Yesterday we saw blood for the first time in a long while for Bitcoin... Let's see what will happen next!
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Yesterday, we had a strong bearish candle where prices hit EMA21 at $47400.
Buyers bought and the daily candle closed back above EMA10 and EMA21, keeping the chart potential bullish.
Today, we see more blood with prices...
2020 has been a good year for BTC, as it broke above the all time high. The 2021 is going to be a price discovery year. Using time cycles we can expect BTC to print some good numbers after getting overbought.
When we look at the monthly Bitcoin (BTCUSD) chart, it is now clear that all the local resistance levels have been taken out...
The next barrier is now found at $19666+ or Bitcoin's All-Time High (ATH).
Bitcoin Aims At A New All-Time High
Bitcoin continues hitting its highest level since January 2018, with prices literally aiming higher.
This chart is very...
Just as we saw in our past two analyses, one reading the chart and the other one looking at support level targets, Bitcoins is starting to drop.
Here we are looking at the 12H timeframe together with EMA21.
The EMA21 indicator is another famous value used to chart cryptocurrency, Bitcoin/Altcoins, this is marked here with a blue line.
Notice how the last cancel...
Hi there as you can see this chart and clearly see past history easily.
You can see deminising returns on btc also I want to catch your attention on bear cycle and bull cycle which is lengthening 2.5 to 3 times every cycle.
Red box is our bear market and green box is our bull market marked on data available from 2010. You can see and identify Using this chart...
Halving and post halving predictions and market psychology. This halving is going to be different as ppl are so bullish on BTc.
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As the interest in blockchain continuously grows more and more people getting interested in cryptocurrencies. Bitcoin is bound to hit all time high as it is basically the Apple of Cryptocurrencies.
Bitcoin after the market day out is again rising at a steady rate, People should start investing as soon as possible as soon it along with litecoin are gonna skyrocket....
In this analysis, I'm presenting a short position opportunity in Bitcoin (BTC/INR) based on a recent trend breakout and the formation of a triangle pattern on the 4-hour chart. Currently, the market is trading around 66,970 INR. Here's a detailed walk-through of my thought process:
Trend Breakout: The 4-hour chart reveals a clear trend breakout, suggesting a...
📈 Technical analysis BTC/USDT
During the corrective movement, the price of Bitcoin reached all three targets from our previous review: the Imbalance 4H zone, the Imbalance 1D zone, and the support level of 57,000.
The recent downward wave in the price of BTC was driven by the reluctance of the US Federal Reserve to lower the key interest rate and the outflow of...
Observing a downward channel pattern in the 4-hour timeframe for Bitcoin, with a breakout and subsequent retest indicating a potential continuation of this pattern. Based on this analysis, anticipate immediate resistance levels around 66500 to 66800 to be tested. Additionally, if you measure the length of the channel, it's approximately 8000 points, suggesting a...
