Is #Bitcoin bottom in?
Based on previous cycle conditions, #BTC may have already bottomed.
That doesn’t rule out a throwback to the trendline though, similar to 2015 and 2023.
#Bitcoin Reversal underway? 🔁
1⃣ Black line exits orange zone → cycle top is in
2⃣ Tags green area → bottom is in or very close.
3⃣ Back into orange → reversal is confirmed
Reversal confirmation is still pending.
#Bitcoin Reversal underway? 🔁
1⃣ Black line exits orange zone → cycle top is in
2⃣ Tags green area → bottom is in or very close.
3⃣ Back into orange → reversal is confirmed
Reversal confirmation is still pending.
#Bitcoin Reversal underway? 🔁
1⃣ Black line exits orange zone → cycle top is in
2⃣ Tags green area → bottom is in
3⃣ Back into orange → reversal is confirmed
Reversal confirmation is still pending.
#Bitcoin Pending reversal 🔁
1⃣ Black line exits orange zone → top
2⃣ Tags green area → bottom
3⃣ Back into orange → reversal confirmed
Reversal confirmation is still pending.
#Bitcoin at critical level : $75,900
BTC needs to hold this level.
Failure here raises the odds of a revisit to the lower boundary of the ascending channel.
#Bitcoin at critical level : $75,900
BTC needs to hold this level.
Failure here raises the odds of a revisit to the lower boundary of the ascending channel.
#Bitcoin at critical level : $75,900
BTC needs to hold this level.
Failure here raises the odds of a revisit to the lower boundary of the ascending channel.
#Bitcoin CME Futures Gap 🕳️
#BTC tagged the overhead gap on the daily chart. It remains unfilled.
There's another open gap sits below near $70k.
The overhead gap appears to be the nearer magnet for now. The lower gap likely comes into play only if price loses structure.
#Bitcoin CME Futures Gap 🕳️
#BTC tagged the overhead gap on the daily chart. It remains unfilled.
There's another open gap sits below near $70k.
The overhead gap appears to be the nearer magnet for now. The lower gap likely comes into play only if price loses structure.
#Bitcoin 79K rejection
#BTC is now testing Tenkan (red line).
If Tenkan gives way on a confirmed break, the Kijun (blue line) becomes the next support.
#Bitcoin 79K rejection
#BTC is now testing Tenkan (red line).
If Tenkan gives way on a confirmed break, the Kijun (blue line) becomes the next support.
#Bitcoin Weekly trendline breakout
On both linear and logarithmic scales, #BTC has reclaimed the trendline.
Confirmation remains incomplete as the kumo cloud continues to cap the lagging span (orange line).