Bitcoin futures managed to fid support above $60k before snapping a 4-day losing streak. Bullish momentum increased from GETTEX:64K , and the move lower since appears to be corrective in nature against the strong rally from $64k.
A bullish outside / engulfing candle formed around the 50% retracement level and above Wednesday's daily TPO VAH time price...
we ascended rather quickly, but not quick enough to invalidate the bear case.
most of the bears have gotten wiped out as of me writing this.
a lot of boomers have entered into the market and have an average cost average of 54k.
exciting times, for the new guys,
but it's the same story for anyone who's been around since the very beginning.
pump,...
BTC h&s 61k target 1 conflunet with .618 of 38k>74k, also .382 retracement of 15k>74k, also Feb 21 lows
-Target 2 confluent with Jan 8 highs
-Target 3 confluent with Jan 22 lows and .618 retracement of 15k>74k
Bitcoin has broken the downward channel, but this is more important. If you want to buy, wait until the channel entry corrects. I was looking for buying now in the selling opportunities from this resistance. Good luck.
The Bitcoin futures market is showing signs of a potential reversal short-term bearish impulse, with institutional traders accumulating positions in a newly identified accumulation zone. This zone, marked on the chart, represents an area where large buyers have been actively buying BTC futures contracts.
The accumulation zone has been formed after a period of...
My analysis for Bitcoin: The support has been broken. Now it has turned into resistance. Wait for the resistance level. Take a sell deal with the issuance of the news. I am positive about the dollar. Bitcoin will witness a decline. Good luck.
3.19.24 In this video I wanted to show examples of expansion taking into account differences between one market and another. The details are explained in the video.
Market ready to sweep buyside liquidity at 74K.
Expect 75k within 2 week.
Buyzones and sellzones marked.
Range till halving(19 april) most likely.
Range means buy low and sell high.
Stay safe.
U make most money in ranges but need to stop trading before breakout occurs.
Expect breakout to the upside end of april to 100K.
GOOD MORNING
The CRYPTOCAP:BTC RSI is weakening further as it hits 74k.
The closer it gets to 80-100k the more risk rises.
#BTC is due for another correction/consolidation, IMO.
#Bitcoin $ Flow is still decent so, IMO this is not the top.
A)Shows RSI peaked & Selling begins to come in.
EURONEXT:FLOW was NOT strong at all.
B) Volume is light before picking...
The relationship between inflation and Bitcoin - they moves in tandem together, in the same direction.
We saw Bitcoin has broken above its 2021 high, and it is likely to continue this trend.
Many attribute the reason behind this rally to the approval of Bitcoin ETF by SEC in January of this year. While this approval serves an incentive, the core reason for...
Logarithm. Assignment in three days. Formations "Bowl". There is a fractal similarity.
The Nasdaq index is "ahead." The price is now at $15,237 after a nearly vertical strong price rise from the last consolidation of +18.21%. Note the price levels and their values on the CME.
Bitcoin lags noticeably if this fractal structure is realized, but the % ratio targets...
Going over BTC since its breakout. looking for clues and trying to LISTEN to what the market is telling us. always know where you'll get out if you're wrong and dont fade the trend. thats our motto.
BTC is showing remarkable resilience, holding steady above the $90K mark! 📈 It's a testament to the growing confidence in cryptocurrency markets. As we look ahead, experts predict a bullish trajectory, with BTC poised to surpass $90K and potentially reach new heights before the year's end. For traders with long positions, this presents a compelling opportunity to...
