After a sharp rebound, the rise has slowed down near the resistance level. The indicators need to be repaired. Pay attention to the support between 62000 and 61300. If the support is effective, go long. For the current transaction, shorting is safer and the probability of making money is higher.
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Falling Wedge as an Corrective Pattern in Long Time Frame Completed " 12345 " Impulsive Waves and Corrective Waves " wxyxz " Break of Structure RSI - Divergence Bullish Channel in Short Time Frame
In my opinion, if Bitcoin breaks even $60,000 It can easily target the desired number, 54
#Bitcoin Liquidity below the $60k has been taken. The price bounced right from the second EMA. The third EMA is around $58.3k, The level I've been talking about in my previous updates. The weekly close will provide more clarity. Stay tuned, I'll keep this chart updated. Thank you
When this MA crosses that MA, it could be a signal indicating a potential change in trend, thereby providing you with a good entry opportunity. The price quickly moves upwards after breaking above the upper edge of the rectangle. If we have a buy order placed at the upper edge of the rectangle, we have made a profit. Just as the rectangle declines, here, once the...
In the fast-paced world of finance, few assets have captured the imagination and sparked as much debate as Bitcoin. As a seasoned financial expert, exploring the intricacies of this digital currency unveils a narrative brimming with innovation, volatility, and transformative potential. Bitcoin's Genesis: Born out of the aftermath of the 2008 financial crisis,...
In the realm of digital finance, Bitcoin stands as a beacon of innovation and disruption, captivating the imagination of investors, technologists, and enthusiasts alike. Born out of the enigmatic vision of Satoshi Nakamoto, its pseudonymous creator, Bitcoin has transcended mere currency to become a symbol of a decentralized future. At its core, Bitcoin is a...
Bitcoin (BTC) surges as cryptocurrency momentum strengthens. Amidst growing investor interest and positive market sentiment, BTC experiences significant price gains. Analysts attribute this bullish trend to increasing adoption, institutional investment, and favorable regulatory developments. As BTC continues to ride this wave of momentum, traders and investors...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
traders BTCUSD price is ready to fly My dear subscribers My technical analysis is for BTCUSD is going to fly The price is coming around a solid key Level 68250 Target 76000 Bis_ Bullish Technical indicators Pivot point low anticipates a potential price reversal Super trend shows a clear buy giving a Perfect indicators convergence perfect Indicators convergence
Traders or investors as you can see bitcoin has been on a bullish trend for months now and you can see that it recently broke one of the higher highs so now I expect a pullback to that recently broken zone and then start to look for bullish opportunities from there. Next week we can expect a rejection (bearish) of the price .
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Completed " 123 " Impulsive Waves Rejection from Fibonacci Level - 161.8% and Daily Resistance Level Break of Structure Rising Wedge as an Corrective Pattern in Short Time Frame with the Breakout of Lower Trend Line and Retracement
on fibbonacci levels i see a dump maybe this happen on this level maybe on next level at orange area. i will try take this short
3 Bull & Bear Markets Bull markets took around 152 weeks... then V v v v v Bear Markets took around 52-59 weeks.. then v v v v v v v Bull Market gain... ---------------------------------------------------------------------------------------------------------- After 2021 ATH BTC recorded his current bottom after 52 weeks ( 15500 $). BTC pumped after ...
The current state of Bitcoin's value requires a push from investors, as the cryptocurrency finds itself hovering around the $43,000 mark at the time of writing. Following a 7.7% dip over the past weekend, BTC has fallen below the upward trendline, which previously acted as a crucial support level. The Relative Strength Index (RSI) has also, for the first time in...
Polbek seems to have broken the trend line and is likely to fall I hope it is wrong from the bottom of my heart
Reaching the $48,000.00 mark earlier this week, some speculators may view this value as an upcoming attraction point for Bitcoin. However, traders in the BTC/USD market must maintain a realistic perspective, acknowledging the potential for Bitcoin prices to decline, and a one-way upward trend could pose a risky gamble, given the likelihood of lower...
Bitcoin was hovering around an elevated flatline on late Wednesday after the Securities and Exchange Commission gave the go-ahead for the first spot bitcoin exchange-traded funds (ETF) to be traded in the U.S., as expected. According to Coin Metrics, the cryptocurrency pared earlier losses and was most recently trading around $46,671. Meanwhile, the price of...