In the fast-paced realm of cryptocurrency, the recent data from CoinShares has unveiled a noteworthy development – a significant outflow of $500 million, particularly from Bitcoin. The eye-catching aspect of this financial narrative is the juxtaposition of Bitcoin's struggle against a massive exodus from Grayscale. Amidst this turbulence, the crypto market seems...
BTCUSD has a bearish Head & Shoulders pattern, with a risk-reward ratio of 1:2.5. If this pattern is confirmed, the price is expected to decline further, potentially reaching around the 36,600 level.
Hello everyone, new week, new BITCOIN update. Hope everyone doing great! ____________________________________________________ This week should be lot of FUN, due to FED meeting at Wednesday, Im expecting increase in volatility so I suggest to everyone act accordingly. So as I ment in Last Update, there was increased chance of retracing back to Highier prices,...
The Bitcoin market cycle can be easily predicted by studying historical data. Whenever you seek an idea of where the market is heading, you can always look at the past to gauge the future. However, this doesn't guarantee that the predictions stated here will unfold exactly as described; it's a PREDICTION, not a fact. Let's examine the chart displayed here. The...
BTCUSD is on a remarkable journey, seemingly heading towards a new all-time high. This movement indicates a strong bullish momentum within the crypto market, as Bitcoin continues to gain traction among investors. With growing interest and adoption, BTCUSD's upward trend reflects increasing confidence in its value and potential. Market participants are closely...
I've been implementing this macro pattern in my trading activity even before 2023 started, due to the Tritch Matrix, a cycle theory of investment proposed by George Tritch. The theory suggests that it's time to purchase assets at the beginning of a new cycle, which is predicted to peak in 2026. With this understanding, investing in Bitcoin seemed to be the...
Please Notice the Fake breakout , this move made to fool traders to open short and then squeeze them out the market , i expect the price will keep rise up , Cheers
Hello, Skyrexians! Today we have two news for Bitcoin bulls - bad and good. The bad one is that correction is incoming. On 1h time frame price formed the 5 Elliott wave impulse. We have the target approximately at $40500. The good news that bull market will likely to be continued because first impulse has 5 waves. It means that after correction it's gonna be...
LTC once again, will follow the same trajectory. After halving of BTC, we might be seeing new all time high. So better to have bags in spots instead of in futures.
Bitcoin is currently at the ceiling and drops to $17,000 range in 2024, then rises to $65,000 in 2025, near the last ceiling. After that, from the beginning of 2026, the big crash will start and Bitcoin will fall to $175. The last part of this analysis is very bold. @JalilRafieefard 28 Dec 2023
BTCUSD is retracing higher possibly towards 44300 area. From this it is expected that it will resuming lower with eventual target of around 32000 area.
I wonder how come you don't follow me? Please follow me and like the posts before starting to read this analysis. If you have any questions, you can send me a message in the private message section. Well, according to the previous analysis, we saw a downward fake failure in the chart, which we could recognize as a fake failure using the indicators. Now it's back...
I've previously mentioned in a BTC (Bitcoin) trading idea that the ETF approval would be a 'buy the rumor, sell the news' event: Now, we observe a continuation pattern with bearish divergences on the RSI. A bearish divergence is a term used in technical analysis to describe a situation where the price of an asset is moving in the opposite direction of a...
Hello Traders, welcome to today's analysis of Bitcoin. -------- Explanation of my video analysis: In 2018 Bitcoin created an obvious resistance level at the $17.000 level. This was the all time high of the previous bullish cycle. In 2021 Bitcoin then broke above this structure and came back to retest it in 2022. So far Bitcoin is looking very bullish and it...
Bitcoin hangs above $40k as ETF-led rally fizzles: After peaking at FWB:49K immediately after the launch of the ETFs, the price of bitcoin (BTC) has since dropped over 20% in the two weeks following, reaching a low of ~$38.5k on Tuesday. BTC is now trading back at the levels seen at the start of December, retracing the rally experienced in the build up to the...
Hello, Skyrexians! As was expected Bitcoin reversed from FWB:39K , it was almost obvious, but the main question is the size of this bounce. Of course we have probability that this bounce is over, but I bet on the further pump to $45k. The Fibonacci target has noot been reached yet and I chose to wait for it. Follow us and never miss update
The cryptocurrency trend was slightly positive over the past 24 hours, as some investors took new positions following the past two weeks of sell off. Mixed trading conditions lie ahead for the global crypto market in the next 24 hours, with a bullish sun shining over Bitcoin, Polygon and Chainlink, while the other crypto coins followed by ATTMO will face bearish...