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Btcanalysis

BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN update by CRYPTO SANDERS. CHART ANALYSIS:- After a low of 26,600.14, BTC/USD rose to a high of 27,465.93 earlier in the day. Following the recent breakout, this move saw Bitcoin once again climb above the key 27,300 resistance. the uptrend also extended further with the 14-day Relative Strength Index (RSI) above the 42.00 range. price strength is tracking at 44.58, and moving closer to the higher resistance area of 49.00. If the bulls lead the index toward this point, there is a high probability that BTC will reach 28,000. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
BTC, ETH 🌥️ Does XRP Shine Brighter? ☀️Sunny weather is ahead with a couple of scattered clouds ⛅️ for Bitcoin and Ethereum 🚀, in the next 24 hours, according to ATTMO, a weather-inspired crypto AI forecasting tool. This means that a slightly bullish market with upside potential is likely. 📈 The weather is tropical 🏝️ – very bullish 🐂 with some upside potential – for Ripple today, boosted by signals that the judge in charge may rule in XRP’s favor in the US. Cardano, Polkadot and Binance Coin also have some upside potential. 📆 Over a one-week horizon, both Bitcoin and Ripple are likely to be trading in a bearish market 🐻 with downside risk. Stay informed! Follow us for more updates and insights on the evolving crypto landscape. 🔍💼
COINBASE:BTCUSDLong
by ATTMO
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) jumped back above the 27,000 level to start the week, as sentiment showed glimpses of shifting after last week’s bear run. Following a low of 26,762.25 on Sunday, BTC/USD raced to an intraday peak of 27,521.62 earlier in today’s session. The move saw the world’s largest cryptocurrency continue to move away from a floor of 26,500, and a recent two-month low. Monday’s rise in price sees Bitcoin move higher for a second straight day, breaking out of a ceiling on the relative strength index (RSI) in the process. price strength is now tracking at 43.66, which is marginally above the aforementioned resistance at 43.00. Bulls will now likely be looking to reenter the 28,000 level, which was last hit this past Thursday. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
Bitcoin StrugglingHello traders, here is my view for btc at the moment : Bitcoin was in bearish move since May 5th with increasing volume + open interest and convergence with RSI momentum in daily timeframe, this is a confirmation for strong bearish move. What I expect : BTC weekly closed below 26900 next stop is 25k area BTC weekly closed above 27250 next resistance is 28k area But BTC would not go above 29k IMO since there is a strong channel resistance. I personally bearish for BTC since the abc correction target is on 25k area which is psychological number + fibonacci retrace confluences.
Short
by PakRT
Bitcoin Wants 28.8! Will the 3 wave pattern playout?Bitcoin Swept the lows yesterday and reached out target 26.8! I am not yet convinced that we are going lower WITHOUT sweeping the high ~28.8 ( our supply zone) so today with PPI data we could see the move coming. SPX yet has to fill the upper gap, it could touch it today and that will get btc to our target as well then SPX could start bleeding till it gets to the lower gap NQ1 Has bearish Div all over the place.And Ive talked about how to determind a supply or demand zone. 3 wave pattern = Dump,Pump,Dump . the first dump happend and we are wating for the two next move. Thanks for all your support- means a lot to me.
Short
by pcmonk
BTC/USDT Binance BINANCE:BTCUSDT Binance 4H hollow candlesticks After the price breakout, we saw an all-time high (ATH) at $31000. The beginning of the Support area, results from the extension of the upper point of the first Fibonacci retracement, combined with the extension of the golden ratio of the second Fibonacci retracement. It seems that an uptrend parallel channel has been formed. Conclusion: The price is expected to fluctuate, within the uptrend parallel channel and the Support & Resistance areas. Bitcoin Price (BTC) = $30.460,23 -0.84% = 14.47 ETH -0.67% Market Cap: 278.166.387.330 24h Vol: $47.878.436.872 Dominance: BTC: 46.1% ETH: 19.8% Good Luck #CryptoHellas Team
by CryptoHellas
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin After finding support at the 50-day moving average of around the price started a steady increase, aiming to cross the $30K area for the second time. However, bitcoin failed to overcome this important resistance area, resulting in a slight decline. Nevertheless, BTC price is currently consolidating within a tight range of the 50-day moving average at $28K and $30K. A breakout beyond the $30K area would significantly impact market sentiment, as it is a key psychological resistance. Conversely, a drop below the 50-day moving average could result in volatility and consolidation in the lower price ranges. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
Bitcoin- Bulls should watch 28500 zone carefulyAfter the recent top of around 31k, Bitcoin has started to correct the strong bull run that started at the beginning of 2023 and has dropped to 27k. Big volatility followed and now bulls are trying to recover the lost ground. However, the recent rise from 27500 is not very convincing and the pattern resembles a rising wedge. A drop under 28500 would expose the 27k zone, but more importantly, would put pressure on the downside and could announce a top at 31k. On the other hand, if bulls reconquer 30k a new high could follow. From a speculative perspective is better to wait and see.
BITSTAMP:BTCUSD
by Mihai_Iacob
11
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) rebounded on Wednesday as all attention in the market turned to today's Federal Reserve rate decision. After a low of 27,935.73 on Tuesday, BTC/USD rose to a high of 28,881.30 earlier in the day. This came after Bitcoin rejected a breakout below its long-term floor at 27,600 to start the week. Overall, momentum is little changed, as the 10-day (red) moving average has moved closer to its 25-day (blue) counterpart. Should this crossover to the upside occur, it could be a sign that the bulls need to increase the pressure, potentially taking BTC above 30,000. For this to happen, the Relative Strength Index (RSI) must first cross the ceiling of the 52.00 mark. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you.
BITSTAMP:BTCUSD
by CryptoSanders9563