Get started

Bitcoinforecast

Bitcoin – my insane short setup!Hello, everyone! Last time I considered 1h time frame and told you that anticipate leg up in wave 5 to the price range between $17070 and $17245 . Yesterday I opened long at the very bottom $16730 and closed at $17000 . It was the scalp trade, thats why I have not revealed it here, but you could use my analysis to execute it. Now it does not matter because I am going to show you the sniper short entry on Bitcoin. Let’s go! We are using 15 min time frame of the WHITEBIT:BTCUSDT chart because we want to see the local picture. On the 1h BTC is printing wave 5 and now we have the purpose to catch the very top of the wave 5 inside the wave 5 of higher degree. Using our favorite awesome oscillator we found the the wave 3 top. It coincides with maximum AO value. Now the market is in boring wave 4 which has the most frequent target between 0.38 and 0.5 Fibonacci retracement. If you are intraday trader you can use this information to open scalp long. My purpose it to find the wave 5 top. First of all let’s take a look at the wave 3. It has almost reached the 2.62 Fibonacci extension. It means that it’s extended, that’s why wave 5 is going to be ordinary. Therefore wave 5 has two targets: $16983 if it’s trimmed, $17056 if it’s normal. How to define the trimmed wave 5 before it happened? To be honest I don’t know, it’s tricky task. I can only consider the underlying structure on 5 min time frame. Which trading plan do I have? I am going to place limit order at $17056 and if I will see the weakness next to the $16983 I change the entry level. I want to remind you that the target for this short at the $12-14k. Best regards, Ivan ________________________________________________________________________________________________ If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
Short
by Skyrexio
19
🎁BUY BITCOIN in pullback🎁🔰You can see the analysis of Bitcoin in one hour time frame (BTCUSD_ 1H)🔍🧨 💥Considering that the price has managed to break the Down trend line🖤 and is making a pullback❗ to it, there is a possibility that the price will rise from this pullback area to the SUPPLY zone🔺🚀 ⚠❗This analysis will be violated if the price goes below the DEMAND zone and stabilizes below it⚠❗ Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 _______📈TRADER STREET📉______
COINBASE:BTCUSDLong
by TRADER_STREET
2
BTC Bottom Finder with RSI 📉Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 I'll be exploring a few scenarios for a potential Bitcoin bottom. In today's analysis, I make a use of Technical Indicator the RSI (relative strength index) over a long period of time, in other words a macro view. For more data that goes back further, I'm using BTCUSD instead of BTCUSDT. The RSI is trading in the historic oversold zone, but as we can see during the bottom of end 2014- beginning 2015, another leg down into the oversold zone is possible before continuing back upwards. This is indeed the scenario that I would be expecting, considering we have already tested this zone once but with talks of a global recession in 2023, we could see another leg down to support zone $11K before the final accumulation phase ends. I am by NO MEANS predicting the bottom date; just a simple overview that BTC is generally accumulated at a good price around this zone. Keep your eye on these 4 altcoins that have great upside potential during 2023, possibly even during a bear market as they are prone to pump and dump untimely 👀 XLM and DOT XRP and LTC _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
BITSTAMP:BTCUSD
by CryptoCheck-
32
possible Bitcoin price trade for weekendSo, the first trading week in the new 2023 is coming to an end. The week turned out to be quite calm, the price of BTC grew +2.5-3%, while altcoins showed slightly better results from +5% to +25% shown by the ETCUSDT pair. We described our expectations for 2023 in this idea: Today, the market may move a little bit, because the US unemployment rate will be published _____________Fact_____ Forecast____ Previous 06.01.23_____ ?________ 3.7%________ 3.7% - we expect smooth growth, consolidation 02.12.22_____ 3.7% ______3.7%________ 3.7% - smooth growth, consolidation 04.11.22_____ 3.7%______ 3.6%________ 3.5% - Market collapse The main thing is that the indicator is as predicted or even better. Deviations in the direction of deteriorating dynamics can provoke market collapses. So for the weekend, we will try to trade with a short stop Entry $16510 Stop $16274 Take profit $17444 Profit/loss ratio 4/1 Next week, on 12.01, the updated CPI will be announced And on 01.02.23 the next FOMC meeting will announce a new Fed rate and really shake up the financial markets. Therefore, we expect that January will pass in consolidation with smooth growth. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
36
Will Bitcoin rise back above 20k in the start of 2023?In the past months, Bitcoin trading was boring, to say the least with the ranges becoming smaller and smaller. However, the recent low is above the previous one which could be an indication of some gains in store for the main crypto. More, since mid-December BtcUsd formed a double bottom with confirmation above 17k. A break above this pattern could lead to a rise at 18k resistance and in the longer term, would confirm 16k as a higher low and Bitcoin could rise even to 21k.
BITSTAMP:BTCUSDLong
by Mihai_Iacob
25
The continued risk for $BTC downside to $12.9kAs I wrote in my last chart , $15.8k would be the first target to the downside. It was just hit. Now I want to update the chart with the current thoughts being new price action has played out and the chart is becoming more clear. It looks like today's pivot might've been a short term bottom. Now that sets up a new trading range. I think we'll likely trade between $15.5k and $17.5k until one of those ranges break. If we break resistance, that sets up the opportunity for price to retest the $18.8k region. I don't think we break that range though to the upside. Instead if we get a rejection there, I think it sets up a move back to $15.5k or down to the lower support at $12.9k. I think price will largely chop around in this range for the next week or two and towards the end of November I think we'll see a new low at $12.9k. Let's see what happens from here.
COINBASE:BTCUSDShort
by benjihyam
1
Greyscale GBTC - After 1 Year (Update)Today you can review the technical analysis idea on a 1M linear scale chart for Grayscale Bitcoin Trust (GBTC). GBTC has been falling significantly and it does not look good for the firm. Though they hold a significant amount of BTC, the discount is close to 50% and climbing resulting in the value of the Bitcoin held under $10,000 in the trust. This is a mega concern! My first warning on GBTC was on NOVEMBER 16, 2021 when the price was near $50. It has lost close to 85% of the value since my warning. Now I am concerned that the price will continue to go lower, possibly even back down to under $2 where it was trading in 2017. There is a possible support near $5 but if that breaks, it will be really concerning. Be careful! 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
G
by MillionaireEconomics
6
Bitcoin Update - Some thoughts on the bigger picture for BitcoinEvening all, Full TA in the video as usual. Some notes: IF IN DOUBT ZOOM OUT as the saying goes! This is just an idea that we are looking at in group that i wanted to share. IMO i think decision time is near with regards to a possible further leg down or a break out of the pattern and continuation sideways for an extended period of time. Take a look at the video and add it as a possible scenario to your long term TA. This is not trading advice. Thanks for taking the time to watch the video. Be patient and stick to your strategy! Please hit the boost button if you like this update. Back tomorrow. Thanks SIMON BPOI
BITSTAMP:BTCUSD
by BPOI
1
Bitcoin – last pump before crash!Hello, my dear friends! Last time I told you that Bitcoin should grow to $17200 before the crash. This pump is going to print wave C. Today we are going to consider the wave’s C underlying structure to reveal where the price can reverse. Let’s take a look at the 1h time frame on the WHITEBIT:BTCUSDT chart. I suppose that wave 3 has been finished becuase it has already reached the 1.61 Fibonacci extension level, the natural target. Moreover, the maximal Awesome Oscillator value corresponds to the wave 3 top. Now BTC is forming the wave 4. The most likely target for this wave has been already reached at the 0.38 Fibonacci retracement level. After a short sideways move I expect the last leg up in the wave 5 before the anticipated crash. Wave 5 has two targets. The conservative one is the $17070 , the positive one is $17245 . Best regards, Ivan ________________________________________________________________________________________________ If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
by Skyrexio
21
Bitcoin, the best short scenario!Hello Traders and Investors. I hope you are doing well. On the BTC chart, I marked an area where there are many preconditions for opening a short #trade. There are: - Sell band (my own crypto indicator) Unfortunately, according to Trading View rules I can't share my paid indicator for free, my ideas are blocked for that (yes that's very dumb, I don't understand it), so just trust me, it is there, I have roughly indicated what it looks like! - Imbalance zone - Extremum level - 0.5 - 0.68 Fibonacci I will be open a trade in this area! All my 6 years of trading experience, knowledge, developments, and indicators I share them here in ideas for free. In return I will ask you just follow me, like this post and leave a nice comment, it will allow me to move faster and make more useful content! 💚💚💚
Short
by Yaroslav_Krasko
BTC Technical Analysis 1st Quarter!Greetings and Happy new Year fellow Investors Traders and ofcourse beez! In our today's post we will analyze BTC next moves in the upcoming months (Q1), taking into account all technical factors that may affect the price behavior and consequently price volatility . In particular from a technical point of view, BTC after testing the area around 18400$, it created a huge Bearish Orderblock ( Resistance area ), effective immediately, and reached the PoC (point of control at the level of 16550$ and has been consolidating since then. It is also important to mention that, Bullish Divergence in Volume has been forming since then in the Chart: Volume decreases steadily - Price making higher lows, hence Bulls are in control. Taking under consideration all these statements, let's get to it! As we can clearly observe on the chart, we retested the minor Orderblock at 16800$, and the price retraced to the PoC immediately! That's a good sign considering big moves tend to occur, after a huge period of consolidation. Planning forward, after retesting the lows at 16350$ in the forthcoming days, we expect price to move accordingly: Test the HUGE Orderblock at 17700$, Reject to the newly formed lowest resistance at 16800$ Retest the Bearish Orderblock Consolidate inside the area between 17700$ -18400$, building up capital for the next leg up Market makers move the Price to SL hunt area, liquidating retailers, and convincing them a leg down is on the rails. Price pumps breaking the OB and finally filling the Fair Value Gap Area around 19500$ - 20000$, building inner confidence to the retailers, indicating us a Reversal. TIP: Reversals do tend to occur, when everything indicated the opposite! Breaks all support areas and creates a new low below 15500$. Consequently after analyzing the technical perspective, we plan to move based on the above-mentioned! Keep in mind though, when everyone seems optimistic, be pessimistic, and visa versa. IMPORTANT: This is strictly a Technical Analysis and Fundamentals CAN affect our Analysis! Not a Financial Advise! Trade with Caution! Best Regards, CryptoQueens.
Long
by Crypto_Queens_Official
BTCUSD LONG SELLBitcoin is the world’s most traded cryptocurrency, and represents the largest piece of the crypto market pie. It was the first digital coin and as such, remains the most famous and widely-adopted cryptocurrency in the world. It's the original gangster in whose footsteps all other coins follow. The birth of Bitcoin was the genesis of an entirely new asset class, and a huge step away from traditional, centrally controlled money. Today, many advocates believe Bitcoin will facilitate the next stage for the global financial system, although this — of course — remains to be seen.
OANDA:BTCUSDShort
by Verifiedtrader07
BTC WEEKLY - 12.5K$ - 10K$BTC - WEEKLY - SHORT - SWING IDEA This is my current zone where I would like to see BTC in the next few months. According to the cycle that is going on in BTC thanks to its halving, in my opinion and the prediction of my technical analysis of the price action, we could get in this zone in the currently ongoing bear market, accumulate considerable strength and create a new structure for the upcoming uptrend cycle TRADING has its main rules of success but laid out clearly, we cannot trade what we would like to see but what we currently see. That's why I would like to slowly start accumulating mainly BTC and ETH together with you in the next few weeks to months This market is extremely unpredictable, especially in the phase of the bear cycle, so I will reduce the risk by allocating the largest part of the capital to BTC, which statistically loses the least in a bear market. Because I don't want to catch the complete or exact bottom. I will continuously send buying orders for approximately 5-10% of the portfolio for a longer period of time We will definitely cover altcion trading in USDT. At the moment, buying smaller altcoins for a longer period of time seems to me mainly from the point of view of cyclicality, currently still very risky At a later stage we will focus on Bitcoin dominance and watch ALTCOIN SEASONS. These market phases will allow us to earn the most, move capital from BTC to smaller coins for high appreciation in a fairly short time SEE YOU SOON
BYBIT:BTCUSD.PShort
by Crypto-Frantisek
17