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...
Despite its bullish run, Bitcoin faced significant volatility, with prices fluctuating between $65,000 and $70,000 throughout the week, reflecting ongoing market uncertainty.
$BTC:1D I'm using the standard (non-log) chart setting for display purposes. A bounce back to the VWAP off highest high (69.2K) with a possible 'wick ' over the line appears to be highly probable but not necessary. A 'close' over highest high VWAP would not invalidate my thesis but would require a fairly expedient price drop, within a few bars, for thesis...
I have seen enough to determine that we are headed to a new all time high just like the stock market will see a new high before we head lower. If you haven't seen my idea on the SPX (see the link below). Looking at the BTC on the monthly chart, we can see that it looks like we are doing an expanded flat. As we can see the top in October 2021 was not the "real" top...
Bitcoin has just set a fresh yearly high, breaking above a big batch of resistance along the way. Can bulls continue to push? While the bullish theme in Gold remains on hold, buyers haven’t been so bashful around Bitcoin. The analysis contained in article relies on price action and chart formations. To learn more about price action or chart patterns, check out our...
Based on 2018-2020 data, 0.786 is a common retracement area for BTC after a bull run. Near EOY of 2017, when BTC rose to around $19,700, we saw a retracement to $3,100. This area is under 0.786 Retracement of $4330. In July 2019, when BTC rose to around $13,900 from $3,100, we saw a retracement to $3,850. This area is under 0.786 Retracement of $5420. Near EOY...
Bitcoin (BTC) price shows a slowdown in momentum as it set up a new all-time high of $73,949 on March 13. Considering the massive uptrend that BTC has been experiencing, a short-term correction is nothing to be concerned about. Bitcoin (BTC) is recognised as the world’s first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price...
Bitcoin (BTC) is recognised as the world’s first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
Bitcoin (BTC) continues to lead the charge in the dynamic world of cryptocurrency. As adoption grows and mainstream acceptance increases, BTC stands at the forefront of reshaping traditional finance. With its decentralized nature and innovative blockchain technology, BTC offers unprecedented opportunities for financial inclusion and innovation. Investors and...
In the landscape of modern finance, one digital asset has emerged as a pioneer of innovation and decentralization: Bitcoin. Since its inception in 2009, Bitcoin has captivated the world with its revolutionary technology and disruptive potential. At its core, Bitcoin is more than just a digital currency; it is a decentralized network that operates on the...
Don't be worry about #btcusdt, we will see it on the top 100k, as soon as possible. #btc #btcusd #btcusdc
BTC had a nice rsi divergence in November while everyone was focused on SBF. I expect a rally in the stock and crypto market soon. I believe the reason for the recent down turn (in the last few weeks) is not inflation (since it has been coming down) but the budget to fund the US government. once that is passed and signed, that would be the catalyst for the next...
Hey everyone, just messin around with random ideas. Who knows, honestly just wanted to publish this because it might just work. Some close numbers in the previous two bear to bull cycles. I just measured the highs&lows of previous cycles along with duration. The numbers for the two previous full cycles were pretty close, so I just mapped the average out for our...
Hi everyone! From a technical point of view, Bitcoin could be approaching the definitive medium-long term support area. If there will be the technical conditions, we will post new updates below NB: Analysis shown is on a logarithmic scale. Trade with care.... 💖 Support our idea with your Like & Comment , thank you! 💖
Bitcoin (BTC) is recognised as the world’s first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
Here's a complete shot in the dark, dart at the dartboard, projection of what #bitcoin is going to be up to in the coming months with the previous BTC/USD chart trends.
Let's see if this might be similar to previous bear market.
If we consider a larger timeframe as the weekly chart, more specifically the 200 weekly EMA, we can see that Bitcoin has been rejected between Dec 2018 and March 2019, slightly pierced on March 2020, and now for the first time revisited and hopefully rejected in May 2022. Extra bullish factors are: * Descending yellow wedge, if staying in the wedge, and making...