Bitcoin BTC has been on a strong bullish run with quite a deep pullback. In the video we discuss two trade ideas one looking at the current retrace, and the second idea is a potential buy opportunity. We discuss the trend, price action, market structure a trading strategy. As always the information herewith is for educational purposes only and not to be construed...
On the one hand, this was a needed mini selloff, likely liquidating more leverage out of the system and resetting funding rates.
BTC trying to hold $68k and ETF money still goes brrr...
Will money flow slow, or we get another big push up Monday?
Lots of buy order blocks around $60k up to GETTEX:64K and the crypto day traders are shorting now with that target...
MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
Even tho the bull market is here we can still have crashes. The ALTCOIN market has just hit a critical level . This needs to be watched carefully.
Please watch the video for more information
Have a great evening.
📉Hi Traders, Investors and Speculators of Charts📈
More and more institutional buyers have recently admitted to investing in BTC, as we see Grayscale and BlackRock (to name a few) all invest massive amounts into this digital currency.
This could mean a few things for this bullish cycle, including:
📢 More reach (more retail investors)
📢 Higher market cap (more...
#BTC's recent bullish run has been noteworthy. However, I'm watching for a potential buying opportunity if we see a decisive retracement down to the 61.8 Fibonacci level. A subsequent retest and failure of a range at the low around the current support level formed during that pullback would provide a strong entry signal for #Bitcoin. As always, it's crucial to...
Bitcoin (BTC) has enjoyed a robust bullish run, but recent price action on the four-hour 4H chart indicates potential weakness. Since February 13th, BTC has entered a sideways consolidation phase. I'm anticipating a sell opportunity should we observe a decisive break below the current range low, followed by a retest and failure of that level. Potential targets for...
This is a full video explanation of my previous post. #BTC has encountered substantial resistance at both weekly and monthly (1W/1M) timeframes.
The 4-hour (4H) chart reveals sideways price action and a formation of a lower high, indicating potential bearish pressure. Expect a retracement targeting the 61.8% - 78.6% Fibonacci zone, derived from a significant...
Hello Traders, welcome to today's analysis of Bitcoin.
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Explanation of my video analysis:
After Bitcoin created the previous cycle high in 2018 we saw a correction of more than -70%. This dip was the followed by a +2.000% rally and a perfect break and retest of the previous cycle high. If Bitcoin - after the recent rally - now retraces back to the...
📉Hi Traders, Investors and Speculators of Charts📈
If you have been following me for a while, you'll know I've been saying we are trading in the opening moments of a new bullish cycle. I've also referred to this as Elliot Wave Theory Wave 1.
According to my plan, this is the first impulse wave towards the upside. But the upwards wave are always followed by...
📉Hi Traders, Investors and Speculators of Charts📈
It's always good to refer back to the MACRO trend when watching BTC. From a macro perspective; we're definitely overdue for that proper bull-cycle correction - also important to keep in mind the halving coming up in April.
We can confirm this bias by taking a look at a very specific indicator called the Balance...
🐉🎆 Bitcoin's Monumental Path in the Year of the Wood Dragon 🚀💹
🎊 Celebrating New Beginnings
Hi everyone! As we delve into Bitcoin's current trajectory, let's not forget to extend a warm Happy New Year to our friends in Asia celebrating the year of the wood dragon. This occasion isn't just about cultural festivities; it's a beacon for significant shifts in the...
MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space.
ETH ETF is launching in 90 days or so , BTC started moving 3 months before the event . If history repeats ETH should start moving now
#Bitcoin Technical Analysis
⚫ Key Market Observation: Bitcoin #BTC has reached a significant resistance level on the monthly timeframe. Historical price action demonstrates consistent rejection at this level.
⚫ Anticipated Market Behavior: Given BTC's overextended state and recent strong bullish momentum, a retracement is likely.
⚫ Optimal Entry Strategy:...
Recently, Bitcoin has experienced a period of consolidation within a specific price range, punctuated by occasional spikes that have targeted liquidity. In the video, we analyze the daily time frame to gain insight into the broader context. We examine the market's trend, structure, and price action, exploring a potential trade opportunity. It's important to note...
Hello Traders, welcome to today's analysis of Bitcoin.
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Explanation of my video analysis:
In 2018 Bitcoin created the previous cycle high which was roughly at the $17.000 level. In November of 2020 Bitcoin then broke above the resistance, came back to retest and started its new bullish cycle. If Bitcoin will now retest the confluence of support...
