Chartino

Chartino

Bitcoin has not found any support since the end of last week and the start of the new week, and investors have been unable to maintain the previous ranges no matter what they do. If the trend continues like this, it will probably fall to the psychological bottom of $90 and maybe even $88,000, which will not happen to Trump, who has been talking about supporting...

Chartino

After moving in the descending channel and reaching the support level of 98,000, Bitcoin started to form a flag pattern, and after breaking the channel ceiling, with several pullbacks, I expect it to first reach the 110,000 range, which is the flag bar, or double it, i.e. the 112,000 range, which is not far off! Because it has easily touched 110,000 once!

Chartino

On the daily chart of Bitcoin, in my opinion, a head and shoulders pattern is forming that overlaps with Elliott waves. With this hypothesis; if the support at 90,000 is broken, a fall to the $68,000 range cannot be ignored. All these assumptions are if there is no fundamental support, in which case, all these predictions will be negated! Vahid Vakil

Chartino

Bitcoin hit a record high of $106,533, fueled by speculation about a U.S. bitcoin reserve. It has surged over 50% since November 5, with a market cap surpassing $3.8 trillion and a 136% rise in 2024. Bitcoin reached a record high above $107,000. MicroStrategy purchased 15,350 BTC, now holding 439,000 BTC valued over $46 billion. Riot acquired 667 BTC, raising its...

Chartino

Bitcoin hit a record high of $106,533, fueled by speculation about a U.S. bitcoin reserve. It has surged over 50% since November 5, with a market cap surpassing $3.8 trillion and a 136% rise in 2024. Bitcoin reached a record high above $107,000. MicroStrategy purchased 15,350 BTC, now holding 439,000 BTC valued over $46 billion. Riot acquired 667 BTC, raising its...

Chartino

First of all, I am glad that my previous prediction was correct. Now, when I look at the chart, you can see the Elliott waves, you can see the movement of the fifth wave both in the larger time frame and the movement of the fifth wave in a part of the same wave, in the smaller wave! Considering this, we can expect that there are two options ahead: 1- a move to the...

Chartino

Bitcoin has stabilized itself at this price this week by making a solid bottom in the $100,000 range and will not decline until Trump takes office. However, if this is a flag pattern, it will have a move to the 99 range and after breaking the 101 resistance, it will go to the next high of 104. Of course, from here on out, only fundamentals will help it in this move!

Chartino

After a week of zigzag movement in Elliott wave 4, which is familiar to us, Bitcoin will reach its wave 5 with the last move in this period and will see the range of 106.0000. Of course, after that it will decide between two moves, either it will continue the level of wave 5 to the range of 112000 or it will enter the correction phase of Elliott wave A and will...

Chartino

This week, Bitcoin experienced some shocking moves. Interestingly, these moves are expected to continue until the new US administration takes office. It seems that these moves are forming a flag pattern on the hourly chart of Bitcoin, which is right in the trend of sinusoidal movements over time. I am waiting for it to break through the resistance of 96,000$ and...

Chartino

On the daily time frame, a head and shoulders structure is forming, which may not be true. But if confirmed, Bitcoin could decline to its previous level of $75,000. All these ideas depend on just one word, and that is Trump!

Chartino

Bitcoin started to make corrective moves since the end of last week. These moves were familiar to professional traders. This resistance was natural for this Sharpe growth. And now it seems that it has started its work and will start its growth after hitting the support area. While riding the wave, this symbol has also created a flag pattern that will indicate a...

Chartino

Very simple; Bitcoin next pivot is about 93500$. This is very short for amateurs traders but not for real traders.candle is in between fibonachi levels.

Chartino

Bitcoin broke many ceilings this week, and made pullbacks due to both fundamental and technical reasons, and again, I think it has formed a flag pattern that indicates a new ceiling in the range of 93,000.

Chartino

After the rapid movements of this week, Bitcoin is building a floor and the exit and entry of amateurs, I specialize in flag patterns, and if this pattern was in gold, we would definitely see at least a rise to the end of the flag height, the same in Bitcoin. I tested it, I think it will test the ceiling of 90/000 again

Chartino

It took liqudity below the Monday low,making a fake breakout of the support, then it made the impulse move upward. I expect the price to break the channel and move higher. My goal is the resistance zone around at 2050

Chartino

The resistance held the price two times. I think it might go down to retest the support level because it formed a long-tailed bar at resistance, which is a sign of level rejection My goal is the support level at 2023

Chartino

On the lower timeframe, the price action formed a double top. It suggests we might see a rebound and a bearish move. If the market breaks through this resistance zone, the next opportunity is going to be at the 2080 level. My goal is the support level of around 2061.740

Chartino

The price has reached the strong resistance zone and bounced off it. XAUUSD has pulled back from this level before. The price formed a potential fake breakout of the resistance on the daily timeframe. We have a long-tailed rejection bar. It closed below the 2070 key level. I think the market may pull back from the resistance and try to close below 2070 this...