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Btc-usdt

🔥 Bitcoin's Most Boring Bullish Phase Ever? 💤If you enjoy this analysis, please give it a like and a follow. Since the start of 2023, Bitcoin has been in a bullish phase after 14 months of selling. Personally, this is the most boring bullish phase that I can remember. As seen on the chart, this whole mini bull-run has been the result of 12 big green days. We're now 217 days into 2023. What generally happens is that we get a couple of green days where the magic happens, followed by weeks of slow bleeding. Surprisingly enough, the overall market structure still looks bullish to me. Bulls are in control as long as we're above the dotted support line. However, volume has dried up, which is rarely bullish. Like I mentioned in yesterday's analysis; Bitcoin is at a crossroads. We're either going to see a big pump in the near future (a few big green candles, followed by weeks of bleeding), or we're going to break below the dotted support. Seeing that volatility is at historical lows, it's more than likely that we're going to get some big price action in the near future to end this boring market. Furthermore, this is just a phase that we have to get through before the 'real' bull-run will start somewhere after the 2024 halving.
CRYPTO:BTCUSDShort
by FieryTrading
17
🔥 Bitcoin FOMC Bullish Reaction: Wait For ConfirmationThe FOMC meeting has just concluded, and the FED has raised the interest rates with 25 basis points. Since the initial reaction is bullish, I'd like to explore the idea that we're going to see a strong switch in trend from this point onwards. The dotted diagonal resistance is currently the main area that BTC has to break through. Be patience for the break out before considering a bullish entry. Target at the July highs, stop just below the resistance line.
COINBASE:BTCUSDLong
by FieryTrading
11
🔥 Bitcoin Extreme Low Volatility: Big Move Coming!In this analysis I want to take a look at Bitcoin's extremely low volatility. I'm using my personal FREE indicator FT Volatility Depth which you can try for yourself over here: Every time that this indicator flashes green (= low volatility), the market will make a big move in the near future. The market switches between two periods: periods of contraction (now) and periods of expansion (volatility). Put the indicator on your chart and see for yourself! With next week's FED interest rate announcement, some volatility is to be expected. Maybe the market is preparing for it? At the moment, the risk is to the downside. Stocks are falling and can potentially drag BTC down. Anyway, as long as the bottom support holds, the long-term trend is bullish. You think we're going to break down or up? Share your thoughts 🙏
COINBASE:BTCUSD
by FieryTrading
26
BTCUSDT.4HBitcoin's price trajectory has recently taken it into its weekly supply range, situated between $31,000 and $32,500. The price has responded with volatility within this specific zone, breaking free from the constraints of its preceding one-month range. More specifically, the daily close settled below the psychologically significant level of $30,000, indicating a potential shift in market sentiment and trend direction. In the event of a price retracement back to the $31,000 region, close attention must be paid to the behavior of sellers. Should we see evidence of increased selling pressure, we could expect a further decline in price, prompting us to align ourselves with this bearish sentiment and consider selling. Simultaneously, we're observing the emergence of a support range spanning from $28,000 to $28,500. The price appears to be moving towards this zone, triggering expectations of a potential price rebound. Should this scenario unfold, an increase of $1,000 to $1,500 in response to this zone would not be an unlikely outcome. However, should Bitcoin's price fail to hold this support range, we anticipate the next area of substantial support to be found between $26,300 and $26,700. This region could serve as a crucial line of defense against further price deterioration. Worth noting is the recent upward momentum exhibited by Bitcoin within its trading channel. This bullish activity, combined with the completion of a previous movement phase, provides a promising backdrop for potential future price advancements. Consequently, should we see a resurgence of demand in the support zones, we would consider buying, with an intermediate-term price target ranging from $35,000 to $36,750. This strategy will be employed in hopes of capitalizing on Bitcoin's potential for recovery and further upside movement.
by MarsSignals
4
🔥 Weekend Technical Analysis Fiesta🎉- Name Your Crypto!My short-term view on the markets: Bitcoin is looking bullish long-term. However, with the failure of breaking through 31,000 it becomes more likely for BTC to fall. The bottom dotted support line must hold to keep the long-term bullish trend intact. 🎉CRYPTO FIESTA🎉 Comment your favorite crypto below and I'll do my best to make an easy to understand technical analysis on it. Will be making these analyses all weekend! Give this analysis a like if you enjoy the content
Long
by FieryTrading
120
BTCUSDTThis is a 1D frame analysis for BTCUSDT We first analyze the weekly time frame of the market and then move on to the daily time frame. Currently, with the pressure of selling on the first resistance area and the weekly candle closing, we can consider a star follow-up candle that can give us a corrective market rise at the resistance level. However, until the price is above the yellow support line, we are in a state of flux, and you dear companions know that technical analysis can never see everything and other events can change the market trend. We first analyze the weekly time frame of the market and then move on to the daily time frame. Currently, with the pressure of selling on the first resistance area and the weekly candle closing, we can consider a star follow-up candle that can give us a corrective market rise at the resistance level. However, until the price is above the yellow support line, we are in a state of flux, and you dear companions know that technical analysis can never see everything and other events can change the market trend.
by MarsSignals
3
BTC ANALYSIS 15/7/23BYBIT:BTCUSDT.P Goodmorning people its currently 11:29am here in AUS on a fine Saturday and I've just been looking through all the charts and other things and couldn't help but notice that all Thursday's gains on BTC got eaten up. But for a trader like me we are on the way to our next support SO what to do now? what you need to do now is use your patience and focus on your self-control. Wait for the market to find this support and not just the first wait for a double or triple bttm even. this drop comes from the ripple news after a court hearing. I don't get into news at much, but I do like to know why the market dropped. Things to take out of today: *Patience for me comes in now more than ever. *Emotionally I feel tired after a night shift and a big day of trading and training! so I'll take today off to spend with my beautiful family. *Keep an eye on that 200EMA for a support (alerts) Thanks guys.
by fusfamily