BTC Bounce from $58,000: Heading Towards ?I've been closely tracking Bitcoin's price action, and my latest analysis suggests that we may be witnessing a significant bounce from the $58,000 level, a strong support zone. After a recent dip, BTC is currently trading at $65,655, and based on key technical indicators, I expect it to rally toward $74,000 with a couple weeks.
however It's only a matter of price breaking above the 67000k resistance level as shown on chart. So this is a key level to watch
Key factors driving this prediction:
Support at $58,000:
This level has historically acted as a strong floor for Bitcoin, with previous bounces leading to upward moves to retest 63k +- 1000points resistance range.
Volume and Momentum:
Increasing trading volume and momentum indicators are pointing to a potential upward continuation.
Moving Averages:
BTC is currently holding above key moving averages, reinforcing the possibility of bullish momentum.
Market Sentiment:
With recent developments in the fundamental space, sentiment is leaning bullish, adding further conviction to the potential for this move.
If this analysis plays out, we could see BTC pushing through resistance levels and reaching $74,000 in a couple weeks time frame ideally. Keep an eye on these key levels as the price action unfolds.
MCG
Btcusdprediction
BTCUSD BULL FLAG TO 80K$Hello Traders
As I can see BTC is now trading above the 60K$ after hit ATH and i CAN SEE A BULL FLAG HERE !!!
If price does not break given Stop Loss level, then it can create a big move so don't miss it its a very low risk-based entry and higher rewards Friends Supply and Demand is issue now with BTC price it had HIT ATH and now retrace more then 14000$ its time to buy Halving did not creat any panic selling pressure as it had created in previous halving because its not 2010 or 2011 world now knows BTC is best asset which will kill inflation and its a Digital Gold many more things is there for bullish in BTC we are long term Bulls on BTC but these levels are important Its just a Trade Idea Share Ur thoughts with us it help many other traders
BTC NEW BUYING ZONE FOR ATH TILL 80K$HELLO TRADERS
As I can see #BTC is now trading @ 70K$ time of posting this trade idea we are expecting BTC can make a new all-time any time before Halving Friends its trading now above a local trend line and holding above 70k$ which is a support now we are buying from 64K$ as you can see our pervious posted analysis risk reward ratio is great on this trade there is many fundamental reasons behind this trade it's just a trade idea show Ur thoughts with us
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Btcusd Confirm Analysis Bitcoin (BTC) price shows clear signs of bullishness as it hovers around its new formed all-time high (ATH) of $69,210. Although both the fundamental and technical background are massively optimistic, investors should not be surprised if BTC takes a breather and moves sideways for the next couple of days or weeks.
BTCUSD READY FOR FLY TO 54K$HELLO TRADERS,
As i can #BTC has done a retracement of 9k$ and now created a Double Bottom Its a strong support zone too for BTC & it's now testing the Trend line also so technically it's a great area for buying BTC with a small risk al looking for a huge rewards friends EFT and many more things are happening around the world for Crypto Legalization. fundamentally it's also a bull run for Crypto Currencies. have look on our previous analysis for Short on BTC almost achieve all give TP, s chart is attached in comment. Friends it's just a trade idea on base of technical analysis kindly share Ur thoughts with us on this pair it helps us all.
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BITCOIN SELLING ON DIPS !!! HELLO TRADERS !!!
As i can see a 15 min TF consolidation zone in a triangle so we think if it not break the stoploss zone 44200 we can see this is a easy TP,s #BTC can drop more have look on our given analysis on a daily TF chart which is attached with this chart its just an trade idea share ur thoughts with us
i help Traders Community
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Bitcoin Bottom SoonFrom the start, I thought 27k was unlikely to be a real bottom. And with real bottom I mean the bottom that would kickstart a new uptrend that would take Bitcoin back to 30k.
So knowing that Bitcoin takes roughly 65 days to complete a daily cycle, the bottom of April 23 was not the real bottom. However, I believe that the next one is near. I expect it will happen around mid of May.
Now at what prices can we expect that bottom? I think the worst case would be 25k. Because we're so close to the new bottom, timing the market at this point seems unwise. Especially if you do not have any Bitcoin yet.
It seems to be insane, doesn't it?There are 4 scenarios as I showed on the chart. We have 4 crucial levels to which, the price can react.
Movements and the path are measured and determined on weekly chart.
If the market behaves according to what I measured in my analysis, I will explain how I predicted the market movements and the price targets.
Best of luck!
$BTC Breakout Again and Testing Resistance + Trade SetupBitcoin is breaking out again from our downward sloping trendline on the daily timeframe. It will most likely be testing again the resistance at $39k.
-If we are able to break this resistance zone to the upside, above $40k and are finding support there, I will be very bullish. In the chart are my bullish price targets for a potential long position.
-Another rejection, and I will be bearish expecting the price to find support again at the weekly parallel channel around $35k. If we get a close below, our next support will be $30k where I will be expecting a lot of buy orders coming in.
2022 BLOODY BEAR ( COULD BE ) TIME WILL TELLHi, This is the second time I predict BTC Price after target achieved from my idea before that BTC could test 0.618 area on $43K..,
Here:
I didn't mean to scare you guys but bearish gates are quite obvious in this area. it could be due to the emergence of a new virus variant that makes holders feel doubtful about digital assets and indeed the current bitcoin price is too far from the normal price. The second reason is that it is now December, traders need to be careful when holding this coin when Christmas and New Year are insight. asset selling due to this annual world event should be signaled as the next bearish market movement. FUD may be coming in too.
The pullback could happen to the $58-60K area from 49K. Here I'll give you another probability that could happen now until the end of Q2 2022 (May/June) or even earlier...
Short BTCUSDT:
Entry: $ 58,000 - 60,000
Target: $ 28,351
Invalid: $ 65,000
I don't recommend using high leverage... (x3 is OK)
Please donate/support me with ETH
0x94bD70a85147A9f2588994854617987D980acED2
BUY BTC NOW ON DIPS AND HOLD TILL ALL TPHELLO FRIENDS AS I CAN SEE THIS PAIR HAD DONE A GREAT RETRACE TO THE DESIGN LEVEL AND NOW WE AR EXPECTING A STRONG MOVE WILL BULLS
TILL THE DESIGN OF NEW TP FRIENDS THIS TRADE IS A GREAT ENTRY FOR ALL OF US TO GET GREAT PROFITS WITH LOW RISK AND HIGHER REWARDS
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CHART IS VERY SIMPLE AND EASY TO UNDERSTAND WHY WE ARE BUYING NOW
BTCUSD SELL FROM 60K $ AREAHELLO FRIENDS AS I CAN SEE BTC IS NOW TRADING ALL TIMES HIGH AND LOOKING FOR NEW HIGHS TILL 60K $ EASILY ACHIEVE
I AM EXPECTING IT CAN GIVE US A GREAT RETRACE BEFORE MAKING A NEW HIGH TO 85K $ BUT IT NEED TIME AND ALOTE OF MORE MONEY FLOW
SO I WAITING FOR THIS LEVEL TO REACH BTC AND THEN I WILL ENTER TO SELL TILL DESIGN THESE LEVELS
THIS RE-TRACEMENT IS BASED ON OVER BOUGHT CONDITIONS AND RETEST TO BROKEN LAST HIGHS LEVELS AND $ RECOVERY
STIMULUS PACKAGE IS ON THE WAYS WHICH HELP TO DXY RECOVER WITH A VERY LOW RISK
friends PUSH LIKE AND COMMENTS follow US FOR MORE UPDATES
THIS DROP CAN BE HAPPEN IN JUST HOURS AND THEN PRICE CAN SHOOT BACK TO MAKING NEW HIGHER HIGH
BTCUSD BUYING ON DIPS !!!As i can see BTC has done its retrace after making a new higher high and now trading @ strong support zone
we are buying btc from the given support zone and looking for new higher high for 2021 we expect all given TP
will achieve soon day by day patience is the key element of success in trading
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BTCUSD BUYING ON DIPSAs i can see BTC drop 10k$ and now ready to make new high
so i am buying from this design level on dips with a small risk and looking for some higher rewards
Friends push like and comment it will be a great love for us and it help alote of other traders
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