Btcusdbullish
BTC price prediction next week, next month, 3 months.BTC is well overdue for a correction. I see us "barting" again all the way up until we close in on 10k only to get rejected. Too many people want to take their 3x profit from their 3.5k-4k buy ins. Also, this trend is too parabolic and needs a 30% correction. after that is complete, we will have had a healthy retracement that sets us up for a REAL bull run. If we don't stop and consolidate, this run could be over before it started. Im hoping for this believe it or not and I'm a bull. let me know what you think of my ghost feed.
BTC/USD Bulls The Potential To Correct To $6,500 1. Bitcoin has the potential to correct to $6,500 as long as the technicals remain intact.
2. Bulls are eyeing the next major barrier to tackle, seen up at around $6500-800, ahead of $7000.
3. BTC/USD breached the $6,000 level for the first time since 14th November 2018.
4. The price went up from $5,940 to $6,050.
5. On the upside, further resistance levels lie between $6,250 and $6,500
Bitcoin price upside immediately capped at $5,890.67 with the second barrier at $5,951.62 and the third hurdle at $6,012.57. Overcoming the sellers’ congestion at these levels could open the door for more movement to the upside that would eventually hit $6,300 and $6,500.
As far as support is concerned, BTC/USD is initially supported at $5,82973. This is strong support as displayed by the confluence detector tool. However, if bear pressure increased and Bitcoin tanks further, $5,646.89 and $5,524.99 will come in handy to stop the losses. Otherwise, sliding below this level could spark more losses with minor support areas in place to halt the trend at $5,403.10 and $5,281.21
Technical View:
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Daily SMA100 4310.85
Daily SMA200 4476.82
Previous Weekly High 5795.47
Previous Weekly Low 5073.04
Previous Monthly High 5632.53
Previous Monthly Low 4052.2
Daily Fibonacci 38.2% 5861.49
Daily Fibonacci 61.8% 5794.85
Daily Pivot Point S1 5631.96
Daily Pivot Point S2 5518.31
Daily Pivot Point S3 5349.62
Daily Pivot Point R1 5914.29
Daily Pivot Point R2 6082.98
Daily Pivot Point R3 6196.63
BTCUSD possible breakout upside, targeting 5000$Hello Friends,
My view on the king of Crypto.
BTC is hovering around 4400-3200 $ for last few months. Considering the last at $3120, price didnot break the low and making higher low with resistance around 4400-4200$, the resistance has been tested 2-3 times which makes the resistance weaker.
Resistance turned weaker and price is making higher low is a bullish sign to break the resistance. So I have 2 trades in visual.
1) Buy now, CMP : target 4400, sl is below the trenline . 5% sl and 7% target.
2) Buy now and wait for the breakout. break of 4400 will take the price to 5000$ and more. sl : 6% and target is 30%. RR is 1:5
Setup is invalid once price breaks the trendline. So play at your risk.
#BTCUSD #BTC #BTCLONG
BTCUSD - best long position ? price ?Hi guys, just did analysis and found symmetrical Triangle and now it's available at best position and can book a good profit.We have indicated targets in the chart. RSI is also oversold around 30) and seems good position for long.
Reminding that, if markets rises a rejection is waiting arounf $3770 - $3820, so try to sell 50% of your trades their.
Bitcoin technical analysis Short term target In this chart i'll show to you Bitcoin bullish movement soon we'll see around 6800$ if cross this resistance then next move around 7000$
In previous analysis our target 6750$ and we're already hit 6822$ last analysis very successful.
If Bitcoin not hit 6800$ or any bad news or crash so we have support zone around 6150$