Hi,
This is my second analysis of BTC in upcoming days or weeks.
I have seen a lot of people saying BTC will go back to 20k, 25k and even 10k too. They are saying because BTC crashed back in 2016-17. That time, only a few people were into cryptocurrencies.
We should be bullish at this moment but the current circumstances won't let the bull run happen.
BTC hit...
The past week can be considered as a bullish week for Bitcoin as the price level showcases approximately 6% gain resulting in the positive breakout from the consolidation range.
Bouncing back from the support placed at 0.236FIB level, BTC bulls had a positive crossover above 0.618FIB level. The price level had dual testing of the psychological mark of $42K but...
hi ,
As per weekly chart , bitcoin makes Head and Shoulder pattern and its takes support and Ready to breakout ,
lets see what happen within 15 days we know full picture
Buy - above 51500
SL - 46676
target - 60000
Its a eductional video so try on your risk and comment if u agree and share what u think about that idea ???
Your opinion is also helpful for us .
My view on Bitcoin today is neutral however I am expecting an extremely good move on either side - which I am confident will be caught by my system. Here's what it looks like.
In this chart of Bitcoin I have marked 4 price levels which have been determined based on a proprietary calculation that I have developed. The zone between the top-most and bottom-most...
After crashing almost more than 52% bitcoin can create two scenario either upside or down side
if it continues the downside trend line the price can form ABC pattern and get more dip of 30050
if the price breakout from downside trend line the price need to retest and sustain above 40700 for the further upside upto 52450
this analyse is based on daily...
Given yesterday's wild moves especially post the Fed's hawkish announcement I hold a neutral stance today as it remains to be seen which way the market wishes to lean towards; although to be fair, the signs do look bearish. But anyway we have a system and we trade that. Here's what it looks like:
In this chart of Bitcoin I have marked 4 price levels which have...
In this chart of Bitcoin I have marked 4 price levels which have been determined based on a proprietary calculation that I have developed. The zone between the top-most and bottom-most price levels is a strict "No Trade Zone".
If Bitcoin's price crosses the top-most price level, we will be looking for long opportunities and if Bitcoin's price crosses the...
2hr tf bitcoin
Btc seems to be in an indecision mode right now.
What happens next depends mainly on the news.
And the fate of btc's bull run depends if it gives a breakout or a breakdown.
Trade according to the next move.
Not financial advise.
Hey everyone,
Bitcoin is 6% down today from the daily high. It might be going for another higher low, which can be formed between 50 to 61.8% of the current wave (which is near 50.8k to 54.3k).
The all time high is exact 69k and today's high is $63628 and today's low was $59907.73 . It might take support at the Fibonacci channel too, near 57 to 59k.
Currently,...
