#Bitcoin Monthly Chart After the breakout of the previous all-time high, BTC is currently retesting it. The most possible scenario for Bitcoin, in my opinion. What are your views on this chart?
#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...
The intraday chart is neutral and BTC price can decline more towards $60,239 zone. 1. A dip to $61,742 or, lower, to the zone around $60,239 followed by a strong bullish rejection can lead to a long scalp opportunity towards $63,245 and higher to $66,786. 2. A bullish break-out of $63,245 will lead to more upside towards $66,786. Find more details in signature.
#BTC Bitcoin price is moving in an upward trend over a 2-day frame The highest price of Bitcoin reached $72,000 and the lowest price could reach $58,000. The price moves between them, corresponding to the halving date set for 3 weeks from It is expected that all models will be broken upward after the halving to see new levels of highs. Until that time, you...
Bitcoin is currently trading at $63,600. The trend on the daily chart appears Bearish, indicating a downward movement. Sellers are gaining strength, and the chart is forming higher lows and lower highs, suggesting continued downward pressure. My initial target for selling in this scenario is $59,000.
Hello Traders and Investors, today I will take a look at Bitcoin . -------- Explanation of my video analysis: On the higher timeframes of the Bitcoin chart - symbol BTCUSD - you can immediately spot a simple rising channel formation. About a year ago, Bitcoin retested and rejected the lower support of the rising channel formation and is now retesting the...
MACD is about to form a death cross pattern, and the price is fluctuating near the trend line. Combined with indicator analysis, the probability of falling is greater, so the trading strategy is to short, TP around 62200
So many thing to see here but lets keep it simple. Back in late 2020, When PA first took a breath after pushing up for Months ( left circle), it retraced foe a while and then continued its push to the First New ATH. That line of support, the lower Red Bar, acted a a strong line of resistance in this push up in 2023. But we got through it and then broke through...
This image tell a better story than thousand words. Be patient and don't sell your sats!
Bonjour a tous ! Après notre TP, nous passons haussier sur l'BTC/USDT ! -Voici mon avis sur l'BTC/USDT : -Nous avons de la liquidité. -Nous avons une zone intéressante. -Nous avons le fibo optimal. -Nous avons une accumulation avant/sur la zone. -Nous somme avec la tendance. Voilà pourquoi je verrais donc l'BTC/USDT rebondir sur la zone et monter ! 🚀 Si vous...
CRYPTOCAP:BTC breakout Done > Trading a descending channel pattern involves identifying a bearish trend where the price consistently forms lower highs and lower lows within a channel. Here's how you can approach trading this pattern: 1. **Identify the Descending Channel:** `The first step is to recognize the descending channel pattern on a price chart. Look...
Bitcoin lacks the momentum and is gathering liquidity around $63,245 that will continue to act as the magnet. A quick dip to below $63,245 towards $63,244 or the zone around $60,239 followed by a strong bullish rejection can lead to a long scalp opportunity. A consolidation above $63,245 will be considered as a sign of strength and will lead to more...
Hey there traders! Some thoughts about BTC. We can see the movement in bullish flag, but with descending volumes! So I think that we will finish the last Elliot wave and will continue grow and maybe break resistance in May-June with hitting ATH. Now we can try to trade the last Elliot wave with TP at support box. SL can be a bit upper the flag line. What's...
Bitcoin is an invention designed to grow forever as long as we live. If you see the same vision, don't forget to support the analysis. I'm releasing UPDATE2 earlier than planned because today the channel reached *666* followers. The analysis is set for long-term updating. It doesn't matter if the price is 70k or 50k as long as you see the big picture. The world...
Hi i’m Bullish On BTC Reasons. 1. funding Rate are Flipping Negative 2. After Halving it’s 24% down 3. Recover in 2 Days with Volumes 4. ETF’s Approved in Various Countries like USA & Singapore 5. Big Investment company’s are Buying 6. as per Technical RSI It’s creating Strong RSI Indicating for Bullish 7. Trendline Breakout so it will come below test and then...
I have seen enough to determine that we are headed to a new all time high just like the stock market will see a new high before we head lower. If you haven't seen my idea on the SPX (see the link below). Looking at the BTC on the monthly chart, we can see that it looks like we are doing an expanded flat. As we can see the top in October 2021 was not the "real" top...
** CRYPTOCAP:BTC performed Falling wedge in 1D TF ** Keep eye on it Trading a falling wedge breakout involves identifying a chart pattern called a falling wedge and executing trades when the price breaks out of this pattern. Here are the steps you can follow: 1. **Identify the Falling Wedge:** - Look for a downtrend in the price movement. -...
Following a wedge, Btc way drop to $57000 in the channel