If you draw the previous bull cycle over the current chart, we can still drop to 44K, you also see that it hits exactly the key levels up to about 44K
Weekly analysis of BTC according to April and May: BTC generally experiences price consolidation between April and May in recent years. If a sharp decline occurs in the third week of April (59634-55261), the market typically responds with two weeks of green movement between the last week of April and the first week of May. Then, it follows a period of ups and...
If the price of Bitcoin stabilizes at 61630.1, then the market is expected to fall to the range of 592220. But this depends on BTC.D and USD.D, which are currently at critical points. Also, for the rest of the coins, when the BTC trend line breaks, we will expect the price to drop. BINANCE:BTCUSD.P
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Completed " 1234 " Impulsive Waves Consolidation Phase Break of Structure RSI - Divergence Rising Wedge as an Corrective Pattern in Short Time Frame
We have formed bull flag on daily chart. RSI is holding strong around 50. We are building momentum for huge up move just after halving.
My expectation of Bitcoin price changes is a very rational and maybe boring process. It means that in the future Bitcoin will reach the price of 53 with a tight trend and by building a strong support at the same price and tight range up to the current range (60-63) and not losing 50 moves and the next run up to 100,000 to 140,000 give
Momentum is also a KEY behavior of price. When least expected, these underwater currents can drag you lower (or higher). #bitcoin #btc #momentum
My idea is that we see a further correction to the 56k level before resuming the bullrun.
After getting back onto TradingView to do some more daily market updates (which wasn't the plan) I put less effort into the market setups as I'd gone over to the otherside of the progression curve. Students have the same thing happen to them once they have gone beyond the honeymoon period and then into the management of their patience and discipline rather than...
the currently highest price reached by Bitcoin: $74,000 was reached before the halving, this anomaly is not reflected in previous halving processes and could be connected to behavioral changes of investors such as: ETF institutional funds, movement from limited BTC and largely towards memocoins instead of Ethereum.
Hi Traders BTCUSD price is ready to fly Btcusd currently experiencing worldwide Up trend has reached its highest price ever I predict that the market will bounce back From the support level move towards the Nearby Target BTCUSD BUY FROM. 63106 TARGET ZONE. 77523 If this post is useful for you You can support me with like And advice comments
Price may continue to work into the lows and during the beginning of the NY session take out the Hi of Day to continue the trend back down. Watch the timing and levels, let them show there hand first.
btc daily After the end of wave 4, we can continue to grow up
#BTCUSD - H1 📣 Upon analyzing the 1-hour timeframe, with the break of the descending trend in the range of 64866, there is an expectation of price growth towards the range of 68000. ⛔ Stop Loss: 61700 On the other hand, with the break of the range of 61700, one can be optimistic about a price decline towards the range of 57000. ⛔ Stop Loss: 64866
Sometimes, its a good idea to look away from the PA and to take a look at the other info presented to us as people Buy and Sell #Bitcoin Two Major indicators for me are the MACD and the RSI. The image here is the DAILY #BTC chart for those, since December 2022 At a quick glance you can see that Both MACD and RSI have reset a long way. This gives PA room to...
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Following fibs and EW cycles, I can see a clear organizaion in play. Don't miss out on this one, lads. Just be patient and trust the math