Update to my ongoing analysis of this bull run. Correction proceeding exactly per plans. We are nearing some key levels to watch. The bottom should be pretty close to here. $ 56,265 - 56,799 is the minimum expected. $ 52,838 - 53,659 is best Guess and Ideal target. $ 48,090 - 48,750 is the Overshoot (backboard). . Previous plots and logic that lead us here...
Bitcoin (BTCUSD) has successfully tested and held the Mayer Multiple (MM) Mean (red trend-line) and is now consolidating. As you can see by the green arrows, this is the point where historically the most aggressive part of the Bull Cycle begins, as even in the occasions where the MM Mean broke marginally (July 2013), the rebound that followed was even more...
Blue wave dips, splashes the trend upwards as it rubs against my moving average to confirm a BULL RUN. Double top & bottom Creating this idea knowing BITCOIN is in the negatives because I know what’s coming.
In a bustling town nestled by the sea, there was a young trader named Kira. Her dream was to navigate the vast and unpredictable market waters, much like a seasoned fisherman seeking the best catch. Her mentor, an old trader named Captain Renzo, often spoke of the market as a treacherous sea full of challenges and opportunities. "Ahoy, Kira!" Captain Renzo would...
Bitcoin’s (BTC) recent price consolidation could be nearing its end as technical indicators and on-chain metrics suggest a potential upward breakout. However, this move would not be straightforward and could punish impatient investors. : Low and High figures are for the trading day. Bitcoin (BTC) is recognised as the world's first truly digitalised digital...
Time to buy. +16% coming. With the FED this afternoon and do to the liquidation of bitcoins, and also the area, very good support. Let´s see. blessings.
Trend-line guidance with volume candles moving up to $80k. EQUAL LOWS on a 9 DAY TIME FRAME means ROCKET LAUNCH
It has been about a week since Bitcoin’s fourth halving. Yet, despite investors’ bullish expectations of what would have come, Bitcoin has not really gone anywhere. Instead, it continues to trade choppily within the recently formed downward-sloping channel, and its technicals on the daily graph, including RSI, MACD, and Stochastic, show bearish signs; this also...
#Bitcoin is trading at a decisive point. If this support level breaks, we could drop all the way down to $52k. The trend has shifted bearish, but don't forget that Bitcoin is known for making deviations. Historically, May tends to be a negative month for BTC in terms of returns, and we're already seeing the effects within the first two days. Let's see how this...
Hello, friends! Today, I wanna share with You my short-term analysis of Bitcoin.👇 Note that the price has broken through the purple 🟣 and the orange 🟠triangle. Currently, the price is attempting to test the resistance level 60 000 (the lower triangle line) and it's likely that we'll see a price decrease to the levels of 56,000. If we fail to establish...
BTCUSD Trading Strategy: BTCUSD risks are still tilted to the downside. A Descending Price Channel started to appear on D1, which usually determines our short-term outlook. It seems advisable for investors to consider strategies of selling for profits rather than buying at this time, until the designated support level is reached. From the D1 chart, BTCUSD is...
Spoiler : its gratitude I've gone through many emotions whilst keeping this position open, especially when seeing the PnL shrink I lost sleep, exhausted my brain and felt many repetitions of the feeling vertigo I had to get my mind right, so I took my problem to the forest and ask the divine intelligence Gods to guide me They taught me that the best way to...
Hello, dear friends! I think many of us were cheered up by a little Bitcoin pump. In fact, nothing unusual, it's seen within the framework of a descending trend. It's very important to monitor the price behavior, which may approach 63,000. I see several possible scenarios: 📌Scenario 1: The price will rise to 63,000+ and test the descending trendline, then go...
MACD bearish divergence, RSI bearish divergence, Willaims%R double top similar to last cycle. I will save the lecture on sentiment, by simply pointing out a few altcoins. CUMROCKET, PEPE, DOGWIFHAT. Top is likely in, and being that it barely broke all time highs of the prior cycle i will suggest there is literally no reason to buy bitcoin again for "another...
Hello Traders and Investors, today I will take a look at Bitcoin. -------- Explanation of my video analysis: More than 4 years ago Bitcoin created a nice bullish ascending triangle formation and broke out above the resistance. This breakout was followed by a +270% move towards the upside. Currently Bitcoin is once again creating a similar ascending triangle...
No pullbacks can occur, it must be a sustained pump to 100k. If the majority believe its hitting 100k then it 100% has to because thats how I "feel". Just look at past charts bro, what goes up goes up forever. Theres infinite fiat so bitcoin has to have a infinite price point.
BITSTAMP:BTCUSD Bitcoin price continues to consolidate just above the $63,500 threshold. A look at the volume profile shows that at the current price, both bullish and bearish activity are not as pronounced or spiking. This is relative to the areas above and below, meaning not many bulls or bears are buying or selling at current price levels.
Bitcoin is an invention designed to grow forever as long as we live. If you see the same vision, don't forget to support the analysis. I'm releasing UPDATE2 earlier than planned because today the channel reached *666* followers. The analysis is set for long-term updating. It doesn't matter if the price is 70k or 50k as long as you see the big picture. The world...