Bitcoinmarkets
Updated Bitcoin Analysis#Bitcoin
We will explain in a plain and simple way, friends.
If Bitcoin cannot close the daily candles above the $25,250 level, we think that by starting the downward movement from this region, it will decrease to the $22,800 region in the first place.
If BTC closes below $22,800, the decline will continue until the $21,550 zone.
Keep an eye on Bitcoin when investing in altcoins.
Not Investment Advice.
#Bitcoin - thoughts out loud #13!!! IT IS IMPORTANT TO READ THE DESCRIPTION !!!
Good afternoon, dear colleagues!
I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument.
The previous goals were achieved, but under a different scenario. After the asset has been depreciated, we see a surge in volumes at the culmination of sales, followed by a false breakout of the level and the strength of the buyer. There is a setup that can be used to work with, I open a long and support the trade.
Thank you all for your attention, I wish you success, and remember:
Sometimes you win /sometimes you learn .
#Bitcoin
BTCUSD ( High Probability BUY Setup SOON )* Here we can see clearly from our analysis if BTCUSD don't break our support trend line, we're going to be looking for BUY Setups in coming days & weeks,
* If we see a down trend & it breaks our support trend line, we believe it's going to be forming Inverse Head & Shoulder Reversal Pattern ( VvV ) before the big BULL run for BTCUSD this Summer,
* As for us we won't be looking to SELL BTCUSD this coming days or weeks, instead we'll be waiting for the BULL run on our favourite Crypto Currency to trade,
* We're using H4 time frame for a clearer view of our analysis, hence we can't predict the duration of our analysis to occur on the charts,
* Keep a close eye on Crypto Currency King,
* Happy pip hunting traders,
* FX KILLA.
#Bitcoin - thoughts out loud #11.Good afternoon , dear colleagues!
I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument.
Over the weekend, I expect the cryptocurrency market to form a trading range and move into a phase of redistribution or re-accumulation. The formation is not ready for this period of time, I need confirmation.
What are your thoughts on this asset?
Thank you all for your attention, I wish you success, and remember:
Sometimes you win /sometimes you learn .
#Bitcoin - thoughts out loud #12Good afternoon , dear colleagues!
I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument.
And in continuation...
In this phase of the market, we have upthrust, which may indicate that we are witnessing a distribution, but there is no confirmation at this time.
I expect the price to be in the range of 25300 - 25600 , after which the market will settle everything.
Thank you all for your attention, I wish you success, and remember:
Sometimes you win /sometimes you learn.
Bitcoin -> Don't Get Caught UpHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Bitcoin and basically the whole crypto market had a quite nice pump over the past couple of weeks.
As we are speaking Bitcoin is now retesting weekly previous resistance and is already starting the expected rejection towards the downside so I am now just waiting for a retest of the next previous support zone before then starting another push towards the upside from there.
On the daily timeframe Bitcoin is currently breaking below a previous structure area, so market structure is now bearish, but also here I am just waiting for a retest of the previous low and some bullish confirmation before Bitcoin will then create the next bullish impulse, heading for a higher high.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
BTC SHORT TERM FORECAST Outlook on BTC ( 23/2/2023 )
Backed with certain fundamentals on the dollar , i do believe that we may get a short squeeze to the downside really soon to gain more liquidity to head towards the upside.
I am personally looking at 2 DCA zones to add to my long term swings to 36k region as marked in my charts as TP3 before massive roll over.
Looking to add spot buys at 20000 and 21500 whereby i will be dollar cost averaging down the partials ive taken on BTC at 24500. Im seeing exhausting and some form of minor consolidation and i do believe we need more liquidity to head higher. In the event price breaks above 25k , we are in it for a treat regardless as we have our remaining 65% to hit our remaining targets.
Currently the market sentiment for crypto is bullish like all risk assets are. It is always easier for risk assets to be bullish than bearish as the markets is always fueled by greed and emotions. Many believe that the bear market isnt over and i stand by it as well but its not that easy. People will be betting on a short upon seeing a minor consolidation now which i think will be otherwise. We will probably dip down to my DCA zones and fuel fomo short positions into the markets which will eventually be wiped out when price makes another euphoric rally to the upside misleading everyone that the bear market is over again. Thats when the mother of all wipe outs will come in.
Bitcoin range trading (NEW)Bitcoin price created beautiful range between 25240$ and 23350$.
The price got rejected at the key resistance a little bit above 25k.
Currently the price is in the mid of the range.
23850$ and 23620$ may be a good entries for long position if the price drops lower.
The target would be the upper boundary of the range around 25100$
Moreover, if BTC price keeps on ranging, it would be a great scenario for altcoins as they would have some time to rise.
If we lose 23300$, we may be looking at 22800 $ as the next level where buyers most likely will step in.
Bitcoin 2023 Bearish Expansion TriangleBITCOIN WEEKLY CHART PATTERN
As per last year first Downtrend starts in June 2022, the complete wave moves on Bearish Expansion Triangle Pattern, that's last cycle will be complete on May-June 2023 with last Lower-Low of $13.5k - $12.5k and after that big #Bullish wave starts from Aug-Sept 2023, and after October #Bitcoin will Moves forward with full #BullRun mode.
[Watch] MARA versus Bitcoin 0️⃣8️⃣| Ideal EOW level is 7$ What's going on Team NASDAQ:MARA ? I have a new video for you.
Ideally, I want to see EOW close at 7$ per share.
It does not matter if the AMEX:SPY or COINBASE:BTCUSD move lower, still if Marathon Digital Holdings can hold that round figure it will display strength and that's Bueno.
Hey, remember to trade based on your financial circumstances and avoid going All-In.
Load more shares as you have spare cash and remember I see this position as an opportunity to play the future of Bitcoin.
Indeed a brilliant future!
COINBASE:BTCUSD following Hawkeye Traders Heatmap signals the opportunity to see Bitcoin trading back close and above the 32,000 figure against the US dollar , which, like it or not, is bullish for stocks.
Trade smart and Trade to Win!
Talk to you tomorrow,
J.R. Jaén
Risk Disclaimer
1️⃣Past Performance is not indicative of any future performance.
2️⃣Trading and Investing are risky. Only trade and invest with resources and capital; you can afford to lose, and it will not change your lifestyle or family situation if you do not make the returns you wanted or if things go wrong and you lose everything.
Bitcoin (BTC) formed bullish Shark | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of Bitcoin ( BTC )
Previously we caught a nice trade of Bitcoin as below:
Now on a 4-hr time frame, BTC has formed a bullish Shark move for a bullish reversal move soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Bitcoin Macro Bullish IdeaIdea here on just this pattern thats fairly obvious for the past few bull runs in BTC. Takes about 1k days to cool off enough to flip trend and regain the ATH. Takes essentially a85% retrace of price to gain enough stopping power to finesse and flip it. Taking that into account we should dip to about 10k or so before takeoff around nest august when we push back towards the BTC ath. Once it breaks its Moon - ville. stay hydrated out there folks. ggs
Bitcoin Ascending Triangle Pattern #Bitcoin 4hr #TA
As per present scenario, #BTC moves with #Ascending Triangle Pattern ans soon will be chances for some #Bullish Signal in Feb. at final high wave of #BullTrap upto $27.5k to $29.5k, but after that it will Return back with more #Bearish Signals in March & April.
Buying Bitcoin on dips.Bitcoin - 24h expiry - We look to Buy at 24001 (stop at 23341)
Daily signals are bullish.
Preferred trade is to buy on dips.
50 4hour EMA is at 23960.
Bespoke support is located at 24000.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 25651 and 25951
Resistance: 25000 / 25200 / 25500
Support: 24650 / 24200 / 24000
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Bitcoin is facing Heavy ResistanceBitcoin is facing heavy resistance which is coming from two sources:
One is the horizontal resistance of 24 to 25k, and the other is the 200 weekly moving average. This means that there is confluence on the resistance side. Not only are we facing resistance, but this uptrend is already lasting for 53 days, making it likely its time for a correction.
Why is this 200 moving average also included? Normally I woudn't pay much attention to moving averages in general, but this one can be special.
In the bull run of 2015 to end 2017, this line was the support line for the whole bull market. This line was also support at the bottom of december 2018 and during the covid crash, making it strong resistance.
Bitcoin Fake Bullah run continues In this video Ive analysed btc and checked OpenInterest , Liquidation , CVD
Please Follow,boost,comment if you find this helpful. it motivates me to do more for reallll!!!!!
Bitcoin has been going up and up for the past month but how much more it can push ?
With FOMC in 3 days , Bitcoin started to consolidate around 25K which is a 8 month high and bears are slowly entering again (CVD going towards negative) and some more that I covered in previous videos which indicates Fake Bull Run is getting closer to its end
Thanks for watching
BTCUSDT (BITCOIN) Daily: 18/02/2023:🔴Important caption🔴
As you can see, exactly as we expected the price touched the demand zone and reached 25200 and then had a correction.
Well, there is a liquidity void (that you can see on the chart) that we can expect to fill.
For now, If the price can stay above 23k, the price can see more rise.
We can define targets as follow:
26240
26800
27450
28000
💡Wait for the update!
🗓️18/02/2023
🔎 DYOR
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