📉📈 BTC Price Analysis - Key Levels and Potential Scenarios! 📊📊 Technical Overview:
BTC Price: Currently slightly beneath the $52,000 to $53,800 resistance zone.
Anticipation: Price might stabilize or retrace to support levels.
Support Levels: $47,000 - $48,000, minor support near $46,000.
Upside Targets: $56,000, $58,000 upon turning resistance into support.
📉🚀 Trade Scenarios:
Stabilization/Retracement: May stabilize or retrace to support.
Support Turned Resistance: Watch for turning $52,000 - $53,800 into support.
Upside Potential: Targets at $56,000, $58,000 if resistance turns support.
🔄📊 Note: Monitor price action for confirmation and adjust strategy accordingly. 📈💡 #BTC #Bitcoin #CryptoTrading 🚀📊
Btcanalysis
BITCOIN $BTCUSD - Nov. 20th, 2023BUY/LONG ZONE (GREEN): $35550 - $49240
DO NOT TRADE/DNT ZONE (WHITE): $30320 - $35550
No sell/short zone shown.
The market has a clear bullish sentiment and I would not look to enter shorts here. I've drawn the levels and zones (from the daily and weekly frames) that I would look towards when entering. Price reaction to these areas would be significant in determining the trend. Recently BTC has shown strong bullish momentum in respect to the most recent level/zone break. The current test on the next level is the third one in less than two weeks. Although there is resistance to the level, there have been no large structural breakdowns and entering into the third test we see support on the 4H level combined with an ascending triangle.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
🚨Bitcoin is Ready to Decrease to the Uptrend line🚨🏃♂️Bitcoin is moving in the 🟡 Potential Reversal Zone(PRZ)($50,100-$47,000) 🟡.
💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks .
🌊According to the theory of Elliott waves , five impulse waves have been completed in 🟡 Potential Reversal Zone(PRZ)($50,100-$47,000) 🟡.
🔔I expect Bitcoin to fall at least to the Uptrend line , and if this line breaks, we can expect Bitcoin to fall to the 🟢 Support zone($44,700-$41,780) 🟢.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Revised Bitcoin Path to $155k - $210k and $100k By the HalvingHere's my Revised Bitcoin Path to $155k - $210k and $100k By the Halving study.
Note: If you're using a Fib based on a Log scale these levels will change, but the $155k level is still the likely target based on a 1.618 vs a 3.618 projection.
In this video I've outlined the 10 factors including the ETF money flows already coming in.
Each of these factors could help ignite the other 9, and contributing to a near term mega rally.
The chart bars pattern in Blue is a copy of the previous cycle where this happened, so we we know this is possible.
A near term pullback from $50k is likely however, and healthy.
I anticipate this would be the best / safest entry point and best scenario for a much larger push higher as noted above.
I've also outlined 5 potentially negative factors which could slow growth, but are less likely.
Would love to hear your comments below!
BTC IS STILL BEARISHWhat will happen next to Bitcoin? Now we will examine Bitcoin.
First of all, we should know that Bitcoin has hit a strong resistance range.
We have a bear on the CH chart and we are also consuming the L SH (long shadow) range. If the price reaches the SWAP range, we can look for a SELL/SHORT position again.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
$BTC Daily UpdateCRYPTOCAP:BTC #BTC $44,860 resistance testing. Amazing break from $43,145 key resistance, RSI on 1D looking good, next resistance area to watch at $45,622-$45,876, $44,860 support crucial to hold as this will help reattempt at $47,232 key resistance. $44,174 current support yet to be tested
🗺️Bitcoin Roadmap🗺️⏰(15-minute time frame)⏰🏃♂️Bitcoin is moving near the 🔴 Heavy Resistance Zone($44,700-$41,780) 🔴, the Resistance line and Support line .
🌊According to Elliott's wave theory , Bitcoin seems to have completed five impulsive waves .
✅Bitcoin broke the Uptrend line .
🔔I expect Bitcoin to Fall to the 🟢 Heavy Support zone($42,250-$41,500) 🟢soon.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🚨Bitcoin is Ready to Fall Again🚨👋Hi, I hope you had a great weekend.
✅ As I expected , Bitcoin started to rally from 🟢Heavy Support zone($39,000-$37,000)🟢 .
🏃♂️Bitcoin is moving in the 🔴 Resistance Zone($44,700-$41,780) 🔴.
📈Regarding Classic Technical Analysis , it seems Bitcoin has successfully formed a Ascending Broadening Wedge Pattern .
🌊According to the theory of Elliott waves , Bitcoin seems to be completing the wave 5.
🌊The end of wave 5 can continue to a maximum of around $44,800 .
🔔I expect that Bitcoin will FALL at least to the 🟢 Support zone($40,600-$40,280) 🟢 after the completion of wave 5, after breaking the Support line , and in the next step, it can also fill the 🔵 CME Gap($39,700-$39,850) 🔵.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
TheKing Now- Despite the avalanche of FUDs made by the SEC.
- BTC still on his way.
- Like i said before, we are still in bearmarket but in a kind of pivot to witch to bullmarket.
- i spotted this inversed H&S few months already.
- Now the time is to wait.
- let's first see if this pattern is respected.
- Concerning altcoins :
- They dipped fast as BTC.Dominance reached almost 50%.
- Just the normal way.
- Time to charge more alts bags.
Stay Safe!
Happy Tr4Ding !
BTC: Short-Term Liquidity Hunt Before Bear Trap and DropBitcoin (BTC) is currently positioned for a short-term move targeting liquidity above the current highs, potentially luring in bears. This setup suggests a liquidity hunt, followed by a rebound from the heavily traded area, and then a push towards higher liquidity zones beyond the recent highs. It appears to be a tactical move to trap bears before a significant downturn. While the short-term outlook hints at a bullish trap, my global perspective remains bearish, anticipating a more substantial short position post-liquidity grab around the $44K level, possibly even higher. www.coinglass.com
📉📈 Bitcoin (BTC) Price Analysis 🌐💹💰 Current Price Status:
Bitcoin price testing $43,300, the bottom of the resistance range.
🔄 Market Dynamics:
Price close to overbought on the daily timeframe.
🔍 Anticipated Resistance:
Anticipating the $43,300 - $44,850 area to be challenging during the first attempt.
📉 Potential Downside:
If rejected and reverses, next area of support at $40,300 - $41,000.
📣 Conclusion:
Bitcoin at a critical resistance level, close to overbought conditions.
Anticipating challenges in the current resistance range with potential downside support levels.
Stay informed for market developments! 📰💹 #Bitcoin #BTCAnalysis #CryptoMarket 🌐📊
🗺️Bitcoin Roadmap🗺️⏰(1-hour time frame)⏰🧐Bitcoin seems NOT to have decided to fill the 🔵 CME Gap($40,325-$39,290) 🔵 at the moment and will probably fill this gap in the next drop .
🌊From the theory of Elliott waves , it seems that Bitcoin has completed 5 downward waves , and we should wait for corrective waves .
💡Also, we can see Regular Divergence(RD+) between Consecutive Valleys .
🔔I expect Bitcoin to go UP in the coming hours and break the 🔴 Resistance Zone($42,200-$41,780) 🔴 in front of it, and have a minimal increase until the end of wave 4 .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
#BTC LIQUIDATIONS COMING SOON !!!HELLO TRADERS ...
#BTCUSD has drop as we had sent predictions in our previous analysis on cup & Handle Shape based chart which is attached in comments
Dear traders weekly chart is showing us some rejection near weekly resistance which was last high of 2024 till now Iam still expecting some retracements and EFT will get some more selling pressure to help they buy cheaper BTC technically it is showing a rejection on broken support which was 42K$ a stronger $ can push the BTC more down to its new support zone lets see what markets bring to us. Friends its just a trade idea on base of technical analysis share Ur thoughts with us it help us alote
have look on Bull Trend analysis also in our profile zone tests also worked well from given levels till now but i am expecting more Drop if BTC does not hold above 44K next week.
Stay Tuned For more updates!
BTC ANALYSIS (4H)It is a bearish structure because we have a bearish CH and then a bearish iBOS is also seen on the chart. This price pump can only be considered for collecting orders.
I specified the invalidation level. Closing a 4-hour candle above this level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
One more push to 25k then a correction to 21k before takeoffBreaking 23.3k after holding 22.3 fairly well, I believe the market is due for one last push of the little volume (relatively) is left since the surge from 17k towards 25-26.3 and finally a healthy correction back to the lower limit support 19-21.2k.
And then off we go 30k<