Bitcoin's challenge with the resistance zone is evident; it's yet to muster the strength to break through. Presently, I'm anticipating a potential decline. Keep an eye on this space for updates.
Hi, welcome to my analysis, Sorry it's been a while since I wrote an analysis due to the Eid al-Fitr holiday. this time BTC dropped and formed a down channel, but we have a Fibonacci support area between 63546 to 62608 and if this Fibonacci support is broken, then the following support will be at level 60211. The bullish target for BTC this time is in the range...
Bitcoin has been ranging between 60,000$ and 72,000$ for a month, in the next three months we have two scenarios. 1- if the 60,000$ resistance is broken, it will fall to at least $40,000 to $44000. 2 if the $73,000 support line is crossed, it will rise to $100,000 Currently, the best price to enter is $60,000 to $63500 and in case of breaking the resistance line...
Bitcoin miners see rewards cut, Dorsey jumps in: Bitcoin miners collected more than $100 million in revenue for the halving on April 20, the highest total ever recorded in a single day. But now miners face a drop in mining rewards that could reshape the industry. And one familiar name is jumping in. Speculators hopeful upcoming Fed meeting will leave rates...
Current Bitcoin ( CRYPTOCAP:BTC ) price action suggests a descending channel formation, with notable support around the $60k mark. Analysis indicates the potential formation of a descending triangle pattern, where the lower boundary aligns with the $60k support level. By projecting the triangle's peak downward, strong support zones emerge in the range of ...
BTC / USDT After the massive drop of market in 13th april The market turned to be range market with slightly bearish in short term However in med - long term i still see it very bullish specially after the halving event that occurred 4 days ago In the coming days/ weeks we can see BTC is testing 60k zone multiple times with some fakouts here and there...
Why Coinbase Could Soar to $260 Post-Earnings Coinbase, the renowned cryptocurrency exchange platform, has been making headlines with its impressive financial performance. As we approach the next earnings release, there’s a palpable buzz around the possibility of the stock price hitting the $260 mark. Here are some compelling reasons why this could become a...
Bitcoin is following my previous-halving plan. I think that from now on, we should look for long trades only (excluding some scalp trade). Actually, i starting to enter long targeting new ATH, especially if the short term support zone at $65.000/65.300 will hold.
BTC continues its saga. I believe this is a corrective saga. Being corrective, I believe that the end to this saga is the attempt to have a beautiful bullish rally soon. The FED could help with this "rally". What a thing, right? Monthly bias there is no change in strength, therefore the SETUP used still points to the bulls in the direction of this chart time. On...
Rune is completing another big reacumulation wyckoff scheme Recent movement made a structure break on 1 hour interval after grabing some liquidity lows and touching 1 week imbalance. Pretty BULLISH for me
Currently, crypto market users are divided into two camps: 1️⃣ - to the mooon with the first stop at 100k and 2️⃣ - the beginning of a correction to at least 50k. Two ultra-radical camps that will find 101 reasons why it should be exactly as they "want and expect" and not otherwise. On the #BTCUSDT chart, we have copied and displayed the fractal of #Bitcoin...
The $59000-$61.000 range is a very good entry area before halving, but this price depends on Bitcoin Price Action (BTC) and depending on news from the war taking place in the Middle East. Here are some factors to consider: 1. BTC price action: Keep an eye on BTC price action. If BTC starts to drop, then MANTA is likely to follow. 2. Volume: Look for increased...
Hi dears, i thinking that BTC pulled back pretty enough after strong sell, and i expected that from here around 65000, maybe with another leg up to 66200 we will gona drop again. I assume 58000-58500 can be good point to check situation for closing short for another bounce up and looking for another short entry after bounce back. I still believe that swing term...
Trading Setup: There is a Trading Signal to Sell in BTCUSDT Bitcoin (15m) (Futures) Traders can open their Sell Trades NOW ⬇️ Sell now or sell on 63898.7 ⭕️SL @ 64680.0 🔵TP1 @ 61570.0 🔵TP2 @ 59600.0 🔵TP3 @ 55550.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger...
Don't be worry about #btcusdt, we will see it on the top 100k, as soon as possible. #btc #btcusd #btcusdc
The recent sideways movement in the Bitcoin market has many investors wondering when the next bull run will begin. Blockchain intelligence firm Santiment suggests a specific metric to watch: the Mean Dollar Invested Age (MDIA). Understanding MDIA: The MDIA tracks the average age of investments in Bitcoin held within the same wallet addresses. When the MDIA...
Simple channels have formed, while volume is down, we are in a short term correction and looking at good buy points to take long.
Bitcoin has lately experienced a “winding down” of the bullish vibes in the market, so it makes me think it’s the type of feeling you get right before a big move. Because of how the indicators are positioned, and how bullish and cautionless the market currently is, I expect it to dump to new lows. As shown in the chart, we're in a bullish parallel channel, and I...