Bitcoin has just completed a false breakout. One of the most bearish signals in technical analysis. I would expect much more pain in the crypto markets going forward as a result.
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.
Bitcoin\1H consolidating after breaking the down wards parallel channel and making a new extreme to the upside ~23.6.It could go up to ~24.1 where a big liquidity cluster is and come back down after that. **Next stop for bitcoin could be around 20500 where the CME Gap is** Please Boost,Follow,Comment if you find this video informative. We yet have to see a...
Bitcoin recently rejected previous supply zone and currently is falling back to previous level of resistance and is loosing momentum. Look to see a bullish candle pattern forming @ the level to confirm entry to the upside.
Bitcoin is going sideways for a while and may continue this path for longer time. Right now it doesn't look good to enter a trade, I would rather stay away until we get better signals. It may go down to 28K before the weekend, and if it does, it may continue the downtrend as the weekend is no good for trading. Just stay aside and wait for trend confirmation.
Bitcoin has been in a steady accumulation range between $46k-$51k for the past 23 days. From this key level we can expect continued bullish momentum towards the upside to the next key level of resistance at $57k. Currently Bitcoin is 25% from its ATH price @ $64k. If we can have a clear break of this resistance and hold above $51k flipping it into support we can...
Bitcoin has managed to re-establish itself as a '50,000$ asset' and the next step would be to (hopefully but increasingly probably) rise further towards newer Highs. On Friday, during the bad Jobs data repost in the United States, the price of BTCUSD rose to the 50k+ level with Bitcoin behaving as a New Safe-Haven. Fundamentally this is a strong indication of...
Bitcoin is breaking out of the symmetrical triangle, and the potential target of this trade is 36.5K. There are two caveats to this trade setup that I do want to point out: 1. Volume, while ok, isn't as large as I'd prefer, and 2. The breakout candlestick isn't as strong/large as I'd prefer; I'd also prefer for the close of the breakout candle to be more above the...
Bitcoin is in an indecision zone right now and we will need to see how price action evolves to see which direction the price is likely to head. What we can do now is to prepare for the possible scenarios so that we have a plan of action regardless of which way price moves. On the 15Min TF, price has broken above the 200MAs and if price comes back down to test...
Bitcoin’s Dominance is currently located at all time lows. The lowest BTC dominance was at 35% when Altcoins were popping back in early 2018. After the dominance started to increase, the whole market was taking hits especially altcoins. Now the daily chart of Bitcoin’s dominance is suggesting that the dominance is again about to rise and this can mean few...
Bitcoin is still in a bearish trend. We were looking for a potential short at 36.5-37K at the 200MAs, but as prices have continued to decline, the 200MAs is now near 36K, and so thats where I will be looking for a potential short if we get price action and volume confirmation. There is a potential inverse head and shoulders forming, though a very ugly/messy one...
Bitcoin - $37,780 Support Testing Bitcoin broke through the first major resistance level at $38,788 to end the week at $38,900 levels. #bitcoin #cryptocurrency #crypto #blockchain #forex #btc #money #ethereum #bitcoinmining #trading #investment #forextrader #business #bitcoins #investing #binaryoptions #bitcoinnews #entrepreneur #invest #trader #bitcointrading...
Bitcoin is starting to put in some bullish structure after the breakdown from the symmetrical triangle. Bitcoin put in a bullish divergence where as prices were heading down, the RSI was moving up, suggesting at least a pause in the downwards momentum and a potential rally in the short term. Following this bullish divergence , Bitcoin is now forming a...
Bitcoin holds the 21EMA on the Weekly through its entire existence during a BULL Market. As soon as we break below and hold below the 21EMA on the weekly, we have always had a prolonged and major correction bear market. Today, Bitcoin has broken below the 21EMA on the Weekly. Now.. this does not necessarily mean a bear market this time because there is a...
Bitcoin’s price neared its all-time high of $61,712 early Saturday while ether set a new all-time high at $2,190. According to CoinDesk’s Bitcoin price page, the leading cryptocurrency traded above $60,000 for the first time in nearly a month after spending weeks vacillating between $52,000 and the upper $50,000s. Bitcoin pulled back marginally after peaking...
Bitcoin has been performing very well for four (4) weeks. With $60k being a pretty tough nut to crack I expect Bitcoin will take another breather next week and retrace. Have a look at the possible downward trend scenario to about $40.5k over the next weeks. The fib retracements match very nicely the possible landing zones. The 61.8 fib. retracement is a perfect...
Bitcoin prints an Emerging 5-0 pattern. And the Elliot wave count on the BC leg dictates that we still expect a wave 5 push up to the price region marked as a potential reversal zone before we can expect bitcoin to make the CD leg to a minimum of 13900. 5-0 pattern is a distinct 5-point reversal structure, discovered by Scott Carney that typically represents...
Bitcoin needs a healthy pullback around 15K