🎓 always work on a multi-timeframe environment to minimize risk;
As you might have noticed, Bitcoin has had a popular 50d 200d moving average cross, establishing a new support level. This strongly indicates that the market trend is moving upward, and it's an excellent opportunity for traders to consider positions. Additionally, the RSI is at an optimal time for entry, meaning it's a great time to buy Bitcoin. With the...
BTC Bears Target Sub-$26,000 on SEC v Binance and Ripple Battles BTC was flat this morning, with regulatory uncertainty stemming from the SEC lawsuits against Ripple, Binance, and Coinbase testing buyer appetite. The market structure and momentum of Bitcoin was bearish, but its bounce back above $26k gave bears some food for thought. Bitcoin’s correlation...
UPDATE FOR CRYPTOCAP:BTC CHART FOR SHORT TERM CHART 4H (It is not financial advice, And don't enter before see PRICE ACTION) GOOD LUCK
Today, the Relative Strength Index (RSI) for Bitcoin is at a healthy 53.7, indicating that the cryptocurrency is in a strong position to continue its upward trend. Bitcoin is already strengthening and moving towards rising Fibonacci levels, breaking through its target of $26303 and heading towards its upper next level of the target at $27037. This is fantastic...
Hi everyone, Bitcoin started growing after a big correction. Now, it breaks the price range 24-25K which was a resistance. Bitcoin is currently making a pull back to this price and started to rise to the target that is shown in the chart. This is a short-term target, for long-term stay connected! Note: if the support zone breaks, be careful and wait! What do...
btc looking good here if we can break the falling wedge or we could go and rest the lows again either way good time to start averaging in
Hello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that Bitcoin now finally retested and already started to reject a quite nice previous weekly resistance area which is now turned support at the $25.000 level. You can also see that weekly market structure and moving averages are still...
BTC/USDT :: The trend is upward, but still, the price is in a certain support range, it may change its direction by hitting the support line, or continue its direction downwards by breaking it. The best option is to wait for the price to stabilize and the trend to be determined
If you want you can buy some btc it will be good.Good potentional touch of the demand zone its oversold :) just it will touch other point
Honestly, my first idea on BTC was totally on point I will add the link below and the sale was fruitful and reached the target of course. Now with the 3 drives pattern, we might have an extension to another support cos, it is important it touches the trend line before the move upwards. So we gonna wait for that and then see how it reacts after touching the trend...
I wanted to bring to your attention a potential increase in Bitcoin's price. Currently, the relative strength index (RSI) of 14 days is hovering around a ceiling of its own at 50.00. As of now, the index is tracking at 49, and BTC is attempting to break into the $26,000 mark. If the bulls manage to move beyond the obstacle on the RSI, there is a strong chance...
For those who may not know, Michael Saylor of MicroStrategy, a business intelligence company, recently made headlines for investing over $1 billion into Bitcoin. He's been a vocal supporter of Bitcoin for years and has even written a book about the topic. So, what did Michael Saylor say that has us so excited? In a recent interview, he stated that he believes:...
bitcoin setup daily time frame support and resistance zone Tnx For Watching
I wanted to bring to your attention the recent Bitcoin (BTC) movement after today's inflation report in the United States. BTC has moved back above the $26,000 level, following a low of $25,686.04 at the beginning of the week. Today, BTC/USD reached of $25800. It is worth noting that the 50-day moving average will need to shift course and divert away from its...
Based on today's classical pivot point (P1) with the value of $ 25,877, Bitcoin has support levels of $ 25,673, $ 25,459, and the strongest at $ 25,254. Similarly, Bitcoin resistance levels are at $ 26,092, $ 26,296, and $ 26,510..
Bitcoin is forming a possible bullish flag on the daily chart. MACD and RSI are neutral(a little bit in the negative area). Which means we have more room to the upside if a break of resistance comes. Look out for support and resistance levels. Currently 1.618 fibonacci support is keeping the price from coming down. Weekly MACD is negative and RSI is neutral. Keep...
BINANCE:BTCUSDT Share your opinion about this analysis with me You can also check my previous analysis