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Bitcoindollar

Bitcoin back above 40k. How bullish is this? Hmm, not so muchAfter finding strong support and demand in 30k zone, Bitcoin rebounded again and people are calling again for new ATH and 100k, but how bullish is Btc? From a technical perspective, not at all... The main crypto is still trading under 42k zone strong resistance at this point and even a break here would not change the bear trend, just expose 47k zone. Indeed, short-term traders and speculators can look for buy opportunities, but from a "hodl" perspective Bitcoin is still at a high price. Just my opinion though...
COINBASE:BTCUSD
by Mihai_Iacob
25
Multiple Patterns On The Hourly BTC/USD chartFor the past few days, it looks like an inverted H&S pattern (highlighted in yellow) has been forming. The length from the head to the neck implies that BTC will ascend toward the mid 40s if it punches through. Zooming out a little further, a descending wedge pattern (highlighted in blue) looks visible. BTC has bounced from the upper line of this wedge five or six times, indicating some obvious resistance. The red line is the previous resistance line from the fierce downtrend last week, which may now act as a level of support, should BTC remain within the blue wedge pattern.
BINANCE:BTCUSD
by UnbearabullTrader
Fib Levels for Bulls to watch on the way back to ATHFib Levels for Bulls to watch on the way back to ATH. Ultimately the market will be expecting a "return to normal" / dead cat / bull trap and so this might be self fulfilling. Any meaningful increase in price has to be analysed against the potential downside risk as a result until we are in the clear. I would consider a meaningful move above $52k as a sign bullish sentiment is back. Despite this, the movements in alts have shown retail confidence still exists, so we should hopefully see a positive response to the current painted bottom of $30k.
COINBASE:BTCUSD
by Wynnsa
BTCUSD: Seen thousand times. But VMA200 shows us a great DETAIL!Hello my friends! Okay, you know this kind of charts. Many have already posted this. Me too. But nevertheless I would like to point out a special detail: Daily VMA200! The Volume Moving Average is a basic technical indicator representing the average volume over a specified period of time. The D VMA200 is a very good indicator for the main levels of BTC imo. We also know this levels from the Bitcoin stock to flow model. Bitcoin stopped exactly at the VMA200, as in 2018. But this time it's different. We are in an early stage after halving. What does that mean? The VMA can be understood as an extremely strong support line, continues to indicate an uptrend. One thing is certain, we will now see a strong pullback. What might the final period look like now? I see here a course as in 2019. That would mean the price of today would either increase by a factor of ten , to fall back after to the stock flow level of 115k. HINT: This is one of the best charts i know. It is from @WyckoffMode ( www.tradingview.com ). Thx to him. s3.tradingview.com -- Let's see what happens. Happy trading. :-) -- My Post May 23, 2021 My Post Apr 18, 2021 My Post Nov 19, 2020 My Post Apr 15, 2019 (2 year ago!). I was one of the first btw. ;-) --
BITSTAMP:BTCUSD
by BTCINVESTING
51
TheKing ShakeoutEverythings goes up have to go down. Some traders were expecting this crash but the panic it caused made BTC go deeper than a logic prediction. Those kinds of fast Shakeouts are orchestred by big Whales to create some fear and eliminate weak hands, but for smart money investors, it's just a very good buying opportunity. Don't compare btc price with actual one on exchanges cuz BLX price is not adapted. - Target to 100k is still unchanged. So after this fresh fast crash i will just link my older analyse on BTC roads. i just adapted on this chart EMAs in correlation with the actual growing price. Happy Tr4Ding !
BNC:BLXLong
by thecryer
6
BTCUSD: Are we at this place? 100+K still possible.Hello my friends! Yes, we can not really compare 2017 with today. And yes, the correction of the last few days was lower in % than 2017, but that does not mean that we are not at a similar place. I still remain, we are still in a bullish overall scenario. Let's see how the price moves in the next few days. -- Let's see what happens. Happy trading. :-) -- My Post Apr 18, 2021 My Post Nov 19, 2020 My Post Apr 15, 2019 (2 year ago!)
COINBASE:BTCUSD
by BTCINVESTING
49
Bitcoin 2018 -> What happening here? We got same accumulating phase we got same break we got same crashed then we got same -> accumulating phase and after ATH + Supply demand zones at ATH we broke we start huge rally, why? Because here always start huge news in TV,Internet, Twitter everywhere. Mainstream going Public -> Greed -> New Paradigm. I'm wont say anything it happening about now but we talk in next Idea. (Because i'm still cant put URL in ideas need 10 reputation) We again got same patterns like before and now in 2018 market. Big crash big buys and got huge volatility because creating new cycle. Also starting again start same fuds like 530M worth hack of largest Japan exchange like (2013) But biggest problem we got same channel.
BNC:BLX
by Jullkio
Bitcoin 2013 vs ->Okay guys let's talk about Bitcoin in 2013 everyone said its can be same like now and what we seeing? We got same accumulating phase we got same break we got same crashed then we got same -> accumulating phase and after ATH + Supply demand zones at ATH we broke we start huge rally, why? Because here always start huge news in TV,Internet,Twitter everywhere. Mainstream going Public -> Greed -> New Paradigm. I'm wont say anything it happening about now but we talk in next Idea. (Because i'm still cant put URL in ideas need 10 reputation)
BNC:BLX
by Jullkio