On April 1, the BTCUSDT price started with a "humorous" correction. In general, April promises to be quite interesting and provide "many answers." During the likely long-awaited correction, it will be necessary to closely monitor such indicators as BTC.D and USDT.D: - It will be possible to trace where the capital that previously entered the cryptocurrency...
Typical liquidity cycle is 5-6 years long (65m). Buy bitcoin before an upswing (or end of QT) and sell when liquidity tightens. Macro is the best way to analyze markets? Adjust your stakes based on position of the cycle. Markets can have risk-on, risk-off episodes. Where Bitcoin is a risk-on asset. Use 10Y-02Y for guidance.
And the big question atm is... Who will win this Resistance level zone?!?!?🤔🤔🤔 Bulls?!? Bears?!?! - RSI overbought and crossing downwards - Momentum crossing downwards as well Breaking upwards of this Resistance box my target is between $85K & $95K Breaking downwards there are 2 support zones to consider for a bounce 1- $51.6K & GETTEX:48K 2- $42.8K &...
The recent sideways movement in the Bitcoin market has many investors wondering when the next bull run will begin. Blockchain intelligence firm Santiment suggests a specific metric to watch: the Mean Dollar Invested Age (MDIA). Understanding MDIA: The MDIA tracks the average age of investments in Bitcoin held within the same wallet addresses. When the MDIA...
The ever-volatile world of Bitcoin is once again presenting a perplexing puzzle. While the price seems to be taking a breather, technical indicators are flashing conflicting signals, leaving investors scratching their heads. The Relative Strength Index (RSI), a mainstay in technical analysis, sits at the heart of this debate. RSI: A Gauge of Momentum The RSI...
BTC Updated ~ 12H 📈 #BTC Successfully break out of this pattern, May retest this support line to rise again. we will update it again.
This is the current situation on Bitcoin. This little double bottom that we're working on at the moment looks a lot like the SOS & BU/LPS stages right before the markup begins. If this is the case we may see another week or so of sideways chop before the next push further upwards. I would recommend trying to establish some positions near the low of the range in...
Looks good especially with the potential divergence and other factors like the halving looming. ☕️
#Bitcoin is currently encountering resistance. Is it a liquidity hunt around the all-time high (ATH), or a genuine breakout? Nobody knows for certain! We're in a waiting game. Based on previous charts, we seem to be leaning towards Scenario 1. A break and close above this level could potentially trigger a rally to a new ATH. Fingers crossed for a positive...
Proficient analysis of historical patterns is paramount; failure to glean insights from the past often leads to repeated errors. This axiom holds true not only within the realm of trading but extends to broader facets of life. The narrative unfolds with the breakdown of the descending trend line, after which an ascending triangle is formed followed by a new...
BTC ~ 1H 📉 #BTC I hate to say this, But this is the truth. we found a Bear Pattern at a smaller time. Let's see how this pattern works in a shorter time. This is only for a smaller time period, in the long term, we are still Bullish.
Let's address the common question here:- Has Bitcoin already reached its peak, or is there still more potential for growth? Taking a look at the chart, Bitcoin (BTC) is presently trading near the 35-day Exponential Moving Average (EMA), a level that often serves as a short-term support for price bounces. The subsequent support level could be around the .382...
Hello everyone, hope you guys had a great Easter Holiday. Same as in Q1, I decided to share with you What I Think is the Most likely going to happen with price in Q2 , purely based on current micro¯o economic conditions and indicators, plus what are charts presenting right now. Before I get to the business, I would like to reflect on my Q1 outlook, mostly...
OutLook BTC ~ 12 📈 #BTC This is a bullish pattern that was formed on the 12H time. We will see BTCUSD move within the range of this pattern before the Bulls regain control. This pattern will be invalid when the price breaks the Support Line in this pattern. we will make further updates.
Bitcoin Prediction, watch till the end, you don't want to miss out! Follow my trading view channel for more content like this
Run a quick one on bitcoin and the expectation for a buy/sell... for buy i'm expecting price to break and close above $71,649 and my buys will be executed - target $73,824 average area. FOR SELL Expecting price to continue pushing down towards $69,421 area and a Break&Close below the average will execute my sells - target $68,046 average area.
Possible long/buy opportunity on weekly time frame, incase there is a pullback. The area highlighted offers a great opportunity to add, enter or buy.
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!