Based on the provided market data, the current price of Bitcoin (BTC) is $36,095. The Relative Strength Index (RSI) for 4 hours, 1 day and 7 days are 50.06, 68.12 and 74.52 respectively. RSI value above 70 usually indicates that the market is overbought and may be primed for a trend reversal or experience correction, so BTC is nearing that condition on the 1 day...
Foreword In this analysis I want to make an attempt at forecasting both the date and the price range at which Bitcoin will top at in the coming bull-cycle. The forecast is 100% based on historical data and is based on math and not on feelings, so be prepared to see some numbers and formulas. This analysis is speculative in nature because we're forecasting the...
Hello everyone, I invite you to check the current situation on BTC in the USDT pair, taking into account the one-hour interval. First, we will use the blue lines to mark the local channel of the upward trend, in which the price tried to break out at the bottom, but quickly returned to the ongoing channel. Going further, we will use the Fib Retracement tool, and...
As you can see market structure is bearish now and the price is in an external order block which has a high probability of selling. Please pay attention to the liquidity pool above the major high. The price may sweep the liquidity and then fall. We need LTF confirmation for entry. 💡Wait for the update! 🗓14/11/2023 🔎 DYOR 💌It is my honor to share your...
The AVAX holders are in a huge loss since highs, so I think the updating the low at $9.3 will be the last stage of final capitulation where we will have the huge opportunity to add this altcoin in our portfolio. Huge gree area should become the resistance, but it will become a huge support after the breakout of the price. This is worth nothing for crypto market...
Remember earlier I wrote that this trend line can be a breath of fresh air for bears? The rollback was significant, by as much as 4000 points if we consider the very peak of BTC. In the last review on YouTube, when we analyzed altcoins and the BTC chart, I mentioned that a pullback was most likely to be expected, since all indicators were at their maximum values...
The U.S. Department of Labor released CPI data for October yesterday. Both broad CPI and core CPI were smaller than the previous values and expected values. When the data was released, many tokens pumped, but quickly returned to a downward trend. This shows that fluctuation of the crypto is still dominated by ETF news. Of course, if more funds enter crypto market...
there was a significant drop in the price of Bitcoin as it experienced a sudden decline of $1000, bringing it down to $35,344 by the evening. This downward movement caught the attention of traders and market observers. The Relative Strength Index (RSI), a commonly used technical analysis indicator, also signaled a bearish trend, further supporting the notion of a...
Bitcoin, the top cryptocurrency, dropped from nearly $38,000 last week to under $36,550, a 1% decrease. This happened after a month-long 30% rise, sparking talks of a positive trend. Even though it hit $35,100 today, the crypto market mostly kept its gains from the surge, hinting at possible more growth and less calmness. Last week, Bitcoin reached $37,800 due to...
Hi All, Here a new analysis. I like THETA for many reasons: Team, Vision, Fundamuntals and especially, its Technical Graph . I think we have already did a bottom and it's time to refill my bags again. I expect a beautifull ROI during the next year, as everyone! We can see on the graph that we're drawing the last wave, number 5 in blue color. This is this wave...
Frax is squeezing below the trendline and should break it in 1-2 weeks. Additionally, the mod of the triangle becomes a support for this altcoins. 💥the pump will be huge because its fresh altcoins with a huge growth potential. It hasn't pump before, so it gives us additional confidence that this altcoin will show its potential during the bull market. like❤️ and...
CRYPTOCAP:BTC Bitcoin price action has formed a flag... Is it bullish or Bearish? Current Price: $37, 250 Price action needs to break out of flag for higher prices up to 40k. (38300, 40,900) Else price action will retrace to retest former supports (35600, 33900). Which will it be $bitcoin?
Hello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price is struggling to stay in the local horizontal trend channel. After unfolding the trend based fib extension grid, you can see a support zone just below the side trend channel from $26,113 to $35,711, and further decline may stop the support at...
The pattern on Bitcoin is really similar to Ethereum, which I outline in a recent call: Ethereum - A Sucker's Rally Before The Bitter Winter The difference between Bitcoin and Ethereum is ETH has more than 50% upside available to hit its similarly-placed goalposts, while BTC is just another ~30%. Fundamentally, the problem for crypto bulls is that the 2021...
Hi guys, this time i bring you an unconfirmed PO3 on CRYPTOCAP:SUSHI , where i still expect an Alt Rally Season, i need more money to get in ETH
CRYPTOCAP:BTC Dominance!! Pay Attention... Currently in a Descending Triangle at 53.8% Every time #btc dominance reaches the angled resistance of the trendline, it rejects! Will the same this happen? CRYPTOCAP:BTC dominance has been on a rise since Nov 2022 till now... this has accounted for the rise in the price of Bitcoin! If Trendline is rejects, ALTCOIN...
BTC, take trades at key levels that i mentioned to you in this video
Certainly, here's a detailed analysis: 📊 **BTC/USDT Pre-CPI Analysis:** - **Anticipating CPI Influence:** If CPI data falls below 3.3%, a potential market rise is expected in BTC/USDT. - **Key Levels:** Identified downside points at 34192.94 and 31460.65, while upward trends noted at 38417.99 and 41933.98. 📈 **Post-CPI Trading Strategy:** - **Trade...