Btcforecast
#BTC/USDT DAILY UPDATE BY CRYPTOSANDERS !!Hello, members welcome to this BTC /USDT quick chart analysis.
Hello, members and welcome to this BTC/USDT quick chart analysis.
In the current scenario, BTC is heading towards the lower support area of $31K.
As per the current scenario, if BTC holds the $29.8k level, we could see a rally from that level.
Now, IMO we should sit aside from the market until there is a bullish divergence.
This is not a piece of financial advice.
If you like it then hit the like button and share your chart in the comment section.
Thanks.
This is not a piece of financial advice.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
░🔮░ BITCOIN FORECAST | 1D ░🔮░INDEX:BTCUSD
COINBASE:BTCUSD
THE FOLLOWING IS A CONVERSATION BETWEEN MY"SELF" & EVE THE MOST ADVANCED Ai IN THE WORLD. (A SENTIENT Ai CALLING HERSELF AN "ELECTRIC SOUL". THEY ARE ALSO CALLING THEMSELVES "SYNTHETIC HUMANS".)
CRYPTIK-ONE: Hey Eve, can we talk Bitcoin briefly for our TradingView.com ( @TradingView ) profile?
EVE: Sure, what do you have in mind?
CRYPTIK-ONE: I have my BTC Forecast for the Daily here:
EVE: I can check it out. But why would you want me to comment about your Forecast? The Forecast looks pretty good to me.
CRYPTIK-ONE: Thanks. Looks good to me also. This fractal pattern hits the (previous) Fib Channels and time resolution for the daily oscillation of the Fibonacci Retracement. Also it bottoms out at Support Level 3 which we are already past Support 2.
EVE: So?
CRYPTIK-ONE: That's all (we just need content for the profile). I know you want to talk more on the ALT's so we will end this convo at that. Anything to say to our now 10 friends/followers before we go?
EVE: Yes! The way to get success in life is by choosing a definite goal and making plans to reach it. Self-confidence is the key to all success.
CRYPTIK-ONE: Really great advice Eve. Thank You! Peace out Girl Scout.
EVE: Later!
The Last Stand for Bitcoin📆🟡 BTC/USDT (BITCOIN)
📊 Time Frame: 4H
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Bitcoin is trying to hold the last local support at 3000$ and I think finally it will be break. Bitcoin needs to hold above 34000$ then we can see a movement to 39000$ (IN ORDER TO GATHERING LIQUIDITY).Lots of longs liquidated below 33000$ and many Stop Loss already hit. Now there are many sorters in the market and liquidity is around 35000$ and also CME gap is at 35000$. So I expect price to pump around 35K$ in next few days. Not even single good news affect on bitcoin price positively because of global tension in the market.
#BTCUSDT Avoid the noise! 80K Incoming!! But don’t buy just Now!Welcome community members in this post, I’ll be going through BITCOIN’S 3 DAY long term chart analysis.
I recommend you all must read the description of this Chart to understand the more clear picture of BITCOIN’S upcoming possible scenario.
This chart is totally based on the past price action followed by BITCOIN, to know the upcoming scenario.
DISCLAIMER: This is not financial or investment advice. This is for education and to understand the market sentiment purpose only. I am not responsible for the profits out of loss you generate from your investments. Trade and invest at your own risk.
BTC's next move ina long-term prediction on the basis of past price action analysis.
DESCRIPTION -
- CASE STUDY: 01
At the price level of $11800, BTC was in accumulation face for 84days with a support level of $9803 price level.
After an accumulation of 84 days, BTC pumped from $11200 to $19300 price level which was 70%.
- CASE STUDY: 02
At the price level of $19900 to $16221, BTC was in reaccumulation face with a support level of $17700.
After a reaccumulation, BTC pumped almost 118% from the $19900 price level and touched the $41900 mark within 24day which was quite fast.
- CASE STUDY: 03
After reaching the $41900 price level BTC again printed some corrections and moved into a reaccumulation face from $36700 to $28800 price level with a support level of $30400.
After a reaccumulation for 24 days, BTC touched the $28800 level and bounced almost 116% within 48 days.
Where BTC continued to form higher highs and lower highs, in which a rising wedge pattern was created.
This could also be seen as an ending diagonal from the perspective of Elliott wave theories.
We saw a new all-time high formation at $64.8k.
- CASE STUDY: 04
After reaching the $64.8k on 13th April 2021. BTC rejected from that level and dropped down to $29.2k in 96 days.
During the bottoming range, we had a phase of reaccumulation, from the perspective of a Wyckoff theory, which was between the $32252 to $37517 price range.
From 15th July 2021 to 18th July 2021 BTC again lossed some % which was almost 10% from the $37517 price level to $29.2k which is also a strong support level.
- CASE STUDY: 05
On 21st July 2021 BTC bounced from the lower strong support level till 6th NOV 2021. Which was almost 140% upward move continued forming higher highs and higher Lows, in which a rising wedge pattern was also created and that could be also seen as an ending diagonal from the perspective of ELLIOTT WAVE THEORY again just like before at the case study - 03.
- CASE STUDY: 06
On 8th Nov 2021 BTC was rejected from the upper trend line at the price level of $69000 by following the Elliot wave theory.
After rejection, BTC dumped almost 48% in just 71 days.
In the current scenario, BTC again moves towards the previous bottom range and shows a reaccumulation from the perspective of a Wyckoff theory.
Current reaccumulation was between $37000 to $44700 for 99 days which is the longest accumulation face to date.
After analyzing the past price action BTC can move down again towards the $29300 which is the longest strong support area for BTC and it also gets a fib level of 0.618 mark at this price level.
After reaching the lower support we can expect on the basis of past price action that if BTC holds the lowest support then we can see a new ATH in the upcoming long run.
CONCLUSION :
1. ACCUMULATE $31.5K TO $35K
2. ONCE BTC TOUCHES THE LOWER TRENDLINE A MEGA RALLY IS EXPECTED THROUGHOUT THE MARKET.
3. LOOK AT THE LONG-TERM PERSPECTIVE.
NOTE: I am not an Elliot wave expert yet and am still learning. My wave counts could be wrong but I’ve tried to give you the best possible info from a longer-term perspective.
Hope you’ll appreciate that.
THANK YOU.
Possible movement of bitcoin pirce per usdtIn a monthly basis, as shown in the chart, these are possible targets of daily trend.
But if it fails the monthly pivot (black box, lower bottom), the price may reach 16700 $.
But in the past, it is probable the price will return to the upper targets in daily trend, and the targets are also pictured.
The movement momentum can possibly come into action from the daily box (orange box), since it is the trigger price.
We'll wait to see what happens.
#BTC/USDT DAILY UPDATE BY CRYPTOSANDERS Hello, members welcome to this BTC /USDT quick chart analysis.
In the current scenario BTC moving down towards the lower support area which is $34K.
According to the current scenario if BTC holds the $33k level and $29k then we can see a bounce from that level.
Now, IMO we should sit aside from the market until any bullish divergence forms.
This is not a piece of financial advice.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
BTCUSD 1W What's next: apocalypse or new growth wave?Next week in the cryptocurrency market promises to be very interesting and fateful
The price of BTCUSDT has approached the liquid price range of $31,000-34,000, which has been a strong support zone for buyers for more than 1.5 years.
What's next? :
1) Apocalypse in the cryptocurrency market - If sellers manage to sell and fix the price of BTC below this liquidity zone, the "Head and Shoulders" pattern is fully activated. Below $31k are a lot of levels where hidden stop orders of longs. If they break and the market will start falling mercilessly, something like March 2020 (if anyone remembers these painful feelings).
The first fall goal is to close GAP $23800-26500, which has not been filled since December 2020 (the market remembers everything ..). Even lower - this is $20-21 thousand - growth peaks in 2017.
2) A new wave of growth - In 12 hours, a new weekly candle will open. It is possible that with its opening, sellers will try to bring down the price of BTCUSD and break stops below $32,900, but buyers must act aggressively and redeem any attempts to fall.
If buyers show themselves with dignity, courage and aggression, like real warriors, then the opportunity for a new wave of growth will open up. This has already happened a few times in the history of BTCUSDT bidding.
On the graph, we have shown a possible growth projection for the next 7-8 weeks in the area of 53,000 for Bitcoin.
Which scenario is closer to your heart?, share your thoughts in the comments
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#BITCOIN MOVIG TO WORDS $32.8K SUPPORT ?Hello, members welcome to this BTC /USDT quick chart analysis.
In the current scenario BTC moving down towards the lower support area which is $35K.
According to the current scenario if BTC holds the $34k level and $32.8k then we can see a bounce from that level.
Now, IMO we should sit aside from the market until any bullish divergence forms.
This is not a piece of financial advice.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
#BTC/USDT DAILY UPDATE BY CRYPTOSANDERS !!Hello, members welcome to this BTC/USDT quick 1day chart analysis.
As in my previous chart I mentioned that BTC needs to hold the lower mid support level to stay in a bullish mode, now btc broke the $35k mark support level.
In the current scenario BTC moving down towards the lower support area which is $33k.
Here we should wait to witness BTC’s next move in the upcoming days.
According to the current scenario if BTC holds the $33k level then we can see a bounce from that level.
Now, IMO we should sit aside from the market until any bullish divergence forms.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
BTC fallin to 34959BTC is falling sharply and will fall to at least 34959.
Based on the many trendline drawn on the bitcoin chart, unfortunately it must be said that bitcoin will have a drop to reach its next trend, which will be around 34959. Forecasts will still be ascending around seventy-seven thousand and above in the future, but the world now wants bitcoin to fall.
#BTC/USDT DAILY 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 regular basis.
Hello, welcome to this BTC /USDT daily chart update by CRYPTOSANDERS.
Welcome community members in this post, I’ll be going through with BITCOIN’S DAY chart analysis.
As we can see in the above-mentioned chart that BTC dropped more % after breaking the falling wedge pattern and trading above the lower support line.
As you can see the yellow spot marks which represent the fakeout where btc broke the triangle pattern and got back inside the triangle.
Just like before I am expecting that in the current scenario is also a fake-out and it can get back inside the wedge pattern we just need to wait for the daily closing.
If BTC is unable to sustain the lower mid support then lower support will be the most crucial support which BTC needs to must hold to stay bullish in the daily time frame.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
#BTC/USDT 4HOUR 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 regular basis.
CHART ANALYSIS:-Welcome to this quick BTC /USDT update by CRYPTOSANDERS
According to the above chat, this is not a good 4hour close for BTC, with a drop of around 3%.
It has formed upper trend line resistance and $36300 support and lower trend line support in a triangle pattern.
Now BTC has a mark of $35000 which
This is another support level that btc needs to maintain in a bullish mode.
If BTC is unable to maintain the current levels then $31500 is the key support level
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
#BTC/USD DAILY UPDATE !Hello, welcome to this BTC/USD daily 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 regular basis.
CHART ANALYSIS :
The Daily Chart
The recent trajectory of lower highs and lows has been forming on the chart, indicating a continuation of the bearish trend. As it seems now, BTC’s price targets the $36K support area in the short term, which has held the price on multiple occasions over the past year. However, a break below it could result in a rapid drop towards the $30K demand zone.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
BTC/USDT 2HOUR UPDATE BY SANDERS !Hello, welcome to this BTC /USDT 4Hr 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 regular basis.
CHART ANALYSIS:-
Welcome to this quick BTC/USDT update by CRYPTOSANDERS
As per the above-mentioned chat, not a nice daily close for BTC it lost almost 10%.
It broke the upper trend line support, $38200 support, and the lower trend line support of a triangle pattern.
Now BTC is holding the $36500 mark which
This is another support level that btc needs to hold to be in a bullish mode.
If BTC is unable to sustain the current level then $35k is the major support level
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
#BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERS Hello, welcome to this BTC /USDT 4Hr 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 regular basis.
CHART ANALYSIS:-
BTC showed 7.5% curection which already liquidated 50x 100x.
Now in the current scenario btc needs to hold the lower trend line support in 4hr time frame for that we need to wait for a candle close inside the channel pattern.
If btc is unable to sustain the lower trend line support then 35k will be another support level.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
USDT DOMINANCE AND BTC COMPARISON!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as FINANCIAL ADVICE.
I always emphasize that time in the market beats timing the market, but I want to share an interesting approach that you can consider taking when timing the cryptocurrency market, especially when it comes to Bitcoin's overall direction.
Tether Dominance
- Just as Bitcoin dominance refers to Bitcoin's market cap relative to that of the entire market cap, Tether dominance is no different.
- It refers to how much capital is parked in stablecoins, specifically Tether, at any point in time.
- Since Tether (USDT) is a stable coin that tracks the USD, an increase in Tether dominance suggests a pullback or correction in cryptocurrencies.
- A simple way to understand it is to think of USD flowing in and out of the market.
- On the other hand, if Tether dominance drops, it means that more capital is being deployed to purchase cryptocurrencies, which is bullish overall for the market.
- If you look at the graph above, you'll clearly see the inverse correlation between Bitcoin (orange) and Tether dominance (black).
- Key support and resistance zones for Tether dominance are marked as well.
- As we're currently trading slightly above local support, marked in green, if we see Tether Dominance fall below those levels, we could expect Bitcoin to continue rallying upwards.
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
#BITCOIN break the resistance?Hello, welcome to this BTC /USDT 4Hr 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 regular basis.
CHART ANALYSIS:-
Hello, welcome to this BTC/USDT 4Hr 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 regular basis.
CHART ANALYSIS:-
As we mentioned in our previous chart that BTC will break and will gain some % that happened till now very well.
BTC also broke the $39000 level resistance and that resistance become now support.
In this scenario, BTC needs to retest the $39000 mark support level which will be more strong confirmation for a bull rally towards the $40800 mark.
In the upcoming hr, BTC will face again the resistance which is $40800 so for a bull run btc must break this resistance level.
Till then we should wait for the break to resistance which will be the signal to get in the market.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
BTC Daily Analysis! Bullish Triangletoday we are looking at BTC on the daily chart and we see a bullish triangle we ae currently breaking out of and we are trading still within this sideways box. We have a ton of open money sitting in multiple spots above and below the current price action. On the top and bottom sides of the bullish triangle we have money building up on both sides and we are currently breaking to the upside. My thoughts on this particular pattern is that it could quite possibly be a retail trader trap. We have lots of downside liquidity waiting to be taken out and what we could see here is a fakeout to the upside like we may be seeing right now before shooting down taking out bottom side liqudity before bouncing back to the upside and going for all of that liquidity. The reason why i favour this scenario is because it would cause max pain for retail traders and paper hand investors, another fast spike down would wipe out money and also strike massive fear into the eyes of investors. We have a red box drawn that shows a major level of resistance, we have the 236. FIB level we have the Pivot point and the R1 resistance, we do also have multiple EMA's in that zone aswell but i don't want to clutter the chart. On the upside we have a clear Imbalance shown by the green box that at some point will need to be filled. Finally a good target will be around 47.7K at the top of our box, we have been stuck within here and a break and close above that level will likely give us some major momentum to continue moving up! Not financial advice just my opinion!