Hello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price entered to the range, where it soon reached the 68300 resistance level, which coincided with the seller zone with the top part of the range and then started to decline. In a short time, the price fell to the bottom part of the range, which coincided...
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
Some time ago price reached resistance line, which coincided with resistance level, and at once bounced down.
Price fell to support area and then started to grow near support line, after which BTC rose back to $63800 level.
Next, price broke this level, entered...
Here is a chart of #BTCUSDT on the 12-hour timeframe.
At first glance, it looks nothing special: a prolonged consolidation on falling trading volumes, everything is natural and natural.
But tomorrow, at 15.05 at lunchtime with the close of the 12hr candlestick, everything can change.
Tomorrow is the announcement of the "fresh" US CPI rate.
Forecast: inflation...
Recent Price Movement: BTC has experienced a decline from $65,000 to $50,000 and is now consolidating around $55,000.
Support and Resistance: Key support is identified at $50,000 and resistance at $52,000.
Technical Indicators: The Relative Strength Index (RSI) is showing oversold conditions, and the Moving Average Convergence Divergence (MACD) is indicating a...
Bitcoin is at Key zone. Here my 2 best ideas for trade
I`ll take a long in a case of SL hunt
Short would be possible if price consolidate for several days and after squeeze down with OI rise
Last weeks high: $70,078.54
Last weeks low: $57,217.14
Midpoint: $63,647.84
Have we just witnessed capitulation after a week long slide in BITCOIN and crypto as a wholes price? -30% in 7 days, or is this part of a larger sell-off? Here are some of my thoughts:
- '21 ATH REJECTION - As I have said in many of my previous posts the '21 ATH @ $69,000 is a level...
The fall of Bitcoin in the last 3-4 days has shocked everyone, first, let's take a look at the reasons for this fall :
The publication of the US employment report and the increase in the unemployment rate to the highest level in the last 3 years .
Tensions in the Middle East , the possibility of a confrontation between Iran and Israel in the coming...
After the release of employment data last Friday, the Sahm rule was triggered and the FUD of recession swept through various financial assets. The stock market and BTC both suffered a very significant correction. But is this really the case?
After the employment data was released, BTC and US stocks were the first to react, with US stocks remaining volatile after...
Since the previous Bitcoin Impulse wave analysis got very long, here the subsequent analyses for Bitcoin Upward waves will be presented. Anyway, continuing from the last analysis; the correction started when Bitcoin touched the major channel's upper line and the horizontal resistance area (The chart of previous analysis is provided for reference in blow). There...
In this article, I present a detailed analysis of the potential correction phases for Bitcoin throughout the year 2024. Using advanced technical analysis tools and historical data, I've identified key levels and patterns that could indicate significant market movements.
Key Highlights:
Early 2024 Trends: Insights into the expected price movements in Q1,...
19-15k is a good opportunity for buying the dip and hold it for long term
as you see bitcoin and whole crypto market following the macro economy and even if you compare it companies like Meta or Alibaba you will understand how mature this market gets and how bright future it has. right now btc stuck at 18500 and 20300 channel which is a great signal for future...
Not the first time I show up this one,
So, we're still following this mega structure but with tinier scales
- Green ellipse : We can start this fractal from the approval of the BTC ETF that happened the 10th January
then BTC went ~20% down, followed by a ~100% move till the 10th March, 2 months ride
The same happened end august 2020, btc went ~20% down,...
Yesterday BTC traded briefly in the $50k range. This presented a buying opportunity for the brave when buying strength returned to push it above $52500. Enough volatility to make your head spin, but this is the nature of the BTC beat. Resistance at SWB:69K coming up.
In the previous analysis, we identified two liquidity pools on the chart, where we expected a drop in Bitcoin after one or both liquidity pools were swept.
But without sweeping these liquidity pools, Bitcoin dropped (probably due to the news of the escalation of the war in the Middle East).
Now, in our view, the purpose of this Bitcoin move is to touch SW L.
We...
It might seem like a shock for most that Chainlink had this big move down, but if you have spent a lot of time studying Chainlink's last cycle, you would know that this is business as usual.
The fact that Chainlink had this move has made me more bullish than ever. We are currently 64% down from March 2024. Crazy? I think not.
71%
71%
62%
44%
These are all the...
It might seem like a shock for most that Chainlink had this big move down, but if you have spent a lot of time studying Chainlink's last cycle, you would know that this is business as usual.
The fact that Chainlink had this move has made me more bullish than ever. We are currently 64% down from March 2024. Crazy? I think not.
71%
71%
62%
44%
These are all the...
Hello friends,
According to the previous analysis, the demand zone I had in mind for Bitcoin's return to the peak has been touched.
This is a good buying opportunity.
Analysis by Ahmadarz📊
Key Observations:
1. Support Zone:
- 🛡️ A significant support zone is marked around 48,987.22, which has been tested multiple times as indicated by the green arrows.
- 📈 The price has recently bounced from this support, suggesting strong buying interest in this area.
2. Resistance Levels:
- 🚧 Multiple resistance levels are...
