Bitcoinforecast
Bitcoin 2021 perdictionIn 2013-14 we have 2 bull runs.
2012 bull run top to 2013 bull run top - around 1400 % gain
2013 bull run top to 2017 bull run top - around 1400 % gain
if history repeats itself then we can see a price target of 3,00,000$ in the 20121 bull run.
From 2012 bull run top to 2013 bear market bottom - around 2.7x
from 2013 bull run top to 2018 bear market bottom - around 2.7x
from 2018 bull run top to 2022 bear market bottom - around 2.7x(prediction) 50-60K $
💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (47230.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 29.
Take Profits:
TP1= @ 53274
TP2= @ 57950
TP3= @ 59760
TP4= @ 62685
TP5= @ 64940
SL= Break below S2
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Bitcoin Key Support, Resistance and Breakout levelsBTC has been rangebound for a couple of months now between 50-60k levels. 49000 is key support, followed by 44k. Sustenance above 61000 gives strong resistance, sustenance for a period of time above that level can be bullish. However key moves are expected soon, this week will be crucial to determine its direction.
BTCUSD LONG SETUPBTCUSD looks strong on the upside.
The chart first formed a strong support with TDI diversions. Followed by the first leg of up move. We are watching some resistance because of the trend line firstly and secondly this area has acted to be a resistance zone earlier too, hence 55000 is an important zone.
Now two trades are possible-
Case 1- Breakout- If it breakout above 55300 then it is a good buy.
Case 2- We can see a pullback and if it takes support on the trend line then we can add long position.
In both the cases, a strong up move is expected which can take it to 57000 followed by 60,000 levels.
BTC and the Median Line IIPrices back to test the 50% parallel trendline.
Static support 42K
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
URGENT BITCOIN UPDATE BEFORE BIG MOVEHello masters, hope you having a good day in this profit season. Even if you are not making then don't be upset, opportunities will come and go.
Here is the update regarding BTC price, price at major resistance right now and it trying hard to break this current zone to make new all-time-high. If this trend continue maybe we will see BTC at higher price soon. Quick short note to understand price movement better.......
- Price is above triangle and if recent dump was just a retest of breakout level and to cool down Funding Rate(important factor), WELL in that case price is ready to shoot and can pump massively.
but wait a second...always be prepare for opposite direction also and make your disicion accordingly and make sure you always place stop-loss.
This is my first idea hope you like it, if yes then please do like and follow :)