BINANCE:BTCUSDT.P
Bitcoin is moving inside a bullish channel for the last few weeks on 4 hr chart. Even then it will be difficult to say that bitcoin will break this channel very soon as the current issues happening all around the world. So please be cautious!
📈 Technical analysis BTC/USDT
The price of Bitcoin has fallen amid the escalation in the Middle East and the decision by the US Federal Reserve to keep the key interest rate unchanged. Previously, during the prolonged July rally, the BTC price approached the upper boundary of the descending price channel but failed to break through. This was followed by a...
Bitcoin may face resistance in the coming week and may cool off
Bitcoin in double correction , in last leg of (z) which will be of 5 subwaves
A double top with bearish divergence may be a good signal to sell
Bitcoin's weekly chart shows that we have hit a weekly resistance causing the price to slow down. Resistance is a zone where people take their profits and hence future traders believe it to be a good zone to short the assets.
That is the reason why we saw a rise in bear activity on MACD, however their power has reduced. If you keep an eye on the news, we have...
📈 Technical analysis BTC/USDT
The price of Bitcoin is returning to growth amid positive macroeconomic data from the US and a new wave of institutional investor interest in spot Bitcoin ETFs. Currently, the BTC price is moving within a narrow range (65,000 - 72,000), and a breakout from this range will determine the direction of its future movement. At the...
According to My Analysis Bitcoin Is Still Bullish Area Until it Don't Cross the Two Yellow Lines. And If Bitcoin Break These Two Lines Then For Me Next Target can Be also 50K. And Exactly for That Reason I Dont Suggest any Buy Trade or Any New Buy Signal In Gruop.
And One Important Lesson of Trading What I Learned is,
Trading Doesn't Mean That You Have Allays...
Bitcoin has a market cap of $1.3 trillion and is currently 1st in the cryptoverse. Bitcoin’s 93.87% of the total BTC supply is currently circulating in the market. BTC is currently trading near the value of $66238 with a loss of 0.89% in the past 24 hours and 4.54% loss in the past seven days.
BTC is currently forming weak bearish candles on the daily chart. It is...
Bitcoin Cash has a market cap of $9.2 Billion and is ranked 16th in the CMC. It has a VM ratio of 0.02 with a surge of 2% in the overall volume. BCH is currently trading near the value of $470 with a slight gain in the intraday session.
Bitcoin cash price is currently in a weak consolidating range. It is trading below the 50 and 100 EMA which can act as resistance...
Bitcoin Cash has a market cap of $9.2 Billion and is ranked 16th in the CMC. It has a VM ratio of 0.02 with a surge of 2% in the overall volume. BCH is currently trading near the value of $470 with a slight gain in the intraday session.
Bitcoin cash price is currently in a weak consolidating range. It is trading below the 50 and 100 EMA which can act as resistance...
BINANCE:BTCUSDM2024
Bitcoin has rallied breaking several resistance zones in past 2 days
For those who missed out on trade are waiting for a pullback to setup long positions
Bitcoin looks bullish on higher time frame ( 1day and 3day )
So i propose some long position which might be considered in future
The first one is (risky) on the flip zone
the second...
I'm just analysing BITCOIN in case of an alternative to equity market worstcase scenario.
BITCOIN chart shows flag formation. It looks like ready to breakout of channel.
Target may be Long-term Channel midline.
Bitcoin is breaking out of its short-term downtrend and is currently in an Elliott Wave 3 movement. There is an expectation of Bitcoin's price growth towards its previous peak level of $73,000.
As of now, the BTC is being traded at 61040.7 with a small decrease of -0.84%.
The price of Bitcoin continues to slowly move, resembling a descending wedge pattern instead of consolidation, possibly leading to a 20% increase once it breaks out successfully. Nevertheless, according to the momentum indicators, there is a possibility of further decline before BTC...
In particular, Bitcoin has successfully surpassed the $60,000 mark, which had served as significant psychological and technical support during the 2024 bull market. Nevertheless, the ascending trendline was broken and started to decrease due to the 20-day and 50-day EMA's dyynamic push from upside. This deterioration has heightened the pessimism in the market.
The...
Daily Bitcoin Analysis 01.05.2024
A.O.A And Good Morning to All Brothers and Sisters!
As Forecast Yesterday. We Have Created a New Low On Price Yesterday. And That Makes A Bit Changes. We Have Now a New Diagonal Line and Today We look The Chart On Daily Time Frame. Reason Is Monthly Candle is Closed under The Area(64850). And That A Bearish Signal, Even Actuall...
The Bitcoin price has been consistently dropping for the past four weeks.
The selling pressure intensified as the bullish investors were unable to maintain the FWB:65K level.
During the past five trading sessions, the price of Bitcoin has experienced a significant decline, plunging below the $65,000 mark due to increased selling pressure following the halving...
Further updates on Bitcoin's H4 trend:
Bitcoin has just completed 11 waves of the FLAT correction wave in the H4 frame.
Currently, a bottom has been created at $60,000
Looking at the H4 frame, we can see that Bitcoin has just continued the first 3 beats of its 5 growth beats. The TenKan and Kijun lines both intersect and the upward trend is in the ichimoku cloud...
