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Bitcoin Hitting $44,000: Watch The Market CloselyEver since the middle of the week, bitcoin’s price has been on a roll for most of the time. It recovered thousands of dollars in days and reached $40,000 on Thursday. In the following days, bitcoin reclaimed $40,000, but this time kept climbing. The leg up resulted in reaching $44,000, which became the highest price tag in almost three months since the mid May crash. As of now, BTC has retraced by a few hundred dollars but still stands above $43,000. Consequently, its market capitalization has risen to north of $800 billion for the first time in months. Feel free and get in touch for more updates, signals and trade alerts
COINBASE:BTCUSD
by thomasfullerofficial
3
Is Bitcoin at a bargain price or a hot potato? I wanted to show another view on some of the key indicators to make sense of the current market / Bitcoin weakness. Bitcoin is just at the 0.618 fib. retracement level on the weekly from the mid-January 2021 lows. That level is very key to hold. Also the 200 day moving average is just about in sight (about 6% or so downwards only). This is THE make or break level. As shown in the prior idea of mine that level does not get violated in a bull cycle. If it would then one can consider the bull market to be done or setting a new precedent (don't forget the statistical observation period of the crypto market is not very long) and will somehow magically recover. After all the hype Elon Musk / Tesla has been causing about Doge and Bitcoin lately with in my view frivolous tweets there appears to be a lot of panic selling going on by new market participants. Long-term HODLer are buying the dip and are enjoying the discount presented to them. In my experience the market and Bitcoin stretches from one extreme to the other and consistently until it hurts. This current pullback hurts a lot. You may notice that the RSI and Stochastic indicators show the market is oversold and a bounce back is imminent. I would not be surprised if Bitcoin will be squeezing the last statistical possibility out of and into the chart and pulls back touching the 200d moving average. If you compare this scenario to prior cycles the chart screams "danger" while at the same time it screams "enough already". The clear expectation to me is that while it may be playing cliffhanger with us Bitcoin is to recover this week and start showing strength again. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
BITFINEX:BTCUSDLong
by CarpeMomentum
Bitcoin - next resistant level check-up will be at $51,494Trading View UK. signals — Check out the trading ideas, strategies, opinions, analytics at absolutely no cost! Bitcoin price action - Friday 14/05/2021 current price : $50,581 if we cross $50,676 next resistant level check-up will be at $51,494 and if that line cross the next level will be $55,793 -----------Long with x10 only !! low level to be aware from : $47,858 ,,, below that #bitcoin will drop to bring support at $45,901\ IDEAS : 1. make sure you have stop loss 2.if your trade is on profit ! make sure to set up a "trailing stop" in order to take profit incase the market drop again #HyperCoin #bitcoins #bitcoin #cryptocurrency #bitcoinmining #crypto #bitcoinnews #blockchain #btc #ethereum #bitcoinprice #bitcoincash #bitcointrading #cryptocurrencies #forex #money #bitcoinexchange #investment #cryptotrading #litecoin #trading #bitcoinbillionaire #forextrader #binaryoptions #investing #cryptonews #bitcoinvalue #entrepreneur #invest #bitcointechnology #bhfyp #bitcoincharts #business #trader #coinbase #bitcoiner #eth #forexsignals #binary #forextrading #bitcoinasia #bitcoinusa #bitcoininvestment #bitcoinmillionaires #bitcoinbrasil #investor #bitcoinsallday #bitcoinwallet #blockchaintechnology #forexlifestyle #ripple #altcoins #success #usa #mining #binance #bitcoinuk #cryptomining #bitcoincanada #hodl #financialfreedom
BITSTAMP:BTCUSD
by TRWORLD2021
Bitcoin U.S. Dollar Daily Chart Daily Readings: Bitcoin as evident is trading in a bullish channel. It has been creating Higher Highs (HH) and Higher low (HL) formation which indicates that the bullish momentum is intact. Last week it went below the Trendline but that was very short-lived due to EMA 50 resting at that area. EMA 50 has been providing immense support to Bitcoin previously as-well. By breaking this small channel resistance will allow bitcoin to test its Top once again, this is where the future course of Bitcoin is likely to be decided. 1- A clear break of its Top would allow it to move forward and test its upper channel in zone between 73.5-75k levels. 2- While if it makes a Double Top formation at this level (Rejection), the likely hood of testing EMA 50 (51500) once again would be on cards. If EMA is taken out then expect short to medium term bearish trend is likely to take-over. Strategy: 1- Take Long positions if it Bitcoin breaks above 62k with strong bullish candle and good volumes for a target of 70k and 73k respectively. OR 2- Take Short entry if we see a rejection from Top which will potentially develop a Double Top formation which favors bears heavily. One should ideally take 10% of total investment as an entry there with a view to add 10% more once EMA is broken. In this case Stop-loss would be strict at 62k level. Divergence is a tool we technical analyst use in-order to identify the possible trend reversals in near future. Here in case of Bitcoin the divergence is long present. It will be confirmed once Bitcoin breaks below EMA 50, but as long as it is trading above EMA 50 and inside of this channel trend the divergence can continue to appear but won’t play its role. Hence even if you are looking to go long the strategy is simple don’t compromise on your Stop-losses. *Divergence is when a script is making new highs in a trend but on the other hand momentum indicators (volumes, RSI, MACD) are not making new highs, this shows that even when the price is rising the momentum on long term is being lost which will bring the opposite party into action as soon as a major support is broken. Daily RSI Support Zone Resistance Zone 60 Support 1= 57223 Resistance 1 = 58980 (Bullish) Support 2= 55630 Resistance 2 = 61762 BITSTAMP:BTCUSD This is not Financial advice, please do your own Due Diligence and Slay your Crypto Day Mates!!!
BITSTAMP:BTCUSDLong
by btcarchangel
2
Bitcoin Update on 25rh February 2021Good morning traders, Bitcoin has broken the trend line support in 6 hours and in the daily time frame which is a sign of weakness. Confirmation is lower than 45,000. Risk and Reward are not good in this short position 1:1 and the trade idea is also against the trend but the weakness is there. I suggest Book your profit at this point... Short Position is a bit aggressive and considers only lower than 45000. More pain you will see on the breakdown of 45,000 and can go on next support at 38,000
BITFINEX:BTCUSDShort
by CodeViser
BTCUSD | Beware!!! A Possible Correction Upto 12KHey friends, hope you are well and welcome to the new update on Bitcoin. As in my previous posts, I have been telling you all the moves of Bitcoin step by step. For example In the month of March 2020 I shared a Gartley move formed by the BTC price action as below: In above post I told you that the price action may move up to 12K very soon and finally the priceline started a bullish move. Sofar it has produced more than 105% profit rally and crossed up 12K level. Now the previous month’s candlestick has been closed above 12K level and crossed above 0.786 Fibonacci projection of this Shark pattern. Therefore there is a possibility that the price action may retest this 0.786 Fib projection that is almost at 12K The formation of up-channel: On the second of Oct, I shared an idea where I told you that the price action has formed an up channel on weekly chart. At that time it was reached at the support of this channel. Therefore I predicted that the priceline may move up to $13500 and that was half of this channel. When the price action of the leading cryptocurrency moved at the center of this channel then based on more signals I told you that now the price action can move up to the resistance of the channel that is at $14K. The BTC hits the resistance now: Now if we take a look at the live weekly chart then price action is at the resistance of this channel and has hit the $14K level as predicted. But if it will be failed to break out the resistance then it can move down to support that is almost at $12K. And this is the same level where we have the 0.786 Fibonacci projection of bullish Gartley pattern that has been formed on the monthly chart. The indicators and oscillators in long-term charts: Now If you see the live chart on weekly time period then MACD is strong bullish and Stochastic and RSI are overbought. These are very basic but important indicators there I am looking at these signals. Once they will start turning bearish and the priceline of the King of all cryptocurrencies will be at the resistance then the rally to the downside up to the support of the channel can be confirmed. Conclusion: Even though the price action has hit the resistance of the channel but sofar all indicators are strong bullish on long-term charts. Therefore before selling there should be more confirmations required.
BITSTAMP:BTCUSDShort
by moon333
1
Bitcoin in Shoulder Head Shoulder in H4 timeframeIn this updated and litle technical analysis. I want to show you that Bitcoin is so prepared to going to $9,700 USD as maximum target profit. Also, let's me say you that Bitcoin is into the bullish rising wedge, that pattern for law is continue of trend, in that case is bullish continue. If you zoom out, you can see for far out the graphics most better in H4 timeframe, because not just this bullish rising wedge it's going in formation, but, there are a possibility that Bitcoin form a bearish channel and that expectative is so bearish if Bitcoin goes to form a bearish channel. Because these are another point to take in noticed. Now, as we see a shoulder head shoulder inverted, this is a bullish pattern, and I reccomend to grant your take profit until the $9,700 USD, this is a nice earn of Bitcoin price, just if you want,.
COINBASE:BTCUSDLong
by harisonhbn9718
Bitcoin has a butterfly bullish and price action bullishIn the H4 timeframe. Bitcoin has a potential to up near of 4.50% Now, this armonic pattern is the butterfly bullish, and so, this is very interesting what Bitcoin do. Because, there are a bullish pattern, I identify a doji bullish and an inverted hammer bullish, so this pattern are bullish and total and we can see a Bitcoin up in the next hours. And so, if you see the lastest candlestick bullish what mark a arrow in direction up, this is a great candlestick that represent a reversal trend in H4 timeframe So, this doji and inverted hammer bullish are mark in blue clear. So, the proyection is bullish and I put a buy limit at $9,393 USD and SL at $9,258 USD and Target profit at 0.382% of Fibonacci in the price of $9,707 USD, and also, there ae a possibly that Bitcoin can reach at the price of target profit what I extent of $9,773 USD. And then, is my prediciton.
COINBASE:BTCUSDLong
by harisonhbn9718
Short postion for long time of BitcoinHello, guys, in Daily timeframe, I believe that Bitcoin want to soon to drop of the price in Daily, there are 4 reason why put hort position in long at the price of $9700 USD, so, in my case from yesterday my short position is $9,686 USD. So, in the Daily, we have a bearish divergence in the RSI, and the price action has advising us a possible drop of the price until the zone of $8,200 USD. So, wow, this is an great opportunity to put in short for lojnger from $9,750 -$9,650 USD until the $8,200 USD. And the target profit is $8,200 USD approximately, but always and when the Bitcoin show us a bearish candlestick, chart pattern validated and use the bearish price action to following in short. Now, Macd also doesn't have force to continue up, expecially the fourth rejection of the zone of $10,300 USD, this is a liquidation of long, so my trades, i believe that it's a movement what Bitcoin want to change the trend, especially in Daily timeframe, we have in the bearish rising wedge, and so this mark in blue, this is a possible proyection of waht Bitcoin do in the next days. Well, also, I find up that Bitcoin is the zone of Distributtion, because if you see this indicator Acumulation. Distribution, we see that the force to continue up is ending. So, look below in the H4 timeframe
COINBASE:BTCUSDShort
by harisonhbn9718
Market start recovery. Daily analyst-2020/05/01The markets start recovery, BTC fluctuated between $8600 and $8800 from the horizontal. The bond of the average line has begun and the position became equal on both sides in the short-term. The trade is inactive with a shortage of volume. Focus on the support $8600 be careful with the fallback. ETH tested around $202 again and rebounded significantly. MACD index continued golden below the zero axis and successfully crossed above on the 30-min line. However, due to the shortage of volume, be careful with the support $210, and buy-in at a low is advised.
by BitOfferEN
Bitcoin Turning More Bullish After Hitting Every ResistanceIn my previous article we have seen that after hitting the highest price of 2019 at $13880 the price action has formed a down channel. And I was expecting that this time the price action may have a breakout from the resistance of this channel and now finally Bitcoin has broken out the resistance of this channel: On week chart the moving average convergence divergence (MACD) is still turning bullish so far it is turned weak bearish from strong bearish and soon we can see a strong bullish signal by MACD. Stochastic has already given us the bull cross from the oversold zone and Chop zone is also turned weak bullish from weak bearish: On day chart the simple moving averages with time period of 25, 50, 100 and 200 are likely to form an alligators's opened mouth soon which will produce a very powerful bullish divergence like it happened in May 2019. Now the price action may attempt to hit the next resistance at $9586 which is in my point of view is not a strong resistance but one this resistance will be broken out then we have a very strong resistance at $12325 and breaking out from this resistance level can lead the price action of BTC to hit the final and key level resistance at $17324 and in case of breaking out from this resistance level we can see a highest price in the history of Bitcoin. What should be stop loss? If the price action won't be able to breakout the resistance at $9586 level then it can retest the resistance of previous channel as support but for me I will use the previous recent support inside channel at $7772 as my stop loss. Regard, Atif Akbar (moon333)
BITSTAMP:BTCUSDLong
by moon333
1
BTCUSD forming bullish BAT | A good long opportunity aheadThe World's No:1 ranked cryptocurrency Bitcoin (BTC) is forming bullish BAT pattern on 2hr chart and expected to enter in bullish potential reversal zone soon. Lets have a look on the BTC price action's move: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is almost projected between 0.382 to 0.886 of A to B leg's Fibonacci projection and final (C to D) leg is suppose to be retraced between 0.786 to 0.886 Fibonacci for a perfect bullish BAT and then the price action will be entered in potential reversal zone of this bullish BAT pattern, then we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg, but after this bullish divergence if the candles sticks will be closed above 0.786 Fibonacci levels then it can also lead to the long term bullish move. As per Fibonacci sequence method we can set our targets as below for mid term trade: Buy between: $7153.07 to 7105.86 Sell between: $7265.77 to $7434.52 So this is a good and very short term long opportunity for Bitcoin traders. Regards, Atif Akbar (moon333) The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not intended to be investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic bullish BAT pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
BITSTAMP:BTCUSDLong
by moon333
Bitcoin The Master Of All Assets | A Tremendous Performance 2019The leading cryptocurrency is currently being traded at $7221 as per Bitfinex, which shows more than 100% move from the starting of the year upto today's date. BTC's price action took bullish divergence from $3500 to $13764 in the first six months after that we can see the price correction around upto 0.618 Fibonacci levels. During this bullish move Facebook’s launch of cryptocurrency Libra in June further boosted buying of Bitcoin. The excitement, however ended in the third quarter with fear gripped the market that Libra might expedite the process of regulation for the entire crypto market. The sell off was very prominent by miners selling their bitcoin rewards in the final quarter. On 18 Dec 2019 we have seen that recently the Bitcoin has lost more than 52% of its value falling from $13764 to $6477 and it is also reported by Press Time earlier previous week. Despite this downward correction move the overall Bitcoin performance is very positive as mentioned above it is performing better than gold and S&P 500 in a very positive way. Even though the gold is a classic asset and it is being traded at $1518 / OZ and it is up more than 19% on a year to date on the other hand the s&P 500 index has gained more than 28% since starting of 2019 and at the time of writing it is at the same position and that is the biggest gain in the year since 1997. Gold 2019 performance: s&p 500 2019 performance: While on the other hand the Bitcoin's more than 100% gain in a year of 2019 looks shocking when we compare with the traditional markets. But if you compare this gain of BTC with its historical yearly gains then it looks less impressive So the Bitcoin has not even proved it self the king of all cryptocurrencies but also the master of all assets. Regards, Atif Akbar (moon333)
BITFINEX:BTCUSDLong
by moon333
Bitconnect Pumper Trevon James Claims the Bitcoin Price is Going Trevon James has reported that to the reporter that, notwithstanding, the maker had as of late observed a portion of his accounts for their entertainment regard. To the degree YouTube characters go, James is doubtlessly not the most exceedingly terrible, and his 120,000 supporters on that stage show it. Here he is in January, not a long time before the drapery truly began to close on the BitConnect scheme, talking about it. By then he was at the same time defending BCC and its executives, saying that “in case they expected to deceive” they could have as of late left with everything starting at now. Note this is actually what BitConnect did sometime in the future. Crypto online networking identity Trevon James, who was personally associated with the advancement of the HYIP conspire BitConnect, which inevitably prompted law implementation and legitimate activity, says, in his unbounded shrewdness, that the Bitcoin cost will be at $0 in ten years. James’ YouTube channel often highlights him driving around his neighborhood in Florida, looking at putting resources into digital currencies and stages he likes to utilize, the vast majority of which have some type of associate program from which the advantages. He every so often does giveaways and things of that nature.………… News Source: TheCoinRepublic
BITSTAMP:BTCUSD
by TheCoinRepublic
BTC DUMP - BTC to 9200 USD - August News As we have checked the next prediction Bitcoin is going to 9200 USD in upcoming days. Bitcoin will recover to 11500 USD on 19 August Again. So this is a good opportunity for all those people who are going to hold Bitcoin at a cheap price. Meterqubes is giving them an opportunity via a trading view to hold when the price goes down. Here is some clear news that we have a draw line for the bottom of the dump which is clearly 9200 USD. 19 August again the price will be 11500 USD. So you can sell at the price of 11500 USD. Which is clearly mentioned in a graph too. Means 2300 USD Profit on 19 August. Follow for more news Meterqubes meterqubes.io .
COINBASE:BTCUSDShort
by TradingExpert02