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BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) started the week in consolidation as the market remains hopeful of a deal to raise the debt ceiling in the United States. BTC/USD fell to a one-day low of 26,549.73, less than 24 hours after hitting a high of 26,986.08. Monday's move is the third day in a row that BTC has traded below the 27,000 mark. From the charts, it appears that BTC has now found a solid floor at 26,300, with the price hovering slightly above that point. To make a significant move, it needs to break the upper limit of 44.00 on the Relative Strength Index (RSI) or the support at 39.00. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
#BITCOIN to $30,000 SOON!Holaa!! I am back after getting few quieres of how will BTC perform or really is it going to go to 30K again? I guess it is going to happen but is going to squeeze your patience out like a lemon haha. AS Earlier i had made the chart and i have found out the same and as i always say charts follow historic patterns. As i have tried to illustrate it here, a similar thing is happening here just to test your patience, or may be too much to liquidate your positions! As you can see, here the double tops and bottoms illustration are clear, Below where it happened is on the same SMA as it is acting now, rest cause it might test $25,500 to shoveoff some positions but might is your mind if you hold these! I would be glad if you need any charts, i would love to analyze it for you!
Long
by MastaCrypta
BTCUSD Rdy for 44K PUMP🧨🧨🧨In the analysis done for you friends, the trend of Bitcoin will be upward in general, but it must complete wave 4, and from the point of view of Smart Money, it should see $24,920, then continue its upward trend, and wave 5 can give good profits to its shareholders. . After hitting the 24,920 range with a strong trend, we will move to the 32,376 range. After breaking this range, the last target for 2023 is $42,979 to $44,000. So if you are considering selling, I have announced the best range to exit.
BITSTAMP:BTCUSDLong
by ManochehrAzar
5
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN update by CRYPTO SANDERS. CHART ANALYSIS:- After a low of 26,600.14, BTC/USD rose to a high of 27,465.93 earlier in the day. Following the recent breakout, this move saw Bitcoin once again climb above the key 27,300 resistance. the uptrend also extended further with the 14-day Relative Strength Index (RSI) above the 42.00 range. price strength is tracking at 44.58, and moving closer to the higher resistance area of 49.00. If the bulls lead the index toward this point, there is a high probability that BTC will reach 28,000. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
BITCOIN/USDT UPDATE !!Hello, welcome to this BITCOIN update by CRYPTO SANDERS. CHART ANALYSIS:- consolidated in today’s session, as markets were preparing for the release of the latest U.S. retail sales figures. As inflation falls, sales for April are expected to rise by 0.8%, following two consecutive months of declines. Following an earlier high of 27,646.35, BTC/USD slipped to an intraday low of 26,878.95 on Tuesday. Price has since rebounded, bitcoin is trading at 27,040.23. A failed breakout of the 42.00 mark on the relative strength index (RSI) appears to have played a pivotal role in today’s decline. tracking at 41.06, with a floor at 38.00 a potential target, should momentum continue to depreciate. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
Bitcoin Price Analysis for MayHello, welcome to this BITCOIN update by CRYPTO SANDERS. CHART ANALYSIS:- Current Market Status At the halfway point of May, bitcoin has fallen to a two-month low, as market sentiment shifted bearish, following April’s strong gains. With several key data points all being released in a short window, it was somewhat expected that price uncertainty would be present. The Fed increased interest rates by 25 basis points, days after non-farm payrolls rose to 253,000, versus expectations of 180,000. Since then, inflation fell to 4.9% in April, with many still uncertain as to what the Federal Reserve will do during June’s meeting. May Outlook Bitcoin (BTC) fell to a low of 25,810 last Friday, which came after a breakout occurred at a key price floor of 26,500. This move saw the world’s largest cryptocurrency plunge to its weakest point since March 17, when the price was below $25,000. Since then, BTC has somewhat rebounded, climbing to a peak of 27,527.51 earlier in today’s session. From the chart, one of the catalysts for this move was the 14-day relative strength index (RSI), which rose above a ceiling of 42.00. The index is now tracking at 44.66, with Bitcoin reentering its own support point at 27,500, with bulls seemingly targeting 28,000 in the near term. A big test will be what happens when the RSI reaches a ceiling at 48.00, should it move beyond this, not only will BTC be above 28,000, but, there is a good chance that it could hit 30,000 before the month’s end. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) jumped back above the 27,000 level to start the week, as sentiment showed glimpses of shifting after last week’s bear run. Following a low of 26,762.25 on Sunday, BTC/USD raced to an intraday peak of 27,521.62 earlier in today’s session. The move saw the world’s largest cryptocurrency continue to move away from a floor of 26,500, and a recent two-month low. Monday’s rise in price sees Bitcoin move higher for a second straight day, breaking out of a ceiling on the relative strength index (RSI) in the process. price strength is now tracking at 43.66, which is marginally above the aforementioned resistance at 43.00. Bulls will now likely be looking to reenter the 28,000 level, which was last hit this past Thursday. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
$BTC likely to Move Up.With all my efforts i am back here to post a chart to you people, and as i love to trade in cryptos, so here is an idea for you, for the moment! As we say or as I say, Chart repeat its pattern and hence the same is likely going to happen here as well. As long as i have been looking onto BTC, they respect moving averages a lot, more than anything. As the lines are drawn and an abbreviation is done on that part where the market took a resistance on the 200SMA and bounced back. A similar incidence is yet to happen here but with a small twist. Usually hammers after a big downtrend is respected. A buys from the current level of $26641 is much to a good buy with stops of $25729. $28436 can be achieved easily and there the precedence of 0.382 Fibo retracement is also done. Wishing you people good luck!
Long
by MastaCrypta
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) moved away from a recent two-month low on Saturday, as bulls opted to buy the recent dip. After falling to a low of 25,878.43 on Friday, BTC/USD rose to an intraday high of 26,989.07 earlier in the day. Today’s rebound sees bitcoin jump back above a key support point at 26,500, following Friday’s breakout. From the chart, it appears that this took place as the 14-day relative strength index (RSI) found a floor of its own at 36.00. price strength is tracking at 37.99, with a ceiling of 43.00 as a possible target. Should bulls lead the charge to this point, it is likely that Bitcoin will be back above the 27,000 level this weekend. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
BTC/USD 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin (BTC) dropped below the 27,000 level in today’s session, pushing prices to a seven-week low. Following a high of 27,589.92 on Thursday, BTC/USD slipped to an intraday bottom at 26,166.87. As a result of this drop, bitcoin fell to its lowest level since March 17, when the price was below the 25,000 mark. Overall, this latest sell-off coincided with the 14-day relative strength index (RSI) breaking out of yesterday’s floor of 43.00. price strength is tracking at 35.07, which is its lowest point in over two months. Should momentum continue in this current trajectory, there is a possibility that BTC could move toward 25,000 this weekend. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
3
BTC unbeatable bullish chart patterns Hi dear community members and my loyal followers. I hope you are fine. I would like to bring your attention to this macro analysis with innumerable and beautiful bullish chart patterns. As you remember 6-8 months ago when BTC bottomed at 17.5K/a real bottom/ in June 2022 and 15.5K/spring/ in November 2022 with double bottom I publish a lot analyses and told you BTC bottomed and we are going to 28-30K. Back that time I published weekly Megaphone bullish chart pattern with 85K target/link below this analyis/, also I posted weekly falling wedge chart pattern with targets as well. Today I want to add 3 more chart patterns to those 2. BTC fromed daily bullish megaphone chart pattern, Inverse Head and shoulder chart pattern and reverse descending chart pattern. I'm bullish on BTC in 2023-2024 and expect min 48-52K in 2023 maybe 60-62K. BTW if you check all my previous analyses you we'll see how I nailed all major moves from 15.5K till now. If you ckeck my previous analyses you will understand besides these chart patterns what are other factors that make me think so and stay bullish. For short term as I posted in my previous analyses I don't expect BTC to drop below 25K, that is my worst case scenario, I even think BTC bottomed at 26.6K maybe could drop to 26K with wick taking out liquidity below 26.5K. I expect BTC to pump to 35-37K zone and fill weekly FVG. Below this analysis I will post targets for the above mentioned chart patterns. If you like my analyses don't forget to like, retweet, comment, follow me for further updates. I will appreciate any single like, comment and follow. Have a good day, I wish you good trades and huge profits.
BITSTAMP:BTCUSDLong
by ergal91
1
BTC/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this BITCOIN /USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin continued to consolidate on Wednesday as markets awaited the latest inflation report from the United States. After hitting a high of 27,824.39 on Tuesday, BTC/USD fell to a low of 27,375.60 earlier in today's session. Today's move pushed Bitcoin closer to the key 27,300 support point, although the price bounced back again. Overall, it appears that the previous decline was followed by a breakout in the Relative Strength Index (RSI). Price strength moved below a floor at 43.00 with the index tracking at 42.63 at Bitcoin is now trading at $27,430.96. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563