By checking the Bitcoin chart in the weekly (logarithmic) time frame, we see that the price after correction to $60,800 was again accompanied by demand and is currently in the range of $67,500! There are only 25 days left until the Bitcoin halving and we will probably see extreme price fluctuations before and after the halving! According to the previous analysis,...
Bitcoin has erased nearly 14% in the past five days, falling below $64,000. In the process, it broke below the ascending trendline that connects peaks from January 2023 and March 2023. On top of that, technicals like RSI, MACD, and Stochastic have continued to decline on the daily time frame, which is turning increasingly bearish and could imply that the...
Op - oi increasing! In case break out Pump can happen Better to take trade after clear close above 1st deviation
BTC are into ranging .... trading within $60K - $68K until breakout either way. (just like previous sideway zone back in Dec (highlighted in yellow)) good time to dollar cost averaging on spot .. the breakout will come in surprise.. IMO. DYODD
It's just a spot analysis. I think move like this pass. personal opinion good luck
Here we have a breakdown of why we should play the pullback in BTC. The halving hasn't even started and we are crushing ATH. This pullback is healthy for BTC and should see a move back up to at least $80K.
#GBPJPY UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about GBPJPY. GBPJPY is making rising Wedge Pattern. And here we are looking for good drop after breakdown. We can see drop here upto 300Pips+ in this drop. We will wait for confirmation first. Keep in touch we will update further soon.
Zooming out to overall history on Bistamp, you'll see that BTC has always hit the 200ma on the weekly (Red Line) and this time it's no different. BTC currently bouncing off the 50ma (Blue Line) around $29k but can I see it do a dead cat bounce here to around $35-40k with 12ma (Purple Line) rejection. If you track the 200ma on BTC weekly you'll see that the...
see and watch :) After a good move and breaking the important resistance and stabilization... it is ready to move towards the next targets...
BTC is ready for 75300 $ with one of those scenarios The main one is consolidation between 69K and 60 K then 75300 The alternative one is the fake breakout to 57K then 75300 i won't tell about what gonna happen at 75300 till we reach it
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Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1M chart) Since the 67K-69K section is located as shown in the picture, I believe it corresponds to the psychological resistance section. Therefore, if support is reached around 67K-69K, it...
In the weekly time, after going through an upward cycle, he made an Elliott triangle corner pattern, which with this last corrective leg will have the ability to grow to the specified area of $225-$250. The bottom of the last leg of the E $100 range is confirmed, so no new bottom should be formed below it, and I expect it to escape the corner of the pattern and...
The clock ticks down to the Bitcoin halving, which is expected between 19-21 April , with anticipation building that the event could be the next known catalyst to propel the Bitcoin price to new highs. The question for Bitcoin CFD traders is two-fold: 1. Will the ensuing price action (post-halving) be different from the three prior halving cycles? 2. Will...
Bitcoin has peaked in the 73K Area which completed the 5th of the 5th wave. I specifically mentioned this in my previous article when I said "THE PARTY IS OVER". If you were fooled by the internet hype, you can only blame your own greed. Markets don't unfold in straight lines, they unfold in cycles and now we are in a corrective one. Let me explain what I am...
this i the techinical analysis on the trades to be coded with usd
I'm fairly certain we are about to have a BTC breakout. Bulls have successfully defended $60k for ~2 weeks now and we are about to move into (arguably) the two most important BTC and crypto months of all 2024. The halving is coming up. ETH ETF decision should bring some volatility- despite approval or not. The past 2 weeks have been an incredibly healthy...
BTC-4H time. Formed Head and Shoulder Pattern. Its get stuck on support SMA 200 line. The price has compressed and ranged. It is hard to decide either can be happen Bearish or Bullish🤔. Comment your idea to give me a good point.