Currently, Bitcoin is Approaching the 45k Resistance and it may Retest it for the 5th Time. We got rejected here for 4 Times earlier but this time, There are 2 Charts that additionally Support the bulls. They are A bullish Total market cap chart and a Bearish USDT Dominance chart. Currently, The 45k resistance is strong and we have the resistance coming from the...
Time to start dusting down our BTC charts... It's been a few since we've looked at this in great detail, time to dig deeper and pick out some key areas to start monitoring for doing business in From a waves perspective, despite the retrace, Buyers are in full control with $218,000 now the next target in the crosshairs. XBTUSD directional bias also has...
Recently we noted that migration of capital out of Russia would benefit cryptocurrencies. We even noted that it was possible for the downtrend in cryptocurrencies to cease and reverse to the upside, especially if the general stock market would stop ongoing selloff. However, so far this has not been the case. The general stock market has been volatile and...
Soyons fou, mais je vois très bien le BTC atteindre les 78K d'ici les prochaines semaines
Everyone knows this asset tends to defy gravity Bitcoin is the unilateral asset of 2022 Bitcoin does not discriminate it just is it will be used to support global economy for the coming new economy many have no idea that a new order is emerging.
On 24th February 2022, when Russia invaded Ukraine, BTC stopped its decline at 34 324.05 USD. Prior to that we noted the tightening cycle in the U.S. combined with prospect of higher interest rates continued to pose a substantial threat to the price of cryptocurrencies. However, these odds of higher interest rates have fallen dramatically over the past few days....
Bitcoin fell approximately 14% since our last update in which we boldly stated BTCUSD would not reach a new all time high in 2022. We pointed out that the price of Bitcoin retraced towards its 50-day Simple Moving Average which represented a correction of the downtrend, seeing the price bounce back to 45 850 USD. We also stated that the volume kept falling while...
Well whole market does not look good. We can see even on the dominances charts that btc should do a move - i think price will break down. Several reasons. Total market cap is going lowe and it is really bearish - profits are taken back from the market. Another one - all stocks indexes looks very very bad - so i think there will be war soon unfortunately :/ Another...
Hi everyone. First I want to thank you for your support and your previous suggestions. As I mentioned before bitcoin should get close to $30000 and the hype that we experienced of the news as mentioned on past post sould not make a big movement in the process. As always do not forget this is not our game. Big players make the action, We only can choose...
- ZOOM - Elliott Wave : Motive waves :12345 corrective waves ABC - The Elliott Wave Theory is a form of technical analysis that looks for recurrent long-term price patterns related to persistent changes in investor sentiment and psychology - see also this prediction - this analysis will be invalidated when the price cross the line that passes through the...
BTC is in his long channel there is 2 ways to its TP green or Orange line :) for traiders its important to look to btc SUPPORT LINES FOR INVESTORS the long vıew ıs ok to take ın for low risk: ıf 45000$ support line breakes up successfuly it is time to take in what do you think? I think maybe a shadow to lowest price of channel may happen but the tp is still...
Bitcoin rallied over 34% since its low on 25th January 2022. Rally has been fueled by speculation that the FED would not raise interest rates as aggressively as it projects. However, we think the FED will be forced to raise interest rates at least twice this year, primarily due to high inflation which poses structural risk to the global economy. Therefore, we...
It might retest the negative price trend line but after that we can expect a strong long move.
Bearish divergence + Resistance = bad couple Have a nice day
Hi traders, 55k PRICE TARGET As you can see on the daily chart of Bitcoin (BTC). A resistance line has been a key figure in this downtrend. However, this resistance line was just broken and we have broke out! Pulling up the Fibonacci Retracement, it's safe to say the golden pocket target is at 55k. Watch this level very closely, Safe trading -Pulkanator
I think that BITCOIN is currently ranging, so buying now is not the way imo. Expecting drop into lower fibs. Smash the lick button! Cheers! Check my other stuff in related ideas. Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Feb 5th '22, 12AM UTC --- good evening, here's a quick analysis of the BTC price action showing that it is not ready to reach 40k just yet , but might soon. Here I use the Phoenix Ascending, the Stochastic RSI and the regular RSI. General market outlook - Over the past week BTC has been correcting to the upside along with stocks. Now that this slow upward trend...