We’ve bottomedI copied the chart from the 2012 halving to the 2016 halving which is what you see above the current chart. I also copied the area between the 2016 halving and the 2020 halving which is what you see under the current chart. I then placed them exactly at the start of the 2020 halving and stretched them to the next approximate date of the next halving. Done.
Yes, it can be this simple. No fancy trend lines or over-analyzing the chart. As the old saying goes, “History doesn’t repeat, but it does rhyme.” I’m sure everyone is sick of hearing it, but it’s true. See you at the top.
Bitcoinforecast
Bitcoin- Temporary top in place?After the strong rise from last week and the top made on Sunday, Bitcoin started to consolidate.
The price action from the last 3 days is a rising wedge and this pattern can be the signal for a correction.
On the other hand, a clear break above 21500 could lead to a new up acceleration.
Anyway, from my speculative point of view, only a buy at 19k zone would make sense
BTC almost bottomHello Traders, this is my current view of bitcoin :
Btc was moving down inside the slope channel
The 3rd wave was confirmed by the increasing volume
There's possibility that 5th wave has started and the target is around 14.78k
Will wait for price action to go long around 14.78k
The invalidation is 13.9k
*I just shorted btc from 16.84k
Stop 17.01k
Target 16.5k 16k 15.5k 14.8k
Midterm Forecast for BTCCurrently we are at a resistance at the 200EMA on the Daily, a retrace is expected before we hit higher grounds 25k-28k (maybe even around 30k top).
Around these areas we have significant liquidity pools that marketmakers are going to grab, my midterm forecast is still bearish, sooner or later we will see the 12k zone.
Stay tuned and pay yourselves when you are in a winning trade.
$BTCUSD Bitcoin $21k --> $9.5k --> $69k --> $111k --> $318k BTC Price Live Data
The live Bitcoin price today is $21,121.37 USD with a 24-hour trading volume of $22,306,086,579 USD. We update our BTC to USD price in real-time. Bitcoin is up 1.28% in the last 24 hours. The current CoinMarketCap ranking is #1, with a live market cap of $406,898,443,180 USD. It has a circulating supply of 19,264,775 BTC coins and a max. supply of 21,000,000 BTC coins.
What Is Bitcoin (BTC)?
Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.
Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”
Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.
Who Are the Founders of Bitcoin?
Bitcoin’s original inventor is known under a pseudonym, Satoshi Nakamoto. As of 2021, the true identity of the person — or organization — that is behind the alias remains unknown.
On October 31, 2008, Nakamoto published Bitcoin’s whitepaper, which described in detail how a peer-to-peer, online currency could be implemented. They proposed to use a decentralized ledger of transactions packaged in batches (called “blocks”) and secured by cryptographic algorithms — the whole system would later be dubbed “blockchain.”
Just two months later, on January 3, 2009, Nakamoto mined the first block on the Bitcoin network, known as the genesis block, thus launching the world’s first cryptocurrency. Bitcoin price was $0 when first introduced, and most Bitcoins were obtained via mining, which only required moderately powerful devices (e.g. PCs) and mining software. The first known Bitcoin commercial transaction occurred on May 22, 2010, when programmer Laszlo Hanyecz traded 10,000 Bitcoins for two pizzas. At Bitcoin price today in mid-September 2021, those pizzas would be worth an astonishing $478 million. This event is now known as “Bitcoin Pizza Day.” In July 2010, Bitcoin first started trading, with the Bitcoin price ranging from $0.0008 to $0.08 at that time.
However, while Nakamoto was the original inventor of Bitcoin, as well as the author of its very first implementation, he handed the network alert key and control of the code repository to Gavin Andresen, who later became lead developer at the Bitcoin Foundation. Over the years a large number of people have contributed to improving the cryptocurrency’s software by patching vulnerabilities and adding new features.
Bitcoin’s source code repository on GitHub lists more than 750 contributors, with some of the key ones being Wladimir J. van der Laan, Marco Falke, Pieter Wuille, Gavin Andresen, Jonas Schnelli and others.
What Makes Bitcoin Unique?
Bitcoin’s most unique advantage comes from the fact that it was the very first cryptocurrency to appear on the market.
It has managed to create a global community and give birth to an entirely new industry of millions of enthusiasts who create, invest in, trade and use Bitcoin and other cryptocurrencies in their everyday lives. The emergence of the first cryptocurrency has created a conceptual and technological basis that subsequently inspired the development of thousands of competing projects.
The entire cryptocurrency market — now worth more than $2 trillion — is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies.
Thanks to its pioneering nature, BTC remains at the top of this energetic market after over a decade of existence. Even after Bitcoin has lost its undisputed dominance, it remains the largest cryptocurrency, with a market capitalization that surpassed the $1 trillion mark in 2021, after Bitcoin price hit an all-time high of $64,863.10 on April 14, 2021. This is owing in large part to growing institutional interest in Bitcoin, and the ubiquitousness of platforms that provide use-cases for BTC: wallets, exchanges, payment services, online games and more.
BTC - First Bullish after CPI, next Bearish start of 2023Neutral CPI or positive will drive Bitcoin, presuming up to 23100 area. There are a few resistance lines up the way, but we still have two weeks to dig thru those levels.
Technical target fib bases and aligning with this swing low to 23100 brings us 1.618 back to 10500 zone!
Very interesting level to expose again.
BTC WYCKOFF UPDATES
cOMPLETe method of Wyckoff. LEst see ON AR zone if it continues to goes down, I see wick on 1hr candle that makes red.
the 3 candles that makes green it means price still ranging, now its time for shorts buyers!
Trade base on your own decissions.
Thanks to all. if you like my Ideas give a like or suggest. Thanks to new followers for more analysis check me out.
I hunt liquidity on how market makers works. I trade only liquidity happens, if pairs not forming liquidity it means your the liquidity. becareful guys,,
$BTC BEAR MARKET/RECESSION OUTLOOKMy realistic estimate would be that $BTC continues to rally at least to $25k, possibly even $28-30k as this is likely going to be a strong resistance level, then, if/when Q1-Q2 earnings are awful, it dumps back down IMO to $13.8k. I think the bottom could be as low as ~$10.8k or as high as ~$15k (approx. previous low, double bottom), however, I feel that $13.8k is the most likely between these 3 targets. I would reconsider bearish position if we break above the $28k-$30k level and hold it at support for a monthly close.
Bitcoin bull rally will continue!Hello, traders!
Bitcoin is showing us the strength, therefore I suppose the significant correction as I mentioned in my previous article will be later. Today I will show you the potential local trade to catch the potential trend continuation.
We will use the 1h time frame of the BTCUSDT chart. Here we can see the local consolidation, which has the higher highs and higher lows. Moreover BTC has created the upper liquidity trendline. It would be too easy if the market will continue pumping without any trick. I suppose that the deviation could be this trap for both sides on the market – bulls and bears.
On the trendline breakout market can create the fake out, we can see the hint on the RSI indicator which has the potential bearish divergence. I expect the pump to $21700 and the long squeeze after that. The potential short here is not a good idea becuase we have super strong bull market. The potential local correction could be ended at the Fibonacci golden pocket at $19900 . Here I am planning to open long with the stop loss below the local impulse beginning. Only this trade has the appropriate risk to reward.
Best regards, Ivan
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Bitcoin Could Get A Hard Time Going Up From HereWe've been bullish since 16k. Now that we're up 4 thousand dollars, which is 30% higher, its time to look at some points of ressistance.
At this moment, Bitcoin is already at the top of a resistance zone. I think the market is waiting for tomorrow, since the SPX is also looking at a breakout/resistance.
If the SPX can break its resistance, Bitcoin will follow. If it does not, Bitcoin has probably reached its temporary top.
In the bullish scenario, the next stops are 22750, and 25500 usd.
BTC Bears SLAUGHTERED, Will BULLS HODL $20K?Hi Traders, Investors and Speculators of the Chart📈📉
In my previous analysis, I've pointed out how the technical indicators such as LSMA, RSI and Bollinger Bands were pointing towards 22K for Bitcoin. The market's have been overwhelmingly bullish, with green candles across Gold, Silver, DXY and most altcoins. It's safe to say that the markets are expected to take a breather soon, and now might be a good time to secure those profits because the largest question of all remains to be seen : Was this one big bull trap where overleveraged longs will soon be struck down, or is the bottom in and this is the beginning of a new bullish cycle?
This remains to be seen and I expect more clarity on this with the next pullback (which are healthy and common). When we pull back remains to be seen if $20K can be held and defended by bulls. If we can keep closing above $20K and not under, you can even consider opening a long there incase you're late and missed the rally.
I suspect the markets will see lots of volatility this week, so remember to pre set those orders!
For those who have been following for a while, all of the altcoins on our watchlist have rallied. Please remember to secure some profits!
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$ 20,000 Reached ✅ , What's Next ?Well, as you can see, the price has finally managed to hit the next bullish target! After nearly 3 months, the price finally managed to re-enter the $20,000 channel ! ✅ We closely monitored each and every movement of Bitcoin during this time and we were able to get a good return from it! I hope you have made the best use of it! Let's go to continue the analysis, well, if the price is rejected strongly from this current zone and consolidates below 20400$ , we can see a correction up to the range of $18900! Otherwise, the next bullish target is $21,800 to $22,800!
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 01.16.2022
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BTC UPDATES SHORT IDEAS
Looks pretty good on my previous idea!
im expecting bounce to 21060, for entries wait for AR to be break. thats how our entries.if price goes back to 20700 thats how we take entries.
Thanks who follow this idea. if you like it, just comment or suggest. I really appreciate your suggestion.
CHeck me out i posted daily analysis and journal.. Thanks to all followers. We keep growing, We always learn and most of all we take profits here!..
BTC SHORT IDEAS UPDATES
As I Predict, Price can make Upper thrust after Distribution,,
Our entries are below on Auto Reaction zone, that makes Last supply pattern, The drop baSe drop pattern.If the price still ranging, we dont trade. wait for price goes back to AR zone,
If AR zone broken thats how you wait and make a entries.
CHeck me out on my daily analysis. Trade base on your own decission.
Thank you and Lets grow. learn form others also, dont be a follower be a student thats my mentor always told me.
Always learn form others.
Next Move DXY (comparison BTC)In this comparison we see
BTC Yearly Performance 2022-2023 and
DXY Yearly Outlook 2023-2024
The Indicator is PIVOT POINTS STANDARD with DeMark, Woodie & Camarilla.
The Grid of all 3 Pivots for BTC in 2022 is the exact same for DXY for this year.
Will DXY dump this year? Is BITCOIN surpass its ATH?
BTC WYCKOFF SHORT IDEASExperience traders already know, Bitcoin is on accumulation process as of now, the market need more liquidity.
As my ideas being published I see here a Distribution methods, but its only lower Time frame, Good for scalpers.
As you can see massive volume release, it means we have more rooms to goes down.
If you like my ideas give alike or comment.
Check me out for more. Thank you