Hello Traders and Investors, today I will take a look at Bitcoin. -------- Explanation of my video analysis: On the Bitcoin chart there are actually only three lines which you need to draw: First you have a horizontal structure at $16.000 which Bitcoin perfectly broke towards the upside with the last cycle in 2020. Furthermore Bitcoin is creating an ascending...
Seems the triangle i posted a week ago was the thing to follow, but we saw a failed breakout, even before the sudden dump we had this weekend. Glad i am still mostly on the sidelines here :). Long story short, also not sure what it will do, the ABC i mentioned weeks ago (drop to 55/60K), could have finished already with that dump this weekend, but could still...
BTCUSD continues its downward trajectory on the 1D chart today, as short-lived recoveries give way to more pronounced bearish momentum. On the chart, BTCUSD is revisiting the EMA 89 line, also approaching a key support zone in this area. There is potential for a corrective bounce from this defensive position, but certainty remains elusive as bears may target this...
I'm posting this chart to show the trend is broken.
Current price action is similar to the 2021 topping action. This could be the first halving event where Bitcoin puts in an early cycle top. This projection is purely hypothetical and I hope I am wrong. However, it is important to understand any type of scenario and how you would trade it. Be blessed! Handy
Bitcoin has rejected the 70K area resistance as the pre halving consolidation unfolds. In hindsight, you were better off listening to things like support/resistance LEVELS and price structure rather than all of the social hyperbole going into the halving event. "Buy The Rumor, Sell the News" seems to be what is in play here and usually makes fools of people who...
it looks like btc will consolidate coming into the halving, we maintain the bullish market in the low 40s however I foresee a red iwave and im not talking about november m working on this , more to come
An analysis of Bitcoin vs US Dollar performances after every halving. Bitcoin halving is a programmed event roughly every four years that cuts the reward for miners in half, reducing the new supply of bitcoins entering circulation. Usually bitcoin shows un upward movement after halving. We are analyzing how the bitcoin cycles showed patterns The following are teh...
"Sell in May and go away! 📉 Back in Uptober, no delay. 🚀 To the moon, where we stay, 🌕 Hodl for the ATH, okay? ✨ From bear to bull, the cycles spin, 🔄 In crypto we trust, we're here to win. 🏆 Stake your claim, let's begin, 🔗 Diamond hands can never thin. 💎 Reverse head and shoulders, now in sight, 📈 Down to 38K, we feel the night. 💥 Then rocket to 100K, pure...
I will simply follow the market range and try to catch another beautiful trade like we can see
maybe it will be Satoshi waking up from the dead, Maybe Saylor will unload his bag, or maybe the NSA has the backdoors, all I know is I see a double top, and what do we know about double tops ? We know that they work. GG bitcoin it's over, see you on the other side
BTC has so far failed to make any of the bullish scenario moves and has recently made a break that may be confirmative of the bear scenario. An Elliot wave based failure of the uptrend would typically look something like this. First big target of 40K for the short. Some bull trap/ chop and then continuation. And it's not just BTC. Everything looks...
5 weekly sessions have passed since the ATH, if this was a correction we could see an increase in volatility and perhaps even violent bursts, aimed at eliminating as many small fish as possible from the market. This area around 69k usd is a very important resistance, having been a high that lasted 3 years, it will not be easy to break it, something would be needed...
Anyone trading or owning Bitcoin is trying to discover where the price is going next. This analysis is just interpreting what I see in the chart. I am just putting it out there nothing more.
$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,...
Pretty simple observation I'm seeing on the Bitcoin Daily chart. Our range has been set by a run of highs then breaking lower and creating equal lows just above a weekly volume imbalance. Just looking for price to return back into the range and break lower for eventual trading in the weekly volume imbalance. Shorts could be taken in the premium side of the range...
I have seen enough to determine that we are headed to a new all time high just like the stock market will see a new high before we head lower. If you haven't seen my idea on the SPX (see the link below). Looking at the BTC on the monthly chart, we can see that it looks like we are doing an expanded flat. As we can see the top in October 2021 was not the "real" top...
Trend-line guidance with volume candles moving up to $80k. EQUAL LOWS on a 9 DAY TIME FRAME means ROCKET LAUNCH