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50k

BTC nearing the 50K resistanceBTC is near to the 50K resistance that will probably need some attempts to be overcome and some serious volumes. The RSI is still decreasing showing loss of momentum and foreseeing a hidden bearish divergence. When BTC will go back to the over-50K range the sentiment will almost certanly be universally bullish and lead to an injection of liquidity. The 20D EMA has ben tested in the recent past and provided some nice support for the coin growth. I expect it to be touched several times before BTC will finally be able to got over the 50K resistance. What's your guess? *Not a financial advice*
COINBASE:BTCUSD
by antonioscalone
2
CAN BTC REACH $50K?Welcome folks to this important update on BTC. In the previous 4 hours chart update, I clearly mentioned the fall or a bounce in BTC price and we all know that BTC took a nice bounce from the 100 MA. Now, let us look into this chart which indicates some positivity in the market. The lower trendline (acting as a support) is close to the 100 hourly moving average. This is the exact supporting trendline from where BTC bounced twice and gave a massive gain of 25% to 30%. Now, the interesting thing is BTC once again bounces back from the exact same supporting trendline, and if by any chance BTC gains 25%, ok 15% from the bounce then we will enter the $50k price level. Okay, now let us look at the invalidation point. There's only two invalidation point, 1) The 100 MA with lower trendline, and 2) The Horizontal support line at $44k. If BTC breaks below these levels (which is 5-6% below the current price) then the chart will be invalid. I am biased towards the bullish side and if the rally continues then by the end of this week we may see BTC at $50k. Adiós for now and hopefully see you guys soon in the $50k. What are your thoughts on BTC? What your T.A says? Do share your ideas in the comment section and also like this chart. Thank you.
BITSTAMP:BTCUSDLong
by Dexter_The_Trader
bitcoin next move probably 50k soon Welcome to this quick update everyone BTC broke out of the falling wedge pattern as per in my previous BTC Chart. What’s really important right now for BTC is already break the 50 MA done and has to maintain the 50MA the 21 MA in this 4 hour chart. To keep it simple 37k needs to hold for btc to remain bullish and break the 40k level. 43k still remains the target once we break above the 50D MA. Hope you like this quick update on BTC and plan your trades accordingly. If you want such updates frequently follow me. If you like my updates do not forget to hit the like button and share your views in the comment section. Thanks for reading, #PEACE
Long
by Bitking786
The current losses of buying 10 $BTC at $60K.A normal post for perspective. A look back at the past, unfortunate buyers who FOMOed into $60,000 USD trades and spot of bitcoin are now almost down 100 grand. Often, we don't expect more than 15% corrections, and we could even expect something as much as 50% in this run. 30k is not out of sight, but at that point is it really a correction or a bear market? Crypto is a risky investment and I would be careful shorting currently down 20%. I would also be very careful if you are a panic seller, as personally a bear market starts when we have sustained time (3 months) at least 15% from an ATH. The lower we get, and the longer we stay there, provides more risk for $BTC to fall. Being down 100k in 2 weeks isn't necessarily something you want to FOMO into all the time. You leverage boys better watch out, thats a choppy map. It only gets worse the higher we go.If you're losing a lot of money due to fomo, zoom out, and wait. We could also see 60k+ within a days time, so do not be fooled, but always be wary of the reality of things. I am betting long, stop me out at 50k if you shall.
BINANCE:BTCUSD.P
by UnknownUnicorn11545969
1
BTC's 1.618 fib = 50k a logical S/R emotional zoneI'd expect BTC to have to fight pretty hard to get above that mental 50k level. However, the pitchfork and fib levels are providing a pretty nice little pathway to breaking through that. We're in a bull market, dips are for buying. The trend is your friend. If I wasn't already long on btc? I'd probably look for a retest of 50k as a good place to enter. I'd also expect BTC to fall through 50k on a retest as whales will want to hunt stops for fuel before we continue onwards towards glory. TL:DR Let's see what happens at 50k. If you're looking for a long? Probably buy after a 4 hour close back above 50k when we retest it.
COINBASE:BTCUSDLong
by its_maxbro
3
BTC over 50k & Target MET TO THE TICK!Hello Traders! WOOOO!! BTC has broken $50,000! Seriously, even though the Long setups were there, I still had to double take. Hopefully we see 60k soon. Now that BTC has met our previous target of $50,900, what now? Well, as price reversed TO THE TICK of our Profit Target, that means we should be looking for the next EXPANDED EXTENSION in the Series. As with all extensions, we have an additional entry at the 38.2% level as well as our standard 50% and 61.8% levels... Entry 1: 47600 Entry 2: 46550 Entry 3: 45510 Stop Loss: 44710 Target 1: 53000 Target 2: Trailing Stop Till next time! Happy Trading, always manage risk.
Long
by SmileyTrades
[CRYPTO] $50.000 incoming - Congrats!I want to take this special moment to congratulate those who are in this run for multiple years now (including me). It's been a rough ride and now we are aiming for an important psychological price-level of $50.000. I expect the buyers to break through this level within the next hours (hence the 15m chart). We usually see the price breaking above an important level while stop-buys being triggered, which could lead us to our final target at $52.000 cheers, Ares
BITSTAMP:BTCUSDLong
by Anton_XBT
5
BTCUSD | To hit $50,000Morning traders, we have a continuation wedge style pattern this type of set up is conducive of playing the overall macro trend bias for me which is bullish. we have already touched the 48k level which is classical price action behaviour, you cannot run a new high with a mild pullback (or a better price to enter on.) as we can see this set up is actually much more clearer on the 5 min chart the solid red trend line has marked out the fractal high based on the 5min , this is my point of inflection where the market plays out our overall bull bias. the question now is, when we run the 50k level will we get a strong push through or will we get a mild pullback.
GEMINI:BTCUSDLong
by NK008
[CRYPTO] Bitcoin Crushing the All Time High?There is not much to say besides that the cryptomarket looks fantastic at the moment. The price of Bitcoin (BTCUSD) is moving slightly below the All Time High at ~$42.000, which we actually achieved a few weeks ago. While most of the market was scared that we might see a price-correction similar to January 2018, we saw wannabe-robinhood Elon Musk and a few other famous people putting the Bitcoin Hashtag (#bitcoin) in their Bio, which lead to a pretty strong breakout which was enough to drag the rest of the retail investors in. Institutional money is across the board for a few months now. Although i do think that most of the institutional money joined way before they announced it and spilled fuel in the fire by doing so. Anyway, make sure to have some Bitcoin in your portfolio. Even if it's just a fraction of it. You'll be thankful at some point.
BITSTAMP:BTCUSDLong
by Anton_XBT
9
Bitcoin to 50k before a nice 40% drop to 30k regionBitcoin looks good for a push to 50k, maybe even 60k before we see a nice 40% drop to 30k regions. Once Bitcoin had had its nice big drop "40%". We should see altcoins really start to move. Just get ready to sell them by end of May, as the saying goes. "Sell in May and WALK AWAY" - hold that corn dearly until December for the mother of all pumps and start selling over that magic 100k region, yes it might go to 200k or 300k... But its can easily start a bear trend once 100k is broken. Trade wisely. 100k Can still buy a decent Lambo.
by LadaToLambo
1