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Bitcoinpricetrendanalysis

#Bitcoin - thoughts out loud #16!!! 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. On this time frame, you need to pay attention to the development of events. The graphical situation is as follows: If professional operators are not interested in further markup of the asset from the range of 23000 - 23200 , then I expect a drop to 19000 . We are watching the development of events on the 15m. Otherwise, it's a long-only mood. Thank you all for your attention, I wish you success, and remember: Sometimes you win /sometimes you learn . #Bitcoin
by WVitalievich
4
#Bitcoin - thoughts out loud #15!!! 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. I am continuing the deal open on the previous idea. There is a buyer present, everything is going according to plan. I expect an impulsive movement, by Monday, March 06, 2023 , I expect bitcoin at 25800 . Thank you all for your attention, I wish you success, and remember: Sometimes you win /sometimes you learn . #Bitcoin
Long
by WVitalievich
5
#Bitcoin - thoughts out loud #14!!! 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 current situation suggests that the asset may rise in price over the next week. For further gains to occur, professional operators and other market participants should keep the price above 22722 with possible false breakouts. After this formation, we will have all the doors open for further upward movement. Otherwise, we will see a decline to the next support price, where there will be demand at favorable levels. Stay tuned for an update of the idea, there will be a continuation of the idea. Thank you all for your attention, I wish you success, and remember: Sometimes you win/ sometimes you learn. #Bitcoin P.S. Consider the previous idea and search for an entry point.
Long
by WVitalievich
2
#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
Long
by WVitalievich
6
#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 .
by WVitalievich
#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.
by WVitalievich
6
#Bitcoin - thoughts out loud #10.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. I continue to accompany this asset with a subjective vision. In my opinion, a deeper correction is needed to continue the asset's gains. All trading patterns should be searched for on the younger time frames (15 minutes, for example). But in any case, the market will equalize everything, because it is always right . Thank you all for your attention, I wish you success, and remember: Sometimes you win /sometimes you learn .
by WVitalievich
2
#Bitcoin - thoughts out loud #9Good afternoon , dear colleagues! I am pleased to welcome everyone who wants to get acquainted with my vision of the current situation on this assets . At this stage of the situation, we see this algorithm being clearly worked out. When an asset shows a strong movement without corrections. The current situation only suggests that we need to wait for a possible corrective movement or flat movement. Dear colleagues, I sincerely thank you all for your attention and wish you success! And remember one thing: "sometimes you win , sometimes you learn ". Entry point #Btc
by WVitalievich
4
#Bitcoin - thoughts out loud #8Good afternoon, dear colleagues! I am pleased to welcome everyone who wants to get acquainted with my vision of the current situation on this assets. After yesterday's impulsive movement, I expect the price of the asset to rise further. Yesterday, we witnessed professional operators testing the strength of the buyer, which was followed by an impulse movement. Today, the area of interest is 21600 - 21700 for further upward movement. But this is not the final price, it may fall even lower, because everything I write here is my subjective opinion, as the market will settle everything by itself, because the market is always right. Dear colleagues, I sincerely thank you all for your attention and wish you success ! And remember one thing: "sometimes you win , sometimes you learn ". #Btc
by WVitalievich
2
#Bitcoin - thoughts out loud #6Good afternoon , dear colleagues! I am pleased to welcome everyone who wants to get acquainted with my vision of the current situation on this instrument. Today, the asset continues to show strength after the weekend, as evidenced by the formation of an uptrend with a buyer's test. For this period of time, I expect the buyer (professional operators) to regain strength and attract retail traders. The price range for the resumption of the movement is 21600 - 21700. Dear colleagues, I sincerely thank you all for your attention and wish you success ! And remember one thing: "sometimes you win , sometimes you learn ". #Btc
Long
by WVitalievich
2
WATCH!!!! Don't fall this BITCOIN TRAP!!BINANCE:BTCUSDT Hello friends i hope you enjoyed your weekend as we are welcomed to a new week. firstly, I will congratulate and cheers all my followers and everyone who have been taking advantage of my mostly BITCOIN ideas as i have been consistently killing the crypto market. kindly tap my profile and take a look at my current and previous BITCOIN ideas so you can understand how i feel. now here is another new idea. not too much talk every reason and bias are drawing in the chat. also do not fall the current bitcoin movement as bitcoin is preparing for a massive move to the upside you can take any positions based of your research, fundamentals and analysis but apply proper risk managements. bye. BINANCE:BTCUSDT
Long
by REIMCLUEFX
6
BTC [SHORT] NEXT 5 Days, Loss of .22%While using the VIX CHEAT SHEET INDICATOR under the indicator section of trading view it gives the following figures for the next five day price analysis of Bitcoin utilizing the VIX. Within the next five days there should be a retracement of .22%. Within the next ten days there should be a total gain of 1.00% Please go ahead and try this indicator for yourself and leave a comment below if it has helped you. Do you have an opinion on this? Please leave a comment below.
Short
by Henrywaters
BTC bottom around 10k - 14k ? Here's a scenario to look at. I know the curved lines are subjective, but look at the circled part of the chart and the PA that followed after. Im referring to 2013 -2015 We've already seen ETH drop below it's previous ATH and we may see something similar for BTC with a touch of the macro 0.618 fib at around 10k. The 0.5 fib is around 14k so im speculating on a price within this range. 10k would also equate to a 84% drop which has been the trend for BTC whenever it hits its top in the previous 2x Let's see how this goes
BNC:BLX
by E-mile
BTC SMASHES MULTI-RESISTANCE STRUCTUREExciting stuff happening with Bitcoin today! The Bulls have just woken up after a nice nap and absolutely RAMMED their horns RIGHT UP THE BEARS ARSE!! And the bulls have the bears on their heels! I would like to take a moment to express my condolences and prayers to those who have fled, those who are still in and those who have lost loved ones in Ukraine. I stand with Ukraine and uproar the resistance that Ukraine is making against the completely inexcusable actions of a premeditated, unprovoked, and unjustified invasion by a sadistic leader and has materialized through a series of flat out lies to his country's citizens; just to try and relive in the fallacy of the past. Stand Tall, Fly Straight, Ukraine is here to stay. I addressed that at first because the biggest reason besides bitcoins chart patterns having this pattern already setup to make this pattern happen, but there needed to be a fundamental reason not just a technical reason for this pattern to happen. The sanctions that have been taken against Russia and Belarus by almost all of the countries of NATO that were set in place to essentially demolish the Russian Economy and freeze any assets it had and the ability to trade through SWIFT caused the stock markets to make a dive that was beyond massive (for a stock market anyhow.. in Crypto, well we have these sized pullbacks, +20% and still maintain a bull market) <---- Just as we have in the crypto markets. The run on the banks and ATM cash machines that has happened in Russia and the Ukraine and the fact that both countries have legalized cryptocurrencies in the last 2 weeks has helped fuel the massive $7,000 green candle we have seen on the bitcoin chart today.. Lets dive deeper though into the technicals. ANALYSIS: This green, Luke Sywalker Boner, of a candle HAS BROKEN A MULTI-RESISTANCE STRUCTURE!! . Take a look here: As you can see that multi-resistance structure consisted of 4 different resistance points that were causing issues for bitcoin after breaking our completely manipulated 52% drop in price that stayed within a very thin falling channel (which ultimately is bullish). In a direct aspect look of things, you can see that this pump above this multi-resistance structure has formed a W-Bottom and W-Breakout. If we zoom out some we can see an even more relevant patter that is has been formed which is the KEY TO WHY THE BITCOIN BULL RUN NEVER ACTUALLY ENDED!!! All of the MoonBoy Mikes and Average Joes calling the bitcoin price drop as the start of the bear market. Here you see from our first bottom at wick low @ $28,640 that connects with the bottom that got the blast through resistance points to break us out of the first bottom @ $29,750. This potential trend line then was tested a third time and held it with candle body supports @ $35,220. This makes this line a confirmed trend line now. This also makes it an ascending trend line at that. The bottom at $35,220 also makes a MACRO HIGHER LOW!!!! READ THAT AGAIN... A MACRO HIGHER LOW... well now think about our tops so far.. we had a top at $64,850 and then we dropped, made bottom, and then we ran the price back up to $69,900 and then dropped and now have made a W-Bottom. Well lets see what other pattern resembles price action that has made 2 Higher Highs, and also has made a confirmed trend of Higher lows..... Oh yes that is an ASCENDING CHANNEL!! THIS IS AN EXTREMELY BULLISH CONFIRMATION THAT BITCOIN HAS MADE!! Now this channel is not a very steep channel in regards to its ascending angle, but that is all due to the price manipulation and also market makers hiding its structure as well for those not well versed in charts to see it. It is hidden by the fact that it DOES HAVE HIGHER HIGHS BEING MADE, but the SECOND HIGH DOES NOT CONTRIBUTE TO THE THE TREND LINE THAT MAKES THE TREND CHANNEL As you can see here.. One last piece of BULLISH confirmation has come to play out with todays pump that confirmed a W-Bottom & W-Breakout that has made our local bottom. This local bottom has also been supported by 2 of the longest and oldest ascending trend lines of support that were that bottom of the overall bitcoin ascending trend channel that has been made since inception. What does this local W-Bottom & W--Breakout confirm?? IT CONFIRMS AN ADAM & W-FORMATION MACRO DOUBLE BOTTOM! The MACRO W-BREAKOUT THAT HAS BEEN FORMED SINCE OUR $64.8k TOP WILL BE CONFIRMED FOR EACH FIB EXT LEVEL THAT IS ABOVE US AS RESISTANCE RIGHT NOW THAT IS BROKEN AND HELD AS SUPPORT. The resistance that held down our $7,000 Pump Today was held by the Daily 100EMA and the .55 Fib Extension level. If you looked closely and noticed the difference on the charts, of where the daily 200EMA is in relation to the .55 FIb Ext level, there is a reason for that. They are two difference charts. The chart above and the chart below is that the chart above is for the Bitstamp Exchange (exchange specific chart that holds the most data) and then the one i am mostly posting form is the ALL Time History Bitcoin Index chart (goes back even further than Bitstamps chart with candles). But the reason why there is a difference in the price placement of the FIB Extension levels is due to lowest point made in the bear market of 2015. The low point of the Bitstamp chart came at $151 on 1/15/2015 shown below: And on the ALL Time History Bitcoin Index chart the bottom came in at $159 on 8/18/2015 shown below: The placement of each the second and third plot point of the Fib Extension are exactly the same. 2nd plot @ $19,815 and 3rd plot @ $3,215 The significance and the more relevant one comes with which chart has the most data to evaluate from. Since the ALL Time history Bitcoin index chart has the most data. the placement of the FIB levels and the Exponential Moving Averages are the more accurate. PRICE PREDICTION Seeing that the daily 200EMA is above the .55 FIb Ext level on the Index chart means that the strongest EMA of resistance is still above the .55 FIb ext, which means we will break that FIb level in order to test the Daily 200EMA, of which we will see a possible rejection but then the .55 FIb Ext level will hold as support because of the daily 13EMA, 21EMA, 55EMA, and the 100EMA all bringing up the rear and providing support at that fib level. Then off thebounce of the .55 FIb we will break the daily 200EMA, of which the next stop.. the .618 Fib Ext. Usually this would be a challenge but given that we broke the .618 Fib Ext on our second top, and the ONLY REASON we came back below it was due to a complete manipulation of the price, that would make our next price target either the .706 Fib ext level at $94k or quite possibly the .786 Fib Ext Level at $138k. We could possibly see either of these price levels at the .618 fib level by the beginning of April 2022, at the .706 fib level by late May 2022 and the .786 fib level by August of 2022.. OF which we would then see another pullback for bitcoin to cool off before its macro 5 wave (for you elliot wave theory idiots out there).. The parabolic blow off top run to the Full 1 Fib Ext level would look to start in Late October to Early November 2022, and then would run us up to the price level of around $386k by February 2023. THIS IS **IF** BITCOINS PRICE ACTION DECIDES TO GO ON AN ALL OUT TEAR THAT SMASHES THROUGH RESISTANCE LEVELS AS IT DID IN 2020 and 2021 going from the low of $3800 up to $69.9k After doing some simulations, based of previous price action moves and extrapolations of candlestick patterns made from the first leg of the bull flag super cycle made so far, we could possibly see something that looks like this: *** This simulated and extrapolated price action projection should not be taken as the only way the price action will go, future fundamental events & catalysts can and would deviate the price action from this extrapolated and simulated projection. Please understand that you should always be keeping an eye on the markets as they are very dynamic and always is an on-going and ever-changing situation. Please act in the nature that is best associated for your risk tolerance as an investor. Do not Trade what you cannot afford to lose to begin with. This projection is not financial advice and is only my opinion of the markets based on trend analysis and technical analysis patterns that I understand to mean specific things. Most people think I am crazy and call me crazy when I make price predictions such as these (but once it happens they usually are pretty quiet about me being crazy). For example, I saw weakness in the US stock market trend in early 2018 when we had the first pullback, then when Shocktober 2018 occured and we had a correction into bear market territory which created a double top for the year of 2018, I predicted a market crash to happen at the end of Q1 2020 based on the same trend analysis and technical analysis knowledge I use on the Bitcoin Chart. In October 2019 I had narrowed my prediction down to the crash happening on and was within 7 days of my exact date I chose for the crash to occur. I Predicted that the crash was going to start on Friday, February 28th 2020, but because this market crash turned into the COVID-19 CRASH, it started just 7 days earlier on February 21, 2020. Having that kind of skill in the charts to call a crash 25 months prior to it actually happening and then being within 1 weeks time of it actually happening. And the reason it happened before the prediction date was cause of a global pandemic that was going crazy... IS NOT JUST LUCK... Here is the long standing chart Ive had since 2018 on the DJI. If you were to zoom in on the 2020 crash top, if COVID was not to have crashed the price, it was going to go back up and try for a local double top there too, yet didn't have the opportunity to do so.
INDEX:BTCUSDLong
by Gamblers_Paradise
Bitcoin - A possible path to a new ATHAfter a sharp downward move caused by the Fed’s announcement yesterday, we are left wondering if we have found a local bottom. Too many unknown economic factors are at play to be able to make a good prediction, however I think cryptocurrencies may trend lower for a few more weeks. Consider DCA into top performers. Strong support around 32K for BTC. If BTC makes a similar recovery as it did following the last correction (May 2021) , we could see a return close to ATH by mid-end of May 2022. If this plays out, it may form a nice cup-and-handle pattern, but with strong support at the 69K level due to previous ATH, providing an opportunity to form a new ATH around 93K by September. Let’s see how this plays out. I would feel very good about buying Bitcoin at 32K.
COINBASE:BTCUSD
by JAV28
1