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Bitcoin (Cryptocurrency)

BITCOIN still under #BearishZone#BITCOIN 1-Day Chart Analysis- As per CRYPTOCAP:BTC daily chart, Yearly Cycles running into Ascending Broadening Wedge pattern, then its final wave is nearby touched their support level and soon break-out up to $22.5k to $19.5k to complete its Bearish Zone cycle up to 5/7 sept., while monthly cycles moving under Descending Broadening Wedge Pattern, and as per that after the current downtrend completing, its upper Bullish divergence starts soon from mid of Nov. 2023. At present, market is under volatile situation and Bears & Bulls both ready for their move, and Whaler's are also find the easy gap of 6k-7k for big Pumps & Dumps on this situation. So, as per that chart pattern will be change too, but majority of chances of Bitcoin moves as per given pattern. Always #DYOR and Trade with #StopLoss, It's #NFA & Must SHARE, LIKE & COMMENTS ON IT....
Short
by AskToRahulSirohi
BTCUSD 30 July Target 100% Perfect🤑🤑#We Make Only Profit. Bitcoin's price today is US$30,001.65, with a 24-hour trading volume of $10.88 B. BTC is +0.41% in the last 24 hours. It is currently -4.42% from its 7-day all-time high of $31,388.55, and 0.96% from its 7-day all-time low of $29,717.09. BTC has a circulating supply of 19.44 M BTC and a max supply of 21 M BTC. #BTCUSD #XRPUSD #HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
BITSTAMP:BTCUSD
by UnknownUnicorn59699627
BTCUSD Short Trade 100% Perfect🤑🤑#We Make Only Profit. Bitcoin's price today is US$30,001.65, with a 24-hour trading volume of $10.88 B. BTC is +0.41% in the last 24 hours. It is currently -4.42% from its 7-day all-time high of $31,388.55, and 0.96% from its 7-day all-time low of $29,717.09. BTC has a circulating supply of 19.44 M BTC and a max supply of 21 M BTC. #BTCUSD #XRPUSD #HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
BITSTAMP:BTCUSD
by UnknownUnicorn59699627
"Chart Long Positions to Maximize Profit Potential in Market 🌊"In the thrilling realm of financial markets, a remarkable phenomenon emerges - bullish momentum. It's a force that sends shockwaves of excitement throughout trading floors and investment communities alike. When bullish momentum takes hold, market bulls charge forward, igniting a rally of profits and a euphoric sense of optimism. Investors flock to the scene, driven by the belief that the tide has turned in their favor. As this momentum builds, gains multiply, creating a virtuous cycle of wealth creation. Traders, astutely recognizing the opportunities at hand, ride this wave of bullish momentum, strategically positioning themselves for maximum profitability. With every uptick in prices, the air is filled with anticipation, and the potential for substantial returns becomes a tangible reality. From strength to strength, the power of bullish momentum propels markets to new heights, reaffirming the dynamic nature of the financial landscape.
BLong
by deorx33
BTCUSDT ( Bitcoin ) Coin Analysis 29/09/2021Fundamental analysis: it is very obvious that the asset is at distribution phase on its bearish trend, though many countries are accepting it as a legal tender but there are many more reasons that the coin is on its way to the lower levels of its past appreciation and we can have one more glimpse of this asset on its very undervalued levels before the reaccumulation phase starts. soon we can hear more negative news which may mislead us that it is falling due to some silly reasons but it is nothing than the simple supply and demand and outdate of the technology. from other side we can see bitcoin is loosing its Dominance and it can be interpreted as the fund diversification to the AltCoins. we shall observe some diversion and correlation coefficient change of BTC and other altcoins specially DEFI segment and other powerful blockchains. but we believe Bitcoin will survive this bearish trend also and live to see the higher levels such as 85000$ or even 107000$ Technical Analysis: the Asset seems to be not able to break the 23.6 FIB Retracement which is followed by an engulfing candle pattern and it can be a good sign of retracement reversal towards the lower levels such as 78.6% (17000USD) of the main bullish wave with top of 64850 USD. with Bearish Bias we can have the C leg of the ABC chart pattern which is the correction of the main Elliot wave count. we count 17000$ and lower to be the best undervalued prices to Purchase and accumulate the Asset. there exist a very powerful resistance area from 55000$ to 58000$ as this zone has confluences with Main distribution and bearish 78.6% Fib Retracement of the bearish wave. there exist a very very strong support area between 9000$ to 15000$
by BitonGroup
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