BTC-USD broke the key Horizontal level and the Breakout is confirmed and The double top pattern So I think that after The pullback and retest We will see a move down
Bitcoin (BTCUSD) is not having the best 3 week stretch as it broke below its 2 month Channel Up. The April 2019 fractal, that has drawn widespread comparisons with the current price action recently, broke its Channel Up on a 1D candle wick, hit the Support made off the 1st Low and rebounded. Once the MACD formed a Bullish Cross, the next bullish wave...
As Bitcoin (BTCUSD) is battling to break its 1W MA50 and extend the rally of the new Bull Cycle, as all previous Cycles did, we looked at the 1W time-frame from a different angle and present to you an outlook that may have gone overlooked. As you see, every BTC Cycle Bottom can be viewed as the Head of a giant Inverse Head and Shoulders (IH&S) pattern. The first...
This is a unique representation of the Bitcoin (BTCUSD) Cycles using the Fibonacci Circles, a tool than certainly prints a very interesting Roadmap relative to the previous historic Cycles. The chart focuses on the last two Cycles but for a more complete projection we also incorporate 2015 - 2017. Each Cycle's epicenter is located on the candle that breaks and...
There has been tons of talk about Bitcoin's (BTCUSD) similarity of the current bottom reversal with the 2019 one. A lot of comparisons have been made, we've started doing that since November, but the time has come that BTC either confirms or dismisses the 2019 fractal. As you see on the left chart (2023) the consolidation within the Bullish Megaphone that Bitcoin...
Bitcoin (BTCUSD) completed a strong drop yesterday on session's close but that technically reached the bottom (Higher Lows trend-line) of its 1.5 month Channel Up pattern. As with the previous Higher Low drop, the price completed a -12% decline. The 4H RSI is replicating a similar pattern to that previous drop and broke below the 30.00 oversold barrier as it did...
Bitcoin Idea | BTCUSDT | BTCUSD ✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view, And only some of these analyzes are my actual real trades. I hope Traders consider I am Not responsible for your trades and investment decision.
Many have been focusing in the past days at the inability of Bitcoin (BTCUSD) to close above the 1W MA50 (blue trend-line). Surely that is essential for maintaining the pace of the January - February rally and as we've analyzed recently, it draws comparisons with the past Cycles where they were testing their own 1W MA50. ** Resistance/ Support levels based on...
On the daily chart below, we can see that the buyers failed to break the 25K level with conviction and gave way to the sellers. The top came exactly at the previous August 2022 high and the divergence with the MACD signals that the price is likely to fall back to 21500 level which is the first target for the sellers. There was some uncertainty in the market given...
As we left February behind, few realize that there is only 1 year left for Bitcoin (BTCUSD) before the next Halving (no4) as it will experience this supply shock event in March 2024! This 1W time-frame, is a simple illustration of why it is still a good idea to start Dollar Cost Averaging (DCA). ** Similarities with past Cycles. 1W MA50 test ** We see a lot of...
Bitcoin (BTC) price has increased today. The price of Bitcoin (BTC) is $23,693.95 today with a 24-hour trading volume of $29,607,630,597. This represents a 1.30% price increase in the last 24 hours and a -3.00% price decline in the past 7 days. With a circulating supply of 19 Million BTC, Bitcoin is valued at a market cap of $457,812,511,932. What is...
This is a unique analysis of Bitcoin displayed on a grid pattern made of the Fibonacci retracement levels (black trend-lines) applied from the top of the previous Bull Cycle to the bottom of the Bear Cycle and the Fibonacci extension levels (blue trend-lines) applied on the Lower Lows and Lower Highs of the Bear Cycle. Using the Symmetrical Pivots as the new...
COINBASE:BTCUSDT 1D time frame - Next waning moon is coming. There will be a good low to make a right shoulder of this big inverse HS.
On this chart, Bitcoin (BTCUSD) is shown on the 1W time-frame using the Fear & Greed Indicator (F&GI). A month ago it broke above 50, which is the neutral level between Fear and Greed. Since then it has stabilized sideways around 55 as the market is split with some being greedy for further rise while others waiting for a good pull-back to enter. Historically...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
This is a very radical approach to Bitcoin's (BTCUSD) Cycle Theory as it expands on the notion that BTC has so far had only two (mega) Cycles instead of the traditional view of four (smaller ones), which is an idea we have analyzed quite a few times in the past. Radical but as the analysis shows not unrealistic, since each Cycle shares common parameters with the...
* Here we can see clearly from our analysis if BTCUSD don't break our support trend line, we're going to be looking for BUY Setups in coming days & weeks, * If we see a down trend & it breaks our support trend line, we believe it's going to be forming Inverse Head & Shoulder Reversal Pattern ( VvV ) before the big BULL run for BTCUSD this Summer, * As for us we...