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BitCoin In Bullish Sentiment, More Highs Expected!Bitcoin has been experiencing a bullish trend over the past few weeks. This week, more accumulation is expected at target levels 1 and 2 acting as potential resistance points. At these 2 levels, prices are expected to face rejection upon reaching them. This consolidation phase could pave the way for future growth in the cryptocurrency. Market conditions can be unpredictable, so caution and due diligence are advised for those considering to invest in Bitcoin. N.B! - BTCUSD price might not follow drawn lines . Actual price movement may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #bitcoin #btcusd #BTC
COINBASE:BTCUSDLong
by BullBearMkt
Will the market recover in the long term? BitcoinThis idea is primarily a reflection, like my previous ideas. I want to push my limits. It always fills me with excitement when an exchange rate develops as I expected 1-2 years before. In my opinion, it is hyped by the FOMC and we cannot expect much from it in the short term. Therefore, the exchange rate may turn down again from the maximum level of 32k dollars to look for supports. The long-term bear trend has technically broken, BUT it would be too early to say that the bull market is here again. We need to see higher lows and new highs to be bullish again. I definitely want the exchange rate to develop as we can see on the graph. We'll see. Share your thoughts too.
COINBASE:BTCUSD
by XOX_XOX
Bitcoin 35000?Today I would like to share with you some thoughts on the situation in the cryptocurrency market, specifically regarding the price of Bitcoin. We have a couple of unclosed gaps at different price levels, including 9600 and 21000. However, the price of Bitcoin is likely headed towards 35000, as many people still do not believe in the growth and think it is all manipulation. It is important to understand that the price of Bitcoin can sometimes move unexpectedly and unpredictably. Therefore, even if most people do not believe in growth, it does not necessarily mean that the price will not rise. Therefore, I would advise not to give in to emotions too much and to conduct your strategy based on the analysis of fundamental and technical factors, as well as to closely monitor the development of events in the market. Thank you for your attention and have a good day!
CME:BTC1!
by CHOWTRADE
BTC Pattern showing Strong Bearish Sentiment More Than Ever!!Two new BTC bearish pattern (one mentioned at the start that will blow your mind) Bitcoin Exited the Orange parallel channel and is consolidating below the support of the blue parallel channel Stoch RSI on weekly is at its peak and needs to come down which will follow by heavy sells & Head and shoulder still in play Dxy doing a descending wedge which is bullish.Ive talked about it in video cause its very important SPX is in a big bear flag - could rally up and form bearish divergence Strongly recommended to watch it untill the end.lots of important information and signals Please Consider Supporting Me By Boost,Follow,Comment
Short
by pcmonk
Bitcoin -> Symmetrical Triangle BreakHello 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 zone which is now turned resistance exactly at the $33.000 area. You can also see that the past three weeks there was literally no movement in Bitcoin price so I am now just waiting for the market to pump another 15% towards the upside before then rejecting the resistance area. On the daily timeframe you can see that Bitcoin has been forming a quite nice symmetrical triangle over the past couple of days so I am now just waiting for a breakout and then I simply 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
25
BTC Pattern shows Pullback to 27.1K! Could it be worse?Signs and patterns are VERY bearish pointing towards 25K -Bitcoin Pattern (Parallel channel) extending as expected and volume is going lower -some other indicators showing sign of bearish momentum and even a bear flag has been formed on btc (details on video) -SPX signaling for a pullback as well thus downside could be ugly if happens. -The H&S is still in play but we are wating for the right shoulder to form (needs a dump) I encourage you to watch this until the end if you wanna protect your assets Please support the channel by boost,comment,follow and Sharing -Really motivates me **Disclaimer - No Financial Advice **
Short
by pcmonk
BTC Pattern Continues To Playout! Strong Bearish Signs Are There*Disclaimer - Not Financial Advice* Bitcoin Has been consolidating below a huge HORIZONTAL resistant for a while now And The pattern that we have been talking for the past 3 videos playing out On top of that there are Quadruple Bearish Divergence on RSI and Bear Flag and couple of more SELL signals that I mentioned in the video Lots of STRONG Sell Signals so I would say 25K first before 30K(if it wants to happen) I strongly recommend to watch this untill the end Please Consider supporting the channel by boosting , sharing , Commentng - warms my heart-
Short
by pcmonk
We won't see prices below $17k again leading into 2024 HalvingWe start our fibonacci retracement from the start of Covid in March 2020. The 50 MA maintained above the 500 MA until roughly a year ago in February 2022, where it confirmed a "Death Cross". This was leading right into the 2 year anniversary of Covid and the start of an aggressive series of Fed rate hikes. A year later, we have hit rock bottom and hopefully many of you were able to accumulate below the .786 fibonacci retracement level ($17,720). We are now in a position where the 50 MA has already confirmed a "Golden Cross" with the 200 MA. The 50 MA is now approaching the 500 MA which will secure the long term zone above the $20k support line leading into the halving of 2024. To understand the bigger picture of what is happening, the last time the 50 MA formed a "Golden Cross" with the 500 MA was in August of 2019 (leading up to the halving event of 2020). Once again, we are approaching another 50 MA "Golden Cross" with the 500 MA leading up to another halving event. Keep you eyes on this area long term. All of the indicators from the start of 2016 are pointing in a long term up trend and is setting up perfectly for another halving event (2024).
BITSTAMP:BTCUSDLong
by Darthstrukt
7