Bitcoin will double the fall so far - 30k soon- chart seems to suggest. Long term log charts also showing support around 14.5k levels. Hasn't proved to be a hedge against inflation--US inflation is high and BTC seems to be searching more ways to go down. Any bounceback should be a good excuse to park funds in equity (available at a bargain) or sit with bonds. What...
These are two targets for bitcoin, if first breaks then golden pocket will be next and Eth caught up in abcd extension
Bitcoin is bullish on weekly when you look at the MAs and EMAs And short-time price actions lead to the new psychological price standards.
we can see that bitcoin is in a bullish channel going along the bullish trend, after 20th february, the price again touched at the resistance on 20th october. so according to my analysis we can hope that the price will touch the resistance level at 20th jun.
Yes - Bitcoin is ranging . Tested support and resistance multiple times. I can see clear W pattern is establishing which is really bullish in nature. Supply is exhausting , shorts getting closed refer btcusdshorts in bitfinex , TA is completely bullish . We should see a good journey towards 50k soon.
Currently bitcoin is still in the $37k-$40k range. Bitcoin has so far formed a short-term bullish divergence (ST), but it was rejected and eventually formed a bearish divergence. Bullish divergence ( If BITCOIN in the short term (4h) is able to break through $41,100-$41,250 ( fibo 0.382) , bitcoin has the potential to rise to $42,800 (fibo 0.23) and break back to...
BITSTAMP:BTCUSD Now days Bitcoin seems to be sideways to uptrend after trendline break out neither sustain at higher levels nor break lower levels
So its really come down to this, Anything above $37k is a bull for me. Anything, even a wick below ~$37k might lead to a break in the market structure and then we wait for a bounce and do what we have to, to survive. Selling here is not a place for me, If anything, its a final opportunity. The Titanic sails or sinks? Honey badger don't care, I will always...
The title says it all... Since many people are saying that the correction is already over or that whatever number is the "for sure" or "confirmed" low... Let me share with you this chart. We don't know exactly how far down it can or will go, we just know how Bitcoin behaves after each bullish top. Over 84% right after 2013 and 2017. So far we have seen -58%...
We have a bearish bias developing once more short-term. We have a strong rejection at the ~$45.5K resistance level on 10-Feb. What follows is a lower high and a break below EMA10. EMA50 is now being challenged as support and very likely to break. If the resistance continues to hold, we will see Bitcoin next move to around $40,000 followed by $38K. You can...
I've been looking at the major US indexes (SPX, DJI & NDX), as well as some of the TOP Altcoins within the cryptocurrency market (Ethereum, Cardano, Solana, Polkador), they are all bearish right now on the major/weekly timeframe. This week we saw mentions in the "news" about Bitcoin and the S&P 500 Index detaching... Sounds fishy. Maybe detach over the weekend so...
Today is Saturday and we approach the weekly candle close, we can look at multiple scenarios with the highest potential for Bitcoin in the coming days based on what we have today. Let's get started. (Read until the end and reply in the comments section with your potential scenarios or future predictions for Bitcoin and the Altcoins market) Bitcoin Weekly vs...
Beautiful weekend my beloved cryptocurrency trader, that is what I seeing these days... We have the classic Cup & Handle pattern in the Bitcoin chart (BTCUSD 4H) which is considered bullish and comes up after a correction/near support. With this pattern in place and many Altcoins preparing to go up... We can expect Bitcoin to also jump if we stay above MA200...
After making high of 66336 bitcoin started the down trend and broken the recent support zone of 40000-40250, next value area for btc will be 32000 to 31990 MACD has crossed the zero line indicating bearish signal RSI has entered the oversold zone as per VOLUME bears are more dominant then bulls Cryptos are most volatile assets i switched to EMA 400-500 band...
After moving away from the 1H timeframe chart, we have the 4H for BTCUSD. Here we can get a better picture at our "local resistance", in this case we can see it clearly as EMA100 or the blue line on the chart. Every since the 24-Jan. we have higher lows on this chart. The "EMA100 RESISTANCE" is being challenged over and over. The more a resistance level is...
The "local resistance" we spotted for Bitcoin yesterday on the 1H timeframe remains valid. We have a bearish bias short-term as long as this resistance remains in place. If Bitcoin goes sideways/consolidates... As long as Bitcoin goes sideways the Altcoins can have some time to recover. When Bitcoin drops there is always an initial reaction from the Altcoins...
We just looked at Bitcoin short-term, BTCUSD 1H, and we are seeing some resistance around the 26-Jan. high... What does the daily chart has to say? Bitcoin Daily | The Same Barrier Holds We have Bitcoin trading within a steep declining channel. We are all waiting for a bottom to be drawn, for a reversal to take place but so far not much has happened. We can...
We are starting to look good on the 4H timeframe for Bitcoin as prices start to recovery. We looked yesterday at a potential bounce short-term on the 1H timeframe , as this moves develops, we can see the bulls starting to re-enter the arena. We have the strong "V Bottom" pattern with unusual volume. Just recently prices closed above the EMA50 magenta line....