BITCOIN PRICE ANALYSIS AND NEXT POSSIBLE MOVES !!BTC 4H Chart Update & Possible Move Near !!
•BTC Two Times Failed To Break its 1D Resistance & Now price moving Toward its 4h imporatant support area.
• in any condition BTC Price need to stay above 26.6k$ Other wise Next stop is 25k$-24.5k$
• MACD &RSI are Bearish.
• FOMC Meeting results also expected Negative.
• Maximume Chances we see Drop in BTC Price.
Riskmanagement Tip :-
Currently do Trade with minimum Fund if we see big crash in markete or big pump then We Buy somthing✌.
FOLLOW US FOR MORE FREE ANALYSIS !!
Bitcoinpricetrendanalysis
#Bitcoin - thoughts out loud #07Good evening , we are from Ukraine!
I expect further depreciation of the cryptocurrency market.
But if we see the strength of the buyer at the price of 25k, we will break through local highs. But judging by the current situation, the chart shows weakness.
That is, after exiting the trading range (breaking through local highs), we correlate the spread to the volume, which indicates a narrowing of the spread and a decrease in volume several times.
For further upward movement, we need new forces. At this time, they are absent.
Thank you all for your attention, I wish you success .
Sometimes you win /sometimes you learn .
#Bitcoin
BTC/USDTWe are approaching the decisive moments in the price of Bitcoin. Determining the direction of movement depends on many factors, but if the history is repeating itself (pay attention to any two channels), we can expect a positive upward reaction to the bottom range of the specified channel to reach the specified profit range. The damage limit is indicated in the picture. Good luck. (DYOR)
bitcoin long setup bitcoin best long from value are low . poc
u can target up to value are high .
hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
BITCOIN: What Happens Next to the Crypto Market?WisdomTree has filed with the US Securities and Exchange Commission for a spot Bitcoin ETF.
The company describes the proposed investment vehicle “WisdomTree Bitcoin Trust” as an ETF that will be listed on the Cboe exchange BZX under the symbol BTCW, according to a June 20 filing.
WisdomTree's ETF — or any other spot Bitcoin ETF — will give institutional investors access to the value of Bitcoin without investing directly in the cryptocurrency.
WisdomTree filed a very similar ETF in 2021. CboeBXZ then filed a proposed rule change in January 2022 to support WisdomTree.
The SEC rejected that rule change in October 2022, citing problems with inadequate surveillance-sharing agreements and protections against market manipulation.
WisdomTree's latest filing comes just days after asset management giant BlackRock filed a Bitcoin ETF.
While BlackRock's filing has yet to be approved, some are optimistic about the company's ability to provide a satisfactory surveillance-sharing agreement.
Bitwise has also filed for a Bitcoin ETF for immediate delivery after BlackRock. Some rumors suggest that Fidelity is planning a spot Bitcoin ETF, although those rumors have not been verified.
The SEC has yet to approve any spot Bitcoin ETFs in the United States.
bitcoin predictionI mentioned that if the downward channel is broken and there is an upward movement at this timing, it will likely rise significantly.
You can check my previous post for more information.
As the third extension of the third wave is currently underway, it is expected to demonstrate the highest level of increase.
We anticipate a length of 161.8% (33780) or 261.8% (42550) of the larger-scale first wave.
BITCOIN to find support at 25kAs the downmove from the 31k top seems to be a corrective move, being three wave structured, I am looking for a potential ending diagonal in wave {c} of 2. If I am correct we should briefly break the 25300 low, find support around 25k and then resume higher.
Feel free to ask me questions and trade safe!
bitcoin predictionWhether up or down, there is a high probability of a significant price movement
breaking through the channel this time.
Therefore, chasing trades may be more favorable than counter-trend swing trades this time.
If it breaks below 25,400, go short.
If it breaks above 27,600, go long.
However, it is important not to forget to set a stop-loss immediately if it returns to the original price range.
BTC Head and Shoulders Break Target HitWith today's price action Bitcoin has come down to test the 25,300 level.
This has been a very important resistance level in the past that once it broke above this level, it needed to come back and retest as support.
As we can see, there's also an upward trending trading range / trend channel (In Blue) that has held well twice before.
Hopefully BTC bounces here and continues higher, ideally getting through the $32 K level.
Past $32k to the upside, gives a clear path to FWB:48K to $50K, the Golden Pocket retrace of the market cycle high to low.
But there are a sizable order blocks above between FWB:29K and FWB:31K that will act as a formidable resistance area (not shown). So this is going to be interesting battle.
We still have an unfilled CME gap around $20k also.
And there's a larger Head and Shoulders forming on the weekly chart, that if we lose the neckline support points to a re-test of the recent market cycle lows down to $16k.
Our indicators show that the bottom is in, but could still be re-tested.
But my bias for now is towards the upside.
What do you think?
Bitcoin: looking pretty good!I'll be brief as always, as I don't want to bore you with my words, but I'd rather have you looking at the chart the way I look at it.
I am looking for further upside into wave 3 of (3) as we are at a pullback in wave 2 which I highlighted to be less deep than the one in the higher degree wave (2).
Always happy to take questions, trade safe!
Btc Update in My Opinion Btc going fall down in coming days. But Even if there is a bitcoin pump, it will go to a maximum of 35k to 42k. After that he has to fall down very badly 18k.
If Bitcoin seems to be pumping, you guys don't think the bullrun has started.
Because if we analyze the chart from the previous halving, Bitcoin looks like a dump.
This is a swing trade, it may take time to hit the targets, so it is recommended only for those members who have patience according to their financial condition.
Only those who can wait should take this trade according to their financial condition.
Bitcoin's Evident Drop Unveiling a Clear 2.9% DeclineTechnical Analysis :
>We have an important level (represented by the red line) that has been broken on the 15-minute timeframe. This indicates a shift in demand towards the next zones, as illustrated by the yellow line as the initial target and the blue lines as anticipated targets. Additionally, we should keep an eye on another key level(blue line) that will be tested by the upcoming 1-hour candle.
BTC 40K !!! Breakout is about to happen and BTC may fly soon!Hello Everyone,
As you can see on the 2h chart, BTC is all set to give a breakout! The rally may lead BTC towards 32000 in the short term, and 40000 in the medium term!! I won't get surprised if BTC kisses 50000 again before 2023 ends!! Downside weakness is seen below 26000!!! But the current week's NFP data won't give any space, I guess!!