Get started

Btcforecast

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
BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BTC /USDT analysis. Hello members, welcome to our BTC/USDT quick update As we mentioned in our previous chart that BTC was trading inside the triangle pattern and if breaks the green MA then we will be able to see the triangle break out also. Till now BTC moved in the right direction. According to the current scenario, btc is on the way to retesting the upper trend line which will be the confirmation for an uptrend move. In another frame, if BTC brakes the upper trend line and moves back into the triangle pattern then this chart will be invalidated. Sorry for my English it is not my native language. Thank you Happy trading.
Long
by CryptoSanders9563
#BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BTC /USDT analysis. I have tried my best to bring the best possible outcome in this chart. Hello, members Welcome to our BTC /USDT quick hourly update. As we can see in this chart BTC is currently trading inside the symmetrical triangle pattern which is a bullish pattern. In the current scenario, BTC strongly holds the yellow 21MA (moving average) which is near the $38770 mark. Whenever BTC holds the yellow 21 MA BTC it becomes bullish. If BTC breaks the down trend line then this chart will be invalidated. 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.
Long
by CryptoSanders9563
BTC/USDT 1HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BTC/USDT analysis. I have tried my best to bring the best possible outcome in this chart. Hello, members Welcome to our BTC/USDT quick hourly update. As we can see in this chart BTC is currently trading inside the symmetrical triangle pattern which is a bullish pattern. In the current scenario, BTC strongly holds the red MA (moving average) which is near the $39200 mark. Whenever BTC holds the red MA BTC it becomes bullish. MACD (moving average convergence divergence) also shows bullish crossover. So we can say that we can see some green candles in the next few hours. If BTC breaks the red ma then this chart will be invalidated. 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.
Long
by CryptoSanders9563
#BTC/USDT WEEKLY UPDATE BY CRYPTOSANDERSWelcome 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 we can see a rising wedge pattern create that from 15th March 2021 to 10th May 2021 btc was in an uptrend and from 10th May 2021 to 12th July 2021 was in 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 downtrend 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