Xbt
BTC in a diagonal?The current trend of BTC is very weird. What was once a possible wave 2 pullback is now invalidated and where is we going now?
The structure of Wave C to me looks weird to be a regular impulse and could be a potential diagonal. If this is the case, the final target of w5 of diagonal matches nicely with the 50% retracement of the last major impulse to the downside before this ABC correction.
Just an idea and we must see an overlap of w1 and w4 before we consider this as a promising alternative & subwaves matches the bigger structure
Bitcoin Next Move Toward $31500 ..?#Bitcoin Short Update:-
$BTC currently trading at $21950
Currently trading around 200 Days EMA Resistance.
If Break $22,000 Price level then we can see easily $31500 Level. Which is High Resistance level.
Breakout = $20700 ✅
Retest = $20,000 Pending
200 Days EMA Resistance:- $22700
HTF Resistance = $31500
Support = $20,000
Personally, I am expecting Bitcoin Next Move Toward $31500
What’s About You..?
Bitcoin Exclusive Long Term Update #Bitcoin Technical Analysis:-
$BTC currently trading around $20,000
And Trading above 2017 All Time High.
So Keep an eye on this Level because If Hold This level then we can see $29000 ( Upward Resistance Level )
Most Important Level for Trade:-
1)- If BTC Break $21000 upward then we can see $29,000 Level.
2)- But Currently $19,000 is good Support if Break this Level then ready to buy around $12,000-15,000
Previous Head & Shoulder Pattern Target ( -45% ) has been successfully Achieved.
My Strategy:- Buy at Every dip and sell around $200k in Year 2025
If The People Will Not Buy Bitcoin, Who Will?It is a failed argument to say that people will not buy Bitcoin.
It fails because that is not the way the system works.
Cryptocurrency opponents can say that people are not going to buy Bitcoin because of the hard times, because the markets are crashing, because of war, problems with the international supply chain of different products as well as general sociopolitical instability brewing all around us.
So, the detractors would say, people will not buy Bitcoin, it will continue to drop forever because there is no money from the populace to buy and pump Bitcoin up.
It is a failed argument because the people doesn't necessarily decide Bitcoin's price.
"The people" is obviously an important factor but only one of hundreds of variables that are always affecting the market.
The movement starts with the ultra-smart money, in this case the top market insiders.
The exchanges, the miners, the big corporations, developers and project owners; these are the initial buyers.
Large players, whales, countries, institutions and the likes follow...
Bitcoin is going up now but this phase can still take years.
After years, Bitcoin goes back to its previous all-time high (say around mid/late 2024), and that is when the people will start to pay attention once again to Bitcoin and start buying up.
We say Bitcoin will go up very soon...
It is normal to go from the worst ever to good, it is the only way possible that it works.
The market only recovers after it hits bottom.
Always when at the bottom, it is the worst.
It doesn't matter what the current market sentiment is...
It doesn't matter what the news are saying or what one believes is happening or what is going on.
BITCOIN WILL RECOVER!
It will take a while...
But it will grow for years to come.
Namaste.
Smashing DeathWe can all sit here and argue about when it's going to happen , just follow the trend.. Don't try to catch knives it's not the time with all the crap going on in the world , macro lens is very Bearish even if it's oversold in shorter timeframes. Don't lose the bigger picture, the bottom is not in what you do from there is your choice; you either try to short bounces or you try to buy lows.
Eitherway we are going down , be prepared and don't neglect the trend until reversal is confirmed or you feel like gambling.
Inverse Short Time Frame Chart.
Bitcoin 10X | Triple Up! (Full Trade | 366% Potential)Bitcoin continue holding strong near resistance.
We continue bullish with a higher low.
We are active with 10X leverage.
Remember leverage trading is ultra-high risk.
For experts only.
One can get liquidated.
This is not financial advice.
If you can't take a loss, you can't trade.
Some we win...
Others we lose.
That's the game.
Feel free to hit like for more.
Full numbers below...
---
LONG XBTUSD
Leverage: 10X
Buy-in: $20,222 - 21,100
Targets:
1) $24,100
2) $26,000
3) $27,400
4) $29,320
Stop-loss: Close daily below $20,000
Liq. price: $19,243.5
Potential profits: 366%
Capital allocation: 8%
---
Namaste.
$BTC/USD 1M (#Index) Ascending trendine on supportBitcoin is pulling back to 50MA (monthly) where a bounce would make sense like it happened in 2018 and 2015 as well!
RSI looks very bottomed (new ATL) and this seems enough to buy Low in order to sell High later this year, or at the beginning of the next one.
But first comes the boring part for 5-6 months of ranging and choppy moves, better be very patient..
Current Price= 22006.84
Buy Entry= 22000 - 18881
Take Profit= 52825
Expected Profit= +158%
Fib. Retracement= 0.786
Margin Leverage= 1x
Estimated Gain-time= 9 months
Tags: #BTC #BTCUSD #XBT #WBTC #BTCB #Blockchain #PoW #Mining #Satoshi
Website: bitcoin.org
Contracts:
#Mainnet
#ERC20 0x2260fac5e5542a773aa44fbcfedf7c193bc2c599
#BEP20 0x7130d2a12b9bcbfae4f2634d864a1ee1ce3ead9c
#BEP2 BTCB-1DE
What happens when Bitcoin price moves below 200 EMA ?A historical data of the Bitcoin with EMA 200 shows that whenever Bitcoin moved below 200 EMA, it always bounced back to Higher High.
We can expect the same bounce back in this case. This is an excellent opportunity for the people to buy more Bitcoin and HODL for long term.
As per the chart we can expect BTC to move sideways for few more weeks and after that, it's gonna a Green Candles back to back.
Let's wait and watch.
Cheers
GreenCrypto.
Easy 100% (10% On 10X) Jump on Bitcoin (XBT)Long the XBT with low risk on the chart setup above.
This is not financial advice.
We can see an easy 10% short-term on the next jump.
( 10% with 10X leverage on the XBTUSD pair ).
This will be equivalent to testing EMA50 as support on this timeframe.
Stay tuned for the weekly timeframe analysis being shared later today.
We will look at the bottom, the recovery and more...
Is the bototm in for Bitcoin?
See below todays article...
Thanks a lot for your continued support.
Namaste.
XBT 24K Next (10X Lev.)We are going straight to 24K, or so it seems.
$21,688 or EMA50 will be the first resistance, challenged in a few hours and then 24K.
It is likely to speed up by the end of the week.
We are fully prepared, we had plenty of red, is good to see change.
When we consider yesterday's trade signal we are green profits.
We've been buying around $20,000 for a few days now... Time to see the results.
Remember to always plan before trading.
Leveraged trading is high risk and for experts only.
None of this is financial advice.
I hope you find it useful for your trading and collect tons of profits and always improve more and more.
I hope the market recovers strong and we all continue to grow...
Sorry, too much...
Thanks a lot for the support.
Namaste.
All the times Bitcoin had such massive weekly volume
1. First 2013 peak. Next week closed green. Market went sideways for months in a huge range.
2. Second 2013 peak. Next week closed green. That was near the top. A few weeks later 2 major red candles followed and the market went sideways for a bit before going lower.
3. 2014 bear market rally. Next week closed red. Big move down followed.
4. 2015 bottom. Next week closed green. Market went sideways for a very long time.
5. 2015 breakout peak. Next week closed red. Market went sideways for a very long time.
6. 2016 halving rally peak. Next week closed green. Market went sideways for a while.
7. The 2017 peak. Next week closed green. Market chopped from 11k up to 20k for 6 weeks before going lower.
8. 6k bottom in 2018 after a 70% drop. Next week closed green. Market bounced by 100%, but ultimately chopped for months and then went lower.
9. The 5k breakdown in 2018. Next week closed green but the bottom was 20% lower.
10. June 2019 top. Next week closed green. Market chopped from 9k up to 13k for almost 12 weeks before going lower.
11. March 2020 crash. Next week closed green.
12. Jan 2021 local top. Next week closed red. Market chopped for a while and the resumed higher.
13. May 2021 crash. Next week closed green. Market chopped for a while and then went up.
14. May 2022 Terra crash. Next week closed red. Market went sideways for 3 weeks before going lower.
So the key things to note here is that usually after such a high volume week, next week is usually green, the next candle is smaller than the one with the high volume and the market tends to chop/go sideways for a while. Reversals are frequent, but not guaranteed.
Bitcoin below the 20,000 mark, and to test faith? Weekend, was originally a boring chicken rib moment, but bitcoin did not follow the normal this time, since Saturday, from the Binance perpetual contract added position, has felt that there is a big thing to happen.Over the past few trading days, although the market has been bullish, many people think this is the bottom.But technically, we don't see the long signals. After the bottom of the deviation appeared, can not receive the Yang line, I feel uneasy, repeatedly remind friends, do not left trading, must wait for macd gold fork, break through the average to enter the market.And this Yang line did not wait, but is constantly rush high fall. On Friday, I was still reminding you not to ignore the risks, because in 2018, like now, after falling below $6,000, it was a serious loss. In a highly leveraged market, extreme trends are frequent, so don't look at the market with a conventional mindset. So now that $20,000 has broken, many people are getting confused again.But if you look at the cme gap, you know that the $18,000 covers the gap in December 2020 (the purple line is the last rise), I've written many times before about the cme gap theory, which still works. According to the theory, the gap back, should form support, and the current line macd although bottom deviation disappeared, but if the cme opened on Monday, form a jump gap, that is the short-term third gap (yellow line for the gap), has the possibility of exhaustion, so even if the bottom deviation disappeared, does not mean that there will be no rebound. As for the gap below $10,000 in July 2020, I don't think it should be covered in this round of adjustment.It may even fail to compensate. This is a short-term view, for your reference, from the medium and long term, we look at the chart below, this is the bitcoin spot monthly line trend, if the wave theory is effective, then the market should have completed a standard big bull market, and then enter the abc adjustment cycle.Now, it's most likely to be wave A, and then there may be a big b-wave rebound, so much so that we think the bull market resumes.But the bull market, or b wave rebound, only come out to know. Or is the phrase, the prediction, a speculation based on history, not the condition of the transaction.Trading, there need to be standards, and this standard, you can set by yourself, you can also refer to my: macd + ma, a seemingly ordinary, but a very practical tool.
Bitcoin Weekly Candle not closed below 220 Days Moving Average
#Bitcoin bull run is coming..?
The #BTCUSD weekly candle has never closed below the 220D MA
1 day and 5 Hours remaining to weekly Close
If the #BTC weekly candle not close above $21000 then this will the first time the weekly candle will close below the 220D MA
btc - channel impulsePulling a channel from end of wave 1 to the end of wave 3 seems to fit very well.
Rejection off the median + multiple rejections during wave 3 adds confluence to the validity of the channel.
Only thing I'm concerned about is how wave 2 and 4 may both be WXY and alternation is not present. however, wave 4 is definitely more complex than wave 2
possible expanded flat to take up liquidity before the move up