I hope all of you guys have made the profit through my long published idea of btc while it was accumulating around 20500$
it jumped around 6000$ from there almost
now talking about the current predicament of the market the mother bitcoin is consolidating if it stays around 23900 zone below this distribution will start
it is advisable for you to not to take any...
Bitcoin make a Double Bottom
The recent selloff in U.S. stocks, particularly in the financial sector, has delivered a blow to investor sentiment. On Thursday, the Dow Jones Industrial Average dove more than 500 points. Other major indexes are also on track to record significant weekly losses.
On Weekly Basis:
BITCOIN completed its correction from peak USD 69000 to 15500 in its Grand Wave. There is a support at 19160 on weekly charts when it made a peak in December, 2017 and also paused in June, 2022. Though it broke briefly at 15500. Grand Wave Correction 1, 2, 3, 4 and 5 is over in Bitcoin. Bear cycle looks like, it is over. First break out has...
The red fall has not been covered, the green rise has not been covered, and the gray-white rise and fall has been covered. The red horizontal line is the K-line gap caused by the rise in the past two years ago, and the green horizontal line is the K-line gap caused by the decline in the past year. , The gray and white lines are all the gaps that have been filled...
Bitcoin briefly topped $20,000 on Tuesday, hitting its highest level in more than a week, but is still struggling to break out of its tight trading range.
With another U.S. Federal Reserve interest rate out the way, traders may be positioning themselves for a peak in U.S. dollar strength, which would be positive for bitcoin. BITSTAMP:BTCUSD
There might be a big dump in play on the bitcoin daily and weekly
Stoch rsi on both daily and weekly are hot
Long going trend broke and now acting as resistance on weekly time fr
Daily Macd is exhausting
Hi,
This is my second analysis of BTC in upcoming days or weeks.
I have seen a lot of people saying BTC will go back to 20k, 25k and even 10k too. They are saying because BTC crashed back in 2016-17. That time, only a few people were into cryptocurrencies.
We should be bullish at this moment but the current circumstances won't let the bull run happen.
BTC hit...
The past week can be considered as a bullish week for Bitcoin as the price level showcases approximately 6% gain resulting in the positive breakout from the consolidation range.
Bouncing back from the support placed at 0.236FIB level, BTC bulls had a positive crossover above 0.618FIB level. The price level had dual testing of the psychological mark of $42K but...
hi ,
As per weekly chart , bitcoin makes Head and Shoulder pattern and its takes support and Ready to breakout ,
lets see what happen within 15 days we know full picture
Buy - above 51500
SL - 46676
target - 60000
Its a eductional video so try on your risk and comment if u agree and share what u think about that idea ???
Your opinion is also helpful for us .
My view on Bitcoin today is neutral however I am expecting an extremely good move on either side - which I am confident will be caught by my system. Here's what it looks like.
In this chart of Bitcoin I have marked 4 price levels which have been determined based on a proprietary calculation that I have developed. The zone between the top-most and bottom-most...
After crashing almost more than 52% bitcoin can create two scenario either upside or down side
if it continues the downside trend line the price can form ABC pattern and get more dip of 30050
if the price breakout from downside trend line the price need to retest and sustain above 40700 for the further upside upto 52450
this analyse is based on daily...
Given yesterday's wild moves especially post the Fed's hawkish announcement I hold a neutral stance today as it remains to be seen which way the market wishes to lean towards; although to be fair, the signs do look bearish. But anyway we have a system and we trade that. Here's what it looks like:
In this chart of Bitcoin I have marked 4 price levels which have...
