Btcpriceprediction
BTCUSDT: IS IT REALLY TRYING HARD ??Hello !!
Welcome to the quick update of BTCUSDT. It is currently trading around $ 21400. With the last low of 17600, it bounced pretty well all the way until 21600 thereby hitting the immediate resistance.
As of now, it is trying to retest the 19k mark but failing to do so and regaining the 21k mark. As per the charts, it is evident that the price can take a dump if it breaks the triangle pattern.
BTC is at a decisive point that can impact the market both in a positive as well as negative manner. I suggest everyone wait for a confirmed breakout or breakdown before making any trade decisions and let BTC decide its way ahead.
Till then stay tuned and trade with caution with strict STOPLOSSES !!
This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits.
Please like and share and comment on this idea if you liked it.
BTC-USD Weekly TFSo far, #BTC price behaved as I expected and shared with you in my previous ideas here.
But what would be the next move?
As you can see, the main accumulation in the previous #bear market happened in the yellow box, from almost $6k to $13k, and after that there is no accumulation in other price levels.
So, we can expect the price testing that area if some bad financial news or war news come to the market.
The orange box is an important support for now and price can show a dead cat bounce to $25k area before dropping to lower levels.
Also, OBV shows money flowing out of the market which confirms the downside move.
Cheers!
Mr.Cryptotracker
Logical Prediction for The BTC Price First of all, BTC invalidated Descending Triangle Pattern & now it forms a Bullish Pennant Pattern ...
So now the price should move according to the Green Path but I think the price will dump let's say less than 28100$
as the RSI Lvl is so High & if it pumps a little bit then it'll form Hidden Bearish Divergence But if rather it dumps & follows the Red Path then it'll form a Very Strong Bullish Divergence which then will make a big move & also a sense to the End of Bear Market .
So, See the Market Carefully & Take your Trades according to it.
BTC TO $100K by JAN 2023 ?- How I see BTC playing out is it goes up reaches its all time high, breaks above and closes, retests the resistance which now becomes your support and then btc goes higher.
- I still own 0 BTC as the ROI is shite, I am fully invest in XRP, XLM, XDC, QNT, AGIX & CASPER.
- NOT FINANCIAL ADVICE!
BTC 400% MOVE INCOMING!- As you can see previously BTC consolidated for a while, before it broke out and went up by 450% if the same move occurs we will could see a $320,000 BITCIOIN!
- Short term we could see BTC touch back to $32,000 and then a massive rally to the upside, then when all the whales start to sell their BTC, A LOT of money will flow back into ALTCOINS!
- NOT FINANCIAL ADVICE!
What do you think about this pessimistic analysis?I'm trying to see some thing on the chart, I'm not an investor, I'm just a day trader and actually I don't care about the price, HOWEVER... I really love to see different scenarios to improve my analytical skills
so Id be so glad to know your thoughts
according to what I just said, its not ANY investing suggestion
A bit of hope for BTC bulls!Hey guys, how's everyone? I tried posting some charts for you guys a while back only to find out that they were "hidden" from you guys for "violating the house rules"
So I'm going to keep this one short as the chart is self explanatory.
What I did here was mark the BTC halving events on the chart and also the bull market top that followed! If you've noticed, each year the bull market cycles have lasted longer with diminishing returns.(this is an idea I've mentioned in many of my previous charts) This makes sense because as BTC's price increases, naturally more and more buying volume is required to further increase the price. That's why the logarithmic chart curves the way it does.
So with those ideas in mind you see the 2013 bull market top was about 364 days since the halving event where it started.
The 2017 bull market top was about 518 days since the halving event where it started. According to my math, this represents a 42.3% increase in time. (my math is on the chart for you to do yourself if you'd like)
If this continues, we could figure out what is 42% of 518(the number of days from 2017 halving until the top), which is 217.5 (according to my math) So if we add 217.5 days to 518 days we get a total of 735.5days.
So if this bull market which started in 2020 also sees an approximately 42% increase in length compared to the previous one (which was 518 days) then we could expect to see the top somewhere around 735 days from the last halving event.
On the chart you can see the last halving event was on May 11, 2020. 735 days after this event = MAY 16th, 2022
As I've written on the chart, I PERSONALLY DO NOT think this idea will play out, however it definitely IS something to keep in mind, especially if BTC just starts pumping out of nowhere really soon. I Personally think this market cycle double-topped and we are in a bear market now. I'd be looking to accumulate later this year (past August) or even in 2023 as the next halving event is not until March of 2024.
What do you guys think about this? Please LIKE, SHARE, and FOLLOW me if you like my analysis.
ANALYSIS BTCUSDWe have been currently in a down trend forming a series of lower higers and lower Lows ....but price is currently trading inside a channel for the past 3 months forming a bearish flag on a daily time frame...as price is testing the support line of the channel am expecting price to hold as smart money mio take out liquidity below the support Zone around 37k-36k and a bounce back to the channel.
$BTC Price Prediction April ForecastI believe $BTC could range anywhere from 37k to 40k by the end of April to early May. We could see Bitcoin retrace back down to between the 0.618 and 0.65 Fibonacci level, aka the golden pocket. Another potential area Bitcoin can come down to is the 0.786 fib channel level as $BTC has rejected the 0.5 fib channel and is now testing the 0.618 fib channel level. I am currently 65% bearish and 35% bullish for bitcoin this month, however, in regards to other altcoins and eth, we could see a rally in the larger cap alt market. I am still long-term bullish for BTC regardless of its upcoming price action in the upcoming months.
BTC/USD Wyckoff Cycle Analysis Pt.2 LONG!!!
In December 2021 I published a Wyckoff Chart that predicted the exact day of the market bottom (In the attached Link).
This chart is showing how the accumulation has played out. The current price action sits in Phase D at the BU/ LPS which typically precedes a more substantial price mark-up. This will execute after the price is finished compressing we should expect a breakout to the upside as long as structure holds at 44k.
Price Targets have been placed at the all time high 50% Fibonacci and the 61.8% Fibonacci levels which both have confluence with the triangle chart patterns shown.
Entry: 45.8K
TP1: 50k
TP2: 55.1K
SL: 44k
BTC re-test $45500 before a move to 52kWhat we are seeing right now is probably the best thing we could see for btc.
Healthy price action comes with corrections, as these corrections provide the nessecary support for the coin to continue higher.
And we can see this on the chart with our indicators/support zones.
1) We broke the local highs set for the past couple months. Great sign. Also a strong area of support now that its flipped from resistance.
2) The ema spread is wide and offering us support currently.
3) We also have an uptrending zone of support holding us up.
If we invalidate all three of the above this could likely be another fakeout, but in my opinion I think the likelihood of this happening is low.
This is not financial advice and always do your own research before entering the market.
BTC - Important update! Caution ahead.Hey guys. I hope everyone is doing well. I'm sorry, I'm going to keep this one rather short, but instead of just posting it to Twitter as a quick update, I wanted to post it for everyone on TradingView as well. I know It's the weekend and on the weekend BTC USUALLY goes sideways. I personally see a drop coming potentially back down to the 36.5K - 37.5K area before LIKELY going back up. We still may go sideways throughout the weekend and this drop could happen early next week. It could also happen this weekend, creating a CME gap and honestly that would be better than it dropping early next week. It may not even happen at all BUT PERSONALLY, I believe there's a better chance that it does happen AS OF NOW.
ALSO I'd like to note that WE CAN go just a bit higher before this plays out, say up to 43K
On the Hourly chart you can see BTC is overbought on the RSI and we see 2 wicks so far. Potential for 1 more wick and a drop is very much there. If the situation turns into a stronger looking bull flag, I will update this IDEA as soon as I can.
BTC is overbought even up to the 4HR timeframes and a pullback from here to the 0.5-0.382 levels on the chart I think is somewhat of a likely possibility. It would create a bullish "W" pattern that is usually seen during these times in the market right before BTC starts moving up higher.
See chart for details.
Once again, sorry for keeping this short BUT I WILL keep updating this IDEA as necessary and as I can of course. I hope everyone is doing well and if you guys have been watching my analysis's lately especially the BTC "WOLFE WAVES" analysis then you should be. Ill leave links below to other important analysis's that are still relevant to the current market situation.
*** as always this IS NOT financila advice. This is just an IDEA based off of my research and data. I always recommend doing your own research before investing in anything.***
PLEASE LIKE, SHARE, and COMMENT It helps me out a lot and encourages me to keep going. I'd love to hear your opinions on what you think of this analysis and your thoughts. I have an open mind and listen to everyone. You're all appreciated. Thank you.
I WILL UPDATE and fulfill this chart with more data later on. Ill be back then.
BTC - It's decision time.Hey guys how's everyone. Just a short analysis for BTC here as I do think BTC looks ready for a big move. This move can be BULLISH or BEARISH. The key he\re is not to jump the gun and have patience.
Notice the RSI bounced above 50 which is a BULLISH signal. There is still a lot of potential for it to drop under so watch closely.
I say this all the time but "A stop-loss order will save your portfolio." Minimize risk!
IMPORTANT!- Notice there is quite a big Inverse Head & Shoulders pattern which formed on the chart and I'm sure many people are talking about it or will be soon. Always wait for a H&S pattern to confirm. Wait until the right shoulder breaks above/below the neckline, USUALLY there's a retest of the neckline before moving towards the price target. Best time to buy is on the bounce AFTER the retest. (NOTE: The retest CAN FAIL and usually leads to a big move in the other direction.
MACD is at an important area . There's a good chance for a bigger move soon. (DONT FORGET: This is a DAILY timeframe chart so when I say "soon" I mean within the next week. The path lines on the chart take place over a period of 1-2 months)
NOTE: USUALLY the price of BTC drops a little bit about a week before CME futures contracts expire (The last Friday of the month). STATISTICALLY, BTC USUALLY DROPS around that time each month. This month, the last Friday is the 25th, which is like 8 days away.
The rest of the chart is pretty simple and straight forward. The GREEN, ORANGE, and RED lines represent the different potential paths BTC could take over the next month or two IMO.
Thanks guys. Please LIKE, SHARE, and FOLLOW. I appreciate it a lot. Will post updates along with this as usual.
Ill leave the link to a recent BTC chart I published which I think BTC is following well.
*** As always this is not financial advice. This is an IDEA based off of MY research and experience. I always encourage anyone to do very thorough research before Investing or trading anything.***
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