Bitcoinanalysis
The Bull market for Bitcoin has been confirmedI am so overwhelmingly optimistic that I incessantly evaluate my emotions to ensure that my viewpoint is not erroneous. But how unrealistic is this when #Bitcoin is on the verge of closing its weekly candle at this current price level? We have breached the triangle and the 0.382 Fibonacci level. In recent days, Bitcoin has also established support at the 0.382 Fib level. Bollinger Bands are contracting, indicating an imminent explosive breakout. In my opinion, we can begin preparing to revisit the $35,000 price level in the upcoming weeks. That is the next resistance point, specifically the 0.236 Fib retracement.
Furthermore, the outlook on the monthly timeframe is highly favorable, which is in the process of closing within the next few days.
Wishing you all a thriving bull market, my fellow Bitcoiners.
Bull confirmed.
Bitcoin – my intraday trade revealed!Hello, everyone!
The mid-term analysis for the Bitcoin remains the same, I expect the correction to $20500, but it does not mean that we can’t use the intraday trading opportunities. I expect the last leg up and am going to explain you why.
On the 4h time frame BINANCE:BTCUSDT chart we can notice that the price is still above the Williams Alligator indicator, it means that the overall bias is still the bullish. Moreover we have the clear signal – the green dot under the candle. This is my hand made indicator which make it easy to reveal the Awesome Oscillator long signal. If the price will break the high of this candle it confirms the bullishness.
We have to buy only at the breakout, therefore I placed the conditional buy order at $23103 . This is not only one argument, this signal is located above the red line of Alligator. Moreover on the 1h time frame there is a up fractal, which is also the key level, which breakout could bring the price at least to $24k , but after that the anticipated dump is about to happen.
Best regards, Ivan
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Bitcoin is about to explode!Hello, everyone!
I hope you like my new analysis format with my intraday trades. Yesterday’s trade is still actual, but if you missed, you can use this one because it has much better risk to reward.
On the 1h time frame BINANCE:BTCUSDT chart we can notice that the price is fluctuating around the teeth of the Williams Alligator indicator. It means that the market is about to explode an show us the impulse. Now we have the clear fractal signal if the price will break $23053 it can reach much higher levels. This breakout is going to be the trigger for bulls.
Moreover we have the trendline resistance above and I suppose the Bitcoin should break this level to show us the higher high before the dump. Awesome Oscillator now is aslo gaining the strength, crossed above the Moving Average. It means that the momentum is rising. Very important we have to wait for the $23053 breakout to jump into long trade. The stop-loss should be placed just under the second down fractal at $22838 .
Best regards, Ivan
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Bitcoin IdeaBTCUSDT
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
Next Bitcoin movesBitcoin broke out of the low 20K resistances and is approaching 25K. 20.5K is now acting as possible support.
If Bitcoin comes down, it will have support at 20.5K and 16.5K. Both these areas are good enough to enter a long position. Lower time frames - minutes and hour - will confirm when it is nearing.
Long position 1:
I will gladly enter a long position at 20.5K with StopLoss at 20.3K. Take Profits at 21-22K, letting some run while upping SL area. A loss of 20K could see BTC going to 18 or even support levels below that.
Long position 2:
I will enter a long position at 15.5K and 16,5K. Both should be huge support. I will take some profits along the way and letting some run for the long run. Any BTC at 16K ish is worth it for the long run imo.
Short Position 1:
BTC reaching 25K warrants a short. Looking for lower time frames action to see how BTC reacts.
Short position 2:
If BTC goes through 25K and maybe even retests and bounces, it could rocket quickly to 30K. A short at 30K seems good, again check lower time frames. If BTC is hot, taking profits quickly. Even though BTC could go through both 25K and 30K, it should drop at both prices first time it hits, so a short at both places would be logical.
Short position 3:
BTC could go fast from 30K-40K as most people will buy at low 30K and not sell until at least 40K. Shorting at 30 for same reasons as the other shorts.
Drawings show some suggested moves where it will react at these aforementioned price-points. Though dems and other sick elites are trying to wreck our economy, I am bullish on Bitcoin in general/the long run.
Would love likes or comments, with ideas and other scenarios etc.
Bitcoin Multi-Timeframe Analysis 28.01.Hello Traders,
welcome to this free and educational technical analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
AW Bitcoin Analysis - Formulating A Bullish View For Bitcoin...I have been doing a lot of research lately when it comes to the Dow Jones and the Euro coupled with the ASX and the Aussie Dollar.
The view I present here has been in the back of my mind for a while laying dormant as a potential.
A potential that I couldn't let myself express due to the view I had on the US Dollar at the time.
Now that I have cleared that up you can see those videos below linked in related ideas.
I now have a reason to bring out that idea and it's the only possible explanation why Bitcoin may be very close to a bottom.
So, I lay it out here and as with the previous XRP idea it simply indicates that this bear market doesn't have long to go before it's done.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
🔥BITCOIN price SP500 FOMC-Fed Funds Rate. Next week will be hotEarlier this week, we published a possible trade for BTCUSDT. It is still in the process of being worked out.
The trade was based on the assumption that sellers would make every effort to protect the $25k area from an upward breakout. And it is justified and logical to cover at least part of the long positions in this zone.
But looking at the weekly candlesticks, we can see that the growth is only accelerating.
If buyers manage to break the stops of shorts above $25,000, this may provide additional fuel for a sharp 1-2 day impulse to the $27500-28,000 area.
And after a correction to the $20,000 area is possible, and theoretically, this will not be bad for the future growth trend.
We would also like to remind you that on 01/02/2023, the FOMC will meet to announce the new Fed rate. The forecast is +0.5%.
It is difficult to predict how the markets will react, but increased volatility in the markets will be guaranteed.
And at this point, We would like to remind you that sitting without a position is also a position and perhaps the most difficult position)
The SP500 index is on the verge of an upward breakout, but even traders by large companies included in this index are waiting for what the Fed will say. Therefore, in our opinion, it is worth keeping an eye on two possible scenarios.
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#Bitcoin Prices Inside a Bull Flag, Support at $22.3kPast Performance of Bitcoin
Bitcoin prices are firm at spot rates, relatively stable in the last trading day, and within a bullish formation. Although yesterday was lower, the coin is above immediate support at $21.5k and $22k zone, an indicator of strength. Traders should watch out for how BTC pushes and close above $23.3k, confirming January 20 gains.
#Bitcoin Technical Analysis
The path of least resistance remains northwards, reading from the price chart. Support is at $22.3k and around $21k, marking January 20 low, should sellers press on. On the upper end, buyers must break above the current consolidation at $23.3k and $23.8k, on January 25, for uptrend confirmation. Considering the formation in the daily chart, conservative traders can wait for a breakout in either direction. If buyers take control, breaking out above the bull flag, BTC may easily float to $25k in a bullish continuation formation. On the reverse side, losses below $22.3k may see BTC dump to $21k in a retracement.
What to Expect from #BTC?
Buyers are in control. However, the upside momentum is fading, per the formation in the daily chart. There is a bull flag as prices consolidate. A breakout in either direction would shape the short to medium-term formation.
Resistance level to watch out for: $23.3k
Support level to watch out for: $22.3k
Disclaimer: Opinions expressed are not investment advice. Do your research.
BTC/USDT BINANCE Strong magnet pull from previous large support areas in the past.
Would be nice to tp @ 30k , and maybe correct from there.
Is the a relief rally or mini bull run.
A lot of opinions from both bulls and bears.
I stay in the middle perspective and see how we can learn from both sides.
These are only my opinions and isn't financial advice.
DYOR!
Thanks Like , Comment, and Follow for more ideas.
#Bitcoin Upside Firm, Liquidation Pressure At $23.3kPast Performance of Bitcoin
Bitcoin prices are steady at spot rates, up in the past two weeks but flat in the past few days. Even though the uptrend is valid, the accompanying momentum is a concern. From the daily chart, buyers have failed to follow through, confirming gains of January 20. BTC must clear this week's highs at around $23.3k to validate the trend from mid-January 2023.
#Bitcoin Technical Analysis
Overall, buyers are in charge. However, there must be confirmation in the near term. The tight consolidation inside the January 20 bull bar is favorable for buyers. A close above $23.3k would affirm the uptrend, paving even more upswings toward $25k. For now, traders might find entries to accumulate. This would build up the bullish momentum. Still, the preview is only valid whenever BTC is above $21.5k. If there are losses below the January 20 low and $21.5k, the uptrend might be paused, allowing BTC to cool off, possibly driving the coin back to $20k.
What to Expect from #BTC?
Although buyers are confident, there must be gains above the current consolidation in the next few days. The zone between $23.3k and $21.5k is critica, and could shape the near to medium term.
Resistance level to watch out for: $23.3k
Support level to watch out for: $21.5k
Disclaimer: Opinions expressed are not investment advice. Do your research.
AW Bitcoin Analysis - The Macro View Aligns with the Waves...In this video I explain why I believe the waves line up with the macro thesis.
Short term; the waves are an amazing tool especially when you use AriasWave for analysis.
The bigger picture though, has its own list of fundamental reasoning behind it.
The point is that as I go through the interest rate chart alongside the Bitcoin chart, it only takes a bit of logic to see what is happening here.
Bitcoin is a risk asset and during times of increasing inflationary pressures built up over 40+ years of stimulus, eventually the problem becomes too much to bear.
The FED and other central banks are stuck between a rock and a hard place when it comes to appeasing investors.
It has become too difficult to make everyone happy all in one go, not that they really ever cared about Main Street.
I always like to use the boiling frog analogy, it's only when things get really bad that everyone starts to take notice.
Unless you have been living under a rock it's not hard to see that constantly depreciating your currency eventually starts to affect the whole world.
As a result, the general population find themselves under immense financial pressures and have less dry powder to invest in these risky assets.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
BTC Wave B has begun!We are just waiting on confirmation of a break and close over the previous LH ($25,200) to confirm a sign of strength/Quasimodo. This will also further validate the near term protected bottom of 15.5k and present a once a year opportunity to buy the bottom/open short term longs at the retest of $17,600. Keep in mind, this short term bull run is only a 3-3-3 corrective Wave B and will face a major level of resistance around $35,900. We can only speculate for now.
Bitcoin- It's imperative for bulls to keep 21k intactSince the beginning of the year, Bitcoin has entered a strong recovery move, and although I'm not so optimistic and don't see a sustained rise for the next 6 months or so, for me, as a speculator, doesn't matter much if the price of BTC will be 100k or 10k in the next 6 months. All that matter is where BTC's price will be next week.
And all I know is that, at this moment, the old 21k resistance should act as support now.
As I said, the price is very well sustained at this moment and, as long as we are above 21k, bulls hold the upper hand.
That being said, buying dips could be a good strategy if we target 25k and set a stop loss under 21k
Short Term Bitcoin longThe chart for $BTC is showing me many bull flags.
From the chart shown above, you can see a local breakout, Moving Average support is holding $BTC, and that RSI has lowered.
I have done much more analysis to back my long belief, special indicators of mine indicating it will go up among other fundamental and technical analysis.
Keep in mind $BTC is volatile these days so I advise being very careful and vigilant!
STOP LOSS: $22,180
TP1: $23,400
TP2: $23,600
TP3: $23,800
TP3: :$24,000
You may wonder, "Why have you not shared all your TA and other analysis?"
Well simply because the Fundamental side of it is quite long, and honestly I do not like showing all my TA tricks publicly on TradingView.
I also unfortunately cannot tell you where to go to see all my tips and tricks because TradingView will label it as self advertising lol.
BTC Bitcoin: 1D Chart UpdateToday you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD).
Bitcoin price has been pumping recently and there is potential for it to keep moving higher, but BTC price and RSI just made a lower low. If price keeps heading lower, it may come back down the channel shown in the chart. The area of support is in the $15K-$16K region. RSI may be cooling down as well.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #millionaireeconomics
BTCUSD WEEKLY HOLALYSISAs of the moment WHALES does its job to induce and liquidate most of retail trader. Everything is engineered. I don't think Bitcoin will break 25k-26k zone at the moment so my over all bias still BEARISH, if so happen to break that zone it a clear change of character from downtrend to an uptrend, definitely change my bias too into BULLISH.
BTC TRAP - What goes up, must go down!Greetings Investors, Traders and of course Beez!
Today CryptoQueens have prepared an analysis regarding BTC after its recent pump. So without much talk, let's get to it!
In particular if we watch closely the chart, we can observe that price has been moving inside the descending triangle in the Daily time frame for a long period of time. Eventually, price has either to breakout to the above or breakdown. The majority of times, it tends to breakout to the upside. Hence, after bulls, pushed the price above the descending resistance line, a huge inflows of buying power flew directly into the market pushing Bitcoin even further to the point of 23,390$ breaking the previous high of 22,850$.
Since then, price has been consolidating, between previous high which acted as support and new high. This especially, indicate us that bull are still present, and that they are preparing for the next leg up. Next Resistance - Bearish Orderblock is standing at 25,000$.
In the imminent case of breaking above, we can expect to see prices such as 28,000$, filling the FVG GAP or even test the area of 31,000$ where the next Bearish Orderblock is located.
Make no mistake though, after having a quick peek at the image attached to the chart, we can observe that large positions has been liquidated even at the level of 23,300$ and liquidity from above has already been grabbed at the highlighted levels in all exchanges.
At this point we can expect high levels of FOMO to flow into the market from retailers. Don't fall for it!
IMPORTANT: When price bursts to the upside without consolidation, its considered unhealthy, as it creates no resistance/supports on its way, therefore what goes up quickly, it has to go down swiftly eventually.
Moreover, bear in mind that, reversals tend to occur, when everything indicates the opposite!
After new high has been formed and price get rejected, we highly anticipate a new low to occur!
DISCLAIMER: This analysis is not intended to encourage any buying or selling activity of any particular securities. In addition, it should not be considered as ground for taking any trade action. Hence, your own diligence is highly recommended before entering any trade.
If you liked the idea, make sure to support with a like, follow and a comment!
Best Regards, CryptoQueens.
#Bitcoin Upside Momentum Dropping, BTC Needs to Break $23.3kPast Performance of Bitcoin
Bitcoin may be on a solid uptrend, but the momentum is fizzling. Buyers remain in charge but whether gains will be as rapid as in the past ten days remains to be seen. Notably, resistance remains at $23.3k and needs to be broken for the upswing to be valid. Technically, support remains at $21.5k, and as long as prices are above this line, buyers have the upper hand.
#Bitcoin Technical Analysis
The path of least resistance is northwards. However, in the short term, BTC may crater in a welcomed retracement. The uptrend will remain valid provided prices are above $2.15k, as mentioned earlier, but also within the bull bar of January 20. It will be the case, especially should the correction be with relatively low trading volumes. This will validate buyers from volume analysis preview, allowing traders to accumulate. Conservative traders may look to exit their longs and wait for entries above $23.3k, buying on dips and targeting $25k in the short term.
What to Expect from #BTC?
Buyers are upbeat but whether the uptrend will last or pump higher with the same momentum is yet to be seen. There needs to be confirmation of January 20 gains, pushing BTC to new Q1 2023 highs.
Resistance level to watch out for: $23.3k
Support level to watch out for: $21.5k
Disclaimer: Opinions expressed are not investment advice. Do your research.