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Btcusdbullish

ARE WE DONE WITH THE BEAR MARKET???Hello, Crypto Traders. Here's an important update on BTC that you don't want to miss out on. In this update, I am going to talk about the bear market, the upcoming rally, and the possibility of $100k. So, read this update till the end. 1. Are we done with the bear market? So far, BTC has managed to bounce back from the $15K supporting trendline and has diverted the confusion of a $10k or $12k drop which most of the traders were expecting. Three weeks ago, BTC broke above the $25k resistance which was an important resistance zone and also the first confirmation level of a new rally. Now, the 2nd phase of confirmation is the $30k resistance. If BTC breaks above this resistance and sustains for some weeks then we can consider the end of the bear market. 2. When will the bull rally begin? In my opinion, we are at the initial phase of the bull rally. It's like the first cell formed in a mother's womb. She doesn't feel anything but yes there is a baby forming inside her. I hope you got my point. 3. Am I too late or can I still accumulate BTC at $28k? For those who are having this question in their mind, let me ask you one simple question- Would you buy BTC at $28k or would you buy it at $45k? Let's hear Joe and Donald's conversation for better understanding. Joe: Dude, "What if I buy BTC at $28k and then the price drops to $20k?" Donald: If that's your concern then why you did not accumulate at $20k? Joe: Because I was afraid thinking, "What if I buy BTC at $20k and then the price drops to $15k?" Donald: R.I.P, Joe. Moral of the story: Don't be like Joe. 4. Is $100k even possible? BTC reaching $100k is the ultimate ATH, we all are expecting and it is possible but not anytime soon. If my analysis is correct then I am expecting by the end of FEB 2024 or the beginning of June 2024. That's it from my end. I hope this update was helpful to you. If you are new, please do follow and my fellow existing members do hit the like button and comment below. Before I leave, here's a key point from today's update. 1. $30k resistance, the 2nd confirmation range for a bull rally. 2. $25k is the support. 3. Accumulate BTC and DCA if the price drops. Note: All these updates are based on my analysis and my personal opinion so do not consider them as financial advice. Trade safely.
COINBASE:BTCUSDLong
by Dexter_The_Trader
5
Bitcoin Try to regain 23.7 On WeekendBitcoin legdown around 5% and bounced back from the yellow support line which it touched before ( on the first dump) Please support and motivate me by Boost,Follow,Comment Usually a Friday dump into weekend does not tell me a real move , meaning this could be retraced and even go higher but if it loses 22K more downside is way more possible than up side. The liquidation around 24K is now 5M and high leverage is around 2M around 22.8 Detailed explanation on video Also if you want to talk about trades leave a comment Thanks for watching
BINANCE:BTCUSD.PShort
by pcmonk
BTC - Bull Market? (Gauchian Channel Analysis)Hi Guys! I love everything TA, currently its just a hobby but im using these posts to express my thoughts and solidify what ive learnt thus far. So this is not financial advice by any means, its just to challenge MY VIEWS on the status quo of whether or not we are ina bull market or bear market. Alot of my previous charts whether BTC or other asset, in my opinion has overload of info. So my aim recently is to do things simple, which has allowed me to up my charting game. Just note, BTC is my favorite asset to trade, i also believe in its tech and am extremely long term bullish BUT i don't allow biases to take over my decisions when i trade. Currently i feel like the market sentiment is leaning both bullish / bearish so i felt like digging for myself and trying to use TA to make sense of the direction. Now going to my analysis! I got 2 indicators on my chart. 1. Gauchian CHannel 2. Yellow Line - 21 EMA The chart is on the 6 day time frame -> Which i love to use, cuz it gives me more clarity for long-term/semi long term lens The chart shows interactions between the 21 EMA and the Gauchian Channel. Basically, 2 scenarios 1. Bearish which is indicated by the 21 EMA crosses downwards onto a Green Gauchian CHannel, and price action moving into channel channel. EVery single time we've done this, it has indicated as stated by previous history, WE WERE IN A BEAR MARKET. Everytime we enter the channel, price action eventually crashed & went below channel. The EMA will always move down with price below channel as well. When price action is below the channel, we are in the depths of the bear market. 2. Bullish which is indicated by the 21 EMA crossing upward into a red gauchian channel, while price action is moving into channel. Every single time we've done this,it has indicated as stated by previous history WE WERE IN A BULL MARKET. Everytime we enter the channel from below the channel, price action went into channel, it indicates the beginning stages of bull market and when we are above the channel we explode in price. ALso note, when price action moves above, to confirm price should come down to test channel as support. So, in real time - Price action has moved into the channel but a cross has NOT yet happened. But MA's are kind of a lagging indicator in that it follows the price. So since price action is in the channel, it means that the EMA will also move up along with this recent pump because its averaging the price of BTC . SO if we continue to stay above, eventually the EMA will cross above and it will indicate that the bull market has started. So technically, we are still not by this chart in a bull market. Watch this chart like a hawk! If we get this cross, we could be starting our new cycle. But there is always risk such as invalidations of previous patterns cuz ultimately we dont know what the markets will do. So pay attention to the 6 day close and movement of 21 EMA (yellow line). ALSO since there are less false flags, you can determine from this chart that: 1. selling above Gauchian channel is best time to sell 2. Buying below guachian channel is best time to buy Hope this was insightful! CHECK out my other charts on BTC . Keep an eye out for more charts like this! Let me know what yall are thinking as well! Disclaimer: This is not financial advise, i am not a financial advisor@ Any investing or trading decisions of yours should be taken with your own analysis, and always protect yourself with stop losses! THANKS.
BITSTAMP:BTCUSDLong
by SafofAllTrades
BTCUSD Change of Trend! - A Bull run coming!BTCUSD made a great dump for several months until it reaches the 17689.13 support zone area. Weeks passed this dump momentum has lost it run and made a beautiful uptrend movement making the buyers taking advantage of the uptrend momentum which clearly made a higher highs and higher lows. It will reach the 21500 area of resistance it is probable that it will break this resistance zone and continue its upward movement. Timing and confirmation of price action are needed for these entries. #tyor #dyor
BINANCE:BTCUSDLong
by FX_Zone
BTCUSD One final dump then the rocket is ready to Launch! BTCUSD Bullish Scenario 30,399.92 is my strongest support since January2021, It has been touch multiple in just a month before bursting up. 28,798.34 level is my next support, its the lowest wick of January 2021 before bursting up 27,737.88 is my final target before this BULLISH SCENARIO HAPPEN my target would be 42,243.87 For this month Bitcoin (BTC) is recognised as the world’s first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental and technical analysis. SUPPORT & RESISTANCE S1 28880 S2 24217 S3 19846 R1 42000 R2 50000 R3 60000 Strong Moderate Weak Up Neutral Down PIVOT POINTS P 35170 S3 34088.4 S2 34629.2 S1 34883.9 R1 35424.7 R2 35710.8 R3 36251.6
BITSTAMP:BTCUSDLong
by EarthHoundFx
4
Bitcoin Bullish Reversal UnderwayHi Traders, Bitcoin decline from $64854 high unfolded as a classic Elliott Wave impulse pattern, labeled (i)-(ii)-(iii)-(iv)-(v). Wave (iii) is the longest of the three impulse waves, wave (ii) is a sharp zigzag correction, and wave (iv) is a sideways double-three correction. According to Elliott Wave theory, a three-wave correction in the opposite direction follows every impulse pattern. That's exactly what I'm expecting from this current level considering that wave (v) is already completed. The most conservative way to know that wave (v) is completed is to see the breach of the green level on the chart. This is not the best time to short BTC as the market structure is favoring the bulls!
Long
by Veejahbee
2
BTCUSD POTENTIAL NECKLINE RETESTPOTENTIAL NECKLINE RETEST ON BTCUSD. BULL AND BEAR SCENARIOS IF BTCUSD RETRACES TOWARDS RESISTANCE AND QUICKLY BOUNCES BACK DOWN, THERE IS MORE DOWNSIDE TO COME IN NEAR TERM. IF BTCUSD BREAKS FIRST RESISTANCE ZONE, WILL RETEST NECKLINE RESISTANCE, 1ST RESISTANCE ZONE BECOMES SUPPORT FOR THE BULLS. ALTERNATIVELY, IF BTCUSD FINDS A LARGE AMOUNT OF SELLERS AT NECKLINE, SUPPORT MAY NOT HOLD. IF BTCUSD CONTINUES TO DROP WITHOUT RETESTING, LOOK FOR BUYERS AT 35K THEN 30K FOR A BOUNCE.
BITSTAMP:BTCUSD
by JayHendrix