The risk-reward on this play is fire of course most of this will revolve round the ETF approval or denial / delay if delayed / denied then can see this happening easily
Hello Everyone! This is an overview of Bitcoin. In my opinion Bitcoin's ETC will be rejected and we'll see a bearish move in bitcoin. This is the details: 10th January 2024 = Start a sharp bearish move to ~$38500 Then go to ~$48500 until 4th February 2024 The main bearish movement will start here and we have our main bottom on 5th April 2024 I'll update the...
CRYPTO:BTCUSD Main Point Trading Method - * Dow Theory * Average True Range * MACD * Stoch RSI * Bollinger Bands * Stock to Flow Model Main View - Well, Last My view was 2 Types Strategy 1 -> if it breaks out to 50K, it was Trap for Mint Channel Strategy 2 -> Re-entering of Sideways As a Result , Strategy 2 was right for last week. This...
BTC on H4 TF, still remains the same but the Weekly closing made a good push and given the close above the structural Resistance. But the thing is, Candle have a large wick on top of it, showing the selling pressure/ Rejection. Marketing is also showing some consolidation now, expected to reach the Major Support Zone now.
An ascending triangle and a GARTLEY has been detected Possibility after the answer of the SEC , to reach the levels mentioneed on the rise , on my graph. A downturn on 35 200 is also possible before the bullish momentum + the ROC in in a positive territory
Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. There is an indicator announcement on Nasdaq today at 10:30 and 12:00. Nasdaq is in a bit of a bad state. There seem...
My dear friends, My technical analysis for BTCUSD is below: The market is trading on 44009 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 43732 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
BTC is likely to dump down to $37k in the short term before taking off
follow for more, a short time look on bitcoin while some facts stated in the video
More bearish signs continue to appear and I am not sure that the ETF will signal a rally. Check out what the indicators say.
The recent price movements of Bitcoin have been heavily influenced by anticipation surrounding the approval of its ETF by the SEC. At the beginning of the year, the cryptocurrency showed promising upward momentum. However, things took a sharp turn when Matrixport's research report suggested that the SEC would likely reject all ETF proposals this month, leading...
The plan is to see BTCUSDT ride some $1600 from here. I have executed this trade on market order. Since there is no bearish or bullish divergence on RSI and an Ascending Channel has also been spotted, which happens to be a continuation pattern. A long position is in place. Pull your stop losses tight.
If we look at what Bitcoin did in the previous cycle just before we entered a parabolic move we can see that we seem to be at the exact same moment in time that is IF! history repeats itself we are in for a hell of a ride! NFA
People who hodl a portfolio of solid crypto projects will outperform the so called traders in 99% of the time. If you accumulated crypto in 2023 because you were following the crypto cycle and ignoring all the fud and noise that is constantly pushed by crypto twitter and youtube you are now sitting pretty. While people that use leverage, stop losses and are...
Btc currently has a clear invalidation for a short setup , price above 45400 is bullish , currently i see it going lower with targets in chart
Correction Incoming! This whole ETF pump narrative sounds too good to be true. I believe the BTC ETF has already been priced in. This Is a Buy The Rumor Sell The News Event.
Too soon... But we have Good Stoploss, so why serious?
BTC is currently at weekly resistance. 1.There are high chances of DUMP to liquidate longs before moving upside. 2.30000-32000 is a good better range for buying for bull rally. IMP:- Market is gonna be volatile due to ETF news, So there are few chances to break upside to create false breakout & trap bulls for liquidity before big DUMP.