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Btcanalysis

Unique Update Of BitcoinHello, welcome to this BTC /USD 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Bitcoin (BTC) was consolidating in today’s session, as prices retreated from Monday’s three-week high. Following a peak of $17,371.00 to start the week, BTC/USD fell to an intraday low of $16,922.43 earlier in the day. This decline comes as traders have seemingly moved to secure gains, following yesterday’s surge in price. Looking at the chart, the drop took place as the 14-day relative strength index (RSI) was also unable to climb past a ceiling of its own. As of writing, the index is tracking at the 48.14 level, which is marginally below a ceiling of 50.00. Should a breakout occur, it is likely that BTC will move back toward the $17,400 point in the upcoming days. CHART ANALYSIS:-Bitcoin ( BTC ) surged to a three-week high on Monday, as prices climbed for a second session. Following a low of $16,940.90 on Sunday, BTC /USD moved to an intraday peak of $17,378.15 earlier in today’s session. This high is the most vital point that bitcoin had hit since November 11, when the price was at a high of $17,645. Looking at the chart, today’s surge comes as the 10-day (red) moving average extended its upwards cross of its 25-day (blue) counterpart. In addition to this, the 14-day relative strength index ( RSI ) has also moved higher, and as of writing is tracking at 50. 40, above its ceiling of 50.00. Should this upwards momentum continues, it is likely that BTC bulls will be targeting a ceiling of $17,700. CHART ANALYSIS:-Bitcoin ( BTC ) was consolidating to start the weekend, following the U.S. nonfarm payrolls (NFP) report. Figures yesterday showed that 263,000 jobs were added to the American economy, better than the 200,000 markets had expected. This rise in jobs has left cryptocurrency markets unsure of what the Federal Reserve will do in its next policy meeting. BTC /USD slipped to a low of $16,877.88 following the news, which is lower than Friday’s peak of $17,116.04. The 14-day relative strength index ( RSI ) has also slipped, now tracking at 52.16, which is close to a floor of 52.00. Despite this, the 10-day (red) moving average has now fully crossed over its 25-day (blue) counterpart, which appears to signal upcoming bullish momentum. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
4
Unique Update Of BitcoinHello, welcome to this BTC /USD 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Bitcoin (BTC) surged to a three-week high on Monday, as prices climbed for a second straight session. Following a low of $16,940.90 on Sunday, BTC/USD moved to an intraday peak of $17,378.15 earlier in today’s session. This high is the strongest point that bitcoin has hit since November 11, when the price was at a high of $17,645. Looking at the chart, today’s surge comes as the 10-day (red) moving average extended its upwards cross of its 25-day (blue) counterpart. In addition to this, the 14-day relative strength index (RSI) has also moved higher, and as of writing is tracking at 50.40, above its ceiling of 50.00. Should this upwards momentum continues, it is likely that BTC bulls will be targeting a ceiling of $17,700. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
Bitcoin started a fresh increase above the resistance!Bitcoin started a fresh increase above the $17,000 - 17,200 resistance levels. The price is above $16,800 and the 100 hourly simple moving average. It breaks the bull flag in an upward direction. We see a test of the major resistance area, and let's see if it can break above it. If Bitcoin can break above $18,500, the market will turn bullish. The RSI is now in the overbought zone. Bitcoin's hash rate is now down 13% from an all-time high, as we've seen more miner capitulation over the last couple of weeks. A downside break below the $17,000 support might call for a move toward $16,750. Any more losses might call for a test of the key $16,500 support zone in the near term. Until further notice, we consider the possibility of returning to the area of 16,000 dollars higher than the possibility of climbing beyond 18,000. We'll update the chart.
by MonoCoinSignal
25
📉✌BTC 2H Long Position✌📈BINANCE:BTCUSDT COINBASE:BTCUSD Hello traders, first take a look at my previous analysis and positions. 💥Until price is above yellow area, you can open long positions in two steps. (At green marked levels) The optimum stop-loss is below the determined level. If the price closes Its 4h candle above daily trendline, the ascending trend can go higher than 17520 to 17850, even near 18K. Please share ideas and leave a comment, let me know what's your idea. CrazyS✌
Long
by CrazyS
2
BTC/USDT 2HOUR UPDATEHello, welcome to this BTC update. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-.BTC break the bull flag in an upward direction as expected. We see a test of the major resistance area and let’s see if BTC is able to break above it. If BTC is able to break above $18,500 then the market will turn bullish This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
3
BITCOIN: A CLOSE CALL.Hello traders. BTC has been hovering around $17k for the last 3 days. Things look quite steep as BTC is somehow trying to push upward but is unable to break out. If BTC manages to break above the resistance, it will still need to break above the $17.6k resistance and that will be a bigger challenge for BTC. A rejection, on the other hand, will be nerve-breaking because it could either reject up to $16.5k or even worse $15.5k. As we are a few hours away from the weekly close, all eyes are on the $17.1k resistance level. Let us see whether we will see a breakout or a breakdown. Thank you for reading. Trade safely.
BITSTAMP:BTCUSD
by Dexter_The_Trader
2
Next potential movement?!Bitcoin tested the bull flag upper line but was unable to break. We may see some movement on Monday when global markets open. If it closes its candle below the $16,800 support area, we will see a move toward a major support area. We can see some volume by Monday's market opening. A breakout of this range will decide the next potential movement. According to the current probabilities of the CME website, it is more likely that we will face a reduction in the interest rate for the first time in months, which can cause temporary upward movements in the market. As the market opens, we will do some important analysis tomorrow.
by MonoCoinSignal
17
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC /USDT 4Hr chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-BTC rejected from the horizontal resistance after hunting stops above it by a liquidity grab wick. Now, it is in no man's land, and the direction is unclear until it will do a solid breakout. In case of further rejection, there is a possible scenario of creating a higher low above the POC level or above the marked descending trendline. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
BTC/USDT 2HOUR UPDATEHello, welcome to this BTC /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-BTC bounced with a good volume after doing a breakout of the descending trendline and POC level. The bulls are showing strength and attempting to break horizontal resistance. An effective breakout above it will affirm a push toward $18,200. In case of rejection, a retest of the POC level or of the marked descending trendline could be a potential situation. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2
Bitcoin Historical Reference Map 2022-2024::This chart is a sifting & filtering of data from the previous cycles. ::This is a reference guide made from time and percentages and general price movement spanning from the inception of Bitcoin until present day. ::This was made to be a useful reference and by no means should this chart be interpreted to be an accurate prediction of price and time (although I do believe it may be pretty damn close). ::If you would like to ask any questions about how the chart was constructed, or what information and details were studied to produce this chart please ask me in the comments and I will be more than happy to explain my thought process/how the percentages and times were calculated ETC. Much of this was compiled using information from the LOG chart, but has been presented here using a LINEAR chart because both charts share particular angles of perspective needed for the bigger picture. Enjoy.
INDEX:BTCUSD
by WillTMoney
8