Price is Out of regression channel & breakout is upward, that shows the strength of the trend But the now price has reached juncture where it could face a resistance
- Bitcoin is currently trading at a crucial supply
- Bitcoin if this continues where we eq highs and higher lows we can soon expect a huge leap
- I still stick to my target of BTC mitigating 48k first post that we might see a retracement
- Support 40,800$-41,500$
- Resistance - 44,000-45,000$
- Bitcoin is currently trading in a crucial area
- It will be important to see how BTC reacts from this crucial overhead supply.
- ETF news can make the BTC price shoot up like anything
Crypto Analyst Reveals Uncanny Similarities In The Bitcoin Charts Of 2020 And 2023
A crypto analyst has revealed what seems to be one of the most uncanny similarities in two separate Bitcoin charts. The two charts taken from 2020 and 2023 show a very similar price trend, and the most important part is what happens if Bitcoin continues to follow this trend.
What...
Now btc is making a higher high from 20k to 44k and next to 50k
see the chart of btc is following a range brakout then fo to +1k and again make a range and then go up for +1.5k and so on...........keep follow me to update ........
#BITCOIN Daily Chart Analysis
As per 1-day chart Analysis of CRYPTOCAP:BTC , still it will be moving perfectly as per Broadening Wedge Pattern from last Lower-Low point of $15.5k on Nov. 2022 and before #Halving of Bitcoin its final downtrend cycle goes towards completion and it will be projecting towards BER:33K to $30k cut-off for its final Lower cut-off...
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* All the information shared in this chart is provided for strictly educational purposes only.
* This chart is sharing information are based on the theory of...
Looking for long setup on $BTCUSDT. $38,000 Sell wall price going to fill. The last leg up is still pending, and I hope spot buyers will popup soon. Lets see!
Previous day:
VAH: $37528
POC: $37212
VAL : $37080
Date: 21 Nov 2023
#BITCOIN Weekly Chart Analysis
As per Weekly movements, MIL:BTC moving towards $38k to FWB:48K ( May be chances to break-out $50k again 8th time in history), but before #Halving once it will be take a reversal towards $30k also last time to book profits by Whalers in this cycle.
So, Ready for that last ride of last downtrend cycle before #BullRun Starts...
Looking for long on BINANCE:BTCUSDT now. We experienced a dip yesterday and $35,500 Buy wall has been filled. Bulls are gaining momentum, indicating a potential shift towards a bullish trend. Expecting pump towards 37k again. GL!
Previous day:
VAH: $36776
POC: $36411
VAL : $35560
Date: 15 Nov 2023
A bearish view on Bitcoin suggests a belief that the price of Bitcoin is likely to decrease or face a downturn in the future. It's important to note that the cryptocurrency market is highly speculative and influenced by various factors, so any predictions come with a degree of uncertainty. Here are some reasons someone might hold a bearish view on...
Lets see if this one plays out like its shown
We have a retest pending @32640
last years Order block top
there can be a trade
33333 to 41111
we need to retrace to retest
32640/32320/32222 zone
so there are two trades here
1. Rising Wedge - Continuation Pattern, consider as bearish, often perish to breakdown, usually forms over 3-6 months.
2. No sign of Divergence, trend is bullish
3. Strong Momentum
4. Lack of Volume
What could happen?
Pullback towards 30K or Sideways movement
