Get started

Bitcoinprediction

Bitcoin: 74k-72k Line in the Sand!Hello everyone! First of all happy international women's day to all the ladies out there! (Don't forget to get flowers guys) Bitcoin is approaching a key area with extremely strong support, but several indicators also mark the line in the sand for the current bullmarket for Bitcoin. Weekly - Fib: 38.2% of the complete trend retracement (15.5k - 109.4k) - MA: 50 SMA (75.4k) - S/R: 70k-74k Strong supply/resistance area A consistent pattern emerges on Bitcoin's chart: breaks below the 50-week SMA (black line) after an all-time high (red arrows) have reliably indicated bear markets. Similarly, reclaiming the 50-week SMA (green arrows) has historically confirmed bull runs toward fresh all-time highs. 3D - Fib: 61.8% of the retracement from previous range low to current high (49.5k - 109.4k) - MA: 100 SMA (77k) On the 3-day chart, the 100 SMA has acted as strong support during this bull market. Bitcoin revisited the moving average on 5 individual occasions and bounced off it. Despite briefly closing below it twice, BTC quickly reclaimed it with the following candle. A potential correction to $70,000 is possible for Bitcoin. To maintain the bull market, it's crucial for bulls to find support there and drive the price back above the 3-day 100 SMA and the weekly 50 SMA. Happy trading! Pat
INDEX:BTCUSD
by BitcoinEasyIO
#BTC/USDT This level is important...BTC is currently trading below the 50 EMA, 100 EMA, and 200 EMA in the 4-hour chart. This is not ideal for the price action, and $93k has now become a strong resistance level. The pattern appears to be setting up for a breakout soon. While it won’t be easy, it’s entirely possible we break to the upside. If there’s a break below, we could see a dip to $73k. Do I think the bear market has already started? Definitely not! I’ll keep you updated, so follow and share this chart with your friends. Thank you! #PEACE
Long
by Cryptorphic
2
Bitcoin’s Roller Coaster Ride: More Volatility Until March 7?Bitcoin ( BINANCE:BTCUSDT ) has been acting like a Roller Coaster in the last few days, and one of the main reasons for the high momentum movements is Donald Trump's speech . Generally, this market behavior detriments investors and trades. Such movements may continue until March 7 ( Let us recall that Donald Trump will meet with industry representatives at the “first crypto summit” at the White House on March 7 ). So please pay more attention to Capital Management these days . It seems that Bitcoin's Main Support is 200_SMA(Daily) , which failed to break yesterday and started to increase again. Now, Bitcoin has succeeded in breaking the Resistance zone($87,100-$85,800) . According to Elliott wave theory , Bitcoin seems to be completing a Zigzag Correction(ABC/5-3-5) . I expect Bitcoin to once again attack the Heavy Resistance zone($93,300_$89,250) and rise to at least the Potential Reversal Zone(PRZ) . Do you think Bitcoin is still Correcting or ready for another major up move? Note: If Bitcoin falls below $85,000, the possibility of Bitcoin increasing again will decrease. Note: If Bitcoin can break the Heavy Resistance zone($93,300_$89,250) and the Resistance lines, we can even hope for a new All-Time High(ATH). Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
32
Bitcoin: Navigating Market Volatility and Future PredictionsBitcoin, the pioneering cryptocurrency, continues to dominate headlines with its characteristic volatility and the ever-present speculation surrounding its future trajectory. Recent market activity and expert analyses paint a complex picture, one where potential for significant growth is tempered by inherent risks and external economic factors. Several key themes emerge from recent news and analysis, offering a glimpse into the current state of Bitcoin and the factors influencing its price. The Potential for a US Crypto Reserve and its Impact One of the most significant potential catalysts for Bitcoin's price is the possibility of the United States government establishing a strategic cryptocurrency reserve. This concept, championed by figures like MicroStrategy founder Michael Saylor and gaining traction within political circles, could have a profound impact on the market. Saylor has publicly suggested that the US government should acquire one million Bitcoin for its strategic reserves. He argues that this would legitimize Bitcoin as "digital property" and instill greater confidence in the cryptocurrency. Saylor pointed out that MicroStrategy already holds approximately 500,000 Bitcoins, which accounts for about 2.4% of the worldwide supply. He also suggested that the government could finance such a large crypto reserve through a deliberate, multi-year timeline, referencing a "six-month process" set out by a recent executive order. There is research that supports this view, estimating that a US crypto reserve could boost Bitcoin's market capitalization by roughly 25%, or approximately $460 billion. This potential surge is attributed to Bitcoin's limited liquid supply, meaning that large inflows from a government purchase could trigger upward price shocks. Furthermore, such a move could incentivize institutional investors and other countries' governments to allocate funds to Bitcoin, creating a positive feedback loop. While the idea has gained traction, particularly with endorsements from figures like Donald Trump, the path to establishing a national crypto reserve is not without its hurdles. Confusing messaging, legal challenges, and uneven progress across different states contribute to market uncertainty. The market currently views the probability of a national Bitcoin stockpile as relatively low due to challenges like confusing messaging and legal hurdles. Market Sentiment and Price Predictions Despite the potential for significant growth, market sentiment surrounding Bitcoin remains cautious. The Crypto Fear & Greed Index, a measure of overall market sentiment, consistently hovers in "Extreme Fear," even amidst price spikes. This suggests that while investors are drawn to potential gains, underlying anxieties about volatility and external economic pressures persist. Predicting Bitcoin's price with certainty remains an elusive task, but analysts offer varying perspectives. Master Ananda, for example, believes that Bitcoin's price bottom is in, following a recent dip below $80,000. However, other analysts urge caution. The recent rebound of Bitcoin to over $90,000 was short-lived, with the price retreating due to concerns about a potential recession, geopolitical tensions in Ukraine, and uncertainty surrounding the US crypto reserve. This highlights the sensitivity of Bitcoin to broader economic factors and geopolitical events. Technical Analysis and Market Dynamics Technical analysis of Bitcoin's price charts provides further insights into its current state. The recent formation of back-to-back weekly "hammer candles," a pattern seen only a handful of times in Bitcoin's history, suggests potential bullish momentum. However, the failure of a recent price rebound to break through key resistance levels indicates that the path to higher prices may not be straightforward. The relationship between Bitcoin and traditional financial markets, particularly the S&P 500, also plays a crucial role. Historically, Bitcoin has struggled during periods of high volatility in the S&P 500, as measured by the VIX. This correlation suggests that broader economic anxieties can negatively impact Bitcoin's price. The Influence of Global Liquidity and External Factors Beyond specific events and technical indicators, broader macroeconomic factors influence Bitcoin's trajectory. Analyses suggest that global liquidity trends favor crypto and risk assets. The global money supply is expected to reach new all-time highs, potentially boosting Bitcoin's price. A dropping US Dollar Index (DXY) also signals a shift in favor of crypto. The upcoming US Crypto Summit, organized by the Trump administration, is anticipated to be a key event that could provide clarity and potentially influence Bitcoin's future trajectory. Market participants are eagerly awaiting the summit's outcomes, as they could provide crucial insights into the regulatory landscape and government's stance on cryptocurrencies. Conclusion Bitcoin's current landscape is a complex interplay of potential catalysts, market sentiment, technical indicators, and macroeconomic forces. The possibility of a US crypto reserve offers a significant upside potential, but market anxieties and external economic pressures create a degree of uncertainty. While some analysts predict a rapid surge in price, others emphasize the need for caution and highlight the importance of monitoring broader market dynamics. As Bitcoin continues to evolve, its price will likely remain sensitive to both internal developments within the cryptocurrency ecosystem and external factors shaping the global economy. The upcoming US Crypto Summit and future policy decisions will be critical in shaping Bitcoin's future direction.
BITSTAMP:BTCUSD
by bryandowningqln
Bitcoin Halving to ATH data -2 year UPDATE-conflicting results I havw Noticed in recent days, people "Boosting" A chart I posted in Dec 2022, called "BITCOIN Halving cycles and Pump %" So I thought I would update it and see where we are now. In it, i said 2024 would be a Good year. Well, we got that in many ways and not surprisingly but we have seen some things that point towards this being a VERY different cycle and I will explain some of them here So, as the title suggests, Lets Look at the Halving to ATH - For a start, I need to explain the issue we have with 2021 - 2 major ATH and a divided community about which one was the REAL ATH and so on. There are plenty of reasons to accept the NOV 2021 ATH as the real one, mostly because it was the highest price ! It was also a similar day count from previous Halving to ATH and so I am working with that. The Current Bitcoin ATH was 280 days after Halving. A Lot Less than any previous day count from Halving to ATH.. We are however, still under the 365 count we had in 2012 Halving to ATH - So...for me, the possibility that we have NOT seen Cycle ATH still exists for many reasons.. And yet, at the same time, I am Very aware that this Cycle has seen accelerated adoption because of ETF's etc,,,,,,so, please Keep an open mind. Using the day Count system and the Nov 2021 day count, we could expect this Cycle ATH around Oct 2025 - probably safer to say Q4 But how High ? The % rise from ATH to ATH is an interesting topic here. 2012 to 2017 ATH saw a 1144.6% Rise in PA 2017 to 2021 ATH ( Nov ) saw a 326,3% rise in PA - This is 3.5 X SMALLER than the previous Rise. Using that 3.5 Smaller calculation, that gives us an % rise of 92.4% and an ATH of around 121K for this cycle. Kind of contradicts expectations and this alone could point towards that fact we may have already be near reacheing cycle Top ! (I have posted a Far more detailed chart about this and will be updating it soon) BUT, the Crunch comes when we look at the Halving to ATH, as mentioned in the title I wrote in Dec 2022 2012 Halving 10K% rise after 2016 Halving 3,5K% rise after 2020 Halving 700 % rise after Projected PA in 2024 /5 would also be 700% BUT, Bitcoin is far more public now and the Halving Pumps will be talked about aLot. Could the Next halving actually be pumped a Lot earlier than previous dates We got earlier Pumps due to ETF expectations, as can be seen by how far of the Curve PA rose in 2024 - This has completely changed how strong PA was at Halving and how Much further it could rise. In facr, if you look back over previous Halvings, PA has been FLAT by comparison. And so, Since the Bitcoin Halving in March 2024, to the current ATH, we have only seen a 62.8% Rise If PA Had been on the Curve in the chart at the halving date, we would have seen a 397.8% eise to the current ATH This Highlights a Massive change in how PA is rising But, at the same time, We would still most likely be in the Range we are now in. And Lastly, I want to show you this I mentioned in Dec 2022 how Bitcoin PA could expect a 700% Rise in Price from Halving to cycle ATH I was WRONG From Where PA was at Halving to the Expected ATH mark on Rising trend line, it will be 651% rise and around 500K So, in conclusion, despite a massive change in how PA approached Halving and how Shallow the rise in PA has been compared to previous cycles after Halving, we are Still in a VERY Good place. However, if you Look at just the ATH to ATH dats calculation, we may already he near TOP.... Take you pick - For Me, I am holding out for Q4 but I have safe guards in place should it turn out we have peaked early. But do remember, this is a Projection..No guarantees......But we can hope Stay safe and Love your Neighbour
BITSTAMP:BTCUSD
by Orriginal
Bitcoin Cash ($BCH) Surged 35% Today Gearing Up for 70% SpikeThe peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy and larger block size Surged 35% Today amidst crypto market volatility potentially gearing up for a 70% spike to the $500 resistance. Bitcoin cash ( SET:BCH ) was created as an alternative to the first and most valuable cryptocurrency — Bitcoin (BTC) in 2017. Bitcoin cash ( SET:BCH ) chart pattern exhibited series of consolidation pattern that connotes to an upcoming surge and the 35% surge is a prelude to what's coming. With the Relative Strength Index (RSI) at 65, SET:BCH is more than ready to capitalize on the current bullish engulfing pattern exhibited on the chart. As of the time of writing, SET:BCH is up 21.78% with data from DefiLlama showing about $7.28M locked in Bitcoin cash network With about $1.92 Billion in volume for the past 5 days. Bitcoin Cash Price Live Data The live Bitcoin Cash price today is $388.10 USD with a 24-hour trading volume of $1,009,964,576 USD. We update our BCH to USD price in real-time. Bitcoin Cash is up 25.15% in the last 24 hours. The current CoinMarketCap ranking is #20, with a live market cap of $7,699,166,324 USD. It has a circulating supply of 19,838,141 BCH coins and a max. supply of 21,000,000 BCH coins.
Long
by DEXWireNews
$69,000 Bitcoin incoming. It is. And it is natural.Heed me. Allow me to share an axiom I came up with a long time ago: If it were going up, it would be going up. I read charts. Charts record sentiment. Sentiment is what people trade on. The chart records those trades. It tracks the evolution of sentiment. It creates more sentiment, it influences more trades. Like the game of life, from just two or three simple rules, emerge complex, and dynamic patterns. It is feedback. It can become very complex, but it always has structure, and it always repeats - and a very large, very significant portion of it can be predicted, even with relative ease, because the complex must be supported by the simple. This can be followed until a system becomes too complex to be supported by the simple structure, and it reaches a barrier, or it breaks down. We're talking about human emotion, undergone a transformation and represented in the chart space. The energy of the crowd ebbs and flows like a tide… People are excitable, and people become exhausted. This is what you're looking at when you look at a chart. Pseudoscience? No. Esoteric, maybe. Esoteric... but nonetheless, real. The chart simply seeks a kind of balance. The trick is seeing what balance means in a time dependent space... and perhaps in the collective mind. I'll have more to say on this. (Be wary of the false reversal happening right now.)
BITSTAMP:BTCUSDShort
by Hollywood260AB
1
BITCOIN Technical analysis - This price action is familiar!See for yourself. Since Apr 24 we had red UMVD and market went sideways. This is exactly what's happening right now. We have RED UMVD after a new high and now we just had first bounce from the bottom Green TrapZone. No Longs till we get fresh GREEN UMVD. Small size plays only till, buy the bottom and sell the tops with this red UMVD. Will post the hourly for close up next. Happy trading and stay safe, dear snowflakes!
BITSTAMP:BTCUSD
by SnowflakeTrader
BITCOIN UPDATE TODAYHere's the latest update on Bitcoin: Current Price The current price of Bitcoin is around $83,780.61, with a daily high of $93,721.37 and a daily low of $82,464.84 . Market Trends Bitcoin's price surged 10% after President Trump's Crypto Strategic Reserve announcement, with some analysts predicting a potential breakout past $100,000 ². However, others warn that the rally may be temporary due to regulatory hurdles. Key Levels - Resistance: $90,000 - $100,000 - Support: $80,000 - $83,000 News President Trump's executive order established a Crypto Strategic Reserve, which will initially include Bitcoin (BTC), Solana (SOL), Ripple (XRP), and Cardano (ADA) . This move is seen as a positive development for the cryptocurrency market.
by GrowCryptoUpdate
BTC | MASSIVE CORRECTION or BULLISH PATTERN?After the new of the recent ByBit hack, the entire market seems to have taken a dip. (more on the bybit hack here:) Luckily, seeing a 20% correction on Bitcoin isn't strange.. at all. It's actually quite common for the price to correct anywhere between 15% and 30%. The tell all sign will be whether or not we can reclaim the key support ABOVE 90k, otherwise we might be heading closer to that 30% dip. Meanwhile.. another altcoin is approaching a key buy zone. Don't miss it, here: _______________________ BINANCE:BTCUSDT
by CryptoCheck-
BTC dell 120.000$📊 BTCUSDT Analysis: Current Price: $102,859.06 Sell Zone: Near $120,000.00 (🟢 Major resistance) Support Zone: $77,777.00 (🛡️ Key level for potential rebound) 🚨 Signal: Bearish Scenario: If BTC reaches $120,000.00, it’s a sell opportunity 📉. Bullish Scenario: In a strong bull trend (📈), you can buy dips around $77,777.00 (🚀 support area). 💡 Strategy: Take profits near $120,000.00 🎯 if already holding BTC. Watch for entries at $77,777.00 🔍 if BTC retraces. 📈 Trend: Overall Bullish unless support at $93,175 or $77,777 breaks (🔻). 🔐 Risk Management: Stop-loss for buys: Below $73,316.18 (⚠️ Critical level). Let me know if you need further clarification or tailored strategies!
Long
by EhsanZeydabadi
My FINAL Bitcoin chart and Idea (forever)Everyone is too busy focusing on the wrong Technicals. Fear and Greed, RSI, MACD, Stock Markets, etc. All of these are good tools but we have to remember a few things: 1. Zoom out (Bitcoin follows the same 4-year cycle every time... this time is NOT different) 2. Keep it Simple (I'm tired of messy charts, only put what you need for the current timeframe) 3. Avoid Leverage (These areas are too risky and much too volatile... liquidity is getting grabbed at almost every level) Stay safe. I expect Bitcoin to retrace to $57k and then bounce back up... clear skies ahead if we can break out of this pattern I have drawn up. (If not we keep ranging as follows until we break significantly above the previous ATH) Peace out! It's been fun... I may return to crypto one day (if ykyk)
BINANCE:BTCUSDLong
by RetiredNovice