XBT Short-Term 1H | 8-Dec.The opportunity to rebuy on the drop is almost over.
Bitcoin (XBT) is getting ready to move ahead.
Full moon blessings.
After a resistance level is hit, it is normal to see a correction.
After the 5-Dec. peak, we have a correction to the 0.5 Fib. retracement support for the bullish wave that started Monday 28-Nov.
The bullish bias remains intact.
Additional support is also found at 0.618 Fib. retracement ($16547).
Next target we aim at a higher high.
Namaste.
Xbt
2023 $49k Bitcoin Forecast - A Replay of the 2019 Echo BubbleMacro larps gonna keep SIMP-ing to daddy Powell, psychoanalyzing every CPI / FOMC reading, salivating every tier10k push notification beep, stalking every ES1! 1 minute candle, annotating 7800 seconds of The Big Short line-by-line
$13.9k = 61.8% fib retrace of the Dec 2017 high to the Dec 2018 low ($19k -> $3.2k)
$49k = 61.8% fib retrace of the Nov 2021 high to the Nov 2022 low ($69k -> $15k)
my_body_is_ready.png
XBT Short-Term 1H | 5-Dec.Bitcoin (XBT) stays within the same range...
We challenged the upper resistance followed by a quick rejection yet the bulls stay on top.
We continue aiming higher.
Not much to report as the chart structure stays the same vs my latest update.
For questions just leave a comment.
You can visit the "Related Ideas" below for the longer timeframes as well as analyzes for all the Altcoins, big and small.
Namaste.
This setup is a Buy Opportunity for BitcoinHello,
Dear valued traders & investors, this is my own setup and view regarding the next Bitcoin move in the coming months that i will follow.
I am short description analyst & trader, so ill not write much about it because the chart tells itself.
I am preparing to buy SPOT and go Long aswell on Futures as soon as it reach my potential bottom target of this move.
PS: Chart is on weekly timeframe , and you have to understand that this will take months.
Please manage with your trades, invest only if you know what you are doing as i am a Swing & Long Term trader!
If you like the idea, please hit the Like botton.
XBT Short-Term 1H | 1-Dec.Let's continue looking at Bitcoin (XBT) on the short-term.
(For higher timeframes and the Altcoins, see "Related Ideas" at the bottom of this post).
The chart structure changed completely and for the better.
The main support we were using, MA200 and EMA300 have now become secondary.
The bulls are ahead.
EMA50 at $16,885 is the main support to look for on a drop.
EMA21/EMA10 are still holding Bitcoin.
Let's get to the analysis.
We have an ascending channel.
XBT trading above EMA10 and EMA21 signals that the short-term bias still favors the bulls.
The RSI is not as strong as before and resistance was met at $17230, this is the level to watch for.
There is no volume here but looking at other charts, it seems the bulls are not done.
We continue aiming higher...
Namaste.
Bitcoin Technical Analysis Chart#BTC/USDT Technical Analysis:-
$BTC currently trading at $16900
As per chart Bearish Pennant Breakout Upward side so I am expecting up side move toward $$18600-$18800
Actually this is Bearish Pattern but We always focus on Breakout.
Upside Breakout mean We can see Some upward move.
Support:- $15600
Resistance:- $$18600
XBT Short-Term 1H | 29-Nov.We see a breakdown 27-Nov. of the MA200 support.
As expected, the next support level marked blue on the chart was tested with the low set around $16,000.
We see a price bounce and the bullish bias short-term remains intact.
XBT is aiming again at $16,333 where EMA50 and MA200 are now sitting.
The bulls should be able to takeout this level easily and then continue up.
Mid-week, Wednesday/Thursday the bullish move should start to pick up speed.
Normally we get bearish the first half and bullish the second half of the week.
CHANGE
On a drop, the support levels are marked blue on the chart.
Namaste.
Bitcoin | Seems like Ready for Relief Rally..!!#Bitcoin
Bitcoin is forming Falling Wedge in 1D timeframe Chart.
Seems like Bitcoin is Bottomed out & Ready for Relief Rally Towards the 18,500
Remember that Bitcoin is not out of Woods Yet, Bitcoin Bulls Need to Clear the 18,500 Resistance to Confirm the Falling Wedge Breakout.
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..!!
UPDATE: Bitcoin will crash below $3k and MSTR will be bankruptUpdate to my previous posts.
Bitcoin finished the last impulse of a 11-year bull market in 2021 with a multi-month distribution.
Now we are in a mark-down phase in a bear market that has never been seen before.
Price is below MA200 W1, MA200 D1, below strong support of ATH 2017.
In the beginning of November we have finished a running triangle and impulsive wave ensues which was jump started by FTX and Alameda going bust.
It's only a matter of months that price will crash below $3k many more players will go bust and MSTR equity will be wiped out.
All bull market stars will fall down starting with Saylor of MSTR.
BTCUSD Weekly Forecast Analysis 28 Nov - 2 Dec 2022 BTCUSD Weekly Forecast Analysis 28 Nov - 2 Dec 2022
We can see that this week, the current implied volatility is around 10.04% , down from 11.21% from last week.
According to ATR calculations, we are currently on the 62th percentile, while with DERIBIT DVOL we are on 31th percentile.
Based on this data, we can expect on average, the movement from open to close of the weekly candle to be :
In case of bullish - 4.9%
In case of bearish - 7.7%
With the current IV calculation, we have currently 19.4% that the close of the weekly candle is going to finish either above
or below the next channel:
TOP: 18286
BOT: 14601
At the same time, taking into consideration the high/low touch calculation from the previous values, we can expect for this week:
25% chance that we are going to touch the previous low of the weekly candle of 15500
64% chance that we are going to touch the previous high of the weekly candle of 16800
Lastly from a technical analysis point of view, currently 80% of the moving averages rating, are insinuating we are in a bearish trend.
XBT Short-Term 1H | 26-Nov.The chart technically stays the same.
While XBT has gone below EMA10, 21, 50 and 100, it remains trading above MA200, the main support.
If MA200 at $16,410 fails, then $16325 will come into play...
Anything lower and Bitcoin can easily test the blue support level on the chart, high 15Ks.
But we continue to see consolidation nothing more.
If I had to guess... I won't.
Let's wait and see how it goes.
Namaste.
XBT Short-Term 1H | 25-NovNot much change.
We have the breakdown 20/21 Nov. followed by a recovery 22/23 Nov.
After the recovery, we are seeing bullish consolidation.
Bitcoin (XBT) stays above MA200 and EMA10.
Bullish signals in this short-term analysis.
If MA200 is lost as support, XBT can revisit the lower levels marked blue on the chart.
Currently the bulls have the upper hand.
Options expire today which is normally a bearish event.
Watch out for sudden moves.
EMA300 ($16,755) is the immediate resistance on bullish pressure.
That's all for now.
I'll keep you updated.
Thanks for your support.
Namaste.
XBT Short-Term 1H | Bear vs BullOnce again we look at Bitcoin (XBT) short-term.
We have a recent bullish move... What happens next?
Above the blue and grey lines the bullish move can continue.
Immediate resistance is also found at the black line or MA200 ($16,483).
Looking at these three levels, XBT needs to move above the $16,500/$16,850 price range to knock out the bears.
Any trading below the blue line (~$16,615) can keep the bears alive and the drop resume.
If this level are conquered, then the balls passes towards the bulls.
More details on the chart.
Still red...
Namaste.
XBT Short-Term (1H)We have a bearish continuation/consolidation pattern.
- XBT broke down yesterday, 20-Nov.
- We have multiple strong bearish candles ending in a new low.
- Bullish candles are being rejected closing with long upper wicks.
- Trading below EMA10 and EMA21 signals lower.
CHANGE
Moving and closing above $16,350 on the 1h timeframe can signal recovery.
Note: This is a short-term analysis.
It won't be valid for long.
Thank you for reading.
Namaste.
Bitcoin Bearish Break out and Ready for $12000 ?#Bitcoin Analysis:-
$BTC trading at $15800
- Broke down $18400 Resistance and down -16% from Support
- As Per Chart Target area is $12800-$11800
- Box = Buy here and Sell above $200k
Or
- Sell here and Buy above $200k
Decision is yours.
- More Negative News mean more Buying opportunities.
Now Close to short with High Leverages and Try to accumulate some Bitcoin in Spot.
Target = 20x - 50x Wealth in Next Bull Market
Unfollow Moon Boys who called Bottom at $50k / $40k / $30k
Flipping Bearish Short-Term Bias on BTCWhile originally expecting more pullback on BTC to the upside. It's becoming more evident that BTC is rounding out at the top of this up move. More and more signs are coming for lower prices. So While i expect price to move a bit lower now, higher prices are still a possibility. This is an odd range, and I'm willing to be wrong due to the nature of that.
With some divergences and elliot wave counts to be showing price as bearish, i'm not sure it stretches past the low from the 9th quite yet.
Bitcoin Short Update ( Fight Between Bull and Bear )#Bitcoin Short Term Analysis:-
$BTC Current Price is $16900
As Per chart Looking Bearish and Waiting for Retest.
Retest Level = $18700
Resistance:- $20700
If BTC Rejected $18700 Then High Probably to Hit $12000
But Keep in mind Another scenario also:-
If Breakout $18700 and Hold $18700 Level upward side then We can see $32000 in Short term.
Never trade Blindly.
Always open any trade after Confirmations.
Note:- Never Forget to Accumulate bitcoin For Long term.
This Price we never see in Future.
BTCUSD Weekly Forecast 14-18 November 2022 BTCUSD Weekly Forecast 14-18 November 2022
Currently the implied volatility for this asset is around 7.75%, down from 8.25% of last week.
From volatility percentile, point of view, we are currently on 62th from ATR and 27th from DVOL index.
With this volatility percentile values into account we can expected on average that the weekly candle is going to be:
4.9% for bullish
8.2% for bearish
With the current IV, we can expect with a 80% probability that the market is not going to close either above or below the next channel:
TOP: 17650
BOT: 14950
Lastly, based on previous calculations, we have:
28% to hit the previous weekly high of 21000
46% to hit the previous weekly low of 15500