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40k

BTC Continuation upwards it seemsBitcoin broke above 31k and went straight to 35k as we said could happen over three months ago. We are now looking for continuation up to ultimately 42k. At the 42 k level we will most likely sell most of our holdings that we acquired when we first broke out at 25k. This will claim us great profits and allow us to enter the altcoin markets that are shaping up greatly right now. The current pattern displays accumulation. We are making higher lows and buying up the wicks on lower timeframes. Watch out for impulse moves, we will not trade this one with leverage for now.
COINBASE:BTCUSDLong
by SynergyTradingSetups
Probably BITCOIN may local Top Here? or Move higher!! #BTC Weekly Chart When I tried to look at BTC from macro/weekly time frame, my perspective changed a little. I'm not much convinced with this rally from 17.6k to 25k unless and until we break that Giant Trend-line initiating from Nov 2021(Cycle Top). I'll sum this chart here in brief for your better understanding. Btc made All time High in Nov 2021 which marked start of Bear run. Bear Run Phase 1 - Dump from Nov 2021(69k) to Jan 2022 (33k) and Relief rally from Jan 2022 (33k) to March 2022 (48k - Higher Low) Bear Run Phase 2 - Dump from March 2022 (48k) to June 2022 (18k) and Relief Rally from June 2022 (18k) to Aug 2022 (25-27k Potential next HL) Only positive here is Btc is back above weekly MA 200 which is giving it a Little bullish insights. I personally believe, Btc will like do a Fakeout this week or by next week towards 25-27k, touch the trendline and head towards another Bear Phase. Only break of this trend-line and close above it will make Bullish Case Alive. 🥰If you find this helpful and want more FREE forecasts in Tradingview😍. Please show your support back🙏, Hit the 👍 LIKE button, Drop some feedback below in the comment✍️! ❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝 💎 Want me to help you become a better Crypto trader? Now, It's your turn! Be sure to leave a comment; let me know how you see this opportunity and forecast. Trade well, 💪 #bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #weeklyclosed
by Bitking786
2
could Bitcoin go to 10k or 40k?? RSI is Trying to break out:!!Technical analysis: #BITCOIN (Monthly update) * BTCUSD is taking support from Raising wedge Pattern Trend line in Monthly time frame. *Bitcoin Bulls are Regain the 50-MA is Good sign but need to Reclaim the 29k Horizontal Resistance for further Upside movement .. *The price is trading ABOVE both 50- MA as well as trend line is LOOK Bullish// * RSI is Trying to break the Down Trend line, if price could break it then it will take momentum from here.. 🥰If you find this helpful and want more FREE forecasts in Tradingview😍. Please show your support back🙏, Hit the 👍 LIKE button, Drop some feedback below in the comment✍️! ❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝 💎 Want me to help you become a better Crypto trader? Now, It's your turn! Be sure to leave a comment; let me know how you see this opportunity and forecast. Trade well, 💪 #bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #monthlyclosed
BITFINEX:BTCUSD
by Bitking786
1
Slightly Bullish hovering around the 40k magnet line.This is a much riskier play to take here. The graph is the previous 6months of BTC action. It has been 2 months since the massive Bear win. Bulls had a weak and short attempt at raising the highs. Ever since, it has been a standstill around 40k with both sides making attempts and ultimately failing. A price both sides get attracted to like a magnet. The center "magnet" line is where the price hangs out most of the time barring any crazy news or massive buying/selling periods. We are currently above the magnet line along with the moving average. If it can reach the greenzone, this may be another high breaking attempt if it breaks upwards. Otherwise we are likely to drop back to the magnet and wait for the next move.
COINBASE:BTCUSDLong
by coinofthewest
BTC: The path out of the woodsZooming out on the daily shows an interesting collision of channels. There's a long term trend since at least early 2021, and the shorter range trend since BTC began to move down. This is all coming to a head, and the wiggle room for BTC to maintain its status quo is running out mid to late February. Support: 34.5 is now the bottom of the broad channel. I consider that the red zone, we might wick below as we did earlier, but a daily candle closing below this level would mean trouble. Resistance: 40k. That's the big one. The combination of being the resistance line of our current down channel , and the psychological level of that big round number make it a target to be reckoned with. If we break 40k, we break the downtrend. If we get a daily (and preferably weekly) close above 40k, it's time to bring out the popcorn maker again. Of course there's a lot of external factors pushing the king around these days, not the least of which being it's irritating tenancy lately to move with the traditional market. War on the brink in Ukraine, an uncertain regulatory environment, and crypto getting more and more political. It seems there's no shortage of black swans circling overhead. The best we can hope for right now is that they keep flying and bitcoin is allowed to follow its natural buoyancy (which has always been up over time).
BITSTAMP:BTCUSD
by holorobo
Bitcoin daily analysis updateAfter losing the $53k support, the BITCOIN has dropped to $40k zone and after that it has supported to around $51k. Our next hope for support was $40k, but the bear trend was so powerful that $40k supporting zone couldn't avoid the pressure from sellers. Now in this situation the price is under $40k and if the bear market is continual the fall to 28k zone is probable and after that the weekly supports are considered to be $20k and $14k zones respectively.
Short
by khanzadiashkan7
1
JUST AN EXPECTATIONWassupppp These days are important days. Like i said in a previous chart; its the dicision time. Will we stay on the trendline, and hold the 40k as support? Or will we lose the 40k and go into the 29k direction. I personally think we will hold it. This, because the support here is massive. And secondly, the market does the unexpecting. Many people think it wont hold and will drop. Obviously this is just an idea, so well lets just make ideas, and see what happens :) Regardsss
OKX:BTCUSD.P
by FibonacciTheGreat
3
ACCUMULATION PHASE! | WYCKOFFIANSIf you've been following my charts a bit, then you know I've been expecting that drop for a long time. If we continue to follow the Wyckoffian logic scheme then it is quite possible that the accumulation phase is at 29k. But today I looked at the charts again, and I noticed that the moves we're making now are very similar to the accumulation phase we saw in May/June/July 2021. I thought I'd make an idea. So it could very well be that the 39k range is the new 29k. And that that is the bottom before we hit new highs. We will see! Do let me know what you think about it! Seeya
B
by FibonacciTheGreat
3
#BTCUPDATE - 28.7.21 BULLISH MOMENTUM CONTINUES Following yesterdays bullish patch perfectly so far. Expecting a formation of a bullish ascending triangle as per the 15MIN chart. I feel we will break $40k possibly today or tomorrow. Although as previously stated I am more focused on the $41.3k resistance which is where I think a big retracement will come due to alot of technical indicators suggesting reversal as well as being a very key resistance. Imo opinion it is the perfect set up for a stop loss hunting scenario. My play is stay long till $40k again with a stretch to $41k then can be a turbo trader and set a short from $41k to $40k and then $39k with a tight stop-loss incase BTC does smash through $41k. All looking good atm - little volume going into alts rn as its all about btc although that will change the moment BTC starts any kind of consolidation phase.
by Kryptochristian