Hello Traders and Investors, today I will take a look at Bitcoin . -------- Explanation of my video analysis: For more than five years Bitcoin has been trading in a solid rising channel formation. We saw the last retest of support in 2022 which was followed by a bullish reversal on the smaller timeframes and an incredible rally of 300% towards the upside....
The Ethereum (ETH) to Bitcoin (BTC) ratio has been on a downward spiral, recently dipping to 0.046 – a level last witnessed in April 2021 and briefly revisited in April 2024. This significant decline underscores Ethereum's current challenges in maintaining its position against Bitcoin's ever-growing dominance within the cryptocurrency market. Over the past year,...
Bitcoin, the world's leading cryptocurrency, has experienced a volatile period in recent months. However, a technical indicator on the weekly timeframe is sparking potential buying opportunities for long-term investors. This indicator is the Stochastic RSI, and a recent or upcoming bullish crossover could signal a reversal in the downtrend. Understanding the...
Perfect setup shared last week. Bitcoin has followed perfectly my ideas, and it's pumping hard. On lower timeframe, you can see it has break above trendline, and it's performing a nice range that could lead to a continuation of the pump
Bullish scenario: $64000 is broken and run to $72000. If $72000 is broken, a bull flag formation occurs and 100k is reached. Bearish scenario: Rejection at $64000 and break of both price action support and moving average level at $60000. It drops up to $52000. Since it recovered quickly after the decline below 60k at the beginning of May, I think the bear...
Given that the JP Macro Trend script integrates DeMarker and momentum indicators and now includes the OBV data, we can refine the analysis and attempt to outline a more informed probabilistic outcome for the short and longer term. However, it's important to note that probabilities in market analysis are inherently subjective and can vary widely depending on...
we have a displacement after taken sell side liquidity and retest FVG so we will see a expansion to taken liquidity buyside at 67319 - Tading is probability control your risk management. Good luck !
Buy low. Sell high. All-Time High. #Bitcoin I'm anticipating a #Bitcoin pullback into the end of May. Get close to RSI oversold condition - maybe touch the 30 lower level on the RSI - and then a quick reversal as #Bitcoin resumes its Bullish narrative towards ALL TIME HIGH. It's a great time to be alive. I for one, will be partying as we ride the rocket into...
#Bitcoin Monthly Chart After the breakout of the previous all-time high, BTC is currently retesting it. The most possible scenario for Bitcoin, in my opinion. What are your views on this chart?
Hello Traders and Investors, today I will take a look at Bitcoin. -------- Explanation of my video analysis: More than 4 years ago Bitcoin created a nice bullish ascending triangle formation and broke out above the resistance. This breakout was followed by a +270% move towards the upside. Currently Bitcoin is once again creating a similar ascending triangle...
Based on the analysis of technical indicators on BTCUSDT chart, a potential price increase can be anticipated. Currently, the Money Flow Index (MFI) is at a low level, which may suggest an undervaluation and a possible trend reversal. At the same time, the Average Directional Index (ADX), which measures the strength of a trend, is showing growth, signaling a...
FTX customers to get money back: Lawyers for bankrupt crypto exchange FTX said customers will receive the funds lost when FTX went bankrupt in November 2022, plus interest. The payout will likely take months and still requires approval from a bankruptcy judge. Regulator cracks down on Robinhood: The SEC has issued a Wells Notice informing the crypto arm...
I am confident in my analysis because it is a fact. If you think otherwise, you don't know what you're doing or you believe those who don't know what they're doing. See you at the top, my friends. PS Don't forget to SUPPORT and FOLLOW the analysis if you like MoralDisciple more.
BTC has been very good at following cup and handle formations the last few years. Cup 3 seems obvious... if we see an upward break from the handle it will be practically certain.
The 4-hour chart for BTC/USDT provides an excellent perspective on the current market dynamics, highlighting potential trade setups based on technical analysis. Key Resistance and Support Levels: Resistance 1 (R1): $6,729.71 - This is the immediate resistance level which the price needs to breach to confirm further bullish sentiment. Resistance 2 (R2): $7,384.73...
Bitcoin just entered a possible reversal point where we could see a fast pullback. This is a strong support zone, and on H4 you can clearly see an unbalanced zone, a classic FVG. Usually I like to see the fair value gap to get closed before entering a trade, so the best entry point for a long in my opinion is the low of the black box I drawed. I'll keep you...
Bitcoin just entered a possible reversal point where we could see a fast pullback. This is a strong support zone, and on H4 you can clearly see an unbalanced zone, a classic FVG. Usually I like to see the fair value gap to get closed before entering a trade, so the best entry point for a long in my opinion is the low of the black box I drawed. I'll keep you...
Here i show two years after my last post on Bitcoin where my Minds where spot on - backed up by trades. I'm buying here, def focusing on Alts. Bitcoin will peak at around 130k-165k. 2017'esque BR. This is the last ATH for the next eight years. I stand by my words.