Btcusd4h
BTCUSDT AnalysisWe saw big bullish of BTC. end of the week we have interesting moment of BTC, its 19th day BTC is in flat we had a lot of touches and lot of liquidations, at least we are in bear and its showing us Trend Line and 200 MA, our trend is below of this 2 thing and its continue moving, what I need to see here is brake support or resistance for make sure which way will chose market to go, but in my opinion BTC bearish because USDT Dominance is going up, on USDT Dominance 1D chart we saw double bottom and broken trendline, ( I have analysis of USDT Dominance you can see that in my ideas) I am going to short BTC for 3 reason, First - last month we have bearish scene, Second - we saw aggressive touch of Bearish Trendline and Resistance zone, Third - USDT Dominance bullish scene.
btc transaction analysis
The trading strategy analyzed by everyone earlier, I believe that all friends who keep up will have great profits.
btc trading is expected to fluctuate and fall this week, focusing on 27400-26650-26150, I will choose to look for trading opportunities at these three points, keep up with me, and I will share more accurate trading signals with you.
Next, I will continue to provide more trading signals with an accuracy rate of more than 90%. If your trading results are not satisfactory to you, then you should join me as soon as possible!I will make your account profitable every week to reach more than 8K-15Kusd
BTC trading signal analysis
Just like the analysis I gave you earlier, we successfully achieved our expected profit target in the last trading cycle.
The current trend of the market is relatively stable. I judge that there will not be much volatility in the short term. Friends who have already made a profit in the last trading signal can consider choosing to short at the right point.
Specific trading strategies:
BTC:sell@27500-27600 TP26600-26400
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. If you need signals, join me as soon as possible!
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~.
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!
Profit is still going on, join me and take you to make more mone
BTC strategy analysis:
After stepping back on the 27200 line in the short-term within 4 hours of the day, the BTC market fluctuated within a narrow range within a short period of time. The market was under pressure at night, and the BBI average pressure fell back. The third line of the KDJ indicator turned at the 20-axis golden cross. Continuous shrinkage, the short-term current market is slightly deviated, and the attached indicators show signs of rebound. The daily market K-line closed below the MA60 moving average support on May 8, and the K-line was under pressure below the MA60 moving average on May 9. Currently The market is showing a small negative K line, the K line is currently showing 4 consecutive negatives, the KDJ indicator diverges downwards, and the MACD indicator green entity kinetic energy column is heavy. From the daily line, there is a risk of further decline in the market. Pay attention to the support around 27000. The market breaks big Probability drops to support around 25500, it is recommended to focus on high altitude
BTC:
28465--28755 Empty
More than 26630--26358
ETH:
1888--1912 Empty
1788--1763 more
Profit is still going on, join me and take you to make more money
Bitcoin fluctuates in the short term, falling first and then ris
Bitcoin is in an adjustment again near the weekend. At present, short-term bulls lack momentum, and the market rise is not smooth. Therefore, if the bulls can continue, this is the key point, otherwise the adjustment will increase. Bitcoin operation recommends buying at 29400, risk control at 28800, and target at 31000~31600.
Although Bitcoin continues to adjust midway, the current upward trend has not been broken, so maintain a low-multiple thinking. At present, the upward trend of C wave 1 is still continuing, with the upper pressure at 31600~32400 and the lower support at 29400~29000.
Traders, if you like this idea or have your own opinion about it, please write in the comments. I will be happy 👩💻
Bitcoin - The consolidationIn this study, I take a close look at the Elliot Wave structure of the movement since March 10 to make sense of this crazy consolidation we have been witnessing since March 23, in the 4-hr chart, refining the wave count of the previous study.
Currently sitting on the weekly pivot of $28k, I see a corrective wave structure that has developed, that not only includes two successive symmetric triangle formations, but both being part of a complex irregular Double Three (WXY) correction with a price target of c. $24k. Approximately a $14% correction from the current price.
A break below the bottom of the triangle support line could be the trigger for a deeper drop. A confirmed break above the upper resistance line of the triangle will invalidate this scenario.
What do you think? Will we see a breakdown towards $24k, or a continuation of the rally up over $30k?
Overview for BTC/USDT (Binance 4H)By the end of April, I predict that the price of bitcoin will increase to between $30k and $32k USD. Which is in line with recent reports that China is considering using the "Yuan" as its official currency, making the USD less strong over the next few weeks. A US bank has been reported to be selling 51,000 bitcoins in phases. It implies that if the US starts to respond and demonstrate their strength, they will win. They'll try to delay the "Yuan" Oil Agreement, which would produce another bearish trend. However I'm convinced the US banks will start by offloading the effects of Bitcoin and SVB. If the technical and the sentiment are in sync. Based on a good level of probability, we will enter into a good number of deals. Whichever analysis we conduct, I think it will always fall somewhere in between these two tendencies. Short or long. I'll choose the trades that, to the best of my knowledge, have the highest chance. and establish an SL for guarantees. When the day's RSI falls below 30, that will be the true bottom that I'm waiting for. There is currently a chance that it may break the 18K mark, at which point a divergence to the bullish RSI trend will mark the end of this negative phase. and after that, we'll take off. exactly like Simpson stated. beyond the sky. until the right TA is displayed at the bottom. I'll wait at the bottom for the Particularly Long Entry (8k to 11k)
Cheers,
Can BTC serve as an inflation hedge?BTC (Bitcoin) has experienced a significant increase this week, rising 38% since March 11th. Its performance has been generally superior to all altcoins, including ETH. Some argue that this proves the validity of BTC's "inflation hedging" theory. However, just nine months ago, BTC's inflation hedging theory was severely challenged, as the price dropped when inflation peaked. Only now can we truly see the impact of inflation on the financial system, and BTC has finally responded. BTC's response will roughly follow the trend of the cryptocurrency market, so it is unlikely to respond early to various leading indicators.
The object of BTC's hedging is systemic chaos, not the weakening of consumer purchasing power. The idea that BTC will flexibly adjust with US dollar inflation at best only simplifies the actual argument. On the one hand, BTC needs broader adoption to make these mechanisms work. Currently, there are too many speculative factors included in the price, making it unable to have a linear response to inflation.
Furthermore, a more precise version of the "inflation hedging" theory will detail the risks that BTC can truly hedge against, which are structural chaos in financial crises. As we are now seeing, financial crises are increasingly closely related to interest rates and other central bank manipulations, about half of which are aimed at addressing inflation.
BTC's performance suggests that it is in line with expectations.
There is a view that the surge in BTC price is not due to the long-term impact of inflation, but rather because the market sees a signal of the end or pause of central bank rate hikes, which portends lucrative returns for various risk assets. Hedge funds have been hit hard due to a double whammy of risk hits in 2022, where tech stocks were hit by rate hikes, and Silicon Valley Bank's foolish bet on future low rates was the main reason for its bankruptcy. Furthermore, new trading positions in the past week have been destroyed, as the bankruptcy of the bank is seen as a red light for the Fed's rate hike, which is also a signal that the economy has already slowed down. These changes may also contribute to the rise of BTC. After three bank bankruptcies in one week, the market may believe that the Fed is likely to stop rate hikes or even reverse the situation, which also leads to people who are keen to invest in "risk assets" appearing successively. This may make those who are anxious about the banking industry more determined to turn to BTC.
We will find out more about this issue this week. The Federal Open Market Committee (FOMC) of the Fed is expected to announce a rate hike. If the FOMC deems the threat of further financial disaster to be high enough, it may pause the rate hike. On the other hand, we still face 6% inflation, so I personally believe that another rate hike is still possible, perhaps balancing the difference with a magnitude of 0.25%, but certainly not doing nothing.
If there is no rate hike on Wednesday, the market may interpret it as a new round of prosperity for cheap currency, and BTC may truly become a risk asset, even if the Fed reaffirms its commitment to fight inflation at all costs.
The true test of the more precise version of the "inflation hedge" argument will be whether further trouble for banks, without considering rate hikes, will lead to further price increases for BTC. Until that happens, everything is speculation.
It can be said that BTC has been hovering in this position for a long time, and the direction is not so clear. Short-term strategies should be prioritized, and position control is necessary. Personal advice on strategy will be continuously updated, and friends who are unclear can keep an eye on it.
Analysis BTCUSD : 📅 2/26/2023Analysis BTCUSD :
Two scenarios ahead of Bitcoin price:
1: price movement towards the target of 21000 and weakness and return to the weekly high.
2: Breaking the 21000 range and the price falling to the 18000 range.
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👤 Alireza hajighasem : @alirezahajighasem
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📅 2/26/2023
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See also the weekly time analysis:
Bitcoin is facing a key decisive battle, will the bulls rise?
As of the update, the current price of BTC/USDT is US222,438, and the daily performance still shows a short trend, but the current price has been maintained at a small fluctuation, not quantified, this situation is much like just after an unusually intense exercise, you need to calm down.The current position of the daily line near 22500 is the key. If it can stabilize at this position, then the price environment of BTC/USDT will be greatly improved; there is even an opportunity to rebound to the 23700 mark; and once the 22500 position cannot be held, then BTC may fall to the level of 22000 or even 21500.
Judging from the 4-hour chart, the price of BTC is gradually shifting upward, and the MACD technical indicators are gradually rising. However, in terms of strength, the short-term will not rise too high. It is estimated that there will be no major fluctuations in the first few days of this week, and it will run in the range of 22200-22700.
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Bitcoin under pressure, waiting for the bears to enter
Bitcoin has reached the lower edge of the pressure area yesterday. If it is under pressure, there will be a wave of retracement in the later period. Today, it still maintains a high-altitude thinking. It is not ruled out that there will be high points in the short term, but it will remain high before the pressure area train of thought. Bitcoin operation recommends selling at 23900, risk control at 24500, target 22300~21500.
Bitcoin bearishness is based on the following:
1. Although Bitcoin has reversed and adjusted midway, the overall trend is still seen as a gradual decline after the top is built.
2. The upper pressure is 23900~24700, and the lower support is 22300~21500.
Friends are welcome to discuss together, I will give analysis every day for your reference
CME:BTC1!
BTC potential bounce to 26k BTC / USDT
After 3 failed attempts to break 25k, BTC made a pullback and hit 22860$ very interesting support level (which is the exactly thr confluence between dynamic support ema 200 and fibo golden support level 0.618
High potential BTC will bounce from here to 26k in next days
If not then the next level 22200$ which also an important support confluence between 0.786 fibo and bottom of giant channel
But the higher chance will bounce from the current level
This update for LTF
In macro picture we need breakout above 25k key level
Best of wishes