The current optimal buying zone for Bitcoin against the US Dollar is at $66,140. This suggests that investors should consider entering the market at this price point. Additionally, three potential take-profit levels are identified: $67,890, $68,213, and $69,018. These levels indicate points at which traders may wish to consider selling their Bitcoin holdings to...
Hello there, BTCUSD drops for a potential bullish pullback; the 63263 area is a key reversal area for bulls, and the targets are 67863 and 70000 for a bias of 71415. Now, the 60000 is a strong support area, so if (Y) is broken, the bearish momentum would overcome the bulls and that will invalidate the setup. Happy Trading, K.
Using like RSI on a 4hr TF. This has confirmed a reversal. A reversal, a few hours prior to halving.
I went long here at this retest of the 62k area, after last candle broke the chanel My target is around 68K on this bad boy
Bitcoin fell close to 10% in a single hour yesterday on the news there were drones in the air heading from Iran to Israel. I'm a trader and I'm not going to play Middle East expert on the internet, but there is one observation I'd like to make. That is ... this should have been great for the Bitcoin narrative. In what type of situation would people most...
Over the previous month I've spoken a lot about the risk of a failed breakout of the high. We're now very close to where I think we'd have the first big obvious tells that is happening. If there's a false breakout of the high, there'll be a rug pull. This is something I've said over and over again. Rug pulls usually come with bad news, so it's particularly...
#BTCUSDT.. guys no doubt BTC is very volatile now a days, But 64800 to 65000 below it's looking very vulnerable, I think if there is any kind of buying volume then it should trade above at least above 64800 or 64K But he is still trade under that level, So if market hold that area then you should mentally prepared for a drop from here, Only selling will be invalid...
8hr Bearish Continuation is in full effect! _SnipeGoat_ _TheeCandleReadingGURU_ #Like #Share #Subscribe #PriceAction #MarketStructure #TechnicalAnalysis #Bearish #Bullish #Bitcoin #Crypto #BTCUSD #Forex #DayTrader #SwingTrader #PositionalTrader
I think we will be pretty chill now for at least the next 6 months, based of the precedent moves in 2020 & 2016 took some profits (again) and will refill for each fib time for some sun and vacations now here in northern hemisphere ;)
BTC might drop into that fvg then buy somemore from there. so we expect btc to reprice lower for the following weeks while mitigating that buyside imbalance afterwards we will be expecting it to reprice higher making new highs
No brainer, 4 HR trends in the same pattern as 1 DAY. 4hr will reach target $71k because 1DAY has also confirmed it through price action just like 4 HR TF.
just learnt about fractals bullish momentum for BTC is still very strong as shown by 200 EMA just a slight correction trying to predict how much longer this correction will be. difficult to see what happens next as market is shaky. based on analysis bullish momentum can return as early as next week but as late as end of May
I think that Bitcoin is stabilizing its price and from here, a great buy stop loss can prepare for its main movement, unless something extraordinary happens globally. I am optimistic about my targets for Bitcoin in the long term. 79000/60000/120000/149000/105000/16000/and then falling until the next halving
The cryptocurrency market has been experiencing an increase in Bitcoin price, with the digital asset nearing the $65,000 mark. Recent statements have eased geopolitical risks slightly, while concerns about new conflicts opening in the Middle East are diminishing. The spot Bitcoin ETF channel is also seeing a revival in trading volume, indicating increased...
Overall, Bitcoin (BTC) is still maintaining an upward trend. However, there are signs indicating that a correction is taking place. Looking at the chart, BTC is undergoing a correction process and showing signs of recovering from the downward phase. It is expected that the price may decline towards the vicinity of the 20-period Simple Moving Average (SMA), close...
Well this is interesting, seems like we may get some exciting news narrative to push us to the upside. This is super exciting considering this is where altcoin season is expected to happen. #utility
Potential breakouts with retests near 70,000 or all time highs. A falling wedge is a bullish chart pattern that suggest an uptrend outside of the channel. Wedge heights should be drawn from local highs within the wedge to the low points observed prior to breakouts, and used to estimate short term sell points and take profit zones / potential points of resistance....
My previous posts were just how I was bullish and would buy in the range selected. However I now believe the worst is behind us, we we are likely to grind up to all time highs. I also believe we have recently bottomed. Perp spot delta is back to negative levels. This is extremely uncommon in a bull market. There is significant spot interest as prices approach...