Btcusdanalysis
The Bitcoin Charts Of 2020 And 2023Crypto Analyst Reveals Uncanny Similarities In The Bitcoin Charts Of 2020 And 2023
A crypto analyst has revealed what seems to be one of the most uncanny similarities in two separate Bitcoin charts. The two charts taken from 2020 and 2023 show a very similar price trend, and the most important part is what happens if Bitcoin continues to follow this trend.
What Happens If This Trend Continues?
If the historical performance of Bitcoin back in 2020 is repeating itself once more, then it is very bullish for the price. This is because 2020 is actually the year the last bull run began. From December 2020, going into the year 2021, the Bitcoin price would rise continuously to beat its previous all-time high set in 2018.
BITCOIN Projection of $15k to $48k#BITCOIN Daily Chart Analysis
As per 1-day chart Analysis of CRYPTOCAP:BTC , still it will be moving perfectly as per Broadening Wedge Pattern from last Lower-Low point of $15.5k on Nov. 2022 and before #Halving of Bitcoin its final downtrend cycle goes towards completion and it will be projecting towards BER:33K to $30k cut-off for its final Lower cut-off point around April-May 2024 on Having Time Zone.
Lets see, Whats new and final #AllTimeHigh will mar-up in 2023, while at this time on today on 6 Dec. 2023 at writing time, #ATH of CRYPTOCAP:BTC is $44,575 approx.
Whats the new All Time High of Bitcoin in 2023..
Is it will be FWB:48K or FWB:52K around,
It means, BTC cross over $50k again 8th time in history and then it take Reversal mode towards BER:33K -35k at last time..
Lets see, whats the market mood and sentiments of Whalers with news impact of #ETFs.
Always #DYOR and Trade wisely by using #StopLoss at this deadly Volatile situations of #Bull or #Bear Traps to avoid your funds from Liquidations.
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BTCUSDT good for short (Bitcoin short position)****************************************************************************************************
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* All the information shared in this chart is provided for strictly educational purposes only.
* This chart is sharing information are based on the theory of technical analysis .
* This is not an offer to buy or sell stocks, futures , options, commodity, forex, interests or any other trading security.
* Back test yourself before jump into live market consult your financial adviser and use proper risk management.
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Trade entry : 37685
SL : 37848
Target : 37200 \ 36946 \ 36354
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BITCOIN - Price Projections Before Halving#BITCOIN Weekly Chart Analysis
As per Weekly movements, MIL:BTC moving towards $38k to FWB:48K ( May be chances to break-out $50k again 8th time in history), but before #Halving once it will be take a reversal towards $30k also last time to book profits by Whalers in this cycle.
So, Ready for that last ride of last downtrend cycle before #BullRun Starts after the Halving of Bitcoin approx. 60-90 days, it means around July 2024 BTC will be starts their #Bullish Trend towards the Upcoming BullRun's first phase of $165k-$180 in 2024-25 and final #AllTimeHigh will be reach around Nov. 2025 to Jan. 2026 around $280k-$320k approx.
Anyway, always #DYOR before investing in Crypto as well Trade wisely by using #StopLoss
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$BTC | 1H: Today Plan:Looking for long on BINANCE:BTCUSDT now. We experienced a dip yesterday and $35,500 Buy wall has been filled. Bulls are gaining momentum, indicating a potential shift towards a bullish trend. Expecting pump towards 37k again. GL!
Previous day:
VAH: $36776
POC: $36411
VAL : $35560
Date: 15 Nov 2023
BTCUSDT Bitcoin bearish on Daily chartA bearish view on Bitcoin suggests a belief that the price of Bitcoin is likely to decrease or face a downturn in the future. It's important to note that the cryptocurrency market is highly speculative and influenced by various factors, so any predictions come with a degree of uncertainty. Here are some reasons someone might hold a bearish view on Bitcoin:
Regulatory Concerns: If there are increased regulatory pressures or crackdowns on cryptocurrency trading or usage in major markets, it could negatively impact the demand for Bitcoin.
Market Sentiment: Bearish sentiment can be driven by overall negative market sentiment, fear, uncertainty, and doubt (FUD) surrounding Bitcoin or the broader cryptocurrency market.
Technical Analysis: Traders and analysts often use technical analysis to identify potential trends and patterns in price charts. Bearish technical indicators might include patterns such as descending triangles, head and shoulders, or bearish divergence.
Macro Economic Factors: Economic downturns or financial crises could lead investors to sell off riskier assets like Bitcoin in favor of traditional safe-haven assets such as gold or government bonds.
Competition from Other Cryptocurrencies: If other cryptocurrencies or blockchain projects offer better technology, features, or solutions to specific problems, investors might shift their focus away from Bitcoin, affecting its price.
Security Concerns: Instances of significant security breaches, hacks, or vulnerabilities in the Bitcoin network or associated platforms could erode trust and confidence in the cryptocurrency.
Market Manipulation: The cryptocurrency market is still relatively young and can be more susceptible to market manipulation, which could lead to artificially inflated prices followed by sharp declines.
It's important to conduct thorough research and consider various perspectives when forming an opinion on the market. Predicting the future movements of Bitcoin or any other asset is challenging, and the market is subject to rapid changes based on news, sentiment, and external factors. As with any investment, it's crucial to carefully evaluate risks and make informed decisions based on your financial situation and investment goals.
BITCOIN Last Time Breakout Divergence#BITCOIN 1hr. Chart Analysis
As per present scenario, after reached out $35.9k in last week, CRYPTOCAP:BTC lower support already one of the previous one is $33.3k that was never broke down in previous times to much easily as well not this time too, but its also never break-out $35.2k mark very easy soon and previously many times too.
So, its the exact scenario here again in October month end arrival soon, either it breaks their resistance of $35.2k this time, but if rejects from their then may be other chances to try-out for lower-low support of $33.3k again final time too...
Lets, see whats the market and whalers mood of October month end, Just wait n watch
but, always #DYOR before invessting in Crypto and Trade wisely by using #StopLoss.
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BTCUSDT ( 5% CORRECTION TOWARDS $33000 )Bitcoin looks like it wants to pull back before advancing higher!
CRYPTOCAP:BTC appears to have formed an ascending triangle on the hourly chart. As #BTC
trades below the hypotenuse, the odds increase for a 5% correction toward $33,000.
#bitcoin #cryptocurrency #ethereum #blockchain #priceaction #technicalanalysis #onchain #btc #usdt #pull #analysis #linkedinmembers #investor #trader #TRADEWITH_RITIK
BTC bullish breakout? As per CNBC report,
It is noted that BTC has Lowest Volume participation in Last 4 Years.
"The U.S. regulatory crackdown on crypto combined with the end of the banking crisis in May (which accounted for much of its year-to-date gains) drove market makers and traders away – and they haven't had a reason to return"
But after US 10 years bond yields report,
It is acting like Catalyst.
In amid uncertainty of global market, this sudden movement in the BTC price has been Observed.
It is likely to retraced back since volume participation is not much to an expectation.
Need to see if it hold above the upper trend line.
BTCUSD : continue the strong escalation momentum While the news may not be real, the money at risk is very real. Data from tracking firm Coinglass shows that a total of more than $85 million worth of positions, mostly short positions, were liquidated in the past 24 hours.
While misinformation is inevitable with a market beloved by both scammers and digital enthusiasts, this scam has heated up the debate over whether the market has truly priced in the market. The emergence of a Bitcoin spot ETF yet. It also underscores regulators' concerns that individual investors lack basic protections in the markets — a sticking point that has previously led the Securities and Exchange Commission to limit openings. widen market access.
According to Michael O'Rourke, chief market strategist at JonesTrading, “the fake news about a Bitcoin spot ETF being approved highlights the challenge of protecting investors in an unregulated, attractive space. Shady activities and widespread speculation.”
BITCOIN btc value buying analysis hello everyone welcome to crypto trading ideas and investing charting
we are watching btc on weekly and daily basis,
from previous down trend we have seen the bullish break of structure,
we have seen some liquidity area and internal pullbacks,
but currently price is making small bars and moreover sideways
this looks like less buying demand at CMP
im expecting price to pullback at HTF demand zone
theyre marked with green and yellow arrows
this will make false breakout
need to correct 10-20%
disclaimer -
im charting this for education and not financial call
BITCOIN - After Pumping Still Bearish#BITCOIN Daily Chart Analysis
After Pumping of Weekly startup today's signal, CRYPTOCAP:BTC movement still under #BearishFlag pattern, it means with in next 25-35 days its next and final divergence will be towards $24k and from that point it will break down, there will be chances to breakdown of 18-20% means up-to $5k of value breaks as per my next forecast up-to 20-25th Nov 2023 and this will be our last #BearishZone downtrend cycle, after that Bitcoin starts to move in Uptrends towards #BullRun slowly as Sideways.
Sometimes, Whaler's & Manipulator's trying to do Hard Pump n Dump by using the market sentiments and some news regarding any legalisations, wars, attacks, de-pegging's, #SEC etc etc. Those are the just manipulation for a time being to just liquidate market funds and create Panic in market.
So,
Always Trade wisely by using #StopLoss at this panic and volatile situations and #DYOR, its #NFA
as well,
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