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Bitcoindollar

Bitcoin Bearish Scenario before 100KBitcoin just hit the top of its major channel and rejected with an engulfing weekly candle similar to the top back in Dec 2017 bull-run. The last bull-run in 2017 ended with a %958 growth in price from $1,800 to almost $20K and made a correction of %67 (0.382 fibs level) before the crash caused by Silk-Road shut down. Now Bitcoin just went up as %958 from the last crash of March 2020 to almost $58K. If the market cycle repeats itself I expect a %67 correction to 0.382 Fibonacci level which is at $20K and the mid-line of the major channel and the bottom of the red ascending channel before the next top at $100K in 2022. This analysis will be invalidated if a weekly candle closes above $62K
BNC:BLX
by farhadnmd
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. Discipline are the key to success - Take profit - Learn from your mistakes and never give up! The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally. if this appeals to you then learn yourself first before starting with trading. Follow/like for more --> thank you #Always do your own research don't follow us or someone else blindly
Long
by watchtrend
1
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
Long
by Babenski
38
💡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 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex trader? Now, It's your turn! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
74
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 !
by Copytrade_TV
1