While many people are calling for BTC to go to $100k by Q4, I see a different view when I look at the chart. BTC looks to be in a bearish channel heading for lower lows. While I'm bullish in the short term with upside to $50k-52.8k (the restest of the prior high), I think a rejection there would setup a massive move down to $23k bottoming sometime in...
If we break and close above the ATH, then I think we're likely to see $165k as the next target to the upside. If we break and close below that bull/bear line on the chart, then it leads me to believe that $10k will be in play. Either direction we go, be ready to play it. You could set stops below $34k or buy upon a break (and close) of $65k. I don't think we'll...
This is my personal opinion and observation. it is not financial advice..
Hello IWealth Here, I have been Trading and Teaching for 7 years. and im happy to share my idea that could help you in the crypto space. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Bitcoin has had an absolute tear to the upside form 40K...
Hello dear crypto friends! New all-time high or bear market after all? No idea. All I know is that all of Twitter is bullish again and influencers are summoning the moon. Whereas the last remaining bears are looking for explanations. So what to do? Keep it simple! What do we see? Major Gann resistance for next week, price marked. And what else is...
💎Technical Analysis Summary💎 BTC/USD -Finally, BTC broke above the previous swing top at 53k dollars -Most short players got their stop loss hit after hitting as high as 56k dollars -The Bulls are back in momentum but we will have a much better view once the weekly candle is closed -For now, our immediate support is the Fib 0.236-0.382 region with the...
While I do think we're due for a bounce here. I think the highest that we're likely to go is ~$47k before we see a reversal lower. If we do manage to get above that level, then we'd have to break $52k and close above it for price to change bullish. If we don't close above that range, then I think this scenario is likely where we'll see BTC at $9-14k in March of...
Hello, Check out the update for BTCUSD, even a closer look for a possible Bull Cycle. Thank you for following, This is not a trading advice, St.Gex
💎Technical Analysis Summary💎 BTC/USD -Bitcoin is looking good today after a bullish retest on the S/R level -The chances to retest the 53k recent swing top is highly probable now -If BTC reaches the 53k level, we will have to observe for any price reaction -If the price will go higher or faces rejection because the sellers might re-enter -There is always a risk...
If that red Area breaks - We can expect Sharp Moves from BTC to go Above 100k if not - We can expect other ATHs from BTC after Testing 37k - 38k or Maybe Maybe 30k Again in the next 4 Months(at least) from now on (Which is more likely) Before this I said : BTC can Break 30k and hit 21k - I think that they don't want BTC to Lose 30k (not yet - Or Maybe Never - even...
💎Technical Analysis Summary💎 BTC/USD -The bulls showed their strength back after confirming the 40k dollar new key support -The 40k dollar zone is a confluence of multiple factors like the S/R level, 50W MA, Fib 0.618 -This weekly candle is about to close in 3 hours, if this one closes above 46k that is a good sign -A potential upside continuation up to its...
Short Again if we couldn't break that red area - BTC will go to 38k at least Or maybe 30k and then 21k if we could break that - we ll go to the 65k or 90 or even110k Lets see what's gonna happen Maybe we are wrong
Short Again if we couldn't break that red area - BTC will go to 38k at least Or maybe 30k and then 21k if we could break that - we ll go to the 65k or 90 or even110k Lets see what's gonna happen Maybe we are wrong
💎Technical Analysis Summary💎 BTC/USD -Finally, the bulls showed up after a double bottom reversal pattern is confirmed -This pattern is also a confluence of a descending bullish channel -Which is trading in the key area of interest around the 40k dollar zone -Currently, BTC is testing the mid resistance level at 48k dollar -If the bulls will continue to go...
It has become apparent that bitcoin is setting a lower high. With a move as impulsive as bitcoin experienced it is natural to look for an ABC correction after such a move. There are many ways that the price action and charts could develop but the ABC correction is one of the simplest and most fundamental moves that can exist in any analysts tool box and the nice...
💎Technical Analysis Summary💎 BTC/USD -Every time the price goes above 44k dollars, the bears always enter the market -We can see two downward trendline resistance which is acting heavy in the short term -The only good thing right now is BTC is holding the Fib 0.5 and 100D moving average -We will soon see a breakout direction within this week either up or...