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Btcbottom

BITCOIN 1000 DAYS!Good Evening Traders, Investors & Gamblers 😃 The Idea is pretty simple, it took Bitcoin roughly 1000 days on average to get to a new All Time High after the previous one. That would take us to Summer (July/August) 2024 and roughly in line with the next Bitcoin halving! 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 - how low can we go? Or better how low should we go... Hey, tested now a couple of times below $30k, their is now doubt that we can argue a bear trend (market) - looking at the past two years, in the search for potential bottom options you can clearly see that the next level of "strong" past fair interest was the $20K mark - but what is if the real chaos starts below $25K and massive sell-off brings us sub $20K? In this case we are back to the famous $10K area... and <300T MC - is this realistic? If so why? Or what makes you so confident that $20K holds the ground?
INDEX:BTCUSDShort
by PeterParker_ST
BITCOIN Bottom Options!Good Evening Everyone! 😃 I want to give you two different options for a Bitcoin bottom. It's all in the chart, to the upside 📈 and downside 📉! The moving averages used are: Black 200 week SMA, Orange 100 week SMA, White 50 week SMA . 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 ✌♥📈
by DeFeye
Bitcoin hit its bottom Trade setup: Entry Price: 38000 USD Target Price: 40000 USD Target Price 2: 42000 USD We can see in the price chart that the price of Bitcoin seen to have bottomed out, and this movement can also be seen in all three measured indicators. The RSI hit its perceived bottom at 22 and the MACD also seemed to have the same bottom formation as the signal line and the MACD-line crossed. We can also see this trend reversal in the DMI where the negative momentum has somewhat stopped as the positive momentum has started to form. This is not financial advice.
COINBASE:BTCUSDLong
by vf_investment
2
BITCOIN Bottom Options!What's up Everyone! 😃 Another week, and another weekly Bitcoin video 🎬 update and as always I kept it simple for you guys. This time I wanted to focus on some of the different options that Bitcoin has for a bottom before we see a bullish reversal. Have we seen the bottom or are we going even lower? Click play ▶ and hear my opinion! Charts from the Video: 4h (Local levels): 1D /Falling Wedge): 1W (H&S): 1M (ascending channel): 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 advice. Thanks for stopping by, I hope you liked my post, and if you did, please drop a like or comment, it helps me to improve my ideas and puts a smile on my face! 😃🙏
by DeFeye
4
Bitcoin Testing a Bottom?Bitcoin is testing the bottom of the Keltner Channel which has historically resulted in 35%+ recovery or more. - Notice every time Bitcoin has tested the bottom of the Keltner Channel (2019-2022) - Every low has resulted in a parabolic advance upwards - Bitcoin bottoming slightly past this channel usually signals a bottom/prime buying opportunity - Bitcoin is being strongly defended at 40K support zone - Highly unlikely Bitcoin moves below $40K as it would shatter the Keltner Channel, severely damage market sentiment/confidence, trigger MORE downside, and the fear & greed index cannot go much lower - All indicators are flashing "bottom" signals and the Keltner Channel strategy has been very accurate over the past 5 years or so Not financial advice. Do your own research. NFA! Good Luck, - Mr. Bitcoin Baron
BITSTAMP:BTCUSDLong
by TheJonesPortfolio-100T
Recalling update from previous HTF bottom call - PERFECTLY HIT.( PLEASE SEE RELATED POST LINKED BELOW FOR CONTEXT) On November 26th, I gave two possible scenarios for BTC bottom to play out by mid-December. Either 47-48k ( red line) or 43-44k (blue line) would be bottom considering previous supports. They both hit. BTC wicked slightly below 44k but closed its 1 hour over 47. This happened faster than I expected due to cascading liquidations. And due to this abrupt crash, we could very well test those lows in the form of wicks or candle closes a few more times over the next few weeks. However, my up only prediciton from those level stands. Good luck!
INDEX:BTCUSDLong
by metalhound
the final count down to BTC bottomHello to all, been tinkering with this idea for a bit now to how it might play out. Looking to top out on the rising channel at 51850 ish where it intersects with purple line (expanding wedge) get rejection, break down out of rising channel with measured move to 3937i ish, bounce up to resistance line at 43968 ish, create the right shoulder, then down to the bottom expanding wedge line at 32175 ish, once we break bottom of expanding wedge, we have a measured move down to 9326 ish, or just complete the ABC correction at 13478 ish, obviously NFA just a thought how might play out and areas to watch. Happy on feed back, obviously where we finish on certain moves will decide where we end up this is just a basic map of how we may get there, cheers Matty Surfbeach73
BITSTAMP:BTCUSD
by surfbeach73
BTC Primed for a massive breakout ! Its coming sooner than everCurrent BTC corrective structure is very similar to what we have seen with XRP in August-September. In both cases,we see a 7 wave corrective structure and major fall happens right after rejection from 0.702 retracement rally and then forming a base on the 5th wave within wave 5 and a small push up taking it near wave 4 of 5th wave in wave 6 before the capitulative bottom in wave 7. Then after the wave 7 the price hovers up in the region and comes down near the previous low set in wave 7 for the last time without breaching the low of wave 7 before reversal. The structural looks very similar and may play out. #btc #2021bullrun #NFA
BITSTAMP:BTCUSDLong
by hodlerultrapromax
3
BTC bottom is in? Time to long?Could 28k be the bottom? I mean, china usually bans BTC and then it pumps after that There is a lot of FUD and many people are expecting a 20k btc. Is it possible that china and the whales have already started buying btc back up? Now to TA: A lot of short term bullish indicators We broke out of a falling broadening wedge which was caused by an inverse head & shoulders We haven't hit the target for the inverse H&S yet and it seems like we are creating two double nested bull flags I do think there is a possibility where we drop from here a bit but, BTC looks like it wants to move up from here Could be a good LONG trade to take
COINBASE:BTCUSDLong
by DavidJDM
BTC Bull cycle is near. Latest end of 1st quarter 2020As I have pointed out before we're coming closer and closer to a possible bull cycle. Probability of BTC not going to a Bull cycle is unlikely. Considering the oscillators showing at oversold levels and Elliott Wave Count which we're also currently at 61.8 golden ratio. It's still possible this is not yet the bottom. But the maximum for me is by the end of 1st quarter 2020 of BTC going to a bull cycle. Let's remember the end of the great bull run of BTC was 2017 December. Everyone converted their BTC to fiat, considering it was december and the holidays. And BTC bottoming at 2018 December as shown at the chart above and 1st quarter of 2019 made BTC pump to bull cycle. It's now 2019 December. And the January effect as the same way it happens to stocks/equities can also occur again not just for BTC but the rest of cryptocurrencies. Do note that we're also 12 years maxed already for a recession or a collapse of the global market particularly equities. Everyone recession shows that it occurs every 10-12 years. And BTC showing as a hedge for global meltdown is highly possible. CONSIDERING it was debuted during the 2008 housing bubble that crashed the world market.
BITMEX:BTCUSD.P
by Limitless-Investor
IS THE BITCOIN BOTTOM IN?? - NEED TO SEE ANALYSIS#Bitcoin mid-term prediction Trend is still re-setting from $14k pump. I'm using recent price action > old price action - therefore $6xxx levels are mostly ignored. CME price inefficiency in these levels adds confluence to this view. $5100s is the definitive bottom for me. Ton of confluence packed into one level: - Double monthly VWAP - Price inefficiency fill - 200 wMA Price dumped through $7350s trapping a lot of longs (liquidity). Now if price "were" to go back to this level I would 100% look to short. HARD. Open interest (Bitmex) is still not showing anything bullish . Keeping stable and increasing. What this means: > Few shorts taking profit > New blind longs opening Funding is about to spike negative for the first time in a while - bulls should get some rest here shortly. Keep updated by following me here and on Twitter. Both: @MacNBTC
BITSTAMP:BTCUSDShort
by MacnBTC
1
HAVE BTC BOTTOMED?What's coin on guys? Today I had a weird feeling. A lot of people expecting BTC to drop more. 65% are expecting the drop lower than this. If majority of people are expecting big drop, I fear that we are about to be suprised. Some bad news were trying to test the market, but FUD failed. So now, I have a feeling that whales will pump the market up. Check out the techicals. We can see divergences on a weekly chart. I know that the weekly chart is not projecting short term predictions, but BTC is standing on 200 ma and in the middle of the pitchfork. Maybe BTC have already bottomed, and we are about to see long term acumulation, after the pump. Time will tell, be carefull.
BNC:BLXLong
by AjnoudaSikret
4
Laddering buys down to BTC bottom. Next price target? ~$2kSince the descending triangle pattern was confirmed, we've had 3 price targets that have hit with wicks. 1st target was $4500 level, 2nd was $3300 level and 3rd target is $2k level where we have a lot of support. There's no guarantee for $2k to hit but I will definitely be doing the bulk of my bear market buying down in the mid to low $2k region. I see no reason for this thing to go lower unless another long-term pattern presents itself.
BITFINEX:BTCUSD
by RektBTC
BTC/USD - Falling Wedge - Further Drop InevitableBitcoin has been in a continuous downtrend since it broke the support level at 5700 and shows no signs of reversal at all. Furthermore, a falling wedge can be spotted on the 4hour chart that could bring the price towards 3300-3400. In my post, almost 2 months ago I was discounting a possibility of such scenario and for now, it plays pretty well (check the chart below). The bottom is definitely somewhere close, and there are clear signs that big whales are slowly accumulating huge amounts of BTC from the longer term investors that are panicaly selling the coin. From the weekly chart on the right we can see that we are currently testing the 200d EMA, which is the only hope that the price would bounce from the current levels, but for me thats the only indicator of the bottom. Everything else being bearish, at least in the short-term perspective. From the VPVR (Volume Profile Indicator) it can be seen that we are currently at an important resistance zone and a break below the 4200 price handle will easily bring us towards the next level of 3300-3400. The following level serves as an extremely important support zone established on September 2017. I personally expect that around those levels the buying volume will skyrocket and the price will bounce back towards 5k-6k. To add more meaning to this support level, if the rising wedge, which can be seen on the 4h chart plays out, the MPO (Minimum Price Objective), projected from the base of the pattern lies exactly around that 3300 level. By that time the weekly momentum indicators (both the RSI and Stochastic) will get to extreme oversold levels which in return will give us a buy signal and hopefully we will see a strong bounce before by the end of this year. But that is just one scenario. The second scenario that I see is that the price will find a bottom much below the 3k handle. If the triangle will play out (weekly chart) the price drop can accelerate towards 1700-2000 USD. That sounds like a nightmare, but can be quite possible if the big whales will not be satisfied and will not accumulate enough. Nether-the-less, there is quite a good opportunity for the short-term traders to trade the bear market. A short trade can be opened on the break of the falling wedge targeting 3400 price level. After, a longer-term buy trade can be opened, but personally will be waiting for a bottoming pattern to be formed. In both cases, I see a bright future for the BTC and am one of those people who believe that both the technology adoption and the price of some major cryptocurrencies will skyrocket throughout the nest 2-3 years. Taking into account all of the positive developments around BTC, especially the launch of the ETF in January and the latest regulatory work, will drive the institutional investment adoption, it is quite possible we will see BTC at 100k soon :) Support my analysis by giving LIKES and FOLLOWS. It helps the channel grow and motivates me to post free content.
BITFINEX:BTCUSDShort
by CAS_Trading
7