An Era Where AI Nearly Predicts Bitcoin Prices Accurately

2024.08.16. Accuracy of this month’s rise and fall predictions 72% AI report free version. Bitcoin (BTC/USDT) 1-Hour Chart Analysis Current Price: $57,888.1024H Change: -0.90% Technical Overview: Indicators: RSI (Relative Strength Index): MACD (Moving Average Convergence Divergence): Volume Profile: Short-Term Prediction (24 Hours): The consolidation around the $57,800 level suggests a potential buildup for a move. … Read more

Betting on a downward trend Bitcoin

2024.08.15. AI report AI Free version. Bitcoin Price Analysis and Prediction Current Price Overview: Technical Indicators and Chart Analysis: The 1-hour chart reveals a significant volatility range over the past week. Bitcoin reached a high of approximately $61,950 and a low near $57,905 before stabilizing around the current price of $58,409. A closer examination of … Read more

The future outlook for Bitcoin, which has been sluggish

2024.08.14. AI report BTC/USDT Analysis & Prediction Current Price: $60,864.80 24H Change: +2.69% Overview: The BTC/USDT 1-hour chart from Bybit displays a period of consolidation after the recent upward momentum. Following the significant dip seen in early August, Bitcoin has been attempting to recover, with the current price sitting at around $60,864. The current movement … Read more

08.11 Bitcoin AI prediction

Analysis and Short-Term Prediction Current Price: $61,000.70Time Frame: 1-Hour (BTCUSDT – Bybit)Technical Indicators: Moving Averages (MA): The chart displays the 9-period and 26-period moving averages. The price has crossed above the moving averages, indicating bullish momentum.Volume: The volume remains relatively low, which could suggest a consolidation phase. However, the presence of higher-than-average volume spikes at … Read more

Bitcoin Situation After the Crash

Bitcoin’s price remains relatively stable, currently stationed at a key resistance line. The market is gripped by fear, and although the charts show potential for further price increases, everything still appears calm for now. Trading volume has significantly decreased to one-third of its usual level, highlighting the dire state of the market. My prediction for … Read more

Why Does Bitcoin Always Decline in the Summer?

Bitcoin has experienced significant drops followed by recoveries, exhibiting strong tendencies to move ahead of the stock market and displaying a high degree of synchronization with it. Unlike before, Bitcoin now moves in tandem with the U.S. stock market since the COVID-19 pandemic, with both markets experiencing similar booms and busts. Market Correlation and Financial … Read more

Bitcoin’s Weakness in Summer

At the beginning of August, Bitcoin experienced a slight dip before recovering. However, many people still predict a decline. The reasons cited include: 1. Bitcoin’s historical weakness in the August-September period. 2. The potential outbreak of war between Israel and Iran. Bitcoin’s price movements have increasingly mirrored those of the Nasdaq, leading to similar predictions. … Read more

The Beginning of August for Bitcoin

Bitcoin ended July with a decline. Looking at the monthly chart, the July candle appears to signify the end of a dilemma. The long upper and lower wicks indicate a significant struggle between rising and falling prices. While such candles are usually not given much importance on short-term charts, they often indicate a trend reversal … Read more