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Bitcoin-trading

Bitcoin Weekly candle closed is bearish so what next..?$Bitcon Weekly Update:- #Bitcoin Failed to weekly Close above Support level. Now Bearish in weekly candle But Still Holding above September low. - If break $40500 then we can see $32000-$35000 in Short time frame. - White Support line is September Low Line. - Weekly is almost #MARUBOZU candle - If break September Low then BTC can test S1 zone - I am expecting Reversal Candle. - If hold $40500 support then next Stop will be $52000 and $65000
Long
by CryptoPatel
6
BITCOIN, FED-Dump, Binance Buys 43000 BTC, Objections Now!The recent times were turbulent for Bitcoin, a massive volatility move resulted out of the fact that the FED released its protocols of the last meeting in which a decision of a possible decrease of their balance sheet which is currently 8.3 Billion US-Dollar was made. There was no action behind this statement made so far nevertheless we have seen Bitcoin heavily dumping just seconds after this statement was released. The declines did not only show up in Bitcoin but also other worldwide assets such as the stock market and gold. This shows how fragile financial markets are especially on exterior influences such as the FED coming up with new decisions while there wasn't any action behind, it is pointing out that such events can have a pivotal effect on the market and that we as traders can prepare on these events with the proper line-up. Binance Multi-Billion-Dollar Bitcoin Purchase: This dump was clearly initiated by the FED-release which accelerated the dynamic and taking this into the consideration now the good news is that the dump did not emerge because Bitcoin loosed its value or because the users, many panic sellers came up or users lost trust in Bitcoin like it may be the case in other situations. In fact, it is the other way around, within this Bitcoin dip institutional interest actually profoundly increased from a technological adoption standpoint as well as from an accumulation standpoint as I already mentioned in my YouTube update uploaded recently. Binance in this whole dip made a MASSIVE purchase of 43000 BTC which is actually equivalent to around 1.800.000.000 BILLION US-Dollar, this makes Binance almost the second-largest Bitcoin institutional treasury holder after MicroStrategy. These facts show a clear surge in institutional interest while Bitcoin made the dump caused by the FED announcement. Bitcoin Leverage-Ratio At A All-Time-High: While Bitcoin continued its downward journey after peaking at 69.000 USD in November 2021 there was a steady acceleration of leverage used in the exchange to trade Bitcoin, this dynamic made the leverage ratio of Bitcoin go up and it shows also that more and more leverage is used to trade Bitcoin. As Bitcoin initially stopped with its downtrend at the 4th of December and moved into the trend-finding phase the leverage ratio still moved up simultaneously while the volatility decreased. Taking this into concern it has to be marked that it is likely that an increased volatility phase is awaited as the contraction of Bitcoin settled while the leverage has still gone up this is likely to accelerate and increase price actions when stop losses are hit. Such a dynamic can go in both directions however as Bitcoin is already dumped heavily there is a higher potential that stop losses of short order actually will be triggered. Technical Developments And Bitcoins Upcoming Destinies: As when looking at my chart we can watch there how BTCUSD now continued to move on to test this main 41.350 USD support level which is marked in my chart in blue. This is a crucial level for Bitcoin as it already bounced several times off and on this level, with this fact there is a higher possibility given that Bitcoin managed to bounce again in this level however if this does not happen and Bitcoin falls below it will be the new resistance in this case. Besides, that Bitcoin is forming this main descending-triangle formation which can be completed if Bitcoin manages to hold the support however if this does not happen and Bitcoin rejects off the remaining resistance at 45.900 USD and pullback again this will invalidate the whole formation. For now, it will be highly crucial to watch out of the whole formation can be completed or not because in this case, we should not underestimate a possible volatility-increase and an invalidation of the formation. As traders we need to think into both direction and plan several scenarios into the market approach to act accordingly if one or the other scenario actually emerges, this is also the case here. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "The advancement and diffusion of events is the only guardian of true liberty." Information provided is only educational and should not be used to take action in the markets.
BYBIT:BTCUSD.P
by VincePrince
82
BitCoin Falling wedge? 1st Time Sharing. <3 You All! :-)Is the Naughty Bit trying to give us a Wedgie? :-) I was just thinking, I have never shared with the community. I LOVE this community and I have learned so much from you all! I want to give something back, so I am sharing. I am not a pro and I do not have a lot of money, but learning to trade and do technical analysis has quickly become my passion! I really think TradingView and the wonderful people here saved my life. I think the TradingView community is absolutely amazing and I just want to give something back. So I will be sharing more, and I hope someone gets some value from it. Never give up, or think your're "too late" to make money. It's never too late to learn how to trade and I believe in you!! If you're here, you have what it takes to make money. Just try to make money, not get rich quick. :-) OK, that's it. I love you all! Remember to have fun! This is an amazing time to be alive and we are all so lucky, so lets try to have a little fun and enjoy this wonderful time to be a trader! :-) Not Financial Advice. Please do not take a trade based on this, it's pure speculation and I have no idea what will happen. We are all learning together, and I want you all to make money. I am not a pro or a financial advisor. Thanks! Love you all!! :-) BINANCE:BTCUSDT BYBIT:BTCUSD BINANCE:BTCUSDT BYBIT:BTCUSD
by mjgetsweird
4
BTC, Magnificent EMA-Ribbon-Triangle-Pattern-Setup To Point ATH!Bitcoin in recent times is building an important structure, there are only a few days till the new year 2022 finally emerges in a broader context and important fundamental developments going on from a technological adoption and regulatory sight for Bitcoin and Cryptocurrency. The best always showed pivotal measurements and groundbreaking establishments moving on within the last month of the year and the first month of the new year, in this time-period Bitcoin and Crypto reversed from its huge bull-market in 2017 that set a paradigm for Bitcoin and Cryptocurrency and now in 2021 to the verge to 2022 we are at a point in which volume, technology, and institutional interest even increased a solid chunk more. In this case, now I discovered a main formational structure forming for Bitcoin that has been already seen in the past and which bares a high-likelihood-setup to finalize as Bitcoin holds above the 45.000 USD level now this is a central determination in which I detected all the important levels and upcoming destinies to consider. Bitcoin EMA-Ribbon-Descending-Triangle-Pattern-Setup Forms Once Again: It was the high of 2020 till 2021 bull market which formed in April 2021 and marked the beginning of the main descending triangle formation that is a huge factor in the pattern that followed upon it, the high in April 2021 also marked the high which followed the main corona pandemic recovery in which Bitcoin managed to recover in an absolutely exhilarating pace of the corona pandemics low. Once the whole descending-triangle completed and Bitcoin bounced within the EMA ribbons matching with the higher low trend line this was a origin of the great rally we have seen catapulting Bitcoin to a new all time high. In the current structure we can watch the very same mechanisms going on as Bitcoin managed to hold the EMA structure reaching from the 50-EMA to the 100-EMA and also bounced in the higher low trend line already, we can watch here the very similar pattern with a high possibility to finalize once again with a astonishing rally that can mark the new all time high for Bitcoin. How this pattern completes will show if Bitcoin manages to advance further in the new all time high region. Upcoming Determinations And Prospects For The First Month January Of 2021: Taking all these highly sophisticated determinations into the consideration and context here there are major factors on which we should be prepared when considering this whole pattern to complete again. Bitcoin will complete the whole pattern with a breakout above the upper boundary of the descending triangle as it is shown in my chart and when Bitcoin does so it will mark the beginning of a high-likelihood rally with a potential ABC-shape as we have seen it already in the pattern before. When this shape moves on again it will be highly decisive how Bitcoin actually moves into the new all time high region above the previous all time high, if BTC manages to hold above this region and actually set up on it this will mark the source of a continuation in this region. For now it will be important to keep patient and await the final confirmation before moving finally into the direction, as Bitcoin already holds the EMA-Ribbon-Structure strongly we can expect this whole confirmation to happen, this means we can expect the rally to accelerate in January, it will be an important development ahead. In this manner, thank you for watching the analysis, enjoy the last days of 2021, and have a good time, it will be great when you support this analysis for more market insight and a kick-boost into 2022, all the best! "Year’s end is neither an end nor a beginning but a going on, with all the wisdom that experience can instill in us." Information provided is only educational and should not be used to take action in the markets.
COINBASE:BTCUSD
by VincePrince
34
BITCOIN, Ability To RETEST Main RESISTANCE, When THIS Happens!Hello, Welcome to this analysis about Bitcoin and the 4-hour timeframe perspectives. In recent times a lot of events happening in the cryptocurrency field and in this case we have to notice that not all of them are positive, the regulatory pressures on Bitcoin and Cryptocurrencies are increasing with officials declaring Bitcoin or also stablecoins as a threat to financial stability where no real evidence is given that this is a realistic approach. On the other side technological developments in the cryptocurrency, field are moving forward this is not only shown by the ability of the whole Cryptocurrency-Market-Cap to hold above the 2 trillion US-dollar mark but also due to the fact that more bigger companies are looking for cryptocurrency adoption is certain ways. Fundamentally there is spreading increased inflation going on and a destabilizing of the Fiat-Money-System which is a more bullish indication for Bitcoin and Cryptocurrency on the long-term, in this case we also need to consider the technicals, therefore I detected the important levels and determinations to watch out in the current establishments. When looking at my chart now we can watch there the main determinations going on with Bitcoin in an interesting constellation, Bitcoin has now started to form this main descending-triangle-formation in the structure with a coherent wave-count within the formation and the waves A to E almost already completed which means the full wave-count has finalized and technically the formation is ready to fully complete which will happen when Bitcoin bounces above the upper-boundary of the formation as it is marked in my chart, such a breakout will finally complete the whole pattern and will mark the setup for further continuations to the upside. Once Bitcoin then also managed to breakout above the descending-resistance-line the full origin is given for further continuations in which Bitcoin will approach the upper remaining main resistance-zone marked in red in my chart, nevertheless, it is important to do not underestimate this because there is a high likelihood given that Bitcoin will pullback after reaching out this zone, once this happened it has to be shown which formation develops further. Currently, we should await the final completion of the descending-triangle, bounce of the main support and above the boundary before moving to further conclusions, it will be an important development. In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, all the best! "There are many roads to prosperity, but one must be taken." Information provided is only educational and should not be used to take action in the markets.
by VincePrince
14
BITCOIN (BTCUSD) – Week 50 - In consolidationHello traders, This week Bitcoin is in a consolidation phase that has 2 possible scenarios. The higher probability scenario in our opinion is a move that will reach the blue trendline marked on the chart and then retest the support area at 42k. However if the price breaks the resistance area marked on the chart and consolidates above then we may look for the start of a bullish wave. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
BITSTAMP:BTCUSD
by financialflagship
11