$BTC | 1H: Today's plan:Spot buyers are still active in the BINANCE:BTCUSDT market. The plan for today is to push the price up and fill the 44k Sell wall. However, after that, we can expect a dump towards the Monday low. The price action is currently in a choppy range, with both sides of the market being targeted. Let's see how it unfolds!
Previous day:
VAH: $42872
POC: $42700
VAL : $42464
Date: 18 Jan 2024
Bitcoin (Cryptocurrency)
Imbalance $65 | Short BiasOn day chart
ELGD has created imbalance around $65. Besides, ELGD's in consolidation phase $48 - 60
The previous signal when ELGD closed below $55 that is signal for reversing if price can't close above $73
So I think ELGD pullback to higher then drop to Golden Ratio at $40
Wait for next move
$BTC Liquidity LevelsThe liquidity levels of CRYPTOCAP:BTC are currently as follows:
🔵 Buy Side Liquidity: $48,240 | $68,900
🔴 Sell Side Liquidity: $24,240 | $15,460
🟠 Psychological Level: $50,000
The decision day for the #BitcoinETF is set for January 10, 2024. However, there seems to be strong rejection and delay vibes in the air. The SEC is playing clown games, testing our nerves.
During uncertain times like these, it is best to preserve funds and stay patient. Sometimes, the best trade is no trade at all.
Bitcoin Post Halving Target $200k as Per Chart Analysis#BITCOIN Post Halving Target $200k ( CRYPTOCAP:BTC )
1️⃣ 2016 Pre-Halving Pump +370%
2️⃣ 2016 Halving Dump -41%
3️⃣ 2016 Post Halving Pump +4100%
1️⃣ 2020 Pre-Halving Pump +335%
2️⃣ 2020 Halving Dump -63%
3️⃣ 2020 Post Halving Pump +1650%
1️⃣ 2024 Pre-Halving Pump +200%
2️⃣ 2024 Halving Dump -45%
3️⃣ 2024 Post Halving Pump +700%
For educational purposes only, No buying and selling Recommendations.
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BTCUSDT: Strong increase againHello dear friends!
BTCUSDT has witnessed a rapid surge but quickly underwent a correction. The price is currently trading around $43,000 today, marking a 0.51% recovery after signs of the correction nearing its end upon retesting the Breakout zone.
Karina's target: BTCUSDT aims to reach $48,000 in terms of price action. What about you?
Bitcoin Soon $200k if ETF get to Approved ?BIG NEWS: Bitcoin Aiming for $209,000 / MIL:BTC
Get ready for a potential surge as history repeats itself:
2004: Gold Spot ETF Approval
Result: Gold Price Soared by 481%
#Bitcoin currently at $43,480
High chance of #ETF Approval in days
A 481% increase from now = $209,000 BTC
Fun Fact: #Gold never returned to its pre-approval price.
Are we in for a wild ride?
Before $300,000 - $500,000 Bitcoin Hits $20,000 to $11,300...It has come to my attention that some of the new readers and beginners are a bit confused... This is normal, do not worry...
I am here for you.
I reply to all comments and take care of everybody.
Those positive, those negative and those in between.
Now, to start, just keep in mind that it is normal to be confused if you are just getting started or haven't been around long enough.
What I do here is read charts, I share my opinion of what is going on with the charts.
Below you have everything in a nutshell.
Bitcoin LONG-TERM VIEW
We believe that Bitcoin will hit $300,000 to $500,00 within 3-5 years.
Before Bitcoin hits $300/$500K, it will hit a new low first around $20,000 to $11,300.
That's all, pretty simple.
Now, this is only our view and it can be right or wrong...
What happens if I am wrong?
Nothing really, life goes on.
What happens if I am right?
Nothing really, just no surprise.
This is just my view, you can easily share yours.
We have here on Trading View over 30,000,000 traders according to the statistics on the front page, I am just one (1) of those.
You can browse around, there will be many opinions...
Who will you trust?
Me, the trolls, other traders?
I say you trust yourself.
Do your own research.
Practice, study and only decide based on your results.
If you have doubts or still feel confused, just leave a comment and I will do my best to lend my support...
We focus on the Altcoins though.
Now, the low can happen in a few days or a few weeks or a few months....
We are not predicting the time, we are sharing our general long-term view.
Is this clear enough for you?
I really hope so...
Thanks again for your time and reading.
Remember that you can always leave a comment with your questions...
I am here for you.
Thanks a lot for the continued support.
Namaste.
Fair Value Gap, Chance Zone | Long BiasOn Week TF
Solana's in Fibo Channel and it's trading at $108 now
I found a #FairValueGap around in range $80 - $96 so I expect SOL will pullback and bounce back from this range
Besides, this range included #GoldenRatio
So I think the chance for long position
Time will tell