BABY BEAR ALERT ?!! BTC ANALYSIS Bitcoin While Completing The Dancing Lady Pattern .
Else IF 38000$ Breaks , There Will Be THE BULLS SUPPORT !!!
Xbtc
BTCUSDTPERPThe comments and recommendations contained therein are based on the personal opinions of those who comment and advise. These views may not be appropriate for the financial statements and your risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations.
Bitcoin can ONLY rise if the Dollar DXY fallsHello, it's been a while since I published a chart on TV. It's time again :)
There is one very simple rule or mechanism that has a very big influence on Bitcoin price development.
There are of course the halvings, then there is adoption, but then there is a strong positive correlation with stocks and anti correlation with the Dollar.
So a strong dollar will mean that BTC will not rise, even experience bearmarkets.
The dollar is currently rising strongly, fueled by the interest rate hikes by the FED.
8-9 rate hikes are expected this year. So only if the FED decides to not raise rates as aggressively as they said they would, can Bitcoin rise, because that would lead DXY to massively dump.
I don't like it, nobody likes it, but IF we get a rally this year, thus fully rests on the decisions of the FED.
If they continue to aggressively hike => DXY bullmarket => BTC stays flat or Bearmarket
If they decide to become more dovish, not hike as aggressively => DXY dumps => BTC rally
It's really as simple as that currently. Just my thoughts on the current situation.
BTC/USDBTCUSD BEARISH 55% DOWN CONFIRM GUY'S
Guy's properly work in Bitcoin past never ever up in this month because only
bearish time for Bitcoin you have it check my chart all about the BTC future...
Bitcoin 1h Price Outlook 30 December 2020 — MOVE UPPrice of BTCUSDT moving according to latest price predictions. So far we in 5th wave on the chart and here is the full map of Elliott Waves:
Here is price update from 27 December, where I got the entry at 26000, still holding strong, good profits, close to target.
Previous update on the 28 December about same things, active
Accordingly to my view on current price action, I move my stop loss from initial 25700, up to 26800, IMHO this is good invalidation level, and at least some profits in worst case.
Wish you a very best New 2021 Year,
BR,
Artem Shevelev
BTC can move like the first box I showed in the chart in 2nd boxBTC supported great at 27300 and if nothing special happen it can move like the past it move it make a channel and after that can have a pump but It's dangerous area BTC have potential to pump trade carefully
Bitcoin could hit 16-17 K and still be bearish - this is whyThere is a possibility, that bitcoin on a bigger timeframe is in the making a big flat correction.
Lets see
Bitcoin is bullish. Possible areas of entry if you wish to longBitcoin is bullish on all major long term timeframes. I'm basically holding my long and I probably will keep on adding more. Areas of interest are marked on the chart.
Short term, there is lots of supply at this area so price should be delayed a bit. However, overall demand is high and will drive price up further. The shorters here will be fuel for the next rally.
I'm long.
btcusd next intraday move of btctrading as easy as like video game when you know what you looking for
⏯Short-video ⏯ Buying Bitcoin 6800 Explained! Hello guys! I hope you staying positive these days!
I think Bitcoin is bullish today.
In video I explained my buying strategy.
Target for move 7500 and 8k+.
Revisit of 6800-7000 is possible in short-term.
Calculate your risks before any trade, do not follow any analyst on this web-site blindly!
In video I explained why I am bullish and all confirmators
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Bitcoin Elliot wave part 3 - Bitcoin on its way below 3k?I had problems with part 3 which was analysis of the move from 3k to 13 K. My analyse had me revise my overall wave count.
The move to 13 K was not a 5 wave bull structure but a bearish corrective wave
This means, that we are probably in the making of the 5 wave c-wave to the downside.
Inverse Head and ShoulderIf Bitcoin Break Nick line.... Then Inverse Head and Shoulder should be positive.. Means long Bitcoin after the Break Nick line point which is around 7380 to 7440
XBTC-BTC/USD WEEKLY CLOSEGood day guys,
well we had the weekly close under 8 k, not a good sign on my view, per weekly we are in a bear market. We have ton of 9 buy coming up or in game now and a possible descending triangle forming on the daily/4 h ( later a chart of the 4 coming up).
On a overview of the TD and CME open:
M 2 UNDER 1
31 D PRICE FLIP - green 1
W 7 ON 9 COUNT
3D 9 BUY
2D 9 BUY
18 H 9 BUY
12 H 9 BUY
8H 7 ON 9 COUNT
4H 8 ON 9 COUNT - NEXT CANDLE A 9 BUY
2H 6 ON 9 COUNT
1H 2 ON 9 COUNT, NOT YET A 2 ABOVE 1
15 MIN NEUTRAL
CME OPEN GAP FROM 8200 TO 7903, possibility for upside to the trend line and 8k resistance zone with a wick up to close the gap. This would be a relief bounce before new lows in my view.
Keep a close eye on ADX and the -DI on verge of a possibile cross with +Di
Safe trade folks
