BTC in the recent past put in a head and shoulders pattern. The neckline drawn onto the chart is above current price and rejecting it. Volatility has flipped decidedly. News is that Bitcoin and crypto ETFs have had several consecutive days of outflows some perhaps when stop gold spiked. Dollar value has a role in this as well as it dipped and then recovered. I...
BTCUSD is impending on its third attempt to break through the resistance zone of 69-70K, having hit about 72K on March 13th. Buying volume relative to selling remains high. Both the faster and slower RSI lines remain above 50. I amd holding my long position in BTCUSD and watching to see if price can break resistance. If it can another leg higher could...
Morning folks, So, unfortunately for BTC - it is traded 24/7, so while other markets were closed, BTC has taken all the mess from geopolitics. With recent collapse, it is logical to ask - where all those people who were taking about "safe haven", "gold replacement" etc... Now due geopolitical turmoil in weekend, our short-term bullish context has been...
Bitcoin is turning into a bearish trend on long term if it prints bearish this week. Short on long term.
Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. Analysis is very difficult. It is a difficult section with many intersections. Due to the index announcement...
In the picture, it is clear that it is fluctuating in a yellow pattern... good growth can happen in the safe failure of the pattern's ceiling. The failure of the bottom of the pattern is also characteristic
Hi. BINANCE:BTCUSDT Chart is Speaking It Self!!! Simple analysis... It appears to be moving within a Ascending triangle on the shorter time frame. Currently, it is attempting a breakout. A breakout retest of the triangle would indicate bullish momentum. However, if there is a rejection and a breakdown of the triangle, a bearish move is also expected. Stay...
There is nothing to write, everything is in the picture. This analysis is only for Bitcoin, not Altcoin. This analysis is not a buy-sell offer
Greetings, We've reached the culmination of our ongoing analysis, and it's time to dive into the eagerly anticipated final update. As previously discussed, the anticipated pre-halving price correction suggests a potential retracement to the $31,000-$35,000 zone. This dip is expected to be met with substantial buying interest, propelling a swift recovery....
The recent geopolitical tensions have impacted BITSTAMP:BTCUSD , further highlighting that it is not merely a safe haven but rather a risky asset. However, this drop appears to be primarily an emotional reaction. The technical level that I've been discussing for quite some time, originating from the 62k zone, has held strong. Following this dip, the price has...
It is expected that the price will move according to the specified path and the continuation of the correction process will be formed. Then it climbs up to the specified resistance range. In this scenario, the price will fluctuate in the current range. If the price immediately crosses the resistance levels, it will probably rise to the previous ceiling range and a...
Bitcoin price seems to have failed to drop below daily support and demand zone on whilw being pressured by strong dollar. By following trend, we mark demand zone and recent Structure broken as our poi. If price fails to continue falling, we might see price move above recent highs before any change of sentiment. Good luck
There is a TUG OF WAR between the BEARS and the BULLS. How do I know BTC isn't doomed yet? Because as long as the BULLS are in control, there will be no bearish reversal. This will be determined in 5 days and 22 hours. I have a HANGING MAN on a one-week TF. It has been confirmed as HM. It has a hidden message and I will unveil it for all of you. 1. Hanging Man...
$65000, $64500 next target in the downtrend, what you say guyss? The price of the BTC is in the downtrend after recent breakdown in the downtrend direction. Now, the price of the BTC may fall near 65000, 64500 the lower support levels. The Leading coin always has an important value in crypto trading, The price of the BTC watched around the world deeply. So,...
BTC is in a trend channel, currently retracing its move from higher prices. $50-53K is a supply zone and this zone aligns with FIB level.
Bitcoin's price not reaching zero can be attributed to several factors: Limited Supply: Bitcoin has a capped supply of 21 million coins. This scarcity is built into its protocol, making it similar to precious metals like gold. The finite supply creates inherent value and prevents Bitcoin from going to zero. Growing Adoption: Bitcoin adoption continues to...
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