BTC/USD 1M Chart: This is the 4th Descending Wedge Pattern that BTC has been in on the weekly and this 1 month chart. Note that BTC broken downwards on 2 of its Descending Wedge Patterns before continuing upwards. Things we have to take into consideration 1: We are already in a world wide recession! 2: The FED is about to start Quantitative Tightening which may...
BTC/USD 16H Time Frame. BTC is about to test a resistance and break through 1.618 with target 2.618. BTC last support hold at 40k is higher than the previous drop of 30k showing a confirmed trend break and continuation to the top. Most likely we are going to see new highs with this continuation trend. It may be helpful to see if altcoins are going to be...
BTC/USD Gone as expected! Targetting higher prices A pushup from The 30000 very strong support (As the end of Wyckoff phases) were expected to pull BTC at least for +25%. The last news about Tesla's negotiations to use BTC again had a very great impact also, and will be affecting BTC in long-term (as he said, "The diver will float again"!!) Congrats guys on your...
BTC/USD BTC prices have reached a significant price point trading at 7589.60 around 7593.40 resistance in the two-hour price chart. BTC Prices might find temporary support at this price level if prices can hold above the current trend line in red and 7593.40 resistance. BTC prices fell through two resistance price points in yesterday's session after a few failed...
BTC/USD looks bullish, but will it stay? Below are 3 outcomes that will decide the fate. 1. If BTC cannot stay above 9k in the next few days the correction/price could be long or even go lower. 2. Altcoins dilute the dominance and BTC will fail and dip. 3. BTC stays above the 231 MA and takes off. This will happen if the yellow 77 MA can stay above the white 231...
BTC/USD is not looking great, painting bear flags all the way down. Currently we have 2 bear flags with our targets beings : Flag 1 : $5,500 Range Flag 2 : $6,400 Range Both of those targets are in the Double bottom territory in my opinion with BTC bounce at $6,000. I do not see it being supported strongly there as it would break all bullish trends from last...
BTC/USD has broken down the 0.618 (11.044 USD) Fibonacci Key Retracement level and we can expect further decrease. The next interesting levels will be Fib 0.786 (8.630 USD) and the full retracement level Fib 1.000 (5.555 USD). Both key levels coincide with mayor support lines that prove sufficient during two previous dips, respectively. At this point, cyclic...
#btc/usd is consolidating but it has trending on upside from long term perspective. currently it is at support level ,we might see upside in btc/usd from current levels as show in analysis.
BTC/USD has formed a double top (M) pattern on the daily timeframe. Recently, BTC/USD broke the daily resistance at 62,000, which now serves as support. This suggests a potential retest of the neckline around 66,000-67,000. For the short term, consider buying with targets at 66,000 and 67,000. Monitor price action at the neckline for a potential sell setup...
BTC/USD Sell for Daily Timeframe BTC/USD Sell 63157.94 TP1 : 62424.84 Tp2: 624361.81 This is an ideal for H4 and Daily timeframe trading. If you need more information, comment here .
BTC/USD longs had a splendid week. The major crypto has added an eye-watering +10.7%. You may recall that the FP Markets Research Team recently beat the drum for the pairing, documenting the potential for outperformance. Weekly Resistance Cleared The weekly timeframe’s technical landscape showed price action retested support on the weekly timeframe at $38,809...
BTC/USD closed out the week considerably off worst levels, delivering an unambiguous weekly hammer candlestick formation (the pattern is based on Friday’s closing price). Adding credibility to this bullish reversal pattern is where it developed: weekly support coming in at $38,809, as well as garnering reinforcement from the trend: the major crypto pair has...
BTC-USD is trading inside a channel. It usually takes sometime to break a channel but an up-break is likely. The AI model has found multiple similar patterns in the past and a lateral movement is expected for the next few weeks. Furthermore, remember that BTC-USD broke a bigger falling wedge this January so a bigger bull trend is probably unfolding. The...
BTC USD Is on Bullish for next 6 Month this huge candle is targeting FVG Fair Value Gap 32k Based on Fundamental analysis AGains US DOLLAR USD will be weak for next 6month Pausing Hike Rates and SLow Inflation we can anticipate Bullish structure on GOLD and BTC short DOllar buy everything else for next 6 month
Btc usd Trend Fibo Prz Btc usd possible go to 18500 and go to 12000
#BTC/USD Quick Update 📊 4H-Frame 📉 S & R 📈 Chart Update #Trading Yesterday Bitcoin lost 10%. No matter how much you trade crypto, these moves always take you by surprise. Especially after 3 weeks of narrow range choppiness. #Bitcoin #Market didn't make any high volatility as usual on the weekend. We can see the maximum bounce 22.1-23k range. If the BTC pumps...
BTC/USD - 4 Hour Time Frame BTC/USD - 4 Hour Time Frame