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BTC | Price CELEBRATES Trump VictoryBitcoin has increased by 13% after Donald Trump has been declared the next President of the United States, beating rival candidate Kamala Harris. Over the past few months, Trump has claimed to be very open to cryptocurrency and this victory has done nothing short of pushing the price to a new ATH... and climbing! There are two ways in which we can calculate the net major stops; one I have been speaking about since MARCH. This target seems to be the likely next stop for BTC in the short to near term. Time will tell if the new POTUS will be kind or cruel to crypto - remember that time we all rooted for Garry Gensler...? About that... Let's hope this time will be different. If you want to know al little bit more about how ALTSEASON fits into this picture, check out the following idea: _________________________ BINANCE:BTCUSDT
BITSTAMP:BTCUSDLong
by CryptoCheck-
1
BITCOIN Deep Dive to find Bottom!Welcome Traders, Investors & Gamblers 😃 Let's Dive In and Find the Bottom! Daily Charts: Support & Resistance Levels On a quick glance at this chart we would think that there isn't too much support in the area that Bitcoin is currently hangingon to, but down below I will go through all the indicators that lead me to call these current lows for Bitcoin in the beginning of the year already. Weekly Charts: 200 Week SMA & Falling Wedge: As mentioned yesterday, THE bullish scenario! Wick below the support and finish the week above the wedge support to go back and test the resistance. 2017 $20k ATH: Right in the middle of major moving averages and Fibonacci levels we have the historic ATH from 2018. Monthly Charts: 200 Week SMA, 50 Month SMA: Pay attentio to the red circle, in the one instance where we touched the 200 week SMA but not the 50 month SMA we ended up falling short of a new ATH until we came back downand touched both moving averages. Fibonacci Retracement: The "Absolute Bottom" could lay around the.786 for BTC since we lost the .618 it would be logical to continue down to the next Fib. level and find a bounce there. As we know we have never closed a weekly candle below the 200week SMA and 50 Month SMA, but we have wicked way below on various ocasions with the last being in March 2020. 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 ✌♥📈
BITSTAMP:BTCUSDLong
by DeFeye
165k BITCOIN Prediction Too CONSERVATIVE?!Happy Monday Everyone! 😃 The title says it all, I'm going over my very controversial chart from yesterday where I predicted a 165k top for BTC . I will post an updated more detailed version of the chart in the coming days. Please make sure to check out my other posts too if you liked this one! And finally a massive THANK YOU to all of you new followers and THANK YOU to @TradingView for publishing my post on to the front page of the website! 🙏🚀😃📈 I would like to add that this post is meant exclusively for educational purpose and that non of my posts are 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 ✌♥📈
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INDEX:BTCUSDLong
by DeFeye
127