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...
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...
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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...
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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...
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 :)
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.
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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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
The BTC after the rally, had ended up in a wedge. However, Bitcoin has revealed a sign of recovery as the price has spiked from the wedge's bottom trendline and has been consolidating at a crucial support level of around $60,000 on the daily chart.
If the BTC crypto manages to surpass the wedge's above trendline with a thrust, it could set for a colossal surge,...
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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...
The #BTC/USDT pair has recently undergone a significant event, testing a key trend line and subsequently bouncing from it. This bounce has coincided with the formation of a bullish divergence, indicating a potential trend reversal and the beginning of a bullish phase for Bitcoin.
The current price action suggests that #Bitcoin is now poised to retest three...
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...
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Bitcoin 30-minute chart.
Nasdaq is trending upward.
Beat is debating whether or not to break the record.
I'm more loyal than I look...
Purple...
Price is forming Flag and pole pattern on weekly charts with one shakeout on down side
Hidden RSI divergence might help the bounce if any
Relative strength is still very strong compared to SPX
But on Volume profile we can see VAH acting as resistance
Indicators and price suggests bullishness but volumes are against it
breakdown of channel low and 21ema will push...
