#BTC/USDT Urgent Update!#BTC closed around $62,800, defying CT's expectations for a drop to $52,000.
Now, we'll see if it can close above the blue moving average and confirm this whole move as a deviation, a pattern Bitcoin often follows.
Otherwise, the doors to GETTEX:52K remain open, with this current move possibly being just a retest.
So we wait, patience is key!
Keep an eye on the weekly close!
Have a wonderful weekend!
#Crypto #Bitcoin
Do share your views in the comments section and hit the like button if you like it.
It keeps us motivated!
Thank you
#PEACE
BTCUSDTPERP
Bitcoin is Ready to ⚔️Attack⚔️ the Resistance zone🎉Hi guys, I hope that you have a great weekend .
💡Bitcoin failed to break the 🟢 Heavy Support zone($61,100-$58,700) 🟢 and 100_SMA(Daily) and created a 🐻 Bear Trap 🐻, one of the reasons for which was the release of the US employment rate .
🏃♂️ Bitcoin currently seems to have succeeded in breaking the upper line of the descending channe l and is moving in the 🔴 Resistance zone($65,650-$64,200) 🔴.
🔔I expect Bitcoin to rise at least to the upper 🔴 Resistance zone($65,650-$64,200) 🔴 and possibly to the 50_SMA(Daily) .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
I can be bearish or bullish but right now, i am bearish I was bullish before. but now I am bearish because the bottom point that needs to be protected is broken. There are two different scenarios, there is a liquidity below, if the price comes below that point, the decline will continue, but if the previous peaks I mentioned are broken, I can look bullish on the market, but I am currently bearish.
📊#BTC enters resistance zone⚠️➡️From the previous article I talked about the idea of the buy zone turning into a resistance zone and the idea of looking for shorting opportunities when the price comes near the downtrend resistance line.
🧠The price is now close to the area I described, so look for short signals here. If you hold long orders, you can reduce or close the position. Only after setting the risk-free position can you expect more.✔️
⚠️Note that if the price breaks through the inflection point, then the downward trend resistance line will end, and we will have the opportunity to break through PWH, which means that we will enter a more complex adjustment stage. Otherwise we will continue the downtrend until the weekly and daily level buy zones
⚠️Don’t forget risk management💯
✔️Trade safe✔️
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
🚨Bitcoin is Ready to Go Down again🚨✅ Bitcoin finally managed to break the 🟢 Heavy Support zone($61,100-$58,700) 🟢 and the lower line of the Descending Channel and 100_SMA(Daily) .
🏃♂️Bitcoin is currently pulling back into the 🟢 Heavy Support zone($61,100-$58,700) 🟢 and moving near the 🟡 Potential Reversal Zone(PRZ) 🟡.
😱The Fear and Greed Index entered the " Fear zone " again after more than 4 months .
🔔I expect Bitcoin to start going down again and at least to the 🟢 Support zone($57,050-$56,550) 🟢.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC ON THE WAY TO 56K WITH THIS TRENDThanks for reading this update.
BTC seems to enter an important breakdown trend where we expect that BTC has a high chance of falling to 56K, this can also happen unexpectedly with free fall volume as we have seen also before.
BTC IS IN OVERFLOW VOLUME TREND..
Remember. No way is going directly to trend, BTC will play all possible trends to go to the goal. The trend is your friend.
68133 is a key level and same time a breakdown level for new volume which will make the trend decrease below. The end low time frame can change with time up, and we will update it.
Our data shows us that the possibility that BTC will break down is high.
BTC has been since OCT 2023 in a cycle trend that can end at 54K or with time higher, since data change.
Not only BTC but also the stock markets are in overflow volume, which could break down soon.
THE ETF hype will end as the most hypes did end. The same as the stock market where ETF becomes a normal trend.
We did follow more cycle trends also the starting cycle from 26K, and the last update from below 42K to ATH. click the update for more data
The overflow volume can increase btc more, but when it's time a correction starts, this can become a high correction. we expect BTC has a high chance to return 56K, then the idea it's going to 100K. Never in history of BTC there was no correction after high volume.
Manage in all time the risk, since there is nothing called only uptrend.
This update is not trading advice.
(BTCUSD) needs positive momentumThe largest cryptocurrency in the world recorded its highest levels ever
Expected scenario: continuation of the upward trend
Bitcoin (BTCUSD) price trading stabilizes around the 70200 level after the rise it witnessed yesterday, and we notice that the Stochastic indicator is showing negative signs that hinder the price’s mission to continue rising, waiting to gather positive momentum that will contribute to pushing the price to resume the upward wave that targets the 73700 level as the next main station.
We will continue to favor the upward trend for the coming period, relying on the positive effect of the previously completed double bottom pattern, while recalling the importance of stability above 68200 as a first condition for the continuation of the expected upward wave.
The largest cryptocurrency in the world recorded its highest levels ever
The prices of the digital currency "Bitcoin" fell during trading on Friday as part of a process of breathing and profit-taking, and under the pressure of the continued rise in the levels of the US dollar ahead of the release of important economic data from the United States.
The largest cryptocurrency in the world, “Bitcoin,” provided the best quarterly performance in a year during the first quarter of this year, and recorded earlier in March trading its highest levels ever, thanks to financial flows linked to funds traded on American stock exchanges.
Throughout the trading of the first quarter of this year, which officially ends at settlement today, next Sunday, Bitcoin prices have so far risen by more than 65%, on the verge of achieving the second quarterly gain in a row, and the largest quarterly gain since the first quarter of last year. .
On Thursday, March 14, the largest cryptocurrency in the world recorded its highest levels ever at $73,794, thanks to record flows into the market and successive regulatory approvals in most parts of the world, and after Micro Strategy announced the second largest A purchase you have been making since you started owning Bitcoin approximately four years ago
Bitcoin is Ready to ⚔️Attack⚔️ to Heavy Support zone🏃♂️ Bitcoin is moving near Support lines .
🌊According to the theory of Elliott waves , Bitcoin seems to have completed microwave 3 of the main wave 3 and is currently completing microwave 4 of the main wave 3 .
🔔I expect Bitcoin to start Going down from the 🔴 Resistance zone($62,940-$62,540) 🔴 and attack the 🟢 Heavy Support zone($61,100-$58,700) 🟢.
❗️⚠️Note⚠️❗️ : The lines of possible waves are hypothetical , and waves can be formed in other ways .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
⚠️Bitcoin Analysis (Mix of Patterns)⚠️👋Hi, everyone. First of all, I apologize for the chart being busy, but I think all the lines and zones are needed to better understand it.
🏃♂️Bitcoin is moving in two descending channels : a ⚫️Black Descending Channel⚫️ and a 🟣Purple Descending Channel🟣 . Also, it is currently moving in the 🔴 Resistance zone($66,050-$64,520) 🔴and near the Upper line of the descending channel and 50_SMA(Daily) and Time Reversal Zone(TRZ) .
📈If we want to look at the chart from the point of view of the Classical and Harmonic patterns , Bitcoin has succeeded in breaking the lower line of the Symmetrical Triangle Pattern , and it seems that a Bearish 5-0 Harmonic Pattern is forming near the upper line of the 🟣descending channel🟣.
💡Before concluding, let's take a look at the Market Cap USDT Dominance% (USDT.D%) chart.
💡 USDT.D% broke the 🔴 Resistance zone(4.72%-4.53%) 🔴 as I expected and is currently pulling back to this zone, the pullback structure seems to be forming with the Falling Wedge Pattern , I expect USDT.D% to rising again and this It will cause another decline in the cryptocurrency market .👇
🔔I expect Bitcoin to start falling again based on the above explanation.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
📊#BTC details view added📊🔔We eventually broke below the PML line and the buy zone turned into a resistance zone.
🧠From the graph, we can see that we are falling all the way following a zigzag pattern. The price is about to enter the buying zone on the daily and weekly lines. The strongest short-term support zone is 50636-52888. When the price reaches this zone, there should be good reaction.📈
➡️From a structural point of view, the double-top short structure has been established and it has fallen below the important buying zone, so the downward trend will be dominant in a short period of time. Look for shorting opportunities when the price rebounds again to the area where the downtrend line and the resistance zone overlap.📉
⚠️Don’t forget risk management💯
✔️Trade safe✔️
🤜If you like my analysis, please like 💖and share it💬
Bitcoin BTC price follows a familiar routeCurrently, crypto market users are divided into two camps:
1️⃣ - to the mooon with the first stop at 100k and 2️⃣ - the beginning of a correction to at least 50k.
Two ultra-radical camps that will find 101 reasons why it should be exactly as they "want and expect" and not otherwise.
On the #BTCUSDT chart, we have copied and displayed the fractal of #Bitcoin price behavior for May-October 2020. That is, how the CRYPTOCAP:BTC price behaved before and after the previous halving.
And this scenario is not bad: the #BTCUSD price is entering a prolonged consolidation phase at range $65,000-73,000 during the summer of 2024.
At this time, the capital of large funds will be able to partially and smoothly flow into crypto projects with a smaller capitalization.
What can this process provoke? That's right - the alt-season
Are you intrigued?) We are waiting for 50 likes and at least 10 comments from you, and then we will supplement the idea with the BTC.Dominance, USDT.D charts and the total crypto market capitalization chart which clearly show how this process can look like.
📊#BTC monthly view🧠➡️From the monthly chart, we can see that a large negative column has appeared, which indicates that adjustments at the daily and weekly levels have occurred. This shows that it will be difficult for us to reach new highs in the next 1-2 months.
➡️Therefore, we need to pay attention to buying opportunities when the price reaches the daily and weekly buy zones.👀
➡️We'd better wait for a rebound below PML before looking for new short-selling opportunities.👀
➡️Structurally, we can expect the formation of this cup-and-handle structure.📈
⚠️Don’t forget risk management💯
✔️Trade safe✔️
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
📊#BTC next possible development roadmap🧠As we approach the end of the month, the monthly candlestick may close with a negative candlestick, which is a less optimistic sign on the bullish side. It shows that it is difficult for us to reach new highs in a short period of time.
➡️So we will maintain two possibilities in the future:
First, we choose to continue to consolidate sideways, gradually compress the price to form a bull flag, and then choose to break through at the end of the flag.
Note that if our bullish defense level is broken, the likelihood of continuing sideways becomes less likely.
➡️Second, if we choose to fall directly below the bull defense point and continue downward, then we will focus on buying opportunities in the daily and weekly level buy zones.(50k-55k)
⚠️Don’t forget risk management💯
✔️Trade safe✔️
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
BTCUSD after halvingHi, welcome to my analysis,
Sorry it's been a while since I wrote an analysis due to the Eid al-Fitr holiday.
this time BTC dropped and formed a down channel, but we have a Fibonacci support area between 63546 to 62608
and if this Fibonacci support is broken, then the following support will be at level 60211.
The bullish target for BTC this time is in the range 70217 to 71625 or Fibonacci level 1,618 to channel resistance.
I will update this analysis if I find new keylevels.
Happy trading
20 hours left in Bitcoin halving, what do you expect?#Bitcoin Update
Bitcoin's price dropped quickly when news broke of a potential conflict between Israel and Iran. It nearly reached a support level but then started recovering fast. This shows that the market is optimistic, but we're still stuck in a price range, so it's best to wait for a breakout.
If the price stays above this support level, we can expect a bounce upwards. However, if it breaks below this level, we might see the price drop toward $50,000.
Currently, the 100-day Simple Moving Average (SMA) is acting as support, and this blue line is strong support, which is around 50k.
20 hours left in Bitcoin halving, what do you expect?
I'll continue to provide updates, so stay tuned for more information.
#Crypto #BitcoinHalving CRYPTOCAP:BTC $BTCUS BINANCE:BTCUSDT
🗺️Bitcoin Roadmap🗺️⏰(15_minute time frame)⏰🏃♂️ Bitcoin is moving near Potential Reversal Zone and Support lines .
🌊According to the theory of Elliott waves , Bitcoin seems to have succeeded in completing wave 5 .
💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys .
🔔 I expect Bitcoin to reach at least the 🎯Target🎯 I specified on the chart.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Rebound at the bottom of BTC boxHi friends, nice to meet you. I brought you a bitcoin answer sheet that you're really curious about
It is moving in the BOX pattern and drawing a little BEARISH EXTENDED WAVE.
If it break through wave, It will break through the next fallow image's short-term RED downtrend line and the upper zone and will go to the recent high, which is the end of the box's upper.
📊#BTC next structural evolution ideas🧠➡️From a structural point of view, we have had a good rebound after completing the goal of the double top structure, and there is also an expectation of a rebound after sweeping the liquidity pool. Therefore, there is an opportunity to build a head and shoulders structure near the buy zone and continue the upward trend. Note that this structure is established after a successful breakout of the inflection point.✔️
➡️From a wave theory perspective, it appears that we still have Wave 5 to complete, and if this scenario occurs, focus on buying opportunities near the major support lines. Note that if the head and shoulders structure is established, then this scenario will most likely not happen.⚠️
⚠️Don’t forget risk management💯
✔️Trade safe✔️
🤜If you like my analysis, please like 💖and share it💬
🚀Bitcoin Is Ready to Go Up Again🚀🎉Hi guys, I hope that you have a great weekend .
🏃♂️Bitcoin is moving near the 🟢 Support zone($63,370-$62,790) 🟢. Also, Bitcoin managed to break the Resistance lines and is currently completing the pullback .
🌊According to Elliott's wave theory , Bitcoin seems to have completed wave 3 and is currently completing wave 4 .
🔔I expect Bitcoin to rise to at least the Potential Reversal Zone and upper Resistance line .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🗺️Bitcoin Roadmap🗺️⏰(15-minute time frame)⏰🏃♂️Bitcoin is moving in the 🔴 Resistance zone($65,700-$64,500) 🔴.
🌊According to the theory of Elliott waves , Bitcoin seems to be completing the main wave 4 in the 15-minute time frame .
🔔I expect Bitcoin to Drop again and break the 🟢 Support zone($63,370-$62,790) 🟢.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Is Ready to Fall⏰(1-hour time frame)⏰🏃♂️Bitcoin is moving near the Resistance line , 50_SMA(Daily) , and slightly above the 🔴 Resistance zone($66,050-$64,520) 🔴.
🌊According to the theory of Elliott waves , Bitcoin seems to have succeeded in completing the Double Three Correction(WXY) .
📈From the point of view of Classical Technical Analysis , it seems that Bitcoin has managed to form a Symmetrical Triangle and Rising Wedge Patterns so that the lower line of the Rising Wedge Pattern is currently broken.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks .
🔔I expect Bitcoin to start falling after breaking the Support lines(weak) , at least until one of the Fibonacci lines .
💡To have a better view of Bitcoin , I suggest you look at the post below (4-hour time frame) .👇
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.