Get started

Bitcoinprediction

Bitcoin's Next Move? Bitcoin is right now at a crucial level. Likely to go in consolidation for the next few days. If it sustains 42k to 44k zone (retests) then we can see a good rally. It may go to 52k soon and retest at 52k levels for a strong bull run towards 65k . However if it breaks the current level and fails to sustain then we may see a dump to 40k levels. Keep a watch as It looks quite weak right now. It's better not to take a trade in choppy market rather let it be in a trend first, indecision is always bad for trading. Let's hope for the best :)
Long
by meetmoneypenny
BITCOIN IS PUMPING BITCOIN, on 1st October broke through the parallel channel taking its support from the EMA and reaching the key resistance of $57,500. BTC is getting closer to its $65,000 all-time high. BITCOIN may cross $63,000 and break it's all-time high this month and potentially surpass $65,000 by the end of the month if traders stay extremely bullisH If BTC breaks to $61,000, there could be minimal upside pressure. All-time highs of nearly $65k will be the next resistance level before a potential price discovery phase. While the BTC price has fiercely rallied over the past few weeks, bitcoin balance on exchanges remains at the lowest levels in nine months, indicating investors are holding bitcoin in wallets rather than readying themselves to sell BITSTAMP:BTCUSD
COINBASE:BTCUSDLong
by priyabhatia090
BTCUSD a new impulse growth or completion of IHSThis is an update to recent BTC analysis. At 4-hour timeframe we can see that the price went out of the local descending channel via impulse growth waves. Subsequent corrective Elliott ABC movements brought the price at the upper edge of the channel. If we take a closer look it can be seen that there are several positive signs: 1. Stoch RSI moves to Oversold zone 2. EMA 20 line which was a resistance after Moving Averages intersection became a support which is great for short term 3. After consolidation the price went up again which can be evaluated as 0-1 Impulse wave and the most important is that it bounces above the critical area where this assumption will be rejected. Conclusion: if the price manages to bounce above $4 200 then we will have a new 5 impulse growth waves. Otherwise previous analysis holds and there should be movement to finish IHS
by Skyrexio
1