Bitcointrend
BTC/USDT/UpdateThe goodbye kiss that I predicted in my previous Bitcoin analysis () was fulfilled today with a pullback to the ceiling of the broken descending channel. There is also a valid static support in this area. According to the status of the indicators, the probability of forming a new upward movement from this area is very high. My personal stop loss will be activated if the bearish channel breaks and stabilizes. The goals and limits of the loss are specified in the analysis.
Bitcoin BTC Price Targets after the FSB meetingThe Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation.
This could have have ripple effects in the entire crypto industry!
My price targets for Bitcoin BTC are:
BTC/USDT short
Entry Range: $24500 - 25000
Price Target 1: $23550
Price Target 2: $22800
Price Target 3: $21550
Stop Loss: $27000
#Bitcoin - thoughts out loud #17 !!! IT IS IMPORTANT TO READ THE DESCRIPTION !!!
Good afternoon , dear colleagues!
I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument.
For the current period of time, I continue to look for opportunities to buy an asset cheaper.
As in the previous opinion, it was said that the range of 23000 - 23200 is a benchmark for further movement. As we can see, there is no professional activity. I expect purchases to resume around 19000 .
Thank you all for your attention, I wish you success, and remember:
Sometimes you win /sometimes you learn .
#Bitcoin
BTC/USD#bitcoin
impulse correction bitcoin is correcting to continue its rise to its highest levels since 2021
there will be several long-term buying opportunities
$21553
$20407
$19262
$17632
#bitcoin #btc #Cryptocurency #crypto #trading
it's important to note that the cryptocurrency market is highly volatile and subject to sudden price swings that can be difficult to predict. Therefore, it's important to approach any analysis of Bitcoin with caution and to keep in mind the risks involved in trading cryptocurrencies.
BTC: Short at high levels and long at low levels
Yesterday, Bitcoin fell below the previous low during trading, hitting a new low. This indicates that the first phase of the decline is complete. However, there is a flaw in that it is still 500 points away from the critical support level of 21500. The probability of a rebound at this point is gradually increasing, but since the trend is still bearish, shorting at high levels is still the main strategy.
The trading strategy is to short at 23600, with a stop loss at 24200, and a target of 21500 to 21400. Alternatively, if it falls to 21400, go long with a stop loss at 20900 and a target of 23600.
Don't let past regrets interrupt your current plans, and don't let anxiety and worries disrupt your steps forward.
As winter fades into spring and the sun rises and sets, every moment is precious. By appreciating the present and living each moment to the fullest, we can reap the rewards of a rich and fulfilling life.
[Tutorial] Price Action And How Can We Use It To Make MoneyWelcome to this video on Bitcoin and price action Part 1 of 3. But what exactly is price action, and how can it help you make informed trading decisions?
Price action is a technique used by traders to analyze market movements based on the price and
volume of a security, without relying on technical indicators or other external factors.
In this video, we'll explore some of the most commonly used price action patterns in Bitcoin trading
, including support and resistance levels, trend lines, candlestick patterns, price action patterns, and moving averages.
We'll also discuss how to use these patterns in combination with other forms of analysis to make informed trading decisions,
and how to manage risk when trading Bitcoin.
Important Event Today - Bitcoin Ready To Move On Both sidesBitcoin/4H In a bear flag pattern with low volume
With the pattern and volume bitcoin is doing tells us that a BIG move is comin which potentially we could touch the origin of the dump which is around 23.6 consolidate and build more longs , then K-Boom goes down around 20500 ( top of the CME gap)
A less potential move is because of more shorts we could legdown a little bit first ~ 22k or 21.7 then it goes all the way back up to 23.6 which in this case the upside should be very intense due to the liquidity to the upside
Reminder: As a Trader We should always have levels on both side so we dont miss any moves
Bitcoin: Long at this position
Hello everyone, after a big drop, Bitcoin has been consolidating and today I'm sharing my view on Bitcoin using a 15-minute chart.
As you can see on the chart, there are clear and regular box ranges. Since there are such clear signals, we certainly can't ignore them. I have marked the specifics on the chart, and it will be clearer for you to compare it.
My trading strategy is to buy in the current range of 22300-21800, with a target near 22900-23800. This is relatively certain, and the probability of profit is relatively high .
The reason for this trading strategy is that I believe Bitcoin will rebound to fill the gap created by the recent big drop.
Thank you for your attention and support. I will continue to update my trading strategy. If you have any questions, please leave a comment and I will help you with the most reliable solution in a responsible manner.
Have a great day!
Bitcoin bears aint letting it go higherBitcoin/1H exited the rising broadening wedge and stopped at the previous point of pump.
Please Follow,Boost,Comment.helps me wake up in the morning ^_^
With this bitcoin dump we expected a new Lower Low to form showing that BULLS are actually OUT of the market but Nope, it held the previous point of pump showing that Bulls still have little bit more left
BTC can comeup ~22.7 perform a bullish retest and goes as high as 27K stopping at the bottom of a CME GAP , jebaiting the moon boys and then crash down at the Next important Event ( FOMC , CPI )
IT could Also legdown another 5% getting close to the 20K gap , meaning no more upside and the down trend actually started.
Fundementals + detailed explanation on the video
Thanks for watching
#Bitcoin - thoughts out loud #16!!! IT IS IMPORTANT TO READ THE DESCRIPTION !!!
Good afternoon , dear colleagues!
I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument.
On this time frame, you need to pay attention to the development of events.
The graphical situation is as follows:
If professional operators are not interested in further markup of the asset from the range of 23000 - 23200 , then I expect a drop to 19000 .
We are watching the development of events on the 15m. Otherwise, it's a long-only mood.
Thank you all for your attention, I wish you success, and remember:
Sometimes you win /sometimes you learn .
#Bitcoin
Bitcoin Still Wants That 24.6 - Fighting between Bears and BullsBitcoin\1H Holding the bottom of the rising broadening wedge
Yesterday we dumped and then we pumped back up BUT Bears pushed it back down. this down move tells me MMers trying to buildup more shorts before they push it higher
It also indicates Bearish momentum is getting stronger and Bulls having problem pushing it up
Please Boost,Follow,Comment if you find this informative
Expectation is we either hit AROUND 24.6 and come back down. or the retest and liq grab of 24.6 wont happen and we break the bottom of the rising broadening wedge for good.
Ive talked about BTC Correlation to SPX. SPX did bounce up a little bit yesterday but then it came back down,holdin the low showing weakness.
Detailed TA on the video
Thanks for watching
#Bitcoin - thoughts out loud #14!!! IT IS IMPORTANT TO READ THE DESCRIPTION !!!
Good afternoon , dear colleagues!
I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument.
The current situation suggests that the asset may rise in price over the next week. For further gains to occur, professional operators and other market participants should keep the price above 22722 with possible false breakouts. After this formation, we will have all the doors open for further upward movement. Otherwise, we will see a decline to the next support price, where there will be demand at favorable levels.
Stay tuned for an update of the idea, there will be a continuation of the idea.
Thank you all for your attention, I wish you success, and remember:
Sometimes you win/ sometimes you learn.
#Bitcoin
P.S.
Consider the previous idea and search for an entry point.
Bitcoin Continues Fake Pump Ends SoonBitcoin/1H afer it did a stop loss hunt at 22.7 it found support and came back to 23K where it did a break of structure and exited our down side parallel channel (two purple lines) resulting in a leg to the upside.
Its Planning to do a liquidity grab untill ~24.2 with a possible wick up to 24.6 depending on the momentun and the volume for the rest of this ride
after that it will not only retrace back but further down maybe even filling 20K gap on CME.
Chance of a great short from 24172 to 24.6
Bitcoin Bottoms and Tops ( Future Price Movement)Hi Guys , i was interested to Bitcoin where the Tops and Bottom are,or why was the top at 19k in dec 2017 and not 30k or 40k well i analysed the chart a bit and im also surprised how it developed since the start. OK lets GO and i tell you what i found here in the Charts.
First the Chart is in log scale. Yellow lines are the halving events.
In the first cycle i looked into the date range oct 11 to january 13, it looks like Bitcoin settled up first nicely a uptrend (Green Trendline), no huge pumps and slowly rising. Finally after halving, it took some months to Massive Price movements for Bitcoin.
Well now we come to the interesting PART
The second and third cycle looks also similar, after breaking every Supportline(RED arrows) if it comes down from ATH we builded up the Bottom for Bitcoin, the range how much bitcoin takes to bottom out is different.(mostly 10-14 months) and started to build up a new uptrend with supportline, slowly till halving event. When the halvings finally happened it took generally some month to start massive Pumps. It looks like halving events are the real catalyst for massive Price Pumps and leading to new ATHs.
NOW, when we look ,where are the Tops and Bottom for Bitcoin ? we have to look into second cycle, we can see that the green trendline from the the first cycle acted in the second cycle the ATH top in dec 2017. when we came down to the uptrend line in the second cycle , we broke it, formed bottom, but rallied here to the previous support line from the second cycle which was the local TOP and acted here as RESISSTANCE. maybe coincidence?
well lets have a look into the third cycle. we broke the uptrendline from the second cycle. spent some time here at same levels but suddenly we pumped here again but the local top was again the previous trendline from the second cycle. it acted here clearly as ressistance and we dumped till the halving event. After this the real Pump occured on Bitcoin which was lead to over 60k. But why we stopped at 60k? well again the previous uptrend line from the second line acted here as ressistance.
The fourth cycle which we are in now , i think we formed the bottom. because the date range compared to previous cycles are similar 10-14 months.The next step is now the possible scenarios that i will write down.
What i think about Bitcoin is that, we cant really know how much Bitcoin can go down after we breakdown the trendline, but it looks like we formed now finally the bottom.
Possible scenarios:
1. Bitcoin pumping to the Third Cycle Uptrendline which will act as ressistance again and dumping till halving to form the new uptrend line. After Halving we see the real Pumps. Price target here would be : 60-75k, then we dump till halving, we rise after halving slowly and building up the new uptrend line and pump again to the previous Trendline from the third cycle which would be Pricetargets over 200k+
2. we rising slowly and building up now the new uptrend line till halving and then seeing Massive price movements above 200k.
Maybe this Idea answers you why we stopped at excactly 19k and 64k and not on different prices.
NFA
#Bitcoin - thoughts out loud #13!!! IT IS IMPORTANT TO READ THE DESCRIPTION !!!
Good afternoon, dear colleagues!
I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument.
The previous goals were achieved, but under a different scenario. After the asset has been depreciated, we see a surge in volumes at the culmination of sales, followed by a false breakout of the level and the strength of the buyer. There is a setup that can be used to work with, I open a long and support the trade.
Thank you all for your attention, I wish you success, and remember:
Sometimes you win /sometimes you learn .
#Bitcoin
Bitcoin Consolidating to go Lower AGAINBitcoin/1H Doing another Pennant
We are also in a down trend channel that I draw which everytime it reaches the end of the channel it makes a move.
Worth noticing when SPX was consolidating btc went to 25K now that spx started to move down btc coming down with it.
We could perform a fake pump and grab some liquidity before further downside.bearish momentun is just starting and we yet have to see bigger red candles ~13%
Please Follow,Comment,Boost if you find it informative.
Thanks for watching
#Bitcoin - thoughts out loud #11.Good afternoon , dear colleagues!
I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument.
Over the weekend, I expect the cryptocurrency market to form a trading range and move into a phase of redistribution or re-accumulation. The formation is not ready for this period of time, I need confirmation.
What are your thoughts on this asset?
Thank you all for your attention, I wish you success, and remember:
Sometimes you win /sometimes you learn .
Bitcoin DAILY ideas#Bitcoin Daily
A Number of options here
BEARISH divergence on PA and Volume points towards possiible continued Drop / Range - BTC doe snot always obey divergence...
PA could be in a an ascending channel on lower line OR in a pennant that may last till Wed next week or a larger on till May
We Need to watch to find out trend - impossible to say right now
FOMC later today may well act as a trigger
Caution