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Bitcoinpriceprediction

Bitcoin cryptocurrency market has surpassed 50%Today I want to talk about an exciting news related to Bitcoin (BTC). Bitcoin's dominance in the cryptocurrency market has surpassed 50%! This means that the majority of investors are putting their money into BTC. Bitcoin is the first and most popular cryptocurrency asset, and its growing dominance signifies that more and more people recognize its potential. There are several factors that attract investors to Bitcoin, including its limited supply (21 million BTC), high liquidity, and a history of stable value growth. Considering these factors, investors are looking for opportunities to purchase Bitcoin during market pullbacks. It's common for investors to seek buying opportunities when the price drops to $24,000 and then anticipate a rise to $35,000.
Long
by CHOWTRADE
BITCOIN VOLUME TRAP On previous Idea still not changing the recommended buy zone. This idea Is base on volume. Since MAy 29 The Bitcoin has a volume. My Analysis is we need to break that previous volume before it goes to down and to Trap Longs/buyers most likely us retail traders and for those who are not inform in this move. Trade base on your own decissions. This IDea is base on my view only. If this idea has a value to you, Give a comment or like. Follow for more. Check me out for daily. Still my buyzone at 23500-24000. Nothing is change on my previous ideas.
BITSTAMP:BTCUSD
by D1GITALTRADES
BITCOIN what is the next target? 📖💡📖Hello 🐋 based on the chart, the price is in range zone and possibility for breakout of the parallel channel to the downside, and we can see 23k and 25k prices 📖 so range candlesticks to the upside and downside before any other sharp movement is logical too 📖💡 beside brief amount of gain and green candlestick is logical for future correction (suppose it as a stop loss hunting) 📖💡 and we need even more correction to the downside for long term view before huge gain ❌🧨 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
by MadWhale
9
Bitcoin Prediction- I have been saying that the support of trend lines corresponding to numbers 1 to 5 would be strong, so this is a good entry point to take a long position. However, I want to warn you not to trust it too much because this support line will likely be broken in the future. - Scenarios like numbers 1, 2, and 4, where the trend line is precisely supported and followed by an upward movement, should have occurred. - However, number 3 broke the trend line slightly and eventually dropped by about 2k. - Similarly, number 5 also broke the trend line slightly, so there is a possibility of a decline of about 2k. → Cut short if it surpasses 26,400 / Long buy between 23,700 and 23,400.
Short
by SPOONY1004
12 June 2023: Bitcoin Drop to $11,300 Kuala Lumpur, 11 June: Meeting with top tier Malaysian hedge fund yesterday, we have currently agree for the future price of Bitcoin will be drop down to $11,300 price mark. The decision was made from several factors and agreement between many parties and bodies. From the mining sector on bitcoin, was too shabby for a moment and many of the miners has given up all the mining that contribute to the new money supply into the market was not suitable for the current condition. While, SEC attacking the Binance right now and acquired the industry of decentralised to become centralised by the government body. For most of the part of in the crypto industry, Binance crypto platform was the only defense mechanism among the huge holder old supply that hold the crypto industry at the moment. Since, new money supply from mining bitcoin is not there for almost 24 months 2021-2023, it is a sign to revamp the crypto supply into the market. On the other hand, SEC will make the CDBC going mainstream. When US Dollar is in digital, who else need the bitcoin and other memes token that cant be withdraw to people wallet as not much supply in the market. Dollar in jeopardise as trillions in debt and still counting. While the Joe Biden sat on the throne that did not make any act that can boost the current crypto market. People are right now losing confident already for almost 3 years in a row. People will eventually will make the digital US dollar in demand when it almost come to the mainstream when the chip after the chip of IC implemented on the palm worldwide. The hype for the $1 million mark of bitcoin almost depleted. People can see now it is only the act of hype from the media to encourage young kids to get into the crypto while be other crypto millionaire be the role example in the market. The BRICKS project that dethrone the US Dollar in the market, will almost done. Malaysia followed by all other country for not use Dollar into the system. While they printing money is still on going, someday it will collapse the finance system. Bitcoin will once again visit the price of $11,300 on 1 Oct 2020 which is the mark for the most demand that led the Bitcoin spiked to $68,000 once in the span of 12 months. ZEZUZAZA 2047
BINANCE:BTCUSDShort
by Zezu_Zaza
BTC Head and Shoulders Break Target HitWith today's price action Bitcoin has come down to test the 25,300 level. This has been a very important resistance level in the past that once it broke above this level, it needed to come back and retest as support. As we can see, there's also an upward trending trading range / trend channel (In Blue) that has held well twice before. Hopefully BTC bounces here and continues higher, ideally getting through the $32 K level. Past $32k to the upside, gives a clear path to FWB:48K to $50K, the Golden Pocket retrace of the market cycle high to low. But there are a sizable order blocks above between FWB:29K and FWB:31K that will act as a formidable resistance area (not shown). So this is going to be interesting battle. We still have an unfilled CME gap around $20k also. And there's a larger Head and Shoulders forming on the weekly chart, that if we lose the neckline support points to a re-test of the recent market cycle lows down to $16k. Our indicators show that the bottom is in, but could still be re-tested. But my bias for now is towards the upside. What do you think?
by BrettFogle
1
Btc Update in My Opinion Btc going fall down in coming days. But Even if there is a bitcoin pump, it will go to a maximum of 35k to 42k. After that he has to fall down very badly 18k. If Bitcoin seems to be pumping, you guys don't think the bullrun has started. Because if we analyze the chart from the previous halving, Bitcoin looks like a dump. This is a swing trade, it may take time to hit the targets, so it is recommended only for those members who have patience according to their financial condition. Only those who can wait should take this trade according to their financial condition.
INDEX:BTCUSDShort
by Houseofcryptokings
Bitcoin BTC and the US Debt Ceiling Negotiators from Democratic and Republican parties finalized an agreement on Sunday night. Instead of raising the limit to a specific level, they have opted to suspend it entirely until 2025. This strategic move ensures that their bills can be paid until that date, while also guaranteeing that the next battle to raise the ceiling will not coincide with the upcoming presidential election. The resolution of the debt ceiling issue brings optimism and stability to the financial landscape, which has a positive ripple effect on the cryptocurrency market. Bitcoin and the broader crypto market stand to benefit from increased investor confidence, reinforced safe-haven status, enhanced institutional adoption, regulatory clarity, and the overall positive impact on global markets. BTC /USDT Entry Range: $26900 - $27100 Price Target 1: $27700 Price Target 2: $28500 Price Target 3: $29400 Stop Loss: $25000
Long
by BuySellMarketMaker
3