This is a risky idea based on observation: Follow the EMA 100, which is currently supporting CRYPTOCAP:BTC , but it shows signs of weakness. At the same time, we are seeing bearish consolidation or an inverted cup pattern. We have two weak bearish oscillators falling. I know all the famous influencers are bullish in their videos, but should we be worried? ...
BTC/USDT Technical Analysis! 🔹 Current Price: $68,390 🔹 Strong Support: $62,433 🔹 Resistance: $73,000 BTC closed with a red daily candle at $68398 and is still trading sideways. It recently broke out of a symmetrical triangle, indicating potential upward momentum. This sideways PA is the reason why Alst are breathing green. Watch for a break above $73,000...
There are many reasons why CRYPTOCAP:BTC could actually fall further from this descending channel, both on the chart and in the macro economy. Let's dig into my reasoning and how I came to this conclusion. Here is a list of negative factors: The macroeconomic outlook is bad. We will likely see poor CPI reports and disappointing FED meetings in the coming...
Traders, It is ad nauseam that I have been referring to my multi-year support/resistance trend line. But here we are again. Interestingly enough, it is also currently intersecting the top of my bullish descending wedge, making a critical area of confluence to become resistance. As I see it, there are now two paths for Bitcoin. A break to the top side would...
“Bitcoin has been consolidating in the current range from the past 84 days, IMO from the current price, BTC will hit the Top within the next 300 days,” they wrote in a May 22 post on X.
Perfect bounce on BTC at our first TP. I shared this idea some days ago and we has seen a retest there, exactly on H4 and daily resistance zone. I think we will see another continuation of the pump and this time we can probably target new ATH, and we can stop the run above $75-80.000. It's not yet the time to short
Btc has perfectly followed my previous ideas and has given us good profits. Now again as it’s in bullish trend I will look for relong in mentioned POI box.
Our previous deal closed due to a stop loss. However, since our goals remain unchanged, we're re-entering the deal. We observed a fakeout and subsequent rise, confirming our upward trend. Let's ride this wave! 🚀📈 This goal was sent to me by a major player in the game. His insights always hit the mark because his team commands one of the largest capitals in the...
This is my idea about CRYPTOCAP:BTC short term, please be cautious as we approach the halving date. I didn't enter in this trade, this is just an idea. * This is not FA and please DYOR.
I think something like this make sense? We are at a 1st leg or wave of impulse, that is led by early adapters. 2nd leg up would be BTC outperforming SPX. 3rd wave would be a market chop w/ still some opportunities. 1st wave -> buy when it's cheap (bellow 70k crowd). Then comes rally to 120-150k. Before it becomes too expensive. 2nd and 3rd wave are led by ppl...
A wave of optimism is sweeping across the cryptocurrency market, with Bitcoin (BTC) at the forefront. After a period of consolidation, bulls appear to be taking charge, sparking positive momentum not only in Bitcoin but also in altcoins like Solana (SOL) and Fantom (FTM). Bitcoin's Technical Analysis Hints at Upswing Technical indicators for Bitcoin are painting...
Bitcoin is keep pumping as i was expecting in my previous idea. I think it will keep on pumping at least till the resistance area around $71.000. Here we could probably see a fast pullback around $65.000 again, but my main target for this year is above $75.000
Looking at the macro view on BTC price action one could say that it is the most bullish asset class in history and it is folks.. it is. Think long term with this and stop daytrading getting wrecked on chop.
Hello everyone. Today's rise in BTC is completely expected. And I started buying around 61500 and reached my TP price. At present, BTC remains oscillating in the 70,000-60,000 area. Tomorrow I will continue to share with you the trend analysis of BTC here
Bitcoin (BTC) surprised many on May 16th with a sudden surge that brought its price close to $66,000. This bullish move followed a period of consolidation and came amidst a broader risk-asset rally triggered by positive economic data from the United States. While some analysts remain cautious, others see this jump as a potential springboard for further gains,...
Previous analysis worked out perfectly. We are in deep profits and i placed the stops at break even. But now, what's next for BTC? Probably it will not stop now, i think it will keep pumping at least till the $71.000 area where we can maybe have a retrace till $63-65.000. But it's still too early for that. For now, let's enjoy the ride
Bitcoin is currently in a downtrend, which we can observe on the daily time frame. It has been forming a pattern of lower lows and lower highs. However, there’s an interesting development when we zoom in to the 30-minute time frame. On the daily chart, BTC retraced and moved away from an optimal entry point. But on the 30-minute chart, using the same strategy, we...