#BTC The price is moving in a cross channel on the 12-hour frame and sticking to it well The price rebounded well from the lower channel limit at the green support level 60,000 to 62,000 $ . We have a tendency to stabilize above the Moving Average 100 We are oversold on the RSI indicator and we have a downtrend that is expected to break higher to support the...
On the monthly time frame, the RSI pattern of 2017 is repeating, which led to a great bull run. I think it needs a monthly confirmation candle to close above the $75,000 price, in such a situation, a huge bull run in crypto could start. At that time, the peak of 2013, i.e. $1,200, was a monthly major pivot, which in 2017 needed to form a monthly bullish candle...
CRYPTOCAP:BTC #BTC Dropped below $62,580 support following bearish engulfing on last 4H, Currently trying to regain $63,144, RSI on 4H and 1D looks fine, Previous 1D closed bearish, $61,674 current support area, Needs $64,344 support to reattempt at $65,521-$66,323.
Hello my friends! I am back after a long break. Bitcoin has just experienced it's 4th halving event. I took it upon myself to look into past Bitcoin price movement patterns, looking into how Bitcoin's price reacted immediately after Bitcoin experienced a halving event. I'm primarily using a historical time-based analysis approach. Here are my findings: -...
BTC i stuck in the resistance zone at $59.000/$60.000. In my previous idea, i marked this area as a key resistance zone and in fact, BTC is having some difficulties to break this level. If Bitcoin will fail to go over there, we can expect a drop in the coming days, as i was previously thinking. Otherwise, if Bitcoin will break above $60.000 we can expect a rapid...
Michael Saylor often says, " CRYPTOCAP:BTC is a store of value that you will pass to your kids." I will demystify CRYPTOCAP:BTC and share my long-term vision of what Bitcoin will become in the future. This is a philosophical perspective, so take it as such. Bitcoin is a digital asset, which means there is no cost to duplicating it. Like all digital assets,...
Expired BTC.USD Weekly outlook. 1st WK MAY 2024 > BULLISH 📈 CORRECT Closed Price: 62,054 Target Price: 64,521 | Strike Price: 64,714 APR30 24' Upper Range: 78,972 Lower Range: 50,071
Recently, BTC has experienced downward pressure. A bearish pattern is evident on the 4-hour chart. At present, it has traded into a key support zone and there’s a strong possibility we see it pullback into a resistance zone. The video discusses the prevailing trend, recent price movements, overall market structure, and presents several trading ideas for your...
Actually i am waiting the price to enter the support area at $60.800/$60.000. There i will look for a trade, considering that we have seen strong rejection when price reached this level. I think we will have more chances to enter shorts, i will keep you updated as soon as i will see a clear direction.
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
CRYPTOCAP:BTC CRYPTOCAP:BTC $66,961 resisted strong failing to hold $66,323 support as expected, currently testing given support area $64,344. RSI on 1D and 4H looks fine, needs push here, last 1D closed good but current 1D weak on volume, $62,580 lowest support from here, expect resistance around $65,521. Watch given S/R
Somebody has asked me my opinion on Bitcoin. These are my thoughts as I view the chart. It's purely an analysis and an opinion and not a trade idea.
Bitcoin is following my plan and started to pump from my previous ideas. To see a continuation of the pump we need to wait a break above the resistance area at $67.000/67.250. Holding my longs with stop in break even and waiting
CRYPTOCAP:BTC #BTC Nicely gained $64,344 support, currently testing $66,323 support - time to see if it can hold it, seems unlikely judging by current RSI on 4h, but last 1D close looks great and RSI on 1D also good. $64,344 next support from here. $68,546 next key resistance from here. Watch given S/R
This crypto coin has been forming a falling flag for the past few weeks since it hit its ATH. Currently, the price has re-bounded from the lower support line, and I anticipate that the bullish trend might continue till it hits a very strong support zone at 70700. My entry is at 65600, SL at 62800 ,and TP at 71000. My R : R for this trade is 1 : 2. Kindly...
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Rising Wedge as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line Break of Structure RSI - Divergence Completed " 1234 " Impulsive Waves Fibonacci Level - 61.80%
BTC ~ 1D 📈 #BTC Form a Bull Flag Pattern. if it succeeds in breaking the resistance line of this pattern, perhaps a new ATH will form between May - June. We will update further if there are changes in Trend. quick.
BTC DOWN TO 40-50k. This is because I see at 60k prices going sideways. And looking at the previous BTC trend, BTC will start rallying after the BTC halving. So it is likely that after the halving BTC will be sideway or down. This is just a possibility