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...
BTC’s daily chart portrays a significant rise from $60,176 on May 10 to the $71,958 high, followed by a correction and sideways movement. This pattern suggests a phase of price discovery and consolidation. Volume spikes accompany major price moves, with decreased volume during consolidation. Key support and resistance levels are $60,176 and $71,958,...
Fractal analysis suggests more consolidation over the summer imgur.com
👨🏻💻 CRYPTOCAP:BTC UPDATE #BTC is trying to break its major resistance area of $72,000 to $73,000. It has been rejected multiple times from this area, and if it happens again, we could see the price drop back to its important support level of $68,000. However, ETF volume is increasing, which might help Bitcoin break through this resistance. - - - - - - - - -...
REVIEW BITCOIN After a life-long accumulation #BTC FINALLY looks ready for expansion! We got everything we desired: solid breakout of a bullish flag, multiple retests, and another breakout of a small wedge 🤯 The target is price discovery. Great time to hold #BTC IMO! #CRYPTOEASE BINANCE:BTCUSD
Hello dear friends, I hope you are doing well. It took a long time to identify the structure of this prolonged sideways movement. I watched many videos and referred to my notes, and this has been very helpful. The current wave structure in which Bitcoin is moving sideways is a flat pattern. This structure typically occurs in Wave 4 of Elliott Waves. What is a...
Hello dear traders. Good days. First of all thanks for your comments and support . BTCUSDT on monthly Gann Square could not able to broken Gann Square price level and with get support from the lower Gann Square Fan line and pass Bearish Gann Square phase it is ready to broken upward and move to the upper Gann Fan line and Gann Square Arc resistance. Small sharp...
BTCUSDT has recently formed a bullish flag pattern, indicating potential for a substantial price increase. The immediate target is set at $75,000 following three months of consolidation. However, traders are advised to maintain a stop-loss strategy to manage risks. BTCUSDT (1D Chart) Technical analysis BTCUSDT (1D Chart) Currently trading at $69600 Buy level:...
📊 BTC/USDT Technical Analysis by Cryptorphic 📊 As of June 3, 2024, BTC/USDT is showing promising signs of a potential breakout. The price action is currently testing the upper boundary of the bullish flag in weekly, with significant support levels around $62000. 🔍 Key Levels: - Support: $62,959.01 - Resistance: $69,001.80 (Current Price) The 200 EMA has acted...
BTC level of 69000 round level could be crucial there we have two condition on both sides but the down the side has more space to move and get more liquidity (4000-5000) whereas the upside has only 2000 pts space the favourable sides happens to be pullback and trade on reversal because once the price crossed above 69000 then soon after there will be...
OKX:BTCUSDT Long trading idea Probable fractal repetition of the previous scenario shown on the graph In this regard, a correction from the current 38% is likely. I place limit orders on spot in the order book at prices 48048 47074 47047 46064 45054 45045 44044 43043 43034 42042 42024 41041 41014 Average price 44044 Experimental trading idea Repetition...
Dear Traders, We are convening a discussion focused on #DEXEUSDT The Symmetrical Triangle Breakout Has Already Done ✅ So,I am Expecting a Bullish Move of 30% 🚀😉 #crypto #cryptocurrency #bitcoin #ethereum #blockchain #btc #cryptotrading #cryptonews #eth #cryptocurrencies #nft #bitcoinnews #bitcoins #trading #bitcoinmining #forex #binance #cryptoart...
BTC ~ 1M #BTC on Monthly Time Frame BITSTAMP:BTCUSD Looks very good. The retest of the support line has been successful. Our short term target is $80,000 Our long term target is +$100,000
ZIG has so many confluences to long from here. 1. Breakout from Head and Shoulders on 1D Time Frame done. 2. Market Structure is super bullish. 3. Higher Lows retest done. Now let us fly together on same boat.
Hi fellow traders, BTCUSD is ready to make a move higher from the blue box after completing flag correction in WXY formation. Target the 73579.45 level. Good luck and trade safe!
👋Hello Traders, Our 🖥️ AI system detected that there is an ICT Long setup in BTCUSDT for scalping. Please refer to the details Stop loss, FVG(Buy Zone),open for take profit. For more ideas, you are welcome to visit our profile in tradingview. Have a good day! Please give this post a like if you like this kind of simple idea, your feedback will bring our...
Bitcoin is holding little down trend resistance, but it is a matter of time to break it. It is possible to see little correction to 64.5k - 65k area. Closing candle above 74k is gonna be huge sign to go up. In the end we are going to see 91k or even higher. This could be final push and after that Bitcoin could ease down a little give some chance to altcoins to go...