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Bitcon

BTC is in the decision Making progressBitcoin tried to break the $39,400 resistance level but failed to stay above it. In order for Bitcoin to return to the uptrend, this range is the first barrier it must cross. Bitcoin support levels have not changed yet and are in the range of $38,200 and then the support level of 36,300. Also, in the 4-hour time frame, Bitcoin was able to maintain its dynamic support, which if broken, could easily have a sharp drop. We have considered two scenarios in the chart, and now Bitcoin is in the process of deciding to implement one of the two scenarios. From tomorrow, Monday, we will see some movement in the market because global markets will open.
Long
by bizamooz-com
BTC Forecast: Breaking above $46000 will push higher BTC could not manage its near-term and trendline resistance level of the $46000 price zone for several days. Several times BTC price tested its trendline resistance. But the market already broke and stabilized its strong trendline resistance a few days ago. So, technically it is supposed to up. It is just a matter of time after breaking above $46000 BTC will go up. Breaking above $46000, our first target to the upside is $52000, the next target is $59000, and the final target to the upside is $68500. On the other hand, as long as BTC is above its strong trendline support, it won't change its uptrend. But in case it drops, BTC may test first of all its near-term support level of $39300 and strong support level of $30000. But it will be tough to test $30000 very soon without complicated causes.
Long
by Gold_Trading_Expert
I predict end of this bear period finally and officially long seeing BTC price action I predict that yesterdays fakeout was last attempt to shake out long traders also this sell off was due to kazakhstan mining issues which will be temporary - they cant stay without internet forever so I strongly predict start of new bull run from today enter long at 42200 or right now but ideally I want few hours BTC trade above 42700 go to around 43000 or more and then nice retest but maybe its too much to ask but that would be ideal long anyway, tomorrow I post other ideas lets see how it goes there are many other coins so opportunity will be there always next day is critical if BTC stay above 43000 its good sign I predicted at december crash and I was spot on :) Now I predict next bull run because i saw massive on chain data which confirm that 20000 BTC was moved out of exchnages so supply is less and price should go up nothing is 100% though we always talk about probabailities simply probabaility now is in favour of next bull run I would say around solid 80% onchain data technical and fundamentally temporary issues with kazakhstan mining should come to end very soon I dont have any fancy lines just pure logic and price action If price dont hold for many hours it could be fake out ideally few hours or day it stay above 43000 and tghen retest 42700 42200 ideally it should go to around 44000 and then retest so entry 42700 42200 SL 39400 TP 68900 :)
Long
by dzoniijcrypto
BTC IS DECIDING! OR TRYING TO DO SOMETHINGAfter rejected from yesterdays pivot point, it was on the road to 42K this what we see on the 1H timeframe chart, may be a consoladition. However, if we look at shorter timeframe like 5minute timeframe we see yesterday price was rejected from S1 and came to retest todays pivot. Like i draw on the 1H chart we have an upward trendline. if it breaks we expect to fall another trendline. We expect bounce up and come back to retest pivot in the 5minute chart. for now, in all charts we see a litte consolidation. our support is 48200 is being very strong but our Major support is 47500! if price goes down from 48200 expect 47500 and testing pivot line on the 5 minute chart. After 47500 highly chance we'll see 42K. Price is going up and down between 48200 and 48600 this range is called consolidation range. upward momentum and break will take us to R1(Resistance1) but downward momentum will take us to S1. CONCLUSION: PIVOT 50800 R1:60600 S1:42000 Minor Resistance:48600-700 49500! Minor Support:48200 47500! Falling from 47500 is critical you can open short its your decision. upward move from 49500 probably will lead to 54K-52K! its all from my experience!!! do your own research and analysis. these are just an idea. do not trade because of my words!
by endrgnss
Bitcoin Double-Top Theory (revised)This analysis breaks down traditional trend ideas to try to determine the top of the current bull market cycle. Bitcoin recently flash-crashed on April 17, 2021. There was a power outage that occurred that greatly affected hashrate. DOGE just reached a parabolic ATH. The Pi Cycle top indicator crossed over. Alt season appeared to be in full force with Litecoin reaching over $300. Here's why I believe that we could be at a temporary top, but why a second top is also in sight. Notice the 3.1 fib level created from prior cycles from top to second substantial bottom. So far it has predicted almost exactly where the bear market bottom could occur. Yes, this would knock Bitcoin off-track from the Bitcoin Log Growth Scales and also remove this cycle from many other previously believed to be true cycles. The 3.1 value has determined almost perfectly where the cycle top occurs in the next cycle. This is why I believe around $370k will be the next Bitcoin cycle top. This cycle more closely resembles 2012/2012 than 2016/2017. Each cycle ROI has lengthened in time. Thoughts appreciated.
BNC:BLXLong
by Kornholio
2
BTC - MARKET UPDATE WHAT NEXT BTC?Hello trading friends, I hope you had a good weekend. And this is the exact reason that we say most times don't see the weekend volume as real volume, because of stockmarkets enters and more reason what could give not right volume size trend. ✅We did add into our before updates when BTC hit the target of 46200 we will enter a new breakdown with time frame, and we can say we are at this moment into this breakdowntrend. 💎Same time know it's Bitcoin and manage your risk well, trend bitcoin looking for a new uptrend, at this moment trend is stable. Bitcoin will be only positive again from 46700 with a time frame. For day traders: It's a good time to take some scalp trading trends into the low time frame, of course with good SL. 📈lets the market doing its job, and going in trend where bitcoin should go. we will follow the coming time the trends Have a great day.
by watchtrend