Bitcoin swept the lows yesterday and with these couple of days of pushing to the upside we could see some downside today specially with DXY pumping.if dxy retrace we might legup to 28.1 or higher.
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Bitcoin Holding a good range to sweep both sides for FOMC - to the upside 28.1 and downside 26.5. after that it will make the main move.I didnt mention fibs today but keep them in check.
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BTC took some daily high (27.5) remains.now it will squeez weak short hands Then it needs to sweep the lows.if the low holds we could see a surge in price tomorrow on fomc
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Bitcoin performed a liquidity grab to the upside (origin of dump) now its heading to grab lower liquidities. 25.1 to 24.7 could be the possible target
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Bitcoin is forming a bear flag pattern right now, which indicates a potential continuation of the downtrend. However, there is also a strong support zone at the 25.1 Fibonacci retracement level which can bounce back up
If bitcoin can break above the flag resistance, it could rally to the 29K level, where there is a major down trend line that acted only as...
Bitcoin trying to breakout of 30K and goes into 31-32K.we could see a decoupling happeing between SPX and BTC.
If BTC loses 29K again then loses 26.8K we could say we are not going to 31K if not there is a slight possibility for us to reach there before a major move to the downside.
SPX at a key support level as same as NQ1
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Bitcoin/4H crappy volume after 3 leg to the downside.keep in mind the downside MUST be faster,more painful so all the upside movements mentioned in the video is way less possible than down side moves
Overall this looks like bearish momentum is heavily building up and a capitulation candle is due.
From the point of view of neo waves, we are in wave C of a big concern, that wave C has become a diametric, and wave G has remained this big diametric.
First of all, it is a bit difficult to comment on future moves because we are in the region of suffering. I think we will have such a movement on Bitcoin itself.
We are in a range zone where the price is trying to reach the ceiling of this range, and then after seeing the vicinity of the ceiling, the price will try to move towards the bottom of the range.
Is BTC going down?
I felt sorry for many people because of this situation. It was really a stock market manipulation. Or so I think. Because big volume single candles can be drawn by a large whale.
First of all, I will introduce you the signature of our biggest whale on the chart.
Yes it looks like a harmonic pattern. But there are about 70 different patterns...
Hi guys..its the latest analyze chart of #BTCUSDT in #4H time frame .if you are interested any crypto that you want analyze with me and any questions please do not hesitate and comment below the chart!
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price of the BTC broke the descending bearish movement and is now in a rising channel.
price can make a new lower low or jump higher to hit the 10350 level which is also a resistance
