Bitcoin has returned to its original bottom channel when market access was ambient at best, and hodlers didn’t really care or know much about what the future would hold. For hodlers, only time could tell. Rates were low, technology was transformative and infrastructure cheap. With declining supply and expected increased future demand, hodlers were sure to gamble...
Bitcoin broke up an ascending broadening wedge that has failed to maintain support and now it seems to be forming a Symmetrical triangle, there are a few support lines there in this idea but the main one is the red one, hope it breaks to the upside and it can breakout again from the previous ascending broadening wedge but for sure that line could be acting a a...
Hello§The first resistance at 22OOO has given way/All that remains is to exceed 45OOO to reach the last resistance at 62OOO%
Just an observation Not a prediction You have to admit, that 200 day & FWB:25K support looks appealing for a trade (with a stop well under it). PUKA
Review: In my previous update on October 7th, I had the expectation that BTC will go to 46000 zone by end of January 2024. Update: Analysis of the Structure: We are in wave IV of C of (3). A fib target for wave (3) peak is 49926. Analysis of the Cycles: We are in the second 20D cycle of the first 40D cycle of the second 80D cycle of the first 20W...
Im a bit more bearish than i was yesterday. Im not liking that. Still, I think its more important to just wait to the DXY opens on sunday to reassess the direction we may take. While the open on last Sunday had much more potential to ruin stocks and BTC than this weeks would, it did cause a volatile drop.
Bitcoin and the corrective decline It is clear that there is selling pressure on Bitcoin
VanEck CEO Jan van Eck predicts Bitcoin will hit new highs, drawing parallels with gold and forecasting a bright future for crypto. In a recent appearance on CNBC’s “The Exchange,” Jan van Eck, CEO of the renowned asset management firm VanEck, shared an optimistic view of Bitcoin’s future. With a deep understanding of the cryptocurrency market, Van Eck predicts...
I think this is a very good year to keep bitcoins in a safe wallet. In the past, we had a similar price behavior that led to a price peak. The reliable resistance line has been broken and Bitcoin is interested in growing in this channel. Based on this fork, hold Bitcoin for the first few months of 2024. Strongly believe the $35,000 price support!
Bitcoin HUNT HISTORICAL BITCOIN VOLATILITY PLOT The pair signal🟢just occurred 🚨🚨🚨 Not always but often seen‼️ Imagine these were your BTC entry points over the years😉 What will the smart money do❓ Let me know your thoughts in the comments🤗 ⬇️⬇️⬇️ Likes and Follow for updates appreciated🤗 Disclaimer: Not financial advice Do your own research before...
hi traders, Bitcoin has had a fantastic rally but we believe that the top is in or it's very close. Bitcoin rally is based not only on bullish technicals but also the ETF narrative. What if ETF approval is postponed again? Most likely it will cause a correction. Sentiment on social media has been very bullish. Many analysts is expecting that this rally will...
BTC is at a strong resistance level. And we can see a good retesting here. After this retesting we can see again bullish wave. In this move we can see price around 70k soon. Keep in touch we will update further soon.
Is bitcoin ready for a big rise? We can see that Bitcoin has struggled at the $42.3K Level over the past week. The price is currently running into resistance there as well. Furthermore, we see that Bitcoin has established a bottom around $40K which has also been an important support and resistance level in the past. Perhaps the price will look for liquidity here...
Fall of the channel and form a falling wedge! After the hit the targets, maybe a retest of the channel to more downside.
Over the next 24 hours, we're seeing some clouds ☁️ hovering over Bitcoin, suggesting a potential downturn. However, looking ahead to the next 3 days, a brief rebound is on the horizon—picture a cool breeze after a storm. Fast forward 7 days, and we're back in the forecast with a blend of clouds ☁️ and sun ☀️. This signals that the downside might linger, but...
You know that we are in a bull market when everything you buy is in profit 3 days later. Doesnt matter what it is. And the halving isnt even here. Can you imagine the insanity in 2025 when the ETFs are approved and the crypto MC is 6x from here? Do not sell now. Do not sell on the first pump out of the bottom. You stuck it out trough the bear market and the...
While bears did indeed make an appearance last week and snap an eight-week winning streak, BTC/USD remains on track to record a third consecutive month in the green (MTD performance: +11.6%). In a market demonstrating uptrends on both the weekly and daily timeframes, the recent surge witnessed the major cryptocurrency reach $45,000, levels not seen since April...
While many short and wait for a dip bitcoin rallies. Fundamentally bitcoin is looking very good, we can see big investors front running the ETF approvals and the bitcoin halving is right around the corner. The markets are gaining momentum and strength with each day coming closer to when the SEC could approve this Spot ETF. With all of this combined we could see a...