last year price was mostly up but this year it is sideways above 60k and it has made lower low with lower high inside white parallel channel which also looks like flag pattern in long up trend on daily chart
Bitcoin is about to go up Bitcoin is very much likely to gain bullish momentum and rise COINBASE:BTCUSD
Ah, behold, fellow seekers of truth and fortune, for on this illustrious 1st of May in the year 2024, I bring forth yet another tale of folly and insight for your discerning minds. Gather 'round, for what follows is not for the faint of heart but for those who dare to dance on the edge of reason. Let us pay homage to the noble fool who sold in April., that rare...
As I've been saying, we really just need a breather after the huge runup in Bitcoin and the altcoins pre-halving and with 7 consequetive up months and Green candles. So it's no surprise April is selling off, and the halving was a 'sell the news' event. It's good news, because all markets need to rest and re-gain their strength to push higher. Watch the video...
Bitcoin (BTC) bulls cheered as the price smashed through the $68,700 resistance level, marking a significant milestone. However, the climb has stalled as the coin encounters a new hurdle - the $69,700 to $70,500 resistance zone . A decisive break above $70,500 could signal further bullish momentum. This area has historically proven to be a profit-taking...
Remember to Like, Comment, & Follow for more in-depth analysis! Share with your friends! The greatest compliment one can give is a referral I've seen too many doom and gloom posts for Bitcoin, and there are macro and micro bullish patterns being layered with more bullish patterns as we get closer to the Havening. Bitcoin is in a descending parallel channel, but...
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
Not financial advice. 🔥The next bitcoin target gonna be 85K. 🔥 Your choice 🤑
Hello Traders, Checkout the latest bitcoin update. When everyone was in fear we again told you to enter in market as this is the oppurtunity and you can see if you enter in any coin 12 hours ago then you are earning easy 10% returns (without leverage). Now it's on you whom you want to follow , the one's who goes with where market goes and post late updates or...
BTC Updated ~ 12H 📈 #BTC Successfully break out of this pattern, May retest this support line to rise again. we will update it again.
Run a quick one on bitcoin and the expectation for a buy/sell... for buy i'm expecting price to break and close above $71,649 and my buys will be executed - target $73,824 average area. FOR SELL Expecting price to continue pushing down towards $69,421 area and a Break&Close below the average will execute my sells - target $68,046 average area.
CRYPTOCAP:BTC was in a downtrend with two red weekly candles, but last week BTC had an important rebound that flipped the yellow resistance line into support. Although bears sent the price below the yellow resistance line, there was a bullish rebound and BTC closed the week above the yellow line. I think there is a lot of bullish momentum still and bears should...
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.
On the 4-hour timeframe, Bitcoin appears to be within a distinct channel. This week, it experienced a decline, reaching the 65654 support level at the channel's bottom before rebounding. Currently, it has bounced off the 67562 support and is heading upwards. If it breaks above 69005, it could revisit all-time highs. Back on March 3rd, Bitcoin formed a flag...
I expect Bitcoin can retest the below line on the channel and we may see a small correction. that can be the point of entry for a possible target of $81000
in this analysis, you can see after every consolidation BTC pumped a minimum of 14% , so if you see this pattern in this bull run if BTC breaks this new box WE CAN SEE a new ALL-TIME HIGH IN BTC
The poor shorts. all the information he said in the video. if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.