📊It's been a while since we analyzed Bitcoin and the market in general. Here's what we have now: 💰Bitcoin is still holding near its all-time high (ATH). The trend is still bullish. Weekly candles are closing with large wicks , indicating buyer presence. However, we've seen a rapid price acceleration towards ATH, accompanied by significant volume, which could...
The last update I mentioned a minor consolidation I was anticipating to break up. It broke down and took us towards the 62k level. However, It seems like this breakdown is forming a new falling wedge pattern on declining volume for the weekend. I expect it to be relatively boring with a little more downside before we bounce back to 66.5k
We're looking at a bearish trend on BTCUSD 🔥😭with entry,SL & TP provided, let's go short, update will be sent
BTC: will this just a channel consolidation and will come back -Fibo golden rate 0.618 zone. -Key level support. -Demand zone. -ABCD pattern. -Volume support.
Thought I would post this the day after we hear that REPUBLIC FIRST BANK has gone in to receivership in the USA. This is just 5 weeks after the FED's BTFP Banking Suppor tprogram ended. Thsi si likely to be the first of more and the question is now, how will the FED react on Wednesday, 1 st may at their next interest rate meeting. To Pivot now would be an...
Crypto Analysis (27th April 2024) BTCUSD Analysis On the 4 hour timeframe, price action has swept the buyside liquidity and created a bearish Change of Character, leaving behind a large 4 hour bearish FVG. Price retraced into the fvg, respected it and continued to create a 4 hour Bearish BOS. Dropping to the 1 hour timeframe, price has created a 1...
Just some analysis what will going BTCUSD. Im Entry on Buy for this pair since there have strong Sopport zone at this level and rejection candle on bottom as reversal. I Xpek BTCUSD will uptrend on this Asia Season until London Season. 1H Entry on 15Mnt
In the volatile world of Bitcoin trading, it's crucial to capitalize on the highs and lows of the market. While we all relish the excitement of a bullish trend and witnessing Bitcoin break new all-time highs (ATH), prudent traders understand the importance of profit-taking amidst the cyclical nature of this rollercoaster ride. As an avid Bitcoin enthusiast, I...
In the short term, which is taken from my personal opinion, in the long term, the bit has a resistance in the red box and finally in the range of $69,000, which until these areas are not broken, we cannot expect an upward movement from it and it can be Touch any of the lines below it
This review was done in Time Monthly and it is only my personal opinion, and it is not the basis for decision At first glance, according to the past information, and the type of movement of candles, if we are to consider a similar behavior for Bitcoin, a 55% correction and a 77% correction can be considered. But when this movement is done , that the area of 42 to...
Simple trading - Head and shoulders I do not need to say much, BTC has broken below the head and shoulders neck line. SELL (entry6300) I would usually wait for a break and retest, but it's the weekend and BTC could drop in a couple of hours. Or it may hold above 63000 until tomorrow. USE STOPLOSS (63500)
Bitcoin on a 30 minute chart fell with reports of the Israeli active retaliatory strikes in the heart of Iran's military and industrial infrastructure in a unilateral action. Iraq has not launched a responsive action as yet. On the chart, price had been stable and sideways in the 64000 range but fell to about 6000 and then recovered to nearly 62,000. I see...
Seems like Bitcoin isn't quite ready to go down, despite going down. A potential long in the short term. I believe 72k will be hit. If I am wrong, it's not the end of the world to short the LPSY as per previous chart (the bounce after the breakdown):
CRYPTOCAP:BTC VIP Analysis APRIL 26, 2024 - BIAS: Mid-Term: BULLISH Short-Term: BEARISH -- The price action on the H1 timeframe level of CRYPTOCAP:BTC as expected played out its Rising Wedge pattern level and the price action filled out half of its FVG gap level too. Currently, the price action is consolidating at its Horizontal Support level which is marked...
You snooze you lose, checking my past analysis on BTC you'd notice how I ate the market.. is time for BTC to go long, we have the BOS, price has filled Imbalance and we expect price now to go long. Don't forget to check for CHOCH on The 15MTF..no confirmation,no entry.
Update on my trade from yesterday , Take Profit 1 got hit now now I'm waiting to see if take profit 2 get hit and than potentially the weekly FVG
The big arc pattern I was watching has completed, and BTC has put in a new all time high. Now we're slogging through some post-halving chop, speculating on the next big move. It's been about 7 weeks of chop around the LSE:60KS now. If you look at the chart, generally this kind of ranging chop lasts for 7-10 weeks before a decisive move that breaks out of the...