Recent Rejection and Retracement:
BTC faced rejection near $67,200 and retraced to $62,000, highlighting the importance of the support zone between $60,000 - $61,500.
Critical Support Level:
The support between $60,000 - $61,500 must hold to avoid potential further decline. A breach could lead to testing lower levels such as $56,000 - $58,000 or $52,000 -...
Strong Momentum after testing bottom of range.
I am anticipating this range to end
within 25 days but it could do earlier.
I don't think we are making a new low
below 60k before we break all time
highs, we could get very close to it
though.
lam targeting 140k and then 200k.
140k because it's a typical move after
bitcoin breaks all time highs. 100%
return within a...
Hello, TradingView community and my subscribers, please if you like ideas do not forget to support them with your likes and comments, thank you so much and we will start a LONG outlook on #BTCUSDT explained. Price action analysis & key level
Last weeks high: $67244.99
Last weeks low: $62406.59
Midpoint: $64825.79
As Bitcoin continues it's multi-week sideways chop , there really isn't a great deal to talk about in terms of price action other than it's extremely boring and potentially dangerous. I say dangerous because it's this kind of chop that separates the impatient and the patient. Trading...
🏃♂️ Bitcoin is moving near Potential Reversal Zone and Support lines .
🌊According to the theory of Elliott waves , Bitcoin seems to have succeeded in completing wave 5 .
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys .
🔔 I expect Bitcoin to reach at least the 🎯Target🎯 I specified on the chart.
❗️⚠️Note⚠️❗️: An important...
Hello there,
Mapping out BTCUSDT at H4, the price is anticipated to form a higher low from the trending low level of 61828.42 to move up to the 7K area and then drop for wave 4.
Attention should be paid to the drop of that wave, as it appears to project lower than the 666.56 area and then complete wave 5, which will be the potential sixth wave of Wolfe 5.
Happy...
I summarized the following four direct reasons for the market decline in the past two days:
The geopolitical situation in the Middle East has escalated, triggering a rise in risk aversion in the market.
The Fed's expected rate cut failed to materialize, leading to disappointment in the market.
The collective collapse of the three major indexes of the US stock...
Now I just want to say that if Bitcoin breaks through this support level, we may see a big blood fight in the market, but Bitcoin has been unable to break through the high, and it feels like a short opportunity, you think
Taking a closer look, this is a 3D view of this huge bearish trend line on the Bitcoin chart.
Watch out for 65000 and watch for this possibility in the chart!
I think maybe we should short Bitcoin
Low buyer volumes indicates that at the lower prices BTC could find some new supports before it gets lower. Gaps may get filled, let's watch.
experimental and educational content, not advise.
The range boundaries are 73000=60000k. The key level below which is huge pool of liquidity is 59300=59500 area. there is high probability thet #bitcoin can reach this area before further growth
BlackRock has significantly increased its investment in Bitcoin over the past year. This is partly due to strategic partnerships with MicroStrategy and Coinbase. As of April 2024, BlackRock holds 274,462k BTC worth $17 billion in its spot Bitcoin ETF. This amount is more than MicroStrategy, which holds 193k BTC. It is important to note that MicroStrategy was...
After seven weeks of bearish sentiment, the Bitcoin market looks significantly different from the bullish euphoria experienced during the climb from $42,000 to $73,800. Now, with less than 48 hours left in the monthly candle, we stand at a critical juncture that could define Bitcoin's trajectory for May.
The Moving Average Convergence Divergence (MACD)...
Bitcoin for Short Lower Prices.
As expected based on previous chart lower retest was missing. Now we can continue. Numbers are pretty much same as previous few decimal are added due to new retest data!
$62,812.7
$62,935.9
$62,998.9
$63,188.8
$63,971.8
Hello, TradingView community and my subscribers, please if you like ideas do not forget to support them with your likes and comments, thank you so much and we will start a LONG outlook on #BTCUSDT explained. Price action analysis & key level
hello guys...
do you think it is a crown pattern?!
I know the D and F waves didn’t finish at the same level, but I suppose we can ignore it!
if it is this pattern we can assume this coin wanna touch the 52k area!
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer...
