BTC vs SPX500: Bitcoin acts more reasonably than S&P 500 nowWasn't thinking I'll ever say something like "Bitcoin acts more cautiously than the stocks".
Yes, I'm talking about the bloody BTC who is terribly known as an extremely volatile and overinflated bubble without any real value.
As we see on the chart during last two weeks, SPX was growing much more rapidly than BTC.
Is there any reasonable excuse for that grow?
Of course, the answer is "NO".
It looks like classic stock markets are overestimating the "positive" messages coming from the states executives regarding the current economy situation.
I'm afraid that very soon we will see the punishment for that blindly-optimistic behavior.
And will use this moment as a good chance and the opportunity.
"Buy when there’s blood in the streets, even if the blood is your own" as Nathan Rothschild probably said.
Xbt
Bitcoin | Make it or Break it..!!
#BTC (Update)
In Daily timeframe Chart, Bitcoin Bulls are Struggling to Clear the Trendline Resistance (24.4k)
Bulls Need to Reclaim the Resistance to Confirm the Wedge Breakout & In Case of Rejection, #Bitcoin Might Retest the 20.8k Support.
A Breakout and close above the 24.4k will open the Doors for a Rally to 40k 🚀
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
BTC: Bounce down to 82H EMA support short-termBTC: Bounce down to 82H EMA support short-term
On July 27th the venerable executives of the US government have convinced everyone that they see no recession in the economy.
And the markets have believed that quite blindly.
Bitcoin (BTCUSD) as well as many indices were rapidly growing since that moment.
However, we were ready for some correction.
Today, we have caught small decrease from 23900 to 23600 USD.
Probably, later today we will see further lowering from 23800-23900 to 23100-23200 USD area.
Let's keep watching...
Lower timeframe (1H):
Bitcoin $37,000 Target (80% on 10X = 800% Potential)Pretty simple and straight forward...
How are you feeling today?
Who are the winners?
The winners are those who never quit;
The winners are those who persist;
The winners are those who can learn from mistakes;
The winners are those who keep trying even after really bad days!
We see Bitcoin growing by around 80% on the next bullish wave.
We base this prediction on data coming from hundreds of Altcoins charts, multiple indexes both in crypto and tradfi, market cycles, fundamentals & more.
We don't do leverage...
I mean, we do not recommend leverage trading for beginners but we know it is a tool that can be used for profits if one has the right mindset and lifestyle.
You need to be in a stable position in your life to be able to use this tool successfully.
Only after you have been trading profitably for 2-3 years, spot, you can try lev.
We go with 10X because the best time to go big on a LONG, is when we reach bottom not at the top.
You can see the MA200 analysis with the $37,000 BTCUSD target on the chart.
Thank you again for reading.
I am always grateful.
Namaste.
If breakout fails -- more sidewaysThe charts are the result of a brute-force search for similar PA patterns over different timeframes in all of Bitcoin's price history.
Use your human intuition to judge which of these scenarios looks the most harmonious.
Some traders are able to stare at a blank chart for hours until they get a hunch, but I am not one of them.
To synthesize something completely new out of thin air is very difficult, but it is easier to judge if you are given some options.
Bitcoin Bearish And Stop Loss Also Founded and Bullish only if #bitcoin Technical Analysis Chart:-
#BTC currently trading around $21000
Which was break down $21600 Support level as I warned in Previous Post.
I already Opened Short when #BTC was Break $21600 Level.
Now I am expecting $BTC may test $19,000 Level again.
And New Low also will Depend on $19,000 Level.
So My Short Stop Loss is $22,700
So Now Bullish mode will activate only If $Bitcoin break $24,000 Level.
Otherwise we are on still bearish.
You know what is Best Advantage of Bear Market.?
Every Billionaires and Millionaires Rich because they bought in Bear Market not In Bull Market.
Hope You Understand.
Support:- $19,000/$17600
Resistance:- $22600/$24100b
BTC: Rising back to 82H EMA short-termNew week, new analysis, new idea.
This weekend Bitcoin (BTCUSD) has broken under the 82H EMA.
Then retested it and went further down.
Today/tomorrow we could expect another touch of 82H EMA with price rise from 21900 to 22400 USD.
Short-term trade decision is LONG.
Here is the lower timeframe image
Bitcoin Next Move Toward $28300 or $20,000 ..?#BTCUSDT Technical Analysis Chart:-
$BTC currently trading at $21900 Level.
And also Trading at strong support level or Retest level.
Strong Support = $21600 ( Retest )
So What Next…?
After Breakout #BTC testing Retest level at $21600 Level.
So If hold this Level $21600 then We can see $28300 Level.
Very Important Point = 200 Days Moving average which is around $24000 Level.
And Resistance TrendLine Also Acting Resistance.
So I Opened Long Position around $21600 level and Watching this level.
If hold Then BTC May test $28300 Level.
But Keep in mind Another scenario also..?
If Break down $21600 Level then High Priority to touch $20,000 Level.
Super Bearish Below $20,000 Level.
So Never open any trade blindly.
Support:- $21600/$20,000
Resistance:- $24,100/$28300/$31500
Bitcoin New Important Technical Analysis Update#Bitcoin New TA Update:-
$BTC currently trading around $22300
And This is Support zone.
Keep an eye on $21600 support level.
If Hold this support then we can see $28400 and $32000
So Most Important level is $21600
If $21600 Support break down then We can see again $19000 level.
Retest Level = $21600
Support:- $19000
Resistance:- $28400/$32300
BTC: will the 82H EMA support hold?Since July 14th Bitcoin (BTCUSD) is gradually crawling up using the 82H EMA as a main support.
Today price has touched this support for the third time and made a small bounce up.
Every previous touch followed by the upward impulse.
This time we also could consider similar price action as a very probable scenario.
Of course breaking this support will invalidate the above scenario.
Keep an eye on this to take a reasonable trade decision.
📈Bitcoin (BTC) Jul-22 #BTC $BTCBTC has now broken through the 1-Day MA50 and is being supported by the Ichimoku cloud so BTC's uptrend has been the main trend since mid-June.
The buying and selling force is continuously appearing at the zone of 23000-24000$ and there is no final result yet.
What we need to note is that BTC has officially broken through the $21000-22000 zone and this has become BTC's support zone and BTC accumulation here is possible and will stop loss if BTC breaks through this zone and keep falling.
However, it is highly likely that after losing the uptrend BTC, it will not fall immediately, but will move sideways for a while to end the uptrend of Altcoins before plummeting the whole market to the range of 15000-16000$. This is a bad case for BTC.
Currently BTC is still in an uptrend and the 2 resistance areas we need to pay attention to are the $25,000 and $28000-29000 zone.
Bitcoin CME GAP Chart (Which Gap Filled First $18460 or $35180)?#Bitcoin CME GAP Chart:-
$Bitcoin Currently trading at $29600
As per Market sentiment Bitcoin is Bearish in LTF and HTF.
As per Data max probably all CME Gap filled.
So now in BTC Chart:-
December 2020 to Till now total 6 Gap in Daily Chart.
CME GAP 1 = $18460 unfulfilled
CME GAP 2 = $23795 unfulfilled
CME GAP 3 = $60165 filled ✅
CME GAP 4 = $48370 filled ✅
CME GAP 5 = $32930 filled ✅
CME GAP 6 = $35180 Unfilled
So Now Three CME GAP still Unfilled so Which Gap filled first..?
CME GAP 6 = $35180
Or
CME GAP 2 & GAP 1= $23795 & $18460
Now Bearish Pennant in Daily Time frame so I am expecting Below GAP filled first but another High time frame LL-LH Pattern is forming so Expecting Upward side GAP also filled first.
So I will solve Your Problem.. :-
If Bitcoin Daily Candle close above $30500 then Upward side GAP ( $35180 ) will filled first
But If Daily candle close below $28500 then Downside GAP ( $23795 & $18460 ) filled First.
Hope you Understand and Learned from My chart.
So Please don’t forget to Like and Share.
Bitcoin CME GAP Chart ( My $23795 & $18740 GAP Filled )#Bitcoin CME GAP Chart:-
$Bitcoin Currently trading at $22,000
As per Market sentiment Bitcoin is Bullish in Lower Time Frame.
And Two CME GAP $23795 & $18460 GAP filled after My Chart Post.
As per Data max probably all CME Gap filled.
So now in BTC Chart:-
December 2020 to Till now total 10 Gap in Daily Chart .
CME GAP 1 = $18460 filled ✅
CME GAP 2 = $23795 filled ✅
CME GAP 3 = $60165 filled ✅
CME GAP 4 = $48370 filled ✅
CME GAP 5 = $32930 filled ✅
CME GAP 6 = $35180 Unfilled ❌
CME GAP 7 = $11205 Unfilled ❌
CME GAP 8 = $9665 Unfilled ❌
New CME GAP = $28740 & $35180
Imo this Time $28740 GAP will filled First.
So Now Three CME GAP still Unfilled so Which Gap filled first..?
CME GAP 6 = $35180
Or
CME GAP 7 & GAP 8= $11205 & $9665
Hope you Understand and Learned from My chart.
So Please don’t forget to Like and Share.
Bitcoin 8% Up from Our Entry Zone still 50% Potential upward#Bitcoin Profit Update:-
$BTC currently trading at $21000 and 8% Up ( Spot ) from Our entry.
My Long Position 36% Profit with 5x Leverage.
Breakout + Retest = Done ✅
Targets:- $22000/$28,000/$31500
Stop Loss:- 19,000 ( -2% Below our entry )
Hope you are Happy with My Analysis.
Keep Supporting.. ❤️❤️❤️
Bitcoin HashrateI paid attention to the Bitcoin Network Hashrate.
It seems that the fall has not even passed into the active phase.
Industrial private miners are still hoping for price recovery and do not turn off their equipment.
People bought many ASIC miners for tons of credit money.
BTC Hashrate = -27% after the shutdown of miners in Texas.
Best regards EXCAVO
Bitcoin | Accumulation Phase & Broadening Wedge..!!
#BTC (Update)
Bitcoin is forming Descending Broadening Wedge in Daily timeframe.
Majority of Traders/Influencers are Talking about 10k-12k-14k But imo, Bitcoin will Remain 18-22k S/R Range for Next Few Weeks & Broke the Broadening Wedge in Mid August & hit the 38-40k Key Resistance in Late August/Early September So Keep Accumulating the #Bitcoin 👊
What'a About #Altcoins Sir??
Altcoins Look Good & Ready to Fly 🔥🚀
If #Bitcoin Remains CALM Between 18-22k Range for 3-4 Weeks, We Could See Altcoins 30-40% Rally..
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
WORST SCENARIO FOR BITCOIN IN 2022-2023This is my worst scenario for BTC, I think is probably but first we have to go around 30k for BITCOIN.
Let me explain you easily, we are in a bear market all this year, Bitcoin price has a downtrend and it could go up only if really breaks levels showed in the chart.
Indicators aren't good in daily candles, overbuy in Bollinger Bands and Divergence in MACD says we could go down sooner than go up.
In my opinion, we will visit 20k before go around 24-25k, then $BTC will accumulate around those levels and hit 30k before go down again to 20k and lower... 14-12k its possible.
Let's see what happen... 16-19k very possible this year 2022 for bitcoin and only 12-14k will be the bottom in my opinion in 2023!!!
GOOD LUCK YOU ALL BITCOINERS!!! I WILL BE BUYING AND HODLING, NEVER SELLING BITCOIN!!!!