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Bitcoinusdt

BTCUSD: Back to normal! Without Musk. Stay relaxed.Hello my friends! Yes, Musk manipulated the market. So what. For Crypto, it will be just an anecdote at the end. So let's ignore Musk and look at the charts. We had the Corona anomaly, which gave us a very cheap Bitcoin price. :-) After that, the price has held at the same level again. And after that, the bull run started... up to the current price level of 43K. Musk has driven the market further. Well done. Now he has made a 180 turn and what remains? We have consolidated, as predicted to the level of 43K. That's it. No more. As I also wrote in one of my earlier post, the last bullish support zone is at about 30K. Currently, however, I expect a consolidation at this level and then a further upward trend. -- Let's see what happens. Happy trading. :-) -- My Post May 14, 2021 My Post Apr 18, 2021 My Post Nov 19, 2020 My Post Apr 15, 2019 (2 year ago!)
KRAKEN:BTCUSD
by BTCINVESTING
37
Is Bitcoin at a bargain price or a hot potato? I wanted to show another view on some of the key indicators to make sense of the current market / Bitcoin weakness. Bitcoin is just at the 0.618 fib. retracement level on the weekly from the mid-January 2021 lows. That level is very key to hold. Also the 200 day moving average is just about in sight (about 6% or so downwards only). This is THE make or break level. As shown in the prior idea of mine that level does not get violated in a bull cycle. If it would then one can consider the bull market to be done or setting a new precedent (don't forget the statistical observation period of the crypto market is not very long) and will somehow magically recover. After all the hype Elon Musk / Tesla has been causing about Doge and Bitcoin lately with in my view frivolous tweets there appears to be a lot of panic selling going on by new market participants. Long-term HODLer are buying the dip and are enjoying the discount presented to them. In my experience the market and Bitcoin stretches from one extreme to the other and consistently until it hurts. This current pullback hurts a lot. You may notice that the RSI and Stochastic indicators show the market is oversold and a bounce back is imminent. I would not be surprised if Bitcoin will be squeezing the last statistical possibility out of and into the chart and pulls back touching the 200d moving average. If you compare this scenario to prior cycles the chart screams "danger" while at the same time it screams "enough already". The clear expectation to me is that while it may be playing cliffhanger with us Bitcoin is to recover this week and start showing strength again. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
BITFINEX:BTCUSDLong
by CarpeMomentum
BITCOIN Idea Update!Hey guys, Following prediction is an update for the 16 April analysis (Title: Buying Opportunity ahead for Bitcoin). So far, the price has exactly followed our arrow in the previous analysis. The ascending triangle has been broken, BTC lost the 60-62k level, and price has just touched the demand zone of 40-46k. The 16 April analysis was pretty much a short signal rather than a neutral idea and hasn't really detailed the path to 90k. Although the exact reversal point is not predictable, that's what I am trying to do in this analysis. FYI I am still a bull and believe bull market is not over yet. But personally I think one last leg down is still in the scheme of things. I would be happy if I am wrong though. There are two possible scenarios. In either scenarios, for seeing higher numbers, the price has to break through R1 and then R2. (The essential break out areas are marked red.) So far, the price has held the S1 trendline. if we remain above this support, it is likely to move towards the R1 curve (54-55k) very soon. The first scenario is to get rejected from that point, which will easily take us back to S1 and in that case, S1 is expected to be lost. Therefore, the price has the potential to move through the curved downward channel and reach inside the strong demand area (approx. 38k-43k). In that zone, momentum will be gained, and I expect BTC to start a huge rally towards 75k (R3) and 90k (R4). If we become able to break through R1 directly from here (above S1) and not get rejected from R2, then possibly the first scenario is cancelled and BTC will aim to hit a new ATH earlier than expected. As I said, I find the first scenario more likely. Hope that helps guys. if you are taking such trades, always remember to invest very small amount and do not go all in as chances of you getting liquidated will be super high. Stay patient with the dips. Best Regards, AMDEL.
by BritishInvest
BTC - End Of The Bullrun? Hi, this is my new update for BTC. Since BTC has a big role on how the altcoins play, we are focusing on BTC chart now. We got a bad news from Elon Musk 2 days ago and that led to a 20% drop on BTC all the way to the support level $47500 and unfortunately we made a lower low. If we compare the top of the 2021 with 2017, we are going to find something very interesting and that is we got the same retracement level 70.2% like 2017 and we got a big pullback and that was the end of the bullrun in 2017. So I expect the bullrun in Bitcoin is done if we break the support level $47500 (the last chance). The other bad news is that in the 2017 bullrun, we never broke the SMA100 and when we did it, it was the end of the bullrun in BTC. 3 days ago we broke SMA100. If you want to trade, the support level $39000-40500 is good idea.
BITSTAMP:BTCUSD
by GOAT1375
ONE OF THE MOST USED BEARISH PATTERNS: DESCENDING SCALLOPOne of The Most Used Bearish Patterns: Descending Scallop · The descending scallop is a bearish reversal pattern. · Descending scallops are common topping chart patterns. · This is a downward trending char pattern. · You can support me with your likes. · Also you can share your opinion with me in comments. · Attention: this isn't financial advice we are just trying to help people on their own vision. ·Have a good day!
Education
by CaptainBarbossa
2
BTC SMALL TRIANGLE BREAKEDI shared an analysis that I thought would break the shrinking triangle graph that I shared before, BTC / USDT has made a big break than I expected, and this shows us the analysis of sudden big rises in the long term. Let's not forget that the trend direction is still bullish. According to this analysis, it seems that a major correction can be made in the 70,000-75,000 Range. * BTC EFT confirmation can trigger these massive spikes. Not Investment Advice.
Long
by kumulkumul32
💡Don't miss the great buy opportunity in BTCUSDjust now Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (55962.75). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 65. Take Profits: TP1= @ 59314.30 TP2= @ 62033.55 TP3= @ 64871.92 TP4= @ 70000.00 TP5= @ 75000.00 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
10
💡Don't miss the great buy opportunity in BTCUSDjust now Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (55962.75). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 65. Take Profits: TP1= @ 59314.30 TP2= @ 62033.55 TP3= @ 64871.92 TP4= @ 70000.00 TP5= @ 75000.00 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
17
Bitcoin BTC Bart Simpson Wyckoff to 20kIm starting to see Bart Simpson all over the place.. let me know what you think is the comment section... Maybe you know about Wyckoff Phases.. one of my member bring this back today, Bart Simpson is Richard Demille Wyckoff :-) Do you think this scenario is possible? As a trader, we should be familiar with some of the leading theories concerning market structure and cycles. Some of the more popular ones include the Elliott Wave Principle and the Dow Theory. If this plays out 20k ? Last 2017 Bullrun !!Top
Short
by Crypto_Mercy
11