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Bitcoin-trading

BTC!! 4H chart🔥🔥 BTC Next target $24k soon 🔥🔥🚀🚀 Bitcoin price analysis is the process of evaluating the historical and current market data of the cryptocurrency in order to predict its future price movements. The primary tool for this analysis is technical analysis, which involves studying charts and market indicators to identify patterns and trends that can be used to forecast future price movements. One of the most popular indicators used in Bitcoin price analysis is the Moving Average (MA). This indicator tracks the average price of the cryptocurrency over a certain period of time, and is used to identify trends in the market. For example, if the 50-day moving average is above the 200-day moving average, it is considered to be a bullish signal, indicating that the price of Bitcoin is likely to increase. Another important indicator is the Relative Strength Index (RSI), which measures the strength of the current price trend. If the RSI is above 70, it is considered to be overbought and may indicate that the price of Bitcoin is likely to decrease. On the other hand, if the RSI is below 30, it is considered to be oversold and may indicate that the price of Bitcoin is likely to increase. In addition to technical analysis, market sentiment also plays a role in Bitcoin price analysis. This refers to the overall sentiment of the market and can be influenced by a variety of factors such as news and announcements, regulatory developments, and economic conditions. Positive sentiment can lead to increased demand for Bitcoin, which can drive up the price, while negative sentiment can lead to decreased demand and a decrease in the price. It's important to note that Bitcoin price analysis is not an exact science, and the price of the cryptocurrency can be highly speculative and unpredictable. It's important to do your own research and understand the risks before making any investment decisions. Additionally, it's important to keep in mind that the cryptocurrency markets are highly volatile and price can fluctuate greatly in a short period of time.
Long
by ANONMOUS20058
DATA OF BTC SHOWS A BREAKDOWN TREND :BACK TO START $9KWe have seen last time BTC stable, as we already did a breakdown of around 75% since the uptrend. depending on trend counting BTC is able to break down to the start point of 9K as the chart shows. Whale data shows last time in high % not a DCA positions trend, and most of the holdings are becoming lower with time, what means this for BTC, and are we going to see a much lower price for BTC coming time? This is an important question and it needs confirmation. At this time there is no uptrend confirmed, as BTC needs first to hit above 18K. IF BTC CAN BREAKDOWN 75% since 69K THEN IT'S NOT A HIGH DIFFERENCE TO BREAKDOWN down MORE TO START POINT of $9K. this may be a mirror effect of previous increases in 2020 as the chart shows. if this effect happened again then its an effect we have seen more times on crypto coins. Are we going to get the free falls, as we did get before There is a possibility that we are going to enter into much more down volume so that new volume will enter BTC. Most of the time when the price of BTC stays for the long term stable, the effect comes in later moments huge. Manage always your risk at these times. This is not trading advice, it's our view for BTC. The words of Warren Buffett f you offered me all the bitcoin in the world for $25, I wouldn’t take it, says Warren Buffett And there is also users that for sure thinking BTC will hit the 100K.. time will learn
Long
by Goldenbreakout
3
BTCUSDHello everyone! Hope you doing well, I closed my Short positions yesturday and currently im waiting for a next #Long move to get liquidity at the upper border, after which the fall will continue, my on-chain metrics at very high values, which signals a short position, I think that when it reaches 17300-17400, the indicators will strongly signal the opening of a short position, after a successful withdrawal of liquidity, we will sink to the bottom. At the moment I opened a Long position with a short stop at 16300
by MMJtop
#btcstarburst Bull Market?If we are at a bottom… and assuming FUD doesn’t creep int to intentionally suppress the market because it does, it always does… The fact is Bitcoin is tied globally to all trading markets so crypto feels the pain when when the S&P hurts… Alright back to it, the green trading above BTC is extremely Bullish… In the middle FUD must be in the air ( pullbacks are happening and stuff, taking profits…) Below the orange Bear market crap show… world trying to get it together great time to Dca into smart Projects not just Crypto… If the halving event timeline proves true we are on course for a macro cup and handle..: This is just a Gann study (3 years now) lines are support and resistance… I don’t really trade I do research… projects of interest. Ones that will change the world…
BITSTAMP:BTCUSD
by Jonnycatx
Where Do I Buy Bitcoin? - My BreakdownWith a lot happening in the crypto market right now (not much positive) we have to consider bitcoin playing out based on the video I did a few weeks back which I linked into this description. So I thought it was prime time to start giving a breakdown of some limit order options I am keeping a close eye on. If you like this content, please do hit the little rocket ship button in the bottom right, ask any questions you may have and feel free to post on your socials. Have a great day!
BITMEX:XBTLong
by TraderCobb
2
InvestMate|Bitcoin An opportunity to seize💰Bitcoin An opportunity to seize 💰My attitude about Bitcoin has not changed, a bullish stance still prevails with me, especially after today. 💰After the US inflation readings in which I perfectly predicted that there would be a decline and a strengthening of the dollar. I invite you to read my post on the dollar that I published on 7 November. 💰Everything I wrote in that post came true. 💰After the Republicans won the mid term elections the dollar strengthened. 💰Falling inflation which is currently at 7.7% Has cooled markets' anticipation of the next interest rate hike. 💰The market is currently pricing in an interest rate peak of June 2023. 💰Consequently, the market is already discounting in advance, as is always its nature, a strengthening of the dollar. 💰This opens up a great opportunity for Bitcoin. 💰Since the peak, we have already made a drop of a full 77.41% 💰For halving there is still some time to go, with predictions it is expected to fall in the first half of 2024. 💰As we know from bitcoin's halving history, it has generated a new upward wave every time. 💰Will this be the case this time too? 💰Looking at the fact that we were in accumulation at the 20k level for about 140 days after which we hit new lows, which were very quickly overbought. 💰In the past, such dips to new lows were not so quickly bought. At a time when the Bitcoin market was not so regulated, dips after accumulations were left alone. 💰Currently, we find ourselves in slightly different times. 💰In a time of big interest groups interested in profits in the cryptocurrency market, I'm talking about the big investment funds and banks, colloquially known as whales. 💰Looking at the volume and purchases that are currently taking place on bitcoin, I can only guess what levels the big players are dreaming of. 💰Being aware of the high correlation that exists between bitcoin and the world's most important index, the S&P500, I see a large divergence in this rule in recent days. 💰There has been a divergence of sorts, juxtaposing the recent rises in the indices with the falls in bitcoin 💰Was it a simple desire to ride for stops of exchange players and clear positions, looking at the losses reported by players here we are talking about billions lost as a result of falls to new levels 💰Assuming we are at the bottom. And that a return to lower levels is unlikely. 💰If we were to rally further I would watch the area around 16.5k. As there are strong fibo levels there which would provide very strong resistance in the event of a bottom. 💰Going back assuming this is the bottom, I decided to use a fibo grid measurement from ATH to the bottom which shows that the fibonacci levels overlap beautifully with previous resistance and support. 💰Please note with what precision they delineate past points of interest. 💰I also decided to use the pitchfork projections and again the overlap of the pitchfork lines coincides perfectly with the key resistances that bitcoin has ahead. 💰I am until amazed at this accuracy. 💰To top it all off using the divergence strategy on the MACD histogram. We have another bullish signal for the collection, the divergence unambiguously shows the moment to buy at the current location. (The histogram is smaller and the price is lower) 💰Let's hope the downtrend on cryptocurrencies is a thing of the past 💰My opinion on Bitcoin does not change, I still think we are in great places to buy. 💰I hope my extensive analysis has helped you to better understand the Bitcoin chart 🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
6