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Bitcoinforecast

Bitcoin – bull market has just been started!Hello, everyone! Bitcoin has just change my mind to bullish. Also he gave me the very important lesson. I feel upset and have to think what I need to do next. But I feel upset not because of loss, I have the great money management and it’s not critical. I believed in trading chaos and it gave me a lot of nice signals. Now I am going to reconsider which approach to use in trading. Let’s take a look at the 1D time frame on WHITEBIT:BTCUSDT chart. Of course bull market has been started, but I am not going to hurry up to buy all in. I will remind you that I have 23% of deposit in crypto on spot. If I consider that my previous wave analysis is invalid I wanna suggest you the new one. We now have the waves 1, 2 and 3. Wave 3 is going to end next to the current price because it reached the original target 1.618 Fibonacci extension. Where I am going to buy. Waves 4 usually reaches the 0.38-0.5 Fibonacci retracement levels. That’s why I am going to by BTC at $19053 . With the potential target above $22k . Best regards, Ivan ________________________________________________________________________________________________ If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
by Skyrexio
26
#BTC is up 30% in 14 Days. What's Next?Bitcoin is up 30% in the first 2 weeks of 2023. This is a fantastic development in price. Everyone who doubted my analysis is silent now. When BTC wants to break No resistance can stop it. Feels like May 2020. Keep in mind Risk Management is necessary atm. Stay in BTC, Scalp Alts. This is my plan. The following Resistance levels to watch are $21300 and $22800 and $24300. With a little correction, I am expecting these levels to be taken out in a few weeks or maybe days. I have posted hundreds of updates on other social platforms indicating the best time to buy is around $16k. I am still holding the BTC Long and I feel, The trend is changing no matter what they say. Although the real Bull Market will begin in 2024, BTC can reach $30k from here. Let me know what you think, and do hit the Boost Button to support my content! Stay safe #PEACE
Long
by Cryptorphic
9
Bitcoin- New leg up- probable, FOMO- not advisableBitcoin reversed around 30% from November's low with more than 20% made this year, and I already see a lot of people calling for a bottom. Indeed, this is a strong reversal, but calling for a bottom is a little early and, in my opinion, the economy is not out of the woods, by far. Nevertheless, in short term, I'm strongly bullish and I expect a new leg up. Yesterday, Bitcoin had an intraday correction and this could be it and a break above 21 could again accelerate gains to 23k. However, from a speculator's point of view, a buy here is not making sense from a risk perspective In conclusion, dips under 20k should be considered good buying opportunities, with a stop loss under 18k and a take profit around 23k
BITSTAMP:BTCUSDLong
by Mihai_Iacob
18
$BTC BitcoinBTC Price Live Data The live Bitcoin price today is $20,731.01 USD with a 24-hour trading volume of $29,721,602,588 USD. We update our BTC to USD price in real-time. Bitcoin is down 0.91% in the last 24 hours. The current CoinMarketCap ranking is #1, with a live market cap of $399,332,928,479 USD. It has a circulating supply of 19,262,593 BTC coins and a max. supply of 21,000,000 BTC coins. What Is Bitcoin (BTC)? Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009. Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.” Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use. Who Are the Founders of Bitcoin? Bitcoin’s original inventor is known under a pseudonym, Satoshi Nakamoto. As of 2021, the true identity of the person — or organization — that is behind the alias remains unknown. On October 31, 2008, Nakamoto published Bitcoin’s whitepaper, which described in detail how a peer-to-peer, online currency could be implemented. They proposed to use a decentralized ledger of transactions packaged in batches (called “blocks”) and secured by cryptographic algorithms — the whole system would later be dubbed “blockchain.” Just two months later, on January 3, 2009, Nakamoto mined the first block on the Bitcoin network, known as the genesis block, thus launching the world’s first cryptocurrency. Bitcoin price was $0 when first introduced, and most Bitcoins were obtained via mining, which only required moderately powerful devices (e.g. PCs) and mining software. The first known Bitcoin commercial transaction occurred on May 22, 2010, when programmer Laszlo Hanyecz traded 10,000 Bitcoins for two pizzas. At Bitcoin price today in mid-September 2021, those pizzas would be worth an astonishing $478 million. This event is now known as “Bitcoin Pizza Day.” In July 2010, Bitcoin first started trading, with the Bitcoin price ranging from $0.0008 to $0.08 at that time. However, while Nakamoto was the original inventor of Bitcoin, as well as the author of its very first implementation, he handed the network alert key and control of the code repository to Gavin Andresen, who later became lead developer at the Bitcoin Foundation. Over the years a large number of people have contributed to improving the cryptocurrency’s software by patching vulnerabilities and adding new features. Bitcoin’s source code repository on GitHub lists more than 750 contributors, with some of the key ones being Wladimir J. van der Laan, Marco Falke, Pieter Wuille, Gavin Andresen, Jonas Schnelli and others. What Makes Bitcoin Unique? Bitcoin’s most unique advantage comes from the fact that it was the very first cryptocurrency to appear on the market. It has managed to create a global community and give birth to an entirely new industry of millions of enthusiasts who create, invest in, trade and use Bitcoin and other cryptocurrencies in their everyday lives. The emergence of the first cryptocurrency has created a conceptual and technological basis that subsequently inspired the development of thousands of competing projects. The entire cryptocurrency market — now worth more than $2 trillion — is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies. Thanks to its pioneering nature, BTC remains at the top of this energetic market after over a decade of existence. Even after Bitcoin has lost its undisputed dominance, it remains the largest cryptocurrency, with a market capitalization that surpassed the $1 trillion mark in 2021, after Bitcoin price hit an all-time high of $64,863.10 on April 14, 2021. This is owing in large part to growing institutional interest in Bitcoin, and the ubiquitousness of platforms that provide use-cases for BTC: wallets, exchanges, payment services, online games and more.
BINANCE:BTCUSDShort
by BADQOMOCAWGOWLD
Bitcoin 2018 Bear Market v 2022 Bear MarketThere is a striking similarity between the 2018 and 2022 bear markets in Bitcoin as illustrated on this chart. This is the same thing I have been discussing for months now on Twitter and YouTube while so many other large influencer accounts were screaming that it HAD to go below $12K. While there is no guarantee that the low is in yet (there are no guarantees in trading except that you WILL lose money at times), there are a number of signals that it very well may be. This is just one of them. Break out impulsively above the weekly pivot and there should be no looking back.
COINBASE:BTCUSD
by Chris_Inks
1
Bitcoin Analysis 14.01.2023Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
by basictradingtv
33
$BTC Fractal Analysis Bearish for now, until we can see a major change in Bitcoins volume we wont see this fractal play out. If you believe this can happen, we need a major event to incentivize people to stock up on BTC and not cash/ commodities. Another dump from here can see a major change in hands from the weak to the strong. In the past 48 hours over 100 billion dollars has entered the Total crypto market, almost hitting 1 Trillion for the total crypto market cap. IF there is a dump from here, I can picture a lot of volume coming into the space to prop bitcoin back to a new ATH. wait and see.
BITSTAMP:BTCUSD
by A7Fund
1
Bitcoin - the newest local reviewHello Traders and Investors. I hope you are doing well. Let's start with the fact that it was a really incredible week. Bitcoin grew from $17k to $21k. This is very cool, congratulations to all bulls with a profit. I am also partially on your side and am still keeping a trade on my own indicators. Unfortunately, TradingView administration forbids sharing analysis of paid indicators for free, I really don't understand it, so the only place where I can do it is twit$er. Okay, so let's move on to the analysis. The first thing I want to highlight is $21,480, a very important level at the moment, which plays an incredibly significant role. If the price updates this high, it will mean the breaking of the descending structure and the beginning of a bullish trend. After that, the door to $28 - $32k will be open. Will there be a pullback and where to buy? No one will tell you the answer to this question, but you can identify a zone where you can buy bitcoin or open trades in case of correction. At the moment, a very strong support zone is $19,200 - $18,400. In this zone, there is the largest traded volume, 0.5 - 0.68 Fibonacci levels, and indicators that I cannot show according to the rules. All my 6 years of trading experience, knowledge, developments, and indicators I share them here in ideas for free. In return I will ask you just follow me, like this post and leave a nice comment, it will allow me to move faster and make more useful content! 💚💚💚
INDEX:BTCUSD
by Yaroslav_Krasko
The Bitcoin BottomThe chart above provides two bottom projections for the price of Bitcoin. These projections are based on what is called the cycle low multiple . This is a screenshot of the Bitcoin Cycle Low Multiple chart The cycle low multiple for Bitcoin is currently 2. This means that if prior cycle price action is predictive of future cycle price action, Bitcoin's current price (~$20k) is twice as high as it will be at the bottom of the current cycle (~$10k). Although historical price action does not guarantee future price action, history generally tends to repeat itself. With that said, both projections suggest that Bitcoin's price will fall to around $10,000 at some point between late October and late November. Both projections also suggest that this will be the bottom and that price will undergo recovery at the end of 2022 and into the beginning of 2023. In the future, I plan to write a longer post about my thoughts about Bitcoin, blockchain technology, non-fungible tokens (NFTs), decentralized finance (De-Fi), and decentralized autonomous organizations (DAOs), but I will share a few preliminary thoughts below. After much research, it is my strong belief that Bitcoin is posing a systemic risk to the fiat monetary system. Although Bitcoin presents new obstacles as a currency and as a store of wealth, its ability to facilitate transactions and store wealth independent of central banks' monetary systems will eventually draw the ire of these institutions. However, due to Bitcoin's decentralized nature, it will be virtually impossible for governments to stop. This will present a major challenge to the fiat monetary system. Be wary of Central Bank Digital Currency (CBDC) as this could become central banks' means to more effectively stop their citizens from converting fiat currency into Bitcoin. What central banks fear most is when their citizens realize that, due to its perpetually increasing scarcity, Bitcoin preserves wealth over time, unlike any fiat currency. This attribute of Bitcoin combined with its completely decentralized nature makes it a monumental challenge to the fiat monetary system. Finally, one important note: If you choose to accumulate Bitcoin, be sure to use a secure hardware wallet. Do not trust any exchange or company to maintain custody of your Bitcoin on your behalf. Note: This is my first post done on a light background. I have learned that some people have eye strain when viewing charts with darker backgrounds. I would appreciate receiving comments below on whether people prefer a light or dark background on my charts, or if it does not matter. This is not financial advice. As always, anything can happen. Cryptocurrency involves significant risk and investors can lose a significant amount or all of their money.
INDEX:BTCUSD
by SpyMasterTrades
67
Bitcoin - Elliot Wave count updateHey all, here's the update on the previous post I made a few weeks ago. Prices bounced and found support on the technical objective of major Wave A , at 16,540$ . The current situation suggest a relief rally with a first medium term target at 28,300$ . We are now in a major Wave B , a corrective wave built in three minor waves. The top of this corrective wave can be around 39,500$ according to Fibonacci targets . (see chart with three minor waves A,B,C.) Invalidation of the count will be by a break of the previous bottom, at 16,540$ . See you in a few weeks to update the evolution
INDEX:BTCUSDLong
by Augustus1st
4
Bitcoin- Traders should be careful with buy trades nowPretty quickly my target of 21k was reached and, as explained on Monday's post, my trade closed in TP with 1:4 R:R. My optimism from now on is very reserved though... Indeed, we have a higher low in place and Bitcoin is well above 18k support, however, the last 3 days are marked by an almost 20% rise and a correction could follow soon. Technically speaking, above 21k is the resistance zone and from this zone, a correction could start. Looking at a 1-hour chart we can see a small consolidation that resembles a small pennant, so a new high is not out of the question, but, as I said, if you are not scalping the market, in my opinion, is not worth the risk of a buy trade. In conclusion, I will look to buy around 19k and if is not dropping there it can go "to the moon" without me:)
BITSTAMP:BTCUSD
by Mihai_Iacob
23