I'm back Based on Elliott model 12345, abc I think the price should reach 66420 to complete the pattern
The cryptocurrency trend was positive over the past 24 hours ahead of Bitcoin’s halving next week and despite the release of higher-than-expected US inflation data that initially pushed prices lower. “Whether the Fed cut rates 25bps in June or not isn't the long-term driver of bitcoin prices right now. It's a marginal factor. ETF flows + rising deficits matter...
U can see in LTF (4H chart) how the price respect and reacted with 0.786 fib resistance , POC line and the upper side of the symmetrical triangle Those 3 levels are gathering in a green rectangular which we called "confluence zone" U can see many times of breakout this green rectangular ... always with huge candle..( Check it i highlighted with red...
everything is like previous bullrun just here we are more smooth going to up side not finanial advice ! it was very interesting for me
Bitcoin has been on an absolute tear for the past few months, and its run from 27K to 70K+ was one with no major corrections, which is something to be cautious of. If you study the charts, you'll see that BTC generally sells off for a period after the halving (buy the rumor, sell the news) at its finest. I think we are going to see a sell-off shortly after the...
Simple channels have formed, while volume is down, we are in a short term correction and looking at good buy points to take long.
I have a theory surrounding the 300ema and 300sma, and their crossing. In my charts the 300ema is always in orange and the 300sma is always in green. In my findings so far, whenever the ema crosses bearish over the sma, there usually is an upcoming opportunity for price to go below these moving averages. In most cases, price will reverse and will correct to the...
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...
I think bitcoin is on the way to retrace till $62.000. It's breaking below mid term trendline and i expect a continuation till the support area i highlited
Bitcoin has lately experienced a “winding down” of the bullish vibes in the market, so it makes me think it’s the type of feeling you get right before a big move. Because of how the indicators are positioned, and how bullish and cautionless the market currently is, I expect it to dump to new lows. As shown in the chart, we're in a bullish parallel channel, and I...
BTC / USDT Since the halving is close The volatility of this month is expected to be extraordinary Also we have CPI report today which can make more volatility in market Historically BTC made a strong corrections before halving but i don’t expect this one to be strong like before since this year is a bit different because of ETFs In chart you can see high...
Hello Traders, We all experience the bitcoin bull run for the previous months. Bitcoin reached the all-time high at SWB:69K before facing a resistance level Bitcoin is consolidating at SWB:69K level. We may experience bitcoin continue to the buy-side breaking and closing above the $70k level. On the weekly timeframe, there is a lot of wicks indicating...
Bitcoin, the world's most popular cryptocurrency, is facing a wave of uncertainty. While some investors eagerly await the upcoming halving event, anticipating a price surge, analysts warn of a potential downdrift. The Halving Shadow The Bitcoin halving, scheduled to occur in 10 days, is a pre-programmed event that cuts the rewards for mining new Bitcoins in...
Thank you for reading our update. Please keep in mind that this is not trading advice. It appears that BICO is poised for a significant return. The upcoming period will be crucial for observing new confirmations within the given timeframe for the important target of $0,50 and up.
Hello 🐋 Considering the chart high volume, the shape of pattern, candles and support area 👌💪 I anticipate upside gains, with a primary target of at least 73k to 76k 📈🤞 it is logical to see some range movement or red candlesticks too 📚💡 beside 63000 is significant daily support area for this theory 📚✔ 📖💡 Feel free to express your perspective by commenting below. Thanks! 🐋
BITCOIN will Send a rocket to 100K soon I'm looking for btc climb to 100k soon agree with me like it !!!! Ton Daytrader 🚀🚀
As mentioned in the earlier post, the support level of over 65,000 remains intact. Yesterday witnessed a significant breakthrough with Bitcoin surpassing the $71,000 mark. Consequently, as long as the price of BTC maintains its position above $70,000, there's a strong indication of a potential new all-time high in the near future. Additionally, it's worth...
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...