Today as we can see IN bitcoin price there is an resistance range between 28269- 28861 and a strong support zone is in between 26986-26807 SCENARIO 1 If we see a strong breakout above 28800 then only we should buy SCENARIO 2 For today if we see a breakdown below 27600 we should take take profit at support level because from there we can see a bounce back. ...
BITCOINS JOURNEY SINCE DEC 2020 TO JAN 2021 The major cryptocurrency Bitcoin prices has recently slashed from $69,000 to $40,000 in about less then 2 months. Bitcoin was on its peak at $69,000 on November 10th, 2021 and it made a recent low of $ 39558 on Jan 10th 2022, a decline of 42%. However, in last few days it gave a sharp upside movement towards $45,000...
This chart shows the historical price of BTC relative to the 'Bitcoin halving' which happens every 4 years. The halving event creates a supply shock as the issuance of Bitcoin to minders is cut in half. The next halving is scheduled around April, 2024 where BTC issuance will be cut from 6.25 BTC every 10 minutes to 3.125 BTC. Reference the law of supply and...
BITCOIN The recent bullish trend has given a strong confidence in crypto investment. Bitcoin has managed to break the 60k level and felled back again below 60k level Currently it was trading below the 59k level.At this level we can see a consolidation phase for the past 3 days soon we can expect a breakout here. I have identified one triangle formation here which...
Hey good morning everyone, I hope everybody is doing fine and you are taking care of yourself and your family today’s analysis is based on Bitcoin what is going to happen. …. lot of rumors ARE there in the market that Bitcoin will crash to 20 K DUE TO THE USE OF nuclear weapons against Ukraine WHICH WILL ADD TO GLOBAL TENSIONS AND WORL WAR – 3 MAY START. Yes ...
Hello, bitcoin long-term swing trade buy: 46,000$ target: 65,000$ stoploss: 41,700$. LOGIC BEHIND TRADE: Bitcoin has formed w pattern on 1w chart & given breakout of resistance breakout buying (target identified from harmonic xabcd pattern level 0.886) stoploss is taken low of resistance candle. Bitcoin can go upto all time high. BITSTAMP:BTCUSD
📈 Bitcoin 📉 It has broken out from downtrending trend zone and given first signs of forming higher high higher low. Started forming up upside trending trend zone (this zone is yet to be tested to be strong support zone). Immediate Upside resistance is at 46000 levels. Have to watch how price behave around these levels. My Personal view :- Price should face...
We are in Bearish Trend Basis of that by the year end 2022 end Bitcoin will b Lowest LOW 20K Mid Low 25k Kindly do your own Analysis for any financial decision or seek your financial advisor, i am not a financial advisor i am sharing for entertainment and Informational purpose on the basis of experiences.
Good morning again ladies and gentlemen and happy new year to each and everyone of you. I hope we all got 2020 out of our systems and we are all determined to make 2021 a horse of a different color. 2020 may not have been good for most people but most people dont hold Bitcoin... Yet. This past year we saw a low of 3800 and a high of nearly 30k. It was the perfect...
A good falling detected on bitcoin It's showing a fall due to these reason 1. It's following THE 15 M trendline here 2. It's ready to break the neckline 3. In day chat it's showing the heavy bearish pressure Just grab out will your own risk With a small amount Stay connected Stay happy Bande mataram Follow for more
A good falling detected on bitcoin It's showing a fall due to these reason 1. It's following THE 15 M trendline here 2. It's ready to break the neckline 3. In day chat it's showing the heavy bearish pressure Just grab out will your own risk With a small amount Stay connected Stay happy Bande mataram Follow for more
Shorting Bitcoin as per my setup. CCI is bearish with multiple resistance confirmation on 5/15 min. Just the basic understanding of Support and resistance thats all. RSI+CCI+ Resistance below 0 level = short R-R IS 1:5 OR ABOVE ALWAYS.
Bitcoin close the weekly candle above the $25,000 key level. We will see a last wave toward the $29,000-$32,000 resistance level. You can start booking profit or increase your stop loss as we might see a test of the $25,000 level in the coming weeks. if btc doesnt close above $28700 then the reversal patterns for price action start to perform and bounce back...
Bitcoin BTCUSD trend is now up, then down Bitcoin is overall preparing to back set go towards south zones on bigger picture's Elliot wave counts, but currently we are expecting very little counter pull back rally towards north near 22500 zones, there after we are assuming good fall again towards south directions. all the possible degree wave counts are shared...
When bad news hit the crypto market, bitcoin started crashing. So I used Gartley's bullish harmonic pattern to find out possible reversal. It happened to be successful. Now I've used a bearish butterfly harmonic pattern to find out possible upside targets. If on the upside Bitcoin manages to close above 59K for the day, we could see the next targets.
In a range for a few weeks, Bitcoin is just letting off steam and draws us a head and shoulders pattern. Between Tesla's Technoking warning and possible general tightening of regulations across the world, nothing is going well for the queen of all digital currencies. Nothing? Not quite. Bitcoin has so far shown great resilience, foiling any negative news. I...
Good morning again everyone and welcome back to my daily look into the world of Bitcoin. Today I have the four hour time frame pulled up and I can see we have been in consolidation since early Friday and it looks to continue into the weekend and possibly even till Sunday. We will just have to see how it goes. There are reasons to be bullish and there are also...
We have converted all our Bitcoin into cash !!! It doesn't mean that bitcoin will go to zero. As we can see in the chart that prices are over extended and multiple fear and greed index now at Extrema Greed. Prices will correct about the support level 11.6k to 12k and then it will Moon Again. This will be healthy correction for prices to stay bullish, to shake...