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Btcpriceprediction

TheKing Lack of PowerOk i will be quick on this analysis and speak only about facts. - it seems that BTC new demand area was around 30,000$, everyone was waiting for 28k again but markets like to trick peoples :D - so we found support around 33,000$ ( BTC Bounced on last VPVR Demands from June-July 2021 acted as support ). - So for now TheKing made again one more HH and HL and we have to Keep that in mind. - Despites many peoples think we are in " Bearmarket ", i am not convinced yet about it. - Now we are still in a kind of doubtful zone, some Bears scare to short, some bulls scare to buy. - i used 3 Days timeframe because we can check easily the size of the candles, for now, it's like we are coming back to October-December 2020. ( Yellow Rectangles ) - We need need to see more big candles to confirm a strong reversal movement. ( same as green rectangles ) - TheKing have to break is downtrend (Orange Trend line) - So what i can say for now is, " there's no momentums in indecision ". - For now first TP is 55,000$ ( lack of demand after that. have to recheck in time ) - if we fail and dip again, demand Zone is 30,000$. Stay Safe and feel free to comment with logical facts and usefully ideas. Happy Tr4Ding !
Long
by thecryer
1
BTC - 7 Day forecast - What to expect?Hey everyone. I've been wanting to make another GOOD chart for you guys for a while now. Lately I've been so busy working and just too tired to go all out and publish charts as frequently as I would like. I've been trying to at least post quick market updates and important levels to watch via Twitter to hold you over. Anyways, hopefully everyone is well and getting one step ahead of the market! IT'S VERY HARD to do. I get so upset sometimes seeing people on YouTube posting elementary level analysis and they have thousands of gullible followers getting liquidated over and over. I get it, if they're that gullible and want to watch YouTube videos thinking they've found the key to financial freedom well then lets just say they have A HARD LESSON to learn up ahead. I always advise anyone and everyone to learn about cryptocurrency. Yes it takes quite a while to just TRULY UNDERSTAND it and compare it to todays financial systems but it's worth every single second. In other charts I've mentioned that understanding the fundamentals will really give you an edge in the markets especially in times when a reversal may be likely coming. In those rare moments, the fundamentals out-weigh the technical analysis. Those are the moments where the technical analysis looks very bearish and may be showing further downside potential BUT bulls step in and say "enough is enough!" "I personally value this coin (BTC, ETH, ADA, DOGE, SHIB, ect...) more than its current price." YOU NEED to completely understand the technology and potential it has in order to put a price tag on it. What is it worth to you? Without looking at a chart at all, WHAT are you willing to pay for a certain crypto/stock/gold/house? I encourage anyone and everyone to dive in. You'll just end up going deeper and deeper down the rabbit hole exploring and learning. PERSONALLY, I ENJOY IT! I also have a strong passion for helping people. I honestly am seeking a job in the cryptocurrency field. Whether it's as a journalist writing articles, a crypto market analyst, or even helping companies by creating a system for their business to accept cryptocurrency as a payment, I LOVE EVERY BIT OF IT! Mark Twain said "Find a job you enjoy doing, and you will never have to work a day in your life". I find this quote to be very true. Well, that's enough for the long introduction. Lets go over the chart below. As you can see, bulls have been struggling to get above this resistance area (the 0.5-0.618 fibonacci retracement level from the 43.5K drop) Take note of the RSI and the fact that It's not yet in the "overbought" area. This suggests that bulls CAN still push above the resistance before a pull back. Personally, I don't think that is the most likely scenario though, although it remains in the cards as a POSSIBILITY. To the left you'll see a "fibonacci key" which basically shows you how I identified BTC's current support levels. If BTC does pull back, we would look for support at these levels. The higher the better! Most recently, BTC bounced off of the 0.618 level where the potential "left shoulder" is marked. This is generally a good thing. ( the 0.786 is the best level {not shown}, the 0.5 is OK, and the 0.382 is basically the last support for an upside continuation). Looking at these levels, we can see that BTC has plenty of room to pull back while still being able to continue the overall upwards move. The yellow line is an idea I think could play out and It would likely give bulls the strength needed to get above the resistance area, and hopefully turn it into support. If this Idea does start playing out, It would potentially create a "head" to go along with the "left shoulder". After that, the potential Inverse H&S will become more obvious to a lot of traders and I'd say there's a better chance of it playing out completely at that point. It's very common to see an inverse head and shoulders pattern near a bottom/trend-reversal area and that is why I'm looking for one as I think in one way or another, it's very likely. If BTC does manage to create a VALID Inverse H&S pattern, I think it would very likely get us above the resistance! This is the path I prefer If BTC does pull back and somewhere along the way drops below the 0.5 fibonacci support level, then bulls will be in a bit of trouble. A quick-wick down is ok but any type of lasting move downwards below the 0.5 support level would be a sign of weakness. There is still the 0.382 support level technically but usually if BTC bounces off the 0.382, it's very short-lived and gets back above the 0.5 rather quickly. the 0.382 is good for a quick wick but not for long lasting support. The red line shows a situation like this playing out where BTC drops below the 0.5, tries to bounce back above it once or twice but overall bulls would be very weak here and this would suggest that BTC will head down to the previous low near 33K to retest the area! If bulls do manage to bounce at the same level as the previous low, it would create a double bottom. A double bottom is a very good pattern to trade and usually signals at least a temporary bottom for a relief rally, OR POTENTIALLY a macro bottom where bulls take over and a macro trend reversal takes place. That situation would likely lead to new all-time-highs or at least a test of the previous all-time-high. To confirm a major trend reversal, first BTC must break above the resistance area and create a "higher-high". Then when BTC pulls back we need to see the previous resistance turned into new support. This would create a "higher-low" to go along with the "higher-high", confirming at least a temporary trend reversal. This chart shows what I BELIEVE is the more likely set of scenarios that could likely end up playing out over time. (the next week or two) There ARE OTHER possibilities though that you should be aware of. Instead of an inverse head & shoulders bottom, We could see a "bump-and-run" type situation play out. This would be my 2nd pick for the most likely situation to play out. A bump-and-run would likely require BTC to make a lower-low, probably even below 30K! A bump-and-run starts with a very sharp drop followed by a big bounce. The bottom does not get retested and there are no major pullbacks but instead, price climbs up higher and higher, eventually passing the area of the original drop. If you'd like to see an example, look at the "COVID dump" from March 2020 to middle of MAY 2020. In previous BTC charts I've published, (I'll leave links to them below) you can see that I've been showing the possibility for BTC to drop down to the 20K area. AS OF RIGHT NOW, I don't believe those situations are as likely HOWEVER I CAN NOT rule them out completely. I feel that this is a good area for at least a temporary bottom as BTC hit the downside targets shown in my "wolf waves" analysis. (link below) I've also had my eyes set on the 34.5K area for months now as my loyal followers know. I APPRECIATE ALL OF YOU GUYS! A major news story can absolutely turn the tides either way. An extremely bullish news story could potentially blast BTC back up to 60K in a matter of days! The opposite is also true where an extremely negative news story could cause BTC to drop to 20K or even below 20K in a matter of days! THIS IS WHY STOP-LOSS ORDERS ARE EXTREMELY IMPORTANT. I can never say that enough... STOP LOSS ORDERS ARE EXTREMELY IMPORTANT! Well, that'll be it for this analysis. I hope you guys like it or at least find it interesting. I do it for you guys, and everyone/anyone who's willing to look and read a bit. It's what I enjoy doing and I honestly have put in countless hours, days, months of research to learn many of the things I share with you guys. Honestly, I wish I had more free time to make even more but eventually we'll get there! If you enjoyed this PLEASE LIKE, FOLLOW, and SHARE. I want to help more people if I can so sharing is VERY APPRECIATED. I really do appreciate everything including COMMENTS. Please feel free to COMMENT. Sometimes I may not be able to respond right away but I always do update my charts (especially in relevant situations where the market can potentially shift) so be sure to check for updates I've posted ***THIS IS NOT FINANCIAL ADVICE! This is an just an idea and speculation based off of my experience researching cryptocurrencies. I Always recommend doing your own research before trading or investing in anything.***
BITSTAMP:BTCUSD
by Mboersma0324
Sell the NewsHi everyone, as I mentioned before I am still waiting for BTC to drop. You can check my previous post for why. Today there is a big news with IRS and tax purposes. Sometimes we forget the simple rules of trading before all the indicators and other tools. We all know what happens after big news and history has a clear prove for that. I currently don't day trade Crypto but I am still waiting to buy at the deepest point for a good long position. I would appreciate if you can give me some ideas if I am wrong. Have a good trading:))
Short
by itznimaaa
4
btc try some risky long Situation is not very clear but still im in favour of long now I see some significant inflows to exchnages so someone will be selling good chunk of BTC now around 6000BTC its still less as 2 days ago outflow at 24000 so I expect some down move to 40770 which is support and last fib uptrend line from recent uptrend if you really want as last chance we can try 39650 few days ago there was strong bounce from this level and it was also spetember low after which we had mega nice bull run so 2 entries 40700 39650 SL 500usd TP at 43900 when reach 43900 close half trade and rest trailing with 2000usd SL its always good to react and update based on situation
Long
by dzoniijcrypto
BITCOIN(BTC) 4H NEAR FUTIRE PREDICTIONSTechnical Analysis Summary ETH/USDT TREND ANALYSIS We have Downtrend in red color (Long Term) We have 1 Uptrend in green color (Internal Uptrend currently testing to break) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). The Yellow SUPPORT and RESISTANCE Levels are levels already tested and are not an entry level I added it only for explanation purposes to show my strategy. Sorry I did not post lately since I had covid Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment If you find this content beneficial please don't forget to LIKE and FOLLOW Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
BINANCE:BTCUSD.P
by husseindergham
Bitcoin Breakout BUT STAY CAUTIOUS BEFORE BTC ATH!Bitcoin: - Supported from Weekly, Daily & 4 hourly Symmetrical Triangle's Support. Now, getting resistance from $49700 is daily wedge resistance. S/R levels are marked on the chart from where the price can get the rejection. I'll look at $49700, $53000, and $60000 personally as strong levels. Divergence: Bullish Divergences (Higher highs in RSI while Lower Lows in price action) in a majority of the timeframe with a "yet" unconfirmed long-hidden bullish divergence (Higher low in price action and lower low in RSI) in Daily. Well, RSI is breaking out from its trend. Unless we break $50000 and close a daily above $53000, BTC is still in the bearish trend. A rejection from $49700 can take it to again testing $44000 levels. Also, we still haven't seen a retest confirmation of the 4h hourly wedge breakout. It's pending. + Volume is more adequate. So, stay cautious. Thanks. Muneeb
by syedmuneebali
Bitcoin local 4H scenarioBINANCE:BTCPERP According to news what we have got today from FED possible to see positive scenario in global trend and continuation this bull run till summer 2022. In local picture we formed 3rd bottom on 4H MACD usually its a sign for recover. If we are break out 49530 downtrend line and middle line downtrend channel since November we should retest once again 52400. Only after retest break out 52400 we can talk about global continuation for crypto at all. My scenario since post 10December IDEA still in play. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. Don't forget sub and join my channels under this idea!
by Crypto4light
BTC - MIND THE GAP! Hey everyone. Hope everyone is doing well. THERE REALLY JUST ISN'T ENOUGH HOURS IN THE DAY ANYMORE! I've been busy in one way or another lately and am just now getting an opportunity to get to some other hobbies of mine. SO THE MARKET TOOK A DUMP on some "NEWS" as usual however BTC is still holding above some key levels! In the chart here you can see the BLUE SUPPORT AREA. I personally DO NOT think BTC will break below this area however I would flip very BEARISH if BTC closes a 4HR candle below this support area. I consider this area BTC's LAST LINE OF DEFENSE! A $100,000 BTC by years end IS NOT looking likely anymore although AN EXTENDED BULL MARKET CYCLE is still playing out! Too many people were focused on what BTC's price would be "BY THE END OF THE YEAR" when it should've been "BY THE END OF THE BULL MARKET" The RED RESISTANCE area represents the 0.5 to 0.618 FIB RETRACEMENT area. THIS AREA IS VERY IMPORTANT and a couple things could happen here. It's important to watch for a swift rejection and a BULL TRAP here in this area. (not likely IMO) If BTC can break above this resistance area then BTC will be in a great position to continue upwards towards those 80K-100K targets! I STILL BELIEVE THE BIGGEST BLAST has yet to come for this market cycle and I believe It'll happen when BTC breaks above 70K! If you zoom out to the weekly chart you can see BTC making an ascending triangle and if BTC breaks above 70K, it will break out of that triangle... THIS CHART IS CALLED "MIND THE GAP" because BTC has yet again created a CME gap which is shown on the chart in the ORANGE area (54,450 - 56,280). This isn't necessarily a bad thing, It's just data. STATISTICALLY, around 80% of CME gaps end up closing. To close this CME gap, BTC would need to drop to around $54,450. MAYBE IT WILL or MAYBE IT WON'T. It's just something to keep in mind as the week progresses! I drew a bullish scenario on the chart where BTC closes the CME gap while making a double bottom before ultimately heading higher and breaking above the major resistance! I do think we're at a local bottom as there is some strong looking bullish divergence on the RSI! This may be enough to get us up to the major resistance area in RED. BTC could reject off this area and head back down to test the SUPPORT again (which would also fill the CME gap) and BTC could be stuck in this range HOWEVER I DON'T THINK we will be in this "UNDECIDED" range very long! BTC will soon make a decision and it will be determined by whether the SUPPORT or RESISTANCE gets broken! My personal belief is that BTC will break above the resistance area. I knew there was a good possibility of a drop into the 50K area and that such a drop WOULD STILL BE BULLISH on a macro scale. BTC and the market as a whole was pumping too hard and needed to cool off. I'll leave a link to that chart below (I THINK THE LINK ONLY SHOWS FOR PC USERS?... NEED CONFIRMATION) The chart is titled "BTC - JUST HOW BULLISH ARE WE?" Well that's it for this chart. I'm hoping to have some more coming soon. I have been quite busy lately but hopefully can find more time as I would like to make more charts because I enjoy it. If you like this idea please LIKE, FOLLOW, SHARE, and feel free to COMMENT... *** This IS NOT financial advice. This is just an IDEA based off of my experience. Always do your own research before investing or trading cryptocurrencies***
CME:BTC1!
by Mboersma0324
2
BITCOIN(BTC) 4H NEAR FUTIRE PREDICTIONSTechnical Analysis Summary BTC/USDT TREND ANALYSIS We have 2 Downward trend in red color We have 1 daily Uptrend in green The wider the trend the stronger the trend Be careful trends need to be modified when broken FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
BINANCE:BTCUSD.P
by husseindergham