bitcoincharts

Bitcoin took a little bit of time to consolidate after the huge rally. The bulls are gathering enough energy to take the price higher again. The size of the next breakout could equal the size of the earlier move, which would take us around $3373. Hold on to your seats, rocket launch incoming.

Price has rebound with bearish trend.

Potential upside may not be dying so soon.

Last week I said that BITCOIN was going to fall and it did, based on the signals I was seeing with candle formations on the daily and 4hr charts. As I expected it broke the inner trend line, and I expect it to continue to fall until it hits around the 1355 mark, at which point it will hit a support level missed on the weekly chart, and then the next rally will ...

Hi guys ,, i think the reaction of bubbly is beak down ... i hope you did sell all of your BTC and from now we going to buy all in for more big jump or slowly go up each month ,, so scenario A i don't think gone happen ... I think we should we some more break down a little bit then goes to straight up.. so scenario B is more normal now.. but scenario I, i also it ...

Uncertainty + profit taking

I use a method of analysis using the Fibonacci re-tracement where I market out the lowest low to the next highest high (for an up trend), which then becomes the FIB range to work within (A - B) . In order for this FIB range (A - B) to be valid, we need to have the highs of two candles lower on either side of the highest high. Depending on where the market falls to ...

Wedge formation indicates trend reversal forming, with the short term bearish divergence supporting this analysis. Longer term trend will continue once correction ends, which should be around 1530-1550 if it ends at first line of support as the fib retracement illustrates.

As usual, beware downward breakout, especially considering the news and the ethereum stelaing the hype lol, but bitcoin will always remain bitcoin, should have a place in a trading portfolio. The double bottom is pretty nice, I think it just want to confirm the 1000 cap, as for the target, once again how long can you wait before closing position, if you can wait ...

The green prognosis I have on March 1 marked The blue line shows the persimistic outlook on the future of bitcoin . The Yellow line shows a slightly more realistic version for the future of bitcoin . Here you can see, why i think so. https://www.tradingview.com/chart/BTCUSD/5ibOwGdi-Long-Time-Idea/

I expect the price to float above 1200 as we wait for SEC to announce the ETF outcome this Friday. This is a good opportunity for a very short-term long. Be on your toes at all times. Good luck trading!

Please do not trade this without your own TA. I hope that this can help with target pricing :> Forecast is made using simple S/R and measures. I have yet to explore the possible downside of this , so I will confess that this is very bias.

Looking at one year regression trend for Bitcoin, it's very clear within range and will continue to USD 1100 - 1200 (and possible break ATH) within the next two months. Strong buy signal, going LONG.

Waiting for a breakout, & continue heading north for this winter would be the idea, if no breakout, further retracements might occur due to profit taking, but the consensus is definitely being long, at least for long term.

For you to do anything right.

The last impulse complete the structure. Short position is the best strategy for the next 3 months. The first objective is 750/730 for the wave A Later a corrective wave back the price over the 800 dollars, the objective of the B wave is approximately 850 but first need see completly "A" for a better opinion. The finally objetctive of "C" Wave is arround of 650 ...

Weekly Candles have stopped making big wicks, we are up for a correction ? Jurik's RSI (smooth rsi) also shows overbought levels and after every bull phase, btc has correction so i guess we are going to go sideways and then a dump maybe and then form support and hit 6000 levels.

OK GUYS, GALS AND PALS. BITCOIN PROBABLY MAY MAKE SOME NEW HIGH BUT VERY LIMITED AS THE RED RESISTANCE LINE IS IN PLAY. BUT ALSO HAS SOME GOOD UPSIDE POTENTIAL. PROBABLY IN A ZONE TO BUY FOR SHORT TEMR HOLD AND SELL IT DEPENDING ON SITUATION PROBABLY LAT OF THIS YEAR OR EALY NEXT YEAR AND GO FOR SHORT SIDE ONCE THEY BREAK THE 1ST GREEN SUPPORT LINE AND SHOWS ...