Currently, BTC broke the internal (4H) uptrend market structure. 📉 Higher Timeframe (1D) Low not broke yet which is around 40k. (Which remaining uptrend) 📈 But internal market structure broken, and now it could try to retest the 50-60% fib level with the huge Fair Value Gap (FVG) as a confluence. BTC also now in multiple trend line support, so we can aspect the...
Bitcoin just broke through the inflection point towards the value area and has reacted with the value area. This could mean that there is a very high possibility of Bitcoin going short for the next months. This means that 2024 could overall be a "short" year for BTC. So what could this mean for investors concerning Bitcoin ?, Firstly it means that if...
The recent increase in price of Bitcoin (BTC) from the oversold area is a strong signal of a new bull market. With the current price at $23,369, the technical analysis suggests a potential rise to $240,000 or even higher in the next few years. The chart shows a possible month-to-month movement of BTC, reinforcing this bullish outlook. Additionally, increased...
The following Bitcoin analysis is for informational purposes only and should not be considered as financial advice. Cryptocurrency markets are highly volatile, and past performance is not indicative of future results. Always conduct your research and consult with a financial advisor before making any investment decisions.
Time frame 1 day. Until January 15 (the key date mentioned earlier) there will again be pumping of info space and opinion on the acceptance / non-acceptance of the spot ETF by the US Securities Commission (SEC). Hence, the next round of "hunger games" will be opened after the New Year on January 5-6. Line chart. On bitcoin, under the resistance zone of...
#Bitcoin is experiencing a significant upward movement, surpassing the mid-range of its trading range. Pay attention to the upcoming resistance levels, as they can indicate where the price might face challenges in moving higher > $48,933 (0.618 fib) > $60,000 (Range Heigh) Bitcoin ETF The SEC #ETFApproval LSE:TIA ETH ETF
BTCUSD the price is forming an Ascending triangle, price is attempting a breakout of the triangle and after the break if price stays above it price may rise upward again and touch $45,500 and $47,500 is also possible. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting...
Currently bitcoin dominance is moving upside towards weekly resistance . We might see a bull run in altcoins if it bounce back from weekly resistance
I've been bullish the whole of 2023 on BTC and overall Crypto. Right now, I feel pretty uncomfortable posting an HTF #BTC chart exactly before the ETF decision. Depending on how the market reacts this week, this plan may change completely though, "Show me the chart and I'll tell you the news". This saying is deeply engraved in my trading For the sake of the...
BTCUSD the price broke above short-term resistance area around $44,100, after a correction if price continues to stay above the support, price may move upwards $45,500 area. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Bitcoin ETF is either gonna bring Positive news to the space or it is gonna bring negative news. So, if Negative, from the current price we might see a drop as detailed on the Chart, else if the news are positive, as already detailed on the chart, a move from 39k is needed for a Bullish run continuation.
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In my opinion, the best coin market meme is Shiba right now. The chart is in the weekly time frame and I think it is very clear. Entry point and stop loss is up to you and I just shared my long term view with you. Good luck, dear traders Mohammad Goodarzi Thursday 4 Jan 2024
In the daily timeframe, we observe a consistent touch between the bottom and top of the ascending channel every 161 days. Currently, there are 60 days remaining until the projected bottom touch. In the 4 hours, Bitcoin appears to be forming an ascending triangle. I anticipate a potential move toward the top of the channel, reaching levels between 46,800 and...
Since embarking on the creation of AriasWave, my primary objective has been to delve into corrections and unravel their expansive potential. My focus extended to scrutinizing the potency and characteristics inherent in 5-Wave movements, as they often offer insights into their upward limits. Regarding the Bitcoin pattern, from the outset, I harbored reservations...
BINANCE:FILUSDT is gearing up for a significant surge, backed by 15 months of accumulation reaching the 0.618 Fibonacci level. This aligns seamlessly with a crucial supply zone and a measured move of the triangle pattern, painting a compelling picture for potential growth ahead.
BILLIONAIRE TIM DRAPER PREDICTS BITCOIN PRICE TO REACH $250,000 IN 2024 Billionaire Tim Draper predicts Bitcoin will hit $250,000 in 2024, thanks to potential US ETF approval. Draper sees an even higher potential for Bitcoin with smart contracts and a friendlier US attitude. The US awaits a Bitcoin ETF, making crypto more accessible to traditional...
Update It still hasn't been able to cross the last resistance we specified. I expect an upward movement from this green box again. If it can't cross the red box, the green lines will be read as available. Otherwise, in the region of 45-48 A thousand dollars, we can enter again