Narratives: The Halving is not priced in. It's never priced in. There will be no more supply of Bitcoin as the halving will cut the supply in half. A spot ETF represents the new paradigm; inflows never cease. With the ongoing geopolitical events, Bitcoin is considered a safe haven asset. Take profits when an All-Time-High is reached.
Hello, friends! Today, I wanna share with You my short-term analysis of Bitcoin.👇 Note that the price has broken through the purple 🟣 and the orange 🟠triangle. Currently, the price is attempting to test the resistance level 60 000 (the lower triangle line) and it's likely that we'll see a price decrease to the levels of 56,000. If we fail to establish...
I am waiting for a break of structure followed by a retracement and expansion from the order block. DYOR!
A correction is currently underway after the end of wave 3 on the big frame. The first wave we see is flat, and we can see that wave b inside the flat has also gone flat. An unrestricted triangle has a limited number of places it can appear. The location of the diffusion wave based on the theoretical part, and the location of the unbounded triangular...
The largest cryptocurrency in the world recorded its highest levels ever Expected scenario: continuation of the upward trend Bitcoin (BTCUSD) price trading stabilizes around the 70200 level after the rise it witnessed yesterday, and we notice that the Stochastic indicator is showing negative signs that hinder the price’s mission to continue rising, waiting to...
So thats why bitcoin going down, cause BTC price is around 3 strong resistance, sorry for the late update
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...
BTCUSD (H4) : Bullish Bullish now keep eye here to be updated. The price of the leading crypto is in the uptrend and will reach the recent resistance near 73k and I am hoping that the price will cross this Resistance and will go upside near 75k, 80k and so on. NOTE: KEEP FOLLOWING ME FOR MORE ANALYSIS AND MORE INFORMATION ABOUT DIFFERENT PAIRS OF THE MARKET...
Hello Traders ! On The Daily Time Frame: The Bitcoin Formed a Double TOP Pattern. Yesterday, The Price Broke The Neckline ! So, I Predict a Bearish Move 📉. __________ TARGET: 53100.00🎯
#BTC On this chart I highlighted important resistance levels to keep an eye on: 63096 66899 70033 Especially, we may see strong rejection from 63096$, there currently Daily 50 ema is crossing, + FVG levels on smaller timeframes are laying there.
#Bitcoin #Crypto #Trading This chart analysis explores the possibility of Bitcoin being in a W4 correction phase. Analysis: W4 Correction: If the current trend is indeed a W4 correction, it should be concluding around May 4th. Target Correction Zone: The anticipated correction target zone sits around 56k. Oversold Oscillators: Oscillator indicators suggest...
According to the sales orders, we expect to see the price drop from this area to the specified range #btc
The cryptocurrency trend was sharply negative over the past 48 hours, triggering liquidations exceeding $500 million over the past two days. The price of Bitcoin fell below $57,000, to a two-month low, as the Federal Reserve slashed hopes of rate cuts any time soon. Inflation remains stuck at high levels, the Fed’s Chairman, Jerome Powell said, after keeping the...
#Bitcoin is trading at a decisive point. If this support level breaks, we could drop all the way down to $52k. The trend has shifted bearish, but don't forget that Bitcoin is known for making deviations. Historically, May tends to be a negative month for BTC in terms of returns, and we're already seeing the effects within the first two days. Let's see how this...
I see 2 strong bearish patterns on Bitcoin chart on a daily. The price broke and closed below a support line of a wide horizontal range. Within the range, the market also formed an inverted cup & handle formation. Its neckline was also broken. These bearish signals make me think that BTC may easily drop lower. Closest support - 53200 ❤️Please, support my...
#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