In order for me to continue holding my Long position from $61,800 I would want to see a flip of support into the point of control being $66,000-$68,000. Not a rejection or below the point of control I am watching the price action closely.
In this technical forecast, we delve into the darker recesses of Bitcoin's potential price journey. We observe a concerning configuration on the BTCUSD chart where the currency is currently grappling with critical support levels.
Current Dynamics:
The price has recently retracted from a peak, teasing the possibility of a significant downtrend.
A descending...
looking to take an entry for shorts once liquidity has been taken from london, entering on lower time frames targeting the 4hr imbalance and everything else below .
My Dear Crypto Robbers / Traders,
This is our master plan to Heist Bearish side of BTCUSD Market based on Thief Trading style Analysis.. kindly please follow the plan i have mentioned in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area market is oversold at the level Bull Robbers/Traders gain the strength. Be safe and be...
Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
60K seems to be the next most likely support level on the weekly chart for Bitcoin/USD. After that 48.5K - 51.6K next most likely. And lastly, a bounce from 38K highly unlikely, yet possible.
This is highlighted by
Technical Analysis:
(Tools: Volume, Ichimoku Clouds, Fibonnaci Retracement, Support Lines.)
the Fibonacci retracement levels of Swing Highs...
The long awaited BTC halving took place early Saturday, where 840.000th block was added to the blockchain. BTC`s volatility in price was widely expected, as it usually occurs during times of halving, so the same occurred this time. The price of BTC dropped down to the level of $60K, however, the whales used this opportunity to buy the dip. As news is reporting,...
Dear traders,
after the video I add a graphic representation of the next bitcoin movement.
I would like to share with you this analysis on Bictoin as I expect Bitcoin to fall to around 53,000. At the moment, Bitcoin can't hold the outer or inner lvls and there is a moment of polarization, or near-term drop into the next range.
This opens up a lot of trading and...
Bitcoin halving is here, an event expected to raise the curtain on the next market cycle. There has been a lot of turbulence in the market of late. Events such as flows from exchange-traded funds (ETFs) and tensions in the Middle East between Iran and Israel have sent traders into their shells. However, there could be some relief in the market after Iranian...
Hello traders.
Here's my simple analysis for current week Only.
Let's try to compare US market and BTC.
- On the charts I see that BTC traders are more positive than US market.
- It seems to me that they are trying to predict and overtake the movement of the stocks.
For example, this Friday, the Index met good resistance and Monday morning showed a...
Don’t rush any decisions, don’t fomo here.
If you managed to short from above 71k just hold and wait.. make it rain
Looking to long, be patient and wait it out
despite being a very biased analysis, there is a certain foundation above the cup graphic pattern formed, we can also observe that it will first need confirmation of formation and break above to seek the target, if it does not form the graphic pattern, there is a serious risk of falling.
Do you want a simple gameplan for BTC? 🤔
If we breakout the range then Bulls in driving seat 🏎️
If we breakdown the range then bears in full control 🐻
Boost!
👇
Weekly Bitcoin Analysis As we can see, the price is moving and following the inner hexagonal shape. This shape is one of the price patterns that William Delbert Gann used to use. We notice that the price is moving within the price channel of the shape and often adheres to the squares of price and time movement. Therefore, there are upcoming weeks of utmost...
Current Bitcoin ( CRYPTOCAP:BTC ) price action suggests a descending channel formation, with notable support around the $60k mark. Analysis indicates the potential formation of a descending triangle pattern, where the lower boundary aligns with the $60k support level. By projecting the triangle's peak downward, strong support zones emerge in the range of ...
