Bitcoin make a Double Bottom The recent selloff in U.S. stocks, particularly in the financial sector, has delivered a blow to investor sentiment. On Thursday, the Dow Jones Industrial Average dove more than 500 points. Other major indexes are also on track to record significant weekly losses.
In daily timeframe we can see there is a bearish divergence, which can drops bitcoin in 20000-19000$ range, if played out. Money flow index also in making head and shoulders pattern. We can expect a small leg up to complete H&S pattern and then dump in price. So guys trade carefully. Not a financial advice Trade at your own risk
long buildup is going to complete, waiting for breakout the resistance, another bullish confirmation - ascending triangle pattern II if trendline breaks, there would be another bearish trade setup II SL AND TARGETS ARE GIVEN.. GOOD LUCK & HAPPY TRADING
Bitcoin rose 2.3% when it finally reached the middle of my liquidity box. This deal occurred in the early hours of the morning, so I missed it even though I wanted to participate. What follows then? I'll wait for Bitcoin to either break my liquidity box, which would then indicate that $22300 would be the next target on the downside, or for BTC to break the...
BTC price has been moving in the consolidation zone for 8 days. If we consider the swing from 31st Dec 2022 - 2nd Feb 2023, the price has followed Fibonacci Retracement with the price bouncing back after reaching the 0.618 retracement level. Any upswing can push the price to the 30k level. Note: Note: Studies are for educational purposes only. We will not be...
My Prediction is Ready for Bitcoin. BTC ready to Breakout 25000 $ Resistance. BTC will see you soon above 28k . BINANCE:BTCUSDT
$BTC can go 38k or as high as 42.3K but first a pullback is can happen as 27.3k-31k is a strong resistance area. Not a financial advice. Trade at your own risk.
Bitcoin Entered in Bull Market . Congratulations Bitcoin candle close above $24000 resistance .
The two graphs seem similar in nature. The question is will BTC follow the same trajectory as that of 2019 before the major bull run of 2020-2021 ? Let us know your views in the comment section...!!!
The world’s largest cryptocurrency has maintained its positive momentum and accumulated approximately 36% returns in January. BTC has been in a Bear trap, it had hit its low of $15.5K and took support at the resistance trendline as shown in the chart. After consolidating there for 2 months, BTC shot up to the level of $24K and is currently retracing and trading...
Ethereum stands at a make or break level of resistance on daily time frame . It will either give a massive breakout and break the resistance or it will make a double top and start to collapse . This crucial level is to be tracked as we can get good targets on either side . Hope this analysis will help you :)
After a massive bear run, BTC holders saw an almost 40% gain in Bitcoin price in Jan 2023 pushing the fear and greed metric into the “ Greed ” zone. After a strong rally in January, what is next for Bitcoin? In the last 8 years, we have seen a green February for Bitcoin except in Feb 2020. Thus, we expect 2023 February to be a green February for Bitcoin. Price is...
Bitcoin at its Crusial Level First its going through its parallel channel along with that created Reactangle chart pattern and after Breaking Up Parallel Resistance Or Rectancle Lower Resistance at Same time its Straight forward its Previous Major Resistance of Rectangle Chart Pattern ….. There is more tha 3-4Days Bitcoin Is Cosolidating at Same Levels Breaking...
Bitcoin has broken trendline is on extreme support the risk is reward ratio is very good.
As u have seem in chart btc has reached at resistance and order block. btc should break these and stay above to get a bull momentum towards 25k . my thought is that btc is goin below 20k or to new lows. DYOR
bitcoin retesting at a zone 30500usd if it sustain below 31000 for next 5-7days, it may test 20000usd we can see more fall in crypto currency. if anybody wants to invest please wait and watch (if u want buy, buy @ 20000usd TO 21000usd or buy ABOVE @ 35000usd) #INVESTWISELY ****EDUCATION PURPOSEONLY****
Here is my view on BITCOIN for the upcoming year. I expect a short bearish move towards 12000-14000 range. One could possibly accumulate BITCOIN in the discounted range of 12K-14K and expect a minimum return of 400% when BITCOIN reaches its all time high of 70K.