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Bitcoindollar

BTC Sell a break setup.Bitcoin - Intraday - We look to Sell a break of 57987 (stop at 59019) Short term bias has turned negative. We are trading at overbought extremes. There is no clear indication that the downward move is coming to an end. A break of the recent low at 58100 should result in a further move lower. The trend of higher intraday lows has also been broken. 50 1day EMA is at 54000. Our profit targets will be 55055 and 54054 Resistance: 60000 / 61800 / 63000 Support: 58000 / 56800 / 55000
BITSTAMP:BTCUSDShort
by Signal_Centre1
1
BTC #BTC Bitcoin Log Chart 1M ChartLike every other analyst, here is my BTC log growth curve price prediction. $80K+ incoming. Also, I believe the $20K price will be the bottom unless another pandemic like issue comes up to get in lower prices. I show the chart to the next cycle as well. I check the log chart daily so more to come. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. #cryptopickk #bitcoinprice #btclogchart
BITSTAMP:BTCUSDLong
by MillionaireEconomics
2
BTC Sell a break setup.Bitcoin - Intraday - We look to Sell a break of 61787 (stop at 62704) Daily signals for sentiment are at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible. 50 4hour EMA is at 61800. Bespoke support is seen at 61800 and, with the swing low at the same level, we look for a break of this barrier to trigger our shorts. Pivot support is at 58933. Our profit targets will be 59061 and 58161 Resistance: 63500 / 64900 / 67000 Support: 63000 / 61800 / 60000
BITSTAMP:BTCUSDShort
by Signal_Centre1
I was wrong (BTC Weekly)I was wrong. The Bitcoin bulls showed up. Over the last few weeks we've seen Bitcoin climb it's way up. Zooming into the lower timeframes we will see bursts of the bull volume we've been looking for (should you be a long term bull). At this moment Bitcoin sits around sits around $65.8k with the local top not being determined as of yet. Should you stick to the higher time frames like the Weekly, I would be looking for either a double top or a wyckoff distribution type of pattern. Regarding the wyckoff distribution pattern, I'm referring to the multiple tests of the resistance with fake rallys included over time with low volume but this move takes significant time to execute. As always, keep tabs on volume and the resistance/support levels. Happy Trading
BITSTAMP:BTCUSD
by tired_man_willis
Looking to buy into Bitcoin? Bitcoin has broke into a new all time high today as of right now the top is at $67000. Break of all time high is a superb bullish sign, however I am bit pessimistic about the short future. You hear it everywhere, Bitcoin has broke into new all time high, everyone is superb bullish, even my friends which never touched or looked at crypto told me about it.. something is just not right. It's funny how one can get blinded by green candles. ( including me :-)) 90% of people will look at what happened when Bitcoin broke previous all time high at $20000, a rally to $42000 has followed before a real correction. (That's over a 60% increase in 20 days) The thing is, Bitcoin has been rallying from $40,000 into current $66,000 area without either a correction or at least sideways movement. The daily signals with weekly are really bullish, so how can one buy Bitcoin when it's at such overbought extreme? As you may know, I like to use 50 daily EMA as proper retracement level as Bitcoin very often visit this level in the end of a correction, that's where I will look to buy at. 50 daily EMA is currently located at $51600, so am I looking to rebuy at $51600..? Well I would like to but as time goes by the 50 daily EMA also grows so I will look to buy back once Bitcoin hits the bespoke 50 EMA. Why do I think a correction is coming? I am mostly base my prediction on the fact that Bitcoin is really overbought and especially on MACD, which suggests a continued bearish divergence as the buying volume continues to fall, however the price continues to increase. Another thing, a more important one, is the fact how high both EMA levels are, they are currently in all time high levels and from history, MACD being in this territory led to a stronger 25-30% correction which led the price to visit 50 EMA. To me personally it seems like Bitcoin is currently on the apex of the current short term rally. And of course if you are looking to buy into BTC, the best strategy is to dollar cost average, but here I am looking at Bitcoin from a swing trade perspective or making a bigger buy than usual! PS: Not a financial advice :-)
COINBASE:BTCUSDLong
by TiborVrbovsky
3
BITCOIN : UPTREND | PRICE IS GROWING FAST LIKE PREDICTED...The Bitcoin Strategy ETF from ProShares will become available to investors on the New York Stock Exchange on October 19. Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Have a Good Day Trading !
COINBASE:BTCUSDLong
by FOREXN1
2
BTC Bitcoin Double TOP Price TargetI am thinking about the Double TOP theory of Bitcoin because of ARKK fund sale of Coinbase. A double top is a bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. On 10/12/2021 ARKK fund sold 5,855 shares of COIN COINBASE GLOBAL INC, for about 1.5Mil usd. When the fund starts a sell, it`s usually a multiple day sell on "small" positions. In this case it was 1.5Mil worth of shares. Is Cathie Wood`s ARK fund anticipating a top in the crypto space right now? After extending the Fibonacci retracement tool, my price target is 48700usd for Bitcoin right now. I`m looking forward to read your opinion about it.
Short
by TopgOptions
15