Bitcoin Technical Analysis: Key Levels Breakdown In this analysis, we see a scenario where Bitcoin might move down first to clear specific liquidity levels, which could generate the necessary buying power to fuel a larger upward movement later. Below, I've clearly defined both the liquidity zones and the support/resistance levels, each serving different but...
In my previous post I talked about a potential head & shoulder forming. Now, a while later, it shows that it is actually following the idea. This could be a big indicator that the market is done with accumulating and making itself ready for a good old pump. Loading....
A lot of people expect just a pump from here while we are still in fear area. Looks logical to me that we first need a decent shake-out, so we gain enough liquidity to fuel the real kick-off. Let me know what you think
Currently, Bitcoin's price is hovering around a strong support level in the short term, and we're seeing early signs of a potential reversal pattern, possibly forming a macro (inverted) head-and-shoulders setup. Based on other technical indicators, this region between $47k and GETTEX:54K is likely to attract significant buying interest, positioning it as a key...
4h: Bullish divergence Bullish candle close 4h & 1d stoch rsi bullish cross forming Relative strong resistance at white area Expect some upward correction