BTCUSDT
BTC should bounce back from this point for another bull run.52.5k should be confirmation point for another bullrun. incase of failure of this 37 to 41k support area we can see a price fall to 30k range.
this would be a crucial week for the market. hope for the best as big institutions are aggressively purchasing more and more btc with every dip.
good luck
BTC needs to make a double bottom to give a bullish setupbelieve in double bottoms than believing in the gut feelings. after believing in technical analysis, I think double bottom confirms a little direction change for some days or months so we get a good opportunity to buy the dip. if it breaks the bottom with a good daily candle and sustains then we might see a little more bear run in the legendary btc.
your decisions are the reasons for your financial life. take this as a lesson to learn from someone.
Signal & analysis For Bitcoin Trading Signal:
A Trading Signal is seen in the Bitcoin BTCUSDT
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 40000.0
⭕️SL: 38724.0 or SL on Uptrend breakout
🔵TP1 @ 43570.0
🔵TP2 @ 45555.0
🔵TP3 @ 51300.0
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Bitcoin THE KING- BTCUSDBitcoin is already been in a downtrend for the past few days in the lower time frames. It looks like BTC is planning for a major liquidity grab before making the next big move towards the moon. I personally will try to take this as a chance to buy more BTC if it reaches anywhere near 24k to 27k. This is not financial advice. Invest only what u can afford to lose.
BTCUSDT | The best goal for price correction♻️Hello traders, Bitcoin in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 3 day timeframe.
In the wave count we did, the main waves 1, 2 and 3 were labeled and now we are inside wave 4.
Wave 4, according to the main wave 2, will be a wave that will have a moderate correction both in terms of price and time.
The structure of the main wave 2 was zigzag , a zigzag that is not normal, so it is far from expected that wave 4 is also zigzag .
In the previous analysis, we thought the first zigzag would end in wave 4 and the x wave would consist of a double zigzag or wave b of a flat.
But this was not the case, and the decline went beyond the previous price floor. And if it moves further, a flat pattern for wave 4 seems more likely.
It should also be said that if the support range of 40 ,000 is broken, the movement up to Fibo 0.50 and the price of 36,500 will continue, and it can be said that the ascent will occur at the bottom of the green channel, and this ascent is definitely for wave b of the flat.
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Move predicted in December - Read the followup hereIf you're my follower you already know that I had predicted this move way back on dec 15. The size of the moves wasn't exactly what I expected but it was close.
I am expecting a daily close above or close to the horizontal support line I shared above. Will btc break the support and go lower? No guarantee because the reason for the dump is fundamental. Omicron fud is building up. For now my expectation is that from here we'll pump. Read about the next move of bitcoin from the link to my previous idea.
Bitcoin, looking Back!There are always, and I mean ALWAYS, warnings about the trend before it starts manifesting.
Looking at this recent Bitcoin crash, was no different. There were like 5 warnings before it nuked to the goblin town.
But we, being silly emotional creatures are always busy thinking what we want it to do and get delusional and miss the clear evidences, which later on comes to bite us bad. We are left in emotional and financial turmoil. Thinking of quitting where we should've been buying had we paid attention.
It it quite natural. I am not blaming anyone. Even to this day, I fall for these fallacies. Key is to evaluate it, look back, see what you could have done differently. Facing your fears and mess ups' is the first step in a hero's journey.
One must not quit because of this. Its just too silly a reason for that. If you think you can make it here, you will.
Don't quit. Learn. Get better. Don't worship Twitter Gurus, VCs, Hype, etc. you get the drill.
Path to success is a lonely one. And rightly so.
Charts never lie, people do.
Godspeed!