BTC hits major weekly support. We might face a deeper correction up to the 38k levels. Watch for weekly closing wicks On the daily SMA 200 is pointing 48k levels. If you take a look ok the weekly we can see it pointing to deeper levels around 36-38 levels. We can start DCA from the 57k support. BTC can try to sweep lower buy order and bulls should breach...
The Bitcoin chart's linear regression channel presents a compelling narrative of market behavior, perfectly illustrating the strength of the current trend. The channel, marked by parallel lines that encapsulate the majority of price movements around a central regression line, serves as a visual benchmark for Bitcoin's price trajectory. A critical aspect that...
Hello friends, I made a full analysis for the B wave which is running now. Don't forget to follow me and support my idea, let's boost/like it and keep a positive comment. Thanks, Bruce
We had a rejection of a monthly fresh order block. After a retest of this rejection we can see BTC hitting the orderblocks (white). We need to hold those area's and we start to place longs in for a possible scenario of BTC going into a trend past the alltime high. This will be a sweet spot as it is wave 3. Make sure you trade the end of wave C for the best...
This is the current forecast for a bullish scenario for BTC. In 4H a long setup is not yet established since a pullback is expected in the discount area. A short scalp is feasible. Waiting...
According to Elliott Waves, we are still in the fourth wave which extends from 73777 to 49950. Sometimes Bitcoin exceeds the wave level, I Think that Bitcoin is not finished falling, and will start falling from 74,000 – 71,000 to the red level of 55,900 – 49,900. Then after that we will witness a real bull run extending to 85,000
The market has been bullish and has been correcting for some time now. The market should continue with the initial bullish trend
This is not investment advice. It only shows the strongest possible movement of Bitcoin for the higher time frame
its looks like it is going to be a long positions for the next hour.
Maybe this does make no sense for many of you! But I think this is the shape of the next move! BTC >>>> 49000 !! TP1 80000 !! TP2 after the halving, if it is confirmed. Let's see what will happen.
Bitcoin has the potential to soar from its current range of 45k to 52k to an impressive 80k. This bullish sentiment is supported by various market indicators, with the DGS1MO (one-month Dollar General Swap Spread) offering a clear outlook on the market, signaling a favorable trajectory towards further upward movement. As Bitcoin enthusiasts eagerly anticipate...
"Yep, just like i expected, the price hit the sweet spot and basically said 'nope' with that rejection. So, i am thinking it's time to flip the script and go short to shake up those buyers and make some gains."
Currently, the price is hovering around the Median 50% area and above the Moving 50% line, residing within the 4-hour resistance zone. A bar-to-bar divergence has emerged between the closing price of green candles and RSI, signaling a potential weakening momentum. Interestingly, despite this divergence, the "Predict Beta" indicator has indicated an upward bend,...
This is my kind of plan currently with $BTC. Still a risky trade, since the price has lots of resistance above and price hasn't, but bulls have several points in favour and price might set 57.5-58k as a good support. Small capital risk on this one. Let's see what the market do.
In our daily timeframe, we're witnessing a break of the trend line number two and a return of the price to the trend line. It seems like the price is attempting to establish a new ceiling in the trading range. I see three short-term resistances ahead in the price path, visible on the chart.
Hello friends, If you are still in Going up trend, you Need to know that immediately, For more details You can find it easily on the Channel video. I hope updateing you, Don't forget making Subscribe, Don't forget to follow / subscribe me and support my idea. Thanks, Bros
as you can see on the chart Btc in descending channel so if it breaks from above with good support it can touch mentioned target or if not i think it can drop to 50 - 52k just my idea
BTC has corrected healthily to -20% from its peak after reaching its parabolic ATH highs of 73k. Now the mother of all of coins is showing some strength again. Weekly data metrics is shifting now and buyers are back again, positioning aggressively for the next RUN-UP to ATH and beyond. From our weekly chart diagram above, you can observe that the black bear...