- Bitcoin is trying to take some support from the zone of 67,000$
- Bitcoin on a Daily TF looks different its trying to consolidate and find a support that can stop its further drawdown
- The market from a technical perspective isn't portraying much bearish/bullish bias
- One catalyst can bring down/up prices more
- If you are looking for entries then I would...
Bitcoin Analysis: Path to Resistance Breakdowns Across Multiple Timeframes
Abstract:
Bitcoin (BTC) continues its price journey, displaying resilience as it approaches key resistance levels on various timeframes. This analysis revisits BTC's recent movements, highlighting its confirmation of support and subsequent challenges at critical resistance points....
Bitcoin is showing a strong upward trend, with an expected target of over 60 percent. To play it safe, it is advisable to enter the market after the cup breakout.
* Bitcoin's current price: $43,350
* Weekly gain for holders: 15.25%
* Recent bear market toughness below the 200-week Moving Average
* Optimism: 50-week Moving Average expected to cross above the 200-week in a "golden cross"
soon
* Monthly gain for Bitcoin holders: 23%
* Weekly gain: 15%
* Projections: Targeting $50,000 by the third week of December
*...
Bitcoin has currently pierced all the supplies
- Bitcoin can get rejected from 43k soon or might go sideways
- If you are worried about Alts not pumping then the money is currently flowing more into BTC
- BTC dominance clearly depicts that, expect some more Btc money inflow
- BTC dominance chart idea has been posted once it gets rejected we can expect a huge...
#Bitcoin hourly Chart Analysis
MIL:BTC has been moving on #WedgePattern since last one week, after break-out New All Time High of 2023 on 24 Nov. at $38k for the first time.
#BTC now completed the previous pattern on #BroadeningWedge Pattern and Retested again $38k for the second time on 29 Nov. and now started movement on #FallingWedge Pattern.
Which...
Bitcoin Dominance is very useful in helping us understand where the money is flowing
: BTC Dom is currently trading in an uptrend move.
: BTC dom might follow the path I have created which might later result in a massive alts rally
: Btc Dom as of now shows some relief in ALTS can be seen and money after a decent Btc correction can flow back to BTC
: Closely...
Bitcoin (BTC)
Price: $37,829.17 USD
Price: 18.15 ETH
1hr Change: 0.17%
24hr Change: 1.14%
7d Change: 4.02%
Volume: $22,694,872,312.93
Market Cap: $739,648,195,822.46
Circulating Supply: 19,552,325.00
Total Supply: 19,552,325.00
The price of Bitcoin is $37,758. It has a 24-hour trading volume of $77.41 billion, a market capitalization of $738.25 billion, and...
#BITCOIN 1hr. Chart Analysis
As per present scenario, after reached out $35.9k in last week, CRYPTOCAP:BTC lower support already one of the previous one is $33.3k that was never broke down in previous times to much easily as well not this time too, but its also never break-out $35.2k mark very easy soon and previously many times too.
So, its the exact scenario...
Bitcoin pierced through all the highs.
- I think the volume of the pump was quite strong.
- 10% JUMP in BTC clearing all the supply looks very interesting
- Alts to watch out for are the current outperformers, FTM, LINK, INJ, APT.
- BTC is at a crucial level let a weekly candle close above 33k, before adding any size.
- Do not FOMO in.
#BITCOIN 2-hr. Chart Analysis
As per present MIL:BTC movements, it will be stucked between $26.9k to $26.5k , if it will be moving into this scale up to 2-3 up-down cycles, then major chances to break-out $26k mark soon with in next 48 hrs.
MIL:BTC already moving under #Bearish Flag in daily chart analysis, that's i previously posted, so as per that scenario...
#BITCOIN 1-day Chart Analysis
As per present CRYPTOCAP:BTC movements under FWB:27K -$28k range, it's unable to break out $28.5k due to very lower volume into market and manipulators trying to do some Pump-Dumps in Market but its very much chances to breakout into another divergence towards $24k soon in #BearishZone.
Anyway, lets see, where it will be move...
#Bitcoin Weekly Analysis
As per weekly movements into CRYPTOCAP:BTC into USDT pair Chart Analysis, It's again into #BullTrap with highly Pumped at October Start-up while America goes into Shut-Down to their services as per financial crises and Recession.
This Trap is 100% #Pumptoober,
B'coz, as per chart, Buying pressure starts from 1st week of January and...
#BITCOIN Daily Chart Analysis
As per daily chart pattern, estimated #DeathCross will be happening up to 12-15 September and if it will be happening then Market goes in Deep #BearishZone for next 70-100 days and Bullish Trend starts late around 15-25 Nov. 2023.
A "death cross" occurs when the 50-day moving average (50MA) crosses under the 200-day moving average...
#BITCOIN 4hr. Chart Analysis
At Present from last 20 days, CRYPTOCAP:BTC moving into Ascending Broadening Wedge Pattern.
Ascending broadening wedge is one such formation, where its signal manifestation of the ascending wedge pattern in an uptrend, the asset price trend reverses downtrend. Hence, it is a bearish reversal pattern. An ascending broadening...
#BITCOIN 1-Day Chart Analysis
As per daily signals into yearly chart pattern, CRYPTOCAP:BTC moving under Ascending Broadening Wedge pattern from January 2023 to at present and still to be continue....
As per pattern, BTC moving into final downtrend cycle of #CorrectionWave and as per pattern, its final Lower-Low point will be approx. $22.225 and last lowest...
#BITCOIN 1-Day Chart Analysis-
As per CRYPTOCAP:BTC daily chart, Yearly Cycles running into Ascending Broadening Wedge pattern, then its final wave is nearby touched their support level and soon break-out up to $22.5k to $19.5k to complete its Bearish Zone cycle up to 5/7 sept., while monthly cycles moving under Descending Broadening Wedge Pattern, and as per...
