The Bitcoin 2024 Halving is only 5 days away —according to CoinMarketCap— and this is truly a major event in this market. Bitcoin's halving has a huge effect on the entire Cryptocurrency market in a positive way.
The halving is something good and was implemented as a strategy/feature/solution/technique to fight the highly feared and polarizing monetary inflation...
Bitcoin is in the middle of the bull market cycle, but where exactly? It's necessary to do an Elliott Wave technical analysis to see the full map, as the market always moves in waves. We are almost at the end of the major wave (3), and in summer 2024, we are ready to make a significant corrective ABC pattern. We probably all know that summers are usually boring...
Any questions? Follow the trend lines with lows and highs. 14D TF dotted blue lines squeezed into a 4HR TF. Shows the end of dip but I have another idea showing a possible dip to $57k zone but no confirmation yet.
BTC same pattern but with different volume.
BTC not ready to fall deep.
Added a selling Zone for myself. I will reevaluate BTC once it reaches SELL...
Cryptocurrencies have revolutionized the financial landscape, with Bitcoin and Ethereum emerging as two prominent players shaping the digital economy. Despite sharing the common ground of blockchain technology, each offers distinct features and functionalities, underscoring the need to understand their differences.
Introduction to Bitcoin
Bitcoin, introduced...
Hello dear traders! Today, we're having an exciting day in the markets for Bitcoin, aren't we? We see that Bitcoin started the trading day at an impressive price of $66,352, up 2.16% from yesterday. This is a sign of a positive trend that we need to pay attention to.
Looking at the bigger picture a bit, Bitcoin found a strong support point at $60,000 and from...
Today's focus: BTCUSD
Pattern – Range, seller test.
Support – 62,000 area
Resistance – 73,000 area
Hi, traders; thanks for tuning in for today's update. Today, we are looking at BTC on the daily.
With sellers continuing to check buyers, it continues to look like we could see a new move at support. But for now, buyers continue to hold firm from around the...
Bitcoin continues to maintain its consolidation, halving appears to be a non event which again is typical. The actual catalyst (institutional buying?) has been STOPPED for at least a month. If anything, I suspect large players who instigated the "run to 100K" nonsense have been quietly reducing their exposure into the hands of the retail trader. That may be one...
Hello everyone, this is Maximilian!
Currently, BTCUSD appears to have recovered significantly thanks to strong support from investors at the price of $61,000. In addition, the successful overcoming of the EMA 89 moving average has also contributed to promoting the growth of this currency.
Through observation from the 4-hour chart, it is clear that the market is...
Hello everyone, nice to see you again in today's chat! Today, we will analyze and propose a strategy for BTCUSD together.
Currently, BTCUSD is in the process of consolidating at high levels, with stable trading activity on the 1-hour timeframe. Bitcoin price is currently trading steadily above $66,000. Additionally, a bullish head and shoulders pattern is...
BTCUSD continues to show weakness on the sixth day! The price briefly recovered to $63,900 but remains trapped under a bearish trend after breaking through two key support levels. The outlook remains bleak as the 1D chart for BTCUSD shows convergence with resistance. Should the $61,000 support level be approached and breached again, BTCUSD could rapidly drop to...
Hey everyone! Curious about the latest trends in BTCUSD?
BTCUSD has wrapped up its recovery streak and has started a smooth correction. Early in today's session, the coin approached the $64,200 mark and is still trending below the EMA 34 and 89, indicating that the sellers are maintaining the upper hand.
Looking ahead, BTCUSD might undergo a deeper correction on...
Plotting candle: Bear red arrow shows Bull was rejected. Blue candles have a struggle. White candles or candle reveals what might come next based on volume:
1. BULL plot
2. Struggle plot
3. Bear plot
The end of the REGRESSION trend shows a green BULL plot confirmation based on volume but must first close and there’s 6 hours left to close out BULL plot.
I want to start this post by sharing with you my deep analysis of SPX reactions to previous BTC halving events to show you how we know the only way is up for SPX after the halving.
The halving is said to be a bullish event for BTC. In this analysis I'll show you the same things cited for price moves would suggest the same for the SPX.
So, here's the 2012...
The is a whales bullish contraction. Whales will work within it to even say there’s a BULL FLAG.
First must come near the value line to determine what intentions does smart money have.
Find the key levels
Applied Liquidity zone mark
Hello dear friends trading BTCUSD! Let's discuss and strategize for the new day!
The growth for BTCUSD continues to build. At the time of writing, the cryptocurrency market is trading below the $66,500 barrier. The uptrend is very strong as it is also at a high level with stable trading activity on the 4 hour time frame.
Exiting the downward parallel channel has...
Hello dear traders!
Overall, BTCUSD is changing the structure of the market observing a broken bullish technique, which can generally determine the medium-term potential. Price is testing $64.685, aggressively defended by sellers amid a wave of corrections and sell-offs
The bullish momentum in general has been exhausted, the support level of 64,685 USD cannot...
BTCUSD continues to maintain its recovery, holding strong above the $66,000 mark. Currently, this cryptocurrency is still in an uptrend, with new support levels being established.
Looking at the technical analysis chart, the 34 and 89 EMA lines are beginning to converge, suggesting that the next trend could be a continued upward movement. Resistance at $67,690 is...
![BTCUSD.P: Dominant Trend Directional change [UP]](https://s3.tradingview.com/z/Z8AZKIM1_mid.png "Dominant Trend Directional change [UP]")
