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Btcbullish

$BTC Price Prediction: $136,000 (8 Green Weekly Candles Signal) (REPOST with better chart) We know a bull run is coming, with ETF approval and institutional money adding to volume early next year. But how high could BTC go? Here's an educated guess: We just closed 8 weekly green candles on Bitcoin. You can't see the last time this happened in many TradingView exchange charts, because it was back in 2017, and most of today's exchanges weren't even around back then. I had to look on INDEX:BTCUSD - if it's not working in this link, you have to type INDEX:BTCUSD into Supercharts, as they describe in the most complete Bitcoin trading history , to get to 17 April 2017, and count the eight green weekly candles to 5 June 2017. This was a move of 156%. After some consolidation, Bitcoin then went up in a bull run by 537%, to nearly $20k on 11 December 2017. This is a ratio of 3.4x. That's the ration for 156% for eight green weekly candles, followed by a 537% bullish move. Our recent eight weekly candles from 27K to $44k is an increase of 61.53%. If we have a proportional bull move after some consolidation, 3.4x this 61% is 209%. That brings us to $136k for the top of the incoming bull run. This is all speculation, NFA, I'm just a dude on the internet, and I'm probably wrong. But these numbers look intriguing, and give me a plausible exit point for the trades I'm making today.
INDEX:BTCUSDLong
by tokentradertv
ALL EYES ON KING (BTC ANALYSIS)It has been said that between January 5 and 10, the probability of the funds being approved is very high. On the other hand, Microstrategy bought 600 million dollars of bitcoin again. As you are aware, a Utah state court judge has threatened to sanction the US Securities and Exchange Commission for stonewalling the currency industry. Robert Kiyosaki has encouraged people to buy Bitcoin due to the coming economic recession and said buy Bitcoin so you don't lose. The amount of sales of miners has reached the lowest possible level in the last 7 years and the hash rate of Bitcoin has reached the highest possible level again!! According to on-chain data, the fair market price of Bitcoin is close to $46,000 to $50,000, which is currently approaching it and is moving upward from below its real value. And all asset management companies that applied for tradable funds sent their revised forms to the commission again. I have a good feeling about the market for the next 2 years. But before growth, we may have a small drop of up to $38,000 due to bad events that happened a few days ago, including problems with Binance, etc. Maybe not, because based on the data in the chain, we were in the upward cycle of the market!!!
Long
by MyNameIsMilad
$BTC Price Prediction: $136,000 (8 Green Weekly Candles Signal)We know a bull run is coming, with ETF approval and institutional money adding to volume early next year. But how high could BTC go? Here's an educated guess: We just closed 8 weekly green candles on Bitcoin. You can't see the last time this happened in many TradingView exchange charts, because it was back in 2017, and most of today's exchanges weren't even around back then. I had to look on INDEX:BTCUSD - dang, it's not working in this link, you have to type INDEX:BTCUSD into Supercharts, as they describe in the most complete Bitcoin trading history , to get to 17 April 2017, and count the eight green weekly candles to 5 June 2017. This was a move of 156%. After some consolidation, Bitcoin then went up in a bull run by 537%, to nearly $20k on 11 December 2017. This is a ratio of 3.4x. That's the ration for 156% for eight green weekly candles, followed by a 537% bullish move. Our recent eight weekly candles from FWB:27K to $44k is an increase of 61.53%. If we have a proportional bull move after some consolidation, 3.4x this 61% is 209%. That brings us to $136k for the top of the incoming bull run. This is all speculation, NFA, I'm just a dude on the internet, and I'm probably wrong. But these numbers look intriguing, and give me a plausible exit point for the trades I'm making today.
INDEX:BTCUSDLong
by tokentradertv
BTC Warms The Winter !!Based on previous analysis and erroneous news that a Bitcoin futures fund was approved, the price was able to climb to the $30,000 range and then corrected. Currently, the price between 28,000 and 29,000 dollars is forming liquidity. The range that is the trend for 50 days is trying to break this level and can be considered as a sign of changing the structure of the market to an upward structure up to the range of $32,000. If the price stabilizes between the declared ranges, we can expect an increase, but before that, we may have a short-term drop to the $27,000 area.
Long
by MyNameIsMilad
Bitcoin Lifetime Analysis - A Move to the Upside in 2024Bitcoin continues to range between $25,000 and $31,000, a pattern ongoing since March of 2023 as we wait for a breakout in either direction. The analysis in the chart below is one I conjured in October of 2022 and so far has been on point with one *critical* exception; Bitcoin has not touched the lifetime support line as I hoped it would by early 2023. Historically, prior to every bull run, Bitcoin has come in contact with lifetime support. The last time the Bitcoin price made contact with lifetime support was in March of 2020 when the monthly candle closed with a long tail, creating a signal bar to the upside. The price at the low of that bar was $4,000, and the high at the end of the bull run was $64,000. If you look to the left of that signal bar, you can see where the price missed the lifetime support and went bull, only to fall 9 months later into lifetime support. I believe we need to have capitulation to lifetime support before the next all-time high. As you can see in this chart, the Bitcoin halving is due around March of 2024. Lifetime support will be at $20,000 during that month which isn't far from the current price range, seems like a good time to make contact and confirm a continuation to the upside! The blue and orange arrows estimate when the next contact with lifetime resistance will be made. These estimates are based on the distance between highs and lows for the lifetime of Bitcoin, which include data on the lengthening lifecycles that have led up until 2020. That data supports the April 2025 estimate, the April 2024 estimate is based on a shortened cycle. This range is a comfortable home for Bitcoin, and we will likely be here for the rest of 2023. For now, we wait for a breakout of this range. I would enter a long at the bottom of the range and increase my position if it breaks toward lifetime support. Trade wisely and let us know what you think in the comment section below!
INDEX:BTCUSDLong
by TraderEngineering
BTC-24 MONTH PRICE EXPECTATIONSHalving History Performance A zoomed in view of yesterdays chart. The chart below illustrates the two prior halving cycles fractals 1 year pre & post the halving date. Whilst past performance is no guarantee of future returns, the chart can help us frame the 24 month period ahead of us and give an idea of reasonable price expectations. Reasonable Price Expectations May 2023 - April 2024: $19,150 to $44,284 (Average $31.7k) May 2024 - April 2025: $28,790 to $86,000 (Average $57.4k)
INDEX:BTCUSDLong
by PukaCharts
Symmetrical triangle in BTCUSD with bullish biasH4 chart of BTCUSD making symmetrical triangle which means it can go in either direction however, there is bullish bias as there was Bullish divergence at the last LLs and the last LL was broken and new HH was printed at the level of 30150. So now 2 levels are important to determine direction of market if the last HL (27350) is broken trend will go bearish and if the last HH (30160) is broken then trend will go bullish. Most probably, market will go in up direction after breaking 30150 level so we should plan our buy stop entry at the break of 30150 and sell entry at the break of 27350.
BINANCE:BTCUSDLong
by Khuramejaz61
BTC Price Action and Behaviour Analysis (Multi timeframes)First of all, let's discuss the 1D time frame. The primary thing to notice here is the bull rally of the BTC. Price is moving upward by making HH and HL as per DOW theory. Price is moving in a parallel ascending channel and respects the lower trend line of the channel. One thing to notice here is that Price did a fake-out on 10 March by making a LL and then continuing in the previous direction. It was to liquidate the retailers. Now let's talk about the retracement levels of the BTC. The first bull rally was till 24k and then we saw a retracement to 0.68 fib level. Then we observed the second bull rally up to 25. The time period from one HH to the next HH was 22 days. After that, we saw the LH which goes to 1.41 fib level. Then the next HH took 32 days to reach the 32k level. Now the BTC is in a small distribution phase before jumping into the next HH. 1H Analysis and Bisa Price is testing the parallel ascending channel's support and RSI is around 38. Now the most likely scenario is that it will test 28665 in a day or two. So one can go long from here. One the bigger picture, the price can go up to 30k than 31k and 32k respectively.
Long
by sanasaeed
BTC did it 2 times in its whole history! at least 58K in 2023? Hi dear community and my loyal followers. As you remember I posted earlier if BTC monthly candle closes above 5D GC/ 25.8K/ better above middle line of weekly GC /27.6K/ #BTC downside action will be limited and it will hit min 58K in 2023)) based on 5D GC and 52K based on weekly GC. BTC managed to close monthly candle above 28476 USD which is above 5D GC upper band and middle line of weekly GC. BTC also succeeds holding 200 weekly MA and it is consolidating below 28.5-29.3K main resistance. As soon as it is broken 34-35K will be on the table. I expect BTC to consolidate between 25.2-29.2K for 3-4 weeks and give room for alts to explode. I expect mini alt season in April as soon as Total 2 main resistance is broken/look below/. BTW based on current projection, the most bullish cross in BTC history will occur on May 1 2023. It happened 2 times in its whole history/no false signals/ and it marked officially bull market start. Check that Monthly 8 & 21 EMA bullish cross chart below. If you like my ideas, don't forget to like, comment and follow please. I will appreciate any single follow and any kind of support, thanks in advance.
BITSTAMP:BTCUSDLong
by ergal91
2
BTCUSD Most bullish thing happened since 2021 November!Hi dear community and my lovely followers. I was waiting for weekly candle close to update some ideas. Pay attention to the charts nobody is talking about. This analyses proves all my " BTC bottom was in" analyses published since 2022 June. Let me emphasize some important things. 1. First time since 2021 November BTC weekly line break chart candle closed green. Every time when it happens BTC Bull run or huge rally starts. 2. BTC broke weekly falling wedge and retested it successfully. 3. Weekly RSI bullish div. broke multi-months diagonal trendline. 4. Weekly TSI crossed bullish with bull div. All above mentioned things are super bullish, The only thing I want to see in coming days BTC breakout above 21.5K level with confirmation making new High. Let's follow and see it will happen before retrace to 18.5-19K level, or after pullback. Don't forget to like my ideas and follow me , if you want to see new updates.
BITSTAMP:BTCUSDLong
by ergal91
1