Btcusdtlong
📈Bitcoin golden position for left behinds📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello dear traders. Let's make it simple. I think:
Bitcoin will retest lower levels around 35k. (But the most important dynamic level is the weekly Bollinger midline.)
Then the targets for the next jump are 45k, 47k and then 50k.
Above these levels, the most important price resistance is around 52K and 55K.
I personally bought some bitcoin close to 40k and will keep buying until the price is above 35k. (As you can see, Bitcoin touched the mid-Bollinger line on the daily TF)
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BTCUSDT on monthly resistanceLast we discussed the price action in october and we talked about the bounce from weekly liquidity zone offering maximum opportunity on the long side. The price action indeed was in agreement with that proposition. The price moved very steep move to the upside since then. It has now hit the monthly resistance where it is taking a respite. I believe the price will pause here probably after another push to the upside and experience some pullback before breaking this resistance. At first a pullback to the zone 41200-41700 cant be ruled out. There will be some long and short opportunity on lower time frames which I will share separately as I will take those trades.
You've been warned!Expect the peak around 48k-60k in the month of February. I would exit all positions there. While everyone is expecting BTC to go to 100k or 500k and others believing that we will bottom around 12k; we will dump much further. They will be talking about this moment for years to come!
weekly TF Bulltard calleven though were at a strong resistance. i just want to come in with a historical approach on how btc behaves after a daily cross of the 21 and the 200 dma. last time we did it we rose about 700% give or take the entry at around roughly 345 days. if we were to do the same we would be at 150k btc by january. thats the call. thats the move.
$BTC bounce to $42-44k as final targetI haven't charted BTC since back in October, when I thought BTC could fall to $15.8k
. Turns out it hit that level and bounced.
I ended up buying that level and sold it at $17k for a quick profit because I was unclear of the direction going forward and I thought there was risk for BTC to fall to $12k, but it has since bounced higher.
Now the trend and the chart has become clearer to me and I think we're setup for a 1-4 month run from here to it's final target of $42-44k. Why that level?
Well I think most people think we can only go to $30k on this bounce, so bouncing higher than that would convince a majority of the market that we're back in a bull market (which we're not). It's also the 50% retracement level from the high (which would make sense for us to retest in a bear market).
I think we're likely to get to these levels by May-June and then I think we'll head down back to the levels I originally thought we were going to $9-12k (for the final bottom). But let's not focus on the downside for now.
In the coming months, look for bitcoin to break these resistance levels on the upside and get to the ultimate target of $42-44k.
Let's see how it plays out in the coming months.
🚀Bitcoin is Ready to Attack to Resistance lines Again🚀🏃♂️Bitcoin is moving near Support lines and a cluster of Fibs and lower line of Descending Channel .
🌊According to the theory of Elliott Waves , Bitcoin has successfully completed the Double Three Correction(WXY) in Descending Channel.
🔔I expect Bitcoin to Go UP at least to the Resistance lines after the Descending Channel break.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
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📈Bitcoin weekly prediction, 40K or 32K?📉 BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello dear traders. If the price of Bitcoin stays above Bollinger midline, Bitcoin can continue the bullish scenario up to the target of 39K-40K.
This week, the price of Bitcoin is in a stabilization trend and has lost its upward momentum at the level of 38 thousand dollars. (in yellow).
The Bitcoin Dominance chart is in a 5-day time frame, and according to the formed pattern, it is expected to decrease to the specified area. On the other side, Dominance Tether (Weekly TF) has hit an important support line, and the probability of its upside has increased.
All in all, in my opinion, until the price of Bitcoin falls below the support of the yellow line, there is a possibility that it will rise to test the level of $40,000. But if the price loses the red support line, then the $32,000 area will be a strong support for Bitcoin in a bearish scenario.
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✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾
#BTC/USDT Urgent update#Bitcoin Update: Testing the lower support of the channel.
Market momentum seems subdued, requiring a push to surpass the $38k hurdle.
Adjusting invalidation to a daily close below $35,628. Unless breached, BTC may target FWB:42K +
Do Your Own Research (DYOR), Not Financial Advice
#cryptocurrency
📈Bitcoin weekly prediction, 40K or 32.5?📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello dear traders. If the price of Bitcoin stays above Bollinger midline, Bitcoin can continue the bullish scenario up to the target of FWB:39K -40K.
In this week, bitcoin price breaks the ascending channel (in yellow).
Overall, in my opinion, as long as the price of Bitcoin does not fall below the red-line support, there is a possibility that it will go higher.
But if the price loses the support, the level of 31,700 to 30,200 will be a strong support for Bitcoin in the bearish scenario.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
BTCUSD NOV 26 2023 ANALYSIS This is my outlook on BTCUSD. Using supply and demand and fib as strong confluence, we can see BTCUSD play out perfectly from the 3mth timeframe. Top down analysis shows the exact same play. Patience is going to be in your favor in order for price to do what it needs to do before this next bull run. LONGTERM I'm very bullish on BTCUSD.
BTC Halving Price RoadmapHi Traders, Investors and Speculators of Charts📈📉
With the BTC halving coming up next year, I was interested in finding out how the price of BTCUSD has previously reacted before, during and after this event. (I love data and AI, it's a match made in wonderland).
The next Bitcoin halving is scheduled to happen some time next year during April or May (2024). And so, with the help of AI tools, I analyzed the historic price trends of BTC around the time of the halving all the way back until 2012 and present this estimated price movement on the chart with the path line (chart on the left) .
I've taken the liberty to point out key zones (support zone and resistance zone) with white trendlines. They often overlap with the yellow Fibonacci Retracement, which is added confirmation for key zones to watch. The vertical green lines are time stamps in 3-month intervals leading up to and after the halving.
For ease of reference to trendlines and Fibonacci retracement, here's the full chart:
Chart on the right: These are BTC prices in 3-month intervals from previous halvings, displayed in a table for easy viewing. Also my prediction for price RANGES for the upcoming halving. Note that it's displayed as a price but do give leverage for +-2K up or down.
Some additional details about the BTC halving:
🌐The BTC halving is a scheduled event that occurs every 210,000 blocks
🌐It's a built-in feature of the Bitcoin protocol that was designed to control the supply of Bitcoin.
🌐The halving reduces the block reward by half
🌐The block reward is currently 6.25 BTC
The halving of the block reward is a way to ensure that the supply of Bitcoin is limited. There will only ever be 21 million BTC, and the halving ensures that the supply of new BTC is gradually reduced over time. This makes Bitcoin a scarce asset, which is one of the reasons why it is so valuable, apart from the natural advantage of being first.
The halving of the block reward also has an impact on the difficulty of mining Bitcoin. The difficulty of mining is adjusted every 2,016 blocks to ensure that a new block is mined every 10 minutes on average. However, when the block reward is halved, the difficulty of mining is also halved. This means that miners need to spend more computing power to mine a block, which makes it more difficult to mine Bitcoin.
The halving of the block reward has a number of implications for Bitcoin. It helps to ensure that the supply of Bitcoin is limited, which makes it a scarce asset. It also makes Bitcoin more difficult to mine, which increases the cost of mining. However, the halving also increases the value of Bitcoin, as it makes it more scarce and difficult to obtain.
Now the data conclusions (on average, historically) of how the BTC halving has influenced the BTCUSD price:
6 MONTHS BEFORE
The price of BTC can start to increase in the months before the halving. This is likely due to anticipation of the event and the increased scarcity of BTC after the halving.
3 MONTHS BEFORE
The price of BTC tends to increase in the months leading up to the halving. This is likely due to anticipation of the event and the increased scarcity of BTC after the halving.
1 MONTH BEFORE
The price of BTC typically peaks in the month before the halving. This is likely due to the final frenzy of buying before the supply of new BTC is cut in half.
MONTH DURING HALVING
The price of BTC can be volatile in the month of the halving. This is because there is uncertainty about how the market will react to the event.
1 MONTH AFTER
The price of BTC typically starts to rise in the month after the halving. This is likely due to the increased scarcity of BTC and the anticipation of future price increases.
3 MONTHS AFTER
The price of BTC can continue to rise in the months after the halving. This is because the scarcity of BTC continues to increase and the market begins to realize the long-term implications of the halving.
6 MONTHS AFTER
The price of BTC can plateau or decline in the months after the halving. This is because the market may have already priced in the long-term implications of the halving.
NOTE that this isn't rule of thumb, it's a general trend based on the past halvings and there have been some exceptions. For example, the price of BTC didn't increase in the month before the halving in 2012.
IN CONCLUSION, overall, the BTC halving has a positive impact on the BTCUSD price. This is because the halving reduces the supply of new BTC, which increases the scarcity of BTC and drives up the price.
If you want to know more about the trends on altcoins during the BTC halving, there's some more info on it here:
Next up, I'll do a more in-depth post on the altcoin liquidity rotations around the BTC halving.
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KUCOIN:BTCUSDT COINBASE:BTCUSD
BTCUSDT Potential Next Targets!!BTCUSDT (4h Chart) Technical analysis
BTCUSDT (4h Chart) Currently trading at $37000
Buy level: Above $36800
Stop loss: Below $34500
TP1: $39000
TP2: $42000
TP3: $45000
TP4: $48000
Max Leverage 3x
Always keep Stop loss
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BTCUSDTDear Traders,
btcusd has been bullish ever since it dropped to 15000 area from where price just skyrocketed. This sudden jumped in price is due to economic side where investors are more keen in investing in crypto assets than in stock markets or DXY itself. The war conflict also influenced btcusd.
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