Get started

Bitcoinpriceprediction

Bitcoin Peaks at $42,000 - What's Next? Bitcoin Peaks at $42,000 - What's Next? In a new surge of momentum fueled by widespread optimism that the U.S. securities regulator may soon approve a spot bitcoin ETF, Bitcoin briefly surpassing $42,000 to reach a 20-month high. There is a sense of optimism in the space regarding the potential approval of a bitcoin exchange-traded fund (ETF) by the U.S. securities regulator. Such approval would likely enable a new type of investor to enter the cryptocurrency market through the regulated stock exchange, leading to an influx of capital into the digital asset. In October, SEC Chair Gary Gensler alluded to the agency's consideration of up to 10 bitcoin ETF filings. Additionally, falling inflation in the US is making higher-risk assets such as Bitcoin more attractive. This sounds like a certain bullish environment, right? Well... nothing is certain in crypto so some downside projections might be appropriate to consider too. So, with that in mind, the gap on Sunday still needs to be filled, starting with approximate prices at $39,600 and $39,000.
BLACKBULL:BTCUSD
by BlackBull_Markets
1
BTC retest to 27K, then a real BULL will hit the BEAR. Hi Traders, I will keep it simple, this is not a reading course, just check the chart and understand. Bearish signs Weekly candles showing weakness after massive green candles, doji and little hammers appear at the top. Stoch RSI is clearly representing us that there must be a decrease in price, but to what level? That is why i use Ichimoku Cloud. Probably, we will staying between the red cloud, maybe reaching its bottom in the next 1-3 weeks, but then i assume it will keep increasing. What about next year? well, ETF, BTC Halvening, XRP trial and so many more could appear. Now who is holding BTC either a HODLer or a very great investor. Right now this is not a playground of people who don't understand the market as we saw in 2021 and before. When the price of BTC and everything start to increase, this again became a playground, and keep in mind that as always, there are more people who lose money here than who not, this is the nature of the market. Share your ideas, and check my others.
Short
by Arokthomasso
2
📈Bitcoin weekly prediction, 40K or 32.5?📉BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. If the price of Bitcoin stays above Bollinger midline, Bitcoin can continue the bullish scenario up to the target of FWB:39K -40K. In this week, bitcoin price breaks the ascending channel (in yellow). Overall, in my opinion, as long as the price of Bitcoin does not fall below the red-line support, there is a possibility that it will go higher. But if the price loses the support, the level of 31,700 to 30,200 will be a strong support for Bitcoin in the bearish scenario. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱‍👤Otherwise, make sure you leave comments and let me know what you think.🐱‍👤✍ 🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
Long
by CrazyS
5
Bitcoin 10,015 BTC worth $370Mil transferred today to Coinbase !If you haven`t sold the Head and Shoulders scenario: Or reentered this BTC dip: The you need to know that today 10,015 Bitcoins worth about $370Mil were transferred from Unknown Wallet to crypto exchange Coinbase! Is CZ Binance ready to sell his Bitcoin? Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion. The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"! The question arises: from where will these substantial funds be derived? One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%. Among the tokens impacted is BTC Bitcoin. I've set a short-term price target for BTC Bitcoin at $30K. Looking forward to read your opinion about it!
Short
by TopgOptions
2
#BTC/USDT Still on track! $42k on the table.#BTC : Currently on track and still anticipating a $40k+ rally. Witnessed a solid bounce, especially after the CZ News; Bitcoin demonstrated resilience, indicating strength in the trend. Altcoins are rebounding as well. Invalidation still remains to be close a below the $34500 level. If you are reading this you already went through the worst phases in the last 2 years. Stick to the plan and be ready for what's coming for the next two years. Whenever in doubt, zoom out! Cheers #Crypto
Long
by Cryptorphic
3
Bitcoin: One Person's Fear is Another Person's GreedFirst off, what the f*ck? I believe Bitcoin should correct back to at least the 50% Fib Level -- if not the 38.2% -- so that we can see a healthy rally upwards. Years of trading crypto has taught me that every rally has a near equal correction. But emotions and bias will be the death of your portfolio so here's my unbiased analysis of the world's greatest cryptocurrency: - Bitcoin is forming an ascending triangle on multiple charts which is a bullish sentiment on its own. - On-Balance Volume (OBV) shows a steady increase in buying pressure since the start of the recent rally. Layman's terms: buying pressure is outcompeting selling pressure. - Money Flow Index (MFI) has an inverse slope that favors oversold and is currently relaxing in neutral territory safely away from overbought. These three indicators lead me to believe that Bitcoin may experience another breakout in the coming weeks and, potentially, without a dip back to $30.5K as I previously forecasted. At risk of stating the obvious, news can shake the markets enough to reverse any trajectory but yesterday's Binance update hardly rattled Bitcoin like it did for altcoins. It's my personal opinion that the Bitcoin ETF decision is the closest catalyst in determining the next major rally or drop. However, we can't forget about the highly anticipated Bitcoin halving which is expected around April 2024. If the ETF does get rejected, this may provide a very lucrative buying opportunity. COINBASE:BTCUSD
COINBASE:BTCUSDLong
by Shepherd_Investor
Shit coins and Solana, beware there is a huge difference Rarely do I ever see a weekly chart as bullish as Solana's. Amidst the new crypto Spring of 2023/2024 I firmly believe that Solana will be the Phoenix that rises from the ashes of the FTX debacle and 2022 Crypto Winter. One year ago, in November one of the largest crypto exchanges at the time FTX, filed for bankruptcy on November 11th 2022, exactly 363 days later Gary Gensler made a statement that FTX “could” be revived since then the coin which played a big role in the downfall of FTX, ‘FTT’ surged past the $5 mark, which equates to a 5x increase in less than a week. The coin which has absolutely no function or roadmap to anything is likely to crash back down to earth in my opinion. At least the people that lost their investments when the company went bankrupt will get back a little more of their losses. This event should not take center stage, however, for the real winner today was Solana. Only possible on Solana part: 2 Solana’s native token ‘SOL’ was also greatly damaged by the FTX collapse. This was because FTX was one of the largest holders of the token and when FTX went down it took SOL which had already been devastated along with the entire crypto sector down with it. The result was that Solana remained the most oversold crypto out of all the major coins. In December 2022 SOL hit a low of $8, after trading down approximately 97% from its all-time high reached the same time as Bitcoin’s, November 2021. Although all major coins hit a low around December 2022, Bitcoin and many others started to pump back at the start of 2023. This can be seen on monthly chart containing both BTC and SOL. As evident on the chart Solana’s late start to this crypto bull season did not last as the coin has gained roughly 4 times that of Bitcoin since the December 2022 lows. After today’s tremendous rise of around 25%, Solana has risen 446% from those lows. The difference between the two tokens FTT and SOL is key and critical for any investor to know before risking any capital. FTT is most likely a pump and dump scheme, for instance the LUNA token which was responsible for kicking off the Crypto Winter, was also exhibiting huge gains on the day both Luna classic and Luna both exhibited gains exceeding Solana’s today. However, it is important for traders to know the difference between these ‘hype’ coins and Solana which has a bright future ahead of it. A lot of these differences were highlighted in this year's ‘Breakthrough 2023’ the annual convention which highlights the achievements both recent and ongoing on the coin that I believe will become the ‘Ethereum’ of 2023 – 2024. The event spoke of so many developments in the Solana ecosystem that I cannot cover them all in this brief editorial but include new and active partnerships with Google Cloud, Circle (USDC), and Star Atlas. These partnerships are possibly overshadowed by the fundamentals, which include Solana processing more transactions than all other layer 1 blockchains combined and that Solana has surpassed Ethereum in daily active wallets. This pump in altcoins such as Solana’s meteoric rise and Ethereum’s double-digit gains yesterday is typical of Alt. Season, a term used to describe a period when alternative coins, i.e., other cryptocurrencies besides Bitcoin gain much more than Bitcoin itself. This rotation into riskier alt. coins usually precedes a period in which the most dominant crypto (Bitcoin) exhibits tremendous gains. This cycle is playing right into the historical and future timeline of Bitcoin’s expected rise around its next halving set for Spring of 2024. My own equation for forecasting Bitcoin’s price at the next halving event (created in May 2020) can be seen here. medium.com
COINBASE:SOLUSDLong
by josephwagner007
BTC Bitcoin and the Altcoin Season ThesisThe recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season. With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space. This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin. The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market. The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins. The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities. Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list. This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various cryptos, including BTC Bitcoin, for which my price target is $37360. Looking forward to read your opinion about it!
Long
by TopgOptions
Bitcoin bull run to $170,000 or to $1,000,000 imminent?Highlights: Two paths, the least bullish path to $170k and a more bullish path to $1M Next major pivot is still on June-Aug 2025. Next #BTC targets are $170,000 and $1,000,000 1. path to $170k - A flat with a corrective wave going up to $170,000 and a sharp correction afterwards before another major bull run in 2025. 2. path to $1M - A 5-wave up to $1M 3. TIME ANALYSIS: The next major time zones are still on 2025, which means the ongoing upward movement may lust until then. I used fib time zone from the base of Dec 2018 to the highs of June 2019 as the first major fib time zone. The next fib time zone is from the base of March 2020 to the highs of April 2021. Just see the accuracy of the time zone below. 4. The fibonacci levels used are created by a fib retracement on the very first wave 1 to wave 2
BNC:BLXLong
by Bullyena
BTC BITCOIN Technical Analysis And Trade IdeaIn this video, we dive into an extensive analysis of the BTCUSD pair, examining the prevailing bullish momentum observed in both the daily (1D) and weekly (1W) timeframes. Notably, Bitcoin (BTC) is nearing a critical resistance level, indicating the potential for an impending retracement. Throughout this discussion, we will explore the intricate aspects of technical analysis, including trading education on how to trade BTCUSDT effectively. As we progress through this video, we will not only provide a BTC price prediction but also deliver a Bitcoin today analysis with the aim to empower you with the insights required for trading crypto effectively. It is essential to underscore that the information presented here is intended solely for educational purposes and should not be regarded as financial advice. Engaging in the crypto market, such as trading BTC/USD, carries inherent risks, making it crucial to incorporate robust risk management strategies into your trading plan.
OANDA:BTCUSD
by fxtraderanthony
4
Bitcoin (BTC) / Daily Insight for next 6 Month / 28-10-23Bitcoin (BTC) *In this analysis I used the Binance Perpetual Future Chart In Forecast data at the 1 hour TF closing at 10.00 WIB Price BTC closed in a Strong Bullish condition. I assume BTC still has the potential to retest the $42,000 range with an increase of around 20-23%. This reflects the positive sentiment in the media and also fear and greed market data, where currently BTC is at level 71 (Greed). In terms of indicators and also BTC dex price data there has been a very significant increase in the last 7 days. For spot holders, I think this is the right time to start considering starting accumulation marking, but make sure to be careful by paying attention to previous price history. And for personal opinion, look at the data displayed on the chart. There is still a big possibility for BTC price to move higher to retest the major resistance area before the halving. Important points to monitor: pivot point : $34,449 Support Levels: $33,801 $33,139 $32,491 (Strong support) Resistance Levels: $35,112 $35,759 $36,422
by Bkr12
Bitcoin -> Watch The BreakoutMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only focus on price action and market structur e🖥️ I am trading the higher timeframe s because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term wealth! In today's anaylsis I want to take a look at the bigger picture on Bitcoin. After Bitcoin perfectly created the double top formation during 2021 and 2022 the bear market was quite expected. However it seems like Bitcoin is once again rejecting the bullish trendline and after a break above the neckline of the previous double top, I do expect a juicy rally. - - - - - - - - - - - - - - - - - - - - When the market moves where, and how, and if - these are all unknown. The only thing which you can control is your risk. Focus on risk management! Keep the long term vision🫡
BITSTAMP:BTCUSDLong
by basictradingtv
22