Time to take a break for the bulls. Bitcoin has surged by 40% without any significant pullback.
It seems likely that it will retrace to fill the daily FVG, with strong demand anticipated below 45k and the 0.618 fib level before potentially reaching 60k.
Be ready to take advantage of any market dips, as this plan may take a few months to play out. Have a great...
What Is Bitcoin Halving? Here's All You Need to Know.
Halving is the event of slashing Bitcoin's mining rewards every 210,000 blocks, or roughly every four years. Read all about it here.
Table of Contents
Overview
What Is Bitcoin Halving?
When Is the Next Bitcoin Halving?
Deep Dive into Blockchain
How Are Miners Rewarded?
Why Halving Matters?
The...
BTC Analysis: Daily Time Frame with Weekly Support at $42,828 and Weekly Resistance at $52,223
1. Current Price Action:
BTC is currently trading within a range between the weekly support at $42,828 and the weekly resistance at $52,223.
Within this range, the daily support is identified at $46,901, providing an additional level for traders to monitor.
2....
Seems like a local bottom has formed and flipped the support. The strength of Bitcoin spot buyers is evident, with bulls attempting to push the price higher.
Despite a failed short-term plan, the overall market sentiment remains positive for potential further upward movement towards filling the Weekly Fvg. Let's go! BINANCE:BTCUSDT
Previous Day:
VAH:...
The final wave in BTC's short-term uptrend will appear after running the triangle in the zigzag area, then continuing to pump to 55K
Observe good wave points to prepare to enter the altcoin market, buy at the blue line and sl 5%
BINANCE:BTCUSDT facing LTF Resistance on Weekly FVG. If the support level is broken, the next target could be around $50,000.
This level has significant confluence with points of interest, psychological significance, and the recent high from Monday. Or If #BTC broke the resistance It will fill that Fvg. Let's wait and see how the situation unfolds.
Previous...
Hello Guys,
BTC is making a double top, so we can see a correction...!!
See chart for more understanding...!!
Disclaimer: I am not financial Advisor, This is my opinion I am some guy on the Internet...!! Crypto market is highly volatile, Do your own research and the jump into trade.
Certainly! Here's the prepared text with the signal incorporated:
Trade Signal: #BTC
Sell Position
Entry: Sell at 52,400
Take Profit (TP): 50,600
Reasoning:
In this trade, the decision to take a selling position is based on the declining value of Bitcoin (BTC). Several logical reasons support this decision:
Technical Analysis: Analysis of the Bitcoin price...
Elliotte wave count, Bitcoin not going to break the all-time high this year.
- Bearish waves count 012345 pattern formed as mentioned in the chart
- RSI indicating over bought and bearish divergent
- Target: 33000-32500
- SL: 56000
Bitcoin price is at the sell point, and is tending to go through the ending wave to return to correction at 42000. You can partially sell at this price area, and wait for correction at 42000 to find the next entry point.
Buy BTCUSD 51900, SL 516500, TGT- 53000
last time our buying price missed last 400 points, buy was 48000 and today price touch 52700, and price make a Block order as well as make a inducement area at 52100 and there is a lots of liquidity and it will grab by market and price will come at 52700-52900 and there is a buy order and sl WILL be 51600 and target may be...
CRYPTOCAP:BTC Analysis
The weekly candle is looking very strong. For a downward move, it needs to close below 43.9K.
If the weekly candle closes above 45K, it's possible to see a move up to the 48K-50K zone or higher.
Potential Bitcoin Price Movement Based on Previous Cycles
Greetings crypto community! I wanted to share an interesting observation about potential bitcoin price movement based on fractals from past market cycles.
- In 2019, BTC was 42% below its previous all-time high (ATH). Currently, in 2024, it is 41% below the 2021 ATH.
- In 2019, BTC dumped 73% from the...
Buy BTCUSD 48000, SL 47700, TGT- 50000
Sorry for last 2 analysis because i mentally decided to sell BTCUSD 2 TIMES but now i change my mind and asking before analysis BUY OR SELL.
Then i got it there is a BOS with imbalance and a BlockOrder generated at 48000, in 1H & 4H chart, so i decided to put my 50% amount to buy bitcoin now for target 50000
Sell BTCUSD 48250,SL48450, Target 46000
now Bitcoin given a Change of Character in
1H chart closing with 2 bearish candle also
a ema 30,50 gives cross down in 15m Chart
and Fibonacci is 50% is at 46000
