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Bitcoindollar

Bitcoin, Last Day Of 2021This is how started and how ended. On the last day of the year, Bitcoin has several supports: + Long term trend line (Since March 2020) + 200 MA + Midline of channel (see it in chart) + That green line (see it in chart) - Bitcoin on-chain data don't have good news - Any support can be broken BTC price is stuck between this two levels (51900 - 45500) This is my idea: If 52k breaks, I'm bullish but if 45500 breaks, I imagine 40 and 30. Price is in wave C of wave 4th. After that I expect the bullish fifth wave I could be wrong.
by bearofwallst
BTC Bitcoin: 1D Chart UpdateHello friends, today you can review the technical analysis idea on a 1D linear scale chart for the Bitcoin (BTC). The chart is self-explanatory. If Bitcoin price continues upwards and does not fall below the support trendline, there may be potential for the price to go higher. The RSI complete a re-test of the support line and is moving higher. This may also help the price increase. Lastly, the price is at the edge of the green Ichimoku Cloud. If price does not get deeper into the cloud, it may get rejected and fall lower to the bottom support trend line. In the related ideas below I discuss the EMA Ribbons and 200 SMA. Please review those as well to get an idea of what is holding the price down. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
COINBASE:BTCUSD
by MillionaireEconomics
Bitcoin Bullish Engulfing | Correction over? This week’s candle has probably decided the potential move of Bitcoin in the next few weeks/months. According to the last two correction cycles, we have seen the end at a bullish engulfing of the weekly candle. This is what we are seeing right now. We have got a confident close above the previous candle. Also, after the last two reversals, we have seen 47-50% move towards the upside. I am going to predict that we will see another 50% move up to 76000$ (or even more).
Long
by luxorif
2
MY DAILY BITCOIN CHARTI won't be here for a while because my exams are approaching, I know I don't have a follower, but I think I can do good things according to my age and experience (I'm 17 years old, my experience is about 1 year) I wanted to make a small contribution to hundreds of analyzes, I hope it will be useful to you. I would be very happy if you like my work and follow me. (I would be very happy if you leave a comment) It is not investment advice. have a nice day BINANCE:BTCUSDT
BITSTAMP:BTCUSD
by arhanhelvaci
1
BTC the last hopeBINANCE:BTCUSDT ✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it. Thank you. Possible Targets ➡️Retest downtrend line on fib (dots line on chart) 44300 ➡️If we are not hold this price next point it a 0.23 lvl by fib and 37500 ➡️If we are going over 0.5 level by fib 49000 and hold this price we will have a chances to see retest 57500 (0.78 FIB) In global if we walk from level to level I think we can go to 0.78 for sure and in this zone we will see the confirmation Bull run or we are reject and going to 24K Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. Don't forget sub and join my channels under this idea!
by Crypto4light
Bloody Christmas? [Bitcoin and Altcoins with unusual movement]Hi. Looking at some on-chain data on several blockchains, we have an unusual movement. Price Drawdown from ATH The percent drawdown of the asset's price from the previous all-time high. When the value is equal to zero, we have no drawdown. When it is less than zero we have a drawdown multiplied by 100 (percentage). When the indicator hits the top several times at zero value, it indicates a lot of profit taking. And when it reaches a value less than -0.50, it indicates a lot of loss taking (a huge drawdown). Since nothing lasts forever, either for good or for bad, this indicator serves to demonstrate the exhaustion of both sides, bulls and bears alike. What the graphic indicates: now a maximum drawdown of 100% has been reached since the last all-time high. Surprisingly, this was higher than the historical value of -0.92 in November/2011. What can we interpret from this abrupt drop? Perhaps market players agreed to divest their positions at any cost to avoid further losses. But looking back, the deeper the better the price to buy. Mean Transaction Fees in USD The total amount of fees paid to miners. Issued (minted) coins are not included. High fees mean paying to perform a transaction at any cost! When rates peaked, the price fell shortly thereafter. Will it happen again? I do not know. Mean Transfer Volume in USD The mean value of a transfer. Only successful transfers are counted. Looking at this indicator, when we have an increase in volume, we have a price increase. And when we have a decrease in volume, we have a drop in price. Right now we have a trend towards increasing volume. As with the fees indicator, we had a peak in this volume, and generally after that we have a drop in price. Conclusion Caution is required. The on-chain data is diverging. The Price Drawdown indicates a great time to buy, because when it reaches the maximum drawdown, right after the price goes up. On the other hand, unusual transfers and fees indicate a possible downward movement. However, it should be noted that it is not because an event occurred in the past that it will necessarily be repeated in the future. These indicators are just an auxiliary tool. The best indicator that exists is the price itself, and it will tell us what will happen from now on.
INDEX:BTCUSD
by andre_007
1
BTCUSD: News for bears and bulls: Here we are!Hello my friends! Here is a post about the status quo. For everyone, for bears and bulls. For Hodler like me, the situation is nothing special. I am still bullish. But for everyone else, the info might be interesting. So, where do we are? The key question is, was 69K our 5. If the support (yellow box) holds, then it was not the 5! We are just at a very important support area that needs to hold: The Support line (down from the 3), the daily 350MA and the 0.236 from the Trend Based Fib. For such post I choose only the price line in the weekly chart. Here, all extreme movements are hidden. If all the strong supports do not hold, then another correction around the red trend band (0.618x350MA) is possible. Currently, however, everything is still okay. The closing price of this week and next week are key. Lets cross our fingers! :-) -- Let's see what happens. Happy trading. :-) BTCINVESTING -- My Post from Dec4: "BTCUSD: And another bad news for bears: buy the dip!" My Post from Jun7: "BTCUSD: Another bad news for bears!" My Post Apr 15, 2019 (2 year ago!). I was one of the first btw. ;-) --
INDEX:BTCUSD
by BTCINVESTING
20
Bitcoin BTC/USD AnalysisBTC has found support on the 200 DMA (at approx. $46.7k), 34 W-EMA (at approx. $48.8k) and 50 weekly SMA (at approx. $47.4k) which is a very good sign for the short & intermediate term. It looks like a completed wave 4 correction with an aggressive C-wave which wicked down to $43 and that wave 1 of superordinate wave 5 has now started. Also oscillators on the 1D time-frames show green lights. Also some oscillators on the 3D TF begin to turn bullish again :-) BTC price targets: TP1: $52.8k TP2: $54.2k TP3: $57.5k TP4: $59.2k SL: $42.7k Disclaimer! I´m not a financial adviser. For educational purpose only! You can use the information from the post to make your own trading decisions. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
INDEX:BTCUSDLong
by Asset-Ethology