The bulls won! They pushed prices above their historic highs, and ETFs also performed remarkably well, backed by securities houses. A beautiful victory! But now, who will be the next opponent? Just like gold, is Bitcoin (BTC) fulfilling its role as a protective reserve? Given recent news, it appears so. Everyone is rushing into cryptocurrency, just like they rush...
In my analysis of BITSTAMP:BTCUSD yesterday, I mentioned my expectation for a new all-time high from Bitcoin in the near future. However, during yesterday's trading session, the price once again failed to surpass the 72k mark, raising some doubts about my outlook. Firstly, after breaking above the 68k zone and retesting it, I anticipated a new local high....
In this BTC/USDT chart, the overall structure is bullish, as indicated by the price being well above the Ichimoku Cloud. However, currently, the price action is showing some consolidation after a significant uptrend. The Ichimoku Cloud's span is wide, which usually represents a strong trend, but the price nearing the Conversion Line (blue) might suggest a...
CRYPTOCAP:BTC #BTC second attempt at $71,379 followed by bullish engulfing on 4h from yesterday as expected! Hanging above $69,813 support, moving sideways with very weak volume. Put bullish engulfing on last daily close, needs volume to follow thru, Which could result in a test of $73,523 previous highest resistance - first and last tested on March 13-14....
In my analysis of BITSTAMP:BTCUSD from March 17th, I pondered whether Bitcoin's bullish trend should cause concern for its bulls. I concluded that there was nothing to worry about and highlighted the importance of the 62k zone, suggesting that buying within that zone would be advantageous. As anticipated, the price reversed precisely from that zone and even...
HELLO FRIENDS As I can see BTC is now trading in downtrend dollar dxy showing a strength and we hope so it will drop till design levels as soon as this four hour makes a big red candle world will realize how Golden Forex Traders trade BTC and Commodities it's just a trade idea on the base of technical + Fundamentals share Ur thoughts with us we appreciate Ur...
We are already in the last week of March, and it seems to me that the corrective process outlined in the previous analysis is about to happen. We are seeing prices losing strength and opening up margins for corrective drops. As I always mention in my analyses, the long-term chart does not indicate a change in direction, so the increase is still strong for this...
CRYPTOCAP:BTC #BTC Back on $66,323 support, put bullish engulfing on last 1D close, RSI on 1D and 4H looks good, expect $67,716-$68,546 test if followed thru. Next key support from here $64,344. Watch given S/R
🏃♂️Bitcoin is moving near the 🟡 Potential Reversal Zone(PRZ)($63,000-$61,800) 🟡,the lower line of the descending channel and 🟡 Time Reversal Zone(TRZ) 🟡. 🔔I expect Bitcoin to temporarily rise to at least the upper line of the descending channel and then the 🔴 Resistance zone($70,600-$68,400) 🔴. ❗️⚠️Note⚠️❗️: An important point you should always remember is...
In my previous analysis of BITSTAMP:BTCUSD , I expressed my expectation for Bitcoin to reach a new all-time high, which indeed occurred as the price broke above 70k and sustained that level for several days. However, following a brief test around 74k, the price began to decline and fell back below 70k. Now, a crucial question emerges: Is this a change in the...
HELLO FRIENDS As I can BTC is not testing a strong resistance after a drop I am expecting I will retrace more after an ATH high and over bought conditions on weekly charts this TF is based on bearish move and resistance zone retesting after break is a good entry with a low risk and higher rewards. Friends it's just a trade idea share Ur thoughts with us we...
According to the wave count and the fresh demand range, it is expected that if the price reaches the green range, it will be rejected upwards. If the price reaches the green area, we will look for buy/long positions in this area. The targets are clear on the chart. Closing a 4-hour candle below the invalidation level will violate the analysis Due to the...
CRYPTOCAP:BTC #BTC $73,523 highest resistance yet, currently back in previous key areas, $68,546 resistance testing, RSI on 4H and 1D looks good, current daily forming bullish pin bar, key support at $66,961 as of now, halving is almost here! Let's Go!!!!🔥🔥🚀😎
expecting something like this from JASMY. Right now we are in w4 of 3 soon to start wave 5 of 3.
- Only we can look at past to try predict the future. - Nothing is certain but death and taxes. Happy Tr4Ding !
Current Status: BTC faced rejection near $73,000 and has initiated a corrective move, which is healthy after its rapid ascent in recent months. Key Support Levels: $65,000 $60,500 $56,500 Potential Scenario: This correction might unfold gradually over the next few weeks. Expect relief bounces amid the descent, during which altcoins could outperform BTC. 📊...
HELLO TRADERS As i can see BTCUSD hit ATH and created a double top i am expected a weekly and month and daily its ATH now and in extreme Greed level now its good time to sell now till given buying levels and get minimum 9k pips on this trade... Friends we can buy BTC from given Strong support and hold till halving it can hit given Tps Grayscale Bitcoin Trust ETF...
🏃♂️Bitcoin is moving in the 🔴 Resistance zone($69,000_$65,000) 🔴. 📈From the point of view of Classic Technical Analysis , it seems that a Rising Wedge Pattern has been formed, although, at the same time, we seem to have witnessed a Bull Trap , and this Bull Trap caused a new All-Time High(ATH=$69,990) to be created for Bitcoin. 📚What is the 🐮Bull...