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...
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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,...
Bitcoin has rejected the 70K area resistance as the pre halving consolidation unfolds. In hindsight, you were better off listening to things like support/resistance LEVELS and price structure rather than all of the social hyperbole going into the halving event. "Buy The Rumor, Sell the News" seems to be what is in play here and usually makes fools of people who...
I am about to share a great piece of information with you that will help you clear all doubts. What would you do if you knew with a high level of certainty that Bitcoin was set to continue lower?
What steps can you take now or in the future in order to protect yourself, your assets, your portfolio, etc., as Bitcoin and the Cryptocurrency market goes...
$65000, $64500 next target in the downtrend, what you say guyss?
The price of the BTC is in the downtrend after recent breakdown in the downtrend direction. Now, the price of the BTC may fall near 65000, 64500 the lower support levels. The Leading coin always has an important value in crypto trading, The price of the BTC watched around the world deeply. So,...
The heiken-ashi uptrend failed in March 2024.
"Heiekn-ashi" means "Aveage bar" and it's a way to smooth out noise of candle sticks. The theory is these will be much more useful for trend following since they will produce less false reversal signals (and it's a good theory, HA bars are great for semi passive trend following).
The general idea is when the bars...
Bitcoin is placed in a large range box and is confidently touching the ceiling and floor of this box
A block order is located near the last point that it returned from there, which can be strongly rejected on its return, and Bitcoin will experience a 50% correction from the new ceiling it hit.
🚀 Breakthrough the Resistance: BTC's Path to $79,500 Post-Halving 💥
Hey Traders,
The FXPROFESSOR is back, analyzing charts and bringing you the latest scoop from the crypto world. After an eventful time at the Dubai expo, it's time to dive back into the world of Bitcoin, especially post-halving.
We've experienced a dip, partly influenced by the global...
Until now, I have been hesitant to label the bigger picture (purple boxes), but everything is making sense now. We had ups, sideways, and now the descent has began.
Using traditional pnf targets, 50k is the target. This aligns with liquidations on most of the top exchanges where most low leveraged users get liquidated.
I will be shorting until something...
Do you like to Dream ?
Do you have ideas well above your "station" ?
How does a near 500K Bitcoin by October 2024 sound to you ?
In 2020, BTC PA broke out of its "Formative triple " Cycles and moved into its " Forever" Channel.
This is a very simplified version of this.
For instance, that orange Arc, is part of a Calculated fib Spiral, formed using the orginal...
Well this is interesting, seems like we may get some exciting news narrative to push us to the upside. This is super exciting considering this is where altcoin season is expected to happen. #utility
BITSTAMP:BTCUSD
I'm looking for wave 4...
Kindly report her to my trade station.
Thank you!
The retracement will start soon --- how ;ow it will go, I don't know.
Let the sell before the buy begin...
Let the test of peoples' patient be seen.
We are definitely paid to wait...
PAYtience does pays... lol
I think that Bitcoin is stabilizing its price and from here, a great buy stop loss can prepare for its main movement, unless something extraordinary happens globally. I am optimistic about my targets for Bitcoin in the long term.
79000/60000/120000/149000/105000/16000/and then falling until the next halving
BTC might drop into that fvg then buy somemore from there. so we expect btc to reprice lower for the following weeks while mitigating that buyside imbalance afterwards we will be expecting it to reprice higher making new highs
just learnt about fractals
bullish momentum for BTC is still very strong as shown by 200 EMA
just a slight correction
trying to predict how much longer this correction will be.
difficult to see what happens next as market is shaky.
based on analysis bullish momentum can return as early as next week but as late as end of May
Bitcoin buy running £5,300+ (150 PIPS) in profit, within the Crypto Fund for our investors✅
Called this move live last night! Hope you took advantage and bought BTC.
I have seen enough to determine that we are headed to a new all time high just like the stock market will see a new high before we head lower. If you haven't seen my idea on the SPX (see the link below). Looking at the BTC on the monthly chart, we can see that it looks like we are doing an expanded flat. As we can see the top in October 2021 was not the "real" top...
