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Btcusdforecast

$btc Weekly Analysis Historically, price between these green lower level consolidation is a low risk buy for long term hodlers. But as you can clearly see, bitcoin is heading for lower and lower volatility until one day the trend breaks. If you scroll right you can see the bull band and bear band come to a point.... what will happen then God only knows. If lower band breaks and we retouch the previous resistance at 7k, obviously my statement is void because my trend lines are broke. Also the whole c0vid-crash is so weird to me, was it a red herring, does the support price achieved (around) 3/18/20 still hold value even though it could be a 'red herring'? I say absolutely it matters and we should incorporate that support price in our charting and calculations. DISCLAIMER======= ' [ ] My Log regression is not calculated with anything but the curve tool, please take it with a grain of salt, if i have any algebra friends with knowledge of logarithmic regression please feel free to reach out as your input would be greatly appreciated.
BNC:BLX
by creengrack
$BTC Why You Should Be Accumulating Crypto NowBased on 2018-2020 data, 0.786 is a common retracement area for BTC after a bull run. Near EOY of 2017, when BTC rose to around $19,700, we saw a retracement to $3,100. This area is under 0.786 Retracement of $4330. In July 2019, when BTC rose to around $13,900 from $3,100, we saw a retracement to $3,850. This area is under 0.786 Retracement of $5420. Near EOY of 2021, when BTC rose to ATM of $69,000, we are now seeing a retracement under 0.786 Retracement of $17,800. What does this mean? As many know, we are currently not in a bull market. We have seen an over 75% drop from ATH of $69,000, which may indicate a reversal for the market in the very near future. The shift from a bear to a bull market is coming soon. History suggests that now is a great time to accumulate crypto for discount prices while others are hesitant.
BITSTAMP:BTCUSDLong
by Smarter_Trades
4
Bitcoin’s Next Move? Elliott Wave Analysis in Focus!Take a look at this weekly chart of Bitcoin against the USD, diving into Elliott Wave theory with Fibonacci extensions that hint at potential highs and pullbacks. Here’s what we’re watching closely: 1️⃣ **Wave Count & Key Levels**: We’re in a projected Wave 5, with Wave 3 making impressive strides. The chart suggests potential resistance at the 50% Fibonacci level around **$107,453**, and a significant target at the 61.8% level near **$129,196**! 2️⃣ **Possible Retracement?** The Fibonacci retracement zones show support levels that could act as cushions for any pullback. Key levels to watch include **$73,493** (123.6% retracement) and **$65,105**. 3️⃣ **The Big Picture**: A potential zig-zag pattern hints that BTC may face a pullback after reaching the projected peak. Will we see a healthy correction before another surge? Or could Bitcoin defy expectations? 💡 **Our Take**: This chart suggests both caution and opportunity, as we could be looking at a critical phase in the crypto bull cycle. 📈 🔍 **What’s Your Prediction?** Will BTC hit new all-time highs or take a breather? #Bitcoin #BTC #Crypto #ElliottWave #TechnicalAnalysis #CryptoMarket #Fibonacci #BTCUSD #TradingView #CryptoCommunity #CryptoAnalysis
INDEX:BTCUSD
by EpicM
BTCUSD I Forecast and trading plan Welcome back! Let me know your thoughts in the comments! ** BTCUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
BITSTAMP:BTCUSDLong
by BKTradingAcademy
4
Bitcoin Hashrate Emerges as Valuable Asset in Financial MarketsThe financialization of Bitcoin hashrate is rapidly emerging as a unique investment opportunity. Bitcoin's economic structure, especially the halving events every four years, pressures miners to optimize costs, driving them towards two primary energy strategies: grid-tied and co-location with power generators. Grid-tied miners benefit from economies of scale and participate in demand response services, while co-located miners target renewable energy sources, exploiting mismatches in energy demand and supply, according to Coindesk. As Bitcoin mining continues to evolve, hashrate is being recognized as a distinct commodity with features like fungibility and divisibility, making it an attractive asset class. Investors can now engage in mining without owning hardware, using derivatives to hedge against price fluctuations. The profitability of mining is determined by the difference between hash price (market value of mining power) and hash cost (expenses related to mining). A profitable operation requires the hash price to exceed hash cost, with competition and energy costs influencing this dynamic. The market has also seen the introduction of hashrate-linked financial products, providing more data points to predict network events' impact on blockspace demand and transaction fees. For instance, during periods of high blockspace demand, miners can lock in future revenue by selling hash price futures. As Bitcoin's ecosystem continues to grow, the role of hashrate as a tradable asset is expected to gain further significance, attracting more attention from capital markets.
BINANCE:BTCUSDLong
by ShumbaFx07
Bitcoin BTC price + CPI US 15.05 will stir up the marketHere is a chart of #BTCUSDT on the 12-hour timeframe. At first glance, it looks nothing special: a prolonged consolidation on falling trading volumes, everything is natural and natural. But tomorrow, at 15.05 at lunchtime with the close of the 12hr candlestick, everything can change. Tomorrow is the announcement of the "fresh" US CPI rate. Forecast: inflation will decrease from 3.5% to 3.4%. Declining inflation = a good signal for the growth of financial markets. But the tweet from Mr. Biden adds some "spice". President Biden: wants to give new home buyers $400 per month for 2 years to help people with housing. This is either a pre-election promise or a good opportunity to start the “printing press” And now for a bit of conspiracy theorizing: Let's assume for a moment that Biden knows a little more than we do. And tomorrow it will be announced that inflation has fallen not to 3.4% but to 3.2% or even 3%. This will definitely cause a powerful surge and growth in the market. The last thing that comes to mind is how massively $ were printed and distributed in the spring of 2020 as financial aid during COVID-19. Do you remember how the crypto market grew then in 20\21 from an additional portion of “retail's crazy money”?) So where do you think the CRYPTOCAP:BTC price will go in 24 hours? 👍 towards $71000 👎🏿 towards $56500
by P_S_trade
23
BTCUSD - Long Trade Confirmation !!!Hello Traders! As you can see in the last analysis on BTCUSD, I was expecting the retracement until de PDL executed a long trade. At the moment I see a perfect opportunity to execute this trade as we have a reaction and we have a retracement. I expect a bullish move until the price of 66.700, the price where I have the Profit target. Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the best way to keep it relevant, support us, keep the content here free, and allow the idea to reach as many people as possible. www.tradingview.com
CME:BTC1!Long
by GoodTradeST
BTCUSD / POTENTIAL BULLISH BREACKOUT Hello Traders! I expect a bullish move on BTCUSD H4, after retesting the bullish breakout at the price of 60500. As we can see, the price returned to PWL and now I expect a reaction, meaning a good opportunity to execute a trade. Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the best way to keep it relevant, support us, keep the content here free, and allow the idea to reach as many people as possible. www.tradingview.com
CME:BTC1!Long
by GoodTradeST
Bitcoin (BTC) Price Resurgence, Binance Coin (BNB) Hits a New HThe price of the primary cryptocurrency has been on an uptrend in the past few days, rising to as high as $71,700 on June 5. Currently, it hovers the $71,000 mark (per CoinGecko’s data), representing an 11% increase on a monthly scale. The resurgence coincided with record figures related to spot Bitcoin ETFs in the USA. Those products witnessed a total inflow of almost $900 million yesterday, the second-best day since their approval in January. Numerous analysts believe BTC could soar even higher in the near future, assuming certain factors are in place. The X user, Captain Faibik, predicted a rise above $90,000 should the asset surpass the “crucial resistance level” of $71,300. On the other hand, Ali Martinez assumed that a pullback is not out of the cards based on the TD sequential, which presents a sell signal on the four-hour chart. This technical analysis tool identifies potential price exhaustion points in the market and indicates when a trend is likely to reverse.
BINANCE:BTCUSDShort
by ShumbaFx07
BTCUSD - Topping out around 66k?BTC is yet to fully correct, at least on the weekly. In my eyes, these huge candles up are unsustainable without significant greed. Significant greed cannot continue indefinitely without returning to the mean (neutrality), and likely, significant fear. There are a few factors I believe will influence a correction: Greed across the traditional and crypto markets. See CNN's sentiment analysis and alternative.me's fear and greed index. Only 5% of institutional financial managers are planning to hold BTC in 2021 (volatility being cited as the main reason), implying the feverishness of 'mass adoption' is overstated and overhyped. Bitcoin is back in mainstream media. The more exposure it gets, the more FOMO and greed kick in, the more new investors pile in, the more people ready to buy right at the top and add selling pressure on the way down. Big green (or red) candles, while difficult to gauge the top, often result in big moves back down. Similarly, an almost vertical acceleration implies a significant deviation from its mean (anecdotally, the further and quicker something deviates away from its mean, the quicker it comes back). Currently, BTC's yearly EMA is almost exactly the previous ATH of $20k. Simply, a correction is due. It's gone up but hasn't come down much. So, knowing that a correction is due at some point, we can then try and forecast the top. While looking for similarities between the last ATH and this current rally, I noticed there was a period of consolidation, followed by a higher low that wicked down (marked on the chart). Using these points as anchors, the next anchors are the ATH and the last high at $42k. While the intraday levels of these fibs fit nicely, there are 2 extensions that caught my eye on the weekly that fit almost perfectly. The 1.618 level on the recent fib (grey) and the 3.618 level of the ATH fib (red) both sit around $66.1k and $66.3k respectively. Seeing how well the other levels line up through previous price action gives me confidence these are valid levels. I'll give coordinates at the end of this post so you can see what I mean. I've also included a 3-factor BB on the chart for confluence. While the weekly close tomorrow will change the upper band, its near-vertical ascent will likely eventually be punctured by price. As denoted by the red circles, a reversal has occurred every time a swing has formed there. Moreover, for an asset to exceed 3 times its weekly standard deviation should ring alarm bells in anyone's ears. Okay, so we know where the top might be. How can we make a trade based on this? I'll start with where I think it might end up. If we use $66k as our first anchor and the bottom of the last consolidation at about $3.1k, then the 0.618 level (blue line) lines up perfectly with the most recent fib's 0.618 level on the way up. This falls at $27.5k, or rather, a contraction of 61.8%. The tricky part is stop loss placement. I'm going to say that a technically invalid level would be past the 3.764 level of the ATH fib at $70k. Anything between $71-72k would likely invalidate this idea. In summary: Entry: $65k Stop: $71-72k TP: $27.5k, $31k if conservative, $42k if ultra conservative Let me know what you think and give me a follow for more. Happy trading! COORDINATES: ATH fib = (1) 1830.00, (2) 19666.00 Current fib = (1) 3122.28, (2) 42000.00 TP fib = (1) 66026.19, (2) 3122.28
BITSTAMP:BTCUSDShort
by pasojov
6