Bitcoin (Cryptocurrency)
BTC at the Resistance, can go below 20kAs u have seem in chart btc has reached at resistance and order block. btc should break these and stay above to get a bull momentum towards 25k . my thought is that btc is goin below 20k or to new lows. DYOR
Sell #BTC around 20900, SL 21070 & Target of 20450Sell #BTC around 20900, SL 21070 & Target of 20450, you can adjust to trailing SL every 100 or 150 point downside
BItcoin Sentiment Bear Trap Strategy
if u take entry short small stop loss at resistance
otherwise if break the resistance then u should long position
Bitcoin, is this long awaited bottom?Positive divergence seen on Weekly Bitcoin charts, ETH leading the rally... is this the long awaited bottom???
Total market cap of cryptoIts a bullish sign of total market cap of crypto currency
Price is popping out of falling wedge and we can see a fake breakdown in weekly time frame
So it’s absolutely bullish sign
Bitcoin short-double top retestingBitcoin is making a double top on 15m/1h time frame.It is retesting now, and if there, a highvolume breakout happens, then a short trade can be initiated for further support.keep an eye on this.
btcusdtbtc follwing trendline and lower low in 1day time frame
probably can fall from here.
can be reacted according to the situation
BTC/USD - Weekly OverviewBitcoin started 2023 on a positive note as the price level formed a rising channel pattern on the chart. Considering moving averages, MA-10 is trading above both MA-20 and MA-50, which is again a positive sign for the world’s largest cryptocurrency.
The RSI level is also showcasing an extremely positive nature with a breakout to the overbought region. At the same time, this may also suggest that we can witness a profit-booking momentum for BTC in the near term with the level exhausted at 77.91.
Overall, BTC is yet to break above the crucial resistance levels of $18K and $20K, respectively. In case of a turn of events, it can have support at $16K and $15K, respectively.
BTC/USD - Quarterly Overview (Q4'22)The last quarter of 2022 turned out to be the most damaging one for the world’s largest cryptocurrency. As the price level was able to maintain sustainability above the crucial support level of $18K, the collapse of the centralized exchange, FTX, resulted in a bloodbath in the overall market conditions. Thereafter, BTC suffered a new 52-week low of approximately $15.5K. Since then, the price level did not climb above the psychological mark of $20K ever again. Due to the downside, the price level of $18K has become a major hurdle for Bitcoin to break above. It did test the resistance mark during December but was unable to break above.
Considering the current momentum, since the start of 2023, Bitcoin is forming a potential rising channel pattern that could retest the resistance present at the 0.382 FIB level. Until then, we can expect the world’s largest digital asset to move in a consolidating nature. Otherwise, a breakout above $18K can be a potential signal for bullish momentum in the near term. The support levels for BTC can be placed around $16K and $15K, whereas, the resistance levels can be placed at $18K and $20K, respectively.
woo usdt technical analysis woo usdt bouncing back from support
and can be entered for long after breakout of W pattern
Bitcoin Triangular TrendlineBitcoin triangle trend line, shrinking triangle trend, green support bottom line at the bottom, red resistance breakthrough line at the top, and the green-red long bar below is the most critical bottom range.
Bitcoin technical analysis bitcoin retesting at a zone 30500usd if it sustain below 31000 for next 5-7days, it may test 20000usd we can see more fall in crypto currency.
if anybody wants to invest please wait and watch (if u want buy, buy @ 20000usd TO 21000usd or buy ABOVE @ 35000usd) #INVESTWISELY
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Btc analysisThis is my next bitcoin view
I am in my my trading zone right
Btc above resistance is bullish
And below supoort is bearish
Bitcoin Parallel ChannelBitcoin BTC large level parallel channel, red circle top, green circle bottom.
The trade I am looking for in bitusdtNot a financial advice but this is what I am looking for if it validates my point will take a quick trade and book my profits
