I have shared this correction about CRYPTOCAP:BTC few days ago. follow the Macro chart and understand the price movement pattern.. I am expecting the correction to go in elliot 3 wave ABC corrective pattern before continuing upwards to the most Resistance at 48k
Are we seeing a big correction coming into BTC? I am looking at the bullrun that happend in 2017/2018, the big correction that happend after the ATH. Drawn the FIB the same way. Possible huge correction and THEN bulls come back? What do you think?
If we get a consolidation in triangle pattern like this then we get Two scenarios A. Bullish move towards $50k B. Bearish move towards $38k zone Leaning towards bearish scenario with tiny invalidation of $43.6k
This is my forecast of the path that BTC will take to reach its new all time high of 138k USD on 18 May 2025!
Hello Traders! This is my perspective for BTCUSD H4. I see two key levels that most probably will be reached. The first one is Liquidity at the price of 39300. The second one is the resistance level from 38500, from this price I will look for a Long trade in case of confirmation.✅ Traders, if you liked my idea or if you have a different vision related to this...
BTC may fall to $37900 or so in while. trade cautiously
The golden pocket zone seems around the $48-50k area but with stop hunts and liquidations cascade we might get up to FWB:52K area
Check out my post from 18 hours ago. In it I show that the $40K level is an important support! Let's see if the price returns from this point
#btcusdt price now testing the horizontal support. This is very critical. Breaking low will take price to 38 - 39K region. Breaking up will carry to 48K. NOT FINANCIAL ADVICE.
As the BTC bears push the market to the downside, the possibility of a possible retracement to the 41.6k-41.8k price regions. This pullback is ensured to begin the second wave of the Luftwaffe, Let's see how this market plays out this time period. Please tell me your thoughts o the comment section. P:S LWC - Luftwing Candle 1WL - 1st wave Luftwaffe 2WL -...
Hello Traders ! On The Daily Time Frame, The BTCUSD Reached a Resistance Level. The Price Formed a Double TOP Pattern. Currently, -The Neckline is Broken. So I Expect a Bearish Move 📉 i'm Waiting for Retest... ----------- TARGET: 38650.00🎯
Morning folks, So, BTC has failed immediate upside breakout, although it really has tried... Now it seems that market is not too happy with recent Fed decision and has not joined to common euphoria. This is understandable, because number of BTC rivals now are increasing. Still, we suggest that bullish context is not totally destroyed yet and mostly depends on...
BTCUSD making Bearish Trend will this continue? Entry, Stop Loss & Take Profit are mentioned.
Bitcoin is showing some weakness at the start of the day, with the price heading back towards the $40K zone. As our major target are those lower zones (in order to grab all the liquidity there), we are also looking at a potential re-test to the $45,000 zone before that final major drop! Eyes open for sure and not rushing much into "FOMO" mode of missing that...
Although investor’s sentiment since the start of December was strongly optimistic, the time of short term relaxation came during the previous week. The investors' optimism was a bit spoiled by the news that SEC responded to the Coinbase petition from the year 2022 asking for a new regulation which would specifically cover crypto assets. SEC`s answer was clearly...
As We Talked in The Previous Analysis: On The Daily Time Frame, The BTCUSD Reached a Resistance Level. The Price Formed a Double TOP Pattern. -The Neckline is Broken. Currently: The Price Pull Back to The Neckline. and Now it Will Continue its Bearish Movement 📉 TARGET: 38650.00🎯
BTC/USD is trading close to a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 40,648.59 Why we like it: There is a pullback support that aligns with the 23.6% Fibonacci retracement level Stop Loss: 38,332.01 Why we like it: There is an overlap support level Take Profit: 44,745.45 Why we like it: There...
Bitcoin has support around 37,000 Mark just above the trend line acting as support and will be looking to bounce of those levels towards the higher resistance around 48k/50k mark. A possibility of going directly towards 48k seems less likely as the recent pump is fading away. New buyers would be looking to enter the space as it moves towards support area.