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Btcusdforecast

Fear/Greed Index = NEUTRAL ✅As many of you guys know closely look at the Fear/Greed Index indicator when trading the crypto market and i try to allign the technical analysis with the sentiment analysis because crypto market is very emotional and many moves are based on the emotions either it's fear/greed or anything else. For today the 04.02.2022 FEAR/GREED index indicator is located at a NEUTRAL area meaning we have no ENTRY, the RETAIL HEARD is not in a GREED or a FEAR Sentiment so there is no trading opportunity based on this market analysis tool, let's wait for the btc drop somewhere around 45k - 42.5k in those areas there is a high probability the tool will be somewhere around 40-50 FEAR area so that will be a good LONG ENTRY. ✅ Why Measure Fear and Greed? The crypto market behaviour is very emotional. People tend to get greedy when the market is rising which results in FOMO (Fear of missing out). Also, people often sell their coins in irrational reaction of seeing red numbers. With our Fear and Greed Index, we try to save you from your own emotional overreactions. There are two simple assumptions: ✅ Extreme fear can be a sign that investors are too worried. That could be a buying opportunity. ✅ When Investors are getting too greedy, that means the market is due for a correction. Therefore, we analyze the current sentiment of the Bitcoin market and crunch the numbers into a simple meter from 0 to 100. Zero means "Extreme Fear", while 100 means "Extreme Greed". See below for further information on our data sources. What do you think ? Do you use this market tool ?
COINBASE:BTCUSDEducation
by AnonimFXRO
BTC BIAS + my thoughts explainedBTC has been trending since 15th of May We obviously don't want to go against the trend but what I can see is that we have pretty much been consolidating since the 27th of march We also raided the FVG and previous highs really hard I wanna see if we break out above the consolidation first then come to take sellside liquidity We still havent broken the trend but it looks like it has already build plenty of sellside liquidity to take btc to AT LEAST 45K to then push up. Like I said I'm eyeing the 45-43K zone before another buy. Support zone is literally around 45k + OB right below it so it looks golden
BITSTAMP:BTCUSD
by BDripTradess
$BTC bounce to $51-$56k to confirm resistance, then lower?Pretty much the same chart as I posted last time, just updating thoughts and timing a little bit now that price action has played out more. I'm fairly confident that this move down right here will mark the short term bottom. I'm thinking that we could get a strong bounce up to the low to mid $50k range ($51k-56k) as the next move to confirm resistance, which would then setup a fall lower. The question then would be how low we go? I could see us just going back to retest the $32k-$34k bottom of this structure, which would setup a larger bounce higher after (this is my bias right now). Or, I could see us breaking through the structure and testing $23k. In either way, stay cautious in the coming weeks/months, as a rejection in that $50k range would setup a sharp decline lower. I've just gone fully long and am targeting to exit crypto again sometime in March/April. Then should the move lower play out, reenter towards the end of May. Let's see how price action plays out from here.
BITSTAMP:BTCUSDLong
by benjihyam
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