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Bitcoinanalysis

Bitcoin & Cryptocurrency results of 2022 and plans for 2023-2025Today we will try to summarize the results of 2022 and look a little into the future. What can we say, We think few people will deny that 2022 is one of the worst years that we have seen and consciously felt. Painful both separately for the participants of the crypto world and in general in the context of the economic, military and geopolitical situation in the world. In 2022, the value of most cryptocurrencies fell steadily, almost with no corrective rebounds upwards. At most - prices were stuck for several weeks in the sideways correction and then fell again. But usually, after a black streak comes a white one, so let's turn the 2022 page and look into 2023-2024-2025 Here is the BTCUSDT price chart on the monthly time frame Although the history of Bitcoin trading is not so long compared to other financial assets or indices, but a certain cyclically can be traced over a 12-year period. The behavior of BTC price movement can be divided before and after "halving". "According to the algorithm, the reward for the mined BTC block is halved +/- every 4 years, and the event itself is called "halving". On 28.11.2012, the first BTC halving took place. Back then, crypto was something completely unknown for 99% of people, then on a regular desktop computer, you could mine a BTC block and get a reward of 50BTC. From 28.11.2012 to 09.07.2016 - the reward per block was 25 BTC From 09.07.2016 to 11.05.2020 - the reward per block was 12.5 BTC Now the reward is 6.25 bitcoins, and from April 2024 (the projected date of future halving) it will be halved to 3.125 BTC. As the complexity of mining increases every day, the rewards will decrease until there are no bitcoins left to mine. Only 21 million bitcoins can be mined (and of these, 3-4 million are considered irretrievably lost). Calculations indicate that the last block should be mined in 2140." To summarize: after each halving, the supply of new BTC that can be sold on the market is greatly reduced, which according to the law of "supply and demand" only stimulates the price growth." If the BTC price is growing, which is already regarded by many as an "index of cryptocurrency stability", then altcoins are growing much more strongly in parallel. For example, we recently made an interesting idea for LTCUSDT. Litecoin is mining and has a halving on the same block as BTC, but the halving comes a little earlier. We describe it in more detail here If you are interested in when to sell your LTC, read and analyze. If we analyze the behavior of the BTCUSD price, we can confidently state the regularity and cyclicality: + BTC price minimum January 2015 + 17 months = "halving" July 2016 + 18 months of the rapid growth of the crypto market until December 2018. + BTC price minimum December 2018 + 17 months = "halving" May 2020 + 18 months of the rapid growth of the crypto market until November 2021. Now we prospect this pattern for 2023 - 2025 + If the minimum BTC price was recorded in November 2022 + 17 months = projected "halving" April 2024 + 18 months of the rapid growth of the crypto market until October 2025. This assumption, at least, has the right to life, and we remain to be closely monitored for it. Our expectations for 2023: - January 2023 - continued consolidation and bottom formation in the range of $16000-19000 - February 2023 - a shot up to $28000 - March - October 2023 - prolonged consolidation under the level of $28000 - autumn 2023 - breakthrough and consolidation of the BTCUSDT price above $28000 In 2024, a stable growth trend according to the fractal is expected. Autumn 2025 is the maximum price for possible future growth trend. Altcoins in 2023 may be less patient and start "shooting" up in the spring-summer of 2023, while the BTC price is in consolidation. By organizing a mini alt-season in 2023, the "big players" will be able to show that the market has come to life. They can hint and lure "new and fresh" money into the crypto world for a joint and powerful growth of the crypto market in 2024. This is a very necessary thing after a bunch of negative events in 2022. These assumptions also complement our analysis, which we wrote about the possible capitalization of the cryptocurrency market in 2023-2025 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
81
Bullish Outlook with Potential TargetsUpon scrutinizing the 4-hour timeframe, Bitcoin's chart reveals a compelling bullish scenario. The support line, characterized by a noticeable upward slope, is forming significant higher lows, indicating a strengthening upward trend. Notably, a flat resistance level at 37,900 is proving to be a formidable barrier, temporarily halting further upward movement. This has given rise to the formation of an Ascending Triangle pattern, a bullish continuation signal. The interplay between ascending support and a flat resistance level suggests potential upward momentum once the resistance at 37,900 is breached. This is promising setup for strategic entries, eyeing targets at 39,000, 41,000, and 43,000 for potential bullish moves. Learn more about triangles -
INDEX:BTCUSD
by Vestinda
2
Bitcoin Idea - BTCUSDT and BTCUSDHey, fellow traders, Let's delve into the intricacies of the Bitcoin price chart, dissecting the recent market movements with a keen eye on technical analysis. Here's a comprehensive overview: 1. Preceding the ascent to the $40,000 threshold, the market witnessed a corrective phase, experiencing a pull-back to the $34,000 level. 2. Post the retreat to $34,000, there exists a conceivable scenario where the price undergoes a neutral fluctuation within the $33,500 to $34,500 area, persisting for a duration of either 24 or 48 hours. This is attributed to two key factors: A. Fundamentally, the market's trajectory is influenced by multiple factors, from US news and developments these days to Black Friday 2023. B. In a speculative sense, this could serve as a respite for bullish traders, paving the way for a robust upward movement, aiming to breach the resistance at $38,000 and achieve a historic milestone at the psychologically significant round number of $40,000. In the realm of technical analysis, terms such as " pull-back" and " neutral fluctuation " are indicative of corrective phases and consolidation, respectively. Traders should remain attuned to these dynamics, incorporating them into their strategy to navigate the evolving market conditions. Stay vigilant and trade wisely . Arash COINBASE:BTCUSD BINANCE:BTCUSD BINANCE:BTCUSDT COINBASE:BTCUSDT 🚨 Heads up! what you're about to read is my take on the market. It's a mix of my own experiences, some real trades, and general observations based on what's out there in the public domain and historical data. The disclaimer: I'm no financial guru, so whatever moves you make in the trading world are totally on you, my friends. ✅ Got queries or suggestions? I'm more than happy to chat about any currency pair or index in Crypto Market or Forex that's tickling your fancy. Let's decode these markets together! 📈✨
by Arash-RK
Bitcoin bull run to $170,000 or to $1,000,000 imminent?Highlights: Two paths, the least bullish path to $170k and a more bullish path to $1M Next major pivot is still on June-Aug 2025. Next #BTC targets are $170,000 and $1,000,000 1. path to $170k - A flat with a corrective wave going up to $170,000 and a sharp correction afterwards before another major bull run in 2025. 2. path to $1M - A 5-wave up to $1M 3. TIME ANALYSIS: The next major time zones are still on 2025, which means the ongoing upward movement may lust until then. I used fib time zone from the base of Dec 2018 to the highs of June 2019 as the first major fib time zone. The next fib time zone is from the base of March 2020 to the highs of April 2021. Just see the accuracy of the time zone below. 4. The fibonacci levels used are created by a fib retracement on the very first wave 1 to wave 2
BNC:BLXLong
by Bullyena
Bitcoin 28000 in August. And when we find the bottom? BINANCE:BTCUSDT The problem with technical analysis - we have a so much indicators and technics which showed us different numbers. On candles chart youll see another numbers, with lines totally different, and also on different timeframes either will show one more side of chart, so we dont know which one is correct. BUT Daily timeframe chart on BTC in Line chart look like this now. Possible Targets ➡️Downtrend line with 2 perfect touches, waiting third touch, most likely with rejection again around 28000 ➡️Between 28000 - 32000 now very strong sellers zone, which I dont think we break in August. ➡️ After test 28000-30000K we can slowly going down but over downtrend line to buyers zone again 19000 by end of September/October ➡️19100 Previews ATH 2017 and around 13100 in 2018 by line chart so I think we will hold the line and dont break this levels ➡️ The crowd is waiting 10-5K the same like Crowd waited 100K - huge trap! ➡️ My most negative scenario is around 15300 in November - test global yearly support line so everyone open short and waiting 10K sure ➡️ After October Im expecting sideways move and total disbelieve on market, so in November we slowly start new cycle. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. * Look at my ideas about interesting altcoins in the related section down below ↓ * For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light