Bitcoin back in a weekly uptrend.
Up 8 bars on the 4hr, so keep an eye on price action as it is falling within the 7-10 bar rule for a reversal.
118k is holding as resistance for now.
119k and 120k both levels I'm watching after 118k.
Watching 115.5k-116k as immediate…
Bitcoin with an almost perfect bounce off of hte 50% fib extension last week. That now become a higher low on the weekly and if btc breaks above 117.9k the weekly will be back in an uptrend.
On the lowe time frame bitcoin is up 7 hr bars and 8 1hr bars heading into resistance.…
Tomorrow's timing date lining up with the gov't shutdown. Will btc put in a swing top?
Next timing/astro dates:
7th - Full moon (eclipse season from 7th - 21st)
13th - Timing date
16th - Timing date
20th - Timing date
21st - New moon
#bitcoin#btc
Bitcoin at the 113.260k 50% level, would like to see it reclaim back above 113.5k and start pushing up toward 116k.
So far the 114.8k level I spoke about previously time has held as resistance.
Now to see if 112.5k can hold as support. 112.5k and 111.3k are the levels to the…
Bitcoin with a Sunday pump, which I was waiting for since the multiple 1bil+ days of liquidations. Now to see if the rally can be sustained.
The weekly close above 112k was a good start. Staying above 111.3k, a key 50% level, is also important.
Still a couple days left in…
Next timing dates are on the 28th and 1st and Bitcoin still trending down. Also the 2nd day this week with over 1bil in liquidations. Getting close to the low?
First let's see how Bitcoin responds to these levels around 108k/109k.
107.5k is a significant area of support if…
114.8k is roughly the 50% of the top to bottom of this recent pullback as well as from the July low to ATH.
If the current low stays around the same price that will be a key 50% to watch on a bounce from here.
#bitcoin#btc
Bitcoin 4 days down off a rejection from the 7 year old tops trendline.
With over 1.7b in liquidations and almost touching the 50% from the 74k low is the low in or is there more downside to go.
Two 50% levels I'm watching are 111.4k and 112.6k. Would like to see Bitcoin…
Bitcoin just printed 7 bars down on the 4hr. 7 consecutive up or down bars is one of my favorite signals to watch for. Typically it will lead to a pause and reversal.
With Bitcoin close to a 50% at 114.8k and nearing the bottom of the range I'm watching for a bounce somewhere…
Lot of interesting dates coming up this weekend into early next week for Bitcoin and the crypto market:
19th/20th - timing date
21st - new moon
22nd - equinox
19th/20th: Timing date
21st: New Moon
22nd: Equinox
23rd: Timing date
Price action going into these dates will be…
25bp rate cut today. Now to see how stocks and crypto respond. Expect volatility on the lower time frame but what is important is the daily closes and especially the weekly close.
There is also the quadruple witching this Friday, which will cause some volatility with the stock…
The US dollar doing what it does nearing the end of the RE cycle. I've marked up the past few cycles, which show the DXY breaking down toward the latter half of cycle going into the downturn.
Looks like it is about to break the trendline again. This was expected and fits…
After 6 days up btc hit a swing top within a day of the timing date I was watching.
Now looking to see if this pullback to 114.8k is enough or will there be more downside.
Going into next week and with the fed rate decision on Wednesday I would personally like to see the…
Bitcoin testing a 50% support after breaking above 116k. Bulls want to see it stay above the 113.5k breakout area. Bitcoin still needs to reclaim 117k and from there I'd look at 120k.
If Bitcoin breaks back below 113.5k and fails to get back above that price area then the odds…
ETH trying for a 4th time break on the daily while also coming into a couple 50% levels. A break and hold above 4500 could mean more upside and a push back up to 4700 - 4900.
At the same time Bitcoin is coming into some time and price resistance I've mentioned.
If it fails…
Bitcoin with another 4th time break today, this time on the 4hr. So far holding above the breakout area.
Bitcoin is still in a daily uptrend and 4 days up coming into both a key 50% level and a key timing date on the 13th.
Bitcoin is also up 50% in time from the move down…
$HYPE in price discovery testing the first level of resistance I have marked at $56, which is the 50% fib extension. A clean break above this and the $76 target would be next with possibly some resistance around 65/66.
$HYPE is also up 10 daily bars which falls the #gann…
Bitcoin rejecting from the 113k area for the 3rd time on the 4hr. Currently heading toward the 110.4k 50% level which could provide some support.
This is a key area of S/R and should Bitcoin start closing back below there then further downside is likely.
If Bitcoin…
Thinking of doing short videos, maybe once a week around Mon/Tue, to give my take on Bitcoin and the crypto market and how I'm viewing it with the timing analysis.
Haven't decided yet.
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