Basically what I predict btc will do in the next 1-2 weeks based on the footprints. NFA
Today, Bitcoin continues to maintain a narrow volatile market. Judging from the structural trend, Bitcoin maintains a volatile upward trend. Recently, the K-line has appeared many times, announcing that the short-term decline is basically over. , Then the next step may be to go long at a low level.So in short-term trading, we can execute according to the following...
* Here we can see clearly BTCUSD is forming The Bearish Flag ( Continuation Pattern ) soon. * I can see we can pull Multiple Trade Positions from the next moves of BTCUSD. * I've put EP for SELL position & EP for BUY position. * I recommend to take the SELL position as we can see clearly it's forming The Bearish Flag. * Keep your eye close on your trading...
BTC Price Live Data The live Bitcoin price today is $28,855.61 USD with a 24-hour trading volume of $15,140,346,914 USD. We update our BTC to USD price in real-time. Bitcoin is down 1.89% in the last 24 hours. The current CoinMarketCap ranking is #1, with a live market cap of $558,824,016,222 USD. It has a circulating supply of 19,366,218 BTC coins and a max....
Bitcoin (BTCUSD) has been on a strong recovery since late November, following the FTX crash but is doing so on Decreasing Volume. This is something that has gotten many market participants worry as decreasing volume during rallies make the trend fragile. A simple look however at past Cycle bottoms is enough to provide a good understanding of the current...
This is an interesting analysis on the 1W time-frame of Bitcoin (BTCUSD) against the GOLD/SPX ratio(blue trend-line). The conclusion that this comparison offers can be very valuable. As you see, when the GOLD/SPX ratio peaks and starts pulling back, Bitcoin starts the Parabolic Rally of its Bull Cycle. At the moment the GOLD/SPX ratio is on a Channel Up similar...
Bitcoin (BTCUSD) is above the Multiple 3 (black trend-line) of the Fibonacci MAs for the third straight 3W candle. Every time it did so, the price always hit Multiple 4 (yellow trend-line). This level is now at $43300 and rising. Do you think this is BTC's next target within a 6 month time-frame? Feel free to let us know in the comments section...
H4 chart of BTCUSD making symmetrical triangle which means it can go in either direction however, there is bullish bias as there was Bullish divergence at the last LLs and the last LL was broken and new HH was printed at the level of 30150. So now 2 levels are important to determine direction of market if the last HL (27350) is broken trend will go bearish and if...
On today's analysis we look into Bitcoin (BTCUSD) on the 1W time-frame and compare the current Cycle with that of 2014 - 2017. As you see there is so far an astonishing symmetry between the two, with the price currently consolidating after almost hitting the 0.5 Fibonacci retracement level three weeks ago. For the Fibonacci calculations we have used the price top...
2h time frame - Bitcoin is creating a potential harmonic structure(butterfly) The reversed point is around 32185 to 32700. We might reach it in next two weeks. Stay prepared for it!
You may be wondering what Bitcoin (BTCUSD) has to do with the S&P500 index (SPX) and the Volatility Index (VIX). Well this chart gives you the answer and sets the tone for the remainder of the year and beyond. As you see Bitcoin (chart on the left) rebounded on the Higher Lows trend-line that started on the December 2018 Low (and only broke during the COVID...
Bitcoin (BTCUSD) is rebounding off the 0.5 Fibonnaci Lower Lows trend-line that provided Support numerous times during the previous Cycle but when it finally closed a 1W candle below it (June 06 2022) it started the final bearish sequence. Currently this is very positive for the upside's chances and if BTC manages to close a 1W candle above the 0 Fib, we can see...
Bitcoin (BTCUSD) hit yesterday (and closed above it) the 1D MA50 (blue trend-line0 for the first time since March 13. At the same time it almost touched the 0.618 Fibonacci level of the Channel Up, which has been the last level of Support before the bottom of the Channel Up. The key here are the 1D RSI and LMACD indicators. We've placed both on the same pane and...
1h time frame - Bitcoin will probably create a potential inverse head and shoulders here, which neckline is 27880. If this structure perfectly form, the target will be 28700~28800.
post, we are looking into Cyclical phase and demonstrate them in a way like you've never seen before! Each Cycle consists of the Bear (red), Transition (blue) and Bull (green) Phases. The Bear Phase ends at the bottom of the Cycle, where the Transition starts and typically after the price breaks above the 0.786 Fibonacci retracement level, the Bull Phase...
Clearly seems supply is in control, very likely we will have another leg down (A measured move) which looks to be an important demand zone. NFA
It is not the first time we look into how the Chinese bonds (with our unique CN02Y/CN20Y ratio displayed by the green trend-line) affect Bitcoin's (BTCUSD) Cycles: It is however the first time we add stocks (S&P500 with the blue trend-line) in the mix. We can see the Cyclical behavior of the bond yields ratio as illustrated by the Sine Waves. Every time it...
The question on everyone's lips, are we there yet? Is the #BearMarket bottom in? Almost 1 year ago to the day I shared my Bitcoin bottoms up idea: Which used Ben Cowen's risk indicator to indicate the bottom or top of the Bitcoin market waves. The theory for using this indicator is as follows: 1. Bottoms must be below 0.20 2. Tops must be over 0.85 3....