BITCOIN price made a bullish move from $42,800 and is currently close to resistance area around $47K, so after a bullish move as well as price close to resistance, I expect the price to do a little correction before resuming bullish trend, And if bullish pressure is to high price might continue its bullish trend without correction. Trade Wisely *The content...
I wasn't expecting the price to rise so much, but doesn't matter. As we has seen lot of times, it's squeezing some shorts. And as always, the higher the squeeze, the deeper the drop. I don't think it will broke above previous high (but i can be wrong), but what is sure is that is going to drop soon. It's clearly a bull trap, and it can go up a bit more before...
Hey everyone! 👋 Today, we're diving into BTC's latest moves. I've spotted some intriguing signals that suggest a correction might be on the horizon. Let's break it down. First up, BTC has hit a significant daily order block (OB), which is often a precursor to a shift in price direction. For those who've been tracking, this OB has been a critical area to watch....
BITCOIN price broke below Ascending trendline, currently price is in a correction mode, after the correction I expect the price to move lower. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
BTCUSD price got rejected from the descending trendline and resistance area, If price stays below the support, we can expect the price to move lower towards support area.. In case, price breaks and close above the blue zone, price will be bullish.. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for...
BITCOIN price has show rejection from the trendline, If price continues to stay below 43200, I expect the price to move lower. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
BITCOIN price made a bullish breakout of the Wedge pattern, price to move higher towards next resistance area. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
CRYPTOCAP:BTC 48k region acting as resistance mentioned in the last tweet. The market is going to test the trendline at 32k to 34k region. We have seen no weekly correction since the upward movement from 28k. #altcoins
Beautiful Elliott Wave structure playing out... EOS.IO is a blockchain protocol based on the cryptocurrency EOS. The smart contract platform claims to eliminate transaction fees and also conduct millions of transactions per second. It was developed by the private company Block.one and launched in 2017. The platform was later released as open-source software. #mana
Bitcoin 2024: A Comprehensive Analysis of Potential Investment Opportunities In the ever-evolving landscape of financial investments, the emergence of cryptocurrency, particularly Bitcoin, has become a focal point for serious consideration. Despite its current valuation hovering around $42,400, a more nuanced examination reveals compelling factors that position...
BTCUSD price has shown strong rejection from the resistance area , currently price is in a correction mode, after reaching the resistance area(shown in the map), if price shows rejection, we can expect the price to move lower the nearest support area around $41,000 and if price breaks below the the support price may continue lower towards $37,500 area. Weekly...
I think we can consider a scalp to the downside for Bitcoin at this point BITSTAMP:BTCUSD ************** This is not a recommendation to buy or sell or to invest, it is only placed to increase your information. Investing in the financial markets requires sufficient training and high-risk acceptance.
It seems that the next destination of Bitcoin is 38000 $ It's just a feeling! BITSTAMP:BTCUSD ************** This is not a recommendation to buy or sell or to invest, it is only placed to increase your information. Investing in the financial markets requires sufficient training and high-risk acceptance.
Bitcoin is in an ascending channel in the 4-hour time frame, now at the bottom. It seems that according to the volume it has collected from the bottom of the channel and according to the fundamental news, we can imagine a bullish view of it. ************** This is not a recommendation to buy or sell or to invest, it is only placed to increase your...
Currently, BTC broke the internal (4H) uptrend market structure. 📉 Higher Timeframe (1D) Low not broke yet which is around 40k. (Which remaining uptrend) 📈 But internal market structure broken, and now it could try to retest the 50-60% fib level with the huge Fair Value Gap (FVG) as a confluence. BTC also now in multiple trend line support, so we can aspect the...
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...
The recent increase in price of Bitcoin (BTC) from the oversold area is a strong signal of a new bull market. With the current price at $23,369, the technical analysis suggests a potential rise to $240,000 or even higher in the next few years. The chart shows a possible month-to-month movement of BTC, reinforcing this bullish outlook. Additionally, increased...
The following Bitcoin analysis is for informational purposes only and should not be considered as financial advice. Cryptocurrency markets are highly volatile, and past performance is not indicative of future results. Always conduct your research and consult with a financial advisor before making any investment decisions.