BINANCE:BTCUSDT has now started its downtrend, The 60k was reacting as a strong support zone, and bitcoin had done 4 restest of this price zone. Now Im Expecting a breakdown in the start of the month of May or in the last week of April. May might be the red month for bitcoin and crypto Industry.
As Bitcoin surges beyond its previous all-time high of $69,000, it's imperative to confront the harsh realities at hand. Despite the euphoria of a monthly candle closing above this significant milestone, caution must prevail until we consistently breach the $80,000 mark. Prepare for the potential descent towards the lower end of the range, a plausible scenario...
After a massive gain looks like Bitcoin can do some retracing - Had made 3 high touches but did not break - Had made 3 low touches but did not break - Lower High in the range SELL now to go down to Support for 5% , then holding to 52000 Consider BUY @ 52000 for a quick gain +14%
As wedge is formed in 4h timefram, breaking down could be a point for short as will fall about 6.5%;
Bitcoin recently reached an all-time high of $73,777 before dropping to a low of $59,050. It's currently hovering around $66,350, which is close to its mid-range of $66,400. The breaker point in the market is estimated to be between $69,000 and $70,000, which aligns with the Bull Rune's all-time high of around $69,000. The current market conditions are showing a...
Hey how's everyone doing? It's been a while but I'm going to keep this explanation brief as the chart is self explanatory. This is one of the strongest indications I look for when trying to predict price drops. The way the MACD and RSI look together right now shows very strong potential for a sharp drop. Keep in mind that this is the daily timeframe so it the...
Still waiting for a BTC pullback, and trying to catch with a good RR ratio
1H TF Structure BOS to the Down side Supply zone mitigated with a sweep of previous high. Entry on the pullback.
In this TradingView analysis, we delve into the intricate patterns of Bitcoin’s (BTC) 15-minute time frame. We’ve identified an emerging triangle pattern, a significant technical indicator that traders often use to predict potential breakouts. This pattern, characterized by a narrowing price range, suggests a period of consolidation before a strong breakout...
!!UPDATE!! Just got time to open a chart after finishing some shit, with this I can say, last night's update will be invalid . 66.8K is still too hard for BTC to break, forget about the previous key point we will see a drop-down since the selling pressure is high on 1h and 4h chart. Some bounce might happen, but more likely correction is incoming . . . Stay...
CPI YoY: PREVIOUS: 3.2% FORECAST: 3.4% ACTUAL: ??? BTC going into CPI today is sat exactly at the '21 ATH. With the forecast prediction an increase of 0.2% this increase should be priced in by now. Usually we have a gradual rally up until the announcement, then the initial direction of the move is the wrong move with the true direction coming after. That's...
Btc still bullish But it seems that market wants to liquidate the long positions before increasing the price.
🧠We are currently in a phased resistance zone. If you have a long order in the buy zone, you can lock in the main profit when the profit is sufficient, and then look forward to more in a low-risk way. ➡️If you don’t have any orders, it is not recommended that you chase the rise now because the profit-loss ratio is not good. Please be patient and wait for the...
War news didnt matter, sell offs didnt matter, halving here I am only taking longs.
Bitcoin Bullish Patterns 1 Day 1st Tgt Is 89000 US Dollar 2nd Tgt Is 101500 US Dollar
Next destination probably 68000 area after that over the 71500. BTC can do an Ascending pennant. We will see. But Please anyone don't forget that.news can change everything