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Btcusdlong

BITCOIN: A BULLISH RALLY AWAITS!Hello traders, I hope you all are doing great. In this update, I am gonna answer all your doubts related to Bitcoin. Out of all the DMs, I have short-listed three questions, 1) Where BTC is heading next? 2) When are we gonna see a bull run in the market? and 3) What is the support and resistance for BTC? Before we begin, let me clarify that this update is based on my analysis and research. So, do your own research before investing. Alright, BTC has shown some impressive moves last January and it still continues to hold the $23k level. So far, the market has been doing well and we can expect some more positive rallies in the coming days. 1. Where BTC is heading next? Ans: If you check the daily timeframe then you will notice that BTC has broken above the resistance trendline. And in this weekly timeframe, BTC is yet to hit the $25k resistance. So, most probably, BTC should hit the $25k target next. 2. When are we gonna see a bull run in the market? Ans: According to this weekly chat, BTC is already in the uptrend rally and if things go with the bulls then by February to April 2024 we will witness a new all time high on BTC. 3. What is the support and resistance for BTC? Ans: Currently, there are two support ranges for BTC, $18k to $19k, and $16k. Also, we have a resistance of $25k which is crucial for BTC to break above to continue a higher rally. Conclusion: BTC must break out above the $25k resistance in order to continue this uptrend. We might see some corrections in between and I will consider it to accumulate more BTC and other major altcoins. BTC has done it before and BTC will do it again so keep believing and keep improving.
COINBASE:BTCUSDLong
by Dexter_The_Trader
8
BTCUSDT Weekly Close UpdateIt seems, BTCUSDT could not push price through the weekly resistance. There was not enough demand at this level and now it has been put back into the old range. It seems it needs to gain some more momentum before it can break out through this weekly resistance level at 24336 level. The price has fallen also below the monthly resistance. Usually it will not be that relevant if there are many days for the monthly candle to close. But here we have only a day left and that can become a cause of concern as that may trigger a larger pullback before any further upward move. However, there is still possibility of price to put a bit further upward into the weekly resistance and consolidate there during the monthly close and a breakout later through weekly resistance after some more consolidation. Let us see how the price action develops today and tomorrow.
by angela_altair
Possible level for BTCThis is a very basic and general idea about what we had as a resistant and support level between the $20k to $69k. Desipite of everyone is mentioning that bear is finished and we will have new ATH or this is just bull trap, you can find yourself a pretty good simple technical analysis of what level we should pass. At worst case scenario we need to at least reach a 0.5 Fib to say that we have retracement of crash and ready for the next one. Best case scenario starts when we pass 0.786. If we pass that level then I will be joining everyone to watch the market for better market. ANYTHING IS POSSIBLE, AND TECHNICAL ANALYSIS IS TO FIND THE POSSIBILITIES. While macro economy is not well I do not see a reason to be bullish for new ATH but we can be cheerful for a nice retracement.
by MehranVa1992
Bitcoin (BTC) forming bullish BAT for another price reversalHi dear friends, hope you are well and welcome to the new trade setup of Bitcoin (BTC) In the previous trade setup, after a lot of sideways move, finally Bitcoin rallied more than 43%. Now on a 2-hr time frame, BTC is about to complete the final leg of a bullish BAT move. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
BITSTAMP:BTCUSDLong
by moon333
#BTC Game of Bullish and Bearish Deviations..#BTC has been trading inside this channel for the last week. Only a breakout will decide the trend. All the marked deviations are merely a filtration process before the next leg. But it's crucial for BTC to break the $23k level by this week. Else the trend will weaken if it gets rejected again and again. Keep an eye, better not be emotional. IMHO, Wait for the breakout in HTF, You can't be bullish or bearish in a sideways trend. You will only lose money trying to trade the sideways market. DYOR, Not financial advice. Do show your support with your likes and share your ideas in the comments.? Thank you #PEACE
Long
by Cryptorphic
7
BTC 25K UPDATES Can BTC Goes to Higher resistance? Were confused about this moves, no technicals is guaranted right now. So better Spot trading not futures. This week is Massive for all Stocks and Crypto, We have FOMC this coming Feb 1-2, 2023. Lets see if this Idea works, Looking on Previous Bullrun this Pumps is Trap on 25000 resistance level. Goodluck.. Trade base on your own decissions. Come and CHeck me out free analysis that I dont post here.. Thank everyone who follows. Keep Grinding.
Long
by D1GITALTRADES
BTCUSDT closed above 4h range highWell well well...we have a 4h candle close above the range high. As mentioned in the previous post, this had a high probabbility which materialized. Now this definitely adds some energy to the upside movement. Price is still inside the weekly resistance zone and today the weekly candle is going to close. The price has to rally another 1000 dollar to close above weekly resistance level. There is a high probability that the price will at least try to touch this high end of the resistance and might overshoot it.
Long
by angela_altair
3