Predicting Bitcoin tops and bottoms using halving dates.I thought I will share with you what I found out. Apparently by measuring time from the halving you can more or less guess the bitcoin tops and bottoms and/or correction or dead cat bounce to safely sell what you got. This is not going to show you perfectly where to sell and where to buy but it is not for that, this is to help long term traders when to scale in and scale out of the market, regardless of the price. It can be hard, as you know everyone at the top screams for higher targets and at the bottom for lower. I hope this will help you out. And feel free to do a different measure of your own, Just put halving dates and start from there. Thanks!
Btcudst
BTC - Pullback , ready for long long position !? #BTCit looks like we 're seeing a pullback BINANCE:BTCUSD .
everything is clearly visible in the chart
MAX Leverage = 5 - 10 (above 5 is a greedy decision!!!)
Max Loss (with leverage 5 ) = ~20%
Max Profit (with leverage 5 ) = 35 - 65%
|--| 70% sell in first target and 30% for next target |--|
always DYOR , Buy and sell with full knowledge of financial markets.
Maybe This Way , Lets See that ...
BTC/USDTThe current trend is upward, but we have three situations ahead of us
1- Orange channel: because it has hit the of top the channel, it is likely to correct and continue to the bottom of the channel, which can move to the range of 27k and then to 32.5k, which according to the head and shoulder pattern in RSI, this movement can be considered probable.
2- It can break the top of the channel and move towards higher targets (if it breaks the resistance of 32.5k, it can go up to 34.5k or if it cannot break the resistance of 32.5k and correct it)
3- It can descend from here and break the bottom of the channel and move towards 20k.
But in case of decline, it will definitely be supported by ma100.
And a very important point:
At the moment, the dominance of Bitcoin has reached the top of its channel, if it goes down, it is in favor of altcoins, if it goes up, it is against them.
My prediction is that Dominance will rise and Bitcoin will range so that altcoins will not suffer too much, in which case we will see an alt season similar to 2020 in the future after Dominance falls from the upper limits.
Btc upward trend and patiently maintain
The turmoil of Bitcoin is indeed a torture. Whether it is time or space, this is a long -term game. For those who see many people, they can only wait patiently for the second outbreak. It is recommended to buy this position at a price of 27,400, control the risk of 26,800 and the target 29200 ~ 31600
The picture above is the daily chart of Bitcoin
Bitcoin bullish is based on the following points:
1. The current Bitcoin impact can be regarded as a short -term formed top, or it can be regarded as adjustment in upward. The difference between the two is whether the two can maintain 26500.
2. According to the research and judgment of my trading system, the current height of C Wave 1 continues. As long as there are still 26,500, the rise will continue.
3. The upper pressure is 29200 ~ 31600, and the lower support is 27300 ~ 26500.
The transaction method is not complicated, just like building blocks, there is no complex structure and technology, but you need to spend a little time to ensure that each step is not wrong. Then continue to move forward.
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Bitcoin trend predictionHello to all,
First of all, the market does not have a specific trend and we are definitely facing two possible market trends in the short term.
The first path: increase in price to 28,850$ and then reach the price of 32,000$ and return to 28,850$ and then rise to 36,500$.
The second path: price drop to 25,285.
The important issue is that if any of these two paths are followed, eventually the market will move in the price range of 36,500$ to 25,285$ and this trend will continue until Monday, June 19.
Market support will be 22,000$ if the price falls.
Be happy and trade wisely! 😊
Bitcoin - The consolidationIn this study, I take a close look at the Elliot Wave structure of the movement since March 10 to make sense of this crazy consolidation we have been witnessing since March 23, in the 4-hr chart, refining the wave count of the previous study.
Currently sitting on the weekly pivot of $28k, I see a corrective wave structure that has developed, that not only includes two successive symmetric triangle formations, but both being part of a complex irregular Double Three (WXY) correction with a price target of c. $24k. Approximately a $14% correction from the current price.
A break below the bottom of the triangle support line could be the trigger for a deeper drop. A confirmed break above the upper resistance line of the triangle will invalidate this scenario.
What do you think? Will we see a breakdown towards $24k, or a continuation of the rally up over $30k?
( Alart ) EMA 30 , 50 are breaking the EMA 200 down !!!#18
after passing 16 days up warding EMA 30 , 50 are breaking EMA 200 down - and that could be short signal for $BTC
in my opinion if this indicators break each and price stabilize under 26 600 the game is under hands of bearish market - Always be in profit !
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BTC long ideaThis is my analysis and idea only. Do not take this as financial advice, and please do not base any trades based on this chart, or any content I post. These are my thoughts only. Operating in crypto is dangerous and can quickly stack up big losses. Always study, and do your due diligence.
btcusdt 4h uptade in last 4 days bitcoin almost pump upto 23%...
if you buy bitcoin few days ago for shorterm holding then i recomand you to book your profite.... now possible we see some correction in markete.
1st resistance of bitcoin at 25200$
2nd resistance area of bitcoin at 26700$
if you are looking for open position in short on bitcoin then i recomand you that currrently don't open any position in short till btc price cross 26700$.
1st local support area of bitcoin at almost 22800 ( small bounce back expected from this area)
follow me for more update about crypto.
BTC Ascending Channel Hello Traders. Hope you are having a great weekend. As you can see BTC is in an ascending channel and last couple of days, it dipped to the bottom
of the channel. I think price will dip below 22K zone and recover fast as the yellow arrow shows and will go up for the short term to 23K zone. After
that breaking the channel is expected.
What do you think guys?
Comment down below.
BTC/USDT/UpdateThe goodbye kiss that I predicted in my previous Bitcoin analysis () was fulfilled today with a pullback to the ceiling of the broken descending channel. There is also a valid static support in this area. According to the status of the indicators, the probability of forming a new upward movement from this area is very high. My personal stop loss will be activated if the bearish channel breaks and stabilizes. The goals and limits of the loss are specified in the analysis.
Bitcoin: Short first, then long.
Despite the fact that the Bitcoin (BTC) price trend should have been boosted last week from the perspective of the US dollar and risk appetite, unfortunately, the cryptocurrency market experienced negative news. According to reports, cryptocurrency bank Silvergate announced that it will postpone the submission of its annual 10-K report for the 2022 fiscal year, stating that "the company is currently analyzing certain regulatory inquiries and investigations related to the company." Shortly after, many cryptocurrency companies and trading platforms, including Coinbase, Circle, and Tether, urgently announced the termination of their business dealings with Silvergate. The news caused panic in the cryptocurrency market and put pressure on Bitcoin prices.
This week's risk events are also relatively frequent, and I think the likelihood of short-term Bitcoin prices rising above 25000 is small. From the 4-hour chart, we can see that the starting point of the last rebound has been breached, so the support level is expected to move down to around 21460. Therefore, the short-term trading range is around 22040-21460.
In terms of operation strategy, investors can trade within this range of 22040-21460.
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