BITCOIN: Hong Kong's Entry into the Cryptocurrency Arena
In the ever-changing landscape of cryptocurrencies, Bitcoin (BTC) has recently been treading water, leaving investors with an air of uncertainty about its future path. This comprehensive report delves into the current dynamics shaping cryptocurrency prices, potential catalysts steering future valuations,...
Bullish correction with a ABC flat complete, now a wave 5 rally is incoming,
$50K is expected as resistance, off which we might break above the price and continue rallying.
Underneath Bollinger Band moving up to cause a DANGER FALL. Again, please view two blue arrows.
My CORRELATION still reads a FALL IN PROGRESS. Long term traders are safe. Smart money technology included.
BTC will recover from the fall. As BTC begins to fall, those set prices are possibilities. I’m leaning more in the $45k to GETTEX:46K zone after the fall,...
Bitcoing Support and Resistance levels
If same pattern follows another 5 k to 6k upsdie is possiblel,last time november to december consolidated breakout rallied now it is forming same pattern consolidating since trend is bullish anticipating a 5k to 6k upside from current levels.Only if 41500 area voilates it may further go down but that has to seen with price...
BTCUSD ANALYSIS
🐄: Bitcoin is at a critical level ($47158), this is a key level in a sense that price has made decisions on this level in the past. A monthly closure above this level could see price going to the highs at $58000 and possible the ATH at $68000.
🐻: (as above, so below as you know) A monthly closure below the $47158 could see price dropping to the...
Hi there,
BTCUSD is in a downtrend from the 33K high and has remained below significant resistance at 42610. There needs to be a break of the low at 41847 for a bearish continuation.
The engulfing candle at 40021 is the first target for a potential bias of 38000 due to a possible bearish pull in the 41500-4100 area.
Happy Trading,
K.
Weekly candle that expresses volatility and directionality, the perfect mix for a strong and constant trend. The rise is evident to everyone now, a break of the highs at 49k usd would lead to the test of the highest resistances such as 58k usd for example. This scenario would put an end to the intermediate-term correction and with a resumption of the bullish...
During the previous week there has been a final break of the $43K level, where the coin spent several last week’s, testing it. A large portion of new funds came through demand from exchange traded funds. As analysts are reporting, these accounted for more than $400 million. Also, as fundamental data for the US economy are showing promising results of a potential...
Bitcoin is showing some weakness at the beginning of the week after reaching that GETTEX:48K zone, which was considered the last resistance zone to hold the price down.
As we see some weakness kicking in after that magnificent push we had since $40K, we are looking for a potential correctional movement and even touch to $40K (which is at 100EMA) as a...
Cryptocurrencies rose sharply on Friday and over the weekend, with the price of Bitcoin surging close to its cycle high reached mid-January. This in turn triggered a massive wave of liquidations, wiping out millions of dollars.
The price of Bitcoin was up 0.3 percent at 48,300 dollars over the past 24 hours, compared to 46,300 dollars on Friday.
A bullish sun...
#BTCUSDT. well guys market very well holding his bottom and bounced back as you can see.
we had a area around 45k but market didnot hold it and streight moving to his resistance area that is now 48k around.
well accoring to channels market at his resistance area if market hold it then you can see again drop from here otherwise not.
keep close it and manage your...
Morning folks,
So, 47.2K target is also completed. The next one is 50.50-52K, which is a big monthly cluster, including upside weekly XOP target, our XOP here, from reverse H&S target that we're trading now (it stands around 50.50K), Yearly Pivot Resistance 1.
But for now it seems market needs some tactical pause. Now major 5/8 monthly Fib resistance is hit,...
