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BTCUSDT

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.
COINBASE:BTCUSD
by TradeDog-Research
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
Short
by MoneyLinter
3
BTC/USD - Weekly OverviewThe world's largest cryptocurrency developed a much-needed sustainability above the FIB level of 0.236 FIB level. However, MA-20 looked vulnerable facing a negative crossover against MA-50. This may result in a breakdown below 0.236 FIB level. The RSI level also showcased its negative nature while residing at the level of 36.72. Overall, the support levels for BTC can be placed at $26K and $24K. While the resistance levels can be placed at $30K and $32K.
COINBASE:BTCUSDShort
by TradeDog-Research
BTCUSDT short term trading idea target 28000+Bitcoin trading in bullish flag pattern and now it is in lower support range, and in smaller time frame it is gonna to breakout so chances are high for bounce back from these levels currently it is trading at 27487. so if anyone wants to go long can take position with the stop loss of 27127 and go for target above 28000+ Note:- Bitcoin trading is highly risky so please trade carefully with strict stop loss. If anyone likes my work please like follow and comment. thankyou
Long
by TraderRahulPal
BTC bitcoin big cycle ABC waveBTC bitcoin big cycle ABC wave, the green line is the trend line is the target position of C wave rise, the vertical line is the time period of arrival, three waves ABC, A wave rises, B wave falls, C wave soars, and the long line is mainly back to the highest in history Nearby, and broke through the highest point in history, and finally rushed to a record high of more than 100,000. The volume of C wave can be enough to rush to a position close to 200,000. The surge of C wave will definitely hit a record high and break through 100,000.
COINBASE:BTCUSD
by ZhongBenCong001
1
Btc analysis & spot entry with supp & resis, fib retrac daily TFAs we approach the FOMC meeting tonight, there is a possibility of a negative impact on the market if the Fed decides to increase interest rates. In this scenario, we may see an opportunity to enter the BTC market at lower levels. Looking at the daily time frame, we can identify key levels of support and resistance to inform our spot entry strategy. Specifically, there are marked spots where we may consider entering the market. Additionally, there is a Fibonacci retracement golden pocket that serves as a potential support level. However, it's important to note that if the 20 MA and 50 MA fail to provide support, we may witness a downward trend towards the 200 MA. As such, it is crucial to keep a close eye on the FOMC meeting as it may cause significant volatility in the market over the next few days. In summary, our analysis suggests that there are several opportunities for spot entries in the BTC market on the daily time frame, with potential support levels and a Fibonacci retracement golden pocket. Nonetheless, market volatility may increase in the coming days, and we should remain vigilant for any signals of downward momentum.
by nawaab001
1
BITCOIN 21-March-2023 ANALYSIS AND PREDICTIONSToday as we can see IN bitcoin price there is an resistance range between 28269- 28861 and a strong support zone is in between 26986-26807 SCENARIO 1 If we see a strong breakout above 28800 then only we should buy SCENARIO 2 For today if we see a breakdown below 27600 we should take take profit at support level because from there we can see a bounce back. CONCLUDING ANALYSIS Today I can see a range bound movement between 27600 - 28800. Strong breakout above 28800 can take the price upto 29000 and further more Wait for a clear and decisive move above or below of the given levels. ✅ BITCOIN SUPPORT AND RESISTANCE LEVELS SUPPORT 1 - 27600 SUPPORT 2 - 26800 SUPPORT 3 - 26000 STRONG SUPPORT ZONE - 26986-26807 RESISTANCE 1 - 28861 RESISTANCE 2 - 29394 RESISTANCE 2 - 30731 STRONG RESISTANCE ZONE - 39875-40000
BINANCE:BTCUSDLong
by kislaysumit
Bitcoin BTC daily trend line cycleBitcoin BTC daily trend line cycle, the red line is the bottom in the past, breaking the previous support and turning resistance is the position where it will rebound and rise in the future, the vertical line is the future top date, the red hammer is the future top price, and the green line It is the top of the past. Breaking through the previous resistance and changing to support is the position of stepping back on the support now. It has successfully stepped back on the support in the short term, and it has belonged to the breakthrough trend line in the past. When the trend line is broken, it is bullish. When the trend line is stepped back, it is the last up The opportunity for the car, now the opportunity is in front of you, others are afraid to be greedy, and are ready to start a long-term bull market.
COINBASE:BTCUSD
by ZhongBenCong001