Btcsignal
Looking for possible moves in BTCUSDFirst of all : I see 3 cases in BTC :
1)BTC is doing a V correction and is going to the upside and will mark a top in the 72-85k price range and after that a correction of about 40-50% will likely happen based on historical runs of 2013 and 2017 where BTC has crashed at a steep pace after marking its top and retracement back to about 70% or (in fib 70.2) where most alt coins complete their bull runs. Some alts finish along with BTC based on historical data .EG : LTC,DASH,BCH,etc.
2) BTC is doing a ABC correction and will go down as deep as 35k and will see a reversal and will move upward as mentioned in point 1 .
3) BTC has marked it's top and is on a correction and may go as low as 30-35k price range and do a final retracement to about 55-58k price range where reversal will happen .However i find this very unlikely but again it can happen .
IF BTC played out like expected then i expect BTC to bottom down between 10 to 14k price range.12k USD price is what I'm seeing as bottom.
I stay entact to what I said in previous ideas and the data mentioned here is in reference of those ideas.
#These factors rely on BTC topping out during the 70 to 85k price range based on the 2013 bull run.
#Consider this invalid if BTC breaks 100k USD
#DYOR
#This is not investment advise
BTC / USDT : 🚀 Update analysisBuy : 31200$ x10
Target 1 : 32500
Target 2 : 34000
Target 3 : 36000
Stop loss : 30000
The current movement for BTC above critical support at $31.2K
if bulls holding and price rebound again to $38K, in this case, will see BTC breakout probably.
if the Bulls fail to do that and the bears breakdown this support zone we will see $30K as the next level for bears!!
in time like that, you have two option to do:
1-Open long position from support area with tiny stop - loss.
2-Wait for confirmation and trade with market direction.
The current bullish targets above $33K located at
BTCUSDT LAST UPDATE... BTC TO LONG AGAIN !!Bulls showing defend from sub support we mentioned in the last short-term update but look like they lack sufficient momentum to push the price up strongly!!, be sure you follow risk management if you decide to trade the moment!!
As we explained in the last update if Bulls fail to push prices up from current support, and BTC closed below $35K daily means bears want to test $32.7K again!!
overall in the current time, Alts take the chance and shows good performance
BTC is attacking the strong supply zone to reach 20KASX:BTC
BTC touches the strong supply zone for the sixth time and can break it this time.
Confirmations:
* The Span B crosses Span A and the green cloud formed.
* ChikuSpan and Tenkensen are top of the Kumo cloud.
* Tenkensen crossed the Kijunsen from below.
* The mentioned strong supply zone touched for the sixth time and could be broken this time.
Get ready and fasten your seat belts!! 100,000 is very close. In the daily chart, with the price crossing the range of $ 13951, we have the main confirmation for the price increase in wave III, the price is currently in wave 3 from point III. The first target for this uptrend is $ 21,000, since 3rd Wave is always the longest wave, we can set targets of $ 50,000 to $ 60,000 for this price expansion.
MY IDEA FROM AUGUST 2019 STILL RELEVANTI just found my old idea from nearly a year ago and it is still ongoing.
There was also an optimistic version of it, which I wanted to believe in.
If you ask me, short is the only option.
Disclaimer
Remember to always Do Your Own Research .
I am not a financial advisor. The advice here given is not financial advice even though my excitement might make it look like such.
You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.
BTCUSDT LAST UPDATE... BITCOIN TO ???BTC / USDT
Update analysis
i still believe in dump in coming weeks end of July and Aug so be sure you follow risk management in your trades!!
i will be wrong if BTC closed above 9500/9800 weekly and i will admit that without ignoring, During that time we follow the market movement and trading with it.