After a sharp rebound, the rise has slowed down near the resistance level. The indicators need to be repaired. Pay attention to the support between 62000 and 61300. If the support is effective, go long. For the current transaction, shorting is safer and the probability of making money is higher.
Btc trend is still in upward trend. It has formed liquidity pool around 65.5k$ area which I am expecting to be tapped soon. Possible scenario is given on chart. We can see bounce back from OB+FVG+SSL area then towards liquidity pool. Remember this is shorter term possibility.
Bitcoin has broken above two important trendline, and on higher timeframe we haven't resistance before the $71.000 area. It's important for BTC to close above the recent range, and to not go below the $62.000 level to keep the uptrend
#BTC closed around $62,800, defying CT's expectations for a drop to $52,000. Now, we'll see if it can close above the blue moving average and confirm this whole move as a deviation, a pattern Bitcoin often follows. Otherwise, the doors to GETTEX:52K remain open, with this current move possibly being just a retest. So we wait, patience is key! Keep an eye on...
Hey guys and girls, Here is an updated chart from my (Feb 29, 2024) post. Technical Section: Wave 3 < 161.8% of wave 1 Wave 4 = 38.2% of wave 3 (Wave a = 38.2% of wave 3, It did) Wave 5 is probably too large Extended Wave 5 (Target 2 ) = 100% x length of (beginning of Wave 1 to top of Wave 3) (Extended Wave 5 = 161.8% x length of (beginning of Wave 1 to...
On the #Bitcoin chart, you can see a combination of horizontal and dynamic fibo levels. It took us a long time to see something new.... But here's our summary: ️ ↪️ right now, the #BTCUSDT price is at a critical point. If buyers manage to keep the price above $57000-57300 until Monday, there will be a chance for a good price increase via the blue route 🟦 ↩️...
⚠️ Bitcoin's potential bear trap above $60,000 amid uncertainty over FED actions. Bitcoin's price bouncing back above $60,000 raises concerns of a bear trap. Market fundamentals, specifically FED actions, adding to the uncertainty in the crypto market. Speculating on FED decisions is risky, but their transparency can impact market sentiment. ⚠️ Implications of...
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...
Michael Saylor often says, " CRYPTOCAP:BTC is a store of value that you will pass to your kids." I will demystify CRYPTOCAP:BTC and share my long-term vision of what Bitcoin will become in the future. This is a philosophical perspective, so take it as such. Bitcoin is a digital asset, which means there is no cost to duplicating it. Like all digital assets,...
#Bitcoin is trading at a decisive point. If this support level breaks, we could drop all the way down to $52k. The trend has shifted bearish, but don't forget that Bitcoin is known for making deviations. Historically, May tends to be a negative month for BTC in terms of returns, and we're already seeing the effects within the first two days. Let's see how this...
Bitcoin is following the bearish i explained in my previus idea. I expect a continuation on the downside till the next support zone at $50.000/$52.000 as soon as the local low will be broken. To turn bullish again, BTC need to break the resistance area at $60.000
BINANCE:BTCUSDT Start rebuying BTC in the blue box area and buy MORE if it goes down to the green box.
My Thoughts for BTC before BTC's Halving 2024. It is just an idea and not a financial idea.
this is what i told efew days ago. in 52k price has to way up to 68-70k or down to 48k be ready for take a good position
Btc has done it's accumulation and now it's in distribution stage around 54-58k. Soon after distribution we will see real move towards ATH 🚀💯🔥. Time to buy not sell. Bottom is closer than Top.
- Bitcoin has experienced a significant drop below $60,000 for the first time in a while. - April has historically been a green month for Bitcoin in an election year, but this year it was red, showing a deviation from history. - May is also historically a green month for Bitcoin in election years. - Bitcoin has never played out more than two consecutive downside...
#Analysis of Bitcoin Time 1D The price is currently at the bottom of the range channel, and it is expected to reach the bottom of the channel, we can have it, and in case of a lower time break, we can see the continuation of the upward trend up to the top of the channel. If the bottom of the ascending channel is lost, the return zone is the 52K price zone
Hi, welcome to my analysis, Sorry it's been a while since I wrote an analysis due to the Eid al-Fitr holiday. this time BTC dropped and formed a down channel, but we have a Fibonacci support area between 63546 to 62608 and if this Fibonacci support is broken, then the following support will be at level 60211. The bullish target for BTC this time is in the range...