Bitcoin is forming a double bottom and a falling wedge formation this could indicate an extremely bullish scenario where we see bitcoin fly past $73,000 Take caution when executing the trade as a Triple top formation can also lead to a bearish case leading us straight to $58,000 or $59,000 on the low end Bullish Case is 90% Scenario Bearish Case is at 10%...
$65000, $64500 next target in the downtrend, what you say guyss? The price of the BTC is in the downtrend after recent breakdown in the downtrend direction. Now, the price of the BTC may fall near 65000, 64500 the lower support levels. The Leading coin always has an important value in crypto trading, The price of the BTC watched around the world deeply. So,...
Its starting. My previous analysis were right. If you want to be profitable in this business, you need to do contrary to the 95% of traders. When everybody is bullish regarding Halving, Im bearish. Be smart. Think outside the box. Act like the 5%, not like the 95%. Buy with the rumor. Sell with the new.
I Stood against everyone, and I continue to Stand. Its your turn to be humble. This was never about who was right or wrong; it was about preparing for what is to come. Iam sorry for all those who were blinded by their egos, leading communities to buy at the top. #bitcoin #btc #crypto #risk It was clear that the risk was at highs.
Cycle sand indicators are still in bearish mode, with a dead cat bounce coming, but somehow there is more downside according to the charts.
➖ Bitcoin produced a new All-Time High followed by a rounded top pattern. ➖ Bitcoin is now moving within a lower high compared to the newly established ATH. Any trading below the ATH —such as is happening now— can be considered a SHORT opportunity. The stop-loss can be set above the ATH. Below the full numbers... _____ SHORT BTCUSDT Leverage: 8X Buy-in:...
🔮 Unveiling the hidden phases of BTC's rally. 📈 Charting the consolidation symphony with a symmetrical triangle. 🌈 Rainbow indicators forecast a spectrum of possibilities. 🚀 Ready for breakout or fakeout? Tighten your seatbelts! 🎶 Inspired by the classic vibes of Pink Floyd's masterpiece. 🛑 Risk management is our 'Comfortably Numb' zone. 🧐 Eyes peeled on the...
Bitcoin 1 DAY SHORT 🅾 BTC Futures x 50 Entry Point : USD 63450 Target : USD 51300 Stop Loss : USD 63850 Loss Brake: USD ??? Leverage is extremely risky and must be executed with money that we are willing to lose or hit the stop loss. Trading is the only profession in which the only person responsible for our actions is ourselves, our worst enemy is...
BINANCE:BTCUSDT 2 CME gap was formed at ~67677$ - 70789$ We hope that it will not be filled in the coming days 🙃 FYI: ±90% of CME gaps are filled sooner or later (it may be in a week, or maybe in a month). Keep this in mind.
It is possible that we are making a larger wolfewave , we are nearing point 4 that means a impulse wave up to supply zone need to happen.. that can take us to ATH near 80k and shortly after that dump to near 50k
Based on the current data I have in my mind, considering dxy, rate cut delay, market sentiment, over heated bitcoin valuation, etc. bitcoin is likely going to have a bigger correction on weekly timeframe (52k-55k) or monthly timeframe (42-48k)
Bitcoin is in an uptrend channel and looks to be in correction phase back to the lower channel and heading to a major support (demand) zone at area 52K, which will be confirmed with a daily break below 60K.
Hello Traders, Skyboxpips here! We posted an analysis for Bitcoin stating that it will most likely reject the 69k level.
Concerns about Bitcoin’s recent decline, driven by fear and a risk-off attitude due to Middle East tensions, have arisen. However, this appears to be a healthy correction within the ongoing uptrend, ahead of the upcoming halving. On a daily chart we are currently observing wave III after recent extension and there can be space for more upside, so after current...
I'm posting this chart to show the trend is broken.
Bitcoin may be in a 4-5 setup, with support between $53k and $57k, within the diagonal structure of a higher degree wave 5. This wave 5 is developing as an ending diagonal, potentially reaching a peak in the $100k region, which could lead to further upward movement for altcoins.
BTC halving hype bump and run from 72 to 52 looking something like this.
What are our thoughts on Bitcoin and the overall market/market sentiment? I have too many words right now for the markets. So many things converging as far as the dollar, rates, equities, and crypto. This chart is gorgeous and I love seeing the false breakdown over the Iran/Israel headlines. The bullish divergence on the RSI is also lovely. The SPY has finally...