Many short position liquidations were on 28000 - 28500 area and market makers hit #btc to take that liqs. Now, i turned my eyes to 23500 zone, where the greatest LONG Liquidations waits the butcher to take!.. NOT FINANCIAL ADVICE.
Those who know my work will recognize that my chart has taken this essential form for over 18 months, with only minor refinements. Hopefully you will challenge my forecast with your tough questions and counter-arguments. After all, this venue exists to arouse the reverse-engineers and to provoke the thinkers to do what we do best, right? As always, I strive to...
BTC price dumped to 24800 and is currently bouncing, which was our last buy opportunity based on the previous signal in our last BTC post here . Notice: This post will be regularly updated as the price progresses toward the target or in the event of potential failures due to rejections. We encourage readers to like, comment, and follow this page to stay...
Binance disputes the SEC's allegations of mishandling customer funds, deceiving investors, and violating securities laws. The legal battle between Binance and the SEC has sent shockwaves through the cryptocurrency community. Binance and its affiliates assert that the SEC is overreaching its jurisdiction on digital assets, especially without any clear legislative...
At present, Bitcoin has been trading within a narrow range of around $27,000, and this prolonged consolidation phase is a cause for caution. The Bollinger Bands, a widely used technical analysis tool, suggest that volatility is diminishing, and a significant price movement could be imminent. In light of this information, we strongly urge you to pause your...
Good evening from Ukraine! Dear colleagues, I am glad to welcome you! If it's longs, then maybe so, because the demand test can be considered complete, and a supply test is needed before moving up. Thank you all for your attention, I wish you success. Sometimes you win/sometimes you learn. P.S. ...Think positive)
While Bitcoin has experienced a recent surge in price, there are notable indicators suggesting caution. Investors have begun to take profits, signifying a potential shift in sentiment. This could be indicative of a more cautious market stance, especially considering the prevailing uncertainties. A critical concern arises from Bitcoin's current position below its...
Despite BTC showing sell signals on Stoch RSI and Rising Wedge. its still holding the range and trying to slowly crawl higher.Will Momentum pick up today ? If Momentum picks up which side we going? These are the questions to ask. Thanks for watching
We may see 1270000 again if breaks the support. Careful upside is very limit as resistance is strong and retested to further fall from here. Best buying may come next year Jan/Feb 2024.. Stay away from the bitcoin as per technical analysis. Upside break should be very fast as of now or it will reject and fall in coming weeks or months.
Good evening from Ukraine! Dear colleagues, I am glad to welcome you! Without logic, there is no way to fall further. For the current period of time.💸💸💸 Because this is my vision of the situation, because these are my thoughts out loud. Thank you. Thank you all for your attention, I wish you success. Sometimes you win/sometimes you...
Good evening from Ukraine! Dear colleagues , I am glad to welcome you! Without a logical justification, the vision of the situation I show on the graph may not be realized. The position is set in the range of 25800 - 26300. Thank you all for your attention, I wish you success . Sometimes you win /sometimes you learn . P.S. ...Think positive)
Time seems to zoom by, and when you glance at the Bitcoin chart with 2014 on one end of the timeline and the current cycle on the other, it's astonishing how each market cycle bears striking resemblances. Our focus today is on the Weekly timeframe , where we've unearthed intriguing insights by comparing market cycles. If you examine our chart closely, you'll...
The point of a downward trend + a 0.5 interval of overall increase is 23.9k in stock terminology. then 23.9k long
The weekly chart does not look good for Bitcoin. Now that we have only one more day in this weekly candle, I highly doubt that it will end up in the green. This basically means that the candle is going to close below resistance. If that is the case, then I am most certain that the most recent daily cycle top happened at day 12 of this current cycle. This means...
After the last price target was reached: Now per a Bloomberg report, analysts from JPMorgan Chase, including Nikolaos Panigirtzoglou, have recently published a research note indicating that the cryptocurrency market is poised to find stability in the coming time. The report attributes this prediction to a reduction in the open interest of CME Bitcoin futures...
Good evening, we are from Ukraine! Dear colleagues, I am glad to welcome you! Local distribution is not yet complete. After a sharp price drop, the instrument generates a margin. There is no culmination of sales, so the possible momentum is even lower. If there is no final impulse, then an upward movement is inevitable. The mood is positive, waiting for the...
Bitcoin is currently in an 'C' upward trend. Scenario 1: There is a possibility that it may experience a decline again from the most common 1:1 extension length of 27284. Scenario 2: Due to strong selling pressure, it might not reach the 1:1 extension length and could start declining from now on. Scenario 3: As everyone is anticipating further downside, it...
Greetings, traders and investors! Today, our spotlight is on Bitcoin, dissecting the 8-hour timeframe for insights. What's caught our attention is an intriguing phenomenon - a Hidden Bullish Divergence. Let's break it down: RSI took a dip, heading into oversold territory, marking a Lower Low. Now, contrast that with BTCUSDT's price, which dropped but managed...