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Bitcoin -> The Turning PointHello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that as we are speaking Bitcoin is approaching a quite strong previous weekly strcture area which is now turned support again at the $26.000 level. You can also see that market structure and moving averages are bullish, Bitcoin is also creating a bullish uptrend channel over the past couple of weeks so I still do expect more continuation towards the upside from the current levels. On the daily timeframe you can see that market structure is about to shift bearish, yesterday Bitcoin managed to once again reject a quite strong previous daily support zone at the $26.800 level so we could still see some upside potential from the current support zone. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
BITSTAMP:BTCUSDLong
by basictradingtv
43
#BTC/USDT Weekly Update.#BTC has been trading below the $30k level for the last 7 weeks. Maintaining the FWB:27K level. Right now, IMHO, the best thing to do is to wait for a break above FWB:31K to flip highly bullish. Break below $27154 and bears will take over. For now, It is simply sideways if you zoom out. I am Bullish in the long run but cautious in the short term. Leverage could be dangerous in these market conditions, especially the meme mania. Trade on spot but be careful with leverage. They don't want you to be rich, They want your #bitcoins. Hold till 2025! Do hit the like button if you like it and share your views in the comment section. Thank you #PEACE
COINBASE:BTCUSD
by Cryptorphic
4
BTC Facing Huge Sell Off This week.24.8K This week Is ImminentBitcoin touched 29K four times and we could tell big money is interested at that level because each time we touched that level big sell off happens. I have incorporated Supply/Demand Into todays video . very interesting concept that has been playing out in the range that we are in (27.2-29k) highly encourage you to watch this untill the end Once we lose 26.8 then 24.8 will come Please Support Me By Boost,Follow,Comment and sharing video Thank you for all the support and thanks again for watching.
Short
by pcmonk
BTC 1D Rising Wedge Pattern & Friday Candles High and Low LevelsBTC try to hold 50MA line. You also can monitor purple lines which based on friday candle high and low values. These are the areas that BTC might bounce. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
INDEX:BTCUSD
by rukshan2102
$BTCUSD 28,870 --> 24,500/26,000 --> 36,000-54,000BTC Price Live Data The live Bitcoin price today is $28,855.61 USD with a 24-hour trading volume of $15,140,346,914 USD. We update our BTC to USD price in real-time. Bitcoin is down 1.89% in the last 24 hours. The current CoinMarketCap ranking is #1, with a live market cap of $558,824,016,222 USD. It has a circulating supply of 19,366,218 BTC coins and a max. supply of 21,000,000 BTC coins. If you would like to know where to buy Bitcoin at the current rate, the top cryptocurrency exchanges for trading in Bitcoin stock are currently Binance, OKX, Deepcoin, Bybit, and CoinW. You can find others listed on our crypto exchanges page. 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. What Makes Bitcoin Unique? Bitcoin’s most unique advantage comes from the fact that it was the very first cryptocurrency to appear on the market. It has managed to create a global community and give birth to an entirely new industry of millions of enthusiasts who create, invest in, trade and use Bitcoin and other cryptocurrencies in their everyday lives. The emergence of the first cryptocurrency has created a conceptual and technological basis that subsequently inspired the development of thousands of competing projects. The entire cryptocurrency market — now worth more than $2 trillion — is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies. Thanks to its pioneering nature, BTC remains at the top of this energetic market after over a decade of existence. Even after Bitcoin has lost its undisputed dominance, it remains the largest cryptocurrency, with a market capitalization that surpassed the $1 trillion mark in 2021, after Bitcoin price hit an all-time high of $64,863.10 on April 14, 2021. This is owing in large part to growing institutional interest in Bitcoin, and the ubiquitousness of platforms that provide use-cases for BTC: wallets, exchanges, payment services, online games and more.
BINANCE:BTCUSDLong
by BADQOMOCAWGOWLD
Bitcoin -> Following The PatternHello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that as we are speaking, Bitcoin is approaching a quite obvious previous weekly support area which is now turned resistance exactly at the psychological $33.000 to $35.000 level. However you can also see that weekly market structure and moving averages are massively bullish - we also just recently retested the previous Crypto cycle high from 2018 and already started the rejection towards the upside, so I simply do expect another rally on Bitcoin at the current levels. On the daily timeframe you can see that my last video analysis, linked below, just perfectly played out, Bitcoin is also currently creating a quite obvious ascending triangle on the daily timeframe so I am now just waiting for a break and retest of the resistance at the $29.000 level before I then do expect more continuation towards the upside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
BITSTAMP:BTCUSDLong
by basictradingtv
44
Bitcoin 1 Day TimeframeBitcoin has been in an accumulation phase since mid-May 2022, and it appears that we have now reached the E phase, where the price begins to move outside the established trading range. The trading range has been established between $ 25,000 and $ 19,000, and it is evident that we are currently trading above this range, specifically above $ 26,500 since mid-March. One positive aspect of the current situation is that the price is forming a symmetrical triangle within a local uptrend. This pattern often serves as a confirmation of an upcoming move to higher price levels. In this case, the symmetrical triangle suggests the potential for Bitcoin to reach the range of $ 36,000 to $ 45,000. The formation of a symmetrical triangle within an uptrend indicates that there is consolidation taking place, with buyers and sellers in a balanced position. As the triangle pattern reaches its apex, it typically precedes a breakout or significant price movement. In this context, the symmetrical triangle pattern suggests a bullish bias, indicating that the next major move for Bitcoin is more likely to be to the upside. In summary, Bitcoin's current accumulation phase and the formation of a symmetrical triangle pattern within an uptrend provide a positive outlook for potential price appreciation. The pattern suggests the possibility of a move to the range of $ 36,000 to $ 45,000. However, it is essential to remain vigilant and closely monitor market conditions to adjust trading strategies accordingly.
BITSTAMP:BTCUSD
by ArShevelev
2
btc near major resistance zoonHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below. Now major supports are: A. 26000$ daily support B. 23500$ major Fibonacci support levels major Resistances are: A. 30000$ Channel retest of breakout B. 32000$ major Daily resistance
by bullstraders7