BTC: Is it about to start a decline?
After a long period of fluctuation, the market has finally started to experience a downward adjustment. If you have a short position, you can now breathe a sigh of relief. My personal recommendation is to take advantage of this opportunity to reduce your position on dips.
As for long positions, we can start building positions now. The key support level is at 25K. Conservative traders can wait for the market to adjust to around 25-25.5K before entering the market, while those with large funds and aggressive strategies can directly buy on dips below 27K. Control your position size and aim for a breakout above 30K. I will continue to update my views and strategies on Bitcoin.
I have already started a million-dollar challenge, where I will operate an account and aim to earn a profit of 10 million within a month. A viewing account will be provided to allow everyone to experience how large capital positions can generate profits in the market. Let's witness it together!
Btcusdtforecast
BTC: Follow me, next target is 27K
The cryptocurrency market is one of the panic groups, as many institutions may still deposit with Silicon Valley Bank. With the announcement of the Federal Reserve's bottoming, the sentiment in the cryptocurrency market has stabilized slightly, and the concept of decentralized cryptocurrency has begun to play a safe-haven role as investors' distrust of the traditional banking industry deepens.
Under the dual stimuli of the safe-haven sentiment and the weakening of the US dollar, token prices have made breakthrough progress, and the Bitcoin price has broken through 25,000, a critical level since August 2022, with significant significance in the short-term trend. Bulls are expected to have further opportunities to test 28,000-30,000. If the market can reach 30,000, it will help to establish the real bottom.
Do you remember when we bought at the bottom and went long below 20K and were questioned and ridiculed by countless people? But we were fearless and firm in going long because we had already seen through the washing-out strategy of the main players. First, let all the longs in the market get out, and then rise straight up without giving any reaction time. You can say that this is a conspiracy, but I have already seen through it. The upward trend of the bulls has been established, and congratulations to friends who have followed my layout, that is, following the main players.
In the future market trend, don't think that Bitcoin will have much room for further decline because the main players will not give better opportunities to follow. If you missed the chance before, you can choose to buy Bitcoin near 24K. The next target is 27K, and reaching 30K is only a matter of time. I will also update the latest layout in a timely manner, so please continue to follow.
Has the BTC's decline finally ended?
Following the release of the US NFP and unemployment rate data on Friday, BTC saw a small rebound and is currently trading steadily above 20K. In the short term, it tested support near 19500, and institutional orders continue to suppress BTC prices. Market sentiment remains bearish, and overall trend is sluggish. Some predict that the future trend will fall below 10K, but we will not comment much on these predictions.
As I mentioned in a previous article, I have been buying BTC continuously below 20K, and I am currently making a small profit. However, many traders who are bearish on BTC have questioned my strategy. Unfortunately, currently, 80% of the market does not expect BTC to rise in the future due to the large decline that has caused many to lose confidence and shift their outlook from bullish to bearish. However, what I want to say is that the market can only show you what it wants you to see.
The significant decline is obviously a large-scale sell-off and washout by the main players, hoping to clear out all long positions and wait until the market believes that there will be no more increase before starting to rebound. My strategy is to continue to build up my position at low levels. However, it is clear that the current decline has not ended yet, and there may be another wave of decline to make more people believe in the strength of the bears before ultimately forming a reversal and catching most people off guard. I will continue to update my long-term strategy, which requires a significant amount of capital and a good mindset to follow the main players. You may have a different opinion, but we let time witness the outcome. Please stay tuned, and I will update my strategy in a timely manner.
BTCUSDT Must Have Run! Despite everyone, I am thinking of Short!According to classical analysis we reached the bottom of ascending channel and we should look for upward run!
But as you see in chart, my own developed indicator based on blocks, support and resistance and some other data which is showing the probability of next movement ; indicates that we should face downward for future prices and I believe in what I was developed and coded based on my experience and knowledge of market analysis which I want to share it with you also!
Anyway,
Max upward price : 23200 - 23300 and reaching more than these prices means going to break 25500 and 26000
Break Bullish Block : 21700 - 21500 means going down to 18800 and if more 16600 and even more 15300
Not a special advice for trading just as student of financial market experienced ...
BITCOIN - resistance on month- key level of the monthly candlestick
- Opening weekly candlestick today
- A good time to enter the trade
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
BTC potential bounce to 26k BTC / USDT
After 3 failed attempts to break 25k, BTC made a pullback and hit 22860$ very interesting support level (which is the exactly thr confluence between dynamic support ema 200 and fibo golden support level 0.618
High potential BTC will bounce from here to 26k in next days
If not then the next level 22200$ which also an important support confluence between 0.786 fibo and bottom of giant channel
But the higher chance will bounce from the current level
This update for LTF
In macro picture we need breakout above 25k key level
Best of wishes
BTC The most important level for bulls in 2023#BTC / USD
Bulls did great work since starting of 2023
By pumping BTC from 16k to 25k (more then 50% gains)
Now we are reached the most challenging level for bulls in 2023 which its 25k in weekly chart
In the chart you can see :
1– it was the level of last Higher low
2– Convergence of 50w ema and 200w ema first time in history
3– Horizontal resistance which rejected price twice before (Bullish rejection in may 2022 and bearish rejection in august 2022)
the most important level is 25k everything else is just noise . I want to see massive candle in weekly chart above this level to end the bearish structure as it would be the first higher high after the top in November 2021
Appreciate any support by likes and follow for more analysis
BTCUSDT - correction. starting . created
- Stuck at the 21500 level.
- price traded on top of the distribution.
- Kept even more liquidity from the top.
If you liked the idea, give it a like. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profit in fiat and enjoy yourself and your loved ones.
BTCUSDT - pending Inflation. The expectation of a short- Came to the area I marked in the video
here -https://www.tradingview.com/chart/BTCUSDT/g0HMDQc6-bitcoin-nachalo-bychbego-trenda-2023/
here-
here-
I started longing since January 22
The markets are coming alive because of the injection of money into the economy through military companies that produce weapons and so on. written here
money injection
Now it's more likely to see a correction than an acceleration. A big sign of this: a friend I wrote to 2 months ago who I told to buy crypto and invest in the market. But he only matured today. He says he wants to buy (haha, bitcoin is up against resistance, I am waiting for a pullback price, but he wants to gain a position).
What else to add: Broke through the trending orange.
But there was no test. So we wait for the retest a trendline. If it confirms the breakthrough. Then we will see in the near future 30k prices on the Father *BTC* .
What are your thoughts?
📉✌BTC 30min Short Position✌📈BINANCE:BTCUSDT
COINBASE:BTCUSD
Hi traders, first look at my previous analysis (linked below).
💥A quick short position can have a good chance of winning.
between now and the yellow area above, you can open short position in two steps.
If the price falls and reaches the TP1, you can risk-free the position.
TP1-2-3-4-5-6 ---> short position.
The optimum stop-loss is on the chart.
Please share ideas and leave a comment,
let me know what you think.
CrazyS✌
📉✌BTC 1H Long Position✌📈BINANCE:BTCUSDT
COINBASE:BTCUSD
Hi traders, first look at my previous analysis (linked below).
💥A quick long position can have a good chance of winning.
between now and the yellow area, you can open a long position in two steps.
If the price falls and reaches the TP1, you can risk-free the position.
TP1-2-3-4-5 ---> Long position.
The optimum stop-loss is on the chart.
Please share ideas and leave a comment,
let me know what you think.
CrazyS✌
#BTC/USDT 4HOUR UPDATE !!Hello, welcome to this BTC /USDT 4hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
CHART ANALYSIS:-The 4-hour chart paints a clearer picture of potential short-term targets for Bitcoin. After weeks of consolidation, the price has finally broken above the $20K resistance level, turning it into a potential support area.
The recent rally was launched after an impulsive bullish breakout from the bearish trendline, and the market is now trying to hold above $20K. If this level remains intact, a continuation toward $22,500 would be likely.
However, the RSI indicator should be closely monitored as it shows massive overbought signals, pointing to a potential reversal. In this case, the recent rally would be considered another bull trap and fake breakout, which would result in the price descending back toward the $18K support area.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
thank you.
Bitcoin CRYPTO MARKET UPDATE BY TEAM TENUP
Pakistan Time: 12:58 AM
Bitcoin support levels - $20500$ and $20000$
Bitcoin resistance - $21000$ and $21500$
Market depends upon Bitcoin movement trade with risk management. Trade carefully
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Analysis -
Looking at 1 hour timeframe, Volume is still good BTC above 10/20/50/100/200EMA RSI is at 70( overbought zone)
BTC dominance is at 41.51% and Total Crypto Marketcap is at 1T$
BTCUSDT CRYPTO MARKET UPDATE
Bitcoin support levels - $19,000 and $18,500 strong Support (is Ka Matlab yahan buyers hain)
Bitcoin resistance - $19,500 and $20,500 strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin)
Bitcoin per market depend karti hain tu ap ko update de di hai - is k according plan apko khud karna hai AB kiya karna hai apna funds k sath.
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Analysis -
BTC Support is at $19000 and resistance is at $19500. Trade carefully and manage your risk according to mentioned support and resistance levels.
Bitcoin Weekly candle closed in green but still bitcoin moving in an accumulation zone between $18,600to $20,000
$19,500 is working as an important resistance level because from the last 7 weeks, not even a single weekly candle closed above this resistance level.
If bitcoin fails to rise above the $19,500 resistance zone, it could continue to move down. Immediate support on the downside is near the $18,900
The fear and greed index in the market indicates "Extreme Fear"
BTCUSDT CRYPTO MARKET UPDATE
Pakistan Time: 06:09 AM
Bitcoin support levels: $19000 Support & $18600 strong Support (is Ka Matlab yahan buyers hain)
Bitcoin resistance levels- $19500 Resistance and $20000 strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin)
Bitcoin per market depend karti hain tu ap apnay risk ko axhe se manage kar k chalen or sath apne funds ko axhe se manage karen.
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Analysis:
BTC broke out from its daily timeframe trend line as drawn in the chart. BTC support is at $19000. Further price action has to be observed to know if the $19500 resistance has been broken or not. Resistance will be at $20,000. Trade carefully and manage your risk according to mentioned support and resistance levels.
BTC Daily candle and Weekly candle closing were green at $19570.
BTCUSDT CRYPTO MARKET UPDATE
Pakistan Time: 08:08 PM
Bitcoin support levels - $19,000 and $18,500 strong Support (is Ka Matlab yahan buyers hain)
Bitcoin resistance - $19,500 and $20,500 strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin)
Bitcoin per market depend karti hain tu ap ko update de di hai - is k according plan apko khud karna hai AB kiya karna hai apna funds k sath.
———————————————————————
Analysis -
BTC Support is at $19000 and resistance is at $19500. Trade carefully and manage your risk according to mentioned support and resistance levels.
Bitcoin Dumped and break the pattern. A low was formed near $18,600 but bitcoin reclaimed its position above the $19,100
This indicates that the Bears tried to take the market downside but the Bulls are enough strong to take the price up.
The fear and greed index in the market indicates "Extreme Fear," which could be one of the reasons for the overall cryptocurrency market slowdown.
There is low volume over the weekend as global financial markets will be closed. Manage your risk accordingly.
BTCUSDT Crypto market update
Pakistan Time: 03.00 PM
Bitcoin support levels - 19,000 and 18,500 USD strong Support (is Ka Matlab yahan buyers hain)
Bitcoin resistance - 20,500 and 19,500 USD strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin)
Bitcoin per market depend karti hain tu ap ko update de di hai - is k according plan apko khud karna hai AB kiya karna hai apna funds k sath.
———————————————————————
Analysis - Bitcoin is currently attempting to maintain the support level of 19000 dollars. The market's next course of action will be determined by the weekly closing candle at 5 am tomorrow. Manage your risk.
Bitcoin need to hold its position above the support level of $18,700
A candle closing below this level will start a Bearish momentum and the next level where the bitcoin price gets support is near $17,800.
BTCUSDT Bitcoin support levels -19,000 USD and 18.500
Bitcoin resistance - 19,500 and 20,000 USD
Market depends upon Bitcoin so trade carefully & manage your funds according to BTC movement.
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Analysis: Bitcoin closed above 19500$ level of resistance on daily timeframe yesterday, However bitcoin couldn't hold it as support and currently trading below 19500$ level, If bitcoin closes back above the resistance level, the probabilities of testing 20,000$ level of resistance will eventually increase, therefore Manage your risk accordingly.
BTCUSDT
Bitcoin support levels -19,000 and 18600
Bitcoin resistance - 19,500 and 20,000
Market depend upon Bitcoin & I updated you about Bitcoin - You need to plan your trade according to this update, you need to trade with carefully.
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Analysis
BTC support is at 19,000 and resistance is at 19500. BTC dropped to 18975 and then bounced back from 19000 support area. Currently, 19000 can be considered support but if another drop and bounceback scenario were to happen, then the support will become uncertain. Trade carefully and manage your risk according to to support and resistance levels. There is not much volume due to global financial markets being closed. BTC daily closing was RED at 19112, making high at 19255 and low at 18975. Daily closing was 282 less than the previous closing.
BTCUSDTCRYPTO MARKET
PAKISTAN TIME: 11:40 AM
Bitcoin support levels -19,000 and 18600 USD strong Support (is Ka Matlab yahan buyers hain)
Bitcoin resistance - 19,500 and 20,000 USD strong resistance (is Ka Matlab k yahan sell karney walay hain, sell hoga bitcoin)
Bitcoin per market depend karti hain tu ap ko update de di hai - is k according plan apko khud karna hai AB kiya karna hai apna funds kay sath.
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Analysis
BTC support is at 19,000 and resistance is at 19,500. BTC daily candle was RED closing at 19176, 198 less than the previous closing.
BTC dominance is at 40.1% and the total market cap is at $917 billion.
During weekends volume is low as mostly all global financial markets are closed.
Looking at 1 hour chart, BTC price is below EMA 20/50/100/200 and volume is low. Trade carefully and manage your risk between mentioned support and resistance levels.