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Btc-usdt

₿ Bitcoin Road to $20k ₿₿ Bitcoin Road to $20k ₿ Nearest strong support zone: Surrounding the recent lows of the downward correction. ₿ Nearest strong resistance zone: the 0.618 fibo level of the entire downward wave (21500). ₿ Technical environment: - Moving averages: 50/50 - MACD: Uptrend - RSI: Uptrend - Supertrend: Downtrend ₿ Price action: Bitcoin is not about to fall anymore since the accumulation that has been going on since June 2022 is slowly coming to an end, as you can see there are no more sellers at the 16k price. Weak hands have already gotten rid of Bitcoin, all the big players have already accumulated around 20k and are just waiting for capital to return to the financial markets, Bitcoin in my opinion will follow the major stock indices of the United States and we will systematically see it at higher and higher levels. ₿ The scenario that I am playing out is the start and continuation of increases on Bitcoin over the next weeks/months. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
Long
by InvestMate
9
₿ Bitcoin Wakes Up ₿₿ Bitcoin Wakes Up ₿ Nearest strong support zone: around recent lows. ₿ Nearest strong resistance zone: around 18k. ₿ Technical environment: - Moving averages: 50/50 - MACD: Uptrend - RSI: Uptrend ₿ Price action: over the recent Christmas period Bitcoin stood frozen around 16.5k for an extended period of time, todays candle clearly stands out from the rest. We are currently scoring a correction but if we managed to maintain the upward momentum, the area around the nearest resistance is within reach. ₿ The scenario I'm playing out is a continuation of growth to the vicinity of recent resistances, but I don't exclude a break through 18k. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
18
₿ Bitcoin Quiet Before The Breakout ₿₿ Bitcoin Quiet Before The Breakout ₿ Bitcoin has been hovering around 16k for almost two months where any attempt to drop is pulled up very quickly. ₿ It looks to me like a typical accumulation which is very characteristic on most cryptocurrencies. ₿ So far, it does not look like Bitcoin is going to go even lower. Looking at the high correlation with US indices which are also preparing for the next wave of increases. A breakout at the current moment seems much more likely to me. ₿ The scenario I am playing out is to wait for the first signs of a return of growth and join the uptrend. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
4
₿ Bitcoin Waiting For A New Upward Momentum ₿₿ Bitcoin Waiting For A New Upward Momentum. ₿ Still no decision on Bitcoin. The last hours again brought a small downward impulse. Which, with its range, did not move significantly away from the support zone on which we are currently located. ₿ Looking at the technical environment, with an emphasis on the long-term perspective, it looks like the next few weeks could be really rich in growth. ₿ I am still waiting for a strong upward momentum to begin, which would confirm my long-term perspective. ₿ The scenario I am playing out is to wait for an upward breakout to join the upward movement. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. ₿ *Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
6
₿ Bitcoin The Beginning Of Increases? ₿₿ Bitcoin The Beginning Of Increases? ₿ Bitcoin has defended the support zone determined by the 0.618 level of the entire upward wave from the bottom to the current peak. ₿ It looks like there is no more strength for the declines. ₿ Looking at the technical environment, the chance of executing a new upward wave is increasing. ₿ The scenario I'm playing out is the start of the increases and, in the long term, the breakout of new peaks. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. ₿ *Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
4
₿ Bitcoin Chose To Decline ₿ ₿ Bitcoin Chose To Decline ₿ The post is a direct follow-up to my yesterday's post in which I wrote about the possibility of attacking the recent lows: ₿ As you can see, Bitcoin chose to move south which opened up an opportunity to attack the 0.786 level of the entire upward wave from the bottom to the current peak. ₿ The resistance zone is located around the fibo 0.5 level. ₿ Looking at the technical environment: MACD, RSI the fact that we are under the moving averages only confirms my downward scenario. ₿ The scenario I am playing out is a continuation of declines to the vicinity of the support zone, where I will be on the lookout for how the price will behave because I believe that within the next few weeks we are in a position to start a new upward wave. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. ₿ *Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Short
by InvestMate
2
₿ Bitcoin In Anticipation Of Decisions ₿₿ Bitcoin In Anticipation Of Decisions. ₿ Bitcoin currently faces an important choice. ₿ Will we attack the recent lows once again. ₿ Or do we initiate an upward breakout. ₿ The next few days will weigh the fate of Bitcoin for the next few weeks, so I recommend keeping a close eye on this cryptocurrency. ₿ All due to the technical situation. ₿ We are in a place from which it is easy for us to start falling but also to continue rising. ₿ If there are declines, I expect a descent to the vicinity of the support zone, and if there are increases, it seems reasonable to attack new local peaks. ₿ The scenario I am playing is to wait for the decision the market will make and to join the movement. If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. ₿ Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
by InvestMate
5
₿ Bitcoin Struggles For Gains ₿₿ Bitcoin Struggles For Gains ₿ As can be seen, Bitcoin has once again rocketed upwards today in an attempt to rise once more. ₿ However, the chances of upside as well as downside are very much aligned at the current moment. ₿ I don't think that with the current negative sentiment we will find the strength for the increases. ₿ But there are also no takers for selling Bitcoin at 16k area. ₿ Everything will turn out in the coming weeks. ₿ The technical situation does not support any side either. We are still below the 50 and 200 moving averages and the MACD and RSI are not unanimously expressing strong support for either side. ₿ The scenario I am currently playing out is to wait for some significant reaction to either side. If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
by InvestMate
6
₿ Bitcoin Chooses South ₿ ₿ Bitcoin Chooses South ₿ ₿ As I perfectly predicted in a previous post the future direction of Bitcoin: ₿ Yes and this time I come to you with an update of my perspective ₿ In which not much changes. ₿ The support and resistance zone remains in the same place ₿ Target is around the support zone. ₿ Technical environments such as the 50 and 200 period moving average MACD and RSI are slowly moving to the pro-declining side. ₿ Looking at the size of the current candle compared to last candle, a continuation of the downward movement can be expected in the future. ₿ The scenario I'm playing out is a continuation of declines to the vicinity of support zone levels. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. ₿ *Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Short
by InvestMate
3
₿ Bitcoin Will It Attack The Declines Again? ₿₿ Bitcoin Will It Attack The Declines Again? ₿ Bitcoin is failing to find enough strength to rise for another day in a row. ₿ We are now more than 1 day into the accumulation. ₿ And all indications are that bitcoin will once again look to attack recent lows. ₿ The technical environment such as the MACD and the RSI support the downward perspective ₿ It looks like we can expect a big fight at current levels as no move is certain. ₿ But if I had to choose I would be tempted by the downward scenario. ₿ The scenario I am playing out is a continuation of the declines, but with an emphasis on the fact that anything can happen at current levels. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Short
by InvestMate
9