Hi folks today I'm prepared for you Bitcoin analytics. Some time ago price reached a resistance level, which coincided with the resistance zone, and even broke this level and entered to resistance area. Then BTC some time traded near the 63900 level and then made upward movement, after which at once corrected back to the 63900 level. Next, the price repeated...
Bitcoin (BTCUSD) is under heavy pressure lately, basically it has paused for the past 5 months the uptrend that started in late 2022. We have discovered a remarkable correlation with Gold (XAUUSD) and Russell 2000 (RUT) in the form of the GOLD/RUT ratio (blue trend-line). This correlation, which is a negative one (i.e. when BTC rises the GOLD/RUT ratio falls and...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 As per my last analysis, attached on the chart, BTC rejected the $50,000 support zone and surged by over 25%.
What's next?
Currently, BTC is hovering around a key rejection level and round number $60,000.
For the bulls to maintain control and push towards $70,000, a...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 After rejecting the $70,000 round number, BTC has been overall bearish trading within the falling channel marked in red.
Currently, BTC is hovering around the lower bound of the channel which is lining up perfectly with the $50,000 round number.
🏹 The highlighted blue...
BTC on the weekly chart is forming cup & handle pattern, indicating a bullish sentiment on a longer timeframe.
Near about 15th November'21, BTC started to plummet from the high of $70k to the low of $15,476 on 21th November'22 - Aproximately, BTC took the whole year to fall and pivoted from there to make another high of $73,777 on 11th March'24.
BTC has...
BTC/USDT is currently at a critical juncture, trading just above a crucial support level. A bounce from $58,000 could lead to retesting higher resistance levels, while a break below could result in further declines towards $52,408.76. Traders should watch for volume spikes and RSI signals to gauge market sentiment and potential reversal points.
Remember: This is...
In the Mar 2020 COVID crash, we had 3 distinct highs in a 259 days corrective phase 📉. Price crashed due to macro factors and seemingly broke bull market structure but it managed to find support at the 200W SMA.
A 399 days of expansion phase then began after CRYPTOCAP:BTC bottomed and a V-shaped recovery followed 📈. The duration of the expansion phase is about...
Hello! Today I talk about the current state of BTC, I expect a light upward trend in the short term followed by a long and slow bleed to around 40k for the next 6 months
Levels to watch for micro corrections.
Currently have a .236 wick.
.318 and .5 congruous with next areas of demand if support does not hold.
Key entry levels to watch in yellow horizontal lines.
RSI may reject MA (White Circle).
Keep an eye on this structure.
NFA
Do your own DD.
Come to your own conclusions.
All you need to know about next #BTC huge moves.
We can see the next BULLRUN dates. The highest points of BITCOIN in this market 2024/2026 and 2028th years
If we look at the chart from the bigger picture view, you can see that since the 2020 run up, we've just been consolidating in a range between $16k-73k.
Since price has tapped FWB:73K , we've been forming a series of lower highs and I think we're about to see a large move lower.
The price action doesn't look bullish at all. Originally I was open to the idea...
see and watch :)
After a long correction and a big GAP and consecutive red candles, the price finally hit a very good green candle and gave a buy signal... There is a possibility of forming a CUP pattern and reaching a price ceiling...
see and watch :)
It is in a very good support range and has had a very good reaction... It seems that it will move towards the price ceiling from this range...
see and watch :)
After reacting to the support range, the price is now at the bottom of the channel and it seems that it will move towards the top of the channel in the coming days and the story continues...
The price is rising towards the pivot which has been identified as a pullback resistance and could reverse to the 1st support.
Pivot: 63,306.68
1st Support: 59,404.42
1st Resistance: 67,571.87
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may...
Hello Traders,
In this video, I dive deep into the current market landscape, focusing on several key aspects that are crucial for developing our trading strategies. First, we'll discuss the CME Gap and explore how this gap might influence market movements.
Next, we take a closer look at the trend direction and analyze how it has evolved in recent days and what...
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BTC is breaking out from the ascending triangle pattern in 1hr time frame. We have an important resistance at the $60kk-$62k level. Once we break and close above this resistance level, expecting it to hit $70k soon.
What are your thoughts on BTC's current price...
Bitcoin has broken its downward trendline in the 1-hour timeframe, indicating a relative return of buyer strength. This breakout could lead to liquidity accumulation at higher levels.
Potential Scenarios:
Rise to Around $61,000:
After breaking the downward trendline, Bitcoin might move towards the $61,000 range. This level could act as a liquidity...
