BTC-2024 Daily chart projection for the rest of the year.Eliott waves. Projection done on May 11th, 2024. Correction waves until 42-45k range, then impulse waves all the way up to 125-140k.Longby Manuel_Huerta2
Bitcoin BTC/USD, updateIn this situation Clearly, Bitcoin price is likely to continue falling towards around 54,000 USD. This conclusion is supported by the appearance of a Rising Wedge (bearish reversal pattern), resistance at 67,000 USD, and the emergence of Bearish Divergence in MACD. However, this is a risk, and don'Shortby My_yvnv3
Bitcoin $68,700 breakout was a good sign!Bitcoin (BTC) bulls cheered as the price smashed through the $68,700 resistance level, marking a significant milestone. However, the climb has stalled as the coin encounters a new hurdle - the $69,700 to $70,500 resistance zone . A decisive break above $70,500 could signal further bullish momeLongby Z4F4RUpdated 4
Two scenarios for $BTCThe price could not touch its previous high and also broke the trendline Considering the stronger downward momentum, I consider scenario 2 more reliableby Alireza_kamali3
Bitcoin on Brink of Breakout: Bulls Eye $68,700 as Support HoldsBitcoin (BTC) is currently finding support at $64,500 on the 4-hour time frame. The price is facing resistance at $66,100, and a breakout above this level could lead to a further rise towards $67,400. If the market shows strength, this breakout could reach a target price of $68,700. Bitcoin's recenLongby Z4F4RUpdated 113
BTC/USDT 4HInterval Chart ReviewHello everyone, let's take a look at the BTC to USDT chart on a 4-hour time frame. As you can see, the price came out of the local upward trend line. Let's start by determining the support line and as you can see, the first support in the near future is $64,988, when the price comes out the bottom,by cryptodailyuk3
Bitcoin Finds Support After Rejection at $71,200In a recent price movement, Bitcoin encountered resistance at $71,200 on a 4-hour chart timeframe. This rejection indicates that there were more sellers than buyers at that price point, preventing Bitcoin from breaking through. However, there's some positive news for bulls. The world's leading crLongby Z4F4R2
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Think BTC can't go higher? NVDA move from Oct '22 lows overlaidA lot of people want to call tops on powerful moves. Bitcoin is approaching ATHs and up significantly over the last year. Yet NVDA, a stock with a market cap twice the size of BTC has already moved much more in the same time period.Longby CRCharts110
BITCOIN is creating a potential Cup & Handle formation.BTC is currently, potentially creating a smaller Cup & Handle formation. (In white) And, a potentially larger Cup & Handle formation. (In Blue) Bitcoin has been on an absolute tear the past few days, and these formations could come into play down the road if price action continues to fill them out.Longby MetaShackleUpdated 8