Historically, 2 confluences has been great time to pick some cheap bitcoin. Is this time different? Maybe but until it is proven wrong it is not. 200 Week moving average Logarithmic curves As the chart suggests, we not only have 2 but 3 confluences as 1.618 Fib level is close (Green Box) Yes this does mean in short term we may visit lower levels but this could...
Hello guys, great week to everyone. So my view on BITCOIN didnt change in last days. I think the IDEA from last Update is still in play. But - Im staying alerted, since trading range is getting squeezed into tight range, so I would be expecting highier tide of volatility to come sooner rather then later. For this reason, I would again suggest to EVERYONE...
Hi again... As I ment in into, I think this FED meeting was kinda good lead what to expect next, especially because J.Powell insight, since he run the show. To understand better my Idea whats going on, I try to break Weekly time frame into Daily chart posted under.. _________________________________________________________________________________ So, in...
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...
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
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.
Without any additive descriptions, I think target of this cycle will be around 190K, and we will reach this target around April 2025. That's all
BITCOIN might be heading towards 31000. First stop is 40000 area before moving towards 38000 area. Wait and see price action at 38000 area. The bias is most probably bearish and might be price move toward 32000.
#1 With Bitcoin you can confirm every transaction which means that with a hardware wallet you can transfer Bitcoin Directly to it without third party confirmation service -- Such as when you are using a browser wallet. -- #2 Bitcoin is open source which means that you can send and recieve it from anywhere around the world without paying license fees. -- #3 ...
Hello everyone, as I ment in last week idea, I am expecting BTC rather going LOWER then Highier, prior to FED meeting which is next week. Since we doesnt have much volatility last week, Im would expect bigger moves to occur later this week, when Market related reports start coming... To understand further view I would suggest to first check this out: As...
The price is still in Stage 1. Although internal consolidation looks bullish. Volumes are dried up when price pulls back and expansion when price moves up can be seen. The bullish spreads are also getting wider. Some traders will perceive the internal structure as inverted H&S, while some will see it as Cup and Handle pattern. Reminder - We still need a decisive...
Bitcoin just broke through the inflection point towards the value area and has reacted with the value area. This could mean that there is a very high possibility of Bitcoin going short for the next months. This means that 2024 could overall be a "short" year for BTC. So what could this mean for investors concerning Bitcoin ?, Firstly it means that if...
This is a composite of quite a few systems, but the screen here has been reduced for ease of reading. The economic sentiment right now is not favorable so a pullback of BTC is very likely. This is not signaling a weakness in crypto, but just the overall uncertainty in investors in ANY market. Look for the BTC pullback end of March early April. Securities and...
Bitcoin is currently forming a FLAG & POLE pattern. Wait till it breaks the descending trendline and retest plus bounce from it. Max target would be 50000. Be careful of liquidation candle
Bitcoin made it to the measured move target at $45,800 which was followed by a massive 11% sell-off in the course of an hour. This is the second major sell-off at these levels in under a month. Is this the opportune time to short? How do we trade this? 🤔 We have several data points in favor of a short. We've completed a Measured Move, three legs up in a bull...
#BTCUSDT VIP Spot 🔥🎯 Target 2️⃣ : done✅ Entry price: 23141$✅ Price reached : 45950$ ✅ Profit: 98.56% ✅🚀🚀🤑
Now Bitcoin is near $47K. $47K is the next resistance level for Bitcoin. If it passes this level, I predict that it can arrive at $60K and then FWB:65K in the near future. However, if it shows a reaction to $47K, I predict a correction till $37K. The correction can continue till $32K too in a pessimistic mood. Anyway, I'm optimistic about Bitcoin's price in the...
lease validate this pattern. Bulls in control of wave 3