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Bitcoinforecast

BTC Bottom Update...Only IF it doesn't bottom by the 25thThis will be the chart I go off of if the market doesn't crash. If it doesn't then we will be slowly fading until (1+√5)/2, meaning 5/12/23 or May 12th '23 even thoug the Gann Star extends to the 18th. We have some very important moves in the next few day, and if you've been looking at the RSI's and stuff, you can see we are about to make a move down. I'll show a close up from another chart that im working on that shows the details of the next few days. You can take a look at the difference between this chart and the Linked Ideas of the Third Eye Intuition and see that i change the 0.5 of the gann star. Keep your wits about you.
BITFINEX:BTCUSD
by CryptoWhether
4
Bitcoin – last pump before correction!Hello, everyone! Making many mistakes last couple of weeks I am not going to give up in learning how to trade using Trading Chaos by Bill Williams. I don’t know why, but I believe in this approach. I decided to switch to the 1h time frame to have more practice. Today I am going to show you my next trade. Let’s take a look at the WHITEBIT:BTCUSDT chart. Looking at Awesome Oscillator we can conclude that the wave 3 has been finished and minimal requirement for the wave 4 end also has been met. I am going to catch the wave 5. Here we have the fractal signal at $22974 . If the Bitcoin price will cross this level it means that this trade become active. Here we have the clear stop-loss below the down fractal at $22637 . I am going to use this trade. Let’s see what happens. Best regards, Ivan ________________________________________________________________________________________________ If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
Long
by Skyrexio
16
BTC/USD POSSIBLE CORRECTION From technical point of view we can see that price came to the upper trend line which is the copy paste of lower trend line. From psychological point of view I see a lot of FOMO. "bull run started" "load your bags or stay poor" "generational lows" "what if I missed a bull run again. I need to buy now" When you look at the WALL STREET CHEAT SHEET - PSYCHOLOGY OF MARKET CYCLE I see another (probably last) push lower which is the step from anger to depression. ( link to Wall St. cheat sheet psychology of market cycle therobusttrader.com ) On a long run I still think that these levels are good levels to get in but you can face at least 30% drawdown . This is only my point of view. Do your own research and trade your own analysis.
BITSTAMP:BTCUSDShort
by Cognitiq
3
Bitcoin Analysis short termHello Traders, this is my weekly analysis for btc from TA perspective : Btc was moving in impulse wave, with confirmation in swing ratio and volume. Is now showing volume divergence and momentum divergence, that indicate reversal soon. Am still expecting wave 5 to be happen after small retrace towards around 21.3k - 20k to touch MA200 (Daily) once again. Will patiently wait for PA for long in that area. Won't short because the price still in strong bullish move, unless there's clear PA. Cheers!
by PakRT
btcusd sell side prediction Hello all dear my observation is if price going up and mitigate price 22998 to 23362 to and Didn't break this level then price came back to 22442 level if price break this level 22 44 2 then we can assumption price my demand zone which is 21539 to 21144 and price Go up from this level I am break this last high I need to scissors level 2 buy from this level wait for confirmations and something must manage your expectations and relate with your trading system then Position sizing and enter thanks
BITSTAMP:BTCUSDShort
by gaziomar
2
Bitcoin Pump: How High Can It Go?Today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD). Bitcoin price has been pumping recently. So where could the price get up to before a retracement? I used the VPVR (Volume Profile) and Fibonacci Retracement to get an idea of where the price will see resistance and possibly heading back down. RSI is very high so a retracement may happen earlier. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #millionaireeconomics
BITSTAMP:BTCUSD
by MillionaireEconomics
Bitcoin Analysis21.01.2023Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
by basictradingtv
35
🟡 The Most Popular Myths About Bitcoin Debunked 🔑During the existence of bitcoin and other cryptocurrencies, a large number of erroneous judgments have appeared about them, which continue to spread among people even now. This leads to cryptocurrency being treated negatively, as the vast majority of myths about digital currencies are aimed at discrediting them. In this article, we will look at the most popular of them and debunk them for good. Bitcoin Can Be Hacked Cryptocurrencies are created based on blockchain technology, which organizes a database consisting of a chain of blocks. Each successive block has information about previous blocks. Such a database is stored simultaneously on all computers of the system participants. This technology is based on the principle of decentralization, that is, the database is not in one place, and all the computers participating in the system, form a network. To affect the network in any way, it is necessary to get 51% of its hash rate. Only then will it be possible to make changes to the transactions and impose their acceptance on a minority. Bitcoin's computing power is distributed all over the world, and to try to take over the network, a large amount of hardware has to be combined. Still, mining companies will not destroy their source of income. And even if someone decides to attack the system, it will at most lead to failures, which will be eliminated with emergency updates. However, cryptocurrency exchanges and other digital money services are vulnerable to hacking. Bitcoin Is Not Backed By Anything Back in 1971, the U.S. authorities abandoned the Bretton Woods system (the gold standard), and the U.S. dollar lost its peg to gold. Since then, the U.S. currency has not been specifically backed but is directly dependent on the country's financial stability. To understand what bitcoin is secured with and how its price is formed, it is necessary to consider the value and functionality that the cryptocurrency presents to its owner: Anonymity. No one monitors bitcoin transfers and has no right to influence (cancel or suspend) the transaction in any way; Low commissions. In the network of the main cryptocurrency, there is a fixed commission for transfers, which is set based on the load on the network. It means that the commission will be the same if you transfer $100 and $100k, as well as any other amount; Speed. Bitcoin transactions are usually instantaneous. Allowable delays range from a few minutes to one hour, depending on network load; Limitlessness. You can transfer bitcoins anywhere in the world. The main thing is that the recipient has a cryptocurrency wallet. Thus, bitcoin allows making anonymous payments and money transfers of any amount, regardless of the location of the sender and the recipient of the cryptocurrency. This factor, combined with bitcoin's limited issuance (21 million coins), determines the demand that subsequently forms the cryptocurrency's price. Bitcoin Is Used Only By Criminals The anonymity that cryptocurrencies give does allow the use of digital coins in illegal schemes. But, in this case, it is no different from cash, which is also used in illegal activities. Last year, bitcoin began to be actively bought by large companies to protect against inflation and other risks of the traditional financial market. For example, the main cryptocurrency of $1.5 billion was purchased by Tesla. According to CEO Elon Musk, Tesla sold 10% of bitcoins at the end of March and recorded a profit. The oldest U.S. banks, such as Morgan Stanley, Goldman Sachs, and JP Morgan, are also showing interest in cryptocurrencies. The latter is already preparing to launch its first actively managed bitcoin fund. Goldman Sachs will also make cryptocurrency investments available to clients. Bitcoin Is A Bubble Back in 2010, the price of bitcoin was less than $1, but now it is worth more than $23,000. Other cryptocurrencies have also seen their prices go up by hundreds or thousands of times. This gave reason to compare the cryptocurrency market with a bubble that will surely burst, and investors will be left with nothing. First of all, let's understand what a bubble is. It is an economic cycle of trading an asset characterized by an unsustainable growth of its market value. One of the first examples of such a bubble was the rise in the price of tulips in the Netherlands in the 17th century. At that time, their value soared tenfold, and never recovered after the collapse. There was also the famous dot-com bubble at the beginning of the century. Back then, the value of Internet companies soared and collapsed dramatically in a short period of time. Bitcoin and other cryptocurrencies have been around for more than a decade. During that time, they have gone through several cycles in which their value rose and fell. However, after all, previous falls, bitcoin has renewed its price records. Along with it, the entire cryptocurrency market grew. As analysts explain, cryptocurrency fluctuations form a pattern typical of young markets. They expect assets to rise and fall with smaller fluctuations over time, and the time between these cycles will increase. That is, the cryptocurrency market will become more stable and predictable. Buying Cryptocurrency Is Difficult Many potential investors are deterred from buying crypto assets by their lack of experience. Since it is a new and technological tool, it may seem complicated. In fact, it is possible to invest through special exchanges, mobile applications, or other trading platforms. The registration procedure on them is usually no more complicated than, for example, creating an account on a social network or in an online store. As a rule, the major exchangers ask to confirm the identity. To do this, it is necessary to upload a photo of the documents. This is a requirement of the world's regulators, which helps make exchanges more secure. However, those who value anonymity can also find exchanges where there are no such requirements. The process of buying cryptocurrency itself is also simple. To do this, you can top up your account and use it to make purchases or pay with your card directly for each cryptocurrency purchase. In terms of complexity, this procedure can be compared to recharging a cell phone or buying goods. One Needs A Lot Of Money To Buy Cryptocurrency Most people learned about the existence of cryptocurrency when the price of bitcoin reached tens of thousands of dollars, which would seem to immediately cut off investors with a budget of a few hundred. In fact, all services allow you to buy a share of bitcoin or another cryptocurrency. The minimum amount for which you can buy a cryptocurrency may vary from site to site, but usually, it's only a few hundred dollars. If you buy a bitcoin or other cryptocurrency, you will earn on its growth, as well as those who operate with tens of thousands of dollars. If an asset doubles in value, for example, then the investments of everyone who holds it will also double. The same will happen if the crypto-asset becomes cheaper. Only Pros Can Make Money With Cryptocurrency There is a widespread belief that buying cryptocurrency is similar to trading on the forex market. They say you have to buy it when it goes down in price, sell it when it goes up in price, and so on in a circle. And in order to do that one has to understand its trends, news, and reasons for daily price changes. Of course, that's how traders make money. However, most crypto investors are not actively trading. They only buy bitcoin or other tokens and wait for them to rise in price. This strategy is used by those who see the potential of cryptocurrencies in the long term. The superiority of this strategy is ease. You don't need to check the exchange rate every day and monitor the news. Cryptocurrency Guarantees Anonymity This myth arose because cryptocurrency allows for transactions outside of the banking system. There are also anonymous wallets, for the creation of which it is not necessary to enter any personal data. At the same time, it should be taken into account that any transaction is recorded in the blockchain and saved forever. This means that if bitcoin has been in a wallet that is associated with criminal activity, no matter how much it is sent to other wallets, it cannot be "laundered". Law enforcement can access the blockchain data and track down the person who made the transactions. However, because this procedure is complicated, it is used only in special cases. Everyone Who Buys Cryptocurrency Will Get Rich There are a lot of stories about people who bought bitcoin when it was worth a few hundred and woke up rich a few years later. Similar cases occur with other coins that have increased in price tens or hundreds of times. However, this does not mean that everyone who buys cryptocurrency will certainly get rich. Keep in mind that these are risky assets that can both rise and fall in value. In addition, their volatility is higher than that of stocks, real estate, or fiat currencies. Therefore, experts advise keeping 5% to 10% of their savings in crypto-assets. Cryptocurrency Is A Vogue, And It Will Go Away Soon A few decades ago, computers and e-mail were of interest only to a very limited number of technology enthusiasts. When Steve Jobs said that soon computers would be in every home, he was surprised to be asked, "what are they there for?". The same thing is happening now with cryptocurrencies. So far, they have been used by a relatively limited number of people. But today's cryptocurrencies create ecosystems that, according to analysts, will continue to evolve, and there will be more and more practical applications for them. There is growing interest in decentralized financial programs, which are safer, more reliable, and cheaper than the current systems. Tech giants are exploring ways to merge the real and digital worlds, using blockchain technology as a building block for this. States are thinking about creating their cryptocurrencies. So virtual assets, of course, will evolve and change but will remain with the technology on which they are based. Conclusion New tokens appear all the time and, quite possibly, some of them will increase in value hundreds of times. At the same time, some of them will depreciate or disappear altogether. Therefore, professionals advise diversifying your cryptocurrency portfolio: keep most of the funds in popular cryptocurrencies, such as bitcoin or Ethereum, and only part of the funds should be spent on new projects that seem promising. This will allow you to keep a balance between risk and reward.
OANDA:BTCUSDEducation
by FOREXN1
17
Where is BTC headed following the latest pump?In this post i will be discussing the potential next move for Bitcoin after today's pump. Using the Fibonacci retracement tool, we can identify key levels where the price could potentially retrace. By drawing the tool from the bottom of the move to the top, we can see that the price could retrace to the fibonacci gold zone between $21,867 and $21,647. This area is crucial as it's almost a guarantee that if the price rejects off of this area, it will hit the first price target of $23,512. The second and third price targets are $23,512 and $23,952 respectively. Finally, a riskier take profit would be $25,815. It will be interesting to see if the price will follow this Fibonacci retracement pattern and reach these targets. What do you think? Like and comment to let me know what’s your take. Also, VERY IMPORTANT! s3.tradingview.com Follow the arrows... Thank y’all *Note: This post was generated by ChatGPT (Generative Pre-trained Transformer) with my input.
BLong
by Robin_Nakamoto
#Bitcoin - Only 88.000 USD possible till May 2025 #BTSUSD!!! Thumbs up and also look at the old linked chart from June 2019 and press "Play"!!!! You will like it, too ;-) The price patterns of the Bitcoin of the past years once again presented as an updated overview. Should the patterns repeat in the same ratio, then I would come to "only" 82,000 USD to 88,000 USD per Bitcoin and no longer to over 100,000 USD with a bull market weaker by a factor of 5 times (417% )than the previous upward movement of 2,089% Greetings from Hannover Stefan Bode
BNC:BLXLong
by StefanBode
6
Finally, Bitcoin did it!Bitcoin renewed its previous high, and the price closed above this level. It's a great signal, but now it will be better for everyone if the cryptocurrency market starts to correct to the $18,500-$19,500 zone. In this case, the market will cool down and bitcoin will be able to continue its organic growth to $30,000. In the case of strong parabolic growth, we will face a strong and long drop. All my 6 years of trading experience, knowledge, developments, and indicators I share them here in ideas for free. In return I will ask you just follow me, like this post and leave a nice comment, it will allow me to move faster and make more useful content! 💚💚💚
INDEX:BTCUSD
by Yaroslav_Krasko
6
BITCOIN : Next Resistance AreasHello everyone! Well, in the last few weeks we have been following Bitcoin (see chart below) with interest, from a technical point of view, despite our Long Trade , the trend still remains bearish, so I share my next resistance areas on the daily chart. Previous Analysis: (click on chart below) If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below. thanks for your attention and please... trade with care! 💖
by TheAnonymousBanker
3