cryptoonchain

cryptoonchain

Bitcoin shows RSI Negative divergence below the 200-week and 50-week moving average resistance. This can be interpreted as a reversal pattern below the resistance

cryptoonchain

At $24,000, Bitcoin is facing 2 important resistances on the Renko chart. Swing area resistance and EMA 20 bricks resistance

cryptoonchain

At $24,000, Bitcoin is facing 2 important resistances on the Renko chart. Swing area resistance and EMA 20 bricks resistance

cryptoonchain

For the first time in Bitcoin history, the 50-week moving average is crossing down the 200-week moving average. This crossover is referred to as the death cross. It is still early to confirm this crossover, but if it is confirmed, the signal is that Bitcoin's fall in this cycle will be deeper than in previous cycles.

cryptoonchain

For the first time in Bitcoin history, the 50-week moving average is crossing down the 200-week moving average. This crossover is referred to as the death cross. It is still early to confirm this crossover, but if it is confirmed, the signal is that Bitcoin's fall in this cycle will be deeper than in previous cycles.

cryptoonchain

The following conditions are a hypothesis. Look at the conditions below. Is a deeper downtrend ahead? 1- The 50-week moving average crossed down the 200-week moving average for the first time in Bitcoin history - a crossover that could indicate the depth of the bearish trend compared to previous cycles. 2- For the first time in its history, Bitcoin lost the...

cryptoonchain

The following conditions are a hypothesis. Look at the conditions below. Is a deeper downtrend ahead? 1- The 50-week moving average crossed down the 200-week moving average for the first time in Bitcoin history - a crossover that could indicate the depth of the bearish trend compared to previous cycles. 2- For the first time in its history, Bitcoin lost the...

cryptoonchain

According to the on-chain data of Intotheblock, the ratio of the percentage of addresses in loss to profit is equal to March 2020. This is when Bitcoin was at its bottom in the previous cycle

cryptoonchain

According to the on-chain data of Intotheblock, the ratio of the percentage of addresses in loss to profit is equal to March 2020. This is when Bitcoin was at its bottom in the previous cycle

cryptoonchain

The Onchain data of Glassnode and IntotheBlock show: 1- The number of transactions has increased 2- The total on-chain volume has decreased 3- Reatal assets have increased 4- Whale assets have decreased These data confirm each other and show that the recent price increase was due to the activity of the retailers and so far the whales have not shown support for the...

cryptoonchain

The Onchain data of Glassnode and IntotheBlock show: 1- The number of transactions has increased 2- The total on-chain volume has decreased 3- Reatal assets have increased 4- Whale assets have decreased These data confirm each other and show that the recent price increase was due to the activity of the retailers and so far the whales have not shown support for the...

cryptoonchain

have already talked about the formation of the Right-Angled and Ascending pattern and the possibility of price reduction (check the link below): Now Bitcoin broke down the support level of RSI and the Right-Angled and Ascending pattern. The first target will be around $20,600

cryptoonchain

I have already talked about the formation of the Right-Angled and Ascending pattern and the possibility of price reduction (see the link below): Now Bitcoin broke down the support level of RSI and the Right-Angled and Ascending pattern. The first target will be around $20,600

cryptoonchain

It seems that this cycle is different from all previous cycles. There are two reasons for this. One is the loss of the 200-week moving average support and the other is broke down of the trendline support that supported Bitcoin since 2013. It seems that the recent price increase is also a pullback and a retest to this Broken trendline support

cryptoonchain

It seems that this cycle is different from all previous cycles. There are two reasons for this. One is the loss of the 200-week moving average support and the other is broke down of the trendline support that supported Bitcoin since 2013. It seems that the recent price increase is also a pullback and a retest to this Broken trendline support

cryptoonchain

Bitcoin is above RSI support in the daily timeframe. On the other hand, Bitcoin is below several resistances. If Bitcoin loses the RSI resistance, we will see the price drop

cryptoonchain

Bitcoin is above RSI support in the daily timeframe. On the other hand, Bitcoin is below several resistances. If Bitcoin loses the RSI resistance, we will see the price drop

cryptoonchain

Bitcoin is below the TD resistance. Meanwhile, the TD countdown is not yet complete. The resistance level of TD coincides with the resistance of the 50-week moving average.