Get started

Xbt

Bitcoin Moving in a (Bullish) ChannelThis sideways shitshow is just without an end, wonder if its because of the holidays maybe? Alts were pretty weak yesterday, getting sold pretty hard once again. ETH made an okay bounce today but also nothing special. BTC made one of those moves again, i showed a week or 2 ago as well (they did 3 of those then). Confirming some whales are still Fing around with leveraged traders. I would like to be stubborn and remain bullish on the higher time frame, but it's not endless. Past 2/4 weeks we had several great moments/setups for the bulls to build on but each time it shit the bed (not enough volume). The longer this sideways action goes on between 40/30K, the harder it becomes to predict as well. So i am not giving up yet but my confidence is get smaller as time passes. For now, it seems the triangle i showed past week is not in play anymore, instead it's this channel. It's a bullish channel, but it has to show some real strength soon, coming 12/48 hours. If current daily close can be close to 33k, bulls have another chance. That daily candle would then be a bullish one, however, it's size is very small so not meaningful. Therefore, bulls need to show a much bigger green candle AFTER this bullish candle. Preferably tomorrow's candle, but if we can see a small and nice bull flag tomorrow, there is some room for the day after as well to see that big push. If this doesn't happen like a described above, there is a very big chance we test the downside of that channel again, and also a good chance it might break. If it breaks, we could see a big dump happen. All other important factors we need to see on the bull side, i have mentioned several times past month and those still count. For ETH, think breaking 2150/2200 would be a good win for the bulls. For BTC, 34.0Kish, is a big resistance zone now as well So to me, it seems to be an important 2/3 days now.
BITFINEX:BTCUSD
by botje11
17
Bitcoin Index ($XBT) Analysis by imRedaSouhail#Bitcoin Index $XBT Analysis🧩// Head and Shoulders. ----- Bitcoin is still Bearish📉 A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is highest. as technical analysts, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. ----- Bitcoin index may get a bullish correction to retest its previous Broken Neckline and we might see it act as a resistance level for The $XBT index. ----- ISMASHPROFIT 💎
BITMEX:XBT
by TopGBanks
1
Potential Decline in Bitcoin to 32000Disclaimer The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time publishing, I have a position in Bitcoin ( BTC) . Trend Analysis The main view of this trade idea is on the 15-Min chart. BTC has been channeling lower in the short term with lower highs of 34675 and 33335. The cryptocurrency made a 1st low around the 32650 price level and is expected to make a lower low around the 32000 price level. At the time of publishing XLM is trading near the upper end of the trend channel. Technical Indicators BTC recently crossed below its short (25-SMA), medium (75-SMA) and fractal moving averages and its RSI is trading below 50. Moreover, the KST confirmed a bearish move with a negative crossover. Recommendation The recommendation will be to go short at market. At the time of publishing BTC is trading around 33060. The medium-term target price is observed around the 32000 price level. A stop loss is set at 33325. This produces a risk reward ratio of 3.82.
COINBASE:BTCUSDShort
by Ceddy86
Bitcoin (BTC) • Crab 🦀 Season Not much has changed since last video. We are still trading above 32k yet to test the 35k (and sustain above it). Basis and Funding Rates still predominantly negative (favouring longs). Macro trends are looking terribly at support range and all eyes should be focused on the daily and intraday start break above 35k which is the range equilibrium. IF we trade consistently bellow 32k I would consider that structurally bad. But hey! in a trading range - otherwise known as crab season 🦀 - we are at the merci of market-makers and algos that print those famous bart patterns. I like to pay attention to volumes signatures. Where are they forming and what is the backward context to recent PA. Check the video for my latest thoughts.
INDEX:BTCUSDLong
by D7R
7
After a long time, Bitcoin has stalled, the restart needs a kay Bitcoin topped $64,000, heading down and falling below ma144, for more than 50 days. But this is not the longest cross-disk in Bitcoin's history. We compare two historical trends, in 2018 in September 2019, are both sideways after the high decline. 2018 was 65 trading days before breaking down, hitting a low after 2017 while opening the starting point for the 2019 bull market. Also in September 2019, after 110 sessions, it broke the ma144, but broke down and hit $4,000 behind the 2019 low, of course after opening the big bull market of 2020, hitting a high of $65,000. Compared with the above two segments, we see that it is also under ma144. If we choose upward here, it should be very difficult. We may copy the trend of 2019, fall again after breaking through ma144, and hit a new low, and then start a new round of bull market. But this is not a certain trend, after all, the history of Bitcoin is too short, and if we use chart analysis, we can refer to very limited data. But this market, the fundamentals are also lacking, even the most believing people, I am afraid also can not find much basis. So in such a case, we must maintain enough caution, the best operation, of course, is to adhere to the right trading strategy of the band trading, so that even if the mistakes, we will not lose, at least we can have the chance to correct the mistakes.
COINBASE:BTCUSD
by peter-l
2
Bitcoin Ready for Breakout so bull or bear must read this IDEA#BTCUSDT TA update:- $BTC currently trading at $34000 Many time trying to break this resistance but all time failed. This time also waiting and hope this time BTC will break this resistance. So If breakout this resistance then we will bullish on Bitcoin otherwise Bearish. If Breakout $34500 resistance then we can see $40000 But I am supper bullish above $41000 Keep an eye on my Levels:- Support:- $32200/$29100 Resistance:- $36000/$40700/$49400 Please click like button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
BYBIT:BTCUSD.PLong
by CryptoPatel
13
This is how Bitcoin gets to 125k.thought i'd get this to you all before the real fun begins. i do believe we're nearing the end of this wave (a), and we will soon begin wave (b) - nicknamed the suckers rally. newer investors who attempt to play with leveraged longs will probably not sell in time and create a nice liquidation event on the way down. most people develop some sort of emotional attachment to their trades and get stuck to a single outcome. the markets moves both ways, and we can make money in either direction with the proper setups. i've been catching high leverage short swings these last couple of weeks, and have accumulated quite a bit of fun money that i am willing to risk on this wave b. i think wave b is going to be a parabolic move and will catch so many people off guard once it reverses \ has a parabolic move down. markets will go from mass euphoria to mass despair in a matter of days, and that is when we become buyers for the real run to 125k. i have outlined my overall bias on the history of bitcoin in this post: i am not sure what will happen once we tag that final fifth, but i sure as heck am selling all of my longs from the low 20's once we get to the psychological level of 100k. i know that i am looking pretty far ahead into the future, but historically bitcoin has been the most algorithmic asset in all of the lands, and tends to tag every single algo target near perfectly. i don't know anything about fundamentals, all i know is the charts - so thought i'd put it out there. a lot of people are expecting btc to go straight up to a million, so i am here to say that it's not going to go straight up as most expect, since the markets move in phases. stay educated, stay well, and trade safe you beautiful people. 💸✌
BITFINEX:BTCUSD
by notoriousbids
2
Bitcoin | Bulls Defending the 30k Horizontal Support..!!#BTC (Update) In Daily timeframe Chart, Bitcoin is Still Moving inside the Falling Wedge & Above the Major Horizontal Support (30k).. RSI (Relative Strength indicator) has Also been Moving Below the Trendline from last 6 Months.. If Bitcoin Remains Above the 30k Horizontal Support, Bitcoin gonna Bounce Back Anytime 📈🏄‍♂️ In Worst Case, If Daily Candle Closed Below the 30k Horizontal Support Area, Next Stop would be 20k 📉 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..!!
COINBASE:BTCUSDLong
by Faibik
10
bitcoins bigger picture.Lots of people are projecting for us to go sub 20k Let's talk about why i don't think that's going to happen. In the history of Bitcoin, it has never, not once surpassed it's previous bull run high, as that would completely invalidate everything. Therefore, this is my primary longer term outlook on this coin, and in my opinion, the highest probability as of right now If we do take out the previous high (19764.51), in my honest opinion, i think it'll be game over for crypto. ps. bookmark this post, and let's talk about it in the future.
BNC:BLX
by notoriousbids
2
Bitcoin Next move $50000 or $29100 ...?#BTCUSDT Update:- #BTC currently trading at $34600 And now again trying to breakout strong resistance $35300 Hope this time break out. If breakout this time then my Target will be $50000 Otherwise ready to $29100 But Keep in mind below $29000 #BTC will entered in Very bearish zone. Keep an eye on BTC price. Support:- $33300/$29100 Resistance:- $35300/$45600/$49700 Please click like button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Long
by CryptoPatel
11