Bitcoin Analysis: Bitcoin surged over 12% to nearly $63,000 as former President Trump confirmed his attendance at Bitcoin 2024. Despite a failed assassination attempt, Trump remains a strong Bitcoin supporter, advocating for crypto-friendly regulations. Analyzing the Bitcoin chart on the weekly timeframe, we see that the price, as expected, rebounded from our demand zone and has…
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Bitcoin Analysis: By Analyzing the #Bitcoin chart on the weekly time frame, we observe that the price has maintained its support level and is currently trading around $58,000. Yesterday, Bitcoin managed to rise to $59,500. Let’s see if the price can successfully push above $60,000 again this week or not. Holding above $60,000 is crucial as…
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Bitcoin Analysis: Bitcoin’s Weekly Chart: FVG Filled, Eyes Set on Further Growth if Support Holds :By analyzing the #Bitcoin chart on the weekly timeframe, we observe that after 2 months, this cryptocurrency finally experienced a drop to fill its old FVG. Interestingly, after this FVG was filled, the price managed to rise by 10%, from $53,500…
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ShibaInu Analysis: By examining the #ShibaInu chart on the weekly timeframe (logarithmic), we observe that after an attractive growth, this cryptocurrency has again undergone a correction. We should soon expect the end of this correction and the beginning of the next bullish wave. Keep an eye on these prices: 0.00001542, 0.00001385, and 0.00001248. The new wave…
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Cardano Analysis: By examining the #Cardano chart on the daily timeframe, we observe that the price is trading in the 40 cent range. If the price can maintain the support zone of $0.35 to $0.385, we can expect further growth to higher targets for this attractive cryptocurrency. The medium-term targets for Cardano will be $0.42, $0.45,…
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Bitcoin Analysis: By analyzing the Bitcoin chart on the weekly (logarithmic) timeframe, we observe that, as expected, the price corrected to $58,400 and encountered buying pressure. Currently, Bitcoin is trading around $63,000, having increased by 9%. If the price can stabilize and close above $63,300 this week, we can expect the start of the next bullish…
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ShibaInu Analysis: By analyzing the #Shiba chart on the weekly (logarithmic) time frame, we can see that after a significant rally, this cryptocurrency has undergone a correction. We should soon expect the end of this correction and the start of the next upward wave. Keep an eye on these levels: 0.00001542, 0.00001385, and 0.00001248! Additionally, the…
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Bitcoin Analysis: By analyzing #Bitcoin on the weekly time frame, we can see that the price has started to decline again according to the second scenario and is now attempting to reach the demand zone of $52,800 to $56,700. Keep an eye on the price reaction to this level! We will likely see a strong move…
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Bitcoin Analysis: By analyzing the Bitcoin chart on the weekly (logarithmic) timeframe, we see that recently Bitcoin corrected to $64,000. After that, BTC experienced renewed demand and is currently trading around $66,000. There are two potential scenarios for Bitcoin in my opinion: (This Post on TradingView) Author : Arman Shaban To see more analyzes of Gold , Forex Pairs , Cryptocurrencies…
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Bitcoin Analysis: By analyzing the weekly (logarithmic) chart of #Bitcoin , we observe that the price has been trading around the $70,000 range for the twelfth consecutive week, showing no clear trend! Despite this sideways movement, I remain bullish on Bitcoin. My targets are $77,000, $85,000, and ultimately $100,000!(This Post on TradingView) Author : Arman Shaban To see more analyzes of…
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