Bitcoin about to increase to new level at recovery! 8460-8550!Bitcoin on way to increase to new level, as expect.
Bitcoinpriceprediction
new prediction after calculating the new factors in the marketI had to change my prediction due to the fake volumes which been added by Chainx.kr , omgfin.com and seems like few others
their market manipulations caused my algorithm to be less accurate then it used to be , its still over the 65% but it was over 82% , 5 weeks ago .
by adding the fake volumes and detect similar types of market manipulators them to the calculation i think the Algo can be more accurate, and i think i can predict their future movement
Bitcoin — Bearish Engulfing, Bullish StructureWelcome at Bitcoin Daily update:
Price in the nice uptrend channel and right on top of it we see Bearish engulfing structure:
I will buy any dips within current range down to $8000.
Targeting to $9800 and $10800 in mid-term.
Previous Daily update:
Golden Cross, Death Cross, and Halving - Time ComparisonsUsing a 50/200 MA I've laid out time frames between the various occurrences of golden crosses, death crosses, and halvings.
Wanted to share with the community and see what theories any of you may have from seeing this and if you're noticing any patterns.
When to buy Bitcoin?Bitcoin is going through a correction after a rejection happened yesterday at 9200$. Now the question is when to buy bitcoin at what price point?
Let's analyze 4H timeframe:
- Bitcoin broke down from rising wedge yesterday, rising wedge neckline should act as resistance for a further drop. So we need to see how price reacts when it tries to break above 8800$.
-IF Price rejects at 8800-8900$ then, it will make a lower high on the lower time frame, and that could be followed by lower low later.
-We can also spot another rising channel trendline inherited from 6850$ when price made a Higher low and broke out from bearish structure by making high later on.
-Trendline support is at around 7800-7900$ which should act as strong support for bitcoin.
Elliot waves count
An impulsive move from 6430$ looks like the starting of Major wave impulsive wave -1 which can be divided into 5 sub-waves.
First subwave: price rose from 6430 to 7660$
Second corrective wave: price corrected to 6850$
third subwave: price rose from 6850$ to 9200$
Bitcoin is currently into subwave-4 of major impulse wave-1 which could correct the price to sub 8000$.
Support levels to watch out for bounce:
7800,8200$ and 8500$.
Bitcoin can bounce from any of these areas and continue the bull trend.
As the Chinese new year will approach this week, we might see a brief consolidation for 1-2 weeks, and that should be the best time to accumulate bitcoin for halving rally.
Trade Signal:
XBTUSD
Entries: 7800-8200$
Exit: 12000-13000$
STOP: 7400$
Bitcoin flipped bullish on weekly chartLast week was much productive for bitcoin: price rallied to 9200$ and then dropped to 8400$ followed by a huge sell-off.
Despite sell-off on the last few hours of the week, bitcoin managed to close the week above the PREVIOUS week high at 8600$.
8300-8600$ should act as weekly support for now for bitcoin for bullish continuation.
Bitcoin also closed the week above 21MA - the first time since March'19.
Looking at MACD, we can bitcoin is just about to have a bullish crossover on the weekly chart, which indicates a multiweek bullish continuation.
Bitcoin may slow down a bit a consolidate in 7700-8500$ for next 1-2 weeks because of Chinese new year holidays, but overall things are looking pretty bullish for bitcoin - and the price could rise above 13000$ before halving.
Bitcoin has a date with 200 DMAHi guys! Based on my previous analysis Bitcoin has reached critical resistance point.
Bulls have still power but we need to wait what is gonna to happen now. Breaking 200 DMA will move price of BTC to 9500 hard resistance (mirror level) - I would say to the line between bull and bear market. As I mentioned
before If it stays above 9500, we will never go back below previous years lows. If Bitcoin failed to break 200 DMA, bear market could continue..
Take care!
-DP-
Let's Flip a Bitcoin: Bullet Proof Let's see how stable that bottom really is.
As always, this is your signal analyst, Krewbacca_xR.
Shutting down fake analysts left and right with these two hands.
Let's Flip a Bitcoin (mini series): Wykeoff's NightmareThere's a lot of analysts supporting this Wykeoff strategy. Perhaps a bit of a clickbait?
Trade Tag: Wykeoff's Nightmare
Position Type: Short
Margin: 1%
Leverage: Cross
Entry: @7950
Exit: @7156
BTC SQUEEZE MANIPULATION EXIT SCAMBe careful trading Bitcoin.
We are at dangerous levels of inflation.
8100 is resistance, crash may be imminent.
Set your shorts carefully, shakeout will happen when Chinese market opens.
Thank you for reading.
-dysonring2050
Possible day trend No gold chart, but a trend IDEA SHORT!!i expect bitcoin will breakdown hard after MT Effect.
see my before Gold chart update.
Bitcoin SHORT TERM PRICE PREDICTION Reasons for open position.
1. Recent pump was unable to close above significant resistance @ $7400.
2. Consolidation significantly below recent high.
This analysis is invalid if a 1hr candle closes above $7400.
BTC Spot Price PredictionI posted this already, But i Posted it in the comments section of my Last Published Idea. I wanted to publish it on it's own so i can press play a month down the line and see how things lined up. So far the call for support at 7200 was accurate. Where it could go from there, only time will tell the tale.
WHERES THE BOTTOM?? - BITCOIN 2019Reasons for open position:
1. Bullish divergence on RSI forming on the daily time frame
2. Descending channel support converging with very significant horizontal support ($6,000)
3. decreasing bearish volume on recent downward impulse.
Making it simple. All solid buy opportunities for Bitcoin.Here I have a few places where a nice long position could open up. Now not everything is always exact but here are a few to see when a good buying opportunity could happen.
1. A confirmed breakout of the channel to the upside (with volume and closed candles) is extremely bullish and could signal the bull run.
2. Bitcoin drops a bit to the downside to hit the bottom of the channel along with support at 5500. Not a bad buying spot knowing that 3100 was the bottom.
3. Bitcoin falls out of the channel and through 5500 could spell a buying opportunity at 4000. A buy here is only 900$ above the low of the bear market and a 80% drop from all time high.
4. Bitcoin falls lower to the point where the RSI becomes oversold which could be a great time to start buying.
5. The MACD starts to make a cross signaling a possible uptrend. Now with the MACD you may need another source to open a long I.E (support, confirmed uptrend, other indicator).
Just trying to make things simple when technical analysis can be confusing to some and have people second guessing sometimes. I FEEL that these indicators/instances could be safer buys at times when people feel lost looking at the BTC price. Always have a plan!
Let's Flip A Bitcoin Issue #5 DuckTapeTwo trades
Long Entry: $7200
Target: $8100
Short Entry: $ 8300
Target: $5888
Trade Signal: Bearish Inverted Cup and Handle
Trade Time Range: 1 or 2 Months Maturity
Indicator Satoshi's Kode SK
Let's Flip a Bitcoin Issue #4 SKHello Ladies and Gentleman,
I am here to present to you all Satoshi's Kode. My latest and likely my finest signal.
Embedded into the chart there is a secret language that only a few know. I am here to provide you a small taste of its unbelievable functionality.
Using Signal Analysis we are able to decrypt the signal and generate the most probable outcome for the latest formation. Please pass the message onto the next. Satoshi's Kode is a fact, it is inevitable, it accounts for specific time key, price, and spacial approximation.
This trade has two parts.
Trade type: Long
Entry: $7,300 - $7,350 Price Per Bitcoin
Exit: $8,000 December 20th - 22nd, 2019
Entry: Approximately $8,000 December 20th - 22nd, 2019
Exit: $7350 January 20th - 2019.
We'll review the results of this trade signal on the premier of our web series: Let's Flip a Bitcoin: Season 2 on 12/31/2019 via Instagram TV.
Let's Flip a Bitcoin Issue #4 SKHello Ladies and Gentlman,
I am here to present to you all Satoshi's Kode. My latest and likely my most finest signal.
Embedded into the chart there is a secret language that only few know. I am here to provide you a small taste of it's unbelievable functionality.
Using Signal Analysis we are able to decrypt the signal and generate the most probable outcome for the latest formation. Please pass the message onto the next. Satoshi's Kode is fact, it is inevitable, it accounts for specific time key, price, and spacial approximation.
Take Profit: $6,100 Price Per Bitcoin.
Entry: December 20th - 22th, 2019
Exit: January 20th - 2019.
We'll review the results of this trade signal on the premier of our web series: Let's Flip a Bitcoin: Season 2 on 12/31/2019 via Instagram TV.
BITCOIN CAN GO DOWN AGAINIf this weekend BTC falls below the threshold of 6200 EUR, most likely, it will continue to fall further and the most important supports are at much lower historical values. Today we are in a test of the demand, but I believe that the market demands a lower price.
Let's see how it goes on the weekend.
BTC USDT, Probably Bearish PennantIt seems that enthusiasm due to the recent decline in historical media is rapidly coming to a halt. The most attentive has not responded to the purchase around 7k USD. I believe that this triangle can predict the new Bearish towards lower supports confirming last week's bearish trend.
A difficult time to venture forecasts, but we'll see.
For me, it's a 70% Bearish.
BITCOIN CAN GO DOWN AGAINIf this weekend BTC falls below the threshold of 7000USD, most likely, it will continue to fall further and the most important supports are at much lower historical values. Today we are in a test of the demand, but I believe that the market demands a lower price.
Let's see how it goes on the weekend.
Will Bitcoin break 9.5K resistance area?Hello crypto friends,
As Bitcoin consolidates in a falling wedge pattern, which usually, but not always, breakouts to the upside, we see a strong convergence on different oscillators .
RSI and Bill Williams Awesome Oscillator show convergence of the price moving to the downside and indicators moving upside. Such action usually tells us about trend reversals which might happen in the future. Concerning the fact that price is moving an a falling wedge with convergence gives a good chance of a quick move up.
But how far can Bitcoin grow in that local uptrend?
First strong resistance will be in a 9.5K area which corresponds to 0.382 Fib Retracement level. Advice for traders: the biggest share of profits should be fixed at this level to enter a break-even position.
If BTC can break 9.5K level then our next targets will be at 10K and 11K levels which correspond to 0.5 and 0.618 Fib Retracement levels.
What will happen next the price will tell.
This idea is not a financial advise, but you probably know that already ;)
