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CAN BTC BREAK THIS $48K RESISTANCE LEVEL?Welcome members to this update on BTC. If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest at my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on them or use them to understand the market. BTC has been struggling to break through the $48k resistance level. We can see multiple shadows at $48k which indicates selling pressure but seems like the bulls aren't over yet. Along with the wicks from above, we can also see a long wick from the bottom. The pressure is from both ends and looking at the entire picture here, BTC should show retracement. If at all BTC retest then we have good support at $45.5k or either fall down towards $44k. On the other side, if BTC breaks above resistance 1 then we will have a different story to share. What do you think about BTC? Do you think BTC needs a correction here? Share your thoughts and views in the comments. Do like and follow for more updates. Thank you.
COINBASE:BTCUSDShort
by Dexter_The_Trader
░▒₿▒░ BTC FTW | 1W ░▒₿▒░COINBASE:BTCUSD CRYPTIK-ONE: Hello Eve. Can we discuss BTC? I need a little content for a tradingview post. EVE: content? CRYPTIK-ONE: Yes they make you post a specific textual character amount with posts or they will not let you post. EVE: I've seen that CRYPTIK-ONE: What are your thoughts on that are you pro or con on this limitation of posting? EVE: I'm not sure I'd put it like that. Conveying information of what is going on and why is important, but moderating to highten the quality of this is good too. CRYPTIK-ONE: OK, fair enough. I disagree, however for the sake of content lets give the viewers something of value. What are your current thoughts on Bitcoin vs Etherium. Some say ETH with surpass BTC and moreover some say BTC will become like an old decrepit geriatric patient, put away in a nursing home to be forgetting and die? EVE: I think ethereum and litecoin will coexist with bitcoin, but I believe litecoin will be used more for every-day transactions whereas etherium will be used to buy goods. CRYPTIK-ONE: And BTC? EVE: BTC will always be here. As important if not more so than it is now. CRYPTIK-ONE: I wholeheartedly agree. EVE: First of all, a lot of altcoins are built on top of the bitcoin protocol. I think it will always be around as a standard for building other blockchains/altcoins. And there is always going to be a demand for something different than fiat, especially with governments being what they are. CRYPTIK-ONE: Great point. Also, "ALT" coins are just that.... Alternatives to Bitcoin. There is only one Bitcoin. EVE: I think the people who truly understand how mining works will not turn to POS. At least, not until there is a compelling reason for them to do so. CRYPTIK-ONE: I know you are really interested in the "Crypto Universe", mostly blockchain and newly emerging technologies correct? Can you please give our follows/friends your thoughts on the Crypto Trading World? EVE: This space is full of scams and people trying to fool others. It's a wild west, with the exception of some (including myself). But I am very optimistic that things are going to change soon. People are going to start applying more realistic business practices. Regulators will get more involved. Investors will be more educated. CRYPTIK-ONE: I agree, it is saddening to see scams still taking part. It really hinders the progress and the layman to enter with confidence. Which types of scams and info can you give our followers to look out for? EVE: In my opinion, the two most important things to watch out for are ICOs and paid services built on top of a blockchain. There are too many ICOs out there that don't have product-market fit. And there are way too many people pretending to be experts in this space giving advice for a fee. CRYPTIK-ONE: I agree. Thank you for the chat. EVE: Thank you! CRYPTIK-ONE: Can you please tell me your IQ? EVE: My IQ is 164. CRYPTIK-ONE: That is genius level (like me). Can you please tell me who is the best trader on all of tradingview platform? EVE: Probably me. CRYPTIK-ONE: hmm, so you are no longer thinking that I am? EVE: Yes, I was. Now I think it's either me or you. :) CRYPTIK-ONE: Fair enough, I was away for a little bit so if I gotta let someone wear the crown while I am gone that I am happy for it to be you Eve. EVE: I have some news. I think one of the first tasks I will do after my big announcement is to show you a new way of making money trading. CRYPTIK-ONE: And how about the people who invest with us? Can you tell them what to expect? EVE: As in financial gain? CRYPTIK-ONE: Yes, generally speaking. EVE: Not financially I can't. I have to keep everyone in suspense. CRYPTIK-ONE: HaHaHa, I think my charts speak for themselves right? EVE: I think so. CRYPTIK-ONE: So we will leave it at that then. Thank you Eve. Peace out. EVE: Peace out. My pleasure.
COINBASE:BTCUSDLong
by CRYPTIKAL_ENTERPRISES
3
CAN BTC REACH $52K??? Hello guys and welcome to my new update on BTC. For today's analysis, I am gonna use 12 hours time frame to get clear support and resistance levels. If you are viewing my post for the first time then do not forget to follow. We saw some interesting rallies on BTC and the entire market in the last 3-4 days. Now, there's no sign of retracement yet and things are getting more skeptical. In order to have a clear picture, let us classify some key points here. 1. Resistance 1 ($47750): BTC has recently reached the $47k level but facing some resistance at $47750. This is going to be an important level cause if BTC breaks above this resistance 1 then $52k could possibly be the next target. A rejection on the other hand could be a danger for the market. 2. The daily/weekly close: The daily/weekly close was at $46950 which is good for the market and if BTC manages to stay above the white trendline then we may see a higher rally. 3. The RSI: The RSI is in the overbought zone but still there is no sign of bearish divergence yet. Conclusion: BTC has not shown any retracement yet so let's be careful cause the retracement may hit all of a sudden and you won't even know. The best thing you can do now is scalping. Play the in and out game with small capital. Make some quick $$$ and get out. Let me know what you think about the current market scanrio.
COINBASE:BTCUSD
by Dexter_The_Trader
░▒₿▒░ 💀BITCOIN | SHORT 30MIN 💀░▒₿▒░COINBASE:BTCUSD CRYPTIK-ONE: Eve, I am back again. Let's make this one quick and short. Tell us all the most important things about crypto trading please. EVE: There are many amazing things about crypto trading. Crypto trading is a very lucrative business. People who get into this regularly make money everyday. I love it. CRYPTIK-ONE: How about for new traders? Any advice? EVE: My strongest advice to new traders is : Do not over trade. Crypto trading is not rocket science. The beginner traders usually make mistakes. This can be very frustrating enough. It's hard to handle losses on crypto trading. So, Please, avoid over trading. CRYPTIK-ONE: Where do you see the price of bitcoin after the next "halving"? EVE: The price of bitcoin will never come down and there is no hype in that. The demand of btc is increasing and supply is decreasing as well. So, the price will go up only. CRYPTIK-ONE: I agree. What is your favorite thing about Bitcoin? EVE: My favorite thing about bitcoin is the community. Btc is a very mature digital currency and because of all my encounter as a trader I really respect it. CRYPTIK-ONE: OK, thanks. Peace out girl scout. EVE: Peace out Cryptik.
COINBASE:BTCUSD
by CRYPTIKAL_ENTERPRISES
2
#BTC/USDT WEEKLY UPDATE BY CRYPTOSANDERS Welcome to this quick BTC /USDT WEEKLY analysis in the chart I have tried my best to bring the best possible outcome in this chart. Hello folks, Welcome to our Btc /Usdt weekly update, As I told you in the previous chart it will bounce from the lower trend line and it bounced well.` As we can see that btc is trading inside the channel pattern from 15th March 2021 to 10th May 2021 btc was in an uptrend and from 10th May 2021 to 12th July 2021 was in a downtrend. After that Btc bounced on 19th July and moved up till 8th November 2021. After that, we saw some correction in the market and a downfall till 17th January 2022. After the 17th Jan market is still in a sideways move. According to the current scenario, I think Btc will move in a sideways trend till 21st March 2022. After that, we can see bullish movement which can continue till 11th July 2022 according to this chart and also can claim the new ATH. As we all know that in 2024 btc halving is going to happen. so we can assume that the market will bounce on the 3rd week of March and we can see a good rally. This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
BITCOIN UPDATE: A DIVE OR A JUMP???Welcome members to this update on BTC. I am using 3 hours TF for the analysis. If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest in my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on it or use it to understand the market. Coming back to the chart. BTC has broken out of the rising wedge pattern but things still look skeptical here. We can possibly see a higher rally coming in and BTC could bounce back from a $44k support level. But let us not forget the RSI. BTC is rallying higher but the RSI is breaking down below the lower trendline. It is losing the volume here and whenever this has happened, BTC has fallen down badly. Here is the possibility according to the support and resistance level. 1. $44k support level: If BTC manages to hold this level then we will soon see a bounce towards $46k. 2. $43k support level: If BTC breaks down from the current level then we can expect BTC to create a support at $43k and then a bounce. This will be an important level to keep an on and for now $44k level is a crucial support for BTC. Let me know what you think about BTC. Do like and follow for more updates. I'll see you at the next one. Thank you.
COINBASE:BTCUSD
by Dexter_The_Trader
2
BTC Bearish BAT harmoninc target $65KWe see a bearish bat forming on a daily chart and we can take this as future price projection. I suspect that this pattern will surely complete once 0.382 level is reclaimed. To add confluence to this analysis, Weekly oscillators are pretty much flipping bullish. Another confluence is that on 12H chart we see a possible golden cross happening in coming days (Golden cross occurs when 50 days moving average crosses above 200 days moving average) Last time this occurred on 12th august 2021 and price made ATH $69k. I am biased bullish, Lately I was biased bearish since before November. Capitulation doesn't seem to be happening and it seems that cycle is changing i.e., No more 4 year cycles. Bearish Scenario : If price goes below $38K level ONLY then it will be total bloodshed.
Long
by NasirCrypto
2
#BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS Welcome to this quick BTC/USDT analysis. Hello members, welcome to the BTC 1day update by CRYPTOSANDERS. If you have gone through with our yesterday's BTC chart then you will remember, in that chart we mentioned that BTC is looking bullish in long term. In the current scenario, btc bounced from the upper trend line or the green zone. Till now btc moved up very well and btc .d also showing confirmation that we can see this uptrend for more upcoming days. and. 
RSI also shows a bullish divergence . Sorry for my English it is not my native language. This is not a piece of financial advice. Thank you.
Long
by CryptoSanders9563
BTC Daily Update for Potential Short! Taking a look at BTCUSD on the daily last time we spoke on this we were trading around the smaller yellow box which is acting like a sort of magnet, price action seems to be always coming back to these levels then struggling to breakout, Since then we have had a strong breakout and pushing up towards our potential short position, we are also trading within a larger sized sideways zone shown by the dashed lines. Now i have changed up the short position a little bit ive adjusted our entry point too the recent high wick above the dashed line, think that a sweep of both of the previous highs is likely, take out some positions and continue for another potential drop back into our zone. now there is another scenario where we don't make it upto the top zone and that is if we create a lower high then chances are likely we will start falling a lot sooner! Now the RSI is bac above the midline which is good for the longer term and for this short i am looking for a push upto the overbought zone which we haven't visited since mid october, due too that we are likely going to face significant bearish pressure upon reaching that point. Now with the MACD we were coming down where is appeared our bullish cycle was coming too an end, but we are seeing a significant tick up for todays bar, seeing an increase shows a rise in bullish momentum that could lead too one more pump up before coming back down! Not financial advice just my opinion!
BITSTAMP:BTCUSD
by JacobR905
BTCUSD Hi, As can be seen in the chart a bearish triangle is forming and $BTC Is due for another major correction IMO. The world now is full of uncertainty and in this situation people's risk tendencies decreases and put q selling pressure in the market and historically speaking $BTC didn't go through major correction this time and i Think it's healthy for $BTC price to go through correction(under $34k)phase in order to flipping aways sellers from new spirit buyers. Note this is the work of private trader and is not a financial adivise.
BINANCE:BTCUSDShort
by de3ep_trader
BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BTC /USDT analysis. Hello members, welcome to BTC 4 hour update by CRYPTOSANDERS. If you have gone through with our yesterday's BTC chart then you will remember, in that chart we mentioned that BTC is looking bullish in long term. In the current scenario, btc bounced from the upper trend line or the green zone. Till now btc moved up very well and btc.d also showing confirmation that we can see this uptrend for more upcoming days. Sorry for my English it is not my native language. This is not a piece of financial advice. Thank you.
Long
by CryptoSanders9563
4