Bitcoin lacks the momentum and is gathering liquidity around $63,245 that will continue to act as the magnet. A quick dip to below $63,245 towards $63,244 or the zone around $60,239 followed by a strong bullish rejection can lead to a long scalp opportunity. A consolidation above $63,245 will be considered as a sign of strength and will lead to more...
Bitcoin is currently trading at $63,600. The trend on the daily chart appears Bearish, indicating a downward movement. Sellers are gaining strength, and the chart is forming higher lows and lower highs, suggesting continued downward pressure. My initial target for selling in this scenario is $59,000.
A flashing inverse head and shoulder pattern is indicating bullish momentum in the 1hour bitcoin price 68,000 is the next target for the inverse head and shoulder pattern a bullish breakout could send the price soaring to a 72,000 target!
Crypto markets have so far shown resilience after what has been an eventful week to-date. On the 1st of May we witnessed Bitcoin trade below both the March and April lows, where we then saw four consecutive days of buying resulting in a 14% rally back to $64,500 USD. 👉The next few days will be key in understanding if the bulls will continue to show up, we...
Hello Traders, Checkout the latest update on Bitcoin , ETH and crypto market
BTC / USDT The BTC bottom is about to be formed in next few days Most likely we will retest 61k-59k zone again In order to go straight up from here we must hold above that level .. The other scenario is breaking down and and in that case we can say the bottom will be formed around one of these levels 56k - 50k or even late 40s We can see altcoins market...
Hey guys and girls, Preamble: You must have a plan, (what are your targets? or where is your stop loss? or ... ) Why? because, without a plan, you tend to make decisions "emotionally" :) My vision: BTC is about to do the unthinkable. Technical Section: Pattern: Bull flag Candlestick Pattern: 8 to 10 new price lows Pattern description: bullish reversal...
#BTC closed around $62,800, defying CT's expectations for a drop to $52,000. Now, we'll see if it can close above the blue moving average and confirm this whole move as a deviation, a pattern Bitcoin often follows. Otherwise, the doors to GETTEX:52K remain open, with this current move possibly being just a retest. So we wait, patience is key! Keep an eye on...
I am expecting something like this to play out (ceteris paribus). Pure speculation however the data is based on previous cycles. Expected blow off top between $140 - $160k with a potential bear market bottom in late 2025 at between approx. $30 - $40k. Further accumulated between the range then ready for a next cycle in 2027-28
What a strange coincidence to Gold and previous cycles. It's a good idea to review the Schedule of Releases for the Consumer Price Index, the next one is May 15th
Identified Harmonic Pattern and target. If Breakout the Resistance Zone, it may reach the Harmonic Pattern Target or Simply "Respect" the top Trendline.
Hello Traders, This is quick update on itcoin , Ethereum and Alt Coins. Also suggested to keep an eye on new coins
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 time-frame - Price action is close to a Resistance Trendline - Price action is close to a 200 EMA (still bearish for now) - Price action is in a consolidation zone - Targeting the 61.8% Fibo retracement Fundamental Confluences for Trade: - Nothing new in the Crypto space to start...
I noticed a trend that kept repeating in every cycle with high accuracy. There seems to be a support trend-line during bull markets, and if we extend this line to the next cycle, it always predicts where Bitcoin will top (By the end of the cycle). Assuming this cycle ends in November 2025, Bitcoin peak between $250,000 and $270.000. I also acknowledge that...
As I said before, I believe we're in an exciting time. We're seeing our first sign of early growth following post halving. BTC has broken the 1HR Trend Resistance and it may soon retest it as support. If it does test and hold we can be poised for a continued run to the upside. It's already broken a Key Weekly Level on Friday and it's possible that it could surpass...
Bitcoin's price has breached the $64,000 threshold, causing over $175 million in total liquidations. Over $150 million in shorts position were wiped out, with Binance seeing the most liquidations, with the largest single order being $5.09 million for the Ethereum/USDT trading pair. The price reached an intra-day high of $64,540 on May 4, and trading volume rose by...
54K seems to be the most likely support level on the 4-hour chart for Bitcoin/USD. After that 52K . A drop to 48K seems unlikely . But possible. A reminder that this is the 4-Hour Chart. If you zoom out, you will notice that Bitcoin is not yet in a bear market. Technical Analysis tools used: Volume, Ichimoku Clouds, Fibonnaci Retracement, Volume Delta,...
Let's face the truth which is Bitcoin moves on big whales' decisions ( Exchanges, Companies & Governments ). To sell a big amount of Bitcoins, you have to handle a buyer ( a Whale ) to negotiate the price and of course it all happens on exchanges. Most of small traders and investors have no idea of what will happen next months, all the data is being handled...