Overview: This analysis looks at the historical and projected price movements of Bitcoin (BTC/USD) on a weekly chart. Historical Price Movements: 1. First Major Rally (2016-2017): - Growth: 4,499.77% - Price Increase: From ~$430 to $19,439 - Duration: 86 bars (602 days) 2. Second Major Rally (2020-2021): - Growth: 1681.18% - Price Increase: From...
Bitcoin (BTC) ended last week with a whimper, failing to decisively break out of a bullish technical pattern and overcome key resistance levels. This has left many investors questioning the short-term trajectory of the world's leading cryptocurrency. After a price drop on Friday and a lackluster weekend, what can we expect from Bitcoin in the coming days and...
Btc have hit $70,000 as mentioned in my previous sharing. Pull back and consolidation may be seen. Next target level $71,000. Trade with care guys.
** 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. -...
@everyone Trading in a bullish pennant pattern involves recognizing the setup and then executing trades based on the pattern's characteristics. Here are three key points to consider: ### 1. Identify the Pattern - **Formation**: A bullish pennant forms after a strong upward movement (flagpole), followed by a brief consolidation period with converging trendlines...
For the coming week, both buyers and sellers have a specific task: some have to lower the price of #BTCUSDT as low as possible to break down the structure, while others have to raise it to break up the stops of shorts positions 🔼 CRYPTOCAP:BTC buyers are currently looking stronger, and if they manage to defend $67000-67300, they may start attacking and...
Here is a chart of #BTCUSDT on the 12-hour timeframe. At first glance, it looks nothing special: a prolonged consolidation on falling trading volumes, everything is natural and natural. But tomorrow, at 15.05 at lunchtime with the close of the 12hr candlestick, everything can change. Tomorrow is the announcement of the "fresh" US CPI rate. Forecast: inflation...
A nice simple post showing you how PA has repeatably tested the previous ATH line for a period before pushing up to the next ATH. The Green circles show you this. Note how the periods just below the previous ATH line are getting longer. And we are now very close. But for those that are impatient for this move higher, Hang on...this is a monthly chart -> We...
Dear Traders, We are convening a discussion focused on #FTMUSDT The Bullish Pennant Pattern is Formed Its on Support Now it's Ready to Break the Pattern In Case of Successful Breakout, Expecting a Bullish Move of 50%🚀😉 #crypto #cryptocurrency #bitcoin #ethereum #blockchain #btc #cryptotrading #cryptonews #eth #cryptocurrencies #nft #bitcoinnews #bitcoins...
#BTC : Nice recovery over the weekend; should hold the same by the end of weekly close. The price is stuck between FWB:67K and $71.3k. The main support below FWB:67K is $60.3k. Break and close above $71.3k would signal another attempt for a new ATH. Unless we break either of these levels, Bitcoin remains choppy. If you're playing on leverage, stay cautious...
We've been building higher lows on the daily, the demand is there. As soon as it pushes through 72,000 - 74,000 we're going straight to 80k - 100k. Entry points can be along the 1 day 20 MA, which the price is respecting, with Stop Loss at 67,000 $. OR wait / add to the position as price breaks 72,000 $ with good volume. See you at 80k - 100k $ :)
👨🏻💻 CRYPTOCAP:BTC UPDATE (Continue) 🔹#BTC is forming a rising wedge, which is a bearish pattern. 🔹If it follows this pattern, we can expect a price drop. 🔹The next immediate support for Bitcoin is at $67,000. 🔹Since it's the weekend, the market will be slow. 🔹Tomorrow is the weekly candle closing, and we can expect the closing to be green. - - - - - - - -...
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...
Idea No : 05 our last 4 ideas were spot on (check our other ideas), lets talk about 5th BTCUSD has broken below 2 trendlines and currently testing another one, it is about to move lower to follow the red arrow lets see...
As shown on this chart (28 Feb- 12 May), the market is in a sideways trend (clumsy indecision). Can't say that it annoys (to be honest) but, I can trust a thief to steal my car because he knows his job well, knows what he wants to do :) Indecision kills! What to do when you don't know what to do 1- Control Your emotions ;) 2- Nothing goes straight up...
#btc #bitcoin price didn't cross the major resistance area at 72K and then heavily dumped. Thus, a bearish double top has been formed. Short term bounces may be necessary but the continuation is bearish. In lower time frame, #btcusd is moving in the ascending channel. By the way #gold and #silver heavily dumped, too. It seems rumors have been sold and the news...
In thist video, we present a concise analysis of BTC Bitcoin. After recent bullish momentum, the asset has become overextended trading into resistance, and we are now seeing a significant retrace into support. Our primary objective is to pinpoint an appropriate buy entry point within this critical support zone, assuming that price action aligns with our analysis...
- Like a Bull in a China Shop. - All in graphic, like always and very simple. - Stay S4fe ! Happy Tr4Ding !