Year by Year Bitcoin (BLX) logarithmic chart, ready for a Massive Explode in 2024. ..................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are...
Bitcoin has been trading within this descending channel for quite some time now. If the bulls cannot break above this channel. Expect a potential breakdown of crucial support. This month of September is very vital to BTC.
Obviously the debt ceiling was going to be expanded since the Americans will not give up their "credibility" and the world reserve currency Expect weekly to close around $27.250 Wednesday - French, Italian, and German inflation YOY - Japanese Consumer confidence Thursday - Inflation and unemployment rate eurozone YOY - US ISM manufacturing PMI Friday - US...
💎Technical Analysis Summary💎 BTC/USD -Bitcoin, after topping out at around 25k last few weeks -The price is now back at its daily key support level -The highlighted box area is previous resistance and flip new support -If buyers will still respect this region, then we could see a bounce from here -If not, the sellers will take over and send the price much lower...
On the monthly chart, bitcoin is now moving around the price level of the 0.382 Fibonacci retracement drawn from the 2018 bottom to the all-time high in 2021. Twice before, this level was exactly the bottom for bitcoin; quite soon after—usually within 3 months—it prompted bitcoin to resume its bull run. Tom DeMark Sequential shows a 9 each time at the monthly...
Attention! Incredibly long text! A huge cluster of pending orders to buy Bitcoin will not allow the price to drop to the $13,000 area expected by everyone. In addition, these conditions will allow the market maker to move the market to the $32,000-$38,000 region in order to use a trap for marginal bears and their subsequent liquidation.
Abstract concept showing a long term maintain of the bull structure once this bear market ends The bull run will be epic. Bottom ascending line is a strong support that can be drawn on this non/logarithmic chart. 2018 Peak euphoria (20K) used as support for in 2022
💎Technical Analysis Summary💎 BTC/USDT -The bulls defended the 18k dollar support region multiple times -And after more than a month of consolidation below 20k dollars -BTC has managed to break above the 50D Moving Average & 20k level again -Now, if the bulls can hold and maintain above this red resistance line -The chances to continue higher next week increase...
I have drawn a Fibonacci time zone for each cycle from the top to the point the bottom is reached. After this, the Fibonacci sequence begins to count. I am starting at the top of 2011 to the bottom at the end of 2011, and these time zones count in vertical black lines. After this, I drew another Fibonacci time zone from the top of 2014 to the bottom in 2015, and...
💎Technical Analysis Summary💎 BTC/BUSD -Bitcoin is rejected for the 3rd time by 100MA & 50MA on the daily time frame -Price action is technically bearish with the confluence of the descending trendline resistance -This trend line is also respected 3 in a row and the price is back at the critical support region -The price is nearing the apex of this triangle...
Although we havent confirmed bottom yet we still have same legacy top trend line! BBlx has broken 21/233 ema bearish for the first time in history of weekly chart. I expect 10-13k bottom but we are near the 1-1 fib of our correction and historically corrections have bounced at the .786! Not claiming a bottom here but when we are finished correcting I think this...
💎Technical Analysis Summary💎 BTC/USDT -Bitcoin is rejected by the 100D-Moving Average last week -And the price is back at the key support area around 18k dollars -This is technically not looking in the daily timeframe view -The support becomes weaker over time if the Buyers are unable to bounce up -If this support zone fails, expect a 16k dollar Bitcoin is...
This chart is essentially a continuation of the "bitcoin and what to look for" a while back. I have added the "HTF log oscillator" and the new "Mayer multiple bands" by (TXMC) indicators. This chart only shows what to look for and possible events to come. This is not a prediction and not financial advice. Always invest with caution and a risk tolerance you can...
This is not a prediction just an outlook. In fact it would be crazy if it happened anywhere remotely close to it. LOL This chart is for educational purposes only In order for this or anything remotely close to this happening, the market cap would to 12x to 15x in an approximate year or a little over. IMO it's too much too fast.
💎Technical Analysis Summary💎 BTC/USDT -Bitcoin may have found temporary support at a previous key area of around 19k dollars -The bulls are slowly trying to push the price up but will certainly hit a trendline resistance -If the buyers can break this trendline, we could expect this move down can end at least -But expect longer consolidation between previous...
Hi Traders, Investors and Speculators 📉📈 Why follow me on Trading View? 🎯 CryptoCheck team has 20 years + combined trading experience 🎯 Established 2019 and not going anywhere 🎯 Ev here - been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime...
💎Technical Analysis Summary💎 BTC/USDT -Bitcoin has been printing daily red candles for 6 days straight now -Today, the price is now testing its immediate support level -With the confluence of previous mini consolidation and previous resistance -If we are going to plot an upward trendline, BTC is just right at the potential support -If Bitcoin can manage to hold...
💎Technical Analysis Summary💎 BTC/USDT -The Bitcoin bulls are trying to push the price up again above 22k dollars -This area has been tested 3 times in the past 30 days but no luck -If the bulls will fail today, they must hold the immediate support at 21k dollars -Otherwise, we might see another retest of bottom key support at 18k dollars -Technically, BTC is...