Bitcoin, the top cryptocurrency, dropped from nearly $38,000 last week to under $36,550, a 1% decrease. This happened after a month-long 30% rise, sparking talks of a positive trend.
Even though it hit $35,100 today, the crypto market mostly kept its gains from the surge, hinting at possible more growth and less calmness.
Last week, Bitcoin reached $37,800 due to...
Hi All,
Here a new analysis.
I like THETA for many reasons: Team, Vision, Fundamuntals and especially, its Technical Graph .
I think we have already did a bottom and it's time to refill my bags again. I expect a beautifull ROI during the next year, as everyone!
We can see on the graph that we're drawing the last wave, number 5 in blue color. This is this wave...
Frax is squeezing below the trendline and should break it in 1-2 weeks. Additionally, the mod of the triangle becomes a support for this altcoins.
💥the pump will be huge because its fresh altcoins with a huge growth potential.
It hasn't pump before, so it gives us additional confidence that this altcoin will show its potential during the bull market.
like❤️ and...
CRYPTOCAP:BTC Bitcoin price action has formed a flag... Is it bullish or Bearish?
Current Price: $37, 250
Price action needs to break out of flag for higher prices up to 40k. (38300, 40,900)
Else price action will retrace to retest former supports (35600, 33900).
Which will it be $bitcoin?
Hello everyone, let's take a look at the BTC to USDT chart on a one hour time frame. As you can see, the price is struggling to stay in the local horizontal trend channel.
After unfolding the trend based fib extension grid, you can see a support zone just below the side trend channel from $26,113 to $35,711, and further decline may stop the support at...
The pattern on Bitcoin is really similar to Ethereum, which I outline in a recent call:
Ethereum - A Sucker's Rally Before The Bitter Winter
The difference between Bitcoin and Ethereum is ETH has more than 50% upside available to hit its similarly-placed goalposts, while BTC is just another ~30%.
Fundamentally, the problem for crypto bulls is that the 2021...
CRYPTOCAP:BTC Dominance!! Pay Attention...
Currently in a Descending Triangle at 53.8%
Every time #btc dominance reaches the angled resistance of the trendline, it rejects!
Will the same this happen?
CRYPTOCAP:BTC dominance has been on a rise since Nov 2022 till now... this has accounted for the rise in the price of Bitcoin!
If Trendline is rejects, ALTCOIN...
Certainly, here's a detailed analysis:
📊 **BTC/USDT Pre-CPI Analysis:**
- **Anticipating CPI Influence:** If CPI data falls below 3.3%, a potential market rise is expected in BTC/USDT.
- **Key Levels:** Identified downside points at 34192.94 and 31460.65, while upward trends noted at 38417.99 and 41933.98.
📈 **Post-CPI Trading Strategy:**
- **Trade...
Is this the moment we’ve all been waiting for? Is the crypto spring back?
We’ll have to wait a bit for a few more confirmations before we get that answer, but things are starting to look bright and one thing is certain: something is about to happen pretty soon!
We chose ETH for a technical analysis instead of the almighty Bitcoin because in terms of structure...
After hitting nearly $38,000 last Thursday, a questionable relationship between the rising price of Bitcoin and decreasing volume continues to develop. In addition to that, the data obtained from LookIntoBitcoin reveals the number of Bitcoin addresses with balances exceeding 100 BTC dropped from 16,029 to 15,966 between 8th November and 13th November 2023, marking...
Hello TradingView Family / Fellow Traders,
📈 Following the rejection of the 25,000 support, BTC experienced a significant 50% surge , forming another bullish impulse that confirms the ongoing upward trend.
Consequently, we've identified and outlined a rising channel in orange.
BTC is currently approaching the upper boundary of the orange channel, coinciding...
Render and alot of alts looking toppy here but with serious upside potential should Legacy Hold.
Look to Spy for Signal.
Long Term Bullish
Scalpers Short.
Bitcoin has established an upward-trending channel, indicating bullish momentum. However, there is potential for a reversal as the upper boundary of the channel could serve as a resistance on the daily timeframe. The anticipated pullback is expected to test levels in proximity to $30,000.
Demand Zone Formation: WLDBTC has formed a robust demand zone around 4653 sats, signaling a powerful support level.
Wedge Pattern Breakout: Recent price action confirms a wedge pattern breakout, and now, a significant corrective move down is taking place.
A Buyer's Paradise: This price correction presents an enticing opportunity for buyers. The risk/reward...
Whoever is shorting crypto right now probably has a death wish. And this isn't because there's going to be some new paradigm replacement of the USD or because institutions finally see the value of digital currency BECAUSE BLACKROCK ETF.
It's because Bitcoin, Ethereum, and all the other chains are going to zero, because they're in the way of the advent of Central...
