Bitcoin has a very clear 4 year halving cycles which it followed all previous years.
Top of each cycle comes to November-December. Bottom forms 1-1.3 years after that top. Bottom consolidation period usually correlates with 0.5-0.75 period of bearish cycles which corresponds with December'22-June'23. Since it doesn't yet look like BTC had final capitulation I believe we should see the bottom in the beginning of 2023 year (March-June). Most probably it will be 10540-12500 zone (see week chart below). Target for beginning of 2024 year is 25-29k which should start a new bull run towards new all time high in November-December 2025. Sorry, but I will not play in Nostradamus trying to guess it. Keep that chart in mind not to get too fearful or greedy. I've created it in December 2019 and it helped me to survive through all these years. Hope it will help you as well 🙏 #Bitcoin #BTC #Halving #Cycles #HalvingCylces #BitcoinCycles #BTCcycles
$BTC got stuck at HTF SR around Monthly 20ema. Not much to do here except for waiting. Friday Interest Rates announcement and market will build itself upon these numbers and expectations for the next week interest rates.
Stocks look weak, Metals look weak, while US Gov Bonds are breaking out. I've predicted final market dump within Q4, but it may happen earlier.
With that said, I still feel bullish for that potential dip and will look for spot buys around 68-70k
📈 HTF - August candle gained momentum that should be enough to push price above previous LH at ~82828 (and by doing to confirm the bottom of the correction and bullish reversal.
⏰ Free TG #Bitcoin alarms set for: Y VWAP VAH, D/W20ema, 81500, 76152, 73653, 68241
$BNB BTC (Unlike) போல் அல்லாமல், கடைசி வாராந்திர lower high-ஐ (மே உயர்வு ~746.6) கடந்ததால் bullish reversal உறுதிப்படுத்தப்பட்டது. எனவே இந்த சார்டில் dip-ஐ வாங்குவது அர்த்தமுள்ளது.
திரும்ப பார்க்கப்பட வேண்டிய bullish gaps சுமார் 730 மற்றும் 707 அருகில் உள்ளன. அதற்கு கீழே எதுவானாலும் இந்த swing முடிவும் correction தொடக்கமும் என்பதைக் குறிப்பதாக இருக்கலாம். இந்த சூழலில் ~635 வரை மீண்டும் வருவதை காணலாம்; ஆனால் இவ்வேளையில் அதைக் குறித்து இப்போதே பார்க்க அது மிகவும் ஆரம்பம்.
Still very uncertain choppy range as we haven't seen the real strong impulse move. $BTC failed to break through Monthly 20EMA this morning, but it's not over yet, so might do it later.
Forecast for potential range boundaries stays the same: 74-75k for the dump or ~80k for the pump.
📈 HTF - August candle gained momentum that should be enough to push price above previous LH at ~82828 (and by doing to confirm the bottom of the correction and bullish reversal)
Week chart leaves a wide range for consolidation down to 72k
⏰ Free TG #Bitcoin alarms set for: Y VWAP VAH, D/W20ema, 81500, 73653, 68241
Bearish momentum from last week’s close dumped $BTC under last week’s low at 76649 ✅
The narrow range on the 4H hints we haven’t seen the real volatility yet - it’s just around the corner. Expect a strong impulse move either down to the daily 20 EMA (~74.6k) or back above 80k.
Given the monthly bullish momentum, I’d treat dips as a buying opportunity. But be ready for price to tag 72k. So no high-leverage, mindless knife-catching.
📈 HTF - August candle gained momentum that should be enough to push price above previous LH at ~82828 (and by doing to confirm the bottom of the correction and bullish reversal)
⏰ Free TG #Bitcoin alarms set for: Y VWAP VAH, D/W20ema, 81500, 73653, 68241
Wise Analyze
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📉 Bitcoin Daily 📈
Month closed above the last swing close. That significantly increases the odds that bullish momentum pushes price through the previous LH at ~82828 (and by doing so confirms the bottom of the correction).
Last week’s close still points down, so dips remain possible - at least under last week’s low at 76649.
Lower timeframes show the same potential for volatility, with a wide range for liquidity raids. That said, $BTC remains inside a “bull flag” consolidation — and that stays valid until it’s invalidated.
Month closed above the last swing close. That significantly increases the odds that bullish momentum pushes price through the previous LH at ~82828 (and by doing so confirms the bottom of the correction).
Last week’s close still points down, so dips remain possible - at least under last week’s low at 76649.
Lower timeframes show the same potential for volatility, with a wide range for liquidity raids. That said, $BTC remains inside a “bull flag” consolidation — and that stays valid until it’s invalidated.
Bullish momentum pushed BTC to new high at 81500. Over the night Asian session created a rejection candle on 1H chart, which returned price back under Year VAH. This hints on possible dip lower, although this chart remains within LTF uptrend.
❗️ Weekly LH at ~82828 - cross above required for BTC to exit downtrend.
LTF range played out - $BTC dipped to weekly open and bounced to VWAP VAH ✅✅
Next possible scenarios: 1) move continues to close FVG at 80440 with either rejection there or continuation towards recent high at 81270 2) rejection under 80440 and breakdown to 76.6k
LTF range played out - $BTC dipped to weekly open and bounced to VWAP VAH ✅✅
Next possible scenarios: 1) move continues to close FVG at 80440 with either rejection there or continuation towards recent high at 81270 2) rejection under 80440 and breakdown to 76.6k
$BTC pumped by ~24% in less than three days 🚀 ဒါကို မထင်ထားခဲ့ဘူး။ လွန်ခဲ့တဲ့ ရက်အနည်းငယ်ကပဲ ဒီလိုမျိုး စျေးနှုန်းတွေ ဒီလောက်မြင့်လာမယ်လို့ ဘယ်သူမှ မမျှော်လင့်ထားမိကြမယ်။
$BTC pumped by ~13% from yesterday's low 🚀 Very bullish, especially comparing to stock indices that are stuck in correction.
Nevertheless keep in mind trend factor - to exit downtrend BTC needs to cross above last Weekly LH at ~82828. Till it does, it remains within HTF downtrend.
Earlier I've wrote that 69-72k zone is for taking shorts. That remains true, BUT we should WAIT for momentum to fade away and reversal PA to show up, before taking shorts. Otherwise you risk joining army of liquidated shorters.
I've taken profits from my spot buys made on the dips during June-July by pre-set limit orders at average sell price ~71560. Maybe too early, but I've been waiting 3 months and I am more than happy with profit 😅 Not shorting yet - reasons described above.
⏳HTF zones to watch and act based on PA there: * for shorts zone around 72k (wait for PA confirmation) * for heavy long term and spot buys longs 44-48k
⏰ Free TG #Bitcoin alarms set for: D/W/M20ema, 73653, 60800
To exit the downtrend, $BTC needs to cross above the last weekly lower high at ~82828.
But the pump looks solid - we may see a new high tomorrow.
#Bitcoin is now covering the gaps from the June 1st and 2nd dumps. Each of those gaps is packed with people who’ve been waiting 80+ days for a chance to exit at break-even. Will they get swept as liquidity, or will they actually stop the price?
$BTC has covered both zones I marked on Monday. As a reminder, price has remained inside the same consolidation range for over 2.5 months, and the higher timeframe is still in a downtrend.
To grab more liquidity, price either needs to break above 65,800 or drop below 62,200 (the nearest 63.6k liquidity pool is a smaller one).
Don’t ask which scenario is more likely - flipping a coin would give you a forecast of the same precision. Short-term, though, I think we should watch the retest of 64.7k and, based on the price action there, either look for a breakout or a rejection and dump back toward the Daily 20EMA and the key zones that follow.
⏳HTF zones to watch and act based on PA there: * for shorts 69-72k * for cautious longs 59-60k * for heavy long term and spot buys longs 44-48k
As expected $BTC wicked under the trendline, but not that much, and those dips gave enough volume to push it back up on Monday. Nevertheless Week candle closed under previous week open.
UK/US Friday POC correlates with week close. If downtrend continues, we may expect temporary bounce to one of the nearest key liquidity zones and then another swing down.
I'd be careful with swing longs at least till BTC grows above 67k - till then every bullish move has higher chances to be a trap, rather than a reversal. Follow the trend.
⏳HTF zones to watch and act based on PA there: * for shorts 69-72k * for cautious longs 59-60k * for heavy long term and spot buys longs 44-48k