OVERVIEW After a period of rapid gain in the previous weeks, the crypto market / BTCUSD will be consolidating to confirm it's current support levels above $36,000, so it can continue onward at a sustainable rate. KEY SUPPORT LEVELS $38,400 36,400 Direction Expectations Short Term Sideways What is price consolidation? Price...
Bitcoin broke out of it's trading range between $25,000 and $32,000 and touched $44,800! Does this mean we're going to new all-time highs? I'm skeptical for a parade of reasons, all of which are based on historical and current data points. Let's dig in! How do we trade this? 🤔 Recent Data Since the trend reversal in January 2023 we've had three pushes to...
🚀 New Breakout Unleashed! Bitcoin's recent surge past FWB:41K isn't just a number—it's a signal, a clarion call that echoes through the markets. As history often rhymes in the cryptosphere, we're witnessing a familiar dance—a pattern that seasoned traders recognize all too well. Questions to Explore: 📉 📰 Rumor Ripples: How do whales capitalize on ''Buying...
After hitting the yearly high at $44,712, Bitcoin experienced a brief pause in its upward trend, culminating in a correction. Within hours, the leading cryptocurrency fell by 8%, with a trading volume of 13,500 BTC on the hourly chart. Although the overarching trend remains bullish, buyers need to consolidate above the $42,700-$43,300 seller zone to continue the...
An analysis of Bitcoin (BTC) indicates a liquidity sweep, bearish momentum, and highlights a critical support zone, providing insights for market participants. Key Observations: Liquidity Sweep: Bitcoin made a sweep of liquidity of the previous Higher High and range below the Resistance. Sharp Down Move: Following the liquidity sweep, the price experienced a...
Bearish clouds ☁️🐻 linger over the global crypto market in the next 24 hours, indicating that profit-taking lies ahead. However, Uniswap and Chainlink have upside potential, ATTMO shows. ☀️ Over a one-week horizon 📅, the bearish trend will continue to weigh on Ether, Litecoin, Ripple’s XRP, Cardano, and Polygon ☁️🐻. As for Bitcoin, a strong sun ☀️, signaling very...
Observing historical patterns in Bitcoin's performance can provide valuable insights into potential future movements. An intriguing pattern that surfaced in 2017 seems to be echoing its presence today. In 2017, Bitcoin showcased a compelling trend, marked by a consecutive streak of 8 bullish weekly candles. However, the 9th week saw a shift as a red candle...
Exciting times for Bitcoin as it hits the April 2023 high! While the momentum is strong and there's potential for further growth, it's wise to stay vigilant. A correction could be on the horizon amidst this bullish wave. Stay informed and be prepared for possible shifts in the market. Did you find this crypto market analysis helpful? Stay updated about the...
as I said before, Bitcoin will see a correction around 46000$. Now this is the time. this correction can continue till 37000$ or 33000$. these prices are the supporting levels.
Update The green box is very important. If the numbers below it fail, it will be activated. The first resistance point that can be seen was the green box, which has now become a red box.
An idea to inspire others to see the charts from another lens. This is a overall bullish perspective seeing the potential of Bitcoin forming a large inverse head and shoulders. Upside resistance targets forming a neckline around $54,650 followed by a 2024 pullback to the 0.618 around $28.6k to form the low of a right shoulder. Breaking the neckline after...
BoooooooM 🚀🚀 BoooooooM 🚀🚀 VIP Spot 🔥🎯 All Targets: done✅ Entry price: 0.2544$✅ Price reached : 0.7699$ ✅ Profit: 202.63% ✅🚀🚀🤑 In a phenomenal ascent, the cryptocurrency RAYUSDT has surged by an astonishing 202%, reaching an impressive price of $0.77. This remarkable performance has ignited excitement among traders, highlighting the substantial potential for...
In this chart, which I have shared previously in August 2022, I explain that we had reached our bottom back in November 2022 and would likely put in an accumulation range (green rectangle boxes) over a period of time - this has now happened exactly. I don't mean to post this to prove I was 'right', I do it because it gives some clarity to those long-term...
Hello Traders, welcome to today's analysis of Bitcoin. I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
Markets approach the $47,000 - $48,000 mark 💕 Expecting a potential rejection and subsequent pullback into Q1 of the upcoming year✍ I'll be closely monitoring for a three to four-wave downward pattern 👀 Once identified, I'll promptly share my strategy for re-entry into Bitcoin 🤞 Or Market will drop to $19000 to $21,000 region which is CME gap 👍 Stay tuned for...
Bull theory – Bottom is already in for Bitcoin INDEX:BTCUSD There are severeal technical indicators and measurements that suggest it could be. Firstly, the 50-week MA already crossed the 100-week MA. Each time this occured, the bottom was already in, both times as the weekly RSI dipped into oversold conditions. The price behavior has also been similar to the...
Technical Analysis and Outlook: Bitcoin has completed our three consecutive Outer Coin Rallies 39200, 41200, and 43700 in this week's trading. On the downside, the intermediate down target is Mean Sup 43100. The subsequent squeeze will likely be Mean Sup 41500. The upside price movement is expected to be aggressive and intense, as the market sentiment is tilted...