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Bitcoin- It's imperative for bulls to keep 21k intactSince the beginning of the year, Bitcoin has entered a strong recovery move, and although I'm not so optimistic and don't see a sustained rise for the next 6 months or so, for me, as a speculator, doesn't matter much if the price of BTC will be 100k or 10k in the next 6 months. All that matter is where BTC's price will be next week. And all I know is that, at this moment, the old 21k resistance should act as support now. As I said, the price is very well sustained at this moment and, as long as we are above 21k, bulls hold the upper hand. That being said, buying dips could be a good strategy if we target 25k and set a stop loss under 21k
BITSTAMP:BTCUSDLong
by Mihai_Iacob
12
Short Term Bitcoin longThe chart for $BTC is showing me many bull flags. From the chart shown above, you can see a local breakout, Moving Average support is holding $BTC, and that RSI has lowered. I have done much more analysis to back my long belief, special indicators of mine indicating it will go up among other fundamental and technical analysis. Keep in mind $BTC is volatile these days so I advise being very careful and vigilant! STOP LOSS: $22,180 TP1: $23,400 TP2: $23,600 TP3: $23,800 TP3: :$24,000 You may wonder, "Why have you not shared all your TA and other analysis?" Well simply because the Fundamental side of it is quite long, and honestly I do not like showing all my TA tricks publicly on TradingView. I also unfortunately cannot tell you where to go to see all my tips and tricks because TradingView will label it as self advertising lol.
BITMEX:BTCUSD.PLong
by MarketAnalyzerFX
BTC Bitcoin: 1D Chart UpdateToday you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD). Bitcoin price has been pumping recently and there is potential for it to keep moving higher, but BTC price and RSI just made a lower low. If price keeps heading lower, it may come back down the channel shown in the chart. The area of support is in the $15K-$16K region. RSI may be cooling down as well. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #millionaireeconomics
BITSTAMP:BTCUSD
by MillionaireEconomics
13
BTC TRAP - What goes up, must go down!Greetings Investors, Traders and of course Beez! Today CryptoQueens have prepared an analysis regarding BTC after its recent pump. So without much talk, let's get to it! In particular if we watch closely the chart, we can observe that price has been moving inside the descending triangle in the Daily time frame for a long period of time. Eventually, price has either to breakout to the above or breakdown. The majority of times, it tends to breakout to the upside. Hence, after bulls, pushed the price above the descending resistance line, a huge inflows of buying power flew directly into the market pushing Bitcoin even further to the point of 23,390$ breaking the previous high of 22,850$. Since then, price has been consolidating, between previous high which acted as support and new high. This especially, indicate us that bull are still present, and that they are preparing for the next leg up. Next Resistance - Bearish Orderblock is standing at 25,000$. In the imminent case of breaking above, we can expect to see prices such as 28,000$, filling the FVG GAP or even test the area of 31,000$ where the next Bearish Orderblock is located. Make no mistake though, after having a quick peek at the image attached to the chart, we can observe that large positions has been liquidated even at the level of 23,300$ and liquidity from above has already been grabbed at the highlighted levels in all exchanges. At this point we can expect high levels of FOMO to flow into the market from retailers. Don't fall for it! IMPORTANT: When price bursts to the upside without consolidation, its considered unhealthy, as it creates no resistance/supports on its way, therefore what goes up quickly, it has to go down swiftly eventually. Moreover, bear in mind that, reversals tend to occur, when everything indicates the opposite! After new high has been formed and price get rejected, we highly anticipate a new low to occur! DISCLAIMER: This analysis is not intended to encourage any buying or selling activity of any particular securities. In addition, it should not be considered as ground for taking any trade action. Hence, your own diligence is highly recommended before entering any trade. If you liked the idea, make sure to support with a like, follow and a comment! Best Regards, CryptoQueens.
by Crypto_Queens_Official
47
#Bitcoin Upside Momentum Dropping, BTC Needs to Break $23.3kPast Performance of Bitcoin Bitcoin may be on a solid uptrend, but the momentum is fizzling. Buyers remain in charge but whether gains will be as rapid as in the past ten days remains to be seen. Notably, resistance remains at $23.3k and needs to be broken for the upswing to be valid. Technically, support remains at $21.5k, and as long as prices are above this line, buyers have the upper hand. #Bitcoin Technical Analysis The path of least resistance is northwards. However, in the short term, BTC may crater in a welcomed retracement. The uptrend will remain valid provided prices are above $2.15k, as mentioned earlier, but also within the bull bar of January 20. It will be the case, especially should the correction be with relatively low trading volumes. This will validate buyers from volume analysis preview, allowing traders to accumulate. Conservative traders may look to exit their longs and wait for entries above $23.3k, buying on dips and targeting $25k in the short term. What to Expect from #BTC? Buyers are upbeat but whether the uptrend will last or pump higher with the same momentum is yet to be seen. There needs to be confirmation of January 20 gains, pushing BTC to new Q1 2023 highs. Resistance level to watch out for: $23.3k Support level to watch out for: $21.5k Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
1
Bitcoin – my next insane trade!Hello, everyone! It’s time to forget about my failures which I made last couple of weeks and think about new trade ideas. Of course it’s extremely dangerous to buy Bitcoin right now becuase it shows us some sign of weakness. We will use 4h time frame of BINANCE:BTCUSDT chart to count the waves inside the current cycle. The Awesome Oscillator is our main tool to understand the waves order. It’s maximum value corresponds to the wave 3 top. After that we saw the zero line crossover which is the sign that wave 4 has been finished. Now the BTCUSDT is printing the wave 5. I suppose it’s almost done. I expect the only one fake breakout to $23600 – $23800 price levels. Moreover the wave’s 5 target is located also next to this price value. The overall uptrend is not finished, but I expect the correction where we can enter the BTC long trade. The target area for the potential dip is $20500 because the wave’s 4 end of lower degree is located here. Best regards, Ivan ________________________________________________________________________________________________ If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
by Skyrexio
8
Bitcoin-TA-2023, Bearish PossibilityHello everyone, hope you all are doing good. Recently i made a short-term Bitcoin analysis about the Bullish scenario of Bitcoin . Since in trading we have to think in two ways (both upside and downside). So, this time am making the Bearish scenario of Bitcoin . As of now the way Bitcoin is moving somewhat similar to 2014 Bear market. The action or movement in the RSI is little similar: The Drops = 1+2+3+4 DoubleTop = A+B BullishDivergence = 2+3 RSI pump from x to y roughly 40 to 70 level to create "B" of DoubleTop Important Point: Divergences are something like "slow transformation of trend" ex: converting Bullish to Bearish or Bearish to Bullish . Bullish action in price = lowerLow->again->lowerLow(slowly Drop percent reduces gradually)->next->DoubleBottom or small higerLow->next->higherLow->next->higherLow(slowly percent increases gradually). In 2014 after BullishDivergences formed "2+3" the result of next move after Divergences formed, the price+RSI has to normalize, so it made DoubleBottom in Price and higherLows in RSI . Currently Jan2023 Bitcoin moved a massive pump right after Bullish Divergences formed "2+3", so the conclusion here is the Price+RSI has to normalize. In RSI pullback has to happen means HigherLow has to be created. So, what will be the price action I can't say exactly but it can be doubleBottom or small LowerLow/small higherLow. Not financial Advice, but IMO based on the above analysis Bitcoin may move up little and finally Bottom out to in a range of 17k to 14k. Note: The above Analysis is only Bearish scenario of current Bitcoin action. (Only If Head and Shoulders Pattern fails.) Bitcoin-TA-2023 Short Term Analysis Thank you, stay samrt n safe.
INDEX:BTCUSDShort
by nmchary
7
#Bitcoin Shaking Off Sellers, BTC Uptrend Valid above $21.5kPast Performance of Bitcoin Bitcoin has added eight percent in four days, staying clear within a bullish formation, and buyers expect even more. The rejection of lower prices on January 23 meant BTC remains within a bullish course above $21.5k. Presently, the January 18 bull bar guides the uptrend, reaffirming the presence of buyers. #Bitcoin Technical Analysis BTC is within a breakout formation, with the bullish engulfing bar of January defining the short-term formation. As long as prices range above $20k and $2.15k, every low may offer opportunities to double down for aggressive, risk-off traders. This preview is further cemented by the fact that prices are trading above November 2022 highs, a critical support. Per the current state, BTC may set its goals at $25k in the short term and $30k in the medium term. What to Expect from #BTC? Buyers are solid and macro-economic factors are buoying the present leg up. Technically, BTC is above two critical support levels, meaning bears may require more pressure to break below these floors and re-establish their dominance. As long as BTC rejects or soaks in selling pressure, there could be more room for upsides in sessions ahead. Resistance level to watch out for: $25k Support level to watch out for: $21.5k Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
Bitcoin BTC price trade and analysis situation on crypto marketThe weekend was quite active on the crypto market. Many cryptocurrencies grew in value, including the main one - Bitcoin In general, it happened as we assumed in the previous idea: people started closing shorts either by themselves or by the stops, and the prices of all assets began to grow rapidly. We assume that another impulsive growth to the $24800-25000 area is possible in the coming days This zone is "the last bastion of the sellers' defense". In August 2022, there was already a fierce battle between buyers and sellers in this range, and the sellers won then. We'll see what happens this time, but in this liquidity zone, we will definitely fix some of our long positions in BTC and altcoins, taking profits. This will make it psychologically easier to "look around", make a realistic and adequate assessment of the market situation, and make the right trading decisions in the future. Have a great trading week to all you. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
44
#Bitcoin Rallies 10% in 3 Days, BTC Bulls Targeting $25kPast Performance of Bitcoin Bitcoin added roughly 10 percent over the weekend, reading from the performance in the daily chart. The coin is within a bullish formation, trending above $21.5k and firm. It is an indicator that buyers are in control, and every low could, technically, offer an opportunity to double down. #Bitcoin Technical Analysis BTC is within a bullish formation. At spot rates, the coin is up roughly 40 percent from December lows and possibly set for more gains. A noticeable development is the sharp surge above $21.5k and November highs. The breakout saw BTC add roughly 10 percent. Since bull bars are along the upper BB, traders may search to double down, adding their longs and targeting Q3 2022 highs at around $25k. This preview is valid provided prices are above $21.5k, and BTC bars are trending higher with expanding volumes. What to Expect from #BTC? The path of least resistance is northwards, and BTC is solid, within a bullish breakout formation. The immediate support is $21.5k and November highs. If prices are kept above this zone, there could be more upsides in the short to medium term. Resistance level to watch out for: $25k Support level to watch out for: $21.5k Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
1
Bitcoin Eye Cand-yPulling out some tool not used so often in the toolbox. The Red Line or the .236 @ 22.9k is the Resistance and the area to short from. Using a pitchfork we can see the downward slope we are in with the Orange dotted line denoting the current Lowest Low. If you use a Composite Index Indicator, you're aware of a drop thats going to occur in the coming day(s). How far it goes is yet to know, though i have my readings. Honestly, I had previously thought that ~15.5k was were the bottom was going to be and i am keeping an eye on that level. As it's technically still in play as many other have had that assumption too, though I have my suspicions. Keep your wits about you, and check the weather, CryptoWhether.
Short
by CryptoWhether
BTC Bottom Update...Only IF it doesn't bottom by the 25thThis will be the chart I go off of if the market doesn't crash. If it doesn't then we will be slowly fading until (1+√5)/2, meaning 5/12/23 or May 12th '23 even thoug the Gann Star extends to the 18th. We have some very important moves in the next few day, and if you've been looking at the RSI's and stuff, you can see we are about to make a move down. I'll show a close up from another chart that im working on that shows the details of the next few days. You can take a look at the difference between this chart and the Linked Ideas of the Third Eye Intuition and see that i change the 0.5 of the gann star. Keep your wits about you.
BITFINEX:BTCUSD
by CryptoWhether
4
The important resistance of $23,371Bitcoin stopped the previous day due to hitting the important resistance of $23,371 and again took the range trend in the lower timeframes. But in the daily and 4-hour timeframe, we can consider the price within a range channel. Bitcoin's current support level is in the range of $22,671, and its second support is in the range of $22,238. As long as the bottom of the ascending channel is maintained, the higher targets set in the resistance range of $25,282 to $26,700 could be the following range for buyers.
by MonoCoinSignal
19
Bitcoin – last pump before correction!Hello, everyone! Making many mistakes last couple of weeks I am not going to give up in learning how to trade using Trading Chaos by Bill Williams. I don’t know why, but I believe in this approach. I decided to switch to the 1h time frame to have more practice. Today I am going to show you my next trade. Let’s take a look at the WHITEBIT:BTCUSDT chart. Looking at Awesome Oscillator we can conclude that the wave 3 has been finished and minimal requirement for the wave 4 end also has been met. I am going to catch the wave 5. Here we have the fractal signal at $22974 . If the Bitcoin price will cross this level it means that this trade become active. Here we have the clear stop-loss below the down fractal at $22637 . I am going to use this trade. Let’s see what happens. Best regards, Ivan ________________________________________________________________________________________________ If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
Long
by Skyrexio
16
Bitcoin Analysis short termHello Traders, this is my weekly analysis for btc from TA perspective : Btc was moving in impulse wave, with confirmation in swing ratio and volume. Is now showing volume divergence and momentum divergence, that indicate reversal soon. Am still expecting wave 5 to be happen after small retrace towards around 21.3k - 20k to touch MA200 (Daily) once again. Will patiently wait for PA for long in that area. Won't short because the price still in strong bullish move, unless there's clear PA. Cheers!
by PakRT