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Btclong

BTCUSDBeen MIA, but this isn't what I think will happen this is going to happen. Price discovery at these level plus the unknowns of the ETF momentum, I conservatively would say 77k, 80k isn't off the table but price discovery and the sell pressure on historical new aths is tricky with extremely liquid and volatile price action. So 77k is were we are looking at the moment. There is a potential for a 68k wick on the downside (obviously), I would say it has less than a 5% chance of a retrace to those levels. However based on the test shows a lot of strength and a lot of room to move toward the upside. That's it see you on the other side.
BITSTAMP:BTCUSDLong
by kewlkat
The whole market looks bullishBitcoin has a insane large descending triangle or wedge which already broke out from the upside and will have a bullish continuation until end of the year most likely. S&P, Dow, Nasdaq have all a large descendinge broadening wedge which is ultimately bullish. Momentum is being built up and we can foresee a sudden but steady rise as well. Gold has been hammering on the 2000 usd/ounce resistance for the 3th time, but might have a break out as well.. though it could have an averse effect if the stockmarket and cryptomarket turns bullish. Nothing more to say. Place your bets.
BITSTAMP:BTCUSDLong
by Wolverinos
When will bitcoin correction start?( I mentioned the time analysis in the last paragraph ) very important In the previous time analysis, one day correction was correctly recognized and most of the altcoins had a sharp drop of 20-30%, but the support was well done and the entire drop turned into a shadow to prevent the market from bleeding. Due to the extreme greed in the market, the analysis of Dominance Tether and Dominance Bitcoin, we reached the most sensitive days of the last year of the bull market. Currently, Bitcoin is in a triangle pattern in the one-hour time frame, which occurs in case of a break from the ceiling, a purple movement type, otherwise, a blue or green roadmap. Regarding time analysis, I think that tuesday march 12th (bold dashed white line)) is the most important day for some time when we have the possibility of the end of the bull run market cycle and going into a period of very strong bearish before the halving. It was like a weather forecast 😂 I will be happy to write your opinion in the comments. be careful
Short
by Sadegh_Sh
1
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 1-day update. A deep dive into the daily chart underscores Bitcoin’s sustained bullish trend, showcasing the prevailing dominance of buyers. Recent price movements reflect robust confidence among market participants, propelling the cryptocurrency past numerous critical and psychological resistance levels. Notably, heightened buying pressure and strong bullish momentum have propelled the price above the upper boundary of the multi-month ascending channel, previously a formidable barrier to bullish advances. This breakthrough triggered a short-squeeze event, activating a cascade of buy-stop orders. Consequently, should a pullback occur towards the breached trendline, the price is anticipated to extend its bullish momentum, targeting the significant $58K resistance zone. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
BTC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 1-day update. the price has rallied towards the 52K resistance level after a rebound from 40K earlier in January. While the market is testing the 52K level, the Relative Strength Index is demonstrating a clear overbought signal. This could point to a potential consolidation or correction in the coming weeks. Yet, the 47,500 level can provide support and prevent a deep drop. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
Bitcoin is exhibiting a bullish trendBitcoin is exhibiting a bullish trend within a rising wedge pattern. The price has been consistently making higher lows, following the lower boundary of the wedge. The rising wedge is often considered a bearish pattern in traditional technical analysis; however, in the context of a strong uptrend, it can also indicate a continuation. Price is approaching the 0.618 Fibonacci retracement level, suggesting this could be a significant resistance area. A break above this level could lead to a test of the 0.786 level. Conversely, if the price fails to break through the 0.618 level, it could retrace towards the lower boundary of the wedge. RSI is just below the overbought territory, which could allow for further upward movement before the asset is considered overbought. The MACD is in the positive region but shows signs of convergence, which could indicate a loss of bullish momentum. Volume indicates higher volume at lower prices, suggesting that there has been substantial buying interest on dips. The current volume above the price suggests lower trading activity, which might indicate less resistance to upward price movement. Overall, the market structure is bullish, but approaching a critical resistance level. Monitoring the reaction of the price at the 0.618 Fibonacci level and the upper boundary of the wedge will be crucial for understanding the potential future price movement. A breakout above the wedge could signify a continuation of the bullish trend, while a reversal at the resistance could see the price retrace within the wedge pattern.
INDEX:BTCUSDLong
by CryptoDiabloo
2
Market structure Shift? OR Fakeout?!It seems like we MAY have have seen a market shift “signal” in #BTC with the W formation with a HL AND ON TO ITS SECOND “wave” If we break this zone to the topside I will look for longs. If we break to the downside it’s possible we’re seeing the second wave down in our identified bearish trend (short term) and validates our current short positions. The 50 EMA is going to be a good point of interest for me to decide to close my shorts and protect profits. Only Until we see some more confluence for a probable trade, I don’t like to “gamble” Always protect your profits fam I’m currently still in short positions
Short
by Captl_G
Why 48000 is a an easy target for Bitcoin ?With the bullish momentum and currently trading at the strong support bitcoin is aiming for 48K. 48,000 is an easy target for Bitcoin without any major resistance between current price 38K and 48K ------------------------- VectorAlog Trade Details ------------------------- Entry Price: 38000 StopLoss: 34000 ------------------------------------------------------------------------------ Target is 48000, Move StopLoss to breakeven when Bitcoin price hits 41,000 ------------------------------------------------------------------------------ Regards
Long
by VectorAlgo
1
Degrees of BTC Know Your EnvironmentWhile crypto is an emerging technology sector as a whole, it is important to remember that BTC is a maturing 13-year-old asset. Using a logarithmic chart of Bitcoin going back to the beginning, it is not hard to see the perfect curvature of price action as it searches for its fair market value. Simple line tool measurements of the time vs. price increase of each bitcoin bull run show a stunning relationship of exactly 15 degrees of momentum loss from each exact bottom to the next exact high. This is a monthly Bitcoin all-time history bar chart. Using the line tool and magnet, simply draw a line from each low to the next high. Use the line tool options to display the stats on-screen with the angle. If you zoom in or out, the angles will change degrees but will always remain near exactly 15 degrees apart. We have adjusted this chart for the first bull run angle to 75% to make it easy to see the successive 15-degree change each run. Thankfully in this sequence there is one more 15 degree increment left meaning another run is most likely under way already. Looking at the logrithmic progression of the lows marked on the chart by the perfect red curve it would not be out of line to come down and tap it but breaking below it will happen some day and probably spell very bad news.
CRYPTO:BTCUSD
by Degen-Dynasty
2