BTCUSD - Bottom is nearHi all, analyzing the monthly/weekly chart we can see that we are approaching a very important support around 13.900 - 14.000, furthermore a divergence on the RSI (weekly chart) is forming at the same time. We honestly aren't in a bad time to start buying, although I think we will see a bounce off 14k before the price can start moving higher.
Thanks for watching!
Btcusdlong
Master Plan BTC Road TO 2023 when react 43.625$ Again?I have opinion this oppourtunity from this now
and DYOR !!!
after crash from 69K the structur wave 5 is completed this area 15.470$ . and wave corective ABC retesting area resistance main target 43.600-43.700$ in October 2023 and you can sold all your asset. this is biggest fake out .
if you have any opinion pls coment Thankyou all.
BTC All Time High February 2012 - Why NO Double TopWhy i dont see BTC to Crash soon
Some of the Traders see a BTC double Top which would lead to a blow off and Crash.
So lets try to disprove this view:
- Chart Formation: I can find this type of Pattern only in Uptrends. Some think it is a double top but in fact its an ascending consolidation of which the 2nd top is higher.
- BTC Price overheated: In fact it is a little bit. But sideway untill february would be enough to countinue.
- Support: It looks like previous (2017/18) ATH is support now.
- Institutional Money inflow: Institutions invest with a larger Timeframe - they will not sell off 6mt after buy. Like Micro Strategy bought at 19k - dont think they buy the top
- Inflation: Inflation not kicks in yet because the Money flows into Wall Street. After Shares get unprofitable it will flow to BTC
- Maturity: We are in 2020 ant the market has grown up. Adoption kicks in while crisis also does.
BTCUSD Forecast: Swing Trade Set UpHey trader,
As you can see the price is currently bullish running above the head and shoulder patterns accumulation phase resistant, and above the 50 and bullish crossed short-term MAs.
It is preparing to rally for the patterns 3-level trend that will likely end on the 200 MA (that's visible on the MT4 chart). This bias has been confirmed by the bullish break and retest of the 2nd 4H Key Lvl together with the 50 and bullish crossed short-term MAs. However, this signal will be rejected once the price has bearishly broken and retested the 1st 4H Key Lvl together with the 50 and 21 MAs.
With that in mind, take the trade at your own risk. This is not financial advice. I'm just sharing my point of view, which you also can do in the comments section below. I'd love to know your thoughts!
That's it for today. I hope you found value in this article. If you want to see more hit the like and follow buttons, then check the linked articles below.
Trade Safe,
Sphatrades.
Btc chart With a great title called "Don't panic"ThAt first, this analysis is personal, and accordingly, I implement it in my personal portfolio, and any modification or correction I will immediately modify the idea in Trading View
Bitcoin achieved a triple top as shown in the chart in front of you and it is repeating the same scenario currently. I hope it does so
Based on the analysis, Bitcoin will currently fluctuate in the range shown, and then it will rise to the third peak to repeat the same scenario, and it will be the third peak as shown in the chart
Conditions for this to be achieved, I break the trend shown in the chart and the volatility above, and the second condition is that I break the 60K resistance and continue above it for a maximum period of two days’ candle closing to confirm that this resistance is swallowed up and then go to achieve its third peak. The medium and above average range is based on the science of analysis and not a point of view
Please watch this analysis carefully as it is your last saviour
BTCUSDT - SP + Test to the local maximum.Greetings to all, today's idea to go long from the lower boundary of the range after the signal SP + Test. After a spill and penetration of the previous support level, we see a narrowing of the spread and a gradual stop of the movement at the lower range, where support was formed. We can look for long entry points from the local minimums.
If you liked the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your
your friends.
BTC Short and Long idea ..A quick capitulation wick to 13700$ range..and a quick recovery and a massive pump to 28000$
Why 13700?
weekly 400 MA
Falling wedge support
The max best we can get is weekly 400 MA higher close which is around 14700 and doing the same scenario.
I am expecting btc capitulation this week or the next.
Which means before the monthly close.
And 28k will come so fast in December....xmas rally
I have seen a lot of similar patterns like this...
This is not a financial advice.
DYOR
$BTC BitcoinWhat Is Bitcoin (BTC)?
Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.
Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”
Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.
Who Are the Founders of Bitcoin?
Bitcoin’s original inventor is known under a pseudonym, Satoshi Nakamoto. As of 2021, the true identity of the person — or organization — that is behind the alias remains unknown.
On October 31, 2008, Nakamoto published Bitcoin’s whitepaper, which described in detail how a peer-to-peer, online currency could be implemented. They proposed to use a decentralized ledger of transactions packaged in batches (called “blocks”) and secured by cryptographic algorithms — the whole system would later be dubbed “blockchain.”
Just two months later, on January 3, 2009, Nakamoto mined the first block on the Bitcoin network, known as the genesis block, thus launching the world’s first cryptocurrency. Bitcoin price was $0 when first introduced, and most Bitcoins were obtained via mining, which only required moderately powerful devices (e.g. PCs) and mining software. The first known Bitcoin commercial transaction occurred on May 22, 2010, when programmer Laszlo Hanyecz traded 10,000 Bitcoins for two pizzas. At Bitcoin price today in mid-September 2021, those pizzas would be worth an astonishing $478 million. This event is now known as “Bitcoin Pizza Day.” In July 2010, Bitcoin first started trading, with the Bitcoin price ranging from $0.0008 to $0.08 at that time.
However, while Nakamoto was the original inventor of Bitcoin, as well as the author of its very first implementation, he handed the network alert key and control of the code repository to Gavin Andresen, who later became lead developer at the Bitcoin Foundation. Over the years a large number of people have contributed to improving the cryptocurrency’s software by patching vulnerabilities and adding new features.
Bitcoin’s source code repository on GitHub lists more than 750 contributors, with some of the key ones being Wladimir J. van der Laan, Marco Falke, Pieter Wuille, Gavin Andresen, Jonas Schnelli and others.
What Makes Bitcoin Unique?
Bitcoin’s most unique advantage comes from the fact that it was the very first cryptocurrency to appear on the market.
It has managed to create a global community and give birth to an entirely new industry of millions of enthusiasts who create, invest in, trade and use Bitcoin and other cryptocurrencies in their everyday lives. The emergence of the first cryptocurrency has created a conceptual and technological basis that subsequently inspired the development of thousands of competing projects.
The entire cryptocurrency market — now worth more than $2 trillion — is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies.
Thanks to its pioneering nature, BTC remains at the top of this energetic market after over a decade of existence. Even after Bitcoin has lost its undisputed dominance, it remains the largest cryptocurrency, with a market capitalization that surpassed the $1 trillion mark in 2021, after Bitcoin price hit an all-time high of $64,863.10 on April 14, 2021. This is owing in large part to growing institutional interest in Bitcoin, and the ubiquitousness of platforms that provide use-cases for BTC: wallets, exchanges, payment services, online games and more.
$BTC BitcoinWhat Is Bitcoin (BTC)?
Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.
Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”
Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.
Who Are the Founders of Bitcoin?
Bitcoin’s original inventor is known under a pseudonym, Satoshi Nakamoto. As of 2021, the true identity of the person — or organization — that is behind the alias remains unknown.
On October 31, 2008, Nakamoto published Bitcoin’s whitepaper, which described in detail how a peer-to-peer, online currency could be implemented. They proposed to use a decentralized ledger of transactions packaged in batches (called “blocks”) and secured by cryptographic algorithms — the whole system would later be dubbed “blockchain.”
Just two months later, on January 3, 2009, Nakamoto mined the first block on the Bitcoin network, known as the genesis block, thus launching the world’s first cryptocurrency. Bitcoin price was $0 when first introduced, and most Bitcoins were obtained via mining, which only required moderately powerful devices (e.g. PCs) and mining software. The first known Bitcoin commercial transaction occurred on May 22, 2010, when programmer Laszlo Hanyecz traded 10,000 Bitcoins for two pizzas. At Bitcoin price today in mid-September 2021, those pizzas would be worth an astonishing $478 million. This event is now known as “Bitcoin Pizza Day.” In July 2010, Bitcoin first started trading, with the Bitcoin price ranging from $0.0008 to $0.08 at that time.
However, while Nakamoto was the original inventor of Bitcoin, as well as the author of its very first implementation, he handed the network alert key and control of the code repository to Gavin Andresen, who later became lead developer at the Bitcoin Foundation. Over the years a large number of people have contributed to improving the cryptocurrency’s software by patching vulnerabilities and adding new features.
Bitcoin’s source code repository on GitHub lists more than 750 contributors, with some of the key ones being Wladimir J. van der Laan, Marco Falke, Pieter Wuille, Gavin Andresen, Jonas Schnelli and others.
What Makes Bitcoin Unique?
Bitcoin’s most unique advantage comes from the fact that it was the very first cryptocurrency to appear on the market.
It has managed to create a global community and give birth to an entirely new industry of millions of enthusiasts who create, invest in, trade and use Bitcoin and other cryptocurrencies in their everyday lives. The emergence of the first cryptocurrency has created a conceptual and technological basis that subsequently inspired the development of thousands of competing projects.
The entire cryptocurrency market — now worth more than $2 trillion — is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies.
Thanks to its pioneering nature, BTC remains at the top of this energetic market after over a decade of existence. Even after Bitcoin has lost its undisputed dominance, it remains the largest cryptocurrency, with a market capitalization that surpassed the $1 trillion mark in 2021, after Bitcoin price hit an all-time high of $64,863.10 on April 14, 2021. This is owing in large part to growing institutional interest in Bitcoin, and the ubiquitousness of platforms that provide use-cases for BTC: wallets, exchanges, payment services, online games and more.