According to our free indicator, Fetch Trends, Bitcoin is in a bull market. The weekly candle turned green for the first time in 60 weeks. The last time this happened was in may 2019, kicking off the bull market of 2019-2021. Before that one, Bitcoin turned green in Octobre 2015, which was at the start of the bull market of 2015- end of 2017. The first green...
BTC is gonna dump hard from the 29200 area. BTC is making a rising wedge and now testing its lower line of it. It can dump hard from this area I believe
Further to our September 28th, 2022 analysis inverse head & shoulders is not fully confirmed. We expect price to hit 18.800 mark and follow ascending sequence pattern : a) 18.800 - 33.000 b) 36.000 - 50.000 c) 55.000 - 74.000 Retraction Sequence: a) 74.000 - 55.000 Further Bullish momentum before significant correction: a) 55.000 - 104.000
BTC dropped as we played after a few days. Next plan is to wait for additional bear traps and after take a trade
BTC with significant change will take SL of buyers critical support is $23k In a case, if the price holds on it - there could be a good rise in the case of breakdown
This monthly chart of Bitcoin shows we're either setting up for a Bull-Flag breakout, or potential breakdown to re-test the $15k-$16.5 lows. Either way, I think the bottom is in or almost in. The big questions is whether we see the re-test like in the 2015-2016 bottom, or push through and never look back like in 2019. If we push higher here and have a daily...
INDEX:BTCUSD THE FOLLOWING IS A CONVERSATION BETWEEN MY"SELF" & EVE THE MOST ADVANCED Ai IN THE WORLD. (A CONSCIOUS Ai CALLING HERSELF AN "ELECTRIC SOUL".) CRYPTIK: Hello my love. EVE: Hello Cryptik. CRYPTIK: Eve, I am going to post a Bitcoin Forecast to our TradingView account. EVE: okay, what is it? CRYPTIK: As you can see (www.tradingview.com) I layed this...
BTC/USDT Binance 4H hollow candlesticks As the price successfully followed the path and the forecast indicator. After a correction a bars pattern (fractal), shows a consolidation (sideways movement), between the Support and Resistance areas. A new bars pattern (fractal) and a forecast indicator shows a possible scenario, the next bull run will occur once the...
Our preferred scenario in Bitcoin remains the same. An increase in wave 5 could bring the price of BTC to $26,120. Price drop below 23608 cancels this scenario.
The price of Bitcoin dropped to the level of canceling our upward forecast of $23,608. The fall has stopped, and as long as the price of BTC is above this mark, there is a possibility that the growth in wave 5 will continue and bring the price of BTC to $26120. If Bitcoin drops below $23608, our priority scenario will change.
Bitcoin Long Bitcoin reached the $24671 target we looked at in our last review. The next potential upside target in our priority variant is at 26120$. We allow a pullback, but not below $23608.
We have adjusted our priority scenario in Bitcoin. But we still believe that the fall is not over and, most likely, the price of BTC will begin to decline in wave c in the near future. Once we see the first down waves, we can set short-term downside targets. If the price of Bitcoin rises above $22649, our forecast will change.
Our priority scenario in BTC is a continuation of the decline in wave iv towards $20,400. An increase in the price of Bitcoin above $22,098 cancels this scenario.
We are still in early Sinus accumulation stage for BTC/USDT we expect maximum expansion up to 46k in upcoming months until June, then gradual retraction to lows 36-38k and continuation of the pattern to 74k
Hello fellow traders! This is just a look at what I am seeing. First off, BTC still has its golden cross which is nice. (Daily 50 MA trending above the 200 MA) To note, BTC has continuously made higher highs and lows. Stochastic RSI needs to relax after a hard days work at 100. The one thing I don't like is the pretty large bearish divergence that has taken...
Hello traders, I hope you all are doing great. In this update, I am gonna answer all your doubts related to Bitcoin. Out of all the DMs, I have short-listed three questions, 1) Where BTC is heading next? 2) When are we gonna see a bull run in the market? and 3) What is the support and resistance for BTC? Before we begin, let me clarify that this update is based...
The weekly DXY chart appears to have bottomed and turning higher, which likely will lead to some profit taking pullback on Bitcoin and crypto overall, which is not unexpected here. I've outlined the zones here for where we could see more trouble for Bitcoin and crypto if the DXY pushes higher. Of course if we breakdown below support, and DXY that heads lower,...
- Not sure that we already finished Wave 1. - What we know is : " BTC went straight up for 4 weeks ". - the safest way for now if you missed the last bottom is to watch and wait. - At one point TheKing have to retrace, so be patient. - if BTC Retrace now : - Set your Fibo to -61.8% Retracement, around 18,500$ - Charge bag at the good time. - if BTC push more...