Bitcoin Halving :
New bitcoins are issued by the Bitcoin network every 10 minutes. For the first four years of Bitcoin's existence, the amount of new bitcoins issued every 10 minutes was 50. Every four years, this number is cut in half. The day the reward halves is called a "halving".
In 2012, the amount of new bitcoins issued every 10 minutes dropped from 50...
Over the past couple weeks, we have seen overall sentiment of the market gradually switch to bear.
Though this may hold true, I though I would share this bullish fractal pattern and possible trading opportunity.
The chart above shows Bitcoin currently sitting just above a long term pitchfork support. This is the second time testing this pitchfork support which...
I am looking for a top here with a very tight stop. Stop is put above the prior local tops and also above the top of the bearish channel at 10724Eur. The red trendline which my red arrow points downward to around 9450 is the weekly trendline, which was tough broken in my opinion now with the current price action it has to be readjusted. It still is a valid...
Possible rise towards 10k in the coming days. Divergence in the widest timeframe and change of trend in progress after today's decline, give me hope in a possible phase of the climb towards a maximum of 10k. In case buy now and sale from between 9800 and 10k. Long position value max. +12%.
We are doing Analysis of BTCUSDT on 12 hours Timeframe.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Bitcoin is now between support S1 and resistance R1.
If it breaks through R1 the next resistance would be at all-time high.
If it breaks below S1 the next support would be at:
If it breaks below 0.323 the next support would be at:
My first guess is that Bitcoin breaks below S1 finds support at 0.618 or 0.5...
BTCEUR, Ready to return into 9100 Euro_
Indicators and oscillators show a slight strengthening of the positive trend in this short horizontal phase.
Given the conditions, it is possible to hope for a slight rise in the 9k area within the next few hours.
After roughly 30% down, Bitcoin has formed a multi-day disjointed angle and a rough formation of an Inverse head and shoulders pattern. Thus creating excellent trading opportunity for those sitting on the sidelines.
I apologize for the delay, at the time of this publication BTC was Testing Entry 1 displayed above.
We may get lucky enough to test again, or...
Exiting the green parallel channel activates a trade in the direction of the breakout.
If we break to the upside, i would really like to see that RIGHT NOW, because the do not want the week to close below the red line at around 9800Eur(although it seems very unlikely, that we can close above), which is the weekly trendline that has held since April.
If we do...
Did you miss BTC, Well BTC is here,
Apologies for my disappearance ppl.
Moved back to America for what was supposed to be 8month trip to focus on work in IT.
However, still here without a Contract yet. Anyway I apologize for my disappearance.
Fortunately, never stopped Swing Trading BTC even after my disappearance from the platform.
Like the phoenix, we will...