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BTCUSDC

BTC Bitcoin Nothing NEW or out of the norm here if you just kept with the layout you should have done fine. These lines are numbers have not been adjusted these are the SAME SCRIBBLES & NUMBERS I gave you weeks ago. Each one did its job. People can try and round off numbers all the want, but it often makes you miss your bids, my random numbers calculated here worked out really well according to the charts for everyone even gave you entries and exits during the few days of chop if you wanted to scalp it and play with leverage etc. IF we can stay above $29.5k right now that will open the doors to HIGHER and make this move much more certain. Below $29.5k and i would immediately watch for and short (not F/A) if you wanted to $27.9k line.
by rarebreed29
BTC LONGHello Guys. I hope you are fine!, here I will tell you my opinion in Bitcoin Price if you are interested then you are welcome to use it. my opinion that we go to 25500$/28000$/30000$ and then back to 20000$ or 19000$. that we touch 20000$ and 19000$ is 90% (I want to say 100% but since in technical analysis 100% is funny because you don't know what will happen 100%, that's why I say 90% 😜) because we have CME gap but unfortunately how high we go I can't say exactly which but you can 25500-28000-30000, keep an eye on it. Thank you and stay healthy!
BITSTAMP:BTCUSDLong
by SteaIth
Bitcoin | Head and Shoulders Well, well, well, look who's got their head in the game and their shoulders above the rest! You've spotted the head and shoulders pattern on the chart, and now you're ready to shoulder your way to success! After closely analyzing a chart, you noticed a distinct pattern that caught your attention: the head and shoulders pattern. This technical analysis pattern is characterized by a peak (the "head") that is flanked by two smaller peaks on either side (the "shoulders"), creating a visual shape that resembles a human head and shoulders. The pattern is often seen as a sign of a trend reversal, and can be used by traders to make informed decisions about buying and selling. By identifying this pattern on the chart, you have gained valuable insight into the market and can use it to inform your investment strategy. While technical analysis patterns can be a useful tool for traders, there are also risks involved. Here are some potential risks of trading patterns: False signals: Technical patterns can sometimes generate false signals, which can lead to incorrect trading decisions. For example, a pattern may appear to be forming but then fails to materialize, or a pattern may appear to indicate a certain trend but then reverses unexpectedly. Over-reliance on patterns: Relying too heavily on technical patterns can lead traders to overlook other important market factors, such as economic indicators, company news, and geopolitical events. It's important to consider a variety of factors when making trading decisions. Limited information: Patterns are based solely on historical price and volume data, which may not provide a complete picture of the market. Traders may miss out on important contextual information that could impact their trades. Market volatility: Markets can be volatile, and patterns may not always hold up in such conditions. Traders need to be prepared for sudden shifts in the market that could disrupt their trades. Emotional biases: Trading patterns can sometimes trigger emotional responses in traders, such as greed or fear, which can lead to poor decision-making. It's important to stay objective and rational when analyzing patterns and making trades. Overall, while trading patterns can be a useful tool for traders, it's important to approach them with a critical eye and to consider a variety of factors when making trading decisions.
Short
by xuk1
Bitcoin's Correlation to Tech Stocks About to Change?The above chart shows the correlation between Bitcoin ( BTC ) and the Nasdaq 100 ETF ( QQQ ). The correlation between these two is the highest ever . See the chart below for a closer look. For the stats nerds out there, here are the current correlation values between BTC and QQQ (as measured by using monthly closing prices with a 20-period look back): r value is 0.936, r-squared is 0.7916, p value is 0. This extreme correlation between Bitcoin and the Nasdaq 100 is unlikely to last much longer. Correlations between assets tend to oscillate over time. Therefore, this extremely positive correlation is likely to oscillate down soon, which will have the effect of weakening the correlation between Bitcoin and Nasdaq 100, or in a more drastic scenario, turn the positive correlation into a negative one. If the correlation between BTC and QQQ does in fact weaken or turn negative, then it must also be true that both assets cannot continue their strong rallies at the same time. So we're left with an important question: Which asset will outperform the other if the perfect positive correlation ends? We can use a ratio chart to extrapolate the answer: the BTC/QQQ ratio chart. So let's look at that chart. In the chart above, we see the price of Bitcoin on the left and Bitcoin's performance relative to QQQ on the right. We can see that even though Bitcoin has been on a bull run, it has already rolled over to the downside relative to the performance of QQQ. When we look at the Stochastic RSI oscillator, as shown in the chart below, we see confirmation that Bitcoin is potentially beginning to oscillate back down relative to its performance to QQQ on the weekly chart. However, look at what happens when we examine the monthly chart. The exact opposite appears to be true. (See the chart below) In the monthly chart of BTC/QQQ, Bitcoin is just beginning a major oscillation up. What we're probably seeing is the monthly candle of BTC/QQQ creating a lower wick, which is why it appears that the weekly BTC/QQQ chart is oscillating down. If we zoom out even further -- to the quarterly (or 3-month) chart -- we see even further confirmation that Bitcoin is set to outperform the Nasdaq 100. (See the chart below) In the chart above we see a perfect log growth curve of Bitcoin relative to the Nasdaq 100, with bullish reversal candlesticks beginning to form on the quarterly timeframe. We also see the Stochastic RSI ready to oscillate back up, meaning Bitcoin is poised to begin a period of outperformance relative to tech stocks on the higher timeframes. Other charts lead us to a similar conclusion. In the yearly chart of QQQ/SPY, shown below, we see that the Nasdaq 100 is set to underperform the S&P 500 for the long term. This suggests that the current rally in the Nasdaq 100 stocks is potentially a bull trap or a lower timeframe counter-trend. As the Nasdaq 100 is set to begin to underperform the S&P 500, the S&P 500 itself is showing downward momentum on its yearly chart. If this downward momentum sustains to the close of 2023, it will mark an incredibly rare, and also quite bearish, signal for both indices. These, and other, higher timeframe charts are explained in more depth in my post below about the coming period of stagflation. In summary, virtually all of the higher timeframe charts indicate that the period of limitless monetary easing is over, and we've entered into a new supercycle wherein the price of money will remain some degree higher. So it seems that Bitcoin continues to win. As the stock market indices break out and create what time will likely prove to be another bull trap, Bitcoin is likely on a path toward more sustained bullishness than equities. In the face of stagflation, equities suffer from both a declining money supply (as the central banks fight inflation) and declining productivity. Although Bitcoin is not immune to similar declines, its perpetual scarcity may provide a unique tailwind during the coming period of stagflation.
Editors' picks
COINBASE:BTCUSD
by SpyMasterTrades
54
Bitcoin playing for the 2015, Russia entered. Pretty interesting how this 2015 movement has held in the face of a few "crypto" banks going down + GBTC + MT Gox If this ends up playing out along these lines I fully suspect a nation state like Russia has entered as the first large sovereign state's to adopt Bitcoin. What are you seeing here? you're seeing Bitcoin being used as a weapon against the Dollar, and there is nothing any G countries can do to combat this besides also adopting Bitcoin.
INDEX:BTCUSDLong
by FederalXBT
2
BTC market hasn't decide yetGood day fellow traders, I would like to share my perception of BTC intra-day. Let's start with the outlook which in most opinions is a correction down. For me personally, the market hasn't decided yet. When looking at the recent correction on our indicators it shows both strength and weakness. Bears can't seem to get the price lower into the channel. While bulls seem to keep BTC in a small-ranged structure during the inter-correction phase. If we look at the fib-extension levels, they coincide with the BTC range of the last weeks. If you put an inverse fib extension for the correction phase, the levels will also coincide with the general structure of the last months. The structure of BTC is still range bound, within a larger channel. So no worries for now. But if the bulls keep this up the probability of a short-term increase will rise. The influx indicator shows no selling pressure on that side. This means people or definitely not sold yet on the bearish side as well. i.gyazo.com And as always nobody can see the order books. So market predictions are always probability based. Best of luck
COINBASE:BTCUSD
by CryptoDonkie
3