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Btcudst

#BTC/USDT #BTC Bitcoin is trading in an upward trend to the 37000 $ level. After the price broke the 27,800 $ level, which is a strong resistance level. Once it was breached, the price went up after the bearish flag breached the major one. We expect the price to rebound to test the 27,800 $ level to 31,000 $ again and proceed sideways at those levels until the beginning of 2024. It is expected to break the 37,000 $ level, heading to the 68,000 $ levels, in the period from April 2024 to June 2024. All of this is supported by significant momentum on Bitcoin. A lot of positive news in the coming period I hope the analysis helped you.
Long
by CryptoAnalystSignal
Bitcoin marking its way to $48k.Dear traders, I hope you all are doing well. I bring you a brief BTC analysis on a 2-day timeframe chart. Recently, BTC experienced a dip, touching close to $40k, but it swiftly rebounded to $44k. Based on the current BTC movement, there's a likelihood of it reaching around $48k. However, considering the RSI level, it's crucial to stay vigilant for a potential downturn. I've identified $47.8- FWB:48K as the current resistance and $40.8k as the support. Share your thoughts on BTC's price in the comments. Best regards, Team Dexter.
BINANCE:BTCUSDLong
by Dexter_The_Trader
BTC/USDT BinanceBTC/USDT Binance 4H Hollow Candlesticks As the bull run continues, a parallel bullish channel has formed. If the price break out this channel, a new TA is needed. A Rising Wedge has also been formed, where the rule says that is generally a bearish signal as it indicates a possible reversal during an uptrend. Rising wedge patterns indicate the likelihood of falling prices after a breakout through the lower trend line. The Support and Resistance areas are also clearly visible. The Support point is quite strong and is based on the Golden ratio extension of the Fibonacci Retracement . Through a previous repeated movement that has been resized ( Bar Pattern ), we can assume a future movement of the #BTC price. Market Cap: $1.43T +0.89% 24h Vol: $54.15B +34.84% Dominance: BTC: 51.5% ETH: 17.5% Good Luck #CryptoHellas Team
by CryptoHellas
1
SasanSeifi 💁‍♂ BTC/USDT 4H🔹 as you can see, after a bit of back-and-forth around the resistance zone, the price took a bit of a breather and is currently hanging out in the $36,400 range. No major trend shift is happening – it's more of a side-to-side dance at the moment. Here's the scoop: If the price manages to chill between $36,000 and $35,500, giving us a nod with positive vibes, we might see some good moves ahead. Now, keep an eye on how the price reacts around those support zones for a better feel of where it's headed. On the flip side, if the price decides to dip below $35,500 and hangs out there, brace yourself for a potential medium-term correction down to around $34,000 and maybe even down to the liquidity Void at $32,000. Stay tuned for the market's next move!! 📈✨ 🟢 Keep in mind, it's essential to perform your own analysis and take into account additional factors prior to making any trading choices. Best of luck! ✌️ ❌ (DYOR) Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help! if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌✌
by SasanSeifi
Bitcoin (BTC) Short SetupOKX:BTCUSDT.P Short 1W Rising wedge + Entrance 31745 = Exit 18475 I am interested in your opinion on this algorithm of actions deposit 20% of asset order 20% of deposit leverage ×20 cross margin take profit 25+-% of order stop loss 5+-% of order day loss 1% of deposit RR 1 to 5 Entry on negative news background + At negative mood of trendsetters + No nearby reports, speeches + Bearish chart and candlestick patterns + A pool of indicators signalling a downtrend #DYOR
CME:BTC1!Short
by FelixVexelman
BTC/USDT BinanceBTC/USDT Binance 1H Hollow Candlesticks Since the price broke the parallel ascending channel, we saw a rise of around 40%. Currently, the Support level is predicted by the extension of the golden ratio of a Fibonacci Retracement and the Resistance level is at 38K. Also, an ascending triangle has been formed, where the rule says that since the price entered from below, at the end of the triangle, the price will move up. From an imprint of a previous movement (Bar Pattern / Fractal) we can theoretically assume a future movement that the price of Bitcoin will follow. Market Cap: $1.42T +0.70% 24h Vol: $57.41B -27.66% Dominance: BTC: 51.0% ETH: 17.5% Good Luck CryptoHellas Team
Long
by CryptoHellas
2
BTC rising wedgeBTC UPDATE: BTC is currently forming rising wedge on 4hrs TF which is bullish channel and still in uptrend on 4hrs TF in as much we are holding 35.6k 4hrs bullish OB strongly….. In as much BTC holding the support at 35.6k strongly on 4hrs TF we are good but any break of the bullish channel and break of previous lower low at 34458 will trigger the price to daily support at 31857.8 where the imbalance is so be careful and watch the BTC PA here….. Expected price if 31.8k can’t hold after break of the bullish channel will be 28.8k, 26.4k and 25k but if we bounce with good volume from 31.8k means 40-45k should be expected… Stay safe and watch the PA before making new move Follow for more market update
by MICHELXM
BTC overview and ask for your altcoins BTC / USDT BTC succeeds to breakout the resistance of 32k (monthly resistance) yesterday first time since may 2022! We can see also a successful breakout retest what does that mean ? – The 30k to 32k level should act now as support /buy area until broken for the next pump toward 40k region ! – NOTE : The price has filled the CME GAP at 35k There is another major CME gap around 21k and in order to fill this one we need a big big FUD ,but for now we cant talk about this scenario as long as we closing weekly above 30k Summary: My current bias now is bullish as long as we close weekly above 30k Don’t forget to show your support by like(rocket) and comment⬇️ Also you can ask for only 1 altcoins analysis and i will try to do my best to cover as much as i can
by Babenski
108
BITCOIN: IN HOURLY TIMEFRAME. BTC Update: The daily close on BTC was below $30k which created a doubtful situation to re-analyze the chart. This time, let us analyze the BTC chart in an hourly timeframe to get a short-term view. In this chart, we can clearly notice that BTC is following the rising wedge pattern. If BTC has to drop then we can expect it to reach the pocket support (shown in the chart). In a worst-case scenario, BTC breaking down below the pocket support will surely invalidate the chart and the price might reach as close as $28.7k. Bounce back levels: $29.5k / $28.7k. P.S. ~ A move toward $32k to BER:33K is still valid. What's your take on this? Let me know on the comments. Thank you for reading and trade safely. Regards, Team Dexter.
BINANCE:BTCUSD
by Dexter_The_Trader
Bitcoin is trying to climb⚫️ We should always look for reversal patterns at the bottom and ceiling of ascending or descending trends. Here, Bitcoin failed to form a lower bottom, on the other hand, there is a possibility of forming a twin bottom pattern. 🔴 It is too early to comment on this pattern, but the possibility of a one percent growth for Bitcoin is not far from expected, and after that we have to wait for the stabilization of the failure at the price of 27,000. has it .
by karaco2022
On a platform...flying or falling??As you can see, an important break has been made, so there is a possibility of a pullback for a further drop. It is possible that Polback to 🔵 An important area that 🔴 is a static resistance and also to the 4 hour channel floor and also to Have an hourly channel midline And the two moves ahead 🔵 growth up to 5% Drop up to 5% May happen..... But which one is stronger? There is definitely a stronger chance of falling, but let's not forget that Today we have important news We are still moving and the possibility of accumulation of losses They may cause growth. Therefore, it is better to watch than to see the reaction
by karaco2022
Bitcoin and the possibility of falling more to a conditionToday's news is very important, this news can cause more growth of Bitcoin, so if the news is positive, this analysis will be invalidated. But according to the technical analysis, there is a possibility of more return and fall for Bitcoin. This return may happen in the 4-hour time frame, but there is still hope for a return in the daily time frame because the downtrend has broken and the 200-day moving has not been established yet. In general, if we want to ignore the news, we can have more possibility of fall for Bitcoin
Short
by karaco2022
2
Will this bird learn to fly?Yesterday's analysis remains valid. In today's analysis, which you can see in the hourly time, the possibility of growth is stronger. On the other hand, three support ranges have been identified, the most important of which is 27,200. Let's not forget that in an upward trend we are not always with the upward trend. Therefore, the possibility of the price falling to the bottom of the ascending channel is not far from expected. This means we should place the stop loss below the channel at a static support. Because the pollback has not been completed in the daily time. If you want to introduce your currencies so that I can analyze them for you, I will be happy to share my opinion about your currencies and exchange ideas. Also, I will be happy if you follow me and I will get energy to continue.
by karaco2022