Due to the selling pressure in Bitcoin, this downward trend can continue up to the specified range From Ichimoku's point of view, there is no sign to stop the descent!
Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009. Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any...
Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009. Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any...
This chart is still in play, I don't like the fact that the ETF approval, hasn't sent BTC. The weekly chart still show a bearish diversion, we still have 19 days left for the monthly candle if it doesn't close above the resistance... I'm shorting.
The picture is pretty clear imo. The ETF is near and the market is giving this clear picture. lets see what happens. IT's GG.
BTC dropped -10% in the last 8 hours. This dump liquidated many long positions in the market. Currently, BTC is holding the FWB:42K support and it will be quite interesting to see how the next candle will be. With an hour left for the candle to close, I am expecting BTC to hold the FWB:42K support level and make an attempt to reach the $44k resistance level...
BTC must hold the FWB:41K support range. In a worst-case scenario, we can expect a drop to $40.7k. Expecting a bounce-back and another attempt to touch the $44k ceiling. DYOR.
Expired BTC.USD Weekly outlook. 4th WK DEC 2023 > BULLISH 📈 CORRECT Closed Price: 43,805 Target Price: 44,442 | Strike Price: 45,210 JAN1 24' Upper Range: 47,343 Lower Range: 41,541
Bitcoin is currently maintaining support around the $43,000 level, but the uncertainty in the market raises questions about how long this support-resistance pattern will persist. As we approach the end of the year, here are some key observations providing insights into the potential upcoming movement: 1. In early December, Bitcoin faced resistance at $44,000 and...
Hello Traders! In this stage, I see BTCUSD H1 falling until the level of 38700 (even lower), because it has to close a liquidity gap, and also, hit the level of 38400, a very important level of resistance. At the moment, I see BTC under bearish dominance and I consider it a good moment to enter short. Keep in touch! Follow me for more ideas/trade...
Hello Traders! This is my perspective for BTCUSD H1, interesting reaction from the level of 43300. I expect a retracement until the level of 38700, and after that I will search for a long position. At the moment, liquidity was closed and also, we can see a reaction from the OB. Good opportunity to entry short. Keep in touch. P.s. Follow me for more analysis:...
Greetings traders, Bitcoin (BTC) is displaying resilience by maintaining support around the $40.5k level. As long as this support holds, BTC remains poised to make attempts at breaching the FWB:42K resistance. However, a decisive break below the support could lead to a potential decline towards the $38k to FWB:39K range. Stay vigilant for key support and...
BTC repeating cycles; Using historic cycle data , repeating cycle for supply and demand along with subtle gain and degradations. Already tagged one target (previously predicted in august 2022) Weekly macro targets - it awaits to be seen if we tag the 2022/3 DMA area (First red circle) prior-to or post 2024 halving. We should see a liquidity grab $19-21k area...
Considering the recent growth and the lack of correction of the upward trend, as well as being close to the ceiling of the channel, the price can fall to the $24,000 area and start the main upward movement from there. Maybe
Hello traders, Providing a swift BTC update using 4-hour and 3-day timeframe charts. My target remains around $40k, and in the absence of sustained upward momentum, brace for a potential significant correction. Stay prepared for various market scenarios. Trade safely, guys. Regards, Team Dexter.
Hello traders, Here's a quick analysis of BTC in both higher and lower timeframes. I have already mentioned the strategy and the possible move on BTC so do watch the video till the end. Regards, Team Dexter.
BTCUSDT is moving in a pennant on the daily timeframe. To the left, the resistance level is at previous daily-support level. A breakout upward against the support level will push BTCUSDT to the $4x k range. However, if bears win, BTC has a chance to hit the $32k- FWB:31K levels Take entries on the 4hr/1hr. Will be setting alerts both sides, and entering upon...
Hello traders, Quick update on BTC using a 3-hour timeframe chart. I have explained all the necessary details, support, and resistance, leverage trade opportunities, etc. Do watch the video till the end. Regards, Team Dexter