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Bitcoin Analysis on 01.05.2024Daily Bitcoin Analysis 01.05.2024 A.O.A And Good Morning to All Brothers and Sisters! As Forecast Yesterday. We Have Created a New Low On Price Yesterday. And That Makes A Bit Changes. We Have Now a New Diagonal Line and Today We look The Chart On Daily Time Frame. Reason Is Monthly Candle is Closed under The Area(64850). And That A Bearish Signal, Even Actuall Candle Reverse and Eat All Last Month Candle. On Chart You See Black area. Today's Candle Is Under That area And if Close Down Side Then We Have Another Bearish Confirmation. According to These All Signals We Have More Chances To Drop Down Then Reverse The Trend. Till 64000 Bitcoin Has Just Retracement. So Please Pay Attention On All You Buy Trades. Wish You All A Very Nice Day.
Short
by MoonTradingForecast
2
Bitvoin Update 30.04.2024Bitcoin Update 30.04.2024! A.O.A and Good Morning to All Brothers and Sisters! Yesterday Bitocin is Supported By Diagonal Line(Arrow#3). And Bounced Back. But Just Now Is Rejected By Important Resistance (64854). We Are Very Near To Yellow Lines Too. And If We Reverse The Trend from Here. We Need Just Some Force To Break Them. Same time If Bitcoin is Rejected by These Yello Lines. Next Reversal Point(54142) Is Secure. Now We Have To Focus Arrow#3&2. And Breakout Of These Two Line Will Give Us The Direction. Today Is Also FOMC and I think That Bring us A Huge Volatility. Please pay Attention To All Your Trades. Avoid to Open New Trades. And Wait Till We Have Closed At least Daily Candle Close. I Wish You All Very Nice Day.
by MoonTradingForecast
2
Bitcoin Update 29.04.2024A.O.A And Good Morning to All Brothers and Sisters! As Expected Yesterday Weekly Candle Closed Under Our Yellow Area. And On Monthly TF We Have Just 2 days. If Price Reverse From Here Then Price Can Bounce Back. But if Close under Yellow Area. Then Second Reversal Point Is Our Next Target. Updated Reversal Point now Is 54142. To Know Better on Daily TF. There is A Diagonal Line(Arrow#3). If Break down Side Then Price Drop. But If Supported Is Good Reversal Signal. Alts Still Not Sure To Open New Trades
Short
by MoonTradingForecast
2
BITCOIN Parabolic Projection for 2024-25 BullRun#BITCOIN Weekly Chart Analysis- As per CRYPTOCAP:BTC Weekly chart based Analysis of Parabolic Projections, already mentioned many times into previous posts, it is moving absolute perfectly and it will be into it's last Downtrend of Correction cycle around GETTEX:54K -52k upto May-June 2024. From July 2024 onwards, Bitcoin again Starts for their next Uptrend cycle of #BullRun and then it will be goes upto... Minimum $180k-$220k, and Maximum $250k-$280k Approx. So, Ready for Upcoming Bull Ride to create your best wealth... And, Always #DYOR, because it's #NFA and its our projections and analysis as per market charts, fundamental and technical analysis... Also, LIKE, FOLLOW, SHARE & COMMENT on it always...!!!
Long
by AskToRahulSirohi
1
Bitcoin Technical Analysis Bitcoin appears to be bullish on a 4-hour timeframe. However, it is still possible that there may be one or two liquidity grabs that could shake out more weak hands. In general, I would like to see how the market reacts to the price at 69000$ before making any further decisions. If you are interested in accumulating Bitcoin, I would suggest a 30% spot accumulation in this zone. The remaining 70% can be kept when Bitcoin trades around 45,000-50,000$.
Long
by VKtradesimbalance