by btcHello to all dear friends This will be my prediction and my future trades I hope it helps you tooLongby mohamadhoseinroodkhanehi0
Where is BTC heading next?From my analysis, BTC is outperforming all the recent predictions and breaking all the stereotypes. So, here are some trend lines that I draw a month ago, that'll give some good insights into the BTC's next move, So, 24400 is the first resistance 24900 second resistance by gbian52740
Bitcoin CME future can be important to find trend #Bitcoin #cme future if receive to 30000$ at first that it can be revers and come down until 20000$ and maybe 10000-12000$ and if receive to 20000$ at first that it can go until 30000$ . by MehdiMoghaddam983
$BTC continues trajectory we called, to the t!Continuation $BTC Bull Flag Lower low Downward channel Lower volume 4Hr RSI is ok 1HR RSI forming positive divergence WAY EARLY Better if #BTC trades lil bit lower for a few days #bitcoin needs time & it's better if it trades slower IN THE BEGINNING of the stagesby ROYAL_OAK_INC0
Making best case for $BTC bottomApologize but can only for 1 chart here We used a ton of charts for this PLEASE see our profile for more data 1/ Small🧵 Making case 4 $BTC bottom NOT SAYING #Bitcoin bottomed BUT it's good case A UNTIL change, use #BTC Futures data All using spot @ huge disadvantage, to each their own B So far BULL flag playing out, perfectly C Inverse Head & Shoulder forming D RSI stays overbought - 2/ E #BTC downtrend BROKEN Volume not great but buys are in See pinned for $BTC bottom process F HUGE volume November, largest EVER for #Bitcoin To untrained👀weekly looks like all sells BUT, let's dissect G1 Experience knows better, thank GOD Green arrows show intraday BUYING - G2 Yellow & orange arrows = LONG WICKS Yellow volume is OUTRIGHT GREEN! Orange trickier, wick shows BOUNCE back = BUYS H #Bitcoin buys came in around low 17 to low 16k I Spot $BTC, 4th chart shows almost NO buying until 3 DAYS later! J Could this have been capitulation??? - K IMO 24k #bitcoin TOUGH area Gap 12/20 = 24K L Will take time to break, puts into perspective $BTC bottoming process Longer #BTC takes to bottom = BETTER M Look @ A + B, traded above BOTH moving avgs b4 a crossover N Both times heavy vol came LATER O Weekly RSI ok - Truly believe few out there put data like this and have the accuracy. If we get enough we are contemplating videos. We don't need to post and show all of this as we can keep it to ourselves. We aren't really looking to monetize. Our intent is to HELP masses. PLEASE SUB & follow. by ROYAL_OAK_INC0
Perfect $BTC setup continuedSo far $BTC = beautiful! #BTC Went slightly higher 2day forming lower high HOPEFULLY: Volume low during this Few days slow selloff Maybe trade above white line Bases higher than previous lows Eventual breakout with volume Good #Bitcoin setup & bullish for #crypto in generalby ROYAL_OAK_INC0
Bitcoin & The Elliott Wave Guideline of Alternation In EffectThe Elliott Wave Guidelines of Alternation appears to be in full effect in BTCUSD - that is if the bottom of what appears to be a wave 4 is in. Wave 1 After the end of the bear market, we got what looks like a wave 1 impulse. Wave 2 is the first major corrective phase, which is where our story of alternation begins. Wave 2 In Elliott Wave Theory, wave 2 retraces most of wave 1. Wave 1 began at $3K and wave 2 ended at $4K - I'd say that fits the bill pretty well. Black Thursday also stopped somewhere around the 0.786 Fibonacci retracement level. In regards to alternation: Wave 2 I believe was COMPLEX as a double zig-zag labeled as WXY. Wave 2 was SHARP due to how much it retraced and how deep it went. Wave 2 was much shorter at 250 days - this was a correction via PRICE Wave 2's first sub-waves was longer, and the second set of sub-waves were very short Note: In wave 4, almost all of these are flipped Wave 3 Wave 3 was extended, which in itself is alternation with wave 1 in effect. Wave 4 In Elliott Wave Theory, wave 4 retraces much of wave 3, but shouldn't overlap with wave 1. Meaning those waiting for $13,800 or lower Bitcoin were always going to be left waiting. I realize that the correction did not "feel" flat or "sideways" but compared to how much wave 2 wiped out wave 1, wave 4 didn't do anywhere near the damage to wave 3 by comparison. Wave 4 I believe was SIMPLE as an expanded flat labeled as ABC. Wave 4 was FLAT due to how much it retraced and how deep it went. Wave 4 was much longer at 575 days - this was a correction via TIME (which is actually more painful) Wave 4 first sub-waves was short, and the second set of sub-waves (five-wave impulse down) were very very very long. Note: These notes are complete opposite of the notes of wave 2. Wave 5 We'll soon find out if the above is enough to provide us with a roadmap of if a wave 5 is coming. If Bitcoin finds itself below $13,800 on a closing basis, throw this idea away - it would be invalidated. If not, the move will take the market by surprise who are expecting some long, drawn out accumulation phase, because that's what's been happening since 2018. This would be the grande finale in BTC for a while and a vicious bear market should follow unlike what this market has seen before in terms of degree. Longby CoinChartist3
BTC CME Weekly Breaks 200 EMABTC IS way overbought on the daily time-frame, but on CME Weekly Chart Overbought is not hit till $29955 and trading above the top side Bollinger Band on the Weekly which still shows strength. Just Crossed the Weekly 200 EMA today on CME. but... BTC Daily did kiss the 200 Simple today, so... pull-back to the 23.6 or 38.2 could be expected, below 38.2 watch for point of control at $19150 approx... on TradingView.. Chefrusty will publish my convoluted chartLongby Chefrusty0
Perfect $BTC bottom goes like thisPls see profile for more info & up to date 1/2 Look @ big daddy for #crypto guidance $BTC potential BULL FLAG after BREAKAWAY GAP Tried on 1/12 but gapped up 2 days later, better IMO Flags are CONTINUATION patterns Would like 2c #BTC lil higher today + more volume Then Small down trend + volume dies Then #Bitcoin🧨 - 2/2 Perfect #crypto setup Perfect = $BTC forms flag, pops to 24kish NECKLING = RESISTANCE THEN #BTC sells off, forms base Higher base = BETTER No lower than gap fill = IDEAL #Bitcoin can take couple months to do this Watch the 2md leg for VOLUME NOW it MUST be heavyby ROYAL_OAK_INC221
BTC Golden PocketWeve got some nice price action on BTC over the last few weeks as risk assets may potentially be sniffing out a pause in interest rates. Something interesting, last cycle after bottoming in 2017, bitcoin bounced into the golden pocket before taking a tumble. Can we potentially see bitcoin make a similar move in 2023 before the "pivot" crashes the market, and allows for the last possible opportunity before the next moon landing. Longby afurs14
The perfect $BTC bottom🚨🚨🚨 $BTC breaking downtrend🚨🚨🚨 Spot sold off because Futures #BTC open @ 22600 3 hours in, volume is WEAK, it's Sunday, wait AGAIN, IMO #bitcoin goes to 24kish Trade sideways & maybe fill gap Then, if VOLUME is present, finally break out with strength & BOTTOM #cryptoby ROYAL_OAK_INC2
#BTC #LQR #BTC CME Gap ? Becarefull...BTC CME Close is on 22390 ! we have a Gap there , by end of day usually balance emself and may have correction to fill the gap so becarefull with you'r long position's....by tobtctrading3
$TOTAL vs $BTC part 2$Total vs $BTC You can also compare how TOTAL3 is lagging compared to Total, Total2, and BTC Fact that #BTC is testing long term downtrend SHOWS #BITCOIN is LEADING the charge Yes, #altcoin are ripping BUT BTC is leading move BY STRENGTH, mkt cap Bitcoin hasn't really done this last 2 times Next couple days = IMPORANT Need Volume & Breakout #cryptoby ROYAL_OAK_INC0
Avoid Spot $BTC action, use FUTURES price action for dataWe spent over a year and a half documenting how futures data MOVES & DICTATES price action for bitcoin See profile for where we showed this data AVOID Spot $BTC noise LOOK @ #Futures #BTC for real price movement 1 Futures Friday CLOSE 2 Spot Current See difference? Spot #bitcoin can't move properly Went higher, reversed, struggled without DIRECTION Why? It's waiting for Sunday night open of FUTURESby ROYAL_OAK_INC111
Bitcoin CME Report for 10 Jan to 17 Jan and AnalysisCME Overview: Bitcoin and crypto, in general, have had a major run starting most significantly since the start of the new year. BTC1! Is the Bitcoin Chicago Merchantile Exchange Futures trading and comprises institutional trading of Bitcoin. The report that comes out on Fridays shows the actions that occurred by position from the previous Tuesday to the Tuesday before that. Basically, showing a week-long snapshot of institutional positions on Bitcoin and in this idea post from Tuesday 10 Jan to Tuesday 17 Jan which is back-dated by 3 days. Bitcoin CME Report for Tuesday 10 Jan 2023 to Tuesday 17 Jan 2023: From the 10th to the 13th of January price increased from $17.1k to $19.9k before a 2-day break for the weekend. Most notably from Monday the 16th and Tuesday the 17th the CME gapped up, meaning that the close price from Friday (CME closes for weekend trading) the price of Bitcoin increased from $19.9k and opened on Monday at $20.9k. This creates a “Gap”, and by rule, gaps do not have to be filled how ever probability says they have a higher fill rate than not fill rate. That gap has now been reduced from $20.4k to $19.9k but largely still exists. In this period we see that Dealers and Intermediaries (The Exchanges / Brokerages) reduced their longs by 100 positions while still maintaining 3600 short positions. This is very different from what usually occurs in relation to lower timeframe price action as we see Dealers and Intermediaries usually adjusting their positions more regularly to catch the Major Moves Asset Managers still largely out of Position: The other interesting figure from a more accurate perspective is how out of position the Asset Managers have been in the last year plus as they began heavily building longs at the highs in the fall of 2021 and now they have begun to heavily increase their positions in this weeklong period by a further 800 positions. This means that compared to short positions Asset Managers and Institutions are 95.8% Long. Dealers and Intermediaries are still Short: To bring this into perspective Dealers and Intermediaries are still 94.69% Short having heavily shorted in the fall of 2021 and then built and continuously added major shorts from April and from the Summer of 2022, continuously increasing their positions until now. Summary: This most recent COT report is interesting as it shows Asset Managers and Institutionals building longs at the same time as we have good market movement to the upside. This means that we are potentially seeing Asset Managers and Institutionals breaking their losing streak of being out of position consistently in the past 18 months or so. The major move-up in Crypto has been driven by extreme bearish sentiment and heavy shorting in the market as every continuous move-up is met by heavy shorting from retail actors thus providing more liquidity to move price upwards. The gap is down at $19.9k and is still in place and breaking any significant structure above still gives the opportunity for the market to capitalize on taking out later longs that got into position over $20k. The upside move is still in play until support is broken, a new gap that could be formed come the Monday open on Jan 23rd would potentially provide an incentive for market movement as we open the week. Our recommendation is simple, the upside should continue until we have a significant break of structure. Late Longs have not been significantly punished as heavier liquidity is building below us. by TrendmasterOfficial2211
IMO likely Bitcoin stepsIMO steps for #bitcoin over next few weeks $BTC likely rally more, looks like breakaway gap Break downtrend Hit 24k, pink line, maybe even trade bit above Pullback, maybe even fill gap @ 20k *HERE'S IMPORTANT PART if Bottom* #Bitcoin VOLUME from here on in, heavier or light? US Dollar may have a lot to do with thisby ROYAL_OAK_INC1
BITCOIN Build Up for Long!CME:BTC1! Bitcoin is sitting in a cup with a buildup at resistance. On breakout, can Long with possible target to ~23k and ~25k. On breakdown, Short to possible pull back. Altcoins will follow BTC so have your plan ready to execute. I gave AAVEUSDT yesterday and it's a good one to gain % faster. Lets get it! If you liked this idea or if you have your own opinion about it, write in the comments. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Longby imr4nkh8n115
BTC In A Corrective Pullback: Intraday Elliott Wave AnalysisBitcoin made sharp reversal and strong recovery last week, which we see it as a five-wave bullish impulse from Elliott wave perspective. With recent sharp decline into wave (a), followed by current recovery in wave (b), there's a chance for another wave (c) drop to complete a higher degree wave "iv" correction. Ideal support comes around 20.000 level that can also fill the BTC CME Futures Monday's GAP before the uptrend for wave "v" resumes ahead of the weekend. Happy trading!by ew-forecast778
BTC remaining Gaps ... one at 9.8KHere are the main remaining Gaps in the BTC futures chart. The one around 18K has been filled. There still is a (small) gap around 9.8K ...by MFFD223
Bitcoin FuturesSubscribe and get a free trading strategy for Bitcoin and other instruments every day! Hello, my friends! I wanna show you price GAPs today. As you know it usually should be closed by the price. There are no such GAPs on the usual chart but you can see them on BTC Futures chart by CME P.S I do not adhere to a time frame in my analysis of the instrument, a reaction in the instrument may occur earlier or later. It is important to understand the price movement when reacting to the level, as well as the buyer and seller reactions. Well, and a few more secrets, this material is not a trading recommendation )))by Anton_t_t_t_eng4
BITCOIN - WHERE ARE THE MAIN GAPS?Hello friends! I come to bring a reading about the main CME GAPs for Bitcoin on the weekly chart. Note that below the current price there is an important Gap, which is between 20900 - 19500k. Above we have two very relevant gaps: 1- Between 29000 - 27300k 2- 35900 - 34500k This is not absolutely true, but often the price tends to close these gaps. What would be the best move? In my view, closing the current gap and a strong push to close the top gaps would be ideal. If the opposite occurs, this could be disastrous for the structure formed. And you, what do you think? Have you already observed these Gaps? Leave your boost and a comment down below! To the next! Healthier movement: Longby GustavoCorrea13
BTC 4hr has TEXTBOOK bearish engulfing$BTC 4Hr chart Pretty decent sell volume BEARISH engulfing Likely get some more weakness to fill gap YET, #BTC still has chance to keep the breakaway gap pattern alive but times running out #bitcoin #cryptoby ROYAL_OAK_INC1
$BTC again making case for BOTTOM, differences vs other timesSorry, copy paste & can't show all the charts mentioned See TV profile - 1 $BTC is making a good case for bottom BUT #BTC did this 2x already We'll show DIFFERENES this time vs other times Bad & Good Bad NO REVERSAL on #bitcoin of any kind, sucks Only major bad seen! - 2 GOOD signs for #bitcoin bottom $BTC RSI is HIGHEST in a year! Weekly #BTC went from: OVERSOLD > Positive Divergence > ABOVE 50 Trading ABOVE Jun - Nov lows (red Line) - 3 GOOD signs for #bitcoin bottom $BTC gap COULD be BREAKAWAY GAP We'll know VERY SOON, before week over Volume GOOD & hasn't given back 2nd weekly #BTC trades above moving avgs 2 GREEN CANDLEs with decent volume last week - 4 GOOD signs for #bitcoin bottom Haven't seen 1 influencer that has high WIN ratio With that said, most aren't AS bullish on $BTC as in the past, not much hysteria #BTC shorts are @ 2nd LOWEST in a year Could be more ammo for LEVERAGED longs G night, Happy Trading! #cryptoby ROYAL_OAK_INC0