Bitcoin BTC Bull Market Golden CrossBitcoin BTC bull market golden cross, 5-day moving average MA10 crosses MA100 golden cross, this golden cross also appeared golden cross signal in the past bull market, 2012 bull market golden cross, 2015 bull market golden cross, 2019 bull market golden cross, 2020 bull market golden cross Fork, 2023 bull market golden fork again, such an obvious signal is right in front of you, what you do is people who don’t believe it, life and death are bearish, if you don’t accept it, you will do it, only the blind will not see the bull market golden fork, blow up the short, get rich and long, in the middle Satoshi Ben said: If you don’t understand or don’t believe it, I’m sorry, I don’t have time to convince you. The starting point of the bull market surge is on the moving average in front of you. The bull market is coming, and the point of the sword is invincible.
BTC-M
Bitcoin Symmetrical Ascending TriangleBitcoin BTC symmetrical ascending triangle, the daily low point is getting higher and higher, the bottom price is rising, the green trend is the low point trend line, according to the trend rule, it will break through the red trend line, and then reach a new high price, within the triangle is a shock, until If you break through the red trend line above, you can get out of the shock range. Normally, this trend will eventually break through and rise.
The Elliot wave pattern continues? Yes or No? Lets watchin my previous analysis, i have mentioned that BTC is testing important resistance zone. and Yes, BTC was rejected from 30600 levels and now trading around 26500. It was my stop loss point in the analysis.
But Now, BTC is looking bullish as pattern in 1 Day chart indicating towards the Elliot Wave Pattern. But also BTC is testing 100 MA support levels in a Day candle. Previously ( Highlighted in Orange circle ) it was tested at 20400 levels and you can see a bullish pump in BTC. are we going to face the same? well, i have feeling that Yes. but there are few conditions;
1) If we see the same pump as per previous time from the 100 MA support line, We are good and BTC can test the levels of 33K to 35K . Its a very strong resistance in terms of volume, as per my VRVP indicator.
2) If we see more downtrend, BTC going to test levels of 23K to 25K . from there we can see a pump in BTC to levels of 30K to 33K .
Now, i was following my previous analysis, i have taken Short Position from 30200 levels and closed at 27500. Good Profit. BINANCE:BTCUSDT 😃😝. again, i have taken short position from 28700 and closed at 26200.🤩
Please dont forget to add stoploss in any of your trad. Have a safe trading!!!
My BTC 2023 scenario 48K or 60-62K? Hi dear community and my loyal followers, I hope you are fine.
I'm looking at weekly log chart of BTC.
As you noticed from my previous analyses I compared 2022-2023 with 2015-2016 and not with 2019-2020 coz they are very identical. Taking into account this similarities I nailed any single move from the bottom of 2022/15.5K/ to the current moment /30K/.
As you see Based on my measurement and similar move I don't expect BTC to dump below 25K instead of it I expect pump to 35-37K maybe a little bit higher/37-38K/ filling weekly FVG zone and reached the same % pump as BTC did in 2015, after that we'll see dump to 20-22K filling daily GAP on BTC futures. Then we'll see see huge bounce towards 48K if we count 30% from the top and 60-62K if we count from the last swing high 37-38K to the top as it is shown in 2015. The worst case I expect 48K in 2023. When BTC reaches 48K or 60-62K we should see deep correction to 25-28K in case that BTC new ATH will be hit in 2024-2025.
If you like my analayses don't forget to check below analyses, like, comment, follow and share please. I will appreciate any kind of support. Have a good day, I wish you good trades and big profits.
Bitcoin TA : WHAT THE FUTURE HOLDS ?We are now seeing a retracement on #btc after striking the 50% fib level at price $31125 from last high to swing low on monthly.
The next move is #btc tumbling further to our respective demand zones. We have Identified two possible outcomes A & B.
Option A(Blue): Bitcoin will reach the 50% fib at 22,521 and if the level holds we could see a retracement back to highs and potential newer high of 36.6k level. Which marks major supply for #btc.
Option B(orange) : Bitcoin could see a steeper retracement towards the 61.8-78.6% golden ratio on the fib. The prices are 21k-18.9k and see a strong pullback to the supply zone of 36k.
Note: These are technical analysis based on probability and is not 100% accurate. Please do your own research before investing.
BTC long opportunity. Targets 31.4kAs we can see BTC has formed a hammer candle on a retest zone, We might hit a new higher high. If that happens we can surely lookout for long opportunity on next retest near 30460 or if it forms any bullish retest signal above that which will probably give the targets of 31432 & 32000. Let's see & wee.
Why?
Strong hammer on 78.60% fib.
We already have a breakout from a long & strong consolidation from 27.7k to 28.8k.
What can go wrong?
Wait for a new high. It is also possible to have a double top or head & shoulder near recent high level or before that.
BTC/USD - Weekly OverviewThe world’s largest digital asset is facing consolidation for the past couple of weeks. On the technical chart, it has formed a consolidation range between FWB:27K to $29K.
Within the consolidation range, the price level is having support from the middle basis and resistance from the upper line as well. An opposite move could be a significant momentum signal.
The RSI level is showcasing negative nature (55.85), which means that BTC might again test the support present on the middle basis.
The level of consolidation could be identified through Historical Volatility which is currently just at 7.52.
Overall, Bitcoin needs to break above $30K and then $32K to resume its bullish momentum. On the contrary, if the profit booking momentum kicks in, it will have support at FWB:27K and FWB:25K , respectively.
BTC Is In No Trade ZoneBTC is Long in High Time Frame but in 4h or 1Day it was in Distribution Zone Accounting to me BTC will Take a Retest of Down Down and Hunt the Stoploss After that it Makes a New High for this year... So, Wait for the Retest and after that Wait for the Confirmation Candle Than Enter the Trade …
BTC/USD - Weekly OverviewThe world’s largest cryptocurrency is now eyeing to break above the crucial mark of $30K. In the past week, BTC did face profit booking momentum which forced the price level to drop to $26.5K.
However, the level bounce-backed and currently maintains sustainability above 0.236 FIB level, which is a positive sign
The expansion in the width of Bollinger bands suggests that BTC might be ready for another potential upside.
For breaking above the $30K mark, the RSI level must sustain above 50 but currently showcasing negative nature.
Overall, BTC bulls will face resistance at $30K and $32K. On the contrary, if the profit booking momentum again kicks in, support levels can be placed at $27K and $25K.
bitcoin major support , major resistanceremember last time price went to $19600 now it roaming at the price of $28k
we passed this signal to hold long from $20k now, again the situation is becoming tricky , you know what to do in these conditions
hold firmly for the support zone once the week candle ends
follow for more
here to help you not to disappoint.
!thanks
Bitcoin chart , direction is clearas the upper line is working as a trend line for btc but not along with its range as the ends the market will move against the sentiments,
beware with your trade the fluctuation will not be slight , it would be highly volatile
for further details
stay connected and stay tuned
thanks!
Massive Drop Incoming | BTCUSDT 🔻🔻According to the 1D chart, it appears that the market is currently trading within a range, and there is a high likelihood that a drop in price will occur in the next few days. Market is being manipulated by market makers to liquidate new traders and earn profits from their losses. Therefore, it is important to not be deceived into thinking that the market is currently experiencing a bull run, as it is actually more likely that we are in a bear market.
#bepatient #drop #25k
BTC Pure Manipulation | Target 25k..#BTC has been rejected three times at the 28.6k level, indicating a strong likelihood of a significant decline. It is advisable to maintain short positions and refrain from making impulsive decisions, as this appears to be a result of market manipulation.
#staystrong #trap #BTC
Btc short position with supp & resis always see trade opportunity in short time frame like 4hr 2 hr 1hr for the confirmation and keep eye on larger time frame to see the movement
As we talk before, i see some short opportunity and taken a trade mine target was 25250 and 200MA, where i took some spot trade here you can see spot trade opportunity see the link below