After the rapid fall, the bitcoin price has calmed down a bit and is now in a tight range. Bull view: So, I think $52k could be a decent place (but not good :p) for a scalp long. Bear view: But if it falls to $45 I won't buy that dip, and will better wait for $42k. And it could range $52-$45 for a while Information is just for educational purposes, never...
TA works. Down only. Target reached, that´s it.
In my opinion, this is where Bitcoin Stop hits $46900 and then moves upwards to $53000 to $56000. This is an uptrend for the next two daily candlesticks, and after that further correction awaits bitcoin In terms of time analysis, according to the time cycles specified in the chart, we expect to have heavier correction moves for the bit from 2Mar to 12Mar, up to...
Good morning again everyone and welcome back to my daily analysis of Bitcoin. Today I have the 4hr time frame pulled up after losing a bit of ground yesterday. Nothing too serious as of yet in my opinion but the dip to 45k yesterday was sort of a reminder that the bears are still alive and well. We have recovered since yesterdays low but there is still reason to...
Some solid down moves here point to a pause, at minimum. Caught some solid scalps off the 45,000 area but those were day trades thus private. In the larger timeframes, consolidation seems to be the most probable outcome for a bit.
Bitcoin has a key level at $38,000 that everyone should be watching. If price happens to go this low, this might be a great entry. Week of Jan 4 - BTC closed at 38,0000 Week of Jan 11 - BTC opened at 38,000 Week of Jan 18 - BTC high was near 38,000 Week of Jan 25 - BTC high was near 38,000 Week of Feb 8 - BTC low was 38,000
For now, we are out of the full ascending channel, after the pullback is hit into the canal, it remains to be seen whether it can enter the ascending and stabilization channel or not. Analytical vision and my opinion are marked in the chart There is a good opportunity to collect tools to buy. To enter Bitcoin, if the entry point of the green line is specified, you...
Good morning ladies and gentlemen and welcome to Bitcoin's red candles. Today I have the 4hr time frame pulled after losing a good chunk of gains overnight... No sweat tho. That is why they created a stop loss after all. As we sink further towards 40k I see noobs freaking out across the board. Let me tell you that this is not the first time I have seen a drop like...
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So finally we got a necessary deep shakeout. Let's take a look into possible bounce zones (and idea buy ranges for long term) In the video i talk about trendlines (obviously) the 45k and the 50k ranges, the monthly/weekly demand trend and possibility (althou unlikely) of a deeper correction. We also look into perpetual swaps premiums vs spot price near the end.
It dropped 18%, strong 15%, more than $3 billion. If this were the US dollar, I'm sure no one would be using it as a reserve currency anymore, but there are a lot of people claiming that they can accept bitcoin as a payment currency. I don't quite understand the logic. Yesterday, the US Treasury Secretary asked a similar question, causing a flurry of...
BTC had a sizable drop this morning however it is still firmly in the trading channel and now rests on the center line. Until BTC breaks out either side of it's current parallel channel There is no need for alarm. This is only a correction and reset of indicators to gather energy to spring up along its current trading channel. No need for a panic. It's sale...
watch for a bounce here for a quick scalp, but ultimately 46k is for buying
In the previous analysis, we warned of a fall and time, saying that from February 22 onwards, we have a corrective fall that thoroughly analyzed the reaction to a specific timeline, and the fall was done. Of course, you should not miss the opportunity to buy altcoins that are on the floor. My expectation is that we will fall and be happy under the ascending...
$BTC, Perfect retest, will it be a perfect bounce as well?
You can see the 140 MA on the weekly still holding support for the last 3 weeks and stochastics just crossed to the upside. At the same time the structure looks like an ascending triangle (bullish formation). First likely target is 71 area, but as it looks like bitcoin might be approaching its last ultimate parabolic phase (blow off top) the dominance can shoot...
Bitcoin still shows no signs of weakness and continues to rise. An interesting level to buy (a dip) on leverage is ~ $50k. Before that (it happens) just scalloping mini-dips and holding spot. No shorts allowed. Information is just for educational purposes, never financial advice. Always do your own research. Hit the "LIKE" button and follow to support, thanks!