We are not trying to toot our own horn with this post. There have been a few accounts that were warning about a CRYPTOCAP:BTC top. HOWEVER, they've been saying it for some time. Broken clock is also right daily. We began to warn few days BEFORE the #BTC melt down. 48k target, like we stated, was likely a short term top. We rang alarm bells on the 9th & WARNED...
15% off ETF highs Seemingly most convinced prices less than 40k are coming... I'm unironically thinking "MID" of the whole move might be low, even if only to chop from MID to 618 and back till halving...
On the Left is the CME chart and on the right is a spot chart. We did open with a gap on CME and that gap almost always get filled. That gap is between $42,365-$43,425. If price goes up to fill that gap it would also be testing our white line of old support that could be flipped into new resistance. With the spot chart, we see BTC has created railroad tracks...
Let's try again, the previous one was obviously too early. These are what I call "trade-numbers". ➖ The bold levels are the first stop. ➖ It can go as low as 20K on a wick. ➖ It can take months to fully develop. ➖ Initially it can go fast. _____ Leverage: 6X Buy-in: $41,000 - $44,000 | Cp: $42,440 Targets: 1) $40,000 2) $37,500 3) $35,000 4) $32,600 5) ...
BTC before halving have to fill the Gap of CME monthly resistance could stop bullish movement after that the market need to liquid some of short positions around 50 k
Hello Dear BTC buyers holders, pay attention I see that BTC has some signs of going down: 1- A strong reversal candle in weekly frametime is performing with huge voulume. 2- BTC had already accomplished its 3 correction important levels ( see my previous post) of Fibonnacci retracement (38%, 50% and 61.8%) 3- The reached level of 48000 was expected more...
This chart shows breakaway gaps and the timing of when and if they can be close . The notion that gaps are always get closed applies to most of the gap types but break-away-gap that is reated by excessive buy or sell volume in the market. The challenge with gaps is predicting the time __ time in the market is EVERYTHING.
This chart is still in play, I don't like the fact that the ETF approval, hasn't sent BTC. The weekly chart still show a bearish diversion, we still have 19 days left for the monthly candle if it doesn't close above the resistance... I'm shorting.
I am of the opinion that a Bitcoin ETF will not have a positive impact on the price of Bitcoin. I believe that the price of Bitcoin will remain in the range of 20K to 80K for a long time. From late 2024 to 2027, I anticipate a significant but gradual increase in value.
Bitscoin hits resistance here It is good time to dump it back to 32k here. Price action is similar
Tracking bullish setup on BTC. Hard stop, target 55,000. Estimated time horizon 5 days.
CRYPTOCAP:BTC has hit the 1st 24 target. Volume has been a little mixed lately. Was more buying leading up to the last few days. #BTC RSI & $ Flow indicators are diverging. RSI holding 50 but going lower (middle). $ Flow above 0 going higher (middle). Weekly #Bitcoin trend has been strong. It has been overbought since October. Monthly Not overbought, that's...
The rally in Bitcoin futures has been impressive. But, without question, the rally is showing signs of fatigue. So the question is - are we gearing up for a pullback? Technical Outlook : Concurrent bearish divergence and a declining volume profile is a telltale sign of an impending correction. Why? Put simply, because all of the bulls are already in the...
Following my last post of new creation of FVG on BTC daily, FVG has beed quickly filled yesterday to close gap
New FVG on daily BTC chart appear 45.5K & 46K. BTC Correction start to be defined. Also we can still looking for 51K
As we near the January 10 BTC ETF deadline, it appears BTC is once again picking up momentum after having been confined to range from 40-45k since early December. Whichever way this breaks, I wouldn't fade. 618 of the whole move first level for longs to overcome. CME has its final two gaps en route to all-time high at 51k and 53k respectively thereafter. Third...
GOOD MORNING Don't see an increase in CRYPTOCAP:BTC shorts. With #ETF news perhaps traders do not want to be short. Don't see a #BTC a breakdown, JUST weakening of the RSI during this current move. BUT #Bitcoin keeps bouncing off the trendline, yellow arrow. We also see bouncing off the 20 Exponential Moving Avg, cyan, & the red = TREND strength. As posted...
BTC move on TF 3D, which level will be visited first 50K or FVG on 39K