The current Bitcoin price is trading at $35,536, officially confirming a correction in the downward trend. The convergence of Moving Average Convergence Divergence (MACD) indicators shows bars extending below the 0 line, and the MACD line moving below the signal line, signaling the intersection in the official downtrend. The intensifying downward trend causes...
Bitcoin hits $37,900 for the first time in a year and a half, driven by expectations of U.S. regulatory approval for a Bitcoin spot exchange-traded fund (ETF). Trader sentiment improves as the U.S. Securities and Exchange Commission (SEC) reviews 12 Bitcoin ETF applications. At the time of writing, Bitcoin is trading at $36,683 on Binance. The market-leading...
The global cryptocurrency market, valued at $1.33 trillion, saw overall growth of 0.46% last Wednesday, with altcoins gaining despite the value of Bitcoin falling slightly lower. $34,867.03 remaining. This is a significant divergence from Bitcoin's record high of $69,000 at the end of 2021. Total crypto market volume over the past 24 hours increased 3.40% to...
Bitcoin has experienced a significant surge in both institutional and retail investor activity, stabilizing around $34,000 after reaching its highest value since May 2022, surpassing $35,000. This marks a substantial 107% increase since the beginning of the year, driven by anticipations regarding the launch of exchange-traded funds (ETFs) and rising safe-haven...
Bitcoin has experienced a significant surge in both institutional and retail investor activity, stabilizing around $34,000 after reaching its highest value since May 2022, surpassing $35,000. This marks a substantial 107% increase since the beginning of the year, driven by anticipations regarding the launch of exchange-traded funds (ETFs) and rising safe-haven...
Technical Analysis: Micro Outlook for Bitcoin Since testing the $33,901 support level, Bitcoin seeks to maintain its upward momentum, supported by the price trends surrounding spot BTC ETFs. While the next major ETF news may take some time, Bitcoin faces decisions from the US Federal Reserve regarding interest rates and the release of non-farm payroll data in the...
Hello Traders. Hope you are having a fantastic day. As you can see BTC has finished the correction in triangle with ABCDE waves and broke out. It made a higher highs and higher lows. As long as we keep 26K we are bullish. We might test 26.8-27K areas again in the near future. However the perspective is bullish. Comment down what you think.
At the time of writing, the Bitcoin price stands at $34,765, showing strong potential for further gains. It currently resides in the mid-range of the market, measured between the yearly low of $16,542 and the high of the year at $35,184. The leading cryptocurrency has doubled its value since the closing price on December 31, which was $16,542. It has surpassed...
Comrades, in the 4-hour time frame, Bitcoin is moving towards the supply area in the form of cp. I think it will reach the area in 1-3 weeks and dump from there. The maximum target is $29,700 and they will probably move from there to the following targets $28,588 $27715 $26,850 $25,250
Comrades, Bitcoin is suffering between $28,500 and $27,150. This analysis is in a one-hour time frame and only gives you a view of a maximum of two days. Well, in this area, you can short in the upper areas and long in the lower areas with specific stops and targets Now, if one of the areas is broken, it can move in that direction. I think it will probably break...
This dump may confuse many people, as the picture is now very bearish. but I am positive (they will drop early shorts and late longs for 25,000). remember that this is not financial advice, just my opinion))
Cheaper price to buy BITCOIN. You can still have the opportunity to buy bitcoin at the price of $20,000. The EMA 200 line has crossed up, there is a back point to test the EMA200.
The Second People's Intermediate Court of Shanghai has officially recognized Bitcoin as a unique digital asset that cannot be replicated, characterized by its scarcity and intrinsic value. On September 25th, the court issued a discussion report on the development of internet technology. The report highlights that, with the advancement of internet technology,...
Monthly chart provides everything to see for me. Quick fib wave based analysis of mine made me think that BTC price will surely see 20k area, and possibly 19.800 too which is 0.786 fib level according to my calculations. So I expect liquidity sweep down to at least 22k area but I am not sure how deep it can go. I think it can bounce back from 20k or 22k but need...
BITCOIN stabilizing above 26455 will support rising to touch 26976 then 27416 then 28326 stabilizing under 26455will support falling to touch 25982 the 25303 Pivot Price: 26455 Resistance prices: 26976 & 27416 & 28326 Support prices: 25982 & 25303& 24656 timeframe: 4H
I wanted to draw your attention to an intriguing phenomenon in the world of cryptocurrency trading that has been causing some confusion among investors. Specifically, the ongoing battle of Bollinger Bands for Bitcoin (BTC) has left many uncertain about the future price direction. For those unfamiliar with Bollinger Bands, they are a technical analysis tool that...
I bring you exhilarating news that will surely put a smile on your face - Bitcoin (BTC) has defied all odds and broken through the FWB:27K mark! What an incredible milestone for the world's leading cryptocurrency! But that's not all! In a further stroke of luck, the Federal Reserve has announced an extension of its rate pause. This exciting combination of...
Hello Traders. Hope you are having a fantastic weekend. In 4H timeframe , as you can see BTC has broken out of the wedge and as long as we hold the supports , we are good to go! What are your thoughts? Comment down below.