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Bitcoinusd

BTC in the fourth wave could go to $24,900 1. The BTC price is losing a bullish channel, the high of which coincided with the third impulse wave, since it started the upward trend from January. 2. This bullish channel coincides with the upper parallel of a trident. The price is breaking the bottom of the channel, which coincides with 0.328 on the upper side of the trident (in purple). 3. BTC is testing strong support at HKEX:28 ,600. If the candle for this Thursday closes below the indicated bullish channel, it will have broken the pattern. 4. The breakout occurred on high volume, so this breakout is valid. 5. If BTC loses the support of HKEX:28 ,600 in the next few days, the price would attack the median of the trident, which could generate a panic sale. This would complete the fourth wave, which is correction. The target may be at $24,900.
INDEX:BTCUSDShort
by Bitacademyweb
Bitcoin. Three targets for the decline.Hello everyone! At the moment, the asset is forming a bearish engulfing candle that has absorbed the previous daily candle, and the price cannot hold above $ 30,000 In the near future, the asset may further decline to the 0.618 or the next Fibonacci level of 0.382, which intersects with the ascending trend line. These are two scenarios that may occur. The third scenario suggests a possible drop in the asset to $ 21,000. This is not a financial recommendation, and everything you do is done at your own risk.
Short
by neverovv
2
TheKing Ways Up- Some Traders are still waiting for lower prices. - But to go lower BTC must first go higher. - TheKing is in transition phase : " Bearish to Bullish ". - Some retracements have to happen on the way up. - Some Fuds have to happen on the way up to create those retracements. - Today CPI results could impact a bit the trend ( Stocks + Cryptos ). - Notice on the Graph MA50/MA20 (4D) will cross up soon - Those MAs will create some new support zones. - This Graph is just based on comparison between 2018-2020 // 2020-2022 and an eventual " Story Repeat ". - Covid19 Black Swan included. - Just follow the Circles and keep it simple. Happy Tr4Ding !
COINBASE:BTCUSD
by thecryer
12
BTCUSDT - Classic Bump and Run MethodHi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Today's analysis on Bitcoin is purely trend-based and focused on the MACRO trend. (If you're looking for a technical indicator analysis, take a look at this one : ) If you're looking for a comprehensive update on the Bump and Run Method, you can find it here: All in all, if timelines are considered BTC is due for a Bullish cycle. This doesn't mean we can't go sideways for a while, but it seems highly likely that the accumulation phase is now over. Another reason why I am bullish on Bitcoin is due to the uncertainty regarding banks at the moment. Check out the two posts linked to related ideas below, they cover all of that information. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
63
All Eyes on 30,240 4Hr Level 👀I like 30,240 for the Daily Close. Price is consistently respecting our 30,600 Level. We can observe a sort of head and shoulders whatevr you want to call it and multiple daily highs rejecting 30,600. Is it our Fakeout level back to 28,500. I can see fomo buyers holding the bag here just because of our daily highs at 30,6 looks like distributing. If i'm a buyer i would like to continue to see HL's and we stay above 30,24. Then we may increase up to next daily level at 31.3K. Otherwise we may range or slowly distribute back down to 28,5 for liquidity.
COINBASE:BTCUSDShort
by ShrewdCatfx
BTCUSD: Shocking Similarity From Last CycleHello all, The market has been silent for nearly the past month. BTC & ETH broke out of their ranges over the last week. Many people were caught off guard from the break of 30k that occurred yesterday. This was heavily predicted and expected based on many indications. Simply put, many indications pointed to the market being in a very similar spot as April 2019 (the month before BTC broke 6k and rallied to 14k). One of the main technical indications that led me to believe BTC was going to break 30k was the fact BTC was consolidating under a large resistance for nearly a month. This was not a usual pattern based on BTC's price history. Essentially BTC printed 3 dojis on the 1 week chart (under a massive resistance). Many expected BTC to not be able to break that massive resistance level as it didn't have any large pullbacks since its swing low at 19.5k However, I looked at this in terms of supply & demand. One of the most powerful ways to identify strong supply & demand zones are by looking for a strong price reaction from that level. Example Chart: The zone I have been referring to is from 28.5k - 30.1k. As seen above, this zone has been respected for a long time. Each time price bounced hard off this zone, it continued to trend higher for some time. When BTC came back down to this zone in May of 2022, price did not have any hard bounce off the zone, and fell -50%, proving the demand was lower. Fast forward to today, and we can flip this logic and look at this area as a supply zone. When BTC reached this level last month, we never saw a hard rejection from this zone, proving the supply (liquidity is another way to look at it) was higher. Now after a month of consolidating below, BTC is above the zone. Now we ask, what is next? Well, as seen in the posted chart, BTC is showing very similar price action as to April/May 2019. A major level was respected each cycle (shown in gray). Both times, price broke this level, dropped -50%, bottomed, came back to the gray level, broke the 200MA, consolidating below the gray level for a few weeks and then broke it. Along with a few other technical points, BTC seems to have more fuel in the tank to push price higher. If at anytime BTC falls back under this zone, we cannot consider any bullish thesis. Thanks for reading and I hope you all enjoyed! Please COMMENT & LIKE!
COINBASE:BTCUSD
by traderview2