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CRPTOCURRENCY

LIKELY TO TEST & FIND SUPPORT AT $7788, AND BREAK THE TRENDLINE?I do not trade BTC but I follow it aggressively because it dictates other coins. However, the weekly time frame gives us a more filtered and clearer picture of where this coin may be heading. As you can see from the charts, this week's candle seems to be closing above a major resistance of $7788 which has served as strong support on several occasions in the past. Furtherly, next week will give us a vital hint on the direction of BTC as to whether we will break out above or below the trendline identified in the chart as well. Please like, support and share your thoughts if you find this analysis helpful.
BITFINEX:BTCUSD
by georgime
When Might Bitcoin Be Ready To Resume Its Bull Trend?Summary •Potential Bull Flag continues to form, with Bitcoin falling as much as 52.9% from its 2019 peak. •Nevertheless, a drop below the most recent low has Bitcoin next targeting the $5,900 to $5,427 price support zone. •Recent weekly bearish moving average crossover adds to likelihood of further downside. Bitcoin (BTC/USD) topped out at $13,868.44 in June of this year, thereby completing a 343.2% advance off the December 2018 corrective low of $3,128.89. That low ended a 1-year 84.3% decline off the bull market bubble top of around $19,892, reached in December 2017. Two weeks ago, Bitcoin completed a 61.8% Fibonacci retracement ($7,231.40) off the June high as it fell to a low of $6,526. That low put it 52.9% below the 2019 peak. Bull Flag pattern The price correction since the June high has been normal and well-constructed, forming a potential bull flag trend continuation pattern. This can be seen as the falling parallel trend channel in the enclosed charts. Given the significant advance in the first half of the year, and the related signs of a trend change from bearish to bullish, Bitcoin has a good chance of eventually triggering a continuation of the new bull trend. The 2019 rally exceeded several prior swing highs and the 10-week exponential moving average (ema) crossed back above the 34-week ema. Have we seen the bottom? The question now is, has the bottom of the retracement been reached or might Bitcoin pullback further than it has so far? There’s no way to know this ahead of time but we can identify some important price levels to watch going forward. As long as price stays above the $6,526 swing low, there is a chance for an upside breakout of the bull flag. If the falling trend channel is to further evolve and retain its general shape, a move up to at least the top trend line seems possible in the near-term. A decisive daily close above the downtrend line is the first sign that a bullish breakout of the flag could be in the works. At that point, additional signs of strength will be needed. Watch for a daily close above the most recent swing high of $10,540.49 for confirmation of a bullish breakout. There is also a monthly high at $9,600 from November. Bitcoin has not had a move above a prior month high since the June peak. A move above a prior month high would be an additional sign of a change in the downtrend pattern, to an uptrend. If we see further weakness Alternatively, notice that the 10-week ema has just crossed below the 34-week ema, after being above it since early-May. By itself this is bearish, and supports a bearish scenario if Bitcoin falls below the most recent swing low, thereby triggering a continuation of the downtrend off the 2019 high. If that occurs, next watch for signs of support around the $5,900 to $5,427 (78.6% Fibonacci retracement) price zone, and then for indications of a bottom and subsequent bullish reversal.
COINBASE:BTCUSD
by BrucePowersCMT
Laters Bitcoin! Looking down! About to take a dive~!Bitecoin about bit off more than it could chew.... Couldnt break out. So many sellers. ALL CRYPTOS ARE DYING. No confidence. Media regarding crypto is just BS no one is buying atm. The were gonna be rich Shaun - Your wife Samantha who bought bitecoin from cnbc coverage is about to get her wishing hat on... Denial to follow. Made a little rally big sellers are in, the fad had another little run. CRYTPO CONFIDENCE IS POOR ATM WILL HAVE TO SAY GOOD BYE FOR A LIL WHALE. GOOD TIME TO SELL. RIP.
CME:BTC1!Short
by SnipingRabbit
BITCOIN FORECAST for the weekBITCOIN facing support at 10800, strong support at 10650 facing resistance at 11200, strong resistance at 11500 Weak bounce from BITCOIN for the past few days, expected further drops before pulling up 20% long at 10800 add position at 10700 Short term t/p 11300 Weekly line go up to 12400 Please like our idea by pressing like. Feel free to comment below and we can strike a meaningful conversation. Find us at Telegram below for updated free ideas. t.me
Long
by Crypto_Futura
1
BTCUSDHi Traders Following to my previous analysis about Bitcoin i can see this waves and this is my idea . I don't recommend you to long or short and i will wait till price reaches 13000 this is depend on your strategy. Target 1 : 13000 Target 2 : 13850 *Please consider Money Management and Risk Management and follow your rules . this is only my opinion. if you have any question you can ask it in comment . If this analysis was helpful to you please Like & Follow . Join my Telegram Channel for more signals and analysis : t.me
COINBASE:BTCUSD
by Naiem_ab
Total Market Cap Hidden Bullish Divergence About 151.58 Billion USD is Decrease from recent highest peak on 26 June 2019 until recent low on 17 July 2019.. Currently total marketcap is moving within Symmetrical triangle pattern with a possible Hidden Bullish divergence on CMF (chaikin money flow), ADP (Accumulation & distribution Percentage), RSI (relative strength index) also MFI (Money flow index) which i cant include because exceed my current indicator use/not pro user.... peace.
CRYPTOCAP:TOTAL
by MisterCatt