Get started

Btcanalysis

BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BITCOIN UPDATE: - Daily chart, the price failed to break the significant bearish trendline last week. The 50-day and 100-day moving average lines located near the $22K level also played their part in pushing the price to the downside. Currently, the market is testing the $18K support area for the third time. However, considering the overwhelming bearish momentum, a break below this significant level is likely. In this case, Bitcoin would record a new lower low in the current bear market, and the price could drop towards the $15K area and potentially further downward in the short-term. The crash would also further prolong the duration of the bear market and bring it close to a full year. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
4
BTC Daily TA Cautiously BearishBTCUSD Daily guidance is cautiously bearish. Recommended ratio: 25% BTC, 75% Cash. * FOMC WATCH/BOUNCE WATCH . August US Housing Starts came in 12.2% higher than in July and Building Permits came in 10% lower . So more people were buying homes than in the month prior as if the economic situation was improving, or maybe they were trying to lock in a rate they won't see until 2025 or 2026. And less people were building, which is more in line with what one might expect as the world is on the brink of a deep recession. Today's residential construction data should force the Federal Reserve to go with a 100bps FFR hike tomorrow but the odds are still in favor of it being a 75bps hike. Cryptos, Equities, Futures, Gold, EURUSD and Energy are all down while DXY, US Treasuries and VIX are up once again. It's only logical to assume that the DXY will continue its correlative relationship with rising FFR hikes; not to mention the added boost that an official announcement of global economic recession would give to USD. The 13th GDPNow US Q3 GDP estimate came in at 0.3% compared to 0.5% on 09/15 . Key Upcoming Dates: FOMC meeting 09/20-09/21 (Statement Released at 2pm EST on 09/21); S&P US September Manufacturing PMI at 945am EST 09/23.* Price is currently trending down at $19k and is still technically testing $19417 major support for a third consecutive session. Volume is Moderate (high) and has been fairly balanced between buyers and sellers in the past few sessions, indicative of speculation before an upcoming major event. Parabolic SAR flips bullish at $22100, this margin is mildly bullish at the moment. RSI is currently trending down at 39 after being rejected by 42.41 resistance, the next support is the uptrend line from 01/22 at ~30-32. Stochastic remains bearish after a rejected crossover attempt and is currently testing 29.70 support. MACD is bearish for the third consecutive session and is currently trending down at -452, the next support is at -869. ADX is currently trending up slightly at 21 as Price continues trend lower, this is mildly bearish at the moment. If Price is able to bounce here (and defend $19417 support) then it will likely retest the 50 MA + the uptrend line from 06/18/22 at ~$21.4k as resistance . However, if Price continues to break down here, it will likely retest the uptrend line from March 2017 at ~$15k as support for the first time since September 2020. Mental Stop Loss: (two consecutive closes above) $20k.
COINBASE:BTCUSD
by dailytaguy
BTC/USDT :: What is the next move ?BTC/USDT ::: zoom in , zoom out :: <<< You will understand well >>> 1_ It is still in the blue channel and there is very strong and old support at the bottom of the channel (note the purple line). If there is not enough support in this range, the price will drop a lot. 2_ This means that it enters the price range of 12,000$ - 14,000$ will be . 3_ And if it is supported, the next move will be towards the bottom of the yellow channel. <<<< Follow us to see the best analysis >>>> <<< Good luck >>>
by The_Best_Trader_1991
5
BITCOIN: THIS IS IT.Hello guys, welcome to this BTC update. The weekend went well but the beginning of the weekdays went wrong. All this was expected and you knew it if you followed my ideas. Anyways, here's a quick analysis of what could happen next. Recap: In our previous update, we discussed how important the current support level is and as it is still holding the support, we still have that one chance to bounce back. Update: We expected and it happened. BTC is once again back to the same support level and this time it is under the descending triangle formation. Things are pretty clear here for both negative and positive impacts. Positive Impact: If BTC can hold this support level then we can expect a bounce back soon. Maybe a quick drop towards the $17.6k level. Negative Impact: If BTC breaks down and closes below the current support level then the descending triangle will play its part. That's it from my end for now. We will wait for now. Do comment your ideas and analysis in the comment section. Thank you for supporting.
by Dexter_The_Trader
8
BITCOIN SHOWS BULLISH SIGNALS !Hi lads. In my previous analysis i talked about bitcoin mid term bullish scenario and said 19.3k - 19.8k is a very important support area. Untill now, we have seen strength in bitcoin and we saw buyers were active at 19.3-197k area. Also, SPX500 showed some strong come backs in last hours before the markets get closed. And with strong probability, SPX500 might start the new week with some bullish moves too. With that being said, We can expect bitcoin would go and touch higher levels in the coming week. Another important reason that i think btc will pump other than technical analysis and indicators, is that a lot of people and retail traders are short and bearish on bitcoin. This is where whales and market makers will go against the peoples wishes. Also,targets for bullish move are shown in the chart and you can see everything in the chart. Dont forget to like my idea and also follow me cuz it helps me a lot :) Cheers.
by Mihan_Crypto
1
BTC/USDT 4HOUR UPDATEHello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BITCOIN UPDATE: - 4-hour timeframe, the price broke above the $22.7K resistance level a few days ago but failed to hold above it and dropped back below fairly quickly. The massive drop has paused at the $19.5K support level for now. However, the market structure looks bullish at the moment, and a $21.7K seems probable. In this case, the $17.6K area could be tested once again to determine whether Bitcoin would make a new lower low or not. This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
3
BITCOIN: MOMENT TO DECIDE.Hello traders, it's an honor to pen down my analysis on BTC in 12 hours timeframe. I hope this update will be helpful for you all. Update: BTC has been making a negative move in the last few days. From a straight pump of +23% to a quick drop of -16%, all in the span of 10 days. Things took a dramatic turn on BTC but it is not quite a surprise cause BTC is used to being dramatic. The entire market is talking about the bearish sentiment, some predicted BTC to drop by $10,000, and some by $3000. Even I analyzed that if BTC drops below the current support level in a higher timeframe then it may reach down to the $12k where we have the 2nd support level. The interesting thing to notice is the volume spike which is increasing whereas the BTC price is decreasing. As BTC is still holding the $19k support level, there could still be a chance to bounce back. I clearly understand that we are in the bear market and BTC can go further down from its current price but still, it is worth considering the current support level. Until and unless BTC is holding the present support level, I am positive about BTC. If BTC breaks and closes below $19k, I will for sure wait for the strong buyback level and trade accordingly. It is indeed a moment to decide on BTC. Note: I am not talking about the bull run here, I am talking about BTC sustaining the $19k support level and bouncing back to a decent level in a lower timeframe. What is your viewpoint on BTC? Do share your ideas in the comments. Thank you for reading. God bless and trade safely.
Long
by Dexter_The_Trader
12
#BTC/USDT 1DAY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BITCOIN UPDATE: -bitcoin (BTC) was trading lower in today’s session, as markets continued to react to the latest U.S. inflation report. Following a peak of $22,673.82 on Tuesday, BTC/USD dropped to an intraday low of $19,497.67 earlier today. Markets had expected August’s consumer price index (CPI) to come in at 8.1%, down from 8.5% the month prior. However, with the CPI coming in at 8.3%, traders’ confidence faded, leading to a bloodbath across the crypto market. Looking at the chart, this sell-off took place following a false breakout of the $22,600 resistance point, with prices now hovering around a key support point. As of writing, BTC/USD is trading at $20,164.21, which is marginally below a floor of $20,600. Should bearish sentiment remain throughout the day, we could potentially see traders target a lower support level of $19,300. This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2
#BTC/USDT 1HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. BITCOIN UPDATE: -As we are seeing in btc that btc got dumped suddenly by forming a Bart pattern and we are now seeing RSI bullish in btc so from here we expect that btc should be pumped what do you think do tell in the comment section This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
6
BITCOIN BIG DUMP !! WHAT IS NEXT ??Hi lads. So i have talking about a bullish scenario about bitcoin since last week. as you saw, the price jumped from 18.5k to 22.8k. Today we had CPI monthly update, the released monthly CPI rate was 8.3%. while the expectation was 8.1%. which means 0.2% higher than expected . So because of that the whole market crashed. SPX500, NASDAQ AND ALSO BTC started dumping after the release date. So, what about now ?? what will happen to bitcoin ? I think the whole scenario is bullish still. I think as soon as this correction ends, we will go higher and bitcoin will rise again. Also i think the current correction could end some where at 19.6k - 20.2k levels. and after that we can go higher in multiple waves. I will update this scenario. So dont forget to follow me and also like this idea. cheers
Long
by Mihan_Crypto
BTC making 2 bullish shark harmonicsLeft Chart : We a have a bullish shark harmonic in process of developing which will complete at $17,870 level, Invalidation or stop-loss for this will be $17,032. If this level breaks down then we will possibly stop at $13k-$15k levels although I still feel we won't go down that further but anything can happen in crypto. Right Chart : Bullish shark harmonic identified on a daily chart which is in play at the moment, Invalidation point is $17,994 and near to that another 🦈 will complete. So we have 2 confluences for bullish price action and I know most people would find it funny but in these dark times we do need something positive. Lets see what unfolds in coming weeks.
Long
by NasirCrypto
2
Bitcoin moving in symmetrical triangleBitcoin is moving inside a symmetrical triangle on a daily chart. Break down target is $18,950 and breakout target is $21,003 Price has been ranging between $19650 to $20400 for over 11 days now. This is considered as a boring market. People are mostly longing from support and shorting from resistance. We will soon see a move on either side because we have some events lined up in coming weeks Sept 13: CPI data Sept 15: ETH merge Sept 21: FOMC rate hike decision September is considered as one of the worse month in crypto, But we know BTC goes opposite of the herd mentality Most of the people are of the opinion that we will see $13K, You can't just out-rightly say this. You have to go from level to level. Firstly we need to break down from $19500 level to see $17K which is a strong level to break. It would be catastrophe for crypto if we go below this level, Like I said bottom is in already and we will consolidate for 2-3 months maximum before moving to the next cycle. Stay patient because you have survived this bear market so you will reap rewards of bull market.
Long
by NasirCrypto