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Btcusdidea

BTC/USDT 1HOUR UPDATEWelcome to this quick BTC /USDT analysis. I have tried my best to bring the best possible outcome in this chart. Hello friends as I told in the previous chat of BTC that BTC goes up from here then it will be right which is going up and now we believe that BTC can go up to 49500k or even above BTC is forming 1 hour cup and handle pattern and triangle pattern is also visible from yellow train line This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
6
Bitcoin- I'm starting to doubt 46kI was bullish Bitcoin and expected it to rise towards 46k resistance. My bullishness, however, has started to diminish with the price hovering around 42500 support and bulls looking very weak The last attempt to rise above 44k was met with selling pressure giving us a lower high in rapport with the previous 45k As I said, 42500 is support and fail from bulls to keep the price above opens the door for a new visit of 40k important figure I'm looking to sell rallies from this point on
BITSTAMP:BTCUSDShort
by Mihai_Iacob
54
btc try some risky long Situation is not very clear but still im in favour of long now I see some significant inflows to exchnages so someone will be selling good chunk of BTC now around 6000BTC its still less as 2 days ago outflow at 24000 so I expect some down move to 40770 which is support and last fib uptrend line from recent uptrend if you really want as last chance we can try 39650 few days ago there was strong bounce from this level and it was also spetember low after which we had mega nice bull run so 2 entries 40700 39650 SL 500usd TP at 43900 when reach 43900 close half trade and rest trailing with 2000usd SL its always good to react and update based on situation
Long
by dzoniijcrypto
Bitcoin- New leg up coming?As I said yesterday, although we are in a downtrend since November's top, at this moment Bitcoin can take a pause and correct some of the drop. Also, I've mentioned 42500 as a support zone and that the cryptocurrency needs to stay above this zone in order to maintain this scenario intact. At this moment we are exactly in this support and there is a high probability for a new leg up that can reach the former support now resistance at 46k A buy here can also have a very good R:R, while a daily close under 42k would signal that the correction is over.
BITSTAMP:BTCUSDLong
by Mihai_Iacob
11
Bitcoin- Bulls need to maintain 42500 intactAlthough I'm holding a buy position at this moment on BtcUsd, one thing is clear in my mind, I speculate on a correction to the overall trend, which is down. Yesterday, as expected, Bitcoin has broken above 42500 resistance and looks like it wants to challenge 46k important one. As long as 42500 is intact I will maintain my bullish bias and speculators can search to buy on weakness. On the other hand, a daily close under 42500 zone will signal that the correction is over and Bitcoin can dive even under 40k this time
BITSTAMP:BTCUSDLong
by Mihai_Iacob
Bitcoin- Correction time?In yesterday's comment, I said that the selling pressure for Bitcoin evaporated and a relief rally could follow. At this moment this scenario is more and more probable with the cryptocurrency breaking above the last range's resistance. For continuation, bulls need the price above 43k and in this instance, the read is pretty clear to 46k strong resistance. Bitcoin back in the previous range would delay this scenario and a negation comes if we have a break under 40k. I'm bullish for now.
BITSTAMP:BTCUSDLong
by Mihai_Iacob
13