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Bitcoinupdate

BITCOIN Potential Volatility Incoming!Happy Sunday all! 😃 Quick BTC update! My main focus here is the 43.5k to 44.5k level which will be decisive for the future of BTC. As always i prioritise the horizontal lines as an idicator for price action, and patterns such as this one, mainly serve me as an indicator for 'when?' If you would like to know more about the importance that the 43k-44k region has for BTC, check out my last video 🎬 here: 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
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 Inmediate Short-TermHey Guys! 😃 Real Quick! I just wanted to point out specifically where we are in the 4h after I just posted a video on multiple BTC time frames including this one. Find the 🎬 video here: 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
2
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 Two Bullish Scenarios!b]Hi Everyone! 😃 I hope you are enjoying your weekend, I just wanted to drop a a quick Idea with a couple of mid to long-term bullish scenarios. As always I tried to keep it simple and visual for you guys, let me know if I can do something different in the comments, or simply drop me a like if you agree! 👍😃 I've been covering these scenarios in my videos over the last couple of weeks, so make sure to check them out on my profile or find latest video here below 👇. I will be posting a new BITCOIN 🎬 Video Update this afternoon. 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
7
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
BTC Short-Term UpdateGood Evening Everyone! 😃 My short-Term view remains the same as last week despite a decent performance in the markets the last couple of days. Here I broke down the what I expect from Bitcoin in the coming days! Fibonacci: The 0.382level at 37k forms the current local support. The 0.5 area just above 38k is the level that we are yet to see a candle close above. The local Fib. retracement shows us the golden pocket (0.618-0.65 ) just below 40k. if we manage to break above the 0.5, we have to watch out as the area between 0.5 and 0.618 is common territory for bull traps. If we were to break above that area, macro targets such as the bull market support band and the 200 sma come into play. On the downside we can see perfect alignment with the Fibonacci retracement levels and our horizontal support lines. Double top, broken channel and lower low: Here you can see my post from the past weekend where i posted about a potential double top for BTC which later was comfirmed and BTC broke down from the ascending channel which resulted in the first lower low on the 4h since Dec. 24th. Volume: The double top was formed due to lack of volume in the area just below 39 and upwards from there. (See the VPVR bars on the right side) Until we see more volume at the levels above 38k, I remain short-term bearish as far as breaking above 39k goes and I think it's more likely that we move down to the 33k support level in the next days/weeks and maybe get a local rally before we eventually drop down to 29k. Stock Markets: The recent mini ralli was iniciated by a strong performance and close from the US stock msrkets, that mini rallie is continuing today after stock markets are showing strength again. Although Bitcoin and the crypto market also have been looking healthier in the past week or so, in the most recent weeks and months we have seen that the close correlation between the price movement of Bitcoin and the US stock markets has been derailed at least temporairly as Bitcoin has dropped 36-40% more than those markets in the last 3 months. Let's see if recent history can repeat itself and things hopefully turn around soon. If you would like to know more about Bitcoin and larger timeframes, stay tuned for my weekly update video 🎬 tomorrow and until then you can check out my last Bitcoin update here below👇! 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
1
BITCOIN Tea Time?Evening Everyone! 😃 As per usual for my posts later in the evening, i leave it all in the charts for you! 😃😴 As mentioned there also, this is solely one of many options that are possible, and only serves as an example for this bullish Cup & Handle Pattern ! 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
Bitcoin Update - New YearHi guys! I think the chart can talk for itself. You can see that there's a trendline, which has been respected by BTC several times. As long as that doesn't break, I will not be bearish. You can see that we can spot a divergence, that's pretty clear too. So let's summarize what we see on the chart. - Divergence = RSI is making higher lows than the Bitcoin price. - Bitcoin seems to react on the trendline. - A bullish reversal pattern is in its formation. - 2 key levels that need to be broken. - Back in October, we had the "same" situation. Divergence + 2 key levels that needed to be broken. When that happened, we went up almost 70%. If this happens again, then we will hit our 70K target. Conclusion: There's literally no need to panic as long a Bitcoin doesn't break the trendline. Don't forget to support this idea by giving it a like!
Long
by EliteTradingX
2