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Btcusdidea

BTC: 6.5% VOLATILITY AFTER THE FOMC.Hello traders, I hope you guys managed to make some profit after the FOMC meeting. We saw good volatility in the market with BTC reaching $24255. A 6.5% red and green gave a good opportunity for both bulls and bears. Yesterday's trade was purely meant for scalping and if you were smart enough then you could have made some extra cash. Anyways, in this 3 hours chart, BTC is currently trending under a rising wedge pattern which shows some possibility of rejection in the market. If you are still holding this trade or thinking to enter then $23.1k will be a good buy zone with SL at $22.1k. If BTC manages to break and close above the upper resistance trendline then better wait for confirmation and traders holding the position can enjoy the profit. For now, I am placing my buy orders at the bottom trendline. What is your strategy? Let me know in the comments. Trade safely.
by Dexter_The_Trader
5
BTCUSDT: Bitcoin Likely to Continue Bullish After CorrectionThe outcome of the Federal Reserve's upcoming meeting will impact the direction of the BTCUSD pair. Currently, Bitcoin is experiencing a sell-off due to profit-taking, but the market anticipates a further bullish trend due to a slowdown in interest rate hikes. However, a brief bearish correction is expected. It is important to watch the 20000 price level as it may provide support in the future. I would appreciate your support of this idea to help reach others. You can also share your opinion with me. Many thanks
by ClintOnos
1
BITCOIN: A BULLISH RALLY AWAITS!Hello traders, I hope you all are doing great. In this update, I am gonna answer all your doubts related to Bitcoin. Out of all the DMs, I have short-listed three questions, 1) Where BTC is heading next? 2) When are we gonna see a bull run in the market? and 3) What is the support and resistance for BTC? Before we begin, let me clarify that this update is based on my analysis and research. So, do your own research before investing. Alright, BTC has shown some impressive moves last January and it still continues to hold the $23k level. So far, the market has been doing well and we can expect some more positive rallies in the coming days. 1. Where BTC is heading next? Ans: If you check the daily timeframe then you will notice that BTC has broken above the resistance trendline. And in this weekly timeframe, BTC is yet to hit the $25k resistance. So, most probably, BTC should hit the $25k target next. 2. When are we gonna see a bull run in the market? Ans: According to this weekly chat, BTC is already in the uptrend rally and if things go with the bulls then by February to April 2024 we will witness a new all time high on BTC. 3. What is the support and resistance for BTC? Ans: Currently, there are two support ranges for BTC, $18k to $19k, and $16k. Also, we have a resistance of $25k which is crucial for BTC to break above to continue a higher rally. Conclusion: BTC must break out above the $25k resistance in order to continue this uptrend. We might see some corrections in between and I will consider it to accumulate more BTC and other major altcoins. BTC has done it before and BTC will do it again so keep believing and keep improving.
COINBASE:BTCUSDLong
by Dexter_The_Trader
8
Bitcoin Multi-Timeframe Analysis 28.01.Hello Traders, welcome to this free and educational technical analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
by basictradingtv
32
BTCPERP NEAR FUTURE ANALYSIS (4H Chart)Technical Analysis Summary BTC/USDT TREND ANALYSIS We have 1 Downtrend in red color (Short Term). Be careful trends need to be modified when broken to the new peaks (Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). White levels Levels are very tight stop losses that could be used in high leverage future trading. Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment If you find this content beneficial please don't forget to LIKE and FOLLOW Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
BINANCE:BTCUSD.P
by husseindergham
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.
BITSTAMP:BTCUSD
by Dexter_The_Trader
2
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.
BITSTAMP:BTCUSDLong
by Dexter_The_Trader
10
BTC Price Analysis SHORT !! ??Hello to all traders out there! Here's a BTC in a short situation in my personal opinion. So we NEEED to hold the 20000 LV L or else we will go back and retest the 19632 LVL. If we end up breaking that support we might head on down to test the 19126 LVL. If that breaks.. we will go down and test the 18795 LVL. Happy trading to all :) leave a comment or like, please! I'd love to hear what you think of my ideas! :) Have an amazing day all!
Short
by owenNations
BITCOIN: IN NEED OF CORRECTION. BTC update: BTC has broken above the falling wedge pattern in a 1-day timeframe. Currently, it is facing resistance at $21.5k and according to analysis, BTC must retest to continue a healthy rally. The RSI is at the oversold area, indicating a correction to be coming soon. Remember! There’s no need to panic if we see a rejection on BTC anytime soon. I expect a rejection close to $18k and then a strong rally breaking the $21.5k resistance. Thank you for reading. Trade safely.
BITSTAMP:BTCUSD
by Dexter_The_Trader
2
BITCOIN SURPASS THE RESISTANCE.Hello traders, here's a quick update on BTC in 8 hours timeframe. BTC surpassed the resistance trendline in this 8-hour TF. This recent rally fulfilled our initial target of $19k. The breakout above the resistance trendline looks pretty good but we can't avoid the RSI level. The RSI is highly overbought and anytime soon it may drop. Things look pretty interesting but better be careful cause in the higher timeframe if BTC doesn't break above $19k then we may witness one last drop in BTC and then the actual rally. What is your opinion on the recent BTC rally? Let me know in the comments below. Thank you for reading. Trade safely.
BITSTAMP:BTCUSD
by Dexter_The_Trader
1
BITCOIN WEEKLY UPDATE: BULL RUN IS AROUND THE CORNERGreetings, traders. It has been a good new year start with BTC moving up and good gains in the altcoins lately. Note: This is an important update so do read it till the very end. It will be much better if can spare your valuable time to read this update. Today, I want to share with you all a thorough analysis of bitcoin and where the price is going to head next. Highlight: It has been a long 420 days of a bear market ever since BTC hit the new all time high. Things have been pretty rough but that's part of the game. In a shorter timeframe, BTC has broken above the $17k resistance line which is good for the market. Weekly Analysis: In the weekly timeframe, BTC is resting under the support and resistance horizontal line. These two lines are going to be crucial for BTC and the entire market. The resistance is based on 2017 all time high and the support line is based on the 2019 high. Now, the supporting trendline (in white) shows how BTC has maintained it and BTC actually started rallying right after it hit the lower trendline. The resistance trendline shows the next bull run target for BTC which is beyond the $100k target. The RSI is at the oversold range which shows a positive indication of a massive rally coming soon. Bull Run: I believe the bull run is around the corner but before we see a rally, we may witness one last drop. From the current price, BTC can reach up to $18k to $19k, and then it may take drop back to $15k or below it. With such bullish hype in the market, things look skeptical and it could head in any direction. But one thing is clear if BTC has to drop then the support level will be between $13.9k and $14k, and if BTC has to rally then it must surpass the resistance of $19.9k to $20k. Key points: 1. Support level: $13.9k or $14k. 2. Resistance level: $19.9k to $20k. 3. Entire social showing bullish news (which could be a trap). 4. RSI indicates a bullish rally. I hope this update was helpful. Do like, share, and comment to show support for our community. Thank you so much and trade safely.
COINBASE:BTCUSDLong
by Dexter_The_Trader
9
Bitcoin Analysis 09.01.2023Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
by basictradingtv
21
BITCOIN: $18K POSSIBLE.Hello guys, welcome to this BTC update in 6 hours timeframe. For the last couple of weeks, BTC has remained less volatile and has moved sideways with 3%-4% of ups & downs. Currently, BTC is in the blue box area and it is an important one because if we see a breakout above the blue zone then $18k is expected. For support, we already have the lower support line at $16.6k. So, BTC has been hovering in this price range for quite some time, and looks like we have reached a point where a breakthrough is a must. Key points: 1. Expected target: $18k. 2. Invalidation point: Close below $16.6k. 3. Confirmation: Breakout above the blue box. Thank you for reading. Stay healthy and trade safely.
BITSTAMP:BTCUSDLong
by Dexter_The_Trader
6
There is an analysis of the BTCUSD H1 chartIn our analysis, we found a number of data points. There has been a 64% drop in bitcoin prices over the year, and 75% since November 2021 when prices reached all-time highs of $69,000. It has been noted that the price has been forming a triangle with symmetry since last month during the consolidation period. Additionally, there have been multiple pullbacks and bounces that have tested Trigale's trendline over and over again. A triangle can be broken on any side, either downwards or upwards, according to the theory, and the price can appear anywhere. There is a target at 16714.82 & 16565.5 if the price breaks down this trendline. However, if the price moves above the upside trend line, a target area at 17062.44 is the target if the price breaks down the site trend line. With this analysis, you will be able to find your most profitable trade. EnclaveFX does not recommend that you buy or sell this assist. We do not take any responsibility for your profits & losses. EnclaveFX believes in enhancing the knowledge of our clients & followers.
COINBASE:BTCUSD
by Enclave_fx
#BTCUSDT - Thoughts out loud plus technical side. #BTCUSDT #BTC #USDT. Good afternoon! The idea of the possible development of the situation on Bitcoin and the direction of the cryptocurrency market in general. For this period of time, the price continues to decline and there are no purchases by professional market participants on the chart. If the buyers do not keep the price in the range of 15555 - 17777, we can expect further price decline, prospective prices The chart shows possible scenarios:1.2. A.B.C. - Price levels from which we can see the resumption of acquisitions. Against the background of the technical picture, the news background begins to slowly fill the information that one of the largest mining companies in the United States, Core Scientific, has filed for bankruptcy after the fall in cryptocurrency prices and rising energy prices. Core Scientific mines reliable cryptocurrencies such as bitcoin. The process involves connecting data centers across the country equipped with highly specialized computers that process mathematical equations to verify transactions and simultaneously create new tokens. This process requires the use of expensive equipment, some technical know-how and a lot of electricity. Core's market capitalization fell to $78 million as of the end of trading on Tuesday, down from a valuation of $4.3 billion in July 2021. Over the past year, the stock has fallen by more than 98%. According to a source familiar with the situation in the company, the company is still generating positive cash flow, but this money is not enough to repay the financial debt for the equipment it leased. The person added that the company will not be liquidated but will continue to operate as usual, reaching an agreement with senior securities holders who hold the bulk of the company's debt. The company said in October that holders of its common stock could experience a "total loss of their investment" but that this may not happen if the industry recovers. The company also said it would not pay debts in late October and early November and said creditors could sue the company for non-payment. At Core, which primarily mints bitcoins, the token price has fallen from an all-time high of over $69,000 in November 2021 to around $16,800. This loss of value, coupled with increased competition among miners and rising energy prices, has resulted in shrinking profits. This is the first time in the history of the crypto industry that more than 25% of the total amount of bitcoins mined in 2022 falls on this company.
by WVitalievich