There is a strong support at about $49000 if Bitcoin respects this falling wedge to its apex. The next month could be bearish but overall, very bullish into the latter part of the year! Not financial advice.
What a nice impulse up so far... Good ole BTC. Looking for a continuation higher within regards to the weekly and daily charts. This idea is the daily view you can ignore all the noise/lines besides the white arrows we will likely go higher than 1.272 but it will be a good start. there is also a possible move down in terms of correcting deeper but imo its highly...
What I have here are a bunch of momentum channels piled on each other on the keltner channel oscillator. (weekly light blue, daily green, 3hr light purple) I didn't bother hiding lines from the diff time frames, which helps put into perspective each zone in accordance to the keltner channel TF price is in. IE on the weekly we're above the KC Mid Line. Same with...
I took a look at Bitcoin price action as well as the orderbooks. I think it's unlikely price will continue downwards. Instead of a grind down, I see a horizontal or vertical grind, before new highs. I believe in the idea in Bitcoin. Pattern recognition also is screaming at me to buy here. The faithful will be rewarded.
Fib Retracement with an interesting smart money contraction. Trend line points parallel upwards to wear the smart money contraction, horizontal red dotted line. If there’s a breakout then the 2MO TF BEARS loose. Stoch RSI will confirm it by bull trend must cross the bear trend making a curve to the upside. No price range, not possible. If there’s spoofing...
Could potentially be a sharp decline. Chart outlines a potential path for the next 1-2 weeks. Looking to potentially take tp at 57200-58000 For now TP is set and lets see how the week develops
Hello Traders and Investors, today I will take a look at Bitcoin . -------- Explanation of my video analysis: For more than five years Bitcoin has been trading in a solid rising channel formation. We saw the last retest of support in 2022 which was followed by a bullish reversal on the smaller timeframes and an incredible rally of 300% towards the upside....
BITCOIN: Bearish – Head and Shoulders + Ascending Wedge Two classic Chartist figures were detected by the Wolf of Zurich: 1- An “ascending wedge” which would bring the price down towards $62,632. 2- A “Head and Shoulders” which would subsequently bring the price down to around $52,080. The EMA.50 and 200 also remain potential targets caution.
Hi fellow traders, BTCUSD is ready to make a move higher from the blue box. Target the 64334.88 level. Good luck and trade safe!
CRYPTOCAP:BTC , sweep and reclaim playing out, longed some alts on the sweep, lets see how daily closes. ✍🏻
I’m short selling BTC since it’s been in Chaos during this 2MO TF. Theres no way of telling where the trend will end up. It’s very volatile. My new strategy is following smart money buying and selling. For now this is best way to go for me until BTC reestablishes. I have prices in mind but my main focus is following the buys and sells from the bigger traders....
we have , 1-Harmonic pattern 2-demande zone Good Luck
SELL! Hold to target. Good luck! Stop hunt H4? easy... all in!
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Bitcoin is an invention designed to grow forever as long as we live. If you see the same vision, don't forget to support the analysis. I'm releasing UPDATE2 earlier than planned because today the channel reached *666* followers. The analysis is set for long-term updating. It doesn't matter if the price is 70k or 50k as long as you see the big picture. The world...
BTC is trending on a downward chanel. The bottom of chanel is at $50K. Not a financial advice.
It feels a little messy right now, but BTC could form a falling wedge here, which is a bullish pattern. We are also at the low end of the range and the deviation is complete. The relative strength index has also returned to January levels, but is also poised for the next round of gains in the coming weeks
#BTC another day hugging the line COINBASE:BTCUSD