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Bitcoinusdt

BTCUSDTThis is a 1D frame analysis for BTCUSDT As expected, after bouncing off the support line, the price encountered the first resistance line and started to move upwards. As per our previous analysis, we expect it to reach the desired line and then, after demand, to move powerfully towards the resistance lines. Keep in mind that after the price bounces off the demand line of Bitcoin, it will stabilize above it and keep an eye out for the consolidation patterns that may provide support and cause the price to slowly go up after a short spike. We can then take advantage of this by making a ladder buy. Investors should definitely adhere to this and make ladder buys.
by MarsSignals
1
Bitcoin price and altcoins future: dreams or nearest trueTwo months ago, we published the BTCUSDT idea with two possible price movement fractals As you can see, the green fractal is working quite well Today's fractal, which we took from the history of BTC trading in 2016, also fits quite well with the current behavior of market participants. The two fractals have an interesting coincidence: they do not predict a sharp rise in the BTC price. They show that in the past, in similar situations, there was a long consolidation in a narrow trading range with a smooth "creeping" growth. If we believe the fractals superimposed on the current trading situation, then the BTCUSDT price of will be able to update the maximum of 2023, above $31,000, only by the end of this year. What will happen to altcoins during this time? In order for altcoins to start growing, the dominance of BTC needs to start falling. At the moment, BTC.D has updated the highs of 2021-2023 and the growth potential of at least to 51-53% is now visible. Assuming that the BTCUSDT price will be trading in the range of $25,000-30000 by the end of the year, and that BTC.D will simultaneously falling to at least 44%, this will be "a ray of hope" for the growth of altcoin prices. The logic is as follows: while the BTCUSD price is trading in a narrow range for a long time, the "big money" may get bored and start to gradually transfer capital from Bitcoin to altcoins. Or pumps alts in BTC pairs is the technical aspects of the "magicians" In turn, this process may trigger the following: a drop in the dominance of BTC.D, the main thing is not to increase the dominance of USDT) pumping of certain "categories" of altcoins. By the way, we are still thinking about what "caste" of altcoins will be called the next "future of the crypto market", as it was with ICOs, DeFi, NFTs, or AI with Web3. the inflow of "new and fresh" money to the crypto market, because here everything is growing so fast that you can get fabulously rich in a matter of days) which can scale the pace and number of altcoin pumps. What are your thoughts on the above? Is it real? What type of altcoins will start the next alt-season? Share your thoughts in the comments. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
33
BITCOIN Next Days/Weeks Happy Thursday Traders & Investors Let's look at a couple of likely scenarios for Bitcoin and the key levels to keep an eye on: Option A: Bitcoin lays right on the riffled support line of the current downtrend, and could bounce to test the area around 28.500$ where the downtrend resistance lays in confluence with some major Fib. Levels of different retracements from the highs and lows of the overall uptrend. A brake above that key resistance area would likely take #BTC to retest the uptrend support and bring new highs in the range between 34-35.000$ On the other hand, a rejection in the 28.5k area would take #Bitcoin back down to a crytical level where Bulls will want to see Bitcoin forming a higher low on the overall uptrend, ideally above the dotted trendline which is also supported by some important Fib. levels and the riffled support line of the current downtrend at around 25.000$ Option B: If the bears take control and brake below the current riffled downtrend support line, we could see Bitcoin dropping straight down to about 23.800$ and the previously mentioned uptrend support in confluence with crytical Fib. Levels where Bitcoin will need to find a bounce in order to avoid a drop all the way down to the range of 22-21.500$ 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 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, but also helps me to get my ideas out to many more of you guys! Happy Trading ✌🧡📈
INDEX:BTCUSD
by DeFeye
BITCOIN, Green Or Red path?The red path can see the targets of $7,156 to $5,564 if the curve breaks from the bottom. But if the lower curve is not broken, it can see the targets of $74,160 to $88,260, which is also the ceiling of the upper curve. In the time of 1 month, we have reached close to oversaturation, which means that we have the possibility of a short correction, but in the time of 3 months, we have reached oversold, and this means that after this correction or a sharp fall, we will reach the end of wave 5 of the red path. Or it completes the 2nd rising wave and moves towards the targets.
INDEX:BTCUSD
by Rezaei0013
1
The Fight For 26,749 Daily Zone 🐻 | Bitcoin ₿With 1 Day until the weekly candle close we can observe a currrent Doji candle forming. & This is not particularly exciting for either side. The Daily Candle closing in 2 hours appears to be closing at our 26,749 $ Daily S/R Zone. This is good for the Bears. The Bulls are desperate for a strong close above here. Even if the next daily candle goes up and closes up 1% we still would have + 1.5% to go to reach the weekly high at 27,500$. I am still favoring the Bears as price has been moving down on the Higher timeframes in the medium term and that is likely to continue. For Bulls if we can break and hold above 26,749 $ then we may see an easy move back up to our 4hr zone 27,250
COINBASE:BTCUSDShort
by ShrewdCatfx
1
BTC Trading Signal: Go Long In the opinion released last Saturday, I clearly told everyone that if you break the trend line, you can go short, support 28600-28200, and go long near the support, with a target of 29000. Both transactions are perfectly completed. Today, Bitcoin fell below the 28600-28200 support, which has turned into resistance, and the support moved down to around 27200. After a continuous decline, the 30m chart pattern has a rebound demand, so the next transaction is mainly to do more at low levels, and the upper resistance focuses on 28200-28600.
Long
by EagleEyeStrategy