📈 Technical analysis BTC/USDT
Bitcoin is undergoing a local correction ahead of the halving, scheduled for April 20th. The price of BTC has already reached the 0.5 Fibonacci retracement level from the last upward impulse and is currently testing the dynamic support line EMA 50 4H. In case it doesn't withstand the pressure from sellers, we expect the price to...
Don't get wrecked! #BITCOIN
Scalping with high leverages during times like these is a risky game. Market makers are toying with global sentiments, especially with the Big #BitcoinHalving just around the corner.
Cut through the noise; stick with spot trading exclusively.
Stay safe, earn safe.
Bitcoin Technical Analysis - Bearish Scenario & Elliott Wave Count
Greetings traders and investors,
Current Analysis:
The current BTC scenario appears bearish. As discussed earlier, I highlighted the likelihood of a significant dump. I hope you adhered to the warning and avoided long trades around $70,000 - $72,000.
Chart Analysis Recap:
The chart shows a clear...
BTC has experienced significant loss in the light of economic crisic & world war ||| scenario. BTC has wiped off almost 20% from its ATH. Also it has successfully broken major support at 59k area which was long term & major support.
BlackRock's #IBIT has sold roughly 36.9 million worth of BTC first time sice US BTC ETF approval. #Grayscale has been continuously...
Sellers have dominated the #Bitcoin today, leading to a bearish trend with more red candles expected.
However, a potential bounce is expected around the $61k POI as Bitcoin ETFs are set to launch in Hong Kong tomorrow. LFG!
Previous Day:
VAH: $63960
POC: $63667
VAL : $63440
Date: 29 Apr 2024
BITCOIN ANALYSIS 28 APR 24
currently BTC is forming a chart pattern Bullish Pennant now i believe
soon it will give a breakout in upward direction will be reached soon
Im think Bitcoin in Bullrun, maybe rugpull to remove most peoples.
DON'T SELLLLLL!!!!
Buy and Buy althought run down now.
12/2025, maybe Bitcoin have price 106.000$.
If you sell, you lose. Good luck
BTC ANALYSIS 27 APR 24 LONG
in this video we are doing paper trading on BTC entry was around 63043
sl loss was at 62800
target is 63971
R:R - 1:3
rest you can check in video
Currently BTC is trading at a value of 67770$
no trade zone is between 68830-66700$
BTC is in sideways zone but seems BTC will jump to 74000$
in daily chart candle BTC formed a very good support zone which makes it clear that it will go bullish
Bitcoin appears to be bullish on a 4-hour timeframe.
However, it is still possible that there may be one or two liquidity grabs that could shake out more weak hands.
In general, I would like to see how the market reacts to the price at 69000$ before making any further decisions.
If you are interested in accumulating Bitcoin, I would suggest a 30% spot...
cup and handle patton are considered as bullish signal in this is minute time frame of BTC USDT this pattern forms so this signal is a bullish sign I am going on long with 10 x leverage
Halving is done. Major event is over, BINANCE:BTCUSDT is now at a crucial junction. A fairly visible double top if not taken out soon then the base may weaken and eventually fall towards $52-55k or consolidation may continue in this range.
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
