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.
If we take a look at previous 2 notable cycles we easily notice similarities. From these 2, 2022-2024 looks more similar to 2016-2017, as long as we had - Breakout of downtrend line. ✅ Reaccumulation zone. ✅ Testing major bear market impulse (Which in all cases became strong resistance). ✅ What we didn't experience is correction after these 3 moves. In...
My humble BTC price prediction for 2022. Looking at historical patterns, I expect to see a deep correction followed by a bull run lasting till December.
BTC is still pushing down with big bearish pressure, we are currently sitting at 33.5K and i personally believe a reversal is in sight anyday now for Bitcoin! I am looking at our current area all the way down to the 30K mark where a reversal could be likely, 30K is a strong and established level that is also held up by the underlying 1 FIB at 28.6K. We have...
BTC super bullish so don't panic and don't trader with high leverage because when BTC make new ath BTC every time show correction so this time It's just a market correction So don't be a fool make the market super cool I m bullish in nov every nov month BTC bullish take a great look at this idea if you agree with the idea don't forget the like button
This is my take on Bitcoin for the next few weeks and months. Hope it helps even a little with perspective.
In the weekly chart, I think we are repeating a movement pattern. If you pay attention to rsi, we had this mode before the start of Megatrend in the past. So in the short term we can expect a price correction for BTC (48~53 K$). Trader's patience will also be tested ;) Then, after refueling in the created base area, the price will start its upward trend.
Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (XBTUSD 1W Chart) - Mid-Long-Term Perspective Above the 27650.0-29350.0 section: The upward trend is expected to continue. Above 47010.0 point: Expected to create a new wave. As the green...
i think something like this movement will happen on btc #BTC im still bullish for #bitcoin good luck
BITCOIN unable to broke resistance area of 64K ,most possible cenario is a correction will happen toward 61.8 fibonacci level at price of 49,000 ,then it will pull back to ATH near 80,000
btc now in last way of his wave 3 and soon make bear trend or side trend(alt season) btc is going too reaction too one of zone that i show on the chart and make his correction then going for wave5 that is strong bullish move the correction is so dirty and can hurt you so be careful about wave4 BINANCE:BTCPERP
BINANCE:BTCUSDT Bitcoin retested the support zone and bounced. BTC need to hold above $62,500 to go towards the $65,000 resistance area. The overall market are bullish. however we seen dump on (10.19 - 10.22) dates of the month, in last few months so we may see a little correction in here. !!!
// will see.. correlation and fractals analysis to support my past $BTCUSD idea short-term outlook - small correction long-term outlook - uptrend start
The BTC/USD pair grows supported by two key fundamental factors: the potential integration of the Twitter coin as a means of payment for Tip Jar and the official launch of BTC as legal tender in El Salvador on September 7. The wider distribution of cryptocurrencies in the world and the stabilization and development of the main competitor to "digital gold" – ETH...
Days ago we just faced a rapid 10K pullback from the golden pocket. Protect your capital. Prepare for the worst. I still believes we are on the waves 2 macro bullish impulsive waves. This is financial advice.
Up we go to test the resistance @ $50K... And down we go for correction wave c imo!
Bitcoin continues to show general weakness on the 1D chart. Unless it reclaims and holds above $41.5k, we could see further downward moves. Perhaps we continue falling, finding temporary support in former zones of resistance.
we saw a huge correction across the entire crypto market today, and even a week ago we had a smaller correction. I think corrections can vary in timeframes from a short one to a longer one like we are seeing now over the course of a week. We almost perfectly bounced off the 0.6 FIB level or 30K and now have recovered even above the 0.5 FIB/ 38K. These are both...