In our last trade idea for BTCUSD (Bitcoin), we looked at the bearish scenario that is now playing out. Our title mentions two targets as follows: "🅱️ Bitcoin Blood! Even $33,000 Possible, Going To $40750 First!" The $40750 - $41700 price range is the next strong support and where EMA50 is sitting, we are likely to see a bounce if this level is hit bearish in...
Yesterday we saw blood for the first time in a long while for Bitcoin... Let's see what will happen next! Hit LIKE now to get started! Yesterday, we had a strong bearish candle where prices hit EMA21 at $47400. Buyers bought and the daily candle closed back above EMA10 and EMA21, keeping the chart potential bullish. Today, we see more blood with prices...
The excitement starts early today for Bitcoin (BTCUSD) with prices already reaching new highs. How far up can we go today? Since 5-Feb., we have $65,000 as our main target. You can see it below: And here: But, we are already past $56,000 and bullish momentum is only building up. We are very likely to hit $60,000 next. We are going to $65,000 in just a...
Bitcoin just hit a new All-Time High now and we are already at $53,000... Many people said it wasn't possible but it is happening... Make sure to hit LIKE now to get started! Bitcoin continues to move higher (BTCUSD). Right now, we are looking at the 4H chart and everything continues to look great. We have the BTCUSD price safely trading above EMA10,...
The weekly chart for Bitcoin (BTCUSD) is looking at its best in a long time, everything points to higher prices. The candles are safely trading above EMA10 with ~$65000 set as the next target. Depending on how this level is handled, we can potentially see a $100,000+ Bitcoin and beyond. The more fiat printing by world governments, the higher that Bitcoin will...
Bitcoin (BTCUSD) is starting to look better and better each day. We are looking at the daily timeframe now and we can see Bitcoin aiming at new highs. Prices are now trading above resistance with bullish indicators. The TD Sequential started a new count. The RSI looks pretty strong and moving above all resistance: The MACD is also strong on the bullish...
Bitcoin continues to be strongly bullish and all signals are pointing higher. Right now we have prices trading above EMA10 and growing slowly... The next target is set at $55,000+. The bears are nowhere to be found. The bulls are in full control. The chart is 100% bullish. We are likely to see higher prices in the days to come. Do you think Bitcoin can...
The $50K Bitcoin is only a short-term thing... We are going higher. Bitcoin (BTCUSD) continues being 100% bullish with the bulls in full control of the price. We can see little trading volume as well as higher lows, the current price remains near ATH, pressuring to move higher. The RSI stays above 50 and already curving up. It is possible to see good bullish...
Bitcoin (BTCUSD) is looking good on the 4H timeframe. We can see that a new ATH was hit yet prices remain consolidating near resistance. The longer a resistance level is challenged the weaker it becomes. The trading volume is really low, which signals neutral/sideways or a continuation. BTCUSD is sitting above EMA10, EMA50, EMA300/MA200. This is good. The...
A new all-time high today for Bitcoin, BTCUSD, it only took one month since the last one. The next resistance I am looking at based on my Fibs. is sitting at $51,000. Momentum is just starting to build up. Volume is coming in. Chart Indicators We have a bullish cross on the MACD while above zero and we also have a very strong RSI. This is a very good...
Good and lovely day and fellow cryptocurrency trader... What a great start we are having to this Saturday with a very green Bitcoin. We just looked at BTCUSD Weekly, the article below, and commented on the bullish trend/bias and potential targets. See it here Daily, 24 hours per candle, we are now aiming to challenge again the All-Time High at $42,000 but...
Bitcoin is looking good weekly so far... The retrace the past 3 weeks was short-lived and didn't hit EMA10. We remain bullish as long as prices are trading above EMA10. In this timeframe, EMA10 for BTCUSD is sitting at 30396. On this current trend, BTCUSD weekly is aiming at the ATH at $42,000, that is if we continue to see follow up from the buyers. Above...
This is another one that I feel will recover in the coming days/weeks... It is likely that the low was hit back 7-Jan... Notice the high volume after this date... Notice the very low volume before this date. We have bullish divergence with the MACD and RSI, a long-term one, and recently prices trading above EMA10. Patience is key... That's the theme of this...
Here I am looking at Bitcoin (BTCUSD) on the 4H timeframe... We can see EMA300 (grey line) tested for the first time since October 2020... We can say that this is enough and we now move up. We also have a bullish candle/reversal signal and high volume. This is the 4H chart: When looking at the daily timeframe, this level that was tested is marked by...
Remember that all the corrections have been very small for Bitcoin and with massive fiat printing in stores for us soon, its price is very likely to move even higher. We can say we have some mixed signals here since prices stopped growing after reaching resistance, but so far we haven't seen any follow up to the drop that took place on 10/11-Jan. Now that I...
Bitcoin (BTCUSD) is now aiming to hit around $27000 in the coming days... That's ok but why do I say this? Recently, Bitcoin's price peak at $42000 on 8-Jan., after four days of retrace we started to see a bounce... This bounce looked beautiful but not anymore. This whole picture ended with a lower high, which means that lower we go. The RSI is trending lower...
When we see a bounce like we are seeing now, we have to be wary of bull traps and dead cat bounce, but this doesn't seem to be the case. Bitcoin is now gaining momentum and now aiming to reach the last high at $42,000 and probably much higher. Prices retraced and found support at the EMA100 blue line and now the bullish bias is back on. Resistance is being...
Lovely... This is exactly what I was looking for... A bullish Bitcoin! 😁 We use EMA10 as our main indicator to gauge bearish/bullish potential... When prices move below this indicator, which is marked here with a green line, we switch our potential to bearish. When prices go above it, we say that the bulls are getting the upper hand. The retrace for...