Get started

Btcusdforecast

BTC is on the way to the 20k target - 19700Im mostly crypto holder, not a trader. I went long with some big coins when BTC was at 26-27k on the first fall, was hooping to see 35k before lower. But as everyone knows hop is not a trading tool and no one should trade on any hope! So all my coins are staked, obviously all is well under the water. I dont use leverage on crypto, as crypto volatility is not mine. What we can say from this chart, we had a time correction up, which was in a very tight range, never hit anything above 32k and broke down through all the important supports. I would not touch this till at least it hits 20k level, fibs suggest 19.7k BTC should have its own summer rally together with the markets, so my 35k might come but after the 20k visit, no the opposite I was expecting.
CME:BTC1!
by RealTima
1
BTC Supports On Price Theory. BTC continue Going Down. And Everyone Ask Where is the Bottem. I have posted already the Time Theory Chart. And Now have Calculated the Price Theory Chart That Show All The Point Where maybe The Bottam. The First One is 20985 and The Date are From 13 To 16 June. So We hope that The First one Is Realy Bottam. I am Not A Financial Adviser. And This Is not A Financial Advice. And All Cherts Are Just My Study. So Please Do Your Own Search before open Any Trade. Aprox. All Crypto Currencies are Correlated to BTC . So If There is a Big Dump in BTC . All alt coin go down with it. Without Respecting any Technical Analysis If You Like My Work Just Come and Join Me. Not A Financial Advice
Short
by MoonTradingForecast
BTC (My long-term view)BTC / USDT Bitcoin is still following my first plan , posted here: Since last November BTC price is trading inside giant falling wedge which mentioned before In small time frames we can see potential bearish pennant under formation which mean we have high chance for another drop WHAT NEXT ? I expect the market to move sideway up and down in next days (between 28k to 33k) before another breakdown and this time my target will be 24k-21k (potential bottom) After that …we will watching the major trend line resistance for any breakouts for the start of new bullish rally , based on my view i think bullish market will start in August NOTE : if major trendline got a breakout first then the lower targets will be invalidated FINALLY : this is my own long term view based on signs/ chart and my thoughts/ experience… could be true or wrong so always DYOR Don’t forget to like and share for more analysis
by Babenski
34
BTC is closeFew days ago I have posted a chart looking at the possible move of BTC in the short term. If you have seen the post then you were expecting this already. Now this one will be simple and painless. You can see the trend channel BTC is currently following in its downtrend. You can also see the various Fib levels, from the targets of the EW analysis from back in January and to the retracement levels typical of wave 3 and Dow theory. We are in bottom territory, volatility will shrink soon in the next few days, probably just before the FOMC meeting. BTC has now tapped the 200WMA which was also highlighted as a target previously. I can still see a week to touch 20-21 k. I am now waiting for the market to give the signal and settle in. Whether I think is the bottom or not is irrelevant until the markets will give us the signal. My opinion? Yes we are getting there. Any sign? not yet. So let's wait and see. In the meantime a divergence has unfold in the traditional market which could be a bullish sign. The SPY has made a new low but the Russel 2000 has failed to confirm and print a new low. This is potentially bullish, however is very early stages. FOLLOW ME for more updates, SHARE, LIKE and COMMENT
by CFcryptoTA
BTC target $36,653 or $25,218BTC has been consolidating in symmetrical triangle for last 1 month and still there is more room to consolidate further. Upon breakout and retest from triangle, Technical target of this pattern is $36,653 and upon breakdown and retest we can see the target of of $25,218. So right now BTC is ranging in purgatory. There was a wick down on 12th may towards $26,702 but price went back up so right now BTC is in state of wait and watch. Don't take any positions until we have clarity plus weekend is here so expect some choppy movements.
by NasirCrypto
4
Analysis of the BTCUSDT price, BTC and USDT Dominance, Alcoins Today is a painful, but still important day for the crypto market. Tonight, the price of BTCUSDT without special anomalous volumes updated the May minimum and now sets the current price minimum in 2022. At the same time, this fall completely filled the GAP $23,800-26650 , which reminding out of myself since the end of December 2020, the mission is complete. The price BTCUSD also broke the parabolic growth trend, which lasted more than 3.5 years. This is bad news. The most positive option that is currently being viewed is the month of trading the BTCUSD price in the range of $24000-29000 If the price is kept there, then it is still possible of growth with fractal by mid-late November 2022. BTC price increases to $51000-52000 The negative scenario is a continuation of the decline and possibly even on larger volumes. The nearest BTCUSDT price support zones below are $20-21 thousand and $14-15k. By the way, I wonder if The Block, Microstrategy, EL Salvador, Tesla they sold part of their BTC, which according to official data is already in the fall -20-40% or not? Have you not encountered such information? Share in the comments. Now all the capital on cryptomarket goes to USDT and cash, alts falls many times stronger than the price of Bitcoin Therefore, the dominance of the USDT is growing abnormally. If you will see that the dominance of the USDT has begun to fall, you can try to go a little into the altcoins. Again, the fractal indicates that a mini-alts-season is possible until mid-late November 2022. BTC.D's dominance has also reached a critical level. A drop in this figure may also allow ALTS to breathe fresh oxygen. Ready for a healthy discussion in the comments _______________________________ 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
69
#BTC Current Update! Must Read if you are in LOSS!!BTC DAILY:- Still holding the necessary $28k support, the last hope for the bulls. Break below that level and BTC could reach as low as $19.4k considering the current pattern as a Big bear Flag. However, if BTC manages to break and close above the $28.8 k to $29.3k by the weekly closes we can expect some green weeks ahead. Firstly the $32k level needs to be taken by the bulls. So is it bearish now? Of course, if you see the ltf charts, it's damn bearish. If you think with the logic here, this might be the last sweep before the last rally? Well, honestly IDK. Time will tell. BTC is long long overdue for a green weekly candle. Our job is to wait for the confirmation and take trade decisions accordingly. MY PLAN:- Wait for the weekly close to take any trade decisions. I am not taking any trades in the last 3 months—a few scalps when I see the opportunity. Mostly hit SL. Sign of a bad market! Unless BTC makes a move, it's a wait-and-watch game. BTC has been printing red weekly candles for the past MY MESSAGE TO YOU ALL:- BTC has been trading within this range for the last few months. If you are still hanging there with all the pain you had in the last 6 months, I believe you can make it to the next rally too! So stay strong, and avoid leverage/ futures trades when the market is uncertain. Try to take a break from the screen and spend some time with your family and friends. Your mental health is really very important to have a sustainable career in trading. Focus on your own well-being and start learning new things like TA, FA on-chain, and anything you like, and the money will follow. Making profits is our secondary goal, preserving funds is the priority here. Let me know your thoughts in the comments section. HIt a like if you find this chart idea helpful. This idea is just my view and not financial advice. Thanks for reading. Stay strong #PEACE
COINBASE:BTCUSD
by Cryptorphic
41
Pay Close Attention - Trend Likely to ShiftTrade Safe - Trade Well Regards, Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc. RISK DISCLAIMER Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in Forex you should consider your knowledge, investment objectives, and your risk appetite. Only trade/invest with funds you can afford to lose
BITSTAMP:BTCUSDLong
by Michael_Harding
3
Bitcoin: What is going on?Bitcoin dropped massively over the weekend as well as the whole crypto market. The main question is whether we are frontrunning the stock market (US indexes mainly) ahead of the FOMC or are we trailing the stock market? The latter means we are following the S&P500 instead of frontrunning it. The correlation with the SPX (S&P500) and the Nasdaq is the strongest for Bitcoin and we can clearly see that both indexes dumped hard on Friday after a small relief rally. In the long term there's definitely more pain to come but for the coming week this remains the question. Sure, we we have the Fed meeting (FOMC) this week on Tuesday and Wednesday and the Fed will announce yet another rate hike but how much of that hike is already priced in? This remains the question. Also, the Fed started unwinding their balance sheet, selling bonds instead of buying them - simply said: they are draining money from the market by making loans more expensive and selling bonds. The effect is clear, stock indexes across the globe are hit hard and the crypto is no exception for that. For BTC we still did not fill the whole point of imbalance and right now we should wait to see how the week opens and how the FOMC news will be digested by the markets. Don't try to catch a falling knife! Yet, I did bought my first altcoin already - being the first DCA purchase - so if it drops lower, I will buy more, if it goes higher, I profit. Both scenarios are good and in that way I cover any risk. If you wanna know more about how I approach this market with a long term scope or want to know about my 'composite trading strategy' you can visit the links in my signature field for further information. I'm working on a series that teaches everything you need to know how to trade, mainly focusing at what data you need to look at with regards to market makers, stock market and price action. The series of articles starts at a beginner level and is explained in a simple way, even a child of 10 can understand it. From there on we progress to expert level within a few posts. The first one is up now, so you can start there if you like - I also share all my investments in my newsletter - why I buy, how I buy and how long I hold. Right now, Bitcoin is revisiting the swing low area and the point of interest that has been drawn out on my chart for many weeks now. Me and my community were waiting for this to happen and no one got fooled to buy a local top or to go long at the wrong moment. We did make some trades (on Twitter) and we're successful but only scalps (short term trades). Tonight we will be looking at the weekly open to see where we stand. There are amazing opportunities in the crypto market now, you just need to be clear headed and have basic understanding of what is going on to not panic or get dragged into any hype. Remember, trading is not about drawing some trend lines or patterns, its far complex than that - basic technical analysis is not enough to make you profitable, you need the right data. Links below for further info.
by cryptobullethbtcxlm
5
BITCOIN: THE DIP KEEPS ON DIPPING.Hello traders, Like I said in my previous update ‘the dip keeps on dipping’, well I guess we aren’t in the actual dip. BTC broke down the $28k support range which isn’t good at all. This is brutal for all the traders who went long on BTC and other altcoins and if it was on leverage then God saves them. All our past trades hit the SL and after that, I went to ‘No trade zone’ that’s why I did not post any trade setups. It was just the BTC updates I have been posting. Now, to analyze the current situation, I have this 8 hours chart which shows two support ranges. Support 1 at $27.7k and Support 2 at $25.45k. If BTC fails to hold the S1 level then we may possibly see BTC at S2. A close above S1 or the blue box will be a sign of relief for time being. The RSI is close to the oversold zone, the entire market is red, the F&G index is in extreme fear, the BTC.D is at the peak & the USDT.D is as well. All these indicate a rally to be coming soon. Until then don’t get rekt. Thank you and have a rekt-less weekend.
BITSTAMP:BTCUSD
by Dexter_The_Trader
10
BTCUSD - idea for Sells! if some prices brake on the Monthly TF! Sells! The chart above you will see lines identifying different types of levels I see when the candle closes at the end of the month. If price does not brake the 1st key level this month there maybe some pullback or even a finished the downtrend momentum. After ECB (European Central Bank) president Christine Lagarde confirmed the Governing Council’s intention to raise the key interest rate in July, US inflation rose to a four-decade high in May while a bleak Michigan Sentiment report provided a gloomy outlook for the prospects of economic growth. DailyFX (report) Bitcoin prices dropped more than 6%, outpacing losses on Wall Street overnight, where the Nasdaq-100 Index (NDX) closed 0.74% lower on its first trading day of the month. That price movement shows still-week sentiment across markets, stifled by fears of economic recession amid tightening monetary policy. Still, Federal Reserve officials continued their attempts to assuage investors of those fears. Tom Barkin, President of the Federal Reserve Bank of Richmond, stated, on Fox Business, “you can’t find a recession in the data.” GoodLuck :)
BITSTAMP:BTCUSDShort
by theforexunknowntrader
2
BITCOIN UPDATE: A BOUNCE OR NOTHING.Hello traders, here's an update on BTC. The market dropped and we saw some reds around the corner. BTC is exactly at the support ($29300) and to be bullish again, BTC must bounce back from this support. If BTC breaks down below this level then the only support level I can see is the $28k after which there's literally nothing. A bounce on the other hand will shoot the price up aiming toward the $32k resistance. What's your call you the current BTC price? Share with me your ideas so that we can have a good exchange of ideas. If you like this idea then do like and follow.
BITSTAMP:BTCUSDLong
by Dexter_The_Trader
8