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Which Way BTC ⁉️BTCUSDT | Weekly: One major lesson this week is looking at Bitcoin bigger picture. See what the macro charts are saying, they give clearer path, and predict possible drops or rise. The recent drop was clearly inevitable based on these macro data. Before we see another ATH for bitcoin is estimative 21-24 Weeks out. 5 - 6 Months out. That is definitely Year 2022!! ANALYSIS: ** Golden pocket bounced nicely in last drop ** Confluence at these area with weeks-long old support ** Short-time move upward was rejected at the "mild resistance" //MA 20 confluence ** Bitcoin is expected to continue consolidation in the current range Worst Case Scenario: ***** Because Bitcoin is a play tool for the whales, I do make allowance for exceptions ** If GP , current Support is broken by any means, Fib .786 is the ultimate reversal point. This is at $37k BTC . It will be reasonable to trade smaller TFs this period for day traders . HODLers will have to wait long time for another ATH. Follow 🚶 @CryptonKidd for unbiased analysis and insights on Altcoins. Check linked analysis on former analysis where I warned of this crash danger:
by CryptonKidd
Btc chart close to whalesIf btc cant hold this support then our important support is 42700 to 41900... This is very important support... And in this chart i see two patterns both is in weekly time fram... Both are very BULLISH patterns one is bull flag and second is sematrical triangle... But for now very important to hold 4300 to 4400 area if this area is broken then last important area for us is 42700. To 41900... Don't do any big long for now...see price action on that area how it's going...after that take long with full risk management... And also Do your own research...
by cryptopointpkk
Bearish pennant to ~42k? (4 hour view)Hello all!👋😁 Thanks for joining here today🌞🌆, as we climb into 🏂this technical approach analysis 🎯🎯🎯NOTE🎯🎯🎯 Likely to continue to bounce around and contract tighter before we see impulse wave↗↘🌊 This is just my current view , simply explained.🆗👍👀 BTC has made us huge gains 💪💲 in the past couple weeks as we soared🐱‍🏍 to ~52k.5️⃣2️⃣ Now we seem to be creating a bearish pennan t🐻▶ (could turn bull🐮 but I am leaning towards bearish🐻)🆗 We started to dump, and if we continue this dump (very possible😀,) I would expect to see us hit 30 percent fib retracement of our most recent impulse move that lead us to 52k. (See yellow 🟨 line ➖ on chart📈) If we can do as mentioned above, we can also make room for more highs in the near future.😄👌📌 I am expecting a dump and pump situation.⏰↘😨↗😍 Other situation (Daily view) Bullish cross! 50 and 200 day MA.. We will either get rejected from this cross or it will cross bullish and we continue up. This is a critical moment. Always remember🕵️‍♀️ 🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs, major trend-lines etc. I always recommend looking at multiple charts when making a big investment, thank you! Always have a stop loss ✋🛑💲 set Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome. Thank you so much Jazerbay I would love to hear your thoughts, let me know how you view the current situation! 👋
BITSTAMP:BTCUSDShort
by jazerbay
30
Bitcoin still bullish???HIi crypto lovers today i will be talking about bitcoin if its still bullish or we may see any drop further soon. so if we check my chart we are at 46400 levels which is acting as resistance for now if daily or h4 close above 48800 we may see price hitting 60k usd again to form another cup & handle pattern before dropping but if we kept on ranging at this area we may likely to see a drop upto 42k again if daily or hr today close below resistance . if daily or h4 closed below 42k next target will be 30k for bears and if we closed below 30k possible we be hitting 19k-22k but if we closed above 48800 go long for target 60k and you can short 60k for target 50k and we see overall performance above 42k is strongly bullish and forming pattern in cup and handle and please dont ignore divergence we might see fat drop at 60k. Good luck
COINBASE:BTCUSD
by FxSniper_
1H Chart. Market Activity BTCHello Everyone, This is a not trade or buy or sell call. Just a look into the market activities of the past 3 days , and strange moves which are contrary to TA standards recently. See below opinions and points; Institutional, Whales and AMM involvement in the crypto market means manipulations are possible as seen in stocks market too 12th August at Asian time, we ought see breakout, after Inverse H&S fully formed. Rather it spiraled down south fast 13th August Asian trade window, another counter move long candles up-north. Now that cannot be normal. Then everyone expects to see retrace after hitting resistance, no it didn't. Just another single long candle up again Today we see another forced move downwards to liquidate LONG orders when another leg was to go up after second consolidation Pay attention to the descriptions on the Chart . Interventions are being observed in recent movements. Big boys making smiling to the bank in the midst of current Bull run . Stay safe out there. Ride the trend, learn the game of the whales and play with them their way , so you can profit with them. Just when the crowd expects to go SOUTH, whales go NORTH because they edge out the crowd. When everyone expects go NORTH, whales want to go SOUTH, that is how they eat up small fishes in the ocean. Happy Weekend!!!👍 Follow 🚶 Like 👍 Share your thoughts
by CryptonKidd
BTC. DAILY Idea. Correction OngoingHi Friends, This is the second time we are doing a treat on BTC . It draws attention as it affect Altcoins . It is important to understand it movements in time. NOTES: We are Weekly-Bullish for BTC . Super Bullish on the Monthly for BTC as well. So we are are no where near bear season. ANALYSIS : The last time we had complete correction ( using my target hits ) was September 2020, first week. After this BTC had been on a constant bull run. Institutional FOMO, Hype, Shillings, Analysts and Politicians talking about BTC were catalyst for this run. Sooner or later this correction was bound to happen. BTC will go down to Reversal Zone as in my chart . It is required as turning point, being the final of correction target IMO . I see the weekend helping this trend. While the new week will start with Sunshine. Also a buy zone before another run up in the near future. If it is not allowed for any reason artificial or natural manipulations . This event will only be postponed to another time in future . BTC is bullish and strong at the moment . Though the week started in a low, and a lot has happened same week causing FUD here and there. Follow 🚶 for Daily analysis and opportunities Like 👍 for more encouragement Share your thoughts
Short
by CryptonKidd