Bitcointrend
Bitcoin btc weekly breakout as predictedSee my previous bitcoin analysis to see how I successfully predicted Bitcoins path weeks ago. We have now shown strength on the weekly chart, with a strong bullish break & candle formation. See my Daily chart analysis for possible reversal soon, to retest the low of the uptrend. I'm still overall bullish for the next year, but do expect small pullbacks over the next few months.
Bitcoin Double Top or will fill the gap ?Bitcoin/4H trying to leave our rising broadening wedge pattern aiming for 28500 or 29300 before it crashes down.
Today we have two important news (Perlium UoM) that might shake the market.
Liquidity wise we have around 200M around ~24000 but to the upside is clear and can push it very easily
Thanks for all the support
Details in video
Bitcoin Continues Fake Pump Ends SoonBitcoin/1H afer it did a stop loss hunt at 22.7 it found support and came back to 23K where it did a break of structure and exited our down side parallel channel (two purple lines) resulting in a leg to the upside.
Its Planning to do a liquidity grab untill ~24.2 with a possible wick up to 24.6 depending on the momentun and the volume for the rest of this ride
after that it will not only retrace back but further down maybe even filling 20K gap on CME.
Chance of a great short from 24172 to 24.6
BTCUSDTBITCOIN UPDATE ACCORDING TO OUR ANALYSE BITCOIN IS GOING WHERE WE ANALYSE
Friends, the advantage of waves is that you can use them on any time frame 🙆
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Patterns form in any market and any TF. You just need to decide where you feel most comfortable working. My thoughts below 👇
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🔴 15min - 1H takes a lot of time and engagement, it's tiring and leads to mistakes. Traders use high margin and often lose money + leverage.
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🟡 1W - 1M is a very long time, it is more suitable for investors, and it requires a lot of capital. The patterns are clear and strong.
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🟢 From experience I realized that my choice is 4H - 1D. No need to spend all day on charts, good work/life balance, good market movements, patterns are well distinguishable. It requires patience, which most traders do not have. It takes you to the next level if you have the discipline.
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🚥 If 4H - 1D is for you, let's trade together!
Bitcoin Last Hasbullas Pump Before Downside NukeBitcoin retraced to the upside ~22300 over the weekend to liquidate all those high leverage shorters + performing a SL hunt
Right now its holding the price for more LONGs to build in order to liquidate them.
depending on traditional markets (SPX) we could get a counter trend rally to the upside (~4000) which btc will follow that gives bears another chance for a good short position.
KEEP in mind the market in general is in denial so any upside move considered a fake move and will follow with a major down side move
Thanks for all the support
Bitcoin fake move up then crashThere is a pretty good chance to visit the 10k level;
On the chart, you can see the most likely scenario for Bitcoin . Let me know in the comment section: what is your plan? I want to know your opinion, and I will answer your comment!
The price action on Bitcoin is very well readable. The structure is well-made at this point. Make sure you also have a bearish and a bullish scenario on the table.
BTC/USDT/UpdateThe goodbye kiss that I predicted in my previous Bitcoin analysis () was fulfilled today with a pullback to the ceiling of the broken descending channel. There is also a valid static support in this area. According to the status of the indicators, the probability of forming a new upward movement from this area is very high. My personal stop loss will be activated if the bearish channel breaks and stabilizes. The goals and limits of the loss are specified in the analysis.
Bitcoin BTC Price Targets after the FSB meetingThe Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation.
This could have have ripple effects in the entire crypto industry!
My price targets for Bitcoin BTC are:
BTC/USDT short
Entry Range: $24500 - 25000
Price Target 1: $23550
Price Target 2: $22800
Price Target 3: $21550
Stop Loss: $27000
#Bitcoin - thoughts out loud #17 !!! 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.
For the current period of time, I continue to look for opportunities to buy an asset cheaper.
As in the previous opinion, it was said that the range of 23000 - 23200 is a benchmark for further movement. As we can see, there is no professional activity. I expect purchases to resume around 19000 .
Thank you all for your attention, I wish you success, and remember:
Sometimes you win /sometimes you learn .
#Bitcoin
BTC/USD#bitcoin
impulse correction bitcoin is correcting to continue its rise to its highest levels since 2021
there will be several long-term buying opportunities
$21553
$20407
$19262
$17632
#bitcoin #btc #Cryptocurency #crypto #trading
it's important to note that the cryptocurrency market is highly volatile and subject to sudden price swings that can be difficult to predict. Therefore, it's important to approach any analysis of Bitcoin with caution and to keep in mind the risks involved in trading cryptocurrencies.
BTC: Short at high levels and long at low levels
Yesterday, Bitcoin fell below the previous low during trading, hitting a new low. This indicates that the first phase of the decline is complete. However, there is a flaw in that it is still 500 points away from the critical support level of 21500. The probability of a rebound at this point is gradually increasing, but since the trend is still bearish, shorting at high levels is still the main strategy.
The trading strategy is to short at 23600, with a stop loss at 24200, and a target of 21500 to 21400. Alternatively, if it falls to 21400, go long with a stop loss at 20900 and a target of 23600.
Don't let past regrets interrupt your current plans, and don't let anxiety and worries disrupt your steps forward.
As winter fades into spring and the sun rises and sets, every moment is precious. By appreciating the present and living each moment to the fullest, we can reap the rewards of a rich and fulfilling life.
[Tutorial] Price Action And How Can We Use It To Make MoneyWelcome to this video on Bitcoin and price action Part 1 of 3. But what exactly is price action, and how can it help you make informed trading decisions?
Price action is a technique used by traders to analyze market movements based on the price and
volume of a security, without relying on technical indicators or other external factors.
In this video, we'll explore some of the most commonly used price action patterns in Bitcoin trading
, including support and resistance levels, trend lines, candlestick patterns, price action patterns, and moving averages.
We'll also discuss how to use these patterns in combination with other forms of analysis to make informed trading decisions,
and how to manage risk when trading Bitcoin.
Important Event Today - Bitcoin Ready To Move On Both sidesBitcoin/4H In a bear flag pattern with low volume
With the pattern and volume bitcoin is doing tells us that a BIG move is comin which potentially we could touch the origin of the dump which is around 23.6 consolidate and build more longs , then K-Boom goes down around 20500 ( top of the CME gap)
A less potential move is because of more shorts we could legdown a little bit first ~ 22k or 21.7 then it goes all the way back up to 23.6 which in this case the upside should be very intense due to the liquidity to the upside
Reminder: As a Trader We should always have levels on both side so we dont miss any moves
Bitcoin: Long at this position
Hello everyone, after a big drop, Bitcoin has been consolidating and today I'm sharing my view on Bitcoin using a 15-minute chart.
As you can see on the chart, there are clear and regular box ranges. Since there are such clear signals, we certainly can't ignore them. I have marked the specifics on the chart, and it will be clearer for you to compare it.
My trading strategy is to buy in the current range of 22300-21800, with a target near 22900-23800. This is relatively certain, and the probability of profit is relatively high .
The reason for this trading strategy is that I believe Bitcoin will rebound to fill the gap created by the recent big drop.
Thank you for your attention and support. I will continue to update my trading strategy. If you have any questions, please leave a comment and I will help you with the most reliable solution in a responsible manner.
Have a great day!
Bitcoin bears aint letting it go higherBitcoin/1H exited the rising broadening wedge and stopped at the previous point of pump.
Please Follow,Boost,Comment.helps me wake up in the morning ^_^
With this bitcoin dump we expected a new Lower Low to form showing that BULLS are actually OUT of the market but Nope, it held the previous point of pump showing that Bulls still have little bit more left
BTC can comeup ~22.7 perform a bullish retest and goes as high as 27K stopping at the bottom of a CME GAP , jebaiting the moon boys and then crash down at the Next important Event ( FOMC , CPI )
IT could Also legdown another 5% getting close to the 20K gap , meaning no more upside and the down trend actually started.
Fundementals + detailed explanation on the video
Thanks for watching
#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
Bitcoin Still Wants That 24.6 - Fighting between Bears and BullsBitcoin\1H Holding the bottom of the rising broadening wedge
Yesterday we dumped and then we pumped back up BUT Bears pushed it back down. this down move tells me MMers trying to buildup more shorts before they push it higher
It also indicates Bearish momentum is getting stronger and Bulls having problem pushing it up
Please Boost,Follow,Comment if you find this informative
Expectation is we either hit AROUND 24.6 and come back down. or the retest and liq grab of 24.6 wont happen and we break the bottom of the rising broadening wedge for good.
Ive talked about BTC Correlation to SPX. SPX did bounce up a little bit yesterday but then it came back down,holdin the low showing weakness.
Detailed TA on the video
Thanks for watching
#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.