btcusd sell side prediction Hello all dear
my observation is if price going up and mitigate price 22998 to 23362 to and Didn't break this level
then price came back to 22442 level
if price break this level 22 44 2 then we can assumption price my demand zone which is 21539 to 21144
and price Go up from this level I am break this last high
I need to scissors level 2 buy from this level wait for confirmations and something
must manage your expectations and relate with your trading system then Position sizing and enter
thanks
Bitcoinforecast
Bitcoin Pump: How High Can It Go?Today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD).
Bitcoin price has been pumping recently. So where could the price get up to before a retracement? I used the VPVR (Volume Profile) and Fibonacci Retracement to get an idea of where the price will see resistance and possibly heading back down. RSI is very high so a retracement may happen earlier.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #millionaireeconomics
Bitcoin Analysis21.01.2023Hello 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:
🟡 The Most Popular Myths About Bitcoin Debunked 🔑During the existence of bitcoin and other cryptocurrencies, a large number of erroneous judgments have appeared about them, which continue to spread among people even now. This leads to cryptocurrency being treated negatively, as the vast majority of myths about digital currencies are aimed at discrediting them.
In this article, we will look at the most popular of them and debunk them for good.
Bitcoin Can Be Hacked
Cryptocurrencies are created based on blockchain technology, which organizes a database consisting of a chain of blocks. Each successive block has information about previous blocks. Such a database is stored simultaneously on all computers of the system participants.
This technology is based on the principle of decentralization, that is, the database is not in one place, and all the computers participating in the system, form a network. To affect the network in any way, it is necessary to get 51% of its hash rate. Only then will it be possible to make changes to the transactions and impose their acceptance on a minority.
Bitcoin's computing power is distributed all over the world, and to try to take over the network, a large amount of hardware has to be combined. Still, mining companies will not destroy their source of income. And even if someone decides to attack the system, it will at most lead to failures, which will be eliminated with emergency updates.
However, cryptocurrency exchanges and other digital money services are vulnerable to hacking.
Bitcoin Is Not Backed By Anything
Back in 1971, the U.S. authorities abandoned the Bretton Woods system (the gold standard), and the U.S. dollar lost its peg to gold. Since then, the U.S. currency has not been specifically backed but is directly dependent on the country's financial stability.
To understand what bitcoin is secured with and how its price is formed, it is necessary to consider the value and functionality that the cryptocurrency presents to its owner:
Anonymity. No one monitors bitcoin transfers and has no right to influence (cancel or suspend) the transaction in any way;
Low commissions. In the network of the main cryptocurrency, there is a fixed commission for transfers, which is set based on the load on the network. It means that the commission will be the same if you transfer $100 and $100k, as well as any other amount;
Speed. Bitcoin transactions are usually instantaneous. Allowable delays range from a few minutes to one hour, depending on network load;
Limitlessness. You can transfer bitcoins anywhere in the world. The main thing is that the recipient has a cryptocurrency wallet.
Thus, bitcoin allows making anonymous payments and money transfers of any amount, regardless of the location of the sender and the recipient of the cryptocurrency. This factor, combined with bitcoin's limited issuance (21 million coins), determines the demand that subsequently forms the cryptocurrency's price.
Bitcoin Is Used Only By Criminals
The anonymity that cryptocurrencies give does allow the use of digital coins in illegal schemes. But, in this case, it is no different from cash, which is also used in illegal activities.
Last year, bitcoin began to be actively bought by large companies to protect against inflation and other risks of the traditional financial market. For example, the main cryptocurrency of $1.5 billion was purchased by Tesla. According to CEO Elon Musk, Tesla sold 10% of bitcoins at the end of March and recorded a profit.
The oldest U.S. banks, such as Morgan Stanley, Goldman Sachs, and JP Morgan, are also showing interest in cryptocurrencies. The latter is already preparing to launch its first actively managed bitcoin fund. Goldman Sachs will also make cryptocurrency investments available to clients.
Bitcoin Is A Bubble
Back in 2010, the price of bitcoin was less than $1, but now it is worth more than $23,000. Other cryptocurrencies have also seen their prices go up by hundreds or thousands of times. This gave reason to compare the cryptocurrency market with a bubble that will surely burst, and investors will be left with nothing.
First of all, let's understand what a bubble is. It is an economic cycle of trading an asset characterized by an unsustainable growth of its market value. One of the first examples of such a bubble was the rise in the price of tulips in the Netherlands in the 17th century. At that time, their value soared tenfold, and never recovered after the collapse. There was also the famous dot-com bubble at the beginning of the century. Back then, the value of Internet companies soared and collapsed dramatically in a short period of time.
Bitcoin and other cryptocurrencies have been around for more than a decade. During that time, they have gone through several cycles in which their value rose and fell. However, after all, previous falls, bitcoin has renewed its price records. Along with it, the entire cryptocurrency market grew.
As analysts explain, cryptocurrency fluctuations form a pattern typical of young markets. They expect assets to rise and fall with smaller fluctuations over time, and the time between these cycles will increase. That is, the cryptocurrency market will become more stable and predictable.
Buying Cryptocurrency Is Difficult
Many potential investors are deterred from buying crypto assets by their lack of experience. Since it is a new and technological tool, it may seem complicated. In fact, it is possible to invest through special exchanges, mobile applications, or other trading platforms. The registration procedure on them is usually no more complicated than, for example, creating an account on a social network or in an online store.
As a rule, the major exchangers ask to confirm the identity. To do this, it is necessary to upload a photo of the documents. This is a requirement of the world's regulators, which helps make exchanges more secure. However, those who value anonymity can also find exchanges where there are no such requirements.
The process of buying cryptocurrency itself is also simple. To do this, you can top up your account and use it to make purchases or pay with your card directly for each cryptocurrency purchase. In terms of complexity, this procedure can be compared to recharging a cell phone or buying goods.
One Needs A Lot Of Money To Buy Cryptocurrency
Most people learned about the existence of cryptocurrency when the price of bitcoin reached tens of thousands of dollars, which would seem to immediately cut off investors with a budget of a few hundred.
In fact, all services allow you to buy a share of bitcoin or another cryptocurrency. The minimum amount for which you can buy a cryptocurrency may vary from site to site, but usually, it's only a few hundred dollars.
If you buy a bitcoin or other cryptocurrency, you will earn on its growth, as well as those who operate with tens of thousands of dollars. If an asset doubles in value, for example, then the investments of everyone who holds it will also double. The same will happen if the crypto-asset becomes cheaper.
Only Pros Can Make Money With Cryptocurrency
There is a widespread belief that buying cryptocurrency is similar to trading on the forex market. They say you have to buy it when it goes down in price, sell it when it goes up in price, and so on in a circle. And in order to do that one has to understand its trends, news, and reasons for daily price changes.
Of course, that's how traders make money. However, most crypto investors are not actively trading. They only buy bitcoin or other tokens and wait for them to rise in price. This strategy is used by those who see the potential of cryptocurrencies in the long term. The superiority of this strategy is ease. You don't need to check the exchange rate every day and monitor the news.
Cryptocurrency Guarantees Anonymity
This myth arose because cryptocurrency allows for transactions outside of the banking system. There are also anonymous wallets, for the creation of which it is not necessary to enter any personal data.
At the same time, it should be taken into account that any transaction is recorded in the blockchain and saved forever. This means that if bitcoin has been in a wallet that is associated with criminal activity, no matter how much it is sent to other wallets, it cannot be "laundered". Law enforcement can access the blockchain data and track down the person who made the transactions. However, because this procedure is complicated, it is used only in special cases.
Everyone Who Buys Cryptocurrency Will Get Rich
There are a lot of stories about people who bought bitcoin when it was worth a few hundred and woke up rich a few years later. Similar cases occur with other coins that have increased in price tens or hundreds of times. However, this does not mean that everyone who buys cryptocurrency will certainly get rich.
Keep in mind that these are risky assets that can both rise and fall in value. In addition, their volatility is higher than that of stocks, real estate, or fiat currencies. Therefore, experts advise keeping 5% to 10% of their savings in crypto-assets.
Cryptocurrency Is A Vogue, And It Will Go Away Soon
A few decades ago, computers and e-mail were of interest only to a very limited number of technology enthusiasts. When Steve Jobs said that soon computers would be in every home, he was surprised to be asked, "what are they there for?".
The same thing is happening now with cryptocurrencies. So far, they have been used by a relatively limited number of people. But today's cryptocurrencies create ecosystems that, according to analysts, will continue to evolve, and there will be more and more practical applications for them.
There is growing interest in decentralized financial programs, which are safer, more reliable, and cheaper than the current systems. Tech giants are exploring ways to merge the real and digital worlds, using blockchain technology as a building block for this. States are thinking about creating their cryptocurrencies. So virtual assets, of course, will evolve and change but will remain with the technology on which they are based.
Conclusion
New tokens appear all the time and, quite possibly, some of them will increase in value hundreds of times. At the same time, some of them will depreciate or disappear altogether. Therefore, professionals advise diversifying your cryptocurrency portfolio: keep most of the funds in popular cryptocurrencies, such as bitcoin or Ethereum, and only part of the funds should be spent on new projects that seem promising. This will allow you to keep a balance between risk and reward.
Where is BTC headed following the latest pump?In this post i will be discussing the potential next move for Bitcoin after today's pump.
Using the Fibonacci retracement tool, we can identify key levels where the price could potentially retrace.
By drawing the tool from the bottom of the move to the top, we can see that the price could retrace to the fibonacci gold zone between $21,867 and $21,647.
This area is crucial as it's almost a guarantee that if the price rejects off of this area, it will hit the first price target of $23,512.
The second and third price targets are $23,512 and $23,952 respectively.
Finally, a riskier take profit would be $25,815.
It will be interesting to see if the price will follow this Fibonacci retracement pattern and reach these targets.
What do you think?
Like and comment to let me know what’s your take.
Also, VERY IMPORTANT! s3.tradingview.com Follow the arrows...
Thank y’all
*Note: This post was generated by ChatGPT (Generative Pre-trained Transformer) with my input.
BTC 3DAY BOTTOM THEORYHere I outline my Bitcoin bottom theory, using the 3day chart and the 300ma and 300ema.
When 300ema crosses bearish over 300ma we see consolidation below (bottom), and once the 300ema crosses bullish over the 300ma, we see clear start to next BULL cycle.
What's to come next this cycle? Drop comments below! Thanks for watching and thanks for your time! Please like and follow for more ideas.
BITCOIN UPDATES, SCALING MOVES
We hit 23200 but our projections has curved way.
It doesnt matter how you trade, the matter is how you manage risk.
My projections on Bitcoin for this weekends only.
Trade only base on your own decissions
Have Good Saturday to all.
Come and check me out , posted daily analysis. you want to leaRn, I teach, just check me out how.
#Bitcoin - Only 88.000 USD possible till May 2025 #BTSUSD!!! Thumbs up and also look at the old linked chart from June 2019 and press "Play"!!!!
You will like it, too ;-)
The price patterns of the Bitcoin of the past years once again presented as an updated overview.
Should the patterns repeat in the same ratio, then I would come to "only" 82,000 USD to 88,000 USD per Bitcoin and no longer to over 100,000 USD with a bull market weaker by a factor of 5 times (417% )than the previous upward movement of 2,089%
Greetings from Hannover
Stefan Bode
Finally, Bitcoin did it!Bitcoin renewed its previous high, and the price closed above this level. It's a great signal, but now it will be better for everyone if the cryptocurrency market starts to correct to the $18,500-$19,500 zone.
In this case, the market will cool down and bitcoin will be able to continue its organic growth to $30,000. In the case of strong parabolic growth, we will face a strong and long drop.
All my 6 years of trading experience, knowledge, developments, and indicators I share them here in ideas for free. In return I will ask you just follow me, like this post and leave a nice comment, it will allow me to move faster and make more useful content! 💚💚💚
BITCOIN : Next Resistance AreasHello everyone!
Well, in the last few weeks we have been following Bitcoin (see chart below) with interest, from a technical point of view, despite our Long Trade , the trend still remains bearish, so I share my next resistance areas on the daily chart.
Previous Analysis:
(click on chart below)
If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below.
thanks for your attention and please... trade with care! 💖
#BTC/USDT is breaking every resistance, What's next?BTC broke out of every single resistance without any retracement.
This shows how strong this uptrend is.
In this daily chart, there's no solid resistance but $28k-$30k.
Lower support is around $22k , $20.7k
This is an important development in the price.
However looking into the weekly chart, BTC will face significant resistance around the $24k-$25k area.
So what's my plan?
I will hold on to my BTC long position which I longed publically for around $16400 and keep some USDT aside.
Alts in BTC pair will bleed when BTC pumps like this.
IMHO the best thing to do is to hold BTC and long the Altcoin dips on leverage.
NO FOMO longs though.
Wait for the red day to long.
BTC will face resistance around the $24k level once it breaks that level the target will be $30k.
This is not financial advice, DYOR.
Let me know what you think and hit the like button if you like it.
#PEACE
BTCUSD: The bottom is in! 🚀The Indicator Pi Cycle was been very accurate in the past. It has been quite effective in determining tops and bottoms. About Pi Cycle Indikator TOP: It uses the cross of 111 day SMA and 350x2 day SMA. About Pi Cycle Indikator BOTTOM: It uses the cross of 150 day SMA and 471x0.745 day EMA. And the RSI is below 50, which is also a clear bottom signal imo.
My recommendation as always: Buy the dips and hodl. 😀
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Let's see what happens.
Happy trading.
BTCINVESTING
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My Post Apr 17, 2021 "BTCUSD: Whats about PiCycle? A bearish signal?"
My Post Dec 15, 2021 "BTCUSD: Difference - Bearish Downtrend | Bullish Accumulation"
My Post Apr 15, 2019 (3 year ago!). I was one of the first btw. ;-)
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Bitcoin The Decline ends in November 2021.Prime Levels (Special Software) Buy early - Sell early Trading Levels
The suffering will end in November 2021.
It is not investment advice.
Crypto is a very risky investment. You can lose or fold all your deposit.
Share your risk.
Gradual buy-sell.
Trust yourself.
27199 Stop-loss
We are still buying seeds. Our profits have dropped a bit, but our customers are still very satisfied.
Min 20400, 19800 , 17400, 15800 ,12200
Max 58900, 48600, 45400, 43800, 39400
Let's draw some pictures and watch.
0 31926 61504.5
2817 33334.5 62913
5634 34743 64321.5
6573 36151.5 65730
7981.5 37560 67138.5
9390 38968.5 68547
10798.5 40377 69955.5
12207 41785.5 71364
13615.5 43194 72772.5
15024 44602.5 74181
16432.5 46011 75589.5
17841 47419.5 76998
19249.5 48828 78406.5
20658 50236.5 79815
22066.5 51645 81223.5
23475 53053.5 82632
24883.5 54462 84040.5
26292 55870.5 85449
27700.5 57279 86857.5
29109 58687.5 88266
30517.5 60096 89674.5
The Market Maker PlanHello traders,
Today I'm going to share with you 'my idea' about Bitcoin in weekly time frame.
As we can see in the chart this crazy move on Bitcoin made every trader skeptical.
Market maker needs volatility before dumping the market and as we can see before the pump the market was moving slowly and we reached the lowest volatility of all time and ofcourse it won't dump before collecting volume and liquidity.
Market makers started to promote on their social media that bottom is in which is not correct in my opinion. why?
Have you seen a crash without an uptrend?
I don't think wave 5 is too short so I think we are still in a bear market I don't see any bull market from here, it's just normal volatility inside wave 4.
and many indicators doesn't show that we reached the bottom yet.
Yesterday I checked the weekly EMA because every decent investor will check it out before making any move and I found that 50 EMA has crossed with 200 EMA which is " The Death Cross ".
- In my opinion wave 4 has not been ended yet but it's about to end!
- The big Falling Wedge has not broken yet.
- We are still in a correction and I think this is ' Running Flat Correction ' inside wave 4 where prices tends to bounce from support and resistance.
#Running Flat Correction:
Wave B terminates beyond the start of wave A.
Wave C terminates before the end of wave A.
- Wave B = 123.6% of wave A
- Wave C = 61.8% - 100% of wave A
I consider this time wave C will end near 21,500 - 22,000 and there I'm gonna short the market based on my strategy.
Let me know in the comment down below do you think bull market has started? and why?
Non of this you can use as financial advice! always do your trade based on your analysis and strategy.
BTCUSDT - correction. starting . created
- Stuck at the 21500 level.
- price traded on top of the distribution.
- Kept even more liquidity from the top.
If you liked the idea, give it a like. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profit in fiat and enjoy yourself and your loved ones.
Bitcoin Urgent Update!!Hello Traders and Investors. I hope you are doing well.
My crypto indicators say there is a strong resistance zone ahead. Right now it's a $22,700 to $23,600 zone. (Sorry, according to the rules of trading view I can't show my paid indicators for free, they block my ideas for that. That's why I tried to find a way out of this situation and drew them figuratively. Unfortunately, I can publish indicators only in twit$er)
Bitcoin is squeezing up to the previous high of $21,300. In case it closes above the level, the price will continue moving up, and the nearest target is the resistance zone I wrote about above.
Locally Bitcoin is oversold, so expect a correction or consolidation. It will allow to gain strength and cool the sanction.
In case of a correction, I've marked an interesting zone for buying and opening positions: $19,200 - $18,500. A possible scenario is that the price will immediately test the resistance zone above, and only then there will be a correction.
All my 6 years of trading experience, knowledge, developments, and indicators I share them here in ideas for free. In return I will ask you just follow me, like this post and leave a nice comment, it will allow me to move faster and make more useful content! 💚💚💚
BTC TO THE MOON! #BTC 1DEither the btc will make bullish flag pennant or cup and handle pattern. that's it. now the price are keep holding up there. no massive sell or negative fundamental yet. hoping that we are going to the moon. If it's break up there, we will see again once the price reach 24k !. See u there !
Huge Falling Wedge on Bitcoin chart I don't like trading technical analysis patterns. But the wedge pattern is probably the only sensible pattern of all.
On the Bitcoin chart, we see that the price has broken through the upper boundary of the wedge. According to the rules, the figure's target = its height or the first peak (right now it's $25k).
All my 6 years of trading experience, knowledge, developments, and indicators I share them here in ideas for free. In return I will ask you just follow me, like this post and leave a nice comment, it will allow me to move faster and make more useful content! 💚💚💚