after consolidated for 1 Month ( dec 2023) , BTC finally breaks above $44,000. Resistance turned support. hence take note on $43,000-$44,000 support. next resistance at $48,000 indicator: price is supported well at 20MAs (red line is 20 days moving average). short term momentum is strong. DYODD
Continuing to be fueled by ETF insider news, BTC pulled up to $45,000, hitting a nearly one-year high. As a result of this, short-term options IV rose sharply, and now flat options IV has exceeded 70% on January 12, and flat options IV grew to 65% this week. Meanwhile, block trading, which has been dormant for days, is hot again, with nearly $300 million in...
Bitcoin continues to follow it's halving cycle process. Today it's hit the highest price it's been since since April 2022. The short term price is highly dependent on the narrative that we currently expect one or more Bitcoin ETFs to be approved within weeks. If that's rejected we may, of course, see a major price unwind, but even if that happened it's extremely...
As of now, Bitcoin trades at $42,376 on Binance, maintaining its position above $42,000 into 2024 despite signals of price dips in on-chain data. Recent data shows profit-taking by BTC traders from October to December 31, alongside a surge in BTC supply on exchanges by year-end. Despite mounting selling pressures, Bitcoin remains steady above $42,000 as of January...
The price follows Down's theory and stop-hunt main key level, on the plan, short now! TKS GoD for the best entry!
This is where the rubber will meet the road. This Bullish Flag Pole Trend Line Violation should push up off of these levels from 40k-44k should get us up to the next level of support/resistance at 48-50k range and afterwards should consolidate anywhere from 2-3 days to 3-6 weeks before pushing on to new all time highs; given overall market conditions and...
BITSTAMP:BTCUSD Weekly Chart Price Target for bitcoin. Bullish consolidation refers to a price pattern observed in financial markets, particularly in stocks or other securities, where the price of an asset temporarily pauses its upward trend but shows signs of maintaining a positive bias. During bullish consolidation, the asset's price may trade within a narrow...
Good Evening These new pivots are reacting to yesterday's pivots. A Geometric exists in between our familiar dimensions. They can be generated by a computer calculating a simple equation over and over and so do my candlesticks based on price action. I'm waiting for my black candles to appear which then comes the white candle which is the Bull candle. Once...
Expired BTC.USD Weekly outlook. 4th WK DEC 2023 > BULLISH 📈 CORRECT Closed Price: 43,805 Target Price: 44,442 | Strike Price: 45,210 JAN1 24' Upper Range: 47,343 Lower Range: 41,541
The symmetrical triangle just confirmed the bull trend continuation, killing the bearish patterns, next target 48K
#Bitcoin has just unlocked the 45 k it is in a solid trend up to 47k. If records high is crossed we could go all the way to 96,1289$
Just a quick glance at BTCUSD it looks like price has failed to break lower and has formed clear signs of support. I would like to see a revisit into 45000. Lets see how that plays out
This is my first educational post. This is not long or short. This is just fib circles. This tool is great for non-linear support and resistance. you can also draw horizontal lines at the top of each circle to make your traditional fib extensions and retracements. these can be used on any timeframe just like your standard linear fib ext/ret The biggest rule...
Bitcoin is presently displaying strong bullish momentum, with a potential test of the $50,000 price threshold looming. Stay attentive to this week's news releases, particularly the US JOLTS Openings on Wednesday and the US FOMC meetings. While retracements or reversals could occur post these events, I expect the bullish trend to persist until Wednesday. ...
BITCOIN has been bullish and many traders are predicting it to reach 100k this year, which is more likely, but from the current price action ,it is showing some sign of weakness on daily chart, if it will fail to break FWB:48K there is a chance for bitcoin to drop to 15k-20k ..
Another bullish impulse, a set of paper hands in position and the final correction before the bull market. This is approximately 8-9% gains from the current price. It's either a good deal or leave it just as info to watch and focus on the spring.
The price will drop a little to approximately 41k and then complete a chart formation until 44k. At that point we will see the behavior of the indicators to contemplate more increases. If they approve the ETFs, the price, even if it rises, will have to fall since large investors will want the cheapest BTC before buying.