Btcusdforecast
🔥BITCOIN price SP500 FOMC-Fed Funds Rate. Next week will be hotEarlier this week, we published a possible trade for BTCUSDT. It is still in the process of being worked out.
The trade was based on the assumption that sellers would make every effort to protect the $25k area from an upward breakout. And it is justified and logical to cover at least part of the long positions in this zone.
But looking at the weekly candlesticks, we can see that the growth is only accelerating.
If buyers manage to break the stops of shorts above $25,000, this may provide additional fuel for a sharp 1-2 day impulse to the $27500-28,000 area.
And after a correction to the $20,000 area is possible, and theoretically, this will not be bad for the future growth trend.
We would also like to remind you that on 01/02/2023, the FOMC will meet to announce the new Fed rate. The forecast is +0.5%.
It is difficult to predict how the markets will react, but increased volatility in the markets will be guaranteed.
And at this point, We would like to remind you that sitting without a position is also a position and perhaps the most difficult position)
The SP500 index is on the verge of an upward breakout, but even traders by large companies included in this index are waiting for what the Fed will say. Therefore, in our opinion, it is worth keeping an eye on two possible scenarios.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
BTC: $25K LIKELY POSSIBLE.BTC daily close was above $23050. A positive close we needed for a bullish entry. In 2 hours TF, BTC broke above the bull flag pattern, retested it, and now bouncing back.
Trade setup:
Entry: $23060 to $23250.
Average entry: $22380 to $22620.
Stop Loss: $22230.
Target: $24800 to $25500.
Note: Do not trade without SL. DYOR before taking any trade.
BTC TO 24K Today ? Here's a possibility in my eyes that could happen today!
BTC is in an upward wedge coming up to a very important zone. THE 24k Zone. BTC must hold the current support LVL of 22990-23100 IF it wants to continue to the upside.
If we hold this area we could see BTC go up and test the 23985- 24304 LVL
ON THE FLIP SIDE
If we lose this current LVL of support we will most likely go back down and test the 21100-21500 LVLS
BITCOIN: GETTING REJECTED.Hello, trades, Dexter here with yet another update on BTC in a daily timeframe.
It's the 5th day and BTC just couldn't break the $23k resistance level. If BTC breaks this resistance level then $25k is imminent. But with the recent move on BTC, I assume that it may reject further toward $21.5k and then bounce back or eventually a breakout above $23k. If not then $20.4k-$19k is possible. With the RSI making a bearish move if BTC happens to show some correction then I believe that it will be important for the market and we will soon see a good rally coming in after this correction.
If BTC ignores the correction and breaks above the $23k resistance then the rejections will be invalidated and BTC will face the ultimate resistance level of $25k. Let us see what tomorrow will bring.
Until then don't get rekt.
Thanks for reading. Trade safely.
It has begunThe BTC reversal has begun. This is the beginning of one of the greatest bull runs in recent history. All the macro factors indicate that traditional markets will fall - unbeknownst to many, BTC and crypto will actually decouple and remain a hedge against the entire economic collapse, becoming the new asset class that everyone will run to.
Enjoy the gains, the fun has just begun...
Bitcoin is going to Hyperdrive this yearThe monthly MACD speaks for itself. Of course you can play trading games and try to accumulate more and more Bitcoin by trading up and down the hourly and daily swings. However if one zooms out on the monthly time frame, those who like the MACD indicator can see for themselves that Bitcoin is a screaming buy into this multi-month uptrend we are about to encounter.
#Bitcoin - Only 88.000 USD possible till May 2025 #BTSUSD!!! Thumbs up and also look at the old linked chart from June 2019 and press "Play"!!!!
You will like it, too ;-)
The price patterns of the Bitcoin of the past years once again presented as an updated overview.
Should the patterns repeat in the same ratio, then I would come to "only" 82,000 USD to 88,000 USD per Bitcoin and no longer to over 100,000 USD with a bull market weaker by a factor of 5 times (417% )than the previous upward movement of 2,089%
Greetings from Hannover
Stefan Bode
BTC GOING TO 32000$?Although according to the previous analysis, I believed that Bitcoin will fall to 11450 and even lower, but market fluctuations and high energy took Bit to the price of $18,000, so now I believe that the whales took Bitcoin above $18,000 and allowed it to fall further. They did not give and they have manipulated the market. But whatever it is, the new analysis shows that Bitcoin has just started its way, and the candles are breaking the blue trend line, and Chico Span is crossing the Tenken Sen, and we shouldn't wait for the Kijun Sen to break.
I believe that when the blue trend line is broken by the candles, the next move for Bitcoin is to hit the red trend line. But all in all, Bitcoin should reach 50% Fibonacci and the price will continue until 50% Fibonacci equals $32,400. Although there is a weak upward energy in the positive movement of MACD, let us know that this energy is positive and it seems that the beginning of a positive but alive energy is like a bow and arrow that arches itself to shoot up.
BTC/USDT BinanceBTC/USDT Binance
4H hollow candlesticks
After the price broke out of the uptrend parallel channel, as it break up all the previous Resistance areas, a huge pump followed.
For the next week, we can expect a consolidation between the main Support and Resistance areas.
The Support area is resulting from the extension of the golden ratio of Fibonacci retracement.
In an alternative scenario, as the market is extremely volatile, a path indicates the price movement for the next days.
In case this bull continues, a forecast indicator points to a possible price up to $23391.
Consider the Market cap to reach above 1 trillion dollars.
Either way, the bear market is over…
Bitcoin Price (BTC) = $20,833.19 +7.23%
= 13.58 ETH -0.40%
Market Cap: $976,914,569,167
24h Vol: $88,104,948,368
Dominance: BTC: 41.0%
ETH: 19.2%
Good Luck
#CryptoHellas Team
BITCOIN: CREATING NEW SUPPORT LEVELS.Hello traders, I hope you all are doing well with your health and your trades. Here's a quick update on BTC in a daily timeframe.
BTC has shown some rejection lately which is close to -6% in a single day. The denial may continue but only if it can break below the support 1 level at $20.35k. If BTC breaks down below the S1 level, we can expect the price to reach $19k and then a possible bounce back.
For now, if BTC maintains the support 1 level, it needs a breakout above $21.5k to continue a higher rally.
In long term, I am bullish on BTC and if BTC shows some correction then I will accumulate more.
That's it, for now. I will update BTC in a shorter timeframe as well.
Thank you for reading. Trade safely.
BTCUSD.....SELL (4.2% Drawdown)After BTCUSD consolidated for a while at 20850-21500. Finally getting to the hot hours of yesterday's New York session BTCUSD break through the rejection/consolidation zone (Red Box).
Expecting the market to correct Saturday's (00:00 hours) bullish candle at a price value of 20000.