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BTC bullish view ! Price might go up !Hi lads. BTC is still at the bottom of the ascending channel and trying to find a support at the moment. With SPX500 and NASDAQ being bearish with strong sell volume, BTC could go lower to 19.5k area at some point. But the important support area is between 19.3k and 20k area. I think bitcoin will find support at that range will head to higher levels. As i said before, BTC is still in its bear cycle. it is bearish in mid term. but i expect a short term bullish move. Support levels and resistance areas are clearly shown in the chart. Good luck and trade safe.
Long
by Mihan_Crypto
2
BITCOIN BIG DUMP !! WHAT IS NEXT ??Hi lads. So i have talking about a bullish scenario about bitcoin since last week. as you saw, the price jumped from 18.5k to 22.8k. Today we had CPI monthly update, the released monthly CPI rate was 8.3%. while the expectation was 8.1%. which means 0.2% higher than expected . So because of that the whole market crashed. SPX500, NASDAQ AND ALSO BTC started dumping after the release date. So, what about now ?? what will happen to bitcoin ? I think the whole scenario is bullish still. I think as soon as this correction ends, we will go higher and bitcoin will rise again. Also i think the current correction could end some where at 19.6k - 20.2k levels. and after that we can go higher in multiple waves. I will update this scenario. So dont forget to follow me and also like this idea. cheers
Long
by Mihan_Crypto
Remember this analysis wellAs you can see, the 13800-14500 area has the strongest resistance in the chart Bitcoin is really a bet that someone will come and buy at a higher price than you in order for you to sell and win But now the situation is reversed The bet now is that someone sells in order to buy at a lower price This is literally what happens After the war of statements between major traders and investors, you must understand this The safe buying area is 13800/14500 The investment period is 1-3 years in order to get a new peak It is too early to talk about profit taking After hitting the targets we mentioned, which should be the bottom, it should happen after the fluctuation in the price Then comes the period of stability (sideway movement) With low volume Then the volume increases And we see positive candles Then the climb will begin Finally, trade smartly and patiently Trade with your mind, not your emotions My greetings
BITSTAMP:BTCUSD
by WHALE_SIGNALS_ALERT
6
bitcoin price prediction june 6th-15ththese are the paths i can see bitcoin taking over the next week, all of these becoming a top before we get to 20-22k which will be the bottom. I see the top and bottom paths not being very likely, second top could be a scenario but I believe the 2nd from the bottom will be most likely. I see a slight pump if any then trading sideways for a few days to a week then dumping hard. THIS CHART IS NOT BASED OFF OF TIME BUT IT BASED OFF OF LEVELS, meaning this could play out in a few weeks or within the next few days, although this would be unlikely. this analysis is looking for a hard move but I could also see us trading sideways until july. PLEASE NOTE, a drastic move in the traditional markets could easily sway and invalidate this chart, however I see that unlikely and would bank on one of these playing out. the price action of bitcoin may not play out at the exact time lengths I have chosen but could be shorter or longer, but the levels (prices) would be the same.
by joshwashington
1
#BTCUSD - The momenth of truthHi guys! 👋🏻 🔔 In my last analysis I pointed out that Bitcoin will most likely retrace to retest the dynamic support, so it did. 🔔 The support withheld although lacking volume and bullish pace. 🔔 Both MACD and RSI seem bullish, so hopefully we will see a jump to 48000 and 49000. 🔔 If breaks below this support, then I'm afraid it will continue the downfall to 30300 ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
BITSTAMP:BTCUSD
by azizelliott
$BTCUSD - Decisive resistanceHi guys! 👋🏻 🔔 There is a strong resistance being tested by Bitcoin right now. 🔔 BTC will most likely drop to $37350 if doesn't break above this resistance. 🔔 There are strong dynamic and static supports on $37350 which should support the next jump to $49900 to complete this parallel channel pattern, which hopefully won't turn out to be a flag pattern. 🔔 $48K would be the first major resistance, if closes above $42000 🔔 If Bitcoin closes below $37350 it might as well drop to the lows of 2021 at $30275 ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
BITSTAMP:BTCUSD
by azizelliott
BTCUSD 1 hour - We need to break Resistance 2 to exit this boxThe consolidation continues, the momentum is building the government is not trying to crash crypto and it seems there are no big plays on the short side, which is interesting because that either shows their is heart or there is massive fear they could pull the rug out from under the whole entity. Perilous moments in advancement do not take a lot to knock down. Look at the path of the electric car. There is a gate and to pass through you have to pay. I really hope the Government is looking closely and getting paid. Soon they may also be replaced by the blockchain.
BITSTAMP:BTCUSD
by mindfree
$BTCUSD - Ending diagonalHi guys! 👋🏻 🔔 Bitcoin made an attempt to break the $59500 resistance and was pushed back. 🔔 Besides the strong resistance at $59500 there also is a dynamic resistance which now has created an ending diagonal pattern. 🔔 There also is an inverted head and shoulders pattern which is building up, so keep an eye on this formation as well 🔔 We have seen this pattern before, many times in fact, and it was a trend reversal pattern! So let's wait for a breakout to witness another uptrend move. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
BITSTAMP:BTCUSDLong
by azizelliott
$BTCUSD - Deeper correction is possibleHi guys! 👋🏻 🔔 Bitcoin lost $10K in value in a week after announcements from the SEC and the bill signed by the US President Mr. Biden 🔔 The 4-Hour Bitcoin chart looks very bullish, MACD and RSI indicators signal an upcoming short-term trend reversal. However, this reversal will firstly be interfered by a strong resistance at $62700. If Bitcoin does close above $62700 to continue the bull run it must close above a critical distribution zone at $65600 and $66100. 🔔 The daily BTC chart shows that more steeper correction is to be expected. Bitcoin after a retest of its new ATH at $69000 closed below April’s dynamic resistance. Price action of October 27, 2021 until the $69K was squishy, every impulse was followed by a strong correction. Hence, the uptrend of October 28 most likely was an expanded B-wave of Elliot’s Wave theory. If that is the case, then according to the rules, Bitcoin must complete another leg down to complete the C-wave and the correction. 🔔 The C-wave is most likely to be completed at levels near $52800 and $51600, where Bitcoin will reach the previous impulse’s resistance to test it as support and will retest the dynamic support of July 21, 2021. This retest will also reset MACD and RSI indicators to buy signalling areas. 🔔 Historically, November was Bitcoin's favorite month based on Bitcoin's monthly gains, hence a retest of levels above $60K is possible. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
BITSTAMP:BTCUSD
by azizelliott
7
$BTCUSD - Possible correction aheadHi guys! 👋🏻 🔔 Bitcoin buyers look very weak after a recent drop. The was a strong upward push from near $62900 level however the resistance of $65650 is still strong enought to restrain the further uptrend move of BTC. 🔔 I am expecting a retest of $62500 levels to touch MA100 and gain some power. To continue upward, Bitcoin must hang above $62500 and close above $65650 ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
BITSTAMP:BTCUSDShort
by azizelliott