Based on the analysis of technical indicators on BTCUSDT chart, a potential price increase can be anticipated. Currently, the Money Flow Index (MFI) is at a low level, which may suggest an undervaluation and a possible trend reversal. At the same time, the Average Directional Index (ADX), which measures the strength of a trend, is showing growth, signaling a...
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...
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Over the next five months, from May to September, Bitcoin is poised to undergo what I term the "BTC after Halving effects." This phase is not only anticipated to test Bitcoin's resilience but also challenge the resolve of weak holders, as the current price is likely to experience a pullback. However, the extent of this pullback remains uncertain, especially with...
Bitcoin under selling pressure could retest 58000 Heavy selling could retest nearest support level
Hello traders, Checkout the latest update on Bitcoin. As expected rejected from resistance. Checkout the last video also
After a deeper corrective decline, Bitcoin ( CRYPTOCAP:BTC ) bounces strongly, suggesting that the correction may be over at the ideal 38,2% Fibonacci retracement near 56k support. A bullish continuation within wave could send the price back to all-time highs towards 75k-80k area, but short-term pullbacks should be noted. Bitcoin ( CRYPTOCAP:BTC ) price has been...
This looks like the most interesting long setup in crypto mining should the opportunity present itself. In the short term, I think price will likely continue up into the $1400-1500 range. If price can't break through that level, I think it'll be a great short. If you look at the correction so far, we've only had 2 legs down, I think the 3rd is yet to come which...
Hi Everyone! BTC Update today Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰ If BTC can breakout the Resistance 64,700, BTC potential pump to 66,700 but, If BTC can't break the Resist, we will see BTC will go down to Support area 60,000 Good Luck Guys! *Follow For More! *DYOR
As we closely monitor the current trajectory of Bitcoin, it's evident that its strength is diminishing, prompting a thoughtful examination of our strategic options. In navigating this landscape, it's imperative to remain agile and responsive to market dynamics. Should we witness a loss of the 65475 mark within the span of this week, the scenario of adopting short...
Following CRYPOTLEAN projections to the point, BTC tested the top of $60,239 zone and we saw a bullish rejection leading the price to $63,245 resistance. 1. A dip to $61,742 followed by a strong bullish rejection can lead to a long scalp opportunity towards $63,245 and higher to $66,786. 2. A bullish break-out of $63,245 will lead to more upside towards...
1 graph that says it all.. Bitcoin history and a blink for the future?
Medium-term analysis of COINBASE:BTCUSD indicates that the price is poised to surge towards new all-time highs, with a probability of 65.28%! Let's get into the underlying reasons for this: 1. The current status on the "1D" timeframe is "Active," indicating that the price has already reached and touched the 50% equilibrium level on the current timeframe. 2....
After accurately predicting the upward movement of bitcoin from the previous year ( link ), I envision this corrective path for it, and after that I see the continuation of the upward movement and high targets for it. If the correction reaches the range of 49,000 to 50,000, we will reach oversold in weekly time and we are ready to start an upward movement. But...
Hello Traders and Investors, today I will take a look at Bitcoin . -------- Explanation of my video analysis: On the higher timeframes of the Bitcoin chart - symbol BTCUSD - you can immediately spot a simple rising channel formation. About a year ago, Bitcoin retested and rejected the lower support of the rising channel formation and is now retesting the...
Hello Traders, Checkout the very quick update on Bitcoin and few coins
Bitcoin lacks the momentum and is gathering liquidity around $63,245 that will continue to act as the magnet. A quick dip to below $63,245 towards $63,244 or the zone around $60,239 followed by a strong bullish rejection can lead to a long scalp opportunity. A consolidation above $63,245 will be considered as a sign of strength and will lead to more...
Bitcoin is currently trading at $63,600. The trend on the daily chart appears Bearish, indicating a downward movement. Sellers are gaining strength, and the chart is forming higher lows and lower highs, suggesting continued downward pressure. My initial target for selling in this scenario is $59,000.