BITSTAMP:BTCUSD BTCUSD (Bitcoin) Has made plenty of waves toward the tail end of the year in 2023 -- kicking off 2024 with some serious fireworks in both directions. However, as we approach looming resistance coming into the Bitcoin Spot ETF decision (anytime now), the question is whether or not we are truly in a Bull Market as many traders would like to...
This isn't exactly a new idea, but an updated visualisation of what I think the bitcoin price will do in the next three years. It's been over a year since the peak at $69,000 and we're at the bottom of the power law corridor. It's reasonable to think that the bottom is in, or that we are close to the bottom, but that doesn't mean we are going straight to the moon...
We can see strong impuls and correction by fib almost 0.5 after I will be wait next impuls. And we can see with correction was closed imballance.
🔓 Key Breakthrough: Bitcoin has successfully breached the challenging $44,700 region, a level persisting since December 5th. 🎯 Next Resistance Levels: Immediate focus on the $48,000 resistance. If bullish momentum persists, watch for resistance in the $50,000 - $52,000 range. 🚨 Caution Advisory: Caution is urged this week, anticipating high market...
I sense a big cup and handle forming so I'd like to point it out early. The depth of the cup would put the price action at the 2.618 extension. This would also align with and be a third touch in a rising non horizontal resistance. I see a lot of similarities with the 2017 top and the breakdown that followed. SMA 50 crossed the SMA 100 at almost an identical...
BTC RSI indicator shows BTC is over bought on the weekly. that happens usually when price of BTC is already reached the top. expect sharp declining in the coming weeks.
A bullish sun 🌞 radiates over the global crypto market in the next 24 hours, signaling an optimistic trend before the SEC's awaited decision on spot Bitcoin ETFs. Bitcoin basks in the sunny forecast, ATTMO reveals. ☀️ Over a one-week horizon, the bullish sun continues to shine over Bitcoin and the global crypto sphere. However, some bearish clouds ☁️ will sweep...
In the short history of bitcoin, its price usually pumped two times before the halving. I think many people currently focus too much on 2019/2020, which could be recency bias. I see 2020 as an outlier where the second pre halving pump was interrupted by a black swan event. See yourself how bitcoin first rallys from the bear market lows and then has another leg...
Bitcoin is now in the middle of the range given by 45.7k-47.2k. Wait for one of the 2 levels to be taken before taking action.
BTCUSD Weekly chart - the price has reached a very important resistance range that has been formed from past low points and consolidation areas ( you can observe them better on a Daily chart ). This current resistance range stratches from around 46000 to about 53000. The development in this region is very important as it is the last major resistance before the...
It was noticed that the closing price of Bitcoin yesterday was above the significant resistance level of $45,000, which has been a key obstacle for several weeks. This indicates that buyers are eager to push Bitcoin to a new all-time high. Additionally, the US Dollar has displayed some weakness today, providing additional momentum to Bitcoin's bullish trend. The...
Here is our detailed technical review for BITCOIN. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 46888. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 48988 level. P.S We determine...
In today's discussion, we'll explore the potential movement of #bitcoin. Our chart analysis reveals Bitcoin's upward progression in a series of five waves. The projected next price for Bitcoin is $54,000. As always, remember to apply your own market knowledge when making investment decisions.
This chart to note about BTC Halving 09-Jul-2016 -> 11-May-2020.
BTC has a tendency to make good patterns in-between the trends which can be seen once again. It gave a bullish breakout from the consolidation zone and is probably making a bullish flag pattern breakout of which would it to new highs as shown
Short position If the price is above the stop, do not enter. If the price drops and reaches the entry point, enter. By complying with risk management.