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Btcusdidea

BTC: ALL WE NEED IS A RETEST AND NOT A BREAKDOWN.Welcome folks to this new update on BTC/USD in 4 hours timeframe. I post ideas related to cryptocurrency which are purely based on technical analysis. I also provide trade setups for scalping, mid-term, and long-term holdings. We trade in different exchanges like BInance, Bybit, gate.io, kucoin, etc. We use margin, futures, isolated, and spot trading. So, feel free to follow me for the latest updates. Alright, let's get back to the chart. We have seen some positive moves coming in on BTC lately. The daily close for BTC was at $31726 which was perfect for the upcoming expected rally. In a higher timeframe (1 Day or 2 Days chart), BTC is most likely to bounce back and in a lower timeframe like 4 hours, BTC should show some retest. The clear reason for the retest is the RSI. The RSI is in the overbought zone which needs to come down. Honestly, I will be delighted if BTC rallies further from the current level but if BTC is aiming for a sustainable bullish rally then it must show some retest at around the $30.4k level. What do you think about the greens on BTC? Do you think it will sustain or is it just a trap? Share your views in the comments. Like and follow as always. Thank you, guys.
BITSTAMP:BTCUSDLong
by Dexter_The_Trader
2
BTC weekly update: which pathway ?BTC / USDT On weekly view BTC is bouncing from 200W EMA and currently is retesting the previous strong S/R This area mainly for watching Scenario 1: Breakout Make strong breakout and close weekly above 36k then we can see new bullish move again Scenario 2 : bearish retest If we see strong rejection here with loss of 28k again this time i think we will head much lower levels Based on reaction here we will know the next move What do you think the most possible scenario ? Share with us in comment section below
BITSTAMP:BTCUSD
by Babenski
21
BTC TO 10000 - 11000 INCOMINGHi there, If we analyse the peaks and retracement in the past, we see that everytime BTC spikes it eventually retrace 100% back down. First major spike in 2017, then in 2018 it went back to its previous value Second spike in 2019, then in 2020 it went back to its previous value. 100% ish retracement Then in Oct 2020, it got very bullish then went all the way to 60000 of course it retraced 50% - 60% before going to 60000. So now it is bearish, we should expect it to go back to 100% retracement i.e. price before Oct 2020. BTC down to 11000 $$$
BITSTAMP:BTCUSDShort
by PositronXY
13
BTC UPDATE: CAN WE EXPECT A RALLY TOWARDS THE NEW ALL TIME HIGH?Welcome dear members to this important update on BTC. I hope your weekend was good and you are keeping well. I post ideas related to cryptocurrency which are purely based on technical analysis. I also provide trade setups for scalping, mid-term, and long-term holdings. We trade in different exchanges like BInance, Bybit, gate.io, kucoin, etc. We use margin, futures, isolated, and spot trading. So, feel free to follow me for the latest updates. Let's get back to the chart. BTC has been a surprising subject to analyze and discuss. The current move and TA on BTC are creating suspense for the entire market. Many traders including me claimed that we are in a bear market (as per the weekly and monthly chart) and the market is supposed to go down but what if we are wrong? What if BTC is preparing for a new all-time high when everyone is expecting it to drop below $20k? Don't get me wrong, I am not trying to manipulate your mind but I am just trying to bring forth the genuine questions that are on my mind right now. It is confusing yet exciting. The way BTC is holding the $28k level and the USDT.D is getting rejected in the 3 days TF, I am forced to question myself. Currently, BTC is strongly holding the $28k support range which is maintaining the positive vibe of a bullish rally. If BTC is going to rally higher then we can expect a rally between $37k to $40k. And if BTC manages to break the $45k range then a new all-time high is possible. Break down below $28k will invalidate the expectation for a new all-time high. Let me know what you think about BTC. Do you think we can witness a new all-time high or it will drop below $20k? Do like and follow. Thank you.
COINBASE:BTCUSDLong
by Dexter_The_Trader
4
♦️#BTC weekly close ♦️#BTC weekly close in just an matter of an hour here. Close above $30000US will be bulllish in the immediate short term for next coming days volatility to the upside chasing resistances at ranges 34_37k dollars US. 13 hours ago BTC on the other hand playing below the significant support level 30k regaining the support and flipping it can change the game here on the short term. As there is bullish divergence on RSI and MACD also BTC getting above 20MA will be a bullish signal targeting the 34-37k ranges which are resistance above. Do keep in mind we are still in a bear market and these bullish divergences can be negated if Bitcoin breaks further down.
by UnknownUnicorn39416474
BITCOIN EXCLIUSIVE UPDATE!!! MUST READ.Bitcoin long-term update: Welcome member to this exclusive update on bitcoin. In the past, we have witnessed some amazing bullish rallies and some devastating falls. Many traders made fortune out of crypto and many lost their good chunk of money in crypto. Out of all, Bitcoin stood out strong in all the circumstances. Back in December 2017, a drop from $19666 to $3122 was shattering. Many traders lost their hope of making fortune in crypto. But who would have thought that $3122 would be the bottom level from where BTC was going to make a new all time high record, a new history in a digital world. It was back in December 2018, BTC after hitting the $3122 bottom, BTC rallied its journey towards $69000. A record-breaking bullish rally that took the crypto market to a next level. And guess what, many experts claim that this isn’t the true potential of BTC. It holds the potential to go beyond $100,000 USD and compared to the past rallies, I sure don’t doubt it. So, coming to the current scenario, as per the backtesting, it is possible to see a small jump coming in BTC soon and then possibly a drop towards the lower support level (close to $13k). This jump will be around $35k to $40k. Now, the question that arises here is, if BTC reaches the $13k support zone after the jump, will that be the same rock-bottom from where a rally towards the new all time high will begin? Well, technically that's the level I am expecting but we will get to know it when the time comes. Someone rightly said, “The Bear market can make you rich” but only if you know the right time to accumulate the coins at the bottom. It is also true that when you think you bought the dip, it keeps on dipping, lol! This is the ugly truth about the market. Anyways, that’s enough pep talk. I will end my case study here and will update more in the coming days. Till then take care and trade safely.
BITSTAMP:BTCUSDShort
by Dexter_The_Trader
13
BTC UPDATE: STILL HOVERING AROUND THE $28K TO $30K RANGE.Welcome traders to today's update on BTC. Let me keep it short and simple. We saw a nice drop on BTC in the last 24 hours but it recovered soon leaving a long wick behind. Once again BTC got rejected from the 21 MA resistance ($29500) and it is setting down towards the $28k support level. Like I said before, until and unless BTC breaks the $30k resistance, we are not gonna witness any bullish rally (be it for a short-term) and until and unless BTC breaks down below the $28k support level, we are doing okay.
BITSTAMP:BTCUSD
by Dexter_The_Trader
2
BTC: AT THE RESISTANCE LEVEL!!!Hey guys, welcome to this BTC update. BTC bounced back from the support level, not exactly from the support but close to it. If you have entered into BTC at around the $28.8k range then you are around 5% up without any leverage. Currently, BTC has strong resistance at the $30.2k level and if BTC manages to break above this level then we may see some good moves coming in. Rejection will be disappointing but it can give another chance to re-enter at the lower support level ($28k). I am holding a small portion of BTC and if it gets rejected back to $28k then I'll accumulate more. A rejection and close below $28k will be an exit sign. Trade safely.
BITSTAMP:BTCUSD
by Dexter_The_Trader
2
BTC: We remain bearish territory?!!Bitcoin Intraday - We look to Sell a break of 28785 (stop at 29436) Primary trend remains bearish. A break of bespoke support at 28800, will open an aggressive bearish move. Daily signals are bearish. There is no clear indication that the downward move is coming to an end. Our profit targets will be 27207 and 26807 Resistance: 30000 / 31000 / 32000 Support: 28800 / 27700 / 27000 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:BTCUSDShort
by VantageMarkets
5
Is this divergence relevant and BTC will pop?As we all have noticed, recently, BTC is strongly correlated with the stock market, and considering this correlation a true one, one may wonder if the recent divergence is of any relevance? What I mean by this is that looking at the Nas100 chart above we can see that recently, although Nas has made a new low, this was not followed by BTC. Considering that I expect the recent breakdown of support for Nas to be a false one and the index to correct higher could this translate into a pop in BTC's price? More, looking strictly at BTC's chart we can see that after the 25k low, the price is consolidating and is trading in a range between 28500 and 31k A correction in indices could lead to gains for BtcUsd and this can mean a break above 31k resistance. In such a case, BTC can accelerate its gains towards 36-37k horizontal resistance. That being said, I'm bullish BTCUSD at this moment and I will remain so as long as the range's support is intact
COINBASE:BTCUSDLong
by Mihai_Iacob
9
Bitcoin bottoms upAs we all continue to look for a price bottom for #Bitcoin #BTC I have been looking at some alternative indicators One which I found interesting is Ben Cowen's risk indicator which, if history is to go by, has done a pretty good job of indicating the bottom whenever the indicator has turned bright purple falling below 0.20 This has not happened yet which possibly suggest more downside before we see a 'bottom' and I will personally be waiting for this indication before buying Something you will notice is the indicator does not remain below 0.20 or bright purple for long so this will be something that needs to be monitored closely It has also done a good job of identifying the tops and good times to sell whenever the indicator turns yellow/red or goes above 0.80 As always leave a like and let me know what you think
BNC:BLX
by jamesdbarnard
Bitcoin- What I would like to see to open a trade (buy or sell)Yesterday I said that BTC doesn't show any power to the upside, but, even if I'm bearish overall, let's be honest, bears are also dead and lack conviction. So, at this moment, I sit and wait with a clearlettingin my mind: 1. Bullish scenario: What I would like to see for opening a buy trade is a false break under the range's support (28.500) and a strong reversal back inside the range and above 30k. That for me is an indication that bulls are not letting Bitcoin drop and this is accumulation. 2. For a sell trade: Would be exactly the opposite, a false break above 31k resistance and a quick drop around support. That for me is a sign that this was distribution. For the obvious reasons, I will not trade the break in Bitcoin's case at this moment
BITSTAMP:BTCUSD
by Mihai_Iacob
20