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Bitcoinforecast

$BITCOIN SHAKE DOWNSo who was long? Alot of people put their longs in before the dump. Even Crypto Face. How many times does this have to happen before we learn that we are still in a bear market BUT near the end. It didn't break above the top purple line and was getting bearish fast. That's what you have to look out for in situations like this. We knew it was about to do something. So we wait until that thing starts happening and we go with it. It's like catching that perfect wave. Just have to patient but ready, quick and vigilante about it all. The Four hour was bullish af BUT the smaller times were a bit in doubt. So when in doubt.. so you think what might happen in high hopes and go with your feelings and emotion but get rekt. Every time. The big pumps will come.. for a merry Christmas? Who knows But they will come. Don't get discouraged by getting broken down. The green days are close. Best of luck. 👍
BITSTAMP:BTCUSD
by EliteSignals
1
$BTCUSDT entry PT 5,099 Target PT 400k Going to the Moon!🚀🌜What Is Bitcoin (BTC)? Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009. Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.” Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use. Who Are the Founders of Bitcoin? Bitcoin’s original inventor is known under a pseudonym, Satoshi Nakamoto. As of 2021, the true identity of the person — or organization — that is behind the alias remains unknown. On October 31, 2008, Nakamoto published Bitcoin’s whitepaper, which described in detail how a peer-to-peer, online currency could be implemented. They proposed to use a decentralized ledger of transactions packaged in batches (called “blocks”) and secured by cryptographic algorithms — the whole system would later be dubbed “blockchain.” Just two months later, on January 3, 2009, Nakamoto mined the first block on the Bitcoin network, known as the genesis block, thus launching the world’s first cryptocurrency. Bitcoin price was $0 when first introduced, and most Bitcoins were obtained via mining, which only required moderately powerful devices (e.g. PCs) and mining software. The first known Bitcoin commercial transaction occurred on May 22, 2010, when programmer Laszlo Hanyecz traded 10,000 Bitcoins for two pizzas. At Bitcoin price today in mid-September 2021, those pizzas would be worth an astonishing $478 million. This event is now known as “Bitcoin Pizza Day.” In July 2010, Bitcoin first started trading, with the Bitcoin price ranging from $0.0008 to $0.08 at that time. However, while Nakamoto was the original inventor of Bitcoin, as well as the author of its very first implementation, he handed the network alert key and control of the code repository to Gavin Andresen, who later became lead developer at the Bitcoin Foundation. Over the years a large number of people have contributed to improving the cryptocurrency’s software by patching vulnerabilities and adding new features. Bitcoin’s source code repository on GitHub lists more than 750 contributors, with some of the key ones being Wladimir J. van der Laan, Marco Falke, Pieter Wuille, Gavin Andresen, Jonas Schnelli and others.
Long
by BADQOMOCAWGOWLD
3
Bitcoin Next Target 18000 or 12000 Bitcoin Next Target 18000 or 12000 We can see very beautiful pannet pattern, we can trade with scalping according to this range. we need to wait for breakout to down more or breakout in bullish direction then we can enter with good price. so this is the technical analysis now we discuss fundamental. Fundamental Analysis btc or bitcoin volume decrease and the dominance of bitcoin also decreased which is not good for bitcoin. according to this we can say market still in bearish condition. keep like, share and comment if you like my content
by Freefxss
6
BTC Daily TA Neutral BullishBTCUSD daily guidance is neutral with a bullish bias. Recommended ratio: 55% BTC, 45% Cash. * SUNDAY SCARIES WATCH . Cryptos are mixed today after numerous Altcoins like DOGE, REN (on rumors of Binance acquisition) and LINK rallied to start the weekend. Billionaire hedge fund manager Bill Ackman reiterated his support for Cryptos and their underlying technology . Yesterday, Vitalik Buterin transferred 40k ETH ($48m) to an unknown wallet and Justin Sun cashed out $58m worth of ETH for unknown reasons . Ukraine is still trying to restore power to major cities while Russia continues to fire missiles onto critical infrastructure. Even with this going on, Ukraine managed to host a summit in Kyiv to promote their "Grain from Ukraine" initiative which will strive to send 60 vessels full of grain exports to countries currently most vulnerable to famine and drought (including Ethiopia, Sudan, South Sudan, Somalia and Yemen). Chinese citizens continue to protest the Covid lockdowns in cities like Urumqi where the lockdowns are ironically contributing to deaths , and this morning officials in Urumqi announced that they will begin to phase out restrictions in "low-risk areas". This is after China reported a third consecutive daily record for new Covid cases . In lighter news, Ben Armstrong is in the Bahamas with intentions of interviewing SBF lol . Key Upcoming Dates: US Consumer Confidence Index at 10am EST 11/29; 2nd BEA Estimate of US Q3 GDP at 830am EST 11/30; Fed Chair Jerome Powell speech at Brookings Institute at 130pm EST 11/30; Beige Book at 2pm EST 11/30; October PCE Index at 830am EST 12/01; November Employment Situation at 830am EST 12/02; Last FOMC Rate Hike Announcement of 2022 at 2pm EST 12/14 .* Price is currently trending sideways at ~$16450 as it continues to hover above the uptrend line from March 2017 (~$15600) for a fifth consecutive session. Volume continues to shrink for a sixth consecutive session which is indicative of an impending breakout/breakdown and is on track to favor sellers for a third consecutive session if it closes today's session in the red. Parabolic SAR flips bullish at $17900, this is mildly bullish at the moment. RSI is currently trending sideways at 39, the next resistance is at 42.41. Stochastic remains bearish and is currently trending down at 90 as it approaches a test of 88.29 support. MACD remains bullish and is currently trending up at -705, the next resistance (minor) is at -232. ADX is currently trending sideways at 45 as Price continues to trend sideways as well, this is neutral at the moment. If Price is able to breakout here then it will likely test the 50MA at ~$18670 as resistance . However, if Price breaks down here, it will likely retest the uptrend line from March 2017 at ~$15600 as support . Mental Stop Loss: (one close below) $15600 .
COINBASE:BTCUSD
by dailytaguy
2
Nov2022 - BTC (3D) - Next Peak $200-250k by 2025 + Risk FactorsDear anons, Provided another longterm projections based on past BTC peaks, dated back to 2017 & 2021, respectively. 💡Summary: NEXT PEAK > time target: mid/Dec 2024 > price target: $200k, 220k, 250k **factors affecting targets marked on-chart .. 💬 Extra Note: with various forms of hidden/blatant power wrestles ongoing btw China & US dat includes COVID plandemic aka engineered supply shock & globe-wide inflation Fed rate hikes aka exporting inflation everywhere else by weaponizing Dollar Ukraine war aka engineered gas & food inflation China zero-covid lockdowns aka weaponizing supply chain who knows wats next... Taiwan? CBDC's? Plandemic 2.0? based on above ongoing or potential macro developments, we're likely to overshoot on next peak target, with high certainty. think: $250k in REAL terms w depreciating dollar... ;p See you in 2025! cheers~ 🥂🔥
BITFINEX:BTCUSDLong
by jeanne_k
1
bottom at 13.2-14k with a move back to 24k range next yearHi guys, Here are my thoughts for the next few months, think we still got another leg down first, but I think we are nearer to the bottom than most people expect. I know a lot of doom thinkers at this point, but I still don't think we will see those 10k numbers (yet) and we get a nice bounce over the next couple of months. - currently expecting in the very short term to make a nice inverse head and shoulders to reverse, so back to 15.8k retest, then pump up and get a Christmas run towards 18k range, somewhere between 17.7k-18.5k looking at the fibs - then we get real capitulation of everything, with most likely some big miners having to sell everything, causing a big crash once again down to like 13.2k-14k local bottom - then we can finally bounce and we get a nice relief run back to 24-25k by next year those are my personal thoughts and expectations Trade Safely! -The Dang Oracle
by ThereAreNoWalls
1
Bitcoin Important Update CRYPTO MARKET UPDATE BY TEAM TENUP Pakistan Time: 06:06 AM Bitcoin support levels - $16,300 and $16000 strong Support (is Ka Matlab yahan buyers hain) Bitcoin resistance - $16,800 and $17,000 strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin) ——————————————————————— Analysis: BTC Support is at $16,300 and $16,000. Resistance is at $16,800 and $17,000. Trade carefully and manage your risk according to mentioned support and resistance levels. BTC closed its daily candle RED at $16,598. Looking at the 4-hour timeframe, Volume is low and decreasing. RSI is at 53 and STOCH RSI is below the 75 range. RSI and STOCH RSI suggest that the BTC may test $16,300 support. However, there is 20 EMA support around 16,400.
by Waqar212
1
Bitcoin will pump before the final bearish move!Hello, everyone! As you know I wanted to catch the bottom of the local wave 5 on the Bitcoin, but this wave as I can see was shorter than I suppose. Now it’s obviously that the market started the upside correction to $18k and we have to find the low risk long trade now. Let’s take a look at the 1h time frame of the BTCUSDT chart of the WhiteBit exchange. The price have already finished it’s wave 3 of any order, it does not matter now for us. We can conclude it because of internal waves structure. Sub wave 5 made just a squeeze below the sub wave 3 bottom and the Bitcoin broke all local critical levels to continue this wave 5 to the downside. Consequently, market started the corrective wave 4 of the higher order to the upside. I consider ABC zigzag. Wave A has been already finished. Now it is time for the wave B. It usually retraces to 0.5 Fibonacci level, approximately $16200. There I plan to open long position with the target at 0.5 Fibonacci level for the higher order impulse wave. After reaching $18k I expect the new and last crash in this bear market to fulfill my bag with the Bitcoin and different altcoins. Best regards, Ivan
Long
by Skyrexio
15
BTC All Time High February 2012 - Why NO Double TopWhy i dont see BTC to Crash soon Some of the Traders see a BTC double Top which would lead to a blow off and Crash. So lets try to disprove this view: - Chart Formation: I can find this type of Pattern only in Uptrends. Some think it is a double top but in fact its an ascending consolidation of which the 2nd top is higher. - BTC Price overheated: In fact it is a little bit. But sideway untill february would be enough to countinue. - Support: It looks like previous (2017/18) ATH is support now. - Institutional Money inflow: Institutions invest with a larger Timeframe - they will not sell off 6mt after buy. Like Micro Strategy bought at 19k - dont think they buy the top - Inflation: Inflation not kicks in yet because the Money flows into Wall Street. After Shares get unprofitable it will flow to BTC - Maturity: We are in 2020 ant the market has grown up. Adoption kicks in while crisis also does.
BITSTAMP:BTCUSDLong
by BTC_maximalist
1
BTC Daily TA Cautiously BullishBTCUSD daily guidance is cautiously bullish. Recommended ratio: 65% BTC, 35% Cash. *Risk-On markets responded positively to the FOMC Minutes today in which most FOMC participants and staff agreed that a 50bps rate hike in December is appropriate and that the odds of a recession in 2023 are quite low at the moment. New Residential Homes sales for November came in at 632k, up 7.5% from October ; this metric is rather interesting considering that 30-year mortgage rates are currently at ~7%. November's S&P US Manufacturing PMI is 47.2, down from 50.7 in October ; this is a 30-month low and signals weakening demand (which is good in the eyes of the Federal Reserve). The UofM Consumer Sentiment Index for November came in at 56.8, down from 59.9 in October . Meanwhile, Russia continues to bombard Ukraine's power grid with missile attacks in efforts to weaken Ukrainians' resolve throughout the winter ; Moldova's power grid is connected to Ukraine's and they are now suffering too as a result. Cryptos, Equities, Equity Futures, Metals, HSI, NI225, N100, CNYUSD, GBPUSD, JPYUSD and EURUSD are up. DXY, US Treasuries, VIX, Energy and Agriculture are down. Key Upcoming Dates: 2nd BEA Estimate of US Q3 GDP at 830am (EST) 11/30; October PCE Index at 830am EST 12/01; Last FOMC Rate Hike Announcement of 2022 at 2pm EST 12/14. * Price is currently trending up at $16600 after bouncing off of the uptrend line from March 2017 at ~$15600. Volume finished High (moderate) in yesterday's session and is on track to favor buyers for a third consecutive session if it can close today's session in the green. Parabolic SAR flips bullish at $18523, this margin is mildly bullish at the moment. RSI is currently trending up slightly at 41 and is beginning to form a soft peak as it approaches 42.41 resistance. Stochastic remains bullish and is currently trending up at 97 as it approaches max top. MACD has just crossed over bullish in today's session at -868 minor support. ADX is currently trending down slightly at 44 as Price is beginning to trend up, this is neutral at the moment. If Price is able to continue up then it will likely test the 50MA at ~$18800 as resistance . However, if Price breaks down here, it will have the uptrend line from March 2017 at ~$15800 as support before potentially breaking down and retesting $13477 minor support for the first time since November 2020. Mental Stop Loss: (one close below) $15500.
COINBASE:BTCUSD
by dailytaguy
Bitcoin Will Hit 25000?Bitcoin MARKET UPDATE 1: Bitcoin support levels - $16,300 and $160,00 strong Support (buyers available). 2: Bitcoin resistance - $16,800 and $17,000 strong resistance (selling area). Crypto market depends upon Bitcoin movement so we updated you about Bitcoin now trade with risk management. ——————————————————————— Analysis - BTC Support is at $16,300 and $16,000. Resistance is at $16,800 and $17,000. Trade carefully and manage your risk according to mentioned support and resistance levels. BTC closed its daily candle green at $16,600. Looking at 1 hour timeframe, BTC is just above 200 EMA resistance and is trying to break $16,600 resistance. Further confirmation is required if 200 EMA is to become support. RSI is at 60 and Stoch RSI suggests an upward move therefore there are higher possibilities of testing $16,800 resistance.
Long
by Waqar212
2
#BTC/USDT Trade Setup 1:5, Target $18,400 !! Welcome to this quick trade setup. BTC has been under accumulation for the last few weeks. Every drop has been bought. A lot of FUD and uncertainty make me more bullish in the short term. This drop below $16k could end up being a trap. I opened a long on BTC around $16160 and will add more till $15850 with SL below $15400. Most of the bad news has been sold. I could be wrong only if we break the recent low. Am not saying we can't see more drop in the next few weeks/ months but it's riskier to be out of BTC when it's down 73%. This trade is based not just on charts but logic and reasoning. This is not financial advice. DYOR, My stop loss is for leverage long only. I have been accumulating BTC since it broke $18k and I am more than happy to buy more. Currently, I am 75% in BTC and a few alts & 25% FIAT and Stable Coins. I will be posting more trade setups shortly. Follow me if you don't yet. Please hit the like button if you like it and share your views in the comment section. Thank you #PEACE
Long
by Cryptorphic
6
This might changed everything for Bitcoin!I know it's a messy chart but lucky we have to focus on just a few things! As we just got the message that most FED officials backed slowing the pace of rate hikes we did see a small pump for BTC and a dump for the DXY. For the DXY I would like us to stay under $110 ish. For Bitcoin we have a few levels to watch closely. First the key levels to watch if we want to see upwards momentum: •16.8k •17.5k •18.6k And some key levels for the downside: •15.8k •15.5k •14.8k The explanation was to hit approximately 14.8k after we did broke the triangle but after the news we have gotten today we can hopefully throw this out of the window. Trade safe!
by Mynameisnotrelevant
1