Hello, everyone Our H&S model is starting to perfect. Now we focus on the target of 69.15K, which is also the key area for the next direction of the Bitcoin market:
My expectation is that something similar to the chart will happen. So far, after each halving, we have seen a bull market, but it takes some time for it to happen. In this part of the cycle, big corrections, painful dips and boring consolidations are perfectly normal. Stay patient, stay focused, get ready for the third quarter, and you'll be rewarded.
Before the end of 2024 we will reach a new ATH @ around 110k. The next months we will rocket!
Hello Traders, Btc's weekly chart pointing out really really bullish setup. However most of the traders stuck in short time frames again. Price action using EMA20 as bouncing points and correcting rsi levels slowly. Volume is clearly going down as we correcting. Also pointing out trend change towards bullish! Textbook style correction! As you can see as long as...
Bitcoin is keep pumping as i was expecting in my previous idea. I think it will keep on pumping at least till the resistance area around $71.000. Here we could probably see a fast pullback around $65.000 again, but my main target for this year is above $75.000
This situation is reminiscent of early February 2024. However, this time, it's not just retail investors driving Bitcoin (BTC) to new all-time highs, but institutions, pension funds, and sovereign nations globally participating in a financial game theory for dominance or at least securing a place at the BTC table. The Demand and Supply Dynamics 💰 Bitcoin's demand...
We're finding ourselves in familiar territory, distributing at the 1-hour supply zone. Bitcoin (BTC) is at a crossroads, deciding whether to aim for the range highs 📊 or rotate back to the range lows 📉. As we plan our trades within the equilibrium of our global range, it's crucial to exercise maximum caution 🛑. The bears 🐻 and bulls 🐂 are currently in balance,...
We're finding ourselves in familiar territory, distributing at the 1-hour supply zone. Bitcoin (BTC) is at a crossroads, deciding whether to aim for the range highs 📊 or rotate back to the range lows 📉. As we plan our trades within the equilibrium of our global range, it's crucial to exercise maximum caution 🛑. The bears 🐻 and bulls 🐂 are currently in balance,...
This 1-hour chart for BTC/USDT shows that Bitcoin recently entered a significant liquidity zone, where it hunted stops and captured liquidity above the bearish resistance zone. Despite these efforts, the price action reveals a noticeable weakness among buyers, as indicated by the lack of follow-through to the upside. This suggests that the upward momentum may be...
Using technical analysis caught buy at 65000 with support at 64000
BTC - coming to next Target! Good Luck! Note: see previous post.
As price hit resistence area expect to fall pls like for support thank you
BTC / USDT BTC has printed big falling wedge and the chance for big breakout is high however more corrections and final shakeout can also happen The bottom about to be formed So Keep accumulating BTC and strong altcoins and enter market partially In meanwhile you can ask about your favorite altcoin for analysis Best of wishes
Analysis ......................................................... Good luck!
I've been saying for some time now that the real ATH is still ahead of us. I base this on a few points of observation. First, the Elliot Wave Theory: Then we're taking a look at an inverse H&S pattern observed on the daily: Another bullish point to consider is that we have been able to hold above 60k successfully, showing that buyers are scooping up lower...
On btc pair we have a good accumulation, we are moving to the resistance level, a strong impulse is possible, in case of a false break we will go lower