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Btc_usd

BITCOIN UPDATE: A DROP INCOMING!!!BTC update: BTC has broken down below the thin support level and looks like we may see further drops coming in. We saw a small bounce but it couldn't last long. If at all BTC is reaching down towards the lower supporting trendline and bounces back then it will be a great opportunity to enter long. I am looking for some trade setups. Get ready for some movement. What do you think about the current move to BTC? Do you think BTC will drop further down? Let me know your thoughts in the comments. Do like, and follow for more interesting updates. Thank you.
COINBASE:BTCUSDShort
by Dexter_The_Trader
7
BITCOIN PUSHING DOWN TOWARDS THE LOWER SUPPORT LEVELWelcome to my update on BTC in 4 hours TF. In our previous BTC update, I expected a little bounce and then a rejection but it rather got rejected straight from the $43k support level. The current BTC price isn't looking good. We have resistance at $39.8k to $40k which gives us two scenarios. Scenario 1: BTC breaks above the resistance level and bounces back to hit the 21 MA resistance level. Scenario 2: BTC gets rejected from the current resistance level and reaches the bottom support level which is at $35k. I was expecting a correction in the market for a healthy rally and now looking into the current scenario I am biased towards scenario 2. I may be wrong but I am gonna stick to my biased opinion until and unless BTC breaks above the $40k level. What's your biased opinion? Do you think the market will fall? Share your views in the comments. Do like, and follow for more updates. Thank you.
COINBASE:BTCUSDShort
by Dexter_The_Trader
BTC - DAILY UPDATE - THE INCREASING TRENDHello trading friends, This is a daily update for BTCUSDT depending on the last trends. We are still into breakdown trend - This can change coming time when BTC hits over 40300+ There is a good chance, that we could enter soon a new uptrend for BTC - but the question will be the same for how long? we can only confirm this for a low time frame coming time with live data. Depending on TA it's possible that BTC will increase to the 41300+ TA level. Give your nice like - if you also trading BTC or studying the trend of BTC and if you want to get alerts for more updates - follow the channel - Thank you @ know also that these are other trading times - because of Russia and Ukraine situation - where you can have unexpected trends. Have a great day.
Long
by watchtrend
BTC - UPTREND 41300+ important targetHello trading friends, Bitcoin is a coin that could be very risky on all sides you trade - know that market makers make the choice between short and long into the low time frame. Manny did lose them money by the dream to have the best trades into BTC - and yes it's possible, but the success will be only with good risk management. I personally find it not good, when I see manipulation trends playing - this even with shorts or longs, as I know many of users could be into the red with this. Let's hope the best for every trader that has the dream to be better, and with the goal to learn more about trading. Where are we now? Depending on TA - we are into a breakdown trend - but a return above 40K + zone could bring us back into low time increase trend. On this reason, it's important to see BTC increasing back above 40k+ , if we are not able to increase back above 40k, we could see more breakdown trend. it means not only hitting the target 40k but also staying some time on it with confirmation trend. Goals: If we confirmed the 40K - there is a high chance we could enter 41300+ Give your nice like - if you also trading BTC or studying the trend of BTC and if you want to get alerts for more updates - follow the channel - Thank you @ know also that these are other trading times - because of Russia and Ukraine situation - where you can have unexpected trends. It's important that BTC stay above 39k+ with a time frame to make a high chance for a low time frame to 42k+ Have a great day.
Long
by watchtrend
4
BTC Long if Support Holds and Resistance is BrokenBTC after having risen to a high slightly over $44000 was rejected back down to the $41000 levels. However, BTCUSDT has currently reached a strong support level supported by several indicators reinforced by a combination of indicators and chart patterns. Firstly, BTC has reached 0.382 fib support level which is a historically sound level in terms of fib sequence numbers. Furthermore, BTC has reached a demand zone (blue rectangle, central one). Moreover, previous descending resistance line has transformed into a support level (descending red line). Likewise, BTC has touched the lower Bollinger Band which implies a high chance of a bounce back. Additionally, the RSI is reaching the oversold area and showing signs of reversal which further implies price increase of BTC. My bullish scenario of my prediction (which is also the one that I think is most likely to happen) is that BTC will bounce back and successfully reverse the downtrend that has been occurring since November last year. For this to occur BTC has to successfully break the $44000 resistance level and the sell zone surrounding this price (blue rectangle, upper one). My second scenario which is slightly bearish would occur if BTC is unable to break the previously listed resistance areas/ lines. Finally, the last example, my most bearish scenario and the most unlikely would occur if the current support will not hold and price will be sent downwards. NOTE: If price breaks the long term support line (purple line) as well as the psychological level of $30000 then this is all a false trend reversal and BTC would have confirmed a massive double top. Price would be likely to bounce to $10000 for a short period of time.
Long
by danielbil
BTC - Depending on TA BTC into new breakdown trend.Hello trading friends, BTC is in a new downtrend area depending on TA trends. The confirmation of this area is the 42600 - we should confirm or come to a time BTC will hit this target as BTC is now still above the 43K. Have a great day. Manage your risk all time - it's BTC and it can go all sides in the long term. some can be 10x times right - but with 1 trade losing all - it's all about risk management not to be right or not. # This chart are not a signal view to go long or short - make always setups depending on your study.
Short
by watchtrend
1
BITCOIN UPDATE: WILL BTC BOUNCE BACK???Welcome to this quick BTC update, guys. BTC is unable to break above the resistance level. We saw some rejections in the last 24 hours but here's an interesting thing. BTC has formed a supporting trendline of $43k from where we may possibly see a bounce reaching towards the resistance level. BTC may bounce a little higher and then get rejected but if it manages to break through the $46k ceiling then we are good to go. A rejection from the current level could drop the price back to $41k. I have booked my profits on BTC trade and I hope you did too. Let me know your ideas and thought about the market in the comments. Do like, share, and follow for more updates. Thank you.
COINBASE:BTCUSDLong
by Dexter_The_Trader
2
Bitcoin BTC: Precise date and top calculation for this cycleSo I was thinking again, and it might be that my last idea here () was too simplified. It seems the cycles are getting overproportionally longer. Also, it seems that the tops are diminishing more than previously thought. I take all cycles exactly from the previous halving days, except the very first cycle, starting day there is of course when BTC started trading on Mt.Gox in 2010. I overlay exactly with the halving date 11th of May 2020. We then calculate the ratios of the cycle lengths, and continue the trend. We thus get 956 days of length for this cycle, which would put the top to December 23rd, 2022. 1 year away. We can do the same for the top ratios and find that if this trend was to continue, we would get 228k USD as the top. So, I repeat: 228k on December 23rd 2022. This is another possibility, a more conservative one than my last simpler one, where I arrived at around 300k by June 2022. Maybe also, it will be somewhere in between, so 250k in October 2022 or something like that. I see both these scenarios as the boundaries of an interval range where it could end up being. If the cycle will still be one year more to go, then it is possible that we could get a shakeout scenario as drawn in the red line, people should be prepared for such an event, it is entirely possible because a lot can happen in one year. We remember that BTC dropped in early 2020 from 10500 to 3900 and then went into a rally to over 60k. Ok, this was a black swan event, but we should be prepared that something similar might happen, because BTC likes shaking out people. That is now my current picture. Should it change, I will post.
BNC:BLX
by SebastianofMoon
16
BITCOIN UPDATE: YET TO HIT THE RESISTANCE.Welcome folks to this BTC update. It's my privilege to help you guys with my ideas and T.A. For those of you who are a part of my community, I wanna thank you guys for showing your continuous support. I am here to keep you guys updated and take this community to another level. Current Scenario: BTC has taken enough guts to say, "I ain't going down" but I wonder how long will it hold? According to the T.A, BTC is yet to hit the resistance level which is at $46k, and who knows maybe after that BTC will reject like it did in the past. Whether the rejection happens now or after $46k, one thing is clear that BTC must show some retest soon cause for a healthy and genuine rally in STF, a retest is a must. BTC is already 22% up and the RSI is at the overbought zone which indicates a rejection to happen soon. It is also possible that BTC will deny all rejection and break through the resistance level. So, let's be prepared for all the circumstances. What do you think about BTC? Will it rally higher or $46k is the limit? Let me know in the comments section. Do like, share, and follow for more interesting updates. Thank you.
COINBASE:BTCUSD
by Dexter_The_Trader