Get started

Bitcoinupdate

Bitcoin holds breakout and retakes 30KBitcoin is back above 30K in today's session extending yesterday's breakout. Hard to look past Bitcoin today as buyers hit 30K, a price level not seen since June 2022. The move started yesterday as Bitcoin buyers broke above 28,600 resistance, and the move was held at the close, which is a great sign as it's the first set in confirming the move. Today buyers jumped back into gear, breaking yesterday's high and moving back into the 30K Handel. In under two days, just over 7% of value has been added to its price. The breakout looks to have confirmed an ascending triangle pattern, and these are quite common continuation patterns seen in up trends, so it's a good sign to see this as it could suggest that the current uptrend has further to run. If we do see further upside, we will be looking at 31,800 as a possible level of resistance. If we do see a new reaction lower in the short term, we would like to see the breakout point become support which is a sign of buyer strength. US CPI is due tomorrow, if we did see a surprise jump to the upside in US inflation, this could impact Bitcoin on the short term, but we hope that it would only be minor as Bitcoin has been running its own race so far this week ignoring yesterdays rally on the USD. Good trading.
EIGHTCAP:BTCUSDLong
by Eightcap
BTC performed a Stop Loss Hunt.Where is BTC next stop ? Bitcoin Head and shoulder pattern played out We could call this pullback to its origin of dump an Stop Loss Hunt. in this case the upside move needs to be retraced back down and even some more dumpage has to happen (likely to happen) Around 24.4 theres around 6000M liquidation cluster which I think its in play If it continues up there is a possibility for 30K to happen ( less likely) There was some high leverage that has been removed with the pump and liquidity to the upside is kinda empty Thank you for watching
BINANCE:BTCUSD.PShort
by pcmonk
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
BINANCE:BTCUSD.PShort
by pcmonk
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
BINANCE:BTCUSD.PShort
by pcmonk
2
Bitcoin Bull Market Back Or Fake Pump?BTC/3H Back to the rising broadening wedge Please Boost,Follow,Comment it MOTIVATES me to do more for real!! Yesterday we were inside a rising wedge but we Also were forming a pennant at the top of the wedge which was a sign of continuation to the upside. we exited the wedge and we went to ~24900 (Touching the top of our rising broadening wedge). there is a resistant ~25214 which it jebaited it and not reached it YET , we could legup and liquidate all the high leverage shorters or crash back down we could also go higher and touch ~28K then start forming a new range between 28k and 25k which is less likely to happen. More liquidity to the downside than upside and that is the reason why we go up with less volueme than we go down. Thanks for watching!
TVC:DXYShort
by pcmonk
BITCOIN Technical AnalysisWelcome Traders, Investors & Gamblers 😃 Let's Talk About Bitcoin! It's been a while since I posted here on @TradingView, hence I wanted to give you a quick but hopefully comprehensive view on the current range and expected price targets for Bitcoin. It's all in the Video for you guys, but as always, here you can find all the individual charts that I've been using in it! 4h Charts: Local Support(white)/Resistance(orange) levels and breakout targets (green) Fibonacci Retracement on closing basis (39.800 - 27.700) Descending Triangle 1D Chart: Weeky Charts: Fib. Retracement March 2020 - November 2021 Falling Wedge Pattern: Current Support I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise. As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! 😃🙏 Happy Trading ✌♥📈
BITSTAMP:BTCUSD
by DeFeye
2
BITCOIN What's Next? What's up Everyone! 😃 I decided to upload a couple shorter Bitcoin videos 🎬 to point out the most interesting parts out of my longer weekly update video. In this video I'm looking at the inmediate short-term future for Bitcoin on the 4h BTCUSDT chart. This is the longer video from earlier where I mention everything in this video, but also talk about other larger TF's. 👇 THANK YOU for your time! Like 👍 = 😃 Comment 📜 = 😁 Happy Trading ✌♥📈
by DeFeye
3
BITCOIN 43k-44k TOP!?What's up everyone! 😃 A much shorter video and description as per usual, but the title says it all. Just one potential scenario of many that would line up with my lower targets of 33k and 29k mentioned in my previous post below: I would like to add that this is for educational purpose only and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise. As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, and really helps me to get my ideas out to the world! 😃🙏 Happy Trading ✌♥📈
by DeFeye
3
BITCOIN Bulls In Control!?Good Morning Everyone! 😃 Really early for me as I started recording around 4.30am, but just felt like it had to be done! 😂 As always I tried to keep it simple for you guys, just pointing out where we are at after the latest BTC rally, and what still lays above us to continue in that direction. Please let me know if I can do something different in the comments, or simply drop me a like if you like the content! 👍😃 The charts from the video: 4h: 1D: 1W: 1M: I would like to add that this is for educational purpose only and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice. As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, and really helps me to get my ideas out to the world! 😃🙏 Happy Trading ✌♥📈
by DeFeye
BITCOIN Bottom Options!What's up Everyone! 😃 Another week, and another weekly Bitcoin video 🎬 update and as always I kept it simple for you guys. This time I wanted to focus on some of the different options that Bitcoin has for a bottom before we see a bullish reversal. Have we seen the bottom or are we going even lower? Click play ▶ and hear my opinion! Charts from the Video: 4h (Local levels): 1D /Falling Wedge): 1W (H&S): 1M (ascending channel): I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice. Thanks for stopping by, I hope you liked my post, and if you did, please drop a like or comment, it helps me to improve my ideas and puts a smile on my face! 😃🙏
by DeFeye
4
BITCOIN Where are we at?Good AfternoonEveryone! 😃 Here is my latest BTC update Video 🎞️: Here are the charts shown in the video: 4H: Weekly H&S: Weekly Falling Wedge: Monthly Channel: I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice. Thanks for stopping by, I hope you liked my video🎬, and if you did, please follow for more or drop a like or comment, it helps me to improve my ideas and puts a smile on my face! 😃🙏
by DeFeye
2