Bitcoin Update on 21.06.2024
A.O.A And Good Morning to All Brothers and Sisters!
#Bitcoin Yesterday Dropped Down After Breaking our Support on 4H TF. And Now Is Blocked by upper side of Blue Area. But the Important thing is The Yellow Area. Price Broked on 4H but on Daily is Still Not Confirmed. If Bitcoin Lose Yellow Area then We Can see A Long Downtrend.
Now...
Bitcoin is currently forming an ascending pattern, signaling a potential bullish market. Additionally, the RSI has formed a bullish divergence, and the decreasing selling volume supports this outlook. If the breakout occurs successfully, we could see Bitcoin reach $94,000.
#Bitcoin #Crypto #BullMarket #BTC #RSI #CryptoTrading #TechnicalAnalysis #CryptoBullRun
BITCOIN SETUP TRADE WIH 1:4 RISK REWARD
A good Buying detected on BTCUSD
It's showing a BULL MOVE due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
BITCOIN SETUP TRADE...
#Bitcoin Update On 20.06.2024
Finally Some Good Jump with Amazing Candle. And Bitcoin Create a N Wave Exactly on The Bottam of Our Yellow Area.
Whats Next??
If #Bitcoin Break the Second Resistance too. Then We Start Opening the buy Trades. My sell Trade Yesterday hit Stoploss too. And That Can Be a Postive Signal Too.
Now I just Wait the Breakout of Second...
#Bitcoin Update on 17.06.2024
A.O.A and Good Morning To All Brother and Sisters!
Bitcoin Try To Break the Resistance Witout any Success. But Just now Closed The Candle under Then Our Support on 4H. That Means Now If Retest. Then Bitcoin can Drop More. Where is The New Low? As I said In My Last Analysis is 64800.. Important is #BTC Dont Break Yellow area And...
Bitcoin Price Slips Near $66K Amid Fed Rate Decision: What's Next
Bitcoin Price declined over 3.32% yesterday, retracing the $66,000 Mark.
The price drop seemed to be largely constrained by the anticipation of Federal Reserve data and key inflation data.
Bitcoin price fell sharply yesterday, retracing the $66,000 Mark again this month. This downturn in the...
Bitcoin Consolidated b/w 55k-62k, now trading above 65k. BTC next trading range would be 62k-73k. Bitcoin can be bought here @65.1k with SL 62k and target would be 68k, 71k, 73k and 77k.
Bitcoin Price: Is a $70K Milestone in The Loop Amid CPI Data?
According to The Block, Spot Bitcoin ETFs have experienced a significant influx of funds, with a $302 million investment surge spearheaded by Fidelity's FBTC.
As per data by Lookonchain, a whale accumulated 102 BTC worth of $6.72 M adding to a total of 3,385 BTC since march.
Yesterday's inflation...
Bitcoin's On-Chain Activity Hits Lowest Since 2019: What's Next?
Bitcoin's onchain activity is approaching historic lows due to the dramatically slowed transactions in the last two months.
While some anticipate it as a bearish signal, others find it as an opportunity to accumulate more.
The crypto market is undergoing adjustments following the Bitcoin halving,...
After Every Red Yearly Candle... Expect Three Consecutive Green Years!
Doubts? Just zoom out on the CRYPTOCAP:BTC chart. #Bitcoin proves it's always bullish in the long run.
Are You Ready for the Green Years of 2024 & 2025?
Let's gear up for growth!
#Cryptocurrency
After Every Red Yearly Candle... Expect Three Consecutive Green Years!
Doubts? Just zoom out on the CRYPTOCAP:BTC chart. #Bitcoin proves it's always bullish in the long run.
Are You Ready for the Green Years of 2024 & 2025?
Let's gear up for growth!
#Cryptocurrency
Why "V" Shape Happened Last week in #Bitcoin ?
High Risk-to-Reward Reversal Trades
- Whales in Action: Big traders can manipulate the market to fill long positions. By driving prices down, they trigger stops/liquidations, then enter positions at favorable liquidity levels. Once the liquidity is absorbed, prices reverse upwards.
- Liquidation Levels: Massive...
Ready for Altcoins Season? Bitcoin Dominance Analysis
Critical Level: #Bitcoin Dominance hovers around the pivotal 55% mark, with potential outcomes hinging on breakout or rejection from 55%-57% resistance.
Altcoin Scenario: Breakout could trigger an altcoin bloodbath, while failure could signal a significant altcoin season, potentially leading to new all-time...
Bitcoin is continuously trading in range of 62k-65k but now the falling wedge is forming and according to its bitcoin can falls to 52k range in may starting.
Bitcoin BTC Rainbow Chart The colorful channel is the resistance line for the rise of Bitcoin and the support line for the fall. Blue and purple are the bottom, fluorescent blue-green is the relay, green and yellow are the middle track, and orange and red are the top.
Bitcoin started a very short term correction from 14March and complete A wave on 20March and form a B wave on 8 April and make a flat correction where C wave end below 60000$.So now bitcoin is ready to break its recent life time high.
Bitcoin goes through 5 C beats in the double correction wave cycle in H4: The bit runs a zigzag x flat x zigzag wave, a double wave that is rarely seen in Bitcoin's strong upward cycle in previous beats. Bit actually did a pretty good job as a sentiment maker, making quite a few people "frustrated" about this season's cycle. Countdown to Bitcoin Halving
Will Bitcoin Go Down? Bitcoin Market Quick Update
Bearish Signal: As long as Bitcoin stays under $67,900, it’s likely not going to climb much.
Possible Drop: If #Bitcoin can't rise above $67,900 soon, we might see its price go down to somewhere between $45,000 and $50,000.
Keep an eye on $67,900. Plan your trades and consider stop-losses to manage risk.
