The peak price on Bitcoins epic bullish run is now set at $42,000... What a ride... So much growth, so much excitement, and fun. But Bitcoin is now crashing, the correction is here... What to do? Where to go? Whatever you do really depends on your own trading plan, your strategies, your goals... But the real question should be... How far low is Bitcoin...
We have the best possible scenario right now and we are seeing Bitcoin growing together with the Altcoins... HIT LIKE NOW TO GET STARTED! Bitcoin continues to hit new All-Time Highs every day with the latest being $40,402 yesterday and today a new one with more to come. Many of the smaller capped. Altcoins are starting to recover printing 2/3 digits growth,...
We waited and waited and ended with no retrace after all. As I mentioned before, all the retraces and corrections for Bitcoin have been non-existent in the past few months... There is no difference this time around. We continue with our next targets. $36000, $40000, $46000 Additional details on the chart. Thanks a lot for reading. Namaste.
These are the questions that I am now getting very often... If Bitcoin will retrace, how far can it go? The potential targets we look at are based on the timeframe we are reading... Even though we have a very strong bearish candle today, with really high volume... It is still very early on this move, here is the daily (D) chart for BTCUSD: We have today's...
The day not yet over but, the BTC .D is printing a very strong bearish candle today... Bitcoin Dominance is about to go lower. What does this mean? When BTC .D goes low, Altcoins go high! What it means is that Bitcoin is likely to start retracing while the altcoins market starts to grow. This is great news, as Bitcoin has been hugging all the energy, all the...
In the Spirit of 2021 and Bitcoin hitting a new high daily... HIT LIKE before getting started! Thanks a lot for your support. We are likely to be witnessing the last monthly bullish candle before Bitcoin starts to retrace... How far up will it go? Looking at our Fibs. on this chart, based on the monthly timeframe, we have the following resistance levels coming...
Ok, a great start we have today for Bitcoin (BTCUSD)... Sorry, the unstoppable Bitcoin . Today, we look at the numbers. Our last target was set beautifully at $29890... Bitcoin cut through it easily, so, where do we go next? After conquering $30,000, with a candle close above this level (this means that this level is considered "conquered" only after today's...
For those waiting for the future on cryptocurrency, please allow me to burst your bubble. Cryptocurrency, Bitcoin, isn't really the future... Cryptocurrency is already here. Bitcoin is here now. Digital money is already the present. Cryptocurrency is happening now. 2021 Will be remembered as the year when cryptocurrency made its global debut. And this will...
This is a true and valid analysis... This is the real deal when I mention the $44,000/$46,000 target for Bitcoin. This is based on both the weekly and monthly timeframes. There is an analysis that I keep on going back to because it is really reflecting what is happening now and can continue to happen in the coming weeks, the next month. Based on the trade...
Just as I used to say that when XRP goes, it goes... The same is true the other way around. If you think it has done correcting don't trust it, it can go way lower. Remember that XRP has trillions of coins if I am not mistaken and the owners are always selling like there is no tomorrow. Whatever situation (bad press) they are having, plus the earlier airdrop is...
Wait... Don't get too comfortable... Remember that one? Retraces and corrections have been non-existent for Bitcoin... Or better yet, short-lived. We are seeing strong consolidation take place near resistance. When prices are going to drop, they drop. Staying near resistance is a signal of strength. Based on this chart, BTCUSD 1H, we are likely to see higher...
You could say that the Ripple (XRPUSD) chart is mixed in some ways... We have a bullish trend with bearish signals starting to develop. I get some doubts when I look at this chart... Can it go up from here? Will it go up? We have higher lows and long lower wicks... Uhhh... But at the same time, we have lower highs, a bearish MACD and the RSI going down fast,...
We've been seeing Bitcoin (BTCUSD) doing incredible numbers this entire year basically... Retraces and corrections have been non-existent, maybe a few red-candles or one long lower wick and then more growth... Something similar can happen again. The next resistance is now set at $28377 which is yesterday's high... On the daily timeframe, we continue to look...
Bullish momentum is starting to build up for the BTCUSD (Bitcoin) pair. We have only bullish signals coming from this chart, this is the 12H timeframe. Let's have a quick look at some of those: MACD high up and strong. The MACD line just crossed above the signal line. The RSI is very strong at 74.81. BTCUSD price stands safely and strongly above EMA10....
Today, the weekly RSI for Bitcoin just hit its highest level since December 2017. Bitcoin's weekly RSI has only been above 88 three additional times in the past. Back in June 2017, November 2013, and February 2013. Both times BTC hit this level back in 2017 the RSI dropped followed by a massive growth in the Bitcoin price. Looking back at 2013, there was...
Here is what I mean by a "MACD Reset"... This is BTCUSD (Bitcoin) on the 4H timeframe. We can clearly see higher highs and higher lows. We also have a bullish cross and the histogram going green. That's for the MACD. The RSI went through similar action printing a higher low and also breaking the downtrend line... It remains above 50 which is good for...
Bitcoin just hit a new high today at $24722 on BitStamp and other major exchanges. Its price remain trading above EMA10 and all other EMAs. We have a stable ascending channel in which BTC is trading and all bearish signals that we saw back on Dec. 20-21 have been deleted. Both the MACD and RSI went through a reset and prices continue to aim and climb higher. ...
It seems there is no stopping Bitcoin and we continue to see only higher prices. On the last monthly analysis, we looked at Bitcoin in a different view based on candlestick reading... "We go down the first half of the month and up the second half..." This is becoming true now: Bitcoin Monthly & Why We Go Down Before Go Up! All the...