Get started

Btcusdforecast

Levels and Price projections for BTCSo far we did not lose 12.618 fib and a level on a daily close. If that happens, there is a few stuff pointing us to around 15K for start. 1. Fibr Price Projection pattern fibs are 6.618, 9.618, 12,618, 16.618, 22,618... There if we lose 12.618 there is a big probability that we will retest at least around 9.618, and then if that happens, we need to see do we hold and gain something, or continue losing support. 2. 2-day Time Frame has multiple drives of Berish divergence on RSI (I know most of us don't like it, but the divergence is something I see big statistical win rate, so I am looking at them). And Volatility is coming up, so statistically speaking we have around 69% chance to test around 15K (and possibly lower). 3. 5-day stochastic will turn down today if we don't close above 21900+-, and it will fire a similar signal as 2 days, with a similar downside expected (in bigger and of statistics we could see even 12K+-) Don't forget, we can fix all of this f we gain level to the upside I put the yellow box on. It needs to close daily, and I would prefer an even higher Time Frame so we can see up the trend again, fill the gap on CME and do some stuff. And this means, that nothing is 100% certain so be safe, whatever you do and whatever you expect, I am just bringing up some statistics from the past. This is not financial advice, DYOR, I am just bringing what I see on the chart and my personal opinion, with a bullish and bearish scenario.
BITMEX:BTCUSD.P
by SasaT4NG
BITCOIN: THIS IS IT.Hello guys, welcome to this BTC update. The weekend went well but the beginning of the weekdays went wrong. All this was expected and you knew it if you followed my ideas. Anyways, here's a quick analysis of what could happen next. Recap: In our previous update, we discussed how important the current support level is and as it is still holding the support, we still have that one chance to bounce back. Update: We expected and it happened. BTC is once again back to the same support level and this time it is under the descending triangle formation. Things are pretty clear here for both negative and positive impacts. Positive Impact: If BTC can hold this support level then we can expect a bounce back soon. Maybe a quick drop towards the $17.6k level. Negative Impact: If BTC breaks down and closes below the current support level then the descending triangle will play its part. That's it from my end for now. We will wait for now. Do comment your ideas and analysis in the comment section. Thank you for supporting.
by Dexter_The_Trader
8
Bitcoin channels support and resistance, longtermAs you can see, BTC is back at the bottom of a confluence of two long term support lines, $20k now is the same as $10k from a few years ago. I'm expecting a bullish break out soon to cross above the red downtrend resistance line and retest the top of the current black channel it is in to $40k, the chop sideways in the channel until 3/2023 - 5/2023 which is approximately 1 year prior to the next halving. The lame duck democrats will boast about how they controlled inflation, the USD will drop and risk on assets will be favorable, especially BTC and altcoins.
BITSTAMP:BTCUSDLong
by CryptoChartistry
2
BTC/USDTreferring to waves analysis the price will go down to complete the last point "C" from ABC will give us the falling wedge pattern, however, the divergence will occur between A and C that may confirm this bullish pattern, by then the price will start to change the trend slightly to move up and complete the future pattern. as a daily trader, you are at the best moment to put your sell order but, if you are waiting for a buy order, you should be patient until the price hits the C point then you put your buy order after any coming confirmation.
by alkantaraz
BITCOIN: MOMENT TO DECIDE.Hello traders, it's an honor to pen down my analysis on BTC in 12 hours timeframe. I hope this update will be helpful for you all. Update: BTC has been making a negative move in the last few days. From a straight pump of +23% to a quick drop of -16%, all in the span of 10 days. Things took a dramatic turn on BTC but it is not quite a surprise cause BTC is used to being dramatic. The entire market is talking about the bearish sentiment, some predicted BTC to drop by $10,000, and some by $3000. Even I analyzed that if BTC drops below the current support level in a higher timeframe then it may reach down to the $12k where we have the 2nd support level. The interesting thing to notice is the volume spike which is increasing whereas the BTC price is decreasing. As BTC is still holding the $19k support level, there could still be a chance to bounce back. I clearly understand that we are in the bear market and BTC can go further down from its current price but still, it is worth considering the current support level. Until and unless BTC is holding the present support level, I am positive about BTC. If BTC breaks and closes below $19k, I will for sure wait for the strong buyback level and trade accordingly. It is indeed a moment to decide on BTC. Note: I am not talking about the bull run here, I am talking about BTC sustaining the $19k support level and bouncing back to a decent level in a lower timeframe. What is your viewpoint on BTC? Do share your ideas in the comments. Thank you for reading. God bless and trade safely.
Long
by Dexter_The_Trader
12
BTCUSDT 12h Such situation was already on the BTC chart in 2019A week ago, we already published the idea of ​​BTCUSDT, where we used the Gann box, Fibonacci levels and fractals of BTCUSDT price behavior in the analysis. And today, analyzing the BTCUSD chart, we caught ourselves thinking: "it was already like that" I remembered the beginning of 2019, when there was the same sharp correction of the BTCUSDT price in one day. Further 1-1.5 months of narrow consolidation before the start of the growth trend. In 2019, there was an interesting feature, alts stopped reacting painfully to sharp Bitcoin corrections. At that time, altcoins began to grow and shoot individually. It seems to us that the situation is very similar now, which is why we depicted the fractal of the BTC price movement from 2019 to the current chart. Of course, you can research the behavior of the BTCUSDT price movement and altcoins at the beginning of 2019 and write in the comments whether we are right or wrong _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
28
Bitcoin- A flower doesn't make it springIn my previous analysis, I said that a break above 22k resistance could lead to further gains and a test of the next important resistance at 25k. However, after the break and a local high of 22.700, CPI data from US triggered a massive selloff and Bitcoin dropped more than 10% from top to bottom. Considering this false break, the large bearish engulfing, and the downwards direction of the trend, most probably Bitcoin will break also under 20k soon. In my opinion, this will be Bitcoin's next move and a visit to the 18k previous low is now unavoidable. Sell rallies against 22k is my strategy for BTC for the short term In the longer term, a break under 18k would bring panic into the market, and 12.500 would be in focus next. (Considering my outlook for SP500 and other US indices this is a very probable scenario)
BITSTAMP:BTCUSDShort
by Mihai_Iacob
30