According to Bitcoin analysis,it can have a target of 75k to 85kMy opinion as an analyst is that currently Bitcoin will fall to around thirty-three thousand dollars and will get energy, then in the first part it will have a growth up to around fifty to fifty-five thousand dollars, and again because it can not cross that point. The fall will be around the price of forty-five dollars and then at that point, with the formation of an inverted head and shoulder, it will move strongly towards the second target and break the first target, the second target can be around seventy-five thousand and above around eighty And five thousand dollars.
This is my opinion and it can be wrong. Please do not buy or sell on this analysis.
Btcforecast
Bearish Bat on 4H chart of BTCWe have a bearish bat pattern and this is a worrying factor, Invalidation of this pattern will be $47,348. If you look at geopolitical issues, They seem to be escalating rather de-escalating so this can certainly effect the global financial markets. We do have news that in Russia people are buying BTC by paying premium of over $20k which is a bullish factor whereas recent remarks of FED chair Powell regarding crypto were not good plus he's inclined to impose 0.25% interest rate hike in March so these factors can have a negative impact on crypto. We are bullish on BTC at invalidation point of bat
BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BTC /USDT 4hour analysis in the chart
I have tried my best to bring the best possible outcome in this chart.
As our btc last update got invalid,
According to current scenario if btc holds $38800 to $39800 range then we hope for a bounce from this range.
If Btc brakes $38800 support and touches the $38200 marke then this chart will be invalidate.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
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BTC testing Pitch fork support on DailyBTC / USD (Interval 1D)
BTC was unable to break crucial resistance of $45.8k and now its breaking down towards $39.7k support which is also a pitchfork support, Technically it should rebound from here towards $44k but if unable to hold then we can see price action towards $36k-$37k which is pitchfork support. Stochastic on daily is giving sell signal whereas on 4H its in over-sold territory so we can possibly see a relief rally due to stochastic towards $42k before going further down. We have weekend coming so bears are saying what anonymous says "Expect us" :)
Bitcoin fundamental thesis. can go parabolic! In the Russia-Ukraine war Bitcoin proved its use case!
it is fast and cheap to send anywhere in the world and helps you in time of crisis and desperate situations like war or extreme inflation.
I wrote you in this article that russian oligarchs are buying it too:
The Ukrainian government have raised $54.7 million in cryptoasset donations since the start of the Russian invasion.
$5.8 million donation by Polkadot founder Gavin Wood and a CryptoPunk NFT worth over $200,000.
My price target for Bitcoin by the end of the year is 100K.
Looking forward to read your opinion about it.
BTC/USDT 1HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BTC/USDT 1hour analysis in the chart
I have tried my best to bring the best possible outcome in this chart.
Hello friends welcome to bitcoin update as i am watching bitcoin 1hour if btc bounces from above trend line then we can turn btc bullish but break down train line and btc we can consider bearish which is a power up to $41900k.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSWelcome to this quick BTC/USDT 1day analysis in the chart
I have tried my best to bring the best possible outcome in this chart.
Hello folks,
BTC is likely to retest the $42k level and continue its uptrend till 52k. Looks like there's a power for $42k retest from here
When that happens, we'll measure that in the next chart.
I was Bullish at $36800K, I was Bullish at $40500K, BTC is taking Bullish movement from here
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.
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Will Bitcoin Rise?: Mexico is Going to Accept Bitcoin.Bitcoin is losing its value one more time. Today bitcoin lost its value more than 5% than yesterday, and it has been dropping eight days in a row.
I have said many times that cryptos are not safe-haven at all and won't the safe-haven assets in the future for many reasons. However, BTC mainly follows the USD when a crisis exists.
The total capitalization of the crypto market, according to CoinMarketCap, decreased by 10% over the day, to $1.40 trillion. That isn't good, but there is good news comes also. Mexico is Going to Accept Bitcoin. So, it may find some support from this news.
At the moment, we see that cryptocurrencies are selling stronger than developed world stocks (although not as extreme as Russian ones), confirming the risky nature of these assets and how they are not a replacement for gold.
Now another country besides El Salvador may accept bitcoin as a means of payment. Senator Indira Kempis is developing a bill on cryptocurrencies and intends to convince the Mexican government to follow the "Salvadorian scenario" by recognizing BTC as a means of payment.
So, We have some good reason to invest in BTC, and it may pull back to the upside by this news.
BTC is currently testing its minor trendline support zone of $34500. And BTC s strong support is at $30000.
So, as long as BTC is above $30000, there is hope that BTC has chances to go upside again.
BTC Buy ZOne: 34500/32000 ( Trendline Support Zone)
Stop-loss should be below $30000 ( Strong Support Zone and BTC prices retraced many times from the support zone)
!st target to the upside is $45000.
So, keep watching and always connect with me by liking, commenting, and sharing.
Bitcoin is waiting to break its critical resistance zone. Bitcoin is hovering near its strong resistance level of the $45800 price zone. Several times BTC dropped from this resistance level. So, breaking above the $45800 price zone, BTC may increase. I am still bullish in BTC and waiting to break above the resistance zone.
Breaking above $45800, I will go for more buy. 1st target is $52000, the next target is $59800, and the final target to the upside is the $71900 price zone with the stop loss below the trendline support level.
BTC Descending Broadening Wedge BULLISHBTC is making a descending broadening wedge, We might see some retracement within the wedge if $39.5k level is not reclaimed. Technical target of the wedge is $51.2k. We do have a :bat: pattern in play on a daily chart and TP3 of that pattern is $42k plus on 12H chart MACD has turned bullish so its suffice to say that all of these indicators are in confluence with current analysis.
Target (1) $47,000 Target (2) $57,000 I'm already actively trading this. The dollar is going to go down (for obvious reasons IMO and people will be scrambling for a places to put their money. Gold and silver look like they are going to trade sideways for a bit so that plus the T.A tells me to expect a massive rip to the upside possibly to create a second shoulder...
I chose the weekly but the daily looks bullish as well.
Good luck everyone sending you all love and light.
Bullish Bat Pattern on a Daily ChartBTC is making a bullish pattern on a daily chart. Everything is self-explanatory so if this plays out then we will reclaim $40k level in coming days, Invalidation of this pattern will be $34k level. We do have geopolitical issues going on which has a negative impact across all financial markets except USD, GOLD and OIL. Only short-term bullish factor I see for now is this pattern and CME gap at $40k.
Bitcoin forecast - BTC price is preparing to increase by $42,000Hello colleagues! Unfortunately, they could not fully work in the previous days due to the war in our country. We continue to share quality information with you a nd look forward to your support!
On February 23-24, the cryptocurrency market resisted. Bitcoin trading volumes have increased. On or about January 22-24, sellers attacked the $34,000 range . However, this initiative was suppressed.
An important fact is that the sellers failed to update the local low from January 24 in the increased volumes of bidding. Given the fact of negative news, the Bitcoin market has survived. This means that buyers are ready to form a new wave of growth with the first goal of $42,000 .
Another local confirmation of this fact will be the retest of the $36,000 mark. If in the coming days we see a light touch of sellers to the range of $36,000 it will be a good signal to enter the long position.
If the first growth target is $42,000, the final one is around $46,000.
We will consider an alternative scenario if the price of Bitcoin remains below $34,000.
#BTC/USDT WEEKLY UPDATE BY CRYPTOSANDERSWelcome to this quick BTC/USDT WEEKLY analysis in the chart
I have tried my best to bring the best possible outcome in this chart.
Hello folks,
Welcome to our Btc/Usdt weekly update, as we can see a rising wedge pattern create that from 15th March 2021 to 10th May 2021 btc was in an uptrend and from 10th May 2021 to 12th July 2021 was in downtrend.
After that Btc bounced on 19th July and moved up till 8th November 2021.
After that, we saw some correction in the market and a downtrend till 17th January 2022. After the 17th Jan market is still in a sideways move.
According to the current scenario, I think Btc will move in a sideways trend till 21st March 2022.
After that, we can see bullish movement which can continue till 11th July 2022 according to this chart and also can claim the new ATH.
As we all know that in 2024 btc halving is going to happen. so we can assume that the market will bounce on the 3rd week of March and we can see a good rally.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
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thank you.
Bitcoin (BTCUSDT) Short Postition Bitcoin is showing weakness on the specified resistance, which can activate the short position from this area.
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 21.Feb.22
⚠️(DYOR)
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BTC Must Be CAREFUL!!Taking a look at our BTC 4HR chart we have been talking about this for quite some time now but we are once again struggling with the 0.786 FIB level where a fall could most definitely be triggered. The pivot points show very clearly what i am taking about, after our 4HR recently the main pivot level has moved to right below where we currently sit, if tomorrow we see another bearish close and underneath the pivot we could trigger a decent selloff, my likely target for this would be around 35K as the first one, a slip below there would have to be for a future TA. Now the bollinger bands are beginning to squeeze down on price action, the longer we see this go on for the much more explosive the move will be, the bands don't give an idea of which direction but my next point ties together with the pivot points. If we did see a bearish close for example tomorrow, if it was below the pivot point or a little above that would leave price action directly ontop of the bottom band, now this aswell can trigger a fast move to the downside. Now the RSI has bounced off support at 41.87 since falling back below the midline, we are on our way back down for a likely retest and will have to see how this support holds up going into tomorrow. We will definitely have some work to do before regaining the very important midline, getting back and above has to be the goal especially on the daily RSI, this represents confirmed downtrend (below) and confirmed uptrend (above) a lot also hangs in the hands of the economy and geopolitical conflict so it will be very unpredictable. Not financial advice just my opinion!
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSWelcome to this quick BTC /USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello folks, Welcome to BTC/USD 12hr update as we can see here that BTC is creating a double bottom pattern and BTC can bounce from here and move towards the red zone which is $44000 to $45800 it's also a resistance which if BTC breaks then it can go all the way to $51000 TO $53500 level. If BTC breaks the $53500 level then we can say that we are in a bull trend.
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 CRYPTOSANDERSWelcome to this quick BTC /USDT analysis.
I have tried my best to bring the best possible outcome in this chart
Hello mate
btc update welcome to you as we know today btc has created a falling wedge pattern which is getting pumped back by retest we can long btc from here and put stop loss
Thanks for connecting with us stay tuned like comment and share to get the latest updates
Sorry for my English it is not my native language.
thank you.
BTC/USDT 1HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick BTC /USDT analysis.
I have tried my best to bring the best possible outcome in this chart
Hello mate
btc update welcome to you as we know today btc has created a falling wedge pattern which is getting pumped back by retest we can long btc from here and put stop loss
btc long entry:-CMP and $38800,$39600
btc target:-$40162,$40970,$41818,$42900
btc stop loss:-$38150
with leverage 5x to 10x
Thanks for connecting with us stay tuned like comment and share to get the latest updates
Sorry for my English it is not my native language.
thank you.