Get started

Bitcointrading

Revised Bitcoin Trend analysis on Weekly Time frame If BTC consolidate between 28643 to 32485 and it breaks upside will lead to Target of 37900 to 38000 If BTC consolidate between 28643 to 32485 and it breaks downside 28600 It will lead to downward Journey very fast. below are downside Targets 1st 25475 2nd 19300 3rd 12900 (In case drastic changes in global environment) Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor before making any trading decision. Leave a comment that is helpful or encouraging. Let's master the markets together.
BYBIT:BTCUSD.P
by sbkurandwad77
Bottom startingThis is the full EW analysis since 2021. Classic Zig Zag correction with over extended B wave or some may classify this as expanded flat neglecting one wave in wave A back in May 2021. We have completed the 5 waves down of wave C. Personality of the wave was confirmed with volume expansion and fear in the street. The last lower timeframe wave 5 was extended which gave a target of 16800 which is yet to come...in any case crumbles do not matters. Now we are about to flirt with the bottom of the 10 years trend. if we violate this, dark times are ahead, meaning something fundamental has changed in the space. Nevertheless, these are my expectation for the near future. The two levels to e reclaimed are the 22k and 32 k, both with clear 5 waves move. These will give the trigger signal a new cycle has started. The best entry would be on the retracement after the 5 waves move up to 22k. Now any entry is at maximum RR but it could lead to capital erosion due to SL hitting multiple times. Just play safe and wait for a clear trend reversal as these are risky times. FOLLOW ME, SHARE, LIKE AND COMMENT
BITSTAMP:BTCUSDLong
by CFcryptoTA
1
BTC Bitcoin fakeoutBitcoin has entered our first buy area: I think this reversal is just a fakeout and BTC will continue the bearish trend. Next week we will find out about important liquidations and maybe some crypto companies going out of business. Besides a possible small bounce in the stock market next week, i don`t see any catalysts for now in the crypto space. The chart is self explanatory for what i think it`s about to happen. Looking forward to read your opinion about it.
Short
by TopgOptions
5
BTC Bitcoin: 200MA and Fibonacci RetracementHello friends, today you can review the technical analysis on the 1W chart for Bitcoin (BTCUSD). Many people all around us are predicting that the crypto market will rebound and though I want to be optimistic, I have to be realistic because too many people bought crypto at high prices unlike some of these people on YouTube that bought under $500 so for them it's a different story. Simply said, be realistic about bitcoin and the markets. 1) Bitcoin price is shown from the beginning of when it was traded on the Coinbase exchange as noted in the chart on a 1W basis. 2) CryptoPickk shows the Fibonacci Retracement focusing in on two price points. 3) The Fibonacci level at 0.236 at $16.5K is close to the 200 MA (moving average) which is at $18K. 4) Lastly the prior all time high was around $20K. 5) That entire area as shown in the yellow rectangular box may be the area where price may get supported in case we are really in a bear market for Bitcoin and other cryptos. 6) Keep an eye on the RSI (relative strength index) which is very close to touching a multi-year trendline. If it bounces off of it, that would be amazing. If it goes below, it could get really bad. 7) These are the times to be a bit cautious and if you want to buy the dip, consider the downside potential. 8) Noted below are a few articles on why CryptoPickk believes the markets could drop further: a) www.reuters.com b) www.reuters.com c) www.reuters.com d) seekingalpha.com It's not the time to get completely negative on the markets, but it is a time to start thinking about what to do next. Be cautious. What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
COINBASE:BTCUSD
by MillionaireEconomics
8
Bitcoin bear market has come! Hello, my friends, I bring exciting news. BITCOIN just enter the bear market, the crypto winter we all have been waiting for is here! At last. * Key points why we just enter the bear market -RSI right above 50 pts, is either overbought or oversold, the tendency is to go down to oversold territory, which means more downtrend ahead. -There's a huge weekly bear divergence taking place, and bear divergences tend to make sure they happen. Especially week bear divergences. -200 MA, one of the most important factors on BTC, you can clearly see how it has been like a shepherd keeping the sheep in place. The price has been above the 200 MA weekly for too long, and massive profits will be taken place soon. -The loom of a period of economic uncertainty, not just cause of Evergrand default but the uncertainty of covid economic effect, especially the lack of measures to boost economic growth and really bad measures that have a strong penalty on companies in general. -There wasn't been a correction yet (a decent one), there are huge profits to be made from investors that bought last year. Prediction: I believe the bear market (big correction) will take us to the weekly 200 MA. A value between 18-23k, on these values we will be for sure on oversold territory and ready to climb again. SELL SELL SELL SAVE YOUR MONEY, SAVE YOUR FUTURE, SAVE YOUR WIFE.
BITFINEX:BTCUSDShort
by Cruz182
5
If Bitcoin (BTC) needs to beak key resistanceHi friends hope you are well, and welcome to the new update on Bitcoin. Big wedge and a key resistance: On a weekly time frame, Bitcoin is getting bounced from the support of $28600 and the support of a big falling wedge pattern. If Bitcoin breaks out $33K resistance, then there will be a high probability that billions of more dollars will be invested in Bitcoin's market and this can lead BTC to break out the resistance of the falling wedge pattern as well. Short term supports and resistances: On a short-term, hourly time frame, Bitcoin is moving between $29300, $29600, $30600, and $31700 supports and resistance levels. Right now after getting rejected by $31.7k resistance, it has tested $29.8k support and right now trying to break out the $30600 resistance level. Descending triangle: On a 4-hr time frame, Bitcoin is forming another descending triangle and if the king of all cryptocurrencies breaks out the resistance of this triangle, then it can break out the key resistance of $33k as well. Conclusion: On a short term BTC has found some resistance and also formed a triangle as well, but breaking out this resistance can lead BTC to break bigger patterns and resistance on a weekly time frame as well. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
BITSTAMP:BTCUSDLong
by moon333
Bitcoin Price Update 2022 Week 23BTC bounces from 0.618 Fibonacci level and continues consolidating between the 0.5 and 0.618 levels for the last 5 weeks. Following my prediction 2 weeks ago that Bitcoin has potentially reached its bottom we are seeing the second green weekly candle in 11 weeks after BTC made history with its 9 week decline since 21 March 2022. Bitcoins global technical analysis outlook continues to provide signals the bottom is in with consolidation and upside from here on. Should Bitcoins weekly candle close below the 0.618 Fibonacci we could see more downside till around $17500. 1. Horizonal trading volumes continue to rise from my last idea linked below and is on its way to become the second most traded price range which would signal this as a massive value area for buyers. 2. Trading volumes over the last 2 months remain at high levels showing good price conviction and demand. 3. Stochastic RSI trigger line has crossed over and is moving upward from the oversold zone showing upward momentum strength. 4. The two box areas which provided strong support previously in January 2021 and June 2021 continues to provide strong support in the third box area which going by previous durations would potentially last until end of June 2022 before we start to see a gradual increase in upward momentum into July 2022 and beyond. Legendary Investment Trader, Cryptocurrency & Web3 Master Boundless Lord
by boundless_lord
BTC Bitcoin: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin ( BTCUSD ). BTC Price looks like it is headed back up to the S/R line. If it can break above the line, it has a chance to go up to the $36K-$38K region, but if it fails the S/R line, it is coming down to $28K region first then even as low as $20K-$22K. The Support and Resistance Line is very important to pay attention to before considering a move. I've added in the RSI and EMA in the chart. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
BITSTAMP:BTCUSD
by MillionaireEconomics
6
Bitcoin - range trading Bitcoin continues the price action with low volume, low retail interest and small movements. The best you can do in this situation to preserve your wealth is to just trade the ranges. There are 3 clearly visible and very strong channels, which you can trade now: 1. LOW RANGE - currently we are sitting in this range. 28000 - 32000$, long the support and short the resistance - simple as that. Beware of spikes in both directions and use a proper stop-loss. If the support is broken (with a daily close below 28000$) I expect a retest of previous all time high around 20000$. 2. MIDDLE RANGE (32000 - 37500$) - a range that can be very interesting, because we have many major resistances in between. MA100 and MA50 on the daily are located around 34000$ and could change the game in the range. 3. UPPER RANGE (37500 - 48000$) - this is the range before new bullish momentum and a new all time high respectively. This is the place you would like to be, but I don't see it in the near 2-3 months. TRADE SAFE!
by HAVEcrypto
Bitcoin- Down again after the false break?Bitcoin is trading in a range for 3 weeks now and although it had a break of resistance on Monday, this proved to be a false one and the main cryptocurrency fell under this again. Usually, after a false break in one direction, the asset will have a real break in the other direction, and if this holds true also in this case, Bitcoin could fall again under 27500 and test 25k. My outlook on the short term is bearish Bitcoin at this moment and only the price above 32.500 would make me change my mind
BITSTAMP:BTCUSDShort
by Mihai_Iacob
10
Bitcoin BEARISH?! Here is the ANSWER. Disclaimer: This is a Newbie analyses with no past Experience! Few Points Supporting a BEARISH scenario for Bitcoin and the rest of coins: -The Chart above shows the total Cryptocurrency market cap, which hints to a similar crash of 2018 being repeated (Green Rectangle/Red Rectangle). -Recession, which it has started already (low GDP growth, High interest rates, Spike in the price of goods and services in general, lower properties being sold) -War (Ukraine x Russia) With all this considered, we might see Bitcoin plummeting to 21k (USD) Level, and even 11k level later on. However, this is the first time in history that Cryptocurrencies are faced with a recession, hence the effect is unknown. They might follow the stocks behaviour during a recession (Falling, Most Likely). OR, we might see that more people are investing in crypto and choosing it as a safer asset during recession (less likely). This is not a financial advise! Please comment your ideas about the analyses as I am new and want to learn from your experience and knowledge. Appreciate your constructive comment and feedback in advance.
CRYPTOCAP:TOTALLong
by ashurbanipalcrypto
1
Bitcoin - The party is over!Looking at 1A. on the 4-hour timeframe we can see that Bitcoin has run into the 200 MA (Moving Average) putting an end to the party for now. If BTC has enough buyers at this price point it will continue to move up, but it will encounter heavy resistance 1B. This is where sellers may show up and could put us back into the range. This is the main battle zone for now (the 4H timeframe.) If BTC gets over the 200MA it will go for an actual test of strength. What we've seen over the last few days does in fact resemble a bottom, but there are a few unresolved issues that need to play out for this to be a legit bottom. I would be cautious at this point and wait for strength going up to confirm that in fact we did hit bottom. The main issue: I would like to see Bitcoin get a bit closer to the white line (the 200MA on the 1 week timeframe). Something to think about: This is the stage of the game where you can really make a lot of money, this is where the discipline and experience come in. If you have any capital left to invest you have to time it just right, pick one of the top market cap coins and wait to see if we go lower. If we do not and in fact we have hit a bottom then the first pull-back should be a safe place to jump in. VERY IMPORTANT: Hitting the "Like" button is like a tip, please don't forget to do so after reading, this is your way of thanking me for my time and so I thank you for yours.
B
by cryptoGats
4
Bitcoin: Just a Little Bit MoreIn accordance with our primary scenario, Bitcoin has climbed higher into the orange zone between $30460 and $34790. Now, we expect it to rise a bit more still to finish wave iv in orange. Afterwards, Bitcoin should turn around and move downwards, falling below the support at $26591 and into the magenta zone between $24055 and $18897 to complete wave v in orange and in magenta. There is a 35% chance, though, that Bitcoin could gain momentum and soar above the orange zone, crossing the resistance at $40809 in the process.
BITFINEX:BTCUSD
by MarketIntel