Yes it is not April Fool's, Bitcoin (BTCUSD) just closed a record 7 straight months of gains for the first time in history. Since it's inception, there hasn't been an exchange where BTC made more than 6 bullish monthly (1M) candles in a row. What started in September 2023 as merely a hold and bottom formation on the 1M MA50 (blue trend-line), eventually evolved...
Hello,Traders! BITCOIN is trading in an Uptrend and the coin is Trading above the key Support level of 68,8k$ So we are bullish biased And we think that the coin Is accumulating for a Further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Bitcoin continues to flirt with the 70K resistance zone (blue rectangle on chart) and has followed the first leg of my previous chart illustration. With the halving coming very soon, there continues to be over exaggerated claims of Bitcoin "going to 100K by next month" nonsense. Again stop listening to people, LISTEN TO PRICE. Let me explain some scenarios to...
Bitcoin (BTCUSD) is currently repeating on its 4H time-frame a fractal of S&P500 (SPX) on its 1W time-frame. As BTC is pulling back towards the 4H MA50 (blue trend-line) and a Bullish Cross is about to be formed, the symmetric development on the S&P500 fractal indicates that this Bullish Cross should be treated as a Buy Signal. On S&P500 it started the aggressive...
Bitcoin has peaked in the 73K Area which completed the 5th of the 5th wave. I specifically mentioned this in my previous article when I said "THE PARTY IS OVER". If you were fooled by the internet hype, you can only blame your own greed. Markets don't unfold in straight lines, they unfold in cycles and now we are in a corrective one. Let me explain what I am...
Bitcoin is on a Bearish Megaphone, so far supported by the 4h MA200 and with the 4h MA50 as Resistance. The pattern is targeting straight the 59350 Support and 1d MA50. A 1d RSI again on the 30.00 oversold level would be a clear buy signal. That can even be the Right Shoulder of an underlying Inverse Head and Shoulders pattern. Buy and target the 73750...
Bitcoin (BTCUSD) broke its All Time High (ATH) this month, making history once again. The quest for the rest of the month is to close the March 1M candle above the previous ATH (69000). Why is this important? Because every time it did so in the past on each and every Cycle, the price never looked back and it entered the most aggressive part of the Bull Cycle: the...
Bitcoin (BTCUSD) is at the early stages of a new parabolic rally, similar to January - March, as a key bullish development took place. The 1D RSI hit the 50.00 neutral (middle) level for the first time since breaking above it on January 26 2024 and rebounded, while keeping the 1D MA50 (blue trend-line) intact. This is a strong bullish signal for the Bull Cycle....
Looks like history might repeat itself which means a 30%+ pullback from the top is likely. Be save out there anything can happen in cryptoland! This would leave altcoins rekt. NFA
Bitcoin is now correcting from the 73K all time high, just above my short term high probability reversal zone (upper blue rectangle). Prices between 64.5 and 69K were highly vulnerable to this type of move to begin with and coupled with the 10K retrace of two weeks ago, there was plenty of warning for investors who understand markets. I hope you were NOT one of...
With Bitcoin's (BTCUSD) continuous bullish run, day after day, running basically the 7th straight green month, we thought it may be a good time to put things into a greater perspective from a macro point of view, as many seem confused over this hyper aggressive bullish sentiment. The reason is one and one alone and has a very short name: E T F Yes, everyone...
Hello,Traders! BITCOIN broke the key Horizontal level around 68,8k$ Which was a previous ATH and Went further up so we are bullish Biased and after the correction We will be expecting A further bullish continuation Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Bitcoin (BTCUSD) broke the $70000 psychological barrier today, smashing yet again a benchmark level during this Bull Cycle and on a momentum basis, it does not give any signs of stopping. However based on the 2020 post-COVID crash fractal, which started after the 1D MA50 (blue trend-line) crossed above the 1W MA50 (red trend-line), and that BTC has been following...
Bitcoin in accumulation phase since last channel cross⭐️🚨🚨🚨 We stay in this phase until BTC closes above the channel and the pre-bull run begins Like & Follow if you are accumulating dear Crypto Nation🤗 Let me know your thoughts in the comments🤗 ⬇️⬇️⬇️ Disclaimer: Not financial advice Do your own research before investing The content shared is for...
Since th 2021 Bear Cycle started, Bitcoin (BTCUSD) entered a phase that few could have predicted. You can very easily even call it the 'Cycle of Narrative Destruction' as since the June 13 2022 break below the previous All Time High (ATH), Bitcoin started breaking narratives that have been well established throughout its history and few thought could break. **...
This chart on the 1W time-frame shows how symmetric Bitcoin's price action has been before and after the March 2020 COVID crash with the price action has been before and after the November 2022 FTX crash. Both within the long-term structure of a Channel Up, the bottomed below the 1W MA200 (orange trend-line), turned a Resistance into Support when the rally really...
Bitcoin has rallied over 10K points from the 52K break out level that I wrote about in my previous article and refuses to deliver a meaningful pullback. In situations like this, you must not give in the the hype and fear of missing out. I see talk of 100K, etc. and all the video titles popping up on my feeds. What you should be focused on is how to best...
This chart compares the Bitcoin chart to the St Louis Fred. A very different view of what Bitcoin could do next if this neckline breaks. Will be watching these fib extension levels overhead and add more cycles as I see fit.