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Bitcoin Bull Market Back Or Fake Pump?BTC/3H Back to the rising broadening wedge Please Boost,Follow,Comment it MOTIVATES me to do more for real!! Yesterday we were inside a rising wedge but we Also were forming a pennant at the top of the wedge which was a sign of continuation to the upside. we exited the wedge and we went to ~24900 (Touching the top of our rising broadening wedge). there is a resistant ~25214 which it jebaited it and not reached it YET , we could legup and liquidate all the high leverage shorters or crash back down we could also go higher and touch ~28K then start forming a new range between 28k and 25k which is less likely to happen. More liquidity to the downside than upside and that is the reason why we go up with less volueme than we go down. Thanks for watching!
TVC:DXYShort
by pcmonk
#Bitcoin - thoughts out loud #9Good afternoon , dear colleagues! I am pleased to welcome everyone who wants to get acquainted with my vision of the current situation on this assets . At this stage of the situation, we see this algorithm being clearly worked out. When an asset shows a strong movement without corrections. The current situation only suggests that we need to wait for a possible corrective movement or flat movement. Dear colleagues, I sincerely thank you all for your attention and wish you success! And remember one thing: "sometimes you win , sometimes you learn ". Entry point #Btc
by WVitalievich
4
#Bitcoin - thoughts out loud #7Good afternoon , dear colleagues! I am pleased to welcome everyone who wants to get acquainted with my vision of the current situation on this assets. Why long? As we discussed in the previous opinion, we saw how the price followed the stop loss. At this stage of the situation, professional operators need to lock in profits and buy the asset at more favorable prices to continue moving up. Due to the stop losses, retail traders fill buy orders and it is possible to re-enter the position for further upward movement, because we need fuel to move further. But there is one thing: if there is not enough demand in this range and professional operators are not interested in continuing to move up, we will most likely see a depreciation of the asset. Dear colleagues, I sincerely thank you all for your attention and wish you success! And remember one thing: "sometimes you win , sometimes you learn ". #Btc
by WVitalievich
#Bitcoin - thoughts out loud #8Good afternoon, dear colleagues! I am pleased to welcome everyone who wants to get acquainted with my vision of the current situation on this assets. After yesterday's impulsive movement, I expect the price of the asset to rise further. Yesterday, we witnessed professional operators testing the strength of the buyer, which was followed by an impulse movement. Today, the area of interest is 21600 - 21700 for further upward movement. But this is not the final price, it may fall even lower, because everything I write here is my subjective opinion, as the market will settle everything by itself, because the market is always right. Dear colleagues, I sincerely thank you all for your attention and wish you success ! And remember one thing: "sometimes you win , sometimes you learn ". #Btc
by WVitalievich
2
Bitcoin just hit a massive BUY signal to $23,643Cup and Handle has formed on Bitcoin. We have finally had the break above the brim level. Now that the buyers and demand are streaming in we can expect upside. 7>21 Price >200 - Bullish RSI>70 Target 23,643 FUNDAMENTALS There seems to be a strong correlation for when the Global markets rally, Bitcoin tend to follow. I don't know if it's because they are so tied up in central businesses and with the government, but I can make some assumptions why: Increased Investor Confidence When global markets are performing well, investors tend to have more confidence in the economy and, in turn, more confidence in investing in various assets, including Bitcoin. This can lead to an increase in demand for Bitcoin, which can drive its price up. Increased Institutional Investment We also tend to see institutional investors becoming more interested in alternative investments like Bitcoin. Strengthening of the US Dollar When global markets perform well, investors may move their money into the US dollar, which can drive up its value. As Bitcoin is often traded against the US dollar, a strengthening dollar can lead to an increase in the price of Bitcoin. Similar to the gold standard, there is some effect with the Bitcoin US dollar standard. Better Economic Activity When global markets go up, it tells us that there is strong economic activtity which is picking up GDP and consumer and producer spending. This extra money that investors have will then go to investments like Bitcoin, which will help with the increase in demand and price. Trusting the big boys Last year was a confidence destroyer with crypto currencies. We had companies failing, becoming bankrupt and price heading to zero. People lost billions of dollars and now they have no idea who to trust... When it doubt, buy Bitcoin I guess. When there's trouble in the crypto market who are you gonna call?
OANDA:BTCUSDLong
by Timonrosso
#BTC/USDT Quick Update + Trade Plan.#BTC:- Moving nice and slow to our target, the green box. It's already up 4.5%, expecting our 7% Target to hit in the next 48 hours. What do you think will happen when the price reaches that resistance? I will update my next chart as per the price action. Will analyze the chart accordingly. For now, It's better not to FOMO into Alts and wait for some red (Likely this weekend). Take profits, Stay cautious. Just my 2 cents, always DYOR. Do hit the like button to support my work. Thank you #PEACE
Long
by Cryptorphic
11
Bitcoin jebaiting longs before crashBitcoin trying to jebait more longers with its new extreme before dumps on the bulls and destroys the bull hopium once in for all BTC/3H ,`still in the rising wedge` Personally looking for a possible short from ~22600 to ~22900 or around ~21800 if it bleeds there does a bearish retest Please Comment,Boost,Share. Really motivates me to do more.really does!!! With CPI numbers being out and not looking for btc exited the top of the rising wedge but failed to hold it after retest , now we are inside it again and we could easily go down to the bottom of the wedge and then break down from there after a successfull retest ~21800 We could also hit ~22900 and then go down from there which is less likely to happen due to the weakness of bitcoin Thanks for watching
BINANCE:BTCUSD.PShort
by pcmonk
#Bitcoin - thoughts out loud #6Good afternoon , dear colleagues! I am pleased to welcome everyone who wants to get acquainted with my vision of the current situation on this instrument. Today, the asset continues to show strength after the weekend, as evidenced by the formation of an uptrend with a buyer's test. For this period of time, I expect the buyer (professional operators) to regain strength and attract retail traders. The price range for the resumption of the movement is 21600 - 21700. Dear colleagues, I sincerely thank you all for your attention and wish you success ! And remember one thing: "sometimes you win , sometimes you learn ". #Btc
Long
by WVitalievich
2
BTC SHORT TERM INTRADAY IDEABTC OUTLOOK Due to bullish exhaustion at monthly resistance at 24k , i do expect BTC to have a minor retracement as we are in right now. We have CPI data to be released tmrw and my take on CPI is that we might still get high inflation due to how strong the labour market was last month. This would break down pivot prayers and would cause short term dollar strength which in turn could give us a dip across all risk assets in this case BTC. I am still bullish for a few months to come but will wait for the dip to happen before entering longs on BTC. Set buy limit orders on BTC @ 20250 19200 Take profits will be 24000
BITSTAMP:BTCUSD
by CJ_GOLDPIPS
Bitcoin -> Be Ready For The Next MoveHello Traders, welcome to this free and educational multi-timeframe technical analysis . From a weekly perspective Bitcoin just recently had a massive 50% pump towards the upside without any noticable correction. Therefore, it was quite expected that we will at least have a short term retracement, which the market is currently providing. However since we are now testing previous weekly resistance, turned support, I do expect the continuation towards the upside from here. On the daily timeframe we can see the same picture, the market is about to retest a previous daily resistance zone; I am now just waiting for a deeper retracement before I do expect the continuation towards the upside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
Long
by basictradingtv
23
Bitcoin analysis per week ( Divergence ) 📉📈Divergence is one of the well-known and widely used methods for determining price reversal areas, whether positive or negative, and thus helps to determine entry or exit areas 📉📈 Divergence can be used with momentum indicators in general like: '' MACD ''-'' RSI ''-'' Stochastic oscillator ''. We notice in the picture a difference between the price on the chart and the '' RSI '' indicator, So now the price is in a downward trend opposite the indicator that is in an upward direction, and this indicates an upcoming positivity.📉 Divergence is one of the many trading methods that we use to build an integrated strategy, and of course, we can use it in any time frame we want ✍️ ⚠ You must wait for a signal or entry sign in order to buy bitcoins.
BITSTAMP:BTCUSD
by Mr_HaMza_
2
#BTC/USDT Important Update! Read this If you are in RED now!Got almost 47 DMs today from people asking for advice, I can't do that. You were warned to take profits a few days back. You were warned to stay in the stables. Not trying. to brag here but every single chart has been dead accurate this year. Do you know why? Because I have been wrong a thousand times and I know I will be wrong in the future too but the last 5 weeks have been wild. If you are on the losing side now. Note down your mistakes. Do not repeat that again. You can't survive this game if you don't learn. No one can save you, not me not anyone else. IT'S JUST YOU AND YOU ONLY. The alpha that I provide has been unmatchable since 2019. Use it at your own convenience but listen to your instincts. Coming back to the chart the lower support levels are:- $21200, $20400, and $19800. I am personally mostly in USDT and BTC (long term). Will be laddering into Altcoins and BTC when I see some positive signs. The upcoming weekly close will be important If I was you I would look for opportunities in the market when I see divergences everywhere in important time frames. I will post those charts in Free channels above all my social media platforms. (Link in bio) Follow me to stay Updated. Stay tuned, I work hard to post these updates no matter where I am I try to deliver these on time. Do support with your likes and share it with your friends. Thank you #PEACE
BITSTAMP:BTCUSD
by Cryptorphic
12
BTC/USDT RANGE PLAY HTF #BTCHere's my idea on the current price action of BTC and possible target if it were to break either way: Downside: - If BTC fails to hold the $22500 region then I suspect the price will fall, take out the inefficiency of the pump and hit the mid-range marked out. - Possible signs of a deviation - Bulls running out of steam Upside: - If BTC can reclaim the 0.75 region then the range high is a possibility - I would be careful placing longs in this area, Keep a tight stop loss and cut soon if it breaks below
BINANCE:BTCUSD
by orcusworth