Bitcoin made a run for higher levels, breaking through resistance at $45K, but topping out at $45.6K, exactly as we predicted here. It seems that inflation data and increased Fed rate hike expectations have taken their toll on crypto. We appear to be maintaining the $40K's for now, but have retraced sharply to $43.1K. This level has held strong in the past, but...
Bitcoin analysis in 4-hour timeframe / Bitcoin support and resistance/ start flag increase / middle support of anchored vmap
Bitcoin price bounced from Fib 161.80% extension which is common reversal point. We reached also the local Fib retracement around 44800$. The closest support is 43200$ which is one of local highest volume node. The next support is around 41500$ (fib 100% extension & local highest volume node) which can be close to lower line of local ascending channel and a...
Bitcoin escaped the downtrend from before and went side ways for a little while, like the stock market it is likely affected by CPI and inflation numbers and will drop from here again
#Bitcoin hit $45821 Almost hit our Target. Now Again Trading at Support level. If hold $43700 then we can see again upward move. Otherwise Ready to $40700
Bitcoin is currently at MAJOR HZ resistance and 100EMA. If daily close above, 50k should be next up. If rejected, I have drawn out a potential chop zone in bottom of channel. We could see a right shoulder form here before break out (see drawing). All possibilities but we are definitely trending in the right direction, for now. —————————————————————————————— ...
Bitcoin is having a relief rally since it bounced from the 32k support. The first wave of the rally is due for correction, but this is for the short term. My focus is on the Daily timeframe and what I see is the incoming test of that MAJOR Support/Resistance level - the white line. Of course it confluences with another horizontal support/resistance level. As You...
Bitcoin has broken out of a strong descending channel on the 12H timeframe and is now aiming at $50,000. This $50,000 target is supported by a break above EMA100 and EMA50 recently with good volume. This resistance level is set halfway thru the real body of the strong bearish candle on 3-Dec. 2021. We also have MA200 reaching this exact same level. The...
Bitcoin Needs to Hold the $43K Level to Avoid a Slip back to $38 & $35K
Bitcoin is out of its triangle pattern and is resting as a rising flag pattern And then new targets will be attacked
Bitcoin is approaching the 2022 open The 2021 open was a significant price point all year Will we see the same in 2022? Price above the yearly open may indicate more gains in Q1 A failure to rally and close above the yearly open is bearish
#BITCOIN $BTC currently trading at $44100 Breaking out Resistance in 1H time frame. Above Yellow TL bullish toward $46000 $44300 is also Resistance in LTF Bullish above $44300 1H candle also closed above Yellow TL Let’s see $44300 resistance break or not. Keep an eye on this level. Support:- $43300 Resistance:- $44300
Bitcoin is consolidating towards the trendline for the fourth time, price is being rejected each time it comes close to the trendline. There appears to be good volume each time the price dips. I will go long when the price breaks above the trendline with strong bullish momentum and look to take profit around $45k.
Bitcoin gained pace above the $42,000 resistance zone against the US Dollar. BTC is now surging and might even surpass the $45,000 resistance zone in the near term. Bitcoin started a strong increase above the $42,000 resistance zone. The price is trading well above $42,000 and the 100 hourly simple moving average. There is a connecting bullish trend line forming...
Bitcoin has created a spectacular short squeeze in the past hours and fooled all the laser eyes to fomo back into their longs and buy back what they sold for a 20% premium! laser eyes now have 20% less bitcoin than they did before but its ok because bitcoin only ever goes up! Right? The bigger the wall is, the harder it falls! when $30k finally breaks, all hell...
#Bitcoin Normal Overview:- #BTCUSDT 2 Week chart :- As Per 2 Week chart 50 EMA working Strong support level. #BTCUSDT 1 Week Chart :- As Per 1 Week Chart 50 EMA Working as Resistance. If 2 Week candle close above $44000 then Good For More Upside move. Next Weekly candle close in 5 Day 16 hours. Otherwise we can see $41500 level. 2 Week 50 EMA Support =...
#BITCOIN = $BTCUSDT trading at $44200 = Daily Already closed $41500 as I mentioned. = Big Bearish Sentiment is Now over. = You can Book profit or Move Stop Loss at $40840 = Target Still $70000 = Time Frame for Target could be $end of April/May = Already did 25% from entry and 35% from Bottom. = Keep an eye on $41500 Support level because Strong...
Bitcoin breaks above old support at $40,000 and is holding. This is showing that it may be ready to make another run for it. $53k is real resistance and we need to be watching that. If we break hard to the downside off $53k then we may have just triggered our next huge sell-off into that $30k range. The best thing would be $40k remains as support and I don't think...