#Bitcoin Bull Flag Analysis: CRYPTOCAP:BTC
Breakout Point: $44000
Targets: $48000-$50000
Note: Chart Invalidated and Reverse if Break down $41000 Level.
Bitcoin Current Scenario:-
#BTCUSDT is bullish above $41300 Support Level.
But
Don't forget Trend will Change into Bearish if BTC/USDT Breakdown $41300 Support level.
Never forget Risk Reward and Stop Loss in Any trade.
Bitcoin Weekly Analysis: Navigating Market Dynamics
Overview:
Bitcoin is currently navigating a complex technical landscape, marked by a bear pennant on the high-time frame (HTF) and resistance at the upper boundary of a rising wedge.
Bearish Sentiment:
Bear Pennant Formation: Bitcoin is ensnared in a bearish pennant, signaling a challenging market...
#Bitcoin Technical Analysis
Current Price: $37,150
#BTC exhibited resilience, rebounding off $35,500 support, now approaching resistance at $38,800.
Support: $36,000.
Critical Juncture: break below $36,000 may pave the way for a retest of $30,000.
Stay vigilant within this range Parallel channel.
Bitcoin BTC bull market golden cross, 5-day moving average MA10 crosses MA100 golden cross, this golden cross also appeared golden cross signal in the past bull market, 2012 bull market golden cross, 2015 bull market golden cross, 2019 bull market golden cross, 2020 bull market golden cross Fork, 2023 bull market golden fork again, such an obvious signal is right...
Bitcoin BTC symmetrical ascending triangle, the daily low point is getting higher and higher, the bottom price is rising, the green trend is the low point trend line, according to the trend rule, it will break through the red trend line, and then reach a new high price, within the triangle is a shock, until If you break through the red trend line above, you can...
BITCOIN IN CORRECTION - Bullish trend. Buy @ 24500-25000 levels when price drops as looks very strong trend to the upside .
Target 30000 in near weeks. for bullish Trend Continuation
Target 20000 in near weeks for bearish trend - change of trend
Bitcoin Has Taken Its Bottom.,
You Can See In The Chart That In 2017 Bitcoin Formed Support By Falling 70.71% And In 2022 By Falling 60.00%. And After That In 2017, Bitcoin Fell By 45.88% And Made The Bottom Of Its 3rd Cycle. And Even In 2022, Bitcoin Fell By 46.05% And Made A Chart Like 2017 , It Seems That Bitcoin Has Made The Bottom Of The 4th Cycle.
Follow...
Bitcoin BTC daily trend line cycle, the red line is the bottom in the past, breaking the previous support and turning resistance is the position where it will rebound and rise in the future, the vertical line is the future top date, the red hammer is the future top price, and the green line It is the top of the past. Breaking through the previous resistance and...
Bitcoin makes proper Double Top Pattern formation and Last week's price break the 20400 Nike line
So, According to the Technical, it will go 18000$ in the upcoming week's
Bitcoin BTC monthly five-wave? According to the five-wave model, there is one less wave. Can the monthly line go out of the fifth wave and the last wave in 2023?
Bitcoin BTC shrinks the triangular trend line. Bitcoin has not yet broken through the downward red trend line. It is resistance in the short term. Under normal circumstances, it will fall back to the lower blue line or green line. Even if it breaks through the upper red and pink trend line later, it will step back on this line The two lines, seen below the lower...
Bitcoin is at support level. The risk is less if we enter on the support line with a stop loss.
The Risk to reward ratio is good.
There is a possibility of death cross which makes the stop loss more important.
This is only for educational purpose.
I spend good amount of time in analysis and feel happy to share it with a large group.
Bitcoin is making a double top on 15m/1h time frame.It is retesting now, and if there, a highvolume breakout happens, then a short trade can be initiated for further support.keep an eye on this.
Bitcoin triangle trend line, shrinking triangle trend, green support bottom line at the bottom, red resistance breakthrough line at the top, and the green-red long bar below is the most critical bottom range.
