Bitcoin is rebounding today aggressively on the 1D MA50, being only neutral on its 1D technical outlook (RSI = 52.075, MACD = 23.455, ADX = 23.455), indicating that the upside potential is tremendous. One correlating asset in particular is showing that an insane rally is about to start, and that's the USDT Dominance. It is about to make a bearish reversal which on...
From the previous published chart and meme. BTC sideways macro move chose to reach near $63.3K Yesterday's screen shot is available here: x.com
diamond, given the figure of benefits should be up, the sideways will tighten and maximize liquidity. A good pattern to allocate funds on hayahs, and after that again a set of positions at the bottom of the diamante. Plus minus the diamond stretches for 333 days. It is worth considering the potential for a false breakout and then a sharp roll in, so those who...
Hey, traders! Artem here with another Bitcoin update. Let's dive into the 4-hour chart and explore the recent price action to see what’s been happening since last week. Bitcoin has broken through key levels , hitting a new high of $66,566 last Friday , and this could signal a potential uptrend . But is it all bullish, or should we watch out for a...
The 60,000 range is a good support for Bitcoin to go back up. If the price moves up from this area, it is likely that the Sharpe growth is expected by the market. But we have another important support in the range of 58000, which reaches the trend curve at the same time. In this area, we reach oversold in the daily time, which increases the desire to buy bits. In...
Btc can up to 61k then reform and up to 62k , 64k beware stophunt til 59K
Overview: Unemployment dropped to 4.1%, slightly lower than the expected 4.2%. September’s jobs report revealed a 254k increase in hiring, well above the forecasted 150k. This means there's now a reduced chance of a double basis point rate cut in November, which is bad news for risk-on assets like crypto. The CME tool now shows a 92.5% chance for a single basis...
load up on sells if u can BCS its about to go down I'll show you lower time frames 15m 1m entry
Market Update: Bitcoin is trending down from its March highs, holding support for now but showing signs that it could revisit lower levels. Technical Outlook: A key level to watch is $55,800, which aligns with the rising trend. This level could serve as a critical point for BTC's next move. #Bitcoin #BTC #CryptoUpdate #PriceAction #SupportLevels #TechnicalAnalysis
Hi guys, this is my overview for BTCSDUT, feel free to check it and write your feedback in comments👊 Some time ago price entered to falling channel, where it declined to support line, breaking $63900 level. BTC rose to resistance line and bounced down, breaking $57200 level, but then price started to grow in another channel. In rising channel, BTC broke $57200...
Hello TradingView Family / Fellow Traders. This is Richard. 🗒 Do you remember this post from 2023? As mentioned back then, BTC was forming Pattern 4, which was activated after breaking above the falling green channel, leading to a surge of over 200%. So, according to the educational post, where are we now⁉️ 🔑A falling correction after a bullish impulse...
Bitcoin's (BTCUSD) full Cycle since the November 2021 High can be illustrated as nothing more than a Cup and Handle (C&H) pattern with the Channel Down since March 2024 being the Handle of the formation. Simple yet a technical reality, the Handle found support both in early August and September on the 1W MA50 (blue trend-line), keeping the bullish trend valid. In...
Descending Channel Pattern: The price is trading within a descending channel. The upper boundary (resistance) and lower boundary (support) are clearly defined. Descending channels typically indicate a bearish trend, but if the price breaks out of the channel, it could signal a trend reversal. Possible Breakout to the Upside: The chart highlights the...
Due to the supply of Bitcoin liquidity in the support area of the previous day and the downward range within which it is located, we are still in the bearish market structure in the 4-hour and 1-hour time frames, and it is possible to enter a sell position with confirmation in the specified areas, and this confirmation can be taken in the time frame of 5 minutes...
Q4 halving year needs to be studied, I expect bitcoin to remain strong while BTC.D finds it top this Q, I expect that the BTC.D will start topping this Q and from that point on leading to money flowing to ALTs instead of flowing to BITCOIN which has been the case since this cycles bottom in NOV 2022. This post is mainly for myself to look back on. I have...
The BTC/USDT 1-day chart shows a crucial confluence area, with the 50-day moving average (5OMA) acting as support. Here is a detailed analysis: The resistance area is a strong horizontal resistance area marked in red between $66,000 and $72,000. This area has historically been a supply zone where sellers emerge. Bitcoin is currently holding above the 50-day...
If the break out from this bull flag will happen in this month I expect a retracement to the middle fo the flag (more or less 58K or a bit lower) and then a pump toward the break out. DXY is going up but so BTC.D as you can see here: I always expected BTC dominance to reach 60%, this could in part lead to BTC price going up as I don't think all the money would...
M2 Money supply Vs BTC Heres the M2 money supply plotted against BTC. As you can see, as US liquidity increases, risk on assets such as BTC increase due to increased liquidity going into risk on assets and markets. M2 Money supply starting to increase again here and curve up after 942 days of sideways/correctionary movement. As M2 supply increases, im...