Will we just skip 50k in one move or it would take 3-6months xD? Eitherway, btc is pretty sexy
The highest ever monthly candle close has been recorded for Bitcoin in February 2024 for both BTC/EURO and BTC/GBP pairs #Bitcoin
This BTC bullrun can go parablic up to $80k (72k EUR) in April, followed by a heavy correction (25-33%) to GETTEX:48K (43k EUR). Then new rally up to $125k (112k EUR) in 2025 or... all the way back to $28k (25k EUR).
So, crypto's buzzing with bullish vibes, but here's something I want to share: There's a pattern emerging on the btc chart. A massive diamond top formation, signaling a potential drop to the 9K area. Meanwhile, the dollar is playing it cool, but zoomed out on the weekly charts, it's riding an uptrend and printing a bull flag, hinting at a ride up to the 114...
It looks like a head and shoulders pattern to me so i think BTC might fall. I really wonder whats gonna happen in next few weeks
Deciphering Bitcoin's Monthly Odyssey: Unveiling a NeoWave Correction Introduction: The Grand Correction Unveiled In the vast landscape of Bitcoin's monthly trajectory, a compelling narrative unfolds. Following a substantial downturn, Bitcoin is now engrossed in a corrective phase. This analysis delves into the ongoing X wave, discovering a symmetric pattern...
BTC has reached the downside. In my opinion, this makes for a good RR and a good long opportunity. In the local trend, the price gained a small resistance point which gives a nice long opportunity
BTC has been in a downtrend for quite a while. The price is making higher highs and has just filled an imbalance bellow.
I would love to hear your thoughts on this.
3 2 1... I dont know yet how far we can go, I was bearish but I was wrong that it will come soon, I was starting to be bullish, but those previous huge movements makes me feel that everything is going now according to big plan
BTC/EUR vs BTC/USD present significant technical distinctions. Since May 2022, both BTC/EUR and BTC/USD appear to have formed an ascending wedge pattern on a linear scale, which typically breaks downward, signaling a bearish pattern. What's intriguing is that the asymmetry of this pattern for BTC/EUR is more intriguing than for BTC/USD. Over time, BTC/EUR has...
In my previous idea, I think I make a mistake, I think we may be not close to disbelief, but we already are in late disbelief stage. I bet on that analysis that we could go up to $30k but I didnt expect we will catch it so quickly. But never mind, I take this candle as an anomaly, and we could erase it from ta. But let be honest it is a good sign. Today I was...
Based on the bullish pattern, Bitcoin hit the first target and we are likely to reach the second target as well.
BTCEUR getting ready to breakout?
The monthly 22 and 55 MA define the boundary for Bitcoin a the moment. To the downside there is solid support at the 55 MA and lower around 19K monthly support. When the 13 EMA (orange line) crosses the 22MA the real Bullrun may start. But that might take a while ...
We just dropped to the Weekly main support. If this doesn't hold the Monthly major support is the next stop. But I don't think we'll get there...