✨ Absolutely amazing news here with the ruling by the D.C Circuit having ruled in favor of Grayscale in it's lawsuit against the SEC for the SEC's decision to deny Grayscale's conversion to an ETF successfully paving the way for Grayscale's filing/ETF petition to be reviewed. ✨ This amongst a series of losses and hard hits for the SEC the past few weeks has been...
Looks Like on the longer term time frame things are starting to look a little more bullish. 1 and 2 days things are looking a bit better. Hoping we can turn 43k Bitcoin into support. Let's see what happens! I am thinking long at a 43k bounce.
There is currently an apparent Rising Wedge formation on the 1h BTC:USD pair. This is highlighted by a few factors; there is a downward trend of volume in addition to a bearish divergence on the Relative Strength Index (RSI). We would be looking for a large bearish spike on the Volume indicator whilst testing the 0.382 Fibonacci $53845. The RSI also needs to...
Bitcoin pattern to 46.9k is emerging
Bitcoin is in symmetrical Triangle if broke up side than 19.7k it broke downside than 16.7k it may take time to break out or break down possible breakout or break down will be at 25 November
Bitcoin Is in Head And Shoulder Pattern if bitcoin broke neckline than Bitcoin might be go to 18100
Bitcoin is this Triangle if break towards upside than 19400 if this break towards down than 1657 we have to wait for breakout or break down maximum chances are that this breakout will be upside.
Bitcoin is farming Head and shoulder in 1 Hour Time Frame if this happens than surely 16000 is on the way. keep on eye in it.
Bull Flag in 4 Hour Bitcoin May be 17500 Bitcoin might be hit 17500
Bitcoin is in symmetrical Triangle and can be 16800 if break out perfectly than 16800 if it break down than 14980
Bitcoin is in Beautiful W Pattern will Hit $17400
Bitcoin will run up to the top red dotted line at 13.7 - 13.8k then pullback to the top yellow line at 12,150
Beyond Technical Analysis of $BTC BINANCE:BTCUSDT on Daily candles BITCOIN NEWS: - This week, both Lightning Labs, which maintains the Lightning Network Daemon (LND) implementation of the Lightning Network, and Blockstream, which maintains the c-lightning implementation, updated their tech stacks. - - According to a Sept. 17 blog post from the Bitcoin...
#BITCOIN / USDT TECHNICAL ANALYSIS CHART & PRICE ACTION MOVES
Waiting for a Breakout, BTC going to 8-10k or back to 4K
Potential falling Channel / Wedge could signal bounce soon
Potential rising wedge in the 1h. 9250usd could be short term target