Bitcoin to turnaround?Bitcoin - 24h expiry - We look to Sell a break of 20199 (stop at 20651)
We are trading at overbought extremes.
The bearish engulfing candle on the daily chart is negative for sentiment.
We look for losses to be extended today.
A break of the recent low at 20236 should result in a further move lower.
Our profit targets will be 19111 and 18711
Resistance: 21000 / 21250 / 21600
Support: 20600 / 20236 / 20000
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Bitcoinforecast
Bitcoin under wedge's support. High probability correctionAfter it soared last week, Bitcoin started to consolidate and although tried new highs, couldn't keep gains, and the price action was contained in a small rising wedge.
Yesterday the cryptocurrency has broken and rising support trend line and this could be an indication of a correction.
For a short term trade, I'm looking to sell rallies
BITCOIN UPDATES
Im expecting Price goes up here, but before that price ranging 20800-20500, then manipulate that previous low to induce short sellers, t
Then price goes back up, still price has room to goes up on previous high.
Trade base on your own decission, come and check me out.
I posted daily analysis.
BTC UPDAteS
Wyckoff distribution if price breaks 20500 again,
Wyckoff Accumulation if Price has momentum, I see 4hr and 1hr Breaks on Upside, lets see if price respect on certain level. 20500 is the key area to be watch.
Check me out daily analysis and Journal.
Lets gooo. Trade base on your decissions.
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BTCUSDT (BITCOIN) Daily: 15/01/2023: Is it correction time?
As you know, the crypto market had a sharp rise last week and showed a bearish reaction after touching the supply zone.
Now we can expect a bearish market till the time frame demand zone, but there is a huge liquidity pool above 21480 which may the price test this zone before fall. (I follow this scenario)
By studying the weekly chart, we can figure out that liquidity above 22800 can be interesting for market makers. ( because of that sharp rise, it is my second scenario.)
💡Wait for the update!
🗓️15/01/2023
🔎 DYOR
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Bitcoin to break higher?Bitcoin - 24h expiry - We look to Buy a break of 21651 (stop at 21097)
Trading volume is increasing.
A break of resistance at 21630 should lead to a more aggressive move higher towards 22000.
Daily signals are bullish.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 22877 and 23177
Resistance: 21630 / 22000 / 22500
Support: 21000 / 20600 / 20250
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
We’ve bottomedI copied the chart from the 2012 halving to the 2016 halving which is what you see above the current chart. I also copied the area between the 2016 halving and the 2020 halving which is what you see under the current chart. I then placed them exactly at the start of the 2020 halving and stretched them to the next approximate date of the next halving. Done.
Yes, it can be this simple. No fancy trend lines or over-analyzing the chart. As the old saying goes, “History doesn’t repeat, but it does rhyme.” I’m sure everyone is sick of hearing it, but it’s true. See you at the top.
Bitcoin- Temporary top in place?After the strong rise from last week and the top made on Sunday, Bitcoin started to consolidate.
The price action from the last 3 days is a rising wedge and this pattern can be the signal for a correction.
On the other hand, a clear break above 21500 could lead to a new up acceleration.
Anyway, from my speculative point of view, only a buy at 19k zone would make sense
BTC almost bottomHello Traders, this is my current view of bitcoin :
Btc was moving down inside the slope channel
The 3rd wave was confirmed by the increasing volume
There's possibility that 5th wave has started and the target is around 14.78k
Will wait for price action to go long around 14.78k
The invalidation is 13.9k
*I just shorted btc from 16.84k
Stop 17.01k
Target 16.5k 16k 15.5k 14.8k
Midterm Forecast for BTCCurrently we are at a resistance at the 200EMA on the Daily, a retrace is expected before we hit higher grounds 25k-28k (maybe even around 30k top).
Around these areas we have significant liquidity pools that marketmakers are going to grab, my midterm forecast is still bearish, sooner or later we will see the 12k zone.
Stay tuned and pay yourselves when you are in a winning trade.
$BTCUSD Bitcoin $21k --> $9.5k --> $69k --> $111k --> $318k BTC Price Live Data
The live Bitcoin price today is $21,121.37 USD with a 24-hour trading volume of $22,306,086,579 USD. We update our BTC to USD price in real-time. Bitcoin is up 1.28% in the last 24 hours. The current CoinMarketCap ranking is #1, with a live market cap of $406,898,443,180 USD. It has a circulating supply of 19,264,775 BTC coins and a max. supply of 21,000,000 BTC coins.
What Is Bitcoin (BTC)?
Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.
Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”
Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.
Who Are the Founders of Bitcoin?
Bitcoin’s original inventor is known under a pseudonym, Satoshi Nakamoto. As of 2021, the true identity of the person — or organization — that is behind the alias remains unknown.
On October 31, 2008, Nakamoto published Bitcoin’s whitepaper, which described in detail how a peer-to-peer, online currency could be implemented. They proposed to use a decentralized ledger of transactions packaged in batches (called “blocks”) and secured by cryptographic algorithms — the whole system would later be dubbed “blockchain.”
Just two months later, on January 3, 2009, Nakamoto mined the first block on the Bitcoin network, known as the genesis block, thus launching the world’s first cryptocurrency. Bitcoin price was $0 when first introduced, and most Bitcoins were obtained via mining, which only required moderately powerful devices (e.g. PCs) and mining software. The first known Bitcoin commercial transaction occurred on May 22, 2010, when programmer Laszlo Hanyecz traded 10,000 Bitcoins for two pizzas. At Bitcoin price today in mid-September 2021, those pizzas would be worth an astonishing $478 million. This event is now known as “Bitcoin Pizza Day.” In July 2010, Bitcoin first started trading, with the Bitcoin price ranging from $0.0008 to $0.08 at that time.
However, while Nakamoto was the original inventor of Bitcoin, as well as the author of its very first implementation, he handed the network alert key and control of the code repository to Gavin Andresen, who later became lead developer at the Bitcoin Foundation. Over the years a large number of people have contributed to improving the cryptocurrency’s software by patching vulnerabilities and adding new features.
Bitcoin’s source code repository on GitHub lists more than 750 contributors, with some of the key ones being Wladimir J. van der Laan, Marco Falke, Pieter Wuille, Gavin Andresen, Jonas Schnelli and others.
What Makes Bitcoin Unique?
Bitcoin’s most unique advantage comes from the fact that it was the very first cryptocurrency to appear on the market.
It has managed to create a global community and give birth to an entirely new industry of millions of enthusiasts who create, invest in, trade and use Bitcoin and other cryptocurrencies in their everyday lives. The emergence of the first cryptocurrency has created a conceptual and technological basis that subsequently inspired the development of thousands of competing projects.
The entire cryptocurrency market — now worth more than $2 trillion — is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies.
Thanks to its pioneering nature, BTC remains at the top of this energetic market after over a decade of existence. Even after Bitcoin has lost its undisputed dominance, it remains the largest cryptocurrency, with a market capitalization that surpassed the $1 trillion mark in 2021, after Bitcoin price hit an all-time high of $64,863.10 on April 14, 2021. This is owing in large part to growing institutional interest in Bitcoin, and the ubiquitousness of platforms that provide use-cases for BTC: wallets, exchanges, payment services, online games and more.
BTC - First Bullish after CPI, next Bearish start of 2023Neutral CPI or positive will drive Bitcoin, presuming up to 23100 area. There are a few resistance lines up the way, but we still have two weeks to dig thru those levels.
Technical target fib bases and aligning with this swing low to 23100 brings us 1.618 back to 10500 zone!
Very interesting level to expose again.
BTC WYCKOFF UPDATES
cOMPLETe method of Wyckoff. LEst see ON AR zone if it continues to goes down, I see wick on 1hr candle that makes red.
the 3 candles that makes green it means price still ranging, now its time for shorts buyers!
Trade base on your own decissions.
Thanks to all. if you like my Ideas give a like or suggest. Thanks to new followers for more analysis check me out.
I hunt liquidity on how market makers works. I trade only liquidity happens, if pairs not forming liquidity it means your the liquidity. becareful guys,,