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Btcusdlong

BTC/USD Weekly chart#BTC - weekly chart shows that the current sentiment is bullish, meaning that the value of BTC is expected to increase. There is a trend line forming that indicates a potential rejection, but there are also resistance levels at the same intersection point. If we look at the past history of the chart, we can see that it has certain patterns that repeat. However, it is important to keep in mind that this is just a probability and not a certainty . In the coming weeks, I expect to see a strong pull-back. In the short-term, we are still bullish as long as the opposite isn't shown. For investors, this is a good opportunity to balance their portfolios. It's important to stay safe and not to make hasty decisions out of fear of missing out (FOMO) Take care guys!
COINBASE:BTCUSDLong
by RomKriss
#BTC is up 30% in 14 Days. What's Next?Bitcoin is up 30% in the first 2 weeks of 2023. This is a fantastic development in price. Everyone who doubted my analysis is silent now. When BTC wants to break No resistance can stop it. Feels like May 2020. Keep in mind Risk Management is necessary atm. Stay in BTC, Scalp Alts. This is my plan. The following Resistance levels to watch are $21300 and $22800 and $24300. With a little correction, I am expecting these levels to be taken out in a few weeks or maybe days. I have posted hundreds of updates on other social platforms indicating the best time to buy is around $16k. I am still holding the BTC Long and I feel, The trend is changing no matter what they say. Although the real Bull Market will begin in 2024, BTC can reach $30k from here. Let me know what you think, and do hit the Boost Button to support my content! Stay safe #PEACE
Long
by Cryptorphic
9
BTC Bullish Pennant on 2Hr TFPresently BTC is forming a bullish pennant chart pattern on 2hours time frame. If BTC is able to break out of the pennant, it has a major resistance level to break at the yellow level. If that is broken, we can then resume the uptrend, else the price would crash down. The major indicator to watch again this week is the #DXY which i guess may have a temporary pullback once the FX market opens on monday, this mat cause a reversal for the general market in a short time
BITSTAMP:BTCUSDLong
by Popeson
Bitcoin- New leg up- probable, FOMO- not advisableBitcoin reversed around 30% from November's low with more than 20% made this year, and I already see a lot of people calling for a bottom. Indeed, this is a strong reversal, but calling for a bottom is a little early and, in my opinion, the economy is not out of the woods, by far. Nevertheless, in short term, I'm strongly bullish and I expect a new leg up. Yesterday, Bitcoin had an intraday correction and this could be it and a break above 21 could again accelerate gains to 23k. However, from a speculator's point of view, a buy here is not making sense from a risk perspective In conclusion, dips under 20k should be considered good buying opportunities, with a stop loss under 18k and a take profit around 23k
BITSTAMP:BTCUSDLong
by Mihai_Iacob
18
BTCUSD: A Breakout Finally! Will the Support Hold? | Jan. 13It looks like the bulls have finally managed to take control after a long sideways battle. In our previous analysis posted on CoinMarketCap Alexandria, we expected the price to rally to $18,600 upon flipping the resistance at $17,700. The price rallied to $18,800 this week and broke the $18,800 mark for the first time after November. In the 4-hour chart, we can see a clear breakout from the supply zone at $18,800 on Friday. It is crucial for the price to sustain over the supply zone for a continuation of the rally. We may see a minor pullback, as the RSI is pointing towards an overbought state at the time of writing. If the supply zone is sustained, expect a strong move to the next resistance at $19,750. However, if the resistance at $18,800 fails to hold, the price could tumble back down to $17,700. Traders should wait for a retest before taking a long position, to be on the safe side. The major points of interest are $18,800 and $19,750.
by CoinMarketCap