BITCOIN 23May2023BTC hasn't shown any significant bullish movement in the last 7 days, looking at the charts that tend to be sideways. The elliot wave notation shows it is still in the wave 2 area, I can't predict how long this correction will last, but when you are an investor, maybe now can be a reference to buy BTC bit by bit
Btctrend
BTC trading signal analysis
Just like the analysis I gave you earlier, we successfully achieved our expected profit target in the last trading cycle.
The current trend of the market is relatively stable. I judge that there will not be much volatility in the short term. Friends who have already made a profit in the last trading signal can consider choosing to short at the right point.
Specific trading strategies:
BTC:sell@27500-27600 TP26600-26400
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. If you need signals, join me as soon as possible!
BitcoinFor the first time in a long time, the price of Bitcoin has moved out of the channel range. In order for it to return to the channel, something significant and positive needs to happen in the market that would trigger a pump. Currently, we only see a potential interest rate increase, possible rise in the dollar index, and discussions about recession and ways to solve these issues. There is no talk yet about risk-on assets. These factors lead to the thought that there may be a final short squeeze before a downward movement or an immediate downward trend. If we look at previous summer months, they have often been associated with a decline. What are your thoughts on this?
BTC/USDT BinanceBTC/USDT Binance
4H hollow candlesticks
Since mid-March, a sideways movement continues between $25860 and $31000 as an All-Time High (ATH).
In the present phase, a symmetrical triangle has been formed, where a price breakout is expected soon.
The Support area occurs from the extension of the golden ratio of the last Fibonacci retracement.
The Resistance area occurs, if we reverse the golden ratio of extension of the Fibonacci retracement starting from 15/03/2023.
Another conclusion, is that the price is expected to fluctuate within the Descending triangle that has been formed since 06/05/2023, until the price breakout occurs.
Finally, a hypothetical scenario is that the price may follow the slightly resized footprint (Bar Pattern), of a previous price movement (fractal).
Bitcoin (BTC) = $26,928.54 -0.54% (1d)
Market Cap: $1,126,847,982,844
24h Vol: $30,866,809,616
Dominance:
BTC: 46.3%
ETH: 19.4%
Good Luck
#CryptoHellas Team
long-term TPI update on BTCAs of right now, on the long term, BTC isn't looking as strong as it did at the start of this rally. We were neutral until the 13th of may, where we entered a bullish TPI score (above 0.2)
This TPI strength isn't conclusive, and I still think there is a big risk of us going down slightly. Expect market to be ranging for the next weeks
bitcoin short 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-24 MONTH PRICE EXPECTATIONSHalving History Performance
A zoomed in view of yesterdays chart. The chart below illustrates the two prior halving cycles fractals 1 year pre & post the halving date.
Whilst past performance is no guarantee of future returns, the chart can help us frame the 24 month period ahead of us and give an idea of reasonable price expectations.
Reasonable Price Expectations
May 2023 - April 2024:
$19,150 to $44,284
(Average $31.7k)
May 2024 - April 2025:
$28,790 to $86,000
(Average $57.4k)
bitcoin short setup BTCUSDT SELL Now
price now is: 27500$
Sl: 27800$ , -300$
Tp: 26900$ , +600$(1:2)
TP2: 26500$ , +1000$
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/USDT ANALICESbtc
Currently, it is stuck in the range of 26,900 to 26,600, it will break from either side and move in the same direction. In my opinion, it will either fall from the 30-minute order block, or it will go up and fall from the $27,100 order block, which is more likely to happen.
If it falls, the targets will be 26600 / 26500 / 26160 / 25900
In general, my opinion is on the decline.
BTC FALL BASED ON GAP AND H&S AND TRENDLINE.The good thing that is happening is that the head and shoulders pattern has been confirmed and the acceptance of the fall of Bitcoin has become accepted in the society and the fall will definitely continue until the trend line.
TP1@25381
TP2@20486
1. H&S CONFIRMED.
2. TRENDLINE CONFIRMED.
3.MARKET READY AND ACCEPT FALLING.
Btc short to 12295 $ ( Daily chart )Hello guys....
12k not Toch in before bullrun and The price of 12,000 dollars was touched only once in the last bull market and it is a very attractive price for whales. Note that too many untouched balances may have price reverting to them.
This time, we may see very low prices before the halving of Bitcoin miners' rewards, and after a year or two after the halving, we will see the highest prices.
Do you think the bat can catch the worm first or an eagle can have a wider choice between fish, rabbit and mouse.
So some sellers may be hunted by eagles because the price of 12,000 dollars is more attractive! Always thinking like whales will increase the probability of success. So before the rewards are halved, we see a lowest price and the whales buy their currencies from the hasty people and sellers.
I love you, be profitable and happy
Will $BTC Break through? (NFA)Will CRYPTOCAP:BTC Break through?
For those keeping an eye on Bitcoin's price movements, it can be difficult to predict what's next.
There are a few factors that could impact BTC's future price movements.
On the one hand, if large institutions continue to invest in Bitcoin and positive regulatory developments for Bitcoin continue, it is possible that BTC could break above $30,000 again.
However, if there is a general downturn in the cryptocurrency market sentiment and demand for Bitcoin decreases, BTC could fall back down to the $23,000-$25,000 range.
Keep an eye on these factors and stay informed as Bitcoin's price movements can be impacted by a variety of factors.