BTC Bitcoin BTCUSDT technical analysis update H4
In a range for a few weeks, Bitcoin is just letting off steam and draws us a head and shoulders pattern. Between Tesla's Technoking warning and possible general tightening of regulations across the world, nothing is going well for the queen of all digital currencies. Nothing? Not quite. Bitcoin has so far shown great resilience, foiling any negative news. I...
-BTC has fallen to a two month low as Tesla announces suspension of BTC payments -150 MA has held BTC from a further downfall -Bullish divergence spotted on RSI Bitcoin has broken out of a long 3 month range of $10,000. After Elon Musk announced Tesla will no longer be accepting BTC due to environmental reasons, BTC broke its major support of $55,000 and quickly...
-BTC has fallen to a two month low as Tesla announces suspension of BTC payments -150 MA has held BTC from a further downfall -Bullish divergence spotted on RSI Bitcoin has broken out of a long 3 month range of $10,000. After Elon Musk announced Tesla will no longer be accepting BTC due to environmental reasons, BTC broke its major support of $55,000 and quickly...
In BTC-USD pair we can clearly see the double bottom (W) pattern which is showing bullish sign. Volume is also confirming bullish move. We can see some choppy move this Sunday because of the weekend. 1 st resistance area is 51367$ 2nd resistance zone is 52900$-53600$ In case of any downward move BTC needs to hold support zone at 58355$. Weekly closer below this...
Falling wedge is a bullish pattern. Bitcoin is forming a bullish falling wedge pattern on an hourly timeframe.
Bitcoin has been running bullishly since December 15 to $ 64,854 and is now #BTC BITCOIN HAS BEEN RUNNING BULLISH SINCE 15.DECEMBER 2020 TO $64,854 AND IS NOW IN A BUMP-AND-RUN REVERSAL BOTTOM FORMATION.
BTC was trading in a triangle pattern for a long which broke on the downside and technically the target is around 35500. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
THERE HAS BEEN A CASE IN THE MARKET FOR FEW DAYS. #BTC BITCOIN LOST THE MOST BLOOD. DURING THIS TIME, #ETH ETHEREUM HAS TESTED AND STABILIZED HIS RESISTANCE MORE OFTEN.
Tron looking Super bullish..! Expected 2X to 5X in Upcoming Months. Breakout happened and waiting for the ride. Type: Mid Term + Long Term Not Investment Advise. Trade accordingly..!
If BTC Breaks the level of 50000 $ then Next Level will be 45000$. Trade Carefuly...!
we got triangle break out on bullish side + macd bullish + rsi bullish + W pattern bullish + fundamentals bullish + sentiments bullish + elliot wave bullish what do you want more target is- mid term
We can go for short after orange trend line breakout
BTC has been rangebound for a couple of months now between 50-60k levels. 49000 is key support, followed by 44k. Sustenance above 61000 gives strong resistance, sustenance for a period of time above that level can be bullish. However key moves are expected soon, this week will be crucial to determine its direction.
PATTERN BREAKOUT AND FIRST TARGET DONE . SECOND AND THIRD TARGET MENTIONTIONED