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Btcath

BITCOIN Standing Strong! Hello and welcome to this exclusive update on the current BTC price action. We saw a major drop in BTC price from a $52956 high straight to $42900 low. This drop liquidated many long positions in the market which was not good at all. In a higher time frame (like 1 day), BTC is all in good hands. The 200 Day Moving Average showed a great support level for BTC and it is still holding the price there. BTC must close above this 200 MA and bounce back in order to stay bullish. We also have another strong support at the $42400 level where the recent drop has left a long shadow. If BTC fails to hold the 200 MA then $42400 will be the next support level for BTC. On the other hand, a bounce in BTC will certainly lead the price back to the $50k level which is a psychological level for BTC, and in order to confirm the bull run, BTC must cross this level. Conclusion: 1. Daily close above $46k to $47k is a must. 2. A bounce will once again test the $50k psychological level. 3. Break down below the 200 MA will drop the price till $42400. Well, that's it for the update. If you find this update useful then do hit some likes, share your thoughts in the comment box, and do share. Take care.
BITSTAMP:BTCUSDLong
by Dexter_The_Trader
6
BTC By 2017 Standard; True Bull Market is in the Next 90 Days- Instead of using the halving date as an indicator for the start of the cycle. I took the first time BTC starting breaking its previous all-time high. - By this measure, we were at a similar point in 2017 to where we are now . Boring consolidation after a massive collapse of around 40%. - In 2017, after the 200th day the price of BTC rose by almost 1600% in only 95 days -Adjusting the movements proportionally to what happened in 2017, we should be looking at a ~230,000$ BTC in the next three months.
BITSTAMP:BTCUSDLong
by falamah
BTC wants the 70k 🦐BTCUSDT after the break of the bull flag is now testing the resistance at the previous ATH. The price is moving over an ascending trendline and according to Plancton's strategy if the market will break above we can set a nice long order opportunity. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
22
BTC Dupming ScenarioBTC has chosen the Correction Path with a nice Reversed Cup & Handle Pattern Leading to a Short To Mid-Term Correction #BTC will land on 33K Level on Short Term Then 30K In Mid-Term Altough,the only way that if it happens it leads to expand the correction to Mid-term is that the major support level on 33k gets broken hardly. #possible Long Scalping Setup On 33K Level. **My Other Idea About BTC which i showed the Correction From 38K is hidden... why tradingview ?
Short
by SlasherKing419
NEXT BITCOIN ALL TIME HIGH 1) NEXT ALL TIME HIGH IS ALMOST 50% OF THIS HIGH IF CALCULATED EVERY HH IS 45% HIGHER THEN LAST HH 2) YOU GYS CAN SEE ITS ALMOST 45%-+ OF LAST HH 3) AND THATS MY TARGET FOR THIS TIME ATH THATS ALMOST 45%-+ OF LAST HH 4) IF WE CAN SEE ITS TAKE ALMOST 24 BARS FOR ATH AFTER CORRECTION 5) THERE WE CAN SEE ITS TAKE ALMOST 34-35 BARS FOR ATH AFTER CORRECTION. THERE WE CAN SAY ITS TAKE 10 MORE BARS FOR NEXT ALL TIME HIGH 6) AFTER WATCHING PERIVIOS DATA WE CAN SAY THIS TIME BTC WILL TAKE ALMOST44-45 BARS FOR ALL TIME HIGH AND U SEE THAT TIME WILL FINISH IN SEP.2022
BNC:BLXLong
by iNViNCiBLESKY
1
BITCOIN REACHES ATH- HAPPY ANNIVERSARYIt's been exactly 1 year -to the day- since I published the last analysis, so here is to the anniversary . BITCOIN REACHES ATH. Because the FED party will go on. And because 9390434 other reasons. But now, watch out for a correction & healthy consolidation -we're running pretty hot on almost any timeframe, from candlestick patterns to RSI. $20k is the previous psychological zone to take profit. Once a healthy consolidation is established, the party can go on.
COINBASE:BTCUSDShort
by Edgy_
2