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Btclong

BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) dropped below the 27,000 level in today’s session, pushing prices to a seven-week low. Following a high of 27,589.92 on Thursday, BTC/USD slipped to an intraday bottom at 26,166.87. As a result of this drop, bitcoin fell to its lowest level since March 17, when the price was below the 25,000 mark. Overall, this latest sell-off coincided with the 14-day relative strength index (RSI) breaking out of yesterday’s floor of 43.00. price strength is tracking at 35.07, which is its lowest point in over two months. Should momentum continue in this current trajectory, there is a possibility that BTC could move toward 25,000 this weekend. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
3
BTC unbeatable bullish chart patterns Hi dear community members and my loyal followers. I hope you are fine. I would like to bring your attention to this macro analysis with innumerable and beautiful bullish chart patterns. As you remember 6-8 months ago when BTC bottomed at 17.5K/a real bottom/ in June 2022 and 15.5K/spring/ in November 2022 with double bottom I publish a lot analyses and told you BTC bottomed and we are going to 28-30K. Back that time I published weekly Megaphone bullish chart pattern with 85K target/link below this analyis/, also I posted weekly falling wedge chart pattern with targets as well. Today I want to add 3 more chart patterns to those 2. BTC fromed daily bullish megaphone chart pattern, Inverse Head and shoulder chart pattern and reverse descending chart pattern. I'm bullish on BTC in 2023-2024 and expect min 48-52K in 2023 maybe 60-62K. BTW if you check all my previous analyses you we'll see how I nailed all major moves from 15.5K till now. If you ckeck my previous analyses you will understand besides these chart patterns what are other factors that make me think so and stay bullish. For short term as I posted in my previous analyses I don't expect BTC to drop below 25K, that is my worst case scenario, I even think BTC bottomed at 26.6K maybe could drop to 26K with wick taking out liquidity below 26.5K. I expect BTC to pump to 35-37K zone and fill weekly FVG. Below this analysis I will post targets for the above mentioned chart patterns. If you like my analyses don't forget to like, retweet, comment, follow me for further updates. I will appreciate any single like, comment and follow. Have a good day, I wish you good trades and huge profits.
BITSTAMP:BTCUSDLong
by ergal91
1
BTC/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin continued to consolidate on Wednesday as markets awaited the latest inflation report from the United States. After hitting a high of 27,824.39 on Tuesday, BTC/USD fell to a low of 27,375.60 earlier in today's session. Today's move pushed Bitcoin closer to the key 27,300 support point, although the price bounced back again. Overall, it appears that the previous decline was followed by a breakout in the Relative Strength Index (RSI). Price strength moved below a floor at 43.00 with the index tracking at 42.63 at Bitcoin is now trading at $27,430.96. I have tried to bring the best possible outcome to this chart. 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 BITCOIN /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- The number of jobs added to the U.S. economy came in higher than expected, in many’s eyes justifying the Federal Reserve’s decision to hike interest rates by 0.25%. As a result, BTC/USDT fell to an intraday low of 27,691.26 earlier in today’s session, following a peak of 29,119.38 the day prior. Overall, BTC has now fallen for a third straight session, with this latest drop sending prices to a one-week low. One of the catalysts for the decline was a breakout that took place on the relative strength index (RSI), which fell below a floor of 47.00. the index is tracking at 44.32, with a floor of 42.00 a potential target for bears. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
BTC upcoming targets for 2023. 36-37K? Hi dear community members and my loyal followers. Let me update my BTC ideas for coming weeks and months. As you see I'm looking at weekly timeframe. After breaking out weekly falling wedge/main diagonal trendline/ BTC reached 25K, then dumped to 19.5K as I posted in my early analyses and bounced back to the same level but this time it succeeded breaking out main horizontal resistance at 25-25.3K zone taking out BSL liquidity above it and reached the main and one of the strongest resistance 28.6-30.5K zone. At the moment we see that BTC rejected at 30.5K zone and droped to 28K. What is my expectations. If BTC loses 27.7-28K zone it will dump to 25-25.3K zone, sweep liquidity below 26.6-26.7K zone and at the same time it will test main horizontal support which is 5D GC upper band. /All charts attached below this analysis. But my highly probable scenario is- BTC will pump from 27.7-28K region to 31.5K filling FVG zone and taking out liquidity above 30K/equal highs/, reaching upper band of weekly GC which is 31.5K after that maybe BTC will dump to middle band of weekly GC or upper band of 5D GC liquidating late longs. It also will give room for alts to explode. I'm sure BTC will hold 25-25.3K. I expect BTC to hold 27.7-28K zone coz Market makers bought and are buying huge amount of BTC at that zone. As soon as BTC reached 31.5K I will update it will pump straight to 36-37K or it will dump to 25-25.3K zone, or it will move sideways letting altcoins to burst./ Based on Total 2 and Total 3 mini Altseason 2023 is going to start in coming days and weeks. In worst case BTC can dump to 25-25.3K zone before reaching 36-37K FVG zone my first target in coming weeks. People who expect lower prices like 18.5-19K even lower 8-12K, they will be destroyed. My minimum target for 2023 is 36-37K then 48K+/52-53K/ and my main target for 2023 is 72-74K.
BITSTAMP:BTCUSDLong
by ergal91
10
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin After finding support at the 50-day moving average of around the price started a steady increase, aiming to cross the $30K area for the second time. However, bitcoin failed to overcome this important resistance area, resulting in a slight decline. Nevertheless, BTC price is currently consolidating within a tight range of the 50-day moving average at $28K and $30K. A breakout beyond the $30K area would significantly impact market sentiment, as it is a key psychological resistance. Conversely, a drop below the 50-day moving average could result in volatility and consolidation in the lower price ranges. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
Long
by CryptoSanders9563
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) rebounded on Wednesday as all attention in the market turned to today's Federal Reserve rate decision. After a low of 27,935.73 on Tuesday, BTC/USD rose to a high of 28,881.30 earlier in the day. This came after Bitcoin rejected a breakout below its long-term floor at 27,600 to start the week. Overall, momentum is little changed, as the 10-day (red) moving average has moved closer to its 25-day (blue) counterpart. Should this crossover to the upside occur, it could be a sign that the bulls need to increase the pressure, potentially taking BTC above 30,000. For this to happen, the Relative Strength Index (RSI) must first cross the ceiling of the 52.00 mark. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you.
BITSTAMP:BTCUSD
by CryptoSanders9563
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) fell below 28,000 on Tuesday as markets prepared for the upcoming Federal Open Market Committee (FOMC) decision. BTC/USD slipped to a low of 27,680.79 earlier in today's session, which came less than 24 hours after trading as high as 28,626.28. Bitcoin tumbled to its recent low of around 27,600, hitting a six-day low in the process. The decline comes when the Relative Strength Index (RSI) broke below a floor of its own at 50.00. Tracking at 46.17, the next visible support point is at 43.00. Bitcoin has since moved back above 28,000 and is currently trading at 28,525.91. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you.
BITSTAMP:BTCUSD
by CryptoSanders9563
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) continued to trade lower on Monday, as markets consolidated ahead of a pivotal week of economic events. Following a high of 29,952.03 on Sunday, BTC/USD slipped to an intraday low of 28,360.50 earlier today. This move saw Bitcoin briefly fall below a critical support point at 28,500, hitting its lowest point since April 27. Overall, bitcoin remains nearly 4% higher than at the same point last week, when prices were close to the 27,000 mark. As a result of today’s sell-off, the relative strength index (RSI) has dropped to a floor of its own at 50.00. The index is now tracking at 50.09, with BTC rebounding from its earlier low, and currently trading at 28,591.66. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you.
BITSTAMP:BTCUSD
by CryptoSanders9563