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Bitcoinprediction

BTC Bitcoin medium term Price TargetIf you haven`t bought BTC before the last rally: Then in line with the Elliott Waves chart pattern analysis, it suggests a forthcoming minor correction for Bitcoin, with one of the legs down anticipated around $47,800. However, the stock market is currently experiencing a notable surge in calls for tech companies leading up to June 21. I speculate that this could align with the first interest rate cut, sparking a new wave of enthusiasm in the market. Given this scenario, if Bitcoin follows the trajectory of NASDAQ stocks, my projection is that BTC will ultimately reach $56,000 by mid-2024.
Short
by TopgOptions
Bitcoin Prehalving TOPHello folks , hope you having exciting days . Last TA worked properly but i was expecting more than 20% dump , although i told you we are in a unpredictable situation and we wont sell we just wait for a buy situation , nothing can force me to fall for any traps tho . Red area is the prehalving top in my idea , usdt.D can goes down a bit but its on a strong support which will hold and its RSI is ridiculous. For some other reasons i think that BTC is on its top and will fall to approximately 0.5 to 0.61 fib levels wich are my previous targets , it will be sharp and it’ll cut so be careful, as i say its not a smart time to sell so I would be prepared to buy only , be careful about altcoins as btc.d is on strong support and any dump will smash alts . Stay safe fam .
BITSTAMP:BTCUSD
by mastershark
2
BITCOIN - 27/02/24' - Weekly Update Hello everyone, hope you guys doing great.. Firstly I would like to adress something from *Last update*, since some of you may been confused.. When I ment in update, that I expecting *Bearish Sentiment for 0-48hours* - IT MEAN, I EXPECT BEARISH SENTIMENT FOR 0-48 - Not for 5D, Week, Month etc.. and as far as Im concern, thats exactly what happend, before market continued remaining bullish to this day.. Secondly, since is close to end of month, and I would like to break down Market from Top to Bottom, I decided to wait With Update till Friday, when Monthly and other Highier time frame candles will close.. Meanwhile, I would just like to point out THAT --> Previously, when we reached closing price of 3M candle(either went slightly above or under), both times after that in upcoming days to weeks to MONTHs, we got some type of correction.. I will get deeper to it Friday... Until then, be carefull guys, and dont forget to use PROTECTION while you wildin out there ^^ Joe
INDEX:BTCUSD
by cryptocapitaltrading
BTC Price Blasts To $57,100 The price of Bitcoin didn't hesitate to surge comfortably to $57,200 as of writing—reaching heady altitude despite more than $157 million in Bitcoin shorts being liquidated over the last 24 hours, according to CoinGlass. The milestone comes only hours after BTC surged over $53,000, already seeing heights not seen since 2021. Investors who took a short position on Bitcoin—betting that its price would go down from when the option to buy was secured—are liquidated when the price rises instead, triggering automated actions by exchanges to prevent further losses. BTC has logged, then, an intra-day increase of about 10%—a return that would look great as an annual return for conventional investment vehicles. And the green candles are being driven by tradfi hunger for Bitcoin spot ETFs, which also saw record inflows today. Top institutional Bitcoin holder MicroStrategy had just grown its Bitcoin holdings to 193,000 BTC. That stash was worth $10.28 billion when founder Michael Saylor tweeted about the acquisition of 3,000 Bitcoin this morning. It's now valued at $10.9 billion, a $620 million single-day bump. The firm has paid an average of $51,813 per Bitcoin, Saylor notes. It was October 2021 when crypto watchers were similarly breathless, watching Bitcoin rise above $57,000—again, as that figure represented its all-time high at the start of that year—as it continued a two-week rally. It eventually $69,000 in November.
BINANCE:BTCUSDLong
by DEXWireNews
3
BITCOIN is creating a potential Cup & Handle formation.BTC is currently, potentially creating a smaller Cup & Handle formation. (In white) And, a potentially larger Cup & Handle formation. (In Blue) Bitcoin has been on an absolute tear the past few days, and these formations could come into play down the road if price action continues to fill them out. Whether it will be the smaller (White) Cup & Handle, the larger (Blue), or a Cup & Handle pattern at all remains to be seen, but will become clearer in the coming weeks/months. These formations are speculation at this point, but I just wanted to point out the potential for each to occur down the road if the current trend continues. Good luck, and always use a stop loss.
Long
by MetaShackle
BITCOIN BEFORE THE HALVING My logarithmic to daily 4hr charts is here! we might see 57-58k as I predicted my previous post, this valid once price keep pushing upto 55000 level zone. If this is a distributions we might not see 55000 level, see the arrow . But for my view price might test that 57-58000 level before incoming month of march. Im expecting a month of upside before the halving and I will be updating this idea once this complete. The second arrow is Small distribution after those upthrust moves of price at 53000 level. The other arrow is for the higher context of distributing its price on higher supply at 57-58000 level. this moves might goes a higher EUphoria level same on the 64-69000 last time. so becareful alway buy low and stack harder! Follow for more!
CME:BTC1!Long
by D1GITALTRADES
Longterm BTC is still bullish 🚀🚀🚀Bitcoin seems to be trading within an ascending channel, which is typically considered a bullish pattern. The price is currently testing the upper boundary of the channel. If it holds, we could expect a pullback towards the lower boundary. However, if the price breaks and holds above the upper boundary, it might signal a continuation of the bullish trend. Looking at the Fibonacci extension levels drawn from a significant swing low to a high, the price is hovering around the 1.272 extension level. The next key levels to watch according to these extensions are the 1.618, which often acts as resistance, and the 2.618 level, which is a more optimistic target and less commonly reached. The volume profile on the left shows a high volume node just below the current price, indicating a potential area of support. If the price were to decline, this area could act as a barrier against further drops. BTC price movement, would likely depend on whether the price respects the current channel pattern and the reaction at key Fibonacci levels. If bullish momentum continues and the price breaks above the channel, the focus would shift to the 1.618 extension level as the next target. But if the price rejects at the channel's upper boundary, a retracement towards the lower boundary of the channel or the high volume node could occur.
Long
by CryptoDiabloo
btcusdtHey Bitcoin Fam! 🚀 Check out our latest update on Bitcoin - we're seeing a chance for +18% gain! Right now, Bitcoin is a Sideways Ranging pattern, and we've spotted a small selling zone at $52,000 (just the last high). The big picture is shouting "buying opportunity!" Our nalysis predicts Bitcoin cruising to these targets: First Target: $52,000 Second Target: $54,000 Third Target: $60,000 Quick heads up: Our analysis is all about education. Trust your own market vibes and trade with your proper knowledge. We're all about sharing the knowledge for free. Happy trading, and let those gains roll in! 🌟💰
INDEX:BTCUSDLong
by oraclpips