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Btctrend

Bitcoin Buyers initiating Bull battalions to Hold $26k to $30k?The Bitcoin Price dump was a shock to some, the experience foretells a nightmare many are still trying to wake up from. We did warn of this dump as anticipated in this post here I do see this BTC price fall as an opportunity to invest in BTC at a cheaper price if you missed buying below $20k. The big question now is, Is the Big Dump over? Answer: NO! Is the current price range $26500 to $30k bitcoin trading at a good price to buy some BTC? OR are there high chances there could be more threat from the bear's battalion army to still push to the 20k range? Answer: The chances of the weekly and monthly sellers reacting to the 28k broken support are high as they did hold it twice in the past but broken support also tells a story of weakness from the bulls which only means that even if they manage to survive it and bounce above 40k we will face a bigger rejection before somewhere from around 50k to 64k range(too much resistance around lays within the price range) but before we start judging a book by its coverlets look deeper into the charts and FIND OUT TOGETHER! Short Term Look at BTC BULL/BEAR Battleground. From the 4hrs chart Bitcoin Chart, We see a mini short term Head and Shoulders Forming that could force a push back to target the head height of the H & S in the image below The Image shows quick possible sellers shorting BTC back to 26800 one more time. The sell-off could stop at that 26800 or 26200 but if it proceeds to go further below it can only mean that bears the force of the weekly and monthly chart are still in action and they seek blooooooooood so they wannnnnt 20k to 18k( but wait, Whaatt? don't worry we will talk more about this) I see this mini bearish pattern forming on 4hrs could be a threat to rush hour buyers who were impatient and already jumped in buying the dip? Well, By BTC Breaking the neckline currently forming at 28600 only assures sellers of the H & S playing out. NOTE that H & S succeed 75% of the time meaning failure of this pattern is possible by 25% so what could the failure look like? so if the sellers fail to break the H & S neckline then this will only force buyers to retaliate a sharp shoot to $34k But could that be a bigger rejection or the beginning of a recovery phase? Why the bulls will retaliate? if the 28600 to 26800 fails to break( strong support twice saving the buyers to recover from the dump in the past from the image below) This failure will cause a forceful change of direction and the bulls could continue the move to head to 34k The above chart (1Daily BTC Chart), shows a total possible outcome. Looking into the battlefield on BTC daily chart, it shows the bulls could be hiding at the current support. I say this because there is a big consolidation ongoing on the daily chart and from my experience, consolidations don't break easily meaning that invisible forces always pull price back into the consolidation and consolidations also refer to equilibrium between sellers and buyers on the daily chart. Because of this force, I do see Bitcoin Buyers initiating battalions of the bull army to hold down the current support, they will create a mini sideways on a lower timeframe by allowing the sellers to force a retest of the current support(expect more leg down to form a higher low on the 4hrs chart around 26800 range. This will Begin the bulls journey to $52k These are the important prices that will determine BTC price next direction after this current mini price pause For more selloff to continue price needs to go below 26k FOr more Buy power recovery to begin price must hold above 26600 Buyers Targets: Entry FOr Possible long 28200 and 26800 Stoploss at 26120 Think about the image below, This is Bitcoin Gorilla BTC Prediction overview till 2025 after BTC halving
by MachiavelliTrader
BTC Bounce Or die .. here we have two possible scenario , i don't want to change your opinion but you have to know that when and where to buy ... i want to use this off ! we have strong support here in this zone ( 28 k - 30 k ) so we have to hold it and if its the case , we will see new cycle (new bullish cycle) . but if this support break , price can hit 20 k ... so its your choice , be careful and don't panic ! and know that who will gain profits when you are selling at these levels ...
by cryptodiamondz
BTC: Good, Bad & Ugly Re-test ScenariosSummary: 1. Price tried to break above the top (100%) line in the Red Pitchfork. It was rejected. 2. Price is sitting at the bottom of what was a demand zone (yellow/orange rectangle). Three scenarios that could play out: Good: Support holds at the bottom of the zone (yellow/orange rectangle) and bounces up to make another run at breaking above the top median line (100% line) of the Red Pitchfork. Bad: Current support fails and price goes below to re-test the small demand below (small green rectangle in the 39k range). Ugly: Price re-tests the major demand zone (large green rectangle) - 33k - 38k range.
by mindandwar
Bitcoin Bearish Cypher BruhLooking at this 4hr chart it seems Bitcoin is at a critical level. My whiskers are telling me that BTC is potentially at the PCZ of a Bearish Cypher Harmonic. I'll be hiding in the bushes and watching to see if the Hidden Bearish Divergence plays out. It would make sense to get rejected around $44,700 if we break up out of this current consolidation. At that point I would be looking for the Shark Harmonic to develop. What do you think will happen next? Owhooooo!
BITSTAMP:BTCUSD
by Akamer-the-Werewolf
2
BTCBUSD ForecastDear Patrons, The BTCBUSD is still showing a bearish move and is hoping to continue its downward trend. Three strong support areas have been marked. Following that, three points of resistance are identified. The Stoch RSI is indicating that the market is oversold but it will keep this trend continuing. The MFI is indicating that the market is in a downtrend. Most other coins will follow the bitcoin trend. It is still a good time for traders who love to trade short. This idea is for educational purposes only. Feel free to share your ideas in the comments. Remember me in your prayers. Good Luck
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by Signalsforecast
BTCUSDT ForecastDear Patrons, The BTCUSDT is still showing a bearish move and is hoping to continue its downward trend. Two strong support areas have been marked. Following that, three points of resistance are identified. The Stoch RSI is indicating that the market is oversold but it will keep this trend continuing.  The MFI is indicating that the market is in a downtrend. Most other coins will follow the bitcoin trend. It is still a good time for traders who love to trade short. This idea is for educational purposes only. Feel free to share your ideas in the comments. Remember me in your prayers. Good Luck
by Signalsforecast
What next for VET?The four-hour chart shows that the VeChain price has been in a relatively steady bullish trend in the past few weeks. The coin has risen by about 81% from its lowest level in September. It is now approaching its key resistance level, which was also the highest level in September. At the same time, the coin has moved above the 25-day and 50-day moving averages. Therefore, in my view, the outlook of the VET price is a bit neutral at the current level. A bullish breakout will be confirmed if the price manages to move above the resistance at $0.1570. Hello community, please if you like my ideas do not forget to support them with your likes and comment, and you can also get in touch for daily signals and alerts
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by thomasfullerofficial
BTC Trend since 2010 Leading up to NovemberI found a fractal on the BTC chart that shows that when there is an uptrend leading to November, there is a strong continuation. This gives me reason to believe that we will see a trend continuation in November 2021 and possibly all the way to the cycle top. Data from 2010: averages tell us what the cycle top might be (See Next Idea - 🚀Bitcoin Cycle Top Fractal 💲110k - 💲286k!!!!? 💵🚀) See the idea on my YouTube channel Link
INDEX:BTCUSDLong
by zartraderguy