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Bitcoin Retraced Backup - Signaling The Next Move - Up Or Down ?Bitcoin/1H Doing a pennant The pennant after a upside move indicates a bullish pattern that could go to 30K but dont forget the ascending triangle it formed before crashed down. so this could be a jebait too. Ive talked about this in details in video Liquidation wise we have some around 27.3 (1000M) and some high leverage around 28800. Some indicators are bearish which I mentioned in Video Thank for watching and for you support
BINANCE:BTCUSD.PShort
by pcmonk
#BTC/USDT Important Update!#BTC: Closed above $27300. Expecting a short-term bounce here. However, the price has finally made a new lower low in LTF indicating a change in the short-term trend. A bounce around the $28k-$29k area will trigger a sell signal. TBH, Things are still uncertain. I will hold my BTC and sell on upper resistance levels if it gets there to get into Alts. Also, to keep in mind, There's a possibility for BTC to hit $40k too but for that, it needs to sustain above the 30.5k level. This is another scenario that I will explain in upcoming updates. Technically the price is looking to bounce here followed by some corrections. NFA, DYOR. Do hit the like button if you like it and share your views in the comment section. Thank you #PEACE
GEMINI:BTCUSD
by Cryptorphic
POSSIBLE INVERSE HEAD AND SHOULDERS ON BITCOIN $9,300 PUMP??How about you guys but I clearly see a inverse head and shoulders with a perfect neckline to perfection. Let me know what you guys think. It looks a lot better and different time frames as in smaller time frames, where it actually shows two smaller little shoulders on each side as well like those small appendixs on an inverted head and shoulders although this goes against my Elliot wave theory analysis, this still looks highly valid
by aelachkar04
Projecting Bitcoin to $6,400,000 million (10.496 trillion VOL) Working on creating an accurate model to project Bitcoins future movement, this would not include a market-cap its irrelevant, almost like me giving you a map to the treasure with an X without the path? what would be the point. To make this simply take the daily FX volume averages from reports saying this can hit $6 trillion per day of transactional volume Bitcoin as of the last weeks does somewhere around $41 billion of volume in USD per day yes that is 146.34 x smaller than just the FX currency market, not including bonds, equities, other assets. Take the network price of 1 Bitcoin giving us $11,679 at around just under half the 41 billion you start to see the volume of money on the network is what drives the Bitcoin price. Next we take the model and expand you start to see even at 5.2 trillion of volume we would hit a Bitcoin pricing the network at 3.2 million, and this would be assuming that the same circulating supply is the same for the next 10 years. The supply will likely reduce and be held offline reducing the daily traded BTC volume on average in the last years adding a multiplier to the Bitcoin valuation, something impossible to try to predict a nation state could turn around today and purchase 500,000 and keep them offline at a moments notice. Instead of looking at the value of 1 Bitcoin $25,000 is expensive because you're looking at $25,000 nobody who owns gold jewellery knows the price of a 1kg gold bar or cares about the value. A Bitcoin price of 6.4 million seems too expensive ? when in reality if Bitcoin captures international trade in multiple assets its not even the start of where it could go. 458,495.00 USD is the price of a single Berkshire Hathaway share, yet a share of Nike is 121.10 USD many people can own a share of Nike not many can own a share of Berkshire. Reference 1 share of Berkshire in 1984 was $1,280 - $1,280 in 1984 is worth $3,685.64 today.
Long
by FederalXBT
Bitcoin PRE-FOMC Analysis - BTC Struggling to continue upBitcoin/1H is doing a parallel upward channel ( consolidating inside it ) We filled the gap ~28700 but with a doji candle - and has not yet touched it again . these two are sign of weakness for btc meaning down is more promenent With FOMC tomorrow I think we gonna continue consolidate in that parallel channel today . Some High leverage around 28.4 to take (70M) There are 3 stops if we start to go down wards that I have mentioned in the video Some of the things I mentioned in this video will be repeated tomorrow I think,lol Thanks for the support
BINANCE:BTCUSD.PShort
by pcmonk
Bitcoin Daily - Facing strong resistance now As we can see from the chart, PA is coming to a point where it is going to get squeezed from a number of places Still Stuck under the 2.618 Fib circle and with FED on Wed, we could see PA cool off for a bit BUT, this is BITCOIN, 24/7 trading, it may run up to that Long term Resistance. If rejected from t here, a return to $25K is possible but that would be bullish, as it allows PA to recover some strength If PA breaks through that line, then I would expect it to then test as support before continuing. It is impossible to say whats about to happen but one thing I am sure of, the talk of the $1 Million BTC in 90 days is just STUPID. Don't get wrapped up in that. For me, near $40K is possible over the next few weeks IF and its a big IF, fundamentals work in favour. From there, we Will see whats happening PA is Very overbought on lower timeframes, Daily is approaching that and FOMO may take it further but PA has to cool off at some point before it continues. While Banks struggle, GOLD is Bitcoins on ly challenger for the title of SAFE HAVEN NUMBER ! but BTC does have a higher % of gain, and people are seeing this Trade safe
INDEX:BTCUSD
by Orriginal
Bitcoin new bull-trend is just begins!!#BTC Weekly Chart Falling Wedge Breakout and Retested are done 👍✅ BTC is above the Both MA's( 21MA & 50MA) after 9- months and RSI at 65 is also giving us some momentum from here. Now Bulls need to break the 31k level for confirmation the new bull-run!! 🥰If you find this helpful and want more FREE forecasts in Tradingview😍. Please show your support back🙏, Hit the 👍 LIKE button, Drop some feedback below in the comment✍️! ❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝 💎 Want me to help you become a better Crypto trader? Now, It's your turn! Be sure to leave a comment; let me know how you see this opportunity and forecast. Trade well, 💪 #bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #weeklyclosed
by Bitking786
BITCOIN MOON What do you think? We still early once Fed start printing $$. If only FED stop curving inflation then we FLy, If Fed still want to raise hike rates, then we go bottom next week. 25 or 50BPS? But my theory would be rekt all banks because of their FEDNOW payments system or the CBDC? This year might be wild on CRypto Space and Stocks. So stacking cash for the dipped weve been waiting. This is not a financial advice, trade base on your own decissions. Follow FOr more
BITSTAMP:BTCUSDLong
by D1GITALTRADES
Bitcoin Weekly and regaining the 200As you can see from this long term chart on Bitcoin, it has the vast majority of its life ABOVE the 200 EMA ( Yellow) In the week of 13th June 2022, the unthinkable happened and PA dropped below it and many believed that was it, BTC was Dead For the last few Weeks, PA has been banging up against it and This week, PA has fully broken above. On the USDT chart, PA has remained positive above it while on this USD index chart, it has only Wicked up but the weekly candle is not closed yet. Not only This but Bitcoin PA has slowly and Surely been taking back the losses incurred by the unprofessional in the space with the collapse of various organisations, like FTX. Bitcoin is waking up but do not start running, this is just the start, we have a way to go yet and there are HUGE fundamentals that will continue to hammer recovery but World Wide Sentuiment is STRONG - Note the world WORLD WIDE - THAT is what makes Bitcoin Strong.
INDEX:BTCUSD
by Orriginal
Can Bitcoin Fill The 28K Gap ?Signs are there!Bitcoin reaching the origin of the 30K slowly while having a gap from 27500 to 28400 to fill. Bitcoin can fill this before crashing but its another 17% up move. or this could be a jebait and the crash will happen today after a small retracement to the upside to liq all the high leverage shorters BTC consolidating and holding the support (symmetrical triangle) could wick up before it wicks down Some Crypto Banks Collapsed in the past days thus people cant convert their USDT to USD , what they do instead ? They buy BTC. That is why btc pumped. will it go higher ? it might but at the end if you cannot convert ur crypto asset to fiat whats it good for ? Thank you for all the support,commend,like,boost,follow
BINANCE:BTCUSD.PShort
by pcmonk