Btc-bitcoin
Bitcoin LTF Chart Analysis#BITCOIN LTF Bearish Update:
CRYPTOCAP:BTC Currently Trading in Bearish as per Fractals.
If this Bearish Fractals work then Next Stop will be at $36800
Current Sequence According This Fractals:
$40800 ➡️ $36800 ➡️ $38800 ➡️ $35000
Note: LTF Fractals Invalidated if #BTCUSDT 2H candle Closed above $41000
$BTC Daily Chart:CRYPTOCAP:BTC Daily Chart:
The daily chart for BINANCE:BTCUSDT is still looking unfavorable for bulls. The previous month's range appears to be clean, but we can anticipate a short bounce before it drops from the distribution box. Please note that this analysis is invalidated if the price goes above 43.6k.
In the meantime, Grayscale is expected to increase its selling activity, which will likely steer Bitcoin into our order block range of 38k to 37k soon.
$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
$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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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?
Bitcoin ( $BTC ) Surges Past $45,000 for First Time Since April Bitcoin ( CRYPTOCAP:BTC ) Surges Past $45,000 for First Time Since April 2022!
In the early hours of the day, Bitcoin's price surpassed $45,000 for the first time since April 2022, driven by expectations of a U.S. Securities and Exchange Commission ( #SEC ) approval for a spot Bitcoin exchange-traded fund (ETF).
Are you ready for the next wave of crypto growth?
Strong Resistance: $48600-$50600
#Bitcoin #Crypto #ETF #BitcoinETF
$BTC Power of 2 in action!CRYPTOCAP:BTC Power of 2 in action
Bullish Rectangle + Continuation
Bullish Rectangle spotted during this strong uptrend, signaling a potential continuation!
What to watch for:
✅ Bullish Rectangle Formation
✅ Breakout to the Upside
🔃 Continuation to FWB:52K
Let's follow the Power! #Bitcoin
Bitcoin Ready for $51000 or $31000 ?CRYPTOCAP:BTC Chart Analysis:
Bitcoin Bull Flag:
Chart pattern suggests bullish trend with targets of $48000-$52000.
However, #Bitcoin is heavily influenced by #BitcoinETF news, so caution is advised.
What to do?
If BTC/USDT holds above $41000, a bullish run to $48000-$51000 is possible.
But, a breakdown below $41000 could quickly lead to $31000.
Remember: Always trade with the trend and confirmations, never gamble.
#BULLRUN2024
Bitcoin Bullish Triangle But High Volatile in next Few DaysAttention #Bitcoin traders!
Stay cautious, as the market is about to get super volatile. It's highly recommended to steer clear of leveraged positions to avoid potential risks.
What are your thoughts on #BitcoinETF? Share your insights and let's discuss!
Remember, always prioritize risk management in your trading strategies.
Bitcoin Halving 2024: Ride to $250K? Bitcoin Halving 2024: Ride to $250K?
Introduction:
In the crypto realm, Bitcoin reigns supreme.
As we gear up for the upcoming Bitcoin halving in April 2024, the excitement is tangible.
The halving, a historic price catalyst, has set the stage for Bitcoin's surge.
Let's delve into the phases of the halving and the prospect of Bitcoin hitting $250K.
5 Zone of the Bitcoin Halving:
1️⃣ Pre-Halving Zone:
Approximately 4 months pre-halving, a prime time for deep retraces that historically lead to post-halving gains.
2️⃣ Pre-Halving Pump:
Around 100 days before the halving, a rally ensues as investors "Buy the Hype" in anticipation, aiming to "Sell the News."
3️⃣ Pre-Halving Retracement:
A common retrace around the halving date ( Pink Colour ), fostering investor doubts about the halving's bullish impact.
2012: -30%
2016: -45%
2020: -66% ( Covid )
2024: ?
4️⃣ Re-Accumulation:
Post-retrace, a multi-month re-accumulation phase (Red box) occurs. Impatience, boredom, and disappointment shake out some investors.
5️⃣ Parabolic Uptrend:
Breaking out from re-accumulation triggers a parabolic uptrend (Green), propelling Bitcoin towards new All-Time Highs.
The Road to $250K:
Historically, after breaking out from re-accumulation, #Bitcoin embarks on accelerated growth, reaching new heights.
If the trend persists, the possibility of Bitcoin hitting $250K in the next cycle is on the horizon.
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