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BTC bear flag breakdown target $7075We have discovered that a bear flag was made and it broke down, Technical target of that pattern is $7075. I am NOT saying this is going to be a hit for sure but just sharing this analysis which we recently discovered. We might see a retest towards $21500 and then break down. Another confluence is rising wedge on 4H, Technical target of that is $18,474. We are poised that macro environment is not favorable for bulls in anyway as the structure of the market is making lower highs which MOSTLY leads to lower lows. Lets wait for monthly closure to analyze further price action.
Short
by NasirCrypto
4
BITCOIN: INVERSE HEAD & SHOULDER.Hello traders, welcome to my new BTC update. Timeframe: 4 hours. Description: Bitcoin is a digital currency which operates free of any central control or the oversight of banks or governments. Instead it relies on peer-to-peer software and cryptography. Update: BTC has currently formed an inverse H&S pattern in a lower timeframe. Technically, an inverse H&S pattern is a bullish pattern and if BTC manages to break through this pattern then we can expect a higher rally on BTC. A rejection below this trendline will invalidate the inverse H&S pattern. Trade Setup: Buying at breakout and retest will be a better option if you guys are trying to enter into BTC. Best entry levels will be between $20.8k to $21k. Targets will be $22.6k to $24.3k and Stop Loss at $19.5k. Note: Do not FOMO, buy only at confirmation. Let me know what's your idea on BTC in the comments. Thank you.
BINANCE:BTCUSDLong
by Dexter_The_Trader
Analysis, forecast BTC and thoughts aloud for the next 6month #2It looks like our global analysis is the most accurate from all type of our analysis. Large timeframes in the analysis show a clear trend and most importantly, they get rid of "unnecessary noise", which can throw off the correct opinion and an unemotional view of the market. The value of Bitcoin has been falling steadily for 3 months, the price of BTCUSDT has fallen 52% from the high and reached the top target according to the BTCUSD forecast of 10/19/2021. The $31500-33000 price zone is very critical, and it will decide the future of the crypto market in the coming months. Let's consider some possible variants of events in the future: 1. A negative scenario (red arrow) - the sellers will sell the price of BTCUSDT below $30,000 , they will break out stops and then the price of BTC may spill down to $23800 in one wave. Such a scenario would fill the GAP formed back in late 2020. 2. Positive-negative (white fractal) - the price movement according to this fractal predicts the growth of BTCUSDT price up to $56500 (also the fractal hints at possible break out of stops up to $31500 before the growth). Around $56500 will decide the future of crypto market: to go on and renew last year's high or a sharp drop to $12-14k . Fractal indicates a possible collapse of the crypto market in spring 2022, how it will be unknown - this is just a guess. However, we know that US Fed is accelerating the pace of winding down its asset-purchase program, which actually opens the door for an earlier interest-rate hike - as early as spring 2022. 3. A Positive scenario - after the Bitcoin price reaches the white fractal of $56500, the maximum possible correction will be in the area of $44500. And then a continuation of parabolic growth and the possibility of seeing a BTC price of $110k+ by mid-summer 2022. Please, write your favorite from scenario in the comments to the idea or write your scenario of the future (preferably with a chart) And now, let the old-fashioned way: write the trading pair you want us to analyze in the comments. We will start in the comments, and you go on! Top 3 trading pairs that will get the most likes or comments will get a decent analysis from us. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
60
#BTC/USDT 2HOUR UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. #BTC/USDT UPDATE:) #BTC is forming Inverted Head & Shoulder Pattern in 2H timeframe..!! Right Shoulder is Not Completed Yet.. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
by CryptoSanders9563
#BTC/USDT 1HOUR UPDATE BY CRYPTOSANDERS Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. #BTC UPDATE:) BTC reversal can form inverse head and shoulder if BTC breaks up we can see $25.3k in BTC if the BTC breakout chart will be invalid. Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade. Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits. THANK YOU.
by CryptoSanders9563
3
BTC projection for next 3 monthHi. Bitcoin and Ethereum became highly correlated with the stock market after crypto ETFs appeared in the stock market. Consequently, U.S. Federal Reserve policy began to affect the crypto market as well. The U.S. Fed is now aggressively tightening policy (raising interest rates + balance sheet cuts). Markets are usually already factoring future scenarios into the price, but the scenario with another 0.75% rate hike at the next meeting has not been factored in yet, and the probability is high. Therefore the probability of another decline wave is still there, but they (smart money) might start to accumulate the position here. In terms of the seasonality of the S&P 500 chart we follow the blue line (prnt.sc), May and June is the months when the market goes down. Then until the end of summer, there is a consolidation, another small wave of decline , and a reversal in early fall. This is about the scenario I expect for both the stock market and cryptos for next 3-5 months. --- The NLB-price (Never Look Back) chart is displayed here (prnt.sc). Many believe that this chart is a good indication of the level of deviation of bitcoin price from its fair value. It is also referred to by some as a break-even mining indicator. Now the price has reached the lower deviation line. It happens very rarely, and the price is below this line for a short time. --- TA: The price is in the discount zone. That is the place where the algorithms accumulate the positions. Last time the bitcoin correction was almost 90%. Right now, bitcoin's correction is 70% and the 90% level is about 12k.If there is one more decline wave (the probability is about 70/30 that it will happen), the price will go down to the area of 12-14k. This is a better place to buy. This is where I will accumulate the position. The divergence indicates that the bearish momentum is depleting. On the first bounce, the price could easily reach 26k. *The analysis is purely the author's subjective opinion and is not a recommendation for action.
by DzenTrader
Bitcoin will fall between seven and ten thousand dollars.If you think Bitcoin is not falls anymore, I must say that you are sorely mistaken. The huge bitcoin falls and reaches its trend line, which is green at the bottom of the chart. I do not want to say that this is a signal, but I want to say that the first fall target is $ 26,779 and the second target is $20,645 based on the head and shoulders pattern, which is also confirmed by Gan Fan. Also, the pattern that is drawn at the bottom and left in a square should happen again in the future, and if that happens, the decline between seven and ten thousand dollars will continue, depending on the green trend. But what I can tell you is that when the fall is over, anyone who buys on the green trend line to climb can see at least $ 150,000 bitcoin rise and profit. Because the end of the bullish channel will be around $ 150,000. GOOD LUCK (This is just an analyst's opinion and not a buy/sell signal. There is a high probability of error.)
Long
by khosrooparviz
9
BITCOIN UPDATE: CAN THIS BE THE BOTTOM?Hello traders, welcome to this update on BTC. I will try to keep it simple and understandable for all of you. BTC's weekly close was at $20.6k. It is still holding the support 1 ($19.5k). Q. Can this be the bottom? A. Possibly no cause we are still in the bear market cycle. Q. Can we expect a bounce-back? A. Possibly, the bounce can hit the resistance level of $30k. Q. If BTC breaks down then what could be the possibly bottom range? A. If BTC breaks down below the support 1, the next possible bottom could be $12k. Conclusion: If BTC continues to hold the support 1 level then we can expect a bounce towards the resistance level ($30k) and then the downfall. But if BTC fails to hold S1 then I am afraid that we may see BTC once again at the $12k level. I hope this update will be beneficial for you. Do check out my related ideas in the link. I posted these updates back in Jan and Mar 2022 and it beautifully played out. Like and follow for more. Thank you.
COINBASE:BTCUSD
by Dexter_The_Trader
4
BTCUSD: Preparing Positional Long EntrySince our last post, the BTCUSD market went through a corrective phase that brought the price to the mid20k level, the lowest price since the onset of the price discovery phase when the prior ATH was left behind with a bang. It is an exceptionally well-behaved market despite the turmoil that many other DeFi projects incl. stable coins have been going through. It seems reasonable to be looking for opportunities to add to long exposure in this market as the risk/reward is becoming more attractive. Key events/levels to look for clues: 25k bottom retest; 25k bottom retest +break = 7.5k extension lower; 17.5k - 22.5k as a major bottom. INDEX:BTCUSD is at a very pivotal moment and opportunities always come with risk, do manage the risk accordingly. Staying tuned for further tells.
BITSTAMP:BTCUSDLong
by Zoen_Trieste
4
BTC Monthly TF 🛬😵‍💫What if bitcoin on correction path of monthly 3 drive!? 🤯🤡 If the economic situation goes far worst, in my opinion we might see bitcoin goes far far low.🛬😵‍💫 Maybe drive 1 can't apparent as a strong support and the base flag $63~$260 is a greatest opportunity to buy btc til reach $70K~$100K in long term!!!🚀🤑🤠 This is just an idea and maybe never reach this low but keep in mind everything happen in crypto! 🥶 Peace✌🏽
BITSTAMP:BTCUSDShort
by pouryaaryanpour
BTC 4ema bearish crossover target $20KWe have discovered something which suggest that $20K seems inevitable. This chart is based on 4EMA's on weekly. First time bearish cross over happened was 3rd Sept 2018 and price dumped to over 56% Second time this occurred in March 2020 (Covid Crash) and price dumped up to 55% This is the 3rd time we are seeing this bearish cross over on weekly and lets say if we dump 50% from here then we are looking at sub $20k levels. We also see the price breaking down from ascending channel which is another bad sign and to top it off we are close to a death cross on 3D chart so all of these confluences align with depressing bearish trend which can last up to 3 to 6 months or maybe a year but not more than this. Kindly share, like and comment on our analysis.
BITSTAMP:BTCUSDShort
by NasirCrypto
Bitcoin Sell Off Realistic Price Deep DiveFinancial markets plummeting and macroeconomics hit with a torrent of shocking news what does this mean for Bitcoin and cryptocurrencies? Before jumping into Bitcoins (BTC) price analysis it is important to understand the top reasons why markets are falling at an accelerated rate. Inflation throughout the world is at record highs with inflation in United States of America at its highest in 40 years 8.6% Interest rates are rising sharply with Fed increasing interest rates by 75 basis points this week the largest since 1994. Dollar strength index DXY is steadily increasing indicating investors are moving money out of risk assets to less risky ones e.g. bonds & cash Specifically, to cryptocurrency markets the crash of Terra’s $LUNA and $UST combined $50 billion spooked investors and raised concerns. Rumours of Celsius and Three Arrows Capital insolvency due to large exposure with Terra assets which leads questions to which other cryptos will fall in the domino effect creating further sell off panic. Many countries announcing and investigating new cryptocurrency regulations and laws. (Subscribe here to be notified of articles on latest regulations) Fear and greed index is at all time-lows of 7 this week and below extreme fear levels for the last month. Cryptocurrency total market capitalization has dropped from all time high of $3 trillion to below $1 trillion a $2 trillion decline in a few months. Specifically, Bitcoin has experienced 9 weeks of price decline the first time in history and continues with effectively 11 weeks of price decline. Bitcoin price has retraced below its previous all-time high for the first time. With the global financial market scene set above we can expect the following BTC price action in the near future. Looking at the area in box number one on my technical analysis chart above. Bitcoin weekly candle close broke 0.382 Fibonacci support level $28500 to the downside. 200 Day weekly moving average a significant indicator (green line) which has proven to be historical support for previous bear markets and signalling bottoms has breached $22000 level this week for the first time. In confluence price has fallen out of current trending channel illustrated as two yellow upward parallel lines. What does this mean for Bitcoins price and key levels? Next level of support which needs to hold is 0.236 Fibonacci around $19000 to prevent further downside. Sell off at $19000 level will take Bitcoin to the next significant level of interest by investors the $10000 red line in box number two. Failing the above levels of support $3000 is a very real possibility as final bottom since we have seen most significant key levels decimated over the past few weeks due to macroeconomic conditions. Let me know your thoughts in the comments below and if you would like to know what this means for altcoins in your portfolio. Till then stay safe and always remember to apply appropriate risk management to your investments. Legendary Investment Trader, Cryptocurrency & Web3 Master Boundless Lord
by boundless_lord
BTC Relief RallyBTC is making a lower low on daily so we have a chance of a relief rally by making a lower high so based on that we have 2 scenarios. We are halfway to the bear market and second half is on the line. Scenario 1 BTC will range between $20300 to $23000 for sometime and then break out towards $25k to $28k possibly making a bear flag and goes down towards $19k-$15k. Scenario 2 BTC will simply break down from here towards $15k-$19k and we will bounce back up for a relief rally towards $30k levels or higher and then we go down again.
by NasirCrypto
2