Bitcoinpricetrendanalysis
Bitocin next support zones
the following fibonacci levels are the most relevant support zones as long as the short-term high is 49k. What happens after an impulse wave has touched the golden pocket is a complete correction to the 0.38 - 0.61 - 078 zone.
following this idea, the next level 0.38 with a POC, is a good area for a temporary rebound or trend continuation.
Bitcoin Next Move ?Pair : BTCUSD ( Bitcoin / U.S Dollar )
Description :
Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from the Upper Trend Line. It has completed " 12345 " Impulsive Waves and making its Correction. We have Strong Divergence we can Look for Short If it Breaks Lower Trend Line Otherwise Trend is your Friend
UNDERSTAND THE BITCOIN ETF - PRICE ACTIONHello Family!
10th January of 2023. We are hours away from the Approval, delay or Rejection of the Bitcoin ETF.
We need to be careful since the Bitcoin price still needs to confirm the 30-32k area as a SUPPORT.
WE've done this in every Bitcoin cycle after we created a BOTTOM structure and going into a RETRACEMENT.
We are in the biggest RETRACEMENT levels. This is a critical zone where the price could get rejected and where many expert traders are taking profit from the ACCUMULATION zone (15-25k)
So, right now Bitcoin has huge risk of ROI vs potential downside.
If you are waiting on a sideline, It would be better to wait for the MACRO correction, or wait if the Bitcoin Dominance starts to fall and liquidy goes into Altcoins.
Legendary day.
The force be with you.
BTC Bullish Pattern on Oct 1st, 2023We can see a falling wedge pattern in daily chart. This is a bullish pattern for few days.
Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
The Bitcoin Triangle: In the Midst of a Fundamental TsunamiHard to not draw when its already outlined for you. Market manipulation is probably most prominent in the crypto sphere and notably with Bitcoin. It is the breakout trader, the technical analysis pioneer, that is the target. Give them an image, that creates a bias, a bias strong enough for them to enter the market with conviction (in the form of leveraged positions) and the self fulfilling prophecy will occur. Breakout or fake-out, stop losses will be taken out, by the crypto whale like plankton in the gambling ocean of retail traders in motion.
Regardless looks bullish. Doesn't it?
RUNE 2023 - BTC 2019 (COMPARISON) part 1RUNE 2023 - BTC 2019 (COMPARISON) part 1
you can clearly see what im doing here, hard to tell where horizontal price levels (unfortunately) are as rune has exaggerated pumps compared to btc.. but the basic shape is there.
momentum shapes are the same, thats good. if this fractal is true its one more leg to go then its cool off for the whole market.
gl
#Bitcoin - thoughts out loud #12Good evening from Ukraine!
Dear colleagues, I am glad to welcome you!
Work plan.
Because it is necessary.
There may be a slight deviation.
Thank you all for your attention, I wish you success.
Sometimes you win/sometimes you learn.
- thoughts out loud
- thoughts out loud
- thoughts out loud
P.S.
...Think positive)
Bitcoin Macro Uptrend & Near Term Pullback ZoneBitcoin's chart shows that it's potentially topping out here and due for a pullback.
See my other recent post related to a pullback to the $38k zone to re-test prior resistance.
While we could push higher here in the final stage of an exhaustion rally to the Fib Golden Pocket, it's more likely that BTC retraces back down to the $38k - $40k zone before resuming the push to $50k.
But again, the Blackrock and other ETF approvals are the wildcard.
Either way Bitcoin is in a nice upward trending channel that likely takes us to new highs if not $100k by the Halving.
See my other related studies and 'The Path to $155k Bitcoin and Beyond'.
#Bitcoin - thoughts out loud #11Good evening from Ukraine!
Dear colleagues, I am glad to welcome you!
Work plan.
Because it is necessary.
There may be a slight deviation.
Thank you all for your attention, I wish you success.
Sometimes you win/sometimes you learn.
- thoughts out loud
- thoughts out loud
- thoughts out loud
P.S.
...Think positive)
Bitcoin Peaks at $42,000 - What's Next? Bitcoin Peaks at $42,000 - What's Next?
In a new surge of momentum fueled by widespread optimism that the U.S. securities regulator may soon approve a spot bitcoin ETF, Bitcoin briefly surpassing $42,000 to reach a 20-month high.
There is a sense of optimism in the space regarding the potential approval of a bitcoin exchange-traded fund (ETF) by the U.S. securities regulator. Such approval would likely enable a new type of investor to enter the cryptocurrency market through the regulated stock exchange, leading to an influx of capital into the digital asset. In October, SEC Chair Gary Gensler alluded to the agency's consideration of up to 10 bitcoin ETF filings.
Additionally, falling inflation in the US is making higher-risk assets such as Bitcoin more attractive.
This sounds like a certain bullish environment, right? Well... nothing is certain in crypto so some downside projections might be appropriate to consider too. So, with that in mind, the gap on Sunday still needs to be filled, starting with approximate prices at $39,600 and $39,000.
🟡 - Bitcoin Whales 11.6.2023We are witnessing an intriguing phenomenon recently, Bitcoin has slowed down since 24 so far, although it managed to rise 35,971 but fell fast despite this, As I highlighted on October 24th, considerable resistance has emerged within the $35-36,000 threshold for Bitcoin.
This is not just a coincidence. Current market dynamics, upon closer inspection, reveal that Bitcoin whales are actively applying selling pressure at this critical point. It's a strategic game, and these market drivers aren't just participants—they set the pace.
This can be a short-term pressure and does not indicate that Bitcoin will collapse or crash completely but it indicates that there is a challenge at a specific price, once everything slows down and then Bitcoin shows signs of weakening after whale pressure, this means that Bitcoin's performance is not strong enough yet in this game
Within the provided graph, I have pinpointed three critical areas of interest through Q1 and Q2 of 2023, delineated by two prominent green circles and one salient red circle(today). These circles illuminate the pivotal buying and selling actions of Bitcoin whales.
Green Circles (January to May 2023): These larger green circles underscore the zones where substantial whale purchases occurred at specific price points. Within these zones, numerous smaller blue circles are visible, courtesy of an analytic indicator that tracks whale transactions, signifying either buying or selling maneuvers. Particularly under the line, these blue small circles consistently indicate that whales have been 'buying low.'
Red Circle (Recent Weeks): Conversely, the large red circle captures the locus of recent whale selling, as marked by small red circles above the line. Each of these red circles flags an instance where whales 'sold high.' Notably, since these red markers last materialized around October 23rd, Bitcoin has exhibited a somewhat decelerated pace over the following 16 days.
Short Term Chart
Long Term Chart
This pattern prompts further inquiry into the strength and momentum of Bitcoin. I've applied additional metrics to gauge Bitcoin's vitality. While certain indicators reveal short-term weakness, from hourly to daily perspectives, Bitcoin maintains robust signals of long-term fortitude.
Forward-Looking Considerations:
It is pivotal to monitor both the short-term indicators and the long-term trajectory. Should signs of long-term weakness begin to align with the short-term trends, it could presage a potential downtrend. At present, however, the evidence suggests a moderation in momentum rather than an outright downturn.
By staying attuned to both whale behavior and a suite of analytical indicators, we can better navigate the currents of the Bitcoin market and anticipate potential shifts.
BITCOIN: ON THE MOVE.Everyone's eyes are on BTC at the moment because it is making some promising moves and so far, it is doing great. With BTC touching the $30k price range, I am expecting the next target to be $32k to BER:33K followed by a correction.
What are your expectations? Let me know in the comments.
Trade safely.
Bitcoin's Projected PathTraders,
Bought more BTC here. TBH, this just looks like another bull flag. I can see us hitting our heads on the 30k again where I may sell some but eventually that resistance will break. And I think sooner than later. Then we'll have to tackle that 31.6k level. If we can break above that, my prediction from Jan-Feb still stands - 37k by then end of the year.
Best,
Stew
Bitcoin Daily TF Bitcoin experienced a sudden surge in value today due to erroneous reports of Blackrock's spot ETF approval. However, I anticipate a bearish trend for Bitcoin going forward. If Bitcoin's closing price falls below 28,100.79, it is likely to continue its downward trajectory. My focus is on identifying a selling opportunity in this scenario. I believe Bitcoin could reach 25,000 in the coming weeks.
BTCUSD Trend AnalysisExpecting a fall of around 17% towards 22000 level as per the WXY correction after which a massive 120% rally will happen towards 49000 level.
This 17% fall will sweep the liquidity to fuel the upside move and is highly likely to happen.
This is in correlation to Crypto Total Market Cap which is linked below.
Good to look for investment opportunities during this fall instead of panicking.
This is not a buy or sell recommendation, do your own due diligence before taking any action.
Peace!!
BITCOIN PRICE ANALYSIS AND NEXT POSSIBLE MOVES !!BTC 4H Chart Update & Possible Move Near !!
•BTC Two Times Failed To Break its 1D Resistance & Now price moving Toward its 4h imporatant support area.
• in any condition BTC Price need to stay above 26.6k$ Other wise Next stop is 25k$-24.5k$
• MACD &RSI are Bearish.
• FOMC Meeting results also expected Negative.
• Maximume Chances we see Drop in BTC Price.
Riskmanagement Tip :-
Currently do Trade with minimum Fund if we see big crash in markete or big pump then We Buy somthing✌.
FOLLOW US FOR MORE FREE ANALYSIS !!
#Bitcoin - thoughts out loud #07Good evening , we are from Ukraine!
I expect further depreciation of the cryptocurrency market.
But if we see the strength of the buyer at the price of 25k, we will break through local highs. But judging by the current situation, the chart shows weakness.
That is, after exiting the trading range (breaking through local highs), we correlate the spread to the volume, which indicates a narrowing of the spread and a decrease in volume several times.
For further upward movement, we need new forces. At this time, they are absent.
Thank you all for your attention, I wish you success .
Sometimes you win /sometimes you learn .
#Bitcoin
BTC/USDTWe are approaching the decisive moments in the price of Bitcoin. Determining the direction of movement depends on many factors, but if the history is repeating itself (pay attention to any two channels), we can expect a positive upward reaction to the bottom range of the specified channel to reach the specified profit range. The damage limit is indicated in the picture. Good luck. (DYOR)
bitcoin long setup bitcoin best long from value are low . poc
u can target up to value are high .
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.