Bitcoin price scenario I publish the analysis for bitcoin price scenario. Buyer/trader can buy at golden ratio Fibonacci (19,520-19,516). The supply of bitcoin price is at 30,500-30,600, then it will rise high to supply area, and next going to demand area at 11,000.
Bitcoinbusd
Spot Bull & Bear phases thanks to the USDT & USDC Dominance 🎯By using Technical Analysis on the USDT.D + USDC.D chart, compared to the Bitcoin chart, it becomes easy to spot Bull and Bear phases, let's have a look :
What we can see :
- Thanks to this parallel channel we can see that every time the USDT/C dominance reaches the top of the channel, Bitcoin starts a new Bull movement. And every time the USDT/C dominance chart reaches the bottom of the channel, Bitcoin starts a new Bear movement.
- As you can see, sometimes it did not reach the top or the bottom of the channel, BUT the Tenkan and the Kijun can give you the directions!
What we can expect :
- Next bull movement for Bitcoin is gonna happen once USDT/C dominance loses the Tenkan + Kijun and breaks the median line ! On the other hand Bitcoin must regain and close above its Tenkan.
- Always remember that Technical Analysis has its limits and the macroeconomic events must prevail over all analyzes, for any asset class! Ask Putin 🥲
Good luck traders, may the crypto be with you 🍀
FEEL FREE TO LEAVE A LIKE AND FOLLOW ⭐ H₿ CAPITAL ⭐
37K best buying target for ₿itcoin ?
Today H₿ Capital is analyzing ₿itcoin (BTC) based on a « 2 weeks » chart 📈
What we can see :
- Price could fall straight to our « Trend line of interest » (which coincides with a « Weekly » SSB flat - Ichimoku) if and only if buyers get exhausted during this dip.
- Bearish divergence on the RSI (we didn’t even touch the level 46,67 on the RSI), so there is still some rooms for more downsides.
Get prepared to buy at those levels :
37.000 / 37.500 $
IF YOU LIKE THIS POST, FEEL FREE TO LEAVE A LIKE AND FOLLOW H₿ Capital
MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
Bitcoin for the C wave to 38411$ or 34047$ on a WXYIf Bitcoin is not going higher this would be a possible scenario.
First C waves most probable retracement for a ZigZag are :
61.8% : 45322$
100% : 42546$
123% : 41000$
161% : 38412$
Nothing has been confirmed yet this can be a WXY, or WXYZ or ABCDE but if it's a WXY
you will find most possible targets in clear blue.
This idea of a WXY is coming from Analyse Crypto FR
King Bitcoin with a Message tomorrow to Elon Musk!W, 2W and M timeframes will close tomorrow (in 22 hours).
Right now it doesn't look pretty at all with this double top on the W and the double top on the 2W including a Shooting Star.
I will cover all this on my Youtube Channel tomorrow morning and afternoon. Just type Crypto Mercy and you will find my new Channel.
Right now we can see strong support between 40.5k and 41.8k a spot we are going to test very soon IMO. It might hold but my 1st buying zone will be around 32-33k.
We have the Weekly MA 21 around 27k who wait to be smash !!. Any question or comment are much appreciated !
Best to you !
