Good morning by KR time to you all.
Following showing for your observation gaps in CME:BTC1! chart, that yet to be filled theoretically.
There are four price where exist gaps:
1. 9730 USDT on price drop;
2. 19970 USDT on price drop;
3. 28770 USDT on price rise;
4. 35230 USDT on price rise.
So, please be careful with long hopes on the rope, bear in mind that there...
Going over our Main BTC chart. looking for clues to what the market is telling us and how we want to position for the next few moves & different scenarios.
I will be reviewing Bitcoin using my "Multiple Timeframes / Mutiple Factors" (MTMF) approach,
covering Fundamental Factors like : CoT, Sentiment, Seasonals and Technicals like Momentum, Volatility, Relative Strength.
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RISK WARNING
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There is a very high degree...
We see the possibility of further declines with a flat pattern.
Wave 5 rise failed and closed in a zigzag pattern
We believe that we will break down the low.
Bitcoin futures managed to fid support above $60k before snapping a 4-day losing streak. Bullish momentum increased from GETTEX:64K , and the move lower since appears to be corrective in nature against the strong rally from $64k.
A bullish outside / engulfing candle formed around the 50% retracement level and above Wednesday's daily TPO VAH time price...
we ascended rather quickly, but not quick enough to invalidate the bear case.
most of the bears have gotten wiped out as of me writing this.
a lot of boomers have entered into the market and have an average cost average of 54k.
exciting times, for the new guys,
but it's the same story for anyone who's been around since the very beginning.
pump,...
BTC h&s 61k target 1 conflunet with .618 of 38k>74k, also .382 retracement of 15k>74k, also Feb 21 lows
-Target 2 confluent with Jan 8 highs
-Target 3 confluent with Jan 22 lows and .618 retracement of 15k>74k
Bitcoin has broken the downward channel, but this is more important. If you want to buy, wait until the channel entry corrects. I was looking for buying now in the selling opportunities from this resistance. Good luck.
We see the possibility of an uptick after the flat fall close.
A flat drop would be a larger four-wave
We're looking forward to a five-wave upward rally over the high.
The Bitcoin futures market is showing signs of a potential reversal short-term bearish impulse, with institutional traders accumulating positions in a newly identified accumulation zone. This zone, marked on the chart, represents an area where large buyers have been actively buying BTC futures contracts.
The accumulation zone has been formed after a period of...
My analysis for Bitcoin: The support has been broken. Now it has turned into resistance. Wait for the resistance level. Take a sell deal with the issuance of the news. I am positive about the dollar. Bitcoin will witness a decline. Good luck.
3.19.24 In this video I wanted to show examples of expansion taking into account differences between one market and another. The details are explained in the video.
Market ready to sweep buyside liquidity at 74K.
Expect 75k within 2 week.
Buyzones and sellzones marked.
Range till halving(19 april) most likely.
Range means buy low and sell high.
Stay safe.
U make most money in ranges but need to stop trading before breakout occurs.
Expect breakout to the upside end of april to 100K.
GOOD MORNING
The CRYPTOCAP:BTC RSI is weakening further as it hits 74k.
The closer it gets to 80-100k the more risk rises.
#BTC is due for another correction/consolidation, IMO.
#Bitcoin $ Flow is still decent so, IMO this is not the top.
A)Shows RSI peaked & Selling begins to come in.
EURONEXT:FLOW was NOT strong at all.
B) Volume is light before picking...
There is a possibility of a zigzag drop after the formation of the fall 5-wave.
A short-term upward phase of the B wave could arrive and it will move sideways over the weekend.
