BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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BTC may face rejection from 66800. 25MA is registered
And yes fell back and $61000 is its support level.
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Btcshort
BTC/USDT 4HOUR UPDATE. Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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Looking at the chart it seems that BTC can reach $67000 from here.
Strong Support for BTC Only $61000, BTC Halving Completed Just a Few Hours Ago
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BTC !! Adjust before HAVING zone 60,000⭐️ Smart investment, Strong finance
⭐️ CRYPTO INFORMATION:
Bitcoin's price has experienced a significant decline since April 9. However, the downward trend has become more pronounced in recent days due to three primary factors.
Firstly, the escalating confrontation between Iran and Israel has contributed to the market's unease. The former Mossad intelligence chief's statement suggesting a potential strike on Iran's nuclear facilities has heightened tensions and caused panic among investors. As a result, many are seeking refuge in traditional assets like gold and silver, further impacting Bitcoin's price.
Secondly, Federal Reserve Chair Jerome Powell's recent hawkish stance has added to the market uncertainty. In a Tuesday announcement, Powell expressed the Fed's continued lack of confidence in inflation levels. He indicated that interest rates may remain higher for an extended period. This unexpected reversal caught the market off guard, as it had been anticipating a rate cut in June. Now, there is doubt regarding the possibility of any rate cuts in the near future.
Lastly, the ongoing COVID-19 pandemic and its impact on global economies have also played a role in Bitcoin's price crash. As countries struggle to contain the virus and deal with its economic repercussions, investors are becoming increasingly cautious and seeking safer investment options.
These catalysts, combined with other market factors, have contributed to the current decline in Bitcoin's price.
⭐️ Personal comments NOVA:
BTC corrects around $60,000 before HAVING. Price range $50,000 - $52,000 is a good price range for the uptrend period to begin
⭐️ SET UP BTC PRICE:
🔥SELL BTC zone: $64.200 - $63.900 SL $64.700
TP1: $63.000
TP2: $61.500
TP3: $60.000
🔥 BUY BTC zone: $60.000 - $60.200 SL $59.400
TP1: $61.500
TP2: $62.200
TP3: $63.000
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
BTC Downside Part 2 of 2 Waves to back up theory $52-32K I don't trade Elliot waves but will help define where market's heading, up, down , sideways, duh-huh
Notice that on the 6hr, this chart the 50SMA crossing down again below the 200SMA, on the 5 day it's postured the other way more bullish
5 waves down, 3 corrective waves up, should be another 5 down if BTC caa'nt reclaim and hold $64.5K, top of the 3 waves, then the
Add post 1 with this post and, I found another wave set in previous run, check out my TView channel
Chefrusty
BTC/USDT 4HOUR UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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Looking at the chart it seems that BTC may bounce to $63000 from here.
BTC had broken the old support a few hours ago and has come back above it and closed but we cannot understand this strength.
The strong support for BTC is only $52000 and there is also BTC halving in the coming few hours.
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BTC/USDT 4 HOUR CHART UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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BTC can bounce to $ 68,100 from here and yes there is a resistance zone that has to be broken it will not be easy for BTC right now and BTC can break down from here.
This chart will be invalid if BTC closes above $69000.
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BTC/USDT 4HOUR CHART UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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If BTC bounces from the yellow horizontal line then we can see BTC back at an all-time high. If BTC breaks down the horizontal line then we can see BTC back near $53000.
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Bitcoin crash tunnel (80000 / 12750) |||| ●●●● Alert ●●●●Due to the closing of the Bollinger band between the two black lines, this part of the chart will no longer be scrolled. As a result, if the price enters point A from above, it will leave point B in less than a few minutes, and Bitcoin will crash 100% to 12750 in the next two to three days
BTC/USDT 4HOUR CHART UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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There is no change in BTC, everything is normal, there is just a resistance above $72700 if it is broken then BTC will go back to its new all-time high.
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BTC UPDATE !After a pullback to the descending trendline of the symmetrical triangle, we can either:
1. Expect a continuation of the uptrend:
Open a long position after breaking the $73,200 resistance level.
Target the $80,000 level.
2. Consider the possibility of a false breakout:
The bulls might be accumulating liquidity before a move down.
Enter a short position in the $69,240 zone (high-risk).
Target the first support level at $66,500.
Target the second support level at $63,800 if the ascending trendline breaks.
Important factors to consider:
Market sentiment and news
Volume and price action
Support and resistance levels
Overall market conditions
Disclaimer: This is not financial advice. Always do your own research and analysis before making any trading decisions.
BTC/USDT 4HOUR CHART UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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Looking at the 4-hour chart, it seems that 21 Ma will become a good support and Bitcoin can bounce from here.
If BTC breaks $66800 there could be a bounce back from near $65680 and if BTC breaks $65500 this chart will be invalidated.
If BTC breaks $70300 today we could see another new ATH
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BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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Analysis of the 4-hour chart reveals intensified selling pressure as Bitcoin attempted to reclaim the upper boundary of the sideways wedge, corresponding to the crucial 70K resistance.
This resulted in a significant bearish reversal, driving BTC’s price towards the lower trendline of the wedge, approximately at 64K, as anticipated in our last analysis.
Currently, Bitcoin sellers are striving to breach the lower boundary of the sideways wedge. However, if buyers regain control and the price finds support near this crucial level, a bullish rebound towards the 70K mark could ensue.
Conversely, if selling pressure persists and the price breaches the pattern’s lower boundary, an extension of the bearish retracement towards the 62K region becomes increasingly likely.
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BTC: sell in breakeven📊Analysis by AhmadArz:
🔍Entry: 68175
🛑Stop Loss: 69985
🎯Take Profit: 66677-64509-67698
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
BTC Playing Devils Advocate DOWNSIDE AND UPSIDE ANALYSIS (30m) DOWNSIDE AND UPSIDE ANALYSIS FOR BITCOIN
= Recent NEW all time high
- PULL BACK low
- FIB EXTENTIONS on the downside AND upside
- MY PERSONAL BIAS IS THAT BTC LIKELY CONTINUES MAKING NEW HIGHS
- DOWN SIDE TARGETS ARE STOP LOSS'S FOR LONG/BUY/CALL TRADES (longer term)
- UPSIDE TARGETS ARE FOR SHORT/SELL/PUT TRADES
CURRENTLY as of END OF MARCH 2024: btc is supporting off of a 50% pull back between the previous support block that preceded the new All Time High.
The story of how I caught goosebumps [BTC]I found an old post, very interesting author....
who made a post back at where 3 mountains are drawn with the caption "it so begins" and the numbers 45, 76, 8 9 10 11 12 13 if you turn it over and add. The first peak is 54, the second is 67, the third is (if you give these numbers 63, that is, 36), (if according to the alphabet 56 or 65) most likely, the distribution of bitcoin starts with 36,000 per bitcoin.
If you believe this, we are already at the end where the final is taking place. It looks true, but it's all conspiracy theory (I don't know whether to believe this). I simply did not know about this theory until an acquaintance told me that he had seen it somewhere. This was very much in line with my thoughts in this post ( attached ). I got goosebumps then. I will share with my subscribers about this incident (as I find it quite interesting). But you shouldn't believe this because no one knows how it will be.....
BTC/USDT4HOUR UPDATE. BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 1-day update.
BTC is currently moving within a symmetrical triangle pattern. Presently, it is consolidating below the trendline resistance. The Ichimoku cloud and the MA 100 are serving as support levels. A decisive breakout of the triangle would confirm bullish momentum, whereas a rejection would suggest further consolidation within the triangle pattern.
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BTC next movement. Needed correctionHey there!
My previous idea was deleted by moderators. There was a bearish pennant that broke up, so now I see two ways of release.
I am still expecting the 3rd wave of the ABC correctional wave, plus descending volumes and RSI moving at the top edge. And here the target I see is around $57,000, the previous support line.
But another scenario is also possible if we break the previous resistance line at around $73,600, and most likely we will see a breakout. If there is no confirmation on the volumes, we will move down.
What are your thoughts, guys?
BTC/USDT 4HOUR UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
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It was falling inside the descending channel. Nevertheless, the market has finally broken the higher boundary of the channel and is currently testing the 63K – 65K zone.
If the level is broken, a rise towards previous highs around 74K and beyond would be imminent. Meanwhile, if the price drops back inside the channel, things could worsen as it would signal a false breakout and a fall back to the 60K level in the short term.
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BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 1-day update.
Daily chart, the price is continuously rising after bouncing off the 40K btc level. However, the market recently retreated from the 75K resistance level
The 64K – 66K level is currently being tested, and if the market breaks out again, the bullish trend is likely to continue. However, further losses could lead to a drop to 60K or even lower.
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