Bitcoin is a decentralized digital currency that operates on a peer-to-peer network, enabling secure and direct transactions without the need for intermediaries such as banks or governments. It was created in 2009 by an anonymous person or group known as Satoshi Nakamoto. Bitcoin transactions are recorded on a public ledger called the blockchain, which ensures...
bitcoin is roaming in a area from last few days creating multiple bullish patterns
we can say bitcoin is heading towards 68k area
only the main resistance is the previous all time high
if it breaks the all time high and retest s it successfully then we can say bitcoin will be more bullish
we are also getting much bullish news like
Mr Saylor buying more...
Bitcoin (BTCUSD) continues to do great and a new All-Time High (ATH) has been hit today, with more to come...
But, what will happen to the Altcoins?
How do we approach this market correction?
The altcoins and altcoins market has been growing massively since the year 2021 started.
Bitcoin took 2020 by storm but as we reached 2021 the Altcoins also joined the...
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.
Bitcoin (BTC) Analysis - Current State
📉 Overview:
Bitcoin (BTC) has experienced a reversal from an uptrend to a downtrend and is currently in a recovery phase. Presently, the price is below the 0.5 Fibonacci level, and the downtrend may persist.
📊 Confirmation of Downtrend:
Reversal Reaction: The reversal reaction has occurred, shifting from an uptrend to a...
Bitcoin now is in uptrend, but 4H chart clearly says that it is in inverted H&S pattern.
so as an investor, i will wait up to the retracement level to invest more in bitcoin.
If you are a trader, you can focus on more sell, if you are an investor wait till it comes back to shoulder zones.
Thank you
Bitcoin looks clear bearish...big hns pattern on 1D and 1W charts...Targets : 28.5k/24k/19k/12k/5k++
Stoploss : 42k
BULL RUN OVER! BYE BYE BITCOIN. SEE YOU AFTER 4 YEARS.
For educational purposes Only!
Bitcoin sell-off continued on May 24 after a tumultuous week for cryptocurrencies that were hurt in part by China’s crackdown on mining and trading as part of efforts to prevent speculative and financial risks.
At the time of writing this article, bitcoin, the world's biggest and best-known cryptocurrency, has slipped to $31,179 in the last 24 hours. The 24 -hour...
Bitcoin
The battle between 54k and 60k was a recent trend in bitcoin as we can see that the bear unable to break the 54k firmly and the bull was unable to break the 60k
firmly and since March 14 BTCUSD was trading within this range. And waiting for further fundamental support further upside movement. Today its bounced again from
54K level and braked the price...
Bitcoin is hot cake due to its current investments from Elon Musk which the firm confirmed 1.5 billion dollar investments in bitcoin.
Technicals
1) BTCUSD had formed cup and handle pattern on 4 hour and broken strong resistance .
2) Falling wedge on 1 hour chart
3) Currently has retraced to 0.23 fib levels
4) RSI is greater than 50 which indicates strong...
