📉 Daily Bitcoin chart review 📈

So that I don't repeat yesterday's review, as nothing really changed, posting month chart with Bitcoin cycles. Still 1.5 day left till candle close and as it looks now it has uncertainty with slight bullish bias. But 1k drop can make it doji, and everything below it turn candle into red. So keep that in mind on Monday.

P.S. I still have full belief in my cycles chart and think we will see BTC at 32-40k in 2023 and making new ATH in 2025. But same chart tells me that bottom should be somewhere in between December and March, so the Moon mission is yet in plans.

🟥 20800 - 21350 - 21500
🟩 20300 - 20040 - 19750

😱 F&G: 34 < 34 < 30 < 32
💩 Alts: 14 < 14 < 12 < 12

Signals: 🔥 Alts Watchlist 💷 Forex 🐦 Twitter
Discounts: ByBit | Binance | FTX | KuCoin | PrimeXBT| BitGet | Delta | Gate | Huobi | MEXC

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📉 Daily Bitcoin chart review 📈

Today is the last day of month and I think the best thing to do is wait for its close before making any forecasts. At 4H Bitcoin has clear zone of interest at ~20.2-20.3k for ultra bullish bounce. And two other levels at 19750 and 19560 also support reversal with more consolidation ahead. Not necessary will get there today, but will get there sooner or later.

Don't forget about Feds Interest Rates decision on Wednesday - price might be retracing till then in order to meet forecasted increase in rates.

🟥 20650 - 20870 - 21088
🟩 20200 - 20040 - 19770

😱 F&G: 31 < 34 < 34 < 30
💩 Alts: 14 < 14 < 14 < 12

Signals: 🔥 Alts Watchlist 💷 Forex 🐦 Twitter
Discounts: ByBit | Binance | FTX | KuCoin | PrimeXBT| BitGet | Delta | Gate | Huobi | MEXC

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📉 Daily Bitcoin chart review 📈

Bitcoin dipped into 20.2-20.3k zone ✅

That dip created visible volume, but the bounce so far generates none. So either we will see volume spike on breakout above ~20720 (and acceptance above that level will be confirmation for bullish continuation), or volume will appear on second leg down to close fair value gaps below at ~19750 and ~19560 levels.

If you followed my review and entered at that dip you are in almost risk free trade with 2% unleveraged profit 👍

🟥 20720 - 20870 - 21088
🟩 20480 - 20040 - 19770

😱 F&G: 30 < 31 < 34 < 34
💩 Alts: 15 < 14 < 14 < 14

Signals: 🔥 Alts Watchlist 💷 Forex 🐦 Twitter
Discounts: ByBit | Binance | FTX | KuCoin | PrimeXBT| BitGet | Delta | Gate | Huobi | MEXC

@CryptoTrades #BTC #Bitcoin

📉 Daily Bitcoin chart review 📈

So far Bitcoin being rejected from 20510 - resistance formed at lower timeframes and visible at 4H.

In expectation for Feds interest rates hike market trying to find consensus price, and that might be lower than current value.

For the bull flag BTC should bounce above 20k. Lower levels left after the pump at ~19750 and ~19560 acting as a magnet to price, so sooner or later we should expect them to be revisited. Today seems like a good day to do that.

🟥 20510 - 20720 - 20870
🟩 20040 - 19770 - 19560

😱 F&G: 30 < 30 < 31 < 34
💩 Alts: 15 < 15 < 14 < 14

Signals: 🔥 Alts Watchlist 💷 Forex 🐦 Twitter
Discounts: ByBit | Binance | FTX | KuCoin | PrimeXBT| BitGet | Delta | Gate | Huobi | MEXC

@CryptoTrades #BTC #Bitcoin

Following stocks Bitcoin is breaking the trendline and 20.5k SR and now testing September VAH. Nice volume on that move. Still 1.5H to go till that 4H candle close so early to judge. But close above 20.6k should be bullish.

@CryptoTrades #BTC #Bitcoin

#Bitcoin March Price Action explained 😉

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📊 #Bitcoin Chart Analysis 📚

Time Frame - Daily (HTF)

https://www.tradingview.com/x/5BLrmvPa

Bears are so damn married to their Bias that they fail to see bigger picture here. When we look at a #BTC in daily, I don't see anything Bearish. Why am I bullish ? Summarised in brief points for your easy understanding:-

1. We have Bullish Price Action in daily as Volume is decreasing with Falling prices

2. A clear Bullish Divergence on RSI as shown in chart. We do have Bullish Divergence on MACD as well but not shown in chart as it'd have made chart clumsy

3. We are still in Ascending Trendline and just made 3rd Tap

4. We haven't lost our Higher Low yet which is at 21.3k as mentioned in previous post.

So We are likely going up as long as 21.3k HL is held. Two scenarios popping up here:-

A. Bitcoin pumps towards 23.8k-24k, fight some weekly resistances there, consolidates a while and then resume Uptrend towards 28-32k - Green Brushing

B. We pump towards 23.8-24k, make Giant h&s there and fall back towards Daily MA200 (Untested Area) or more likely FVG at 18-19k - Red Brushing

What path do you believe Btc will follow

A - Green 🔥
B - Red 👍
C - No Bounce & breaker of HL 🎅

Guys React and Share analysis with your colleagues and Friends

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Breaking:

Fidelity Investments, which manages more than $4.2 trillion in assets, is preparing to apply for a #Bitcoin ETF and submit an offer to acquire Grayscale.

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We are witnessing the largest decline in #Bitcoin exchange inflows and exchange supply in history

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