From today, I’ll start by discussing whether the prices I previously predicted were accurate. Blog posts that simply state prices could go up or down aren’t very helpful. It’s better to indicate whether the direction is likely to be upwards or downwards. Experts often mention both directions, and technically, they aren’t wrong to do so. … Read more
As we step into the final week of April, tomorrow marks the closure of this month’s chart, which will likely give us a clear direction for May. Many are predicting a rise, and this optimism is significant. However, I still anticipate a downturn. The charts are holding their expected patterns, and with the weekend behind … Read more
Bitcoin has been consolidating around $64,000. It has converged with the moving averages on both the 12-hour and 6-hour charts. Given that it’s Sunday, we might start seeing some movement soon. Personally, I anticipate a downward movement. While all charts have converged, the overall trend seems to be turning downward, lacking significant upward momentum. In … Read more
As of April 27th, Bitcoin is showing a slight downward trend. People are predicting a downward movement at a ratio of 65:35, and according to the distribution of price trends, about 80 percent are anticipating a downward movement. However, it’s important to remember that when many people anticipate a downward movement, significant shifts might not … Read more
Bitcoin is showing a stagnant trend without much movement. Currently, 6 people anticipate an increase while 4 expect a decrease in price. According to the distribution of price trends, there is an increase in those hoping for a decrease. The situation is almost evenly split, making it uncertain what will happen next. However, now is … Read more
Bitcoin is showing signs of movement, failing to break through $67,000 and instead turning downwards. If the weekly chart continues in this manner, it seems likely to bend downwards further. Currently at $64,000, but if it fails to breach $70,000, downward pressure may intensify. While there’s support around $60,000, if it declines again, the likelihood … Read more
The price of Bitcoin has been steadily rising along the 6-hour moving average line. It’s currently pausing at the $67,000 mark, which seems to be the strongest support level. Resistance lines play a significant role in acting as strong barriers, but if they fail to do so properly, there’s a good chance they might be … Read more
A new week has begun. Bitcoin’s chart also shows a new weekly candlestick formed with the start of the new week. The initial movement of a new candlestick is crucial. Typically, there’s often a reversal of this movement during the week. It’s important to pay attention to how the initial movement unfolds. On Bybit exchange, … Read more
As Bitcoin nears the $65,000 mark, a minor rebound has occurred. Those considering a break might find it beneficial to sell now and rest for a while. The weekly charts show a slight downturn, suggesting a stronger potential for further decline in the future. While not all altcoin charts are unfavorable, the possibility of a … Read more
Bitcoin is hovering around $60,000, and the number of people anticipating a downturn is steadily increasing. However, in such cases, a downturn often doesn’t materialize. The moment to exit is usually when a rebound occurs. This time, it might be wise to exit gracefully and observe the movement while staying on the sidelines for a … Read more