Here i have shared a quick idea on #BTC which im expecting in next few weeks or months #NFA
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Consolidation Phase in Long Time Frame as an Corrective Pattern. It has completed " AB " Corrective Wave in a Corrective Pattern " Bullish Channel " if it Breaks Previous Resistance or Upper Trend Line then it will Complete its Impulsive Move
I did a series of similar posts on SPX predicting its paths, and they have played out beautifully. Let's see what BTC is up to. We must look at a lot of things when guessing the direction of any asset, like looking at DXY, yields and traditional markets, but in this post, I will ignore all that, look at BTC purely based on its market structure. On larger...
Technical analyses sometimes are very strict. BTC $25k is still in action ?! Please do not pay attention to this post. (I just looking for a new support to add position) :)))
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Bullish Channel in Long Time Frame with the Breakout of the Lower Trend Line and Completed the Retracement but Failed to Break the Previous Strong Support , If Reject then it will fall from Fibonacci Level - 61.80%
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Consolidation Phase R Channel in Short Time Frame as an Correction Fibonacci Level - 61.80% Break of Structure Strong Support Zone
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Bullish Channel in STF as an Corrective Pattern Support Level Impulse Correction Break of Structure Consolidation Phase
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Consolidation Phase Completed Impulse and Corrective Wave " ab " Divergence - RSI Break of Structure S / R Level
Bitcoins' Price Trends: A Brief Analysis Hello there! 😊 Have you checked on your Bitcoin (BTC) lately? The latest price is now at $29,081.00. Sadly 😞, Bitcoin has experienced a slight slump in its price over the past week. Just in the last 24 hours, it faced a decrease of -1.61%, and a total of -1.32% drop during the past 7 days. Wondering about support and where...
Bitcoin ... I see for now the price is more likely to bearish. If you look at the market structure (if you have trouble seeing the market structure, I help with H-L-H-L notation) the possibility of continuing the bearish trend is still quite high. Although there is a possibility of limited bullish up to SND, but I am sure prices still tend to bearish in the next few weeks.
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Consolidation Phase with the Breakout of LTL Divergence S / R Level Symmetrical Fibonacci level - 38.20%
Currently it looks like the price is consolidating (sideways) if the price falls lower than the sideways area, there is a possibility that it will continue to fall until the SnD area. but if the price can survive and return to bullish then the goal is 34000.
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Bullish Channel in Long Time Frame as an Corrective Pattern Consolidation Phase S / R Level Break of Structure Completed " 1234 " Impulsive Wave RSI - Divergence
As we know, Halving is approaching and approaching. Many people wonder happens before and after this. Well look at this chart. There might be some dump before it like 2020's, but also no dump like 2016's. Regardless, there is an up to 18 months rise afterwards until a new ATH. How do you think the next halving which will occur on April 26, 2024 will play out?
Lads please pay attention! This 10 year old support trendline turned into a resistance in November 2022. Approach with extreme care! But bare in mind that this is crypto and it could get blasted through with vengeance.
i am expecting breackout of the trend and some bullish moves
BTC Bear Markets typically will take us down -85% before the start of the next cycle. We aren't quite there yet, but we would be if we reached the macro GP pulled from the previous bear market low to our current ATH. It also coincides with the last down candle/order block that broke bearish structure and caused the last macro impulsive move/bull run. This idea has...
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Bearish Channel in STF as an Corrective Pattern Divergence - RSI Completed " ABC " Corrective Wave Consolidation Phase Break of Structure Fibonacci Levels S / R Level