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Bitcoinprediction

IS IT TIME FOR THE RISE BACK TO $70K?As I said before, I believe we're in an exciting time. We're seeing our first sign of early growth following post halving. BTC has broken the 1HR Trend Resistance and it may soon retest it as support. If it does test and hold we can be poised for a continued run to the upside. It's already broken a Key Weekly Level on Friday and it's possible that it could surpass $65,000 on its march back to $70k. If the 4HR Trend Line fails to hold as support, then I believe we will head back to $60k and test from there. Theirs always two sides of a coin, I create ideas for both. My sentiment is overall bullish, but the bears are just as easy to track & trade. I am going to continue to chart BTC alongside ApeWifHat Weekly. The Memecoin market is not my favorite, but you can't deny the volume of Money being poured into multiple projects. I believe that #ApeWifHat is the next Meme Coin to1000x. It's very early and I'm super bullish. apewifhat.net What's your thoughts on Bitcoins Future? Like, Share, & Comment below!
COINBASE:BTCUSD
by itsmoty
BTC Price Reclaims $64K as Over $175 Million in Total LiquidatedBitcoin's price has breached the $64,000 threshold, causing over $175 million in total liquidations. Over $150 million in shorts position were wiped out, with Binance seeing the most liquidations, with the largest single order being $5.09 million for the Ethereum/USDT trading pair. The price reached an intra-day high of $64,540 on May 4, and trading volume rose by over 15% despite an expected weekend lull. Binance exchange recorded the most liquidations at $72.57 million, followed by OKX at $61.59 million. The largest single liquidation order was witnessed on Binance, where up to $5.09 million went down the drain for the Ethereum trading pair against Tether (USDT) stablecoin. The move saw Bitcoin break above a month-long trendline that acted as resistance, and traders looking to long CRYPTOCAP:BTC should exercise caution due to expected weekend volatility.
BINANCE:BTCUSDLong
by DEXWireNews
Bitcoin Dump: 54K next support?54K seems to be the most likely support level on the 4-hour chart for Bitcoin/USD. After that 52K . A drop to 48K seems unlikely . But possible. A reminder that this is the 4-Hour Chart. If you zoom out, you will notice that Bitcoin is not yet in a bear market. Technical Analysis tools used: Volume, Ichimoku Clouds, Fibonnaci Retracement, Volume Delta, Support Lines. The Fibonacci Retracement show the next likely support levels which correlates closely with the (orange) support lines. Price action below the Ichimoku Cloud signals the continuation of a bearish trend. The new Volume Delta Indicator shows a divergence of sell volume domination over market price, which leads me to believe a trend reversal is coming soon. (around 52-54k) up-to-date Fundamental Analysis: Good news to consider: Possible ETF unbanning and adoption in China (unconfirmed) World's largest custodian bank, BNY Mellon reports exposure to BTC ETF Halvening in effect First Bitcoin ETF's launched in Asia (Hong Kong) Bad news to consider: CEO of Binance sentencing (30. April 24) Prominent Bitcoin Figures arrested Government crackdowns in US/UK/EU on centralized elements of the cryptocurrency ecosystem (CEX, Custodial Wallets, etc.). Asian Bitcoin ETF's flopped due to low volumes on opening day. Psychological Considerations: must-reach-100k mentality of the Bitcoin community Community psychological barrier against centralization and regulation 50k support Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
BITSTAMP:BTCUSDShort
by GoldArti
2
Can Bitcoin hold $57,000 price for Bullish Hopes?Bitcoin has entered a critical juncture, with its price dipping below $56,500 this week on 1st May. This decline has ignited a debate among crypto analysts, traders, and Investors: is this a temporary blip or a sign of a deepening bear market? The current drop has some crypto analysts worried about a potential freefall. They point to the proximity of the price to the $56,500 mark, which could trigger a cascade of sell-offs, pushing Bitcoin towards $42,300 - a level not seen since February. This scenario would undoubtedly usher in a bearish market, characterized by sustained price declines. However, I remain optimistic. As illustrated in above chart, If Bitcoin can maintain support around $57,600, it could signal a continuation of the bullish trend. This would pave the way for a potential surge towards the much-anticipated targets of $82,000 or even $100,000 by the end of the year. DYOR before entering the market!
FOREXCOM:BTCUSD
by Z4F4R
BTCUSD Money heist PlanMy Dear Robbers / Traders, This is our master plan to Heist of BTCUSD market based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned 2 plans with target in the chart Please look at the chart before entry, Our target is Red Zone for Bulls and Green Zone for Bears that is High risk Dangerous area market is overbought / Oversold / Consolidation / Fundamental news occur / Strong Pullback happens at the level. Be safe and be careful and Be rich. Loot and escape at the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of Powerful dynamic levels whether Buy or sell, Once it is cleared we can continue our heist plan to next target. support our robbery plan we can make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
BITSTAMP:BTCUSD
by Thief_Trader
Alt season is about to begin, inflation 2.0 pre 80s stagflationWatchout for inflation 2.0 as the markets remain irrational longer than retail can stay solvent highly addicted on debt and leverage. If we follow the first wave of inflation around September 2020, Bitcoin is doing a massive cup and handle just like Gold and Silver now. Alts will follow. While Bitcoin ranges, Alts will explode starting June as QE restarts, may continue in July and August until September end followed by a big bloody correction. Will the party continue until Bitcoin is 200k mid December? May have to see US election debates and results. Will Bitcoin's 4th cycle continue until next year till it hits 240k? Not likely, the party could be interrupted by a sudden rate hike. Multiple rate hikes you mean? Everyone's expecting a rate cut. If inflation spirals out of control with a historic come back like a strong 80s style tsunami, you can bet the fed will pump the dollar and interest rates will moon, those include mortage rates of course. However, see the newspapers back in the 80s, If I were I wouldn't expect property prices to go down at all. Biden is an 80s guy and this seems to be a climate change agenda to reduce the middle class. Welcome to 2030, I own nothing have no privacy and we will all eat ze bugs farmed by Bayer/Monsanto. Humans don't apply anymore if AI continues moving as fast as it is. Say hello to UBI available for the chipped that decide to live inside the smart and connected cities.
BITSTAMP:BTCUSD
by axelrodd
DAILY DOUBLE BOTTOM FORMING?What's up traders and holders. I charted up #ApeWifHat on the daily timeframe to show you what I think could come by the end of this month. In Orange are daily Key Levels, Purple is a Key Zone, and Blue is the possible double pattern formation. Prediction: Price rises to Key Zone and battles it. From there it could beat resistance then rise to a daily key level @0.00000008225. If it fails to beat resistance, it could consolidate back and forth between the key zone and daily support. Ape Wit Hat has been bearish since the beginning, but I think that it has found its floor. I predict big bullish action in the coming days if BTC and SOL were to rise. It's currently at a $2.6 Mil market cap which is baby compared to other meme coins that has already hit and sustained a Billion Dollar market cap. This is an early opportunity for people who enjoy getting money. apewifhat.net #memecoins #apewifhat #solano
Long
by itsmoty
BTC Upside Over the Next 24 Hrs ☀; Price to Drop Next Week ☁️The price of Bitcoin rallied 3.8 percent to $59,568 over the past 24 hours. “#Bitcoin's market value has rebounded to $59.3K, and the percentage of the network's available supply in profit is at 84.4%. This CRYPTOCAP:BTC ratio is at its lowest level in 2 months. Lower levels generally justify more #bullish conditions,” the crypto intelligence firm Santiment said. But not everyone is optimistic. Standard Chartered’s Head of Digital Assets Research, Geoffrey Kendrick, forecasts that the price of Bitcoin could drop to between $50,000 to $52,000, Bitcoin.com reports. The price of Bitcoin has ranged between $56,900 and $64,400 over the past week, Trading View’s Bitcoin chart shows. Meanwhile research carried out by Fidelity Digital Assets shows that Bitcoin’s volatility is decreasing, even though the above trading ranges seem to contradict these findings. A bullish sun shines over all crypto tokens covered by ATTMO in the next 24 hours, signaling upside potential. Over a one-week horizon, the trading forecast is mixed with Bitcoin, Ether, Litecoin, Avalanche and Binance Coin set to face bearish clouds, indicating downward pressure. Dogecoin, Cardano, Ripple’s XRP and Polygon should, however, continue to profit from the bullish sun. Follow us for more crypto news and weather updates!
BITSTAMP:BTCUSD
by ATTMO
Why Bitcoin's Halving Won't Save You if the Economy Goes Down As we navigate through an increasingly volatile economic landscape, similarities between the current market behavior and the period preceding the COVID-19 market crash have begun to surface, particularly concerning Bitcoin ( INDEX:BTCUSD ). This analysis delves into these parallels and discusses why the upcoming Bitcoin halving might not be the safety net investors hope for if a major economic downturn occurs. Historical Insights: The 2020 Pre-Halving Crash Back in early 2020, just before Bitcoin's much-anticipated halving, the cryptocurrency market experienced one of its most drastic crashes. Bitcoin's value plummeted by 41% in a single day, underscoring the rapid sentiment shift among investors from greed to fear. Notably, our Trend Model had signaled an exit from the market two weeks prior to this crash, prompted not by foreknowledge of the pandemic but by bearish behaviour on Bitcoin. At the time, the Crypto Fear and Greed Index was at a mere 39 out of 100, highlighting a market driven by fear— suggesting an oversold market. Current Market Conditions and Sentiment Fast forward to today, the echoes of the past resonate as the same indices and models show similar ominous signs. With geopolitical tensions escalating and the risk of major conflicts looming, our Trend Model recently signalled another exit. Interestingly, the current market sentiment, with a Fear and Greed Index score of 72, indicates a stark contrast: traders remain optimistic despite the negative price trends—a risky disconnect that could precede significant market corrections. Major market influencers continue to advocate bullish perspectives, with some viewing market dips as buying opportunities and others speculating about market manipulations linked to new ETF launches in Hong Kong. The general consensus among these influencers is that the impending halving will bolster Bitcoin prices. However, a closer look at historical data and market behavior suggests otherwise. The Halving: A Misunderstood Phenomenon The halving certainly impacts Bitcoin by reducing the reward for mining new blocks, theoretically increasing scarcity. However, the effect is neither immediate nor strong enough to counteract significant market downturns. After the 2020 halving, Bitcoin prices didn’t soar; instead, they entered a prolonged period of stagnation lasting 72 days. This historical precedent illustrates that halving does not inherently create upward price pressure but rather contributes to a slow, often muted, impact on the market. Technical Analysis and Future Predictions Applying Fibonacci Retracement to the current weekly Bitcoin charts suggests potential price corrections with levels possibly dipping between $38,000 and $45,000. Further analysis through the Limited Growth Stock-to-Flow (S2F) model indicates that Bitcoin is currently overbought. A retracement to $45,000 would align with this model’s estimation of Bitcoin's fair value. Conclusion: Navigating Uncertainty with Data While the hope for a market recovery persists, relying on the halving to safeguard Bitcoin investments in a turbulent economy is misguided. Our historical data and trend analysis underline the importance of cautious and informed trading strategies. Just as our model successfully predicted exits before major market crashes, including the COVID-19 downturn, Luna crash, and FTX collapse, it continues to guide us through these uncertain times. Investors would do well to remember that external factors such as geopolitical developments or economic crises can dwarf the effects of the halving, leading to sharp price declines. In this context, understanding and respecting the data’s warning signs is crucial for navigating the markets effectively, ensuring that decisions are based on insight rather than optimism.
INDEX:BTCUSD
by AlgoAlpha
4
Caution: Bear trap on Bitcoin! ⚠️ Bitcoin's potential bear trap above $60,000 amid uncertainty over FED actions. Bitcoin's price bouncing back above $60,000 raises concerns of a bear trap. Market fundamentals, specifically FED actions, adding to the uncertainty in the crypto market. Speculating on FED decisions is risky, but their transparency can impact market sentiment. ⚠️ Implications of recent financial easing and potential bear trap for Bitcoin investors. Quantitative easing signals potential turnaround in financial conditions. Coinbase closure above 233 HPDR bands may confirm bear trap for Bitcoin. Massive Wick to the downside suggests damage from past week may be mitigated. 📉 Bitcoin may experience a significant correction in mid-May, potentially setting a bear trap. Bitcoin has been in a cycle for 49 days, nearing the longest correction period of 63 days. The timing for a potential low or bear trap for Bitcoin could be in mid-May, around day 63 of the cycle. A tweet was mentioned regarding this analysis, providing additional information on the topic. 🕰️ Cryptocurrency signals showing high probability targets, despite challenges and personal struggles. High probability targets for Bitcoin signals Struggling with personal challenges and sickness Finding solace in playing Dark Souls 3 ⚠️ Bitcoin's potential trap for investors in May highlighted by technical analysis indicators. Key technical indicators like RSI and moving averages are currently indicating a downside trend in Bitcoin's price. Bitcoin's price movement sideways could lead to a reset of technical indicators, potentially signaling a bullish reversal. If Bitcoin avoids breaking below current lows, a bullish scenario could unfold in the later half of May and June.
Short
by Henrywaters
BTC Bearish 7-Day Forecast - Drop to $55K Imminent? The cryptocurrency trend was sharply negative over the past 48 hours, triggering liquidations exceeding $500 million over the past two days. The price of Bitcoin fell below $57,000, to a two-month low, as the Federal Reserve slashed  hopes of rate cuts any time soon. Inflation remains stuck at high levels, the Fed’s Chairman, Jerome Powell said, after keeping the US’ central bank’s benchmark rate unchanged at a 23-year high. An interest rate cut have is not likely to take place before September. Analysts now await the release of the US April job figures tomorrow afternoon. The number of new jobs created is expected to have slowed down to 243,000 compared to March. The price of Bitcoin lost 4.3 percent to $57,500 over the past 24 hours, to a level not seen since the end of February, Trading View’s Bitcoin chart shows. 🌤️ Mixed trading conditions lie ahead for the global crypto market in the next 24 hours, with bearish clouds lingering over Bitcoin, Cardano and Binance Coin, indicating further downside pressure. A bullish sun will, however, shine over Ether, Avalanche, Ripple’s XRP and many other altcoins covered by ATTMO. 🌥 Over a one-week horizon, bearish clouds are likely to sweep over most of the cryptoverse putting additional pressure on Bitcoin, Ether, Cardano… Dogecoin, Polkadot and Polygon are set to buck this negative trend as bullish sun is forecast to shine over them over the coming week.
BITSTAMP:BTCUSDShort
by ATTMO
#BTC/USDT Next support $52k!#Bitcoin is trading at a decisive point. If this support level breaks, we could drop all the way down to $52k. The trend has shifted bearish, but don't forget that Bitcoin is known for making deviations. Historically, May tends to be a negative month for BTC in terms of returns, and we're already seeing the effects within the first two days. Let's see how this week unfolds. Keep a close watch on the trendline support. DYOR, NFA Do hit the like button if you like these updates. Thank you #PEACE
BINANCE:BTCUSD
by Cryptorphic
Bitcoin ; the pathway Evening folks, mastershark here , what a nice day it was ! After uncountable rainy days in Manchester we needed a sunny one deffo haha . Wanted to share what’s in my mind with bitcoin , first of all i have to start a bit British ( which im not ) if you wanted to hold and you already thinking about selling just after halving you are a c*** lad and you’re gonna regret it one day . Come on !! its your lifetime chance and you gonna secure a happy spot in the top by only BUYING in the deeps not selling ! Back to the chart ; There’s a three major support in the picture; all we need to see whats going on is in the scene, at the top you see a orange one which I consider monthly and two weekly green one which i think you dont need the bottom one , there’s a orange line aswell which is a weaker support in my idea , now whats gonna happen ? There’s two scenarios in my mind , first one is that we will play around orange support box for some weeks and at the end of the month we will have a close above the support and then the main bullrun starts . Second senario is that we close this month red and the next month we touch 48k or even the green box support in the middle and then we set off and start the bullrun . In conclusion i think this month is a hell no for trading , secondly i think this month and the next one are the ultimate chance for bearish mindset and definitely end of this one or next two will be start of the bullrun ( jun-July) So use the opportunity and secure some fat bags , will see you at the top . Stay safe fam
INDEX:BTCUSD
by mastershark
1
BITCOIN BTC/USD Bearish Robbery Plan to make moneyMy Dear Crypto Robbers / Traders, This is our master plan to Heist Bearish side of BTCUSD Market based on Thief Trading style Analysis.. kindly please follow the plan i have mentioned in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area market is oversold at the level Bull Robbers/Traders gain the strength. Be safe and be careful and Be rich. Loot and escape near the target 🎯 support our robbery plan we can make money take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
BITSTAMP:BTCUSDShort
by Thief_Trader
May Foolish BTC Focast & The Fool's Odyssey Til Sept 2024: SELL?Ah, behold, fellow seekers of truth and fortune, for on this illustrious 1st of May in the year 2024, I bring forth yet another tale of folly and insight for your discerning minds. Gather 'round, for what follows is not for the faint of heart but for those who dare to dance on the edge of reason. Let us pay homage to the noble fool who sold in April., that rare breed with minds agape and hearts unburdened by the shackles of convention. Yes, my friends, in their folly lies a wisdom beyond measure, a willingness to embrace the unknown while others cower in the shadows of doubt. And so we find ourselves in the midst of a grand spectacle, where Bitcoin reigns supreme, its price gyrations a symphony conducted by the whims of market makers. Oh, the suspense! It grips us, thrills us, and yes, at times, even sickens us, especially if our hopes are built on shifting sands. But fear not, for in this chaos lies opportunity, for those with the courage to seize it. Intuition, that silent guide, whispers truths amidst the cacophony of market noise. Yet, even the wisest among us may falter in timing, as I humbly confess. Yet, lo and behold, the winds of change blow strong, and though my predictions may have missed the mark, the tide will soon turn. For while I foresaw a descent to $40k, Bitcoin soared to heights unseen, a testament to the capricious nature of the market. So, my fellow travelers in this grand odyssey, heed my words: seize the moment, for opportunity knocks but once. Do not be swayed by the specter of fear, for it is but a trickster's guise, a ploy to shake our resolve. And as we brace for the storms ahead, let us arm ourselves with knowledge, for it is our greatest weapon. Behold, the sacred support levels, the bastions of strength in our hour of need: 1. $56,400 - $51,200 2. $49,046 - $45,905 3. $40,359 - $38,722 4. $31,892 - $25,711 Let this missive be a beacon of hope in the darkness, a roadmap for navigating the treacherous waters of the market. And to you, oh hodlers of Bitcoin, I say: stand firm, hold fast, and let not doubt cloud your vision. For with steadfast resolve and unwavering conviction, we shall weather this storm and emerge victorious on the shores of prosperity. So, my friends, I bid you farewell with these words: HODL strong, and may fortune smile upon us all! Ah, but heed my warning, dear traders, for the next three months shall test even the stoutest of hearts. The time I foretold back in April here , oh how it has come to pass! As the winds of uncertainty buffet our sails, let us not falter but stand firm in the face of adversity. Yes, my friends, the stage is set, and the actors poised for their grand performance. Do not be deceived by the allure of quick gains, for the road ahead is fraught with peril. Yet fear not, for in every challenge lies an opportunity, and it is our duty to seize it with both hands. So, to you, brave souls of the trading realm, I say: be vigilant, be steadfast, and above all, be bold. For the time to act is upon us, and those who heed the call shall reap the rewards. And to my fellow hodlers, I offer this counsel: stand resolute, for the storm shall pass, and the sun will once again shine upon our endeavors. In the meantime, let us hold fast to our convictions and weather the tempest together. For in unity lies strength, and in perseverance, victory. So let us march forward, my friends, with heads held high and hearts ablaze with the fire of determination. The journey ahead may be long and arduous, but together, we shall emerge triumphant. May fortune favor the bold, and may the winds of change carry us ever closer to our goals. Onward, then, to glory! Disclaimer: Please note that the analysis provided above is for informational purposes only and should not be construed as investment advice. Cryptocurrency markets are highly speculative and carry inherent risks. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. If you found this analysis insightful, please consider giving it a like and following for more content updates. Thank you for your support!
BINANCE:BTCUSD.PShort
by MachiavelliTrader
1