I think recent volatility is a fake out and we will come down to either one or both support levels
only trading when inside the box, as the volume ranges are much lower inside the box meaning there should be less resistance and support once it trends a certain way.
In our latest analysis, we dive into Bitcoin (BTCUSD) on daily and weekly timeframes, highlighting key Fibonacci ratios, support and resistance levels, and bullish diamond formations. After rallying towards $67,000, Bitcoin is now retracing to $63,000 before we anticipate a bounce back up to $67,500 and $70,000 within 5-7 days. This comprehensive update...
A chart showing the larger cyclical macro trend of bitcoin.
Expired BTC.USD Weekly outlook. 3rd WK MAY 2024 > BULLISH 📈 CORRECT Closed Price: 60,797 Target Price: 61,831 | Strike Price: 66,558 MAY15 24' Upper Range: 67,738 Lower Range: 55,925
Inverse downward slopping H&S Breakout within a parallel Channel... This could be it
Bitcoin is expected to reach 70000$ , after a weak bearish move . Open a trade in the level marked in screenshot , wait for bullish indicators and patterns , move SL and take profit at 70000 $ . Regards from Agadir City ,Morocco .
I will be shorting BTC if the 4h fvg is filled at the blue horizontal level
-Bullish SMT -FVG -Inversions -Draw Higher For Targets
-Bullish SMT -Weekly FVG Rejection -Buyside Draw Higher -2D strong closure
Bullish twist and price above a green cloud on the 4hr. Inverted head and shoulders on the daily. New ATH in the next 5 weeks. Who's comping with me? Price target between $75,000 and $77,000. Easily up in the 80,000s in the next month or two. Target is just the first stop on the bull train.
I have previously published a more detailed analysis if why this Arc is Valid but for thepurpose of this post, Lets just say that a Valid Trend line is made of a minimum of 3 touches and we have that here. The chart above shows us slightly more detail. I have raised the Future arc ( orange) so we can see it clearly. It also shows us that we have a little...
I believe we should get a correction to balance fair price after the rally towards halving. Only then we have enough liquidity to push price higher towards a new ATH later this year until March 2025 before this bull run comes to an end.
Hundreds of firms disclosed investments in the spot Bitcoin ETFs With the first quarter earnings season coming to an end and the deadline for regulatory filings expiring, a slew of financial institutions have disclosed their equity and crypto holdings. Interest in the 11 exchange traded funds (ETFs) approved by the Securities and Exchange Commission (SEC) was...
Bitcoin tactical analysis explained W1 M1 chart cup and handle pattern #BTC#Bitcoin#crypto
Yesterday was a very bullish day for BTC. Price broke out of the Bull flag. We have mapped our upside target near $69k. Are you buying?
BTC have now pierced above the (green) 50 daily SMA line, as well as above the Bollinger band, after previously getting rejected 3 times. Note: Will need the current daily candle to close above the green 50 daily SMA line for confirmation. Inverse head and shoulder pattern breakout indicates momentum reversal. FG{50/15} histogram have now turned green, and...