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Bitcoinanalysis

Bitcoin Wants To Dump Further After a RetracementBTC/1H after breaking the downwards parallel channel , we bounced back at ~23.7 (blue up trend line) and started to goin up for a liquidity grab ( might touch the white horizontal line or pink trendline) After that it will continue back down to 21.7 or even ~20500. Dont foget bitcoin pumped when NY stock market was consolidating so we have lots of fake pump to remove detailed explanation on Ive decided not to record videos due to low mic quality. new mic will arrive friday night. Please Follow,Comment,Boost if you find this video informative.
Short
by pcmonk
Bitcoin Catastrophic Move On FOMC DayBTC/1H forming a parallel downwards channel After 3rd touch at 25.2 and jebating everyone with that Ascending Triangle. bitcoin invalidated the triangle and started bleed down slowly to ~24K showing Bears are comin into the market again and bulls are running out of fuel. Please Boost,Comment,Follow if you find this video informative!Really motivates me to do more. There are some buy pressure still which I think bulls can try to push the price back to 24.8 for the last time before a catastrophic move to the downside ~22.4 or even a capitulation candle to 21.1 Detailed explanation with lot more to covered on video Thanks for watching
BINANCE:BTCUSD.PShort
by pcmonk
3
Bitcoin Drops 4% From Resistance, Will BTC Hold Above $23.5k?Past Performance of Bitcoin Bitcoin is roughly down five percent from this week’s highs, below $25k, and weaker than last week’s performance. Although the trend remains bullish, how prices will react in the coming few days is yet to be seen. Even so, as long as prices are above $23.5k and the $24k support zone, buyers stand a chance. Bitcoin Technical Analysis The path of least resistance is northwards. Prices have been consolidating in the past few days, trending within the $23.5k and $25k zone. Technically, traders can wait for gains above $25k to load the breakout, targeting $28.5k. Before then, the contraction of prices to spot rates and the failure of bulls to push prices above the immediate resistance level is a concern. Considering the state of affairs, swing traders may take their profits and wait for the reaction at $23.5k. Losses below this support with rising volumes will swing to favor sellers targeting $21.5k in the short term. What to Expect from BTC? Traders are upbeat at spot rates. After a solid performance, the cool-off was expected. How prices react at $25k and $23.5k will shape the short-term price trajectory of the coin. Resistance level to watch out for: $25k Support level to watch out for: $23.5k Disclaimer: Opinions expressed are not investment advice. Do your research.
by Bitcoin_Analyzer
#Bitcoin Uptrend Valid, Liquidation Line at $25kPast Performance of Bitcoin Bitcoin prices are holding on, firm, and near last week's highs when writing. There must be a sharp close above $25k for the uptrend to be sustained. On the lower end, support lies at $23.5k. As it is, traders can search for longs on pullback above immediate support lines. More gains above last week's highs would reassure buyers, possibly building the base for the next leg up. #Bitcoin Technical Analysis BTC is in consolidation. The surge of February 20 reversed losses, reassuring bulls that the uptrend is valid. Even so, there could be more opportunities above $25k. If the breakout above the immediate liquidation level is with rising volumes, BTC may float to $28.5k in continuation of February 15 gains. On a more cautious outlook, any slip below the $24k and $23.5k support level will disqualify the bullish preview, especially if the dump is with expanding volumes. What to Expect from #BTC? The trend is bullish, which will remain as long as BTC is inside the bull bar of February 15. Technically, traders can look to double down on dips, syncing with the primary trend as they expect more gains in the sessions ahead. Resistance level to watch out for: $25k Support level to watch out for: $23.5k Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
Bitcoin Consolidates Near Q1 2023 Highs, Resistance $25kPast Performance of Bitcoin Bitcoin is within a bullish breakout formation as long as the coin is above the $23.5k and $24k support. There is accumulation at present, and the coin may push higher, provided prices are within the February 15 bull bar. Bitcoin Technical Analysis Since BTC prices are within the February 15 bull bar, the upside will be confirmed should the coin surge above $25k. Support is at $23.5k and the 20-day moving average. From the effort versus result setup, buyers are in control. However, considering the present consolidation and tight trade range over the weekend, prices must break out in either direction. Gains above $25k could see BTC spring to $28.5k in a bullish continuation. What to Expect from BTC? Traders are upbeat, per the performance in the daily chart. In the short term, prices are consolidating but could tear higher if there are gains above $25k, as mentioned above. Still, traders should watch how prices react at $23.5k if there is a cool-off from spot rates. Resistance level to watch out for: $25k Support level to watch out for: $23.5k Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
Bitcoin Fake Pump Before Major CrashAs Ive said in previous video (link to related ideas) we were jebating longs before going into a crash . we pumped to 25K to retest that price which is eight month high and the origin of previous downtrend.we now formed a double top on high time frames (3h 4h Daily) Please Follow,Comment,Boost (if you agree) it REALLY motivates me to do more. We pumped 13% in one day and dumped 8% the day after showing sign of heavy rejection and more yet to come. since we consolidated at most levels from 20K to 25K , a capitulation candle downwards ( at least 13%) could happen any time but personally I think S&P500 must be ~3800 and DXY ~104 for that to happen maybe a retest around ~24400 then come back down to 22800 and if that support didnt hold ~20500 More details and liquidation clusters in video Thanks for watching
BINANCE:BTCUSD.PShort
by pcmonk
#Bitcoin Trading At A 6-Month High As Buyers Aim For $28.5kPast Performance of Bitcoin Bitcoin prices are ripping higher, recently printing new Q1 2023 highs, per the formation in the daily chart. After fears that the coin has peaked in mid-February, the resurgence of the past two days has lighted up demand, rejuvenating buyers. As long as prices are trading above $23.5k, the uptrend is valid, and traders may look for entries on dips. #Bitcoin Technical Analysis The path of least resistance is northwards, and BTC is retesting August 2022 highs. As it is, buyers can ramp up on every dip above $23.5k, expecting further gains toward critical reaction zones of 2022. Notice that, on February 16, prices retraced. However, since BTC is within the February 15 range of Wednesday, the trend is up and buyers are in a controlling position. At this pace, BTC may soar to May 2022 lows at around $28.5k. What to Expect From #BTC? Bulls are in control, and the trend has shifted back to green after the blip of February 14. As BTC bottoms up from the pits of 2022, the coin will likely continue to tear higher as long as prices are above $23.5k and February 2023 highs. Resistance level to watch out for: $28.5k Support level to watch out for: $23.5k Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
BTC Bulls Are Back or liquidity grab ?BTC/45M Before the pump yesterday, WE formed a pennant (two purple lines bottom left) then we legged up insanely to ~24900 but did not touch the origin point of resistance ~25212. now we are forming the same pattern (two red line top right).so this could go up to ~28600 with this momentum that its showing. Green drawing shows the wave of the pennant which both have the same wave. pennants usually are sign of continuation and if they fail it could be a jebait or a complete retracement. My personnal bias is down side due to market and world economy situation. Also made a video today which unfortunately is in DXY category in link to related ideas Please Comment,Boost,Follow if you find this interesting
BINANCE:BTCUSD.P
by pcmonk
Bitcoin Bull Market Back Or Fake Pump?BTC/3H Back to the rising broadening wedge Please Boost,Follow,Comment it MOTIVATES me to do more for real!! Yesterday we were inside a rising wedge but we Also were forming a pennant at the top of the wedge which was a sign of continuation to the upside. we exited the wedge and we went to ~24900 (Touching the top of our rising broadening wedge). there is a resistant ~25214 which it jebaited it and not reached it YET , we could legup and liquidate all the high leverage shorters or crash back down we could also go higher and touch ~28K then start forming a new range between 28k and 25k which is less likely to happen. More liquidity to the downside than upside and that is the reason why we go up with less volueme than we go down. Thanks for watching!
TVC:DXYShort
by pcmonk
#Bitcoin Emphatically Reverses Losses, BTC Roar Above $24kPast Performance of Bitcoin Bitcoin prices are up 16 percent from last week's lows, reversing losses of February 9, and, most importantly, trending in a new Q1 2023 high. Based on this formation, it is clear that the trend has shifted and buyers have the upper hand. With the coin above $24k and roaring with expanding volumes, traders can look to double down, targeting $25k or better in the days ahead. #Bitcoin Technical Analysis Following gains on February 15, building on the rally registered early this month; Bitcoin bulls are firm and in control. Notably, the reversal of February 9 is a net positive for buyers. Since BTC is above $24k, it is clear that buyers are back in trend, moving in motion and syncing with buyers from mid-January 2023. This preview is valid from an effort versus result perspective, an endorsement of buyers who emphatically reversed losses of February 9. As it is, conservative traders can load the dips after yesterday's decisive break above the consolidation of early February at $24k. What to Expect from #BTC? Prices are back to green after the breakout above consolidation. Notably, the push above $24k and February highs was with high participation levels signaling interest across the board, a net positive. Resistance level to watch out for: $25k Support level to watch out for: $23k Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
#Bitcoin Recovers, Trend Remains Bearish With Support at $22.5kPast Performance of Bitcoin Bitcoin is firm when writing, springing higher from the $22.5k support line. BTC is up two percent in the last 24 hours, steady, and likely to build on yesterday's gains. Even though prices are inside the bear bar of February 9, gains are with rising volumes, pointing to participation, a net positive. As we advance, traders can search to fade the primary bearish trend, especially if today closes as a solid bar. #Bitcoin Technical Analysis BTC is inching higher. Volumes are relatively firm, considering the lull of the past few trading days. However, volumes are comparatively lower than those of February 9. In the days ahead, conservative traders can wait for a clean break above $23k, reversing the losses of the mid-last week. Notice that bears are still in control from an effort versus result perspective, especially considering buyers have yet to recover losses. February 9 will define the short-term going forward. Losses below $22.5k with rising volumes mirroring last week may trigger a sell-off towards $18k in a bear continuation formation. What to Expect from #BTC? Considering the trend of the past few months, buyers may have the lead. Prices are moving inside the bull range from November lows to February highs. Nonetheless, BTC remains in a bearish breakout formation with caps at $23. Bears have the upper hand if buyers break above this line, reversing losses. Resistance level to watch out for: $23k Support level to watch out for: $22.5k Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer
#Bitcoin under Pressure, BTC May Drop To As Low as $18kPast Performance of Bitcoin The bitcoin price is lower at spot rates, down five percent in the last trading week. From the daily chart, BTC remains within a bearish breakout formation, below the bull flag. On February 13, prices edged lower as the bar aligned with the lower BB, signaling broader weakness across the board. Presently, sellers remain in control, a preview that is valid as long as BTC is trading below $22.5k. #Bitcoin Technical Analysis Sellers are in control as per the current price action. As aforementioned, traders can search for entries as long as prices are below $22.5k. The immediate support line lies at $21.5k and last week's lows. There will be more opportunities for traders should BTC prices slip below this line. In that eventuality, traders can double down, aligning with the bear bar of February 9 as they target $20k and $18k in the days ahead. What to Expect from #BTC? The path of least resistance is southwards. This development is primarily because of the deteriorating macro factors. Any dip below $21.5k may fast-track the sell-off that may see BTC dip to as low as $18k, the 78.6 percent Fibonacci retracement line of the November to February trade range. Resistance level to watch out for: $22.5k Support level to watch out for: $21.5k Disclaimer: Opinions expressed are not investment advice. Do your research.
Short
by Bitcoin_Analyzer