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Bitcoin jebaiting longs before crashBitcoin trying to jebait more longers with its new extreme before dumps on the bulls and destroys the bull hopium once in for all BTC/3H ,`still in the rising wedge` Personally looking for a possible short from ~22600 to ~22900 or around ~21800 if it bleeds there does a bearish retest Please Comment,Boost,Share. Really motivates me to do more.really does!!! With CPI numbers being out and not looking for btc exited the top of the rising wedge but failed to hold it after retest , now we are inside it again and we could easily go down to the bottom of the wedge and then break down from there after a successfull retest ~21800 We could also hit ~22900 and then go down from there which is less likely to happen due to the weakness of bitcoin Thanks for watching
BINANCE:BTCUSD.PShort
by pcmonk
#Bitcoin - thoughts out loud #6Good afternoon , dear colleagues! I am pleased to welcome everyone who wants to get acquainted with my vision of the current situation on this instrument. Today, the asset continues to show strength after the weekend, as evidenced by the formation of an uptrend with a buyer's test. For this period of time, I expect the buyer (professional operators) to regain strength and attract retail traders. The price range for the resumption of the movement is 21600 - 21700. Dear colleagues, I sincerely thank you all for your attention and wish you success ! And remember one thing: "sometimes you win , sometimes you learn ". #Btc
Long
by WVitalievich
2
BTC SHORT TERM INTRADAY IDEABTC OUTLOOK Due to bullish exhaustion at monthly resistance at 24k , i do expect BTC to have a minor retracement as we are in right now. We have CPI data to be released tmrw and my take on CPI is that we might still get high inflation due to how strong the labour market was last month. This would break down pivot prayers and would cause short term dollar strength which in turn could give us a dip across all risk assets in this case BTC. I am still bullish for a few months to come but will wait for the dip to happen before entering longs on BTC. Set buy limit orders on BTC @ 20250 19200 Take profits will be 24000
BITSTAMP:BTCUSD
by CJ_GOLDPIPS
Bitcoin -> Be Ready For The Next MoveHello Traders, welcome to this free and educational multi-timeframe technical analysis . From a weekly perspective Bitcoin just recently had a massive 50% pump towards the upside without any noticable correction. Therefore, it was quite expected that we will at least have a short term retracement, which the market is currently providing. However since we are now testing previous weekly resistance, turned support, I do expect the continuation towards the upside from here. On the daily timeframe we can see the same picture, the market is about to retest a previous daily resistance zone; I am now just waiting for a deeper retracement before I do expect the continuation towards the upside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
Long
by basictradingtv
23
Bitcoin analysis per week ( Divergence ) 📉📈Divergence is one of the well-known and widely used methods for determining price reversal areas, whether positive or negative, and thus helps to determine entry or exit areas 📉📈 Divergence can be used with momentum indicators in general like: '' MACD ''-'' RSI ''-'' Stochastic oscillator ''. We notice in the picture a difference between the price on the chart and the '' RSI '' indicator, So now the price is in a downward trend opposite the indicator that is in an upward direction, and this indicates an upcoming positivity.📉 Divergence is one of the many trading methods that we use to build an integrated strategy, and of course, we can use it in any time frame we want ✍️ ⚠ You must wait for a signal or entry sign in order to buy bitcoins.
BITSTAMP:BTCUSD
by Mr_HaMza_
2
#BTC/USDT Important Update! Read this If you are in RED now!Got almost 47 DMs today from people asking for advice, I can't do that. You were warned to take profits a few days back. You were warned to stay in the stables. Not trying. to brag here but every single chart has been dead accurate this year. Do you know why? Because I have been wrong a thousand times and I know I will be wrong in the future too but the last 5 weeks have been wild. If you are on the losing side now. Note down your mistakes. Do not repeat that again. You can't survive this game if you don't learn. No one can save you, not me not anyone else. IT'S JUST YOU AND YOU ONLY. The alpha that I provide has been unmatchable since 2019. Use it at your own convenience but listen to your instincts. Coming back to the chart the lower support levels are:- $21200, $20400, and $19800. I am personally mostly in USDT and BTC (long term). Will be laddering into Altcoins and BTC when I see some positive signs. The upcoming weekly close will be important If I was you I would look for opportunities in the market when I see divergences everywhere in important time frames. I will post those charts in Free channels above all my social media platforms. (Link in bio) Follow me to stay Updated. Stay tuned, I work hard to post these updates no matter where I am I try to deliver these on time. Do support with your likes and share it with your friends. Thank you #PEACE
BITSTAMP:BTCUSD
by Cryptorphic
12
BTC/USDT RANGE PLAY HTF #BTCHere's my idea on the current price action of BTC and possible target if it were to break either way: Downside: - If BTC fails to hold the $22500 region then I suspect the price will fall, take out the inefficiency of the pump and hit the mid-range marked out. - Possible signs of a deviation - Bulls running out of steam Upside: - If BTC can reclaim the 0.75 region then the range high is a possibility - I would be careful placing longs in this area, Keep a tight stop loss and cut soon if it breaks below
BINANCE:BTCUSD
by orcusworth
February 8 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart Bitcoin is up 1.61% over the last 24 hours and rose to an intraday high of $23,452.99. The largest cryptocurrency moved back above $23,000. Recent daily candles and the relative strength index suggest the bullish momentum is cooling. The bulls will try to push the BTC/USDT pair above $24,263 and challenge the $25,000 price level. However, if the price turns down and drops below $23,000, the BTC/USDT pair could find support between $22,800 and the 20-day exponential moving average ($22,605). Today’s Cryptocurrency Headline Lido Announces V2 Upgrade Plan Lido, the liquidity staking protocol, announced the V2 upgrade plan, which will allow stETH holders to withdraw directly from the Beacon Chain at a ratio of 1:1. Additionally, Lido announced a new feature called Staking Router, A new modular architecture that allows anyone (incl. solo stakers) to become a Node Operator. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
1
Outlook on BTC ( 5/2/2023 ) Swing trade has been a success as of today since longs was called out in late November leading into December. Using BTC as reference to all other crypto coins, we are up a solid 48.65%. Do i believe we will continue higher ? yes i do. Fundamentally the market sentiment has just started to shift. The relieve rally that we are experiencing now was expected but will be short lived. My ideal take profit levels has been stated above and i would not mind scaling out alittle at its current price point as we are having slight exhaustion due to a technical reason of BTC being at a major resistance now. Upon a break of this level would give us another leg up which will ideally hit our take profit targets as marked up above. With both fundamentals and technical aspects showing us a bullish bias, i would only shift and scale out all my long positions if there is a fundamental shift. Which i do believe will happen but only in the mid year. ( likely recession ) I may be wrong hence scaling out and bagging alittle profits at current price is a good idea.
BITSTAMP:BTCUSDLong
by CJ_GOLDPIPS
5
Bitcoin -> More Potential To The UpsideHello Traders, welcome to this free and educational multi-timeframe technical analysis . Over the past four weeks, Bitcoin had a massive rally towards the upside, rejecting the very strong psychological 16.000 area. I mentioned this rally towards the upside over and over again, since Bitcoin was also retesting the previous all-time-high of the last crypto cycle in 2018, which is now turned very strong support. Considering that crypto pumps can last longer than most people think, I am now just waiting for a classic break and retest from a daily perspective to go long on Bitcoin. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
Long
by basictradingtv
25
bitcoin's first green monthly heikin-ashi candlehistory seems to suggest that bitcoin's first "green" monthly heikin-ashi candle following 12 months+ of absolute carnage marks the birth of a new bull cycle. it is important to note that this does not indicate the bear market's bottom, but rather a decent confirmation that we are currently transitioning out. the recent print of january 2023's green heikin-ashi candle may very well be a positive omen suggesting where we're all headed in the not so distant future credit to ben cowen of intothecryptoverse.com, who seems to be the first individual to discuss using monthly heiken-ashi candles as a tool to understand where we stand in any part of a cycle.
INDEX:BTCUSDLong
by gapandsnap