Btcusdtlong
BTCUSDT to attempt again towards weekly resistance around 29500+The price moved up and reached to the recent high and now trading in 4h support zone. It seems there should be another push and that should target to the weekly resistance zone. A long is favorable here and we should target to 29500-29900 zone.
📈BTC scenarios during FOMC decision📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Bitcoin analytical series S01E09
Hello traders, don't forget to risk-free your positions.
Long targets ----> above Green lines.
Short targets ----> below Green lines.
Please share ideas and leave a comment,
Let me know what's your idea.
CrazyS✌
Yellow Brick Road Gold & Orange brick road Bitcoin Through-out the history of finance time decay happens, people forget its human nature.
Federal funds climbs the wall, people panic followed by entering the market causing a return to normal, everything is fine this time is different.
Whats that? the Federal funds start to fall faster than the Berlin wall, this is good right, cheaper effective cash.
As the layoffs rise, the inflation falls, as inflation falls governments can't generate income taxing deflation.
Easy money starts to flow as rates continue to fall, SPY must rise tall!, continues to fall, follow the yellow brick road with Gold, follow the orange brick road with Bitcoin.
Yellow rises fast, orange even faster and more violently! which asset will declare victory?
When the wizard drops the rates, be careful shorting Bitcoin and Gold sometimes reality is hard to understand.
\\ Signing off
Projecting Bitcoin to $6,400,000 million (10.496 trillion VOL)
Working on creating an accurate model to project Bitcoins future movement, this would not include a market-cap its irrelevant, almost like me giving you a map to the treasure with an X without the path? what would be the point.
To make this simply take the daily FX volume averages from reports saying this can hit $6 trillion per day of transactional volume
Bitcoin as of the last weeks does somewhere around $41 billion of volume in USD per day yes that is 146.34 x smaller than just the FX currency market, not including bonds, equities, other assets.
Take the network price of 1 Bitcoin giving us $11,679 at around just under half the 41 billion you start to see the volume of money on the network is what drives the Bitcoin price.
Next we take the model and expand you start to see even at 5.2 trillion of volume we would hit a Bitcoin pricing the network at 3.2 million, and this would be assuming that the same circulating supply is the same for the next 10 years. The supply will likely reduce and be held offline reducing the daily traded BTC volume on average in the last years adding a multiplier to the Bitcoin valuation, something impossible to try to predict a nation state could turn around today and purchase 500,000 and keep them offline at a moments notice.
Instead of looking at the value of 1 Bitcoin $25,000 is expensive because you're looking at $25,000 nobody who owns gold jewellery knows the price of a 1kg gold bar or cares about the value.
A Bitcoin price of 6.4 million seems too expensive ? when in reality if Bitcoin captures international trade in multiple assets its not even the start of where it could go.
458,495.00 USD is the price of a single Berkshire Hathaway share, yet a share of Nike is 121.10 USD many people can own a share of Nike not many can own a share of Berkshire.
Reference 1 share of Berkshire in 1984 was $1,280 - $1,280 in 1984 is worth $3,685.64 today.
BTC Correction ? Hello guys, Noticed Wedge shape on BTC for a long time
it`s very healty to correct back down, although it will be a great chance to BUY on the way !
The most important thing to keep the price above 25K.
My final target should be around 32-35K
Predicting too more the 100% for altcoins.
Hope you enjoy this simple chart.
Disclaimer: BTC nowadays are bullisher than we all think, it might go on without correction, This idea is the best case scenario from my opinion, DON'T TAKE IT AS FINANCIAL ADVICE.
BTCUSD looking to head for BTC$80000+ on MN timeframeGood day traders,
There are several reasons why Bitcoin is expected to reach $80,000 in the next 6 to 9 months. Firstly, Bitcoin has been experiencing a surge in demand from institutional investors, who are increasingly recognizing the potential of Bitcoin as a store of value and a hedge against inflation. This has led to a significant increase in Bitcoin purchases from institutional investors, which is expected to drive up the price of Bitcoin in the coming months.
Secondly, the recent halving of Bitcoin has reduced the supply of new Bitcoins that are being added to the market. This means that there is less Bitcoin available to be purchased, which is expected to drive up the price of Bitcoin as demand for the cryptocurrency continues to increase.
Finally, the ongoing economic uncertainty caused by the the silicon valley bank crash's has led to increased interest in Bitcoin as a safe-haven asset. As governments around the world continue to fight this falling economy, investors are increasingly turning to Bitcoin as a way to protect their wealth and hedge against inflation. This increased demand for Bitcoin is expected to drive up the price of the cryptocurrency in the coming months, potentially pushing it to $80,000 or higher.
Lets have a look at the analysis:
What we see from the technical analysis is that we've spotted an ABCD harmonic trendhike forming, we recently beat our local resistance (marked R1) and we anticipate BTCUSD to meet our R2 sooner than later. This is a great time to buy BTCUSD seeing that the pprice is still fairly low and promises to meet figures above $100K by the end of this year.
Please share your thoughts.
Disclaimer
NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance.
#BTC ready to go long, pay attention!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#BTC WEEKLY UPDATE
This big falling wedge pattern is still in the pay.
(basics info)
what is a falling wedge pattern?
The falling wedge is a bullish pattern. Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. In general, a falling wedge pattern is considered to be a reversal pattern, although there are examples when it facilitates a continuation of the same trend.
> Important support level is 25k
> BTC Needs to close this weekly candle above $25400
> The volume is increasing, which is a characteristic of a third wave. We could expect a strong bull run in the market as many indicators are showing.
> $25K will now act as strong support as it is broken after large accumulation and will likewise offer great opportunities in case of retracement.
Stay tuned I will keep updating
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
BTCUSDT to head for weekly resistanceBTCUSDT is moving upward with strong momentum. A weekly resistance is sitting above the price and it is 8%-9% above the current price. Looking at the price action and the resistances on its upward path, it seems likely that the price would target this weekly resistance around 29500-30000 before any pullback and then probably its upward journey to monthly resistance. On 4h time frame it seems, price wants to cool off a bit and if that happens, the price would land on the 4h support zone marked on the chart and very probable a good bounce from there.
Ethereum Ready for $3500 in Coming Months..?Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#ETH UPDATE
ETH breakout this symmetrical triangle pattern.
(Basic info)
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope.
According to the pattern we can expect almost 100% bounce from here but we may see a restest of this pattern which is not done yet.
This is the last time to accumulate ETH in this range at CMP to $1660
(DYOR)
Stay tuned I will keep updating
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
Btc | What A Weekly Close | Send It Towards 46kBtcusdt
Falling Wedge Brrakout & Retest
Descending Channel Breakout & Retest
Weekly Closing Above 200 Ema
Btc Is Going To Touch 50k In coming Months
Highest Weekly Candle Close since May 2022
Best Weekly Percentage Return since April 2019.
First Weekly Close Above EMA200 since March 2020
<filled> BTC LONG LTF IDEA - 1.62 R:RThis is my analysis and idea only. Do not take this as financial advice, and please do not base any trades based on this chart, or any content I post. These are my thoughts only. Operating in crypto is dangerous and can quickly stack up big losses. Always study, and do your due diligence.
BTC LONG LTF IDEAThis is my analysis and idea only. Do not take this as financial advice, and please do not base any trades based on this chart, or any content I post. These are my thoughts only. Operating in crypto is dangerous and can quickly stack up big losses. Always study, and do your due diligence.
BTC long ideaThis is my analysis and idea only. Do not take this as financial advice, and please do not base any trades based on this chart, or any content I post. These are my thoughts only. Operating in crypto is dangerous and can quickly stack up big losses. Always study, and do your due diligence.
BTCUSDT Buy Setup!BTCUSDT (1D Chart) Technical analysis
BTCUSDT (1D Chart) Currently trading at $18878
Buy level: Above $18800
Stop loss: Below $16100
TP1: $20500
TP2: $22800
TP3: $25000
TP4: $35000
Max Leverage 2x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts