Get started

Search in ideas for "Bitcoin"

Bitcoin's rising wedge on the 4hBitcoin is forming a rising wedge on the 4h (what is a bearish pattern). If it breaks the lower support then we're likely to see the 57-58K range. This may be a nice bounce since we're seeing a nice a wick from the bottom. Let's hope this will be a trend reversal but we should also be aware of the Bitcoin fundamentals which can (slightly) change (ie. the Taproot Upgrade). But, I'm still bullish for the future! To be honest with y'all I've de-risked a lot of my perps and are foremostly in spot because we're right now in a breaking point in my opinion (if we go down, we go down hard, if we go up, we go up but slighly slower) The VPVR shows a lot of buying pressure at around 63K and not so much selling pressure above the current price. If we break the current red zone, the next resistance that I'm watching is at around 65.5K.
FTX:BTCPERP
by Awinish
Bitcoin back to 30K soonBitcoin just retested its all time high range and recorded an inverted hammer in the supply zone (Weekly). Clear distribution is seen in lower timeframes like 4 hours and 1 hour; many patterns are identified. If these patterns were identified without the weekly inverted hammer, then we can consider long. But in this case, its clear indication of distribution. The script soon would test 58300 (CMP 61100) ranges and again can bounce back to 61500 ranges. This can form a triangle pattern. When that pattern is broken downside, the immediate support will be 48000 to 52000. If that is broken, 28000 ranges could be seen.
Short
by StudyingtStocks
1
Bitcoin's Symmetrical TriangleBitcoin is forming a symmetrical triangle on the 4H. As can be seen it bounced perfectly during the dump and I might be looking for a long opportunity somewhere in the green area. If we bounce of course, if not, it may offer a opportunity to short but I'll pass that one probably. If we break up the technical target is around 68K, if we break down the technical target is at around 53K (which I don't hope for but wouldn't be something extraordinary) Bear in mind that we haven't had a real correction ever since the 40K level of september ;) Let me know what you think
FTX:BTCPERP
by Awinish
Bitcoin Entering ABC Correction | Altcoins About To BOOM!Bitcoin closed a full bearish/red candle yesterday and today its price is moving below EMA10. After a new peak/high, All-Time High, it is normal for a correction to take place... So, where are prices ahead? You can see additional details on the chart. As Bitcoin corrects, the Altcoins grow I am looking at mainly ALTSBTC but the altcoins market, in general, should be entering a strong bullish wave. Each chart/pair is different/separate, but the big majority can start changing course now nonetheless. Which one is your favorite altcoin? Which pairs do you believe will move strongly next? Share in the comments section. You can check some of my choices in the "related ideas" below. Thank you for reading/sharing. Namaste.
BITSTAMP:BTCUSDShort
by AlanSantana
1
Bitcoin Astrology New All-Time High, Full Moon, Mercury Direct &Bitcoin hits a new All-Time High right on Full Moon day. What does it mean? Are these related? Let's have a look at Bitcoin related to some astrological events. Bitcoin Astrology with Alan Santana First, we have a Full Moon in Aries today and it is widely known that the moon is closely related to human behaviour and emotions. When the moon is full, people tend to be more active and outgoing, ready to take risks, move ahead, release, maturation. The financial markets are also closely related to the sentiment of the people. How the masses are feeling is also reflected in the markets. By inference, we can say that the financial markets and the moon are connected. A full moon would be a great time to see Bitcoin move to a new All-Time High, especially when the moon is in Aries which is the first sign of the zodiac, the pioneer. Aries has an energy that inspires us to take action, to be brave, take risks and get on with the new. New paths, solutions, options, choices, and opportunities. Based on the above description, we can easily see why Bitcoin chose this day to move ahead... There is more. Bitcoin first peaked in April 2021 also hitting an All-Time High back then. A strong correction took place and at the same time, many planets (wandering stars) started going retrograde. A planet is considered to be in retrograde motion when we see it moving backward in the sky. When planets are retrograde we feel the need to stop, go back, check, revisit before resuming our path to growth. Five planets total were retrograde while Bitcoin was correcting and all these planets are stationing direct this very month. Recently Jupiter and Mercury were stationed direct and we see how Bitcoin is also moving forward now with almost full strength. This is just a glimpse of Bitcoin astrology. This is shared for your learning and entertainment. I am hoping that you enjoyed it. Thanks a lot for reading. Namaste.
BITSTAMP:BTCUSDLong
by AlanSantana
Bitcoin Bull Run: Flag and Pole Pattern with EMA BreakoutBitcoin recently gave a breakout at 55 EMA on daily time frame, hinting an upcoming bullish run. This has been a rare signal since BTC rarely crosses EMA on daily chart. (Last it crossed EMA upward in 2020 and ran to 64k) After touching the 42k mark, a correction was observed back to 38k and might proceed to 36.5k. The flag and pole pattern suggests an upcoming bullish move, the EMA support at 36.5k also confirms this. The future seems to be bright with a potential bull run up to the 50k mark.
Long
by Ash002
Bitcoin (BTC)- Day Chart AnalysisBitcoin (BTC) has currently wiped out 50% of the entire market capital over the week and it is still yet to reach the price target of 28k Dollars within upcoming weeks or months. In Day Chart is has formed head and shoulders pattern, which indicates downward movement of the particular currency pair to go down till the mentioned price level i.e. 28k dollars in INR it comes up to 22-24L. Market can expect a reversal once after price reached that level of support and can pull-back up to 48-50k dollars in short-term. Investors can look up to this price level for short-term investment in any pair of alt coins.
BShort
by ShabeebAlthaf