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Bitcoinforecast

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
#BTC/USDT is breaking every resistance, What's next?BTC broke out of every single resistance without any retracement. This shows how strong this uptrend is. In this daily chart, there's no solid resistance but $28k-$30k. Lower support is around $22k , $20.7k This is an important development in the price. However looking into the weekly chart, BTC will face significant resistance around the $24k-$25k area. So what's my plan? I will hold on to my BTC long position which I longed publically for around $16400 and keep some USDT aside. Alts in BTC pair will bleed when BTC pumps like this. IMHO the best thing to do is to hold BTC and long the Altcoin dips on leverage. NO FOMO longs though. Wait for the red day to long. BTC will face resistance around the $24k level once it breaks that level the target will be $30k. This is not financial advice, DYOR. Let me know what you think and hit the like button if you like it. #PEACE
Long
by Cryptorphic
13
BTCUSD: The bottom is in! 🚀The Indicator Pi Cycle was been very accurate in the past. It has been quite effective in determining tops and bottoms. About Pi Cycle Indikator TOP: It uses the cross of 111 day SMA and 350x2 day SMA. About Pi Cycle Indikator BOTTOM: It uses the cross of 150 day SMA and 471x0.745 day EMA. And the RSI is below 50, which is also a clear bottom signal imo. My recommendation as always: Buy the dips and hodl. 😀 -- Let's see what happens. Happy trading. BTCINVESTING -- -- My Post Apr 17, 2021 "BTCUSD: Whats about PiCycle? A bearish signal?" My Post Dec 15, 2021 "BTCUSD: Difference - Bearish Downtrend | Bullish Accumulation" My Post Apr 15, 2019 (3 year ago!). I was one of the first btw. ;-) --
INDEX:BTCUSDLong
by BTCINVESTING
62
Bitcoin The Decline ends in November 2021.Prime Levels (Special Software) Buy early - Sell early Trading Levels The suffering will end in November 2021. It is not investment advice. Crypto is a very risky investment. You can lose or fold all your deposit. Share your risk. Gradual buy-sell. Trust yourself. 27199 Stop-loss We are still buying seeds. Our profits have dropped a bit, but our customers are still very satisfied. Min 20400, 19800 , 17400, 15800 ,12200 Max 58900, 48600, 45400, 43800, 39400 Let's draw some pictures and watch. 0 31926 61504.5 2817 33334.5 62913 5634 34743 64321.5 6573 36151.5 65730 7981.5 37560 67138.5 9390 38968.5 68547 10798.5 40377 69955.5 12207 41785.5 71364 13615.5 43194 72772.5 15024 44602.5 74181 16432.5 46011 75589.5 17841 47419.5 76998 19249.5 48828 78406.5 20658 50236.5 79815 22066.5 51645 81223.5 23475 53053.5 82632 24883.5 54462 84040.5 26292 55870.5 85449 27700.5 57279 86857.5 29109 58687.5 88266 30517.5 60096 89674.5
Long
by TraderEtc
The Market Maker PlanHello traders, Today I'm going to share with you 'my idea' about Bitcoin in weekly time frame. As we can see in the chart this crazy move on Bitcoin made every trader skeptical. Market maker needs volatility before dumping the market and as we can see before the pump the market was moving slowly and we reached the lowest volatility of all time and ofcourse it won't dump before collecting volume and liquidity. Market makers started to promote on their social media that bottom is in which is not correct in my opinion. why? Have you seen a crash without an uptrend? I don't think wave 5 is too short so I think we are still in a bear market I don't see any bull market from here, it's just normal volatility inside wave 4. and many indicators doesn't show that we reached the bottom yet. Yesterday I checked the weekly EMA because every decent investor will check it out before making any move and I found that 50 EMA has crossed with 200 EMA which is " The Death Cross ". - In my opinion wave 4 has not been ended yet but it's about to end! - The big Falling Wedge has not broken yet. - We are still in a correction and I think this is ' Running Flat Correction ' inside wave 4 where prices tends to bounce from support and resistance. #Running Flat Correction: Wave B terminates beyond the start of wave A. Wave C terminates before the end of wave A. - Wave B = 123.6% of wave A - Wave C = 61.8% - 100% of wave A I consider this time wave C will end near 21,500 - 22,000 and there I'm gonna short the market based on my strategy. Let me know in the comment down below do you think bull market has started? and why? Non of this you can use as financial advice! always do your trade based on your analysis and strategy.
Short
by aboLsis
13
Bitcoin Urgent Update!!Hello Traders and Investors. I hope you are doing well. My crypto indicators say there is a strong resistance zone ahead. Right now it's a $22,700 to $23,600 zone. (Sorry, according to the rules of trading view I can't show my paid indicators for free, they block my ideas for that. That's why I tried to find a way out of this situation and drew them figuratively. Unfortunately, I can publish indicators only in twit$er) Bitcoin is squeezing up to the previous high of $21,300. In case it closes above the level, the price will continue moving up, and the nearest target is the resistance zone I wrote about above. Locally Bitcoin is oversold, so expect a correction or consolidation. It will allow to gain strength and cool the sanction. In case of a correction, I've marked an interesting zone for buying and opening positions: $19,200 - $18,500. A possible scenario is that the price will immediately test the resistance zone above, and only then there will be a correction. 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
Huge Falling Wedge on Bitcoin chart I don't like trading technical analysis patterns. But the wedge pattern is probably the only sensible pattern of all. On the Bitcoin chart, we see that the price has broken through the upper boundary of the wedge. According to the rules, the figure's target = its height or the first peak (right now it's $25k). 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:BTCUSDLong
by Yaroslav_Krasko
BTCI want to say bottoms in but really can't, all prior corrections have corrected around 84-86%. Now that doesn't mean 77% correction isn't possible as this is BTC and anything is possible. But seems like there is much confluence around $10,000 and a push here to $25k would need to keep running in order to invalidate my analysis. Seems more probable that $24-$26K holds the B wave move and we get a final nuke to $10,000 to finish up this part of the correction. Looking at weekly, 3D stoch rsi and we see that BTC has hit overbought while struggling to break $22k and flip $20K into support. Monthly stoch rsi very oversold, but the longer is remains oversold the weaker the move up into overbought can be. But I think while BTC stays flat to up and finishes working out the Wave B here that many altcoins can pump. So for now jury is out on bottoms in callers IMO.
KRAKEN:BTCUSDLong
by Big_Mike716
11
BTCUSD: What Should You Expect After the Breakout? 🤨| Jan. 20Looks like the bulls have finally managed to take control after a long sideways battle. In our previous analysis posted on CoinMarketCap Alexandria, we expected the price to continue the rally after breaking above the $17,700 level. We had anticipated the price to test the resistance at $19,750, which was seen on Monday. BTC extended its gains to $21,660 before being rejected by the supply zone. At the time of writing, it looks like BTC is consolidating after the strong rally. Traders can expect a sideway movement for a few days between the range of $20,000 and $21,700. Once the price is able to break out of the sideways zone, the path to the next resistance at $22,800 will be clear. However, traders must be cautious as this consolidation could also lead to a breakdown of the support at $20,000. If this breakdown happens, expect the price to plummet to $17,700 once again. To be safe, traders can wait for a breakout from the consolidation phase. The major points of interest are $20,000 and $21,700.
by CoinMarketCap
Bitcoin: the most probable scenario 2018-2022, boring but likelyThis is assuming the market psychology is the same now as it was after the 2014 bubble/crash. If the market cycles in bitcoin work like this - bubbles of speculative exuberance followed by crashes and long reversals - then this is what we'll see going forward. And, in all probability, this is the single most likely scenario. It won't be exact but it is the most likely at this point. I saw someone claim that bitcoin has had 9 bubbles in total and i think that's just the way this market works! It's prone to bubbles! So, in all likelihood, this is what we'll see going forward. I've just drawn roughly what happened between 2014-2018 onto the end of where we are now, 2018-2022 There's plenty of space for bitcoin to grow: ETFs, institutional involvement, infrastructure developments, regulation hurdles, and when all of this affects the price, the next wave of retail investors see it going up, get FOMO, and then it gets out of hand and that could easily be the next bubble. It took 3 years from the end of the 2014 bear market to get to the bubble we saw in december 2017. So, i'd advise against predicting 50k by the end of the year. I'd love it, but in all likelihood, it will probably be another 3 years until we see the next top, and that will probably be 250-300k in late 2021/early 2022. Sorry to be slow and boring, i know we all want 20k in the next 2 months but let's be honest, we have to consider the most likely scenarios here and having a huge upwards spike now would be strange. Possible, but not the most likely scenario. I'd also advice AGAINST thinking that the market has bottomed already. It's possible, but that would be a comparatively short bear market. In 2014, it lasted for about a year before it hit the bottom. That means we could well see one more move down to 5k (or a bit less) in around october. It could be over now, and it could be just a very short bear market, but again, that's not the most likely scenario. So be careful not to get too cocky too soon! In short; it's probably best to ignore those that say we're retesting 20k in the next few months. Unfortunately it's likely to be slow and boring for the next year. And the year after that. But if you take your time there's still plenty of opportunity ahead. It's possible that the market has sped up and we've bottomed already and we'll see the next peak earlier, but that will still be at least 2 years away. Dull and uneventful for the next year, but that's how markets work.
BITFINEX:BTCUSDLong
by milobowman
9