It is much important for the bitcoin to hold the 62000 support area.
if it hold that support we gonna see some consolidation here between 62k-69k then the target will be 75 k ,
Otherwise if it breaks the 62k support area we gonna see more deeper correction
trade safe
and follow me 😄
Keeping an ear to the ground for contagion as we enter into buyers territory.
Expect FTX noise to reach extreme levels. They are getting exactly what they were due in my books, you can keep it going as long as you have confidence and liquidity available. They were not trying to build the decentralised world - they were trying to get rich, and then when not...
Each time BTC makes a new all time high there is a substantial drop in BTC Dominance.
Trend line on dominance also showing potential for rejection here which would imply alts bode well in the near future.
There is no clear breakout on BTC yet...
Also note that the drop in dominance is less each season and has a technical floor of 38% as target.
BTCUSD presented the resistance manipulation module. I don't think it will just start dropping out of nowhere because I assume a lot of people started getting into shorts. I think it will either take the early sellers out first and drop or just continue going up.
What do you think?
#BTCUSD.. market blast from bottom and placed a high near to his life high,
now a channel is very pretty visible if it will done then drop expected otherwise upside areas are mentioned.
keep close and manage accordingly,
good luck
trade wisely
Hello Dear Traders.
1ts of all i know how many of lines this has and it hurt the eyes to see !
but! you shouldn't look at the big picture, Just zoom to the Present price and look for Price action around the lines!
i could have simply zoomed it but for anyone wants to see how price acts with the lines observe it your self.
Horizontal lines are Gann Levels Created...
Welcome back,
some times it's nice to just browse through the charts and find interesting patterns. There is no guaranty that chart history repeats it self, but, there is a chance to. In this chart I'm observing a pullback to 20k-30k area for the bitcoin in case the ETF approval which everyone is waiting for within the start of 2024 will be a sell on the news...
Don't use leverage, kids.
Yesterday's candle saw a top near $69,300, breaking the previous all time high... then a drop to $59,300, liquidating SEED_TVCODER77_ETHBTCDATA:1B in leveraged positions.
We have $10,000 candles. In a day. And price has bounced back to where it was yesterday at this time.
Be careful out there, remain in your spot positions, don't...
"Reflecting on the recent BTC price movement, my earlier prediction of it not hitting ATH before the halving proved incorrect, as it soared to 69200. Although I missed the long opportunity after exiting in the 46k range, I don't regret not participating in the Bull Run. I maintain confidence in an impending market correction, anticipating the opportunity to buy...
Hello ladies and gentlemen
BTC is nothing is tool to give liquidity back to usd , Now what where we are heading, we see the decline from current price to between 40 to 55 K price one big red candle just started now
get full price drop advantage
Hello everyone!
We are approaching a global high.
I expect liquidity drain and further fall to the big fvg formed at 1 month
In this month we will see the formation of a reversal formation and the beginning of the depreciation of the asset!
Also globally volumes are showing at fvg 1m - good indicator!
After Updating the Historical High, the Price of Bitcoin Collapsed by 14%
Bitcoin's previous all-time high price, recorded on November 10, 2021, was around USD 68,900 per coin (depending on exchanges).
But yesterday, the price of Bitcoin exceeded 69k! However, the jubilation from the new historical peak quickly gave way to fear — as the BTC/USD rate began to...
The combination of yesterday's Super Tuesday with Trump and Biden again at the top of the list, together with Jerome Powell's announcement, generated a significant rebound in both gold and Bitcoin against the US dollar. The hamburger country's indexes experienced a notable drop caused as we say by the Federal Reserve announcement, which caused a rebound effect in...
I posted a chart in Sept 2023 about a potential scenario of bitcoin hitting $56k, this is when it was trading at $25k. Now on the weekly I've spotted a similar potential of a cup and handle.
There is no handle as yet. The ETF money that's flowing into bitcoin right now could just drive this up without the handle, or we could drop back some to form a handle, as...
Yesterday's trading, BTC and ETH gave the 64,000 region and 3759 region current price multiple orders, successfully stopped the profit of 65000 region and 3800 region, then the US trading time again gave the current price multiple orders, 5 minutes to reach the profit target, the price appeared after the morning, a small catch short, or the profit left, then...
