Btcbullish
BTCUSDT Analysis UpdateHi, traders!
Today we will tell you about the Bitcoin and give you our point of view with regards of this token. Well, we still bullish. We still believe that BTC is able to push the limits more and more and show the world the power of crypto. So, let’s go beyond words.
Not so long ago Tesla sold 10% of the company’s BNC deposit. Some people found as an act of fear of Musk. However, let’s dig deeper. 10% is considered to be very small part of their BTC deposit. Moreover, we find it a way to gain money fast, because they need them to report to investors. As you see market has showed no reaction on it.
Let’s have a look on the chart. At the first sight it seems to be choppy. However, we see a great support levels of previous price action demonstrated by Fiba Retracement levels and EMA. Thus, we are sure that probability of further growth is extremely high. Here are some scenarios of probable price action.
Scenario A
Short-term consolidation between 0.382 and 0.5 Fibonacci levels and further growth with mid-term consolidation in “golden pocket” (between 0.5 and 0.618 Fibonacci levels) with break out over the 0.618 and even higher.
Scenario B
Bears will have a small win and the price will go down to 0.382 and lower. On these levels lots of alerts are pointed, that’s why the price will anyway reject from these levels and pump.
DISCLAMER : Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
BTC- Double Bottom ??i think btc is performing well in a few hours lately...
BTC was having a double bottom pattern.. is it a sign of Bullish Trend again?..
i am hoping BTC can break the golden resistance around 53 K.. cause if it does... my wallet turns green....
Let Me Know what you think folks...
BTC pro analysis without biasI do my best to look at every chart in a neutral stance. I hope you find my analysis true to that.
By triangulating 2 spirals on wave patterns, 2 trends, and 2 PI circles (1 SRC PI cannot be shown due to clutter of chart) These are the high probabilities. The market will fall to the spiral and bounce up back into bull cycle, or it will make a decline to one of the 2 markers at about 49k or the last wave low at about 51.5k. Good news for the bulls as no matter the case, things are sure to be turning around, or turn around within 4 days maximum.
these are dual scenarios for bull also incorporating the possibility of a little bear market within the next 2-4 days as a likely maximum bracket for return and this is great news for bulls. The low target fall is about 49k and it will look to climb immediately- this target may or may not transpire, however if it does, it will be very quick in all likelihood after penetrating the bottom of the spiral shown in chart.
We have 2 paths shown labeled A and B. 'A' path seems steep, yet it shows it as a possibility. 'B' path looks more realistic and has a higher probability for a 100k target. We also have 2 respective dates in May and June where wave cycle allows in perfection to reach 100k by using the wave compass.
*The above shouldn't be taken as financial advice*
If this diagnosis serves you well, I take donations. Thanks and happy trading! <3
BTC to 70k or was it just a fake break out???So right now BTC has pumped up to 60k!!!
Is it fake??
Right now BTC is testing the resistance level as new support...
If it goes well we could see movement up to psychical 65k or 70k... My Price target is 67-69k
If it goes wrong we could see movement down to 57k... The test of resistance of the triangle and possible break down to lower support zones...
Overall BTC seems pretty bullish right now.
BTCusdt Strategy, Technical analyses From the channel, it is obvious that we can expect a strategy like Green Line which I highlighted.
Importantly, Golden Circle could be a great area as a Bullish area to see an increase on BTC price.
Plus, Golden Line is the most important Supportive area and Red Line could be other lines as a Supportive area.
BTC bullrun outlook Hello,
After a long time I publish a new idea.
This is my analysis from BTC from the last couple years.
In my opinion BTC still has to go parabolic.
+100k seems possible, let us not forget even 300k in the parabolic run is also possible.
When BTC will go parabolic I think it will only take around max 4 weeks till the crash.
All depends how long BTC will stay around 70k$ imo.
Correction of 85% like always? I doubt so.
Too much institutional money, people will buy in before bottom even gets reached.
What correction do I anticipate?
Depending how high we go, I expect to 100k a correction around 50% probably.
If we go higher (like 300k supposedly) I think 70% is still possible.
Eth and Alts will have bigger corrections, 80-95% for sure.
When will it go parabolic?
I think it all depends when BTC goes to 70K and how long it will stay there.
In my personal opinion I see the market still rally for couple of months.
THIS IS NO FINANCIAL ADVICE.
PLEASE DO YOUR OWN RESEARCH ALSO.
Any questions, feel free to post them
Bitcoin sudden DUMPDo not worry, the $400 drop in bitcoin price might have seemed sudden. And although the hour candle closed below key support and resistance levels (which may be a bad sign), the price is only retracing and pulling back naturally and has successfully bounced off the 0.382 Fibonacci level, leaving much space for bullish momentum today, April 1st, 2021.
This is only published for educational purposes.
Thierry
BITCOIN Price CRASHES! WHAT NOW?In the last couple of hours, the price of bitcoin has quickly rallied down back to $58,000, at one point reaching $56,800, after not being able to break through a key resistance level that I have drawn using a Pitchfork.
The price quickly rallied up to $59,700 before crashing. This could have been caused for many reasons. It could have been caused by a very quick rise in price that caused the collapse, or a very big volume of bearish orders at that moment. The price has finally caught up and has gone back into previous key positions that allow us to determine its next moves better.
The drop might have been not too big, but amateur traders started selling off there assets too quickly after seeing a small drop in price.
Mind that the price never totally wen out of my graphs and actually bounced off a key support level. It has been retesting a specific Fibonacci level for hours now, but might make a slow rise back to the top starting from now.
This is the best example as to why you should not sell your assets so quickly.
The cycle will continue and BTC will rise back!
Thierry
This analysis is only for educational purposes.
BTCEUR - short term prediction - Weekly updateBTC stays bullish and confirm my prediction of last week. We are seeing higher highs and higher lows to signify a growth in the price even if not at the fast pace at which BTC have made us accustomed to in the last months. This almost sideways trading is good to create a strong support level in the range 41 to 43 thousands. the next resistance appear to be around 44/45K but should be easily achievable if the sell off have really stopped as it seems. overall the upward trend is continuing and we will see soon BTC at 50K EUR.
A touch at $42k then to a new ATH and beyondOn the BTC 4hr charts, it appears we have matured into a descending wedge with at least a rising wedge and a symmetrical triangle contained with. The 4hr time frame seems to be on track to extend the bullish hidden divergence further too.
With the Fib Retracements from the swing low of the last consolidation bottom and the all-time high, ironically, $42k is not just the target of the broken down symmetrical triangle but also the golden pocket on the Fib retracement. With this much confluence around the $42k, a bullish leaning descending wedge and bullish hidden divergences extending on the 4hr timeframes, surely it's only a matter of time before Bitcoin touches $42k and the bulls step back in and defend the previous all-time high of $42,000.
Expect to see a wick down and fast shot back to the upside, break out of the wedge to the upside, meet the technical target of the top of the wedge/ all-time high and rocket onwards...
Could this be the last pattern before we reach the promised land of $100k?
Guys yesterday I was talking with the mOon in person and it saidThat a 602 price taG is bitterly coming within days !!
Personally I wouldn't share another GOLDEN GIANT HIS MAJESTY THE BNB All TiMe KinG till it reaches my 602 busd/usdt/whatever stable coin price TaG ,,, is it clear for every one !!!!
Please ,, please , and again PLEASE DO NOT SELL A FRACTION OF BNB COIN !!! Whatever you've got 1000, 100, 10,1 or even 0.01 bnb DO NOT SELL THAT SHIT ,,,,, in stead you can accumulate more and more and diffinitelY moooooooore of this baby !!!
Personally I wouldn't be selling None of my bnbs' till 1263$ price TaG AS SHOWN ON A PREVIOUS Analysis on my trading view profile down below ! !! !!!
And t be honest with you I'm seeing astronomical bnb's tarGets ,,, like ,,,,, ^^ in the next episode ,, so be tuned and DO NOT SELL YOU BNB(s) ok ??????????? ^_^ you will think me later ,,, with a CrYPTo champagne ^_^ !!! God blesS you ALL AND HAaPy (trading) no !! no trading,, i meant HAPPY btc and BNB HoDEL (no holding) HODELING ! !! !!!!!!! ^_^
Both Paths Lead to $60kBitcoin has both a bearish and a bullish path, both of which inevitably lead to a $60k Bitcoin in the coming months. In the unlikely scenario that Bitcoin falls below the $30k support line, expect strong support at, or just under, $25k.
A dump to $25k would be a full 40% correction from its $42k all time high - par for the course and something we've seen Bitcoin do many times before - which is then often followed by a rally to new all time highs.
#bitcoin #btc #crypto