Bitcoin formed an ascending triangle formation on a 4h time frame.
We see a confirmed violation of its neckline.
It is a strong bullish trend-following signal.
We may expect a bullish continuation to 74000 now.
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In the dynamic world of digital currencies, Bitcoin remains a focal point of interest and speculation. Recent shifts in the Bitcoin market have sparked discussions and analysis among investors, who closely monitor market indicators and regulatory developments for insights into its trajectory. Despite challenges such as regulatory scrutiny and market volatility,...
I think we will see new ATH soon, this chart on the smaller time frame is still hitting the same target as my last on the higher time frames. Yet another bull flag. Not financial advice, DYOR.
5 hours ago
This Is An Educational + Analytic Content That Will show entry ideas for trades.
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For educational Purpose to Traders To Make Independent Investments...
Bitcoin in accumulation phase since last channel cross⭐️🚨🚨🚨
We stay in this phase until BTC closes above the channel and the pre-bull run begins
Like & Follow if you are accumulating dear Crypto Nation🤗
Let me know your thoughts in the comments🤗
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for...
Personal idea: As My previous post Bitcoin just recording newATH and so on, my conclusion is current market sentiment. Currently based on the Bitcoin moving in my opinion isn't any signs of stopping. Good 🙂 luck 👍
There was another milestone reached for BTC during the previous week. The coin managed to reach its new all time highest value, by touching the level of $70K. The coin reverted a bit after this move, however, it is still ending the week at relatively higher levels, above $68K. Current question is whether BTC might go even higher from its historical levels?...
The bollinger band for BTC monthly seems to dip down hard every 20 something candles on the monthly, coinciding with a dip in the price. If this pattern continues, we should see a small dip on the monthly chart. The bollinger band is already pointing downwards and Is approaching the area where this dip will occur.
Considering that the price has reached an important resistance range, the behavior of the price in this range is more important.
If the price crosses the resistance range and stabilizes, the upward trend is likely to continue. Otherwise, after some fluctuation, a change of trend will be formed and a downward trend will be formed
Based on technical analysis and the application of Fibonacci slope/angle techniques, Bitcoin appears to have reached a temporary peak at $70,000. The Fibonacci sequence, a set of numbers where each number is the sum of the two preceding ones, is often applied in trading to identify potential support and resistance levels, as well as trend reversals. When...
Vertical blue lines represent the halvings.
Take a look at the RSI values from the past halvings periods and compare it to the upcoming halving.
We are already in the highly overbought area with the extreme greed index (82) and the ATH.
My opinion is the price must go down in order for the rise to be sustainable so I expect a significant pullback... although with...
Bitcoin (BTC/USD) is rising towards a potential breakout level and could make a bullish continuation towards our take-profit target.
Entry: 69,962.27
Why we like it:
There is a potential breakout level (wait for 1-hour candle to close above 69,962.27 for a breakout confirmation)
Stop Loss: 62,961.89
Why we like it:
There is an overlap support that aligns with...
Bitcoin decline below yellow resistance SCD BAND on 2hr and testing it from below and voss indicator falling.
On 10 minutes oscillator moves to overbought zone.
On 1 min short signal produced.
Sell 68450
With tp 68180 and 67800
If price will move higher to around 68900 I will look to add to short as long as price stays below
69100
The Bitcoin price (BTC/USD) has experienced a price decline in recent days, currently trading around $61,000.
Some analysts interpret this as a potential bear trap, a scenario where the price falls to entice retail investors to sell at a loss, followed by a reversal and price increase.
These analysts cite increased institutional buying activity coinciding with...
