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Satoshi

Bitcoin Beary Bad -- Support at $13K Pending!Despite aggressive downside action from $68K, Bitcoin Bears are not yet done with their assault on Bullish traders. Based on price action, to include both confirmations and invalidations, it seems that Bitcoin is currently in a sideways push which could last for upwards of 3 weeks. I anticipate a drop test near $16K, also a pop test near $22K as price action ping pongs to rob more badly leveraged traders. Ultimately, Bitcoin should find its bottom support level between $13K-$15.5K. While I totally expected a drop even before 68K landed, I didn't think it would drop this far. Let's see how the movie pans out. Surf carefully; dont drown.
BITFINEX:BTCUSD
by DigitalSurfTrading
2
Possible RoadMap For BTC! Will It Play Out?Hello Traders & Spectators, When looking at BTC, we can see that it is currently trading in a range similar to the one right before the last sell-off to the 17k zone. I went ahead and did a fractal to see how this may play out in the upcoming weeks. So far, it's very interesting how close the candle patterns are. This should be fun to watch over the next few weeks and tbh I wouldn't be surprised if it plays out exactly. My target is 13k. This fractal shows 9k... Not impossible with today's geo-political issues and mass liquidations and stopped CENTRALIZED Exchanges. NOT YOUR KEYS, NOT YOUR CRYPTO.... right? Love it or hate it, hit that thumbs up and share your thoughts below! Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect! This is not financial advice. This is for educational purposes only.
BITSTAMP:BTCUSD
by rnaofs
$BTC/USD 1M (#Index) Ascending trendine on supportBitcoin is pulling back to 50MA (monthly) where a bounce would make sense like it happened in 2018 and 2015 as well! RSI looks very bottomed (new ATL) and this seems enough to buy Low in order to sell High later this year, or at the beginning of the next one. But first comes the boring part for 5-6 months of ranging and choppy moves, better be very patient.. Current Price= 22006.84 Buy Entry= 22000 - 18881 Take Profit= 52825 Expected Profit= +158% Fib. Retracement= 0.786 Margin Leverage= 1x Estimated Gain-time= 9 months Tags: #BTC #BTCUSD #XBT #WBTC #BTCB #Blockchain #PoW #Mining #Satoshi Website: bitcoin.org Contracts: #Mainnet #ERC20 0x2260fac5e5542a773aa44fbcfedf7c193bc2c599 #BEP20 0x7130d2a12b9bcbfae4f2634d864a1ee1ce3ead9c #BEP2 BTCB-1DE
INDEX:BTCUSDLong
by TradingOn
Bitcoin Pauses to Give Bulls Early Dose of HopiumBased on recent and continual analysis of Bitcoin, I believe that an upside trip to $32070 is minimally required (based on my perspective of the Elliott Wave count). This will serve as the final resistance level before Bitcoin takes an anticipated dip to $24K. From here, the crypto world will re-enter the "BTC to $100K" mindframe but that may become a troublesome idea. See recent Bitcoin related posts for more perspective. For continued, near real-time analysis join the Digital Surf Trading Community.
BITFINEX:BTCUSDLong
by DigitalSurfTrading
2
$BTC/USDT 1h (#Bybit) Falling broadening wedge breakout & retest⚡️⚡️ #BTC/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (3.0X) Current Price: 39921.0 Entry Zone: 39925.0 - 39471.0 Take-Profit Targets: 1) 40764.0 2) 41746.0 3) 42459.5 Stop Targets: 1) 38806.0 Published By: @Zblaba Bitcoin looks good for short-term recovery after showing some clear reversal signs! Risk/Reward= 1:1.2 | 1:2.3 | 1:3.1 Expected Profit= +8.07% | +15.48% | +20.88% Possible Loss= -6.75% Fib. Retracement= 0.382 | 0.618 | 0.786 Margin Leverage= 3x Estimated Gain-time= 3-4 days Tags: #BTC #BTCUSD #XBT #WBTC #BTCB #Blockchain #PoW #Satoshi Website: bitcoin.org Contract: #Mainnet
Long
by TradingOn
IS THIS THE BOTTOM FOR BITCOIN???Well would you look at that, a Bitcoin analysis. Opting for the Higher time frames here, from the chart above we have 4 trendlines, all of which have played significant roles in bitcoin achieveing it's current price action. Looking at the trendline that initiated the bounce on November in the year 2011, bitcoin has found itself at the trendline once again after a tiresome year of sideways movement. You could say this is the bottom. Now in march year 2020, a sell-off came about due to the news of Covid-19 which was a life event that threw technical analysis out the window and saw us create a new trend support. Prior to that, Bitcoin took a bounce off the first trend support shown in the chart and went up all the way to our current trend resistance to make a local top of 13.9k before initiating the covid sell-off event, a move which spanned 9months(274days) from local top to global bottom and still managed to close the month just above our Nov. '11 trend support. (Which means it is a strong area of support) Right now, bitcoin once again has hit that same resistance where the local top was made, and is at the trend support from which the sell off eventually closed its candle but is also on the 9th month of the move (but 275 days instead). Should this monthly candle close without making a sell-off to the covid trendline, i can confidently say this is the bottom and that we would see new highs including a cycle top this year by at least Q2. But becareful, some alts still havent reached support, so it is possible that this isn't the bottom. If you agree with this idea, pls make sure to like and leave your thoughts in the comments section. As always, feedback is appreciated.
BITSTAMP:BTCUSD
by RektMyMom