Bitcoinpriceprediction
Bitcoin About to Break Our Major descending triangle from ATHIt would be a HUGE confirmation of an all time high coming to bitcoin if we break 51K-53K, as you can see in the triangle we need to break the upper white line and stay above it and so far Bitcoin has been doing great at support and resistance. Making me very bullish.
The next leg is gonna be Huge let me tell y'allThe huge #Bitcoin bull run started almost 12 months ago this week...We are up +312% since then.
The next leg is gonna be Huge...big bullish volume is coming in.
Now we are moving sideways...We need to break through this $46k local resistance to really get going although don't be fooled there is still a lot of resistance to breaking through.
Secure your daily profits and don't panic selling your holdings.
Lastly don't forget to buy the Dip!
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Best Regards, Reda Souhail™
Bitcoin as predicted still in a triangle Bitcoin is still bouncing inside this triangle almost perfectly with 5 touches on the bottom line and 3 on the top line will Bitcoin drop to 38-37 K levels for us to buy in or will it bounce and recover to 48-49K...............only time can tell, but let's check the charts shall we
Bitcoin Bull TrapHello Everyone,
Today I am showing my bitcoin Descending Wedge Bull Trap Scenario. We have seen this pattern at the 60k area and now we are seeing it yet again in the 40k area.
Here are the Technicals:
1. Bearish Price Action - Volume is going up as Price is going down
2. Weekly/Monthly showing signs of cycle exhaustion. - The monthly Chart has maxed out on RSI and the weekly is showing similar patterns of market cycle reversal.
3. HS validation and Retest. - Both models show a head and shoulders pattern being validated with a retest.
I am expecting a bounce at 38k but this does not change the overall sentiment. I believe we have entered the bear market cycle and will continue to be in it until sentiment changes.
As Always, be patient, use risk management, and good luck trading.
Bitcoin price prediction for coming years.
My thoughts on the current situation.
Bitcoin and the relationship between the bullmarket TOP and HALVING.
In the two previous cycles, the TOP of the entire growth cycle was exactly 820-850 days before the next HALVING.
Taking this into account, theoretically, we should reach TOP in December this year, and then go into
a downward trend and consolidations for the coming years.
It is worth noting that in the previous cycles, after reaching the peak(about 820-830 days before HALVING),
the distribution in the Descending Triangle formation began. In my opinion, it is likely that due to the global crisis,
the top of the current cycle was achieved much faster ( 64k in March) and currently we are already in distribution phase.
Taking historical analysis of previous cycles into account, I estimate Bitcoin will find a bottom between $ 16,500 to $ 10,200 over the next 12-18 months.
A PREDICTION ON BITCOIN PRICE MOVEMENTS IN SEPTEMBER AND OCTOBERThe cryptocurrency market, especially bitcoin, is well-known for its uncertainty and high volatility. In our analysis in late August 2021, we successfully predicted the price corrections of bitcoin for the $44-$42k channel.
Corrections are necessary for any dynamic market as they provide investors with the opportunity to re-enter the game and take profit from swing trade and even long-term investments.
In this analysis, we have adopted:
- 4H Chart Date
- IntorTheBlock.com in-chain data analytics for fundamentals
Note:
- As per reports, the available bitcoins on exchanges are the lowest amount since November 2020, which indicates that the whales are buying the dip, and most of HODLers tend to keep their bitcoins for higher prices.
Bitcoin's recent price correction was majorly due to the manipulations by the major exchanges to liquidate the long and high leveraged positions, which resulted in more than $3.5 billion liquidations so far.
- Bitcoin Dominance is going to be re-established in the market. However, we need to consider the fact that the cryptocurrency market has been expanded vastly, and the market is not restricted to some coins anymore. NFTs, DeFi, fast-growing protocols like ADA, SOL, and Polygone, in addition to ETH 2.0, are now competing to get their share from the market dominance. Therefore, expecting a dominance rate like 60% 0r 70% for Bitcoin is not very predictable, and Bitcoin will continue its story with dominance rates ranging between 45% to 55% in the future.
In this analysis, we have considered the dynamic resistance (tactical level) around $48-50K, which plays a crucial role in breaking out of the critical resistance level of 52-54K.
The emerging golden cross on the daily chart (EMA 50 upward cross with EMA 200) indicates the significant momentum for the new rally. Moreover, on the 4H chart, the current candles strive to break out the Ichimoku cloud, and it will construct a tension in the price by the remaining days of this week.
As indicated in prediction candles (yellow color), we expect a sharp uptrend from tactical resistance for breaking the key resistance of 52-54K. We predicted a quick breakout; however, adequate volume is needed to confirm this action.
Due to this sharp and quick breakout, there will be a high tension are on the days ahead, ranging between $55K and $59k zone as there will be high-pressure sales for taking profit by the swingers. Scalpers can enjoy this moment. This portion of the prediction will take 2-3 weeks.
If the bulls can overcome the challenges in the High Tension Zone and the big brothers (big exchanges), don't manipulate the market to liquidate the high leveraged positions, we expect by the End of October, the bitcoin price can have a successful breakout from ATH (64-65k) strategic resistance.
Thanks for sharing this scenario, following us, and liking this post.
We wish you all profitable trade ahead.
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Bitcoin might breakdown in Short Term. Stay Cautious!As I have stated some major resistance levels for BTCUSD which are also supported by the volume in my previous analysis, Bitcoin seems to get rejections multiple times from the 50-51k level.
For now, Bitcoin is forming a descending triangle which usually breaks down. $49600 is a strong support breaking and retesting of which can make BTC bearish atleast for short-term. Support levels in short-term are marked. In what direction you think will Bitcoin play? Comment down.
For my detailed bitcoin analysis, check
Muneeb.
#SyedMuneebAli
Will Bitcoin Break to New Swing High — 02 September 2021Hey there! Since last day Bitcoin price moved up +8% making it's way to $50000. From 26 August price managed to float above Daily Moving Average (DMA) 200 period and it seems like a strong evidence of buyers dominance.
Since breakout from triangle I am expecting price to reach new swing high during next 3 or 4 days, targeting $53200.
Stay profitable
Best regards
Artem Shevelev
BTC/USDT . Printing head n shoulder (healthy correction)If you look MONTHLY chart
BTC is always facing a pullback every NOVEMBER
(you can check it since 2017-2020 , november monthly candle are always red)
If history repeat again. So maybe the scenario will follow the bars pattern.
considering the RSI days is having a bearish divergence too. and creating a rising wedge pattern.
After that correction. BTC will pump till end of the year.
waddya think?
*not financial advice
BITCOIN daily chart update.. WTF?? Folks,
Here is my daily update on the BTC chart on the daily chart... this morning I presented a 4 hour analysis and this is the daily chart..
I love Japanese candlestick pattern.. They have helped me so much and I study them quite some time but it is still difficult to fully embrace the meaning behind the bars..
So much psychology and that is the reason I love trading.. It is not for the money.. It is trying to get better and better everyday.. Analysis, studying, trade, fail, analyse what has gone wrong, journaling every trade and
read many books on trading..
The goal is to become a professional trader in 3 years!! SO I have put the word out..
I hope you guys enjoy my analysis and that it helps you to take advantage and gain some control and direction..
But at the end never forget You can't know what is going to happen!!! Accept it and commit yourself to become a PROFESSIONAL LOSER.. Think about what I am trying to tell you here.
Thumbs up if you do like the content and support by following this channel..
PS..
Which chart would you like me to analyse for you??
1. start following me
2. comment which one you want to be analyzed..
Have a great trading day..
Cheers..
THE WINNING MINDSET.
1H Chart. BTC Squeeze, Explosive Move Incoming ? Hello friends, latest update on the last analysis which was exactly as visualized.
1 . There is ongoing squeeze for $BTC, one-hour chart. Massive battle at the $46k region between the bulls and bears. Pressure is building either way.
2 . I had to use a Channel for clarity. You can see on the chart, back and forth Push-n-Pull forces acting on Bitcoin at this range .
3 . If Bulls win, we breakout upwards this channel , and EXPLOSIVE price shoot will happen.
4 . If Bears win, breakdown will happen , a significant drop will happen. Strong support will hold only for the time .
5 . Key candle for upward confirmation must begin at $46,500-503 $BTC price . Watch out
If all else remains constant and NO government FUD … this analysis will remain valid.
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Bitcoin End of Year Price Prediction ? BTC/USD #Bitcoin $BTC Here we see our weekly Bitcoin chart on Coinbase with that colorful Gann Fan indicator on it . You can see the blue levels in this fan are generally Bullish - and if we come to the top of that blue line in December 2021 it will take us up to 288k area ! That's incredible ! 288,000 would be about 14X up from our previous All Time High from the late 2017 Bullrun near 20k. So a slightly diminishing roi but it is definitely possible . Now I personally was calling 244k as probable blow off top just based on long-term upper trendline but we'll have to wait and see what happens ! It's gonna be a wild year ! What's your end of year prediction ?
BITCOIN Breakout to 100KIt seems as tho bitcoin have been forming a breakout triangle since its peak at around 60K.
Only a matter of time before we breakout...
Is 100K possible by the end of the year?
Doesn't look so crazy when you zoom out.
Let me know your thoughts.
Be sure to follow and leave a like
Good luck Traders!
Bitcoin Channel BreakoutAs you can see, bitcoin has been falling in a descending channel.
Furthermore, the rsi has been forming a bullish divergence...
Keeping our S/R lines in mind, it would be probable to see a breakout of the channel, followed by a bounce up to and off of the 39K line
Good luck Traders!
Bitcoin Price Prediction: Uptrend ResumptionAfter hitting as high as 42,600 on 1 August, Bitcoin prices could not proceed further, putting a pin in the balloon of traders holding bullish Bitcoin price prediction bets. The corrective move is said to have liquidated nearly 358K positions at a price of just over $37,500.
Tuesday’s move marks the 4th day of Bitcoin prices ending up in the red, but the price candle has found support at the 37455 price level.
Bulls need to build momentum on the intraday bounce to push the price above the price wall at 40,750/42,500. If this breakout attempt succeeds, 43569 and 46203 become the immediate upside targets.
If price breaks below 37455, 35297 and 32,500 become the immediate targets to the south. 30208 is also the barrier that stops the BTC/USD pair from dipping towards 27658.
It is also possible for price to become range-bound between the price wall that has 40750 serving as the ceiling and 37455 as the floor. The range can also be extended to include a new floor at 30280 if 35297 and 32500 give way.
Feel free and get in touch for more ideas and trade signals
Bitcoin $526,000 August 2022 Cycle TopAugust Capitulation: fractal taken from previous capitulation in March 2020, lines up with the Gann speed fan & prior all-time-high Capitulation > Cycle Top: the time between the two would be 12 months exactly Elliot Wave Theory: validated Fibanocci Indicators: parallel channels, extensions & circles all bring confluence to this exact date & price
BTC ROAD TO $300K by 2022.#BTC Golden Cross 🚀 (Road to $300k)
Golden Cross is crossover of the 200-day average by the 50-day average. A golden cross suggests a long-term bull market going forward,
In 2020 Bitcoin printed golden cross on daily chart as result within 1 year bitcoin reached $64k from $8k that's 800% of growth.
If bitcoin manage to print golden crossover again and hold above it then Bitcoin will reach $300k from $40k level by end of 2022.
A short term target would be $100k by end of 2021 or march 2022.
Bitcoin Supercycle RoadmapWhile it is not certain if this will be a Bitcoin supercycle, here are the key levels to pay attention to and track on the way to the supercycle and Bitcoin price targets of 100K+.
1. 44.5K: 200 Day Simple Moving Average
2. 51.2K: 61.8 Fib Retracement
3. 59.7K: Lower high breakdown from previous ATH
4. 65K: Previous ATH
5. 100K+: Supercycle
Simple, but powerful! Keep these levels in mind.
BTC 15m Chart Parabola Breaking DownLooks like we just broke the parabola and had a retest which actually created a bearish divergence. If you look at the BTC market cap index chart, it looks like we also have a bearish divergence on the 1hr also breaking a bigger parabola. Could see a big move down very soon. I linked the other idea below.
Key levels we could have temporary bounces on are circled.