Technical Picture Favours Bears Week to date, against the US dollar (USD), the price of bitcoin (BTC) is down more than -7.0% and touching gloves with levels not seen since mid-March. Technically, the longer-term picture exhibits overbought/overvalued conditions. Following the all-time high clocked in early March at $73,845, commitment from buyers has been...
BTC | BITCOIN | XBT | BTCUSDT | BTCUSD idea Technical Strenght is down in all time frames including monthly vs previous Candle..
Guys! I have posted on 5th Feb for the bullish signal for BTC. At this point of time, I have seen many youtubers started to hyped BTC is going to 100k or 200k. Of course it is very possible as my cyclic rsi indicator on 3 week chart value has yet to reach 98. I have highlighted in circle on the past data on cRSI, whenever cRSI value hit 98, it was top. I come here...
After breaking this triangle pattern Bitcoin has kept going down, just as expected. Most importantly, Altcoins have been even lower, proving right our assumption that Bitcoin will keep crushing them, despite it's fall
What we can observe here is that BTC has broken through the support that has been present for the past six weeks. It has retraced back into this support and is currently consolidating just above a key zone. We notice that bear candles have a significant volume, but there aren't many big moves happening anymore. This effort-result imbalance suggests there is a...
Daily Timeframe: Bearish 4hr: Retracement 1hr: Bearish Signature 15Min: Short term Trending into the 4hr IRL
adam and eve top on the inverse? few weeks of downside coinciding with miner sell pressure? probably just number go up and this is a bad idea.
ADR entry with two upper targets. Once it reaches orange zone: Check RSI for any possible bearish reversals. This strategy reaches to the green zone then moves to the downside. This trade idea is intended for short trades yet reads long.
BTC has been ranging and very volatile leading into the halving. Do remember that the basement price will be around 60K starting on Monday since the block rewards will be halved. I think the bottom of the previous bull flag seems like a decent stopping point but I wouldnt put it past BTC to wick way lower. We are very close to my downside target 1. -Downside...
Bitcoin is within a range from 62k-70k on the daily, and it created a descending triangle with the range low as support.
Non financial advice. Hi folks, Quick review on my plan pre-halving. Im expecting a BTC DUMP till te 63k-62k zone. Quick rollback the next week till the 69k zone, and a last dump the week before halving. So my idea, just by looking at the BTC movements the days before halving its to be extra careful. The real bullrun will happen before halving. Which target?...
If you draw the previous bull cycle over the current chart, we can still drop to 44K, you also see that it hits exactly the key levels up to about 44K
Weekly analysis of BTC according to April and May: BTC generally experiences price consolidation between April and May in recent years. If a sharp decline occurs in the third week of April (59634-55261), the market typically responds with two weeks of green movement between the last week of April and the first week of May. Then, it follows a period of ups and...
If the price of Bitcoin stabilizes at 61630.1, then the market is expected to fall to the range of 592220. But this depends on BTC.D and USD.D, which are currently at critical points. Also, for the rest of the coins, when the BTC trend line breaks, we will expect the price to drop. BINANCE:BTCUSD.P
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Completed " 1234 " Impulsive Waves Consolidation Phase Break of Structure RSI - Divergence Rising Wedge as an Corrective Pattern in Short Time Frame
We have formed bull flag on daily chart. RSI is holding strong around 50. We are building momentum for huge up move just after halving.
My expectation of Bitcoin price changes is a very rational and maybe boring process. It means that in the future Bitcoin will reach the price of 53 with a tight trend and by building a strong support at the same price and tight range up to the current range (60-63) and not losing 50 moves and the next run up to 100,000 to 140,000 give