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Bitcoin buyers made the hold, but will we see a rally?Hi, and welcome to Wednesday’s update. Today we have seen a few of the top ten crypto coins trying to get some buyer momentum going. Today’s video is on Bitcoin but also check out the ETH on its daily chart for another example. Bitcoin on the 4H made a support hold overnight, and we take that as a positive for buyers. So far today, buyers have continued to push off 23,780 support. We are keeping an eye on 24,033 resistance/supply as price continues to struggle to break this area. If we see a break, and we hope to. We would then be looking at 24,277. If buyers can’t get this rally going and we see a new push lower by sellers, beware of the support level, as a break of that level could also start to bring into play the wedge pattern seen on the daily timeframe. (covered in the video update) It’s a real test at the moment to see if buyers can get a rally going breaking the current supply and setting up a new move that could reach 24,890 again We hope you enjoyed today’s update, and please feel free to send us your thoughts on bitcoins price action at the moment. Otherwise, enjoy your Wednesday and good trading.
EIGHTCAP:BTCUSDLong
by Eightcap
Bitcoin trading in a possible 4H continuation pattern?Happy Tuesday, subscribers and TradingView community. Thanks for stopping by and checking out our latest analysis video. Today our focus is on Bitcoin's 4H chart. Looking at the 4H, we can see that Bitcoin has made the first leg higher, breaking the last lower fast trend and moving above the moving averages. Since that break higher, we have seen the market move into consolidation. The pattern we can see on the 4H is an ascending triangle pattern. These patterns are generally seen as continuation patterns when they are sitting in up legs or up trends. From here, it is all up to buyers. Can they confirm the pattern with a new break higher? If we do see a confirmed breakout, we will be looking to see if buyers can test 22,700 resistance. If buyer momentum really carries forward past 22,700, we would then be looking at 28,500 – 31,000 to come in as resistance possibly. But before we get too far ahead of ourselves, let's see if buyers can first confirm the pattern and get back up to 22,700! If sellers set a new close below 20,100, we will start doubting buyer strength. Good trading
EIGHTCAP:BTCUSDLong
by Eightcap
Patiently waiting for a drop on BTCAs said in our previous analysis, price is heading towards our SELL zone which you can clearly see in the video. We're expecting another reaction in that area which should push the market down to our target levels. If you guys are holding any long positions make sure to watch out for reversal signals and close them in profit, or if you don't currently have any trades on BTC but you're looking for an entry, then I would suggest waiting for the right moment. We're expecting a potential reversal around the 44K level which should provide us with some decent entries. Watch the video to find out where are the key levels on BTC. Don't forget to leave a comment!
COINBASE:BTCUSD
by ForexTrendline
18
The next sell zone on BTC | Where should we enter?This is our video update on Bitcoin. In the video, you can clearly see how well our last analysis played out and that price is moving just as expected. After the next consecutive push down and market reaching the support of around 36500$, we now expect that another pullback will follow. This will be great as it will give us another entry opportunity. However, before we draw our zone correctly we have to make sure that price has started this pullback, which is not yet confirmed. We're looking at the same setup, that we shared in our previous analysis but this time at lower levels, which also confirms the downside continuation. To find out the exact levels where we expect to get another entry, make sure to follow us. Good luck!
COINBASE:BTCUSD
by ForexTrendline
19
Bitcoin Analysis 12.02.2022Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow!
Editors' picks
BITSTAMP:BTCUSD
by basictradingtv
150
Bitcoin Analysis 23.01.2022Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow!
COINBASE:BTCUSD
by basictradingtv
3
Bitcoin update. Still in no-trade zone. Waiting for the bottom.This is a quick Bitcoin update video. In summary, I explain why I'm waiting before initiating any trade and what I'm waiting for. I'm waiting for a clear bottom either through touching one of my support lines or by making a huge candle with a big wick below it. Where the wick will end up, no one knows. Some people estimate 44k. Some estimate 40k. Some estimate 29k. Eitherway, it will liquidate many leveraged longs and allow Bitcoin to soar freely afterwards.
BITSTAMP:BTCUSDLong
by TechNerdOmar
1
Bitcoin Analysis 19.12.2021Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow!
by basictradingtv
11
Bitcoin, What is next?Hello everyone, In this video, I am going through my thinking process when looking at the current Bitcoin structure. Hopefully, this will help you learn to create a strategy and a thinking process that is unique to you. If you follow other traders' ideas, you will likely lose money nine times out of 10. Why? Because each of us has a different plan, risk management strategy and capital size. So think for yourself. However, the best thing you can do, if like me and money other you have lost money due to poorly managed trades, is to educate yourself...Knowledge is power, practical, and you will be able to use it every time you need it. Remember, opinions and confirmation bias in markets is the death of traders. Accept to be wrong to save your capital. FOLLOW ME, SHARE, LIKE, and COMMENT if you enjoyed the video.
BITSTAMP:BTCUSDLong
by CFcryptoTA
4
Bitcoin recovery or doomed?In this video, I am diving into a long term analysis, and I explore the different possible scenarios to help you better understand the market structure. Bitcoin may seem very bearish, but...is it? I am thrilled to know your opinions. Comment below with your chart or explanation, and tell me what you think. The exchange of constructive ideas can only enrich our knowledge and see essential things from different angles. FOLLOW ME, SHARE, LIKE AND COMMENT
BITSTAMP:BTCUSDLong
by CFcryptoTA
BTC dumpHello everyone...dark day for the crypto market. The analysis of today will go through a couple of scenarios and my plan depending on the following BTC price action. I believe this is one of the best videos I have ever made. Hence I suggest you watch it. I hope this will help you have a better idea of what is going on and have a better plan! Remember, these are my ideas...any of my posts are explaining my few, and you should always do your own research as I do not dispatch financial advice...ever.
by CFcryptoTA
1