Get started

Btcanaliysis

Here is a quick analysis based on the new BTC/USD chart.The chart shows a significant upward trend in Bitcoin's price. It seems that the price has broken out of the previous consolidation channel and is now heading towards a major ascending resistance area, the upper boundary of which represents nearly $100,000. Bitcoin maintains an upward trajectory with strong support from the lower trend lines. The $88,000 to $100,000 target area is a strong resistance area where we could see some price consolidation or rejection. If BTC can break this resistance with strong momentum, it could signal a substantial long-term bullish phase. Be wary of potential pullbacks as BTC approaches these key resistance areas. Let me know if you would like more information on specific indicators or trendlines! Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed. You can DM us for information on any other coin. @Peter_CSAdmin
Long
by CryptoSanders9563
BTC/USDT 4HOUR UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 4-HOUR update. BTC is presently exhibiting a symmetrical triangle pattern, with resistance from the Ichimoku cloud and the 100-day moving average. Moreover, the MACD crossover suggests a potential shift toward bullish momentum. Thus, it is prudent to exercise patience and await a clear breakout or breakdown of the triangle for confirmation of the upcoming direction. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
1
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Bitcoin (BTC) retreated below the 27,000 level to start the weekend, after a late surge in price on Friday. Following a low of 26,686.32 earlier in Friday’s session, BTC/USD peaked at a high of 27,092.70 as the day progressed. BTC has since slipped, and is currently trading at 26,866.74, it is still higher than yesterday’s bottom. The consolidation comes as the relative strength index (RSI) continues to hover above a floor at the 45.00 mark. Whilst now tracking at 46.72, the next target is likely to be at a ceiling of 50.00, and if hit, bitcoin will be back above 27,000. bitcoin is trading 4% lower than at the same point last week. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
3
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:-Bitcoin (BTC) continued to trade close to a key price ceiling on Thursday, ahead of tomorrow’s NFP report. BTC/USD peaked at 27,875.59 earlier in the day, following a low of 27,339.27 the day before. The move pushed Bitcoin closer to a recent resistance level of 27,900, however, bulls could not capture this point. Earlier gains have since faded, which comes as the relative strength index (RSI) encountered some turbulence of its own. the index is at a reading of 60.21, which is marginally below a ceiling of 63.00 Should this decline continue, price strength could land at a floor of 58.00 in the not-too-distant future. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
1
Can BTC Bounce From Here? Note the update !!Hello friends, welcome to this Bitcoin update from Crypto Sanders. Chart Analysis:- After strong gains a day earlier, Bitcoin fell marginally on Thursday as crypto markets consolidated. BTC/USD fell to an intraday low of 26,111.46 less than 24 hours after getting close to a breakout above the 27,000 level. Overall, it appears that as the market approaches a point of uncertainty, traders have opted for safe profits. On the 14-day Relative Strength Index (RSI) this area appears to be 51.00. Strength in price is seen at 49.64 level, Bitcoin is now trading at 26,481.46. Should the bulls move beyond this point, there is a good chance that the price could move back above 27,000. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Consider following me for the latest updates and long/short calls on almost every exchange. I also post short mid and long-term trade setups. Thank you.
Long
by CryptoSanders9563
A Brief History of the Bitcoin Halving Here. Hello, welcome to this BTC HALVING update. Bitcoin (BTC) halving is an event that occurs approximately every four years in the Bitcoin network. During a halving event, the reward that miners receive for validating and adding new blocks to the blockchain is reduced by half. This event is programmed into the Bitcoin protocol and serves several purposes: Supply Control: Bitcoin halving is a mechanism to control the inflation of the cryptocurrency. By reducing the reward that miners receive, the rate at which new bitcoins are created slows down. This scarcity can potentially drive up the price of Bitcoin if demand remains or increases. Scheduled Issuance: It ensures a predictable issuance schedule for Bitcoin. Every 210,000 blocks, or roughly every four years, the reward for mining new blocks is halved. This predictable schedule helps users and investors plan for the future supply of Bitcoin. Security: The halving also plays a role in the security of the Bitcoin network. As the block reward decreases, miners are incentivized to continue securing the network through transaction validation and block creation by transaction fees. This transition from block rewards to transaction fees is expected to be a key driver of miner incentives as Bitcoin's supply approaches its maximum limit of 21 million coins. Here's a brief history of Bitcoin halvings: First Halving: November 28, 2012 - The block reward was reduced from 50 BTC to 25 BTC. Second Halving: July 9, 2016 - The block reward was reduced from 25 BTC to 12.5 BTC. Third Halving: May 11, 2020 - The block reward was reduced from 12.5 BTC to 6.25 BTC. The next halving is expected to occur approximately every four years, reducing the block reward by half each time until the maximum supply of 21 million bitcoins is reached, which is estimated to happen in the year 2140. These halving events are closely watched by the cryptocurrency community and can have an impact on Bitcoin's price and overall ecosystem. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you.
BITSTAMP:BTCUSDEducation
by CryptoSanders9563
2
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin was back in the green on Tuesday, as its price rebounded from a multi-week low during yesterday’s session. BTC/USD peaked at 26,421.51 earlier today, which comes following a low of 26,011.47 the day prior. Monday’s low saw the world’s largest cryptocurrency trade at its weakest point since September 13, after dropping below 25,800. it appears that the rebound in price came as a result of the relative strength index (RSI), finding a floor of its own at 45.00. price strength is now tracking at 45.84, with the next visible point of resistance at the 55.00 mark. Should bulls reach the 55.00 level, there is a strong possibility that BTC will move close to the 27,000 zone. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
Current Market Status AND September Outlook. !!Hello, welcome to this BTC monthly update by CRYPTO SANDERS. CHART ANALYSIS:- Current Market Status The first fortnight of September has been largely non-eventful, with bitcoin mostly consolidating below 26,500. This comes as volatility in the market hovered close to a five-year low in August, with trading volume amongst exchanges falling by 52 billion. as we move into the fall, there has been a slight rise in volatility, mostly led by a rise in both inflation and retail sales in the United States. Markets have used this as confirmation that the Federal Reserve will hike rates later this week, which could lead to dollar strength. September Outlook Bitcoin peaked at 27,414.73 earlier in today’s session, following a low of 24,900 exactly a week ago. This has seen BTC/USD reach its highest level since August 31, 2023, and comes as the 10-day (red) and 25-day (blue) moving averages near an upward cross. From the chart, the potential for this move has been on the cards for a while, however, it has finally taken place as volatility returned to the market. Additionally, the relative strength index has now also moved past a key point of resistance at 53.00, which has been a thorn in the sight of bulls for the past few weeks. The next real ceiling lies at 65.00, and should bulls be targeting this, there is a chance bitcoin (BTC) ends the month above 28,300. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin surged to a multi-week high on Monday, as traders began to anticipate the upcoming Federal Reserve meeting. BTC/USD rallied to an intraday high of 27,222.98 earlier today, following a low of 26,415.52 the day prior. bitcoin climbed to its strongest point since August 31, when price peaked at 27,576. Despite the rise in momentum, bulls may not be satisfied and are likely targeting a ceiling at the 28,000 mark. Monday’s gain comes as the relative strength index (RSI) jumped past a ceiling of 53.00, and is now residing at 58.25. A resistance level of 60.00 will likely be the next primary target for bulls in the market. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
1
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin was trading marginally lower on Thursday, as the cryptocurrency moved below a key point of support. BTC/USD bottomed out at 25,404.36 earlier in the day, less than 24 hours after peaking at 25,953.02. The decline saw Bitcoin fall under a price floor of 25,600 before bulls intervened to send the cryptocurrency higher. BTC is now trading at 25,701.34, which sees its price below 26,000 for a third straight day. Although sentiment has been mostly bearish, price stability has largely remained, with traders so far avoiding a drop under 25,000. This could be tested as we head towards next week, with several key economic announcements set to be released in the United States. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
BTC/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin was trading below 26,000 on Labor Day, as volume in the cryptocurrency market was mostly lower. BTC/USD slipped to an intraday low of 25,817.03 to start the week, following a high of 26,087.15 the day prior. The decline pushed Bitcoin closer to a collision with support at $25,600, however, bulls have so far rejected this retracement. This comes as the 14-day relative strength index (RSI) found a floor of its own at the 35.00 mark, helping to ease the bearish pressure. the index is now tracking at 37.16, with the next visible resistance point at 43.00. In the event that this ceiling is broken, BTC bulls will likely make advancements toward 28,000. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
BTC/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin continued to trend lower on Saturday, as the bears were once again in control of crypto market sentiment. Following a high of 28,148 on Tuesday, BTC/USD started the weekend falling to a low of 25,362.61. The decline has come as a result of profit-taking, and also the changing economic climate in the United States. Consumer spending is slowing, whilst the labor market remains tight as a result of increasing interest rates. today’s decline pushed bitcoin below a key support point of 25,600, however, bulls have since reentered. BTC is now trading at 25,818.66, with a target of 26,000 likely to be present throughout the weekend. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
BTC/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin moved back over the 28,000 level during the last several hours, following Grayscale’s court win over the Securities and Exchanges Commission. After trading at a low of 25,998.08 earlier in the day, BTC/USD peaked at 28,089.34 late on Tuesday. This pushed the world’s largest cryptocurrency to its highest point since August 17, when the price was on the cusp of 29,000. Earlier gains have since fallen, as traders have seemingly captured profits, with bitcoin now trading at 27,353.52. this comes as the relative strength index (RSI), reached a ceiling of 53.00, before falling lower. the index is now tracking at 48.52. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
BTC/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) was back in the green on Tuesday, as the cryptocurrency made marginal gains during today’s session. The move came as Paypal announced its USD stablecoin, which will be hosted on the ethereum blockchain. Following the news, CEO Dan Schulman said: “Our commitment to responsible innovation and compliance, and our track record delivering new experiences to our customers, provides the foundation necessary to contribute to the growth of digital payments through Paypal USD.” BTC/USD rose to a peak of 29,402.65 on the news, following a low of 28,724.14 the day prior. Today’s peak sees bitcoin trade at its highest point since last Wednesday when it was above 30,000. Tuesday’s rally has also brought the 10-day (red) moving average to the cusp of an upwards crossover with its 25-day (blue) counterpart. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) continued to hover near the 29,000 level to start the week, as market volatility was mostly muted on Monday. After Sunday’s low at 28,963.83, BTC/USD jumped to a high of 29,166.82 earlier in today’s session. The world’s largest cryptocurrency has mostly been trading between a support level of 28,800 and a resistance of $29,500 for the majority of the last week. the relative strength index (RSI) is also tracking near a floor of its own around the 42.00 mark. In addition to this, the 10-day (red) moving average has begun to flatline following a downtrend, which is a sign of price stagnation. Consolidation could likely continue until Wednesday’s inflation report in the United States. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
2
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) consolidated around the 29,000 level on Friday, as traders readied themselves for the upcoming U.S. nonfarm payrolls report. BTC/USD rose to an intraday high of 29,375.71 in today’s session, following an earlier low of 29,066.24. Earlier gains have since faded, however, with the world’s largest cryptocurrency now trading at the 29,145.77 mark. The decline comes as the relative strength index (RSI) fell back toward a support point of 42.00. After hitting a ceiling above 51.00 in recent days, price strength is now tracking at a reading of 43.71. There is still optimism that bulls could reenter the market after today’s report, with the 29,500 level as an initial target. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:-Bitcoin (BTC) was in the green to start the week, with the price trading at its highest point since last Friday. Traders are optimistic heading into August, which has historically been a bullish month for the cryptocurrency. BTC/USD hit an intraday high of 29,489.87, which comes following a low at 29,059.50 during Sunday’s session. Bitcoin bulls rejected a breakout below the 29,000 mark, just as the relative strength index (RSI) closed in on a collision with a resistance level at 46.00. This ceiling appears to be a major obstacle preventing price from moving towards its obvious target at the 30,000 mark. At the time of writing, the RSI is tracking at 45.97 with bitcoin at 29,362.66. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- BTC/USD peaked at 31,814.51 late on Thursday, after trading at a low of 30,486.69 earlier in the day. Yesterday’s peak is the most vital point Bitcoin has hit since late May last year, the last time price was over 32,000. BTC has since declined, as traders move to secure gains, resulting in the price now trading at 31,208.15. This comes as the relative strength index (RSI) failed to break a ceiling of 66.00, and is now tracking at 62.62. Today’s move also averted a downward crossover between the 10-day (red) moving average and its 25-day (blue) counterpart. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
1
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) moved closer to a fresh one-year high on Tuesday, as U.S. markets closed to celebrate the July 4th holiday. Following a low of 30,586.51 to start the week, BTC/USD raced to an intraday peak of 31,375.61 earlier in the session. The move saw Bitcoin edge closer to last Friday’s high at 31,443, its most vital point since June last year. Earlier momentum has since faded, as the relative strength index (RSI) collided with a resistance level at 70.00. tracking at 68.43 and appears to be heading for a support point at the 66.00 mark. there is a strong possibility that Bitcoin will be trading around the 30,500 level. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin moved above the 30,000 level in today’s session, ahead of a testimony by the chair of the Federal Reserve, Jerome Powell. Powell will be speaking today for the first time since the Fed’s decision to keep interest rates unchanged in June. BTC/USD hit a peak at 30,737.33 earlier in the day. This is the strongest point that Bitcoin has hit since April 14, when the price reached a top at 31,050. Another major catalyst for the move was a crossover of moving averages (MA), with the 10-day (red) MA, moving above its 25-day (blue) counterpart. the relative strength index (RSI) has also marginally broken out of a ceiling at 70.00 and is now tracking at 70.88. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
3
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin rose to a two-week high on Tuesday, as bullish sentiment made a gradual return to the marketplace. Following a low of 26,338.54 to start the week, BTC/USD rose to an intraday high of 27,147.47 on Tuesday. bitcoin rose to its strongest point since June 7, when it peaked at 27,402. it appears that today’s rally coincided with the relative strength index (RSI) also breaking out of a ceiling of its own at the 50.00 mark. Price strength now stands at 51.71 with the next visible resistance level at 57.00. In the event bulls are able to send the index to this point, there is a good chance that BTC will be above 28,500. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) surged on Saturday, as bulls of the cryptocurrency moved to buy the recent dip in price. BTC/USD rose to a high of 26,769.39 to start the weekend, which comes less than a day after trading at a low of 25,245.36. The move pushed the price to its highest point since May 8, a day when the price was at a peak of 26,820. Looking at the chart, the rally came when the 14-day relative strength index (RSI) finally broke out of a key ceiling at 43.00. the index is tracking at 50.55, which is close to a new resistance at the 51.00 level. Traders are likely targeting the 27,300 level and could hit this if the momentum continues to be bullish this weekend. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Ahead of the upcoming inflation report in the United States, bitcoin (BTC) moved back above the 26,000 level. Following a low of 25,686.04 to start the week, BTC/USD raced to a peak of 26,261.14 earlier today. The move saw Bitcoin near a recent resistance level at 26,300, one of the last hurdles stopping bulls from moving toward 27,000 In order to get towards this level, a ceiling on the relative strength index (RSI) will also need to be broken. 47.00 level on the indicator, and as of writing, price strength is currently tracking at 44.02. The 10-day (red) moving average will need also to shift course, and divert away from its current downward path. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563