Bitcoin BTC has been on a strong bullish run with quite a deep pullback. In the video we discuss two trade ideas one looking at the current retrace, and the second idea is a potential buy opportunity. We discuss the trend, price action, market structure a trading strategy. As always the information herewith is for educational purposes only and not to be construed...
$BTC:1D (1 year look-back period) CRYPTOCAP:BTC currently hovering around its linear mean price point of 45.6K in anticipation of SEC approval or delay tomorrow. Current linear range at standard deviation up and down is roughly 50.9K to 40.5K. Pearson’s R^2 is extremely high at 0.96, implying a high tendency for price to centralize around the linear mean....
BTC 4HR CHART UPDATE !! • Aftre Breaking its rising wedge BTC Price drop around 10% as we expect in our previous analysis 🫰 • Aftre hunting all stoplosses and liquidation around 65600$ BTC Price still manage to hold 68000$ support area. • If Bulls show strength at current level then may be BTC Price mak new all time high around 75000$-76500$...
Bitcoin has reached another new all-time high at $72,800, marking a remarkable moment in crypto. I wouldn't mind if BTC establishes this as the new peak and undergoes a correction. I'd be more than satisfied and ready to accumulate during the correction phase. If BTC manages to set another ATH, consider it the cherry on top. It's time to sit back and enjoy the show.
Actually the graphic tells it all. However, since we are approaching the border, I wanted to share it. I will make my explanations later.
BTC / USDT BTC is seeing a significant surge in price by more than 13k since my last analysis! (see in the attachment below) ⚜️ CHART ANALYSIS: We can see BTC is moving in a massive ascending channel since 3 years ! The middle-line of channel acted as important S/R key level its also equates the 0.618 fibo level thats why after breaking out this level with...
Yesterday CRYPTOCAP:BTC rose above the light blue resistance zone, and rallied towards previous all time highs around $69k. However, BTC stopped just short of reaching new all time highs at the orange trendline. There has been a pullback and retest of FWB:65K , and BTC is continuing to show some strength this morning with a bullish bounce. I think the price is...
Bitcoin (BTC) has recently encountered a crucial resistance level at its previous all-time highs. Given this development, we anticipate a substantial retracement in price. However, our outlook remains optimistic, with the potential for a continuation towards the $80,000.0 mark. Our trading strategy involves closely monitoring the 1-week timeframe. Specifically,...
BTC Daily Update: It's already day 5 since BTC hit GETTEX:64K , and it is still trending above $60k, making a sideways move. BTC did something unexpected last week, and the expectation bar is set high among traders. Some expect BTC to reach a new high before the halving, while others anticipate a significant correction. Well, no one can see the future, but we...
Expired BTC.USD Weekly outlook. 4th WK FEB 2024 > BEARISH 📉 CORRECT Closed Price: 53,963 Target Price: 51,933 | Strike Price: 50,581 FEB24 24' Upper Range: 55,315 Lower Range: 48,551
BTC.D ~ 3D 📉 #BTC.D, Eventually the Dominance of BTC will soon fall and this will make Altcoin Season, Maybe this won't happen now, but if this support line is successfully broken, then AltCoin is ready to go to the moon. 🚀🚀
BTC ~ 1M #BTC Forming Pattern Ascending Triangle, $65,000 Break Will take #Bitcoin Higher than previous ATH
Hello Traders, Welcome to the latest update on Bitcoin in the daily timeframe. From $50k, BTC has surged to GETTEX:64K , marking a 27% rally over the past 6 days. The daily close at $62.4k indicates a step forward towards the possibility of BTC hitting its all-time high (ATH). Moving forward, BTC faces the first layer of resistance between $64.8k and $65k. A...
To answer this, I have divided it into two scenarios: Positive Scenario: BTC has closed at $52,137 daily, and the chart shows a nice BRB pattern (Breakout, Retest, & Bounce). This suggests the possibility of another parabolic move toward the $60k target. Negative Scenario: BTC has again closed below the GETTEX:52K range in the weekly timeframe. This increases...
#BTC's recent bullish run has been noteworthy. However, I'm watching for a potential buying opportunity if we see a decisive retracement down to the 61.8 Fibonacci level. A subsequent retest and failure of a range at the low around the current support level formed during that pullback would provide a strong entry signal for #Bitcoin. As always, it's crucial to...
After further analysis, this is my view. - RSI some bearish divergence - MACD nice and clear bounce and histogram losing steam - OB hit with some rejection 24 hours before the close of the week, a potential Doji Candle is forming With that said, it remains somewhat bullish IMO with the possibility of a last wave missing.
Bitcoin (BTC) has enjoyed a robust bullish run, but recent price action on the four-hour 4H chart indicates potential weakness. Since February 13th, BTC has entered a sideways consolidation phase. I'm anticipating a sell opportunity should we observe a decisive break below the current range low, followed by a retest and failure of that level. Potential targets for...
BTC is showing strength here by putting in higher lows, holding the 100sma and recovering the white trend line. Regardless I still think BTC eventually needs to retest the 30k levels before it does anything extraordinary.