Btcpriceprediction
BTC BTC BTCprice action prediction
TAYOR
DYOR
Not a financial Advice
4 hrs chart seems continues break of structure.
if $BTC break my POI we can see a CHoCH and its downtrend.
and if $BTC respect my POI we can see a bounce back and might create another HH.
simple price analysis
Be careful and trade wisely.
always use stop loss and risk managment.
Dont chase the market,
Let the market come to you.
What's around the corner for BTC from Elliott & Wyckoff on 1D?!My TA on 1D is based on Elliott and Wyckoff pattern.
I did not include any indicators for this TA as at this time they do not show any confirmation for the price reversal. This may take a few days given today's drop. Therefore, there is no need to disregard a possibility of a price falling further down to around 40,300 USD or even to 33,500 USD. It may happen!
However, currently the price is bouncing off the local descending trend line in black colour and also off the blue colour line. The vertical volume shows divergence against price for the last 5 days (see the last 5 red candles). Along with its yesterday's longest red candle such action indicates a price reversal.
I will update this TA as price action moves along, so keep track of it!
BTC Price Prediction!I'm taking a zoomed out look for the 3D BTC chart so we can see the big picture but get a long-term target as well. If we zoom out on Bitcoin, we can see a huge 3D descending wedge that is still very far from breaking out, but has good long-term support/resistance levels to watch out for (long teal lines). Although with that, we can see the bullish divergence playing out on the Stoch RSI (indicator is rising while the price was declining). Now we've seen BTC hold support at the 18,900 level and showing no signs of breaking (orange horizontal line). This, coupled with the double bottom pattern on the VMC divergence indicator (bottom indicator) leads me to believe we're still heading to 25k over the next couple of weeks.
My only apprehension against a 25k BTC within the next couple of weeks is the downward trend being formed on the Stoch RSI (as pointed above with the red arrow and teal trend line). This would lead us to form a channel over the next couple of weeks until it's broken which would mean sideways movement for BTC. While this initially sounds like a bad thing, it would give alts the chance to pump while BTC takes a breather. I'll be watching for both scenarios over the next few days and keep you updated!
If you enjoyed my TA or had any questions, please leave them in the comments below or send me a DM :)
BTCUSDT: IS IT REALLY TRYING HARD ??Hello !!
Welcome to the quick update of BTCUSDT. It is currently trading around $ 21400. With the last low of 17600, it bounced pretty well all the way until 21600 thereby hitting the immediate resistance.
As of now, it is trying to retest the 19k mark but failing to do so and regaining the 21k mark. As per the charts, it is evident that the price can take a dump if it breaks the triangle pattern.
BTC is at a decisive point that can impact the market both in a positive as well as negative manner. I suggest everyone wait for a confirmed breakout or breakdown before making any trade decisions and let BTC decide its way ahead.
Till then stay tuned and trade with caution with strict STOPLOSSES !!
This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits.
Please like and share and comment on this idea if you liked it.
BTC-USD Weekly TFSo far, #BTC price behaved as I expected and shared with you in my previous ideas here.
But what would be the next move?
As you can see, the main accumulation in the previous #bear market happened in the yellow box, from almost $6k to $13k, and after that there is no accumulation in other price levels.
So, we can expect the price testing that area if some bad financial news or war news come to the market.
The orange box is an important support for now and price can show a dead cat bounce to $25k area before dropping to lower levels.
Also, OBV shows money flowing out of the market which confirms the downside move.
Cheers!
Mr.Cryptotracker
Logical Prediction for The BTC Price First of all, BTC invalidated Descending Triangle Pattern & now it forms a Bullish Pennant Pattern ...
So now the price should move according to the Green Path but I think the price will dump let's say less than 28100$
as the RSI Lvl is so High & if it pumps a little bit then it'll form Hidden Bearish Divergence But if rather it dumps & follows the Red Path then it'll form a Very Strong Bullish Divergence which then will make a big move & also a sense to the End of Bear Market .
So, See the Market Carefully & Take your Trades according to it.
BTC TO $100K by JAN 2023 ?- How I see BTC playing out is it goes up reaches its all time high, breaks above and closes, retests the resistance which now becomes your support and then btc goes higher.
- I still own 0 BTC as the ROI is shite, I am fully invest in XRP, XLM, XDC, QNT, AGIX & CASPER.
- NOT FINANCIAL ADVICE!
BTC 400% MOVE INCOMING!- As you can see previously BTC consolidated for a while, before it broke out and went up by 450% if the same move occurs we will could see a $320,000 BITCIOIN!
- Short term we could see BTC touch back to $32,000 and then a massive rally to the upside, then when all the whales start to sell their BTC, A LOT of money will flow back into ALTCOINS!
- NOT FINANCIAL ADVICE!
What do you think about this pessimistic analysis?I'm trying to see some thing on the chart, I'm not an investor, I'm just a day trader and actually I don't care about the price, HOWEVER... I really love to see different scenarios to improve my analytical skills
so Id be so glad to know your thoughts
according to what I just said, its not ANY investing suggestion
A bit of hope for BTC bulls!Hey guys, how's everyone? I tried posting some charts for you guys a while back only to find out that they were "hidden" from you guys for "violating the house rules"
So I'm going to keep this one short as the chart is self explanatory.
What I did here was mark the BTC halving events on the chart and also the bull market top that followed! If you've noticed, each year the bull market cycles have lasted longer with diminishing returns.(this is an idea I've mentioned in many of my previous charts) This makes sense because as BTC's price increases, naturally more and more buying volume is required to further increase the price. That's why the logarithmic chart curves the way it does.
So with those ideas in mind you see the 2013 bull market top was about 364 days since the halving event where it started.
The 2017 bull market top was about 518 days since the halving event where it started. According to my math, this represents a 42.3% increase in time. (my math is on the chart for you to do yourself if you'd like)
If this continues, we could figure out what is 42% of 518(the number of days from 2017 halving until the top), which is 217.5 (according to my math) So if we add 217.5 days to 518 days we get a total of 735.5days.
So if this bull market which started in 2020 also sees an approximately 42% increase in length compared to the previous one (which was 518 days) then we could expect to see the top somewhere around 735 days from the last halving event.
On the chart you can see the last halving event was on May 11, 2020. 735 days after this event = MAY 16th, 2022
As I've written on the chart, I PERSONALLY DO NOT think this idea will play out, however it definitely IS something to keep in mind, especially if BTC just starts pumping out of nowhere really soon. I Personally think this market cycle double-topped and we are in a bear market now. I'd be looking to accumulate later this year (past August) or even in 2023 as the next halving event is not until March of 2024.
What do you guys think about this? Please LIKE, SHARE, and FOLLOW me if you like my analysis.
ANALYSIS BTCUSDWe have been currently in a down trend forming a series of lower higers and lower Lows ....but price is currently trading inside a channel for the past 3 months forming a bearish flag on a daily time frame...as price is testing the support line of the channel am expecting price to hold as smart money mio take out liquidity below the support Zone around 37k-36k and a bounce back to the channel.
$BTC Price Prediction April ForecastI believe $BTC could range anywhere from 37k to 40k by the end of April to early May. We could see Bitcoin retrace back down to between the 0.618 and 0.65 Fibonacci level, aka the golden pocket. Another potential area Bitcoin can come down to is the 0.786 fib channel level as $BTC has rejected the 0.5 fib channel and is now testing the 0.618 fib channel level. I am currently 65% bearish and 35% bullish for bitcoin this month, however, in regards to other altcoins and eth, we could see a rally in the larger cap alt market. I am still long-term bullish for BTC regardless of its upcoming price action in the upcoming months.
BTC/USD Wyckoff Cycle Analysis Pt.2 LONG!!!
In December 2021 I published a Wyckoff Chart that predicted the exact day of the market bottom (In the attached Link).
This chart is showing how the accumulation has played out. The current price action sits in Phase D at the BU/ LPS which typically precedes a more substantial price mark-up. This will execute after the price is finished compressing we should expect a breakout to the upside as long as structure holds at 44k.
Price Targets have been placed at the all time high 50% Fibonacci and the 61.8% Fibonacci levels which both have confluence with the triangle chart patterns shown.
Entry: 45.8K
TP1: 50k
TP2: 55.1K
SL: 44k
BTC re-test $45500 before a move to 52kWhat we are seeing right now is probably the best thing we could see for btc.
Healthy price action comes with corrections, as these corrections provide the nessecary support for the coin to continue higher.
And we can see this on the chart with our indicators/support zones.
1) We broke the local highs set for the past couple months. Great sign. Also a strong area of support now that its flipped from resistance.
2) The ema spread is wide and offering us support currently.
3) We also have an uptrending zone of support holding us up.
If we invalidate all three of the above this could likely be another fakeout, but in my opinion I think the likelihood of this happening is low.
This is not financial advice and always do your own research before entering the market.