BTC has now started respecting bearish FVGs on the 4h time frame. As such, the next major buy for BTC reversals should be somewhere under 60k for the time being. Happy trading!
Stay updated on our bearish outlook for Bitcoin (BTCUSD) as we anticipate a descent to $51k before any rally above $77k. Explore our analysis of key support and resistance levels, providing insights into potential price movements in the coming weeks.
Last time when I posted "38k is the bottom and you missed it" people called me insane and a moonboi. It seems that a lot of you still have PTSD from the previous bear market. This makes sense but we are no longer in a bear market and you need to get that ideology out of your head or you won't make any money. The bull market started the first moment that BTC passed...
The Bitcoin hit the all-time high, immediately correcting as it did so. There was a flash crash which, in the dollar pair, led to a retracement of ~14%. However, the price found strong support at an daily imbalance with confluence at the 0.5 retracement level, and ended the day closing with a "mere" drop of ~6.66%. This was on the daily time frame. The price...
Btcusd can start Corrective process 64000 is important if break 64000, it can continue to 59000
BTC price hits new all-time high; surpassing silver’s market cap: Bitcoin (BTC) captured new all-time highs hitting $73.6K this week, making it the eighth largest asset by market capitalization globally. On March 12, spot BTC exchange-traded funds (ETFs) saw a record SEED_TVCODER77_ETHBTCDATA:1B of net inflows; with Blackrock’s IBIT taking in $849Mof...
If I will see something like this on weekly timeframe I will be opening big Short. But at the moment Market still bullish.
This chart shows my conservative projection on Bitcoin for the next 12-18 months. Historically BTC at least doubles in price once crossing previous ATH. With the inflow of institutional money I do expect that we can see expansion comparable to XAU after its first ETF in 2004.
hopium for the bytecorn, long time horizon uptrends but who the hell knows
Previous weekly candle closed within this resistance. Current weekly candle could just be a fakeout before moving lower. See where this week closes along with the monthly candle
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...
Hello Everyone, BTCUSD has surged to a new peak at 73819.55, fueling optimism for further upward momentum in the market. The current trend remains decidedly bullish, with indications pointing towards its persistence. While recent retracements have found support at weekly levels and are now retracing towards daily support, there is a strong indication of a bullish...
A clear cup and handle formation has formed on the 5-year weekly chart. This is the mother of all cup and handle formations. BTC to the moon!
As we monitor potential Btc distro, the cloud will likely give us key indications of what's to come. Be ready for anything!
Correction in progress, macd reporting a new cycle but we knew this well. Now the thing to do is to wait and understand how long this correction will last, because there are still many buyers. The indicator here is drawing a high and agrees with the price, a signal that the bullish trend is very strong, this is in addition to the other bullish signals we have on...
I believe the bull market will continue. A slight correlation is always healthy. If the price of Bitcoin drops below 50k, it signifies the end of the bull run. New investors are entering the market.
Hello, dear friends! 🫶I'm so pleased to welcome You on my page! Bitcoin is currently undergoing a correction, so let's consider the options for how things will develop further!🧐 On the chart, You can see an upward channel - white color 🤍, the price exited it touching the level of $65,500 and then returned to the channel. This could mean two scenarios: 1️⃣...