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Based on the provided market data for Bitcoin (BTC) against Tether (USDT), the current price of BTC is $42,635. On a 4-hour timeframe, the Relative Strength Index (RSI) is at 41.78, which indicates that the market is neither overbought nor oversold. The Moving Average Convergence Divergence (MACD) is at -159.0, suggesting a bearish signal. The Bollinger Bands...
My idea is based on numerology and tumbler, according to them you can understand that in the near future right after the new year the price will fly strongly upwards.
Hello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price some days ago rose in an upward channel, where it reached the 37700 support level, which coincided with the buyer zone, but firstly it rolled down to the support line of the channel. After this, BTC bounced up to the 37700 level, broke it, and later made a...
🏃♂️Bitcoin is moving in the 🔴 Resistance zone($43,500_$42,800) 🔴 and near the Resistance line and inside the Ascending Channel . 🌊According to the theory of Elliott waves , Bitcoin seems to be completing a Zigzag(ABC/5-3-5) correction in the ascending channel so that wave A has an Expanding Leading Diagonal . 💡Also, Bitcoin has managed to form a 🦀...
BTCUSD/DXY 1w 2013-2023 ( 10 years period) 2014-2019 CYCLE and 2019-2024 CYCLE Level-1 > bottom Level-2 > Reversal Level-3 > Hope Level-4 > ATH Again ! Indicators: Keltner Channel Mayer Multiple Bands (75 MA) The BTCUSD/DXY pair refers to the relationship between the price of Bitcoin (BTC) in (USD) and the US Dollar Currency Index (DXY)....
In a previous article about Bitcoin, we discussed how it has been struggling to move higher since early December 2023. Additionally, we outlined a few bearish developments on the daily chart and emphasized the weak trend. Currently, we are paying close attention to the pattern resembling an ascending triangle on the hourly chart. A breakout above the upper bound...
$CELR appears promising on a daily timeframe. After successfully flipping the red zone, consider entering, and then enjoy the ride. Always incorporate a stop-loss strategy. Everything is on the chart. Trust @TheCryptoCity1 #1000x #CryptoNews #BULLRUN2024
Hey folks! It's time for another Bitcoin update. We're likely at a local top now, at least if you compare the timing to the acculmulation time after the Halving Run 1 and Halving Run 2 crashes. Around this time, there were also local tops from HR1 and HR2 accumulation times. As a bonus, Volume is also showing signs of starting to cool down. A drop to 25-35K is...
This chart shows the amount price has dropped from all time high to all time low during each bitcoin market 'cycle'. Each cycle's price action obviously being fueled by Bitcoin's Proof of Work Halving. As you can seek, the bottom trendline (market bottoms) shows a 4 degree slope upwards, with the top trendline (market tops) having a slight slope downwards. ...
BTC has shown bullish willingness. I anticipate the new year to visit the lows around 25K, and the quarterly FVG, I will be there to accumulate some. Market might decide not to even go there and just fill the inefficiency at 32K and decide to moon from there. I'd worry about BTC if we close below 19K and stay there for over a couple of days. I'm not a Crypto bull...
BSV has been consolidating for a week at a key level of significance. Within this period it have been making higher lows and demonstrating accumulation. It is a clear trade to the next target.
SNX is showing a clear bullish accumulation structure. After breaking above resistance and confirming it as support our next real target is 7.7 dollars. The chart is really simple, and I wouldn't enter a leveraged long here. However, if you have a long term goal of holding certain tokens this one has tremendous upside and looks incredibly bullish. I'll see you...
This support and Resistance Line has been relevant for over half of the crypto markets life span. I believe this a final retest before going parabolic! What an exciting time! Comment let know your thoughts If you like my content please follow
BTCUSDT can go anyway so take this and plan yourself accordingly Looking forward to a more bearish move that could later follow up with a more buying pressure on 2024 Check this analysis out.
Greetings, BTC has been struggling to breakout and then stay above $44K. With time since the previous move above $38K resistance, the top trendline has been descending. Along with that, the recent bounces have created an ascending bottom trendline. If we extend this bottom trendline back, it aligns well with the previous resistance very well which makes it a...
Let's keep looking at the US #Dollar again. Weekly, the RSI is still forming a Positive Divergence. Daily, TVC:DXY is also forming a Positive Divergence. It's also oversold. These are the 1st signs of a POSSIBLE turnaround for the currency. It's still early but those that are open to risk COULD initiate an opening position that could turn out interesting....
The closer we get to a spot bitcoin ETF approval (~2nd to 10th of January 2024) the more I think it will play out as a crypto typical "sell the news" event. I kind of think it's priced in already and the latest rally was 90% driven by this narrative. Please don't get me wrong, I'm sure BTC-ETFs will have a positive impact on price for all the obvious reasons, but...