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Bitcoinusdt

BITCOIN PossibilitiesBitcoin has been printing bearish momentum for a long time and 50 SMA will be crossing 200 SMA for the 3rd time in Bitcoin price action history. This ended up with brutal downsides in the past and .618 Fibonacci retrecement is waiting for us which is very well respected since December of 2020. If that Fib level can hold, it might be an epic bounce and we might some more bullish momentum by summer. If that .618 Fib Zone can NOT hold, we might possibly see some more downside. I will be voice recording this idea to explain better than writing. Best regards,
BITSTAMP:BTCUSDShort
by Senturko
Bitcoin won't see new ATH this year!Hello Traders, The chart says it all, but please read the below info: Bitcoin has experienced three significant rallies in the past. The second one took almost three years, and then we were in a one-year correction phase (almost ~-85% down from the previous ATH). The third rally took the same time frame (considering $69k as the top). If the history repeats itself, we are in the one-year correction phase since $69k, and it's not finished yet. As you see on the chart, Bitcoin always respected the 0.382 Fibonacci level, one of the most common reversal levels. Bitcoin has not touched that level yet. There are two probable scenarios now: 1. Consolidation between $30k-$50k until Nov 2022, then the new three years rally will begin. 2. Consolidation between $30k-$50k until Oct 2022 plus one-month downtrend as last buying opportunity below $28k and probably close to 0.382 Fibonacci level (~$22k) then the new three years rally will start from Dec 2022 until Oct 2025. Based on the previous cycles' length and data, this is the most logical outcome. Please note all estimated timeframes may change because of unpredictable external and internal factors. Please hit the like button if you agree and share the chart. Thanks.
BITSTAMP:BTCUSDLong
by ir0nhand
BITCOIN - DID WE BOUNCE?BINANCE:BTCUSDT Quick update on BTC's price action. Seems like the higher lows structure doesn't want to give up and despite the FUD in almost every market BTC remains neutral. Right now everyone's watching the area around 39 000 = my yellow support line. Once we break it I will exit all my long positions and flip bearish for the next two or three months. My MFI is not yet oversold on the 4H but there's been a strong support zone established at the 39 - 40 000 level. Let's have one more bottle of that hopium. Stay blessed and have a nice day.
by chopswag420
BTC Sell into a rally.Bitcoin - Intraday - We look to Sell at 44587 (stop at 45606) Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end. 45332 has been pivotal. We look for a temporary move higher. Preferred trade is to sell into rallies. Bespoke resistance is located at 44500. Expect trading to remain mixed and volatile. Our profit targets will be 42004 and 41104 Resistance: 44000 / 44500 / 45500 Support: 42000 / 41500 / 40500
BShort
by Signal_Centre1
2
BITCOIN IS GETTING SQUEEZED Here is what I see going on with bitcoin. On the 4hr timeframe, we are currently seeing resistance at the 200 ema as well as the ichimoku cloud. The price action is above the ribbon but under the cloud and 200 ema so the price is getting "squeezed" between the resistance/support. 1) Im leaning more towards move #1 but with low confidence. This is based on the green zone of support giving us higher highs almost every time we test it. 2) BTC has some pretty serious resistance ahead as marked by the ichimoku cloud as well as the 200ema. This area also lines up with the EMA spread on the daily chart, of which the price is currently under. It is worth a note the spread on the daily isn't very wide so we could break this with ease depending on how strong the next move to the upside is, if we get one. 3) If we do reject here, and we get sent to the bottom of this green box, outlined with situation 2, I believe we will likely find support at it as when we've tested it before it was a quick wick down. The only problem then is we would have quite the rejection from the 4hr ichimoku that would set a lower low. If this happens we could be entering a new downtrend as the ichimoku only works well in trending moves 4) As always this is not financial advice and always do your own research before entering the market.
COINBASE:BTCUSD
by MarketM8ker
BTC Buy a flag break.Bitcoin - Intraday - We look to Buy a break of 41606 (stop at 40978) Posted a bullish Flag formation. A break of 41600 is needed to confirm the outlook. A break of the recent high at 41557 should result in a further move higher. We are trading at oversold extremes. A higher correction is expected. We look for a temporary move higher. Our profit targets will be 43323 and 44223 Resistance: 41500 / 42000 / 43500 Support: 40800 / 40000 / 39200
BITSTAMP:BTCUSDLong
by Signal_Centre1
2
BTC technical analysis 4/2/2022 *NOT FINANCIAL ADVICE*51.4K within 12 days? (4/14/2022) based off inflection point on trend line (arrow 1) I think it will happen by Monday IMO (3 days) this is based on previous symmetrical top (arrow 2) potential marker for near symmetrical retracement based on previous high in bearish cycle (assuming our retrace up looks similar) (arrow 3) My technical reasoning: -Ascending triangle was formed and a breakout was confirmed -Triple bottom formed within the ascending triangle (2 bullish charts is a good sign for me) -Momentum & Money Flow Index are in line with Stoch RSI potentially confirming the start of a larger trend. -MACD is on the cusp of a reset whales & Institutional buys are the brunt of this next inflow. I'm personally going long. Anti-Hedge
Long
by squirrelnutz
BTC continues to old resistance levelsHi guys, in order to be safe, please manage your assets when BTC is in either of two red zones. these are very powerful resistance zones and lines. have at least a profit by selling a portion of your assets. a suggestion: on the first red zone, do not open short positions at all. (unless a very strong sell pressure is obvious, btw it's risky) but on the next red zone, you're okay to put your 2way strategy to the test. even for a sell position, it might be safe. but we will share ideas at that level. ask your questions in the comment section below.
BITSTAMP:BTCUSD
by Finnovin