As I've been saying, we really just need a breather after the huge runup in Bitcoin and the altcoins pre-halving and with 7 consequetive up months and Green candles. So it's no surprise April is selling off, and the halving was a 'sell the news' event. It's good news, because all markets need to rest and re-gain their strength to push higher. Watch the video...
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...
Now Bitcoin Halving is done and Bitcoin is ready for a Parabolic Move but be cautious as a shakeout is necessary to boost the flight to moon.
🟣 Hey there, @TradingView fam! Ready for some fresh Bitcoin analysis? We've got a juicy update for you, covering multiple timeframes and packed with insights from key indicators. If you're diving into this post right now, show us some love with a thumbs up! And don't forget to jump into the comments section for some lively discussion. We'd love to hear your...
Hello Traders, Today I propose an idea on how to manage inputs on BITSTAMP:BTCUSD . A violent selling is very likely due to which you can start to accumulate between 56k and 44k. It is a really wide range however it is better to place orders lower to better manage the risk. By buying spot obviously the risk is mitigated even better because you do not incur...
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.
Remember to Like, Comment, & Follow for more in-depth analysis! Share with your friends! The greatest compliment one can give is a referral I've seen too many doom and gloom posts for Bitcoin, and there are macro and micro bullish patterns being layered with more bullish patterns as we get closer to the Havening. Bitcoin is in a descending parallel channel, but...
Bitcoin appears to be compressing near all-time highs in what looks like an ascending triangle. Previously, Bitcoin would pierce the ascending triangle to the downside and the result would be the liquidation of all of the leverage in the system, then the price of Bitcoin would proceed to chop around more before eventually moving higher. Essentially, the ascending...
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.
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...
Bitcoin 4h chart forms a usual falling wedge pattern, it's more likely to hit ATH again around 85k before it makes a new consolidation targetting 100k price Crypto fear & greed index currently at 72, worst-case scenario is a pullback to lower prices around 55k
BULLISH PENNANT (Higher Time Frame) CUP AND HANDLE (Higher Time Frame) Currently we are in a consolidation period and a fake selling zone for potential short term sell. HIGHER TIME FRAMES Bottom Trend line Support @ 65360 area (Purple Line) Top Trend line Resistance @ 70430 area.(Purple Line) LOWER TIME FRAMES Support Level @ 67275 Resistance Level...
The btc pair creates a pennant in the 1D timeframe. If the market breaks this pattern then a big move is expected, there is also an order blocker in 1d at 52500-51000 range. If the market does not give respect to the downward order block and breaks above then the market goes above 85000.
Daily Chart Bitcoin price is trading in the daily range zone between $65,400-$70,838 and forming a corrective structure (most likely, a triangle), before another bullish extension. The daily candle closure and a sustained price action above $70,838 or, even better, above $71,604 will push Bitcoin price towards $77,250 and, possibly, higher to $82,890, the new...
Soon or later, Market will touch $50,000 Mark, that will be the perfect entry for this Bull Season.
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...
A long-term Bitcoin prediction based on its previous cycles suggests that we will witness a 27% correction before the halving. However, between $60,000 and $53,000, it is just a shadow. Afterward, it is expected to enter a bull market phase.