On the daily we have a triangle pattern after a double bottom. Currently expecting a bullish breakout, will have to monitor candlestick body at the close of the session to see if we have strong bullish momentum. False breakouts are a reality and as traders we have to trade accordingly.
Now, you may be wondering… why go through all the trouble of figuring out if...
Price action Support and Resistance Speedlines are highly effective when draw correctly. You can see from the chart how the price keep obeying the speedline, and how candlestick reversal bouncing from a line gives a reliable signal, and how candlestick momentum increase before line break give a signal that the line breakout might happen. Add to the setup Fibonacci...
I had it wrong in my previous post but still right lol. This is wave 3 of Elliot wave theory which is really holding up, support is now 69k. Price broke above resistance creating support at 69k. From here BTC should go to 100k easy. A nice pullback from there is going to be epic. Wave 4 is going to be crazy, the whole world is going to buy bitcoin be ready.
Hi folks, as you can observe on the chart , BTC hase made a significant upward move, surpassing the monthly timeframe and closing above it . This is a positive indication for long term holders like myself.Based on this development, I suggest considering 80k as the first target for BTC.
THE Hottest market right now looking for a possible short opportunity in this bullish market check out the set up analysis provided by order block and time zones, and far value gap.
I can't wait to see how this market plays out to its HH levels
#Bitcoin
|In the dynamic realm of cryptocurrency markets, Bitcoin grapples with challenges posed by dynamic resistance and the formidable 1.272 Fibonacci level.
As it ascends within an uptrend channel, breaking the significant $70,000 resistance, attention turns to the next milestones at $73,000 and $75,000 according to Fibonacci projections.
The clash between...
Greetings!
This is my long-term analysis of bitcoin based on the logarithmic chart.
I notice that there are price patterns that are repeating.
1.March 2013- September 2013
1.January 2015-September 2015.
2. November 2013-August 2015.
2. January 2021-August 2023.
3. April 2020-November 2020.
3. January 2023-August 2023.
I bet bitcoin would do the same pattern...
Bitcoin ( CRYPTOCAP:BTC ), the flagship cryptocurrency, continues its meteoric rise, reaching a new all-time high of over $72,000, fueling market excitement and institutional confidence. The latest surge comes on the heels of a staggering $2.6 billion weekly inflow into Bitcoin ( CRYPTOCAP:BTC ), reflecting growing interest from Wall Street and bolstering optimism...
✅BITCOIN Is trading In a strong
Uptrend and the coin broke the
All-time-high level of 69k
And went further up so we
Are bullish biased and
We will be expecting a
Further move up
LONG🚀
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Demonstrating unparalleled foresight, our recent analysis leveraged Gann indicators and MTOPS trading strategies to predict Bitcoin's market movements with remarkable accuracy a week in advance. This precision underscores the effectiveness of our approach in navigating the volatile crypto landscape. Stay ahead of market trends and join the waiting list for the...
Bitcoin (BTCUSD) broke the $70000 psychological barrier today, smashing yet again a benchmark level during this Bull Cycle and on a momentum basis, it does not give any signs of stopping. However based on the 2020 post-COVID crash fractal, which started after the 1D MA50 (blue trend-line) crossed above the 1W MA50 (red trend-line), and that BTC has been following...
When price consolidates or moves up, and the MVRV declines, price will continue to rally. If price is declining and MVRV declines, price may continue to decline. Currently, price is consolidating upwards, so we will continue to pump hard.
Bitcoin
Comparing the BTC departure of the negative MVRV Z-Score zone...
Parabolic run loading 🔵👀🚀
Stay tuned for updates dear Crypto Nation😎
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
Keeping things simple as we can see BTC is on track to test FWB:77K on a conservative move, I want to see it brake this level and test FWB:83K this week. Brace yourselves and keep holding them bags of ALTS!
What a great run it's been. We're In the second quarter of 2024 and Bitcoin has put in all time highs. BTC really needs to cool off and find some support here. The short trade just seems like the lowest risk with the current setup.
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