We are going to be looking daily at Bitcoin (BTCUSD) either on the 1H, 2H or 4H timeframe, sending out short-term updates... Stay tuned and please bless us with your support. Looking back at the 4H timeframe, the same TF as yesterday, we have a Doji to close Dec. 29. The Doji when coming up as it is showing on this chart can work as a reversal signal. Another...
We have multiple signals telling us that Bitcoin can move straight up. Looking at the 2h timeframe for BTCUSD, we can see prices trading above EMA10 and all other EMAs. The trading volume is still low but we are seeing steady growth, the bulls pushing higher. We have a very strong RSI to support additional growth. The next resistance is set at $52,000 followed...
After testing MA200 as support and holding Bitcoin is starting to recover. At first it was hard for some to see that a recovery was about to take place, but it is looking much better now. We have the same signals as before but stronger, these are not "early" signals anymore. See the previous trade idea below for the data... (Dec. 20) Can Bitcoin Recover Now?...
Forget about hitting like & follow. Let's read! Bitcoin weekly is still trading above a very important level and that is EMA50 ($44720). This is a critical support. Last time EMA50 was tested as support between May and July. The level held and prices moved up. So far EMA50 weekly was hit only on the 29-Nov. week. This and the previous week prices have been...
Hello my fellow trader, how are you feeling today? The Bitcoin correction we looked at recently is still on, we are aiming for lower prices. The black line stands for MA200 ($46,910). Below this level the next bearish impulse can happen. Above MA200 we are on support. Current critical support range $44,700 - $47,000. For additional details read the previous...
Bitcoin has had 2 primary bear markets (two years each time), first 2014-2015 and then 2018-2019. We assume this pattern is going to continue but we may be overlooking the fact that Bitcoin's macro role has changed. This is no longer a fringe asset. It may still be perceived as somewhat speculative but it's a trillion-dollar market. What if Bitcoin has...
From a #TA point of view #BTC could go down to around 40K (I earlier stated 45K) on the weekly and still be bullish on the weekly timeframe. Which doesn't mean that I'm also #bullish on the lower timeframes. Actually, I'm #bearish on the 3D timeframe and lower. #Crypto #Bitcoin
Let me start by saying that we've never had this type of monthly chart on the Bitcoin (BTCUSD) trading pair. In the past, each time an All-Time High was hit it would always, without exception, be followed by a long-term correction before prices continue to grow. This time around, we hit a new All-Time High in April 2021 and after only a few months a new All-Time...
Bitcoin is moving below EMA100 on bearish momentum for the first time since May. Hit LIKE to start reading now and let's get started! When Bitcoin moved and closed below EMA100 in May, we had the strongest correction of the year. Now, Bitcoin going below EMA100 can signal that something similar can show up. We have bearish indicators. The MACD is below zero...
The Bitcoin discount is now fully live but we are likely to continue lower, based on the chart technicals. We are having Black Friday and then Cyber Monday Bitcoin Discounts on BTC. Here let me share with you multiple analysis from earlier this month (the are all bearish): I Think We Go Up But Before Up We Go Down! Bitcoin $100,000 Soon Do You Think...
Bitcoin seems to beon short side for short term. harmonics is there. target stop loss and prz mentioned on chart. analysis based on harmonics. not for trade just for info
Hey everyone, I think the Bitcoin down might not end more than a week. Bitcoin has been perfectly respecting the Fibonacci Channel levels. The previous trend reversal was at the 2.618 Fibonacci Circle. It is about to enter the golden zone of the Fibonacci retracement, which is a possible area for trend reversal too. The news from India about private crypto ban...
Buy Bitcoin Around 57800 For Target 58800 and 59655 Till Monday
It looks like Bitcoin is forming a bull pennant on the 1h. The technical target out of the bull pennant is around 70.7K. I would place my tp just slightly behind the target to prevent it from not being hit. I would trade this pattern only if it break out to the upside. this how my trade setup would like. What do you think about this set-up? NFA
Today we see clear bear action developing after a low retrace and some higher lows. We can see prices moving below EMA10 on low volume... This volume will soon grow and the correction can speed up. At this point, the only way to change is to move back up and hit new highs consistently... After a new high, retraces/corrections due take place. The Altcoins...
Bitcoin price is correcting after an all-time high at $67,162. This pullback could extend to the liquidity pool extending from $52,746 to $53,824. If the bulls push BTC to produce a daily close above $64,539, it will invalidate the bearish thesis. If you have any questions, please leave a comment and if this post helps you out, leave a like.
Will this Bitcoin bullish trend end soon? It will ofcourse depend on the news. My target is 62k.
if you think Bitcoin will continue upwards, that box may be a good place to build a low leverage 2-3x long