Bitcoin time frame 4 hours If Bitcoin reaches the specified FVG area, it can climb up to the $65,000 range.
Am not 100% sure of this idea but seeing the selloffs, the First Liquidity Area on the weekly is around 26600 Let's watch and monitor weekly or I might do it Monthly.
Hello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About BTC (Update) Trying To Breakout The Falling Wedge On 1D Timeframe Chart☑️ In Case Of Successful Breakout 70k Is Coming✈️
Bitcoin is currently trading at $63,600. The trend on the daily chart appears Bearish, indicating a downward movement. Sellers are gaining strength, and the chart is forming higher lows and lower highs, suggesting continued downward pressure. My initial target for selling in this scenario is $59,000.
To better understand the analysis, it is better to view the analysis completely and carefully. I follow the opposite conditional scenarios in my analysis
Bitcoin was in a downtrend, but after breaking the downtrend with resistance at 64000, it hasn't been able to break the resistance yet. As long as this resistance is not broken, the trend is towards a downward movement to around 60000.
BTC 1H chart After a recovery from the 1 may, of more than 10%, we start sideways consolidation. If it breaks this area (62.850), and confirms the target is 60.000 on the way up, we have a couple of resistance areas, 65, 66, 67k That way, I think the most probably is a break to 60k But that´s just a opinion, certanly not something that some one should considerar...
Hello friends, Finally, We will get the confirmation of ending the Green wave B Soon. I hope to update you, Don't forget to follow/subscribe, and like my content. Thanks, Bros
Retested 4 hour breakout, pending confirmation could be a decent long
BTC looks very good, I wanted to enter a trade on the 1h when I first saw the displacement towards the up side, but I wanted to see a retracement to discount. the displacement confirmed we want to look for BSL. right now I'm looking to see that price reaches discount, I prefer even reaching to SSL that is close to OTE of this price leg. then I will look for a trade
potential double top. still not clearly up or down. not much volume. 1R 2R is the way to go unless you play the 15m/1m sideway and chop most pairs with BTC testing this resistance. could really comeback and test 61.8-62k. 62.5k also possible, but less odd, like 25%. plan to SHORT weak alts with the trend if this pullback happen. If it breakout then consider bull...
We are looking for a break over 63900 to look for a continuation and retest of 65.5K.
Join me as I delve into an insightful analysis of market dynamics encompassing accumulations, distributions, supply-demand dynamics, ranges, and range breaks. Bitcoin is currently at a crucial juncture, contemplating a potential rally or a retest of its all-time high at $74,000. I invite you to watch the video for detailed insights and to stay tuned for further...
Absolutely a brutal chop fest. The good news? We were all prepared for it, and know that it is highly likely to continue for many months. Hopefully it will not, but if this is just a “normal” 4-year cycle, then we could be doing this until the fall. At the moment, Bitcoin is retesting the range lows set after the all time high. Bulls want to show some strength...
MACD is about to form a death cross pattern, and the price is fluctuating near the trend line. Combined with indicator analysis, the probability of falling is greater, so the trading strategy is to short, TP around 62200
BTCUSDT Falling Wedge breakout on 15m TF. SL: 61207
I think the next goal of Bitcoin is 80! There is a possibility of a falling wedge pattern
#BTC UPDATE 🔵 Technical Analysis (1D): BTC is currently consolidating within a falling wedge pattern, managing to stay above the indicated level. A breach of this level may lead to a retest of the support trendline within the wedge. Conversely, a #bounce from this point followed by a breakout of the wedge would signal a shift to bullish momentum. Given the...