Bitcoin analysis for long term I think that Bitcoin is about to end the current bullish cycle that came about because of the recent wars. Bitcoin followed gold in the last two years in the upward trend because of the wars, the war between Ukraine and Russia, the Israeli war on Gaza and Lebanon, and the global political and economic conflicts, which led to a very large rise in Bitcoin and gold, but I think that this current cycle is about to end after these wars reached closed areas and brought prices to very inflated prices. I think that this is a very big opportunity in alternative currencies because they will start to rise because many will liquidate Bitcoin by buying alternative currencies in order to increase profits and exit in the upward trend. I think that alternative currencies will rise between 100% to 1000% for each currency, so I see it as a suitable opportunity to get rid of Bitcoin between the current prices up to $105,000, and after that there will be downward waves that will last for a period that is not short, but may extend for months or years.
Bitcoininvestment
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I'm light years away from everyone this was said September 30th
On September 30th I posted that the last panic sale for bitcoin was a healthy pull-back and that it's just a panic sale
People trolled me for that because they aren't traders they are gamblers
And I've posted multiple time after that(check my profile) borderline begging people to buy Bitcoin for easy profit at least 5% now we are at more than 7% in 3 days
Now is your chance buy as much as you can and follow to get the perfect exit point
Bitcoin, is the bull run continuing soon?I expect the Bitcoin price to consolidate in the 53,600 - 49,000 zone, after the price is fixed in the zone, I expect to see a price increase and a high probability of breaking the maximum.
If you look at the Online LTH Realized Profit 7D metric, you can see a similar seasonality of the market that was in 2021, in addition to the online metric, I conducted a deeper study and found many arguments that confirm my expectations, there is a low probability that the price will drop below 48,900, I do not expect this level to break through.
BITCOIN ( TRADING ABOVE DEMAND ZONE ) ( 1D )BITCOIN
HELLO TRADERS
TENDENCY : generally the price stabilizing above turning level , indicates is under bullish pressure
TURNING LEVEL : the price around 57,056 , as long as the price trading above this level reach a resistance level , breaking this level trying to touch a support level
PRICE MOVEMENT : the price in previously can be stabilizing above turning level around 57,056 , and created a demand zone , currently price at 59,731 , my opinion the price retest a turning level 57,056 after rising my goal resistance level at 62,452 .
PRICE ACTION :
LONG CONDITION : have two cases to rising for reach a resistance level , first case the price toward directly reach a resistance level at 62,452 , second case price corrective a turning level at 57,056 before rising , if the price breaking supply zone reach a resistance level at 68,362
SHORT CONDITION : if the price breaking 57,056 by open 1D candle below this level reach a support level at 53,664 , then stabilizing below this level reach a 49,963 .
TARGET LEVEL :
RESISTANCE LEVEL :62,452 , 68,362
SUPPORT LEVEL : 53,664 , 49,963
U.S. Home Price Index (CSUSHPINSA) priced in Bitcoin (BTCUSD) Why do we measure Bitcoin value in the fraud of fiat? Instead, measure it in something that most people want - a home. Here is the average US home priced in #Bitcoin from 2012 to now. House prices are falling for those who save in Bitcoin.
FRED:CSUSHPINSA*1000/BITSTAMP:BTCUSD
BTC key levelsBINANCE:BTCUSDT appears to be forming a range , here on the chart I have marked the important key levels in which we can either enter a long or a short depending upon the price action. I will wait for a deviation which will be my confirmation to enter opposition. At below we have an order block where I will add little margin and if the price reacts properly then I will enter more margin on the deviation otherwise I will start reducing my risk below it.
Bitcoin Next Move ?Pair : BTCUSD ( Bitcoin / U.S Dollar )
Description :
Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from the Upper Trend Line. It has completed " 12345 " Impulsive Waves and making its Correction. We have Strong Divergence we can Look for Short If it Breaks Lower Trend Line Otherwise Trend is your Friend
Bitcoin And my projection for the KINGHi Everyone;
Today I have a special guest in my Analysis Collection
THE KING
I love Bitcoin and even if it doesn't have the Perfect Investment opportunity, but it is the BITCOIN
the freedom, our freedom
thanks for the all supporters, and for the haters I thank you even more.
Good luck everyone.
Bitcoin history and future1W time frame
-
Every vertical dotted lines stand for halving timing, we call them "a cycle" between two lines.
Every cycles have similar trend, we can mark them with three colors as below.
(1) White range stand for Bull high to Bear second low
(2) Red range stand for Bull high to Bear low
(3) Green range stand for Bear low to Next halving
According to halving in 2012 and 2016, we can expect Bitcoin make a second low (below 20000) in near future, the most possible time range is from August '23 to February '24.
Before the second low coming, Bitcoin will likely reach price over 33000, therefore, be careful of being fomo and get ready with patience to buy spot.
Bitcoin Weekly Script: Surge, Fall, Oscillate, then Moonshot!BINANCE:BTCUSDT Bitcoin is currently priced at 30051, with four consecutive weeks of horizontal movement at a high level with insufficient volume.
We still need a surge in trading volume to push the price.
I am more inclined to believe that with increased volume, the price will surge to around 34322, a typical market behavior to lure bulls!
Then the bears will exert their strength, gradually suppressing the price to the strong support level of 25175.
During the period when people are hesitating whether to be bullish or bearish, the market will oscillate, and the chips will be fully exchanged during this period.
Then, the bulls will lift the price sharply to the resistance level of 39600, completing a large cycle structure since the bottoming in November 2022!
BITCOIN what is the next target? 📖💡📖Hello 🐋
based on the chart, the price is in range zone and possibility for breakout of the parallel channel to the downside, and we can see 23k and 25k prices 📖
so
range candlesticks to the upside and downside before any other sharp movement is logical too 📖💡
beside
brief amount of gain and green candlestick is logical for future correction (suppose it as a stop loss hunting) 📖💡
and
we need even more correction to the downside for long term view before huge gain ❌🧨
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Bitcoin fake move up then crashThere is a pretty good chance to visit the 10k level;
On the chart, you can see the most likely scenario for Bitcoin . Let me know in the comment section: what is your plan? I want to know your opinion, and I will answer your comment!
The price action on Bitcoin is very well readable. The structure is well-made at this point. Make sure you also have a bearish and a bullish scenario on the table.
#Bitcoin - thoughts out loud #12Good afternoon , dear colleagues!
I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument.
And in continuation...
In this phase of the market, we have upthrust, which may indicate that we are witnessing a distribution, but there is no confirmation at this time.
I expect the price to be in the range of 25300 - 25600 , after which the market will settle everything.
Thank you all for your attention, I wish you success, and remember:
Sometimes you win /sometimes you learn.
Bitcoin: Down the Rabbit HoleThe future of Bitcoin seems just as unknown as the adventure ahead of Alice in wonderland. It feels like we're currently falling down the rabbit hole and don't know for sure where it's stopping. Primarily, we expect the course to drop further below the support at $17 689. If it continues to drop into the blue target zone between $17 572 - $10 919, the yellow wave (2) should ideally be completed around $16 148 to move out of the blue zone. If Bitcoin finds its way out of the blue zone and heads above the support at $17 689, it should head towards the $22 802 resistance. Furthermore, after touching the $22 802 resistance, Bitcoin will continue to move above $25 200.
In the secondary scenario with a chance of 40%, Bitcoin should continue to move upwards if it touches the $22 802 resistance and could climb its way back to the top if it reaches the $25 200 resistance. We'll specify the future of Bitcoin in our upcoming posts.
Bitcoin at very important level#Bitcoin as anticipated hit $34k precisely which we have been calling for few days now, when everyone else online was screaming to go long and got trapped in a nasty fake out.
We currently are seeing #btc at 33.5k and is at the most important level in this cycle to determine its next directional flow. A break of $29,990 will most definitely send #bitcoin to 20-16.8k zone. Which is the next Higher TF demand zone.
Always remember, we are doing this completely for free , cause we have your best interest at heart for our fellow crypto investors. We are not “moon boys” or typical crypto influencers who ask you to buy every dip. Nope, We ask you to wait for precise levels and to buy as low as possible. The next buy zone is $20-16.8K, SET YOUR ORDERS AND BE READY.
Bitcoin Hitting $44,000: Watch The Market CloselyEver since the middle of the week, bitcoin’s price has been on a roll for most of the time. It recovered thousands of dollars in days and reached $40,000 on Thursday.
In the following days, bitcoin reclaimed $40,000, but this time kept climbing. The leg up resulted in reaching $44,000, which became the highest price tag in almost three months since the mid May crash.
As of now, BTC has retraced by a few hundred dollars but still stands above $43,000. Consequently, its market capitalization has risen to north of $800 billion for the first time in months.
Feel free and get in touch for more updates, signals and trade alerts