It seems that Bitcoin (BTC) is possibly forming a cup-and-handle pattern on its weekly charts.
some heavy vol. flow might bring us a nice weekend pump. 71K next resistance target.
As I said before, I believe we're in an exciting time. We're seeing our first sign of early growth following post halving. BTC has broken the 1HR Trend Resistance and it may soon retest it as support. If it does test and hold we can be poised for a continued run to the upside. It's already broken a Key Weekly Level on Friday and it's possible that it could surpass...
It's a false breakout ⚠️ Do not get fooled #BTC will indeed find a buttom in May at around 50-52k, a little bit more patience is needed here.
BITSTAMP:BTCUSD Bearish Parallel Down Trend, We are Bullish in bitcoin sector, waiting for a buy alert before going long. I personally do not short bitcoin, but for those who are in the business of shorting, a large green dot will be a buy alert.
the setup is there, and looks great. goodluck yall, be careful at that range!
BTC broke out of downtrend! We're looking to trader higher from here.
The current price of BTCUSD is encountering resistance at the H6 supply area and facing rejection from this zone. Additionally, it coincides with the Fibonacci 0.50% level, which is a critical area for potential trend reversal. Above this, the Fibonacci 0.61% level is around 66000-67000, which also poses resistance. These two areas could potentially push the price...
#BTC Big Picture Update It was expecting around 74250k but the High was at 73k Area Now what happens next? I would say after this whole pump BTC should make a nice ABC correction and should this drop (which we saw on 01.05.2024) be our WAVE (A), we still have wave B and C ahead of us, where the B ending between 66k and 68k, and after the Resistance is...
I would normally want to see a deeper, full correction come in here (highlighted in yellow pen) but this is technically a completed ABC correction, with this last move down completing clear sub-waves. Being able to have confidence in a larger target is nice and i prefer waves for this, however dropping lower in timeframes/fractals i do prefer other techniques for...
Bitcoin is oversold on time-frames below 6W and overbought on 1D. This means the current move up is a minor reaction on Intermediate correction. I think the price will spike the ATH once again, but the probability price go significantly higher ATH is lower than vice-versa. Maybe around 85k. The price action usually is moving in a channel boundaries. You can see...
Hand painted acrylic on canvas featuring bitcoin ready to sail in open seas. Mate!?
Here, I am sharing the BTC - BITCOIN NEXT EXPECTED MOVEMENT ACCORDING TO VSA. Do your own analysis before doing trade on your real account. This is only for educational purpose.
BTC - BITCOIN Price Prediction and Market Structure.
-Bitcoin traded into discount -created SMT with ETH on weekly candles -Created a 1H inversion FVG -CLEAR draw on liquidity higher -Overall Uptrend -NQ market bullish as well
BTC, as the primary crypto asset, typically continues to rise even after reaching its ATH, outperforming other assets as the first to fully recover from its bear market sell-off. However, once it surpasses its previous ATH, BTC may still ascend but begins to underperform as other cryptos catch up. If this trend holds true, we can expect a strong run from major...
We have an overwhelming amount of sellers who are possibly big bitcoin holders. We bounced off a main level, and it looks like there may be one last push from some buyers. I'm predicting a crash or a range for some time.
A continuation to my last idea: The diverging volume delta shows the selling-side domination going down. You can see I use my Diverging Volume Delta Strategy, like in my previous chart: This is a short 4H-Chart analysis that indicates we might see a rise back to 60K or higher. Disclaimer The information and publications are not meant to be, and do not...