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Bitcoinusd

BITCOIN: A REJECTION OR A BREAKOUT?Hello traders, BTC failed to break above the $44k once again. Does it mean there's no hope for a breakout? Well, to answer that let us dive deeper into this analysis. - The $44k has become a strong sentiment for BTC; somehow, it fails to break and close above this resistance again. - If a rejection is repeated then $40.5k to $40.8k will once again be a strong support but before reaching that low, BTC will be holding another support between FWB:42K to $43k. - Talking about the breakout, BTC has a lot more to offer in this bull run. It doesn't matter if BTC gets rejected again, I would consider it as a good opportunity to accumulate more. Do you remember when $30k was a strong sentiment for BTC, we all expected a breakout above the $30k resistance. The same thing with $44k, sooner or later we will see a breakout. That's it for now. I hope you find this post helpful. Christmas Eve is 4 days away, so have a great time with your friends and family. Don't take a lot of trading stress. Together we will make it big. Regards, Team Dexter.
BINANCE:BTCUSD
by Dexter_The_Trader
Why are you sitting on your hands?There are numerous indicators screaming buy for the last 4 months. we are in the best buy zone of our time RIGHT NOW!!. The evidence is over whelming that the bottom is in!!! Why are you waiting? Why are you listening to the news? is it different this time? Not really. In previous history by the time the lower BLUE band flashed the CM ADX the bear market was ending . so lowered prices preceded the blue. This time was different... what?? yes it was. the BLUE flashed and then the price followed, however the stochastics are CM MACD is about to cross up and this is a bullish indicator. One other trend is this blue buy zone is getting smaller every time it happens. The bear market looks like it will be ending by March/April of 2023. Thanks for looking comments and questions down below.
BNC:BLXLong
by WeAreSat0shi
Bitcoin marking its way to $48k.Dear traders, I hope you all are doing well. I bring you a brief BTC analysis on a 2-day timeframe chart. Recently, BTC experienced a dip, touching close to $40k, but it swiftly rebounded to $44k. Based on the current BTC movement, there's a likelihood of it reaching around $48k. However, considering the RSI level, it's crucial to stay vigilant for a potential downturn. I've identified $47.8- FWB:48K as the current resistance and $40.8k as the support. Share your thoughts on BTC's price in the comments. Best regards, Team Dexter.
BINANCE:BTCUSDLong
by Dexter_The_Trader
A bearish 2024 - 14525?Trying to speculating how bitcoin can feasibly reach 6 figure targets by developing bull structure in the form of a large pennant. This would imply a significant pullback to form new lows targeting 14,525 in 2024. Would need to see signs of weakness around this current price range ideally 45.5k rejection, however price can continue further in which case the structure of the chart would need to be reassessed to figure out what in the actual FibOnaCCi is going on. Key prices in this analysis. 45,505. 14,525. 261,000. No one knows where the market goes, the best guess wins. Oh, and blame yourself if I'm wrong.
Long
by TheCheartBreaker
Can Bitcoin Hedge Against a Falling Dollar?Global inflation often signifies a weakening of global currencies. The question of whether Bitcoin can serve as a hedge against a depreciating dollar has gained significant interest among investors. Or should it still be the Gold? In this study, we will analyse the top 8 cryptocurrencies to determine which one is a more reliable currency hedge. Bitcoin & Its Minimum Fluctuation $5.00 per bitcoin = $25.00 BTIC: $1.00 per bitcoin = $5.00 Code: BTC Micro Bitcoin & Its Minimum Fluctuation $5.00 per bitcoin = $0.50 BTIC: $1.00 per bitcoin = $0.10 Code: MBT Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
CME:BTC1!Education
by konhow
1
Posible Bitcoin BTC price moving for next weeksThe growth of the BTC price has reached a vertical and un corrected value. For the growth trend to continue harmoniously, a correction would be helpful. Two GAPs have formed on the CME BTC chart in the ranges of $39310-40480 and $34100-34400, which would be good to fill. Altcoins can still "catch up" with the growth of the BTC price for a few more days, at least for now they are showing strength, but they can also "stone down". We personally do not feel comfortable taking longs at the likely highs, so we would rather place limit buy orders well below current prices to avoid tempting fate. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
2
BTC ₿ Broadening Wedge: A Forecast from Support TrendlineDear Respected Investors, For those familiar with our track record, the customary elements on the chart should provide a sense of familiarity. If you're new to us, let me offer a brief introduction. We specialize in educating individuals on creating their trading AI, often utilizing advanced charting tools like TradingView for explanatory purposes. This particular idea is a collaboration between AI and TradingView. From an AI perspective, this chart results from a sequence of trading bots using a technique known as boosting, employing a random forest algorithm to define forecast subsets. Simply put, the displayed chart represents the culmination of the latest bot's analysis, incorporating insights from all preceding bots in the sequence. The AI has identified a chart pattern known as a broadening wedge, typically signaling a continuation pattern. Assuming a bullish trend, this pattern suggests a continuation of positive momentum. The support trendline of the wedge, traced from local bottoms within the wedge zone, is noteworthy. The recent retracement to $35,800 aligns with this trendline. The potential upward movement could extend to the wedge resistance, marked by the upper blue trendline at $39,500. These two trendlines illustrate the broadening wedge on the chart. While our AI leans towards an optimistic scenario, it's crucial to acknowledge the inherent volatility associated with broadening wedges. Accordingly, we've set a stop-loss below the support trendline. We also encourage you to leverage all available safety measures. This isn't investment advice, so thorough research is recommended. If you find our work intriguing, we're open to sharing more about our AI's trading analytics with Santiment indicators and insights on training your AI to incorporate Santiment. Warm regards, Ely
BITSTAMP:BTCUSDLong
by Elysian_Mind
Risk/Reward favors downside shift to risk Off Sentiment.. BTC has reached a crucial point in which candles appear to be failing around 35K. We must consider potential scenarios to begin the new month of November. In One of these scenarios we may anticpate a retracement to capture fomo liquidity. Fomo liquidity is psychological concept in trading that refers to the chasing of price. New Monthly candle retracement for liquidity purposes. Current : 34775 33,372 TP 1 TP 2 30,300 Weekly Level Trade idea Fakeout back below 35K
COINBASE:BTCUSDShort
by ShrewdCatfx
1