Bitcoin (BTCUSD) has broken aggressively above January's Highs and hasn't been that high since November 2021! The December - January consolidation is history and what technically follows consolidation periods are phases of strong trends. We can in fact gain remarkable insight by comparing BTC's bullish run since the November 2021 market bottom to the runs of...
Bitcoin (BTCUSD) has been trading within a long-term Channel Up pattern since the November 21 2022 market bottom. The price broke today above the psychological level of $50000 and is about to touch that very top (Higher Highs trend-line) of the Channel Up. As the 1D RSI broke above its 4-month Lower Highs trend-line and is largely overbought near 80.00, this...
BTCUSD will going to the $50K in the next 1 to 2 weeks BTCUSD (W1) reached TP according to our assessment last week ( HERE ). And currently, it seems that the value of BTC will quickly move towards the $50K price range in the next 1 to 2 weeks.
BINANCE:BTCUSD BTCUSD (D) Which option do you prefer? Presently, Bitcoin (BTC) exhibits two potential price trajectories: A continued descent towards the support zone around 38.xxx. The formation of an inverted head and shoulders pattern in the price. Which option do you prefer?
HELLO TRADERS As I can see BTC is creating harmonic pattern on 4H TF so i am expecting a bull move is coming again after this retracement from 49K tp 38K and now its trading above the support zone so lets join the train and see what's markets brings to NFP today will move markets which are trading in a range .. This idea buying only makes sense after a positive...
Bitcoin (BTCUSD) is about to form a Golden Cross on the 4H time-frame, which will be the first such formation in almost 5 months (since September 18 2023)! Regardless of the time that has passed since its last occurrence (which is a strong parameter), that pattern alone is a strong enough bullish signal for the short-term. This can be the signal that can trigger...
Bitcoin (BTCUSD) is about to flash one of the strongest cyclical bull signals it can give as the 1M (monthly) RSI is attempting to break and close above the 62.50 level. What's so important about it? Every time that level broke with the price deep into the Bull Cycle, BTC started its most aggressive phase, the Parabolic Rally that ended on the Cycle's new (All...
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Symmetrical Triangle as an Corrective Pattern in Short Time Frame Impulse Correction Completed Impulsive Waves " 12345 " and " AB " Corrective Wave Head and Shoulder Pattern in Long Time Frame and completed its Second Shoulder
Hello Traders! This is my idea related to BTCUSD H1. I expect a retracement until the resistance level, after that, I will look for a long entry. At this stage, I see Bitcoin as more bullish than bearish. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your...
In my previous Bitcoin analysis, I argued that, in my opinion, the correction for BITSTAMP:BTCUSD was not yet over, and we could potentially witness a drop to the 36k zone. Since then, the price dipped below the 40k zone and rebounded back to almost 44k. However, this rebound exhibits a corrective structure, resembling a bearish flag, suggesting that a new...
On today's post we are basically upgrading our previous analysis (see chart below) with the addition of actual circle shapes on Bitcoin's (BTCUSD) Cycles and pies on their phases: As you can see this reveals a groundbreaking illustration of the historic Cycles. We don't want to get you in the technical details of the trend, you can find everything by clicking...
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Consolidation Phase as an Corrective Pattern in Short Time Frame. Completed Break of Structure with Retracement. Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Lower Trend Line to completed its " C " Corrective Wave
On this 1W analysis we see Bitcoin's (BTCUSD) amazing symmetry through its historic Cycles. A symmetry which upto this date, is holding and we will explain why right away. Before we begin, note that the current study can be used in combination with our legendary Golden 51%-49% Ratio publications shown below: ** Three Cycle Phases ** Now as to the...
BINANCE:BTCUSD It seems BTCUSD (D1) is moving towards the price support zone at 37k-38K$ with signs of a downtrend forming
✔️BTCUSD is expected to fall 🔴Recommended to consider Selling from Seller Limit Zone. 🔴Now try to move down with new Sellers. ⚠️SELL the TOPS!!!
Bitcoin (BTCUSD) is on the 3rd straight bearish week (1W) following the 49000 High, which technically was a Higher High on the 1-year Channel Up. This is the 2nd Higher High structure within this pattern (first was on April 10 2023) and technically we are currently on the new Bearish Leg that seeks the formation of a new Higher Low at the bottom of the Channel...
Over the years we have discovered many historic patterns applicable to Bitcoin's (BTCUSD) Cycles. With a relative degree of volatility every time, since each Cycle has it's own distinct characteristics and fundamental events that shape it, those patterns can help traders/ investors construct strategies for buying and selling on a long-term scale. This time we...
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Impulse Correction " ab " Completed. Consolidation Phase as an Corrective Pattern in Short Time Frame and Long Time Frame and Rejection from Upper Trend Line. Bullish Channel as an Corrective Pattern in Long Time Frame with the Breakout of the Lower Trend Line