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BTC/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this BTC /USD 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:- Bitcoin (BTC) mostly consolidated on Thursday, as the price failed to break out of the critical level of $17,000 yesterday. Following a high of $16,964.59 on hump day, BTC/USD slipped to an intraday low of $16,789.75 earlier in the session. The drop comes as markets reacted to the latest FOMC minutes, where the Fed has seemingly agreed to maintain interest rate hikes. This comes as the bank expects a more aggressive rise in inflation, forecasting consumer prices to be at 3.5% in 2023, higher than the 3.1% previously expected. Looking at the chart, the decline in price also comes as the 14-day relative strength index (RSI) moved below a resistance zone of 51.00. As of writing, the index is now tracking at 49.14 and seems to be moving toward a support level of 46.00. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
2
$450k #BTC Long 23/25 Predicition#BTC WILL hit $450k by 2025, and correct '85% Draw Down' (in 25/26) to the 2021 ATH ($69k). (450,000 - 85% = 67,500) $450k BTC is a 45x from $10k. $1,000 = $100,000 (2025) ==== 85 % Draw Down Narrative (Bearish - $10.3k - $14.6k) If you believe the '85% Draw Down' Narrative, its time to park your cash on go on vacation. Good luck catching wicks! Follow Thread: ==== 75% Draw Down Narrative (Bullish $23k Rally) - BTC Decoupled from the DJI this month. - There is a potential rally to $23k (Catch up to DJI?) BTC could be in a mid cycle bull run and in a corrective 75% draw down phase. BTC is floating between 74% to 77% as of today. If BTC is in mid cycle, BTC will NEED TO: Break the $17.5k resistance, and the $18.6k Resistance for a short bull run to $23.8k IF $23.8k resistance is broken, the 75% Draw Down narrative is in play, and the $10k -$14k BTC holders willbe left waiting for the dip. IF $23.8k fails, $14.6k BTC in route, 85% Draw Down is in play. ==== As of todays date, BTC is on a Knifes edge waiting for a decision. Personally, im Bearish waiting for the 85% Draw Down narrative. If BTC hits $19k, im in for the short to $23k. BTC 75% Draw Down Cycle:
BITSTAMP:BTCUSDLong
by XRP-Jonny
2
BTC/USDT 2HOUR UPDATEHello and welcome to this BTC /USDT chart update by Crypto Sanders. I have tried to bring the best possible result in this chart. Chart Analysis:- The price is still consolidating in a handle. The wicks are showing uncertainty between bulls and bears in between the local support and horizontal resistance. Here we've to sit tight for a successful breakout of the horizontal resistance, which will confirm an upward direction in it. As BTC is trading level by level, if it effectively breakdown the local support, then a range play is expected between the mid-range and local support. This is not a piece of financial advice. Hit the like button if you like it and share your chart in the comment section. Thank you
by CryptoSanders9563
11
BITCOIN: $18K POSSIBLE.Hello guys, welcome to this BTC update in 6 hours timeframe. For the last couple of weeks, BTC has remained less volatile and has moved sideways with 3%-4% of ups & downs. Currently, BTC is in the blue box area and it is an important one because if we see a breakout above the blue zone then $18k is expected. For support, we already have the lower support line at $16.6k. So, BTC has been hovering in this price range for quite some time, and looks like we have reached a point where a breakthrough is a must. Key points: 1. Expected target: $18k. 2. Invalidation point: Close below $16.6k. 3. Confirmation: Breakout above the blue box. Thank you for reading. Stay healthy and trade safely.
BITSTAMP:BTCUSDLong
by Dexter_The_Trader
6
BTC/USDT 4HOUR UPDATEHello and welcome to this BTC /USDT chart update by Crypto Sanders. I have tried to bring the best possible result in this chart. Chart Analysis:- BTC bounced from the local support after a successful retest but got rejected after hunting stops above horizontal resistance and MA 200. It has also formed a cup and handle pattern, which is technically a bullish pattern. Currently, the price is consolidating in a shape of a handle. A solid breakout of the horizontal resistance would be a bullish continuation sign in it, and the invalidation of the handle is a breakdown of the local support with a retest below it. This is not a piece of financial advice. Hit the like button if you like it and share your chart in the comment section. Thank you
Long
by CryptoSanders9563
BTC/USDT 1HOUR UPDATE:-Hello, welcome to this BTC /USDT chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-hello traders welcome to btc 1hr update btc is trading inside the parallel channel if btc downside breakdown the parallel channel we can still see btc $16600 to $16400 today and if btc breakouts the parallel channel today we can see a new high in btc stay connected with us for such updates thank you. This is not a piece of financial advice. 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 SANDERSHello, welcome to this BTC /USD 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:- Bitcoin (BTC) edged closer to the $17,000 level on Tuesday, as traders turned their attention to Wednesday’s FOMC minutes report. BTC/USD hit a high of $16,760.45 earlier in today’s session, which comes less than 24 hours after trading at a low of $16,666.92. Today’s activity saw bitcoin near a breakout of a long-term resistance level of $16,800, as market volatility remains high following the New Year’s celebration. As can be seen from the chart, Tuesday’s move comes as the 14-day relative strength index (RSI) approached a resistance level of its own. Currently, the index is tracking at 47.18, which is marginally below its point of resistance at the 48.00 mark. This ceiling seems to be the main hurdle stopping price from extending gains and moving above the $17,000 zone. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
1
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC /USDT chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-BitcoinBitcoin continues the sideways movement. The market is loading for a big impulsive move. The trading range major support is the $15,000-$15,500 area and major resistance is the $17,800-$18,500 area. Plan your trades accordingly. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSDLong
by CryptoSanders9563
Bitcoin Deep analysis Lets analyz deeply In Bigger Picture we can Clearly See Btc consolidating In Descending Broadening Wedge (Its bulish Pattern) And if we look Closer Then we Have Descending Channel Too For bulish momentum Btc Needs to clear descending Channel,s Resistance (18800 to 19200) Then we Have Another Resistance Is In Between (20800 to 21300) Area Once Btc Cleared Trendline Resistance Then Expecting Bulish rally Iat Least For Midterm (Expecting Move towards 45k) Keep In Mind Btc will Remain in downtrend Until descending Broadening Wedge,s breakout In These analysis Ii discussed Technical Outlook according Price action)
Long
by Worldofchartsfx
1
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC /USDT chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Bitcoin bounced from the trendline support. The channel is working fine and the trading range continues. There is no volume in the market. The market is giving time to enjoy the new year's eve party. Let's see what the new year brings for crypto. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
BTC ready to either Pump or Dumpaccording to the chart, BTC is on the ascending trend line in 4H time frame. If BTC break the green area (order Blok) it can goes up and reach our targets. But if its brake down the trend line our Sell position will active, and we can reach our sell targets. on the other hand, we have ascending Fibonacci channel support and resistance. Pay attention to those area. be aware: this is not a financial advice. opening any position is on your own risk.
by DarknessEmpire
4