#BTC : Nice recovery over the weekend; should hold the same by the end of weekly close. The price is stuck between FWB:67K and $71.3k. The main support below FWB:67K is $60.3k. Break and close above $71.3k would signal another attempt for a new ATH. Unless we break either of these levels, Bitcoin remains choppy. If you're playing on leverage, stay cautious...
Overview: This analysis looks at the historical and projected price movements of Bitcoin (BTC/USD) on a weekly chart. Historical Price Movements: 1. First Major Rally (2016-2017): - Growth: 4,499.77% - Price Increase: From ~$430 to $19,439 - Duration: 86 bars (602 days) 2. Second Major Rally (2020-2021): - Growth: 1681.18% - Price Increase: From...
As we closely monitor Bitcoin's price movements, a critical resistance level at $72,000 stands out. If Bitcoin successfully breaks through this barrier, it could signal the beginning of a significant upward trajectory. The implications of surpassing $72,000 are substantial, potentially driving momentum that propels Bitcoin to new all-time highs. Reflecting on...
Please see previous btc ideas for more context ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the...
Recently, Bitcoin has experienced significant volatility, sharply declining after the flash crash on June 6. Prices fell from the $72,000 level to below $70,000, leading to substantial selling pressure. However, positive trends can be seen in the market as U.S. ETF issuers are buying a lot of Bitcoin, which boosts confidence in the long-term outlook of the...
Yes, it certainly seems impossible for this to happen one-to-one. I just wanted to share it as an idea.
Markets move in cycles and based on game theory . Everyone is risk averse and everyone jumps in when it appears "risk free". This is how prices would be bid up. Stocks work like auction . During Bull runs -> Highest payer - bids up the prices and the averages increase. During Bears -> it's a fire sale. BUYER has an upper hand and takes the lower prices...
👨🏻💻 CRYPTOCAP:BTC /USDT #BTC has reached a strong daily resistance level that has been a barrier since March, despite the overall bullish trend, raising expectations of a potential retest of support📉 A short-term pullback to a key support level at 69,500 is expected👨💻 BITSTAMP:BTCUSD - - - - - - - - - - - - - - - - - - - - - - Follow #CryptoEase and...
A rejection at this resistance zone will activate my sell order. I still believe that Bitcoin is not ready for bullish re-run. Entry 73000 sl 73600 tp1 66000 tp2 62000 tp3 60000 least. note: Wait for rejection on a daily frame. **************************************** Use a stop order and do your own research before trade
As the US market opened, Bitcoin moved higher but failed to break above the resistance zone. Another attempt to move into the resistance zone may occur. Bitcoin needs to break above $70,000 to gain bullish momentum.
$Bitcoin Update - Bitcoin has broken out of the symmetrical triangle pattern as expected. - The price is now taking a retest. - If Bitcoin continues to follow this pattern, we can expect a bullish move and it may cross $70K. ☺Stay tuned for more information!! ☺
Anyone who puts 2025 as the end of the cycle is wrong, in my view In this analysis, I will list for you all the next steps, starting from now. - Altcoins and Bitcoin will rise to 85k, and it will happen from here until the end of June - the beginning of July.... This will coincide with TOTAL3 reaching 900B - 1T. -There will be a strong correction for the...
Bitcoin Breaches $69,000: A Bullish Breakout or a Fleeting Glimpse? Bitcoin (BTC) bulls were ecstatic as the world's leading cryptocurrency climbed above $69,000 during early Asian trading on June 3rd. This move marked a significant milestone, breaking a resistance level that has held firm for the past 12 weeks. However, the crucial question remains: is this a...
Hello everyone, last update I said that we are in an unprecedented time for Bitcoin so I decided today to shed more light on this statement. I said it because it is the FIRST TIME in Bitcoin History we doing something that never happened before. --- BITCOIN is consolidating ABOVE its MONTHLY ATH Close --- This should be enough as a reason for everyone...
Hello My dear Traders, I am Bullish for Bitcoin for a Target of 88 K The cup and handle pattern is a technical analysis pattern used trading to identify potential bullish continuation patterns It's formed by a price movement that resembles a cup with a handle. Here's how it typically looks: Here are the stages for cup and handle pattern. First stage...
Hello dear traders. You can see two areas on the chart, you can enter the position depending on the sale and buy area. And I made a serious decision to share the important areas of my personal strategy for free if supported.
Resistance and support level that could be used while placing trades. Note: this is not financial advice. kindly do your independent research and analysis before making financial decisions.
we are in the last hour of the btc triangle life, if we break above and close our 4H body candle, we will see a good bounce from here. for certain and better long we can Waite for grey line which price is 69375 to break and candle body close above. don't panic and stay calm till good break candle, then catch it up. good luck wolfies. #btc #bitcoin #pump...