Btctrading
Does volatility and other limitation hold back BTC?Today, I wanted to bring up a topic that has been on my mind for a while now. As you all know, Bitcoin has been the king of the crypto world for quite some time. However, have you ever wondered if BTC hinders its own performance in the long run?
While Bitcoin has a lot of advantages, it also has some limitations that could potentially hinder its long-term performance. For example, the limited block size of Bitcoin's blockchain can lead to slower transaction times and higher fees during peak usage periods. Additionally, the lack of flexibility in Bitcoin's codebase can make it difficult to implement new features or upgrades in a timely manner.
I'm not saying that Bitcoin is doomed to fail, but I do think it's important to question its long-term performance. As Bitcoin maximalists, it's easy to get caught up in the hype and overlook potential issues. That's why I encourage you to take a step back and consider the bigger picture.
So, let's start a conversation about the future of Bitcoin and its long-term performance. What do you think are the biggest challenges facing Bitcoin? How can we address these challenges and ensure that Bitcoin remains a strong player in the crypto world?
I look forward to hearing your thoughts and opinions on this topic. Let's work together to ensure the long-term success of Bitcoin!
$BTC SHORT TERMHonestly I don't like to update CRYPTOCAP:BTC In the short terms
But for now I see that the price make liquidity sweep if break 27098.28
So here we should looking for short not long as other people do.
And if the price doesn't break it We will stay in up trend, And the price will go
to next OB>>
So Good Luck And take care For Your Trade.
The Bitcoin 5.3 Theory The Bitcoin 5.3 Theory
The Bitcoin 5.3 Theory was discovered and propagated by Steve Courtney of Crypto Crew University.
I wanted to create a chart that explained how the The Bitcoin 5.3 Theory works visually without to much complication.
- The BTC 5.3 Theory has had an accuracy of 94% - 99% at predicting the Bitcoin All Time Highs (ATH) to date.
- As shown in the chart the formula is as follows: Last Cycle Price Increase ÷ 5.3 x Price Low = Percentage increase to the next ATH.
- I have shared a spreadsheet showing this on another platform, regardless the chart illustrates it.
- The current projection is approximately $77,005 for the next ATM which is lower than what a lot of people are expecting.
- The $80,000 level should be a focal point for us all factoring in the 100% long term Fibonacci extension level from the March 2020 lows is also $83,000.
If you note any error or changes required please let me know, I have tried to get this as accurate as possible
Puka
BTC: Keep going long, target 30K
BTC has been running around 27K recently, although affected by the news, the market has ushered in a fall, but the support of 25.8K below is very obvious, personal advice, before the market has not fallen below 25.8K, always maintain a long idea, any decline is a better buying opportunity.
Personal operation strategy: btc buy@27-27.2K tp: 28-29-30K
Fifteen years of trading experience, trading signal accuracy rate is as high as 95%, I will share more trading signals to help you make profits!
Bitcoin Macro viewH4 chart.
I think we have entered in to new range (HTF) even it's h4 chart.
26600 is crucial atm, 27200 next big one which was yet again rejected but still looking good to my eyes. Even dollar is on the rise but that has been well expected after such retrace last months.
Spx is still running high end, Powell speech tomorrow --> more volatile market.
Btc 25300 is lowest it goes for now in my opinion, expecting 26600 to hold and run high as 40800~.
bitcoin short setup Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
BTC Trading Signal: Target 40000
BTC currently has a relatively clear trend line. If it does not fall below during the backtesting process, you can refer to this trend line for long trading. The resistance is 29800-30200, and the target can be set near the resistance.
If it falls below, short positions will have a better chance to make a profit. The support is 28600-28200. Of course, you can go long near the support. As long as the support is valid, the probability of profit is also very high.
The long-term goal is still at 40,000!
Finally, I want to tell everyone that no matter how many years you have been trading, no matter whether your trading is losing or earning, if you follow me, you will definitely gain more!
BTC Trading Signal: Go Long
In the opinion released last Saturday, I clearly told everyone that if you break the trend line, you can go short, support 28600-28200, and go long near the support, with a target of 29000. Both transactions are perfectly completed.
Today, Bitcoin fell below the 28600-28200 support, which has turned into resistance, and the support moved down to around 27200.
After a continuous decline, the 30m chart pattern has a rebound demand, so the next transaction is mainly to do more at low levels, and the upper resistance focuses on 28200-28600.
BTCUSD LongHello guys.
This pair has been forming a falling wedge for the past few weeks, ever since bitcoin hit the 31000 zone, which is a strong indication of building a strong bullish momentum.
The price has retested the 27000 support zone, and I anticipate it is a good time to buy some bitcoins. My entry point is at 27400, target at 30100 and SL at 26500.
My R:R target is 1:3 for this trade.
Remember, risk only 1% of your account.
BTC: Go long first, then short
BTC3h chart, double-top pattern, this pattern usually means a decline in the market, and the larger the level of the chart, the greater the decline. The important resistance is around 28,000 and the support is around 27,200, but the current pattern is a double-top, so I think it will fall below The probability of support is extremely high, so my trading point of view is to short.
Trading Signals:
buy: 27500-27400
tp: 27950
sl: 27100
sell: 27900-28000
tp:26700
sl:27200
Traders, I hope my signals can bring you profits, if you like my views, please support me and follow me!
BTCUSD BUYWelcome . According to my analysis of bitcoin, there is a high probability of a rally. The coin is now moving sideways. In order to collect liquidity, to re-rise. Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
BTC Bearish Sentiment Coming Back! Fake Pullback to 29K!Bitcoin bearish sentiment is coming back to the market. with sunday fake pull back to 29K and then losing it couple of hours after.
Strong bitcoin control zone at 25K which could led to 30K AFTER reaching 25k.
Losing 25K could result in a capitulation.
Thanks for watching and all your support
BTC - Are we in a Bull Market?Hi guys. Welcome to my Macro TA analysis on Bitcoin and the bull case. I like to use different tools to see if i can find patterns that things clear, especially for long term/ macro trends. Since it is becoming more likely that we are in the beginning stages of a bull market atleast for bitcoin. Its now necessary to keep an eye and find confluences.
What i have on my charts today are:
2 moving averages
Blue line = 50 month moving average
Yellow line = 21 month moving average
2 indicators
1. Wave trend oscillator
2. ADX and DI
These 2 indicators i like because they help establish direction of trend by marking overbought or oversold areas. Gives somewhat of a picture on momentum as well
NOw lets first look at our moving averages the Blue and Yellow lines.
Just looking at the placement of the candles in relation to the lines.
Anytime we are above the yellow, we are in a bull market
Anytime we interact with the blue, its marked a solid BUY opportunity.
But taking a focus on the yellow line, as to stay on topic with our title. The green circles highlight everytime we've interacted with the yellow line coming from the blue line. Very important to highlight this, as we are CURRENTLY in the process of interacting with yellow line.
We are also going to close APrils monthly candle, so how we react to the yellow line is key to knowing if we are indeed in a bull market. OUr previous data points (2 in #), which is not many. Indicates that it takes 1 candle to hover right below yellow line, BUT the next monthly candle breaks through the yellow line. So perhaps MAY we do get above yellow line. Remember, however that this does not mean its definite. It is not a definite or sure thing we repeat history. Its more about probabilities. But one way to use this in trading, would be to see what we do in May and June, and if their is a confirmation candle during Junes close. That can be an opportunity to get in for the entire duration of bull market.
Now lets look at the 2 indicators.
1. Wave Oscillator -> Normally i use this in a way to determine buys and sells. And i would buy if the green line goes to the lower horizontal dotted green/ lined green combo at the bottom. And sell when the green line gets over the red horizontal line.
But what im using this now for is how it moves or reacts when we get to yellow line. What i came up with is, mainly looking for curvatures and placement of green line with red dots. From previous 2 green circles, green line has to be on top of the red dots and the green line should be curved upwards. Currently we have both of those happening and we are at a lower low compared to previous times we repeated this.
This is a great thing but there is a slight danger. Since this indicator is creating a lower low and price action is creating higher low as indicated by the white trend lines. This is a bearish divergence. We need to be watchful of this. If this plays out, we can see drop in price. Probability of this playing out for now is low as well.
2. ADX & DI - For this we have to note the white boxes drawn. These atleast the previous one, indicates a bear market. Ive highlighted the 2015 area because it is similar to how we are acting on ADX DI currently. One thing to note and in this chart goes against the bull case or has not yet confirmed yet. Is that the white line or moving average, needs to be curved/ pointed UPWARDS to indicate a bull case. And we must keep an eye on this as well.
Currently we are showing a bull cross of green line being over the red line which is a good sign so far. If in the next couple months, the white line does curve UPWARDS. That would make this inddicator supportive of the bull case, in my opinion.
CONCLUSION: AS per this analysis on the MOnthly time frame. We are still not yet in a CONFIRMED bull market. However, the current interactions with the yellow moving average, the upward curve of the Wave Trend Oscillator and its green line being on top of red dots indicate we are perhas 1 to 2 months away frm confirming. We have to keep observing the ADX and its white line particularly. If it curves up, this will support the bull case. One danger is the bearish divergence on wave oscillator. But remember confluence is more support of divergences, meaning if multiple indicators 3+ are showing it, it may be MORE likely. So it is something to search for. (be on the look out for an analysis lo0king for divergence). All in all, we could be in the beginning stage of a BULL MARKET, and next 2 or so months will be crucial for BITCOIN, how it interacts with yellow line if above or if pushed lower, if ADX white line curves up and if wave trend oscillator cointunues its upward trajectory towards red zone.
Hope this sheds some light on Bitcoin. If you enjoyed this, please boost, follow and if you have any thoughts of your own COMMENT. I'd like to know what you think. Also ill be posting updates not only for crypto but other markets as well.
DISCLAIMER: This is not financial advise, i am not a financial advisor. The conent expressed here are my opinion only and for educational purpose. Always remember to focus on risk management when trading and to protect yourself with stop losses.