Hey guys! Market's been really challenging lately, specially for those into Futures Trading that's why I'm going to repeat again. I strongly recommend you SPOT trade instead. So, as for BTC goes, the liquidity absorption is real and to either side! Where to buy? 1) One would be the rising green zone I've marked but this would mean a drop to about 56k or 52k...
Trend reversal in progress VMA rejection in progress Oscillator bearish divergence but still bullish Breaking GETTEX:64K (VMA20 + bottom resistance zone), $50k ish is the next support IMO.
It is actually a HUGE difference too The First Halving was in Nov 2012 and 35 days later, PA began its rise to the ATH in 2013. From there, the next halving was in July 2016 and you will notice that PA Was currently Below the previous ATH level. PA begansd its rise to the next ATH around 80 days after Halving. The next halving was in May 2020 and once...
The chart explains itself. But look at that little circle on the left, Arrowed...... We are in the same position now....Just above the previous ATH level testing support. Except this time, It is on a Much MUCH bigger scale and this is most liekly because we are taking out Time..... Last time we ran head long into the Highly Levereged Bull run, Shot up and in...
The chart explains itself really but we can see that BTC PA has not been effected Directly but more by the impact on other organisations, Mostly Banks. What will be interesting to see i nt eh coming months, is what happens when the FED curs rates, probably in September 2024. On average, when the FED Pivots, Stocks fall...people tend to forget this. We shall...
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
Bitcoin long-term chart analysis In 2013, the price of Bitcoin broke its previous ATH and moved approximately 3700% after the breakout. In 2017, Bitcoin's price increased by over 1450% after breaking its previous ATH. In 2021, Bitcoin's price rose by more than 250% after the previous ATH breakout. This year, the price broke the 2021 ATH. We can expect a bullish...
BTCUSDt technical analysis updated BTC price has been rejected multiple times from its resistance line. If the price breaks above the resistance line, we can expect a significant bullish move in Bitcoin. We could see a bullish breakout in the next few days. Reagrds Hexa
BTC has shown an 8% rejection after reaching as high as $72k. The price is currently holding strong support at $66k (50EMA) with lower support at FWB:65K and $60k. In this daily timeframe, BTC must hold the current support to continue a bounce back. A daily close below FWB:65K will invalidate the bounce and likely drop the price close to $60k. Be vigilant...
BTC / USDT 1D – BTC is in accumulation range since 100 days ! – I think the big move is coming very soon –Since the price is holding well just below resistance the chance of breakout is high – There is also an inverse H&S printed which is good bullish pattern Note : we can see strong fluctuations near resistance line but price needs to break and hold...
After forming Wyckoff's distribution pattern, #bitcoin price lost the trend support and now likely to test the trendline resistance zone (formerly support). There' ll be 2 powerful technical analysis scenario: 1- This dump to 66 - 67K will be remembered just a deviation, CPI and inflation rate will be positive and #btc will reclaim the trendline. So, distribution...
I have posted this chart before , so we could say this is an update on the situation. And it is fairly easy to see just where we are. Still in that"Eye" shape and Getting Squeezed - and running out of time. The chart above shows us how PA is clinging on to that 272 Fib extension. It does NOT want to loose that. PA has around 2 weeks to get out of the ever...
From the daily level, Bitcoin has completed the support-pressure conversion. The support below is the previous small high point, so the overall trend is upward. The trading strategy can go long at the support level of 67500-68000, and the target level is 72000-73000. If you agree with my point of view, remember to pay attention, and leave a message if you have...
To analyze the INDEX:BTCUSD Bitcoin to USD (BTC/USD) chart using the ICT style, we focus on the following key points and concepts: 1. Overall Trend Observation: The chart shows that Bitcoin's price has been in an upward trend starting from October 2023 and continuing until June 2024. Currently, a slight decline in the price is observed. 2. Liquidity Zones : -...
I expect CRYPTOCAP:BTC to touch $68,300 before resuming uptrend and retesting $73K.
BTCUSD Potential for a bearish pullback on the Bitcoin H4 which could lead to a price movement towards the support level at 66.000
Btc is currently trading at 67.2k and has formed a relative equal lows(liquidity) at 66.6k . There is a weekly fair value gap at 65500-66000 which exactly coincides with 0.5 fib . BTC is expected to reverse from here .
H1 - Strong bearish momentum Most recent uptrend line breakout Until the strong resistance zone holds I expect the price to move lower further after pullbacks.