to be traveling within the channel posted I tend to think that the next ??? rally if it stays above 58000 would reach 84500 into APRIL 2nd...
Apecoin have been in a downtrend 7 months now. You can see clearly BULLISH signs. 1. Bullish divergence (which indicate bears are getting tired and weaker which indicate reversal coming), 2. On-chain data shows that WHALES are BUYING HEAVYILY since June/july/august. 3. Apecoin already 95% down from ATH (most altcoins pump when they reach 95/96%). it's time for...
I have been waiting 3 days to get a confirmation of my bias for CRYPTO:BTCUSD wether this hypotheses is valid or not. 3 days ago I drew this chart and after 3 days it kind of confirmed my bias and I decided to share the idea. According to this chart, Bitcoin will see, or has seen a drop to previous lower levels. When the halving hits, we will see a significant...
BINANCE:BTCUSDT 4H chart is performing amazingly over the last period. We have reached a new ATH even before halving. As we can see in the chart during the last hours we are seeing a consolidation happening. The price has stopped increasing - we are stuck around FWB:73K but the volume seems to be still on a high level. In my opinion we are going to see a...