Bitcoin is forming a double bottom and a falling wedge formation this could indicate an extremely bullish scenario where we see bitcoin fly past $73,000 Take caution when executing the trade as a Triple top formation can also lead to a bearish case leading us straight to $58,000 or $59,000 on the low end Bullish Case is 90% Scenario Bearish Case is at 10%...
Hello, traders and investors!🫶 I'm glad to welcome You to my page! Today I wanna share with You a possible key to understanding Bitcoin's movements. In the world of finance, there are often questions about why asset prices behave the way they do. Some seem chaotic and unpredictable, but there is always a certain logic behind them, the main thing is to want to see...
1 Day Gap at $45,376. 3 BULL contractions, one after another. BTC Value stays within range unless theres correction, if there was correction then why is ADR at 177%? I’ve never seen BTC below 161%/168%. See reversal coming soon, still pending. Two orange lines are pivots. I see it as a BTC firewall barrier. BULL SHARKS are still giving the whales...
My views have been unchanged on this market and I'm of the belief we peak in Nov/Dec this year around 130-140k~, Expecting a massive alt season for most of the year.
Following my prior idea on a Potential Massive Bitcoin Expanded Flat Correction Around $4k: I thought this idea to be interesting enough to share with the general public. It's referred to as the Bump-and-Run Reversal Top. The pattern was discovered by Thomas Bulkowski in 1996. What is even more fascinating is the fact that aside from the author's pattern...
Three previous Bitcoin halving events have seen a considerable decline in BTC price prior to the event and a surge in the asset’s price in the months and weeks following the mining reward halving. The Higher The Better to SELL Bitcoins: PowerCrash to 24kK34K,even deeper to 8K potentially preparing. Bitcoin’s current rally is driven by institutional capital...
A Sick Feeling in the Belly of the Yield Curve Another sign that Fed credibility is waning. The socioeconomic point of view is that, as the Supercycle bear market develops, central banks will lose their mantle as being omnipotent directors of markets. Whereas in the bull market, central bankers like Alan “the Maestro” Greenspan were lauded because positive...
Bitcoin is placed in a large range box and is confidently touching the ceiling and floor of this box A block order is located near the last point that it returned from there, which can be strongly rejected on its return, and Bitcoin will experience a 50% correction from the new ceiling it hit.
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...
monitoring weekly 52k and 47k support it's all about same pattern but monthly not finished yet will bullish pattern IMO
Hello, friends! 👋🏻Today, let's dive into the world of Bitcoin trading and explore some key insights from the daily chart. ⚡️ Today, let's take a look at the daily Bitcoin chart, where I've highlighted the time frame from the decline in 2021 to our current days in 2024 with a white ⚪️ bowl-shaped area. Starting from November 2022 until the beginning of 2023,...
Greetings to those still in tune with the market. I aspire to continuously keep up with the crypto market in the long term, so we'll resume my work with an updated Bitcoin concept. As you can clearly see, my $78k take profit is a PARTIAL take profit zone. Never miss the top, as your mentor once said. My FWB:65K support zone is mainly just sell info, be careful...
Current price action is similar to the 2021 topping action. This could be the first halving event where Bitcoin puts in an early cycle top. This projection is purely hypothetical and I hope I am wrong. However, it is important to understand any type of scenario and how you would trade it. Be blessed! Handy
In the thrilling saga of Bitcoin's trajectory, I foresee a downward trend currently gripping the market. Our trusty support level seems to be circling around the 55k mark, where eager buyers are likely to swoop in like seagulls at a beach picnic. Expect some resistance around the 57k zone, akin to hitting a speed bump on the highway to crypto glory. But fear...
(1) Looks like the the buyers of the physical coin ( Not derivative ) has dried up. (2) The 100 Day SMA has not crossed above the 200 Day SMA *Note - The 100 Day SMA has NOT been below the 200 Day SMA since 2017. (3) The current peak has hit the top of the long term trend lines ( Weekly chart ) *The only thing that would change this view is a break above the...
So the party is over, i believe the fuel in btc run is over we will see bearish market for next 2-3 months untill we will rise again and set new ath next year everyone is so optimistic. even doctor profit is calling for 78-79k which is not possible for now. you need to sell your btc before its too late. RSI is at overbought the fear and greed level is at the...
Bitcoin Forecast for the next 12-18 months with weekly,daily & hourly possible entry positions. by Tshepiso Romeo Sambo
An analysis to try understand where long term buy / sell / accumulate periods are. Strat takes into consideration halvings since genesis, and assumes a regular monthly income to be utilized for strat.