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Btcanalysis

BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this BTC /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-Bitcoin (BTC) mostly consolidated on Thursday, following news that the U.S. Federal Reserve could be set to move away from its aggressive rate hike policy. Wednesday’s FOMC minutes showed that “A substantial majority of participants judged that a slowing in the pace of increase would likely soon be appropriate.” The news comes as inflation in the United States begins to slow down, following several back-to-back rate hikes. Following a move to an intraday high of $16,771.48 on Wednesday, BTC/USD is trading at $16,544.58 as of writing. Looking at the chart, this comes as the 14-day relative strength index (RSI) failed to break out of a ceiling at 40.35. Currently, the index is trading at the 39.90 level, with momentum now moving towards a downtrend, and in particular to a floor of 38.00. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
1
BITCOIN ON THE MOVE.Hello traders, I hope you all are doing well. Here's a quick update on BTC in 4 hours timeframe. BTC has been under a big pressure lately but it managed to get out of it after a long 7.3% pump. This bounce brought a small relief to the market and if we see the chart then it actually broke out of the resistance trendline. This could be a good thing for BTC and the market but only if we see a bounce back from this level. The current scenario looks like a retest and BTC could possibly bounce back. A breakdown below the upper trendline will invalidate the bullishness in BTC. Still, we have 2 hours left so let's see what the next candle will bring. Thank you so much for reading. Trade safely.
BITSTAMP:BTCUSD
by Dexter_The_Trader
9
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC/USDT 4Hr chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:- The two critical levels here are $18.5K and $14.3K. As demonstrated by the red and green hues, a break from any side followed by a small pullback can define the trend’s direction. Technically, this pattern is frequently interpreted as a continuation. As a result, because the trend is downward, technical analysts anticipate the negative trend will continue. However, present volatility is driven more by the news. Therefore, it is preferable to pay close attention to the given horizontal levels. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this BTC /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-Bitcoin (BTC) slipped below $16,000 to start the week, as volatility in cryptocurrency markets continued to rise. Following a high of $16,590.42 on Sunday, BTC/USD dropped to an intraday low of $15,943.14 earlier today. The move pushed the world’s largest cryptocurrency to its lowest point since November 14, when prices fell below a key support point of $16,200. Looking at the chart, BTC continued to trade below this point of support in today’s session, with the 14-day relative strength index (RSI) also hovering near a floor of its own. The index is currently tracking at the 32.79 level, which is marginally below a key support point of 33.00. Should this decline continue, we will likely see bitcoin bears attempt to take the token toward a lower floor of $15,600. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
1
Bullish deep crab harmonic on btcBTC is developing bullish deep crab harmonic on a daily chart which will complete at $12,884 which is its PRZ(Potential Reversal Zone). Price will bounce back from this level to the upside. On a weekly chart we have another bullish deep crab harmonic developing which will complete at $3,752. Remember this is a weekly chart so it can take months to complete but looks less likely that we will see BTC price to see bottom of 2018 but considering world's financial crisis ANYTHING can happen to crypto because crypto is MOST volatile of all financial markets in the world. We will see good days next year summers In sha Allah.
BITSTAMP:BTCUSD
by NasirCrypto
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC USDT 4Hr chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS: Bitcoin breaks the uptrend line and kisses the support area as expected. Keep an eye on this as the market will dump hard if BTC breaks below the significant support level. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
BITCOIN: CAN WE SEE A BREAKOUT???Hello guys, I hope you all are doing great. As we are coming to the end of the weekend, we can see BTC making a move trying to break through the symmetrical triangle in 4 hours timeframe. Things will surely be good if BTC breaks out and make a small rally toward the $17.5k range. We still have 1 hour to go so if there is any positive breakout, we can go long on BTC with tight SL ($16.3k). The target will be around $17.5k (5%). DYOR before investment. Trade safely.
BITSTAMP:BTCUSDLong
by Dexter_The_Trader
5
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERSHello, welcome to this BTC/USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-Bitcoin (BTC) was once again trading lower to start the weekend, as the token moved back towards a recent price floor. BTC/USD fell to an intraday low of $16,564.61 in today’s session, which comes less than a day after hitting a high of $16,795.20. The move sees BTC move closer to this week’s support point of $16,000, which has been in place since the FTX collapse. Looking at the chart, today’s drop in price comes as a hurdle was hit on the 14-day relative strength index (RSI). This wall of 38.00 on the indicator has seemingly prevented bulls from recapturing the $17,000 mark, and in turn, opened the door to a bearish reentry. Should Saturday’s bearish momentum continue to intensify throughout the course of the weekend, BTC will likely edge closer to $16,000. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
1
Bitcoin – triangle correction has been completedHello, everyone! Last several days the Bitcoin is staying at the same place and I can see the contradictory in the analysis from the influencing traders. As usual after such huge crash a lot of bulls have been activated talking about the bottom at $15600. Wave theory and trading chaos tell us that it is not true. Total disappointment is about to happen next couple of months, but today let’s consider the current triangle correction in details. I want to remind you that after impulsive downside wave 3 the market started it’s corretive wave 4. I have already assumed zigzag, flat correction, but last time I finally concluded that we faced with the triangle corretion ABCDE. Look at the chart how these waves are divided into zigzags abc. As I can see the last wave E have been already finished and now the market started the wave 5. I expect the dump to at least $15k at the new weekly candle open. Best regards, Ivan
Short
by Skyrexio
22
BITCOIN - Bear Market about to endAs with every bearish cycle, panic is reigning in the crypto world right now. And for this very reason it seems appropriate to make this analysis that, hopefully, will shed a ray of sunlight on the fearful ones. Since there is a lot to work with, I will divide the analysis into 3 parts (please note that this is macrocyclical trend analysis but fundamental analysis has not been considered). The material in this publication has no regard to the specific investment objectives, financial situation or particular needs of any viewer. This publication is presented solely for informational and entertainment purposes and is not to be construed as a recommendation, solicitation or an offer to buy or sell / long or short any securities, commodities, cryptocurrencies or any related financial instruments. Nor should any of its content be taken as investment advice. Trading and investing is extremely high risk and can result in the loss of all of your capital. Any opinions expressed in this publication are subject to change without notice. 1) Cycle Duration: Bearish cycle & Bullish cycle 2) Bear cycle bottom & Current bear market correction 3) Bull cycle top & Next bull cycle gains 1) Cycle Duration Bearish cycle : If we measure the duration of the previous bearish cycles, we can see that the 1st cycle lasted around 150 days, the 2nd cycle lasted around 640 days, and the 3rd one lasted near 820 days. If we average them we can estimate a duration of 550 days for the current bearish cycle. As a result, we can infer a high degree of probability that we'll touch the bottom within the 4th quarter of 2022. Bullish cycle : If we measure the number of days between the maximums of each cycle, we obtain an average of 1180 days. With this result we can infer that the next cycle top will be around June 2024. On the other hand, measuring the duration of the bullish cycle of each macro cycle, we obtain an average of 600 days per cycle. Which allows us to forecast that the next bullrun will be between the 4th quarter of 2022 and the end of 2023 1st semester. 2) Bear cycle bottom & Current bear market correction Bear cycle bottom : The first bitcoin correction was about 93%, the 2nd one was near 85%, and the 3rd one was arround 83%. On average, bitcoin corrections have been reducing by 5 points per cycle, so we can infer that the current correction can reach approximately 73%. The price bottom we obtain with these calculations is roughly $14,000 3) Bull cycle top & Next bull cycle gains Bull cycle top : As in all markets, as the market capitalization of an asset increases, the amount of money that needs to be injected to produce a significant price movement also increases. Therefore, in percentage terms, we can expect the profit level of the next bullrun to be lower than the previous one. In total terms, the 1st bullrun saw a rise of around 52,000%, the 2nd bullrun rise was close to 12,000%, while the 3rd rise was close to 2,000%. With this movement patterns it's fair to assume that the gains porcentage will be lower, so we infer gains of up to 1,000% for the next bullrun. The price top we obtain with these calculations is roughly $150,000 I hope you enjoy this review and found it useful. Or, at least, that this helps to give that little push needed for trend reversal. Cheers!
BNC:BLXLong
by GSANMARTINv
1
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC USDT 4Hr chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis. CHART ANALYSIS:-BTC got rejected from the horizontal resistance. There is uncertainty on the lookout and the volume is extremely less. The short-term range of BTC is from $15.6K to $17.1K. A strong breakout above $17.1K would confirm a push toward the bearish order block around $18.5K, which is the fundamental level for bulls to break for the mid-term bullish affirmation. A sustained breakdown of $15.6K support would confirm one more leg down in the market toward the $14K to $12K zone, and that could be the end of the corrective waves. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2
Bitcoin has just fooled me!Hello, everyone! Recently I tried to guess which form the Bitcoin will choose for the wave 4. Firstly I supposed ABC zigzag correction. After I thought that it could be the flat correction. Today I finally understood what market wants to tell us. The first bounce after wave 3 ended exactly at 0.5 Fibonacci retracement level. This is the maximal natural correction for triangles. Triangles usually happens in waves 4 or b and we have the wave 4 now. I considered flat correction but in this case we have to see the impulsive wave 3 to the upside inside wave c, but we still did not. I think that BTCUSDT is about to form d and after that wave e before the wave 5 to the downside. I decided to re-open short (at the same level where I closed it) and wait for the minimal wave 5 target approximately at $15k. Best regards, Ivan
Short
by Skyrexio
17
BTC BTCUSDT ATH is on the way After correction EndsThe market took a deep dive since the start of the week, despite the heavy correction BTC is still holding to the ground and Support levels still intact. If The last support level fails to hold the price it's a freefall for BTC and the whole Market. But since this level is too strong and no indicators are shown to prove the idea of a support penetration we will go Long depending on historical review. >>>> BTC holding areas: First 52K-48K .... Second: 48K-44K If it fails we are doomed ( but till now no signs of a trend break) Target: Reaching New ATH ( 70K ) Average period: 1 Month Average Rise %: 45% .... We will update When Conditions are met and close when Support fails to hold the price. This is not a thought it's an Analysis based idea. And forecasting, either way, is based on obvious conditions.
Long
by Momo47SA