We are in the middle of the pattern, so let's wait and see how it's going to visit around 55,000 !
The recent dip is still within healthy range. I think BTC is preparing for a large move up, unless the $60K support breaks.
looks like if we fail to not close under 64600 we will go weeeeee
This is my current view on #BTC until it invalidates I'm looking at this setup for the past few days I hope BTC going to follow this Ascending triangle pattern. If this pattern becomes valid we will see 80K dollars now lest see where we go!! This is just an educational purpose don't follow it to do investment dyor before investing!!
Due to the recent tensions in the Middle East, there is a high probability that the price of Bitcoin could break through its technical support levels. I believe that the price of Bitcoin could fall to the $58,000 and $56,000 range before finding support and starting to rise again.
Key to close above for bull control and possibly excellent buying opportunity Comparison with last bull market, didnt lose it till the end of the bull market
Spot ETF (demand increase) + Halving (supply decrease) = Price Increases..... eventually It's no secret that the spot ETF launch didnt go exactly to plan. GBTC dumped into the liquidity and the OTC buying meant price stalled and it quickly, on the surface, started to look like a bit of a non-event. Now we, as cool guys who have a glassnode subscription, all know...
A diametric is completing as the b of the flat and then wait for around 60,000.
No new major changes to my ideas, just fixed up some labelling and protectory. Fundamentals are great yet price has remained more or less in the same range. This isn't an accident. When everyone can see 80k-100k BTC, the question becomes, why aren't we there yet? Do we really expect institution to pump so we can dump to them? That's not how it works. Infact,...
With the drop to 60k already happening, will evaluate if this possible bounce makes it above 67k, at 67 will explore options on possibly opening a hedge short position, while maintaining bag positions. It's an obvious idea with minimal risk vs reward. Short 66-67k Leave current bag alone, and hodl let go of short when or if 60s is breached and we touch the high...
Another week, and we are still near that major ATH zone where we are not seeing any significant moves. While Halving is almost here, people are waiting for something great to happen overnight, but bear in mind that Halving is bullish news for long- term, and while Halving has also marked the start of bull run, we had already had a healthy correction before it...
Breadown from Consiladation Traiangle ..Might retest previous resistance before touching target
1 Day Gap at $45,376. 3 BULL contractions, one after another. BTC Value stays within range unless theres correction, if there was correction then why is ADR at 177%? I’ve never seen BTC below 161%/168%. See reversal coming soon, still pending. Two orange lines are pivots. I see it as a BTC firewall barrier. BULL SHARKS are still giving the whales...
previous analysis still works and its a correction in bearish trend and it will be countinue we should wait for a good setup to entry for short position.
Bitcoin's technical landscape is hinting at a downward trajectory as we near the next halving, set to occur around April 18-20. The asset has repeatedly failed to breach the formidable resistance at $68,500, signaling a possible 'dead cat bounce' in formation. This bearish setup is further supported by the significant distance Bitcoin has created from its moving...
Bitcoin is making triple top pattern on daily timeframe and the monthly trend line also shows the bottom of 52k
Mini Heist Plan, Ola Chicos Chicas, This is our Day Trade master plan to Heist Bullish side of BTCUSD. my dear Looters U can enter at the any point my entered area, Our target is Red Zone that is Dangerous area. We can escape in the Target area.