As we wrote to you in the last analysis , the growth in the price of Bitcoin is currently driven by strong global reports on its adaptation and investment by large companies. It is this factor that keeps the price still in tension, and even though we have seen a short-term price correction after reaching $ 60K, the price is coming back up again. So what to...
are fractals similar? I think the bull market is not over yet. Check out this idea. You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK...
Scenario 1: If the Bulls can hold the support at $56,500 for the next day then it will confirm Bitcoin continuing along the 25ema finally breaking the resistance around $61,000 and climbing the steep climb to $65k and then a try at $70k over the next week to two weeks. Scenario 2: If the support doesn't hold at $56,500 the next support down is at $55,400 level...
Update 21/03/21: Yesterday the Bulls failed to push the price higher and we had a small retracement down from $59.5k to $55.6 where we found some support of the current price level (-7%). From here the worst case scenario would find us in a key whale accumulation zone @ 78.60% Fibonacci level $52,371. However this scenario is unlikely to play out and as expected...
Hey hey my friends 👋 Looks like we have some relief here Bubbles on chart say everything we need to know 👀
As I stated before, the upward movement we had at the beginning of the week wasn't healthy for the price, so it had to return to its mean sooner or later... This one already happened: And this one is still in play: But now I would say we reach $33k rather than $34k...for now. A stronger bearish move would validate my past idea.
Intraday scalp on the bearish side, will stay BE if price goes to 56400 and decide do bounce I expect price to go near 51k level before it continue his uptrend
Hi dear patrons, hope you are well and welcome to the new update on Bitcoin . Previously we had a good BTC buying opportunity: Now the price action of BTC may complete the final leg of bullish BAT pattern on 12-hour time frame chart. The 50 simple moving average is also moving up to provide support to the priceline of Bitcoin . This has a profit possibility...
-Bitcoin had a great rally this week reaching a new historical high at over $61,000 helped by the U.S. dollar's weakening after the Federal Reserve 's FOMC statement.A corection started droping it's price to $56,000 at the moment of writing, but the daily trend is still bullish with it's next target to over $70,000 -Bitcoin keeps getting attention from big...
Welcome to this quick update guys. BTC is really trying hard to break the 69800 level which is the resistance but getting rejected multiple times. The resistance becomes weaker when it gets hit multiple times. I'll keep this simple IF BTC HOLDS THE $57,576 level in the weekly close, we will be ready for another leg up. The only concern is close below the 53k...
Thought this looked cool Technically is within a rising wedge pattern, which is bearish if we see a bearish move down to the green triangle within the gun, that will be the optimal 'buy the dip' location
THIS IS IT! I personally bought this tiny dip, and I know I'll be thanking my past self in December 2021. Your 2021 actions will determine your 2025 lifestyle. I wasn't born rich, but I will be. Conviction.
all explained in the chart so go check it out!
BTC Monthly Outlook Update from 1st March 2021; 13 EMA crossing up 50 SMA showing strong bullish sentiment as we are about to enter the last week of the month, expect the bulls to come back and to push the price higher. Currently the 127.20% Fibonacci Target ($66,953) has not been tested yet, but we expect some big movement in price over the next few days and...
Here is what I think will play out when the next big correction happens, which still looks like will happen on march 25th. If it gonna play out similar to the previous big correction. We now will have a slow run up to the march 25th if no bigger update or news happen that cause bitcoin to hit the crash line earlier we will still expect 25th be the day we see the...
If we continue to hold the previous ATH - $58350 which is acting as the bigger range high then we should deffo break the current ATH of 61840 Little trendline break attempt also which im sure will see a lot of buy volume added to the market if successful I'm expecting the current ATH to break by Tuesday/Wednesday if we ain't got no major divergences However if...
Bitcoin can reach between $ 660,000 and $ 1.8 million, and is likely to have an epic drop. My guess is that the drop will come due to a coordinated global regulatory tightening as the attempt to smother bitcoin .