mathewsverghese

mathewsverghese

BTC is in red again and hovering around the USDT 16000 to 16500 region. Huge buys are to be expected at these levels if there is interest. If so, the price could see an upswing in the new year. In light of the halving, we may see the accumulation of BTC at these levels throughout the year, which may bring the price to the USDT 20,000 level. If not, the price could...

mathewsverghese

BTC ranging between 19000- 19500 with resistance at around 19400. There does not seem to be a move up or down and we may see it range around this area for a while. The long it ranges, this area will become support.

mathewsverghese

So far decemebr has been less than expected. The 46.5 level has held up for BTC and we have seen a small bounce from it. with a small engulfing candle on the hourly, it may see if things are going up again. However, it mst be kept in mind that 52 K level has been a strong resistence. The options expiry tomorrow will also prove to be crucial. We may see BTC within...

mathewsverghese

Between the ranges of 46.4 K and 49.5 k, BTC has been moving for many days now. It has touched the lower end of the mentioned range thrice and bounced but unable to break the upper limit of the mentioned range. Heading into Friday, with options expiring looming, the bears may have a huge say, with prices being volatile and dips offering buying opportunities. A...

mathewsverghese

BTC has been in red for quite a while now.. While it has touched new lows, in the long run, we may see it go up. In the short term, we may see it between 45 K- 47 K. By the end of Dec, we may see it around 55K- 60 K. For now, further downside could happen and therefore, it may be a good idea to have buy orders in the range of 42 K - 46 K. Volatility will be...

mathewsverghese

BTC is in a falling wedge in the 4 hr time frame. Though this is a bullish sign, we could see a small wick to 54- 55k and some chopping around between 57- 58K before breaking out and moving up. For now, its a good time to add on to existing positions esp with volatility expected.

mathewsverghese

A break out for BTC could hapen as there is a bull flag which has formed on the 1 hrly chart. This could result in the price breaking through 66300 K.

mathewsverghese

BTC is lookign bullish and has to break above 66300 K. If we move past this resistance and make it into support, we may see a push up to 65- 69K levels again. 70 K may act as a psychological barrier but one can be broken.

mathewsverghese

DOT has been following an upward trend. With the upcoming para chain auctions, we may see a new ATH. I expect the price to go up and cross 57 and may even cross USD 60. Once it crosses USD 60 it may go into price discovery and time will tell how high it will go before the sell the news happens.. DOT has a lot to go up to. However, in the short term am looking at 60+.

mathewsverghese

BTC has reclaimed its 60K - 62 K area ... the price over the weekend may be between these levels. It may also touch the 62300 K levels before it bounces back up again..Volume is not so good., therefore, i dont expect any big moves to the upside. Some sideways movement will also help consolidate around this range. The next big resistance may be at 67 K and then at 70 K.

mathewsverghese

BTC went past its previous ATH and established a new one..I fell that we may see it move around the 64- 66 levels till Sunday before it makes another move up.. The NeXT move may be at 68- 70 k and then a push up to 74- 75 K... However, we may face resistance around 68 k and some psychological resistance around 70 k.

mathewsverghese

BTC held above 60 K over the weekend with a small wick to 58K for a brief while. It is currently facing some resistance at 62400 K. It my move sideways till news regarding the ETF is confirmed. Such confirmation may result in the nest leg up to the ATH . Today, we may see BTC between 62k and 62.4 k..

mathewsverghese

BTc may move between 53150 to 54800, marked in the chart for the NeXT few days. We may also see a drop to 52 or even 50 k to recheck the support. This is not a bad thing as those who want to fill their bags for next trade can do so. If so, we may see a leg up to 58 K..

mathewsverghese

BTC broke through the 50 k level after testing it numerous times. It also went all the way up to 51.5 k almost..we are now around the 51 k level.. we may move sideways making this level into support. The BTC D is high. Therefore, we may not see many alts take of for now.. BTC is likely to consolidate around this range now.. However, we are in the uptrend but a...

mathewsverghese

With the end of a bloddy September and a great start to October, expectations are high. October 1 did not disappoint and yday we saw a break out to the upside where the price touched a bit above 49 K tking the alts with them. However, being the weekend, we can now see a small pull back of the price. The 0.618 in a trend analyzes on fibonacci is marked in yellow....

mathewsverghese

BTC is still bouncing between 42k and 43k .. We are not seeing too much volume especially when green candles do appear. 44500 - 44800 is acting as a resistance now. To see any upside, we will need to see a break of this resistance area. For now, being the last week of september, lets hope it doesn't wick downwards violently .. There is a high support aorund the...

mathewsverghese

BTC went to new lows and now seems to be goign up. However, it is best to take this with a pinch of salt. It may be on the basis of the news of both the FED not curtailing the monetary policies and also the Evergrnade positive news. BTC needs to break through the 44300 and convert that into support if we are to see a reversal. With weekend coming, and low...

mathewsverghese

BTC dominance went up yesterday which pulled down many alts.. The price of BTC also went down.. We are still trading in the range showed on the chart. I expect that though it is going up, being the weekend, we wont see much movement esp as volume may not be there.. We may still see it trading in this range.. Like previous weekends, we may see more upwards movement...