Bitcoin Outlook: 2023 - 2025My outlook for the Bitcoin price for the next 2+ years in detail:
- End of 2022 - Q1 2023: I think this will be the time where we see Bitcoin make a last low around $10,000 - $14,000.
((Accumulation))
- Mid 2023: I think we will see some volatility (50-80%) with possible prices of $25,000 - $28,000. Bear Market rally as 2019, nothing sustainable.
((Taking some of the table))
- Summer 2023: Due to the announcement of a recession I guess we will revisit our previous low, or even make a new low ($10,000 - $14,000). This will be our last flush before the next Bitcoin halving and the bull market.
((Accumulate again))
- Q4 2023 - Q1 2024: This will be our grind to the 2023 high (around $25,000 - $28,000 as previously mentioned)
((Enjoy your filled bags))
- Q2 2024 - Q4 2024: Full on Bull Market where we will see a 6 figure Bitcoin and prices as high as $140,000 - $160,000. (A 10x move from the lows)
((Start taking profits))
- 2025: The next Bear Market will start.
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*Not Financial Advice, just my 2 cents*
Bitcoinforecast
Bitcoin past & futureI discovered some major periods.
Mark this: 371 day and 553 days. Plusminus couple days or weeks. When was the first halving, we have got new significant peak after 371 day, and a second peak at 553 day. It happened again in 2016-2017 and 2020-2021.
The bearmarket started after halving 553 days, and it was 476 day long two times (2015,2018). There was an accumulation zone, which was 258-406 long two times.
So if I count these periods, the descent slowly ends, and we jump to the accumulation zone, which will starts in March 2023.
After the next halving i count a rapid rising between 100k-300k. If the history repeats itself, we will got new peak in April 2025 and October 2025.
Fingers crossed.
Can BTC Hold Above the 16.8k Support?Over the past few days Bitcoin has shown good resilience, bouncing off of our $16300 support. Now we need it to hold above $16800 for any chance of maintaining this bullish momentum. Here's a couple things that has been concerned:
1. The RSI is crossing to the downside, getting closer to the signal line. This would indicate a change in the momentum and traders taking profit from the recent pump
2. The MACD is starting to flatten out. This indicates losing momentum as well as possible continued downside
Both of these factors are coming into play as we get closer to the weekend. $16800 was such a pivotal point the past few days that I'm thinking we may stick around it for a little while longer. With that said, if you're thinking of taking a long, I would place my stops around $16600. If you're thinking of taking a short, wait until we get to the $17300 level. There's major resistance including horizontal and the 4h 200EMA. I doubt BTC breaks these on the first try.
If you enjoyed my TA, please send a boost my way and comment below. Thanks :)
BTC Bitcoin - Weekly Chart Death CrossToday you can review the technical analysis idea on a 1W linear scale chart for Bitcoin (BTCUSD).
Bitcoin price on the weekly chart shows some concerns as the 200 and 50 SMA looks like it will be crossing forming a Death Cross. This would be the first time a Death Cross happens on the weekly chart for BTC in its history. It is estimated to happen in between January-February 2023. There may be a chance the Death Cross may be avoided if the price moves much higher or lower quicker. I see price come down to $7K-$8K. I still don't think that will be the bottom, but it may be a temporary bottom.
I have been calling drops on BTC since November and December of 2021. I am more concerned than before that more drops are coming. Be careful.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #millionaireeconomics
Bitcoin Dump 12000$ ? CRYPTO MARKET UPDATE
Bitcoin support levels - $16,700 and $16,300 strong Support
Bitcoin resistance - $17,300 and $17,800 strong resistance
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Analysis -
BTC Support is at $16,700 and $16,300. Resistance is at $17,300 and $17,800. Trade carefully and manage risk according to mentioned support and resistance levels.
BTC closed its daily candle green at 16895.
Looking at the 1-hour timeframe, 50 MA has been able to provide support to BTC which is around $16,700. 200 MA resistance is around 17,100. BTC needs a high volume to successfully break out from 200 MA resistance. If BTC is unable to maintain 16700 support then there will be a higher probability towards testing of the next support which is at 16,300.
Bitcoin BTC Price prediction for the end of the yearThis week we have the CPI report and the FED meeting. I expect the stock market to go down and cypto to follow it.
My price target for Bitcoin BTC for the end of the year are the following:
BTC/USDT short
Entry Range: $16900 - 17100
Price Target 1: $16280
Price Target 2: $15990
Price Target 3: $14990
Stop Loss: $18265
BITCOIN - CHRISMAS MOVES Usually, in the first moment Bitcoin will get a high retest of new range. First Range would be retest of 17600 - 17800 , where from that range we would see a nice decrease to retest 16950 - 17120 level, after which Bitcoin will take a second steep to retest 18120 - 18200 range. Somehow from there.. Bitcoin may retest lower range again at 17120 - 17300 level. This somehow will make Bitcoin to do an potential Double Bottom Pattern, and this somehow will result a nice increase in price towards 19200 - 19800 level.
Bitcoin AnalysisAt This Moment Bitcoin Is In 5th Wave Which Started From 25200
In 5th Wave We Know There Are 5 Subwave 1 & 2 Already Completed, 3rd Subwave Started From 21400, In This 3rd Subwave, There Are Total 5 More Inner Subwave (2 on theme are complete at 18380).
3rd Inner Subwave of 3rd Subwave of 5th wave wave 5 wave aswell - In this chart I am showing you those 5 wave in this chart
I hope this clear for you all
BTC Decending Triangle ConformationIt looks like Bitcoin just get the conformation for Decending Triangle pattern in weekly.
If the price goes down 15.5 k, more drop can be expected. In that case, let's see if the 12-10 k range will hold the Bitcoin or not...
If price can hold up on 15.5 k or go above 18.5k, this formation will not be valid anymore.
This is not a financial advice. This is just a trial.
BTC Bitcoin Price Review - Short TermToday you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD).
The Bitcoin price looks like its forming a lower high as part of the downward market structure. There is a chance for the price to go higher as shown in the chart before heading down lower. Targets shown in the chart. To support the analysis, I have included the Ichimoku Cloud, RSI, Volume Profile (VPVR) and Fibonacci Retracement.
I have been calling drops on BTC since November and December of 2021. I am more concerned than before that more drops are coming. Be careful.
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
Bullish Divergence on Bitcoin Bitcoin has been in a downtrend a long time, last bear market i was here, i called the bottom, i longed 3,700 i will do the same this time too, bullish divergence on bitcoin 1 hour does not look great for bears.
Currently bitcoin is stuck in a liquidity lock but over the new years period this liquidity will decline and the liquidity lock will become reduced. From a fundamental perspective many are expecting global markets to worsen, i think these people are negative parrots that refuse to understand the technology and the adoption of that tech. I am a Bitcoin bull right now, below $20,000 bitcoin is a bargain, people would have done anything to buy here just a few months back, bitcoin needs to fill the liquidity gaps around 25-30k so this would be my target for early next year heading into tax season as weird as that sounds.
If you want to know more about my thoughts, follow me on YT.
Bitcoin Will Hit 13000 ? Bitcoin MARKET UPDATE
Bitcoin support levels - $16,300 and $16,000-$15800 strong Support
(is Ka Matlab yahan buyers hain)
Bitcoin resistance - $16,600 and $16,900 strong resistance
(is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin)
Bitcoin per market depend karti hain tu ap ko update de di hai - is k according plan apko khud karna hai AB kiya karna hai apna funds k sath.
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Analysis -
BTC Support is at $16,300 and $16,000-$15800.Resistance is at $16,600 and $16,900.
BTC broke its 16600 support and made a wick towards 16260. 16300 level has acted as support. Manage risk strictly as per mentioned support and resistance levels.
BTC closed its daily candle red at 16438.Total Crypto Marketcap is at $795 billion down by 2.12% and BTC dominance is at 39.9%.
Fulfilling projections expectations 2023On Wednesday 14th December, 2022
We’ve placed an order at $18 140 to SHORT Bitcoin following our projections and Biz plan towards 2030.
Following our management plan; we expect to see more downside in Crypto Assets World.
Last week, the FED gave us every reasons to believe that growth will be retained; till we are able to see a better Economic Landscape in projections to the mid-ending of 2023 to the beginning 2024.
Carefully moving with wide eyes opened
BTCUSD last pump or straight dump?Hello everyone,
in my last idea I show several possibilities, one price prediction was price reaching 19k and then drop short to 12k.. but instead the price reached the maximum around 18364.. In this analysis I've shown a downtrend channel where if price respect the trendline then the price can jump to 19-20k price. price is consolidating around 16k so there is possibility for price to reach 19-20k... before it drops dead to 12k or below..
good luck
Bitcoin – the bounce is possible!Hello, everyone!
As you know I am in short position and I am sure that the new impulsive wave to the downside has been already started, but local picture told us that we can catch the pretty nice scalp long trade.
Let’s take a look at the 1h timeframe of the BTCUSDT chart of the WhiteBit exchange. I decided to consider the waves 1 and 2 as it is shown of the chart. In this case the wave 3 reached exactly 1.61 Fibonacci retracement level – the natural target. Awesome oscillator minimum value also confirmed my idea that wave 3 has been finished. Oscillator has also crossed the zero line which is the minimal requirement for the wave 4 end. It means the we have to catch the wave 5 bottom to trade the potential bounce.
Let’s wait for the divergence and the bullish reversal bar to enter the long trade. Watch out my updates I will tell you when I am going to execute this trade.
Best regards, Ivan
BITCOIN: NOT A PLEASING CHART.BITCOIN Update:
BTC in a shorter timeframe is not pleasing to the eyes. This rejection indicates a drop close to $16k to $15.8k in the coming hours. If BTC gets back above the resistance level ($16.8k) then we can think of some positivity but until then I expect a further drop-down in the market. In a higher timeframe, BTC looks more bearish and we can expect it to drop close to $15.1k. This is good for the long-term holders to accumulate BTC at a lesser price but RIP for those who went long on BTC in leverage.
Key points:
1. $16.8k Resistance. BTC must break this to claim some positive move.
2. $16.1k further drop level.
Trade safely, guys.
BTCUSD range trading 1h timeframe (NEW)Bitcoins is about to retest resistance again. We expect that it will breakout this time. Targets are shown on the chart.
How to trade: enter long position only when/if it breaks out the resistance.
If it gets rejected you can buy at the support (red line) and place the stop loss.