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Btcshprt

Bitcoin trend in my opinionAccording to the Fibonacci channel that I drew I think Bitcoin has two scenarios ahead : 1- Continuing the upward trend and reaching the range of 86500$ ~ 88000$ and from that price level of the big dump to the range of $42,000 2- Continue the upward trend and reach the range of $86,500 ~ $88,000 and from that price level dump to the range of $64,000 , then the price will fluctuate for several months in the range of $64,000 to $93,000 and from the level of 93K months we will have a bearish market until When it reaches around $38,000 Be nice ... Can't believe we have to spell this out, but yes, please treat others how you'd like to be treated yourself. Be respectful, kind, tolerant, and constructive, even when you disagree. There's no room for negativity, swearing, trolling, or conflict here: it's a waste of time and the hallmark of an idiot. Good Luck
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by sinatbn
2
Bitcoin Price Analysis for MayHello, welcome to this BITCOIN update by CRYPTO SANDERS. CHART ANALYSIS:- Current Market Status At the halfway point of May, bitcoin has fallen to a two-month low, as market sentiment shifted bearish, following April’s strong gains. With several key data points all being released in a short window, it was somewhat expected that price uncertainty would be present. The Fed increased interest rates by 25 basis points, days after non-farm payrolls rose to 253,000, versus expectations of 180,000. Since then, inflation fell to 4.9% in April, with many still uncertain as to what the Federal Reserve will do during June’s meeting. May Outlook Bitcoin (BTC) fell to a low of 25,810 last Friday, which came after a breakout occurred at a key price floor of 26,500. This move saw the world’s largest cryptocurrency plunge to its weakest point since March 17, when the price was below $25,000. Since then, BTC has somewhat rebounded, climbing to a peak of 27,527.51 earlier in today’s session. From the chart, one of the catalysts for this move was the 14-day relative strength index (RSI), which rose above a ceiling of 42.00. The index is now tracking at 44.66, with Bitcoin reentering its own support point at 27,500, with bulls seemingly targeting 28,000 in the near term. A big test will be what happens when the RSI reaches a ceiling at 48.00, should it move beyond this, not only will BTC be above 28,000, but, there is a good chance that it could hit 30,000 before the month’s end. 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 6HOUR UPDATEHello, welcome to this BTC /USDT 4hr chart update by CRYPTOSANDERS. I have tried my best to bring the best possible outcome to this chart. Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis. CHART ANALYSIS : 4-Hour Chart Since mid-June, the price has been lodged in a constant range between the $25K level and $18K. During this period, $20.5K turned into a significant resistance which has repeatedly rejected the price. However, there is clear inefficiency between the $20.9K and the $22K levels. The market would typically use these inefficiencies to form its next big move. Hence, the most likely scenario for Bitcoin in the upcoming days seems to be using this imbalance and then developing another bearish move toward the $18K level. If the support fails to hold, the $16K level will be a possible scenario on the table for the cryptocurrency. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
3