Over the hour, for Bitcoin there is a pattern forming. Inverse head and shoulders and the full technical target of this pattern will be around $102,000, Bitcoin is now trying to break it with all its might… We wait and see..!
As for Bitcoin, we were able to achieve all the goals we talked about during the past months, so I congratulate everyone on their profits. The biggest goal remains, which is $150,000... taking into account that Bitcoin has not made the necessary correction yet, and as I indicated and confirmed in previous times, the main correction necessary to continue the rise for Bitcoin must be within the range of 30% to 35% at most, and this will give a strong push to achieve levels above $150,000...
#BTC #Write2Earn! So friends, all the goals we mentioned during the past months have been achieved, so I congratulate everyone on these profits, waiting for where the initial correction result will lead us, whether to the $78,000 level or will there be a strong drop to the $70,000 levels at the upper leg of the bullish flag pattern that was successfully broken and confirmed as a support line, but we did not reach its full technical goal, which is the $100,000 level...!
#BTC☀ Bitcoin price action at an important juncture through the pattern The bullish flag formed approximately 36 weeks ago and as we mentioned the full technical target will be $100,000, but the longer it takes to break the pattern upwards the more incomplete the full technical target will be, so the target is currently between $80,000 and $90,000 levels... The dangerous thing is if the price action of Bitcoin returns inside the pattern, because even the movement inside the pattern has the potential to drop to the $48,000 levels, which is the lowest level inside the bullish flag pattern channel…
Bitcoin on the weekly basis is trying to confirm the bullish breakout of the bullish flag pattern, and if this is successful, the full technical target will be, as we indicated several months ago, the $100,000 levels, but before that, the $70,000 area must be retested, and if this happens, we are on the right track… If we get back inside the bullish flag pattern, we are at risk of dropping to the $48,000 area which is the bottom for the bullish flag pattern…
<t-11/>#BTC☀ Bitcoin is trying to break out of the bullish flag pattern that has been going on for almost 34 weeks, but it is finding it very difficult to do so, so if it fails to break out, we are going to see the $47,000 levels, which represents the lower leg of the bullish flag pattern, and if Bitcoin fails to maintain this pattern, we are exposed to a collapse of Bitcoin and a drop to the $38,000 levels...
#Binance $BTC ..// Bitcoin movement over 4 hours forms a reverse head and shoulders pattern and the technical target will be the $64,000 levels, but first the $59,500 level must be broken and maintained as a support line for at least 48 hours… ..//As for the weekly range, the price movement of Bitcoin is still within the bullish flag pattern and the full technical target of the latter is the $110,000 level as we indicated during the article that was dated August 29th…
$BTC #BTC☀️ ..// Hello guys, in our last article on August 12, we said that if Bitcoin could maintain the $59,500 level as a support line, the expected technical target would be the $65,000 level, and this is what actually happened, but unfortunately we did not continue the rise and we are now in a horizontal sideways movement between the $58,000 levels and the $65,000 limit as a maximum… ..// On the weekly basis, we notice the formation of an important bullish pattern, which is the huge bullish flag pattern, and the technical target for it, for the current levels, will be $110,000 at most, and we will see these levels in the coming months if things are stable in the world.
$BTC #Binance ..// Hello, in our last article we said that losing the $59,500 level for more than 24 hours would lead to a drop to the $52,000 levels and then the $48,000 levels and this is what actually happened, but the drop only reached $49,000, and in general the Short deal was excellent frankly… ..//Now Bitcoin is trying to recover the $59,500 level to be an initial support line in order to return to the $65,000 levels, which is considered the key level for the strong upward movement…
$BTC #Binance ..//Hello, regarding yesterday’s article, we said that its technical target would be the $60,000 level, and just as the previous rise in the last pattern was with an increase of $2000, the pattern after it would also be with a decrease of $2000, meaning that the overall bearish target would lead us to the $58,000 levels. ..; Approximately 80% of this scenario occurred, with a drop to the $60,500 levels. I congratulate the friends who entered into a sell deal yesterday since we were at the $66,000 levels...
#Binance $BTC #BTC ../Hello, so, through the article that we published on July 16, we said that the full target for the bullish flag pattern would be the $68,000 level, and this is what actually happened and we were able to reach the $70,000 levels, which means that we exceeded the target by $2,000... ../ Regarding the daily range, there is a negative signal, unfortunately, but it is not certain, which is the double top pattern, which is considered a bearish pattern, and its technical target will be the $60,000 level, and just as the previous rise of the last pattern was with an increase of $2000, the pattern after it will also be with a decrease of $2000. $, meaning that the overall bearish target will lead us to the $58,000 levels, after which we will see the new historical rise and achieve the technical target of the ascending triangle pattern that we talked about several months ago, which is the $87,000 level...
$BTC #Binance ..//So, during the past days, Bitcoin broke the bullish flag pattern, for which the full technical target was the $68,000 level, but we were unable to achieve it and we only reached approximately the $65,000 level... ..//I previously said that maintaining the $59,500 level as a support line will lead us in the coming weeks to the $87,000 levels... ..//But on the other hand, Bitcoin will not be strongly bullish unless we break through the $65,000 levels...
$BTC #Binance ..//As I emphasized during the past months, losing the $59,500 level for Bitcoin would mean an inevitable decline to the $52,000 levels and then the $48,000 levels, and this is what is happening now...
..//Bitcoin will remain in danger as long as we do not recover the $59,500 level...
..//Bitcoin must recover the $59,500 level as soon as possible, even through two daily candles, meaning 48 hours. This is difficult, but not impossible...
Bitcoin movement update over 4 hours and daily range
#BTC☀ ..//In the previous article, which was dated June 28, we indicated the possibility of a rebound at the red line and a return to the top of the parallel channel and that the maximum rise that could be within the horizontal channel in the event of a rebound would be the $62,700 level, and if we break it we will be on a date with the $64,000 levels. $ This is what actually happened, but we did not reach the full goal of the rebound and only reached the levels of $63,800, but in general it was a successful deal after bouncing from the red line levels...
..//The price movement of Bitcoin once again forms a 4-hour double top pattern, which is a bearish pattern and the full technical target for this pattern is the $58,541 level..
..//In the previous article, which was dated June 26, we said, through analyzing the price movement over the course of one hour, that there is a double top pattern and that the full technical target will be the $59,500 level, but the decline was to the $60,600 level, but whatever the case, the deal is It was quite good, because the break occurred to the downside as we expected, and the decline was approximately around $700, which is not bad, especially over the course of one hour...
#Binance #BTC ..//Bitcoin time over the course of an hour forms a double top pattern and the entire target of the pattern is the $59,500 level, which is the most important level in Bitcoin that must be monitored. For those interested in entering into this rapid speculation, they must set a stop loss level in the range between $5,000 and $7,000. ..
..//Breaking the pattern has not yet been confirmed, so caution must be exercised, because the movement is still within the parallel channel pattern and the pattern could be canceled and we may rise to the $64,000 levels..
..//Bitcoin is trying to confirm the recovery of movement within the parallel channel after we lost it yesterday for a few hours..
..//Now the target for the upward break of the channel shrinks to the levels of 68,000$ after it was 74,700$ and then $72,000, because the longer the price movement continues within the channel, the more the upward target will shrink in the event that the channel is broken upward..
..//If we maintain the price movement within the channel, the initial target will be the level of 64,000$ during the next 12 hours..
..//If we lose the price movement and go down, this means losing the level of 59,500$ , and therefore the next bearish targets will be 52,000$ , then $48,000, with the possibility of a rebound from the $56,600 levels..
..//The most important thing that I have emphasized for weeks and I still emphasize is not to lose the level of 59.500$ for more than 24 hours..
..//Now we wait if Bitcoin can maintain the price movement within the channel, and if it can, we will reach the top of the channel at the level of $64,000, but if the opposite happens, the most likely scenario will be a drop to the levels of 56,000$ and then $52,000..
..//The article is not investment or financial advice..
#Binance #BTC☀ ..//Bitcoin is trying to confirm the recovery of movement within the parallel channel after we lost it yesterday for a few hours..
..//Now the target for the upward break of the channel shrinks to the levels of $68,000 after it was $74,700 and then $72,000, because the longer the price movement continues within the channel, the more the upward target will shrink in the event that the channel is broken upward..
..//As was expected, the downward target that we referred to in the June 21 article was achieved, and we said that the downward target from the double top pattern would be $61,343, and this is what actually happened, and we even went down to levels lower than it, which are the $60,000 levels, so I congratulate you. My friends who benefited from the previous analysis...
..//Now there is a strong struggle between the bears and the bulls, but neither of them can take the initiative in the market and each of them is waiting for the other’s reaction, and this is of course waiting for the opening of the American market...