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Bitcoinanalysis

Bitcoin Analyze (Road Map)!!!🗺️(15 min)Bitcoin is running on 🔴 resistance zone($29,850-$29,480) 🔴. 🌊According to Elliott's wave theory, Bitcoin is forming a Zigzag Correction(5-3-5/ABC) . 🔔I expect Bitcoin will go Down at least to $29,100 . -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: PayPal Is Rolling Out A Feature To Allow Users Convert PYUSD To Bitcoin And Other Crypto. Pro-Bitcoin Javier Milei wins most votes in Argentina primary election. Bitcoin Spot ETF Approval Could Help Power up a New Crypto Cycle: Bernstein. Bitcoin (BTC) Non-Zero Addresses Have Reached An All-Time High. PayPal Executive Says PYUSD Will Be Made Available for DeFi in the Future. California Says Political Campaigns Can Accept Crypto, But There’s A Caveat. Brazil Reports Record 3.3 Million Crypto Users In June As Bitcoin Adoption Surges 🌐➖ Negative News ➖🌐: Former Binance.US CEO Says White House Trying To Keep Stablecoins ‘Out of the Discussion’ Zunami Protocol confirms stablecoin pools attacked, $2.1M loss estimated. Current SEC won't approve a spot Bitcoin ETF, former office chief says. Brazil’s Congress moves to levy higher taxes on cryptocurrencies -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
35
Predicting the Future Bitcoin Price with the Power of FibonacciUnravelling the Future of Bitcoin with a Combination of Elliott Wave Theory and Fibonacci Analysis As a Bitcoin enthusiast, I acknowledge that forecasting the future price of Bitcoin is a complicated and daunting task. While I do not claim to possess a magical crystal ball, I do possess a deep-seated passion for examining market trends and analysing data. That's why I have been experimenting with various technical analysis methods, including Elliott Wave Theory, Fibonacci Circles, Fibonacci Timezones, Fibonacci Extensions, and Fibonacci Retracements. My approach merges Elliott Wave Theory, which sheds light on market tendencies, with Fibonacci analysis, which provides me with a more profound understanding of market behaviour through the Fibonacci number sequence. This combination allows me to gain a broader perspective of price movements and make more informed predictions. Fibonacci Circles, Fibonacci Timezones, and Fibonacci Extensions enable me to identify crucial support and resistance levels and visualize the potential for price movements. On the other hand, Fibonacci Retracements help me monitor where the price may retrace during a trend. Through my personal exploration of these analysis methods, I aspire to offer a novel outlook on the future of Bitcoin: My analysis of the Elliott Wave reveals that Bitcoin is poised for an impulsive wave 5, which is part of an impulsive wave 3 at a higher degree. Utilizing the Fibonacci extension method, I have identified resistance points at 1.236 with a price level of $292,168 and 1.382, yielding a price of $713,491. The Fibonacci Circle and Timezones further support these resistance points, projected for January 2024 and December 2025. It is my belief that the peak of the impulsive wave 3 will occur at $292,000. By applying the Fibonacci retracement method, starting from this peak and extending back to $152, I have determined the 0.236 level to be a significant support zone at $49,000, and the correction wave 4 in the highest Elliott wave cycle. With this in mind, the path is clear for the final impulsive wave 5 to reach the 1.382 Fibonacci extension at $713,491 by December 2025.
BITSTAMP:BTCUSDLong
by joerivdpol
Bitcoin Analyze (Road Map)!!!🗺️(1-hour time frame)💡After the correction waves ended, Bitcoin started to go up as I expected✅. 🌊The structure of correction waves was Triple Three Correction(WXYXZ) . 🔔I expect Bitcoin to start falling again from the 🔴 resistance zone($29,850-$29,480) 🔴. 🎯The first target of Bitcoin drop can be the support line. ❗️ Note ❗️: if Bitcoin can break the resistance zone, Scenario will be change. -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: Cathie Wood Says SEC Might Say Yes to Multiple Bitcoin ETFs at Same Time. Binance sold USDC for BTC and ETH after Silvergate Bank collapse. Singapore commits $112M to support fintech solutions like Web3. Elon Musk’s X To Launch Trading App, Dogecoin To Play A Part. 🌐➖ Negative News ➖🌐: Fake PayPal USD Tokens Pop up on Several Blockchains. Crypto expert predicts one last Bitcoin dump before ‘giga pump’. Federal Reserve Governor Hints at More Interest Rate Hikes. -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
69
End of Correction and Beginning of Rise of Bitcoin🚀(Short-term)Hi everyone👋. I hope you have a great weekend .🥳🥳🥳. Today I want to analyze the structure of the waves during the last 4 days. 🌊The 5 impulsive waves that Bitcoin created were due to the of 🌐 MicroStrategy News🌐 and then started to form corrective waves. 🌊The structure of Bitcoin correction waves is Double Three Correction(WXY) . 🌊Bitcoin seems to have completed the main wave Y in the 🟡 Price Reversal Zone(PRZ) 🟡. 🌊Bitcoin needs to break the resistance lines to the upside to confirm the end of the main wave Y . 💡Also, we can see Regular Divergence(RD+) between two consecutive valleys. 🔔This low swing movement is predictable since Volume Trading on Saturdays and Sundays is generally low . I expect Bitcoin to start going up and breaking the resistance lines and reaching the 🎯 target 🎯 in the 🔴 resistance zone($29,850-$29,480) 🔴. -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: Crypto Asset Manager Grayscale Predicts CBDC Support from Next US President, Finds No Red vs. Blue Divide in Crypto Stance. Binance Users Reach 150 Million, CZ Reveals. Bank of Russia reveals digital ruble’s logo and commission fees. ‘Is this a Bitcoin ad?’ Joe Biden unknowingly touts BTC in coffee mug video. 🌐➖ Negative News ➖🌐: Crypto Market’s Fate Is Tied to the S&P 500, Warns Crypto Analyst. XRP Almost Erasing Post-Ruling Gains. Crypto Hedge Funds Are Being Hit by Shutdowns, Lagging Returns in 2023. Centralized exchange trading volumes hit yearly low, though South Korean exchanges resist trend. -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
82
BTC ☀️ – Bullish Potential; XRP, LTC Face ☔ Correction Ahead? Mixed trading conditions ahead on the global crypto market! The sun shines ☀️ over the two largest cryptocurrencies, Bitcoin and Ether, indicating a slightly bullish market with upside potential in the next 24 hours and for the week ahead. Other altcoins face both rain ☔ and clouds ☁️ in the next 24 hours, signaling a slightly bearish or bearish market with downside risk. The downward trend is set to continue over the coming week for both Litecoin, Ripple’s XRP, and Polygon’s MATIC, while the trading conditions should improve for other coins such as Cardano and Dogecoin, edging higher. 🌥️ Follow us for more crypto weather insights!
BITSTAMP:BTCUSD
by ATTMO
Bitcoin will go UP(Short term)🚀After news of a stock sale by MicroStrategy to buy more Bitcoin, we saw a 🐻Bear Trap🐻 on the Bitcoin chart. But Bitcoin started to fall again from the 🔴 resistance zone($29,850-$29,480) 🔴. 💡If we look carefully at the Bitcoin chart, we will notice the Symmetrical Triangle Pattern . 💡Also, we can see Regular Divergence(RD+) between two consecutive valleys. 🔔I expect Bitcoin will go up at least to 🎯 target 🎯 that I specified in my chart. -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: MicroStrategy's Saylor Wants to Buy as Much Bitcoin as Possible.(Saylor’s MicroStrategy plans $750M stock sale, possibly buying more Bitcoin). Economist Alex Krüger Says He’s ‘Betting On Up’ When It Comes to Bitcoin As Under-the-Radar Indicator Flashes. India makes suggestions for G20 crypto roadmap. Dubai expands crypto licenses, granting approval to Nomura. 🌐➖ Negative News ➖🌐: Binance Could Face U.S. Fraud Charges, but Prosecutors Worry About Risk of Bank Run. Binance Suffers $870B Trade Volume Drop in 2023. Pressure on Cryptocurrency Exchanges from Ukraine! 48% Of All Bitcoin Lightning Network Nodes Run On Amazon And Google Cloud -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
55
💡Signs of the end of the Bitcoin Range Market💡Hi everyone👋 (Reading time less than 5 minutes⏰) . Bitcoin has been moving in a Rectangle Pattern for over 25 days ⏰. 📚 Rectangular Pattern : The rectangle is a classical technical analysis pattern described by horizontal lines showing significant support and resistance. It can be successfully traded by buying at support and selling at resistance or by waiting for a breakout from the formation and using the measuring principle. 🌊According to the theory of Elliott waves , the structure of the main wave 5 was Expanding Ending Diagonal , and it is expected that the beginning of corrective waves will be confirmed after the break of the lower line of the rectangle pattern . 💡Bitcoin's entry into the lower area of ​​the rectangle pattern is different this time than before, as it is the first time in the past two or three days that Bitcoin has significantly broken below the 100-SMA and 100-EMA . 💡Also, a SELL signal can confirm the end of the five impulse waves of Bitcoin. 🔔I tried to chart the possible movements of Bitcoin over the next 2-3 days . 🔔I expect Bitcoin to FALL to at least the 🟢 support zone($28,450-$28,080) 🟢 after breaking the lower line of the rectangle pattern. --------------------------------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: Rich Dad Poor Dad Author Says He’s Sticking With Bitcoin (BTC) Amid ‘Sad’ State of America. A recent Glassnode report shows that the number of addresses with at least one Bitcoin(BTC) has reached an all-time high SEC accepts BlackRock’s Bitcoin ETF application for review 🌐➖ Negative News ➖🌐: Major Australian Bank Bans Payments to Binance Amid Regulatory Crackdown. Financial Stability Board Calls for Tougher Global Crypto Rules After Year of Turmoil US Government Moves $305,000,000 Worth of Bitcoin (BTC) Seized From Silk Road --------------------------------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT), 4-hour time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
39
Bitcoin broke the Range Zone (What is the next Movement)❗️❓Hi everyone👋. Bitcoin was moving in the Range zone for about a month and formed a Rectangle pattern . But yesterday, Bitcoin managed to break the lower line of the rectangle pattern, as I expected in previous posts✅. In terms of the structure of Elliott waves , Bitcoin is in the phase of corrective waves , and it seems that Bitcoin is pulling back to the 🟢 support zone($29,850-$29,480) 🟢 broken by wave 4 . After the completion of wave 4 I expect Bitcoin to fall to the next 🟢 support zone($28,450-$28,080) 🟢. -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: Binance Expected to Launch Crypto Services in Japan by August Former CFTC chairman says stablecoins can be a bridge between two worlds. 🌐➖ Negative News ➖🌐: Deribit’s Bitcoin volatility index hits lifetime lows, hinting sideways action. Congressman Warren Davidson calls to ban and criminalize CBDCs. US Government Sells Another 8,200 Bitcoin, On-Chain Data Confirms. -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT), 4-hour time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
43
Bitcoin completed the pull back and is ready to Fall again❗️❗️❗️Bitcoin finally managed to break the 🟢 support zone($29,140-$29,000) 🟢 a few hours ago. 🔔I expect Bitcoin to continue its downtrend in the coming hours and at least fall to the next🟢 support zone($28,450-$28,080) 🟢. -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: Binance Wins Operational License in Dubai. $20 Million Crypto Mining Farm to Be Built at Hydropower Plant in Kyrgyzstan. Alibaba, silver, gold, Bitcoin, Ethereum: Mike Novogratz’s ideal portfolio. 🌐➖ Negative News ➖🌐: Traders Pile Into CRV Shorts Amid Concerns Over Curve Founder's Collateralized Borrowing. Digital Asset Investors Should Report Crypto Staking Rewards as Taxable Income: The US Internal Revenue Service (IRS). SEC sues Richard Heart of Hex and Pulsechain for allegedly selling unregistered securities. -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
76
Bitcoin and 🚩Symmetrical Triangle🚩Hi everyone👋( I hope you had a great weekend ). As you know, trading volume is low on Saturdays and Sundays (generally). After breaking the 🟢 support zone($29,850-$29,480) 🟢, Bitcoin has started to form a Symmetrical Triangle Pattern this weekend. 📚The Symmetrical Triangle , which can also be referred to as a coil, usually forms during a trend as a Continuation Pattern . The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge as they are extended, and the symmetrical triangle takes shape.📚 💡It is interesting to note that when Bitcoin hits the upper line of the symmetrical triangle pattern, the Volume of Trading is higher than when Bitcoin hits the lower line of the symmetrical triangle pattern. This happen shows us pressure of sellers is high. 🔔I expect Bitcoin to move towards the 🟢 support zone($28,450-$28,080) 🟢 ⚠️ after ⚠️ breaking the lower line of the symmetrical triangle . -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: Congressman Patrick McHenry: Bitcoin is a “Financial Revolution.” Robert Kennedy Jr. reveals buying 2 Bitcoin for each of his 7 children. 🌐➖ Negative News ➖🌐: A new law requiring USA citizens to report Cryptocurrency transactions above $10,000 is one step closer to being approved. -------------------------------------------------------------------------------- Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
64
How will the Candle of the current 6 Months be Closed❗️❓Hi everyone👋 (Reading time less than 5 minutes⏰) . Today I want to show you the 🎯 target 🎯 of Bitcoin for the next 5 months using the 6-month Bitcoin candles. ⚖️Bitcoin has created 6-month candles in the last 7 years, and if we look closely at these candles, we can see similar movements in them.⚖️ ⚖️I divided the 6-month candles into 5 similar movements.⚖️ ⚖️The first movement consists of three candles, which showed an upward movement before the start of the correction, which are similar in both periods of the first movements.⚖️ ⚖️In the same way, the next candles had similar movements.⚖️ ⚖️If the fifth movement wants to be similar to the fifth movement of the previous movement, the candle of the current 6 months has to close in red, and 50% of the fourth movement should have a minimum decline (about $22,780) .⚖️ 🔔As a result, I expect Bitcoin to drop to at least $22,780 in the next 6 months. It is interesting to know that this analysis is similar to my previous post on "Bitcoin 🗺️Road map🗺️for 300 Days Before Halving 2024❗️"It is compatible; I recommend you to read the following post as well.👇 Bitcoin Analyze ( BTCUSD ), 6-months time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BITSTAMP:BTCUSDShort
by pejman_zwin
24
$BTC -Range Bound *12hr- CRYPTOCAP:BTC continues trading within a Tight Range of 2K, dancing tango with range's bottom and ceiling, until it doesn't. 40.000$+ per #Bitcoin is not as far fetched from here, all Bitcoin gots to do is break current range to the upside before resuming higher. Besides that, the awaiting Feds Rate Hike decision will impact direction of CRYPTOCAP:BTC and other Financial Market sectors. Breaking down from the range, upcoming supports are EMA200 catching up to 12Hr(tf), Demand Zone during impulsive price action in 1Hr(tf) + a small support trendline. If all these zones fail to provide support assuming a range breakdown headed South, watch for S/R zone 24K-25K to catch a decent bounce, welcoming great probability outcome Longing on Derivatives . Remain Patient ! Until the next confirmation TRADE SAFE *** Note that this is not Financial Advice . Please do your own research and consult your own Financial Advisor before partaking on any trading activity based solely on this Idea
BITMEX:XBT
by Mr_J__fx