Bitcoinprice
AXIE INFINITY AXIE INFINITY has been contracting and falling for a year, though the bottom cannot be confirmed but maybe we surely can risk 3-5% for this swing expecting a 20-30% upside. I am bullish on this.
Accumulation/ Entry Zone - 5.5-6.5$
Lock Profits at - 8$, 9.3$, and 11$.
#bitcoin #crypto #axie
Bitcoin Price Prediction, will BTC’s price hit $42000 ?BTC could hit $45022.18 in 2023
Bitcoin’s price prediction for the most bearish scenario will value BTC at $21516.80 in 2023
Bitcoin’s previous All Time High was on 10th November 2021 where BTC was priced at $69,045
Bitcoin’s price at the same time last week was $26911.81. It has moved by -1.78% in the past week and is currently at $26,896. Infact, in the past 24 hours, BTC has pumped by 0.41%. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and BTC could hit $34590.00 in 2024.
Total circulating supply of Bitcoin as of writing this article was $19,380,912 and the Market Cap of BTC remains at $521,194,157,450.
BTC: A Promising Breakthrough on the HorizonDiscover the Untapped Potential of BTC: A Promising Breakthrough on the Horizon!"
Attention all traders and BTC enthusiasts! Get ready to embark on an exciting journey in the world of cryptocurrency. BTC is currently hovering around the 27080 level, comfortably nestled within a consolidation phase. But here's the exciting part: beneath this calm exterior lies a hidden pattern that holds immense promise for all.
Since May 5th, BTC has been following a fascinating pattern of lower highs and lower lows. However, we find ourselves standing at the threshold of a potential turning point, where fortunes may shift in our favor. We have reason to believe that BTC is poised to make a remarkable climb towards the coveted 28220+ level.
Now, let's delve into a strategy that can help us unlock the full potential of this opportunity—the SMC concept. By exploring the Order Block Zone, projected at an intriguing $26660, we can uncover the catalyst for BTC's resurgence. Our eyes are set on reaching the recent swing high at $28218, a significant milestone that awaits our successful journey.
Entry : Look for a potential entry point near the Order Block Zone at $26660.
Stop Loss: Set a stop-loss level at $26350.
Target: Aim for the recent swing high at $28218.
BITCOIN USDTgoing long on support. Time frame is 15 min. Took an entry on retest with just 40 points Sl for the target of 600 points. Will keep trailing Sl using 1 min frame in case if the trend has reversal. Just a basics knowledge of Support/Resistance or Supply/Demand with any indicator that to me mastered thats all we need.
BITCOIN USDTTime frame 1 hour, going long at support where as the risk is low like every other trade as per my setup. There were multiple thoughts before entry if I should enter or not. I am sure this happens with many novice trades like me but to be in a league of professional we've got to enter a trade as per our own trade setup without a second thought. If there is a trade plan execute, post entry there is either SL or Target but what nobody teaches us in any course or book that it what is outside the chart that is required is PATIENCE, EXECUTION, PSYCHOLOGY, PRACTICE.
WAIT & HUNT
BITCOIN USDTAs per my setup 1 hour short trade is placed near the resistance post the breakdown has been done with a large candle. So my R-R is not good here if I enter right away at ay candle as trading is 90% psychology with Risk management without FOMO. I have placed a short order near the resistance area if the price reaches there for retest would be a good thing & if not I do not want to chase any trade randomly and lose more than what I should, learning lessons through my previous experience and sharing it here as my notes. SL here is 200 points & reward is 1600 points so I dont mind taking series of losses because I only prefer high probability trades. No shame in taking SL and no Pride if targets are achieved, this is a game of probability let us play it this way.
BITCOIN moves at Elliot Impulsive Wave#Bitcoin Daily based chart movement as per #Elliott #ImpulsiveWave & #CorrectionWave Pattern, whereas their price up-down zone as per #FIBretracement is Highest Point at FWB:31K & Lowest Point of $15.5k up-to 27 June 2023 max.
All Analytical views, dates and zone displays in chart, as well as #DYOR too.
BITCOIN USDTTook an entry after a retest as this always works to enter any trade if there is a long candle after its retest so that if our SL is triggered it is always small and enough for us to be confident to enter another trade without any hesitation. The horizontal line clearly points out the supply zone as per my setup. I avoid news, other traders analysis to trade so that my mind is not covered with over analysis.
Bitcoin Has Taken Its Bottom ?Bitcoin Has Taken Its Bottom.,
You Can See In The Chart That In 2017 Bitcoin Formed Support By Falling 70.71% And In 2022 By Falling 60.00%. And After That In 2017, Bitcoin Fell By 45.88% And Made The Bottom Of Its 3rd Cycle. And Even In 2022, Bitcoin Fell By 46.05% And Made A Chart Like 2017 , It Seems That Bitcoin Has Made The Bottom Of The 4th Cycle.
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