Short Term BTC update Invalidated below roughly $23,480.
As usual no time analysis has been done here and the trajectory of the meme lines are purely conjecture.
BTCUSDIDX trade ideas
A red doji just appeared on the daily.All this just as the MACD is diverging from Bitcoin.
XBT still needs to have another test of the $23200 area before things really get going in the long direction possibly near $27,000USD/BTC
btc ! plz show us what r u going to do?There are so many holders that want to see the btc on the 60.000 $ !!!
also the Ukraine war is continuing ,
also the china have started another war!
US is increasing fund rate ,
So i think we should wait for btc upper than 27.500 and then hold this :)
Potential BTC ShortSlight bearish divergence playing out on the daily, also on H4 and H1 but they may have played out already.
Big supply wicks on the last three tops with no major correction on the last two.
Moving into the weekend so would be wary with this.
btc price predictionpotential bottom here lol my friends still telling me that we gonna me a new low but i c how people selling really hard same shit happened on June 10th people started to buy hard and we dumped
BTC X wave target (following fruition of my prior post)Still expecting a 5 wave structure to hopefully crash into the overhead resistance of a meme line.
Following my last post, we require the current 'wave 3' to finish then a wave 4 pullback.
BTC dominance looking poor so hopefully alts can far exceed and we can get that alt season we spent so long waiting for amirite?!
No timeframe has been harmed in the creation of this post (as none was analysed.. as per usual.. we've been over this.)
Macro Leading bearish broadening wedge in developmentAnnotations in the chart. Expecting price to move sideways and down until the end of August in which will probably coincide with the invasion of taiwan
Bear market rally will follow in the form of wave C of IV . Rally will look impulsive to trap usual retail fomo traders and WSB degenerates..
Then big NUKE by Oct- November
BITCOIN - Bullish Outlook and Expecting a BreakoutCPI report released today and a 0,2% expectation for the month vs 1,3% last week is expected to be a 'good result'.
Last week Btc intially dropped on high inflation before rising. Volatility is part of the 'game' and so it will be today as well.
In any acse my outlook is Bullish for reasons I have explained before.
Chart.
Middle of ascending channel is holding nicely as support. That means i am a buyer today, going Long.
Major news/fundamental:
Cathie Wood of ARK Invest Says BlackRock’s Entrance to Crypto Could More Than Double Price of Bitcoin
Wood also notes another Bitcoin metric indicates BTC could actually surge even higher.
“The illiquid supply, according to our estimates, is about 14 million out of the roughly… 18-19 million Bitcoin outstanding… And by our calculations, only three million units are truly liquid. And so the demand – if we were to see a $1 trillion increase in demand – then it would probably drive the price up much higher than the doubling that I just mentioned.”
One Love,
The FXPROFESSOR
Check my previous ideas on finding the BTC Bottom here:
BTC Currently sitting in now trade zone, waiting for a good setup to go either long or short.
Two pissible trades I am eying at the moment.
Where should I exit my BTC?A Common question amongst Crypto Traders is where (and how) should I exit my BTC positions..
We can exit our positions similarly to how we entered them; in a scaling process.
The difference between EZ1 and EZ3 is TIME.
You do not have to wait this whole time because it is all too possible we bounce from EZ1 for you to take RE longs, Most likely for intraday and scalp Trades.
You can also use these zones as HZ's and for shorts (lightly)
We DCA IN... and scale out accordingly.
Always Trade HVA's lightly.
Doji Candles Changes TrendDoji Candles tell you when a change in trend happens, sometimes it is very easy to spot them
Doji Candles change in trendDoji Candles tell you when a change in trend happens, sometimes it is very easy to spot them.
Bitcoin Making A Falling Wedge, & MACD.Bitcoin Making A Falling Wedge, and MACD crossing over, hold liquidity to scoop cheap BTC. SHare your thoughts.
btc/usd Aprire un buy limit su btc/usd usando bitmex a 21875.46 come da immagine con take profit a 24468.13 e stop loss a 21086.87.
Analisi fatta utilizzando supply e demand/ fibonacci e inefficienze.
Bitcoin = 31k or 11k?Please look at the chart in a different way, this is based on trend analysis, bottom and top searching and the fundamental analysis everyone should do to see more insights of the price movement. The price is always catching up to its true value #longtermview
Cost of mining one bitcoin is apparently around 13000$
Larp line's, will it follow????So, I did a thing again, well see how it turns out... This is another alcohol fueled prediction. I'f im right, buckle up.
Bearish Flag I THINK ITS TIME FOR SHORTHey guys this is my idea about bitcoin
what do you think please leave a comment if you are agree with me if not tell me why
thank you
this isn't financial advice we are just trying to help people on their own vision.
BTC UpdateCurrently looks like btc has finished a downtrend with a truncated corrective wave, into a wave 1, then a (bullish) abcde wave 2 correction. What would follow is a wave 3 and 5. I do believe we go lower after this which is why I'm calling it a 5 wave X wave and not the bullish minor waves of a larger wave 1. It may take some weeks (month or 2?) to finish the X wave before lower lows. We must remember that BTC managed to acquire the lowest weekly RSI readings since inception. BTC will hopefully move up to "cool off" the RSI before going lower.
This specific count is invalidated if the rising channel fails and the E goes under the C. Even if that fails it could still be some sort of WXYXZ which would still be a valid 2 but this is less likely. All invalidated below the wave 1 bottom of course.
As ever - ignore timeframes. I do not do time analysis. The length of these lines are purely conjecture.
Bitcoin Trend as calculated through a Linear RegressionNumber probably go up now, if not number will go up around 7.5k/8ks. So, at most you may be risking a 20-30% draw down if you buy the dip now. So, that would be your risk, now how about reward? well, the sky is the limit when it comes to a hard capped sovereign, autonomous, censorship resistant, scarce Commodity with unique abilities pertaining to currencies, store of values and speculation. ( I know this shit is messy, but in terms of probability as defined by the bell curve in statistics, this trend regression can give us real odds of price reaching certain price ranges).
Btc updateHello my friend🌹
Bitcoin is caught in a flag pattern 🏁 A breakout from the bottom takes us straight to the target of 22,500 🍁 and a breakout from the top takes us to $25,000.🌱
We are waiting for failure and consolidation in the pattern.
Be profitable...🤣🕺
