Bitcoin Do or Die?Looking at this 4HR chart it seems Bitcoin could be up to something!
My whiskers are telling me that Bitcoin is at a critical level.
If we move down from here I will be looking for a bounce at
around $39,300. If that happens I would call this a Bullish 5-0
and would be looking for more upside. This would look like
continuation and I would start to think the bullish trend is
once again valid...at least until we get to the bottom of the blue
channel!
If we dropped below that my next level to look for support
would be around $34,600 to $33,000. If this level fails then
for me this means we had a fake out break up out of the bull
flag. This would be the signal to me that a longer term bearish
trend is developing. If this plays out then my target for a bottom
would be around $16,000.
A quick glance at the monthly chart shows that we need to finish
the month above $48,102. If this doesn't happen then I will consider
the Bullish Cypher in play. The PCZ of the Cypher on the monthly
would be just above $16,000. I will post the monthly chart as an
update to TradingView idea.
Owhooooo!
Bitcointrend
Bitcoin perfect parallel channel and bounce!Looks like BTC on the weekly has bounced off a level that makes a perfect parallel channel.
My view on this is extremely bullish and of course it all depends on how the fed meeting goes on Wednesday...
But if we bounce more here it's looking really good for a few months. All I need is the weekly candle to close strong for confirmation.
Bitcoin Moon or Doom?Looking at this 4hr chart it appears that Bitcoin is at a critical level.
My whiskers are telling me that there are a few different possibilities moving forward.
One way this could play out is, if the Shark and subsequent Cypher harmonics are valid, then we would and could see a strong move to
the upside. I would like to see BTC move up to about $54300 and start to build support (the .786 yellow Fib on the chart).
Another way things could develop is if we see another leg down. If this happens I will be looking for support around $43,000. This could be a back test of the giant bull flag break out. A strong bounce here would mean we could see a move towards the top of the channel and that could mean new ATHs. I will also be looking at $42,000 as a "make or break" area. A move below $42,000 and a back test as resistance would indicate to me that we could be going much lower.
For now, I'll be waiting in the bushes and watching to see which way we break out of this zone (defined by the yellow Fib).
What do you think will happen next?
Owhooooo!
BUY THE LAST 2021 BITCOIN DIPBITCOIN last dip before the last 2021 Bull Run then will come the huge Bear Market.
This is surely the last 2021' Dip. Do not expect price to the pass previous ATH of 69k.
My secret was that the 2021 BTC market was an exact copy of the 2013 Chart. See the link to related ideas, and now you can go and verify.
From next week Monday, avoid shorting till clear Bear market confirmation, and that should be during the first week of Jan 2022.
In 2013, we followed the 1D TMF, but in 2021 we followed MA on 1W TMF.
I love you all and do not hesitate to ask me for questions. All comments welcome.
Bitcoin riseAfter a hectic month of bitcoin falling it just might seem ready to start a rising or bullish pattern so just look out for that it might have to go and fill the wick to create an upsode down head and shoulder or just might be turning here though i doubt it cause wicks need to be filled before it changes directio, not always though, but you never really know with these thing so just be hopeful and prepare to buy...
$BTC SHORT POSITION AT 52KBTC has broken the 55K & 52K level, we did have a strong rejection at 40K where it's the base zone where second rally started and created the new ATH . I am expecting a retest to at least 52K, then move downside to 38K and possibly down to 30K
Let's see how it plays out. :)
#BTCDOMINANCE BTC Dominance Chart 1M BTC Dominance Chart on a monthly basis. RSI has created a double bottom so expect a good sign of upward movement soon. Possible bad sign for altcoins for a period of time as BTC dominance goes up.
Let's hope Ethereum and other Alts can have their happy day before dominance moves up too fast.
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. #cryptopickk #bitcoinprice #btcdominance
Bitcoin trend with Kumo cloudIn the weekly time frame, the price of Bitcoin is on the Kumo cloud as well as the 0.38 Fibonacci support line. These two supports have good credibility, and it is likely that Bitcoin will start its growing trend from this point.
On the other hand, the Keijun sen and Span A lines also have a relatively uptrend , which is currently a possible uptrend for Bitcoin.
BTCUSD - Best Entry I could See In This WaveHello there,
I am glad to see that you're reading this, considering that BTC's rising for awhile, It s hard to catch a good entry price on a market transaction, best buying opportunity could stay in limit orders.
Indicators seems a little bit tensioned but that could also mean a big buying interest and there are a lot of reasons, technical and fundamental also shows big interest.
Biggest correction you could see is near 30%-40% but it depends on the Higher Highs that can hit on the short term.
Take care of your investments, this is not a trading advice.
St Gex.
Bitcoin exactly following old pattern Bitcoin is Exactly following its Old Pattern or Rising closning Wedge You can say.
When it was on 64k in May 2021. Once it broke its rising wedge it could never came back.
Now Again it broke Rising wedge and created lower Low.
What to expect in Long Term?
As in this Chart you can say Bitcoin Exactly Followed the same path in this mini Bullrun or You can Wave B according to ABC Pattern. Wave C is always equal or greater then Wave A . Wave A was when it dropped from 64k to 29k . Wave B was when we moved from 29k to 53k. Now we are are in Wave C started with a Huge Drop from 53k to 43k and as i stated earlier Wave C is equal to Wave A which was around 34k Drop now if we take 34k drop from 53k it will give us the Target of 19k as Wave C in the upcoming Bear Market.
What to Expect in short term?
Btc has Good Support arround 42000 and 37000 we can see btc dropping down to these levels in next few days. As similar as it happend when btc dropped from 64k.
After that we can see relief rally upto 49000 - 51000 because its .618 Fibonacci Retracement of this recent Drop of 10k. That will be the Last chance to sell Your Crypto bought on Higher Prices because after that it will be going Ugly and we may see Crypto Abyss near to end of this Year.
Bitcoin Trend Directions - Aug. 25th, 2021Bitcoin neared the highs of my previous zoning so I decided to take another look at possible entries for both longs and shorts. The picture should be fairly self-explanatory; the white zone is where we currently rest and we wouldn't enter here because we want to try to catch momentum, the red zone is where we can start to place sell orders, and the green zone is where we can look for placing buy orders. The blue zone is something new I added, because I'm personally looking for longs on bitcoin at the moment, I wanted to extend the zoning into other potential target areas to add to profits. I use multi-timeframe analysis so my high timeframe bullish support price is actually as low as $42,300. If a trader chooses to trade on a lower timeframe then I would personally look to only follow the direction of the current zone that price rests in, this will help attempt to keep the trend on your side and can better assist with catching momentum. Analysis referenced the daily and 4h timeframes. Keep in mind that none of this is financial advice, I do not claim to be any sort of financial/trading advisor, expert, mentor, etc. I only post my personal analysis for entertainment purposes.
My previous bitcoin zoning can be seen here: and the results can be seen here (with slight adjustments to the zones for better entries on potential retests):
Bitcoin Hitting $44,000: Watch The Market CloselyEver since the middle of the week, bitcoin’s price has been on a roll for most of the time. It recovered thousands of dollars in days and reached $40,000 on Thursday.
In the following days, bitcoin reclaimed $40,000, but this time kept climbing. The leg up resulted in reaching $44,000, which became the highest price tag in almost three months since the mid May crash.
As of now, BTC has retraced by a few hundred dollars but still stands above $43,000. Consequently, its market capitalization has risen to north of $800 billion for the first time in months.
Feel free and get in touch for more updates, signals and trade alerts
The B word conference is not enough to pump BTCElon Musk, Cathy Wood, Jack Dorsey, are all very notable names, however, they still do not have the capabilities of pulling BTC out of a bear market on video conference alone. A crash is necessary and inevitable, what you see is temporary, and this pump is only going to be short-lived.
BTC /BUSDTrendline to keep an eye on to confirm we are back to the uptrend.
Also, the key resistance is still at psychological 60s.
I am not into any trades with BTC at the moment, especially not with leverage.
Just observing.
Bitcoin trend updateas I have marked on my idea if breach down 53k we gonna roll down to 52 but after that, it's 51 waiting for us. if you see my rectangle after one breakout, it gonna go down sharp but, there is no reason for it and as I imagine, bitcoin gonna range max one day between 53-55,5 until one good break that shows the future bitcoin days. there is no reason for a fall so I think it gonna range for some hours and after that gonna breach upwards forward to 57k and maybe sharp forward to 61,5 k. every number in this text is approximately number for a nearly exact number check my chart.
Bitcoin Medium Term Outlook (March and April 2021) - UpdateThe price has been beautifully sewing up and down the uptrend line. The coming moves have been forecasted using extrapolation data from the previous oscillations around the trend line. Based on the analysis I am expecting the price to retrace to 128 daily ma in mid to late April and hopefully get support and bounce of the moving average.
Bitcoin Medium Term Outlook (Mid Feb to Mid April 2021)The price has been beautifully sewing up and down the uptrend line. The coming moves have been forecasted using extrapolation data from the previous three oscillations around the trend line. Based on the analysis I am expecting the price to retrace to 128 daily ma in early and hopefully get support and bounce of the moving average.
BTC/USDT - 1 TRILLION $ Hello dear friends.
I want to congratulate each of you, as we are the first of those who see the history of cryptocurrencies.
Bitcoin has reached $ 1 trillion, and the price continues to rise, according to my analysis.
Congratulations to all on a good profit.
Although, there was a moment when I was wrong.
We look forward to continued growth, stop loss at breakeven.
You can find more profitable analyzes and analyzes on my channel, link in Bio