BTC reached the horizontal support and trendline. On RSI we also got a divergence on daily. From here I expect to go up again soon. 4H Chart
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About BTC (Update) Trying To Breakout Bullish Pennant In 12H Timeframe⚡️ A Successful Breakout Could Send #BTC To New All Time High✍️
- BTC currently breaking out of a Symmetric Triangle. - What this means is that the current ranging market is near it's end. - So price will likely break and reach new ATH or it will fall back to $66k or $61k.
BTC has reached a new short-term low of $60,775 after correcting from $73,777. This low was suggested by the trading volume given by the FRVP, as cited in previous analysis. The FRVP support at approximately $67,200 continues to be important, and bullish behavior is expected if the price remains above it. The recent highs and lows suggest price compression via a...
#Bitcoin is currently encountering resistance. Is it a liquidity hunt around the all-time high (ATH), or a genuine breakout? Nobody knows for certain! We're in a waiting game. Based on previous charts, we seem to be leaning towards Scenario 1. A break and close above this level could potentially trigger a rally to a new ATH. Fingers crossed for a positive...
And here comes the setup as promised. The price has hit the daily support and has bounced from there although not significantly. Howeverm it is currently trading above that zone and it seems likely that the price will push upwards during the day and that should result in a green daily candle today. We will reevaluate the price action at the end of the day to see...
Bitcoin (BTC) is currently testing a key resistance and liquidity zone at around 69,500 USD. This level has proven to be a significant barrier for the price action in the recent past. If BTC can successfully break above this 69500 - 70000 USD resistance level, it could trigger a strong bullish move. The next major target would be the all-time high at 73,000 USD,...
The bulls of most tokens, including ETH, have significantly declined, while BTC has rebounded close to 70000, and the high point of the correction has gradually increased. BTC maintains strong purchasing power with the support of ETFs. In the past bull market, some tokens would use BTC as a reference. After continuous rises, market makers would evaluate the...
Looks like CRYPTOCAP:BTC is gearing up to consolidate, forming a symmetrical triangle while RSI hints at hidden bullish divergence. 📈 Let's see how the probabilities play out! I'm on the bull side. #Bitcoin #Crypto #Bullish
🙏 Sorry For Not Posting Any Thing Yesterday, We Are In a Range And Always Ranges Are Boring 🔜 Any Way, Let’s Start Talk About New Update 👉 For Me, Current BTC Structure Is Corrective With No Doubt, Wave A And B Completed And Now The Price Playing At The Wave C 📉 I Expect a Down Rally Toward a 61500$ As a Wave 5 From C And It Could Be a Final Leg down Before...
We see how it currently breaks the trend line of which it formed a bullish flag, it still needs to close above and pass another resistance, then we wait for the support zone to be retested and we continue rising, see if it wants to break the ATH
Bitcoin has done a trend breakout which was expected to happen since the price lift from $64500. I am expecting a rally from here towards the ATH or even higher level targeting close or above $85k.
I expect Bitcoin to get strong support from around $64.000 and attempt $100.000 in the coming months. I think it may then drop to $60.000 with profit realization and then try $150.000 or more with the Fed's loosening monetary policy. * What i share here is not an investment advice. Please do your own research before investing in any digital asset. * Never take...
DISCLAIMER: I already have a position in BTC, as noted on the chart, where I have traded the crypto in the past. BTC is currently forming a pennant pattern, indicating a potential move to higher levels. My outlook remains extremely optimistic, especially with the upcoming halving event in just two weeks. Although this event is more short-term in nature, it's...
Bitcoin conditions are such that we see a triangle (or diametric) in an X wave. The price has formed a continuation pattern above a very important QML. This QM L corresponds to the monthly time frame As long as we are above the invalidation level and QM L and have not stabilized with a daily candle below this level, Bitcoin is very bullish. For risk management,...
As you can see , Bitcoin raised again from our specified demand zone
bitcoin should break 70500 to countiniue up trend min 65500 max 70500
The btc pair creates a pennant in the 1D timeframe. If the market breaks this pattern then a big move is expected, there is also an order blocker in 1d at 52500-51000 range. If the market does not give respect to the downward order block and breaks above then the market goes above 85000.