BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) continued to trade lower on Monday, as markets consolidated ahead of a pivotal week of economic events.
Following a high of 29,952.03 on Sunday, BTC/USD slipped to an intraday low of 28,360.50 earlier today.
This move saw Bitcoin briefly fall below a critical support point at 28,500, hitting its lowest point since April 27.
Overall, bitcoin remains nearly 4% higher than at the same point last week, when prices were close to the 27,000 mark.
As a result of today’s sell-off, the relative strength index (RSI) has dropped to a floor of its own at 50.00.
The index is now tracking at 50.09, with BTC rebounding from its earlier low, and currently trading at 28,591.66.
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Btcshort
BTC/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) After the uptrend, bitcoin reached the crucial $30K resistance level and failed to sustain above. However, after a short-term correction phase that resulted in a 14% drop, bitcoin found support at the 50-day EMA at $27.3K.
This has prompted another uptrend, which provides a positive signal for the overall outlook of the cryptocurrency, indicating that the bulls are in control. However, BTC is currently facing an important and decisive resistance level at the $30K price area and it is attempting to break out of it.
If successful, it could start a strong bullish rally towards the $40K price channel. On the other hand, if the price fails to overcome this crucial level, a double-top pattern will form, potentially leading to another bearish leg.
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BTCUSDT Price PredictionAs we can see on the 4h chart a down spike that overshot the upper bollinger band has been followed by a deep correction which failed to reach the upper bollinger band.
A second sell off is expected to test the low of the spike and/or the lower bollinger band.
A conservative and safe target could be the level of structure along the way which has been shown by the yellow rectangle.
BTC filling a gap to fall - now bearishIs BTC gambling?, nevertheless has been a good opp to see many hedge funds, fortunes investing a huge amount of money.
Let's see if the FVG is there or not.
The great day will on Wednesday next week. Fed interest decision.
This is not a financial, is just for fun.
Enjoy, and use always Stop Loss. Your money is limited.
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) There was a strong rebound on Wednesday, as markets reacted to the news that deposits at First Republic Bank fell by 100 billion last month.
BTC/USD rose to a peak of 29,121.97 earlier in today's session, following a low of 27,217.17 the day before.
This move has pushed Bitcoin to its highest point in the past seven days when it was trading above 30,000.
Overall, prices turned bullish as bulls rejected a breakout below long-term support near 27,000 on Tuesday.
The Relative Strength Index (RSI) also bounced off its own floor at 44.00 and is now tracking at 54.09.
The ceiling of 55.00 could act as a checkpoint for the bulls, and if they go beyond it, there is a strong possibility that BTC could climb to 30,000.
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Bitcoin Strong Sell Signal:High Possibility It Will Break 27.2K Hello and welcome to another Bitcoin analysis video. In this video, we will take a look at the recent price movement of Bitcoin, which surged to $29.8 yesterday before having a sell-off and retracing back up to fill the fair value gap.
We will also use some technical indicators and chart patterns to predict where the price could go next and what are some of the key zones and levels to watch out for.
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Hold or Bust: Bitcoin's Future Hangs in the Balance The current state of Bitcoin's momentum, seems to be slowing down based on the Ichimoku Indicator. I am specifically focused on the Chiku span, which is the green line diving into the price. This is usually followed by a fall in price. Additionally, Bitcoin is currently below two other indicators, the Tenken Sen and Kijun Sen, indicating bearish signs. However, Bitcoin has the support of the cloud, which is still acting as a barrier between the current price and the potential drop to $25.2k. I say that more time is needed to see if the price will bounce off the cloud or fall into it, ultimately affecting the value of Bitcoin.
Bitcoin to continue in a selloff after fakeout?Bitcoin - 24h expiry - We look to Sell a break of 26897 (stop at 27601)
There is no clear indication that the downward move is coming to an end.
A sequence of daily lower lows and highs has been posted.
Our short term bias remains negative.
A break of the recent low at 26936 should result in a further move lower.
Although the anticipated move higher is corrective, it does offer ample risk/reward today.
Our profit targets will be 25151 and 24851
Resistance: 29500 / 30000 / 30500
Support: 28600 / 28000 / 27200
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
BTCUSDT 4hHello guys, Hope you well.
as I explain to you we lost the uptrend and consolidate, it is the form of market that trader lost their money, I waiting for complete this setup, and sell bitcoin to 25500 zone ,
SecondChanceCrypto
⏰26/April/23
⛔️(DYOR)
always do your research.
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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) is on the brink of registering a downward crossover of its 10-day (red) and 25-day (blue) moving averages.
A recent downtrend, which today pushed BTC/USD to an intraday low of 27,192.03, has also led to an overall shift in market momentum.
This latest low in Bitcoin comes less than a day after the world’s largest cryptocurrency traded at a high of 27,979.98.
Overall, BTC is trading over 7% lower than at the same point last week, when the price was above 30,000.
In addition to the potential crossover of moving averages, the 14-day relative strength index (RSI) continues to hover close to a floor at 42.00.
At the time of writing, the index is tracking at 44.11, with BTC trading at 27,550.00.
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BTC LONGHello Guys. I hope you are fine!,
here I will tell you my opinion in Bitcoin Price if you are interested then you are welcome to use it.
my opinion that we go to 25500$/28000$/30000$ and then back to 20000$ or 19000$. that we touch 20000$ and 19000$ is 90% (I want to say 100% but since in technical analysis 100% is funny because you don't know what will happen 100%, that's why I say 90% 😜) because we have CME gap but unfortunately how high we go I can't say exactly which but you can 25500-28000-30000, keep an eye on it.
Thank you and stay healthy!
SHORT ON BITCOIN : DO YOU AGREELooking at it the price of bitcoin has grown to our daily order block and has reached the equilibrium of the order block jumping to a one-hour timeframe we can see a weakness that the price what to reverse in the short term to efficiently deliver the price to 28600 level this is my low handing fruit objective to take a trade to, from there we can see a further weakness or strength in the price of bitcoin that will be for later analysis... Pay close attention to the area I marked bearish and bullish for trade entry or exit respectively......
Follow me for more analysis and feel free to ask any questions you have I'm here to help.
remember this is not a trade signal DYOR before investment.
Oluwadahunsi Eyenla
@oluwadahunsieyenla
14th April 2023
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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) was in the red for a fourth consecutive session, as prices neared a breakout below 27,000.
BTC/USD plunged to a low of 27,169.57 to start the weekend, a day after trading at a high of 28,291.60.
Saturday’s drop in price resulted in Bitcoin falling to its lowest point in roughly three and a half weeks.
Looking at the chart, this latest downturn has pushed the 10-day (red) moving average closer to a cross with its 25-day (blue) counterpart.
In addition to this, the relative strength index is now tracking at 41.73, which is marginally higher than its long-term floor of 41.00.
If price strength were to slip below this point, there is a good chance that BTC will move toward 26,000.
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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) moved lower for a third consecutive session on Friday, as prices slipped below the 28,000 mark.
Following a high of 28,906.25 on Thursday, BTC/USD dropped to an intraday low of 27,855.96 earlier in the day.
As a result of this move, bitcoin fell to its weakest point since April 9, which was the last time price hit a floor of 27,800.
Since nearing this point, BTC bulls have reentered the market, and have pushed prices back above 28,000.
One of the catalysts for today’s drop came as the 14-day relative strength index (RSI) fell to a floor of its own at 46.00.
The index has marginally risen from this low and is tracking at 46.35 when writing.
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Multiple BTC bearish patterns all pointing to 25K or worseWith our golden pattern (BTC rising broadening wedge from 15K) showing 22K as the last resistant and if we lose that well see new lows (12K , 9K)
Talked about other patterns in the video and spiced things adding VIX, ETH , NQ1 To the video
Strongly Recommend to Watch it untill the end.Lots of Information
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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:- was once again in the red on Thursday, as traders continued to secure gains from last week’s bull run.
BTC/USD fell to an intraday low of 28,596.91 earlier in today’s session, which comes a day after hitting a high of 29,509.35.
This is the lowest point that Bitcoin has hit since April 10, when the price traded at a bottom of around 28,100.
Looking at the chart, Thursday’s move saw BTC fall under a recent floor at \28,600, with the relative strength index (RSI) also dropping toward a floor of its own.
At the time of writing, the index is now tracking at 51.47, which is marginally above the aforementioned support at 50.00.
BTC has already moved away from earlier lows and is currently trading at 28,837.95, as of writing.
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Bitcoin to continue in a selloff? Bitcoin - 24h expiry - We look to Sell at 28997 (stop at 29697)
We are trading at overbought extremes. Prices have reacted from 30987.
A Doji style candle has been posted from the high.
A break of the recent low at 29020 should result in a further move lower.
We look for losses to be extended today.
Our profit targets will be 27247 and 26847
Resistance: 29500 / 30000 / 30450
Support: 29020 / 28400 / 28000
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USD update by CRYPTO SANDERS.
CHART ANALYSIS:- Bitcoin (BTC) rebounded from a one-week low on Tuesday, as markets reacted to the latest gross domestic product (GDP) report from China.
BTC/USD dropped to a low of 29,154.85 earlier in today’s session, before climbing to a peak of 29,944.78 as the day matured.
The low sent Bitcoin to its lowest point since April 10, which is when the price was last below 29,000.
Looking at the chart, the rebound has come as the 14-day relative strength index (RSI) bounced from a floor of 59.00.
Currently, price strength is tracking at the 61.91 mark, with the next visible ceiling at the 65.00 level.
BTC will likely be trading above 30.235 should the RSI reach this upcoming destination.
I have tried to bring the best possible outcome to this chart.
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