Observing a downward channel pattern in the 4-hour timeframe for Bitcoin, with a breakout and subsequent retest indicating a potential continuation of this pattern. Based on this analysis, anticipate immediate resistance levels around 66500 to 66800 to be tested. Additionally, if you measure the length of the channel, it's approximately 8000 points, suggesting a...
BTC has been respecting the 4H for a bit. Maybe we see something like this play out over the next 1-2 months. Bull 5-8 months after halving is my guess. But remember, just as quickly as it recently crossed the 4H 200 EMA, crypto can do full 180s as we all know. Should be exciting as always :)
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,...
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Bitcoin 30-minute chart.
There are two Nasdaq indicator announcements tonight at 9:30 and 11:00.
Powell's speech is at 11 o'clock.
There...
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Bitcoin 30-minute chart.
There is an indicator announcement at 9:30.
After first touching the lower Bollinger Band,
It's going sideways.
On the...
A breakout in Inverted H&S and a Flag Pattern being created.
Breakout of inveted H&S leads to 75K above tht it breaksout from the flag pattern as well.
making a target of 102K.
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...
A good falling detected on bitcoin
It's showing a fall due to these reason
1. It's following THE 15 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bearish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
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Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for Mid term (02-05-2024)(MID TERM)
Current price- 58800
"if Price stay above 56300 then next target is 58900, 61300 and below that 52000.
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk...
#BTC/USDT has recently shown promising signs of a potential relief rally, supported by the formation of a double bottom pattern and bullish divergence. A double bottom typically indicates a reversal pattern, suggesting that selling pressure may have exhausted and buyers are stepping in. Concurrently, bullish divergence, where price forms lower lows while the...
BITCOIN: Bearish – Double TOP + Rising Wedge
The market could go back down to around $58 000.
In addition, detection of a possible double top on Bitcoin which would bring the price down to around $48 000
Watch for the 50 and 200 exponential moving averages, as well as the Ichimoku levels, and RSI.
be careful
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Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement today.
A section where everyone can be scared due to last week’s decline.
I...
It sounds like you're analyzing two potential scenarios for the BTC/USDT pair. Let's break them down:
1. **Retest of $60,000 to $59,000, then liquidation of longs, followed by a rise to $84,000:**
- This scenario suggests that Bitcoin might retest the $60,000 to $59,000 level, possibly to shake out weak hands or test support levels. After this retest, it could...
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Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement today.
Nasdaq is moderately trading sideways.
Subject to vertical decline...
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
BTC is forming a bearish structure, which is not yet completed. It could trigger a massive sell f if the structure fails with a global clue. the market is awaiting the bad news with curiosity.
