When halving, BTC Rocket touches the A zone.
The date and Price Range have been measured by bars and volume.
The first volume vertical arrow was measured then I applied the same length of measurements with other arrows.
Used a blue double curve to measure the price distance with halving dates.
I've added price labels to the tip of the rockets as they reach...
Linear fibs show buy support at 51K, but the halving will shock the supply such that the price will be forced to double shortly thereafter. Current cost to mine one bitcoin is ~50K so a fair price for bitcoin should be around 80K after many miners give up their rigs at a loss. Just spit-balling here. Posting chart for retrospective.
How's WWIII treating you so far, anon?
Bitcoin has been overbought on all of the lower time frames for quite some time It was only a matter of time before these charts had to reset currently the daily has reset But we may need to reset the 2-day and the 3-day chart as well before pushing back up significantly we will have some volatility in the meantime I'm looking at all of this happening over the...
Simply put, he created it to take financial control back from financial elites, giving ordinary people a chance to take part in a decentralized financial system. Bitcoin remains open-source, meaning that no one has the power to own or control it in its entirety
The price didn't manage to close with a bullish p.a in daily chart yesterday, it creates a bearish OB and a confirmation of fake out
Any bounce should be a relief for another leg down
Here are some levels of potential bounce lower
Educational purpose only
Have your own t.a don't follow blindly
Nfa
Imagine 59k bounce to 68-70k
And then dump hard to 55k and 51k and finally bottoms with a 49k quick wick lol
Would be killing so many fomo traders
Educational purpose only
Nfa don't follow blindly, just an idea
The three black crows is the inverse of the very famous "three white soldiers" candlestick pattern.
The three black crows is a pattern that may predict a change of trend, in this case, the end or reversal of the current uptrend.
➖ The week is not over so this pattern is still in the making; not complete, needs confirmation.
Once the week closes, if it does so...
BTCUSD - Sell Signal! Big Pour Down
All signals are listed on the chart, you are free to interpret it as you like, but this seems like a good trade. I personally won't trade this since I don't trade Crypto since I am new to Crypto markets and are very unpredictable.
Upon analyzing Bitcoin (BTC), we observe a persistent downtrend. Notably, the price has recently entered a crucial support zone and experienced a retracement, potentially presenting a sell opportunity.
In our video, we delve into various aspects of technical analysis, including trends, price action, and market structure. It is essential to emphasize that the...
I think at this point we can very clearly define the areas of bear risk and bullish breakout in BTC.
I've seen various calls for pullbacks to the 50K area and then bullish continuation. While that does make a lot of sense in ways I find that hard to expect given BTC has never done that previously. In all instances where BTC has made a bullish breakout the...
The larger timescale (4HR) has a bullish wave reaching up to 68000 but the bearish WW in smaller timeframe goes back to 62k before going up..
Well given all the negativity, I would go short first
BITSTAMP:BTCUSD lets be "Neutral" for a second and look at whats going on in the 10H chart. There has been 2 breakout attempts, one almost made it with a resistance turned support retest and bounce near 69k but then failed miserably.
On the bearish side we had, 4 bounce off the support BUT it seem that its possible the 5th time will be the charm.
The trading...
Let’s short this thing now and let’s ride down. From technical perspective it’s very simple, but mostly it’s around fundamentals and political pressure and uncertainty
This is finally shaping so well, we might see a touch of upper line inside the wedge near 70k, but not always. The move down to near 60k will be explosive, the pattern is invalid only above 73k
