BTCEUR
Bitcoin will be Back to 10.5K soon without even closing MarchHi all,
I am back with new post. I found some very interesting pattern that I believe will result in the mighty pump. Note that this month has been very tricky so far even for the experienced traders due to uncertainty over the trend. There were no clear signs of the trend unlike last month or earlier and has been tiny edged for both Bulls and Bears which resulted in good fight over last few days. Now I see there are some very good news coming in and people entering the market which boost the sentiments of BITCOIN Bulls. I observed that weekly is gaining momentum for Bulls and on daily the symmetrical structures of the candles indicating a bullish pattern. I will keep updating this chart as time passes and request you to follow this idea and me for the new updates, also hit like so that I gain some reputation which can help me reach more people.
Best regards and peace,
Budha
#BITCOIN | Possible Scenario .. #Head and shouldersHello dear !
we always return to you on our humble channel, to give you the best analysis and possible expectations :)
We also informed you that the price will rise from these areas in the previous analysis, and this is what happened. The analysis can be found below
And now what next!
Let us focus well on the declining trend line, as it is the good key that will inform us of the upcoming movements. We notice the price when it reached the line. We formed a strong candle to the bottom, and this is negative.
We expect to form a head and shoulders pattern in the medium term. If this happens to happen, the price will start again in a strong wave to the top.
Respect each level with caution and do not rush
Take Care
Check out some of our previous analyzes and don't forget to click on the "Like" button
ridethepig | You Know The Drill ... BTFD !Even BTC could not avoid the exodus from risk last week. Positioning isn't the problem in this case as the market is back to Jan levels, a clean sweep of the soft hands to reset play ahead of the halving ...
We can expect to see a broad recovery of Crypto this week on the back of co-ordinated CB policy intervention, I still favour trading BTC from the long side around these levels, for a move higher towards $13,500 and $16,000, as the liquidity punch bowl continues to be refilled. Momentum in the macro community is starting to gain speed as confidence in public sector assets deteriorates, this premise will be positive for cryptocurrencies broadly.
In the medium term, potential Crypto hedges from risk will also come into focus as markets provision for losses in global growth and s/t EPS. Miners are in a bit of a tight spot with prices at these levels, there is a lot of liquidity being taken out the system in LTC at the moment which is help:
I have been arguing that positive BTC fundamentals should see the highs inevitable taken, but it became clear last week that positioning was too heavily loaded on one side and induced the BTC sell-off. Happy to stay long and add on dips.
Thanks as usual for keeping the likes, comments, charts and etc coming!
LONG GLOBAL MARKETS FLOW INTO BITCOIN 2020If a black swan event is in play BTC will become the Sovereign fast safe haven for investors.
The world is switching from analogue to digital so to speak.
50K could be on the cards
cointelegraph.com
cointelegraph.com
www.cnbc.com
finance.yahoo.com
blockonomi.com
bitcoinist.com
www.youtube.com
COINBASE:BTCUSD
BITSTAMP:BTCUSD
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BYBIT:BTCUSD
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BITTREX:BTCUSD
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BITBAY:BTCUSD
CEXIO:BTCUSD
OKCOIN:BTCUSD
CURRENCYCOM:BTCUSD
BITFINEX:BTCUSDSHORTS
BITFINEX:BTCUSDLONGS
BINANCE:BTCUSDT
BITTREX:BTCUSDT
POLONIEX:BTCUSDT
HUOBI:BTCUSDT
BINANCE:BTCUSDC
COINBASE:BTCUSDC
BINANCE:BTCUSDTPERP
COINBASE:BTCGBP
COINFLOOR:BTCGBP
FOREXCOM:BTCGBP
BITFINEX:BTCGBP
CEXIO:BTCGBP
BITBAY:BTCGBP
BITFINEX:BTCGBPSHORTS
BITFINEX:BTCGBPLONGS
BTCCHINA:BTCCNY
COINBASE:BTCEUR
CRYPTOCAP:BTC
OTC:GBTC
BITFINEX:BTCUSDLONGS
BTC GRADUAL DETERIORATION TO 9000 and 8750HI guys.
We've seen so far uptrend on B going from double bottom on 6450 and reaching 9500 without any "serious" correction ( example retest of 8000$) as main support in order to go further up.
It could not breach 9650 despite several attempts, sank lower and now struggling on 9300 zone.
It can't hold there, it will drop more.
Technical side confirms daily bearsih momentuim, therefore, i find this correction as healthy price building.
Stoch RSI shows that it didn't sank on daily yet, so, there is also room to drop.
Also, we have strong bearish EMA H6 cross.
Go short from 7-10X (for those who "bet" on bitmex" ) or simply clear your positions in order to rebuy lower.]
Good luck and thanks for reading.
Short term uptrendThere is a nice chance we might see a short term uptrend back to 9500-9700 zone, before we move down any further. We hit the bottom of our daily price downtrend channel as well as our daily RSI downtrend channel. There is also a massive MA 200 in play which should hold for now.
After the bounce upwards we should continue down a little bit pass the current low to 8300 (depends how fast everything unfolds) and there the MA 100 will be right in place.
p.s. i am a noob, this is how i trade, if you do the same and lose money, man i am sorry but i cant do nothing about it
#BITCOIN | Important Levels for PriceHello dear
As we always promised, we give you the best signatures on our humble channel, and that gives us great pleasure
Today we will try to help you know the upcoming Bitcoin price movements in the medium term
As we expected in the previous analysis, the price will drop to these areas, and this is what happened. You can confirm our words in the first analysis found below.
Now what next!
Today we will give you the best areas we expect for the price to rise again, which is well shown in the chart
In relation to the wave analysis of the price. We note that the price is formed by 5 ascending waves and is now in the case of the ABC correction
Check out some of our previous analyzes and don't forget to click on the "Like" button
Bitcoin - Bearish before BullishI believe last wick of 9300 will be tested now. I think that we must create lower low with some consolidation brefore we will see higher high. the price can still retest 10.000$, but i do not think it will break it.
I would look to long around weekly support 9050, if the price will possibly spike there.
BTC long term ascending triangle soon closng on logaritmic scaleHello fellow cryptoers.
Disclaimer; I have little to no idea what I'm doing.
I noticed this large ascending triangle when using the logarithmic scale, that is soon to close (fully closed by the middle of june).
As this one is ascending, it can be expected for the price to break upwards.
Please tell me if you think I'm onto something. Hopefully someone more knowledgeable can clarify any mistakes, or add onto the TA.
Trade safe!
#BITCOIN | Update 23/O2/2O2OHello dear !
Today we will provide you with a short-term Bitcoin price update
As we expected in the previous analysis, the price may return to test the general trend line, and this is what happened. You can see the analysis below
Next expectation :
- Negative Expectation: A decrease in price after touching the previous trend line
- Positive Expectations: If the #downtrend line is broken and a 4 hour candle closes above it
Check out some of our previous analyzes and don't forget to click on the "Like" button
Take Care
ridethepig | Keep Working Longs...You have to bet on this bunny to win.. right now it is better to be buying BTC dips because its miles ahead. You all know by now how things are turning down on the fundamental side, BTC will perform in the same way Gold has of late. Things are going to get worse on the macro side, and you are just saying at this point in time BTC is one of the best places to park.
Fresh money came in and snapped up all of the coins under $7,000 within a few sessions. This was widely expected, and the market began to price the halving. Increment by increment:
Retail continue to short this attempting to call the top, smart money is just riding the pig. Knowing that the direction is up. Load when the market shows strength, these are all winners. Well done buyers!
Thanks as usual for keeping the support coming with likes, comment and etc!
The big thing happens when no one is thinkinghi everyone
recently we saw price goes down for no reson until 9300 from 10300 its about ten percent in just a blink , just in one broker more than 120milion usdollar get burnd i think we can see this behehaver just in crypto market so in my opinion ( and very other ) this is very risky to be in this market just base on technical analysis . i hope Wealth for all
#BITCOIN | What is the next trend !Hello Dear !
Bitcoin price started falling and this was expected
We have many reasons to show us the next direction
- Break the uptrend
- Break the last bottom
We expect the price to rise slightly to retest the trend line and then continue to decline
Be careful and take care of yourself
Check out some of our previous analyzes and don't forget to click on the "Like" button
Bitcoin Elliott wave Exclusive Update for Retracement Wave ABC#BTCUSD Elliott wave Update:
Bitcoin Current price is $9850.
#BTC finally Hit our First Support A $9480 Correction Wave.
Now we can expect some upward move after Down leg.
If #bitcoin hit above $10600 then This pattern fail and I can expect new high of 2020.
Please stay tuned for latest updates and also follow me.
Support: $9475/$9149/$8701
Resistance: $10373/$13800
Bitcoin Headed towards 8300 before the mighty pumpHi all,
I am back with the new post. I noticed that bitcoin headed towards 8300 before the next mighty pump.
You can see in the main chart that there was a perfect symmetry that needed a correction. Also in the below weekly chart you can notice that bearish candles are going to have more magnitude and can follow one more red candle bigger than previous ones:
As mentioned in the main chart, my trade is short and target is 8300-8500. I am going to buy Bitcoin at that price and I may wait patiently until then without being tempted to ride short waves that can yield in the bad results.
If this chart helped you kindly hit like and follow me.
Peace,
Budha
BTCUSD New ATH in 2020In the overall picture I think we just finished wave 1 of a larger wave 3 to the upside, which will lead us to new all time highs during this year (somewhere along the 30k USD range). As you can see from the fib retracement lines, wave 2 just hit the 0.618 range which points to a healthy correction before a larger explosive wave 3.
This is not financial advice, it's just for me to keep track of my own predictions and trades.
If You Don't Own BTC ... Buy The Dip !!!With treasuries below inflation for only the second time ever in history (btw first time happened at the end of 2016 before monetary tightening). Global CB's are co-ordinating easing this late in the cycle makes it a matter of 'when rather than 'if' BTC will explode. This is the perfect environment to be adding on the dip, and a must have for all portfolios! My readers following on this swing will remember trading the lows:
The Waiting Game
Marching Troops To The Border
Destroying The Defence
Seizing A Breakout
Flirting With A Break of $10,000
On the short-term flows it was crystal clear we would get the retrace as soon as Tokyo and NY offered the open, we lost the highs with a fresh breakdown. This dip is a buying opportunity as highlighted in my latest idea:
...As usual thanks for keeping the support coming with likes, comments, charts, questions and etc! Jump into the comments with your views!
BITCOIN RELOCATION CYCLE: Everything you need to know.I would like to talk about the relocation of Bitcoins over time and especially at a point that has been crucial for me to understand how Bitcoin is currently positioned among investors.
The relocation cycle is a period in which an asset is transferred from one hand to another.
Much of the Bitcoins have had several owners throughout its history, and it is a pattern that it is repeating today and therefore it must be closely monitored.
In 2014 there was a market crash very similar to the current one, in that period of approximately 3 years, the currencies were transferred from less confident investors to investors with a greater future prospects for the coin.
To my surprise, and what truly fascinates me about the current state of Bitcoin , is what happened in November 2018. When that long-term trend line was broken, many investors panicked and sold their assets , nevertheless at the same time on March 2019, there was taking place a purchase of the asset at low levels, a new transfer from dumb money to smart money, which is very positive for Bitcoin as it is now less prone to being sold. That could lead to a constraint of the offer of Bitcoins and if the demand keeps up, a price increase of the same.
If this transfer is completed we could see Bitcoin at a much higher levels.