The death cross, a market chart pattern, indicates recent price weakness, occurring when the short-term moving average falls below the long-term moving average. Specifically, Cowen highlighted the paradox it has historically witnessed as it approaches the death cross, only to see subsequent declines marked by lower lows. Cowen explains that these market...
Cheaper price to buy BITCOIN. You can still have the opportunity to buy bitcoin at the price of $20,000. The EMA 200 line has crossed up, there is a back point to test the EMA200.
The Second People's Intermediate Court of Shanghai has officially recognized Bitcoin as a unique digital asset that cannot be replicated, characterized by its scarcity and intrinsic value. On September 25th, the court issued a discussion report on the development of internet technology. The report highlights that, with the advancement of internet technology,...
Monthly chart provides everything to see for me. Quick fib wave based analysis of mine made me think that BTC price will surely see 20k area, and possibly 19.800 too which is 0.786 fib level according to my calculations. So I expect liquidity sweep down to at least 22k area but I am not sure how deep it can go. I think it can bounce back from 20k or 22k but need...
BITCOIN stabilizing above 26455 will support rising to touch 26976 then 27416 then 28326 stabilizing under 26455will support falling to touch 25982 the 25303 Pivot Price: 26455 Resistance prices: 26976 & 27416 & 28326 Support prices: 25982 & 25303& 24656 timeframe: 4H
I wanted to draw your attention to an intriguing phenomenon in the world of cryptocurrency trading that has been causing some confusion among investors. Specifically, the ongoing battle of Bollinger Bands for Bitcoin (BTC) has left many uncertain about the future price direction. For those unfamiliar with Bollinger Bands, they are a technical analysis tool that...
I bring you exhilarating news that will surely put a smile on your face - Bitcoin (BTC) has defied all odds and broken through the FWB:27K mark! What an incredible milestone for the world's leading cryptocurrency! But that's not all! In a further stroke of luck, the Federal Reserve has announced an extension of its rate pause. This exciting combination of...
It can be seen that Bitcoin's recovery wave after Grayscale Digital Asset Management Company won a lawsuit against the US Securities and Exchange Commission (SEC) was short-lived. With Grayscale's announced victory, Bitcoin, which was at $26,000, attempted to rise above $28,000. However, when the wave of excitement ended and the SEC was expected to make a...
According to CoinDesk, the bitcoin price recorded on August 28 reached $26,040/BTC, down 0.09% from 24 hours ago. Thus, the bitcoin price has maintained at around $26,000 for four consecutive days. As of August 28, out of the 100 coins with the largest market capitalization, 60 dong rose in value. On this list, the strongest gainer belongs to dYdX (DYDX), which...
Hello Traders. Hope you are having a fantastic weekend. In 4H timeframe , as you can see BTC has broken out of the wedge and as long as we hold the supports , we are good to go! What are your thoughts? Comment down below.
As Bitcoin falls, the top 10 coins by market cap diverge. Specifically: ETH up 0.58%, XRP up 3.6%, ADA up 0.75%...Losers included BNB down 0.19%, DOGE down 0.2%, SOL down 0.8%... Bitcoin, the largest cryptocurrency by market capitalization, posted its biggest weekly loss since the FTX exchange crash last November. In the August 17th trading before the drop,...
Bitcoin currently has a market capitalization of $509 billion, accounting for 48% of the cryptocurrency market. As of 7:50 a.m., the market cap was $1.62 trillion, up $4 billion from 24 hours ago. At the same time, the market's 24-hour trading volume decreased by 11.37% compared to August 20, reaching $21.84 billion. How China's Deflation Affects Bitcoin...
The price of Bitcoin has been moving sideways for a long time as the coin has gotten used to the lows below $30,000. However, despite the slow price action, MicroStrategy still plans to buy large amounts of Bitcoin. The company announced the purchase of an additional 467 Bitcoins, bringing its total assets under management to 152,800 Bitcoins. These coins were...
Hey there, fellow traders! It's time to dive into the exciting world of Bitcoin once again. As we approach the end of the year, many of us are eagerly wondering whether BTC will reach its year-to-date (YTD) high. While the anticipation is high, it's crucial to maintain a level-headed approach and avoid the temptation of chasing the market. So, let's take a closer...
Bitcoin has been trading between 29,900 to 31,160 for the past 18 days, causing concern among investors who are looking for a clear trend explanation. After a 25.5% increase from June 15th to June 23rd, leading to the highest Bitcoin price in 13 months, many expected investors to become more positive and optimistic. However, BTC was unable to sustain above...
Daily TF and Bigger Picture Bullish 30 Min. is currently bearish,Bitcoin needs to fill the previouse Gaps southern area.I have marked them for you. The gaps have to be filled first, because BTC rose too fast and it needs to pick up the buy orders that areas.. Otherwise, the Bull trend will be slowed down. I am long, and stay long. The VP is trending Bullish, The...
Comrades, Bitcoin has completed the Wykoff pattern and it is likely to start falling in 90% of the areas I have specified This drop of targets can be the following numbers $28,000 $27,172 $25,182 $23,800
Hello Traders. Hope you are having a great weekend. BTC is in a range as you can see on the chart. Breaking the range would result into a fast move in that direction. In my opinion it would go up to 33-35K zone. What is your idea? Comment down below.