Blue wave dips, splashes the trend upwards as it rubs against my moving average to confirm a BULL RUN.
Double top & bottom
Creating this idea knowing BITCOIN is in the negatives because I know what’s coming.
Update to my ongoing analysis of this bull run.
Correction proceeding exactly per plans.
We are nearing some key levels to watch.
The bottom should be pretty close to here.
$ 56,265 - 56,799 is the minimum expected.
$ 52,838 - 53,659 is best Guess and Ideal target.
$ 48,090 - 48,750 is the Overshoot (backboard).
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Previous plots and logic that lead us here...
Bitcoin (BTCUSD) dropped on the Fed Rate Decision day near the 1W MA20 (green trend-line), the closest it has been to it since the week of October 16 2023 when it broke above it. This level is of considerable important for BTC as it is probably the most consistent Support historically during Bull Cycles.
On this 1W time-frame analysis, you can see why that is. In...
Time to buy.
+16% coming.
With the FED this afternoon and do to the liquidation of bitcoins, and also the area, very good support.
Let´s see.
blessings.
Hello Traders and Investors, today I will take a look at Bitcoin.
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Explanation of my video analysis:
More than 4 years ago Bitcoin created a nice bullish ascending triangle formation and broke out above the resistance. This breakout was followed by a +270% move towards the upside. Currently Bitcoin is once again creating a similar ascending triangle...
It has been about a week since Bitcoin’s fourth halving. Yet, despite investors’ bullish expectations of what would have come, Bitcoin has not really gone anywhere. Instead, it continues to trade choppily within the recently formed downward-sloping channel, and its technicals on the daily graph, including RSI, MACD, and Stochastic, show bearish signs; this also...
Hello everyone, what are your thoughts on BTCUSD?
Taking a close look at the technical chart, BTCUSD is currently forming a cup and handle pattern, and the price continues to follow an upward trajectory as per the long-term trend. It is anticipated that in the near future, the price could reach $90,000 as it approaches the ascending trendline formed by the...
#Bitcoin is trading at a decisive point.
If this support level breaks, we could drop all the way down to $52k.
The trend has shifted bearish, but don't forget that Bitcoin is known for making deviations.
Historically, May tends to be a negative month for BTC in terms of returns, and we're already seeing the effects within the first two days. Let's see how this...
Tomorrow, 25-April, is a very important date astrologically speaking. Certain planetary movements are pointing toward the resumption of forward action.
What would this imply for Bitcoin?
➖ Bitcoin peaked 14-March and has been consolidating since.
➖ Bullish momentum has been going down.
➖ The current bias is bearish based on multiple bearish signals such as: high...
Hello, friends! Today, I wanna share with You my short-term analysis of Bitcoin.👇
Note that the price has broken through the purple 🟣 and the orange 🟠triangle. Currently, the price is attempting to test the resistance level 60 000 (the lower triangle line)
and it's likely that we'll see a price decrease to the levels of 56,000. If we fail to establish...
In a bustling town nestled by the sea, there was a young trader named Kira. Her dream was to navigate the vast and unpredictable market waters, much like a seasoned fisherman seeking the best catch. Her mentor, an old trader named Captain Renzo, often spoke of the market as a treacherous sea full of challenges and opportunities.
"Ahoy, Kira!" Captain Renzo would...
No pullbacks can occur, it must be a sustained pump to 100k. If the majority believe its hitting 100k then it 100% has to because thats how I "feel". Just look at past charts bro, what goes up goes up forever. Theres infinite fiat so bitcoin has to have a infinite price point.
Bitcoin is an invention designed to grow forever as long as we live.
If you see the same vision, don't forget to support the analysis.
I'm releasing UPDATE2 earlier than planned because today the channel reached *666* followers. The analysis is set for long-term updating.
It doesn't matter if the price is 70k or 50k as long as you see the big picture.
The world...
Hello, dear friends! I think many of us were cheered up by a little Bitcoin pump. In fact, nothing unusual, it's seen within the framework of a descending trend. It's very important to monitor the price behavior, which may approach 63,000.
I see several possible scenarios:
📌Scenario 1: The price will rise to 63,000+ and test the descending trendline, then go...
Green wave 5 is marked as a failure.
Alternative:
But, considering other coins, alternative is weak.
Since there is no impulses on ETH from the low, I think, it will go for another local low.
The same on ADA:
BITSTAMP:BTCUSD
Bitcoin price continues to consolidate just above the $63,500 threshold. A look at the volume profile shows that at the current price, both bullish and bearish activity are not as pronounced or spiking. This is relative to the areas above and below, meaning not many bulls or bears are buying or selling at current price levels.
The recent dip in Bitcoin has sent shivers down the spines of traders, with many wondering if Bitcoin has finally hit rock bottom. One key price point has emerged as a potential beacon of hope: $61,970 . Historically, this level has acted as a springboard for Bitcoin, leading to rebounds in February, March, and April. But will this time be different?
Technical...
