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Bitcoinpriceprediction

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.
BITSTAMP:BTCUSDLong
by haroonsiddiki
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 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
59
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.
BINANCE:BTCUSD.P
by Fondera
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.
BITSTAMP:BTCUSD
by DR.
1
#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
Long
by WVitalievich
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.
BITSTAMP:BTCUSDShort
by FetchTeam
Bitcoin - Last Stand For The Bears? ⚔️Taking a look at the Bitcoin Daily chart. We're at a crossroads with our precious Bitcoin (and all of crypto). Bitcoin has shown remarkable resilience in the face of some serious FUD (Binance lawsuit + SEC warpath on all of crypto). We’re approaching and beginning to test the zones of Summer ‘22 (blue zone), with most traders weighing the possibility of a push to $30K. If we get a hard rejection at HKEX:30 ,000, a sharp move back down is what we’re eyeing up. Which is that blue demand zone we’ve mapped out. However, if we see a continued push and price consolidation above HKEX:30 ,000, HKEX:32 ,000 would be next in line (bulls would be jacked up). To add to the bullish case, we are currently in a bull flag. These next few weeks will be interesting as both stocks & crypto are approaching key price levels. We've also drawn out a few bullish and bearish zones that could potentially be nice short/long opportunities. If we see a strong push-up towards 31-32K, getting short would look quite enticing. On the flip side, if we see a downward spiral toward the 19-20K area, and even below that, these would be juicy buy & hold prices (at least we think so). As always, NONE of this is financial advice. Trade, and invest at your own risk. This is for educational and entertainment purposes only, and we are in no way shape or form financial advisors. As always, eyes peeled out there team. See ya in the next one.
by QuantVue
6