Btc!
BTC/JPY - weekly Analytics + Altcoins 04.05.2022In bitcoin , as well as in the crypto market as a whole the uncertainty of further movements remains, the downtrend still persists. Before talking about the potential strengthening, it is necessary to see overcoming the key level of 5202599, further consolidation and growing momentum would increase the likelihood of an ascent. Market player sentiment is at pessimistic levels, this indirectly suggests potential lows, but confirmation of this idea needs to be monitored on the facts.
Altcoins:
TRX in our view still looks attractive for buying, yes, there is a possibility of local decline, but it should not affect the global rising trend. Additional confirmation of growth in the coin is the current momentum.
BTC/USD - weekly Analytics + Altcoins 04.05.2022In bitcoin , as well as in the crypto market as a whole the uncertainty of further movements remains, the downtrend still persists. Before talking about the potential strengthening, it is necessary to see overcoming the key level of 40 .750, further consolidation and growing momentum would increase the likelihood of an ascent. Market player sentiment is at pessimistic levels, this indirectly suggests potential lows, but confirmation of this idea needs to be monitored on the facts.
Altcoins:
TRX in our view still looks attractive for buying, yes, there is a possibility of local decline, but it should not affect the global rising trend. Additional confirmation of growth in the coin is the current momentum.
BTC/USD - Weekly OverviewThe past week continued to face the wrath of bears as Bitcoin traded within the falling channel pattern formed on the chart. The current level is looking at the potential to form a fourth lower high within the downtrend. However, a positive breakout above the 0.382FIB level can be a momentum breaker and bring back positive sentiment for the world’s largest cryptocurrency.
On the Fibonacci retracement table, the weekly fall started at 0.618FIB level, took a breather at 0.382FIB level but currently looking vulnerable to test the crucial support at 0.236IFB level. The MACD is moving well below the histogram. However, a bullish crossover has just formulated on the chart which hints at a potential bounceback.
Bitcoin getting ready to explode upsideBTC is at the bottom of the daily channel and looks like bottoming out with an ending structure completing its wave structure for now and the next move can be towards the upside. If it were to go all the way up then the daily channel target towards the upside would be over 50k.
NASDAQ idea and ranges I’m looking at. Potential bullish divergence building up on the daily. It would of course depend on how the market does on Monday. I’m expecting a bounce from around 12400 in the coming days/weeks. Markets could possibly bounce after the FOMC next week. I’m bullish for mid May.
Bitcoin By 2022 EndWe are in Bearish Trend Basis of that by the year end 2022 end
Bitcoin will b
Lowest LOW 20K
Mid Low 25k
Kindly do your own Analysis for any financial decision or seek your financial advisor, i am not a financial advisor i am sharing for entertainment and Informational purpose on the basis of experiences.
BTC/USD - weekly Analytics + Altcoins 25.04.2022Local price consolidation in bitcoin ended with impulse decrease. The only thing that provides confusion - is the pessimism of investors about the market. So the situation looks ambiguous: the technique says about the decrease, while the mood increases the probability of growth. Therefore, we should wait for local movements, which may give additional signals about the future of bitcoin and the crypto market as a whole.
Altcoins:
In our opinion, TRX still looks attractive for buying, yes, there is a possibility of local decrease, but it should not affect the global rising trend.
BTC/JPY - weekly Analytics + Altcoins 25.04.2022Local price consolidation in bitcoin ended with impulse decrease. The only thing that provides confusion - is the pessimism of investors about the market. So the situation looks ambiguous: the technique says about the decrease, while the mood increases the probability of growth. Therefore, we should wait for local movements, which may give additional signals about the future of bitcoin and the crypto market as a whole.
Altcoins:
In our opinion, TRX still looks attractive for buying, yes, there is a possibility of local decrease, but it should not affect the global rising trend.