BTC quick update.BTC is at the $41800 support level. It should hold this level or else $40k is likely to play off.
Trade safely.
Btctechnicalanalysis
BTCUSD 30mDue to the selling pressure in Bitcoin, this downward trend can continue up to the specified range
From Ichimoku's point of view, there is no sign to stop the descent!
BTC 1D, TARGET .. OH MY GOOODD MY BTC AFTER ETF Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.
Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”
Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.
BTC 1D, OH MY GOOOODDDBitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.
Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”
Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.
Will Bitcoin ETF Tame BTC Like CBOE DidThis chart is still in play, I don't like the fact that the ETF approval, hasn't sent BTC. The weekly chart still show a bearish diversion, we still have 19 days left for the monthly candle if it doesn't close above the resistance... I'm shorting.
BTC etf The picture is pretty clear imo. The ETF is near and the market is giving this clear picture. lets see what happens. IT's GG.
Bitcoin Quick Update.BTC dropped -10% in the last 8 hours. This dump liquidated many long positions in the market. Currently, BTC is holding the FWB:42K support and it will be quite interesting to see how the next candle will be. With an hour left for the candle to close, I am expecting BTC to hold the FWB:42K support level and make an attempt to reach the $44k resistance level once again.
What's your take on this? Feel free to comment.
Regards,
Team Dexter.
Bitcoin: Another attempt to break the $44k ceiling.BTC must hold the FWB:41K support range. In a worst-case scenario, we can expect a drop to $40.7k.
Expecting a bounce-back and another attempt to touch the $44k ceiling.
DYOR.
Expired BTC.USD Weekly outlook. 4th WK DEC 2023Expired BTC.USD Weekly outlook. 4th WK DEC 2023
> BULLISH 📈 CORRECT
Closed Price: 43,805
Target Price: 44,442 | Strike Price: 45,210 JAN1 24'
Upper Range: 47,343
Lower Range: 41,541
BITCOIN: STILL HOLDING ON.Bitcoin is currently maintaining support around the $43,000 level, but the uncertainty in the market raises questions about how long this support-resistance pattern will persist.
As we approach the end of the year, here are some key observations providing insights into the potential upcoming movement:
1. In early December, Bitcoin faced resistance at $44,000 and experienced a subsequent decline to $40,000 (-10%). We can see the same struggle at present.
2. The Relative Strength Index (RSI) is showing signs of losing momentum, suggesting a bearish sentiment.
3. The USDT Dominance remains firmly supported at 5.6%.
4. To signal a bullish trend, Bitcoin needs to successfully close above the $44,400 resistance in the daily timeframe.
In conclusion, considering the approaching Christmas Eve, which coincides with the weekly close, it is advisable to reduce trading stress meaning 'No leveraged positions', and enjoy your Christmas with friends and family. We will be posting updates related to the market so keep your notifications turned on.
Happy holidays.
Regards,
Team Dexter.
BTCUSD H1, SHORT ENTRY UNTIL 38700, SEE WHY .... Hello Traders!
In this stage, I see BTCUSD H1 falling until the level of 38700 (even lower), because it has to close a liquidity gap, and also, hit the level of 38400, a very important level of resistance.
At the moment, I see BTC under bearish dominance and I consider it a good moment to enter short.
Keep in touch!
Follow me for more ideas/trade perspectives!
www.tradingview.com
BTCUSD H1 Future Scenario, looking for a Long entry 📈✅Hello Traders!
This is my perspective for BTCUSD H1, interesting reaction from the level of 43300. I expect a retracement until the level of 38700, and after that I will search for a long position.
At the moment, liquidity was closed and also, we can see a reaction from the OB.
Good opportunity to entry short.
Keep in touch.
P.s. Follow me for more analysis: www.tradingview.com
BTC: Still holding the support.Greetings traders,
Bitcoin (BTC) is displaying resilience by maintaining support around the $40.5k level. As long as this support holds, BTC remains poised to make attempts at breaching the FWB:42K resistance. However, a decisive break below the support could lead to a potential decline towards the $38k to FWB:39K range. Stay vigilant for key support and resistance levels.
Best regards,
Team Dexter.
Bitcoin - a 2023-26 planBTC repeating cycles;
Using historic cycle data , repeating cycle for supply and demand along with subtle gain and degradations.
Already tagged one target (previously predicted in august 2022)
Weekly macro targets - it awaits to be seen if we tag the 2022/3 DMA area (First red circle) prior-to or post 2024 halving.
We should see a liquidity grab $19-21k area at some point (next green circle).
A small pump into pre-may 2024 halving, fast drop after and then pretty much up - only bull run into late 2025 top - signalled by divergence.
i think at this rate, the 2026 drawdown will be fast, and brutal.
SPOT + CHILL
or
SWING + COMPOUND
Both will in out eventually, just a question of % gains.
Bitcoin and being in the dangerous zone...Considering the recent growth and the lack of correction of the upward trend, as well as being close to the ceiling of the channel, the price can fall to the $24,000 area and start the main upward movement from there.
Maybe
Bitcoin paving its way to $40k.Hello traders,
Providing a swift BTC update using 4-hour and 3-day timeframe charts. My target remains around $40k, and in the absence of sustained upward momentum, brace for a potential significant correction. Stay prepared for various market scenarios.
Trade safely, guys.
Regards,
Team Dexter.
Bitcoin Update: A confirmation we all were waiting for.Hello traders,
Here's a quick analysis of BTC in both higher and lower timeframes. I have already mentioned the strategy and the possible move on BTC so do watch the video till the end.
Regards,
Team Dexter.
BTCUSDT BREAKING SOONBTCUSDT is moving in a pennant on the daily timeframe. To the left, the resistance level is at previous daily-support level.
A breakout upward against the support level will push BTCUSDT to the $4x k range.
However, if bears win, BTC has a chance to hit the $32k- FWB:31K levels
Take entries on the 4hr/1hr. Will be setting alerts both sides, and entering upon volume breakout.
Important Bitcoin Update. Hello traders,
Quick update on BTC using a 3-hour timeframe chart. I have explained all the necessary details, support, and resistance, leverage trade opportunities, etc. Do watch the video till the end.
Regards,
Team Dexter
BTC 4h daily analysisBearish flag patter.
Equal highs with break out to collect buy side liquidity.
Price is showing confirmation above
previous highs, but still is in consolidation mode.
We can potentially see run up to 39200 with wick above.
Fibonacci. Above 0.5 we are in overpriced area.
Discount area 0.786 for possible comeback,
which would be the same area from where price brake through. It would also confirm blue trend line up.
If your bias is short look for short term entries and imbalance area, for bigger trade look for shorts at 39 or above with a sudden price action move.
If your bias is long, look for buys at 0.7-1 fib level.
4h has divergence, which shows weakness of buying power.
BTC Daily Chart 22th November 2023In my previous idea i was expecting COINBASE:BTCUSD to make a double top formation before correcting. But BTC wasn't ready consolidating yet so instead of a double top it formed a head-n-shoulders formation. In both cases it's a bearish formation that could lead to a correction towards 32K (a resistance level that still has to be tested as support).
Another sign that a correction is incoming, is the negative divergence on the RSI. While BTC price is forming an ascending channel we see a descending channel on the RSI, indicating the negative divergence which usually leads to a drop in price.
On the other hand, BTC has tested 35-35,5k three times as support. Today we also read some positive news about the spot bitcoin ETF which could create positive momentum. Although i am seeying more bearish signals, it is still possible for BTC to regain strength and perform another rally towards 38K (and three times might be the charm on breaking this resistance).
What do you think BTC will do next? Will we see a correction or a continuation rally?
Bitcoin CorectionHello Dear Guys
So in Weekly Chart bitcoin is on bearish which the corection will happend before halving so dont go allin into investing because we highly got a corection chance to see the RSI is high same on MSI etc etc..
its not a financial advice just be safe thats all i want for you guys thanks
🌟 Exploring Bitcoin's Future Through Logarithmic Regression 🌟I've been delving into the fascinating world of Bitcoin's price trends and came across some compelling insights that I thought were worth sharing. Here's what I found about using logarithmic regression to understand and predict Bitcoin's market movements:
The Power of Logarithmic Regression: This method is really intriguing for Bitcoin analysis. It shows us how each cycle tends to bring diminishing returns compared to the explosive gains in Bitcoin's early days.
Peering into Future Peaks: Based on this approach, it seems that the next significant peak of Bitcoin could be lower than many expect, considering its current price around $45,000 and historical trends.
A Glimpse into 2025: Projections suggest that by late 2025, Bitcoin might reach just over $100,000. However, this might not align with a cycle peak, indicating a more gradual growth trajectory.
Understanding Market Cycles: The patterns of Bitcoin's rallies and downturns, along with its interactions with other assets like equities, offer a fascinating glimpse into its market behavior.
Altcoins in the Bitcoin Universe: In scenarios where Bitcoin experiences a major rally, it could significantly impact altcoin values. There's also a possibility of a 'double bottom' occurring in the current Bitcoin cycle.
The Significance of Regression Lines: Changes in regression lines can lead to notable shifts in Bitcoin's price. This concept was particularly evident in the 2018 cycle.
Current Price Considerations: Analyzing the current price in relation to trendlines indicates potential highs and lows. Reaching a $100,000 mark seems plausible, but going as high as $300,000 in the current cycle could be more challenging.
Bitcoin's Market Dominance: Despite potential fluctuations, Bitcoin's dominance in the market seems poised to continue its upward trend, offering a level of stability in the volatile crypto world.
