This chart is a financial technical analysis chart for Bitcoin against the US Dollar (BTC/USD), with several indicators plotted on it. At a glance, here’s what the chart shows: Cauchy Bands Indicator: The blue shaded area and the blue lines represent the Cauchy Bands, which are based on the Cauchy distribution of Bitcoin’s daily returns. These bands attempt...
Bitcoin experienced a significant drop this week, with prices dropping as low as $63k at the time of writing. This idea brings some perspective to the situation. The chart contains the percentage of CRYPTOCAP:BTC holders in profit over time. The red boxes highlight prolonged periods where a vast majority of Bitcoin holders are in profit. These periods are...
BTC / USDT BTC is still following my projection since my last idea : What next ? In LTF BTC is forming a range with 2 main levels 69k and 58k and potential falling wedge According to liquidity pool in this area …High chance we will see one of this movements soon This week is critical for altcoins market Scenario 1 VS scenario 2 or do u have another...
The cryptocurrency trend over the past 24 hours was sharply negative, as investors await the Federal Reserve’s interest rate projections on Wednesday. A rate cut is not on the cards, but comments about the timing and speed of the rate cuts expected later this year are eagerly awaited. The price of Bitcoin dropped 4.9 percent to $65,113 over the past 24 hours, 12...
BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. A few hours ago, before I left the Bitcoin analysis chart. I drew two bullish and bearish scenarios for Bitcoin. Despite being late for a valid entry, I still think Bitcoin will go near the $75,000 level before the price correction. However, in the current situation, Bitcoin should not go back below...
Trading Setup: A Trading Signal is seen in the BTCUSDT Bitcoin (4h) (Futures) Traders can open their Sell Trades NOW ⬇️ Sell now or sell on 65360.88 ⭕️SL @ 68378.16 🔵TP1 @ 57500.0 🔵TP2 @ 52750.0 🔵TP3 @ 47129.0 What are these signals based on? Head and Shoulders Pattern Trading Classical Technical Analysis Price Action Candlesticks Fibonacci RSI,...
My strategy is in the Bitcoin price correction phase after the euphoric bull run amid the adoption of Bitcoin ETFs. In a calm news environment on the stock market, I expect to see a rebound from the 0.382 level, in this area there is a GAP in prices and an imbalance in the same area. Given the tense situation in the economic space, I expect a breakout of 0.5 Fib level.
The recent rollercoaster ride in the cryptocurrency market, particularly the sharp slump in Bitcoin prices by nearly 7%, has left investors and enthusiasts scrambling for explanations amidst the tumultuous volatility. From cautious trading ahead of the Federal Open Market Committee (FOMC) decision to concerns over Bitcoin ETF outflows and whale selloffs triggering...
hello dear trader and investors The price of Bitcoin reached an all-time high and wanna collect some voloume To rise to a new level ... stop loss need for any position good luck
Next stop could be $51000 in next few days, currently no volume is observed. and market is falling continuously like it was going up
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Bitcoin found a support at $64,360 and is having a bullish pullback, however IMHO, it is temporary. Below $69,654, BTC will be under bearish pressure. A sustained price action below $69,654 will push BTC price to re-test $64,360 and, possibly, lower to the key daily support at $59,920. Bitcoin has to move bullish and break through $73,423 for another bullish...
Richard Teng, the newly appointed CEO of Binance, has set the stage for a bold prediction in the world of cryptocurrency. With Bitcoin ( CRYPTOCAP:BTC ) already making significant strides, Teng foresees the digital asset surpassing the $80,000 mark by the close of this year. This forecast, coupled with growing institutional adoption and favorable market...
If consolidation level breaks good move will come up to 1:4+ risk reward
The Basics of Bitcoin's Analysis As we approach the anticipated fourth Bitcoin halving on April 15th, 2024, the mining of Bitcoin’s 19,656,962nd coin is a testament to the network’s enduring strength, bringing the circulating supply to 90% of the total. The ‘rainbow chart’ remains a popular model for visualizing Bitcoin’s logarithmic growth and its cyclical...
Cryptocurrencies regained some strength after having dropped sharply on Friday and over the weekend, with Bitcoin trading 7 percent below its all-time high (ATH) of $73,628 reached on Thursday. This volatility triggered liquidations of long positions of almost $900 million. The inflow of assets into the nine spot Bitcoin exchange traded products (ETFs) launched...
As you can see in this chart, there is a very interesting relationship between the US100/US500 ratio and Bitcoin. Before discussing the possible outcomes of this chart, let's gain a better perspective on this intermarket relationship chart. On one hand, we have the US100, which is a technology index divided by the US500, representing the largest US companies....