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Btcbullish

Bitcoin Makes Yearly Highs: Where to Next?Starting on the 19th of October, Bitcoin became increasingly bullish, rising in momentum before peaking out around $13,200. The coin is momentarily consolidating between $12,700-$12,800, and appears unable to push higher. The $12,000 Level BTC broke the critical resistance at $12,100, which was the highest resistance level of 2020 so far. This breakout is crucial, as Bitcoin has attempted a breakthrough at this level four times since August, with no success. The last time this level was broken was one year ago when Bitcoin had an astonishing rally of more than 250%. This level also acted as an important support during Bitcoin’s strongest bull-run in December 2017. Where to Next? The current resistance level stands around $13,000-$13,200 (this is where the recent rally stopped). This level was only briefly tested during last year’s rally. Therefore it should not be particularly solid, and BTC will probably have an easier time achieving a breakthrough. The next resistance level stands at $14,000. This resistance stands at the peak of the summer 2019 bull run. Breaking this level will mean that we are in the strongest uptrending market since December 2017, and we have a chance to make all-time highs. We might face a small correction before the bull market continues. If that’s the case, then we can expect BTC to retrace back to $12,000. If the $12,000 level breaks, we could see a retracement to $11,000 or even $9,800. However, judging by the strength of the bullish momentum, it is unlikely that Bitcoin will drop below $12,000 in the near future. Note: It is not recommended to use the 3-Day chart when doing your analysis or trading. We have used it solely to provide a better visual representation of Bitcoin’s price.
Long
by cryptohopper
BTC Bullish or Just 4 Play?My Fellow Crypto Traders, Appreciate you taking the time to view my analysis, in which I hope you may find it beneficial. Please be sure to “LIKE” if you indeed find my analysis useful and/or find my analysis intriguing. Also, I’m new to charting game and the crypto/stock space. So, if you have any constructive criticism or tips, please share. Cheers & Happy Trading! -------------------------------------------------------------------------------------------------------------------------------------------------------- ANALYSIS: BTC is flexing some of its bullish potential, as it looks to test, and possibly flip the $11.9K to $12.0K as support. From previous observations, BTC likes the number 3, 4, and 5, in which it likes to test/re-test resistance 3 to 5 times before it makes a powerful move to the upside. BTC's largest moves seem to be on the 4th re-test. Therefore, if we can break out the $12.0K resistance, we could see new all-time highs by January. But, I would look for a small correction as we hit these heavily trade levels that could be extremely choppy.
COINBASE:BTCUSDLong
by AB_Trading-Intelligence
Btc crashing to 8k?Bitcoin on the las bull run used a channel which led up to the all time high before going parabolic. Bitcoin is going to have a year long channel that leads to 20k then goes to 100k the second year around early 2022. Long term holders should set stop loss at 6k. Mid term trader should set stop loss at 10370. My advice is to buy once we have broken towards the upside, and dip down to confirm the breakout, then you can set a stop loss 1 % under breakout with a 30% limit sell resulting in a 1:30 risk reward ratio. If you buy now you are risking 4 % to win possibly win 30% which is still really good equaling about 1:9 risk reward ratio.
BITSTAMP:BTCUSDLong
by Crazy_Ghost
BTCUSD Bitcoin | SWING - 1. September. 2020Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** Bitcoin breaks the $ 11,745 barrier and heads up $ 12466, it may be late to rise, but it will reach the target because the direction has changed from a bearish to an upward trend, as drawn in the red line. *** Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts. *** The information given is not a Financial Advice.
BITSTAMP:BTCUSDLong
by Saeed966
5
Bitcoin - Cautiously approaching weekly resistanceLocal top could be somewhere near for sure because BTCUSD in price discovery mode. Thus, I won't short it for now. Short-term support is somewhere near $10800 atm, but I don't really rely on it in case of a dump. And ofc it would be better to get $10400 at least, less risky. Mostly bullish, spot long, not going to open leverage positions yet. Hit the "LIKE" button and follow to support, thank you! Information is just for educational purposes, never financial advice. Always do your own research.
BITMEX:BTCUSD.P
by Bitduke
BITCOIN ANALYSIS with target 9750 USDHello Traders! Bitcoin is currently at $ 9,200. As we have been waiting for, we have been moving to the side for several days. We have blue lines on the chart that form a channel between $ 9,000 and $ 10,000. We should not exceed these values in the foreseeable future. We expect the price of BTC to rise with the next target of USD 9,750. This target is confirmed by both the Fibo and S / R zones. Check my profile for more informations.
Long
by crypto-fx-smartway