Bitcoin has been unable to break above the $68,000 resistance level for the past 4-5 days. This stagnation suggests that upward momentum may be limited in the near term. Traders are watching closely as the price action unfolds. While a return to the $50,000 level is considered unlikely, Bitcoin may continue to trade sideways between $60,000 and $69,000 for some time.
BTC goin to 5K this year, I swear Clear H&S bet on it
Bitcoin, the largest cryptocurrency by market capitalization, declined nearly 6%, dropping below the $65,000 level for the first time in nearly ten days. The asset’s price drop ushered massive liquidation in derivatives markets. Several altcoins and meme coins noted massive drawdowns in response to Bitcoin’s correction. The biggest declines were noted by Sei...
The current optimal buying zone for BTCUSD is at 63089. It's a strategic entry point where investors can capitalize on potential gains. Setting take-profit levels at 63890, 64340, and 64908 ensures a systematic approach to profit-taking as the price rises. However, it's crucial to mitigate risks by placing a stop-loss order at 62380 to safeguard against unexpected...
Entry price ,stoploss and Target already marked in the chart itself FYI. Guys pls like, share and follow my ideas . Thank You All
I believe BTC still have more room to go down before continue its bullish market I went short (as seen on the chart) I can see this can go back down tested 61k again and most likely will break it before go up again Wil love to see btc go around 52k for me to be intrested in buying
Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
Red Right-translated (barely), tops early 2025, maybe around 150k (early bottom, not followng 4-year cycle) Green Tops late 2025, around 180k perhaps (Bottoms out according to the 4-year cycle) Blue Left-translated cycle, tops mid 2024, perhaps around 130k (Bottoms out according to the 4-year cycle)
It has an important resistance in the price range of 69,000. In dealing with it, we are waiting for the new trend [
A unique inverse correlation when comparing historic breakouts on Gold over the top of BTC. Confluence is that BTC is also at technical resistance. Duration of previous tops on gold being 3-3.5 years before a breakout occurs. A very interesting perspective at minimum.
As Bitcoin (BTC) continues its journey through the ever-changing landscape of the cryptocurrency market in 2024, investors are closely observing its trajectory amidst evolving market dynamics. Despite recent volatility, Bitcoin remains a focal point for both institutional investors and retail traders, driving discussions on decentralization, technological...
In the dynamic landscape of digital currencies, Bitcoin continues to capture the imagination of investors and enthusiasts alike. As a pioneer in blockchain technology, Bitcoin represents more than just a digital currency – it embodies a transformative vision for the future of finance. Despite market fluctuations, Bitcoin's resilience and adaptability remain...
Of course not! Bitcoin looks like it wants to take a break, maybe re visit the 20/50 day moving averages the 0.5/0.618 Fibonacci level. I think this would be a healthy move for continuation to the upside and a good buying opportunity, specially to look for some good set ups in altcoins. What are your thoughts? Comment below👇🏼
Bitcoin, the flagship cryptocurrency, has emerged as a beacon of financial autonomy and empowerment in the digital age. Since its inception, Bitcoin has captivated the imagination of individuals worldwide, offering a decentralized alternative to traditional financial systems. Operating on a peer-to-peer network, Bitcoin enables secure and transparent transactions...
Bitcoin's recent surge in value has captivated investors worldwide, driving renewed interest and speculation in the cryptocurrency market.
Bullish divergence valid is on This is not an advice dyorr Enjoyyy
GM Bitstampers! In this week's post, we'll dive into a multidimensional approach to market analysis, focusing on tracking the movement of three sets of figures: price, volume, and open interest. Volume and open interest are commonly referred to as secondary or confirming indicators. TL;DR: - Volume and open interest (OI) are considered secondary (confirming)...
Morning folks, Despite how great Monday's setup was looking, BTC was not able to compete it. H&S has failed and BTC dropped almost to ~60K area. Still, the same context is still valid - BTC at daily oversold. But this time it is also at strong K-support area. Thus, our attempt for to take the long position continues. This time, pattern looks better, and...