#BITCOIN Daily Chart Analysis
As per 1-day chart Analysis of CRYPTOCAP:BTC , still it will be moving perfectly as per Broadening Wedge Pattern from last Lower-Low point of $15.5k on Nov. 2022 and before #Halving of Bitcoin its final downtrend cycle goes towards completion and it will be projecting towards BER:33K to $30k cut-off for its final Lower cut-off...
#Bitcoin hourly Chart Analysis
MIL:BTC has been moving on #WedgePattern since last one week, after break-out New All Time High of 2023 on 24 Nov. at $38k for the first time.
#BTC now completed the previous pattern on #BroadeningWedge Pattern and Retested again $38k for the second time on 29 Nov. and now started movement on #FallingWedge Pattern.
Which...
: Bitcoin is currently trading at 37,072$
: I am Bearish on BTC since 38k got mitigated again
: Look at the trend and try to understand how easily the trend is fading out
: Avoid Shorts or Futures market will deleverage you
: Bitcoin can easily eradicate the longs as of now
: Keep your Spot bags light stay cash or in Fiat
: Accumulation Zones - 34-35,000$...
#BITCOIN Weekly Chart Analysis
As per Weekly movements, MIL:BTC moving towards $38k to FWB:48K ( May be chances to break-out $50k again 8th time in history), but before #Halving once it will be take a reversal towards $30k also last time to book profits by Whalers in this cycle.
So, Ready for that last ride of last downtrend cycle before #BullRun Starts...
Rune 1W Analysis:
- Rune has shown an impulsive move staggering gains of around 200-250% from our entry
- Rune currently is at a weekly supply
- Mitigation of that weekly supply can lead to a 20-50% retracement.
- IMO Rune can first pierce the weekly supply trap Buy side liquidity and then start dropping.
- Do not FOMO here rather just observe and try to be a...
#BITCOIN 1hr. Chart Analysis
As per present scenario, after reached out $35.9k in last week, CRYPTOCAP:BTC lower support already one of the previous one is $33.3k that was never broke down in previous times to much easily as well not this time too, but its also never break-out $35.2k mark very easy soon and previously many times too.
So, its the exact scenario...
Bitcoin pierced through all the highs.
- I think the volume of the pump was quite strong.
- 10% JUMP in BTC clearing all the supply looks very interesting
- Alts to watch out for are the current outperformers, FTM, LINK, INJ, APT.
- BTC is at a crucial level let a weekly candle close above 33k, before adding any size.
- Do not FOMO in.
False Bitcoin rumors revealing real market sentiment
Fake news sent Bitcoin up about 10% on Monday, surging from $27,900 to over $30,000 after Crypto news site Cointelegraph posted on X that the Securities and Exchange Commission had approved BlackRock’s spot bitcoin ETF application.
In response to the rumor, BlackRock had to clarify that no decision had been...
#BITCOIN Daily Chart Analysis
After Pumping of Weekly startup today's signal, CRYPTOCAP:BTC movement still under #BearishFlag pattern, it means with in next 25-35 days its next and final divergence will be towards $24k and from that point it will break down, there will be chances to breakdown of 18-20% means up-to $5k of value breaks as per my next forecast...
#BITCOIN 2-hr. Chart Analysis
As per present MIL:BTC movements, it will be stucked between $26.9k to $26.5k , if it will be moving into this scale up to 2-3 up-down cycles, then major chances to break-out $26k mark soon with in next 48 hrs.
MIL:BTC already moving under #Bearish Flag in daily chart analysis, that's i previously posted, so as per that scenario...
#BITCOIN 1-day Chart Analysis
As per present CRYPTOCAP:BTC movements under FWB:27K -$28k range, it's unable to break out $28.5k due to very lower volume into market and manipulators trying to do some Pump-Dumps in Market but its very much chances to breakout into another divergence towards $24k soon in #BearishZone.
Anyway, lets see, where it will be move...
#Bitcoin 4hr. Chart Analysis
After CRYPTOCAP:BTC #DeathCross completed in today morning, Whaler's will trying to manipulate the market, and they were successful after today's #BullTrap. But as per 4 hr. chart pattern of Bitcoin's, it properly moving into Ascending Broadening Wedge Pattern with perfect Symmetry again.
Next downtrend cycle starts from 15-17...
hey check this chart. i was tracking this from long time. and i want to give you some update with the help of this chart.
please dont forget to follow me for some more interesting technical analysis.
#BITCOIN Daily Chart Analysis
As per daily chart pattern, estimated #DeathCross will be happening up to 12-15 September and if it will be happening then Market goes in Deep #BearishZone for next 70-100 days and Bullish Trend starts late around 15-25 Nov. 2023.
A "death cross" occurs when the 50-day moving average (50MA) crosses under the 200-day moving average...
As per #Bitcoin Daily Chart Analysis...
Bitcoin, might be on track for its major "death cross" in 2023 into September next week.
Bitcoin's daily chart is set to print what is regarded as a "death cross," a bearish chart pattern, for the first time since January 2022. Notably, this would be the first occurrence of this type on the daily chart in 2023, with the...
