Bitcoin up 377.59% since November 2021 As the next halving approaches (April 19 2024), it is time for a retracement before the big pump. It always happened in all previous pre-hanvings. If the GETTEX:64K support is broken the next one will be in the $58k/$57 zone. Next week will be very important for us to really see the extent of the retracement.
It seems that a head and shoulders pattern is forming, and Bitcoin is likely to move towards $60,000, then rise to $64,000, and possibly $52,000.
No one knows exactly where the market will turn except me. I conducted an in-depth analysis and came to the conclusion that after the correction, which starts from current price values, there will be a final wave of growth. Not all alcoins will update their ATH. Should update its historical maximum: tron, bnb, eth, solana. The size of the correction on Bitcoin...
As the digital currency landscape continues to evolve, one token that's been drawing attention from the trading community is OGV (Origin Governance). This token represents a significant step forward in decentralized finance (DeFi), offering users a unique opportunity to participate in the governance of the Origin platform. What Makes OGV Stand Out? OGV is not...
hi guys I'm msnp.. bitcoin is going up today and I wonder that what are you doing in this time? buying? selling? hodl? happy? worried? sad? so first of all lets see what happening on technical side : in last post about bitcoin we said everything you need when you sell and buy and now i see a channel , last move speed was so high and i think its unstable so be...
As we approach the much-anticipated Bitcoin halving scheduled for April 19, 2024, it's essential for traders and investors to assess the potential price movements based on technical analysis. In this analysis, Bitcoin reached its previous all-time high (ATH) of November 8, 2021, while considering the formation of a Cup & Handle pattern and a retracement to the...
As the United States continues to approve Bitcoin spot ETFs, more and more funds are entering the market. Undoubtedly, these institutions have made a lot of profits. However, the bull market for Bitcoin cannot last forever: The overall economic performance in the United States is struggling, and the issue of inflation has not been fundamentally resolved. The...
Bitcoin is teetering on the brink. Bitcoin took advantage of news to increase its price and remove a large number of traders, while it should move down much earlier than the touch of these prices.
BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. The cryptocurrency market has entered its bullish rally, but keep in mind that Bitcoin miners are planning to sell their Bitcoin before the halving event in order to make a good profit from this price growth. Considering that the price is approaching the Fibonacci channel, the possibility of price...
Bitcoin Halving: Catalyst for Price Surges? Historically, Bitcoin's price has shown a tendency to increase after a halving event, although the exact dynamics can be influenced by a myriad of factors beyond just the halving itself, such as market sentiment, global economic conditions, and technological advancements within the blockchain ecosystem. Here's a brief...
Based on a Fibonacci starting at the low Monday February 26th and running to the high (wick) Wednesday February 28th and resistance at the 0.5 Fibonacci on the 27th... Thinking 57,600.00 is a possible limit order especially If volume decreases. The directional index and ADX are slowly trending down on the hourly chart. The Squeeze momentum indicator is heavy...
Bitcoin has surged to impressive heights, marking a remarkable 26-month high as it soared to $53,360, a gain of over 4.6% within just 24 hours. Analysts are buzzing with excitement, with some like Ali Martinez pointing out the significant activity among Bitcoin whales. 🐋 These major players in the crypto market seem to be going parabolic, indicating a bullish...
Hello 🐋 Considering the chart and my previous analysis, the price has hit the target. 👌💪 I anticipate the formation of a new parallel channel in this timeframe, marked by a range of candlesticks both to the downside and upside.📚✔️ Our main goal is to achieve additional gains, ideally reaching at least 51k to 53k. 🚀 📖💡 Feel free to express your perspective by...
Well, as you can see the price started the retracement and hit the bullish order block that formed at the 0.705 Fibonacci level. Now if the price stabilizes above 0.536, we can expect the price to fill the FVG, but if the price is rejected from the bearish order block (0.5227-0.5367) we can expect the price reach to the previous low at 0.4477 and then...
Hi Traders! The trend is bullish on the main time frames, but today we will only follow intraday chart (Log Scale). That said, from a technical perspective, CRYPTOCAP:BTC is forming a 12345 bullish impulse structure, and we are currently in wave 3. If our analysis is correct, Bitcoin could trigger a corrective structure (ABC or ABCDE Pattern) in short term...
Hello 🐋 Considering the chart high volume, the breakout of the resistance zone to the upside and these shape of candlesticks 👌💪 I anticipate upside gains, with a primary target of at least 47k to 49k📈🤞 and I see many stop loss hunting and shadow candles too be carful and watch your stop loss 🧨💣 📖💡 Feel free to express your perspective by commenting below. Thanks! 🐋