Today, Bitcoin price (BTCUSD) saw a bearish correction, trading around the 34 and 89 EMAs, with the current price at $63,597. Here is my trading strategy recommendation for BTCUSD: Strategy: Sell BTCUSD Stop Loss (SL): Set at 65,040 USD to limit risks. Take Profit 1 - TP1: 62,100 USD, where you can start taking profits. Second Take Profit Target (Take Profit 2...
Another on point prediction. You should be getting used to that by now ;) We can do this on any time frame...just as a reminder lol For those waiting on the still image charts, I have stopped those as the 'glancers' become trolls as this miss the context behind the forecarts. So only video market updates from now on. Also, I will make further announcements as...
Bitcoin (BTCUSD) is struggling to break and close above the All Time High (ATH) Resistance having almost completed 6 weeks of sideways consolidation and candle closings below it. On any other occasion, that would be a bearish signal, an inability of the market to find enough willing buyers to push it to a new High. But with BTC's historic cycles this has proved to...
Just a reminder. Bitcoin's Halving is only 3 days away. Historically heavy chop trade took place before the Halving events. Only once (July 2016) did we see a new Low after the Halving. Chances are the correction will be over before the Halving. Do you really want to be holding shorts after that?? Follow us, like the idea and leave a comment below!!
BTC has so far failed to make any of the bullish scenario moves and has recently made a break that may be confirmative of the bear scenario. An Elliot wave based failure of the uptrend would typically look something like this. First big target of 40K for the short. Some bull trap/ chop and then continuation. And it's not just BTC. Everything looks...
Hello, dear friends! I hope You're having a great weekend!🫶 Today it happened! The halving has occurred. The price hasn't reacted yet. And that means that significant movement awaits us ahead! How are You feeling? Will bulls or bears dominate the market? I wanna share with You one of the possible scenarios for price behavior in the near future. What do You...
Hello, traders and investors!🫶 I'm glad to welcome You to my page! Today I wanna share with You a possible key to understanding Bitcoin's movements. In the world of finance, there are often questions about why asset prices behave the way they do. Some seem chaotic and unpredictable, but there is always a certain logic behind them, the main thing is to want to see...
Hello Traders! On Wednesday 17 April, The BTC Price Reached The Resistance Level (61906.27 - 60771.14) and Failed To Break it ! Let's Expect The Bullish Scenario: If The Market Breaks The Lower High (66928.82 - 66337.33) and Closes Above That, We Will See a Bullish Move 📈 TARGET: 70600.00
Bitcoin (BTC) is recognised as the world's first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental...
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...
Hey guys and girls, Here is an updated chart from my (Nov 12, 2023) post As you can see, this is only half of the battle! Further targets: $ 74k, $ 84k, and $ 100k Appendix: Structure: 5-3-5 (Inverted) Bitcoin halving countdown: 49 Days Technical Section: Wave 5 has two different relationships: 1- If wave 3 is less than 161.8% of wave 1 -----> the...
Bitcoin Price Bullish after Halving-2024 On April 19, 2024, a halving occurred in the Bitcoin network, resulting in the reward for the mined block amounting to 3.125 BTC. Historically, after the halving (which is associated with a reduction in supply), the price of Bitcoin heads to all-time highs. But, as Forbes reports, Goldman Sachs analysts warn against...
There is a TUG OF WAR between the BEARS and the BULLS. How do I know BTC isn't doomed yet? Because as long as the BULLS are in control, there will be no bearish reversal. This will be determined in 5 days and 22 hours. I have a HANGING MAN on a one-week TF. It has been confirmed as HM. It has a hidden message and I will unveil it for all of you. 1. Hanging Man...
If the premise of a trend reversal is going to come to pass we need to see rejection of the attempt to trade at a new high. The breakout looks much more promising now but when you look at a lot of tops you find many of them have wicks slightly above the high. I believe these are referred to as "One tick traps" (I just call them stop hunts). If the breakout can...
Good day all, Let me share this here the details will follow later, do you believe BTC have enough fuel to ride towards 90k? Leave your comment below and let discuss. You can find some interesting view here also:
Let's go to the last analysis today, Bitcoin, the price is in a strong upward trend, but I predict that the price will drop a little and reach $55,000 and then $48,000 in the first stage, good luck.
Last week, BITSTAMP:BTCUSD tested the waters at the important 62k support level and even dipped below it momentarily, driven by news regarding tensions in the Middle East. However, after touching the significant 60k mark twice, the price swiftly reversed, signaling a false breakdown. The price quickly rebounded above both the horizontal support and the...
Hello dear traders, we are new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys. BTC Weekly Update. As we can see on the weekly time frame chart, the last time BTC broke a triangle pattern followed by an all-time high, and now on the weekly chart,...