📈 Technical analysis BTC/USDT
During the corrective movement, the price of Bitcoin reached all three targets from our previous review: the Imbalance 4H zone, the Imbalance 1D zone, and the support level of 57,000.
The recent downward wave in the price of BTC was driven by the reluctance of the US Federal Reserve to lower the key interest rate and the outflow of...
Bitcoin Update 02.05.2024
A.O.A and Good Morning to All Brothers and Sisters!
As Forecast Yesterday Bitcoin Dropped and Supported by Exactly our Yellow And Blue Area. And Just Bounced Back From Blue Area. Till Now Bitcoin Has No Direction. But Try To Break The Yellow Area. And Last 4H candle Retest Now. Price Can Grow Up And Touch The 4H Resistance but This Will...
HELLO TRADERS.
As you already know those who followed my previous post about Bitcoin remember that I said if it breaks 63440 to the upside a Bullish trend might start, well thanks to the news events here it is.
On 4HR chart given in this one you can see price has broken the bearish trendline along with 1st Daily Horizontal Support that I marked and is being...
Sell BTCUSD, 62700, SL 63100, TGT- 61000
PRICE went at 63450, and there is also 61% retracement area and it will comes down at 61000 because here made a imbalance i seller and buyer and all liquidity is already swap all over so place a trade and get 1700 points
Since the beginning of 2023, the Bitcoin price has witnessed strong buying pressure and the price has surged by 270%. It recorded an all-time high of $73,808 on March 14, 2024, and underwent a correction phase.
The price has been defending the major support level of $61,000 from the beginning of March. In the first week of May, the asset price slipped below the...
There will be short rally followed by a big fall. BTC will make new high to get a new funds flow in at the top, making a perfect setup to big sell offs.
Price will likely to reach 52 to 50 in one or two weeks.
Price already takes the buyside liquidity.
Last 3 to 4 days it's been dropping slowly with accumulating orders to short.
It's my prediction maybe it will not happen.
Learn to analysis by yourself is better for you.
Peace.
Yeah as per technical analysis it should come to 56k.
In my opinion it gives confirmation candle to go 56k.
Maybe it will reach there on Thursday or Friday ( economic data news) .
Learn to analysis by yourself.
Peace.
In recent days I told many times about upcoming dump in crypto because of usdt.dom and btc.dom showed a significant bearish scenerio. Now the Bitcoin following my Dumping Path and if it's same in future then we'll see 52000 as next stop of Bitcoin.
