We are at risk of triggering a weekly down trend, which would happen if price breaks under 58k roughly, during this week...
Watch the levels outlined in this chart, we have support where the market moved sharply past an area where everyone wanted to buy but couldn't and then refused to pay up (shown by low volume in the volume profile chart for the last up...
In my opinion, If Bitcoin continues to fall
Very strong green pullback support zone
(around 60,000 to 56,000 dollars)
able to provide acceptable support and guide it upwards.
In this supportive green zone
We see three strong support lines that together
They have formed a three-line super support.
Hello, dear friends! I think many of us were cheered up by a little Bitcoin pump. In fact, nothing unusual, it's seen within the framework of a descending trend. It's very important to monitor the price behavior, which may approach 63,000.
I see several possible scenarios:
📌Scenario 1: The price will rise to 63,000+ and test the descending trendline, then go...
Bitcoin developing a giant cup w/ handle. Handle only dipping 20% with volume falling off a cliff in the handle.
US & HK Bitcoin ETFs push supply/demand equation heavily in favor of longs. Keep it simple.
Measured move is to $300K by 2025
I like simple charts and this one is pretty simple. Lower highs on the RSI and bearish pivot candles seem to point to further consolidation prior to a true ATH breakout and a run later this year. Targets are $60k and if shit gets really ugly, $50k. Hopefully we trade in a nice $15k range for a while and get a great alt season before BTC goes on to the...
We frequently look at the altcoin market and very often look for clues on its dominance and market cap. A historic comparison of alts with Bitcoin's (BTCUSD) Cycles shows that alts bottom after Bitcoin, a lag which is natural considering that BTC is the market leader. Similarly it is possible for alts to rally when Bitcoin is correcting or consolidating.
Using...
I mean its crazy to think of selling Bitcoin
But think of it its been Pumped to all time new highs
investors would likely take profit to enter(buy) at cheaper price
#BTCUSD - H1
📣 Upon analyzing the 1-hour timeframe, with the break of the downtrend around 58541, there is an expectation for the price to rise towards the range of 61000.
⛔ Stop Loss: 56400
On the other hand, with the break of the range of 56400, one might anticipate a price decline towards the range of 54000.
⛔ Stop Loss: 58541
CRYPTOCAP:BTC just printed a "magical" green candle, after a kinda "bearish" upward movement with a lot of divergences. No one was expecting an upward movement like this, and really caught bears and shorters by surprise. The short squeeze here was brutal and a lot of shorters must be in pain.
Anyone could be asking themselves, "what the hell just happened?"....
Just a little price prediction for a bit of fun. I think there will be continued sideways movement up until we see the classic "sell the news" price action once the halvening is here but we'll eventually start climbing through the summer
Very important levels 63 and 67K
I would more pay attention at 67K level.
If #BTC manages to have W close above 67K, that will mean that uptrend continues, and probably we will the PA as on the chart.
Keeping an eye and trading according to RM :)
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:
-...
