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Bitcoin Last Perfect Analysis update and Still Potential $100k ?#BTCUSDT Last Perfect analysis Update:- $BITCOIN currently trading at $35600 And Guys If you remember I told you to partially exit from $50k Recently Bitcoin Dumped till $28600 Mean more than -50% from All time high. So Hope you happy with my Spot analysis. And exactly hit my lower Target zone. IDEA Also Attached. Now…? Guys Its clear Bitcoin Is future for Digital world. But Ups and down is Part of Trading. So Keep in mind If hold $30000 level then We still can see $100k But If break down $30000 level then I will bearing till $15k So Never do Gambling and Trade with Proper setup. Patience always Pays off. Support:- $30k/$23k/$18k Resistance:- $41k/$60k Please Press LIKE ❤️ if You Happy with my analysis.
BITSTAMP:BTCUSDLong
by CryptoPatel
13
BTC | Bearish | Areas of InterestSentiment: 25 - Extreme Fear Trend: Bearish While the market has been consolidating in a lower area for nearly a week, it is clear that there are a number of strong Sell-side areas to drive price lower. I understand that accumulation at this point could lead to an aggressive move to the upside, but until I see the trend change I will continue to be bearish in the short term. focus on the Sell-side (Red) areas of interest. As an intraday trader, I will be looking for a good setup to trade back into the trend. Buy-side areas are great for exits 🕵🏾‍♂️ & Don't forget to follow me on tradingview Happy Trading Regards Mr Ionic
Short
by Little_Big_Movement
Bitcoin | Falling Wedge Formation in 1D Chart..!!#BTC (Update) In daily timeframe Chart, Bitcoin is Forming Falling Wedge Pattern..!! RSI Indicator is Printing Classical Bullish Divergence .. At the Moment, Bulls testing the Resistance 35k, If resistance got Cleared, Expecting Huge Bullish Wave towards the 48k in Coming Days. In case of Rejection, Bitcoin Might Retest the 30k Area (Lower Low), If Daily Candle Closed Below the 29k, then Falling Wedge Pattern Will be invalid. 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..!!
BITFINEX:BTCUSDLong
by Faibik
6
Similar charts, not necessarily out of the same market Bitcoin's recent moves are very similar to those of August 2020, but similar charts don't necessarily follow the same trend. In August 2020, Bitcoin was in a platform breaking trend, which is similar to the current trend. It is also the 5-wave correction of ABCDE, and then began a new upward trend. But the two market, there are also some differences 1. Average differential, the correction did not break MA144 then, whereas the current correction is below MA144 2. At that time, the rebound from the low of $3880 lasted 5 months, up less than 150%, while the current market, up 7 months, up more than 500% 3. Changes in the global financial market environment. Last March, the Federal Reserve in order to rescue the epidemic, excessive issuance of dollars, global funds are under inflationary pressure. Now that the epidemic has subsided and the economy has recovered, fighting inflation is the main task, and the Federal Reserve is talking about raising interest rates. 4. As the digital currency led by Bitcoin has performed well in the past year and become the leader in the global financial market, it has triggered the attention of governments and financial regulatory departments of various countries, and regulatory policies have begun to tighten. Although more and more financial institutions have occurred and supported Bitcoin, SEC has no intention to regulate digital currency, which means that ETF is far away. China has cracked down on mining in order to achieve a carbon peak, resulting in unstable calculations. There's a growing controversy over how big names like Musk manipulate currency prices through Twitter. If these issues are not addressed, digital currency will not truly become a mainstream financial product. So we see two markets, similar charts, but also very different, if you want to get out of the September 2020 breakout market is not small. As an investor, there is no need to worry about where the market is going. What we need to do is not to go against the trend after it has formed.
COINBASE:BTCUSD
by peter-l
1
BITCOIN (BTCUSD): Two Scenarios Explained ₿ Very important moment for Bitcoin. On a daily, the market is currently trading in sideways. The price has formed a wide horizontal trading range. Bears are testing its support at the moment. Here are two scenarios for you to follow: Bearish. In case if the price breaks and closes below the underlined support of the range, many buyers will lose confidence and it will be a trigger for one more selling wave. Bullish. The price may respect the underlined support. Your confirmation to buy the market will be a bullish breakout of a falling wedge pattern on 4H. It will lead to a bullish move to a resistance of a daily range. Because I heavily invested in crypto, I remain bull-biased. But who knows, we must be prepared for everything. What will happen in your view? ❤️Please, support this idea with a like and comment!❤️
COINBASE:BTCUSDLong
by VasilyTrader
11