BTC ready to go back 27k in next 2weeks4h time frame
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BTC still creating a falling wedge.
With this time structure.
We will see 27000 around June 20th.
Then can judge breakout wedge to 32000 or get rejection again.
Btctrend
50d 200d Moving Cross just happened for BitcoinAs you might have noticed, Bitcoin has had a popular 50d 200d moving average cross, establishing a new support level. This strongly indicates that the market trend is moving upward, and it's an excellent opportunity for traders to consider positions.
Additionally, the RSI is at an optimal time for entry, meaning it's a great time to buy Bitcoin. With the combination of the moving average cross and the RSI, we can confidently say that the market is in an excellent position for traders to make a profit.
As a fellow trader, I encourage you to consider taking a position in Bitcoin. The market trend looks favorable, and it's an excellent opportunity to profit. Don't miss out on this chance to increase your trading portfolio.
$BTC SHORT TERMUPDATE FOR CRYPTOCAP:BTC CHART FOR SHORT TERM
CHART 4H
(It is not financial advice, And don't enter before see PRICE ACTION)
GOOD LUCK
BTC momentum builds as it goes beyond 27000 targetToday, the Relative Strength Index (RSI) for Bitcoin is at a healthy 53.7, indicating that the cryptocurrency is in a strong position to continue its upward trend. Bitcoin is already strengthening and moving towards rising Fibonacci levels, breaking through its target of $26303 and heading towards its upper next level of the target at $27037.
This is fantastic news for those of you who are interested in short-term investing in Bitcoin. With the cryptocurrency showing such promising signs of growth, now is the perfect time to consider taking advantage of this opportunity.
So, if you're a Bitcoin Maxi Trader looking to make some quick gains, I encourage you to take a closer look at Bitcoin and consider investing in it today.
Thank you for your time and attention, and I hope you have a wonderful day!
Potential Bitcoin Price IncreaseI wanted to bring to your attention a potential increase in Bitcoin's price. Currently, the relative strength index (RSI) of 14 days is hovering around a ceiling of its own at 50.00. As of now, the index is tracking at 49, and BTC is attempting to break into the $26,000 mark.
If the bulls manage to move beyond the obstacle on the RSI, there is a strong chance that the price will climb past $26,300 with relative ease. This could be a great opportunity for those interested in investing in Bitcoin.
Please let me know if you have any questions in your comments.
Could BTC double market dominance according to Michael Saylor?For those who may not know, Michael Saylor of MicroStrategy, a business intelligence company, recently made headlines for investing over $1 billion into Bitcoin. He's been a vocal supporter of Bitcoin for years and has even written a book about the topic.
So, what did Michael Saylor say that has us so excited? In a recent interview, he stated that he believes:
"Stablecoins, crypto derivatives, and tokens will become less popular, according to Saylor, who claims that Bitcoin is the only widely accepted digital good that regulators are prepared to accept. His prediction is based on the idea that as regulators tighten their control over the cryptocurrency market, many crypto-assets will either be outlawed or lose their relevance, leaving Bitcoin to command attention."
cryptonewmedia.press/heres-why-bitcoin-will-double-its-market-share-according-to-michael-saylor
This is incredible news for those of us who have already invested in Bitcoin, but it's also a call to action for those who haven't yet. If you're on the fence about investing in Bitcoin long-term, now is the time to consider it seriously.
Of course, as with any investment, there are risks involved. But with Bitcoin's track record of growth and adoption and the support of industry leaders like Michael Saylor, the potential rewards far outweigh the risks.
So, let's take this opportunity to celebrate Bitcoin's success and look forward to an even brighter future. And if you haven't already, consider investing in Bitcoin long term.
BTC broke through 50 day moving average for continue drive up I wanted to bring to your attention the recent Bitcoin (BTC) movement after today's inflation report in the United States. BTC has moved back above the $26,000 level, following a low of $25,686.04 at the beginning of the week. Today, BTC/USD reached of $25800.
It is worth noting that the 50-day moving average will need to shift course and divert away from its current downward path in order to maintain this positive trend. The current price has been achieved.
I thought this information may be of interest to you and wanted to keep you informed.
BTC is poised for more losses shortly.
As you may already know, BTC has recently struggled to maintain its value. The price has been fluctuating wildly, and the bears seem to be in control of the market. Unfortunately, this trend will likely continue, and we may see even more losses in the coming days.
Unfortunately, BTC seems to have fallen below its 50-day SMA and is currently facing resistance at 26k. Monitoring these trends and adjusting your strategy is essential as a Bitcoin trader. Check out the current BTC price below the 50-day SMA and consider your next move.
It seems that Bitcoin has fallen below the 0 Fibonacci level. As a result, it may take a lot of work for bitcoin traders. However, I suggest keeping an eye on BTC below 0 Fibonacci level for those interested in potentially buying at a lower price.
This news is difficult to hear, especially for those who have invested heavily in BTC. However, it is essential to remember that the market is constantly changing, and there will be opportunities to make up for these losses in the future.
In the meantime, I encourage you to oversee your BTC trading. Keep a close eye on the market and be prepared to make quick decisions if necessary. Remember, it is always better to be safe than sorry when trading.
BTC/USDT ANALICES💲Bitcoin is slowly approaching the 4-hour order block in the one-hour time frame. I think it will reach it in two or three days, and the bit can be bit-dumped from there.
🛑 I marked the only scenario I have with an arrow on the chart.
🔴Taking long positions is risky now.
Short to medium term opinion for BTCIn terms of technical analysis, I expect this. According to the available news, I consider this to be more likely. 💲💹📈
Bitcoin is having a blast this year! Are you in?I hope this idea finds you well and your Bitcoin wallets even better! We all know that Bitcoin has been on a rollercoaster ride for the past few years, but it's been nothing short of amazing this year. Yes, you heard it right! Bitcoin is having a great year, and everyone must admit it.
From January to April, Bitcoin has increased by over 100%. That's right, folks! 100%! And it's not stopping there. With the recent market trends, it's safe to say that Bitcoin is on its way to the moon.
I know some of you may be hesitant to jump on the Bitcoin trading bandwagon. But let me tell you; it's not too late to join the party. It's never too late to start trading Bitcoin. You only need knowledge, passion, and a reliable trading platform.
So, here's my call to action for all of you. If you haven't already, consider Bitcoin trading. Trust me; it's a world of fun and profit. And for those already trading, keep up the good work, and let's enjoy this Bitcoin boom together.
In conclusion, let's all raise a glass to Bitcoin's great year so far. Cheers to the future of Bitcoin trading, and may we all reap the benefits of this digital gold.
BTC/USD (Bitcoin) - 6 Month Uptrend Support Level Test - DailyBitcoin (BTC/USD) price has been downtrending inside a falling wedge pattern for the past 3 months.
Price is currently below the 6 month uptrend support trendline, and is testing the $25000 zone.
If the Bitcoin price closes and continues to fall below $25000, the 6 month uptrend could be at risk.
The next one to two months of Bitcoin price action will likely determine if the uptrend continues or not.
Support Price Levels above $25000 to $20000 must hold for the uptrend to continue in 2023.
Support Price Levels: $25000, $23000, $21000, $20000.
Resistance Price Levels: $27000, $28000, $29000, $30000.
Weekly and Monthly consolidation of Bitcoin was likely due to negative catalysts such as: SEC and CFTC lawsuits against USA crypto exchanges, crypto regulation changes, inflation, decline of metals and commodities, low consumer sentiment, regional bank crisis, recession risk, etc.
BtcAccording to the high-pressure selling behavior that we observed and according to the previous analysis that we did, in the first step, the first resistance ranges of Bitcoin are the numbers with red lines, which if it cannot be crossed, in the first step, it Two green lines and in the next step, a green box has been marked
Could BTCUSD hit 30K in the next few weeks? Dear Bitcoin Maximalists,
I have some exciting news to share with you today that I think you will find interesting.
According to a recent report by a top analyst, Bitcoin is on track to hit its all-time high (ATH) by 2023. This means we could be in for another massive bull run in the coming years, and those investing in Bitcoin now could see huge returns.
I know many of you are already big believers in Bitcoin, but for those still on the fence, I encourage you to research and consider investing in this exciting and rapidly growing asset. Bitcoin has proven to be a valuable and resilient investment over the years, and there is no reason to believe it won't continue growing.
So, let's all keep an eye on the market and stay optimistic about the future of Bitcoin. And if you haven't already, I encourage you to research and learn more about this exciting asset and its potential.
BTC LONG SHORTBased on today's classical pivot point (P1) with the value of $ 27,109, Bitcoin has support levels of $ 26,906, $ 26,750, and the strongest at $ 26,547. Similarly, Bitcoin resistance levels are at $ 27,264, $ 27,467, and $ 27,623..
Get Ready for the Bitcoin Bull Run - 30K Target in Sight!Today, I come bearing some exciting news for all of you who have been following the Bitcoin market closely. As you may already know, Bitcoin has been on a steady rise over the past few months, and we are now looking at a 30K target in the short term.
Yes, you read that right! The Bitcoin bull run is here, and it's time to get ready to ride the wave. With the market showing bullish solid signs, now is the perfect time to invest in BTC and reap the rewards of this incredible opportunity.
As a Bitcoin trader, I have closely monitored the market trends and analyzed the data to develop this prediction. And I can confidently say that all the signs indicate a significant increase in Bitcoin's value shortly.
So, if you want to make quick profits in cryptocurrency, now is the time to act. Don't miss this golden opportunity to invest in BTC and watch your portfolio grow.
In conclusion, I urge you to take advantage of this exciting prediction and invest in BTC today. With the 30K target in sight, the profit potential is enormous. So, let's join hands and ride the Bitcoin bull run together!
💥 BTCUSD 1D-TIMEFRAME ANALYSIS💥 BTCUSD 1D-TIMEFRAME ANALYSIS
💗Hello ladies and gentlemen
This is my new idea for 💥 Bitcoin
I hope my idea is clear
Support me by like and share thank you
Stay Safe💯💲💲💲
Good luck💰😍
Does volatility and other limitation hold back BTC?Today, I wanted to bring up a topic that has been on my mind for a while now. As you all know, Bitcoin has been the king of the crypto world for quite some time. However, have you ever wondered if BTC hinders its own performance in the long run?
While Bitcoin has a lot of advantages, it also has some limitations that could potentially hinder its long-term performance. For example, the limited block size of Bitcoin's blockchain can lead to slower transaction times and higher fees during peak usage periods. Additionally, the lack of flexibility in Bitcoin's codebase can make it difficult to implement new features or upgrades in a timely manner.
I'm not saying that Bitcoin is doomed to fail, but I do think it's important to question its long-term performance. As Bitcoin maximalists, it's easy to get caught up in the hype and overlook potential issues. That's why I encourage you to take a step back and consider the bigger picture.
So, let's start a conversation about the future of Bitcoin and its long-term performance. What do you think are the biggest challenges facing Bitcoin? How can we address these challenges and ensure that Bitcoin remains a strong player in the crypto world?
I look forward to hearing your thoughts and opinions on this topic. Let's work together to ensure the long-term success of Bitcoin!
BTCUSDT ➡️ TR prz Bitcoin in TR PRZ price is fluctuating,
🌐 my opinion about its price movement is to see lower floors,
according to the price gap of a few percent yesterday, this analysis is more confident than before.
make money 🔥
❌❌❌ What do you think about the Bitcoin price trend? Share with me ❌❌❌
bitcoin long setup Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
$BTC SHORT TERMHonestly I don't like to update CRYPTOCAP:BTC In the short terms
But for now I see that the price make liquidity sweep if break 27098.28
So here we should looking for short not long as other people do.
And if the price doesn't break it We will stay in up trend, And the price will go
to next OB>>
So Good Luck And take care For Your Trade.
BTC.D still building up and 40K target remains.Haven't shared this in a while. This is a 3D Wyckoff BTC.D Accumulation chart. And we have been in the final climax buildup zone for a while, and whenever we go to 3D Breakout resistance line at 49%, we dump and whenever we tap the Buildup Support line at 47%, we pump. So, nothing has changed from this perspective, and we can pump to 40K as per this.
Just to be clear I am not saying we will rally to 40K, it's just I have been tracking this chart since BTC entered the 3D build up zone and 40K is a target I had based on this chart and so far, nothing has changed.
Another interesting thing to note here is the volume divergence, In the chart to the bottom which shows btc price I have highlighted the Volume supported move in yellow lines and volume divergent moves in blue, the previous volume divergent move gave us a bottom at 15K, and we are again seeing the same volume divergence with this dump from 31K.
Again, this does not mean we are about to pump; the volume divergence can continue for a while (Weeks and months) there is no technical limit to it, but we usually see a pump if we see a level hold for a long time with volume divergence.
What is volume divergence?
Volume divergence takes place when we see volume in a downtrend when an asset is trending. So whatever trend the asset is in, up or down we want to see either volume go sideways or up with it , but if we start to see volume go down with a trending move , that's divergent volume , it means less and less people are willing to participate in the current trend which ultimately lead to complete exhaustion of people from the trend and a reversal follows with volume convergence.
The Bitcoin 5.3 Theory The Bitcoin 5.3 Theory
The Bitcoin 5.3 Theory was discovered and propagated by Steve Courtney of Crypto Crew University.
I wanted to create a chart that explained how the The Bitcoin 5.3 Theory works visually without to much complication.
- The BTC 5.3 Theory has had an accuracy of 94% - 99% at predicting the Bitcoin All Time Highs (ATH) to date.
- As shown in the chart the formula is as follows: Last Cycle Price Increase ÷ 5.3 x Price Low = Percentage increase to the next ATH.
- I have shared a spreadsheet showing this on another platform, regardless the chart illustrates it.
- The current projection is approximately $77,005 for the next ATM which is lower than what a lot of people are expecting.
- The $80,000 level should be a focal point for us all factoring in the 100% long term Fibonacci extension level from the March 2020 lows is also $83,000.
If you note any error or changes required please let me know, I have tried to get this as accurate as possible
Puka
