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Btcusdidea

BTC:Wait for the turning point Bitcoin is currently in its third consecutive week of decline and has fallen below the 22,000 support level. Given Federal Reserve Chairman Powell's suggestion that interest rates are likely to continue to rise in the foreseeable future, Bitcoin's price has broken below its previous resistance and hit a low of 21,598 US dollars. As the semi-annual monetary policy statement continues to affect market sentiment, both fundamental and technical factors have contributed to the price trend of Bitcoin. Higher interest rates have a negative impact on risk assets, including major cryptocurrencies, because holding cryptocurrencies does not generate interest income. As the commodity channel index (CCI) falls into negative territory, technical indicators suggest that Bitcoin may already be oversold. However, as Bitcoin's price lingers around the next psychological support level of 22,000, breaking below this level could further tilt the price downward. The 21,376 US dollar support level from February lows could become the next support level, but it may also be a new turning point. Nevertheless, it must be admitted that breaking this level could bring market attention back to the 20,000 US dollar level. Therefore, it is advisable to maintain a light position in trading. I have in-depth research on futures products such as cryptocurrencies, foreign exchange, stocks, gold, and crude oil, and I also update some daily trading layouts. Thank you for your attention and likes. If you have any questions, feel free to leave me a message, and I will give you the most prudent advice. I hope I can help you.
Long
by FlashTrades_
4
Can BTC still go long? After being blocked at 24K, BTC fell sharply, and this large-scale decline was expected. Therefore, it was mentioned around 24K that profit-taking operations were needed. Although the long-term view is bullish, the market indeed needs to adjust before restarting. This decline actually provides a better entry point, and I will continue to establish long positions here. Personal operational suggestions: Enter long positions near 22,400, with the first profit-taking position at 23,220 and the second profit-taking position at 24,000. Each of my layouts requires patience and a good trading mentality. Friends with small funds and poor mentality should not participate. I have conducted in-depth research on futures products such as cryptocurrencies, foreign exchange, stocks, gold, and crude oil. I also update daily operational layouts. Thank you for your attention and likes. Friends with questions can leave me a message in a timely manner, and I will provide the most secure advice. I hope I can help you.
Long
by FlashTrades_
2
#BTCUSDT Very Important Update.Welcome to this extensive analysis everyone. We have been nailing every single Bitcoin Update this year. Hope you are following me on all our social platforms. Now, let's get to the chart! Bitcoin is currently trading right below the 200 WMA. This weekly closed right below it. Probably you have seen this chart before but I just want you to understand that this is very important for BTC to break and close above this MA. It has always been the Bear Market bottom indicator and currently, it's the resistance we need to break through. If BTC wants to start the rally, It should break in in Q1 of 2023. We just have a month left for that. Meaning 4 more candles. Unless that happens I won't be doing too much leverage trading and stay mostly in BTC and Stables. Lower Support lies between $19.8k and $20.3k. MY NEXT UPDATE WILL BE ABOUT TEH ALTCOINS. Make sure you follow me to avoid missing the same! What's your plan? Have you decided yet? Let me know in the comment section. Also, Do hit the like button if you like it. Thank you. #PEACE
BITSTAMP:BTCUSD
by Cryptorphic
5
BTCUSDT: Bitcoin Likely to Continue Bullish After CorrectionThe outcome of the Federal Reserve's upcoming meeting will impact the direction of the BTCUSD pair. Currently, Bitcoin is experiencing a sell-off due to profit-taking, but the market anticipates a further bullish trend due to a slowdown in interest rate hikes. However, a brief bearish correction is expected. It is important to watch the 20000 price level as it may provide support in the future. I would appreciate your support of this idea to help reach others. You can also share your opinion with me. Many thanks
by ClintOnos
1
Bitcoin Multi-Timeframe Analysis 28.01.Hello Traders, welcome to this free and educational technical analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
by SwingTraderPhilTV
32
BTCPERP NEAR FUTURE ANALYSIS (4H Chart)Technical Analysis Summary BTC/USDT TREND ANALYSIS We have 1 Downtrend in red color (Short Term). Be careful trends need to be modified when broken to the new peaks (Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). White levels Levels are very tight stop losses that could be used in high leverage future trading. Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment If you find this content beneficial please don't forget to LIKE and FOLLOW Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
BINANCE:BTCUSD.P
by husseindergham
BTC Price Analysis SHORT !! ??Hello to all traders out there! Here's a BTC in a short situation in my personal opinion. So we NEEED to hold the 20000 LV L or else we will go back and retest the 19632 LVL. If we end up breaking that support we might head on down to test the 19126 LVL. If that breaks.. we will go down and test the 18795 LVL. Happy trading to all :) leave a comment or like, please! I'd love to hear what you think of my ideas! :) Have an amazing day all!
Short
by owenNations
Bitcoin Analysis 09.01.2023Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
by SwingTraderPhilTV
21
There is an analysis of the BTCUSD H1 chartIn our analysis, we found a number of data points. There has been a 64% drop in bitcoin prices over the year, and 75% since November 2021 when prices reached all-time highs of $69,000. It has been noted that the price has been forming a triangle with symmetry since last month during the consolidation period. Additionally, there have been multiple pullbacks and bounces that have tested Trigale's trendline over and over again. A triangle can be broken on any side, either downwards or upwards, according to the theory, and the price can appear anywhere. There is a target at 16714.82 & 16565.5 if the price breaks down this trendline. However, if the price moves above the upside trend line, a target area at 17062.44 is the target if the price breaks down the site trend line. With this analysis, you will be able to find your most profitable trade. EnclaveFX does not recommend that you buy or sell this assist. We do not take any responsibility for your profits & losses. EnclaveFX believes in enhancing the knowledge of our clients & followers.
COINBASE:BTCUSD
by Enclave_fx
#BTCUSDT - Thoughts out loud plus technical side. #BTCUSDT #BTC #USDT. Good afternoon! The idea of the possible development of the situation on Bitcoin and the direction of the cryptocurrency market in general. For this period of time, the price continues to decline and there are no purchases by professional market participants on the chart. If the buyers do not keep the price in the range of 15555 - 17777, we can expect further price decline, prospective prices The chart shows possible scenarios:1.2. A.B.C. - Price levels from which we can see the resumption of acquisitions. Against the background of the technical picture, the news background begins to slowly fill the information that one of the largest mining companies in the United States, Core Scientific, has filed for bankruptcy after the fall in cryptocurrency prices and rising energy prices. Core Scientific mines reliable cryptocurrencies such as bitcoin. The process involves connecting data centers across the country equipped with highly specialized computers that process mathematical equations to verify transactions and simultaneously create new tokens. This process requires the use of expensive equipment, some technical know-how and a lot of electricity. Core's market capitalization fell to $78 million as of the end of trading on Tuesday, down from a valuation of $4.3 billion in July 2021. Over the past year, the stock has fallen by more than 98%. According to a source familiar with the situation in the company, the company is still generating positive cash flow, but this money is not enough to repay the financial debt for the equipment it leased. The person added that the company will not be liquidated but will continue to operate as usual, reaching an agreement with senior securities holders who hold the bulk of the company's debt. The company said in October that holders of its common stock could experience a "total loss of their investment" but that this may not happen if the industry recovers. The company also said it would not pay debts in late October and early November and said creditors could sue the company for non-payment. At Core, which primarily mints bitcoins, the token price has fallen from an all-time high of over $69,000 in November 2021 to around $16,800. This loss of value, coupled with increased competition among miners and rising energy prices, has resulted in shrinking profits. This is the first time in the history of the crypto industry that more than 25% of the total amount of bitcoins mined in 2022 falls on this company.
by WVitalievich