Bitcoin (BTCUSD) made a new Lower Low since the short-term Channel Down started on April 14 and is rebounding in the past five hours. The long-term pattern remains a Bullish Megaphone and this Channel Down is the corrective wave towards the Higher Lows trend-line. For as long as it holds, it is likely to see it bottom on the 1D MA200 (orange trend-line) just like...
✅ BITCOIN PRICE PREDICTION✅ 🔥 Bitcoin on the daily chart is following the Head and Shoulders Pattern precisely. 🔥 🚀🎯You can target around $20-22k 🎯🚀 👉 Follow me for more opportunities.
Bitcoin (BTCUSD) posted last month the first 1M (monthly) red candle closing since December 2022. That was a strong four month bullish streak with the 1M MA50 (blue trend-line) supporting since March 2023. On today's analysis we put emphasis on the importance of the candle closings on the 1M time-frame. As you see, both May and April closed below the Resistance...
Bitcoin has formed a 🗻🗻🗻 Triple Top Pattern 🗻🗻🗻 near the 🔴resistance zone($ 27,240-$ 26,160)🔴, and a long-bodied red candle has broken the neckline. Bitcoin is currently completing a pullback to the neckline. I expect Bitcoin to go down to at least the 🎯target 🎯 I marked on the chart. Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put...
Bitcoin (BTCUSD) is very close to forming a Bullish Cross on the 1W time-frame between the 1W MA20 (red trend-line) and the 1W MA200 (orange trend-line). When completed it will be its first such pattern in its history and that is a major bullish signal on its own. In order to get a full grasp of this formation's magnitude, we compare it with the Nasdaq (NDX) on...
Bitcoin (BTCUSD) is currently testing (and so far holding) its MA200 (orange trend-line) on the 1W time-frame for the fourth straight week. This is being cemented as the new Support of the new Bull Cycle. A Bull Cycle which was confirmed after the price broke above the Lower Highs trend-line of the Bear Cycle, as well as the MA50 (blue trend-line), forming a Death...
Bitcoin is experiencing a pullback after a strong move that happened yesterday. It is bouncing off the support level and the Fibonacci 0.5 level. Bullish movement to resistance level at 28165 is possible.
Bitcoin is still moving in the descending channel. Also, Bitcoin is moving in its main bearish wave 3. I showed you the 🗺️Bitcoin roadmap🗺️ in 1-hour time frame using Elliott wave theory. Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this...
Bitcoin (BTCUSD) is on the third straight red 1D candle following Monday's rejection (and closing below) on the 1D MA50 (blue trend-line), the short-term Resistance MA. This maintains the medium-term Channel Down but at the same time the long-term Channel Up since the start of the year remains unbroken. The 1D MA100 (green trend-line) is the first line of Support...
Bitcoin, the pioneering cryptocurrency that has shaped the digital asset landscape since its inception, has been on a turbulent journey over the past two years. In November 2021, Bitcoin hit a record high of $68,974, only to tumble down to a low of $15,525 just a year later in November 2022. Today, Bitcoin's daily chart exhibits a mixed picture, with numerous...
Bitcoin (BTCUSD) is about to close the monthly candle of May and most likely it will be the first red since December. We haven't seen a four month bullish streak since January 2021. Despite the end of this succession, this is far from a discouraging long-term signal as the past two Cycles show that every time the 1M time-frame prints this pattern where a red 1M...
Bitcoin Daily Chart #TA As per daily basis chart analysis, BTC still moving into Ascending Broadening Wedge Pattern and it is always works on #Bearish Pattern, Mean's soon Bitcoin will be under Lower-Low #BearishZone. And, as per #FIBretracement, it also displays that its Higher-High mark is completed but its Lower-Low still remains. Always #DYOR before investing.
Bitcoin (BTCUSD) has been on a minor pull-back phase in the past 5-6 weeks and that is again inflicting fear in the weak hands of the market participants. However, this should make us lose sight of the bigger picture and BTC's long-term goal. This chart on the 1W time-frame illustrates a very unique pattern that splits BTC's historic price action into 4 phases...
Bitcoin - 24h expiry - We look to Sell at 27388 (stop at 27888) We look to trade the current range. Bespoke resistance is located at 27500. We look for a temporary move higher. The bias is to break to the downside. The sequence for trading is lower lows and highs. Our profit targets will be 26138 and 25738 Resistance: 26800 / 27200 / 27500 Support: 26600...
Bitcoin (BTCUSD) is yet again testing the 1D MA100 (green trend-line), for the 4th time is 12 days. While this is obviously the Support (if broken then the 1D MA200 can be tested) and the 1D MA200 (blue trend-line) the short-term Resistance, it is the 1D RSI that we might want to be looking at for the next confirmed buy entry. As you see it is currently under a...
Bitcoin is moving near the bottom of the ascending channel in the 15-minute time frame. I expect Bitcoin to go up to at least the resistance line. Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad...
Bitcoin (BTCUSD) continues to show strong similarities with the 2015/16 Cycle, which is something we first posted almost a year ago when the market made the June Low. Right now BTC is about to complete a Bearish Cross on the 1W LMACD, the first since April 2022. Even though that's a technically bearish signal, during Bull Cycles it is a sign of a medium-term...
Bitcoin is now poised to retrace into the 25K key support area. In my previous article I shared a long swing trade idea from the 27,150 level. While this idea started off in the green, it has since produced a conflicting signal and I have suggested to those who took the position to mitigate risk by breaking even or taking a small loss. I do NOT pretend to know...