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Bitcoinforecast

Bitcoin Multi-Timeframe Analysis 28.01.Hello Traders, welcome to this free and educational technical 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 of this asset:
by basictradingtv
32
Hello Death Cross and Lower High With Waning VolumeI don't really know what all the excitement is about. On Weekly it seems like BTCUSD is entering a Death Cross suggesting a longer bear market. The price is fast approaching the 50 and 200 MAs so that will certainly play an important role. In addition Bitcoin finished the week with a lower high and the volume is clearly waning. Therefore, I think Bitcoin will start dropping soon. From a fundamental point of view, I would not be surprised if the Fed decided the markets are too optimistic right now and throw in a 50-point increase to reign in the dollar. That would send shockwaves through all the risk assets.
BITSTAMP:BTCUSDShort
by MT4-trader
2
BTC: This can be it! Since the low on November 22, 2022, bitcoin has already gained over 50% in value. Nothing unusual for the crypto world, but this time it seems to be an impulsive 5-pointer. This means that the bear market may be over. According to my Elliott wave analysis, we have now seen the low in bitcoin at $15482.03. Should we build a clean 5 divider - meaning bitcoin reaches at least the 261% extension at $23.985 before the next correction, we should see sustained further gains. Under no circumstances should bitcoin fall below 18377$ before reaching this extension. If that happens, then we are still in a bear market. What do you think about the bitcoin? Do you think we have already seen the low?
BITSTAMP:BTCUSDLong
by DavidJankowski
1
Possible bottom for the year is inWe've got quite a few things going on with the markets but one thing I can't ignore is the fact that Bitcoin had a massive dump after FTX that liquidated huge players. SBF played games with investor funds where he shouldn't have. What happeend to Bitcoin, though? It would appear nothing since we're trading higher than we were when that news dropped. BTC has remained resilient while equities have been running through an emotional roller coaster the last few months. We're sandwiched between some key levels, but if the stock market does have a significant pullback and if it takes crypto with it, I would like to see SPX make a new low while BTC making a higher low. Don't be surprised if your alts pull back significantly. Go look at my thoughts on BTC.D Dominance. There are key hints there. I've been bullish since the end of December, but right now, I am skeptical for significant upside. Likely we will test the supply near the August highs, but from there we will probably pullback into demand, which I've outlined. That'll be where you *might* be able to catch a decent spot buy. Good luck!
Long
by bitdoctor
🔥BITCOIN price SP500 FOMC-Fed Funds Rate. Next week will be hotEarlier this week, we published a possible trade for BTCUSDT. It is still in the process of being worked out. The trade was based on the assumption that sellers would make every effort to protect the $25k area from an upward breakout. And it is justified and logical to cover at least part of the long positions in this zone. But looking at the weekly candlesticks, we can see that the growth is only accelerating. If buyers manage to break the stops of shorts above $25,000, this may provide additional fuel for a sharp 1-2 day impulse to the $27500-28,000 area. And after a correction to the $20,000 area is possible, and theoretically, this will not be bad for the future growth trend. We would also like to remind you that on 01/02/2023, the FOMC will meet to announce the new Fed rate. The forecast is +0.5%. It is difficult to predict how the markets will react, but increased volatility in the markets will be guaranteed. And at this point, We would like to remind you that sitting without a position is also a position and perhaps the most difficult position) The SP500 index is on the verge of an upward breakout, but even traders by large companies included in this index are waiting for what the Fed will say. Therefore, in our opinion, it is worth keeping an eye on two possible scenarios. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
47
Bitcoin bounced just as expected, & Possible scenarios.$BTC bounced off the support just as expected and reached my first TP (take profit) at $23,800. $BTC rejected hard and dumped very fast after reached the first TP unfortunately though, which was honestly unexpected. After this current rejection, I have charted possible bearish scenarios, as well as the bullish scenarios of course. I am still going to hold my long, but I will be cautious and might hedge a short, we will see. $BTC is in for volatile times, personally I would not use high leverage during the volatility. FOLLOW ME for accurate FREE Crypto analysis/signals!
BITMEX:BTCUSD.PLong
by MarketAnalyzerFX
DXY Falling - Crypto and Bitcoin Rally vs Crash DXY ZonesThe market market rally has been fueled by the dropping DXY, but it's now close to important support. Will the DXY rally from here? Are we being setup for a disappointing FOMC announcement that could crash the markets, and see the DXY shoot higher? Or are we about to see a DXY breakdown here, and a 'Melt Up' situation in crypto -- before seeing another leg down in Q2 as the economy cools and the Recession really hits home? Either scenario is possible. Follow the DXY for clues. Here are my Rally vs Crash zones based on the daily DXY. Comments welcome below!
INDEX:DXY
by BrettFogle
1
Bitcoin is on the edge of collapse!Hello, everyone! Yes, this is just the bright heading, of course collapse on the Bitcoin will not be in February 2023. Now I anticipate just a correction to allow us to enter the long trade. On the 4h BTCUSDT chart we can see a lot of bearish signals and if it will continue climbing it would be really weird. The most bearish factor is the double bearish divergence on the Relative Strength Index RSI. We could choose any oscillator and all of them are showing the same. Divergence is the sign of the completion of the wave 5 and BTC should show us the correction soon. Another one important thing is the trendline support breakdown. I am not keen on trendlines, but this time it looks valid. Moreover the price was unable to reach the trendline resistance and bears took control before. The combination of these factors is enough for me to make the bearish forecast for the next week. In general, I suppose bullish rally is not over and we have to see another one leg up above $25k before the true collapse. The potential buy zone is still $20500 , there we have to watch out carefully on long trade setups. Best regards, Ivan ________________________________________________________________________________________________ If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
Short
by Skyrexio
6
BTC Wave B has begun!We are just waiting on confirmation of a break and close over the previous LH ($25,200) to confirm a sign of strength/Quasimodo. This will also further validate the near term protected bottom of 15.5k and present a once a year opportunity to buy the bottom/open short term longs at the retest of $17,600. Keep in mind, this short term bull run is only a 3-3-3 corrective Wave B and will face a major level of resistance around $35,900. We can only speculate for now.
BITSTAMP:BTCUSDLong
by HollowH34RT
2