Hello my friends! I am back after a long break. Bitcoin has just experienced it's 4th halving event. I took it upon myself to look into past Bitcoin price movement patterns, looking into how Bitcoin's price reacted immediately after Bitcoin experienced a halving event. I'm primarily using a historical time-based analysis approach. Here are my findings: -...
This is my first post in some time. As I stated before, I'm largely moving on from crypto. I'm still here, paying attention to the market. I've also created a site for my fiction writing. Eventually, I may migrate some of these posts over there as representations of my non-fiction speculative market analysis. Anyway, on to the important stuff. Bitcoin did not...
- Quick update and not a price prediction, just to give a general idea. - Timeframe is only H4 ( and i don't like too much small TF, lot of noise there) - Just to monitor the PA between 72k$ ish and 60k$ ish. - this PA could form a ranging consolidation to the next leg. - if BTC dip again, the next support is around 50k$ ish. - Keep things simples. - I don't...
Hi everybody! Happy to discuss with you the current situation of Bitcoin. Currently, Bitcoin is showing signs of a medium-term bearish trend, based on the descending triangle pattern and the 34.89 EMA showing signs of reversal (signaling a potential downtrend on the H12 chart). . Accordingly, the false breakout of this pattern is pointing towards a clear bias for...
BTCUSD Bullish breakout with divergence on 4H, is it start of a Bullish Trend? Entry, Stop Loss & Take Profit are mentioned.
I see candle closure upside on daily support and going to reclaim the daily support i am long on btc 1hr. targets entry are mentioned from long tool lets watch i am right or not 1:4RR
& correct around $25,000? What does you think? Comment below!
I'm not a financial advisor, and investing in cryptocurrencies involves risks. The Bull flag On the Daily Time Frame on a chart might indicate a potential trend reversal, but it's essential to consider various factors. Tp ~94k$ Invalidation below 59k
Bitcoin will remain in an uptrend with minimum price action and slow days overall. I expect it to continue to look this boring for the next couple of weeks. This is usually the time when people are short and fear a break down even though we have already bottomed. The smart investors are accumulating.
Morning lads, Figured I'd share my view on BTC for the following weeks. There's a chance that instead of a channel, its a descending triangle on the daily, bringing prices to 50k. But Im gonna keep that in mind and hope we move up! This trade would help alts tremendously as well.. Trade thirsty, my friends..
This has been my trade plan so far. Summer 2024 will give us some interesting buy opportunities for the second leg up with its peak at around nov 2024 to jan 2025.
Wave 3 Potential Price Zone $120-150k Wave 5 Will see the price go beyond 250k or more. But its a long term game!
I have now moved back to a net long Bitcoin today at 50 to 65 % The up cycle is due in the window of Now to may 8th Then my work in bitcoin cycle should be in the last an sharp up phase to peak into mid June July 8 th Then I will take the view of a 50 to 618 pullback at a MIN best of trades WAVETIMER
Impulsive Price Action followed by Impulsive Price Action more times than not equals Reversal... This is the end of the Daily Bearish Retracement & now Price should encounter its Bullish continuation. New High's is on the horizon!!!! _SnipeGoat_ _TheeCandleReadingGURU_ #Like #Share #Subscribe #PriceAction #MarketStructure #TechnicalAnalysis #Bearish #Bullish...
It seems that Bitcoin (BTC) is possibly forming a cup-and-handle pattern on its weekly charts.
Hi, welcome to my analysis, Sorry it's been a while since I wrote an analysis due to the Eid al-Fitr holiday. this time BTC dropped and formed a down channel, but we have a Fibonacci support area between 63546 to 62608 and if this Fibonacci support is broken, then the following support will be at level 60211. The bullish target for BTC this time is in the range...
It's a false breakout ⚠️ Do not get fooled #BTC will indeed find a buttom in May at around 50-52k, a little bit more patience is needed here.
BITSTAMP:BTCUSD Bearish Parallel Down Trend, We are Bullish in bitcoin sector, waiting for a buy alert before going long. I personally do not short bitcoin, but for those who are in the business of shorting, a large green dot will be a buy alert.