Currently, Bitcoin is finishing wave 5 of corrective movement. He predicts that bottom will be around $60,500. Then, we should start a rapid upward movement towards $75,000 - $80,000 Market is very dynamic, ETFs buy a thousand BTC every day and cyclicality itself has already been disturbed. good luck.
Discussing the sell off in semis today. Potential reversal in Nat gas Bitcoin & crypto selloff. FOMC tomorrow: No rate cut. Will Powell come out hawkish tomorrow? its looking likely he will based off of the BOJ rate hike. Oil surging doesn't help the dovish case. Commodities breaking out doesn't help the inflation fight.
BINANCE:BTCUSD breaks through the 69K mark, grows by 8% and hits a strong resistance zone. There is a high probability of forming a false breakdown before further correction, as there are reasons to weaken the price a bit before further growth. The flagship of the cryptocurrency market updates the high at 73794. Technically, 69K is starting to sell off...
Hello everyone, let's look at the 4H BTC to USDT chart as we can see that the price is moving below the local downtrend line. Let's start by setting goals for the near future that we can include: T1 = $65,158 - $65,877 T2 = $66,861 AND T3 = $68975 Now let's move on to the stop-loss in case of further market declines: SL1 = $62,880 - $61,808 SL2 = $59031 The...
BTC been on a bit of a correction lately, I still think there is some more downside left until BTC finds a bottom of this correction around 61 to 58K. This will be a good zone to re enter or add to your BTC bags
This wave 4 could take months, and retains the ability to be deep. Nonetheless, the Bitcoin chart is in a very low term bull market. Upon completion of wave 4, wave 5 can exceed $100,000 before primary wave i of cycle wave 3 is complete. Best to all. Chris
As we dissect the price trajectory of Bitcoin over the recent weeks, a few patterns and key levels stand out sharply. Beginning in early February, Bitcoin embarked on an aggressive bullish rally, swiftly climbing past the resistance at $51,000. This upward movement was met with a period of consolidation before continuing its impressive ascent, reaching the...
The trendline had its importance, the price crashes into it and retraces, I hope only in the short term, otherwise I may have done the math wrong. There is. Nobody knows the future and technical analysis is the study of the past, therefore the probability that this ongoing movement is a short-term correction is high, for the simple context in which we find...
📊 Analysis: Market Observation: RUNE is experiencing resistance that may convert into support, presenting a potential buying opportunity. Current Situation: The buy zone spans from $6 to $7.4, with a secondary buy zone from $3.2 to $4.2 for further accumulation if prices drop. Strategy: Utilize dollar-cost averaging (DCA) within the specified buy zones, with...
CRYPTOCAP:BTC volume is NOT heavy, small amounts of buying, mostly selling. Shorting is at the highest levels since October. People are/got FLUSHED. This is VERY healthy as it gets rid of greed. #BTC could take 1-6 months to resume up trend, Weekly chart shows #bitcoin forming a DOJI last week. 50-60k possible bottom process, we...
So, CRYPTOCAP:BTC price action, not shocked! Posted few times recently (See profile for more info) that we were selling (personal as well) small amounts of #crpyto as it went higher. #BTC was showing signs of weakening. WARNING signs to take SOME profits off. If you didn't: A) You're a long term hodler & rarely sell. In that case, shhh! B) Trader? That's your...
base on Wave Analysis Bitcoin has one more bullish wave to 78$k. its now in correction phase to finish this bullish wave
BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. A few hours ago, before I left the Bitcoin analysis chart. I drew two bullish and bearish scenarios for Bitcoin. Despite being late for a valid entry, I still think Bitcoin will go near the $75,000 level before the price correction. However, in the current situation, Bitcoin should not go back below...
Trading Setup: A Trading Signal is seen in the BTCUSDT Bitcoin (4h) (Futures) Traders can open their Sell Trades NOW ⬇️ Sell now or sell on 65360.88 ⭕️SL @ 68378.16 🔵TP1 @ 57500.0 🔵TP2 @ 52750.0 🔵TP3 @ 47129.0 What are these signals based on? Head and Shoulders Pattern Trading Classical Technical Analysis Price Action Candlesticks Fibonacci RSI,...
APT shows a new increase in volume, which could be confirmed in the coming time frames. We will follow the coin to see if it's able to confirm. The reason for the volume is the trend data that this coin shows. This coin is at basic choice on daily trends.
The retest is complete. Hold support and BTC could reach 76k in the coming week. If we drop below the support look for a dip to 53k. I'm leaning towards 76k due to ETF sales.
My strategy is in the Bitcoin price correction phase after the euphoric bull run amid the adoption of Bitcoin ETFs. In a calm news environment on the stock market, I expect to see a rebound from the 0.382 level, in this area there is a GAP in prices and an imbalance in the same area. Given the tense situation in the economic space, I expect a breakout of 0.5 Fib level.