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Bitcoinforecast

Bitcoin: the most probable scenario 2018-2022, boring but likelyThis is assuming the market psychology is the same now as it was after the 2014 bubble/crash. If the market cycles in bitcoin work like this - bubbles of speculative exuberance followed by crashes and long reversals - then this is what we'll see going forward. And, in all probability, this is the single most likely scenario. It won't be exact but it is the most likely at this point. I saw someone claim that bitcoin has had 9 bubbles in total and i think that's just the way this market works! It's prone to bubbles! So, in all likelihood, this is what we'll see going forward. I've just drawn roughly what happened between 2014-2018 onto the end of where we are now, 2018-2022 There's plenty of space for bitcoin to grow: ETFs, institutional involvement, infrastructure developments, regulation hurdles, and when all of this affects the price, the next wave of retail investors see it going up, get FOMO, and then it gets out of hand and that could easily be the next bubble. It took 3 years from the end of the 2014 bear market to get to the bubble we saw in december 2017. So, i'd advise against predicting 50k by the end of the year. I'd love it, but in all likelihood, it will probably be another 3 years until we see the next top, and that will probably be 250-300k in late 2021/early 2022. Sorry to be slow and boring, i know we all want 20k in the next 2 months but let's be honest, we have to consider the most likely scenarios here and having a huge upwards spike now would be strange. Possible, but not the most likely scenario. I'd also advice AGAINST thinking that the market has bottomed already. It's possible, but that would be a comparatively short bear market. In 2014, it lasted for about a year before it hit the bottom. That means we could well see one more move down to 5k (or a bit less) in around october. It could be over now, and it could be just a very short bear market, but again, that's not the most likely scenario. So be careful not to get too cocky too soon! In short; it's probably best to ignore those that say we're retesting 20k in the next few months. Unfortunately it's likely to be slow and boring for the next year. And the year after that. But if you take your time there's still plenty of opportunity ahead. It's possible that the market has sped up and we've bottomed already and we'll see the next peak earlier, but that will still be at least 2 years away. Dull and uneventful for the next year, but that's how markets work.
BITFINEX:BTCUSDLong
by milobowman
9
Bitcoin BTC price. Our expectations for the coming daysToday, we will offer you several possible trades on the BTCUSDT pair, and it's up to you to decide whether they are worthy of your attention or not. Today, the expiration date for Options & Futures on a number of financial markets. Expiration is bound to cause increased volatility, as it is a mandatory one-step settlement of previously concluded contracts. Someone will sell, and someone will buy, and the trading volume will be huge. This is our expectation for today: - Most likely, shorts will first try to push the price down as low as possible in order to settle at the lowest possible price. - And then many shorts will close positions. Closing a short position is market orders buying. Buying at the market orders usually provokes impulsive and strong growth. Since we can't really estimate how strong the volatility will be today, we put our expectations into 4 trades that fit within the framework of our risk and money management: 1) Entry $20301, Stop $19799, Take profit $22384, P/L 4.1/1 2) Entry $19411, Stop $18759, Take profit $22384, P/L 4.5/1 3) Entry $18771, Stop $18139, Take profit $22384, P/L 5.7/1 4) Entry $18201, Stop $17644, Take profit $22384, P/L 7.5/1 You can agree with these trades and try to trade them, or you can disagree and not trade them. However, you are obliged to write a comment under this idea and like it, so that TradingView can notify you that we have updated the idea and summarized the results of this trading situation. We would also like to note that all of the above trades fit into the structure of a possible continuation of the growth of the Bitcoin price, which was presented earlier: 1-day timeframe 1-week time frame 1-month time frame In total, the crypto market capitalization grew +20% over the month _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
65
BITCOIN UPDATESBitcoin moves confuses people, why its not yet moves down, lets dive in real volume, no bias on how market works. if the price has higher wicks it means the price testing that high,then it totally goes down, then back to that previous wick high. why wick? its only manipulation of the market, remember we have 3 sessions, Asian, London and US, the real volume makers are the NYSE, thats why its good to trade on High Volume sessions, As far As I know why most traders quit because they dont study charts and volumes. Wick is our enemy here, or the market makers on different sessions. They make more money for our entries, thats why its hard for new traders to accumulate dollar gains. As a trader you must know how to deep dive the markets. dont just sit and wait for ugly setup. sometimes you need to understand methods on how this guy makes more money than you. As you know wicks moves you will enter fast because there is OB there, all you can do is wait to comes back to that place then place an position thats how to trade safe, They said it tested already that zone, that trader dont know how volume works, deep dive on how wicks get us manipulate our buy and sell button, wait for a realy candle to comes to that zone, not the fake wicks.. Thats all I know on the wicksides.. Better understand how market and volume works. try use line charts to better know it. you will amaze how is this markt always goes up even the price already goes there, Wicks are the futures traders. so price can still goes to that direction. My best example is high volume that exceeds. then makes a wick. always remember the price is in future, it means that price can go that direction. Trade base on your own decissions. Dont listen to me. Just do your thing. If you have suggestions, maybe you should share with us. DOnt give up, Grow Up. Thats the number 1 thing you put if you want this job to get out the box.
BITSTAMP:BTCUSD
by D1GITALTRADES
2
Bitcoin Stalling At Key Resistance... Or Is It The "NEWS?If you've been trading and investing long enough... (For me 25 years) You know that the 'News' conveniently gets released, to support market moves that have already happened. Not always, but more often than not. This news headline today makes me laugh, because we clearly shot up to technical resistance. People who say TA 'Doesn't Work' also make me laugh, because TA is the visualization of the news being disseminated (Usually before it reaches the public). That, and the group psychology of the masses, or the 'Composite Man' as Richard Wyckoff originated. We caught that nice market pump over the past week and a half, and it doesn't take a brain surgeon to see that we're due for a short-term pullback. Likely then bouncing higher, along with the stronger Weekly cycle. But of course, it's all about the news and fear surrounding the 'rates and DOJ action'... Which of course gets priced in almost in real-time, once the bigger players, whales and hedge funds get this information first. Who else has watched the Netflix show Billions? "Are you certain?" "I am not uncertain" The world of investing...
Short
by BrettFogle
1
Bitcoin – you don’t believe in this scenario!Hello, everyone! Last time I told you that the bear market on Bitcoin has been finished, but I am not so positive and don’t buy the significant amount of crypto. Today I found that probably I hurried up making this conclusion. I believe that this pump is not over, but market is preparing the huge trap for “tothemooners”. Let’s take a look at the 1D time frame of the WHITEBIT:BTCUSDT chart. I finally reconsidered my Elliott wave formation. Global 4 still has not been finished. It is represented as a complex correction – almost untradable one, but one thing we shold take into account that the price will finally break down $15600 . This scenario now is in my favour. Now the BTC is finishing wave C of this so called complex correction. What actions on the market I am going to take? I found that the price reached the 1.61 Fibonacci extension, which is the natural target for the wave 3. Now I am waiting for the local correction to 0.38-0.5 Fibonacci retracement at $19500 to open long trades with the target at the huge order block at $22400 . Also at $22400 I am going to double my losing short trade with the at least potential pullback from there. Therefore, at $22400 I plan to have 12% of deposit in short trade to catch the final bearish impulse. Sorry, guys, that I have changed my mind again. I was so confused with this pump that cannot carefully analyze the price action. Now I have the plan how to eliminate the loss and receive the profit. Let’s see! Best regards, Ivan ________________________________________________________________________________________________ If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
by Skyrexio
33
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 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.
VANTAGE:BTCUSDShort
by VantageMarkets
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 💌It is my honor to share your comments with me💌
Short
by VahidTradingCR
7
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.
VANTAGE:BTCUSDLong
by VantageMarkets
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.
INDEX:BTCUSDLong
by CLAIR_V0YANT