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Btc_usd

BTC: A PERFECT BOUNCE BUT IS IT ENOUGH?Welcome members to this long-awaited update on BTC. My name is Dexter and I am here with this exclusive update on BTC. First of all, if you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest at my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on them or use them to understand the market. In my previous post back on April 12, I clearly mentioned the $38k support level and the possibility that BTC could drop. Now, according to the chart, BTC dropped up to $38550 which is the exact level we have a supporting trendline. A bounce has already taken place after the drop but is it enough to rally the price back to $44k or even higher than that? To confirm whether this is the level from where BTC will bounce back, we need to consider some of the following points. 1. The 21 MA: The 21 MA in 12 hours TF has proven to be strong resistance for BTC. As you can see in the chart that how the 21 MA has been pushing the price down. A breakout above the 21 MA is a good indication of a higher rally. 2. The Lower Trendline: BTC has managed to bounce back from the support line drawn at the bottom. This is the exact trendline from where BTC has always bounced back. 3. The RSI: The RSI is making a bullish divergence in recent times. Conclusion: There is a good possibility that BTC will rally higher. We still have around 6 hours left for the daily candle to close and I am expecting a rally towards $42k to $44k soon. I have started accumulating some altcoins on the spot. My invalidation point will be $36k. If BTC goes below this level then I will exit all my trades. Until then accumulate. What do you think about the BTC price? Do let me know. Like and comment. Thank you.
COINBASE:BTCUSDLong
by Dexter_The_Trader
4
(BTC) Bearish Momentum ContinuesBitcoin is currently trading below the $39,000 mark and is still looking bearish on the lower timeframes. As soon as the price broke below the trendline support, it was a bearish indicator and the break of support at $39,600 was almost confirmed. We can also see that right now the price has found some support around the $38,800 mark. It would be interesting to see whether BTC will bounce back from here or if further sell-off is on the cards.
BITSTAMP:BTCUSDShort
by EagaPavanKumar
1
BTCUSD Short Term April 2022Trend is your friend... Alien Guru Just a text to get your attention because apparently cant say trend is your friend... not enough so here u go extra education to read below. Noobs The cryptocurrency market operates in a different way from other financial markets, which makes it vital to learn how it works, and understand the jargon used to describe it, before you start trading. The cryptocurrency market is a decentralised digital currency network, which means that it operates through a system of peer-to-peer transaction checks, rather than a central server. When cryptocurrencies are bought and sold, the transactions are added to the blockchain – a shared digital ledger which records data – through a process called ‘mining’. Cryptocurrencies are also famously volatile, which makes it important to know what is likely to move the market – this could be anything from ICOs and blockchain forks, to breaking news and government regulation.
BITSTAMP:BTCUSDShort
by UnknownUnicorn27292503
7
BTC: A RALLY HIGHER OR A FALL BACK TO $37K???Welcome members to this update on BTC. If you are viewing my post for the first time then do not forget to like and follow. I share updates on the crypto market including margin trading, futures, spot, and scalping. All ideas are my biased opinion and I invest at my own risk. I don't force anyone to buy or sell, I simply share my ideas absolutely for free and it is your sole decision whether to trade on them or use them to understand the market. After a 10% drop, BTC is trying to rally higher. It looks like BTC will rally higher but before getting to any conclusion we better watch out. The current price is $41.2k where 21 MA is holding the price. If BTC manages to cross this level then $42.5k & $44.6k will be the possible resistance level. If BTC gets rejected from here then $37.7k will be the possible support level. Things could head in any direction so be careful and keep an eye on the current market price. What do you think bout the BTC price? Do you think a rally is in or a drop is still valid? Share your views. Thank you.
COINBASE:BTCUSD
by Dexter_The_Trader
2
BTCUSDTBTCUSDT Let's talk about the market. Funding is negative, the mood in the market is panicky, we are slowly sliding into the buyer's area of ​​interest. My opinion and what do I expect from the market? At the moment I want to see the “helicopter” as well, I think that in the next 2 days the X day will come. Liquidation of everyone in the 38k zone, followed by a quick buyout and removal for 42k. What about positions? The spot portfolio is empty of altcoins, I still hold BTC from 37k. By the position that I threw you higher I would like to add a couple of words, I got two limits, I transferred the rest, I divided it into two, 38450 and 37700; The stop is soft, I will watch in the moment how the market behaves.
Long
by MMJtop
BTC/USDT 6HOUR UPDATE BY CRYPTOSANDERSHello, members welcome to BTC/USDT 6hr chart analysis by CRYPTOSANDERS. I have tried my best to bring the best possible outcome in this chart. First, hit the like button follow me and comment in the comment section because this motivates me to bring this kind of chart analysis on regular basis. CHART ANALYSIS: As we can see in the above-mentioned chart that BTC bounced right from the lower trend line or the green support zone. Here BTC can come down some more % to the lower trend line which is the strong support zone. For more such latest updates follow our channel and comment below. Thank you. This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
RISK ON vs RISK OFF 📉📉as i use this confluence to enter trades. 🎯 Risk ON vs Risk OFF market sentiment reflects all the market activity, its not a market sentiment for crypto or forex or stock market its for all the financial markets, when i use this confluence i try to understand what are institutional/retail investors are doing are they buying risk on assets or they are buying risk on assets. 🎯 Usually investors buy risk on assets when they are looking for risk meaning they want higher yield on their investment they want to MULTIPLY money(key word) this is happening during times of financial prosperity, no wars, no lockdowns, no problems around the world everyone are doing great and making money 🎯 On other side RISK OFF is when investors tend to buy financil assets that PROTECT (key word) their capital they dont want a high yield they want just to save their money and protect during time of financial stress, wars, lockdowns when everything is not clear and safe. ✅ RISK ON Assets Stock Market Crypto USOil AUD NZD CAD EUR GBP ✅ RISK OFF Assets Government Bonds JPY CHF USD GOLD SILVER
COINBASE:BTCUSDEducation
by AnonimFXRO
BTCUSD don't BUY yet!Hi fellow traders, I've been posting many charts on BTCUSD lately because we are getting closer and closer to the point where we will see Bitcoin rise once again. It is important to look at the bigger picture now on the weekly. I believe this is a large corrective structure in the shape of an expanding flat pattern. Thus we will break de previous bottom at 28k and we should see a sharp rise from anywhere within the blue box. I will keep updating the BTCUSD chart on smaller TF's. For now, stay patient guys. Goodluck!
COINBASE:BTCUSD
by OGwavetrader
2
BITCOIN LONGS 📉📉📉📉 Expecting bullish price action on BITCOIN after price takes out sell side liquidity in form of asian lows that was made on 9 april, price closed bullish above 42.000$ institutional figure. The reason i am very bullish right now on BTC as i dont think we will see a move lower with some many bearish imbalances aka price inefficiencies left behind. I think price will rise to close them and THEN WE CAN go to the downside. STOCKS should go up imo at the start of the week and as we have positive correlation it should push BTC up as well. FEAR/GREED Index says we are in a FEAR now meaning there is a good buying opportunity What do you think ? Comment below..
COINBASE:BTCUSDLong
by AnonimFXRO
2