BTC is currently making lower highs but taking support around the crucial level of $76600-78000.
Looking at the RSI, we can observe that the RSI has played out enough and screaming bullish divergence.
A sudden plummet might sweep all the liquidity and BTC can pivot to move towards its $100k level.
This correction is a bullish divergence in disguise.
Bitcoin is near the $80k area. After making a high of $109,588 on 20th January, BTC has shown weaken momentum and an indication of plummeting from the peak.
Bitcoin has recently broken its support of the sideways range of $89,427.
Due to global tension and overall economic turbulence, BTC is witnessing a fall.
As per experts, this is a failure of the bull run...
As of 25th Feb 2025, The Federal bank, on a monthly timeframe is heading towards its 50% fibonacci levels on monthly timeframe.
However, on daily and weekly timeframe, the stock might look bullish but the major timeframe is contrarian to both daily and weekly timeframe.
Disclaimer: I am an NISM XV Certified research analyst, I am not SEBI registered. Hence,...
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...
After a turmoil in the US and Japanese market, the ripple effect led the Indian markets to fall on an average 4% on Monday.
This crash has led to correction of an overvalued market, as per analysts.
The market seems to be at a decent valuation and investors who have missed the opportunity, might enter and join the bandwagon of India's growth story.
Let us look...
This is the daily timeframe chart of Nifty where Nifty50, and Indian index stayed in consolidation for almost and month, and now, after the breakout, it is ready to balloon as the recent candle (at the time of publishing this idea has formed a full strong green candle which indicates a positive momentum in the index.
However, any rally without corrections seems...
The Nifty is as seen on charts, have an unclear structure, the two demand zones might push the price higher for a new high. If the market continues to struggle here, the price will fall to the next demand zone
note: the publisher is not sebi registered, the levels mentioned in the idea published is just to help you create your own views, please don't trade exactly the same way I do.
