This is a strong scenario right now and something we have all been wondering... How are you feeling today? With so many Altcoins now really strong but yet to complete their bullish cycle and Bitcoin ultra-bullish, it calls for additional growth many people say... I hope you are having a wonderful start to your week! ➖ Bitcoin is trading near resistance, at...
Despite recent market jitters and bearish sentiments stemming from a significant drop, I remain bullish on Bitcoin, particularly in a higher time frame analysis. The recent downturn may seem daunting, but it's crucial to recognize that such fluctuations are often part of Bitcoin's volatile nature, especially in the midst of its ongoing bull market trajectory and...
🏃♂️Bitcoin is moving near the 🔴 Resistance zone($71,350-$70,900) 🔴 and seems to have broken the Support line . 🌊According to the theory of Elliott waves , Bitcoin seems to have successfully completed the Zigzag Correction(ABC/5-3-5) . 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 📈If Bitcoin's downward momentum is high ,...
Preface: I'm still bullish on Bitcoin. Long-term trend still is dominantly bullish. With this analysis I merely want to discuss a potential downwards move after the halving. With the BTC halving approaching fast (time flies!), I'm becoming concerned that the market will actually treat the halving as a sell-the-news-event, rather than a buying one. The simple...
Time to Sell BTC Bearish Harmonic Pattern formed and huge selling presure around 72000 now the price already formed Bearish Engulfing Candle in daily chart Therfore we can sell BTc to 62500 and 52900
Bitcoin crashed significantly, as I warned you in one of my previous analyses: What now? Is the crash over? I don't think so! The halving event is in a few days, and huge volatility is expected. The problem is that below the current price, we have a double bottom pattern, and there is a lot of liquidity that whales need for their huge buy orders. It's really...
Hey everyone, what's your take—should we be buying or selling BTCUSDT today? BTCUSDT has dipped from the 70k mark, trading around $68,800 as we kick off this Wednesday. Looks like it's confirmed a peak and started to backpedal since yesterday. The short-term trend is kinda fuzzy with the EMA mingling in the price action zone. Personally, I'm betting on a...
Hey lovely people, Today, Bitcoin's on a bit of a rollercoaster, spiking before taking a dip, now hovering around the $70,900 mark, buoyed by support at $68,700 and some bullish vibes from the EMA 34 and 89. Our immediate goal? Aim for the $72,300 resistance with a short-term buy strategy. If BTCUSDT hits this target, we might see a double top pattern forming....
Bitcoin is definitely ready to go higher, and it's a really good time to buy the dip after the previous crash! We can see that the price is making higher lows on the daily chart, which is a strong sign of an uptrend. The price is currently still inside this symmetrical triangle, so we are waiting for an explosive move, probably to the upside. The trend is your...
Hey incredible friends! What are your thoughts, will BTCUSDT continue its upward trend? 🚀 Based on the past week's actions, here are my insights: BTCUSDT is currently hovering close to its record highs. The bullish momentum on the daily chart remains intact as BTCUSDT has rebounded off the EMA 34 line, keeping the upward trajectory within a narrowing range. Any...
BTCUSDT couldn't fend off a fierce bear attack, quickly tumbling down to the $65,300 zone at the start of the new trading week, continuing its downward trend after breaking key support levels. Analyzing the charts, the bearish momentum might persist as a triple top pattern seems to be forming. If this downtrend strengthens and shatters the first support level,...
Bitcoin may look pretty bullish, but do not get distracted. The price is forming a bearish distribution pattern inside a bearish parallel channel, as you can see on the chart. Right now, the odds are in favor of another crash. I am not saying this only because of the price action, but also because of the Elliott wave theory: as per my wave count, I am expecting...
Hey folks! Looks like some big-time crypto investors are playing it smart with the recent Bitcoin surge. They might be cashing out or just shifting their stash to Coinbase Institutional for safer keeping. This move comes right on the heels of the U.S. inflation rates heating up more than expected, which led to a stock market dip and a spike in yields. Bitcoin's...
Hello traders! Today, BTCUSDT is still moving according to the strategy of once again going through a correction phase and being limited below the Bollinger Band resistance level of 70,800 USD. However, overcoming this resistance remains a challenge and a goal. Currently, BTCUSDT is currently trading steadily above the $68,580 support level where the price has...
Currently, crypto market users are divided into two camps: 1️⃣ - to the mooon with the first stop at 100k and 2️⃣ - the beginning of a correction to at least 50k. Two ultra-radical camps that will find 101 reasons why it should be exactly as they "want and expect" and not otherwise. On the #BTCUSDT chart, we have copied and displayed the fractal of #Bitcoin...
#Bitcoin Weekly Technical Analysis 📈 Bitcoin surpassed its previous all-time high of $69,028, reaching a new peak at $73,773. Currently, it's trading above a strong support level ranging from $64,500 to $66,300, which is considered a robust technical support zone. As the week concludes, Bitcoin needs to hold above this support area. The price of Bitcoin...
BTCUSDT's on a downtrend for the third day in a row. No strong comeback signs from this coin just yet. It's hovering around $63,000, but we're on the lookout for possible further dips near the $51,000 zone. What about you? What's your take?
BTC / USDT Since the halving is close The volatility of this month is expected to be extraordinary Also we have CPI report today which can make more volatility in market Historically BTC made a strong corrections before halving but i don’t expect this one to be strong like before since this year is a bit different because of ETFs In chart you can see high...