The chart indicates bearish sentiment, with arrows pointing towards a potential price decline. The current trading price is close to a crucial support level, and a break below could trigger further declines towards $60,267.63. Resistance at $68,162.11 remains strong. If Bitcoin fails to break this level, it could increase selling pressure. For traders, keeping...
$67,006 (as per the latest chart). Highs around $68,162 and $71,000. Immediate support at $65,800 and lowest at $60,267. The chart shows an upward trend with potential pullbacks. The green upward line indicates potential targets around $71,000. Moving averages (21,100 MA): Prices are above these averages, which indicates bullishness. Indicates potential pullbacks...
Continuing but with fresh charts from the first idea (Shot call no1) and now to catch the second leg of the idea since last week. Things look according to plan, despite getting here a different way, the price points and bias are still valid. Short was activated at the target of the last idea, Trading strategy is Risk on 100% of the time. If it's going let it go,...
BTCUSDT 1D: uncertain zone We are in those moments where anything could happen. In favor of a BULLISH movement: The 3rd Decreasing Minimum has touched an important support zone The HASH-RIBBON indicator shows us BUY in periods of 1D and below. 1st major TP: 90K In favor of a BEARISH movement: Series of 4 Decreasing Maximums 1st Resistance at 71.4K 2nd...
Hello, BTC tried hard to reach 72k in the short term but was unable to sustain it. We saw it pumped until 68400 and started dumping from there. What we can see in the short time frame, it is retesting and may take more dump until 59000. I would suggest people to wait for the dump to happen and enter the market at the right time. As of now, it feels very risky...
Analysts remain optimistic about Bitcoin's future, predicting that the price could reach new heights in a potential bullish phase. However, Bitcoin could drop to around $52,000 if the support level fails or even tests the $50,000 level. Keep an eye on market developments and global economic factors as these will play a key role in determining Bitcoin's price...
BTC chart looks confusing one right now. I am super bullish in next 2-3 months. However, there are two scenarios which I would like to share with you all here could play out in short term. Scenario 1: BTC breaks down one more time from this diagonal resistance and daily 200 EMA, and get the liquidity from 50k-52k zone before moving back up. Scenario 2: BTC...
Bitcoin (BTC) Analysis Brief Update. The Bitcoin chart displays a recent uptrend with a breakout above the previous resistance area, represented by the yellow horizontal line. Around $70,000, as marked by the dashed orange line. The yellow-shaded area has been tested multiple times and is now a crucial support level. The 21-day moving average (yellow line)...
I see a fairly aggressive structure, this is good for people who have not yet bought this tool for a lower price. We updated until the halving, we have an ETF, and this is very serious. I didn't believe in bitcoin at 100k and one million. I don't think that a big company like Blackrock, Fidelity wants to make us poor rich) I don't believe it. That's why I open the...
Bitcoin (BTC) Price Update As of the latest analysis, Bitcoin (BTC) shows strong bullish momentum. The price is currently at $64,861.99, and several key technical indicators suggest a positive outlook: 21-Day Moving Average: The BTC price is trading above the 21-day moving average, which is at $63,491.98. This indicates short-term bullish momentum. The price has...
BTC had some retracement to 65k after a dramatic drop from 72k to 53.5k. Right now the price made a bearish engulfing candle in 8hr TF under a multiple resistance zone. If the price makes a new lower high, probably the price will go down under 53.5k. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and...
Bitcoin has shown significant strength, breaking through the crucial resistance level of around $61,000. Currently trading at $62,617.12, BTC is nearing the next major resistance at $63,000, as indicated by the yellow horizontal line on the chart. Uptrend: Bitcoin's price is above the ascending trendline, suggesting a continuation of the bullish trend. Volume:...
#BTC/USDT Analysis Bitcoin is currently at a critical juncture within an ascending triangle pattern. The price is facing resistance at the horizontal level but is supported by the Ichimoku cloud, suggesting the potential for a bounce. Resistance: $58,000, $59,200, $60,800 Support: $56,900, $55,800 – $56,200, $54,600, $52,940 Look for a sustained move above...
BTC/USDT Brief Update Price: $58,159.99 Immediate support around $56,900. Key support areas include $55,800 – $56,200 and $54,600. Key support level at $52,940. Immediate resistance at $58,000. Higher resistance levels at $59,200 and $60,800. BTC is trading above a crucial support trendline, indicating bullish potential. The yellow trendlines mark key support...
Bitcoin (BTC) is currently trading at $56,900.00 against Tether (USDT) on Binance, showing a slight decline of -0.02%. BTC is currently trading above a crucial support trendline. The yellow trendlines indicate key support and resistance levels. There is a highlighted support zone between $55,800 and $56,200 (orange oval). This zone is crucial for maintaining the...
Hey everyone! The new week is here and I'm back with Bitcoin in the daily timeframe. I'm waiting for the first support zone marked on the chart. The marked purple dotted line is an important support point obtained based on Ichimoku. So My best advice is to identify the best altcoins and accumulate them at low prices. We are waiting for the Alt season. If you...
Technical analysis of Bitcoin (BTC) against Tether (USDT) on a daily timeframe: 1. Main Bullish Trend: The chart shows a long-term bullish trend line starting from the lower left corner and extending upwards. This line has been acting as a support level for Bitcoin's price. 2. Double Top Pattern: A double top pattern is identified near the upper middle section...
After a long time, BTC has been dropped with weekly candle below bottom line of Pi cycle average line. This is a bearish pattern based on the history. Now resistance is around 65000. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy,...