Bitcoin has been respecting the resistance level of 44500 and is just below the 200ema.
On daily chart frame,the chart pattern formed near the resistance level will help is confirmation of the movement of the price above or below the resistance levels
The bitcoin is forming a ascending triangle chart pattern on a bigger time frame.
Support levels :- 41980,...
BTC has liked the 0.5 fibonacci retracement level on both big and small time frames and there's a high probably that's where it's headed towards the mid 50k mark, expecting it to shoot straight through.
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for March 24.
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Symmetrical triangle pattern formation on BTC on a 30m timeframe ! Target should be around 44500$ !
🚫Disclaimer:
I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments!
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Hello.
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for March 23.
This is the move after the final completion of...
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for March 22.
This is the move since the final round of...
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for March 21.
This is the movement after the analysis was...
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...
