Possible bitcoin increase - Michael saylor increase possible nexHello friends,
Possible Michael saylor increase next hours as the full inest payment are collect.
The expecting trend area a breakout by volume trend to 50k+ --> the high target 53.3 still possible in this case.
we know that Michael saylor have done this before more times depending on him website microstrategy.
its counted the possible day for increase trend - and depending on that info, today are the day.
we will see that next hours.
Price now:
Around 48900
What means this?
That there is a high possibility that saylor will make the order today, depending on the info. the info coming from good source and with counting the days depending on the website microstrategy.
# Know that 80% of our expections are right - this depending on high TA and trends.
# there are some info that says: Micheal saylor have collect the amount, and ready to use it for bitcoin.
we will see how mutch this will have effect on the price, or this can save the breakdown trend.
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Bitcoindollar
BTC Update : important levelsBTC / USDT
Bulls successed in breaking out upward from previous falling wedge (yellow color) which let us started a new bullish wave to 52k
Now :
Potenial ascending channel spotted ...price can bounce from the Channel bottom here or from green area (strong support zone 47-46k)
For bulls in current situation the most important support level around 46-47k(we can see this level supported the price yesterday too )..as long as we hold this level i see no problem for trading alts
Good luck
💡Don't miss the great buy opportunity in BTCUSD@Bitcoin". There is a possibility of temporary retracement to suggested support line (48280. 40 ).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 52640.00
TP2= @ 55018.00
TP3= @ 56600.00
TP4= @ 58400.00
TP5= @ 61100.00
SL= Break below S2
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Plain and Simple Bitcoin Daily Analysis - 3/2/21Plain and Simple Bitcoin Daily Analysis - 3/2/21 BINANCE:BTCUSDT
Allright, yesterday, we had some little surprises , driven by fundamentals aka Microstrategy aka Goldmann Sachs news
But will this movement last ?
I'm not so sure, as there is still a lack of confidence lurking over the market.
Right now, the morning 8AM +1 GMT seems fine on the 30mn chart, but overall, the 4 hours give us a bearish perspective.
Today would be again an extra carefull day as we might revisit 45K, maybe lower
Wait and see. Don't get blindly long at that point.
You want to remain a calm observer, with 0 emotions.
And remember, the market is a b..ch, trying to take the money right out of your pocket for a cheap and short moment of pleasure.
I would recommend to use 0 to 1/4 of your position on leverage, not more, right now.
See you all tomorrow, and don't forget to smash that like button !
Bitcoin to 53.3k hum look good now!The recent #Bitcoin #BTC pattern can bring us to 53k pretty soon. A breakout of 42k would be a confirmation. Wait for a close over 42k that will confirm.
Best to you ! Damn this was short !
Falling wedge patternWe are seeing falling wedge pattern.
At this moment BTC is in bearish scenario (doing lower low + lower high).
To turn bullish in short term, we need 2 things:
1) Break up the falling wedge, with explosive buy pressure;
2) Break RSI above 55 level.
It's a risky time to do any trade.
We need to see the next moves.
Bitcoin - Support at 48,300 and 43,100Bitcoin looks way healthier than Ethereum and seems to be finding support at 48,000.
In case it is broken, the 43,000 level is an unchecked and yet very strong support level.
Given the interest of many new whales to acquire Bitcoins the price could fundamentally and technically be proposed for new Long positions.
wutt do i knows?btc is still correctings in my opinionz... down to $37k, if that fails, down to $33k. we can not go further down otherwise we are officially bearish. wouldnt even ride the slopes til it retests $20k. in 2017 avg 30%+ correction happened 7 times during the parabolic run, with a 34% average in correction, and 38 days in between on average. overall bullish.
Bitcoin 60k or 30kA sharp fall of more than 10,000 Dollars on Monday just showed that how manipulative the price of BTC could be without any regulations. Such things do occur frequently in crypto space and that's why only whales end up in profit. If it does not give a healthy correction of about 35-40% which is aroudn38k then it could crash within a year to about 75- 80%
Bitcoin- New leg down towards 42k?In yesterday's comment, I said that I expect a dive under 50k and a new leg up and at least I was right with the first part. Bitcoin took a dive to my buy zone and reversed strongly afterward.
This reversal was stoped by the 55k strong confluence resistance and the main crypto is starting to roll back down at the time of writing.
From the technical point of view, BtcUsd si under confluence resistance given by short-term trend line and horizontal support and adds are not in crypto holders favor.
In my opinion rallies towards 55k should be sold with a target of around 42 previous ATH.
For a bullish perspective, bitcoin needs to pass above 55k AND STAY THERE!