BTCUSDT - Possible Bullish scenario according to the chart Pattern and technical levels!!
Bitcoin (BTC) against Tether (USDT) is currently priced at $69,731. After an unsuccessful retest, it is anticipated that BTC will undergo another retest before plummeting to a support level of $52,500 to $52,800. The unsuccessful retest indicates a potential weakening in the buying momentum, leading traders and investors to anticipate a decrease in price. This...
Target is so deep you can’t even picture, it won’t happen over night but “we are never going under 50k” would be crying. This is going to be long term trend change, bitcoin was never in Bearish trend, but here that changes
If bulls have upper hand at preserving 66k then we are very much likely to keep the move up to 85k in coming days.
This was so incredibly obvious Textbook retest / bounce ~$60k, a key psychological level for CRYPTOCAP:BTC Daily close ~$61,5 should confirm next move up IF this fractal plays out, we should retest prior highs ~$73,500 and then bounce back to support ~$68k about a week after the Halving that will be a crucial level to hold for the next leg up, otherwise...
Bitcoin is an invention designed to grow forever as long as we live. If you see the same vision, don't forget to support the analysis. I'm releasing UPDATE2 earlier than planned because today the channel reached *666* followers. The analysis is set for long-term updating. It doesn't matter if the price is 70k or 50k as long as you see the big picture. The world...
Since the previous Bitcoin Impulse wave analysis got very long, here the subsequent analyses for Bitcoin Upward waves will be presented. Anyway, continuing from the last analysis; the correction started when Bitcoin touched the major channel's upper line and the horizontal resistance area (The chart of previous analysis is provided for reference in blow). There...
If you haven`t bought BTC before the rally: nor sold the potential retracement: After assessing its stability around the $67-67K range, it seems we're on the verge of witnessing a classic double top formation, followed by a retracement to $59K.
Bitcoin broke Head & Shoulder. Price target is 57502. Charts say it all. Trade responsibly
I'll feel more confident about a potential uptrend if we can surpass the ~67k mark, where Monday's high range lies and from which we were rejected on our first bounce. If not, we're likely to continue experiencing volatility in this zone, potentially dipping to yesterday's lows around 61.5k. The 60-59k range—a critical support zone, that should mark the end of any...
Bitcoin is currently hovering around $62,850. If the price falls below $61,000 and closes below that level, it could trigger a sell-off, dragging the price down to $57,000. The highlight is that $51,000 represents a significant support level. If the bearish trend continues, the price could even drop as low as $47,000 or even $42,000. DYOR before trading and investing!
CRYPTOCAP:BTC Chaos date April 13, what amazing precision this algorithm has; While everyone begins to mis-sell everything they bought at high prices because they would become millionaires, I double my bet on what I had and other things I bought since December and every fall, My investment method is totally opposite and crossed with what the market does, so I...
Panic gripped the cryptocurrency market this week as Bitcoin, the world's leading digital asset, tumbled below the crucial $70,500 mark. This sharp decline was accompanied by a disheartening shift in a key technical indicator, signaling a potential bear market on the horizon. The CoinDesk Bitcoin Trend Indicator (BTI), long a trusted gauge of Bitcoin's price...
As we closely monitor the current trajectory of Bitcoin, it's evident that its strength is diminishing, prompting a thoughtful examination of our strategic options. In navigating this landscape, it's imperative to remain agile and responsive to market dynamics. Should we witness a loss of the 65475 mark within the span of this week, the scenario of adopting short...
Hi Everyone, BITSTAMP:BTCUSD our last analysis on bitcoin turned out to be in our favour price has been dropping ever since, in our view price can now make small corrections towards 69k to 70k and from there price can drop significantely towards major bearish impulse that will fill the liquidity gap in daily timeframe that price has left behind. Please note...
As we navigate through an increasingly volatile economic landscape, similarities between the current market behavior and the period preceding the COVID-19 market crash have begun to surface, particularly concerning Bitcoin ( INDEX:BTCUSD ). This analysis delves into these parallels and discusses why the upcoming Bitcoin halving might not be the safety net...
Hello guys, today I am back with an Elaboration on my previous Q2 Outlook ↓↓↓ With halving in front of us and all the hype it brings in, I can see mostly people who think that after halving we have to go to ATHs no matter what. So I decided to bring counter points to their views with reasonings as to Why I am currently more bearish than bullish. If you are...
Bitcoin is forming a double bottom and a falling wedge formation this could indicate an extremely bullish scenario where we see bitcoin fly past $73,000 Take caution when executing the trade as a Triple top formation can also lead to a bearish case leading us straight to $58,000 or $59,000 on the low end Bullish Case is 90% Scenario Bearish Case is at 10%...