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Btcusdtprep

The Bitcoin Bull MarketThe probability of the bull market continuation is evident in the chart with higher highs and higher lows. The path to all time highs isn’t always clear and the demand for a COVID esque capitulation grows but I believe it is possible that we may go higher before we go lower. Upside target resistance around 50-52.1k with a 2024 low boundary around 28.6k range. We may be forming a very large inverse head and shoulders structure that targets 170k, should it play out. A bullish perspective for some to consider. No guarantees.
Long
by TheCheartBreaker
Triangle broken to upside will we reach the target ?Hello Traders, Since long time ago I drawed this symm. triangle on my chart, Now BTC broke it to the upside. Today I want to discuss briefly, What is the possible moves for BTC --- BTC was running into horizontal channel since 13-16 JUN 2022 that is mentioned on the chart with Green rectangles Now BTC continued going narrower and narrower price movements to form the triangle then a break happened to the upside with quite good volume. --- Now BTC is correcting the break and have only 2 options, 1- to bounce of the upward movement trend line (21100$) 2- bounce of the triangle trend line (20500-20600) If this happen BTC will have the first target at 26500-26900, WHILE WE HAVE A CME GAP APPROXIMETILY AT 28500$ I am confused about it because as you see BTC got a rejection from the horizontal channel as it happened before. --- Bearish scenario is to have a 4h close under 21500 or just get back into the triangle again. --- Altcoins indicated a bull movement before BTC do it, as I mentioned in previous ideas on my profile. Hope this helps ! Thumb up and follow for more Have a nice day !!
BITFINEX:BTCUSD
by TANcrypt0
BITCOINUSDT entered the major support level#BTC market is bearish because BTC broke range to the downside and entered the major support level. #BTC must needs to hodl above $38,500 else market will start bleeding. So and keep an eye on market and use tight stops in every trade Market movement still shows bearish form because there is no buying pressure in BTC. US stock market is continuing downtrend which is very bearish sign. Stay safe with your trade. Lastly, no matter market is bullish or bearish, we can earn in any type of market with with hardwork, focus and dedication. 🔥🤝 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
by TheMarketHunters