Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (BTCUSDT 1D chart) It was created using the Trend-Based Fib Extension tool based on the candlestick of the selected point used when drawing the parallel channel. Therefore, from a short-term...
Bitcoin (BTCUSD) broke today below the $60000 market again for the first time since September 18. The first headlines are already hitting the market calling for more downside. We highly doubt that as no only has the priced formed the first Higher High on September 27 in 6 months, but more importantly the uptrend since the August 05 bottom is supported by a Higher...
Everyone is too busy focusing on the wrong Technicals. Fear and Greed, RSI, MACD, Stock Markets, etc. All of these are good tools but we have to remember a few things: 1. Zoom out (Bitcoin follows the same 4-year cycle every time... this time is NOT different) 2. Keep it Simple (I'm tired of messy charts, only put what you need for the current timeframe) 3....
Bitcoin is having a strong pullback today, turning the 1D technical outlook bearish (RSI = 40.457, MACD = -31.100, ADX = 28.196). This is no cause for concern as long as the 1W MA50 holds. In addition, every October after a Halving event has been the start of the Cycle rally and interestingly enough the top has always been formed 13-14 months after! This indicates...
A lot of notable traders are calling for Bitcoin to drop to 44k or even to around 20.5-21.5k towards an unfilled daily CME chart gap (see daily CME chart below). Before getting into my thoughts about whether or not we move up or down here, let's remind ourselves of some things: 1.) Bitcoin made its first new ATH back in March 2024, after closing right around the...
Trading Setup: A Trading Signal is seen in the BTCUSDT Bitcoin (Futures) (1h) Traders can open their Sell Trades NOW ⬇️ Sell now or sell on 61555.0 ⭕️SL @ 62400.0 🔵TP1 @ 59300.0 🔵TP2 @ 57900.0 🔵TP3 @ 55500.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands ...
I did a lot of research an analysis, but everything is pointing out to the upcoming rally across the crypto market. When looking at Total Market Cap, it is quite obvious that there is a huge bull flat. If I to trade TOTAL, this would be my setup, but this could only be the very beginning of a huge rally.
Almost positive we’ve seen the bottom for Bitcoin at this stage in the game. Inverted Head and Shoulders pattern on the daily. CRYPTOCAP:BTC waiting for the Golden Cross and daily close above the major resistance trendline ~$68k Everything we see from here on out is purely market manipulation, nothing more.
We should wait for Bitcoin's reaction after reaching the support range of 57000 to 58000. The importance of this support has a great impact on the short-term trend, and if the trend curve is broken, there is a possibility of seeing the range of 39,000 to 41,000. Share your opinion with me. Don't forget to boost and follow
I have noticed that there is a big discrepancy between the price of Bitcoin and MSTR. I haven't checked how the trading volumes compare, but my guess is that this arbitrage should have a noticable impact on increasing the Bitcoin price, until the prices of MSTR and Bitcoin find each other in the middle. The "Middle" is dependent on the price discrepancy and...
Something doesn't make sense here. Either people closer to the stocks know something about Bitcoin that we don't, or the market became extremely inefficient and there is a great opportunity for arbitrage. I am not sure how to execute this yet, maybe I leave something in the comments.
Bitcoin was precisely rejected from the weekly downtrend at the $66,000 level and moved towards the daily support at $60,000, where we had previously predicted strong support, and this scenario unfolded exactly as expected. Bitcoin found support at this level and has since rebounded upwards. Currently, the price is on the verge of breaking the daily resistance at...
Today we are at another important point in choosing the further direction of the market, I want to consider the picture that has been created. First of all, I want to note the opening levels of the quarter as a key trigger of the market at the end of the year. According to the cue, the quarterly candle opened above 62.5k, which is a signal to hold the trend above...
Bitcoin’s price could soon slip below the $60,000 mark following the latest U.S. Consumer Price Index (CPI) data, which showed inflation at 2.4% for September, slightly higher than market expectations of 2.3%. The hotter-than-anticipated inflation report has sparked concerns among investors, weighing on the broader crypto market and pushing Bitcoin ( CRYPTOCAP:BTC...
Bitcoin started to rise after the UAE exempted cryptocurrency transactions from Value Added Tax (VAT) . The UAE exempts crypto transactions from VAT starting November 15, aiming to attract more investments and solidify its position as a crypto hub. Bitcoin is currently moving near the Resistance zone($67,400-$65,000) , the Potential Reversal Zone(PRZ)...
Hello,Traders! BITCOIN is trading in a Local uptrend and the coin Is now retesting a local Horizontal support of 60k$ After a local correction move So as we are bullish biased we Will be expecting a further Move up from support Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Bitcoin is currently trading within a descending channel, which indicates a continuation of the bearish trend unless there is a breakout. There is a crucial resistance area around the $66,000 to $70,000 range. BTC may struggle to break above this level without strong bullish momentum. The chart shows a lower trendline acting as support, which is currently located...
This is the configuration of 4H Chart prior US CPI data result is announced. We had slight downside due to last night/ yesterday's Head & Shoulders Effect. Look at the latest Resistance and Support on the Fibs & the Descending Wedge.