#bitcointechnicalanalysis

Hi friends hope you are well, and welcome to the new update on Bitcoin. Breaking down the channel: On an hourly time frame, Bitcoin has broken down the support of the channel and also invalidated the Cup

Hi friends hope you are well, and welcome to the new update on Bitcoin. On an hourly time frame, Bitcoin has bounced from the support of the channel but was rejected by $20800 resistance once again. On

Hi, friends hope you are well and welcome to the new update on Bitcoin. Recently Bitcoin has broken down a descending triangle and a $19500 support. Now Bitcoin is trying to break this $19500 level out,

Hi friends hope you are well, and welcome to the new update on Bitcoin. Recently Bitcoin has broken down a descending triangle and a $19500 support. But this $19.5k support is very significant therefore,

Hi friends hope you are well, and welcome to the new update on Bitcoin. On an hourly time frame, after breaking out the channel, Bitcoin is rejected by $23k resistance and also broke down the $20800 support

Hi friends hope you are well, and welcome to the new update on Bitcoin. On an hourly time frame, after breaking out a down channel, Bitcoin was retesting the resistance of the channel as support. Now it

In 1-hour time frame, Bitcoin has reached the resistance of the down channel. If BTC breaks out this channel then it can also break out the next resistance of $23k. But still, there will be another resistance

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In the month of Jan 2022, I shared a big harmonic Cypher pattern which worked very well and after hitting the sell targets the priceline is again moving inside the buying zone of this pattern. In my opinion,

Hi friends hope you are well, and welcome to the new update on Bitcoin. On a weekly time frame, after hitting the support of falling wedge and $28600, now stochastic and MACD are turning bullish. This

BTC/USD Just a quick BTC update, if the 4hr candle closes above 200 MA, I see potential upside up to the 7600 -7800 regions before another pullback.

Bitcoin has climbed enough to reach the top of its falling wedge pattern visible on the daily time frame. Sellers might be ready to return at this area as a bearish divergence can be seen.In particular,

Bitcoin is still stuck inside its rising wedge pattern on the short-term time frames but is making another attempt to break out. Price has been hovering around the resistance for quite some time and forming

Bitcoin recently busted through the near-term resistance at the $6,500 to $6,600 levels to signal that buyers are gaining traction. Price is also moving above an ascending trend line, connecting the highs

Bitcoin was once again rejected on a test of an area of interest visible on the 4-hour time frame. Price could fall back to the longer-term floor around $5,880 from here as technical indicators reflect

Bitcoin has had better days with the recent price dip it has suffered over the last few weeks. However, the new price action indicates that the price may reverse soon. Although the uptrend has not yet