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Bitcoinanalysis

Bullish Outlook with Potential TargetsUpon scrutinizing the 4-hour timeframe, Bitcoin's chart reveals a compelling bullish scenario. The support line, characterized by a noticeable upward slope, is forming significant higher lows, indicating a strengthening upward trend. Notably, a flat resistance level at 37,900 is proving to be a formidable barrier, temporarily halting further upward movement. This has given rise to the formation of an Ascending Triangle pattern, a bullish continuation signal. The interplay between ascending support and a flat resistance level suggests potential upward momentum once the resistance at 37,900 is breached. This is promising setup for strategic entries, eyeing targets at 39,000, 41,000, and 43,000 for potential bullish moves. Learn more about triangles -
INDEX:BTCUSD
by Vestinda
2
Bitcoin Idea - BTCUSDT and BTCUSDHey, fellow traders, Let's delve into the intricacies of the Bitcoin price chart, dissecting the recent market movements with a keen eye on technical analysis. Here's a comprehensive overview: 1. Preceding the ascent to the $40,000 threshold, the market witnessed a corrective phase, experiencing a pull-back to the $34,000 level. 2. Post the retreat to $34,000, there exists a conceivable scenario where the price undergoes a neutral fluctuation within the $33,500 to $34,500 area, persisting for a duration of either 24 or 48 hours. This is attributed to two key factors: A. Fundamentally, the market's trajectory is influenced by multiple factors, from US news and developments these days to Black Friday 2023. B. In a speculative sense, this could serve as a respite for bullish traders, paving the way for a robust upward movement, aiming to breach the resistance at $38,000 and achieve a historic milestone at the psychologically significant round number of $40,000. In the realm of technical analysis, terms such as " pull-back" and " neutral fluctuation " are indicative of corrective phases and consolidation, respectively. Traders should remain attuned to these dynamics, incorporating them into their strategy to navigate the evolving market conditions. Stay vigilant and trade wisely . Arash COINBASE:BTCUSD BINANCE:BTCUSD BINANCE:BTCUSDT COINBASE:BTCUSDT 🚨 Heads up! what you're about to read is my take on the market. It's a mix of my own experiences, some real trades, and general observations based on what's out there in the public domain and historical data. The disclaimer: I'm no financial guru, so whatever moves you make in the trading world are totally on you, my friends. ✅ Got queries or suggestions? I'm more than happy to chat about any currency pair or index in Crypto Market or Forex that's tickling your fancy. Let's decode these markets together! 📈✨
by Arash-RK
Bitcoin bull run to $170,000 or to $1,000,000 imminent?Highlights: Two paths, the least bullish path to $170k and a more bullish path to $1M Next major pivot is still on June-Aug 2025. Next #BTC targets are $170,000 and $1,000,000 1. path to $170k - A flat with a corrective wave going up to $170,000 and a sharp correction afterwards before another major bull run in 2025. 2. path to $1M - A 5-wave up to $1M 3. TIME ANALYSIS: The next major time zones are still on 2025, which means the ongoing upward movement may lust until then. I used fib time zone from the base of Dec 2018 to the highs of June 2019 as the first major fib time zone. The next fib time zone is from the base of March 2020 to the highs of April 2021. Just see the accuracy of the time zone below. 4. The fibonacci levels used are created by a fib retracement on the very first wave 1 to wave 2
BNC:BLXLong
by Bullyena
Bitcoin 28000 in August. And when we find the bottom? BINANCE:BTCUSDT The problem with technical analysis - we have a so much indicators and technics which showed us different numbers. On candles chart youll see another numbers, with lines totally different, and also on different timeframes either will show one more side of chart, so we dont know which one is correct. BUT Daily timeframe chart on BTC in Line chart look like this now. Possible Targets ➡️Downtrend line with 2 perfect touches, waiting third touch, most likely with rejection again around 28000 ➡️Between 28000 - 32000 now very strong sellers zone, which I dont think we break in August. ➡️ After test 28000-30000K we can slowly going down but over downtrend line to buyers zone again 19000 by end of September/October ➡️19100 Previews ATH 2017 and around 13100 in 2018 by line chart so I think we will hold the line and dont break this levels ➡️ The crowd is waiting 10-5K the same like Crowd waited 100K - huge trap! ➡️ My most negative scenario is around 15300 in November - test global yearly support line so everyone open short and waiting 10K sure ➡️ After October Im expecting sideways move and total disbelieve on market, so in November we slowly start new cycle. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. * Look at my ideas about interesting altcoins in the related section down below ↓ * For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light