Let me begin by wishing everyone in the TradingView community a Happy Thanksgiving! A day of joy, gathering and happy family moments!
Aren't you curious to see where the price of Bitcoin (BTCUSD) was trading on this day in the previous years? If so, have a look:
Hello, folks! If this is your first time reading one of my ideas, welcome, hope you enjoy it. If you are a regular visitor of my ideas, thank you!
Let's discuss the fuss around Bitcoin Exchange-Traded Funds (ETFs). With 8 Bitcoin ETFs awaiting regulatory approval, decisions are anticipated between January and March 2024, let's consider how this could shake up...
Let's start with a question: Do you agree with the title of this trade idea?
" Bitcoin Is Headed Towards $180,000!!! "
Do you agree?
The Bitcoin network went live January 2009, after a major financial crisis... It has been growing since. Both, Bitcoin the network as well as bitcoin the Cryptocurrency.
➖ What does the future has in store for us?
➖ What does the...
Bitcoin is in the channel as well as the ascending triangle, which could very well push the price up. If the price can break the triangle, the price will easily reach 40k
The price is in the ascending channel.
The price is in an ascending triangle.
🤑Stay awesome my friend.
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Following our recent Bitcoin (BTCUSD) Thanksgiving study on the trend-line angles, we decided to expand it a bit further and apply a similar reasoning on the RSI, this time on the 1M (monthly) time-frame.
The result is more than informative as, with the additional use of the Fibonacci Channel levels for better display, we see that from bottom to top, every Cycle...
As you can see, according to the previous analysis, Bitcoin corrected up to ($35,600) the support range that we talked about ($34,100 to $35,500) ! and after that it was again accompanied by demand and was able to finally grow above $38,000. The price is currently trading in the range of $37,900, and if it stabilizes above $37,990, we will probably see Bitcoin...
Bitcoin's been testing our patience at the $38K zone, but it's clear: the bears are itching to drag it down to lower support levels where every attempt to breakout from $38K has been surpassed (even strong liquidations). Now, with all eyes on the upcoming Halving in April 2024, we're on high alert for market maneuvers.
History's got a way of repeating itself, and...
First What’s a Halving ?
- A halving is an event that occurs in certain cryptocurrencies, such as Bitcoin, where the reward for mining new blocks is reduced by half. This event is programmed into the cryptocurrency's protocol and happens at regular intervals, typically every four years.
The purpose of a halving is to control the supply of the...
If we examine BTC's chart history, following its all-time high (ATH) in 2019, it took 81 weeks for Bitcoin to reach 13880 (0.618) Fibonacci.
Subsequently, there was a significant correction lasting until October 2020.
A similar pattern emerged after Bitcoin's ATH in November 2021, where it is currently in an upward trend.
In my analysis, there's a likelihood of...
Since the start of the week, the big talk in the cryptocurrency market has been about Binance and its CEO, Changpeng Zhao. On Tuesday, the U.S. Securities Exchange Commission announced that the CEO of the largest crypto exchange in the world pleaded guilty to a federal charge involving money laundering. Simultaneously, Binance admitted that it had not implemented...
Bitcoin range is confirmed between 35K and 38K (see blue rectangles on chart). As I went over in my previous article and stream, assign probabilities to these levels UNTIL one of them breaks. Since the broader trend (price structure) is still BULLISH, the resistance area (38K to 40K) is favored to break while the 35K support is more likely to hold. Using these...
Our Bitcoin analysis has played out perfectly. In November 2022, we posted a setup indicating that we were ready for a breakout. We got a breakout and we are still pushing! Currently at 145% gain.
We had another setup in September 2023 where we identified a correction. The correction broke out and we are seeing gains of 50% so far!
We expect a minor correction...
With markets being greedy and prices being overbought, we are not seeing much bullish movement here (at least not for long). We are still seeing signs of turnover; the only question is, when?
As the surge of the $40K zone is increasing and it is acting almost like a magnet, there is a chance of having a shorts squeeze near this zone, but as soon as we reach it,...
Hi Everyone! BTCUSD is in a somewhat similar situation to ADAUSD; in that we may not have found bottom just yet on this pullback. Unfortunately, market conditions changed since my previous publication pointing out "potential" to go up to proximity of $40,000. I posted an update in the description of that publication pointing out a change in market conditions...
COINBASE:BTCUSD looks confident enough to continue its growth. The fundamental background and market expectations continue to support high interest in the flagship of the crypto market.
Bitcoin practically does not react to the news related to the Binance case, the local decline was quickly bought out and the market performs another retest of resistance,...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.