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Btcbullish

BTC/USDT 4HOUR UPDATEbtc/usdt 4hour update Bitcoin Daily Close Update:- Closed above the 21 MA with a nice DOJI candle at $48,292 well above 47.9k! Long wicks shows bulls are buying. Need to be careful here. Saying it again. Close above $52k is when we are mega bullish. Till then every trade should be a get in , Get out strategy IMO. First hurdle is the red zone which needs to be broken with a 4 hour candle close above 49.3k. If you want to stay out of stress, better refrain from risky trades and enjoy your time with family and friends, it’s Weekend! thank you...
by CryptoSanders9563
Btc bear flag, history repeating itselfHistory is repeating it self, btc is about to go down and this time below 44k, analyzed btc charts from 2012 until now, and the movement is same, but different price range. This time when btc falls below 200ma, it's not going cross up again. It might try for short time but it will fall again, The algorithm written for btc repeats it self, no matter what is happening, news come in after the movement, just to cover manipulations from btc bots and exchanges that make the movement and of course earn money for exchanges. I'm not talking about the delay that news can have, I'm talking about when something happens, not when published. It's understandable that news come out 30-60 minutes later. Technical are overheated, Rsi is in red zone for btc no volume at all and rise happens, which scares me, and tells me disaster is waiting to happen. Macd going into red zone A lot of sell pressure, which tells me whales are booking profits, and then they will send btc down, it's easily done by margin trading if you have volume. They will buy at lower prices. Below 30k zone to average out, and have a run to 100k. Nothing can be done, just be happy to buy lower I think this bull run is over, it doesn't have that strength like previous bull runs, it had the strength like previous relief rallies. Also btc jumping above 200ma and closing there, then falling below 200ma and closing there, and after above 200ma. It's same movement as relief rally, when ever real bull run happened it crossed 200ma and never closed below it again, to the point when bull run finished I'm coming out from long positions, not going to risk my money for a 1000$ change in btc. Not worse the risk. Climbing up is hard, but coming down is easy. You saw that yourself. When I was warning before that it will drop from 50k range. 48500 is good enough pull back in order to go more down and break resistance at 42k. You can see on order ladder or order book, there are practically no orders until that level to stop the fall. I wonder why whales don't put orders there, but only put big sell orders!? I will go short ith small margin until 37k, it big supply zone. It will jump up from there, then I will short it again Good luck and safe trading Not financial Advice, recheck my analysis and make a decision, I hope you make the right one
BITSTAMP:BTCUSDShort
by ergash1982
3
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
CAN BTC REACH $50K?Welcome folks to this important update on BTC. In the previous 4 hours chart update, I clearly mentioned the fall or a bounce in BTC price and we all know that BTC took a nice bounce from the 100 MA. Now, let us look into this chart which indicates some positivity in the market. The lower trendline (acting as a support) is close to the 100 hourly moving average. This is the exact supporting trendline from where BTC bounced twice and gave a massive gain of 25% to 30%. Now, the interesting thing is BTC once again bounces back from the exact same supporting trendline, and if by any chance BTC gains 25%, ok 15% from the bounce then we will enter the $50k price level. Okay, now let us look at the invalidation point. There's only two invalidation point, 1) The 100 MA with lower trendline, and 2) The Horizontal support line at $44k. If BTC breaks below these levels (which is 5-6% below the current price) then the chart will be invalid. I am biased towards the bullish side and if the rally continues then by the end of this week we may see BTC at $50k. Adiós for now and hopefully see you guys soon in the $50k. What are your thoughts on BTC? What your T.A says? Do share your ideas in the comment section and also like this chart. Thank you.
BITSTAMP:BTCUSDLong
by Dexter_The_Trader
BTC By 2017 Standard; True Bull Market is in the Next 90 Days- Instead of using the halving date as an indicator for the start of the cycle. I took the first time BTC starting breaking its previous all-time high. - By this measure, we were at a similar point in 2017 to where we are now . Boring consolidation after a massive collapse of around 40%. - In 2017, after the 200th day the price of BTC rose by almost 1600% in only 95 days -Adjusting the movements proportionally to what happened in 2017, we should be looking at a ~230,000$ BTC in the next three months.
BITSTAMP:BTCUSDLong
by falamah