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Btcusdforecast

Bitcoin- New leg down?In my previous Bitcoin analysis, I said that in current market conditions selling rallies is the safest way to trade and I indicated 18-18.5k as the zone to do this. Indeed, after the break of support and the steep drop from the beginning of the week, Bitcoin rose, corrected the dive, and confirmed the 18k zone as new resistance. The price action from the past 2 days is drawing a small triangle on our short-term chart and this could be an indication of continuation to the downside. The base of the triangle is around 3kusd and this gives us a target of around 14k for the next drop. Only the price back above 18-18.5k in terms of daily close would put a pause on the drop and signal a potential range trading for BTC.
BITSTAMP:BTCUSDShort
by Mihai_Iacob
40
BTCUSD ( BITCOIN ) 🔰 ⭕️ BTCUSD ⭕️ 🔰 - Currently there is an OVERALL POSITIVE SENTIMENT for BTCUSD. - FUNDAMENTALLY THERE IS NO GOOD ENVIRONMENT FOR CRYPTO YET. But with the FED being NEUTRAL, CRYPTO can expect a good POSITIVE UP TREND in the future. - US CPI DATA has been released by now, it is a very NEGATIVE DATA. Due to this BTC went UP with USD being WEAK. You can further BTC UP to 20654 LEVEL in this CHANNEL. - The BTCUSD CHAT is currently showing a growth of 9.96%. BTCUSD PRICE MOVEMENT will definitely be determined on SNP500. Therefore, every NEWS that is POSITIVE for STOCKS is very good POSITIVE NEWS for BTCUSD.
BITSTAMP:BTCUSD
by benny_marshall
BTCUSDT - Next Move ( Weekly )Hi All Bitcoin is in a range zone Exactly at 0.786 Fibonacci. It is a very important place and it cannot be broken easily. From here, we will go up to $25000 to hardly $30000 ( look at the huge volume ) and then the price will drop to the bottom of the channel ( it takes time), which is $10700. remember that $30.000 is a powerfull supply zone for btc. short term : price going up long term : price going down if you have a question comment it This is not a signal . be carefull GOD BLESS
Long
by GoodLadd
2
BTC can reach $15000In my opinion, with the triangle pattern that Bitcoin is forming, we can expect it to reach the $15,000 range by breaking its dynamic support. Now we have to see how fundamental news can affect the price trend. However, at first, the range of 15,000 dollars and then the range of 12,000 dollars, as indicated in the chart, is not expected. This is just a personal opinion and should not be used as a criterion for making a trade. Please Comment if you have any other idea. here we want to learn from each other .so tell me if you are agree with me or not ? :)
Short
by DarknessEmpire
BITCOIN BACK TO $15K!!! THIS IS IT!!!BTC has officially entered the $15k zone after 2 years. History has been made where BTC has once again entered the $15k range. What's next??? Next! Is the support at $15.7k? This support is long-awaited and BTC must hold this level. If BTC breaks down to this level then $11k to $12k is the next stopping point. I am thrilled as well as afraid of what I am witnessing right now. I am accumulating more and if we see more dips, I will buy more. What are you doing about this dip? Trade safely, guys.
BITSTAMP:BTCUSDLong
by Dexter_The_Trader
2
Nightmare BTC ScenarioThis is the worst case scenario for BTC, a giant macro head and shoulders. The best case scenario is that we bounce at the macro GP around 9-10k. Based on the S&P fractal (the one from the 2008 crash that perfectly fits our current price action) I have to assume the worst for the crypto market. I was just waiting to see what the "news" would be that triggered the huge crash, and we just got it with FTX. That's our "black swan event" - buckle up everybody. Short everything for financial freedom, and don't forget to put your hands up and yell "weeee!" all the way down. Also make sure to withdraw profits on the way so the exchange isn't insolvent by the time we get there lol
INDEX:BTCUSDShort
by DigiLex_LLC
8
BTCUSDT - June Minimum Update.The first cryptocurrency after breaking through the trend was unable to break through and consolidate above the middle of the trading range, at the same time since June we can see the growing volumes on the haircuts. Against the backdrop of extreme events in the cryptocurrency world, Bitcoin sank by 10% from the local high. At the moment, the price stabbed the June low, and continues to trade on it. We can expect further price shedding into 15500-13000 range unless strong support appears. If you like the idea, please like it. That's the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
by Artem_Dishel
2
BTC Last crash ? comparison between late 2018 and late 2022BTC / USDT hello guys want to introduce an interesting comparison between late 2018 and late 2022 In this fractal there are similar and strong factors : 1-Both 2018 and 2022 are bearish bloody years 2-The comparison between both years at the same 4th quarter 3-both years have special events (BCH fork and ETH merge) 4- In 2018 this was the last crash and I believe this will be also the last one In 2018 the drop from the event was around 51% crash to the ultimate bottom , if we applied the same percentage the final target will be 11K ! Important Note : its not nessicary to make the same identical move it can flactuate little above or little below , and here i will show you strong levels which could be the bottom : 1- 18K-17K ( Double Bottom ) 2- 15k-14k ( Monthly Support ) 3- 11K - 10k ( Historic 85% Correction ) Overall the bottom is close so dont worry Do you agree about this comparison ? Share with me in comment section below and dont forget to hit the Boost button
Short
by Babenski
45
BITCOIN: ALL IN ONE.Hello traders, I hope you all are doing well with these recent dumps. The market was already in an uncertain stage and then the pump-and-dump scenario by the two most powerful influencers. There's a lot to take but in this chart, I will try my best to simplify all these complications. In this chart, I am gonna talk about three important things, Past & present scenarios, Support level, and the bull run. So, let's get started! Note: This update is going to be a long one so please bare with me till the very end. 1. PAST & PRESENT SCENARIOS: It was March 29th, 2022, when BTC dumped from $48k all the way to $24k (-50%) in 44 days, and the market went crazy. Then we saw some sideways moves for about 33 days expecting BTC to bounce back but on June 12, it made another drop from $28k to $17.6k (-38%) in just 6 days. Ever since then, BTC is trying to maintain this support level (17.6k) and push the price toward a bullish rally. The recent drop has brought BTC back to a similar situation where holding the support is a must. If history is going to repeat and BTC breaks down the $17.6k support then a -38% drop would mean BTC at $11k to $12k. 2. SUPPORT LEVEL: $17.6k has been an important support for BTC. In a daily timeframe, this may look like important support but in weekly TF, it is not. I will share details about the weekly chart in my next update. For now, we will consider $17.6k to be the present support. 3. THE BULL RUN: We all are anxiously waiting for the bull run and there are many traders predicting dates for the bull run. They can be right, according to their analysis. For me, I would rather go with the numbers. In this chart, you'll see 2 confirmation levels, 1st confirmation level is at $24k to $25k and then the 2nd confirmation level is at $30k to $32k. BTC needs to break these two levels to confirm a bull run, until then we need to wait and accumulate the bottom levels. KEY POINTS: * $17.6k Support. * $24k to $25k 1st bull run conformation. * $30k to $32k 2nst bull run conformation. What is your thought on the current market scenario? Let me know in the comments. Good hours ahead, thank you.
BINANCE:BTCUSD
by Dexter_The_Trader
2
IS BITCOIN STRONG ENOUGH TO HOLD?Hello traders, I hope you all are doing well. BTC did make a move but toward the downside. It went straight to the support level and in an hourly timeframe, we can see a bounce back from the support. The interesting question that arises is whether BTC can hold on to this support or will it drop down below the support. If BTC manages to hold this level then we can expect another bounce back but if breaks down then we need to be ready for some more bearish moves. Things are getting pretty interesting. Thank you for reading. God bless.
COINBASE:BTCUSD
by Dexter_The_Trader
4
FTX FUD What Next ? Small Shakeout Or a Crash ?Left Chart : FTT Coin (FTX token) is dropped more than 10% after the news that Binance could dump their FTT holdings Price now is testing the multi-year support level ($22 - $21) area that has nothing below. If rumors are true and Sam is unable to hold this support, this can drive the whole market down hard just like LUNA earlier this year IF price breakout the red trendline it will turn very bullish for long term and ONLY worth buying after that Right Chart : BTC I marked the most important local levels for BTC in current zone, first one is 20.8k and second one is 20k IF BTC could hold these supports we are fine and this is just a small shakeout before the real bullrun IF BTC loss 20k again the chance for breaking 17600$ is higher than any time before Both chart works as an indictor for each other The only thing can hold FTT right now is BTC upward movement ❤️ Dont forget to support my work by press on Rockets button ,follow and Share with me your opinions and questions in comments section below ❤️
by Babenski
34