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Btcbullish

BTC: Potential short term upside - Reverse Head and ShoulderChart = BTC/USDT; 1 HOUR; COINBASE ANALYSIS = Reverse Head and Shoulders pattern suggests upside, it's not the cleanest pattern but has the three main points. TARGET = Target would be approximately 37.7k TIMEFRAME = Would be very soon, approximately 24 hours for a strong push up, it could flatten out before making it's move but if longer than 48 hours the pattern is probably invalid. Let me know what you guys think, like if you agree and comment to share your thoughts. Many Thanks, Casey *DISCLAIMER: NOT PROFESSIONAL ADVICE.
Long
by cmpkpersonal
USDT.D UPDATE! A RELIEF RALLY INCOMING SOON IN THE MARKET!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this USDT DOMINANCE update. Why, I'm expecting a relief rally in the market? Here's the reason- 1) USDT Dominance is trading inside a channel in the 8hr time frame. Currently, it is rejecting from the upper trendline of the channel which is a good sign for the market. 2) Last two times it's got rejection from the same level so I'm expecting the same this time also. 3) It is forming a bearish divergence in RSI. If we get the prefect rejection from here then we have an important support level at 4.30-4.44 level (BTC $44k-$48K) which is a very crucial level. If we break this support level then we expect a big pump in the market. Let's see how this goes. If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
CRYPTOCAP:USDT.DShort
by CoreCrypto1
4
Was Bitcoin’s Dip Below $40,000 The Ultimate Bear Trap?Bitcoin's (BTC) price had a sudden break below the $40,000 significant psychological level, but the sell-off was short-lived, and the decline was quickly reversed. Investors are now asking whether the dip below the round number was the ultimate bear trap. Bitcoin Bear Trap? In technical analysis, the bear trap occurs when the market sells-off traps traders in believing that the uptrend is over and a possible reversal is underway. In a bear trap scenario, the price often breaks below a support level or a key technical point. The bears got the break below the $40,000 critical level, but so far, they definitely got burned by betting on the Bitcoin price crash. The technical landscape can give us more clues about whether BTC can hold above $40,000. Stochastic Oversold First, the stochastic oscillator bounced from oversold reading, and it expanded higher along with the price. Secondly, we have a hidden bullish divergence between the stochastic oscillator and the price. The hidden bullish divergence is a bullish reversal signal that occurs when the price makes a higher low while the indicator makes a lower low. Should BTC's price continue to rally out of its low, the following essential resistance level lies closer to March's high of $48,240, followed by the $50,000, the next significant milestone.
BINANCE:BTCUSDLong
by cryptohopper
#Bitcoin May Rally to $48.3k, BTC Reverses From a Critical LevelPast Performance of Bitcoin Bitcoin is printing higher highs when writing, reversing last week's losses. Currently, the coin is up five percent in the previous trading week. It could also blast above April 11 highs, canceling the bear breakout of early last week. Based on the layout in the daily chart, buyers have the upper hand. However, a close above immediate liquidation level is required for a clear trend definition. Bitcoin Technical Analysis #BTC found support at the 61.8 percent Fibonacci retracement level of the Q1 2022 trade range before printing higher to spot rates. The level is a vital reaction point. Historically, reversals from such levels may see prices retest the swing high, which is around $48.3k. Accordingly, Bitcoin risk-off traders may search for entries, especially if there is a conclusive, high volume close above the trend-defining April 11 bear candlestick. In that case, BTC could quickly explode above $44k towards $46.5k and later $48.3k as buyers resume the primary trend. What to Expect from Bitcoin? #Bitcoin prices are bouncing from a critical reaction point and may likely inch higher as the upside momentum develops. Based on the BTCUSDT technical analysis, the upside has the backing of traders. As such, the coin may unwind the losses of early last week as BTC's fortunes change. Resistance level to watch out for: $42.5k Support level to watch out for: $40k Disclaimer: Opinions expressed are not investment advice. Do your research.
Long
by Bitcoin_Analyzer
BITCOIN when do the BEARS WIN?What's up everyone! 😃 The answer depends on many factors and we will be looking at a couple of different ones in the form of price acion patterns, indicators and reracements. ------------------------------------ Part 1: The Daily Chart; Channel life, the daily SMAs/EMAs and the trend's Fibonacci levels. - The Daily SMAs 50: 41.8k 100: 41.6k 200: 48.2 - The EMA Ribbon 20 Day EMA to Day 60 EMa 44k-43kk - The ascending channel Top: 48.300-48.600 Bottom: 38.400-38.800 - The trend's (32.9k-48.2k) Fibonacci retracement 23.6: 44.6k 38.2: 42.4k 50.0: 40.6k 61.8: 38.7k 65.0 38.3k 78.6: 36.2k ------------------------------------- Next Strong Support (lower green circle): - 50&100 day SMAs - The 38.2 level on the trend's Fibonacci retracement = 42.4k-41.6k Next Strong Resistance (upper green circle): - Daily EMA 20 - 23.6 Fibonacci level = 44k-44.6k ------------------------------------- Trend support (lower red circle): To stay in this trend that we are in since January now in form of this ascending channe, we need to hold the bottom of the channel as a worst case scenario. The good news is that there is more support in that area: - Ascending Channel support - 61.8 & 65 Fibonacci levels = 38.3k-38.7k Trend Resistance (upper red circle): (confirmation to the upside with daily close above) - Ascending channel resistance - 200 day SMA = 48.2k - 48.6k ------------------------------------- Conclusion: - The bears start winning if we fall below 41.6k and they officially start to take control below 38.3k - The bulls start seeing a reversal to the upside above 44k and start to take full control above 48.2k ------------------------------------- I would like to add that this post is meant exclusively for educational purpose and that non of my posts are financial advise. As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! 😃🙏 Happy Trading ✌♥📈
by DeFeye
1
BTC Preparing for TAKE OFFHello everyone, if you like my analysis don't forget to give us a follow. I am predicting BTC to be rising in value as we recently got back in the 2T market cap range, more and more fiat is flooding into BTC currently. From both fundamental and technical stand point, BTC is looking very bullish . The 46k Correction was absolutely essential for this ascending channel being formed. We need to see BTC finally break this key resistance that 200 MA is serving as. Once we break this level, i am predicting we will reach 50-52k BTC range. ATR value is rising everyday, currently sitting at approximately 1800, which means market is quote volatile. Margin traders should approach with caution.
Long
by raycartier
#BTC/USDT WEEKLY UPDATE BY CRYPTOSANDERS Welcome to this quick BTC /USDT WEEKLY analysis in the chart I have tried my best to bring the best possible outcome in this chart. Hello folks, Welcome to our Btc /Usdt weekly update, As I told you in the previous chart it will bounce from the lower trend line and it bounced well.` As we can see that btc is trading inside the channel pattern from 15th March 2021 to 10th May 2021 btc was in an uptrend and from 10th May 2021 to 12th July 2021 was in a downtrend. After that Btc bounced on 19th July and moved up till 8th November 2021. After that, we saw some correction in the market and a downfall till 17th January 2022. After the 17th Jan market is still in a sideways move. According to the current scenario, I think Btc will move in a sideways trend till 21st March 2022. After that, we can see bullish movement which can continue till 11th July 2022 according to this chart and also can claim the new ATH. As we all know that in 2024 btc halving is going to happen. so we can assume that the market will bounce on the 3rd week of March and we can see a good rally. This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
by CryptoSanders9563
BITCOIN 360k+ Update!Happy Saturday Everyone! 😃 It's been a little over two weeks since my "crazy" post and video where I spoke about why I think that Bitcoin could reach 165k to 360k before we break the uptrend on the larger time frames and fall into a full on bear market. The original Idea and the follow up video got a lot of traffic and I want to thank all my new followers and @tradingview for the support! 😃🙏 I decided to post an update here on the Monthly BTCUSDT chart for better visibility. Original Idea: "...The Idea is simple, as you can see BTC has never fallen below the 200 Week SMA (black line), not even during black swan events like the start of the pandemic in 2020 ... Bitcoin hasn't found the top yet as an 85% correction from the current 69k top would take us to about 10k and we would have to break the 200 week SMA which as previously mentioned, has never been broken. Hence a result, to imitate the behaviour of Bitcoin during and after the ATH's in 2013 and 2017, BTC would have to rally to about 165k before dropping back down to the 200 week SMA..." Update: - The average correction after reaching a new ATH was 83% from top to bottom since 2010. - 360k+ is more likely than 165k top since the weekly 200 SMA reaches 60k+ (rough estimate) after BTC reaches a top of 360k+.. - All ATH's since 2010 are taken into consideration. Stay tuned for my Bitcoin update video 🎬, where I will discuss the most bullish path to reach those targets of 360k+ ! 📈 I would like to add that this post is meant exclusively for educational purpose and that non of my posts are financial advise. As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! 😃🙏 Happy Trading ✌♥📈
INDEX:BTCUSDLong
by DeFeye
13
BITCOIN 165k before 22k!Happy Sunday Everyone! 😃 This is a mid to long-term bullish scenario for Bitcoin. The Idea is simple, as you can see BTC has never fallen below the 200 Week SMA (black line), not even during black swan events like the start of the pandemic in 2020. We can also see that after the previous ATH's in 2013 and in 2017 , the price dropped roughly by an average of 85% . The conclusion of this idea is that Bitcoin hasn't found the top yet as an 85% correction from the current 69k top would take us to about 10k and we would have to break the 200 week SMA which as previously mentioned, has never been broken. Hence a result, to imitate the behaviour of Bitcoin during and after the ATH's in 2013 and 2017, BTC would have to rally to about 165k before dropping back down to the 200 week SMA roughly between 25k and 22k . I would like to add that this post is meant exclusively for educational purpose and that non of my posts are financial advise. As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! 😃🙏 Happy Trading ✌♥📈
INDEX:BTCUSDLong
by DeFeye
169
165k BITCOIN Prediction Too CONSERVATIVE?!Happy Monday Everyone! 😃 The title says it all, I'm going over my very controversial chart from yesterday where I predicted a 165k top for BTC . I will post an updated more detailed version of the chart in the coming days. Please make sure to check out my other posts too if you liked this one! And finally a massive THANK YOU to all of you new followers and THANK YOU to @TradingView for publishing my post on to the front page of the website! 🙏🚀😃📈 I would like to add that this post is meant exclusively for educational purpose and that non of my posts are financial advise. As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! 😃🙏 Happy Trading ✌♥📈
INDEX:BTCUSDLong
by DeFeye
127
BTC Wave-by-Wave Analysis 2: Bullish ScenarioThe recent pump of BTC from 37k to 44.2K is a clear sign of an impulsive wave, however, the internal counts of the said pump are not yet completed. I am projecting a 5th wave extension of the third wave 44.8K-46K zone which will also challenge the 45.8K horizontal support. When these zones are reached I am expecting a retracement of the completed 5th wave extension of the third wave that can go as low as 39.4-41.4K which is also supported by the volume going down. Invalidation of the 5th wave is at 37948 and will be confirmed when it goes down below 37K. Although, I have chosen neutral here for I am only expecting a mini pump but in the higher timeframe, I am still bullish unless my technical analysis gets invalidated.
by jaorcine
1
BITCOIN Weekend Zone!Happy weekend everyone! 😃 This is where I see BTC this weekend, it's all in the charts, but I would like to add that the fact that stock markets showed a solid performance on Friday, and that shows up in the form of bullishness including higher lows on the smaller TF BTCUSDT charts. That is what leads me to believe that we won't reach the bottom support here just yet and aremore likely to stay above the 35k area throughout the weeken. On the upside I expect a few attempts to break up above the 38k resistance , but as for now I don't see enough volume to take us above 39k to a high maximum of 40k . I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advice. Make sure to check out my video 🎬👇 from yesterday where I speak about everything more specifically including larger TFs : Thanks for stopping by, I hope you liked my post, and if you did, please drop a like or comment, it helps me to improve my ideas and puts a smile on my face! 😃🙏
by DeFeye
3