on 1H timeframe, FOMC event caused the BTC drop and broke the inner trendline, i'm going to wait for a retest and ride it to 50% fib retracement.
Nice scale in opportunity for selling traders. The market broke the previous up trend by making a new lower low. Now the market is finishing the process of making lower high.
BTC has remained impulsive since early 2023 and with OMH, we should complete our first subdivision, of a long term wave 3 that will last years according to my long term forecasts. Currently we find ourselves in our wave 4 consolidation which I am forecasting once complete and price breaches $49,023, could see prices top in the area north of $51,175. Afterwhich,...
The Wyckoff Method, developed in the early 20th century by Richard Demille Wyckoff (1873–1934), a pioneering figure in technical analysis, which is still widely used and resonates within markets today. This comprehensive approach to trading is based on the relationship between supply and demand. Wyckoff's interest in the stock market materialized at the...
A bullish is forming prior halving event and looks like by the end of the year it can reach 100k.
As I wrote before the weekend, it seems that we have entered the bearish range phase, in which the price will be trading for some time. Such phases are one of the most challenging for all traders, because their trend setups stop working and they have to act in a completely new paradigm. I think this range zone period will last ~1-2 weeks at the current BTC...
Mkt is excellently poised to make a big move to 48200. Momentum is the only factor waiting. Be on buy side and anytime we will see 48200 as all other factors are in place and waiting for momentum to come into action.
A lot of hype, most of us are waiting for the big event of SEC approval, the first deadline should be tomorrow. It all would seem very easy, there is the approval and Bitcoin price goes up, straight up, indefinitely... right? But who would be those that would start buying at this price? retail investors have been placing their bets for a long time already, fearing...
With the exceeding of 43.8k usd which is the maximum achieved last week, an attack on the most important resistances could take place or perhaps directly at the maximums achieved in January, this or next week. The hammer from two weeks ago, which requires confirmation, needs a close higher than this high taken into consideration today, because at that point the...
Nayib Bukele's Re-Election Signals a Crypto-Centric Future El Salvador's President Nayib Bukele has secured a second term in office, reaffirming his commitment to the adoption of Bitcoin ( CRYPTOCAP:BTC ) as legal tender. This political victory comes as a testament to Bukele's bold and controversial initiatives, including the integration of cryptocurrency into the...
Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. Red Finger $43318 after entering short position in the morning I linked it to today’s strategy. 10:30 am Nasdaq...
Technical Analysis: Bitcoin is currently exhibiting a short-term bullish sentiment as it approaches the 45661 order block. The recent price action suggests a potential move upward, aligning with the prevailing market sentiment. Key Levels: Resistance at 45661: The upcoming order block at 45661 is a critical level to watch. A breakout above this level could...
Bitcoin is the first decentralized cryptocurrency. Nodes in the peer-to-peer bitcoin network verify transactions through cryptography and record them in a public distributed ledger, called a blockchain, without central oversight
Morning folks, So, today we take a look at daily chart finally. Last time we've discussed upside bounce that should become the right arm of H&S pattern on 1H chart. Indeed, upside bounce has happened, and it seems that it has become the arm of H&S, but there are few nuances... H&S on 1H chart stands too distorted and skewed to the upside. And we do not want to...
The crypto market has been under the shadow of the FOMC meeting and Fed's decision over interest rates during the previous week. The approval of the first BTC ETF resulted in a high funds transfers between funds, and a relatively smaller portion of new funds inflows into the crypto market. Although BTC will have its moments in the future period, still, for the...
Sideways Movement Above Key Supports: Bitcoin hovers in a sideways pattern, finding stability above crucial support levels despite a bearish weekend. Global Market Caution: Recent US military actions in Iran and Syria introduce a cautious sentiment across global markets, potentially influencing Bitcoin's near-term trajectory. ETF Inflows Highlight Confidence: The...
down we go get ready .... daily \ weekly pinting to mid 30 k btc hold ya hats
Based on Gann fans and 144 Fibonacci numbers Bitcoin will bottom on June 4th around 27000. The 144 Fibonacci bars represent change of direction for long term / intermediate top and other important formations.