Bitcoin: My Perspective from Now Until 2025This is my analysis for Bitcoin, but to be frank, what truly interests me are other currencies. In my opinion, many of them have reached historical lows, presenting significant potential for substantial upward movement.
This was a short and straightforward near-term analysis.
This, on the other hand, is a long-term and more complex analysis.
If we discuss the possibility of a pentago]nal rise, it's a consideration, but it appears weaker due to the weakness in the third. The correction method in the second is a factor. Assuming the wave from 2021 is a trilogy, it seems more like a pentagon to me than a trilogy. Nevertheless, I am very adaptable and prepared for anything.
Bitcoinusd
"Black Friday" on the crypto market for yearsJust remembered that today is "Black Friday" and every year the crypto market has either corrected growth or fallen sharply on this day.
Wonder if this year's market players will follow the "tradition" so that the Internet will again be flooded with thousands of memes about "red discounts on crypto" :)
What are your thoughts? What will be the market? Write in the comments
Act Now to Long BTC at SMA 20 $36kAs we all know, the world of cryptocurrency trading is fast-paced and ever-evolving, demanding our constant attention and informed decision-making. So, without further ado, let's dive into an exciting game-changer: the BTC Simple Moving Average 20!
Our expert analysis has determined that BTC's Simple Moving Average 20 has surged over an astonishing $36,000, setting the stage for a remarkable upward trend. This is an exciting signal that triggers us to urge you to take action promptly to long BTC and seize this golden opportunity!
Why, you may ask? Well, the Simple Moving Average 20 is a highly regarded technical indicator, reflecting the average price of an asset over the past 20 days. As BTC continues to venture into uncharted territories and defy expectations, the SMA20 at $36,000 carries tremendous weight. It signifies a strong bullish sentiment, suggesting a potential upward momentum for Bitcoin in the near term.
So, what does this mean for you? It's time to get in the game, increase your potential profitability, and embrace the thrill of trading! Don't miss out on this exhilarating chance to go long on BTC and ride the anticipated wave of growth analysts firmly believe that this is a pivotal moment that could have a significant impact on your investment portfolio.
Remember, the cryptocurrency market waits for no one. Opportunities like these arise unexpectedly, creating the perfect moments for strategy execution and taking calculated risks. Don't let this chance pass you by! Take a leap of faith and long BTC at the remarkable SMA20 price of over $36,000 today!
Quick Bitcoin update using an hourly timeframe.Hello traders,
Here's a quick video on the BTC price update. I have mentioned all the valid support and resistance levels on BTC and the upcoming possible move. So, watch the video till the end and support my community through your boost, comments, and follow.
Regards,
Team Dexter.
Bitcoin Where to Buy- Everything is in Chart.
- Actually TheKing entered a a correction phase.
- We climbed for 4 Months Straight.
- This kind of retracements are just normal.
- if TheKing still bullish the maximum correction will hit -38.2% Fibo (around 25k$).
- if Theking get hurts by a bad news (FA), the correction could bring the price around -61.8% FIbo (around 21.5k$).
- The worst max pain dip would be around -78.6% Fibo (around 18.5k$).
- Have a quick look at EMAs Rainbow Crossing up to get a more clear view and understand future movements.
-- imho we are still slowly turning to a bullish impulse.
-- Nothing confirmed that we will hit lowers prices for now.
Stay Safe !
Happy Tr4ding !
Exciting News: BTC Soars Around $36,000! SMA 50 > SMA 100 200The latest news is that BTC is currently hovering around an impressive $36,000 mark! This is a momentous milestone that demands our attention and calls for action.
Why am I so thrilled about this? Well, let me break it down for you. As seasoned traders, we understand the importance of technical indicators and trends. And right now, BTC is showing us some auspicious signs. The Simple Moving Average (SMA) 50 has surged higher than the SMA 100 and 200. This is a clear indication of a bullish trend, suggesting that BTC has the potential to continue its upward trajectory.
Now, I don't know about you, but this information has got my adrenaline pumping! It's the perfect opportunity to capitalize on the market movement and maximize our profits. So, without further ado, I urge you to consider joining the long BTC movement today!
By going long on BTC, we position ourselves to benefit from the potential price appreciation and take advantage of this bullish trend. As we've seen in the past, BTC has a history of remarkable surges, and this could be just the beginning of another significant upward movement.
So, here's the call to action: Take action now and seize this golden opportunity! Open your positions and go long on BTC. Don't let this thrilling moment pass you by. As traders, we live for these exhilarating market conditions; this is our chance to ride the wave of success.
Remember, trading always involves risks, and it's essential to conduct your own analysis and make informed decisions. However, with the current market indicators favoring a bullish trend, going long on BTC seems like a promising strategy.
As always, stay updated with the latest market news, monitor your positions closely, and adapt your trading strategies accordingly. The crypto market is dynamic and ever-changing, but we can navigate it successfully with a calculated approach and a touch of excitement.
Bitcoin Short Liquidity GrabHello trader! I don't usually trade on weekends, but I've spotted an interesting setup on Bitcoin. I'll try entering from the sell order block and set my stop loss behind it. Take profit targets will be at 1, 2, and 3 levels of liquidity. The reason I want to trade this setup is the local downtrend (since 1 Nov) and the fact that all liquidity from November 2nd is gathered at the top locally. And also there is a sweep movement has formed.
🚀Please support my efforts with the "Boost" button.
❤️And a comment is the best thing you can do for me now!
BITCOIN - Bearish Scenario 📉Hi Traders !
On The Monthly Time frame, The BTCUSD Reached a Resistance Level (38491.93 - 37600.00)
The Price Formed an Ascending Channel.
So, We have a Bearish Scenario:
If The Market Breaks The Support Line and Closes Below That,
We Will See a Bearish Move 📉
Let's Wait For Breakout 🔥
-----------
TARGET: 33970.00🎯
BTCUSDT, We are in consolidationHello guys
According to the chart, we are in consolidation zone and we are moving in triangle.
But the price supported on the trendline and we should be ready that the price can go up one more time again and after that fall down.
$$$ One thing is certain that the price will drop $$$
If you have any question send us your messages and we will help you
Good Luck
AA
Bitcoin's Bull Run to $39,968: Unleashing Strong MomentumOverview:
Bitcoin has recently displayed a compelling technical pattern, forming a triangle with a notable high at $37,978 and a corresponding low at $35,784. The chart indicates a period of consolidation, setting the stage for a potential breakout on November 12. This impending move is further accentuated by a strong resistance level at $39,968, making it a key target for the anticipated upward movement. The bullish outlook is substantiated by fundamental factors, notably BlackRock's proposal to introduce a Bitcoin Exchange Traded Fund (ETF), currently awaiting SEC approval by October 2023. Additionally, the projected decrease in November USD inflation to 3.3% and Federal Reserve Chairman Powell's expressed inclination to lower interest rates create a favorable environment for BTCUSD.
Technical Analysis:
1. Triangle Breakout: The technical analysis reveals a well-defined triangle pattern, signifying a consolidation phase. A breakout is expected on November 12, providing a clear signal for potential bullish momentum.
2. Target at $39,968: Historical data and meticulous technical scrutiny indicate a significant resistance level at $39,968, establishing it as a plausible target for the upward movement.
Fundamental Analysis:
1. BlackRock's Bitcoin ETF Proposal: The potential approval of BlackRock's Bitcoin ETF presents a substantial catalyst. Approval could attract institutional investors, fostering positive market sentiment and potentially elevating Bitcoin's market position.
2. USD Inflation Decrease: The projected reduction in November USD inflation from 3.7% to 3.3% is a favorable macroeconomic factor. Lower inflation mitigates pressure on the Federal Reserve to raise interest rates, benefiting risk assets like Bitcoin.
3. Powell's Interest Rate Stance: Chairman Powell's vocalized desire to lower interest rates to 2% reflects a dovish stance. This dovish sentiment is typically conducive to the performance of Bitcoin, as it diminishes the relative attractiveness of traditional fiat currencies.
Risk Factors:
Market Sentiment: Rapid shifts in market sentiment or unforeseen events can exert influence on cryptocurrency prices. Traders should remain vigilant for sudden changes in the market landscape.
In summary, a comprehensive analysis incorporating both technical and fundamental factors supports a bullish breakout scenario for Bitcoin around November 12. The potential target of $39,968 aligns with historical resistance levels and is strengthened by positive developments such as BlackRock's ETF proposal, decreased USD inflation, Potential Powell's dovish interest rate stance. Traders are advised to closely monitor SEC decisions and stay attuned to broader market dynamics for informed decision-making.
Simple Trick Bitcoin- One simple old trick to know when we are bullish or bearish.
- Use Ichimoku Kinko Hyo 1W-TF.
- Only use senkun span (SSA).
- Wait for BTC trend cross the Span.
- Jump in/Jump out.
- Always follow the river while trading.
- Don't waste your energy trying to counter Naturals movements.
Happy Tr4Ding !
Bitcoin Will Never Die
- i am posting this new chart like i did in 2018. ( i will link olders charts at the end of this post ).
- it's always more easy to predict a long term chart ( 1 Week TF ) Than a shorter timeframe ( 1 Day TF ), just because cryptos are hyper volatiles markets.
- Everything is in chart and very simple to read, this is imo the worthless scenario we could see.
- Most of my followers know my trading style, i always try to predict bottoms and tops.
- i never advise peoples to short BTC, because my philosophy is to predict "Hope", and bitcoin is here to fight hyper inflation.
- TheKing helped peoples which believed in to get more wealth, trying to make this world more fair.
- if you bought BTC in 2011, 2013, or the top of 2017. you are still winner. Peoples who bought the Top of 2021 will be winners in the long run.
- Bitcoin's PoW algorithm have been created to grow, 21M BTC only and strengthening difficulty every halving.
Patience is the road for wisdom. Bitcoin is the road for freedom.
Happy Tr4Ding !
Hello the final cycle of Bitcoin - remember this one people.Three patterns, three possibilities
Regardless same direction.
Welcome to the last cycle of Bitcoin, remember it while you can.
Once institutional adoption is facilitated through spot ETFs, there will be no more significant drawdowns, and there will be no more large parabolic runs, as we have experienced for the last times.
Anticipate the culmination of a remarkable rally to unprecedented highs, succeeded by decades of Bitcoin stored in cold wallets, accompanied by a sustained, steady growth in a 20-year bull market.
Please take note of this post on reddit 10 years ago from today by "Tester24834"
"How is a $2,600,000,000,000 market cap for BTC possible?
How is it even realistic that Bitcoin will get to the 2.6 trillion dollar market cap necessary for each BTC to be worth 200k USD as some have suggested (or even worse for them to be worth 1 million each). This seems delusional but I have unfortunately been sucked in. Please tell me that it MAY be possible. Even the top company in the world (Apple?) has around a 400-500 billion dollar market cap only."
People need to understand market cap for a reserve asset cannot be anything under 10 trillion
That's a $511,000 bitcoin price a return of about 13x the same calculations the largest funds in the world are sitting on waiting for the Spot ETF.
I can't emphasize this enough, 14,874,131 are in the long term holder supply meaning either these are lost Bitcoin or people not willing to sell.
If these coins don't appear on the market that's 4,625,869 left with a market cap of 10T that gives Bitcoin a price of
$2,000,000 Yes 2.2 Million US Dollars.
What people have to understand is the market cap is an utterly stupid and miss leading calculation of a valuation for an asset but its what we use today in our math system.
Bitcoin has the potential to gain a trillion in market cap per month once spot ETF's are live.
There is simply not enough Bitcoin to meet the demand of this type of money meaning what? the price has to meet a middle ground where long term holders are willing to sell.
I'm sure BlackRock are just praying no funds tap the market until a spot ETF is launched because there's going to be an initial 3-5x in a short time on Bitcoin's price.
-17.3- Trillion in US All Commercial Banks
Tether's circulating deposits? -86.1- Billion
Circles circulating deposits? -24.3- Billion
Oh and there's also 27 Trillion in Pension Funds
Bitcoin is the most under priced valuable asset right in front of everyone.
BTC - THIS Last happened in 2019 📈Hi Traders, Investors and Speculators of Charts📈📉
As you know, we're trading in the opening moments of a new bullish cycle.
A quick look at the BTC chart from short term and macro term perspective. In the 4h we see a flag pattern, and in the weekly chart we see a significant event that last happened in June 2019, which was the opening moments to the previous ATH.
From a technical indicator analysis and BTC chart analysis (short and macro), it seems as though BTC is very well on it's way to a new ATH.
Remember, support and resistance zones are great to watch for possible long and short opportunities during brief pullbacks!
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BINANCE:BTCUSDT BITSTAMP:BTCUSD
💡 BTCUSD: Stick to 36000Rewrite the following paragraph a bit shorter: Bitcoin continues to grow during trading sessions. Currently the largest cryptocurrency is approaching the price range of 36,000 USD.
According to observers, Bitcoin price has recently had impressive growth because there are many rumors about the birth of a Bitcoin spot exchange-traded fund (ETF). Accordingly, it is expected that this fund will attract more inflows, allowing more investors to buy Bitcoin without directly transacting.
Bernstein analysts predict Bitcoin's value will increase significantly, potentially reaching $150,000 by mid-2025 from its current price of $35,000. This bullish prediction surpasses Bitcoin's all-time high of $67,000 and hinges on the possibility of approval of a Bitcoin exchange-traded fund (ETF) by the Securities and Exchange Commission (SEC) in the first quarter of 2024.