Bitcoinbull
BTC BULLISH UPDATE!Bitcoin tested & broke Daily Resistance. As a result, price made strong bullish moves just as predicted. I'm predicting more bullish action to follow because Bitcoin is currently still in an Ascending Channel on a higher Time-frame. The next area I believe it will reach is 11970.00. If it does test & break that as well. The Bulls may be back to takeover for good. With a solid confirmation of course. Thank you for viewing my analysis. Please check my last analysis if you haven't done so yet. It is appreciated!
#Buy BitcoinHey everyone,
Weird chart, I know.
At the same time, it is still a valid one.
The second and third legs are much smaller than the first one yet the Fibonacci compliance it's still there.
The risk is much bigger to miss out that to calling this a bit too early.
Remember, it could still go lower without ever triggering.
As a reminder, watch out for your risk!
THE LAST BITCOIN FOMO PUMPShould BTC's monthly candle close above $9700, it's fairly safe to say that the bulls will continue to pump the price up above $10K once again. This will be the last FOMO pump that we'll see until price drops below $1K.
$10.7 comes before the great dip.
Short at $10.7
TP: $250
Bullish Acumulation on BTCHello Traders,
Bitcoin is forming a bullish accumulation pattern on important resistance zone, we have a buying point above 10k, if we cross that area we will assume the resistance have been broken, and the target will be on the next important resistance around 13k.
The resistance zone.
Best regards, Sandro and Gustavo.
Feel free to visit my pages if you would like to know more
Don't be fooled, Bitcoin starting multiyear Bear Mkt. 1-2kHey everyone,
Sorry I didn't update this post earlier. If you would like to go on my twitter page a link to my Tube channel is on there where you can see my prediction on why I believed Bitcoin is in a multi year bear market as of Last week.
For those who wish to only read this, it is very simple, we have lost a uptrending channel we had been moving in since 2013. This signifies a trend change and while it may not be straight down we may see a consolidation between 3-6k before breaking down lower and bottoming out soon. Not much to say here but my Twitter page has content updated constantly. The only way we become bullish again is if we regain the channel, but the sell off below the channel (from 8k-4k) is so significant that we have reason to believe this is the beginning of a multiyear bear market.
Bitcoin will go over 50k eventually. Just not yet.
MASSIVE BITCOIN SELL-OFF. WHERE AM I LOOKING TO GO LONG? So Bitcoin ploughed through all supports like they were nothing and totally rekt any breakout traders who traded that triangle breakout above 9200.
Anyway, here we are. So what now?
I think we are still at the mercy of global markets and are highly correlated to them. In the short term i think we still head lower into the monthly levels at around 7560 and then ultimately around 7150 ish before we see a substantial bounce and possible reversal into the halving.
I will start scaling into a long in the box area on low leverage for a long term swing into and beyond the halving.
BTCUSD - possibility for advancement man im bullish on bitcoin, really bullish. i think it could break out right now, maybe tomorrow but honestly, this would be max-pain scenario. spend the next few weeks looking to make a new lower low in the 9100 area before really rocketing off. get some bears super trapped.
BITCOIN | SHORT Squeeze - FIAT will BURN 💯🔥Welcome back guys,
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Fundamentals are at ATH on Bitcoin,
The technicals I see is we are on a CLEAR uptrend, if you're shorting or waiting I consider taking a look at these technicals first:
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1st: Trendline broken and retested yesteday making a bullish hammer on the daily timefrime, which seems to be printing another one today adding more rejection to the downside.
2nd:Previous structere (green rectangle) respected as support and confluences with the 38.2% retracement from the bullish move up in 2020.
3rd: We're still above the trendline
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So, if you're going to hold your USD or short BTC I would be very careful because there is no exit room for USD and this fraudulent monetary system, I'm not a moon boy but this is clearly a uptrend! Digital gold.
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See you on the next one!
BTC more signs of a bull run regardless of Iran US conflictSince BTC is already digital gold and adaption is just the next step. Considering that BTC was pumping along with January effect and the conflict between US and Iran. Let's consider that I was bearish already during this phase of consolidation from January 8-13 where Iran and US expressed concern to end conflict to not escalate a war. BTC then consolidated and was bound for correction on my analysis. But I was proven wrong and for me BTC pumping was unlikely from here. But it did...So in conclcusion if BTC is pumping even out of the Iran and US conflict which is already fading away...then we can consider this a sign of a bull run. Let's still see
BITCOIN Breaking point for a bull runSince the chart above mentioned the RSI 14 weekly showing signs of btc on a bull run or not..in a candle stick perspective we're already right exact at the resistance area of BTC and it will show either we have a retracement-pullback then go back up to a bull run. Or...this is alraedy the top and another correction dowanrds to $5,500ish. Call me repetitive but I have been saying since Novemeber BTC bottoming is possible already. Inline with January effect, halving and technical indicators showing up. BTC coming to a bull run this January is possible. Notice on the same China pump before there is a bearish divergence HTC present at MACD, RSI CCI. Now there's no bearish divergence at MACD only at RSI, CCI. It's possible this is just a retracement-pullback only.
Bitcoin catalyst bull run or not...Notice if BTC goes and finds support above RSI 14's 50-52 level. It says in the bull run regardless of bearish divergences which are irrelevant at uptrends. If it's below it, it's a bear run. We're now at the breaking point where BTC will either break above these levels and confirm a bull run...or not.
OST/BTC LONG - 196 satsHey everyone!
So many setups developing in the market right now.. It's actually quite crazy
I present you a valid upside setup on #OSTBTC with a good Risk-Reward-Ratio, valid Fibonacci as well as nice balance - shown in blue.
When I mention 'balance' I mean this: the drop from our 1H to 1L is steep and quick, whilst the decline from our 2H to 2L is gradual. I like to think about it as fearful sellers getting out on the first downward impulse, and the second impulse is comprised of mostly impatient sellers who want to allocate their money somewhere else.
Either way, both of these are critical as this allows for the weak hands to get out and enables the market to move to higher levels in the future as a lot of the selling pressure has disappeared during the consolidation period.
So here is, a beautiful, textbook setup in OST
Take care,
Vlad The Crypto Trader
Bitcoin Sideways?We missed MA 21 weekly by a small margin. It could be concluded that we have tested it although we did not touch it which we could still witness but it is highly unlikely for BTC to break down from that, I see everybody calling it for months now but here is some more evidence from history where we stand in the above given chart. I believe we will have side ways action on BTC for 4-6 weeks at least which may give some space for ALTS to breathe.
Pls DYOR this is not a financial advice, Thanks.
BITCOIN The bottom is in. Would you miss this chance in 2015?Similarities of now (2019) and then (2015) showing that the bottom is already in and after some months of consolidation we will start seeing higher and higher prices.
* RSI 2019: the RSI peaked at 96.2700 on the ATH then dropped to 43.800, near the level it is currently consolidating. The bearish MA cross took place with the RSI at 53.550.
2015: the RSI peaked at 96.6500 on the ATH then dropped to 44.100, where it consolidated until the bullish MA cross validated the start of the next bull market. The bearish MA cross took place with the RSI at 53.750.
* MACD 2019: After the bearish cross we had 7 straight months of descending bearish readings. The bearish cross took place with the RSI at 53.550.
2015: After the bearish cross we had 7 straight months of descending bearish readings. The bearish cross took place with the RSI at 53.750.
Technically the next bullish MA cross justifies the next bull market and should keep from now on an ascending bearish sequence until the cross. October 2019 can be the date. The RSI should be around 57.100.
For me we are trading on the most optimal buy levels and although Bitcoin will consolidate some more for a few months, such a long term opportunity most likely won't come along again.
We should be looking at the bigger picture. The same picture that some took advantage of 4 years ago.
Bitcoin: Does the Longs/ Shorts spec signal a trend change?On this study we take a look at the Longs/ Shorts speculation. During this bear market, every time the RSI was oversold, it gave a Sell Signal. On the other hand during bull markets, when the RSI is oversold, if gives a Buy Signal. Quick conclusion: every time the RSI is oversold on the Longs/ Shorts, the price action follows the underlying long term trend.
The obvious question emerges. When do we know the market trend is changing?
Well that is the key and of course we have to use various indicators, from various studies to make an approximate conclusion.
On this Longs/ Shorts speculation study we have identified a sequence (illustrated by the Rectangle) that signals a trend change. The fractals before the trend changed last time from bullish to bearish, appears to be similar to the current sequence. Will this lead to a trend change? If the sequence continues to print the same candles it just might.
Keep in minds that this is only a study using a less frequent indicator. It is intended to broaden our long term perspective and add value to more technical analyses such as those below:
Bear Run End is Near.....BitcoinNow a days btc is going to sideways, not so much movement.
BTC 1D Chart looks like a forming a triangle, which is going to end..
We may see price of the bitcoin heading towards $7300-$7400 in 1-2 weeks, then a slow decline to around the $5,950-5,850 range .
$5700-$5850 IS STRONG very Support we all know that,
There is a support trendline , which meets near the end of the triangle ,
From this level i can expect starting of a bullish rally.
BTC Dominance increases gradually, so i don't think that the price breaks the $5700 support.
4Hr Chart looks bullish
THIS IS NOT THE END,... This is Just Beginning..
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Disclaimer:
I am not a financial advisor. Please do your own due diligence when it comes to investing. Never put in money that you cannot afford to lose.
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
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Are Bitcoin Bulls Ready For A Run?Bitcoin has a short-term bullish signal setting up. As you can see on the chart there is an inverse head and shoulder visible from a 30 or 60-minute timeframe. The neckline comes in at 7397. With a break of this, I'll be looking for a retest of the recent high of the previous swing (7700). There are Squeezes setting up on both a 30 and 60-minute chart right now:
If this plays out, you would typically expect the move to last 4-8 hours based off those shorter time-frames. We're still in a pretty important area for Bitcoin and the rest of the crypto market. If bulls aren't able to break the downtrend we've been in, I wouldn't be surprised if this run is short lived.
Bitcoin Bulls stalled outBitcoin bulls ran out of steam and stalled out at $9900 last week then failed it's attempt to break back through $8700 this weekend. It's pulled back about 50% of the +$3000 gains it had from the middle of April thru the first week of May. All of the Consensus hype about big price action actually was just the opposite. We could continue to have another 2 weeks of volume decline. When the volume dips hard, the price dips harder. If we dip hard, I expect to find next support level at $73xx. If it falls under that range, the volume will dry up and we could re-test $6800 in 2 weeks. Then a 3 week rise back to test $10k in the final week of June.