This is a positional analysis for Bitcoin. Markets have been consolidating and a fresh rally is due which I am expecting to start in the next few hours or in few days based on the price action. BTC has had a minor correction and is now ready to rally again. This rally started in Feb 2024 which is still continuing. I will personally again confirm through my ideas...
After breaching the support of the upward trendline, BTCUSD has shifted into accumulation mode. It's currently attempting to shape a bullish flag pattern, signaling a significant probability of an upward breakout. The longer the consolidation and accumulation phase lasts, ideally around three weeks, the more robust the potential push to the upside becomes.
BITCOIN FACING A SUPPORT LINE DALY chat plus a neckline BREAKING
In daly chat bitcoin facing a support line
Please check your own
And you can see the neckline also breaking
And over here a good falling also swowing
it will balance the fall by retraceing
with powerly due to support plus breakout
So it's a good opportunity for buy
Don't hesitate to trade
Grab...
Due to todays selling #BTC may test 60K. BTC today broke important support of upward trendline. It needs to reclaim it soon otherwise 60k is inevitable.
- Bitcoin is currently trading at a crucial support zone
- Bitcoin needs to hold this support of 65000-66000$
- If Bitcoin holds this we can again see it crossing 70,000$
- If Bitcoin breaks this 60-62,000$ will be my POI
- Every other Altcoin is currently trading near it's demand zone only and we are massively down in altcoins
It tends to happen to the other coins as well. The first pump and come back twice for exhaustion. It will scare out the FOMOers.
For the long-term, be mindful that Bitcoin will come back to the EXHAUSTION area (21 and 55EMA weekly).
The latest pump, BTC broke out of the W pattern without retest, I did not feel so good. But now it has done enough retest.
The...
#Bitcoin Halving Month is Almost Here
Less than 20 days to go!
Here's why this one's for the history books:
1⃣ First Highest weekly candle closed
2⃣ Smashed its All-Time High (ATH) right before the halving
3⃣ 7 straight months of green candles
This is a huge bullish signal!
#BitcoinHalving #Halving
Bitcoin price hovers close to All time high value and is showing accumulation in the last few sessions.
The BTC price currently trades close to $69,400 and has dropped nearly 2.60% in Intraday.
The Bitcoin price started off the week with a negative note on Monday and has dropped nearly 2.60% in Intraday on Monday. At press time, the crypto was hovering close...
#BITCOIN WEEKLY CANDLE ALERT
In just 7 hours, #BTCUSDT is on the brink of making history.
Aiming for its highest weekly/monthly close EVER, and the first ever above previous cycle's peak!
Previous Highest Weekly Close : $68,951
Need to Close above $69,000
Will #BTC make Highest Weekly/Monthly Candle ?
CRYPTOCAP:BTC
as per price action and pattern showin weakness in btc before it will go down take liquidity in rest above 3-4 days high . we can plan for sell trade after grab liquidity .
BTC have broken out the bullish flag as we have mentioned there in the chart. After breakout a formation of consolidation is healthy for any trend to continue ultimate target would be 73400 but there are two possibilities which we have mentioned in the chart..
You can go accordingly… Educational purpose only.
Hello Bitcoin Traders, Just have a look at the chart pattern on weekly chart 📈.
Yes It's a Cup & Handle pattern formed and in short it's a Bullish time period to jump in to BITCOIN on your desired Time Frames. All the Best..
Note: Educational purpose only
Please read the notes on the chart and act accordingly.
Disclaimer: It is only for educational purposes and I am not a registered analyst with any of the National/International agency. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses.
Thank you
Please check the notes on the chart.
Disclaimer:
I am not a registered analyst and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
Thank you
Please read the notes as mentioned on the chart and act accordingly.
Disclaimer:
I am not a registered Analyst with any of the National/International Regulatory Authority and it is only for educational purposes. Please consult your financial advisor before making any decision.
