Bitcoin-short
Hasn't happened in 13 months: (Bitcoin 3-day)Let's keep this one short & sweet. Bitcoin is in a short term uptrend after a potential bottom on Jan 22 2022 (the start of the bottom trend line) after months of downward crab action. What we're looking at here is the 3-Day chart for Bitcoin with the free version of market cipher B & several EMA lines. The yellow dotted line is my trend zone drawn on Feb 24 2022. We have clearly broken that trend line to the upside.
What hasn't happened in more than 13 months; are the 5 consecutive green candles on the 3-day chart. Feb 22 2022 was the last time. We are currently on green candle number 6, but there is still time for the green to flip red. Market Cipher B has printed a red dot (a sell signal) on every time interval before the 1-day chart, this red dot is coming. The bull run may very well be back on, but we need a correction first, likely 10-12% minimum. That would put us at 41.7k-42.7k USD.
None of this is financial advice (obviously) but I'm personally going to be watching 41k as a crucial level of support. I think that 41k is worst case scenario for a true "correction." Anything lower (on the 3-day close) would tell us that this was just the Bulls coming back in after storming out screaming "And another thing!"
Bitcoin future 72K $ !?According to my future outlook, I expect Bitcoin to break the price of $50,640 in the next two months. I think it will be in May. I think 05/17/23. If it breaks it, it will continue to rise until November and December in 2022. It will touch $72,000 for the first time, after which it will reverse downward for about two years on 11/11. 2024 or 12/2024 in order to descend to 50640 and reverse its rise, perhaps its direction will be towards 90,000 dollars, so I advise that you take advantage of this period to invest your money in Bitcoin, especially when it touches the 39,320 dollars that I have already referred to.
BITCOIN Will Move Lower! Sell!
Hello,Friends!
Based on the technical analysis
And the recent minor fundamental news
BITCOIN looks bearish to me overall.
I think that market-makers will be pushing the pair down
That is why we are going short!
Like and subscribe and comment my ideas if you enjoy them!
Bullish? HmmUsing Fibonacci, ostensibly there's 2 competing patterns. Looking at the recent price action of the past BTC price action taking a significant move downward will happen between $43.2 and $46.9K
Depending on the legitimacy that price is increasing from positive speculation / prior accumulation price could increase much higher. *However recent experience that price is continually push higher in an artificial manner per-
Miner cartels/ Market Makers and exchanges/ that is primed to sell into the marginal increasing volume of new buyers...
Bitcoin - Short term bear idea Keep it plain, simple and minimize the noise!
Head an shoulders forming on the BTC 1hr timeframe, this is a bearish pattern.
If pattern is successful, ill be ready to short and take my first profits around $39.5k.
With any trade, ALWAYS be patient wait for confirmations to avoid any fake-outs.
I also have a short term bullish idea that I will post directly after this :)
The key to being a successful trader is to not matter which way the market is going, instead to just constantly profit when the market is up or down.
A good strategy I use mostly is bearish/bullish retest confirmations, once I get the confirmations of whatever pattern I am watching - I enter trades
Might post an educational video showing my POV and strategies to how I have been trading the markets for over a decade, its good to understand as many different perspectives as you can - then develop your own style.
* * At the moment - the market is sideways, choppy and RISKY * *
I have various different set-ups I'm watching and always waiting for confirmations of each one BEFORE entering a trade
Comment your ideas down below :)
Bitcoin losing strength.Bitcoin: After an initial pump, we didn't have enough buying volume to break the resistance from the previous top, and we could see a return to the 35k-40k accumulation range.
The world scenario is one of extreme caution, which will make the whales swim in depth, awaiting a definition of the scenario.