The price of BTC is now above the 0.618 Logarithmic Fibonacci Bearish Retracement level, now possible to start consolidation inside the golden pocket from 38978 = 0.618 to 40888 = 0.65 fibonacci level that is just a little above the Bimonthly Upper pressure Threshold as you can see in the next image : Higher, the next point of interest could be though the...
First of all I want to tell you that this is my personal idea about the potential growth of btc using mathematical calculation and does not represent financial advice, keep in mind that BTC price is at a MACRO 0.382 bearish fibonacci retracement point, so anything can happen from this point froward, as BTC price has already increased by 127% from the bottom to...
At 5 days BTC was falling from last 31867 swing high to 24546 swing low after the bearish divergence was confirmed, now we have a double hidden bullish divergence, not as strong as a regular bullish divergence, so price went up and for now was rejected at the middle of Donchian Channels and price is back under 28230. Rsi at 5 days is at 51.47 almost flat ... for...
We added 4 ascending colored parallel channels in this chart for BTC, with the current BTC price near the middle of its lower channel, ATH and curent Bear Market Low lines and intersections of Low and High channels lines at the moment of the Next Halving at April 26, 2024 at 04:35:51 AM UTC.