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Btcusdlong

New Upward ChannelDear traders According to the previous analysis, the link of which is available below, we were able to identify the ascending channel of the next Bitcoin cycle. According to what is shown in the chart, Bitcoin has fluctuated in a stable range for about 9 months. In this period of time, we have gone through unfortunate events such as the Luna falling and the FTX exchange. Moreover, the relentless pressures of the Federal Reserve have also contributed to the cause. Now is the time for the cryptocurrency market to come out of its hibernation and show itself. As is evident in the previous cycle (form 4 k to 60 k), at the beginning of the ascending channel, we faced the corona pandemic. At this point in time, the volume of bitcoin transactions increased dramatically and, contrary to popular opinion, an uptrend was formed. We are in a similar situation now. The volume of Bitcoin transactions has increased greatly in the last 9 months and the whales have been in the accumulation phase. It seems that the Volume Profile indicator also showed the best price for Bitcoin was around $19,000 to $20,000. We have an attractive market ahead...
Long
by FireFlow
3
Bitcoin still looking for higher levels?Bitcoin - 24h expiry - We look to Buy a break of 31111 (stop at 30311) Price action is forming a bullish flag which has a bias to break to the upside. Daily signals are bullish. There is no clear indication that the upward move is coming to an end. A break of the recent high at 30984 should result in a further move higher. We look for gains to be extended today. Our profit targets will be 33111 and 33511 Resistance: 30984 / 31500 / 32000 Support: 30700 / 30300 / 29900 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:BTCUSDLong
by VantageMarkets
Bitcoin in a bull flag.Bitcoin - 24h expiry - We look to Buy a break of 30606 (stop at 29806) Price action is forming a bullish flag which has a bias to break to the upside. Daily signals are bullish. There is no clear indication that the upward move is coming to an end. 30532 has been pivotal. A break of the recent high at 30532 should result in a further move higher. Our profit targets will be 32606 and 32906 Resistance: 30532 / 31000 / 31500 Support: 30000 / 29670 / 29000 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:BTCUSDLong
by VantageMarkets
BITCOIN parallel channel and more range 📖💡Hello 🐋 if the price doesn't break the resistance zone to the upside, we will see more correction, at least to our lower trend line ❌🧨 otherwise we can see more gain to upper resistance level ✔️🚀 if breakout of the lower support zone be completed, we can see more correction to the downside ❌🧨 👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Short
by MadWhale
8
BTC Dominance ready for a strong bounceBTC Dominance is currently sitting on the strong support and seems to be ready for a strong bounce. RSI currently oversold on daily timeframe. It would make a lot of sense as we still expect alts to drop 50 % which most likely will happen if BTC dominance bounce from this key support. From another hand, if BTC.D breaks down, we may see an alt season and some really nice gain. However, this scenario in our opinion is less likely . We also expect that ETH merge will be a sell event which may trigger the drop in value for other alts too. Be ready for a bloodbath. If BTC.D bounces from the key support , we expect it to reach the upper boundary of the range and BTC.D would be at approx. 48 %
CRYPTOCAP:BTC.DLong
by vf_investment
BTC:Can challenge 30,000Despite the US dollar and risk appetite favoring Bitcoin (BTC) last week, BTC failed to continue the strong upward trend of the previous week and entered a high-level oscillation. Technically, this week's focus is on the direction of Bitcoin breaking through the oscillation range. Bitcoin (BTC) falls into high-level oscillation amidst mixed bullish and bearish factors The Federal Reserve's interest rate decision last week met expectations with a 25 basis point increase, and the policy guidance changed from "expect to continue raising interest rates" to "expect additional policy reinforcement", which made the US dollar even weaker due to the dovish shift. However, the policy statement also emphasized the uncertainty brought by recent banking crises, coupled with Treasury Secretary Yellen's statement that "not considering providing insurance for all uninsured deposits", causing risk appetite to cool significantly that day and BTC's pullback from its intraday high point to exceed 7% at one point. However, the next day, BTC's price rebounded due to Treasury Secretary Yellen's reversal, stating that the federal government will take additional measures to stabilize the US banking system when necessary. Market risk appetite received a boost, and BTC rebounded and recovered the previous day's decline on Thursday. Following that, BTC staged a high-rise and fall on Friday. During the European session that day, the plummeting of Deutsche Bank's stock price reignited market panic. However, during the US session, the ECB President and German Chancellor came forward to calm the market, and the rebound in risk appetite drove the price of BTC to rebound, reaching a recent high of $29,380 per coin. However, the rally was short-lived, and the trend quickly gave up gains and turned downward, closing down 3% that day. The US dollar index fell 0.72% last week, and the S&P 500 index rose 1.4%. Overall, the traditional financial market environment generally supports the trend of BTC. However, BTC's performance is not outstanding, which may be related to the US official attitude. The US White House stated in last week's "President's Economic Report" that cryptocurrencies are mainly speculative investment tools and have not brought any benefits, and cryptocurrencies generally cannot function as currency like sovereign currencies. Bitcoin (BTC) trend technical analysis: focus on the oscillation range The four-hour chart shows that the price trend of Bitcoin (BTC) is in a high-level oscillation, and subsequent attention is paid to the direction of breaking through the range. On the upside, the 28,500-29,000 range is the top resistance of the range. If it can be broken, it will open up further upward space and may challenge the 30,000 mark. On the downside, the support below focuses on the 26,700-27,200 range. If it falls below, it will face further downward space.
BITSTAMP:BTCUSDLong
by Navigation-h