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Btcusdforecast

BITCOIN: A BULLISH RALLY AWAITS!Hello traders, I hope you all are doing great. In this update, I am gonna answer all your doubts related to Bitcoin. Out of all the DMs, I have short-listed three questions, 1) Where BTC is heading next? 2) When are we gonna see a bull run in the market? and 3) What is the support and resistance for BTC? Before we begin, let me clarify that this update is based on my analysis and research. So, do your own research before investing. Alright, BTC has shown some impressive moves last January and it still continues to hold the $23k level. So far, the market has been doing well and we can expect some more positive rallies in the coming days. 1. Where BTC is heading next? Ans: If you check the daily timeframe then you will notice that BTC has broken above the resistance trendline. And in this weekly timeframe, BTC is yet to hit the $25k resistance. So, most probably, BTC should hit the $25k target next. 2. When are we gonna see a bull run in the market? Ans: According to this weekly chat, BTC is already in the uptrend rally and if things go with the bulls then by February to April 2024 we will witness a new all time high on BTC. 3. What is the support and resistance for BTC? Ans: Currently, there are two support ranges for BTC, $18k to $19k, and $16k. Also, we have a resistance of $25k which is crucial for BTC to break above to continue a higher rally. Conclusion: BTC must break out above the $25k resistance in order to continue this uptrend. We might see some corrections in between and I will consider it to accumulate more BTC and other major altcoins. BTC has done it before and BTC will do it again so keep believing and keep improving.
COINBASE:BTCUSDLong
by Dexter_The_Trader
8
Bitcoin Multi-Timeframe Analysis 28.01.Hello Traders, welcome to this free and educational technical analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
by basictradingtv
32
🔥BITCOIN price SP500 FOMC-Fed Funds Rate. Next week will be hotEarlier this week, we published a possible trade for BTCUSDT. It is still in the process of being worked out. The trade was based on the assumption that sellers would make every effort to protect the $25k area from an upward breakout. And it is justified and logical to cover at least part of the long positions in this zone. But looking at the weekly candlesticks, we can see that the growth is only accelerating. If buyers manage to break the stops of shorts above $25,000, this may provide additional fuel for a sharp 1-2 day impulse to the $27500-28,000 area. And after a correction to the $20,000 area is possible, and theoretically, this will not be bad for the future growth trend. We would also like to remind you that on 01/02/2023, the FOMC will meet to announce the new Fed rate. The forecast is +0.5%. It is difficult to predict how the markets will react, but increased volatility in the markets will be guaranteed. And at this point, We would like to remind you that sitting without a position is also a position and perhaps the most difficult position) The SP500 index is on the verge of an upward breakout, but even traders by large companies included in this index are waiting for what the Fed will say. Therefore, in our opinion, it is worth keeping an eye on two possible scenarios. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
47
BITCOIN: GETTING REJECTED.Hello, trades, Dexter here with yet another update on BTC in a daily timeframe. It's the 5th day and BTC just couldn't break the $23k resistance level. If BTC breaks this resistance level then $25k is imminent. But with the recent move on BTC, I assume that it may reject further toward $21.5k and then bounce back or eventually a breakout above $23k. If not then $20.4k-$19k is possible. With the RSI making a bearish move if BTC happens to show some correction then I believe that it will be important for the market and we will soon see a good rally coming in after this correction. If BTC ignores the correction and breaks above the $23k resistance then the rejections will be invalidated and BTC will face the ultimate resistance level of $25k. Let us see what tomorrow will bring. Until then don't get rekt. Thanks for reading. Trade safely.
BITSTAMP:BTCUSD
by Dexter_The_Trader
2
#Bitcoin - Only 88.000 USD possible till May 2025 #BTSUSD!!! Thumbs up and also look at the old linked chart from June 2019 and press "Play"!!!! You will like it, too ;-) The price patterns of the Bitcoin of the past years once again presented as an updated overview. Should the patterns repeat in the same ratio, then I would come to "only" 82,000 USD to 88,000 USD per Bitcoin and no longer to over 100,000 USD with a bull market weaker by a factor of 5 times (417% )than the previous upward movement of 2,089% Greetings from Hannover Stefan Bode
BNC:BLXLong
by StefanBode
6