BTCUSD BULL FLAG TO 80K$Hello Traders
As I can see BTC is now trading above the 60K$ after hit ATH and i CAN SEE A BULL FLAG HERE !!!
If price does not break given Stop Loss level, then it can create a big move so don't miss it its a very low risk-based entry and higher rewards Friends Supply and Demand is issue now with BTC price it had HIT ATH and now retrace more then 14000$ its time to buy Halving did not creat any panic selling pressure as it had created in previous halving because its not 2010 or 2011 world now knows BTC is best asset which will kill inflation and its a Digital Gold many more things is there for bullish in BTC we are long term Bulls on BTC but these levels are important Its just a Trade Idea Share Ur thoughts with us it help many other traders
Btcusdforecast
BTC Pullback, Road to 50kSimple trading - Lower lows and lower
Key idea: If BTC can hold below 67k, this would create a lower high. A potential major SELLOFF
BTC is currently trading in a bear market on the smaller timeframes. With the BTC halving on the way, it's clear as day that BTC will not hold above 70k.
So to capitalize on the 3rd red weekly candle, we are looking to see if BTC will make one final pullback to the upside. It's fair game for BTC now that we enter the weekend break. if this is a pullback, now is the time to rise. Pay attention to the price level at 67000. This is the final resistance before BTC flies to a new ATH. As long as we reject this level we will continue to SELL.
Currently in a buy at 63258
Stoploss in profit
TP 66900
The SELL (new chart will be posted)
Around 65k-68k seems like a good range for the price to break out. Wait for bearish candles and look to sell
BTCUSDT Short idea Hi dears, i thinking that BTC pulled back pretty enough after strong sell, and i expected that from here around 65000, maybe with another leg up to 66200 we will gona drop again. I assume 58000-58500 can be good point to check situation for closing short for another bounce up and looking for another short entry after bounce back.
I still believe that swing term goal for correction is 52000k - major support.
BTC NEW BUYING ZONE FOR ATH TILL 80K$HELLO TRADERS
As I can see #BTC is now trading @ 70K$ time of posting this trade idea we are expecting BTC can make a new all-time any time before Halving Friends its trading now above a local trend line and holding above 70k$ which is a support now we are buying from 64K$ as you can see our pervious posted analysis risk reward ratio is great on this trade there is many fundamental reasons behind this trade it's just a trade idea show Ur thoughts with us
Stay Tuned for more updates!
BTC uptrend.When this MA crosses that MA, it could be a signal indicating a potential change in trend, thereby providing you with a good entry opportunity.
The price quickly moves upwards after breaking above the upper edge of the rectangle. If we have a buy order placed at the upper edge of the rectangle, we have made a profit. Just as the rectangle declines, here, once the price breaks out, it will move a distance equal to the width of the rectangle.
BTC Market Insights: Expert Financial AnalysisIn today's financial landscape, Bitcoin (BTC) continues to capture attention and spark discussions among investors worldwide. As a seasoned financial analyst, I bring you insights into the latest developments shaping the BTC market.
Bitcoin's recent price movements have been dynamic, influenced by factors ranging from institutional adoption to regulatory shifts and macroeconomic trends. Understanding these dynamics is crucial for investors seeking to navigate the volatile cryptocurrency market.
In this analysis, we'll delve into key indicators and technical patterns driving BTC's price action. From support and resistance levels to market sentiment and fundamental drivers, we'll provide a comprehensive overview of the current state of the BTC market.
Additionally, we'll explore emerging trends and potential catalysts that could impact Bitcoin's trajectory in the coming days and weeks. Whether you're a seasoned crypto trader or a newcomer to the space, this analysis aims to equip you with valuable insights to make informed decisions in the ever-evolving world of digital assets. Stay tuned for a deep dive into the BTC market and actionable strategies for navigating its fluctuations.
Bitcoin Analysis: Facing Key Decision ZoneAs seen in previous analyses, we have reached and broken the target ($67,000). We are now operating in a pivotal zone that could either continue selling and break the rectangle from the bottom towards $63,000, or break it from the top and rise back to $67,000, which has now become a resistance zone after previously serving as support.
As indicated by technical analysis, clarity will emerge after this brief pause, especially as the new day's opening candle approaches, revealing who will dominate this challenging zone.
I wish you success in your decision-making and finding the right place at the right time, and I hope this analysis proves helpful to all.
Decrypting Bitcoin: Insights from a Financial ExpertIn the fast-paced world of finance, few assets have captured the imagination and sparked as much debate as Bitcoin. As a seasoned financial expert, exploring the intricacies of this digital currency unveils a narrative brimming with innovation, volatility, and transformative potential.
Bitcoin's Genesis:
Born out of the aftermath of the 2008 financial crisis, Bitcoin represents a radical departure from traditional monetary systems. Its decentralized nature, underpinned by blockchain technology, challenges the status quo of centralized banking and heralds a new era of digital finance. With a fixed supply and transparent ledger, Bitcoin offers a glimpse into a future where trust is decentralized and censorship-resistant.
The Rise of Digital Gold:
In an era plagued by economic uncertainty and fiat currency debasement, Bitcoin has emerged as a digital counterpart to gold. Its properties as a scarce, fungible, and portable asset have attracted the attention of institutional investors and retail enthusiasts alike. With a growing recognition as a store of value and a hedge against inflation, Bitcoin's ascent from obscurity to prominence underscores its disruptive potential within the financial landscape.
Navigating Market Volatility:
Despite its growing adoption and mainstream acceptance, Bitcoin remains susceptible to bouts of extreme volatility. Price fluctuations, fueled by market sentiment and regulatory developments, are characteristic of an emerging asset class navigating uncharted waters. However, for astute investors, volatility presents opportunities for profit and portfolio diversification, provided they possess a robust risk management strategy.
Democratizing Finance:
Beyond its role as a speculative asset, Bitcoin holds the promise of democratizing finance and fostering financial inclusion. By circumventing traditional banking infrastructure, Bitcoin provides individuals in underserved regions with access to a global financial network. Moreover, its open-source ethos has spurred innovation, giving rise to a burgeoning ecosystem of decentralized applications and financial services.
Harnessing the Potential:
As financial professionals grapple with the complexities of digital asset management, Bitcoin offers a compelling avenue for portfolio diversification and risk mitigation. Whether embraced as a long-term investment or utilized for speculative trading, Bitcoin's asymmetric risk-reward profile presents opportunities for savvy investors to capitalize on market inefficiencies and emerging trends.
In conclusion, the evolution of Bitcoin represents a convergence of finance, technology, and socio-economic change. As a financial expert, deciphering the intricacies of Bitcoin unveils a narrative marked by disruption, innovation, and transformative potential. Amidst the flux of market dynamics, Bitcoin stands as a testament to the power of decentralized finance and the democratization of wealth creation.
BTC up trend!Bitcoin (BTC) surges as cryptocurrency momentum strengthens. Amidst growing investor interest and positive market sentiment, BTC experiences significant price gains. Analysts attribute this bullish trend to increasing adoption, institutional investment, and favorable regulatory developments. As BTC continues to ride this wave of momentum, traders and investors capitalize on the upward trajectory, anticipating further price appreciation. Join us as we explore the dynamics driving BTC's ascent and its implications for the broader cryptocurrency market.
BTC_ETH_WAVES - bull setup all the information he said in the video.
if you like the idea, please "Like" it. This is the best "Thanks!" 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 please yourself and your friends.
Say hello to $92KWhen the image becomes reality!!
Search the entire trading view, see which trader can analyze like me and predict the price jump of Bitcoin to 61,000, with only one scenario!!
So, this is a very good reason for you to follow me, if you want to be added to my special channel (monthly fee of 110 dollars) send me a private message.
Well, as you can see in the new analysis, we are now at a major resistance, so we can consider that Bitcoin can move a little lower to the sema, but this should not cause you fear, because it is still at my target, which is $92. It will move (sooner or later) hopefully don't miss this great profit.
BTCUSD READY FOR FLY TO 54K$HELLO TRADERS,
As i can #BTC has done a retracement of 9k$ and now created a Double Bottom Its a strong support zone too for BTC & it's now testing the Trend line also so technically it's a great area for buying BTC with a small risk al looking for a huge rewards friends EFT and many more things are happening around the world for Crypto Legalization. fundamentally it's also a bull run for Crypto Currencies. have look on our previous analysis for Short on BTC almost achieve all give TP, s chart is attached in comment. Friends it's just a trade idea on base of technical analysis kindly share Ur thoughts with us on this pair it helps us all.
STAY TUNED for more updates.
Bitcoin factor indicator accuracy is 83%
BITSTAMP:BTCUSD
The Bitcoin is entirely speculation? Fundamentals support the price of it?
The Bitcoin is not entirely speculation, it is the price of the fundamentals.
The Bitcoin factor indicator is calculated by Bitcoin fundamental factor, it can reflect how much of the Bitcoin price is supported by the fundamentals.
The green line is the Bitcoin factor in the chart, the trend of it are in conformity with the price, the orange line is the yearly correlation coefficient between the Bitcoin price and the Bitcoin factor, most of the time in the vicinity of 0.8, shows that the Bitcoin prices are mostly by the Bitcoin factor influence.
Yellow line is Bitcoin forecast price, the Bitcoin factor, and the linear regression method are used to calculate. You can see, the prices fluctuating around the predicted price, it is in line with the principle of price fluctuates around value.
The purple line is determination coefficients (R2) of 10 years logarithmic Bitcoin predicted price, which represents the prediction accuracy, the value of 83% in November 2, 2021.
The blue line is warning index, which swings between -1 to 2, red background when early warning index greater than 1.4, the price in the peak, said green background when early warning index is less than -0.4, the price in the trough.
On November 2, 2021, the early warning index of 1.73, in the red background area, shows that the Bitcoin price at peak, please pay attention to risk.
7 yearly total return 101, max drawdown 35%BITSTAMP:BTCUSD
Can't you invest Bitcoin for it's price fluctuations too big ?
I backtest the Bitcoin long-term strategy using historical data in 7 years, total return is 101, maximum drawdown is 35%, annualized sharpe ratio is 1.99.
In the chart above, the yellow line is the net value of account, $10000 in the January 1, 2015, to 1.02 million dollars in November 3, 2021. I backtest from 2015 because before 2015 the Bitcoin price fluctuations is much more than it after 2015, the Bitcoin price fluctuations decrease year by year, it is unlikely to have so big fluctuations in the future.
The red line is the total return, its value in November 3, 2021 is 101 .
The green line is the sharpe ratio, its value in November 3, 2021 is 1.97.
Blue line is the factor indicator, I start to buy when it is less than -0.33, and open positions for 10 days. I start to sell when it is greater than 0.4 , and close positions for 10 days. My last article "Accuracy of the Bitcoin factor indicator for 10 years is 83%" was introduced in detail. In the November 3, 2021 it has a value of 1.76, it is the maximum during the period of the backtest. Please pay attention to the risk.
Olive green line is annual return, its value in November 3, 2021 is 97%.
Yellow line is the proportion of positions, a maximum of 1, minimum value is 0, this strategy doesn't use leverage.
Purple line is the ratio of the maximum drawdown, the background is red when maximum drawdown ratio is greater than 30%, in the July 16, 2017 it's value is 35%.
In strategy tester overview, the number of transactions is 62, winning percentage is 100%, the average rate of return for trading is 163%, the average holding time was 426 days.
This strategy is suitable for ordinary investors, is a weapon to realize the freedom of wealth.
Are you a registered TradingView user? If you are not, please register .You and me all get up to $30 each after you upgrade to a paid plan.
New Bitcoin factor indicator accuracy is 92%BITSTAMP:BTCUSD
How much the Bitcoin fundamentals can explain the price of the Bitcoin ? My latest research shows that the new Bitcoin factor can explain 92% of the the logarithm of Bitcoin price.
The Bitcoin factor indicator is calculated by Bitcoin fundamental factor, it can reflect how much of the Bitcoin price is supported by the fundamentals.
The green line is the Bitcoin factor in the chart, the trend of it are in conformity with the price, the orange line is the correlation coefficient between the Bitcoin price and the Bitcoin factor in the 10 years, its value in November 5, 2021 is 0.95, shows that the Bitcoin prices are mostly by the Bitcoin factor influence.
Yellow line is Bitcoin forecast price, the Bitcoin factor, and the linear regression method are used to calculate. You can see, the prices fluctuating around the predicted price, it is in line with the principle of price fluctuates around value.
The purple line is determination coefficients (R2) of 10 years logarithmic Bitcoin predicted price, which represents the prediction accuracy, the value of 92% on November 5, 2021.
The blue line is factor indicator, which swings between -1 to 2, red background when early warning index greater than 1, the price in the peak, said green background when factor indicator is less than -0.6, the price in the trough.
On November 5, 2021, the factor indicator of 0.82, is near of 1, shows that the Bitcoin price is near of the peak, please pay attention to risk.
Are you a registered TradingView user? If you are not, please register
.You and me all get up to $30 each after you upgrade to a paid plan.
10 years total return 23K, max drawdown 41%BITSTAMP:BTCUSD
Can't you invest Bitcoin for it's price fluctuations too big ?
I backtest the Bitcoin long-term strategy using historical data in 10 years and new Bitcoin factor indicator, total return is 23K, maximum drawdown is 41%, annualized sharpe ratio is 3.27.
In the chart above, the yellow line is the net value of account, $10000 on October 1, 2011, to 230 million dollars on November 8, 2021.
The red line is the total return, its value on November 8, 2021 is 23269.
The green line is the sharpe ratio, its value on November 8, 2021 is 3.27.
Blue line is the factor indicator, I start to buy when it is less than -0.8, and open positions for 5 days. I start to sell when it is greater than 1 , and close positions for 5 days. My last article "Accuracy of the new Bitcoin factor indicator for 10 years is 92%" was introduced in detail. On November 8, 2021 it has a value of 0.84, it is near to 1.Please pay attention to the risk.
Olive green line is annual return, its value on November 8, 2021 is 1.7.
Yellow line is the proportion of positions, a maximum of 1, minimum value is 0, this strategy doesn't use leverage.
Purple line is the ratio of the maximum drawdown, the background is red when maximum drawdown ratio is greater than 40%, on Febrebry 18, 2012 it's value is 41%. The maximum drawdown ratio is decreasing year by year, it' max value in 2021 is 25% on January 27, 2021.
In strategy tester overview, the number of transactions is 31, winning percentage is 100%, the average rate of return for trading is 750, the average holding time was 599 days.
This strategy is suitable for ordinary investors, is a weapon to realize the freedom of wealth.
Possible scenario Bitcoin BTC price movement for February 2024In February, trading in the BTCUSDT pair started at around $42,000.
This value is approximately in the middle of the trading corridor with critical limits of $39000-39500 and $44250-44750
If you look at the left corner of the chart, you will see a table that shows that statistically, February is "green" for the BTC price
Only February 2020 "subtly hinted" at how tough March 2020 will be. Those who survived this period with their deposits definitely got goosebumps at the mere mention of it...)
And yet, it was exactly 4 years ago, before the previous "BTC halving"
We have depicted the approximate possible movement of the BTCUSDT price for February on the chart. Particular attention and important trading decisions will need to be made when the Bitcoin price is near the critical limits of $39000-39500 and $44250-44750
What is your bet? Will February be green or red? Where will the BTCUSD price go to 52000 or 32000?
Write everything in the comments!