Get started

Bitcoinpriceprediction

BITCOIN BEAR to test $30,000. Prepare your ...ahem....self.Bitcoin has been in a sloppy rising channel for over a year. It tried 4 times to break out of the channel recently and is now back testing the bottom of the channel. If it closes below the channel on the daily, look for Bitcoin to fall to the support zone which is around $30,000. It's also the midline of a long term VWAP. Selling volume is much stronger than buyers and MACD is taking a dive. COINBASE:BTCUSD BINANCE:BTCUSDT
Short
by tradepsych
Bitcoin Upward WavesSince the previous Bitcoin Impulse wave analysis got very long, here the subsequent analyses for Bitcoin Upward waves will be presented. Anyway, continuing from the last analysis; the correction started when Bitcoin touched the major channel's upper line and the horizontal resistance area (The chart of previous analysis is provided for reference in blow). There are two possible areas for the current Bitcoin't correction wave. The first is the purple triangle, and the second is the orange one. The only difference between these two areas is that if the Bitcoin reaches the orange triangle, the major ascending channel will be invalidated, since Bitcoin has breached the channel's bottom. Let's see what happens.
BITSTAMP:BTCUSD
by SaeedSalehinia
4
BTCUSD Bitcoin - Jan to Jan , what's next?! 22.1.24The common assumption is that Bitcoin is crazy and unpredictable. But if we look at the big picture - A technically perfect picture appears, predictable looking at roughly a year and a half of trading. Connecting the lowest and highest points creates an ascending (rising) tunnel with parallel lows and highs. The current floor of the long-term trend is around 32,000 per coin. The current roof of the long-term trend is around 50,000 per coin. A daily weekly candle close below 40,000 could mean 38,000 to 32,000 would be the next targets to come. A daily weekly candle close above 40,800 could mean immediate target would be back to 42,000 following with 44,000 and 48,000. ETF news provide turbulent movements which provide attractive entry points in the bigger picture view of up-trend since beginning of 2023. A weekly close below 32,000 would be the sign of the picture shifting, but until that happens bitcoin is overall expected to have a very bullish year.
BITSTAMP:BTCUSDLong
by Exactus
2
Will it hold?Bitcoin is retesting (again) my trendline. I see everyone calling for new highs, and last time that everyone was greedy... You know what happend. Now you are all greedy again, what could happen? I personally sold half of all my spot bags, and added more to the BTC shorts. I am short on BTC only. Of course my trendline can't hold forever, but i think we are closer to the drop. Big funds want to buy bitcoin, do you think they will buy it at this price when they can buy lower dropping it? Are you serious?
Short
by SaliJournal
SEC's Jan 10th BTC ETF deadline ("buy the rumor, sell the news")The adage "buy the rumor and sell the news" might apply to Bitcoin with BlackRock and Fidelity’s potential Bitcoin ETF approval on the horizon. In the event that the SEC denies the ETFs, market participants might eye downside targets below $41,500 and $41,250 if we get a wild swing to the downside. Conversely, approval from the SEC may pave the way for an immediate targets of $48,250 and $48,700, with a sustained bullish sentiment propelling trading into the 50-55K zone. However, lingering questions persist about the market's reaction, raising the possibility of countering recent optimism and lending credence to the "sell the news" adage. Bloomberg reports suggest that approval for Bitcoin Spot ETFs could materialize as early as this week, with the SEC's decision deadline set for January 10. Insiders speculate that the regulator might leverage this deadline to announce decisions on nearly a dozen Spot Bitcoin ETF applications simultaneously, including those by BlackRock and Fidelity.
BLACKBULL:BTCUSD
by BlackBull_Markets
BTC Bitcoin ETF "buy the rumor, sell the news"BTC Bitcoin Price fell today amid speculation of ETF rejection. Employing the strategy of "buy the rumor, sell the news," traders strategically capitalize on market movements by entering positions based on speculative information. This approach involves opening positions on rumors and closing them when the anticipated news is officially announced, typically resulting in a profit. However, it's crucial to note that this strategy is often driven by the fear of missing out (FOMO). The surge in buying activity prior to the news can lead to heightened selling pressure from market participants once the news is confirmed. Consequently, the price of the asset is susceptible to a decline as traders liquidate their positions, emphasizing the speculative nature of such market dynamics. My price target for BTC is about FWB:36K in this situation.
Short
by TopgOptions
1
BTC Macro Cup & Handle Forming w/Golden Pocket Breakout?Bitcoin rejected at the $45.5k level as we forecast in prior weeks live classes and we can see the sell order block at this level as well. Right now it looks like BTC is forming a macro cup & handle pattern, which would be a good thing here -- for Bitcoin to retest recent support (the handle) and then bounce off of this. I'm targeting the FWB:48K - $50k level as the next resistance level before heading higher (which is the macro Fib Golden Pocket retracement zone). The next buy order blocks are around $38k but the likely support levels are the 21 and 50 week EMA's around $30k and $35k respectively. Hard to say what happens next, with all eyes on the BlackRock and other ETF expected approvals. If for any reason ETF's are NOT approved 1st week of January, we could see a 50% drop and the Bitcoin CME gap potentially filled around $20k and as a final shakeout of retail investors.
COINBASE:BTCUSDShort
by BrettFogle
Weekly DXY Breaking Down Below 103 = Bitcoin and Crypto RallyThis is a great looking chart of the DXY on a weekly time frame. We have a huge Bearish engulfing candle forming on the DXY and breaking down below the 103 support level. This is looking very Bullish for Bitcion and the Total Crypto Market Cap. Also notice what happened after the last Bearish engulfing candles in October and November. This is great to see, after 11 straight weeks of Bullish Green weekly DXY candles prior to that. This is starting to look very interesting, and as we know as the DXY falls, Bitcion goes up. Also see my recent analysis on how we could see new highs by January, and $100k BTC by or before the Halving. Let me know what you think!
TVC:DXYLong
by BrettFogle
BITCOIN YEARLY GRAPHBitcoin Yearly Graph: Bitcoin exhibits a distinctive yearly pattern, characterized by three years of a bullish cycle followed by one year of a bearish cycle. The ongoing year has followed this trend, indicating a bullish phase. If historical patterns persist, the next two years could potentially be bullish for Bitcoin. 2012- Bullish (330%) 2013- Bullish (8900%) 2014- Bearish (-70%) 2015- Bullish (220%) 2016- Bullish (170%) 2017- Bullish (2500%) 2018- Bearish (-82%) 2019- Bullish (330%) 2020- Bullish (656%) 2021- Bullish (150%) 2022- Bearish (-70%) 2023- Bullish (177%) 2024- Bullish??? 2025- Bullish??? Are you ready for the upcoming bull run?
INDEX:BTCUSD
by Dexter_The_Trader
Bitcoin BTC price moves according to the fractal from the pastThe chart shows the same fractal stretched over at a different time frame. The BTCUSDT price is now in a critical price range. If sellers do not allow the BTC price to update the high in the coming days, there is a chance that a correction will begin according to the red fractal. If buyers manage to fix the BTCUSD price above $44500, then there will be a chance for continued growth according to the blue fractal to the FWB:52K area, which is another +20% to Bitcoin price. Which fractal do you think is more likely to work out? Vote with "like" at comment under idea.
BITSTAMP:BTCUSD
by P_S_trade
26
BTC Macro UpdatesBTC make perfect Bearish Shark at 35900$ as i have already share chart regarding this. As you can see BTC spot has no volume since March as mentioned in chart. It is just manipulation and grapping liquidity According to onchain analysis Upside liquidity has been grab almost 1.5B$ has been liquidate.Everyone is bullish now which means big move is coming.This senerio is remindering about recent crash when BTC touch 50k$ from 30k$ in May 2022. Becaregul with your trade on larger tf. Trendline has also been broken and just retesting here. If BTC cross 37000$ with full candle it will invalidate this pattern. This is macro analysis based on weekly tf. If you like this kindly follow me and like this Idea Thank you
Short
by hamzashabbir990
6