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Btcforecast

Bullish deep crab harmonic on btcBTC is developing bullish deep crab harmonic on a daily chart which will complete at $12,884 which is its PRZ(Potential Reversal Zone). Price will bounce back from this level to the upside. On a weekly chart we have another bullish deep crab harmonic developing which will complete at $3,752. Remember this is a weekly chart so it can take months to complete but looks less likely that we will see BTC price to see bottom of 2018 but considering world's financial crisis ANYTHING can happen to crypto because crypto is MOST volatile of all financial markets in the world. We will see good days next year summers In sha Allah.
BITSTAMP:BTCUSD
by NasirCrypto
BITCOIN - Bear Market about to endAs with every bearish cycle, panic is reigning in the crypto world right now. And for this very reason it seems appropriate to make this analysis that, hopefully, will shed a ray of sunlight on the fearful ones. Since there is a lot to work with, I will divide the analysis into 3 parts (please note that this is macrocyclical trend analysis but fundamental analysis has not been considered). The material in this publication has no regard to the specific investment objectives, financial situation or particular needs of any viewer. This publication is presented solely for informational and entertainment purposes and is not to be construed as a recommendation, solicitation or an offer to buy or sell / long or short any securities, commodities, cryptocurrencies or any related financial instruments. Nor should any of its content be taken as investment advice. Trading and investing is extremely high risk and can result in the loss of all of your capital. Any opinions expressed in this publication are subject to change without notice. 1) Cycle Duration: Bearish cycle & Bullish cycle 2) Bear cycle bottom & Current bear market correction 3) Bull cycle top & Next bull cycle gains 1) Cycle Duration Bearish cycle : If we measure the duration of the previous bearish cycles, we can see that the 1st cycle lasted around 150 days, the 2nd cycle lasted around 640 days, and the 3rd one lasted near 820 days. If we average them we can estimate a duration of 550 days for the current bearish cycle. As a result, we can infer a high degree of probability that we'll touch the bottom within the 4th quarter of 2022. Bullish cycle : If we measure the number of days between the maximums of each cycle, we obtain an average of 1180 days. With this result we can infer that the next cycle top will be around June 2024. On the other hand, measuring the duration of the bullish cycle of each macro cycle, we obtain an average of 600 days per cycle. Which allows us to forecast that the next bullrun will be between the 4th quarter of 2022 and the end of 2023 1st semester. 2) Bear cycle bottom & Current bear market correction Bear cycle bottom : The first bitcoin correction was about 93%, the 2nd one was near 85%, and the 3rd one was arround 83%. On average, bitcoin corrections have been reducing by 5 points per cycle, so we can infer that the current correction can reach approximately 73%. The price bottom we obtain with these calculations is roughly $14,000 3) Bull cycle top & Next bull cycle gains Bull cycle top : As in all markets, as the market capitalization of an asset increases, the amount of money that needs to be injected to produce a significant price movement also increases. Therefore, in percentage terms, we can expect the profit level of the next bullrun to be lower than the previous one. In total terms, the 1st bullrun saw a rise of around 52,000%, the 2nd bullrun rise was close to 12,000%, while the 3rd rise was close to 2,000%. With this movement patterns it's fair to assume that the gains porcentage will be lower, so we infer gains of up to 1,000% for the next bullrun. The price top we obtain with these calculations is roughly $150,000 I hope you enjoy this review and found it useful. Or, at least, that this helps to give that little push needed for trend reversal. Cheers!
BNC:BLXLong
by GSANMARTINv
1
#BTC/USDT 1DAY UPDATE BY CRYPTO SANDERS Hello, welcome to this BTC USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-Bitcoin (BTC) fell for a second straight day, as markets continued to react to the latest U.S. retail sales report. Following the better-than-expected increase in consumer spending, BTC/USD slipped to a low of $16,430.11 earlier in today’s session. The drop comes a day after the token was at a high of $16,726.44, but it now seems to be heading for a recent price floor. Looking at the chart, this support point appears to be at the $16,200 level, which has been the last line of defense prior to the token moving below $16,000 in recent days. A positive for long-term bulls is that the 10-day (red) moving average looks as though it has somewhat exhausted its downward momentum, with a shift in sentiment potentially in the cards. Should an upcoming floor of 34.00 on the relative strength index (RSI) hold firm, then we could see BTC bulls begin to buy this current dip. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
4
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC USDT 4Hr chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-BTC got rejected from the horizontal resistance. There is uncertainty on the lookout and the volume is extremely less. The short-term range of BTC is from $15.6K to $17.1K. A strong breakout above $17.1K would confirm a push toward the bearish order block around $18.5K, which is the fundamental level for bulls to break for the mid-term bullish affirmation. A sustained breakdown of $15.6K support would confirm one more leg down in the market toward the $14K to $12K zone, and that could be the end of the corrective waves. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2
#BTC/USDT 4HOUR UPDATE !!Hello, welcome to this BTC USDT 4Hr chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-Bitcoin bounced from the hourly support. BTC needs to break the $18,000-$18,500 area to get some momentum. We may see some sideways move from $16,000-$18,000 for the next few days. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this BTC USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-The $18K level had been supporting the price for several months. However, Bitcoin was recently rejected and experienced a massive shakeout, plunging beneath it following massive bearish momentum. The market has likely entered a new consolidation range as the price dropped significantly. Nevertheless, during this phase, the price might retest the $18K level and the broken trendline in the form of a pullback and then continue the bearish trend toward the $11.600 level. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2
Strong Sell Signal for Bitcoin. Road to 14k.I analyze daily and weekly timeframe. Here are the list why bitcoin will go down: 1. 100 SMA and 25 SMA is my indicator for reversal. It the recent rally, the 100 SMA and 25 SMA failed to cross for bullish reversal. 2. Support lines are drawn in my chart. It currently breaks the support line in 17.5k-18k area. It is headed for the next support of 14k. If you zoom out the chart and look for weekly chart. You can see a support at 14k in June 2019. 3. -DI is above the ADX and the slope of ADX is high. I also based the strength of the trend based on the slope of the ADX. I look for 14k if there is possible big rally or bounce. I will take profit if the -DI goes below the ADX and wait for further reversal signal.
Short
by UnknownUnicorn13326052
4
BTC/USDT 1DAY UPDATE BY CRYPTO SANDERS !Hello, welcome to this BTC /USDT 1D chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-Market is falling apart as Bitcoin broke the major support level. The weekly support is $15,000-$15,500 area and $12,000-$13,000 area. Binance backs off from the FTX deal and leaves the exchange on verge of collapse. If FTX is not rescued soon then we see more dumps in the market. Better to wait for a clear decision on FTX. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
1
📉✌BTC 15min Short Position✌📈BINANCE:BTCUSDT COINBASE:BTCUSD Hi traders, first look at my previous analysis (linked below). 💥A quick short position can have a good chance of winning. between now and the yellow area above, you can open short position in two steps. If the price falls and reaches the risk-free level, you can risk-free the position. TP1-2-3-4-5-6 are on the chart. The optimum stop-loss is on the chart. Please share ideas and leave a comment, let me know what you think. CrazyS✌
by CrazyS
10
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this BTC /USDT 1DAY chart update by CRYPTO SANDERS I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis. BTC Analysis:-On the daily timeframe, the price just broke above the 100-day moving average resistance line after multiple rejections during the last couple of weeks. this is the first time it succeeds since September, and if the price holds another day above it – it will become the longest period since April. In the event of a bullish daily close above said moving average, the breakout would then be considered valid. The next targets for Bitcoin are the $24K resistance level and the 200-day moving average located nearby. From a traditional technical analysis perspective, a bullish breakout above the 200-day moving average would theoretically mark the beginning of the new bear market. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
INDEED BITCOIN HOLD THE $20K SUPPORT.Well! Well! Well! Here comes the breakout on BTC. My previous analysis got invalidated cause I expected a quick drop toward the $19.3k support level. Things took a sharp turn on BTC and unexpectedly it rallied all the way up to $21.4k as per the current scenario. This could be a good thing for the market both in the short and long term. If BTC manages to stay above this breakout level then we can consider something massive rolling into the crypto market. But if BTC drops down below it then this could possibly be another trap. At this point in time, I am not gonna play a scalping game. I would rather bet on long-term gains on BTC and other major altcoins. I am long on BTC at $18.3k and I will continue to hold it. If BTC drops down below $20k once again, I will accumulate more. Anyways, I will discuss more regarding the long-term perspective on BTC in the higher timeframe update. Thank you for your continuous support of my content. Trade safely.
BINANCE:BTCUSD
by Dexter_The_Trader
1
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this BTC /USDT 1D chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome to this chart. Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-daily timeframe, after breaking above the long-term bearish trendline and retesting both the trendline and $18K, the price has been trapped between two significant dynamic levels; the 50-day and 100-day moving average lines, located around $20K and $21K. The cryptocurrency has been consolidating in this range since breaking the 50-day moving average to the upside but is yet to close above the 100-day MA. A bullish breakout could lead to a rally toward the 200-day MA and the $24K resistance level, which are both strong barriers to be surpassed before anticipating the beginning of a new bull market. On the other hand, in the event of a deeper pullback, the significant $18K support level could come into play once more. However, it may not be reliable as it has already been tested on multiple occasions recently and, as a result, should be considerably weakened. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
BTC Wedge focus. This is the wedge trend focus for the previous supply zone. Watchingn the pullback within the focus on this channel drop. Expecting support on the base wedge with a exit drop opportunity set on the lower price note. Watch the failure of 19111 as a signal of some additional drops. Break above 20813 gives us potential to retest for 21 to 21.4k range for the top range of the trend line set within the wedge. Lets just see where it fails the wedge and how far it pulls back thereafter. Do you feel a potential run up to the 23-24k range if we break and maintain 21k region???? Drop your thoughts
by EMC2PRoPheT
2
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this BTC /USDT 1DAY chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome to this chart. Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-Looking at the daily timeframe, the last week’s rally has come to a halt, as the price is yet to break above the $21K mark. The 100-day moving average is currently acting as an obstacle, rejecting the price to the downside. Thus, a short-term correction has seemingly begun over the last couple of days, and the price may retest the 50-day moving average, located around the $19,500 level, which would be considered a significant dynamic support level. In case of a pullback to the 50-day moving average and an eventual bullish breakout above the 100-day moving average, the significant $24K resistance level and the 200-day moving average, trending around the same area, would be the next likely targets for the rally. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
BTC Forecast BTC is holding a support area of 20400- 20600 and supports the lower trend line in the 4H time frame. Currently, 20K is the major support area and 20800 is the major resistance zone. We have a FED meeting after 02 days which will affect the market (pump or dump) and maybe in these 02 days BTC will not make a major move. Anyhow BTC seems bullish to me and it can go up to 21400 in the coming days if all goes well and it breaks the 20800 resistance area and hold it.
Long
by Hassanaskarisyed
📉✌BTC 30min Long Position✌📈BINANCE:BTCUSDT COINBASE:BTCUSD Hi traders, first look at my previous analysis (linked below). 💥If the price trend does not break the bottom of the yellow zone, a quick long position can have a good chance of winning. between now and the yellow area, you can open long position in two steps. If the price reaches the risk-free level, you can risk-free the position. TP1-2-3-4-5 are on the chart. The optimum stop-loss is on the chart. Please share ideas and leave a comment, let me know what you think. CrazyS✌
Long
by CrazyS
8