The weekly close for BINANCE:BTCUSDT was very bullish, with March low and liquidation levels already taken. There is strong buying interest below 60k, so we are anticipating a dump to FVG before a pump to 68k. However, it is unlikely for Bitcoin to see a direct surge to a new ATH, instead, there could be a period of consolidation between 68k and 62k.
Why "V" Shape Happened Last week in #Bitcoin ? High Risk-to-Reward Reversal Trades - Whales in Action: Big traders can manipulate the market to fill long positions. By driving prices down, they trigger stops/liquidations, then enter positions at favorable liquidity levels. Once the liquidity is absorbed, prices reverse upwards. - Liquidation Levels: Massive...
Epic Weekly Close for Bitcoin! BTC is gearing up for a massive run If BTC holds above $56,570, we could see an impressive rally soon! Keep an eye on the charts as history suggests sustained breakouts lead to significant gains. #BTC #Bitcoin #Crypto #CryptoAnalysis
Bitcoin is looking for buying opportunity after forming expanding channel & has clear formation to make movement to the upside, expecting target to reach at 68K
Important Liquidation Levels for Bitcoin: $50k - FWB:73K #Bitcoin Liquidation Heat Map: Approximately $3 billion can be liquidated up to $71,715. Key levels to watch: ➡ $67,420: $2.75 Billion in potential liquidations. ➡ $50,000: $5 Billion waiting to be liquidated. Key Areas to Monitor: ➡ $56.9k - $52.1k: Weaker liquidations. ➡ $59.5k - $58.5k: Heavy...
BTCUSDT Update: Current Resistance at $63,000 BTC is trading at the crucial $63,000 resistance level. Next Move: - Bullish Scenario: A decisive breakout above the $64,000 resistance could trigger an upward rally to a new all-time high. - Bearish Scenario: Failure to break $64,000 might lead to a downturn, pushing BTC to the year's new low in the $45,000 -...
#Bitcoin LTF Update #BTCUSDT bounced back strongly from the $56k support. - Key resistance at GETTEX:64K ; a break above is bullish. - Failure to break could mean testing new lows for the year. CRYPTOCAP:BTC
CRYPTOCAP:BTC Update: Falling Wedge Pattern Bitcoin is currently bouncing back within the yellow box but remains inside the Falling Wedge pattern/Bull Flag. Bulls need to surpass the $65,000 resistance level to confirm an upside breakout. If successful, we could see BTC headed toward $95,000 However, if BTC fails to hold the yellow Box support, expect...
Bitcoin Technical Analysis - Bearish Scenario & Elliott Wave Count Greetings traders and investors, Current Analysis: The current BTC scenario appears bearish. As discussed earlier, I highlighted the likelihood of a significant dump. I hope you adhered to the warning and avoided long trades around $70,000 - $72,000. Chart Analysis Recap: The chart shows a clear...
BTC seems to go for long to take liquidity, Entry 63500 - 64000 Targets 67000, 70000, 73000 Stop 62500
The local bottom has formed on the daily time frame for Bitcoin. Both spot and perp are showing continuous bids for Bitcoin, leading to higher highs. The bulls are showing strength in lower time frames with the 50 & 200 EMA and the weekly open, aiming for at least 78k. Let's go! BINANCE:BTCUSDT Previous Day: VAH: $65184 POC: $64947 VAL : $65870 Date: 22 Apr 2024
#Bitcoin Bull Flag Analysis The #BTC Bull flag is currently holding $60,000 price Level. A bull flag is forming with a target lying around $1,18,000 For this pattern to play out CRYPTOCAP:BTC must be above $60,000 Level. Note: If break $60,000 level then ready for $45000 Like/RT if you agree
Don't get wrecked! #BITCOIN Scalping with high leverages during times like these is a risky game. Market makers are toying with global sentiments, especially with the Big #BitcoinHalving just around the corner. Cut through the noise; stick with spot trading exclusively. Stay safe, earn safe.
Bitcoin Update: Key Alert! Quick Analysis: As previously highlighted, #Bitcoin remains under pressure. Staying below $67,900 has shown us there’s limited upward potential, and now it's more evident with the recent rejection from $67,000. Bitcoin is currently trading below $62,000, signaling a strong bearish trend. Current Status: Bearish Outlook: Bitcoin's...
Will Bitcoin Go Down? Bitcoin Market Quick Update Bearish Signal: As long as Bitcoin stays under $67,900, it’s likely not going to climb much. Possible Drop: If #Bitcoin can't rise above $67,900 soon, we might see its price go down to somewhere between $45,000 and $50,000. Keep an eye on $67,900. Plan your trades and consider stop-losses to manage risk.
What's Next for Bitcoin? Understanding Its Current Price Moves #Bitcoin Market Brief Current Status: CRYPTOCAP:BTC is trading near $64,000 amid recent declines. Bearish trends dominate due to global uncertainties affecting crypto markets. Key Levels: Support: Watch $63,800. Falling below could lead us to $51,000. Resistance: Key resistance at $67,600. Below...
#BITCOIN BEARISH ALERT Market Status: Bearish Key Observations: Pattern Breakdown: Bullish Pennant formation has been compromised. Trend Line Status: Currently trading below the key trend line. Targets: $50,000 Condition: This target is set under the condition that #BTCUSDT remains below $65,500. Keep a close eye on the price movement. A sustained position...
#BitcoinUpdate | CRYPTOCAP:BTC Trading Insights Current Formation: CRYPTOCAP:BTC is sculpting a Symmetrical Triangle, suggesting a pivotal movement ahead. Recent Activity: Noticed a Fake Breakout with $BTC/USDT, reverting to trade within the Symmetrical Triangle. Bearish Alert: Caution if #BTC plunges below $65k. This level is a critical juncture for future...