Bitcoin short below $73k resistanceThis pair failed to beat the previous resistance between $72k to $74k and now it will have to turn south to find some momentum.
If BITSTAMP:BTCUSD falls as predicted then the 1st line of defense will be at $63k then #60k and finally 58k
Always do your analysis before placing and trades and use a hardstop loss in all your trading activities
Bitcoinprediciton
Bitcoin Possible Sell-Off to Low 33.9 Or LowerBitcoin performed a sweep yesterday then went up and grabbed the liquidity at 34.6 ( EXACTLY where we mentioned) then got rejected and moved down.we could see one last liquidity grab to the upside before the move to 33.9 starts.
Thanks for watching and your support <3
Bitcoin Fake Pump Before Major CrashAs Ive said in previous video (link to related ideas) we were jebating longs before going into a crash . we pumped to 25K to retest that price which is eight month high and the origin of previous downtrend.we now formed a double top on high time frames (3h 4h Daily)
Please Follow,Comment,Boost (if you agree) it REALLY motivates me to do more.
We pumped 13% in one day and dumped 8% the day after showing sign of heavy rejection and more yet to come.
since we consolidated at most levels from 20K to 25K , a capitulation candle downwards ( at least 13%) could happen any time but personally I think S&P500 must be ~3800 and DXY ~104 for that to happen
maybe a retest around ~24400 then come back down to 22800 and if that support didnt hold ~20500
More details and liquidation clusters in video
Thanks for watching
Bitcoin Next Possible Target is $20k ?Bitcoin MARKET UPDATE
Bitcoin support levels - $16000 and $15600 strong Support
(Buyers)
Bitcoin resistance - $16,300 and $16,600 strong resistance
(Sellers)
As you know Market depends upon Bitcoin movement so trade with risk management.
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Analysis -
BTC Suport is at $16000 and Strong support is at $15,600. Resistance is at $16,300 and $16,600. Trade carefully and manage your risk according to mentioned support and resistance levels.
BTC closed its daily candle red at $16212.
Looking at 1 hour chart, BTC bounced back from $16,000 support indicating there are signifcant buyers around this level and got resistance from $16,300 . Sideways movement can be expected between this range $16,000 and $16,300 for sometime. Be careful and watch volume. Next immediate support after $16,000 will be around $15800.
Bitcoin Trading Plan Bitcoin MARKET UPDATE BY
1: Bitcoin support levels - $15600 and $14800 strong Support (buyers position to buy Bitcoin ).
2: Bitcoin resistance - $16,000 and $16,600 strong resistance (sellers available to sell Bitcoin ).
BTC has faced the brunt of many industry leaders or significant platforms going bust this year. From Terra’s implosion to FTX’s bankruptcy, the industry seems shaken from a psychological perspective. As investors, an unbiased look reveals that the macro bottom is just one 20% crash away. This forecast takes a fresh look at significant levels and anticipates other scenarios that may evolve for Bitcoin price.
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Analysis -
BTC Support is at $15,600 and resistance is at $16,000. $15,600 has acted as strong support level once again. Trade carefully and manage your risk according to mentioned support and resistance levels.
BTC closed its daily candle red at $15,781.
Looking at 1 hour timeframe, BTC is getting resistance from 20 EMA as it has been rejected three times as observed from price action since $16,600. High volume is required to break this resistance and regain $16,000 support level again.
Generational wealth in the making - my point of viewThis is not a financial advice.
This is just my playout for the BTC purchases in the next year.
I've armed myself with the patience, stacking enough resources to cover my targets.
My whole theory is based on negative market segment - I am counting that global financial meltdown is in front of our eyes. Taking that into account, I think some sort of revolution will play next - and my bets are on blockchain space - mostly on BTC and ETH from speculative point of view.
Orange lines represents major BTC supports/resistances. Will wait till price drops to those lines and budget them as following:
- Target 1 (1 BTC = 17,000 eur) - 15% of allocated funds - very likely will happen
- Target 2 (1 BTC = 9,400 eur) - 35% of allocated funds - likely will happen
- Target 3 (1 BTC = 4,800 eur) - 35% of allocated funds - unlikely will happen
- Target 4 (1 BTC = 2,800 eur) - 15% of allocated funds - very unlikely will happen
The same strategy I will put for my ETH purchases which I analyze in my other idea.
The funds that remains free and do not touch certain Target from mentioned ones above, I will put according to my earlier targets after some time period.
Full disclosure: THIS IS NOT A FINANCIAL ADVICE. THIS IS PURE SPECULATION FROM MY POINT OF VIEW AND MARKET KNOWLEDGE.
BTC OVERALL CHART ANALYSISThis Chart explains the BTC Break Down.
The fall began last last year with the EUPHORIA that BITCOIN IS GOING TO GO TO 100k (remember those times? lol)
The Selloff began at the end of 2021.
Big decision tp DUMP BTC was made mid January 2022 and BTC JUMPED from the 50th floor like a sword all the way to April.
We had a brief rally to liquidate the shorts.
That rally was short lived and on May 22, 2022 the Daily Low was broken indicating a strong bias towards the downside.
BTC went into consolidation after the break. In consolidation I apply my '4 WICK DROP RULE' <pretty much self explanatory right? ......
When you apply the 4 wick Drop Formula to BTC in this phase it's lining up well.
This chart gives you the OVERALL perspective.
Never over leverage.
Trust your trade set up.
Have fun!
#TradingMadeSimple
BTC Bitcoin Next TOP & DIP Prediction IdeaBitcoin moves in circles.
First move from DIP #1 (27 January) to TOP #1 (21 February) was 100%.
Second move from DIP #2 (28 February) to TOP #2 (13 March) was about 50% less than the previous one.
Third move from DIP #3 (25 March) to TOP #3 (15 April) was about 50% less than the previous one.
LOWEST: 27.01
HIGHEST: 21.02
LOWEST: 28.02
HIGHEST: 13.03
LOWEST: 25.03
HIGHEST: 15.04
LOWEST: 25.04
SMALL DIPS OCCURE: 4 Days After the Lowest
My Prediction for the next TOP is between 13 May to 21 May.
My Prediction for the next DIP is between 25 May to 27 May.
This is not a financial advice. This is solely my own idea. Do your own research.
BTCUSD(BITCOIN) SELL UPDATEfrom our last sell,analysis which i tagged below (please check last analysis and follow me to understand bitcoin movement and updates)
so currently we see descending triangle which means a sell so we sell to our $8200 parameters as amalysed from previous analysis if you follow me
Bitcoin Price Prediction and Analysis with xRHello,
I'm xR, with Biollp, and welcome to our block. We invite you to tune in as we tour through some of the nostalgic nuances of the past Bitcoin chronicle. Let us dive into the current occlusive conditions of the market.
News publishers continue to trek on about Bitcoin's bullish behavior, and it's evident a break out is on the way. Electrifying headlines captivate millions of users adhered to the pulsing lights from their LED monitors. Pings chiming click baits of market penetration, saturation, and expected growth in our booming market space streaming right from the blackened index pages of tactful market makers. It's July Twenty-Fifth, of Twenty-Seventeen, and I download my first bits of Bitcoin. The money is flooding in, it keeps coming in, and the market cap soars through all expectations. Thus, Bitcoin showed exceptional promises for a brave and bright new future.
Its March of Twenty Nineteen and Bitcoin begins to unleash havoc, like a bull, racing from it's lower price margins and blasting through all resistances with ease. The news publishers ramble on about its irate behavior and it's evident a break out is clearly on its way, surely? Perhaps the media might pose as a threat to the stability of the market space this time. Blackened Search Engine Optimization can be quite disillusioning, at least, until it isn't. Twenty-seventeen bruised many investors, miners, and community members, many of whom carry painful recollections from their experiences. The deceptive watery river of false promises touted from friends, family, and media outlets may have contributed to its distasteful flavoring. Wealth generation happens over-time, it begs the question, is this financial instrument durable as a storage of wealth? These questions are answered based upon data acquirement over decades, not weeks, days, hours, or seconds.
After browsing through the years of outlandish archives; a lacuna appeared before us, do we dare to imagine the plausibility of a One-hundred Thousand Dollar Bitcoin? An eerie sensation seeps into the tandems of my neck, just exactly who and, why is this narrative being published, let us begin to draw and check the technical analysis. Bitcoin's one-month trade chart vanities the momentous kinetic strength that is built over several years before twenty seventeen and notably without a significant pullback. We can attribute this occurrence to how market space development took place. Consequently, early adopters who spent years unrewarded suddenly became key-keepers to cash-filled hands of investors desperate to grasp their golden ticket to projected financial freedoms. Momentum wouldn't shutter until late September of Twenty Seventeen where we see a forty percent pullback formulating our Bullish Kangaroo Tail.
Perhaps there are indications of a retracement we can observe in the breakout of Twenty Seventeen. Previously the Eight-Day Moving Average carried support for Bitcoin's rapid uptrend exceptionally well. Continue to follow this trend line until the Twenty-Day Moving High makes a Bearish Cross with the Eight-Day Moving Average. Bitcoin's price breaks it's support line and falls beneath and away from its supportive trend line on the twelfth of February. Inspecting the MACD indicates momentum declined after the peak was reached in December of Twenty-Seventeen and consequently as did the price. While purchasing pressure decline is not a reliable indication for bearish behaviors, this circumstance displays it's potential to forecast price instability. Bitcoin purchasing pressure severely declined rather than slowly tapering down like we would prefer to see. Using the RSI indicator will spotlight our third observation in this analysis. Have a slight dab of Bitcoins relative strength, can you bounce with me one time? We offer a savory dead cat in several flavors, our most popular is raw. This trifecta left all those unaware of it's unfolding scraping at the knees for more yard stomping.
Heavy sell pressure continued throughout the year with the Eight-Day Moving Average acting as a steady soft barrier of resistance. The Thirty Day Moving Average reinforces this resistance as the year continues downward. Towards the ending of Twenty-Eighteen, we reached the all-time-low of the year at three thousand, one hundred dollars - two thousand, nine hundred dollars. This low point is the pivotal moment that is the basis for our perspective of this analysis. Not only does this form another Bullish Kangaroo tail but it also creates a secondary point of support. Let's take a look at what happens next.
Bitcoin's support is held and pushes outward to the side. The Eight-Day Moving Average trend line that indicates the previous downtrend clutches beneath price actions. This trend line immediately begins to follow it's previous trend and becomes an established line of support for Bitcoin yet again. The trend line then leads us into a bullish cross with our Thirty Day Moving Average at five thousand dollars price per Bitcoin. There were clear indications this would occur during the four thousand dollar price range. This momentous energetic output from Bitcoin's previous bull run is reflected in what we feel, resonate with, and desire. Is this enough to repeat and supersede history?
We continue to see the Eight Day Moving Average hold a steady line of support throughout the trend. This synchronicity unleashes an explosive and rapid price increase. Then suddenly Bitcoin pulls back thirty-four percent. Does anything seem familiar to you? There are a few indicators that might jump out at you. Perhaps the Twenty Day Moving High emerging into a bearish cross with the Eight Day Moving Average? A descending purchase pressure over the MACD leads to downward sell pressure. Lastly, the trifecta returns with a dead cat bounce, but will investors be fooled yet again? Fool me once, shame on you. Fool me twice, shame on me.
I humbly request investors take consideration of the politely drawn indications from this year's bullish uptrend and appreciate the nostalgic nuances to Twenty Seventeen's bullish uptrend. The various technical indicators, trends, and patterns of the past lead me to at a minimal consider the plausibility of revisiting the line of support. The continuation of this trend could initiate a break beneath the neckline. Typically breaks beneath the trending line of support are equal or greater than the wick atop of the peak. This would be a minimal breach of Two Thousand, Six Hundred points beneath the neckline or line of support.
We can project a course of intersection from the topside of our descending channel by use of moving averages and the bottom side of our lines of support. We can see the descending wedge by viewing the Moving Average Trending Channel. Breaching the neckline would bring us into the Lower Level Support Zone. There are further events we project feasible in the continuation of this trend. We'll save those ideas for another Bitcoin Price Prediction and Analysis with xR. Thank you for tuning in with Blockchain Investment Opportunities. We value your time, may your time be fruitful, invest wisely fellow block.
BITCOIN TAKING THE BLUE PILL!Our hero Bitcoin is at its decisive moment since its making another faling wedge reversal on the 1h chart we should expect a rise to 6700 USD where we will be looking for a retracement to 6500 USD. Why I think the blue pill? Well the general trend is quite bullish and a bull run is expected soon so we should see our hero making a breakout soon and RSI is oversold if to look at general trend (1w chart) so July should be green guys! Only blue pills for this month!
Good Luck, Traders!