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Bitcoinpriceprediction

btcusdt 4h uptade in last 4 days bitcoin almost pump upto 23%... if you buy bitcoin few days ago for shorterm holding then i recomand you to book your profite.... now possible we see some correction in markete. 1st resistance of bitcoin at 25200$ 2nd resistance area of bitcoin at 26700$ if you are looking for open position in short on bitcoin then i recomand you that currrently don't open any position in short till btc price cross 26700$. 1st local support area of bitcoin at almost 22800 ( small bounce back expected from this area) follow me for more update about crypto.
by CRYPTOPLAYERS-01
Bitcoin recovered My last post discussed the final stages of the Bitcoin correction. In that analysis I was expecting the end stage of the correction of Bitcoin, mainly because it had served its days of the 65-daily cycle. Never did i expect the following events though. The course I expected was failry simple: - Bitcoin will find support on the horizontal line, and go sideways from there. - Once out of the channel, we would shoot up again. What actually happened was: - Bitcoin broke support - Crashed down to our last resort support - Came back up as if the crash never happened The current state at the end of the day is: - Bitcoin is following our plan, but more explosive than expected. - Bitcoin is back in the red resistance zone. Breaking this one would give us a target of 28k. - I'm bullish!
COINBASE:BTCUSDLong
by FetchTeam
BTC potential next movementsBTC /USDT BTC has completed the 5 impulse waves and now in corrections waves In the chart what i think the most potential reversal levels for BTC 1st Support : is very close (20.3k - 19.8k) And its support of the falling wedge too Breakout the falling wedge resistance to confirm the bullish reversal of this one 2nd support : deep correction around (18.5k - 17.5k) I recommended to wait the reaction at these levels before any new trade/ investing Any thoughts or questions share with me in comment section below ⬇️
by Babenski
24
BTC Bitcoin Stress Test Next Week !!!After the last BTC Bitcoin chart pattern was perfectly validated: Now that the second largest bank serving digital assets companies, SI Silvergate, announced that it would wind down its operations on March 8 and SBNY Signature Bank continues its ‘orderly crypto unwind’ as crypto currency retreat continues, Bitcoin is a bout to face one of the most difficult weeks! My short term price target for Bitcoin BTC is $19100 and a Double Bottom by mid 2023. Looking forward to read your opinion about it.
Short
by TopgOptions
8
Bitcoin -> Bullrun Already Over?Hello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that Bitcoin is now actually breaking below the previous support zone, creating bearish market structure, so at least for the short-term, everything seems quite bearish. However you can also see that Bitcoin had a quite massive pump recently, the emas also shifted towards the upside, so I just expect a short term correction to the next support zone and then the longer term continuation towards the upside. On the daily timeframe you can see that the market is basically in free-fall mode, so I am now just waiting for a retest of the next support zone at the $18500 and if we then have some bullish confirmation, I do expect the next impulse towards the upside from there. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
Short
by basictradingtv
32
#Bitcoin - thoughts out loud #17 !!! IT IS IMPORTANT TO READ THE DESCRIPTION !!! Good afternoon , dear colleagues! I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument. For the current period of time, I continue to look for opportunities to buy an asset cheaper. As in the previous opinion, it was said that the range of 23000 - 23200 is a benchmark for further movement. As we can see, there is no professional activity. I expect purchases to resume around 19000 . Thank you all for your attention, I wish you success, and remember: Sometimes you win /sometimes you learn . #Bitcoin
Short
by WVitalievich
$BTCUSD BitcoinBitcoin (BTC) price has declined today. The price of Bitcoin (BTC) is $22,426.84 today with a 24-hour trading volume of $34,156,727,976. This represents a -3.70% price decline in the last 24 hours and a -6.40% price decline in the past 7 days. With a circulating supply of 19 Million BTC, Bitcoin is valued at a market cap of $432,715,752,258. What is Bitcoin? Bitcoin is a cryptocurrency launched in January 2009 with the first genesis block mined on 9th January 2009. It is a decentralized digital currency that is based on cryptography. As such, it can operate without the need of a central authority like a central bank or a company. It is unlike government-issued or fiat currencies such as US Dollars or Euro in which they are controlled by the country’s central bank. The decentralized nature allows it to operate on a peer-to-peer network whereby users are able to send funds to each other without going through intermediaries. For more information on Bitcoin, do read CoinGecko's How to Bitcoin book. Who created Bitcoin? The creator is an unknown individual or group that goes by the name Satoshi Nakamoto with the idea of an electronic peer-to-peer cash system as it is written in a whitepaper. Until today, the true identity of Satoshi Nakamoto has not been verified though there has been speculation and rumor as to who Satoshi might be. How does Bitcoin work? While the general public perceives Bitcoin as some kind of physical looking coin, it is actually far from that. Under the hood, it is actually a distributed accounting ledger that is stored in a form of a chain of blocks, hence the name blockchain. In a centralized system like the ones operated by a commercial bank, given a situation where Alice wants to transact with Bob, the bank is the only entity that holds the ledger that describes how much balance Alice and Bob has. As the bank maintains the ledger, they will do the verification as to whether Alice has enough funds to send to Bob. Finally when the transaction successfully takes place, the Bank will deduct Alice’s account and credit Bob’s account with the latest amount. Bitcoin conversely works in a decentralized manner. Since there is no central figure like a bank to verify the transactions and maintain the ledger, a copy of the ledger is distributed across Bitcoin nodes. A node is a piece of software that anybody can download and run to participate in the network. With that, everybody has a copy of how much balance Alice and Bob has, and there will be no dispute of fund balance. Now, if Alice were to transact with Bob using bitcoin. Alice will have to broadcast her transaction to the network that she intends to send $1 to Bob in equivalent amount of bitcoin. How would the system be able to determine that she has enough bitcoin to execute the transaction and also to ensure she does not double spend that same amount. Here is where mining takes place. A Bitcoin miner will use his or her computer rigs to validate Alice’s transaction to be added into the ledger. In order to stop a miner from adding any arbitrary transactions, they will need to solve a complex puzzle. Only if the miner is able to solve the puzzle (called the Proof of Work), which happens at random, then he or she is able to add the transactions into the ledger and the record is final. Since running these computer rigs cost money due to capital expenditure for buying the rigs and the cost of electricity, miners are rewarded with new supply of bitcoins that is part of its monetary system and some amount of fees paid by the person who wishes to transact (in this case it is Alice). This makes the Bitcoin ledger resilient against fraud in a trustless manner. While it is resilient, there are still some risks associated with the system such as the 51% attack where by miners control more than 51% of the total computation power and also there can be security risks outside of the control of the Bitcoin protocol.
COINBASE:BTCUSDLong
by BADQOMOCAWGOWLD
1
#Bitcoin - thoughts out loud #16!!! IT IS IMPORTANT TO READ THE DESCRIPTION !!! Good afternoon , dear colleagues! I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument. On this time frame, you need to pay attention to the development of events. The graphical situation is as follows: If professional operators are not interested in further markup of the asset from the range of 23000 - 23200 , then I expect a drop to 19000 . We are watching the development of events on the 15m. Otherwise, it's a long-only mood. Thank you all for your attention, I wish you success, and remember: Sometimes you win /sometimes you learn . #Bitcoin
by WVitalievich
4
#Bitcoin - thoughts out loud #15!!! IT IS IMPORTANT TO READ THE DESCRIPTION !!! Good afternoon , dear colleagues! I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument. I am continuing the deal open on the previous idea. There is a buyer present, everything is going according to plan. I expect an impulsive movement, by Monday, March 06, 2023 , I expect bitcoin at 25800 . Thank you all for your attention, I wish you success, and remember: Sometimes you win /sometimes you learn . #Bitcoin
Long
by WVitalievich
5
$BTCUSD BitcoinBitcoin (BTC) price has increased today. The price of Bitcoin (BTC) is $23,693.95 today with a 24-hour trading volume of $29,607,630,597. This represents a 1.30% price increase in the last 24 hours and a -3.00% price decline in the past 7 days. With a circulating supply of 19 Million BTC, Bitcoin is valued at a market cap of $457,812,511,932. What is Bitcoin? Bitcoin is a cryptocurrency launched in January 2009 with the first genesis block mined on 9th January 2009. It is a decentralized digital currency that is based on cryptography. As such, it can operate without the need of a central authority like a central bank or a company. It is unlike government-issued or fiat currencies such as US Dollars or Euro in which they are controlled by the country’s central bank. The decentralized nature allows it to operate on a peer-to-peer network whereby users are able to send funds to each other without going through intermediaries. For more information on Bitcoin, do read CoinGecko's How to Bitcoin book. Who created Bitcoin? The creator is an unknown individual or group that goes by the name Satoshi Nakamoto with the idea of an electronic peer-to-peer cash system as it is written in a whitepaper. Until today, the true identity of Satoshi Nakamoto has not been verified though there has been speculation and rumor as to who Satoshi might be. How does Bitcoin work? While the general public perceives Bitcoin as some kind of physical looking coin, it is actually far from that. Under the hood, it is actually a distributed accounting ledger that is stored in a form of a chain of blocks, hence the name blockchain. In a centralized system like the ones operated by a commercial bank, given a situation where Alice wants to transact with Bob, the bank is the only entity that holds the ledger that describes how much balance Alice and Bob has. As the bank maintains the ledger, they will do the verification as to whether Alice has enough funds to send to Bob. Finally when the transaction successfully takes place, the Bank will deduct Alice’s account and credit Bob’s account with the latest amount. Bitcoin conversely works in a decentralized manner. Since there is no central figure like a bank to verify the transactions and maintain the ledger, a copy of the ledger is distributed across Bitcoin nodes. A node is a piece of software that anybody can download and run to participate in the network. With that, everybody has a copy of how much balance Alice and Bob has, and there will be no dispute of fund balance. Now, if Alice were to transact with Bob using bitcoin. Alice will have to broadcast her transaction to the network that she intends to send $1 to Bob in equivalent amount of bitcoin. How would the system be able to determine that she has enough bitcoin to execute the transaction and also to ensure she does not double spend that same amount. Here is where mining takes place. A Bitcoin miner will use his or her computer rigs to validate Alice’s transaction to be added into the ledger. In order to stop a miner from adding any arbitrary transactions, they will need to solve a complex puzzle. Only if the miner is able to solve the puzzle (called the Proof of Work), which happens at random, then he or she is able to add the transactions into the ledger and the record is final. Since running these computer rigs cost money due to capital expenditure for buying the rigs and the cost of electricity, miners are rewarded with new supply of bitcoins that is part of its monetary system and some amount of fees paid by the person who wishes to transact (in this case it is Alice). This makes the Bitcoin ledger resilient against fraud in a trustless manner. While it is resilient, there are still some risks associated with the system such as the 51% attack where by miners control more than 51% of the total computation power and also there can be security risks outside of the control of the Bitcoin protocol.
Long
by BADQOMOCAWGOWLD
1
$BTCUSDTBitcoin (BTC) price has increased today. The price of Bitcoin (BTC) is $23,682.53 today with a 24-hour trading volume of $29,126,506,860. This represents a 1.20% price increase in the last 24 hours and a -3.00% price decline in the past 7 days. With a circulating supply of 19 Million BTC, Bitcoin is valued at a market cap of $456,943,471,673. What is Bitcoin? Bitcoin is a cryptocurrency launched in January 2009 with the first genesis block mined on 9th January 2009. It is a decentralized digital currency that is based on cryptography. As such, it can operate without the need of a central authority like a central bank or a company. It is unlike government-issued or fiat currencies such as US Dollars or Euro in which they are controlled by the country’s central bank. The decentralized nature allows it to operate on a peer-to-peer network whereby users are able to send funds to each other without going through intermediaries. For more information on Bitcoin, do read CoinGecko's How to Bitcoin book. Who created Bitcoin? The creator is an unknown individual or group that goes by the name Satoshi Nakamoto with the idea of an electronic peer-to-peer cash system as it is written in a whitepaper. Until today, the true identity of Satoshi Nakamoto has not been verified though there has been speculation and rumor as to who Satoshi might be. How does Bitcoin work? While the general public perceives Bitcoin as some kind of physical looking coin, it is actually far from that. Under the hood, it is actually a distributed accounting ledger that is stored in a form of a chain of blocks, hence the name blockchain. In a centralized system like the ones operated by a commercial bank, given a situation where Alice wants to transact with Bob, the bank is the only entity that holds the ledger that describes how much balance Alice and Bob has. As the bank maintains the ledger, they will do the verification as to whether Alice has enough funds to send to Bob. Finally when the transaction successfully takes place, the Bank will deduct Alice’s account and credit Bob’s account with the latest amount. Bitcoin conversely works in a decentralized manner. Since there is no central figure like a bank to verify the transactions and maintain the ledger, a copy of the ledger is distributed across Bitcoin nodes. A node is a piece of software that anybody can download and run to participate in the network. With that, everybody has a copy of how much balance Alice and Bob has, and there will be no dispute of fund balance. Now, if Alice were to transact with Bob using bitcoin. Alice will have to broadcast her transaction to the network that she intends to send $1 to Bob in equivalent amount of bitcoin. How would the system be able to determine that she has enough bitcoin to execute the transaction and also to ensure she does not double spend that same amount. Here is where mining takes place. A Bitcoin miner will use his or her computer rigs to validate Alice’s transaction to be added into the ledger. In order to stop a miner from adding any arbitrary transactions, they will need to solve a complex puzzle. Only if the miner is able to solve the puzzle (called the Proof of Work), which happens at random, then he or she is able to add the transactions into the ledger and the record is final. Since running these computer rigs cost money due to capital expenditure for buying the rigs and the cost of electricity, miners are rewarded with new supply of bitcoins that is part of its monetary system and some amount of fees paid by the person who wishes to transact (in this case it is Alice). This makes the Bitcoin ledger resilient against fraud in a trustless manner. While it is resilient, there are still some risks associated with the system such as the 51% attack where by miners control more than 51% of the total computation power and also there can be security risks outside of the control of the Bitcoin protocol.
Short
by BADQOMOCAWGOWLD
2
#Bitcoin - thoughts out loud #14!!! IT IS IMPORTANT TO READ THE DESCRIPTION !!! Good afternoon , dear colleagues! I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument. The current situation suggests that the asset may rise in price over the next week. For further gains to occur, professional operators and other market participants should keep the price above 22722 with possible false breakouts. After this formation, we will have all the doors open for further upward movement. Otherwise, we will see a decline to the next support price, where there will be demand at favorable levels. Stay tuned for an update of the idea, there will be a continuation of the idea. Thank you all for your attention, I wish you success, and remember: Sometimes you win/ sometimes you learn. #Bitcoin P.S. Consider the previous idea and search for an entry point.
Long
by WVitalievich
2
Bitcoin Free Fall Starting Mid MarchMultiple negative divergences are seen here on daily. -Ascending Wedge -Broadening ascending wedge -MACD Negative Divergence -Money Flow Negative Divergence I have a downside initial target at 17.5K -- I have to see from there where the market goes. If inflation is not under control by May / June, and the terminal rate nears 6-7 percent, Bitcoin will go into full-blown capitulation. Be careful if you are a long-term investor. I would sell everything at 25-26 on the next rally.
COINBASE:BTCUSDShort
by JonGalt_
1