Bitcoin (BTCUSD) hit and broke yesterday below the 1D MA100 (red trend-line) for the first time in more than 3 months (since January 23 2024). This is progressively turning the majority of news and traders across the market bearish and in full confidence of shorting to even lower prices. Should long-term investors panic? The answer appears to be 'No' and in fact...
Bitcoin broke below the critical support level at $59,313 and established a new low below $57,000. In doing so, Bitcoin fell through the lower bound of the downward-sloping channel, further bolstering a bearish case in the short term. In our opinion, it is possible we are witnessing the bursting of a bubble. However, more developments are needed to confirm this...
this is what i told efew days ago. in 52k price has to way up to 68-70k or down to 48k be ready for take a good position
hello guys... as you can see btc made a range. on the other hand, this coin broke down the ascending channel. the gray area seems a great target for the short position. ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to...
hello guys... do you think it is a crown pattern?! I know the D and F waves didn’t finish at the same level, but I suppose we can ignore it! if it is this pattern we can assume this coin wanna touch the 52k area! ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer...
📊Analysis by AhmadArz: 🔍Entry: 59570 🛑Stop Loss: 61192 🎯Take Profit: 58272 - 56468 - 54908 - 52987 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
#Crypto creates many parabolic moves as they are reflexive assets fuelled by Fear and Greed. I am currently on alert that we may have a parabolic rise on our hands. And we could #BTC double to reach very close to that $100K level BEFORE summertime. Our #Alts could go beserk but we must have some sort of selling plan in place. You need to come up with your...
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Hello dear traders, we are new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys. The daily chart shows Bitcoin consolidating between $60K to $72K. Recent price action dipped towards the...
Hello friends, I hope my sound is better in the video. The Price stopped in Day Liquidity and now we are at a crossroads: 1st is to continue in Bearish scenarios by creating downside waves lower high and lower low. 2nd is to complete the Correction Red wave (X) wave as we spoke in the previous post Don't forget to follow me and support my idea, let's...
bar chart array; I was looking at this the other day, two days ago, and noticed how solid the background is plus counting the fades there's only 5 out of 10. I also noticed unlike most cryptocurrency that follows through with the entire cycle before madness gains, Bitcoin does not necessarily follow that trend. Bar Chart Arrays are not finite technical indicators....
Price is rising towards the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 61939.30 Why we like it: There is a pullback resistance level which aligns with the 50% Fibonacci retracement. Stop loss: 63139.51 Why we like it: There is a pullback resistance...
The news of Binance's billionaire founder, Changpeng Zhao, being sentenced to four months in prison after pleading guilty to charges of enabling money laundering at his crypto exchange could potentially trigger a selloff in BNB. This development raises concerns about the governance and regulatory compliance within the exchange, which may lead investors to...
Hey, I am not promoting the idea of a possible double top, but the reality is that adjusted for inflation Bitcoin has failed to make a new high from three years ago, despite halving, despite ETFs. Just something to think about if you want to be honest with yourself, huh?
BTC Update #BTC If Failed To Hold Support Level ( GETTEX:59K ) Then , Surely We Can See A Blood Bath Coming Till Major Support ($50k).... #NFA #DYOR
Hello Friends, We reached for second liquidity after breaking out of the first and touched the low liquidity at 60300, it may break out also and go to 58580 directly ?!! But I am starting to think of an Irregular or Running Flat pattern. I put a Scenario for the Extension of the Red wave (X) as Yellow ABC, after making Small adjustments to my count which matches...
Hello traders this my update about bitcoin for short term. good luck for everybody . Be careful there is a big manipulation is coming before and after the bitcoin halving.
The daily chart for Bitcoin (BTC/USDT) illustrates a downward trend with a descending trendline that marks the resistance level (R1). Currently, Bitcoin is priced at $60,082.01, with a significant support level (S1) at $63,097.93, which it has recently broken through. The next support levels are at $59,065.59 (S2) and $56,226.29 (S3). The resistance marked by the...
In this analysis I want to discuss the possibility that Bitcoin is copying the 2019 mid-cycle bull-market and the following bear market. I don't see this as the most likely scenario, but it's still a scenario that can happen one way or another. As seen on the chart, Bitcoin saw a massive ~370% gain after bottoming in November 2022. A similar gain was achieved...