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Bitcoin (Cryptocurrency)

Bitcoin Blueprint 2024Unpopular opinion: I don't think BTC is going straight to new ATH. A good shakeout remains ahead. A combination of price and time capitulation. After great introspection, I believe that Bitcoin will range till September this year and will begin it's parabolic expansion in that month. Previous ATH should be tested in the month of Nov/Dec, if this manifests. Halving in April will get a lot of attention but price doesn't move until 2-3 months later. Don't get liquidated trading the chop. Find new narratives and play select alts. God Speed.
by Degengambleh
1
Ethereum Ready for Another Dump till $1700 ?Ethereum Chart Technical Analysis CRYPTOCAP:ETH Currently #ETHUSDT Trading at 4H Support Level. 1️⃣ If $2160 level breaks, ETH could drop to $1,750 (Scenario 1) 2️⃣ But if price bounces off $2,160, we could see a 5-10% relief rally. ( Scenario 2 ) My view: - Bearish below $2,240 - SUPER bearish if $2,160 breaks! Overall, #ETH is standing on thin ice at a very crucial support zone. One break could lead to a cascade of selling. Trade safe!
GEMINI:ETHUSDShort
by CryptoPatel
2
BITCOIN :- Resistance, Testing, and short Key Points: Bitcoin currently hovers around $40,900, sitting on the lower edge of a sideways trading channel. A confirmed channel break with strong volume could lead to a retest of $30,391 (previous breakout level). Wait for price action to consolidate and confirm support at $30,400 before considering long positions. Technical Analysis: The price resides at the channel's support zone, testing its validity. A breakdown through $40,900 with increasing volume signifies bearish continuation. The RSI remains neutral, offering inconclusive momentum signals. Strategy: Neutral: Observe price action at $40,900. If a clean break with volume occurs, wait for confirmation of support at $30,400 before entering long positions. Alternatively, a bounce off $40,900 with rising volume could indicate a potential trend reversal, warranting further observation. Risk Management: Prioritize risk management with well-placed stop-loss orders. Adjust your strategy based on confirmed price action and volume patterns. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Conduct your own thorough research before making any investment decisions
COINBASE:BTCUSDShort
by TRADING-NASA