Where is bitcoin heading? a retracement or what?? let price and time reveal.
This is my trading plan for the week currently I see $7.60 a good turning point or maybe lower. I am it the thought process that this is a bull run in a bear market and Benner cycle was stretched out by governments intervention I am like Warren B. rn and holding lots of cash. We can most def see 70% corrections from the highs before getting the bounce we...
If you haven't bought BTC in the last retracement area: Now, I believe we are approaching a Double Top formation, one of the most bearish chart patterns!
I am thrilled to share some exciting news with you all - Bitcoin is on the brink of breaking through the $7200 resistance level! This is a significant milestone for the cryptocurrency market and could potentially signal a major bullish trend for Bitcoin. As we all know, Bitcoin has been trading in a wide range for the past few weeks, but recent price action...
Ladies and gentlemen, esteemed investors and enthusiasts, today we stand on the cusp of a historic moment in the evolution of finance. Bitcoin, the revolutionary digital currency, has surged to unprecedented heights, with the potential to soar to a new all-time high of $690,000 per coin. But let us not merely marvel at the numbers; let us grasp the profound...
There is bearish divergence on top of bear divergence on this chart. If one chart pattern gives you a leg up on the market… it is divergence, bearish or bullish. Options expiration is March 27th and I wouldn’t expect the fun to last a day longer than op-ex. It is quarterly op ex which is the most significant and tends to represent the more extreme swings in the...
With Bitcoin reclaiming the $70,000 milestone and the halving looming, the cryptocurrency market is abuzz with anticipation and speculation. In a dramatic turn of events, Bitcoin ( CRYPTOCAP:BTC ) has stormed back above the $70,000 mark, reigniting investor excitement and propelling the cryptocurrency towards its all-time high. With the highly anticipated...
strategic analysis and keen observation of market trends are paramount for success. A critical aspect of this is identifying key support and resistance zones where significant market activity is expected to occur. In the case of BTCUSDT, the main support area, buy zone, and supply area lie within the range of 60800 to 61700. Within this range, both whales and...
Bearish target 58k-61k If we get confirmation candles above golden ratio. It is likely we will test 67k-68k. If we manage to break 68k level it is a good entry for long, likelyhood of testing or even breaking new ATH is high!
Hey guys, this is my prediction from 2021 on Bitcoin. I am expecting Bitcoin to do this play. Resistance lines are in the chart
Hi everyone, It seems like Bitcoin is going to exhaust after a great rally and 50% down move might be coming from here, you all shouldn't be surprised if this executes. It's much needed for the next big leg which will take Bitcoin to $170k. Let me know your thoughts. #Bitcoin
The correction is done in my eyes. Will this be the first wave being wave 5 of 1 and things could get BUCK wild after that!!! You know people will be shorting it as it pumps and they are already shorting it!! NOT FINANCIAL ADVICE!!!!
Pump or dump??? I think we have a lot of over leveraged shorts so I am going to risk it. Might have to drop out and go for 52K. NOT FINANCIAL ADVICE!!!!
Bitcoin chart is showing a large bearish and a smaller bullish H&S pattern, wrestling over price action. Who is going to win? Merely technically speaking I would rather have a bearish bias. This is no trading advice. I use this platform for CMT training only. Cheers!
Bitcoin experienced a significant drop this week, with prices dropping as low as $63k at the time of writing. This idea brings some perspective to the situation. The chart contains the percentage of CRYPTOCAP:BTC holders in profit over time. The red boxes highlight prolonged periods where a vast majority of Bitcoin holders are in profit. These periods are...
Straight to it, so we have been in a correction since the ATHs, Correction since 11 march to 17 march, We have seen a correction cycle extended, resulting to a WXYXZ, now expecting the bull cycle to continue with 67K the entry price for long orders and those accumulating then can buy and HODL, which would see us landing at 80K or above. NFA as always.
The Basics of Bitcoin's Analysis As we approach the anticipated fourth Bitcoin halving on April 15th, 2024, the mining of Bitcoin’s 19,656,962nd coin is a testament to the network’s enduring strength, bringing the circulating supply to 90% of the total. The ‘rainbow chart’ remains a popular model for visualizing Bitcoin’s logarithmic growth and its cyclical...
If you haven`t bought BTC Bitcoin before the rally: or in the Buy Area of the Massive Head and Shoulders Bearish Chart Pattern: Then using the Fibonacci Retracement tool, I believe there will be a new buy opportunity in the $59000- $61000 range!