Hello traders.
This is a time to fill your portfolio with Bitcoin and other crypto currencies. I've been saying to buy altcoins for a while now. The reason is simple and quite obvious: 50% Retracement from the current price. I'm expecting an upward push in Bitcoin price after it reaches around the zone of $25-$26k. I'm also expecting a much needed spike in volume...
In the fifth cycle of the Bitcoin BTC bull market, Bitcoin has entered the fifth cycle of the long-term upsurge in the bull market. The general direction of the general trend has been formed. Only by continuing to rise, no one can compete with this bull market trend. Only by following the trend can traders get the results they want.
It appears that there is a consensus that Bitcoin is currently surpassing its previous highs. The question arises whether this development is a trap or a genuine trend. It is important to note that there is a bullish trend emerging as evidenced by the price bids reaching a significant resistance level below $27,000. However, for Bitcoin to exhibit a rally and...
Based on the current market conditions, it is anticipated that Bitcoin's performance on June 27th will likely remain relatively stable, primarily due to the lower trading volume observed. However, it is noteworthy that there are substantial buying bids within the range of 27,000 to 25,000, which presents an opportune price level for investment. Furthermore,...
The key to reversal of a trend is price structure and progressive confirmation
Bitcoin created triple bottoms in november 2022 followed that up with an uptrend, then created another bottoming price action in march
The trendline created using these bottoms got further confirmed in june as it broke above 31k after 1 year
Along the way it managed to break...
As per Present #BITCOIN Dominance Chart...
Whenever in June Bitcoin Dominance goes to downtrend, BTC price also goes downwards to $21.5k to $19.5k at this stage soon...
you see Bitcoin is stuck between two levels and can't break up or down but I suppose it doesn't have a strong candle, every time it tries to go up but defeat every time and take LH so I suppose Bitcoin breaks down the support zone and we could see Bitcoin in 25000 levels
Bitcoin these days have lost its charm, but the final movement will decide the fate of the investors.
Bitcoin has broken its recent weekly support and headed towards Retesting. all candlestick patterns breakout and retest are what all wait for if the retest is successful, it will cause huge fall in bitcoin price.
views are personal do not take positions based on...
Based on Bitcoin script analysis, there may be a short opportunity at the current trading level of 27540.73. The script indicates that Bitcoin is defending the position it made in the sideways price channel, which could lead to a downward trend. However, it is important to conduct thorough research and analysis before making any investment decisions. It is also...
BITCOIN's all time High on 08Nov21 @69198..7
Bitcoin extreme POI is not mitigated yet!
We can see a couple of HIGHS as well if we see High in Descending order we can see the yellow colour represent the third high @32446.5
Once the Price Breakout the third high after that we can say we are in BULL MARKET!
WE ARE NOT IN BULL MARKET YET!!!
BULL TRAP!?...
So, Bitcoin fells from resistance level as already commented about in 30.01.2023 starting idea
price is now at a support for further direction will add a new idea today
i am regularly providing daily chart for help in day trading but for higher period range
there are many lines in my chart, but u do good analysis of chart,
u will find how important are those line...
1. Bitcoin is currently exhibiting a text example of Time Cycles in Play.
2. Staring from the All Time high Bitcoin is following a Cycle of 73-days which can rounded off to 75.
3. Cycles can be difficult to identify because they get lost in TREND.
4. Long Term Trend is bearish until price breaks the pivot high of previous cycle.
Bitcoin has formed a bulling flag which was a correction of the overall bearish market. During this christmas and opening of next year we might see bitcoin heading to 11000
THE TREND IS YOUR FRIEND!
Bitcoin "Double Bottom"
Bitcoin Update "5-12-2022"
Bitcoin has recently encountered a pullback at the Support Level . Currently, Bitcoin is trading in the 17070 range. If a breakout occurs, Bitcoin may rise to the resistance level of 17400. If the trend fails then price of Bitcoin could fall to 16960.
Happy Trading
Bitcoin "Channel Trend" Buying Climax
Hourly Time Frame Analysis
Since the 21st of November, Bitcoin has traded in the Ascending Channel Pattern range, and on the 25th of November, Bitcoin breached the Channel Trend Resistance with average volume, which should have improved exit odds and caused the price to begin consolidating in the range of 16385 $ to 16685...
