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Where will the range of Bitcoin going?Hello, dear traders, I hope you are well Note: The situation is very complicated and the analysis error places are high. Please be careful of your position. We are in a part of the market that we must have a deep and specialized look at. We have range for a long time and the number of price action scenarios and wave counting is high. I think we are in a double correction where the first part is a diametric and the second part is an ABC, and wave B of this ABC has become a diametric and we are in wave d. Comment if you have an opinion. Thank You
by behdark
2
BITCOIN SHOWS BULLISH SIGNALS !Hi lads. In my previous analysis i talked about bitcoin mid term bullish scenario and said 19.3k - 19.8k is a very important support area. Untill now, we have seen strength in bitcoin and we saw buyers were active at 19.3-197k area. Also, SPX500 showed some strong come backs in last hours before the markets get closed. And with strong probability, SPX500 might start the new week with some bullish moves too. With that being said, We can expect bitcoin would go and touch higher levels in the coming week. Another important reason that i think btc will pump other than technical analysis and indicators, is that a lot of people and retail traders are short and bearish on bitcoin. This is where whales and market makers will go against the peoples wishes. Also,targets for bullish move are shown in the chart and you can see everything in the chart. Dont forget to like my idea and also follow me cuz it helps me a lot :) Cheers.
by Mihan_Crypto
1
BITCOIN CORRECTION IS ON THE WAY !!!Hi lads. hope you guys are having a great time. So, as you can see, btc had a massive pump last day. pumped from 19.2k levels up to 21.6k. I predicted the pump in my previous analysis and i was right about it. But what about now ? i think btc will face a minor correction. this correction could happen from two possible levels. level 1 : 21.6k level 2 : 22.1k BTC can start a correction from one of the areas mentioned above. also i think btc can dump down to 20.5k levels. 20.5k level is a crucial levels for bulls to hold. Any strong buy volume from that area, will lead btc above 23k with in a few waves. Overall, i am bullish on bitcoin. i think bitcoin will go above 25k soon. but first multiple corrections must happen. I will post updates on btc. Dont forget to follow me and also dont forget to like my idea. i would help me a lot. cheers :)
by Mihan_Crypto
BTC UPDATE 3#BTC UPDATE 3 : In 4H TF smaller Time Frame broadening wedge and breakout going and according to this broadening wedge our target is 22000 to 22400. But we have to be very careful because 21300 to 21700 we have bearish order block + daily resistance. Undoubtedly this is bullish move, but we need to be mindful that we have a bearish order block + daily level located around 21300 - 21700 area. if we flip this into support than could see further price action in Bitcoin otherwise if we failed to flip could gravitated downward direction.
FTX:BTCUSDShort
by theprofitstation
1
BTC started the bullish move as i expected !!Hi lads. how are you guys doing ? So, as you can see, btc pumped above 20k levels after we touched 18.5k level. In my last analysis i predicted a crash to 19.3 - 19k levels and we saw that price lowered to those area as well. Now im expecting the continuation of the current upward move. there will be some corrections to the downside on the way as usual but the whole scenario is bullish. i think btc will reach these levels : 22k - 24k - 27k. I think btc will see those targets before any lower low happens. i think the lower low (LL) would be around 13k and 15k. dont forget to like my analysis cuz i will help me a lot :) love you all :)
by Mihan_Crypto
2
BITCOIN BULLISH MOVE IS ON THE WAY !!Hi lads. hope you're doing great. So, as we can see, bitcoin is moving in a mid-term ascending channel is being supported by huge buy orders over the last week. Also, majority of the market is bearish atm. I am expecting that bullish moves and waves will start soon. On the other hand, i think btc will go above 26k levels first, before any new lower low happens. i expect a new lower low around 14k or 15k area in mid fall 2022. Good luck :)
by Mihan_Crypto
10
Bitcoin short term analysis !!!Hi lads. hope you're doing well. So as you can see btc is still struggling at the bottom of the channel. Data shows that majority of the players are bearish at the moment. In genearl, i think btc will go up from the current 19.5k levels. Also btc can touch 19.3k area before the jump just to trigger as many long positions stop loss as possible. ideal area to buy btc or open long : 19.3k - 19.6k range Also, dont use high leverage in your longs since the possibility of fake down legs are high atm. i recommend max 5 to 8 leverage. Good luck and have a good one :)
Long
by Mihan_Crypto
2
Bitcoin in rising channel, downside potential to 21.3k - 21.7kWe're in a rising channel and have been for some time. It looks like everytime we touch or approach the top of the channel, we bounce down off it for about 7 days, hit the bottom of the channel and then in about 5-6 days reach the top of the channel again and repeat. Eventually this channel breaks to the downside or upside as they always do. Scenario 1 marked in blue, we've potentially hit the top of that channel. Scenario 2 in red, we have a few days more to go with a little bit more upside, perhaps 25k. My opinion is that we break this channel soon and more likely to the downside due mainly to the macro-economic environment we're in. It will take people a while to realize just how much their purchasing and borrowing power has went down.
BITSTAMP:BTCUSDShort
by kievanrusbazaar
2
BTC/USDTIn the previous educational post, I posted about Rising Wedge patterns and in this post, I have explained Falling Wedge Patterns. ( Falling Wedge is the opposite of Rising Wedge pattern; for every chart pattern there are opposite patterns excluding some.) Falling Wedges are Bullish Patterns and it generates a bullish signal, Falling wedge patterns forms with Lower highs and lower lows. The Falling Wedge pattern forms in two shapes same as the Rising Wedge; If the Falling wedge pattern forms in an uptrend it will make a continuation and if the Falling wedge pattern forms in a downtrend it will make a reversal. The Lower highs and the lower lows along make a trend resistance and trend support. When a breakout occurs upside, the price breaks the trend resistance line. In a Falling wedge, a breakout occurs upside 60 to 70% of the time. To confirm a true breakout, we can take the help of Volume and other indicators. In a true breakout, there will be big volume than usual.
BITSTAMP:BTCUSDLong
by majidalisabir
2
BTC/USDTRight-Angled Broadening Wedges come in two varieties, ascending and descending. They consist of a horizontal trend line and a sloping trendline. The Ascending Right-Angled Broadening Wedges (ARABW) have an ascending trendline above the horizontal trendline with price action in between. The Descending Right-Angled Broadening Wedges (DRABW) have a descending trendline below the horizontal trend line with price action in between. With both versions, the price broadens over time. Prices should be seen to touch both trendlines twice. Two touches to form the horizontal trendline and two touches to form the sloping trendline. Breakouts from these two patterns often follow a partial rise or a partial decline.
Short
by majidalisabir
Bitcoin 10days Cheat sheethey everyone hope you all are doing good . i am using oscillator this time to find bottom and and i believe we have already made bottom and we could wait until july-august for another final bottom before making new highs . you can see the bottom was found around -14, -18 , -10 , -21 & -15 but final bottom i expect to be near -25 after it we will see new highs but until then i have made a cheat sheet of btc price action which can help you all for intraday levels as we going to consolidate until july. Good luck
COINBASE:BTCUSD
by FxSniper_
Bitcoin Daily Chart Update Hi Traders, Here's my view for Bitcoin in the next few days; if we don't break the Red Box with a Daily close above 46k, I think we will have a new Bottom at one of the mentioned area in the chart! $31k ~ $28k. This scenario will fail once we close daily above $46k. Entry would be at the mentioned levels, or after a Daily close above 46k! NFA, DYOR, and Good luck everyone. Let me know what do you think in the comments! smash that like button if you like the Idea!
by ScalperDotCom