#Bitcoin📷 Bitcoin's weekly candle closed below 67K,which is not a good sign. We are now below a critical resistance level. What are your views on this? CRYPTOCAP:BTC BINANCE:BTCUSDT BITSTAMP:BTCUSD #BTC
Welcome to this extensive analysis of Bitcoin. Bitcoin is poised for a major breakout. If it surpasses the FWB:67K level, we could see $100k by the end of the year. This is Scenario 1, as depicted in the chart. All the fundamentals align with the technicals, and the crypto community is increasingly bullish. Logic suggests we could be on the cusp of a...
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The general trend is upward, but according to the structure of a TB position
#bitcoin has been proceeding in ascending channel. 2 divergences occured while #btc moves in LTF: 1- Hidden bullish RSI divergence (Green) 2- Regular bearish RSI divergence (Red) Hidden divergence has been playing out after the bounce from ichimoku cloud and continuation is expected till the price reaches 69K or may be even 71K. Also there're great liquidations in...
Bitcoin is an invention designed to grow forever as long as we live. If you see the same vision, don't forget to support the analysis. I'm releasing UPDATE2 earlier than planned because today the channel reached *666* followers. The analysis is set for long-term updating. It doesn't matter if the price is 70k or 50k as long as you see the big picture. The world...
The recent completion of Bitcoin’s halving has brought excitement among market watchers about what’s coming next. The focus shifts to the altcoin market, which many anticipate will experience significant growth. Renowned crypto analyst Robert Mercer notes that Bitcoin’s dominance is nearing a peak, suggesting the start of an altcoin season.
Cryptocurrency markets experienced a brief pause in the altcoin recovery over the weekend as Bitcoin (BTC) faced resistance at the $67,500 mark. Bitcoin saw a minor decline of 0.2%, while Solana (SOL), the fifth-largest cryptocurrency, dropped over 2% to trade at $169. Despite this dip, investors view it as an opportunity for a rebound, especially considering the...
As seen on the chart, bearish hidden divergence is waiting to play out. If #bitcoin #btc price reclaims 71K with several daily closings, this divergence will be invalidated. Not financial advice.
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...
Bitcoin is keep pumping as i was expecting in my previous idea. I think it will keep on pumping at least till the resistance area around $71.000. Here we could probably see a fast pullback around $65.000 again, but my main target for this year is above $75.000
I find it hard to be bullish on bitcoin when volume has been so low for so long. If volume continues to mean something like it always used to, it's likely that prices will go lower, before they climb again to newer highs.
As shown on this chart (28 Feb- 12 May), the market is in a sideways trend (clumsy indecision). Can't say that it annoys (to be honest) but, I can trust a thief to steal my car because he knows his job well, knows what he wants to do :) Indecision kills! What to do when you don't know what to do 1- Control Your emotions ;) 2- Nothing goes straight up...
#BTC is on the move to break above the FWB:65K resistance. If the daily close is above FWB:65K then $70k is likely possible. Let's see how it goes. #BitcoinPostHalving
The 11 spot Bitcoin exchange traded funds (ETFs) approved in the US four months ago posted five days of consecutive inflows last week. Net inflows into the competing ETFs issued in Hong Kong three weeks ago have, however, been below expectations – a mere $228 million. In comparison, the US ETFs recorded inflows of $221 million on Friday, May 17, alone. The...
Bitcoin opted for the most positive scenario in my previous idea. It represented the most favorable outcome, so I am also hopeful that this is what will unfold. There is a significant liquidation heatmap of + SEED_TVCODER77_ETHBTCDATA:1B at $67,500. Since the bulls have already managed to pump to GETTEX:64K , it would be a shame to miss this opportunity to...
This week, we bring you a roundup of significant events in the cryptocurrency world. Last week’s anticipation of US inflation data causing volatility was realized, pushing Bitcoin up by 10% to $67,000. With such movements in the backdrop, what can investors expect in the coming week? COINBASE:BTCUSD
The past week has been highly optimistic for cryptocurrencies after a prolonged period of uncertainty. Despite the high Producer Price Index (PPI) data, April’s low inflation report in the United States has given risk markets a much-needed boost. The fear of additional interest rate hikes by the Federal Reserve has subsided, allowing markets to breathe easier....