Overview & Observation: 1. Breakout of ATH levels and price sustaining higher levels are signs of strong buyers. 2. A strong trendline breakout candle will be expected. 3. RRR is favourable. Trade Plan: 1. ENTRY = CMP 2. STOPLOSS = 10% 3. TARGET = 70%++ - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to...
On 17 May, Bloomberg that the price of Bitcoin is at a high level of correlation with the shares of technology companies. At the time, it was suggested that the main cryptocurrency was perceived as a growth asset, fuelled by: → the launch of Bitcoin ETFs; → expectation of Fed rate cuts. But here was yesterday's Fed meeting, where the intention to cut the rate 1...
OPERATOR GOT OUT FROM BITCOIN SELL BTC FOR 7000 POINT. BTCUSDT showing g 7000 point fall in longtrm due to the technicals indicating for shell in bitcoin a strong trendline breakout happened plus sellers are heavy in full of power and volumes are gradually increaseing all these sigh indicaing for falling of btc with a good point upto 7000.points
Currently, Bitcoin is experiencing a decline to the daily EMA25, which is merely a provisional support at this point. Keep a close eye on the funding rate matrix this weekend. If there is a substantial continuation of positive funding across the spectrum, it could pose a significant threat to the EMA25 support.
The monthly timeframe appears decidedly optimistic with a breakout and consolidation above the primary supply zone. I believe we have a narrow window of 1-3 months to gather more #BTC before the ultimate surge commences. This could be our final opportunity.
- Bitcoin is trying to take some support from the zone of 67,000$ - Bitcoin on a Daily TF looks different its trying to consolidate and find a support that can stop its further drawdown - The market from a technical perspective isn't portraying much bearish/bullish bias - One catalyst can bring down/up prices more - If you are looking for entries then I would...
#Bitcoin at Daily Chart Analysis CRYPTOCAP:BTC market is still in volatility mode, and has made its lower-high, but it is currently finished their last uptrend cycle with some major ups & downs and finished at $71.8k approx..! After that, its last down cycle is start to running, which will at least retest the previous level of $56k-$58k here or it can also...
- Bitcoin has recently shown a great jump and pump because of FED Rate cut expectations - However, the ETF Inflow from Hong Kong and US Asset Managers is not stopping as well - The fundamentals of Bitcoin looks good with no bearish scenario looming over - ETH ETF approval will be a bullish catalyst for the whole market however, bitcoin might go sideways because...
BINANCE:BTCUSDM2024 Bitcoin has rallied breaking several resistance zones in past 2 days For those who missed out on trade are waiting for a pullback to setup long positions Bitcoin looks bullish on higher time frame ( 1day and 3day ) So i propose some long position which might be considered in future The first one is (risky) on the flip zone the second...
Bitcoin again get break at the 72k dollar resistance and it's happened 3rd time recently but this time it can break it.
Symbol - BTCUSD Bitcoin has climbed higher in recent months on enthusiasm and demand generated by the nearly dozen spot bitcoin ETFs that were approved in January, as well as crypto's next 'halving' event and the prospect of Fed rate cuts this year. But Fed rate cut expectations have been dialed back significantly amid hotter-than-expected inflation prints,...
I'm just analysing BITCOIN in case of an alternative to equity market worstcase scenario. BITCOIN chart shows flag formation. It looks like ready to breakout of channel. Target may be Long-term Channel midline.
#BTC/USDT Analysis: Bearish Divergence and Decreasing Volume Indicate Potential Retest Levels #Bearish Divergence A bearish divergence occurs when the price of an asset is making higher highs, but the underlying technical indicator (in this case, the Relative Strength Index, or RSI) is making lower highs. This discrepancy suggests that the bullish momentum is...
Daily closing below 65867 then 📉 📉 to 62045 marked on the chart Any Daily closing above 67438 then bullish 📈 📈 📈 77500 65867 could act as a support, so until it breaks and closes below then only 📉 📉 Disclaimer: Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
Institutional entry by Manpritfx Sell btcusd at price 66848 Stop loss 67548 (70 pips) Target 64809 (204 pips) Risk reward ratio 1:3 Small lot size recommended Balance 100 usd then use 0.01 lot Balance 200 usd then use 0.02 lot Open a sell trade and thanks me later
As USDT.DOM chart broke its lower trend line and retesting it more dump in dollar dominance is loading so its good for btc and other altscoin. Go long go green.
As i told you earlier the USDT.DOM forming head and shoulder pattern so bullish momentum in btc and alts coin. Now more pumping loading as btc.dom have to reach to upper wedge resistance... 70k loading.
Bitcoin and other altscoin bullish as USDT dominance forming a head and shoulder pattern. That's showing a bearish scenerio in USDT dominance while bullish scenario in Bitcoin.