This time is different. No. It's not! As simple as that.
Bitcoin came within a hair’s breadth of a fresh all time high something that unthinkable a few months (weeks?) ago. Absolutely astounding price action. When you zoom out to the monthly chart, it looks even more insane, like a v shaped correction. There will be bumps in the road, it could take a while to hit a new all time high or it could happen today. I have...
A potential for starting next fractal which would be a wave 3 of 3. It is more often than not a very strong move in this part of the Elliott wave structure. The equality level points close to 36300 while the larger 3=1 is around 49000.
With the rise of cryptocurrency exchange-traded funds (ETFs), investing in Bitcoin has become more accessible. Despite lingering reservations due to historical volatility, Bitcoin offers compelling reasons for investment. This article explores Bitcoin's remarkable performance, its potential as a hedge against inflation, and its similarities to gold, presenting a...
On crude oil, it's nice to see a strong buying reaction at the price of 63780. There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again. The strong S/R zone...
Testing ATH of BTC, if broken completely this week looking for 80K to test the waters. This is a personal analysis. Not a Financial Advice.
Expired BTC.USD Weekly outlook. 1st WK MAR 2024 > BULLISH 📈 CORRECT Closed Price: 61,238 Target Price: 64,537 | Strike Price: 68,770 MAR4 24' Upper Range: 67,687 Lower Range: 61,388
Hello There! The daily candle is bullish to the previous close of the candle, and it's a higher low than its third, which is the March 1st '24 candle, indicating a bullish sign. And the 1-hour candle is bullish to the close of the 4-hour candle, with a potential dip. The bull momentum is anticipated for a full day's range, approximately 14 hours to this time,...
BTCUSD - Buy view Trade Reason : HTF - 1 hr LTF - 15 min Market 1 hr uptrend and 0.618 Correction completed . wait for Trend reversel and Wedge Pattern Breakout . Entry - Candle close above Black line - 62197 Target - 63000 Sl - 61445 Thank you . wait and watch .
Here is our detailed technical review for BITCOIN. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 63698. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 65215 level. P.S We determine...
BTCUSD not fully committed to the go down south yet. Since Higher Timeframe structure is still intact, we could still capitalize on its initial Bullish with a Caveat in mind that any moment it could go down as quickly as possible as soon as it gets its liquidity above 69k level.
BTC and ETH continue to perform strongly, with BTC coming close to reaching ATH last week. However, most tokens on the market continue to fluctuate, and only meme coins follow the pace of BTC. We noticed that during last week's rise, although BTC and ETH both experienced significant increases, tokens with derivative properties of BTC and ETH, such as ORDI, RATS,...
Bitcoin extended its rise above $64,000 overnight. Since our previous update, there has not been much change to the number of Bitcoin addresses with balances exceeding 1,000 BTC. However, the addresses with balances exceeding 100 BTC continue to gain growing momentum. On the technical side, daily, weekly, and monthly time frames remain bullish, with multiple...
Bitcoin (BTC) has recently encountered a crucial resistance level at its previous all-time highs. Given this development, we anticipate a substantial retracement in price. However, our outlook remains optimistic, with the potential for a continuation towards the $80,000.0 mark. Our trading strategy involves closely monitoring the 1-week timeframe. Specifically,...
BTC is in a senstive level and its so dificult to say the Rally is end but its possible thoery for this currency FOLLOW AND SUPPORT FOR MORE!
Here an example of my approach to use the Boom XL and PA. I place square boxes on the 4H body candles. Boom Hunter XL will confirm the BO Set a alarm on the 4H and wait for the PB. Then go to the 1H / 30M and 15M chart to wait for the PB and confirmation on the Boom XL Also the Parralel channels will tell you where to go... Enjoy your Profits. indicator:
BTC is perfectly set up for a pull back on the weekly for the next month or two. Wouldn't be surprised if we see 50k or sub 50k to shake out the leveraged longs and scare the weak hands. It would be inline with the cycle and it would give alts some room to run against BTC. People just classically fomoed in to BTC after a huge run up.
Today's analysis highlights a pivotal turning point in the Bitcoin market, confirming our accurate forecast. Utilizing Gann principles and the MTOPS trading strategy, we've identified signs of market restructuring, preparing for a transition towards the upcoming low in the cycle. This strategic insight offers traders a unique opportunity to position themselves...