We broke through the support at 60k formed during the bullish rally and I believe we are done yet as we have potential to hit 52k level being or new pivot. Let’s see how the setup plays out. It is already triggered. I just didn’t have time to this idea
This pattern is well-known and bullish. Wait for the handle formation and breakout. The target is around $100k. See you in 2025 peak!
we now definitely test the Anchored VWAP and the support at 50 with the rising 200d MA
BITSTAMP:BTCUSD Looking back at the last bull run, there were 3 stages and ended with ugly jagged edges at the top, usually that how the bull run ends when distribution occurs, imo. Now after halving as expected, don't listen to the crap that it will shoot up immediately. Sell on news right? So where to from here. again usually the bull run has 3 stages which...
BTC Performing before Halving 2024, with a great momentum. for right now BTC BINANCE:BTCUSDT got preasure sell from Public. Seems we will got a Restest before Bullrun Is Going up to this Season. cheers and stay humble :) Please comment your idea !! :D
BITSTAMP:BTCUSD Ladies & Gentlemen, focus on the message, not the messanger; Mr 4H officially closed under the monthly support. You know what that means right!!! Downtown is imminent!!! It even bounced from the 4H OrderBLOCK!
For BTCUSD, the price has broken the H4 trendline, and we expect that the price will retrace to the Fibonacci 0.382 level before continuing to drop to the Fibonacci 2.618 level.
Compare volume bars during the multi week downtrend on the left, with those on the right. In 2022 (left) the volume is increasing as expected during a strong downtrend. We don't see that on the right so something is different. Could be the new ETFs or the economy. It's also possible that this is not a downtrend, rather a typical (for BTC) pullback before...
Hi everyone, This is the chart that I am following. I found it while walking home yesterday. I don't know, but it seems like it's correct. What say you?
This is another top signal for Bitcoin that occurred in January 2018, similar to the bearish pattern found in July 2019 below. The bounce over the last few days could be just a three-wave ABC retracement pattern back to the Fibonacci 0.7 level. This fractal suggests that Bitcoin will start going down from here until the halving. If it cannot surpass 73K USD in...
Based off daily charts Looking to catch a reversal in the buy zone. Set up is forming, hopefully I can get an entry
BULLISH BITCOIN SHORT TERM BEARISH LONG TERM/INTM TERM Being that the Fed Announcement today was positive in the sense that they are working towards inflation goals, with a balanced hawkish/dovish vibe, we seem to have net net stayed based out as expected. I'm bearish bitcoin after another 70-75k rally as i'm confident we still need a deeper sub 50k dip over...
I have been consistently bullish on Bitcoin from the local bottoms, however I did not correctly predict the monthly trend. Despite that, I am still bullish on Bitcoin at these prices, mostly because there is a very strong level of demand here. Even if price continues to go down further, I still expect a strong correction upwards here, however I suspect a trend...
I don't often post BTCUSD outlooks, I usually keep them to myself but I figured I would shake things up this week. This is my 3 month outlook on BTCUSD. Green is what I deem as the most likely, purple is the alternative. Green is the most likely to me just because of the broader market outlook and BTCUSD's strong relationship to NDX and SPX over the past 75...
Further dip and Form that right shoulder! Technical target of around 250k. Confluence with long term resistance! Fingers crossed. Good luck
Bitcoin is fluctuating within the triangle, so two scenarios can be considered
BTC broke a major support zone. Daily candle will close below the support zone. So we might expect a SBR. Fall can be expected. Target 53k and 45k