We have CPI Today. Buy walls are now at $25,000 for $BTC. But, Still there no spot buyers. Im in Long and If we got rejection above 26.2k, I'd like to short it. GL guys!
Previous day:
VAH: $25957
POC: $25808
VAL : $25782
Date: 13 June 2023
Bitcoin is a decentralized digital currency that operates on a peer-to-peer network, enabling secure and direct transactions without the need for intermediaries such as banks or governments. It was created in 2009 by an anonymous person or group known as Satoshi Nakamoto. Bitcoin transactions are recorded on a public ledger called the blockchain, which ensures...
Bitcoin is hanging by a thread and is at critical support on the higher time frames. It is at key demand zone of 25.4k - 24k zone. If the level holds, we could see a rally in BTC towards 36k-40k.
However a break of 24k with candle closure, is not going to end well. We could see a further correction to 18k if this were to play out.
Watch these levels closely in...
Since 2017 starting point of BTC, it have Ist wave in triangle pattern (means mostly if 1 wave have triangle pattern then 3nd wave is longest which have completed in BTC & hit 3.618% of Fibonacci ratio. 4 wave taken more time consumed & 5th wave also complted as per elliott wave. then big correction has also done (a,b,c in form). hence total 08 wave have complted...
CRYPTOCAP:BTC Still Moving Above the Major Trendline & inside the Wedge..!!
Expect a Volatile Week ahead with the #FOMC and #CPI data Releases.
#Crypto #Bitcoin #BTC
#community
As the volume keep going down gradually there are higher chances that the altcoins once again start to show rally
all i am just saying is now we are moving in safer zone which is continuation zone
for a clear instance there are two major support being shown in the chart 1st and 2nd one
start your positions now
#btc #crypto #bullrun
#binance #lunccommunity
This is an educational idea only, do not take it as investment advice.
There is a Butterfly pattern formation in the BTCUSDT trade. If Price closes above 27477, we can see an up move till 31000.
Let us connect and discuss more possibilities on day to day basis.
Bitcoin's head and shoulders bottom, the daily line has broken through and stepped back on the neckline support of the head and shoulders bottom, and then it is bullish to go above the white trend line. After a year or so, it will break through this white line to a new high.
This is an educational idea only, do not take it as investment advice.
BTCUSDT looks range bound. If falls below 25800 we can see a fall upto 19800, if bounced back from 25800 we can see a rise upto 31000.
Let us connect and discuss more possibilities on day to day basis.
#btc CRYPTOCAP:BTC #crypto #sec #binance #bnbbull
I have witnessed maximum orders
what psychology says maintain distance from the market
its downward simply now ,
has to cross 27500$ in order to climb upwards
Thanks
telegram and twitter in bio
It will important to hold this 26800 support
If it will break next stops
25100
23000
If BTC hild this support then we can see a little green in the market
tip: The bears are strong
This is my anticipation in bitcoin for future move.
No matter how much the things goes, crypto will never eliminate.
Share as much as you can.
Comment down any pairs and time frame you want to see analysis. Also like my previous analysis.
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Decoding Bitcoin: Weekly Time Frame - Descending Channel Pattern
Bitcoin has been trading within a Descending Channel Pattern since February 2021, presenting opportunities and challenges for traders based on technical analysis. Let's analyze each period from a technical perspective and consider their potential impact on future price movements.
Period: Feb 2021...
If there resistance is broken out with a strong green candle with good volumes in DTF
It's a blind Long
Disclaimer
It's important to note that market investments come with inherent risks, and accurately predicting breakouts or price movements is challenging. It's advisable to consult with a financial advisor or conduct further research to validate the...
