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Bitcoinforecast

Bitcoin Crashed Bitcoin MARKET UPDATE 1: Bitcoin support levels - $15500 and $14800 strong Support (buyers position ). 2: Bitcoin resistance - $17200 and $16150 strong resistance (sellers position ). Crypto trading depends upon Bitcoin movement so trade with risk management. ——————————————————————— Analysis - As we can see on chart BTC touched 15493.68 and now trades at 15645. Currently BTC dominance is 38.5 and RSI at 25 and the total market cap is 783.90B. And 3.78% Decrease over the last day. So manage your trades according to Market update.
Short
by Waqar212
1
Bitcoin is HOT as the HELL!Hello, everyone! Last time I told you that the “triangle” which a lot of traders mentioned it their analytics is just the wave 4 which is represented as the ABCDE correction. The end point of the wave E I marked on the chart. The following dump was just the question of the time. Current dump is the wave 5 and I suppose that the sub wave 3 of this wave have just been finished. I considered this because the price have reached the maximum target for the wave 3 if we take into account waves 1 and 2 structure. 2.61 Fibonacci extension is the maximum target zone. Now I expect the corrective wave 4 to the $16200. This is the target zone also because of Fibonacci 0.5 level and the wave 4 top of the lower order. I closed my short at $15750 and will re-enter it at $16200. After reaching this target we can expect the wave 5 to $15k and there we can buy Bitcoin on spot for the potential bounce. I will tell you about the targets for this bounce in my next analysis when Bitcoin come to this point. Best regards, Ivan
by Skyrexio
13
GBTC Grayscale Bitcoin Downward SupportI am providing four support areas for Grayscale Bitcoin Trust (GBTC) in the event that BTC starts to drop significantly. S4 meets the long term bottom trendline, which has the strongest support. I added in VPVR to show volume clusters. What are your opinions on this? Comment below, hit the like and follow me. Thank you! Check out more below for recent Altcoin, Bitcoin and Stock Ideas. 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! #cryptopickk #bitcoin #altcoins
GShort
by MillionaireEconomics
2
BTC to $12,000 in January?Hi I would like to throw this idea out there. I don't doubt that Bitcoin price will go ballistic in the future. But in the foreseeable future this is what I expect to go down. Price will bounce back up to around 19.5K and then go all the way down to 12K. I had this thought right at the beginning of the bear market but I felt like it is too far fetched. Now I am more and more convinced it will happen. At least it will be a good buying opportunity. What do you guys think? Thank you!
by turjeics
BTC/USDT - Are We Actually Headed Lower? 🔮Looking at the Bitcoin Weekly chart, we point out a few key ranges. 📊 The first being the astronomical money-printing fueled pump back in 2021. This range is the backbone of why most, us included, are so bearish on Bitcoin and crypto in general. At least in the short term (we're bullish on crypto very long term). Thanks to the FTX circus, we've just recently broken down the May-Nov range that we were crabbing along in. 🦀 We've mapped out where we think we can fall into - $11-15K. Essentially just above the pre-pump resistance level of 2021. As we type this out though Bitcoin is trying to hold $16K, however the fallout of FTX is likely and already has taken down other huge players in the space. 🥶 Combine that with the current macro situation, and it remains difficult to be bullish over the next 1-3 months.🐻 Ultimately, the fate of Bitcoin dumping to $10K, or ranging where we pointed out around $11-15K is up to the SP500. If equities nuke down, then we're likely headed to goblintown in crypto for quite some time...👺 Let us know your thoughts! Think we're crazy? -TucciNomics Chief Overlord, AlgoBuddy
BITSTAMP:BTCUSDShort
by QuantVue
BTC 4H perspectiveHello everyone. today im going to show you an ending correction pattern i seen in BTC chart. as you can see in my chart , an excellent Elliot triangle shaping. with ABC branches and longer C wave. according to triangle rules maybe this pattern ends with a little triangle too as i iilustrate in my chart with White color. after that its important where the price go. i mean it will breakdown the triangle but the path i show on chart is my guess. tomorrow we have some important economic indexes in canada and australia that may lead the market or crash it down in short term indexes like Australian Balance of Trade and Canada Retail sales. forecasts are hopeless but if they come out better its good news. in addition you see RSI indicator below my chart and it bounce back to its 200MA and become stronger. and like any time , dont forget to set a good SL to manage your risk. trdaes without SL are already failed hope you like this post please share me your opinion. please notify me about my mistakes and grow my experience. thank you all for reading my idea
Long
by TraderAmin-KZ
4
Bitcoin Bitcoin MARKET UPDATE Bitcoin support levels - $16,000 and $15,600 strong Support (Buyers available at this position ) Bitcoin resistance - $16,600 and $17,000 strong resistance (Sellers available at this position) ——————————————————————— Analysis - BTC support is at $16,000 and next support is at $15,600. Resistance is at $16,600 and $17,000. Trade carefully and manage your risk according to mentioned support and resistance levels. BTC closed its daily candle red at $16,280. Total crypto marketcap is at $804 billion down by 3.89%. BTC dominance is at 38.8%.
Short
by Waqar212
1
Bitcoin's Bigger Picture They Don't Want You To SeeAs you can see, BTC was in a downward price channel for a long period of time. Now, after breaking the channel and moving outside of it, it can be clearly seen that BTC has made a successful re-test to the exact area. So I expect an upward movement for the upcoming weeks & months. I don't know exactly what's going to happen, maybe the big players do some manipulation and have some plans to liquidate the small players and we may see some quick shadows downside. I've heard from one of my friends who is an expert in trading, that bitcoin will not go up until all the people lose their hope. When the majority sold, it will again rise up. I'm not going to say that it will break all of us, who knows, maybe. But, I'm still in hope, and I believe in BTC. And I will never sell even if it goes straightly to zero. That's what I paid for my courage. That's the price of it. Let's see what will happen...
Long
by msafarian
4
Bitcoin – triangle correction has been completedHello, everyone! Last several days the Bitcoin is staying at the same place and I can see the contradictory in the analysis from the influencing traders. As usual after such huge crash a lot of bulls have been activated talking about the bottom at $15600. Wave theory and trading chaos tell us that it is not true. Total disappointment is about to happen next couple of months, but today let’s consider the current triangle correction in details. I want to remind you that after impulsive downside wave 3 the market started it’s corretive wave 4. I have already assumed zigzag, flat correction, but last time I finally concluded that we faced with the triangle corretion ABCDE. Look at the chart how these waves are divided into zigzags abc. As I can see the last wave E have been already finished and now the market started the wave 5. I expect the dump to at least $15k at the new weekly candle open. Best regards, Ivan
Short
by Skyrexio
22
Bitcoin Going To Hit 149k Bitcoin MARKET UPDATE Bitcoin support levels - 16500$ and 16000$ strong Support (Buyers position ) Bitcoin resistance - 17000$ and 17500$ strong resistance (Sellers position ) Today's Cryptocurrency Prices by Market Cap The global crypto market cap is $832.23B, a 0.03% decrease over the last day. The total crypto market volume over the last 24 hours is $35.28B, which makes a 28.37% decrease. The total volume in DeFi is currently $2.03B, 5.75% of the total crypto market 24-hour volume. The volume of all stable coins is now $32.35B, which is 91.69% of the total crypto market 24-hour volume. Bitcoin dominance is currently 38.48%, an increase of 0.03% over the day. ——————————————————————— Analysis - BTC Support is at 16500$ and 16000$ Resistance is at 17000$ and 17500$ Trade carefully and manage your risk according to mentioned support and resistance levels. Looking at 1 hour timeframe, currently Volume is low and BTC Price below EMA 50 100 200 Currently RSI is at 49.71 BTC dominance is at 40.58 and Total Crypto Marketcap is at 830.9Billion
Long
by Waqar212
7
bitcoin bottom and false fairytales This is my last public publishing of an ending to this bear market. IF it seriously breaks below 13.5k, we go to 9k eventually. Time is price and price is the time. There is an equation for that if you know it. IF on or about December 18th we touch 14K and it bounces, I wonder what the news will be like. Something devestating and catastrophic. Something written by Nostradamus I suppose. However. It also means the market changes direction for a considerable time.
BYBIT:BTCUSD.P
by CryptoWhether
BTC/USDT 1 Day Chart Possible Wedge Bullrun Top Projections Man its good to be back and wanted to start out with an idea explaining what I see as the movements we can expect from now till the top of the impending bullrun. Bitcoin is nearing its bottom at roughly 10,600 and once there we will be done with the falling and it will be time to start moving up. We got a lot of economic volatility that could cause disruption in the crypto markets, but it is my thoughts that this is all natural movement for the most part. So after our consolidation at the bottom we should see a pretty spectacular altseason as there is a ton of money waiting on the sidelines to buy in. Lets face it every price in the market now is an amazing deal. So on this leg of the bullrun I have measured it to go to approx 105k with a good chance of the mainstream jumping due to hype that it could exceed that. As always hype negates TA and the hype of bitcoin going to 100k is going to be insane. If you agree throw me a like and follow me for more ideas and concepts that keep you in the gains. - Much love to my supporters - ND
Short
by The_New_Disciple
13
Bitcoin Going To Hit 100k Bitcoin MARKET UPDATE BY TEAM TENUP 1: Bitcoin support levels - $16300 and $15,600 strong Support (is Ka Matlab yahan buyers hain). 2: Bitcoin resistance - $17200 and $18,000 strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin). ——————————————————————— Analysis - BTC Support is at $16,300 and strong support is at $15,600. Resistance is at $17,200 and $18,000. BTC closed its daily candle green at $16,700. Trade carefully and manage your risk according to mentioned support and resistance levels. According to 1 hour chart, 100 EMA is acting as resistance and last three volume bars indicate low volume. Total crypto marketcap is at $832 billion and BTC dominance is at 38.5%. During weekends trading volume will be less due to global financial markets being closed.
Long
by Waqar212
2
$APENFT looking bullish?Yeah I know that sounds silly with all the red candles but if you look at the MACD we have a higher second green dot. And with Bitcoin coming to the end of a triangle pinch point and already riding on the support side and still becoming more and more bullish. I'm just trying to keep up with it as it goes because there is only so much time left before there is a move either way. And the MACD is perfect for zeroing in on the time. I'm about to do another post for Bitcoin so check that out too if you like. Good luck 👍
by EliteSignals
1