Bitcoin touches 64K: Has it found its footing? On January 22, CNBC's Jim Cramer said that it was " Unlikely that bitcoin finds its footing" However, Bitcoin reached over $63,000 on Wednesday, marking its highest value since late 2021, even briefly touching $64,000 before turning a little lower. As the Bitcoin halving in April approaches, reducing its...
Bitcoin has recently showcased its resilience, surging past the significant $31,000 mark. This breakthrough is not a mere coincidence; it's a part of a grander design in the crypto market. If your preview is distorted here is image copy of this analysis: Let's delve into the intricacies of this upward momentum: 1. Halving's Influence: One of essential...
BUY/LONG ZONE (GREEN): $46860 - $56275 DO NOT TRADE/DNT ZONE (WHITE): $42580 - $46860 SELL/SHORT ZONE (RED): $35550 - $42580 Overall the market has a bullish sentiment, price has recently broken above my previous buy zone so I decided to rechart new areas that I would look to enter at. Levels and zones are drawn from the daily and weekly timeframes. I threw a few...
By checking the Bitcoin chart in the weekly time frame, we can see that as we expected, Bitcoin continued to climb powerfully and managed to hit all the targets that I announced in the previous analysis! Now, after the price growth up to $64,000, Bitcoin has faced initial correction because it has entered its oldest Bearish Order Block (ATH), which is between...
BINANCE:BTCUSD updates the high to 53K and goes into consolidation. A flat 52500 - 50500 is formed after a strong rally, which is a strong enough signal of a confident market. Interest in the asset continues to grow and on the back of distribution, the price updates the December 2021 high after exiting the consolidation in early February. Both technically and...
TeraWulf is a Bitcoin miner and in my opinion has a great balance sheet yet it has lagged behind the performance of other miners and seems to be confirming a Bullish Dragon breakout with a Bullish Inverted Head and Shoulders visible on the RSI, if it plays out I think we will see a very significant rally leading into the halving which is roughly marked with...
It's just a spot analysis. I think move like this pass. personal opinion good luck
Historical data used to forecast 2025's top. Publishing intended for my own use to track its accuracy with the assumption that a bottom is in.
Back in 2018 this indicator marked the bottom (light green dot): This is happening again... in november a downtrend ended, and right now it's neither bullish or bearish. After a downtrend there's usually a range, so I'm expecting a retracement hopefully back to 30k, afterwards comes another trend, and I will bet for another downtrend late 2023 / early 2024, at...
Current charts (not shown here, this is a weekly chart, se profile for more info) CRYPTOCAP:BTC $ Flow is better captured on spot price. #BTC RSI is better captured on futures price. Weekly is interesting indeed! Both show: Cratering of $ flow as it goes higher, negative divergence. RSI is still...
#FETBTC After flipping the blue zone we can see a great move. Remember always use stop-loss
Bitcoing dominance at a critical level now. If BTC.D break upper line with weekly candle, BTC will pump more and BTC will make a new ATH in 2024. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The...
🔍 Strategy Overview: Condition: Wait for the price to break and retest the $8.50 level. Entry Criteria: Look for an open and close of a 4HR candle above $8.50. Targets: Targeting the next resistance at $9.60, followed by $10.73. Risk Management: Set stop loss just below $8.00. 📢 Analysis: Keep a close watch on the $8.50 breakout and subsequent retest. Evaluate...
Bitcoin technical analysis update (Weekly Chart) Bitcoin's weekly RSI falling from the last 2 years, In December 2020 weekly RSI touched 95 overbought levels, at the time BTC was trading at $42000 after that RSI started falling. In the above chart, you can see Bitcoin 2 year-long Weekly RSI breakout above its trend resistance line, this is a good bullish sign for...
The Pi Cycle just triggered the Bitcoin bottom. This is the 3rd time in the history of the bitcoin Pi cycle has shown the bottom signal, this indicator accurately predicted the Bitcoin bottom in 2015 and 2018. if this indicator works for the third time then we are at the bottom of the bitcoin bear cycle. Thanks Hexa
Bitcoin weekly RSI showing the bottom of Bitcoin. Thanks Hexa
Hello There! Welcome to my new analysis of Bitcoin in the middle to larger timeframe perspective. Within recent times Bitcoin developed a determined bullishness from where on it continued to form several new highs and establish a solid uptrend also supported by events such as the BTC ETFs (Exchange-Traded-Funds) that were confirmed for acceptance. Now Bitcoin...
Hello There! Welcome to my new analysis of XRP from the daily timeframe perspective. XRP recently caught my attention because it is forming a hugely bullishly inclined formation that has the potential to convert into a massive bullish breakout once the formation has been finalized. Especially as the XRP number is growing further and XRP is becoming more and more...