Bitcoin Latest Update ( Bearish or Bullish .? )#BTCUSDT Update:-
$BTC current price is $33366
And again rejected from Strong resistance level $35000
This is not good for Bull.
Now..?
$33000 is minor support level.
If hold this support then again we can see upward move other next Support is $29000
Below $33000 Bearish sentiment.
Keep an eye on levels:-
Support:- $33000/$29000
Resistance:- $35300/$45600/$50k
Please click like button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
Bitfinex
BITFINEX SHORTS HAVEN'T BEEN THIS HIGH SINCE 2019 (bearish) BTCGood morning traders,
The last time bitfinex shorts we're this high was late June 2019.
We're currently sitting just above support $30,000 and have seen a shooting start on the BTCUSD SHORTS chart which may indicate a messy weekend and support lost.
Support levels below:
1) $28,888
2) $23,888
3) $19,999
4) $14,000
5) $12,500
6) $10,500
7) $9650
Not saying we hit all support levels but you should keep them in the back of your mind in case we see an extended bear market and head down to the $20,000's and $10,000's.
Bitcoin is ready to $21000 or $45000 read detailed analysis#BTCUSDT Update:-
$BTC currently trading at $30700
And as per chart last support is $30000
If hold then we can see $35000 again
And if breakout $35000 then ready towards $45000
But below $30000 I am expecting $21000
So never miss my any update.
Pin on Top our channel.
Support:- $30000
Resistance:- $35000/$45000
Please click like button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
This Time It's Different AgainThis is pure gut based on bitcoin's unique existence and lack of precedence (as if that ever helped predict price - hah!) So, this is not about charts or formulas. How mislead such thinking is! Looking for another big, slow leg down to about $18,000 looks about right in this guessing game. Then, a rocky rise from late 2022 to over $200,000 seems to be in the cards for this decentralized fiat e-currency. It may not end well. That is more a function of who we are as a people on this planet than what is a decentralized currency worth in fiat currency. If we go crazy, bitcoin will go crazy, and so will everything else. My bias? I'm a silver stacker. Slow and steady and no 3rd party liability. r/WallStreetSilver
BTC Falling wedge retest trading signal UPDATEDStop loss: $34000
Entry: $34925
Take profit: $38870
RSI has bullish divergence on multiple time frames. The daily MACD is crossing up on the daily showing a buy signal. The falling wedge pattern had broke above resistance and came back to retest the resistance trend line turning it into support.
Only enter this trade if the entry point is met. Be sure to apply your stop loss and watch price action around $38177 as there is strong resistance. A smart move would be to take initial investment out of the trade as profit in that area.
Be safe trading this weekend as we have low volume and the whales are swimming!!
Stay green and be blessed!
BitCoin to Retest-20000Dear reader, You may see my last post where I analysed that BTCUSDT will touch 200 MA on daily chart when it was trading around 60000. Now I am doing another bold analysis where I say that it will retest its breakout level of 20000. This journey of course will not be straight there will be some rebounding and up & down movements most probably although it mat be soon also(Less Chances) but it has to retest this level of 20K as per rules of technical analysis. I don't do analysis frequently but once in while I do it for my own satisfaction and I do it as technical analysis is my passion. Follow only if you want life saving alrets. You can contact me for on demand analysis on any ticker. I don't expect anything in return.BTC will retest 200MA on weekly chart as it did previously on very important occasions.You can see the red dotted stars line on the chart. I also do important updates on DOGE,XRP, S&P500,Crude Oil and Gold.
ETH / BTC LONG 10x long timeThe fear index increased excessively in btc. I said Elon musk big bear. Still valid.
Ethereum's big bear is Vitalik.
It is extremely risky. It is very risky. You may lose all your money. If you're going to enter 2x-3x. It is not investment advice.
Stop-loss 0.69
Fibonacci levels are valid. Do not neglect to buy TP. Earn less, always earn. plenty of earnings.
Institutional Players Dodging up Bitcoin Retail InvestorsThe daily technical chart of BTC crypto price action plunges below the EMA-50 for the first time this year. Investors can observe in the chart mentioned above every time Bitcoin used to take support from the EMA-50 (red line) and bounce back to the higher levels, but this time trend got reversed. According to pivot points, Bitcoin’s critical support levels are $48000, $38750, $30500. Whereas if it moves upside, the crucial resistance to watch is $65970, $74280, $83750. Besides, the chart also features a bearish engulfing candle showing a definite bearish trend with high reliability.
The Exponential Moving Average (EMA), consisting of EMA 20 & 50, acts as solid support in the coin’s price. EMA 20 is very close to both the EMA intersecting below the EMA-50 line, indicating the beginning of bearish momentum. Investors may perceive the price is also below the EMA. So until the price remains below both EMA, it will ensure Bitcoin’s negative momentum.
The RSI indicator (Bearish) with the value of 39.40 indicates a sell signal in the coin, and the RSI line is going down from 55 to 39 on intraday session considered to be under selling pressure. It may plunge in short-term trading sessions.
The volume of (14.74K) showcases below the Volume MA (8.75K) of 20-days. The investors in Bitcoin are booking profits in the order book, which results in the fall of BTC. Investors may also observe constant volume in the chart, indicating minor signs of recovery.
Coinbase Premium for BitcoinCoinbase Premium is an indicator designed to display buying or selling pressure on Coinbase relative to other exchanges.
Unlike many other representations of this indicator, this one calculates the premium relative to a basket of exchanges. Namely, Binance, Bitfinex, FTX, Huobi, and OKEX which makes it much more reliable.
The Bull Run Is Not Over Yet BTC Value Will Hit Above $100000BTC value traded at $56900 with a gain of 2.88% in the last 24-hour and 4.60% up in the weekly period. Furthermore, Bitcoin price plunged from the Pi Cycle Top. In contrast, the market capitalization stands at $1 trillion. Technically, investors can perceive a bullish crossover in the MACD, and the price took support at $53000. Moreover, the price movement can be above $65800 in future trading sessions.
Resistance: $65800
Support: $53000
XRP Token A Sleeping Giant; May Cross Beyond $5.0 In 2021XRP token price traded at $1.47 with a decrease of 7.50% over recent 24-hour and an increase of 5.08% in the weekly period. Besides, XRP plunges below the EMA Ribbon, leading the price to drop more in future trading sessions. Conversely, the market capitalization increases at $66.66 billion. Technically, investors can see a negative trend, and the price is trying to breach above the EMA Ribbon. The Stochastic RSI index features a negative slant and values in an oversold region. Additionally, the price movement can be towards the target price of $1.95 in future trading sessions.
Resistance: $1.95
Support: $1.00