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Bitcoinforecast

Bitcoin target 20300Bitcoin MARKET UPDATE Bitcoin support levels - $16,600 and $16,300 strong Support Bitcoin resistance - $17,000 and $17500 strong resistance ——————————————————————— Analysis - BTC Support is at $16,600 and next Support is at $16,300. Resistance is at $17,000 and next resistance is at $17,500. Trade carefully and manage your risk according to mentioned support and resistance levels. BTC closed its daily candle green at $16,442. Looking at 1 hour timeframe, BTC was able to break out its $16,600 resistance with high volume and turned it into support. Currently BTC is trading around its resistance area $17,000.
Long
by Waqar212
2
BTC Bottom TheoryTheory that im currently working with would dictate that we take out these previous lows before flipping momentum. Meaning there is significant amount of pain to come. I think if the casual traders in general had a better idea of what they were doing, than the market would find equilibrium easier. As it stands, there are too many easy targets out there with the ICT and "smart money concept" traders misunderstanding price action that the market just gobbles them up. Be careful out there folks, and good luck traders. I would say not to get truely macro long until this 7k level is swatted at the very least by a wick. Ideally these lows are taken out.
Short
by largepetrol
6
A Second Guess? or On Second ThoughtTyme Sycles (aka Time Cycle s ) This nifty tool tells you much about the ebbs and flows. 1. Use previous Lowest Low 2. Use previous Highest High 3. Notice how it aligns with all the major tops and bottoms in this bear market. Bonus: our next High is on Jan 4th 2023, though we haven't met our bottom (as that calculation takes a different tool). Very simple way of keeping track of the rollercoaster ride. Comment below and give it a like now. Good work @everyone now lets get it!
BINANCE:BTCUSDShort
by CryptoWhether
2
BTC going Sub 40k!? then 20k? Buy zones BTCAs shown on chart, Daily moving averages are on a strong buy signal however weekly is still falling from overbought, trading both ways is best. I'm looking to buy in either zone on confirmation as a fakeout play of the rising wedges. 20k looking increasingly likely medium term, but nice bounce should happen sub 40k first unless equity markets crash hard and appetite becomes really bearish. Personally I think we will see the usual Santa rally later this month first before further falls.
COINBASE:BTCUSD
by breakoutfakeout
2
BITCOIN overview March 25, 2024Hello traders! The new halving event is being closer and closer, and as we previously saw at this events, we can expect the price creating an all time high, again. Until then, the price is retesting once again a strong zone of support, which was acting as resistance at the all time high back in 2017 and 2019, and we can expect some accumulation in this zone, after which the price to move horizontally until March 2024, when an all time high is expected. What's your opinion? Let's discuss!
Long
by m_maia14
4
Bitcoin Next Possible Target is $20k ?Bitcoin MARKET UPDATE Bitcoin support levels - $16000 and $15600 strong Support (Buyers) Bitcoin resistance - $16,300 and $16,600 strong resistance (Sellers) As you know Market depends upon Bitcoin movement so trade with risk management. ——————————————————————— Analysis - BTC Suport is at $16000 and Strong support is at $15,600. Resistance is at $16,300 and $16,600. Trade carefully and manage your risk according to mentioned support and resistance levels. BTC closed its daily candle red at $16212. Looking at 1 hour chart, BTC bounced back from $16,000 support indicating there are signifcant buyers around this level and got resistance from $16,300 . Sideways movement can be expected between this range $16,000 and $16,300 for sometime. Be careful and watch volume. Next immediate support after $16,000 will be around $15800.
Long
by Waqar212
BITCOIN 2022Hello dear traders, I hope you had a nice rest and weekend, currently in a few hours we are starting a new trading week, so let's take a look! BItcoin has been setting the trend for us in the last few months, especially during the Asian session when there were always the highest trading volumes which of course then set the trend. Since last weekends significant weekly trend setting came during the first Asian session of the new week we can now see what this week will be like and if the Asians can give us a clue as to how to direct our trades. Bitcoin overall last year which has been all down has become the most traded over Asian time and the whales there have been sending bitcoin lower for a long time. How next ? I have one simple opinion UNLESS THE FED START PRINTING MONEY AGAIN, THE BEAR MARKET WILL NOT END, WE MAY SEE A SHORT-TERM TREND BUT NOT A BULL MARKET !!! I THINK WE REALLY NEED TO FORGET ABOUT CYCLE ADOPTION AND ALL SUCH FUNDAMENTALS AND ESPECIALLY CHART INDICATORS AND THINK ABOUT WHY EVERYTHING IS PROBABLY DOWN. If we look not far into the past we find that BTC had already reacted to one single thing earlier in the last bearmarket and ran up when the nasty but mighty stop loss hunter Jerome Powell said enough is enough and started printing money again because interest rates were high and people were already going crazy. This tells you very simply that high interest rates do not have an acute negative effect on stock markets, in the past years stocks only started falling when interest rates were already high as they are now and we have been going down for a year! The current problem of the US dollar, that is, the advantage problem it has for cryptocurrencies. consists of a very simple thing and that is quantitative tightening, simplistically, pulling printed money out of the market. IF UGLY POWELL DOESN'T TURN HIS MACHINE ON, THERE WILL BE NO BOTTOM!!
INDEX:BTCUSD
by Crypto-Frantisek
3
Bitcoin – fake pump ahead!Hello, everyone! Last time I considered the ABC correction for the Bitcoin and thought that wave B is going to be represented as the triangle correction, but it looks like now that price decided to print the irregular correction. It’s about to end, hence we have the nice long trade opportunity. Let’s take a look at the 1h time frame of the BTCUSDT chart of the WhiteBit exchange. If we look in detailes inside the wave B we can notice that it consists of ABC correction also. Wave A has abc 3 waves structure – it is the early sign of the irregular corretcion. In this case everything what we need is to count the 5 waves inside wave C and enter the position next to target zone. Target zone have been reached – Fibonacci retracement 0.618, but we have to wait for another one leg down – wave 5. After that I anticipate the push to the $17800. Let’s see! Best regards, Ivan
Long
by Skyrexio
12
💢SELL BITCOIN at the best place and price💰🔰You can see Bitcoin analysis in 30 minutes time frame (BTCUSD_ 30min) 🔍🎁 ⚡The price has taken a downward trend from the SUPPLY zone, and due to the breaking of the up trend line🖤 and pullback💜 to it, if the price can once again reach the meeting point of the pullback💜 and Resistance🧡, it can fall to the DEMAND zone 🔻 Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 _______📈TRADER STREET📉________
COINBASE:BTCUSDShort
by TRADER_STREET
2
BTCUSDT Historic Overlap LONG-TERM Our indicator shows that we are approaching historic data overlap transpired on 18/JAN/2021 . Somewhat early but we expect next week to be a final decider for Bitcoin trend direction. We expect another SHORT term retraction to 15,700 k mark and proceed towards 20k Mark with 2 weeks period if successful we shall expect rapid ascend to 40k Mark in a matter of 2 months. Our Entry for Long-Term position LONG would be set @ 15,700-15,800 mark in a meantime we expect SHORT market with HIGH Volatility.
Long
by wikitrades
Bitcoin - 🎯 Phoenix Ascending & BBandsHi 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. 👩🏫 Bitcoin just closed another weekly candle and the price is currently stabilizing on support zone of $16000. By using two technical indicators together, we can determine which directions most likely next, bullish or bearish. The Bollinger Bands together with Phoenix Ascending also gives a potential specific price target that can likely be anticipated next. Interested in XRPUSDT and other alts? Check out this idea 👀 _______________________ 📢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
Short
by CryptoCheck-
33
BTCUSD Weekly Forecast Analysis 28 Nov - 2 Dec 2022 BTCUSD Weekly Forecast Analysis 28 Nov - 2 Dec 2022 We can see that this week, the current implied volatility is around 10.04% , down from 11.21% from last week. According to ATR calculations, we are currently on the 62th percentile, while with DERIBIT DVOL we are on 31th percentile. Based on this data, we can expect on average, the movement from open to close of the weekly candle to be : In case of bullish - 4.9% In case of bearish - 7.7% With the current IV calculation, we have currently 19.4% that the close of the weekly candle is going to finish either above or below the next channel: TOP: 18286 BOT: 14601 At the same time, taking into consideration the high/low touch calculation from the previous values, we can expect for this week: 25% chance that we are going to touch the previous low of the weekly candle of 15500 64% chance that we are going to touch the previous high of the weekly candle of 16800 Lastly from a technical analysis point of view, currently 80% of the moving averages rating, are insinuating we are in a bearish trend.
INDEX:BTCUSD
by exlux
BITCOIN BREAKDOWNHELLO TRADERS, WELCOME TO MY BITCOIN BREAKDOWN The current chart of Bitcoin offers us three interesting zones which I marked on the chart. The volume of trades is decreasing, we can see that even after the fall of the dollar, the bulls do not have the necessary strength to break through the range that Bitcoin is currently creating, we are even staying in the lower zone of this range below $17.1K The interesting thing is that if the volumes are steadily decreasing the market is mostly preparing for a bigger movement, currently if I don't see a closed daily candle above $17.1K I am not very bullish in the short term
INDEX:BTCUSD
by Crypto-Frantisek
2
BTC massive 2 years wedge (no one mentioned it before)BTC / USDT BTC printed massive 2-years falling wedge And no one is talking about it ,we need some more time to spend inside it ,but once price breakout the falling wedge resistance …new bullcycle will start The bottom seems to be located in the confluence between : - target of double top (bearish patten) - lower trendline of falling wedge According to many indicators We are in capitulation stage of the cycle so don’t give up ..bottom should be very close Bear cycle is a pain for majority of traders but an opportunity for smart ones Support my efforts and Share your opinions with me in comment section below ⬇️
Long
by Babenski
62