When In Doubt zoom OUT!!! Historical data BTC loves Nov and Dec. With this perspective who cares about a retracement? When BTC trades sideway that's when its time to double down on alts. BTC might trade sideway 65-71k, but after that: 83500 and then 100k. good quality alts: Eth, Sol, and your favorite meme coin: like $ROOST and $ROBUD for fun. BTC hits 100k: ...
Bitcoin has been consolidating within the range of $65,000 to $80,000. There is a possibility that the price may experience a decline and reach levels between $50,000 and $53,000. This range represents a crucial support zone where the price could potentially find support and rebound. It is important to note that market conditions can be unpredictable, especially...
I think bitcoin will bottom out somewhere around 25k in Q3 or Q4 in 2022, and then range between the highs and lows for another 18 months. The next halving is expected to be around march of 2024, and the bull runs naturally happens a few months after that.
Get ready to groove with this trading insight! Picture this: the market's in the midst of a tantalizing dance, swaying within the rhythm of a tentative reversal pattern. But hey, as a savvy trader, I'm not just here for the main beat—I'm vibing with all the potential moves this price could make. Now, if support decides to take a little breather and breaks, I'm...
BTC is FLAT ; corrective wave (long bias) Market Condition - Reaccumulation ST Washout / Spring (Suspected) Market State - Re-accumulation Local Trading Range (+possible washout) *no active 'local trading range' Market Context - No active trading range
The wise choice would be to be Bullish due to previous price action... although being at previous resistance means we could fall... Currently above 60K, a test of support expected (consolidation). We either drop or continue with the pump (Bullish).
Bitcoin broke the trend under the 20 day and 50 day moving averages, we have retested the same moving averages and the price found a bit of resistance this time. My first scenario if we break down the support at 60K is continuation to the downside between 50-52K range however we could see liquidity hunt under 60K support and continuation to the upside.
Crypto Analysis (27th April 2024) BTCUSD Analysis On the 4 hour timeframe, price action has swept the buyside liquidity and created a bearish Change of Character, leaving behind a large 4 hour bearish FVG. Price retraced into the fvg, respected it and continued to create a 4 hour Bearish BOS. Dropping to the 1 hour timeframe, price has created a 1...
BTC continues to range and could meander around the previous recent price levels for quite a while. Some very intelligent quant traders I follow say this could be upwards of 50-60 more days like this. The red downward trend line needs to be broken with supportive structure for me to think this is an upside move short-term. This type of contraction is bullish...
From my opinion and my analysis, I think now bitcoin is in the corrective wave of wave 2 in term of strong B and I think bitcoin is going to make Irregular Failure Flat or Running Flat for make the 3rd very extionsion wave. WHY I think it would be Irregular Failure Flat or Running Flat, from CCI indicator it happened Hidden Bullish Divergence so it mean the wave...
Weekly timeframe - Bullish market structure - Rejection candle on the 61.80 fib level - Bullish fib active - Previous resistance acting as support - Natural M Daily timeframe - Bullish M with the fake-out (outer structure respected) 4H timeframe - Inverse head and shoulders
Another crazy looking chart. Here's a neat chart that gives a picture of BITCOIN when you look at it from a bigger picture. This is a scary point for BTC, it's somewhat on the edge of a cliff. And if you look at the EMA's, There are a few times when they have looked this overextended with the smaller EMA starting to come down closer to the 20. Marked with...
This has been my trade plan so far. Summer 2024 will give us some interesting buy opportunities for the second leg up with its peak at around nov 2024 to jan 2025.
I’m picking up all kinds of noise… something about the government railroading a CBDC (central bank digital currency) down everyone’s throats by engineering a crash so massive it creates an incentive to push people to adopt a CBDC, handing them out for free. It’s a wild idea and might just be some crazy theory cooked up by someone out of touch. Regardless, I don’t...
On April 30, 2024, CRYPTO:BTCUSD closed at the lowest level, below the $61,200 at the close of Feb 29. More importantly, this was a strong support the CRYPTO:BTCUSD has touched many times and bounced back (March 5, March 19 and multiple times between April 13 and April 19) Therefore the close below this level has a significant implications for ...
finally complet the all zone testing to 4 hour ob up ward NOTE- trade at your own risk no finincal advice
This is coming from the top…..by top I mean the Daily timeframe. Using TA such as channels, patterns, swing reversal identification, rsi, cmo, and wave identification I hope I clearly show why I believe BTC is about to launch up towards 100k. This will be wave 5 up. The last wave Elliot wave theory. That’s not a bad things. You get to enjoy another leg...