Bitcoin (BTC): We Want To See $30-40K In Long Run

23 ก.ย. 2024

Bitcoin's gameplan for the bigger picture has not changed for us.

Despite seeing some slight upward moves currently, we are looking for a bigger liquidity sweep to happen to lower zones.

So, while we still trade around our major resistance zone, we have not yet broken it, which means as long as we stay below it, our plans for Bitcoin do not change!

Swallow Team

23 ก.ย. 2024

บันทึก

Bitcoin on a daily timeframe has shown a really strong upward movement, breaking both EMAs and not stopping for a single correctional movement to lower zones.

While this movement seems great, it is also too sharp for the current market state, so we are expecting to see any kind of correctional movement, possibly resulting in a BOS over smaller timeframes like 1-4 hours and a steep movement to fill in FVGs.

24 ก.ย. 2024

บันทึก

Sellers are dominating near the current zone, where we see the first small signs of weakness so far.

This might be a good start for a further movement to lower zones (below EMAs) but for this kind of movement we need to see at least 1-2. daily candles with thick red bodies in a row so eyes on upcoming daily candles!!!

25 ก.ย. 2024

บันทึก

Bitcoin on a daily timeframe has fully secured the EMAs as of now and now price is testing that smaller rejection zone.

So far our gameplan remains the same and we are looking for a full switch of trends, which would result only after seeing some kind of strong rejection from the current zone or upper resistance zone so we keep an eye on candle movements to catch any possible confident move!

26 ก.ย. 2024

บันทึก

Bitcoin had a smaller sellers pressure yesterday, where today we are seeing that buyers are coming back slowly.

Nothing much has happened since yesterday so we are still keeping an eye on that smaller resistance zone and we are open-minded about possible touch to upper major resistance.

27 ก.ย. 2024

บันทึก

Bitcoin is breaking the 65K zone, which might result in a further upward movement to 70K.

As price is breaking currently in an important zone, we are keeping an eye on it to see if buyers manage to secure this zone here, so eyes on it now.