Bitcoin is an invention designed to grow forever as long as we live.
If you see the same vision, don't forget to support the analysis.
I'm releasing UPDATE2 earlier than planned because today the channel reached *666* followers. The analysis is set for long-term updating.
It doesn't matter if the price is 70k or 50k as long as you see the big picture.
The world...
Seems the triangle i posted a week ago was the thing to follow, but we saw a failed breakout, even before the sudden dump we had this weekend. Glad i am still mostly on the sidelines here :).
Long story short, also not sure what it will do, the ABC i mentioned weeks ago (drop to 55/60K), could have finished already with that dump this weekend, but could still...
Hello dear friends trading BTCUSD! Let's discuss and strategize for the new day!
The growth for BTCUSD continues to build. At the time of writing, the cryptocurrency market is trading below the $66,500 barrier. The uptrend is very strong as it is also at a high level with stable trading activity on the 4 hour time frame.
Exiting the downward parallel channel has...
Over the previous month I've spoken a lot about the risk of a failed breakout of the high.
We're now very close to where I think we'd have the first big obvious tells that is happening.
If there's a false breakout of the high, there'll be a rug pull. This is something I've said over and over again.
Rug pulls usually come with bad news, so it's particularly...
Hi Everyone,
BITSTAMP:BTCUSD our last analysis on bitcoin turned out to be in our favour price has been dropping ever since, in our view price can now make small corrections towards 69k to 70k and from there price can drop significantely towards major bearish impulse that will fill the liquidity gap in daily timeframe that price has left behind. Please note...
Hey guys,
Pre-halving drop confirmed!!! Now, we're gearing up for a major rally as local support holds strong.
Check out the chart analysis:
The recent consolidation took shape as a minor abc correction, signaling potential movement towards the 90k zone and beyond. Let's watch this exciting journey unfold together!
Share your insights and expectations with us.
Hello everyone, this is Maximilian!
Currently, BTCUSD appears to have recovered significantly thanks to strong support from investors at the price of $61,000. In addition, the successful overcoming of the EMA 89 moving average has also contributed to promoting the growth of this currency.
Through observation from the 4-hour chart, it is clear that the market is...
BTCUSD is currently showing a promising buying opportunity as it opens at $65,746. Consider initiating a long position at this level to capitalize on potential upward movement in the market. It's important to set a stop-loss at $64,580 to limit potential losses in case the market moves against the position.
For profit-taking, consider setting multiple take-profit...
Buckle up, crypto enthusiasts! The Bitcoin Halving is on the horizon, and the countdown has begun. But here’s the twist - every Bitcoin clock out there is telling a different time for when block 840,000 will hit the scene. It’s like they’re all watching different episodes of the same thrilling show. 🍿
So, what’s the real deal? When will the Bitcoin magic happen?...
BTCUSD continues its downward trajectory on the 1D chart today, as short-lived recoveries give way to more pronounced bearish momentum.
On the chart, BTCUSD is revisiting the EMA 89 line, also approaching a key support zone in this area. There is potential for a corrective bounce from this defensive position, but certainty remains elusive as bears may target this...
Meanwhile BTC might be indicating a disaster ahead.
Nice running ABC flat may terminate right at the resistance formed by moving averages on different timeframes.
Its starting.
My previous analysis were right.
If you want to be profitable in this business, you need to do contrary to the 95% of traders.
When everybody is bullish regarding Halving, Im bearish.
Be smart. Think outside the box. Act like the 5%, not like the 95%.
Buy with the rumor. Sell with the new.
Hello, dear friends! 😊I've been closely watching the Bitcoin chart and trying to find the answer to the question: what awaits us next? 🧐
I intentionally replaced the usual Japanese candlesticks with lines on the chart for clarity, so that no noise would interfere with us seeing what I want to show you. And that's t he triple top pattern .📊
I know many of you...
Hello, dear friends! 😊The cryptocurrency market continue declining rapidly. Of course, Bitcoin is doing the same.🔻
I've shown You on my chart, what we might expect in the next week or two.👇
In the photo ⚪️ below is a typical price movement, breaking out of the triangle downward. Taken from a technical analysis book.📖
I think we can expect something similar....
This means BIG TIME. It’s TOP WHITE NOT TOP BLACK. yellow trend line are equal body lows from volume.
BULLS shows small decline but still aiming big. As BULLS PUSH UP, this will void out any possible crash and will have a long bottom wick to push above and beyond.
MAKE ROOM FOR THE BULL
BTCUSD Trading Strategy:
In the short term, we are observing a continued weakening of BTCUSD, with the price dropping nearly $2,000 in the early trading hours of Friday. Despite some recovery for trend adjustment, scrutinized factors on the chart still favor the sellers.
It is advised to continue selling when the price touches and retests the 34 and 89 EMAs once...
There's not too much room for interpretation left, which is one of the beauty of Wyckoff. You pick up clues along the way, volume, candle size, etc and you narrow it down. The critical point is towards the end of the range, I think we are pretty close to it now.
Could this go to 73k new ath to clear shorts for the real UTAD? Sure it can. Do I think it's likely?...
![BTCUSD.P: Dominant Trend Directional change [UP]](https://s3.tradingview.com/z/Z8AZKIM1_mid.png "Dominant Trend Directional change [UP]")
