CRYPTOCAP:BTC is in a rising symmetrical triangle pattern. This is a bullish pattern that usually breaks in an uptrend. We might touch the resistance at the EMA 100 before reversing to the upside, so be patient. The MACD is not reset yet, and the RSI is showing many divergences created by the unexpected selling pressure that could not be forecasted by the...
👉 In this technical analysis and trade idea for BTC Bitcoin, we delve into the higher time frame charts which currently suggest a bearish outlook for BTC. Despite this, the price action hints at a potential reversal. It is crucial to understand that this is speculative and not a definitive prediction. We need to observe specific price movements to confirm a true...
Btc is following our old trade (Published on Telegram) the price must follow 64000 lvl before being bullish Coins are near by the weekly support
CRYPTOCAP:BTC #BTC Broke below $66,323 key support as expected, currently testing $65,073-$65,521 area. RSi on 1D dropping, $64,344 next key support from here to watch as of now, Previous daily close showed some strength, $68,546 support much needed. Watch Given S/R
Weekly = Trend. Daily = Trend. 4H = Range. Keep it simple, every time we find price at range lows, the order flow shows demand / bid. I could a see a sweep below 65k to take some liquidity. But this all looks very 'normal' and constructive. Next time we hit supply at 72/73k - it will not hold IMO. Note the fib time. I think we grind this zone until end of June...
BTC Trendline Breakout, so market may retrace to Fibonacci levels 0.5(63919) or 0.6(62196)... After reaching these levels, BTC may either Bounce or change from Downtrend to Uptrend. I want to help people Make Profit all over the "World".
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BTC got a rejection and its headed to retrace the fib .382 (62.5) zone. Let's see if its able to bounce from there until Monday - Tuesday OR earlier.
📊 When we examine the daily and 4-hour charts for BTC Bitcoin, it’s evident that BTC is currently in a strong bearish trend. The price has been consistently moving downward. I’m keeping an eye out for potential trade opportunities that align with a trend continuation strategy. In our video, we delve into essential aspects such as market structure, price action,...
CRYPTOCAP:BTC back on $66,323 support currently testing it, Previous 1D closed with bearish engulfing if followed thru it might break $66,323 support, next key support $64,344, next support from here $65,521. RSI on 1D looks weak. Watch the support areas, must regain $68,546 support to retest $69,813. Watch given S/R
Around June 24th, we will pump #BTC. I know some are saying June 22nd is a Gann number, but it's not going to work this time, just like it didn't work some times in the past. We will close June bullish! The bull run will end in May 2025.
One of the MAJOR things we look to in trading are TRENDS. They give us patterns and Signals and the Longer a trend has existed, the stronger the "Suggestions" it can Give. Bitcoin has been in a rising Trend since it hit a Low in 2011. From this point, it has been subject to rejection off a Fibonacci Spiral. ( I have explained this in detail in other posts, so I...
Bitcoin witnessed a strong rise above the $68,500 resistance area. It tested the $70,000 level, but after the Fed announced the interest rate hold at 5.5%, a strong bearish reaction was observed. Bitcoin started a new decline from the $70,000 resistance zone, and the price is now trading below $68,550 and the 100-hour simple moving average (SMA). Uptrend Line...
Expired BTC.USD Weekly outlook. 2nd WK JUNE 2024 > BULLISH 📈 CORRECT Closed Price: 70,769 Target Price: 71,895 | Strike Price: 71,992 JUNE12 24' Upper Range: 87,841 Lower Range: 55,949
There has been a lot of speculation that this current Bitcoin market cycle could end as a left translated cycle. This is most likely because Bitcoin surpassed the previous all-time high almost 1 month before the halving. This is the first time in Bitcoins short history that has happened. But, does this alone indicate that this will be an accelerated market cycle?...
CRYPTOCAP:BTC #BTC broke below $68,546 support down to $66,323 support which tested and held on last dip, $67,716 being tested as of now, RSI on 4H and 1D getting better, $68,546 support to be regained to reattempt at $71,379-$72,162 resistance area. Watch given s/r
"Bitcoin price is set to skyrocket in the near future, claims an analyst on X. The analyst pointed out that the supply of BTC on exchanges has crashed." There is this common misconception that because the number of Bitcoins held on exchanges is getting lower every passing day, this will create a supply crash and push Bitcoin to the moon! Actually, if you scratch...
Btc have hit $70,000 as mentioned in my previous sharing. Pull back and consolidation may be seen. Next target level $71,000. Trade with care guys.