1-BTCUSD
BTC Analysis Bitcoin (BTC) analysis as of May 12, 2024,
**Technical Analysis**:
- BTC trading in $50,000 - $55,000 range for weeks.
- Short-term moving averages offer immediate support (e.g., 50-day, 100-day).
- Longer-term moving averages (e.g., 200-day) indicate stronger support/resistance.
- Key technical indicators (RSI, MACD, Stochastic oscillators) signal momentum and potential reversals.
**Fundamental Analysis**:
- Strong fundamentals with rising adoption by institutions, corporations, and retail investors.
- Growing network activity (hash rate, active addresses) shows robust usage and interest.
- Regulatory developments globally could impact sentiment and short-term price movements positively.
**Market Sentiment**:
- Positive sentiment towards BTC as a hedge against inflation and uncertainty.
- Attention on CBDC developments and their relation to Bitcoin.
- Geopolitical tensions and economic indicators may affect short-term volatility.
**Conclusion**:
- Short-term movements driven by technical factors and sentiment.
- Long-term value driven by adoption as a store of value and digital gold.
- Investors advised to conduct thorough research and assess risk tolerance.
Bitcoin - $200.000 price target!Hello Traders and Investors, today I will take a look at Bitcoin.
--------
Explanation of my video analysis:
More than 4 years ago Bitcoin created a nice bullish ascending triangle formation and broke out above the resistance. This breakout was followed by a +270% move towards the upside. Currently Bitcoin is once again creating a similar ascending triangle formation and is currently retesting upper resistance. We might get a pullback but the overall trend is still very very bullish.
--------
Keep your long term vision,
Philip (BasicTrading)
Friday market update☝️Do not act based on my analysis, do your own research!!
The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
BTC Halving Protectory- Short-term sell opportunityIn this video, I shared my view on BTC after the halving event. I anticipate a bearish move towards last weeks low. Price below this low would provide an opportunity for long term buyers to add new positions to their portfolio. The potential move towards this low will provide an opportunity for short term traders to capitalise from the downwards move.
Let me know your thoughts and would love to share more of mine in the future so feel free to follow my page.
Why will Bitcoin drop towards 52000 levelStructure has broken the wedge and now trending downward within the channel. So we see a decrease in transactional volume.
It seems that a historical pattern is repeating itself from a previous cycle, mostly due to monetary policy involving an interest rate cut.
if a similar scenario plays out, we might witness Bitcoin dropping to a low of 52000
"Thank you for reading my crypto analysis. Please follow me for more updates and insights on cryptocurrencies."
End of the week outlook - holiday time☝️Do not act based on my analysis, do your own research!!
The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
Bitcoin Price at CRITICAL Point!As a follow-up to my Idea from May 1st where I pointed out the key Volume Profile Support of 56.9k that has held and now we go into the weekend at the Volume Profile Resistance of 62k.
Which of these breaks... Support or Resistance... will be the way Bitcoin goes! Does the bull trend fail or continue? Ichimoku will be the decider.
PreLondon Friday analysis☝️Do not act based on my analysis, do your own research!!
The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
End of the week - Market analysis☝️Do not act based on my analysis, do your own research!!
The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌
☝️ALL videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
04/27/2024 - Watchlist, Stocks, Crypto - Video Idea - TA ChartsWatchlist, Stocks Indexes, Bitcoin, Crypto TA Charts by @NoFomoCharts
00:25 Watchlist and News
02:05 Stock Indexes
06:22 Crypto, Bitcoin, Altcoins
Watchlist, SPY, QQQ, DIA, IWM.
TOTAL, Bitcoin (BTC/USD), Halving History, ETH/usdt, BNB/usdt, SOL/usdt, ADA/usdt, XRP/usdt.
04/27/2024, 08:00PM EST Video Idea.
Technical Analysis & Educational Chart Videos.
Follow, Comment, Boost, or Cheer to support. Thank you!
All content is Not financial advice.
Bitcoin: Thoughts and Analysis Pattern – HL building?
Support – 63,860, 60,675
Resistance – 66,710
Hi, traders. Thanks for tuning in for today's update. Today, we are looking at BTC on its daily chart.
Today, we have broken down the current PA we are watching on BTCUSD.
Two things have presented themselves to us. Could we have a new HL forming after yesterday's fightback? Could this then set off a new leg higher to test the top of the range?
Or two, could this be a false point of support, and will we see sellers make a new move at testing lower-range support?
Good trading.
BTCUSD Waiting for Tomorrow's PMI PullbackTaking a look at the daily chart, I am looking to go how. However, I want to see how this instrument trades following tomorrow's PMI data from the US.
On my chart I plotted out an AOI level which would be nice to test. If that happens I'll be looking for bearish stalling action on the small timeframes such as the 5 min to scalp a long entry.
That's it - That's all
Trade Safe
04/21/2024 - News, Stocks, Commodities, Crypto - Video IdeaNews, Stocks, Indexes, ETFs, Commodities, Bitcoin, Crypto TA Charts by @NoFomoCharts
00:22 Part 1 - News and Watchlist
03:32 Part 2 - Stock Indexes, Metals, Commodities
10:58 Part 3 - Crypto market, Bitcoin, Altcoins
Watchlist, SPY, QQQ, DIA, IWM, GLD, SLV, USO.
TOTAL, Bitcoin (BTC/USD), Halving History, ETH/usdt, BNB/usdt, SOL/usdt, ADA/usdt.
04/21/2024, 09:00PM EST Video Idea.
Technical Analysis & Educational Chart Videos.
Follow, Comment, Boost, or Cheer to support. Thank you!
All content is Not financial advice.
Bitcoin - Dont Fear The Dip MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
Even tho the bull market is here BTC has not fully mooned yet there is still time to buy on DIPS . The market has just hit a critical level but should go lower when ready. This is a bullish structure and dips are buys, when these dips happen BTC can start its move higher . This needs to be watched carefully.
BTC To The MOON
Please watch the video for more information