Btcusdforecast
BITCOIN BTC Bearish Possibility, Not Much To See Here!Has BTC exhausted its recent rally? Top has rounded and formed, Making lower lows and lower highs, Hitting key resistance, Has failed to sustain 50K, Momentum indicators divergent, and could be following my wave analysis for a pullback.
Still need to see price break 46.5k, 42k and 37k in my humble opinion. After that not much stopping it other than 23k and 16.5k
Just a simple idea analysis. Not much to see here.
Always be ready for any scenario!
BTC Weekly Update | Will we wait for a good climb ? (LONG)After many struggles, BINANCE:BTCUSDT (Bitcoin) was able to start a green jump with very good candles.
Goals ahead :
** First - 25,000 is a strong resistance.
** Second - If 25,000 is broken and stabilized, it will have the ability to reach 30,000 .
Simple is better than complicated
Maybe This Way ...
Bitcoin BTC Next MovePair : Bitcoin BTC
Description :
Consolidation Phase in LTF if Breaks the Upper Trend Line then BUY and If Reject then SELL
Divergence
Completed " 12345 " Impulsive Wave and " ABC " Corrective Wave
Break of Structure
Falling Wedge as an Corrective Pattern in Short Time Frame as an Correction in Short Time Frame with the Breakout of the UTL
Bitcoin Idea | The Bulls Attack!For Bitcoin the highest weekly prices are probably $30500.00 and $31500.00.
No further explanation!
⚠️🚨 Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
✅ Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed.
Higher Low RSI Set Up on BTCHigher Low RSI Set Up on BTC .
We have to visit an area that we climbed too fast. I believe it will occur at RSI when we will visit.
Rsi going lower when price going higher is a bullish set-up.
Price can move up without putting any lower low when this happens.
I believe 27.500 then 29000 will come.
Bitcoin BTC price analysis. Why you should be careful ?!The situation in the cryptocurrency market is interesting, as the whole world is watching with fear how American banks are "cracking" - the BTCUSDT price is growing rapidly, and these altcoins are trying to keep up.
We described our main scenario of BTCUSDT price movement and the calendar of "important events" until April 2023 here:
Today we want to share with you our "wave analysis" estimations.
The market is currently at a stage where there is a certain dissonance between the news background and price movements. Therefore, it should be clearly understood that now, and in principle always, we are trading "probabilities", the risks of which are controlled by stop orders!
The golden rule of trading: "The sooner you recognize your mistake, the less you will pay for it from your deposit."
Well:
We assume that the rapid growth of the BTCUSDT price requires correction. We assume that it is still possible for the BTC price to rise to $26790 today/tomorrow.
Then we can expect an equally rapid drop in the BTCUSD price, at least to $21000-21500. Accordingly, we will place the first pending orders to buy BTC and altcoins according to this assumption.
In our opinion, it is in the range of $21000-23000 that the trend of the crypto market price movement for April 2023 will be decided, but we will talk about this in our next ideas.
We are ready for a constructive discussion on wave analysis and the prospects of the crypto market in the comments below the idea. After all, it is in the discussion that the truth is born.
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Bitcoin Idea | bullish to $28700!I think it doesn't need to be explained!!
Bitcoin price in continuation of the weekly upward trend, the price hits the monthly resistance zone.
BINANCE:BTCUSDT INDEX:BTCUSD
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
Has the BTC's decline finally ended?
Following the release of the US NFP and unemployment rate data on Friday, BTC saw a small rebound and is currently trading steadily above 20K. In the short term, it tested support near 19500, and institutional orders continue to suppress BTC prices. Market sentiment remains bearish, and overall trend is sluggish. Some predict that the future trend will fall below 10K, but we will not comment much on these predictions.
As I mentioned in a previous article, I have been buying BTC continuously below 20K, and I am currently making a small profit. However, many traders who are bearish on BTC have questioned my strategy. Unfortunately, currently, 80% of the market does not expect BTC to rise in the future due to the large decline that has caused many to lose confidence and shift their outlook from bullish to bearish. However, what I want to say is that the market can only show you what it wants you to see.
The significant decline is obviously a large-scale sell-off and washout by the main players, hoping to clear out all long positions and wait until the market believes that there will be no more increase before starting to rebound. My strategy is to continue to build up my position at low levels. However, it is clear that the current decline has not ended yet, and there may be another wave of decline to make more people believe in the strength of the bears before ultimately forming a reversal and catching most people off guard. I will continue to update my long-term strategy, which requires a significant amount of capital and a good mindset to follow the main players. You may have a different opinion, but we let time witness the outcome. Please stay tuned, and I will update my strategy in a timely manner.
BTC/USDTBitcoin should have gone down because it had a divergence in rsi and had filled sell orders at 25k and also encountered heavy resistance.
On the other hand, it was very good that the cme chat was also filled.
If he can close today's close candle above the ma 100 curve, he can hope for a rise in the short term, otherwise he can go down to the purple box that I specified.
At the moment, a full 5-wave Elliott pattern has also been observed, but the length of the 5th wave can change.
Bitcoin BTC price trade plan for the weekendThe trading plan for BTCUSDT for the weekend presented today fits perfectly with the concept we presented a week ago on a larger timeframe.
Looking at the chart, we see signs that buyers are weakening. If they fail to fix the price above $24,000 in the coming hours, it will only be another confirmation of our assumptions.
As a result, we expect a zigzagging drop in the BTC price in the coming days. The first target is $23200
The final target for the corrective drop in Bitcoin's price should not be lower than $22050-22550 if buyers still have the strength and desire to continue this year's wave of growth in the coming weeks.
After all, if you look at the BTCUSD chart above on the larger time frame, you can see that the strong liquidity zone is well below $17800-20800
The USDT dominance chart indicates possible growth in the coming days, which means that people can be selling out of Bitcoin and altcoins and enter the stablecoins.
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Bitcoin something here wrongI may be wrong but my opinion is that if bitcoin is to really start a bull run, it needs to claim the $18k era before the $21k era has $16 billion in liquidity. Can be any time field. On the other hand, if there is a strong breakout, which is the $25000 area, Bitcoin must give at least one daily candle close, and then there will be an upward move. Currently, there is a global war environment, so there is a high possibility of a market drop
DYOR
Bitcoin is facing Heavy ResistanceBitcoin is facing heavy resistance which is coming from two sources:
One is the horizontal resistance of 24 to 25k, and the other is the 200 weekly moving average. This means that there is confluence on the resistance side. Not only are we facing resistance, but this uptrend is already lasting for 53 days, making it likely its time for a correction.
Why is this 200 moving average also included? Normally I woudn't pay much attention to moving averages in general, but this one can be special.
In the bull run of 2015 to end 2017, this line was the support line for the whole bull market. This line was also support at the bottom of december 2018 and during the covid crash, making it strong resistance.
Bitcoin BTC price trade and analysis situation on crypto marketToday, we will try to draw up a trading plan for the BTCUSDT pair and the cryptocurrency market in general for the current week.
After BTCUSDT hit a new high last week, sellers tried to push the price down. As a result, the price dropped quite sharply from $25250 to $23350.
The weekend has passed, and it looks like buyers are not planning to give up.
It is very likely that a consolidation trade is taking place now to continue the growth.
Trading plan:
if buyers manage to keep the price above $24000 or breakthrough and gain a foothold above $25200, this is a "strong long" with a likely continuation of growth to at least $27300-27400
if the price is fixed below $24000, the correction will continue to at least $22000, and maybe even lower
The main thing is to wait until one of the conditions is fulfilled and then make a trading decision.
If you look at the ideas that we made last year on big time frames:
Bitcoin & Cryptocurrency results of 2022 and plans for 2023-2025
How much can the Crypto market capitalization grow by 2025🔥?
it seems there is still time, space, and opportunity for continued growth in the near future, both for Bitcoin and altcoins.
What are your thoughts? What will happen to the market this week? Share your thoughts in the comments
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BTC Bitcoin New Week MovePair : BTC ( Bitcoin )
Description :
Break of Structure and Making its Retracement till its Daily Resistance Level
Divergence
Completed " 123 " Impulsive Wave and making Correction for the " 4th " Impulsive Wave
Impulse Correction Impulse
It can Reject from the Current Level or it can Go till the Daily S / R Level