The recent dip in Bitcoin has sent shivers down the spines of traders, with many wondering if Bitcoin has finally hit rock bottom. One key price point has emerged as a potential beacon of hope: $61,970 . Historically, this level has acted as a springboard for Bitcoin, leading to rebounds in February, March, and April. But will this time be different? Technical...
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...
Trend-line guidance with volume candles moving up to $80k. EQUAL LOWS on a 9 DAY TIME FRAME means ROCKET LAUNCH
Hey guys and girls, Here is an updated chart from my (Nov 12, 2023) post As you can see, this is only half of the battle! Further targets: $ 74k, $ 84k, and $ 100k Appendix: Structure: 5-3-5 (Inverted) Bitcoin halving countdown: 49 Days Technical Section: Wave 5 has two different relationships: 1- If wave 3 is less than 161.8% of wave 1 -----> the...
Hello Traders ! On The Daily Time Frame: The Bitcoin Formed a Double TOP Pattern. Yesterday, The Price Broke The Neckline ! So, I Predict a Bearish Move 📉. __________ TARGET: 53100.00🎯
This is my first post in some time. As I stated before, I'm largely moving on from crypto. I'm still here, paying attention to the market. I've also created a site for my fiction writing. Eventually, I may migrate some of these posts over there as representations of my non-fiction speculative market analysis. Anyway, on to the important stuff. Bitcoin did not...
** Swing trade opportunity ** On the above daily chart price action has enjoyed a 40% move despite the calls from camp bear. A number of reasons now exist to be short, including: 1) A sell signal prints (not shown). 2) Regular bearish divergence. 3) Failed MFI support. 4) Stochastic RSI crosses down 80. Look left for what happens next (blue circles) Lastly,...
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We were watching a falling wedge on declining volume and anticipating a move to 66.5k. We got the breakout, had a nice spike in buy volume, made a uptrend high, and got to 65k. It was looking really good actually until it got rug pulled. This invalidated the setup and I don't see a new setup atm. I've been watching all this as a massive consolidation for...
This is really scary; I wouldn’t fall for the trap because it will dump pretty hard after the correction is finished. ( THIS ISNT A BUY YET) We should be expecting this mid-corrections and expecting the big dump during the month of May; since after the post halving the discounts are coming. Expecting bitcoin to land around $40K before we skyrocket even higher. ...
Tomorrow, 25-April, is a very important date astrologically speaking. Certain planetary movements are pointing toward the resumption of forward action. What would this imply for Bitcoin? ➖ Bitcoin peaked 14-March and has been consolidating since. ➖ Bullish momentum has been going down. ➖ The current bias is bearish based on multiple bearish signals such as: high...
Accu is done !!! Time to buyyyyyyyyy Hodl Buy in may and go away This is not a financial advice dyorr Enjoyy🌞
Bitcoin has successfully rebounded from the support area and broken through the principal descending trendline. Following this pullback, there's a solid chance for a significant upward movement if the minor trendline is breached. Keep an eye on the trend for the best trading opportunities.
No change from my last update. Weekend was boring but the falling wedge consolidation has been tightening really nicely on declining volume. I am still looking for 66.5k from this setup when it breakout today or tomorrow. I will re-evaluate on a failure to the downisde
I don't often post BTCUSD outlooks, I usually keep them to myself but I figured I would shake things up this week. This is my 3 month outlook on BTCUSD. Green is what I deem as the most likely, purple is the alternative. Green is the most likely to me just because of the broader market outlook and BTCUSD's strong relationship to NDX and SPX over the past 75...
I have seen enough to determine that we are headed to a new all time high just like the stock market will see a new high before we head lower. If you haven't seen my idea on the SPX (see the link below). Looking at the BTC on the monthly chart, we can see that it looks like we are doing an expanded flat. As we can see the top in October 2021 was not the "real" top...
Smart Money contraction value lines. Contractions work as magnets by moving the candlesticks. ADR 3 point locations are where the trend plays its role before it decides to make the next move. PI CYCLES now read the $58k zone, and should not go any lower than $55k, not because of the bottom red trend but because I need to add a 3k less value based on history...
1- FIRST : For BTC İf we regard September-October2023 and From 28500 Dolar beginning To March 2024 Peak 73500 Dolar Level, we increased 45000 Dolar. normally %50 fibonacci retracement level works and its normal to decline 22500 Dolar from 73500 peak, that is 51000 Dolar. But in an uptrend usually Fibo 0.382 I mean % 38.2 retracement rule works. On the...