Bitcoin's price movement appears to have completed its second leg up, and the current pattern suggests a high likelihood of a correction phase. With this potential pullback, BTC prices could retrace to test the previous support zone. Traders should monitor these levels closely, as they could offer critical insights into Bitcoin's near-term directional bias.
Pay attention to Ripple. The price of the token will grow significantly. In my opinion, the upward movement starts from the area of $0.35 It is also possible that it will hit $0.18. good luck
BTC UPDATE: At this point we really need a lot of patience in the market before we can say we want to bag spot…. There is a potential that BTC will first pump to 68.9k before dumping to buy wall zone on daily bullish OB below at 51.6k…. My little advice is don’t rush into market at this point and wait for a better correction in market. My view is we will...
58K may be the 5th wave of the minor corrective move. Then a generous bounce may be expected. Just a fictional strategy, not financial advice.
Has the top arrived? A question that is on the minds of many traders right now. I won't go into too much detail here, so let's get to the point. Monthly bias: SETUP is not indicating a change in direction, therefore, there are “no things to worry about in this time frame”. For now, right? Don't be naive, please! Going weekly, we have a corrective bearish pivot...
#Bitcoin Liquidity below the $60k has been taken. The price bounced right from the second EMA. The third EMA is around $58.3k, The level I've been talking about in my previous updates. The weekly close will provide more clarity. Stay tuned, I'll keep this chart updated. Thank you
Rising wedge target is back to top of chainlink accumulation range at 9.3. Clear rising wedge pattern with two touch points top and bottom. We are coming up to the Chainlink fib sequence I have been using for years it has a 100% win rate at predicting Chainlink events , major moves , bottoms or tops. Last Fib time hit was the Big move down in May 2022 marked...
🏃♂️Bitcoin is moving near the 🔴 Resistance zone($71,350-$70,900) 🔴 and seems to have broken the Support line . 🌊According to the theory of Elliott waves , Bitcoin seems to have successfully completed the Zigzag Correction(ABC/5-3-5) . 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks . 📈If Bitcoin's downward momentum is high ,...
If you haven`t sold the top on BTC: Upon observation of the chart, it appears to have developed a clear double top, a pattern widely regarded as one of the most bearish in chart analysis.
The recent dip in the crypto market, triggered by escalating tensions between Iran and Israel, serves as a stark reminder of the market's volatility. Bitcoin prices plummeted to GETTEX:59K before a swift recovery, leaving many investors wondering: was this a blip on the radar or a harbinger of things to come? **The Iran-Israel Factor:** Geopolitical tensions...
The BTC dominance is up, meaning that the capitals in crypto are flowing more into Bitcoin than others at the current time. My target is 60% by the end of the year according to the TA. ETHBTC chart is also bearish, as Ethereum is THE catalyst for altcoins. Support from 2016 broke down. Besides TONcoin, BTC and BNB are the outperformers in recent days, shows...
Seem to be going perfectly as predicted. BTC is dropping, retesting Supports to regain its bullish momentum. For how long will BTC continue to drop? For start, this is just the beginning. BTC has completed the 4hr M pattern. BTC has just broken under major SUPPORT. This support is also the neckline for the Head and shoulder pattern from the ATH. Waiting for a...
With the United States about to pass strict regulation regarding stablecoins, which includes a measure to insure "Robust transparency, audit and reporting requirements," Tether is absolutely doomed, as they have consistently refused to confirm a 1:1 peg to the USD through an independent, third-party audit, which in my book, is because they're not doing...
#BTC #Bitcoin #Short #Long #Setup 10 Result + 'New 11' #Eddy It's you & Setup 11 :-) (( Considering the structure that has formed in the market, I expect the price to return from the entry point of the new setup "11" to the range of 74,000 to 75,000 dollars. )) (( If you get pullback confirmation on the lower time frames, you can follow BTC to the new ATH....
Remember when I shared my insights a few days back? It's all about staying ahead of the game! 💡
🚀 Attention Crypto Traders! 🚀 Did you know that history might be repeating itself in the lead-up to Bitcoin's halving event? 📉 Last year, just one day before the halving, Bitcoin's price plummeted by a staggering 19%! And guess what? This year, we're seeing similar corrections as we approach the halving once again. 📉 It's a pattern worth paying attention to! In...
Hello, friends! 👋🏻Today, let's dive into the world of Bitcoin trading and explore some key insights from the daily chart. ⚡️ Today, let's take a look at the daily Bitcoin chart, where I've highlighted the time frame from the decline in 2021 to our current days in 2024 with a white ⚪️ bowl-shaped area. Starting from November 2022 until the beginning of 2023,...