The price of Bitcoin is currently making another attempt to rise. However, we are sticking to our primary assumption that our same-colored Target Zone (coordinates: $58,655 - $47,012) should be reached first as part of the green wave 4. As soon as the low is established, the price should then rise above the resistance at $73,462. If this level is exceeded earlier,...
This analysis might look pretty crowded but actually there is simple logic behind this. After each bearish season place "Fib speed fan resistance" from top to bottom. We can observe there is no bearish scenario after we break 0.75 blue fan line. There might be red weeks but after all its end with bullish scenario. End of bullish scenario can be found from Pi Cycle...
I am not going to do some up down bullshit prediction as I’m not interested in short term trading for BTC. Simply holding until the Pi cycle top should earn traders plenty. Those interested in calls or puts should look into BITO or BITI. BITO $30 calls with march expiration look solid.
As Bitcoin continues to dominate the cryptocurrency market, its recent price movements have caught the attention of investors and analysts alike. Over the past few months, Bitcoin has shown a significant increase, with a surge of over 100% year to date, and a notable rise of 9.8% in just the past week.
Despite reaching a new peak above $73,000 in March,...
Hello everyone
Maybe I should have waited and see what will happen but I really want to give you all of my ideas.
BTC is in wave 4 (The worst corrective pattern) and so we should wait to get a reliable confirmation to get in.
This idea is not very strong but just keep it in mind.
One of my annoying problems is that Altcoins do not have much more chance to...
Looking at the macro view on BTC price action one could say that it is the most bullish asset class in history and it is folks.. it is.
Think long term with this and stop daytrading getting wrecked on chop.
I think BTC is building a strong base, now the price tapped to the external liquidity and if we get a pullback to the internal liquidity - D1 FVG. I will be looking for the lower TF confirmation for the entry with potential targets on ATH but !! Still, watch out for FVG which takes it down back to the consolidation.
Always follow these rules
- Accumulation /...
ATH (All Time High) - Needs to break $73500 with a strong candle and move away from the range.
To consider any new upside movements.
Otherwise, other potential opportunities on the downside.
Not Financial Advise, just my own opinions and thoughts
A final leg down towards 58k is awaited before we consider any bullish scenario on BTCUSD. The analysis is from a system called D waves. this is not a financial advice.
Technical Analysis and Outlook:
Bitcoin surged in this week's trading session as projected. The coin slammed through Mean Res 64000 and rests comfortably at Mean Res 66900 as of this writing. An intermediate pullback is anticipated, expected to pave the way for a renewed Bull Stage movement, with targets set on the Inner Coin Rally 69800, Key Resistance 73200,...
1. Breakout Strategy
Enter a long position if ETH breaks through the resistance level or the previous high, indicating a potential bullish trend continuation. This strategy capitalizes on the momentum of a breakout, aiming to ride the upward trend.
2. Retracement to First Base Strategy
Consider entering a long position if ETH retraces to the first base or the...
BTC bulish move predicted but after a little bit pullback as per price action. Ops Sentiment also provides bulish surge as per my prediction and openion.
It is expected that the price will change the trend in the current resistance range and continue the corrective trend.
If the price crosses the 78.6% level, the continuation of the movement will be according to the blue path
The point of this chart is not to look at future peaks, although we will touch upon it. The point is to take a dive into the indicator called the BTC log regression {Rainbow Dark} that is based on the Fibonacci sequence and the possible transition to the lower band from the top band.
Bitcoins entire history has been on the upper band of this log and in...
I see formation of pole pattern in bullish trend.
I didn't observe formation of any divergence
Therefore, I propose a bullish continuation trade
Buy Stop Details as well as Projection is marked
We just completed a third market correction in BTC for this bull cycle. Seems it's the new norm. Used to have 30-40% corrections before the ETFs launched. Now we're lucky to get even 22%, but that's fine. A short-term dip can present the buy opportunity that many need right now, those who were sitting on the fence, hoping for a drop to the 50k region. They better...
