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Btc_usd

Bitcoin can ONLY rise if the Dollar DXY fallsHello, it's been a while since I published a chart on TV. It's time again :) There is one very simple rule or mechanism that has a very big influence on Bitcoin price development. There are of course the halvings, then there is adoption, but then there is a strong positive correlation with stocks and anti correlation with the Dollar. So a strong dollar will mean that BTC will not rise, even experience bearmarkets. The dollar is currently rising strongly, fueled by the interest rate hikes by the FED. 8-9 rate hikes are expected this year. So only if the FED decides to not raise rates as aggressively as they said they would, can Bitcoin rise, because that would lead DXY to massively dump. I don't like it, nobody likes it, but IF we get a rally this year, thus fully rests on the decisions of the FED. If they continue to aggressively hike => DXY bullmarket => BTC stays flat or Bearmarket If they decide to become more dovish, not hike as aggressively => DXY dumps => BTC rally It's really as simple as that currently. Just my thoughts on the current situation.
TVC:DXY
by SebastianofMoon
4
Expect a bounce soon in BTC As I had showed my idea in my earlier publish, BTC DID FOLLOW EXACTLY THE SAME PATTERN but it was so quick and without a small relief bounce. So from here I expect BTC to do some consololidation n touch the support line a few times n then bounce for uptrend till the resistance area. Potentially braking above it after 2 3 test on the resistance. For me I think BTC could touch max 27k in a quick dip. Nothing below that. 27k-30k is a good buy zone for long term holders. Also the weekly ema as u can see, follows a nice pattern, support and resistance are accurate. I expect the resistance will b broken above in the next bull Run.
CRYPTOCAP:BTCLong
by kshahrukhk9
BTC LOOKS UGLY TIME TO ABORTBTC has now ran both lows we discussed and currently sat inside the daily ob , with this we have to use any retrace offered as a way to get out of your position and ready for the next move down . 48k for me is out of reach but will leave it on the chart as a option , 4hr as shown below we have a breaker sat 37k and this will be where we look to get out , If btc reach's this level well have to look across all assets and come to a decision. If we can hold this ob and form bullish structure then well be offered a retrace up to first target 37k and potential area to sell. This level fails and we sink to the lows then we could be in for a shit storm and alts could bleed heavy so the extreme levels on alts need to be thought about , you know how we work now if offered a bullish reversal then we can act
KRAKEN:BTCUSD
by Marketperceptions00
BTC Important key levelsBTC / USD I think BTC still following my idea that I published on 14th april price finally hit 37k (second support line in my chart ) You can check my last idea here : WHAT NEXT ? From here I expect Bitcoin to test first support of channel which turned to resistance now (around 41k) The price action there will determine the next move : 1–If price able to hold above 41k expect good bullish move toward the upper boundary of channel 2–If price see another rejection , this time i think channel will break to downside and my first target will be around 34k Don’t forget to like and follow for more updates and analysis
BITSTAMP:BTCUSD
by Babenski
119
Bitcoin Time and Price AnalysisTwo scenarios for Bitcoin can be considered. In the first scenario, the strong range is 28k to 25k chance of ending wave correction 4. The second scenario is a pessimistic scenario. Bitcoin always corrects its previous wave after strong climbs of 88% I hope this doesn't happen again. But always be prepared for all scenarios. The specified time range is most likely the end of wave correction 4... Strong time range for market reversal and new bitcoin lows
by saeidmomeni69