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Bitcoinanalysis

Bitcoin's fall continuesIn the most recent events, Bitcoin has touched the lower levels of the resistance zones before it continued to go down. This gives us two likely scenario, both of which are indicating Bitcoin is going lower. The first one is that, from here, Bitcoin just decides to go lower, without going up again. The second scenario is that Bitcoin will make a slightly higher high, touching the upper part of the resistance zones. It is possible that we've already seen the bottom of this market. Therefore there is a possibilty that we won't see a break of the 15k support level. However, with the SPX falling, it seems more likely that the bottom is not in yet.
COINBASE:BTCUSDShort
by FetchTeam
Bitcoin Analysis 16.12.2022Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis:
by basictradingtv
16
BTC Downside TargetsDownside for BTC is easy to see. Lost the most recent levels and theres no support until the 14k. Wouldnt be surprised whatsoever to see lower than that with all of the CZ fud at the moment. Word on the streeet is the tether fud is also real but that comes back every season. If binance falls we will probably fall to the extremes. 5k is realistic even though people dont want to say it. Hopefully the bulls can come back and hold this thing around the 11k range. Wicking down to 6k is realistic. If the momentum is strong i would keep your eyes peeled for the 3k range of previous lows. Look for untested levels below dont be surprised if they hit. Personally 13.8k is imminent at this point. Unfortunately 6400 is the next strongest support if that is lost.
BITSTAMP:BTCUSDShort
by largepetrol
2
#Bitcoin Recoils from $18.5k Liquidation Line on Inflation FearsPast Performance of Bitcoin Bitcoin prices are down roughly seven percent from this week's highs. After a welcomed surge, lifting the coin towards $18.3k, BTC crashed on December 15. Nonetheless, prices are still within the December 13 bull bar placing buyers at a lead. Even so, in the days ahead, if BTC sellers flow back, forcing the coin lower, the bullish preview will be nullified. #Bitcoin Technical Analysis The path of least resistance in the short term is northwards. This position, regardless of the last three days' formation, has seen the coin expand and then dump from critical resistance. Presently, there is a three-bar bearish reversal formation with resistance at $18.5k. The December 14 pin bar has been confirmed with a bear bar following yesterday's drop. If BTC floats higher from spot rates, buyers will find relief, an opportunity for the aggressive ones to double down. Note that prices are trending roughly around the support at $17.5k. Further losses below $17k will, however, call into question the strength of the uptrend. What to Expect from #BTC? Bitcoin is dropping mainly because of fundamental factors. The U.S. FED expects even worse macroeconomic conditions in 2023. In the short term, losses below $17k will slow down the uptrend, swinging price action in favor of sellers. Resistance level to watch out for: $18.5k Support level to watch out for: $17.5k Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
Bitcoin(BTC/USDT) Heading Towards Bearish Yearly Close In the Analysis, Lets have a look at the Year-end targets for the Bitcoin price. Observations: -Bitcoin price trend remains more or less stagnant and consolidated below $18,000 -The strength of the rally appears to be weak due to which the buying volume is also failing to sustain the price above the gained levels -The BTC/USDT price is testing one of the pivotal resistance levels at the 50-day MA levels at around $17,800 -RSI faced a minor rejection but continues to be within a bullish trend Projections -If the BTC/USDT price fails to regain bullish momentum and rise above the 50-day MA levels, then it may again enter the bearish triangle that may lead the price towards the lower support. - Even though the price ignites a rebound, it would be after it registers a bearish close for the year 2022 -Besides, the Bitcoin price has ignited a recovery which currently appears to be minor with less bullish volume. This may hinder the rally's progress in achieving the immediate resistance levels above $18,700 by the end of the year -However, the RSI is incremental and hence a notable upswing may be imminent The Bitcoin (BTC) Price Prediction for the end of 2022 could be around $18,500 to $19,300.
by Coinpedia-Market-Insight
WEN 10k BTC?We may have to move February's flash crash too June.... anticipate a slow rolling crab market that see's gradual capitulation over time as consumers are roiled alive by inflation. Less new money is entering, and others are exiting ahead of a potential market collapse. Rents are being raised to cover increases to homeowner mortgages. It is what it is... There are other more desireable start ups doing actual business. You may be safer in small cap startups that produce an ebita.
Short
by BIG-BLACK-CRYPTO
#Bitcoin Floats to $18.3k before Closing as a Pin BarPast Performance of Bitcoin On December 14, Bitcoin briefly rose to register a monthly high of $18.3k before pulling back to stop levels. The good news for buyers is that prices are above the $17.5k level. Moreover, BTC remains within a bullish breakout formation as buyers take charge in the short term. In the days ahead, traders can look for entries to swing, targeting the next critical resistance level at $18.5k. #Bitcoin Technical Analysis Bitcoin is bullish, trading in a bullish breakout formation with identifiable caps at $18.5k on the upper end and $17.5k on the lower end. As long as prices are above $17.5k, there is an opportunity for traders to initiate longs on dips, targeting $18.5k and later $20k in a bullish continuation formation. However, it should be noted that the December 14 bar closed as a pin bar with a long upper wick. This points to strong liquidation as the day came to an end yesterday. If prices fall and BTC remains confined within the November 9 bearish engulfing bar, sellers will remain in control in the medium to long term. What to Expect from #BTC? Traders are upbeat, expecting more gains in the short term. All the same, BTC remains within a bearish formation, trending inside a bearish engulfing bar as sellers struggle to break above $18.5k decisively. Therefore, while there could be expansions in the short term, there must be substantial gains above immediate liquidation levels. Resistance level to watch out for: $18.5k Support level to watch out for: $17.5k Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
2
Bitcoin – liquidity collection will cause the dump!Hello, everyone! The target from the previous article has been reached and I think that Bitcoin will not grow above the current price. The upside correction has been finished and now it’s time to see the new deep dive. Let’s take a look at the 4h timeframe of the BTCUSDT chart of the WhiteBit exchange. I made a mistake with the short entry point at $17300 because I supposed that wave C have been finished there, but wave is extended and I decided to not close the short trade, I told about it yesterday in short update. Now I consider the reversal point, may be we will see one more local pump but it will lead to more severe crash. $18200 was the magnet zone because of liquidity of short traders. Now there are no any significant liquidity above, but we have a ton of liquidity below, I suppose the next impulsive bearish wave will collect this liquidity next couple of months. Best regards, Ivan
Short
by Skyrexio
10
#Bitcoin Rallying, BTC Bulls Target $18.5kPast Performance of Bitcoin Bitcoin powered above $17.5k on December 13, breaking key liquidation lines. With BTC rallying and buyers' belief cemented, there look to be more opportunities for upsides in the days ahead. Because of this, traders can look for entries to ride the December 13 breakout, loading the dips and targeting $20k in the days ahead. #Bitcoin Technical Analysis Bitcoin is within a bullish breakout formation. The consolidation of the first two weeks of December is proving to be an accumulation, a net positive for optimistic traders. A notable observation is that the breakout above November 30 high is the spike in trading volumes. With bulls in charge, traders can load on dips above $17.5k and November 30 high, expecting more gains ahead in continuation of the surge of late last month. At this pace, the next target stands at $18.5k, marking November 9 high. What to Expect from #BTC? Buyers are upbeat, but the formation is bearish from a top-down preview. Even though bulls are confirming buyers of late November, prices are within the bearish engulfing bar of November 9. This, therefore, qualifies bears from an effort versus result perspective. Resistance level to watch out for: $18.5k Support level to watch out for: $17.5k Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer