BTCUSD Weekly chart - the price has reached a very important resistance range that has been formed from past low points and consolidation areas ( you can observe them better on a Daily chart ). This current resistance range stratches from around 46000 to about 53000. The development in this region is very important as it is the last major resistance before the...
BTC Bulls to Retarget $31,500 BTC could be in for a choppy session as investors consider the chances of SEC approvals for the ETFs and US inflation in focus. the crypto news wires provided much-needed support. News of Fidelity filing for a spot Bitcoin Exchange-Traded Fund (ETF) was the key to the bullish session. This morning, BTC was down 0.03% to...
Bitcoin (BTC/USD) could fall towards a pullback support and potentially bounce off this level to rise towards our take-profit target. Entry: 45,670.17 Why we like it: There is a pullback support that aligns with the 23.6% Fibonacci retracement level Stop Loss: 43,209.61 Why we like it: There is a pullback support that aligns with the 61.8% Fibonacci retracement...
🚨 Bitcoin reached $47,000! In my December alpha post I said: "Use this pennant to guide your analysis. Price breaks above it? Buy the breakout. Price breaks below it? Buy the discounts." Seems market has decided. UP ONLY! 🚀 More free alpha if you follow me, see links below. Enjoy!
Considering different situations for #Bitcoin #BTCETF Bitcoin ETFs Spot ETF BlackRock #Altcoin NASDAQ:STX Alts
Hello Everyone! This is an overview of Bitcoin. In my opinion Bitcoin's ETC will be rejected and we'll see a bearish move in bitcoin. This is the details: 10th January 2024 = Start a sharp bearish move to ~$38500 Then go to ~$48500 until 4th February 2024 The main bearish movement will start here and we have our main bottom on 5th April 2024 I'll update the...
Some of the biggest asset managers on the entire planet are going to release a BTC ETF: Blackrock $9.3 Trillion Fidelity $4.5 Trillion Franklin Templeton $1.53 trillion Invesco $1.5 Trillion. BlackRock expects Bitcoin ETF approval on Wednesday, in-line with Bloomberg's January 10 deadline. I expect the approval to a buy the rumor, sell the news...
One of my primary technical analysis trading tools is that of False Breakouts or as I identify them; Spikes . I have found that when prices moves quickly in one direction only to return in the opposite direction within the same or following candle this indicates a potential reversal with a high probability. The corollary to this concept is that if price does...
We sent 2 massive trade setups for Bitcoin along with many updates in between. In total, we've gained over 265% raw gain. We're working within the framework of a 535 zigzag correction. We're anticipating wave B to be complete soon and then a big drop for Wave C. Please note this is from a technical analysis standpoint and we haven't taken into account...
Bitcoin is really bearish at this moment. We have had a massive crash recently, and this is not looking good. My technical analysis suggests that we have completed the impulse wave (3) and are in a corrective phase wave (4). This corrective phase should end at 36 600 USDT, and then I am expecting another pump to reach 48 500 USDT. On the chart, you can see a...
It has been almost 3 months since Cointelegraph's fake ETF approval tweet (October 16 2023), which was basically the start of a medium-term mid-Cycle parabolic rally for Bitcoin (BTCUSD) that saw it grow by +69.10% this week. Yesterday we got the first serious signs of exhaustion as the 1D candle made contact with the 1D MA50 (blue trend-line) for the first time...
TLDR: WITH CONFIDENCE, Buy the double bottom of wave 2 ($13.8k / late 2023) before 2024 halvening. This is my strongest & fairest case for BTC. Were in a ABC correction from a Super Cycle Wave 5, an Elliot Wave 5, and forming a NEW GRAND SUPER CYCLE for BTC - 14/15 has touched the previous ATH WICK (wick2wick) after Wave 5 ABC Correction. - BTC Candle Body...
Full of action days are waiting for us. * What i share here is not an investment advice. Please do your own research before investing in any digital asset. * Never take my personal opinions as investment advice, you may lose all your money.
Bitcoin has been up last year Fed rate cut officially announced Technical it is trading in sell zone Macro economically it is overbought
First and foremost allow me to wish everyone here in the TradingView community a Happy New Year and a prosperous 2024! What a better way to start the year than Bitcoin (BTCUSD) breaking above 45000 mark, a level it last visited on April 06 2022. Every Cycle can be seen trading within a Megaphone pattern with the parabolic rally illustrated by the dotted curves....
Scenario-casting a move to 48 thousand If #BTC is indeed winding up in a #HVF High 1&2, Low 1&2are in place now we just wait for both high 3 and low 3 to form and a potential breakout of the trigger line. Let's observe and see if this plays out? @TheCryptoSniper
Btc is currently breaking a resistance line of a horizontal range on a daily. Trading in a strong bullish trend, the market leaves a strong bullish signal. Looks like growth is coming! ❤️Please, support my work with like, thank you!❤️
Looks like MARA was creating a megaphone behind our backs, which makes perfect sense now that Bitcoin has formed a symmetrical triangle leading it to levels of FWB:48K , wait for mara $32 and then $35