Bitcoinpriceprediction
BTC correction starts .. When to expect bounce?BTC / USDT
In my previous BTC analysis, I expected the correction to start from 32k-29k which is happening now (check my previous analysis in attachment below )
Are the bulls still in control and when to expect bounce ?
Simply, we can say as long as price is closing above 25k key level in high time frames .. Bulls are in control
BTC can bounce from any local support levels but the ideal point according to parabolic curve is around 25k (also act as a major support) and my midterm target are 36k-38k
In mean while, Dominance of BTC is showing weakness which is good news for altcoins market in coming days but keep watching it for any further update
Appreciate your support by rockets and comments
Any questions or ideas please share with us ⬇️
Don't Get Impatient! Bitcoin Holding The LineIn this video we examine the bitcoin price action after reaching category 1 in a Bull Market. We are currently at category 4 and have been holding the category 1 price line at 26,976 USD since March 18th. We are still expecting more upwards movement towards the future halving price in the very near future.
BTC-USD ✦ LONG SETUP ✦ ONE HOUR✦HARMONIC✦ POSSIBLE REVERSALBITCOIN (BTC) started to move in a bullish direction after a noticeable downfall. However, there is a big resistance zone which can stop BTC to move further in a Bullish Direction. Therefore, this trading idea is designed to capture the reversal trend using Harmonic Pattern Technique. Bearish Butterfly Harmonic Pattern is forming on one hour time frame and it is expected that BTC will take reversal from Point D (Potential Reversal Zone) mentioned in the chart. In addition, Presence of Divergence is negative at the current price level which can further lead to bullish movement of the instrument till PRZ. Thus, current situation can be favorable to grab the Long Trade opportunity before the reversal of the instrument. However, only TP1 is suggested in this trade due to expected reversal of BTC price from PRZ.
Bitcoin BTC Price Targets after the Ethereum Shanghai upgradeEthereum’s Shanghai upgrade is scheduled to launch on April 12.
The upgrade will make more than 18 million ether, worth approximately $34Billion, withdrawable, possibly causing a sudden crypto market supply dump.
This is my scenario for Bitcoin:
BTC /USDT short:
Entry Range: $30000 - $30900
Price Target 1: HKEX:26600
Price Target 2: $25300
Price Target 3: HKEX:23200
Stop Loss: $33500
Three paths for Bitcoin BTC price, which one will you choose?Here are 3 fractals from the history of BTCUSD trading:
Red is a likely repeat of the Triple Top pattern from May 2018. It implies a correction to 17600$ and a further upward trend.
Yellow - market growth as in 2019. It implies without correcting growth to the 40,000$ area, and only then can a protracted correction begin.
Green - in anticipation of "BTC halving" in a year, a repetition of the non-stop growth trend like in 2015-2017. It suggests a possible correction to the region of 24,000$-25,000$. The maximum target is 700k$-750k$ per BTC
Write in the comments which scenario seems most likely and plausible to you
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Liquidity Grab Towards Relative Equal Lows and Equilibrium PriceBTC is correcting towards its relative equal lows. In trading, relative equal lows refer to the occurrence of two or more lows in the price of a security that are approximately at the same level. These lows are considered "relative" because they are compared to other lows that have occurred in the recent past.
If a security has formed two or more lows at roughly the same level, it suggests that there is a level of support at that price point, and traders may see this as an opportunity to buy the security at a potentially favourable price. However, it's important to note that just because a security has formed relative equal lows does not necessarily mean that the price will continue to rise, and traders should always consider other factors such as market trends, news, and economic indicators before making a trading decision.
The Fibonacci 0.5 level is often considered as a midpoint or equilibrium point in price movements. However, it is important to note that it is not a fixed or absolute level and should not be relied upon solely as a trading signal. The Fibonacci retracement levels are used in conjunction with other technical analysis tools and indicators to identify potential support and resistance levels, as well as entry and exit points for trades. Therefore, while the Fibonacci 0.5 level may provide some information about price equilibrium, it is only one factor to consider in a comprehensive analysis of market conditions.
The Future of Bitcoin: A Personal Forecast for Long-term Trade
A Comprehensive Guide to Bitcoin Forecasting: Trends, Analysis, and Expert Opinions, believe it or not :)
I'm excited to announce that my Bitcoin prediction and forecast have surpassed the targets I mentioned earlier, and they're still going strong and on track. Thank you for joining me on this journey. As they say, patience is a virtue that pays off in the end.
I've created this chat to share my perspective on the future of Bitcoin. However, it's crucial to conduct your own research and analysis before making any investment decisions. This chart reflects my personal view and opinion, and I must confess that predicting Bitcoin's trajectory accurately feels fantastic. It's almost as if I'm a modern-day Nostradamus, albeit with a sense of humor (lol).
I hope that my insights and analysis will help you enjoy long-term trading profits.
Short Bitcoin after Market Structure Break of $29,600Since Bitcoin has failed to reclaim 29,600 I am Short. Invalidation would be a 2H close back above 29,600. Thus far since the dump Bulls have not been able to organize enough push the price back into an uptrend scenario. On LTF I am seeing Bears in control. The previous visit to this level had a quicker reclaim and more Bullish price action at this level. The single tap of 29,500 was also swiftly rejected lower.
#Bitcoin - thoughts out loud #18!!! IT IS IMPORTANT TO READ THE DESCRIPTION !!!
Good evening, we are from Ukraine !
I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this asset.
After the false breakout and liquidity withdrawal, I would like to draw special attention to the increased volumes and the price's rapid return to trading margin. At the moment, this is not enough, there is no confirmation. At this stage of the situation, we can partially open a position (5-10%). Then monitor the situation and add the rest of the volume if the buyer's test is successful and there is activity from professional operators, i.e., the asset needs a force to move the price to the next liquidity (price range 23300 - 24300 ).
The mood is long, that's the only way.
If the current situation does not meet the current criteria, I expect the asset to depreciate to 19000 .
Thank you all for your attention, I wish you success, and remember:
Sometimes you win /sometimes you learn .
#Bitcoin
Time To Take Profit (BTC/USD)Crypto moves in cycles. For example: Bitcoin happens to find a top each 4 years, meaning a complete Bitcoin cycle contains of roughly 208 weeks.
In those 208 Bitcoin goes up and down, creating smaller daily cycles. Bitcoins daily cycle consists of approximately 65 days. In the bull market, which I believe we are, The tops of those daily cycles are found past the halfway point of the daily cycle. This means that a top is liklely after 34 days of climbing.
We saw this in the previous cycle too. The cycle lasted for 70 days, on which the top was found at day 54. That cycle was right translated.
The current cycle is at day 38. We saw a shooting star candle at day 35. Meaning that it is likely that a short term top is in. In case Bitcoin goes higher, it is unlikely it will break all the resistances above so taking the risk for more gains on the short term does not make lots of sense.
Right now im short term bearish on Bitcoin. Note that the last green candle is an estimate of when a bottom can be found, not at what price.
Bitcoin Trying to reach 31K before it runs out of fuelBTC New Pattern that we want to pay more attention to anything else is the new rising broadening wedge
obviously we havent seen ANY lows for a long time , maybe we see it after reaching new highs 31K or we start the new Low process since SPX is giving bearish signals
Thanks for watching