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Bitcoinpriceprediction

BTC Finally Closes Below Its 200-Week MA - What's Next?The BTC price has never reached a close below its 200-week MA (having come close on January and August 2015). The current weekly close is below the MA, albeit only incrementally. If we assume that the price fails to clearly reclaim it, it is likely to go down from here. The white dotted lines outline the current range of $4200-$600, while the black lines outlined the next possible range, found at $1700-$3300. The scenario that I am expecting to play out is a touch of the bottom at the range at $4200, followed by an upward move to validate the range high and the 200-week MA. In the alternative scenario, in which the price immediately decreases below the $4000 low, it is likely to trade within the second range, possibly creating a double bottom. Please leave a LIKE if you enjoyed the idea.
BITFINEX:BTCUSDShort
by BitcoinMaximus1
2
Patience is KeyShow me the chart and I will tell you the news! Covid-19 is a serious issue and as such we all should take proper care to make sure we don't get it first but also that we do not spread it should you God forbid catch it. That said, I don't think this drop had anything to do with Coronavirus fears as the chart sort of speaks for itself in my opinion. But according to some indicators the recovery from this drop may be slow and that's where patience is definitely key! Just stay in it and watch it fly even if not immediately. :)
KRAKEN:BTCUSDLong
by Alex_A74
new prediction after calculating the new factors in the marketI had to change my prediction due to the fake volumes which been added by Chainx.kr , omgfin.com and seems like few others their market manipulations caused my algorithm to be less accurate then it used to be , its still over the 65% but it was over 82% , 5 weeks ago . by adding the fake volumes and detect similar types of market manipulators them to the calculation i think the Algo can be more accurate, and i think i can predict their future movement
BITFINEX:BTCUSD
by abcjamesD
When to buy Bitcoin?Bitcoin is going through a correction after a rejection happened yesterday at 9200$. Now the question is when to buy bitcoin at what price point? Let's analyze 4H timeframe: - Bitcoin broke down from rising wedge yesterday, rising wedge neckline should act as resistance for a further drop. So we need to see how price reacts when it tries to break above 8800$. -IF Price rejects at 8800-8900$ then, it will make a lower high on the lower time frame, and that could be followed by lower low later. -We can also spot another rising channel trendline inherited from 6850$ when price made a Higher low and broke out from bearish structure by making high later on. -Trendline support is at around 7800-7900$ which should act as strong support for bitcoin. Elliot waves count An impulsive move from 6430$ looks like the starting of Major wave impulsive wave -1 which can be divided into 5 sub-waves. First subwave: price rose from 6430 to 7660$ Second corrective wave: price corrected to 6850$ third subwave: price rose from 6850$ to 9200$ Bitcoin is currently into subwave-4 of major impulse wave-1 which could correct the price to sub 8000$. Support levels to watch out for bounce: 7800,8200$ and 8500$. Bitcoin can bounce from any of these areas and continue the bull trend. As the Chinese new year will approach this week, we might see a brief consolidation for 1-2 weeks, and that should be the best time to accumulate bitcoin for halving rally. Trade Signal: XBTUSD Entries: 7800-8200$ Exit: 12000-13000$ STOP: 7400$
BITMEX:BTCUSD.PLong
by HiteshMalviya
4
Bitcoin flipped bullish on weekly chartLast week was much productive for bitcoin: price rallied to 9200$ and then dropped to 8400$ followed by a huge sell-off. Despite sell-off on the last few hours of the week, bitcoin managed to close the week above the PREVIOUS week high at 8600$. 8300-8600$ should act as weekly support for now for bitcoin for bullish continuation. Bitcoin also closed the week above 21MA - the first time since March'19. Looking at MACD, we can bitcoin is just about to have a bullish crossover on the weekly chart, which indicates a multiweek bullish continuation. Bitcoin may slow down a bit a consolidate in 7700-8500$ for next 1-2 weeks because of Chinese new year holidays, but overall things are looking pretty bullish for bitcoin - and the price could rise above 13000$ before halving.
BITSTAMP:BTCUSDLong
by HiteshMalviya
Bitcoin has a date with 200 DMAHi guys! Based on my previous analysis Bitcoin has reached critical resistance point. Bulls have still power but we need to wait what is gonna to happen now. Breaking 200 DMA will move price of BTC to 9500 hard resistance (mirror level) - I would say to the line between bull and bear market. As I mentioned before If it stays above 9500, we will never go back below previous years lows. If Bitcoin failed to break 200 DMA, bear market could continue.. Take care! -DP-
BITSTAMP:BTCUSD
by DataPatron
3
Making it simple. All solid buy opportunities for Bitcoin.Here I have a few places where a nice long position could open up. Now not everything is always exact but here are a few to see when a good buying opportunity could happen. 1. A confirmed breakout of the channel to the upside (with volume and closed candles) is extremely bullish and could signal the bull run. 2. Bitcoin drops a bit to the downside to hit the bottom of the channel along with support at 5500. Not a bad buying spot knowing that 3100 was the bottom. 3. Bitcoin falls out of the channel and through 5500 could spell a buying opportunity at 4000. A buy here is only 900$ above the low of the bear market and a 80% drop from all time high. 4. Bitcoin falls lower to the point where the RSI becomes oversold which could be a great time to start buying. 5. The MACD starts to make a cross signaling a possible uptrend. Now with the MACD you may need another source to open a long I.E (support, confirmed uptrend, other indicator). Just trying to make things simple when technical analysis can be confusing to some and have people second guessing sometimes. I FEEL that these indicators/instances could be safer buys at times when people feel lost looking at the BTC price. Always have a plan!
COINBASE:BTCUSDLong
by hurster
Let's Flip a Bitcoin Issue #4 SKHello Ladies and Gentleman, I am here to present to you all Satoshi's Kode. My latest and likely my finest signal. Embedded into the chart there is a secret language that only a few know. I am here to provide you a small taste of its unbelievable functionality. Using Signal Analysis we are able to decrypt the signal and generate the most probable outcome for the latest formation. Please pass the message onto the next. Satoshi's Kode is a fact, it is inevitable, it accounts for specific time key, price, and spacial approximation. This trade has two parts. Trade type: Long Entry: $7,300 - $7,350 Price Per Bitcoin Exit: $8,000 December 20th - 22nd, 2019 Entry: Approximately $8,000 December 20th - 22nd, 2019 Exit: $7350 January 20th - 2019. We'll review the results of this trade signal on the premier of our web series: Let's Flip a Bitcoin: Season 2 on 12/31/2019 via Instagram TV.
BITSTAMP:BTCUSDLong
by Krewbacca_xR
Let's Flip a Bitcoin Issue #4 SKHello Ladies and Gentlman, I am here to present to you all Satoshi's Kode. My latest and likely my most finest signal. Embedded into the chart there is a secret language that only few know. I am here to provide you a small taste of it's unbelievable functionality. Using Signal Analysis we are able to decrypt the signal and generate the most probable outcome for the latest formation. Please pass the message onto the next. Satoshi's Kode is fact, it is inevitable, it accounts for specific time key, price, and spacial approximation. Take Profit: $6,100 Price Per Bitcoin. Entry: December 20th - 22th, 2019 Exit: January 20th - 2019. We'll review the results of this trade signal on the premier of our web series: Let's Flip a Bitcoin: Season 2 on 12/31/2019 via Instagram TV.
BITSTAMP:BTCUSDShort
by Krewbacca_xR