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Bitcoin movement update on daily and weekly basis
#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 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…
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Bitcoin Weekly Movement Update
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…
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…
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Bitcoin Weekly Movement Update
<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...
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...
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Bitcoin 4-hour and weekly range update
#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
..// 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…
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Bitcoin Weekly Price Action Update
$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☀️
..// 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.
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Bitcoin price action update over 4 hours
$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…
#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…
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Update Bitcoin movement on a daily basis
$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
..//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...
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Update Bitcoin movement on a daily basis
#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
#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...
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Update Bitcoin movement on a daily basis
$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...
#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...
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Bitcoin movement update after the strong decline
$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...
#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...
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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...
..//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...
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Bitcoin movement update over 4 hours
#Binance
#BTC
..//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...
#BTC
..//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...
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Bitcoin updates around the clock
#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..
#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 $64,000 levels..
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..//Bitcoin is trying to confirm the recovery of movement within the parallel channel after we lost it yesterday for a few hours..
..//Now the target for the upward break of the channel shrinks to the levels of 68,000$ 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 $52,000..
..//The article is not investment or financial advice..
..// good luck for everbody..
..//Now the target for the upward break of the channel shrinks to the levels of 68,000$ 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..
..// good luck for everbody..
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Update Bitcoin movement on a daily basis
#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..
#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..
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Update Bitcoin movement on a daily basis
#Binance
#BTC☀️
..//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...
#BTC☀️
..//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...
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Update Bitcoin movement on a daily basis
#Binance
#BTC☀
..// Regarding the movement of Bitcoin on the daily term, the price movement formed a bullish flag pattern and its technical target is the same target that we previously set two months ago from now when we broke the ascending triangle pattern, which is the $74,700 level, with the maximum target that is greater than the $87,000 levels. ...
..//During the last days, Bitcoin price movement formed a double top pattern, which is a bearish pattern, and the full technical target for this pattern is the $61,343 level, and we can see this level soon, but there is no need to worry as long as Bitcoin is greater than the $59,500 level...
#BTC☀
..// Regarding the movement of Bitcoin on the daily term, the price movement formed a bullish flag pattern and its technical target is the same target that we previously set two months ago from now when we broke the ascending triangle pattern, which is the $74,700 level, with the maximum target that is greater than the $87,000 levels. ...
..//During the last days, Bitcoin price movement formed a double top pattern, which is a bearish pattern, and the full technical target for this pattern is the $61,343 level, and we can see this level soon, but there is no need to worry as long as Bitcoin is greater than the $59,500 level...
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Bitcoin movement update over 4 hours and daily range
#Binance
#BTC
..// I previously mentioned in the article on June 3 that the expected target of breaking the consistent triangle pattern will be above the $74,700 levels, with the possibility of a sideways movement that may continue for days, and this is what is happening now and we are seeing this sideways movement and it has become very boring. But this was expected, as I expected, waiting for a strong rise in alternative currencies and their joining with Bitcoin...
#BTC
..// I previously mentioned in the article on June 3 that the expected target of breaking the consistent triangle pattern will be above the $74,700 levels, with the possibility of a sideways movement that may continue for days, and this is what is happening now and we are seeing this sideways movement and it has become very boring. But this was expected, as I expected, waiting for a strong rise in alternative currencies and their joining with Bitcoin...
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Bitcoin movement update over 4 hours
#BTC
Unfortunately, the upward break of the compatible triangle pattern has not been confirmed, so I always advise making sure that the break is real and not imaginary. However, we were able to achieve some profits from this imaginary movement, and it is hoped that the movement will be achieved completely, as was shown in the red circle...
..//Now the movement has returned within the compatible triangle pattern, and the previous analysis remains the same. If the break is to the upside, we will be able to rise to more than the $74,000 level, but if the break is to the downside, the target will be the $61,000 levels...
Unfortunately, the upward break of the compatible triangle pattern has not been confirmed, so I always advise making sure that the break is real and not imaginary. However, we were able to achieve some profits from this imaginary movement, and it is hoped that the movement will be achieved completely, as was shown in the red circle...
..//Now the movement has returned within the compatible triangle pattern, and the previous analysis remains the same. If the break is to the upside, we will be able to rise to more than the $74,000 level, but if the break is to the downside, the target will be the $61,000 levels...
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Bitcoin movement update over 4 hours and daily range
#Binance
#BTC☀
..//As I mentioned previously 3 days ago, regarding the 4-hour range, I said that there is a possibility of the existence of a compatible triangle pattern, and in this pattern it is not possible to predict what the break will be like. If the break is to the upside, the technical target will be the $74,738 level, and if the break is To the downside, the target will be $61,811, and Bitcoin is now trying to break the pattern upward, but we must make sure that the break is real. The break has been confirmed on the 5-minute time frame, but this is not enough. We must see confirmation at least in the 1-hour time frame. The possibility of returning within the pattern still exists...
#BTC☀
..//As I mentioned previously 3 days ago, regarding the 4-hour range, I said that there is a possibility of the existence of a compatible triangle pattern, and in this pattern it is not possible to predict what the break will be like. If the break is to the upside, the technical target will be the $74,738 level, and if the break is To the downside, the target will be $61,811, and Bitcoin is now trying to break the pattern upward, but we must make sure that the break is real. The break has been confirmed on the 5-minute time frame, but this is not enough. We must see confirmation at least in the 1-hour time frame. The possibility of returning within the pattern still exists...
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