Bitcoin, has seen a significant price increase over the last 21 days. As of January 28, 2023, the price of Bitcoin has risen from around $30,000 to $40,000, marking a 33% increase in value. The recent rally in the price of Bitcoin can be attributed to several factors. One of the main drivers has been the increasing institutional adoption of the cryptocurrency....
Bitcoin remains in an extended bull flag. Break out this weekend?
Large FVG which I think will be closed. BTC has been falling for a long time and many have suffered a lot. But now it looks like the outlook is somewhat better. Further dollar falls and increased interest rates, great uncertainty and more unrest in the financial markets, can quickly turn out positively for this commodity, if it is allowed to call it a commodity.
Hello Traders, welcome to this free and educational technical analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every...
bitcoin forecast for short term ,we are expecting simple elliot movement ,after fed announcement there is a high prediction that gonna be last HH leg however dou your own research
Hello dear friends. I've been working for a long time to be able to use pitchfork in a meaningful way. I think I've been able to paint a meaningful picture for recent price action. This will take a long time. However, it wouldn't be surprising to me if it actually happened.
I don't really know what all the excitement is about. On Weekly it seems like BTCUSD is entering a Death Cross suggesting a longer bear market. The price is fast approaching the 50 and 200 MAs so that will certainly play an important role. In addition Bitcoin finished the week with a lower high and the volume is clearly waning. Therefore, I think Bitcoin...
i think we if we take out that 24k level then the upper level of supply at 30-32k will hold, for good shorts back to 10k and then we may see a bullrun or not, who knows
Since the low on November 22, 2022, bitcoin has already gained over 50% in value. Nothing unusual for the crypto world, but this time it seems to be an impulsive 5-pointer. This means that the bear market may be over. According to my Elliott wave analysis, we have now seen the low in bitcoin at $15482.03. Should we build a clean 5 divider - meaning bitcoin...
I can plot on Bitcoin a curved support trend line Right now the bear trend has ended and led price to a bullish beginning The curve really says it all
FVG FILLED, CONgrats who trade this. Now we have the time make our bearish bias. Trade base on your own decissions. If you like my Ideas, comment or like it and suggest it, I really appreciate it. Come and check me out for more analysis.
What seems to be that wave 4 and wave 5 have not been formed in the daily frame so we will see a short climb to complete the wave of 5
This gives you an idea of what we're thinking about. IF you are in agreement like and share, if your in disagreement, let's hear it. ~25k we are looking at a drop. Has the bull market officially begun or are we still in the bear. Check the weather, CryptoWhether.
We've got quite a few things going on with the markets but one thing I can't ignore is the fact that Bitcoin had a massive dump after FTX that liquidated huge players. SBF played games with investor funds where he shouldn't have. What happeend to Bitcoin, though? It would appear nothing since we're trading higher than we were when that news dropped. BTC has...
Earlier this week, we published a possible trade for BTCUSDT. It is still in the process of being worked out. The trade was based on the assumption that sellers would make every effort to protect the $25k area from an upward breakout. And it is justified and logical to cover at least part of the long positions in this zone. But looking at the weekly...
📝 After the sharp growth that Bitcoin had, it has now reached a resistance range, if it completes its 3 drive pattern and reaches its price action range, i.e. the range of 24600 to 25200 boxes (orange), we can witness a correction of Bitcoin. ❌ If the range of 24600 to 45200 brakeout, the above scenario is canceled
BITSTAMP:BTCUSD ✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it. Thank you. Possible Targets and explanation idea ➡️ Everything going according by my global 2023 plan for BTC what i’ve posted here in December 2022 ➡️ We got uptrend line since covid dump ➡️...
$BTC bounced off the support just as expected and reached my first TP (take profit) at $23,800. $BTC rejected hard and dumped very fast after reached the first TP unfortunately though, which was honestly unexpected. After this current rejection, I have charted possible bearish scenarios, as well as the bullish scenarios of course. I am still going to hold my long,...