Back in August we were first to discover and bring to you the 'March - October' effect (see chart below) on Bitcoin (BTCUSD), which is what every one is talking about now as we've started the month of October yesterday and the final quarter (Q4) of the year: As you can see, this is nothing more than a consolidation that the market tends to make within this...
On small time frames, Bitcoin is a bear. A liquidity pool has been swept but the price has not yet reached cheap ranges. Considering the bearishness of the substructure and the price not reaching the main support range, we expect such a movement from Bitcoin Closing a candle above the invalidation level will violate the analysis For risk management, please...
Market Context: AR has retraced to a significant area of support between $18.00 and $20.00, creating a favorable opportunity for a long trade. This setup looks promising if the support holds. Trade Setup: Entry: In the current $18.00 - $20.00 area of support. Take Profit: First target: $24.00 - $26.50 Second target: $32.00 - $35.00 Stop Loss: Around...
Our current outlook for Bitcoin suggests that, over the coming days, the asset may experience a short-term correction down to the key support level of $59,500. This level has previously acted as a significant zone of buying interest, and we anticipate it could serve as a strong foundation for Bitcoin to establish new upward momentum. Such a correction would allow...
Market Update: In the last few days, Bitcoin's price has dropped by more than 10%, following a rejection at the $67,000 level. BTC has now fallen to the critical support area at $61,000. Technical Outlook: The market is currently oversold, and there is potential for BTC to rise and test the next resistance level around $64,000. It is crucial that the $61,000...
Traditionally, October has been a very bullish month for Bitcoin. However, in its first few hours, this October brought Bitcoin a sharp sell-off of almost 9%. The largest cryptocurrency not only lost the important $65,000 mark within a few minutes, but also temporarily fell back towards $60,000. However, we do not expect this sell-off to end any time soon. After...
Hello Traders ! The Bitcoin price failed to break the resistance level (63412 - 65050). Currently, The price broke the Higher low (62340.00 - 62653.00). So, I expect a bearish move📉 _____________ TARGET: 58260.00🎯
Bitcoin has respected this falling channel since March 2024. Current price: 61,200 The support around 60500 is a very key area to watch. It is literally the on switch or the off switch for the bullish market! A break below this point will find supports around: 56k and finally 50k (very bearish) If price action remains above the 60k region then expect higher...
Hi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see, how the price trades inside the resistance zone, but later turned around and dropped to the support level, breaking the 64000 level. After this, the price tired to grow, but failed and in a short time declined below a support level, which coincided with the support zone and...
Bitcoin ( CRYPTOCAP:BTC ) faced a sharp drop on Tuesday as geopolitical tensions between Israel and Iran escalated, triggering a significant sell-off across the cryptocurrency market. Investors, seeking refuge in safer assets, moved towards bonds, gold, oil, and the US Dollar, leaving Bitcoin and altcoins under heavy selling pressure. Despite historically strong...
Hello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price a not long time ago rebounded from the support line and broke the support level, which is located inside the buyer zone (59600 - 59200). After this, the price rose a little more and then made a correction to the buyer zone, after which made a strong upward...
Hello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price entered to range, where it at once dropped to the support level, which coincided with the buyer zone and then rebounded up. In a short time later, BTC reached a resistance level, which coincided with the seller zone, and then turned around, after which it...
H1 - Bearish trend pattern Currently it looks like a pullback is happening. Until the two strong resistance zones hold I expect the price to move lower further after pullbacks.
Overview: The AMEX:SPY started the day with a large red candle, erasing all of Jerome Powell's optimism from his speech yesterday. Early in the session, before the Federal Reserve even released its report, the market was already sliding, triggered by more-than-expected job openings. Within the first 60 minutes of trading, all of last week's gains vanished....
(prodolzhenie prognoza po dominacii bitkoina 2023-2024) Proshlyj prognoz otrabotal prakticheski ideal'no, nemnogo promazal po vremeni (uskorilsya), nemnogo oshibsya s metodikoj raschyota dominacii (uchyol al'tkoiny - podrobno v obnovleniyah na proshlom prognoze po dominacii). Odnako v celom prognoz pravil'nyj! Nakaplivat' bitkoin bylo bolee pravil'nym resheniem...
hello guys. I have published about this pattern before, and now I am certain about this scenario! Key Observations: Broken symmetrical triangle Pattern: Bitcoin has broken out from a pattern, indicating a bullish reversal from the prior downward trend. Ascending Channel: After the breakout, BTC is moving within an ascending channel, showing the formation...
Descending Broadening Wedge Pattern Description: This is a bullish reversal pattern. As shown, the price of Bitcoin is testing the support line of the wedge, which typically suggests that a breakout to the upside might occur after the completion of the pattern. Potential Breakout: The chart indicates a potential breakout above the upper boundary (resistance line)...