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Bitcoinprice

Will Bitcoin reach $28K level in March?BTC has already gained more than 11% in the month of March. The question is will the rally continue and if we will see the price reaching $28K. With the coming of CPI data, we saw BTC price reaching high of $26386 (at the time of writing). Currently, the price is above 21-EMA and 50-EMA on a daily as well as 2- hourly timeframe. The next target price is $28300 with stop loss at 21-EMA. Please do not take overleverage trade in the current scenario. Note: Studies are for educational purposes only. We will not be responsible for any of your Profits & Losses. Please trade with a proper risk management strategy to avoid huge capital loss.
by teakfinance
$BTC Price Prediction$BTC exactly jumped from average weighted buying price from the bull (The Blue and Yellow line) and makes 25% move to the upside. Now it is facing resistance where usually swing traders take profit($23.9k - $24.5k), also MFI retesting the bottoms of H&S pattern trendline and RSI upper trendline also being tested. If $BTC breaks these trendlines and crosses $25.5k area then we may se upper targets as mentioned in previous tweets else it is just a bull trap. Not a financial advice Trade at your own risk
BITSTAMP:BTCUSD
by utkarshx27
$BTC AnalysisBitcoin rose 2.3% when it finally reached the middle of my liquidity box. This deal occurred in the early hours of the morning, so I missed it even though I wanted to participate. What follows then? I'll wait for Bitcoin to either break my liquidity box, which would then indicate that $22300 would be the next target on the downside, or for BTC to break the resistance trend line, after which it would consolidate before starting its next leg up. Weekly closing is one more thing to keep an eye on; I'll provide an update on it tomorrow. Not a financial advice Trade at your own risk
BITSTAMP:BTCUSD
by utkarshx27
1
BTCUSD(Weekly Analysis)The world’s largest cryptocurrency has maintained its positive momentum and accumulated approximately 36% returns in January. BTC has been in a Bear trap, it had hit its low of $15.5K and took support at the resistance trendline as shown in the chart. After consolidating there for 2 months, BTC shot up to the level of $24K and is currently retracing and trading at $22.9K. The support to the lower side is present at $22K and $21K while it may face resistance at $24K and $25K respectively.
COINBASE:BTCUSD
by TradeDog-Research
1
Green or Red February for Bitcoin?After a massive bear run, BTC holders saw an almost 40% gain in Bitcoin price in Jan 2023 pushing the fear and greed metric into the “ Greed ” zone. After a strong rally in January, what is next for Bitcoin? In the last 8 years, we have seen a green February for Bitcoin except in Feb 2020. Thus, we expect 2023 February to be a green February for Bitcoin. Price is above its 20 and 50 EMA on a daily timeframe and is currently hovering near its support at 22800 with the next resistance at 25100. If the price breaks this support, the next support can be found at 20-EMA. On a daily chart, there is a formation of RSI divergence which is a bearish signal although, we need to keep an eye on other metrics too. On a 2- hour timeframe, price has fallen below 20 EMA which is also acting as resistance and 50 EMA acting as support. Moving Average Convergence Divergence (MACD) line has crossed the signal line indicating possible price correction.
by teakfinance
1