price has broken out and above this triangle pattern that we have marked up. -we could potentially see a retest which would be the safe bet to wait for -price action has alot of free volume to cover up if we see a rise up to the next resistance area. we have been seing some good fundamentals about bitcoin so lets see what happens and execute with a sharp mind...
Hello Traders Investors And Community, Welcome to this analysis about Bitcoin, we are looking at the 6-hour timeframe perspectives. Bitcoin recently made an important move above the 40.000 USD mark as bullish volatility increased besides I discovered further important things that will determine Bitcoins developments in the upcoming times. With the move above...
Hi, Welcome to this update-analysis about Bitcoin, we are looking at the 2-hour timeframe perspectives, the recent events, the established formational structures, and what are likely scenarios to expect within the upcoming times. Since the recent analysis Bitcoin managed to move on with the initial bullishness as expected and develop this main wave E to test...
Only a matter of time before $KSM moons. The parachain news will heat it up like the sun
Hi, Welcome to this analysis about BITCOIN, we are looking at the 2-hour timeframe perspectives. Bitcoin for a more or less long time is now mingling in this bottoming structure in which it firstly developed this triangle-formation and besides that now also as I discovered this descending-channel-formation with the wave-count within. It is likely that Bitcoin...
Bitcoin's price dropped on Friday morning after Elon Musk tweeted that he’s fallen out of love with the world's most popular cryptocurrency. With the hashtag #Bitcoin and a broken heart emoji, the billionaire Tesla CEO posted a joke about a couple breaking up over the male partner, referencing Linkin Park lyrics. The Bitcoin 2021 conference in Miami began today...
Hi, Welcome to this analysis about Bitcoin, we are looking at the 6-hour timeframe perspectives. Since the bearish breakdowns accelerated and moved into the 30000 USD level the bearishness has decreased and the trend slowed down with some interesting measurements so far. As I discovered Bitcoin is developing a significant descending-triangle-formation with the...
Hello,Traders! BTC-USD broke out of the bear pennant pattern And is now trading in a local bear flag pattern Which makes me bearish overall And I am expecting a move down To the nearest demand area Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Hi, Welcome to this analysis about Bitcoin, we are looking at the 45-minute timeframe perspectives. Bitcoin on the more global perspectives is still in this main decision-zone where it has a higher possibility for upside-breakout testing remaining upper resistances. Now on the local perspectives, I discovered this interesting inverse head-and-shoulder-formation...
Hi, Welcome to this analysis about Bitcoin, we are looking at the weekly timeframe perspectives. As already mentioned in the former analysis Bitcoin has this main triangle in the structure from where it has the ability to develop a sustainable breakout and continue with further bullish alignments however it should not in any case kept by side that Bitcoin has...
Hi, Welcome to this analysis about Bitcoin, we are looking at the 2-day timeframe perspectives. In times of erratic misleading twitter tweets and voices about regulation increasing it is necessary to elevate and see what is possible and what is not possible. Bitcoin as the last heavy breakdowns occurred entered an oversold condition from where an initial...
Hi, Welcome to this analysis about Bitcoin, we are looking at the 12-hour timeframe perspectives. Bitcoin in recent times is in a very decisive situation as it managed to initially bounce in the structure since the heavy bearish breakdowns to form this triangle-formation Bitcoin is trading above very important support which is the ascending-support-trend-line...
Hi, Welcome to this analysis about Bitcoin, we are looking at the hourly timeframe perspectives. As already mentioned previously Bitcoin developed this main triangle-formation with a likely upside breakout incoming besides that I discovered this more local structure now and Bitcoin is forming here this ascending-channel-formation in which it is testing this...
Hello,Traders! BITCOIN is trading in what seems to be a bearish pennant Which in itself makes me bearish on BTC Even though the current price action is move on the bullish side However, I think that a range between the two levels Of support 28-30k and resistance 40-43k Is more than possible at least for a while Which would give us a great opportunity to...
Hi, Welcome to this analysis about Bitcoin, we are looking at the 12-hour timeframe perspectives. Since Bitcoin in recent times has shown up with the high bearish volatility to the downside it has tested this major ascending-support-line marked in my chart in black from where it now initially bounced to the upside and is slowly building up. I mentioned already...
Hi, Welcome to this update-analysis about Bitcoin, we are looking at the 4-hour timeframe perspectives. Since the origin-analysis Bitcoin continued with the wave-count within the triangle formation and almost completed it with the finalization of wave E. Now Bitcoin is building up in the structure and recently already moved above this descending-trend-line...
According to statistics from itBit, PayPal's custodian, bitcoin volumes have set a new high of more than $300 million. Volumes increased from about $80 million per day to surpass the previous high of $240 million in January. Last week, bitcoin briefly surpassed $30,000, indicating that retail investors purchased the dip with bitcoin presently ranging. The Bank of...
Gold made a huge gain like ETH. We have seen a nearly parabolic rise with Gold, just as ETH did. For now I am waiting for a retest to go back to the "normal" price. The breakout form the bullish trend was really epic, and we managed to close half of our long position from 1750$ at the 1850$ level. Our 2nd target was at 1950$ but I had a feeling that we are ready...