Bitcoin/BtcBitcoin has broken important resistance and also a pattern breakout has happened.
bullish on btc and crypto
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BITCOIN : BREAKOUT AT 24450 USDBitcoin is trading at 22390 of zones. For the past few weeks 24450 seems to be a resistance and 18850 is a strong support. On a hour candle is forms a zone range of trading 20k to 23k . Volume is above average , candle tries to breaks resistance more than 2 time. Resistance zone will become weak and soon 24k would be broken. Then next resistance seem to be 30k.
BITCOIN IS FORMING A W PATTERNBitcoin market update: #Btc has formed a W pattern on the daily, meaning a chance of a reversal towards 26.6k should we break 22,800. The RSI also has formed a higher high, indicating a possible price momentum towards the upside.
Although price could go up from here, don't be fooled , that we are still extremely bearish on the daily and weekly and this move is only to trap retail, spread euphoria and form a higher low.
Bitcoin Short Term AnalysisBitcoin after the rally from making the lows is under correction and I expect it to go slightly higher from current levels and give another drop below 20k levels which would complete the correction and then a rally higher from there which could take it for the targets of 23k to 25k. One more sharp correction is required to complete the pattern but it can also come going higher than 21600.. Right now my expectation is for a regular ABC correction but if it goes past 21600 and make new highs then it would be either an expanded flata or running flat. Most likely should be a running flat in that case as Bitcoin seems to be holding 19900 levels which was previous high..
Bitcoin major market update - PAY ATTENTION !!!Bitcoin market update: Btc currently is trading at 20.7k and is in our demand zone market out previously. This zone of 16.9k - 20.1k is major point of interest currently, considering it’s also the previous all time high from the rally of 2017-18. If bitcoin holds this level we could see a retracement towards the 61.8 fib level(27.3k) to 28.5k - 31.58k supply zone. Where we could see #bitcoin tumble back down towards 12k should this happen. We are no where close to the bottom or end of the bear market, which in our opinion could last for another year or so.
Fundamentals: High inflation
Money gap
CME futures gap at 12k
Cash grab and hodl for bigger players until the dust settles.
bitcoin in downward trending channelbitcoin in downward trending channel; breaking and closing the horizontal weekly support would mean severe bearishness in the coming days
Bitcoin following the channel.Bitcoin doing what it should do.
Getting ready for another rally from the bottom of the channel.
Immediate resistance is 50 SMA.
If this channel is maintained then we are all good.
Bitcoin's lifetime Fibonacci Lines & DiaryBitcoin is going to face pressure from two support lines that you can see on the chart and while people find a lot of correlation between S&P 500 Index Chart to that of bitcoin, we can assume that there's huge volatility across the global markets and not just cryptocurrencies.
I've drawn multiple scenarios for reversal without having an ambitious target like bitcoin maximalists or Cathie Woods. It's possible but not anytime soon.
Stick to entering your positions on any resistance line that could potentially become support.
And stay away from scalping for a few weeks :D
Bitcoin 15 min. chart anlysisBitcoin chart analysis.
15 mon. chart analysis.
Arrows are indicating of direction and entry exit.
Bitcoin PredictionBitcoin is exactly following our trendline. If it breaks the trendline support than expect it to $40 -42k. there is a resistance at $51k so trade carefully. If BTC breaks it than expect $59k.
BITCOIN TRADING AT VERY PROMISING LEVEL OF 42000BITCOIN trading at VERY PROMISING level of 42000. Urgent BUY and ACCUMULATE per your capacity.
Bitcoin Price PredictionBitcoin is looking for the down move before its massive bull movement.
The Bitcoin market is looking for yet another short correction and the Buy targets are:-
Buy zone 1- $53K-$52K
Buy zone 2- $58K-$56K (for a safer entry )
and the sell targets are
Target 1 - $63750- $62800
Target 2- $68800- $67500
Bitcoin bullish pennant 1Dbitcoin forming bullish pennant pattern in 1d chart and most likely it will break about be ready for next btc all time high on 15 november as there is an event as well so we are likely to break above and with it ada will be fire .
bitcoin bigest move coming soon.bitcoin bigest move coming soon, bitcoin to the moooon. bigest update.
BITCOIN 80k soon : FIB Extension & Flag-Pole theory (READ CAP) Bitcoin projected targets are 80k as per both of my theories:-
1st THEORY- FLAG & POLE - Widely used Flag Pole is basically plotted to guess further targets when an asset is at ATH . Bitcoin went into consolidation and formed a slant flag after a huge rally, here the rally is considered as a pole. So we just draw a trendline from the bottom to the top of the rally till the current consolidation phase and paste the same pole ahead of the flag. Our projected target is 80k here. This is a very simple theory.
Second one is Fibonacci Extension . We plotted this from 28k to 53 where it retraced and we usually consider 0.618 as our targets which is again 80k
Now that's huge and looks quite accurate.
COMMENT your views
HODL !
bitcoin supply and demand area. falling or rise bitcoin supply and demand area. falling or rise 80% chance to fall and 20% chance to rise. so make sure.
Bitcoin Price AnalysisBitcoin is at a vital stage which can impact its short term price movement.
Any breakout from range can lead to a rally. While failure to breakout can cause it to trade within range.
DYOR before investing or trading.
Bitcoin Monthly Chart.Bitcoin has taken support on the 29k line 3 times in the last 3 months.
RSI has cooled own from 90 to 57.
Next support for RSI is available at 48 and after that 43 which will be crucial, if we do not see a bounce back from 43 here then it may slip to 20k or probably 13k.
Bitcoin 65k soon....I AM BULLISHBitcoin 65k soon....I AM BULLISH
THE CHART INDICATE THAT HOW TO RISE OF BITCOIN PRICE IN UPCOMINE DAYS.
NOTE: SUPPORT AND RESISTANCE ARE MOST IMPORTANT,
AND MUST RESPECT OF ALL.
Bitcoin shortBitcoin short below pdl for lower targets
Expecting to make lower high for downward trend
Bitcoin going as predicted on 8th March 2021#Bitcoin hitting all time high as predicted earlier on 8th March, after breaking the ascending triangle. It hit the exact target as of now.
We might see the price now testing the previous resistance (Support as of now) and might hit new highs.
stay tuned for the new highs and keep your eyes open.
*** THIS IS NOT A FINANCIAL ADVICE, TRADE AT YOUR OWN RISK!! ***
