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Bitcoinforecast

96k BTC still in the cards??This is just educational content trying to point out a potential scenario with BTC and plainly talking from a technical point of view of which you can throw the fundamental part away when looking at this chart. It may cause some feather to ruffle or a bowel movement to occur. All I know is this is a possibility. It was supposed to go to around 96kish on the measured move if in fact the triangle is real. I would expect a retest of this 69k at some point and perhaps quicker than expected. We will have to see who the crazy ones are.
INDEX:BTCUSDLong
by CryptoVallster
#BTC up 18% Since the last update! What's next?BTC Reached $18.7k! Almost 18% up since we called this RUN from $16200 a few weeks back. I am still holding the longs as shared on my other social platforms. Currently, it is trading at the resistance which was previously the support. So what do we expect next? The chart shows the possibility of a little pullback around $17.5k and then the continuation of the uptrend. I do not think this is a trap Yet. USDT Dominance is breaking a 430 days uptrend as we speak PRINTING A LOWER LOW for the first time in 430+ days. We need a successful weekly close below the 7.78% Level. If that happens, Consider it a confirmation of a green quarter. What do you think? Let me know in the comment section. Do show your support with your likes! Thank you #PEACE
Long
by Cryptorphic
1
BTC Bitcoin: Directional MovementToday you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD). The current upward momentum on the BTC price may be short lived as the RSI is very high in the overbought region. I have shown two directions which the price can move towards. Keep in mind that BTC price volume is still low, which is a concern. Expect some downward movement to cool off the RSI before price really makes a directional move. I have been calling drops on BTC since November and December of 2021. Be careful to not follow the hype train which many social influencers put up. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. 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. Do your own research! #millionaireeconomics
BITFINEX:BTCUSD
by MillionaireEconomics
BTCUSDT - Phoenix Ascending Points to $22KHi Traders, Investors and Speculators of the Chart📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩(will be moving to corporate some time in Jan 2023)🏫 By using two trusted technical indicators together, were able to get a near term price target for BTC : $22K. When used correctly, Bollinger Bands in conjunction with Phoenix Ascending can provide a highly accurate price target. From these two indicators it seems that Bitcoin may soon attempt resistance zone $22K. The ultimate question though, is if we will be able to CLOSE above this zone or if it would just be a wick, hunting for stop loses. Want to know which altcoins you should be watching closely AND why ? Take a look here: 👀 _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
34
Bitcoin / Dollar trading in falling wedge pattern.Bitcoin / dollar trading in falling wedge pattern . currently price is trading at resistance level of falling wedge pattern. According to chart pattern analysis we might see bitcoin / dollar trading in range within falling wedge pattern. Once price level touch the support level of falling wedge pattern bitcoin / dollar price may moves up towards the resistance level 2 but if we break below the support level of falling wedge pattern we might see new bottom in bitcoin / dollar prices. views / opinions are welcome to discuss. thanks
BITSTAMP:BTCUSDShort
by Fx_Trader_ViSa
1
🔥Bitcoin BTC price will depend on the US CPI released today👇Today, we will consider what prospects for the movement of the BTCUSDT price and the crypto market, in general, can be expected in the near future. Let's start with a spoiler: "Today there will be increased volatility in all markets" Today, on 12.01.23, the US CPI will be announced, which will tell everyone with what level of inflation the US closed 2022. The last indicator was 7.1%, and the forecast for today is 6.5%. And although these data are still far from the "ideal" of 2% announced by the Fed, but the dynamics to decrease are present. The following can be assumed: 1. if annual inflation will be 6.5%-6.4%-... that is, equal to or lower than forecasted, then it is very likely to expect growth in all markets SP 500, cryptocurrency, and others. 2. if they announce 6.6% and higher, it is very likely that the markets will again capture the pessimistic mood Today's growth of the BTCUSDT price stopped before the high of 14.12.22, probably a certain number of shorts' stops are hidden behind it. Increased volatility and positive inflation dynamics can easily break these stops and accelerate the price of BTC to $19000. Above is the trend line, breaking through it will mean continued growth to $20,000 If you look globally, then in our opinion, the growth trend is just emerging. On the other hand, the markets have been in a downtrend for a very long time and new and aggressive buyers are not very noticeable in the markets. Therefore, if "something goes wrong" with inflation, as predicted and expected, asset prices may go again, at least for correction. The option of a continuation of the BTCUSD price correction in a narrow range until the end of January fits nicely into the fractal price movement that we published and described here: And already on 01.02.2023, a new FOMC meeting, where the "fresh" Fed rate will be announced This can push the financial markets in the "right" direction. We keep our fingers crossed 🤞 that now the growth trend is just emerging and the most interesting is yet to come. By the way, over the past 2 weeks, the capitalization of the cryptocurrency market has gained "fat" +/-100 billion, more than + 10%, not a bad result, which has not been for a long time. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
40
BTCUSDT - pending Inflation. The expectation of a short- Came to the area I marked in the video here -https://www.tradingview.com/chart/BTCUSDT/g0HMDQc6-bitcoin-nachalo-bychbego-trenda-2023/ here- here- I started longing since January 22 The markets are coming alive because of the injection of money into the economy through military companies that produce weapons and so on. written here money injection Now it's more likely to see a correction than an acceleration. A big sign of this: a friend I wrote to 2 months ago who I told to buy crypto and invest in the market. But he only matured today. He says he wants to buy (haha, bitcoin is up against resistance, I am waiting for a pullback price, but he wants to gain a position). What else to add: Broke through the trending orange. But there was no test. So we wait for the retest a trendline. If it confirms the breakthrough. Then we will see in the near future 30k prices on the Father *BTC* . What are your thoughts?
by Artem_Dishel
2
Bitcoin BTC price will try to start a growth trend in a monthThe past trading week was very hot. Many regulators of the world's economies summed up the results of 2022 and set priorities for 2023. Nevertheless, the BTCUSDT price moved quite predictably First, we saw the break-up of shorts stops, and now a logical correction price. Also in this idea, we wrote about CPI and FOMC - Fed Funds Rate and how they influenced the movement of cryptocurrency prices, if you are interested, welcome! : Today, we bring to your attention a possible scenario of the BTCUSD price movement. On the chart, we have depicted a fractal according to which the price may move in the next six months. The main point is that in the next month and a half we can expect a tedious consolidation of the BTC price Then in late January - early February 2023 - a breakthrough impulse upwards. Further trend movement upwards at least until mid-May 2023 and fixing a maximum in the range of $44-45k. If you are wondering what the red, yellow, and green lines on our chart mean, we invite you to re-read our global idea. Also, by subscribing to this idea, you will be able to follow the movement of the Bitcoin price on the weekly chart. And what will happen to altcoins while the BTCUSDT price is in a month-and-a-half consolidation? It is very likely that altcoins may start to selectively "shoot up". This is also a very important component in the emergence of a possible future growth trend After all, if after more than a year of falling trend they finally start shooting up, it will show investors that the market is coming back to life. And if the market comes to life, then you can start pouring in money. And then the cascading growth: more fresh money - more pumps - all start to brag about how much %% they earned = even more fresh money, and this is the beginning of a full-fledged growth trend. And by the way, the total capitalization of the crypto market now moves by the fractals depicted in the idea above. Probably everything is just in its infancy, it will be more interesting!) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
81
Bitcpon Prediction for 2023-2024Bitcoin still is in a Bear cycle and we will continue to be during 2023. Yes, there's going to be rallies but they won't last much. As you can see in the graph, the current situation for Bitcoin in an Elliott Wave count is on a corrective pattern consisting of a A,B,C,D,E (5 wave) bearish diagonal. We'll see how it creates that pattern during this year, in correlation with SPY and the markets, expecting a grave bear run at some point and a quick recovery later on.
COINBASE:BTCUSDShort
by AlbertFX99
1
Bitcoin price bottom reached? Then target for growth is $355000Today our main goal is to inspire you with positive thinking, because there is too much negativity in the market. Therefore, immediately a spoiler: "who will not give up and stay in the cryptocurrency market, they will be happy in the future" To begin with, the current fall of the cryptocurrency market is directly linked to the possible bankruptcy of FTX. But not everything is clear, there are many backstage games and such problems do not arise and are not solved in a few days. Yesterday Binance wanted to buy FTX, but now it does not. There is hope that next week Justin Sun will inject its own liquidity and save FTX. In general, we started to keep a chronology of events around FTX on the FTTUSDT chart back on 07.11, when the price was $22.6, if you are interested, we invite you to read: To summarize, the FTX liquidity gap is currently estimated at $8bn, only the theft of BTC from MT.Gox in 2014 at the current price of +/- $11bn was bigger. This is if we compare the problems of crypto exchanges, which at one time occupied 2-3 places in the top. Here is the BTCUSD chart since 2012. On this chart, we depicted parabolic arcs accompanying the growth and correction of the Bitcoin price from the beginning of trading and into the future. The red arc shows the limits of critical falls The blue arc shows the boundary of historical highs. The range between the yellow and red arcs indicates critical purchases by "big money" while small and medium deposits sell their assets due to "bad news" Above the yellow arc, the growth trend is gaining a natural character. After breaking through and fixing the price above the light green arc, the growth trend accelerates. Also, the range between the light green and blue arcs can be called a "healthy environment for the Alt-season" Why do we think that the bottom, if not already was, is very close? Below we will present you some of our ideas that we published during the last 2 years. Not to brag or anything like that, but to show that in different periods of the market, calculations, patterns, or fractals have suggested +/- the same range of potential "bottom" in the future. Publication from 28.02.2021 If you re-read the idea and turn on the workout, you will see that the target of the drop was $12000. However, this fall has shifted in time, and now the price of BTCUSDT is at the marginal support of dynamic Fibo levels. Publication from 19.10.2021 The assumption was the formation of the "Double Top" reversal pattern. The range of working out of this pattern is from $63k to $12-16k Publication from 25.01.2022 The growth was stopped by sellers at the critical point of $44500 and finally broke through the parabolic growth trend. The possible range of BTC price drop is $12-14k Publication from 08.05.2022 with a screaming name that the apocalypse in the cryptocurrency market is possible if the "Head and Shoulders" pattern begins to work out Unfortunately for most crypto enthusiasts, this pattern has already started its development. The target of this pattern is above $14900, the current low of $15500 is very close and the statistical error has not been canceled. Of course, only you can evaluate the development of ideas, we are ready for constructive criticism in comments under this idea. Let's move on. The Bitcoin price chart clearly shows one interesting pattern. Previously, there was already "BTC halving" 3 times. And it turns out that "the halving" was exactly in the middle between the absolute bottom and the absolute maximum of the current trend price movement. It happened in 2012, 2016, and 2020, just check it on the chart. The next halving is projected for early April 2024 (it may fluctuate +/- a few weeks depending on the BTC mining capacity involved) So if we compare all the facts and assumptions based on this chart, we can come to the following conclusion: - "The absolute bottom of the current trend may occur in the coming days/weeks, if not already was, in the range of $14-16k. According to our calculations and assumptions, the potential for BTCUSDT price growth is up to $355-360k . In terms of time, such a goal can be achieved no earlier than autumn 2025. If you liked our visualization and description of the chart: like it and write a comment under the idea. In this case, you will be subscribed to the idea, will receive updates on our thoughts on it, and will also be able to track the development for the next three years. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
48
Bitcoin is about to crash!Hello, my friends! The largest Bitcoin bear is here. Today I found the Elliott wave formation which gave me the high confidence that BTC will dump hardly next couple on days. Let’s take a look at the 1h time frame of the WHITEBIT:BTCUSDT chart. Here I am going to show you the local sub wave 3. It consists of the 5 waves. Wave 2 was represented as the triangle correction – rare situation, but it has happened. Wave 4 was the ordinary zigzag which has been ended at 0.5 Fibonacci and now the price finished the wave 5 inside wave 3. The overall pump as I suppose is not over, but it’s almost done. I think we will not earn a lot of money opening long trades. Wave 4 of higher degree have the target area next to the wave 4 end of the lower degree. Let’s notice that it perfectly coincides with the 0.38-0.5 Fibonacci retracement of the entire wave 3. It gave me high confidence that my interpretation of the market’s underlying structure is correct. Anyway I am holding my short from $17080 , now I am in small loss and is going to wait for at least $15600 to partially take profit. Best regards, Ivan ________________________________________________________________________________________________ If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
Short
by Skyrexio
47
How do you calculate Bitcoin's Market Capitalisation?It’s quite similar to calculating the market cap of a share. To calculate the market capitalization of a cryptocurrency, you need to know two things: 1. The current market price of the cryptocurrency 2. The total number of coins or tokens that have been issued. Then all you do is multiply the market price and the total number of coins or tokens. Let’s calculate the market cap of Bitcoin… The current market price for bitcoin is $16,939 and the current number of tokens in circulation are 19,255,318. To calculate the market capitalization of Bitcoin, you would multiply the market price by the total supply. Bitcoin market cap = $16,939 X 19,255,318 = $329,021,194,902 You can go on Google and type in what the price of a Crypto coin is and then what the number of tokens are in circulation. Then multiply the two and you’ll have the market cap. If you have a trading question, ask in the comments. Trade well, live free, Timon MATI Trader (Trader since 2003)
OANDA:BTCUSDEducation
by Timonrosso