🎊🎉🎁Today is my birthday🎁🎉🎊. The markets might be giving me a rough ride🎢, but I'm not going to let it spoil my birthday celebration🥳. After all, as they say, "In the stock market, as in life, it's not about waiting for the storm⛈️ to pass; it's about learning to dance🕺🏻 in the rain☔." I decided to take a break and enjoy💕 my birthday. After all, it's not every...
Heads up.... a breakout on the log chart is a game changer for BTC bulls. FED hiking cycle reaching the final chapters and pulling a handbrake on USD. We are entering into the 5th (impulsive) wave now. Keep an eye on $25,000 in BTC this week. We could see a leg to $46,000 as early as this Quarter. Stay long. Outguess the break.
Bitcoin is running near the resistance zone and the resistance lines to form the best harmonic pattern, "Gartley." I expect Bitcoin to fall to the support line for the third time. After the possible fall of Bitcoin to the support line, we will have two scenarios. 🟣The first scenario is the regrowth of Bitcoin to the resistance zone and falling back to the...
Bitcoin has hit the 61.8% retracement of the last major wave decline and has also formed a head and shoulders pattern. Once the neckline breaks Bitcoin should tumble to 19,000
Bitcoin is unstoppable. The market gained almost 30% from the beginning of the year. Now the market is stuck on a key daily structure resistance. Analyzing a 4H time frame, I spotted a horizontal trading range. Depending on the reaction of the price to its boundaries, I see 2 potential scenarios: Bullish scenario: If the price breaks and closes above 21300 -...
The chart above provides two bottom projections for the price of Bitcoin. These projections are based on what is called the cycle low multiple . This is a screenshot of the Bitcoin Cycle Low Multiple chart The cycle low multiple for Bitcoin is currently 2. This means that if prior cycle price action is predictive of future cycle price action, Bitcoin's...
A simple chart to show possibilities for BTC. A clear breakout and aproaching a fresh supply zone. From here, we are expecting the final showdown move for BTC
Bitcoin (XBTUSD) following in the footsteps of Dogecoin, Litecoin and soon Ethereum, is also very likely to go bullish. We have a nice but risky setup here. We can go beyond 333% on 10X Lev. Trade at your own risk. Leveraged trading is for expert only and can result in liquidation. Do your own research before trading. Use a stop-loss, risk management and all...
Bitcoin reached a key daily resistance. Probabilities are high that the price will retrace from that. I think that the market will roll over at least to 17600 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Let's see today if Bitcoin has started an upward trend or if this price increase that we saw in the past days was just a bear trap or the work of price changes by 🐋whales🐋 and exchanges. 🔆First of all, I think you should carefully read my previous posts that I put on the chart to have a better understanding of today's post and analysis (Although I tried to cover...
First, I must say that I have good news for Bitcoin fans: Bitcoin has been moving in an Ascending Channel since July 2017, so there is still nothing to worry about, and there is a possibility of Bitcoin growth (Bitcoin has reacted well to all ascending channel lines). 🔆A question I hear a lot these days: Where is the end of the bear market❗️❓ 🔆The answer to...
For a better start, let's go back to the post titled " Bitcoin Analyze_End of 🐻Bear🐻 Market❗️❓ " that I reviewed in the weekly time frame. Be sure to try reading this post to get additional information about today's post.👇 According to the post above, Bitcoin is pulling back to the heavy support zone it missed. The pullback structure is in the form of an...
Today I want to introduce to you the zone where Bitcoin is likely to start growing again. If you look carefully at the weekly timeframe on the Binance exchange, you will notice that the support zone, which has now turned into a resistance zone, has been broken by a red candle with a long body and a lot of volume. It is interesting to note that the candle of the...
I still believe that Bitcoin will go down. My reasons are the analysis of Bitcoin waves and the Bump-and-Run Reversal Top Pattern that is being formed, you may not be familiar with the Bump-and-Run Reversal Top Pattern, but it is considered one of the classic valid patterns. The Bump-and-Run Reversal Top Pattern forms when, after a gentle upward trend, a more...
It is interesting to note that Bitcoin has been completing a zigzag correction for about 20 days. The structure of the main C wave is Expanding Ending Diagonal. I have tried to show you the end of micro wave 5 of the main wave C on the chart. I expect Bitcoin to fall again, at least to the 🟢support zones🟢 I have marked on the chart. Bitcoin Analyze ( BTCUSDT...
I think you should first look at my previous post today about Bitcoin .👇 It seems that by hitting the upper line of the Expanding Ending Diagonal and forming the Shooting Star Candlestick Pattern, we can confirm the end of the main wave C. In my opinion, Bitcoin will go down to the targets I specified in the chart. Bitcoin Analyze ( BTCUSDT ), Timeframe...
The negative divergence in the current resistance range is clearly visible and there is a possibility of correction for Bitcoin
Bitcoin Boring Consolidation Continues.. Bitcoin is forming Falling Wedge in Daily timeframe.. Volume has been Decreasing since FTX Crash. If Bitcoin Can Recapture 17k Resistance, It'll open the Door for a Potential Bullish Wave. On the Other side, Bollinger bands Extremely tight for the first time since November 2018 which is Indicating a big Move...