In the Spirit of 2021 and Bitcoin hitting a new high daily... HIT LIKE before getting started! Thanks a lot for your support. We are likely to be witnessing the last monthly bullish candle before Bitcoin starts to retrace... How far up will it go? Looking at our Fibs. on this chart, based on the monthly timeframe, we have the following resistance levels coming...
Wait... Don't get too comfortable... Remember that one? Retraces and corrections have been non-existent for Bitcoin... Or better yet, short-lived. We are seeing strong consolidation take place near resistance. When prices are going to drop, they drop. Staying near resistance is a signal of strength. Based on this chart, BTCUSD 1H, we are likely to see higher...
Today, the weekly RSI for Bitcoin just hit its highest level since December 2017. Bitcoin's weekly RSI has only been above 88 three additional times in the past. Back in June 2017, November 2013, and February 2013. Both times BTC hit this level back in 2017 the RSI dropped followed by a massive growth in the Bitcoin price. Looking back at 2013, there was...
Bitcoin just hit a new high today at $24722 on BitStamp and other major exchanges. Its price remain trading above EMA10 and all other EMAs. We have a stable ascending channel in which BTC is trading and all bearish signals that we saw back on Dec. 20-21 have been deleted. Both the MACD and RSI went through a reset and prices continue to aim and climb higher. ...
Bitcoin, BTCUSD, on the weekly timeframe continues to aim higher... Let's have a closer look at the RSI, multiple milestones have been hit this week... Let's get into it. BTCUSD (W) RSI: Here we can notice that the RSI hit above 80 for the first time since December 2017 when Bitcoin hit it's All-Time High (ATH). When Bitcoin first hit this high on the...
Bitcoin (BTCUSD) found support just above MA200 and is now breaking all resistance while moving up. In one single candle, we are seeing prices move above EMA10, EMA50, EMA100, EMA200, and EMA300... Opening the doors to additional growth. BTCUSD GREEN Chart Signals Increasing volume. Bullish MACD. Bullish/strong RSI. Strong bullish/green candle. ...
And we have a bearish Bitcoin meaning... We also have a bearish Ethereum. Right now ETHUSD is moving below EMA10 after a strong bearish candle 31-Aug. very similar to BTCUSD. This weeks candle is still active and the week young... So this chart can easily change. Confirmation only happens after candle closure; end of the week. If ETHUSD closes below EMA10...
My beloved cryptocurrency enthusiast, supporters, and successful traders... Here we have the Bitcoin Weekly chart. We looked at the 4H + Daily (D) timeframes earlier, shared below, and we saw the bears moving in and pushing prices lower... We read the charts perfectly and we hit our targets. Now, we know that each timeframe is unique and provides us with...
It's been a while since I shared some numbers for Bitcoin (BTCUSD). We have a trade active now on 10X lev. and I would like to share our targets with you for learning and/or entertainment purposes... Here they are: BTCUSD Targets 1) $10355 2) $9888 3) $9370 4) $9065 -> We opened a SHORT Friday with a buy price of around $11110 - $10850. -> We are using 10X....
We have Bitcoin (BTCUSD | 4H) facing resistance at MA200, the black line on the chart. A strong drop followed after BTCUSD closed below MA200 back on 2-Sept. Prices dropped from ~$11600 all the way to $9800+. Today we have a rejection at MA200 on the 4H chart... We have a bearish cross on the MACD. Bearish divergence between BTCUSD and the MACD. And...
Ok... I know what's on your mind... Hit LIKE to get started with this analysis now! We predicted Bitcoin (BTCUSD) hitting around $9600 but... As soon as this happens a new question comes up... Will it resume growing or will it go lower? Let's keep it simple shall we? Bitcoin is very likely to go lower. Now, I am not saying this based on upcoming news...
We've been looking at Bitcoin but keeping our focus 100% on the Altcoins... Here are the questions that continue to come up: 1) What will happen to the Altcoins if Bitcoin crashes? 2) Will there be a new Altcoins bull run? 3) If yes, to question #2, when will it happen? 4) How are you doing Alan Masters? Ok... Let's get to it. First, I've given...
Bitcoin had a very strong close in July at $11350, hitting a new high and the highest price since August 2019... 1 year ago. This is a huge development and opens the door for additional bullish action. We've been aiming at the highs $13k/$14k on multiple timeframes if the $10400/$10500 barrier was taken out... This is true in the monthly timeframe as well. ...
Here we have an updated version of the weekly (W) chart for Bitcoin (BTCUSD) since the $10400/$10500 barrier has been taken out. One important note before we get started. This week is brand new and we are looking at the weekly chart. The price for Bitcoin can change and reverse by end of week so we need candle closure for confirmation... The trading volume is...
Bitcoin managed to break the $10,400/$10,500 barrier easy... Where are prices headed next? Ok. As soon as Bitcoin (BTCUSD) moved above EMA10/50, we quickly adapted to the market and saw $10,400 as the final target... This level rejected Bitcoin's growth in the past... See it below: July 21 | Bitcoin Goes Bullish... Where To Next? $9800 or $10,400? Now that...
Finally we get to look at some bullish signals for Bitcoin... Hit LIKE and start reading... We will first look at the daily and then short-term on the 4H and 1H timeframes... Let's get started. ---- Bitcoin (BTCUSD) recently moved above EMA10 and EMA50, which lead me to quickly adapt and share an article mentioning this as a bullish signal and new potential for...
Hello my fellow cryptocurrency trader, wishing you a great Sunday today and also a wonderful upcoming New Moon. We've been looking at Bitcoin (BTCUSD) over and over short-term... Which can blur the long-term picture as to what is coming for this cryptocurrency, the King... next. Hit LIKE now and let's get straight to the conclusion... Bitcoin (BTCUSD) is very...
What we saw recently for Bitcoin (XBTUSD) was a fake breakout. Prices moved above support just to quickly fall back down. Our previous view/analysis remains valid. Prices are now trading below MA200 and also below the purple trendline. Additional information: Thanks a lot for your continued support. Namaste.