Bitcoin Might Have Bottomed Already
Observing sentiment on social media has tought me one thing: Almost everyone is bearish on the cryptomarket, and almost everyone thinks we should go down.
Now, I am not dismissing the possibilty that the price could/should go lower, but I also think that timing the market is not worth it anymore.
Historically speaking, we're at the point where a bottom is in, or a where bottom is near.
Btclong
BTC ANALYSIS#BTC UPDATE.
#BTC is still facing the red box area as the huge resistance so there is nothing changed since last day but the Bearish RSI is indicating some bear move ahed until btc closes above the red box area with confirmation.
BTC/USDT 2HOUR UPDATEHello and welcome to this BTC /USDT chart update by Crypto Sanders.
I have tried to bring the best possible result in this chart.
Chart Analysis:- The price is still consolidating in a handle. The wicks are showing uncertainty between bulls and bears in between the local support and horizontal resistance.
Here we've to sit tight for a successful breakout of the horizontal resistance, which will confirm an upward direction in it.
As BTC is trading level by level, if it effectively breakdown the local support, then a range play is expected between the mid-range and local support.
This is not a piece of financial advice.
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BITCOIN: $18K POSSIBLE.Hello guys, welcome to this BTC update in 6 hours timeframe.
For the last couple of weeks, BTC has remained less volatile and has moved sideways with 3%-4% of ups & downs. Currently, BTC is in the blue box area and it is an important one because if we see a breakout above the blue zone then $18k is expected. For support, we already have the lower support line at $16.6k.
So, BTC has been hovering in this price range for quite some time, and looks like we have reached a point where a breakthrough is a must.
Key points:
1. Expected target: $18k.
2. Invalidation point: Close below $16.6k.
3. Confirmation: Breakout above the blue box.
Thank you for reading.
Stay healthy and trade safely.
BTC SCALP LONGI'm currently looking at BTC and I see a bullish conversion coming in soon even though I am currently in a ETH short. The same thing is bound to happen that happened to me in ETH, missed the orderblock entry by a few cents. I'm looking for a long through a minor breaker block in the shorter TF.
IM GOING IN AT 100x LEVERAGE
ENTRY: 16814.23
STOP LOSS 16712.49
TP1: 16979 SET SL TO ENTRY SELL 50%
TP2: 17372.70
BTC/USDT 4HOUR UPDATEHello and welcome to this BTC /USDT chart update by Crypto Sanders.
I have tried to bring the best possible result in this chart.
Chart Analysis:- BTC bounced from the local support after a successful retest but got rejected after hunting stops above horizontal resistance and MA 200.
It has also formed a cup and handle pattern, which is technically a bullish pattern. Currently, the price is consolidating in a shape of a handle.
A solid breakout of the horizontal resistance would be a bullish continuation sign in it, and the invalidation of the handle is a breakdown of the local support with a retest below it.
This is not a piece of financial advice.
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Thank you
BTC/USD 30MIN BREAKDOWNGreetings dear traders on my first analysis of the new year! Today we look directly at Bitcoin on the 30 minute chart, from a daily perspective I see a lot of liquidity at the level between $16520 to $16600 where the whales could take a short term swing long and appreciate a little over 3%
BTC/USDT 1HOUR UPDATE:-Hello, welcome to this BTC /USDT chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-hello traders welcome to btc 1hr update btc is trading inside the parallel channel if btc downside breakdown the parallel channel we can still see btc $16600 to $16400 today and if btc breakouts the parallel channel today we can see a new high in btc stay connected with us for such updates
thank you.
This is not a piece of financial advice.
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BITCOIN: A PUMP TOWARDS $17K.Hey guys, here's a quick update on BTC in 3 hours timeframe.
BTC has been struggling to break through the 21 MA resistance level. The good thing is that BTC is still above the support level and until and unless BTC stays above it, we can expect a jump toward the $17k.
So, I am aiming for $17k in the short term. The invalidation point will be a candle close below the support line. What do you think?
BTC/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this BTC /USD 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:- Bitcoin (BTC) edged closer to the $17,000 level on Tuesday, as traders turned their attention to Wednesday’s FOMC minutes report.
BTC/USD hit a high of $16,760.45 earlier in today’s session, which comes less than 24 hours after trading at a low of $16,666.92.
Today’s activity saw bitcoin near a breakout of a long-term resistance level of $16,800, as market volatility remains high following the New Year’s celebration.
As can be seen from the chart, Tuesday’s move comes as the 14-day relative strength index (RSI) approached a resistance level of its own.
Currently, the index is tracking at 47.18, which is marginally below its point of resistance at the 48.00 mark.
This ceiling seems to be the main hurdle stopping price from extending gains and moving above the $17,000 zone.
This is not a piece of financial advice.
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BTC/USDT 4HOUR UPDATEHello, welcome to this BTC /USDT chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-BitcoinBitcoin continues the sideways movement. The market is loading for a big impulsive move. The trading range major support is the $15,000-$15,500 area and major resistance is the $17,800-$18,500 area. Plan your trades accordingly.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Bitcoin Deep analysis Lets analyz deeply
In Bigger Picture we can Clearly See Btc consolidating In Descending Broadening Wedge (Its bulish Pattern)
And if we look Closer Then we Have Descending Channel Too For bulish momentum Btc Needs to clear descending Channel,s Resistance (18800 to 19200)
Then we Have Another Resistance Is In Between (20800 to 21300) Area Once Btc Cleared Trendline Resistance Then Expecting Bulish rally Iat Least For Midterm
(Expecting Move towards 45k)
Keep In Mind Btc will Remain in downtrend Until descending Broadening Wedge,s breakout
In These analysis Ii discussed Technical Outlook according Price action)
BTC in 2023Happy new year to Y'all
i am updating my BTC analysis right now we almost done with WAVEE Z which is last wave in A before getting B and it is up to 48K nut my first target will ne 31000 ( will keep you updated once we reach it )
so for short time I think we going to break 15800 and might visit 14-13K as a reversal area
peace :)
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC /USDT chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Bitcoin bounced from the trendline support. The channel is working fine and the trading range continues. There is no volume in the market. The market is giving time to enjoy the new year's eve party. Let's see what the new year brings for crypto.
This is not a piece of financial advice.
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BTC ready to either Pump or Dumpaccording to the chart, BTC is on the ascending trend line in 4H time frame. If BTC break the green area (order Blok) it can goes up and reach our targets. But if its brake down the trend line our Sell position will active, and we can reach our sell targets.
on the other hand, we have ascending Fibonacci channel support and resistance. Pay attention to those area.
be aware: this is not a financial advice. opening any position is on your own risk.
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC /USDT chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-BTC is holding above the ascending trendline support on 8h TF. RSI is in the oversold region and also holding above the trendline support.
The volume is low here and for the confirmation of bullish momentum back in the market, bulls need a solid breakout of the horizontal resistance, where MA100 and 50% retracement level are also acting as resistance.
A sustained breakdown of the ascending trendline support would confirm a downward move toward the horizontal support from where we could expect a bounce back in the market.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
BTC - LongStrong HTF support on BTC. It’s taken stop up and down and if its got to up, its probably from here or we go short.
I’m looking for one more bear market rally before anything else, so lets see if this plays out. Decent RR, good consolidation. I don’t really see the strength in this signal, but I have a clear region where I’ll be wrong so my risk is define and accepted.
Confluence with AUD, NZD in an uptrend.