"Given the sudden rise in the price of Bitcoin, which led to touching the previous peak at 62785 with GAP method, and considering the William percentage placed at its ceiling, indicating readiness for a price decline, along with the downward trend in daily movement, it is likely that the next target for price decline, according to the method of GAP, is 59261(TP)."
I see a fairly aggressive structure, this is good for people who have not yet bought this tool for a lower price. We updated until the halving, we have an ETF, and this is very serious. I didn't believe in bitcoin at 100k and one million. I don't think that a big company like Blackrock, Fidelity wants to make us poor rich) I don't believe it. That's why I open the...
BTC ~ 1D #BTC I don't expect this to happen, But it looks very bad if BITSTAMP:BTCUSD loses This Support Block. This chart will not be valid if #BTCUSD successfully maintains this support, plus succeeds in breaking this resistance line. then the bulls will be back in control.
Today's profits overall are not particularly ideal. Only gold long orders made some profits. Gold prices currently lack support from geopolitics. It has maintained a narrow range of fluctuations at the 2320-2307 line for several consecutive days. From the perspective of upward momentum, it is lacking. Visually, 2320 is a position that bulls and bears are...
#BTC Bitcoin price is moving in an upward trend over a 2-day frame The highest price of Bitcoin reached $72,000 and the lowest price could reach $58,000. The price moves between them, corresponding to the halving date set for 3 weeks from It is expected that all models will be broken upward after the halving to see new levels of highs. Until that time, you...
#BTC The price is moving in a cross channel on the 12-hour frame and sticking to it well The price rebounded well from the lower channel limit at the green support level 60,000 to 62,000 $ . We have a tendency to stabilize above the Moving Average 100 We are oversold on the RSI indicator and we have a downtrend that is expected to break higher to support the...
Every #Bitcoin consolidation since the bottom has had 3 things in common... 1. Each time, it has created a "retail" pattern, such as a wedge. 2. The pattern seemed to #breakout (signaling traders to go long and becoming trapped), only to realize the move as a #fake-out back into the pattern. 3. Then, there seems to be a continuation to the breakdown of the...
BTC i stuck in the resistance zone at $59.000/$60.000. In my previous idea, i marked this area as a key resistance zone and in fact, BTC is having some difficulties to break this level. If Bitcoin will fail to go over there, we can expect a drop in the coming days, as i was previously thinking. Otherwise, if Bitcoin will break above $60.000 we can expect a rapid...
BTC Performing before Halving 2024, with a great momentum. for right now BTC BINANCE:BTCUSDT got preasure sell from Public. Seems we will got a Restest before Bullrun Is Going up to this Season. cheers and stay humble :) Please comment your idea !! :D
Expired BTC.USD Weekly outlook. 1st WK MAY 2024 > BULLISH 📈 CORRECT Closed Price: 62,054 Target Price: 64,521 | Strike Price: 64,714 APR30 24' Upper Range: 78,972 Lower Range: 50,071
Recently, BTC has experienced downward pressure. A bearish pattern is evident on the 4-hour chart. At present, it has traded into a key support zone and there’s a strong possibility we see it pullback into a resistance zone. The video discusses the prevailing trend, recent price movements, overall market structure, and presents several trading ideas for your...
A very important price support that I expect a good price reaction Everything is specified in the chart
Actually i am waiting the price to enter the support area at $60.800/$60.000. There i will look for a trade, considering that we have seen strong rejection when price reached this level. I think we will have more chances to enter shorts, i will keep you updated as soon as i will see a clear direction.
Somebody has asked me my opinion on Bitcoin. These are my thoughts as I view the chart. It's purely an analysis and an opinion and not a trade idea.
This is my first idea and I have no idea how to write these, so all commentary and other ideas are welcome :) I used Fibonacci Levels from a 1 month timeframe to plot out the long term pricing of this bull market cycle following the halving of 2024. I suspect the top of this cycle being around the $120K mark. If we base this on previous cycles we can expect...
CRYPTOCAP:BTC #BTC Nicely gained $64,344 support, currently testing $66,323 support - time to see if it can hold it, seems unlikely judging by current RSI on 4h, but last 1D close looks great and RSI on 1D also good. $64,344 next support from here. $68,546 next key resistance from here. Watch given S/R
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Rising Wedge as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line Break of Structure RSI - Divergence Completed " 1234 " Impulsive Waves Fibonacci Level - 61.80%
BTC DOWN TO 40-50k. This is because I see at 60k prices going sideways. And looking at the previous BTC trend, BTC will start rallying after the BTC halving. So it is likely that after the halving BTC will be sideway or down. This is just a possibility