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Not So Fast... Another Shakeout? Bitcoin Back To $56K Soon!Patience is key or so we love to say... Bitcoin (BTCUSD) had a small drop yesterday but this is nothing to worry about. Here I have the 4h timeframe chart just to show you... Hit LIKE now and let's get started! We have a long-lower wick on the current candle and also higher lows compared to early and mid-December. Which side are you on? Are you bearish on Bitcoin or do you think its price will grow? I am bullish above $45K with a $43K manual stop-loss with a target at $57K and beyond. Remember, it doesn't matter what the chart says or what the market does... Plan before hand/be prepared, set your goals, diversify and that's all. Namaste.
BITSTAMP:BTCUSDLong
by MasterAnanda
2
Solana looks bullish in the short termI think solana is capable of reaching 208-209 level looking at the 4hr time frame as it is in an ascending channel. On the daily chart, although it is doing fine having passed the support 194.27, low volume is still a concern. If we see some volume pump, sol can reach the 218-220 level according to fib retractment. P.S.- I am a very novice trader who has started very recently. I might be very wrong with my analysis. Any help in the form of advice, knowledge, criticism is welcome. Please let me know what you think about this. That will only help me get better. Thank You
Long
by dg21101997
2 Possible Scenarios Hello Fellow Traders, We are currently witnessing/participating in historic times BTC is currently trading at new levels of support trading around 50K USD, i personally don’t believe we are in a Bear season even though The US Dollar is being Printed more than ever. Right now the Crypto Fear & Greed Index is at extreme Fear as people are scared to buy when it's time to be Greedy!!! I Personally believe that when we enter the first quarter of next year BTC will hit levels around 80K which is a 60% increase which will mean incredible gains for Altcoins. Alt Season May be here soon than anticipated!
BITSTAMP:BTCUSD
by CryptoCurriculum
Bitcoin Straight Up? Short-Term AnalysisWe have multiple signals telling us that Bitcoin can move straight up. Looking at the 2h timeframe for BTCUSD, we can see prices trading above EMA10 and all other EMAs. The trading volume is still low but we are seeing steady growth, the bulls pushing higher. We have a very strong RSI to support additional growth. The next resistance is set at $52,000 followed by $54,000, short-term. Support is set at $48,650 to $50,000. I say we go up this weekend... What do you say? Leave us a comment. Namaste.
BITSTAMP:BTCUSDLong
by MasterAnanda
2
Can Bitcoin Recover Now? End Of Year Rally Early Signals!It is true that the bears have been shinning and Bitcoin took a timeout from any additional growth. We've seen red and red... Aren't you tired? We want a bullish Bitcoin... Yes or no? No need to hit LIKE now or FOLLOW... Let's read first and if you enjoy the analysis... Bitcoin (BTCUSD) Daily Timeframe Chart Analysis | Early Bullish Signals Bitcoin peaked 10-Nov. 2021 at $69,000. It crashed by a massive 39% and this correction has been going for 40 days strong. Bitcoin is the eternal bull. Bitcoin is always bullish... Even if we are to get lower prices; Nothing moves in a straight line, we have to see a bounce and that's exactly what is likely going on. Let's get technical. The first "early signal" is the RSI, it hit its lowest level since May 2021 over 6 months ago. Once Bitcoin hits oversold it normally tends to move up. The RSI hit these levels and has been in accumulation mode, after accumulation a bullish breakout is the norm. If you look at the MACD, still on the bearish side but we are early... See it below: We have the classic bullish cross after a higher low. Last time we had this signal, with the histogram going green, prices moved up. Last but not the least is the EMA50 and EMA100 bearish cross. This is a mid-term bearish signal but when it comes up an imminent bounce can take places as the green arrows show. It is not only the chart... I got this feeling telling me that Bitcoin is going up! Do you agree? Feel free to hit LIKE now and FOLLOW! Thanks a lot for the continued support. Namaste.
BITSTAMP:BTCUSDLong
by MasterAnanda
3
Bitcoin Weekly Close Analysis | Is There Any Hope or Crash AheadForget about hitting like & follow. Let's read! Bitcoin weekly is still trading above a very important level and that is EMA50 ($44720). This is a critical support. Last time EMA50 was tested as support between May and July. The level held and prices moved up. So far EMA50 weekly was hit only on the 29-Nov. week. This and the previous week prices have been trading above this level on low volume. Staying above support can lead to a pullback but, if EMA50 breaks prepare for another strong, long, fast lower-wick as we saw in early December ( see here ). We have additional signals on this timeframe like the MACD bearish cross and bearish divergence but we already looked at those in a previous article ( see here ). On the daily timeframe, BTCUSD is trading below EMA10 and MA200. This is bad news. Closing below MA200 specifically today would signal that the bears are not done yet short-term. If Bitcoin is to recover it needs to happen fast or else we will see another strong crash in a matter of days... Now you can hit LIKE and FOLLOW. Thanks a lot for your continued support. Namaste.
BITSTAMP:BTCUSD
by MasterAnanda