Bitcoin to 37kAs I predicted on my previous post, the bottom of Bitcoin is most likely in. This means that is time to talk about targets next!
The price has to breach the resistance of the falling channel first, but that is only a matter of time. If it breaks, and I believe it will do so soon, The price will go up to 31k first.
The next resistance are 33,7 and 37k. So far the uptrend has been steady since December and I see no reason why that should change. The stock market is also bullish after all.
Btcusdtlong
Knock Knock Bitcoin, are you there?Well, what is there to say? Bitcoin has been moving very well for the last couple of months until it started to surprise me. At this point it's still moving according to the count as it reacted off of equality of wave {c} vs. {a}.
With all honesty I do not have a clear idea on whether we have finished wave 2 or not, but for the time being I do not have any reasons not to be bullish.
I'll keep it monitored, but all I can see is that there are no conditions to open any trades nor long or short, but that is obviously my own opinion based on the way I trade and my own experience.
As always, these is not financial advice, but feel free to ask questions if you have any!
Trade safe!
Bitcoin: Bulls VS Bears: Battle of $26KHi Traders, Investors and Speculators of Charts📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year 🏫
A quick analysis on Bitcoin. Over the weekend we may see some volatility as the bulls and the bears battle on the current support zone at $26400.
It is my personal view that this trendline will hold , due to a macro market perspective analysis that I did a couple of days ago which pointed towards BTC being in phase E of the Wyckoff Method market phases :
Incase you missed it ! A new altcoin that leverages memes and the hype of AI : AIDoge :
BINANCE:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD KUCOIN:BTCUSDT COINBASE:BTCUSDT OKX:BTCUSDT BINANCEUS:BTCUSD BITFINEX:BTCUSD PHEMEX:BTCUSDT
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
BTC: Keep going long, target 30K
BTC has been running around 27K recently, although affected by the news, the market has ushered in a fall, but the support of 25.8K below is very obvious, personal advice, before the market has not fallen below 25.8K, always maintain a long idea, any decline is a better buying opportunity.
Personal operation strategy: btc buy@27-27.2K tp: 28-29-30K
Fifteen years of trading experience, trading signal accuracy rate is as high as 95%, I will share more trading signals to help you make profits!
Bitcoin trading signals
With the new round of attention to cryptocurrencies in the capital market, it is very likely that there will be an increase in the future, and the current trading signals are obvious.
Trading strategy:
buy@26400-26350 tp:26800-26870
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. I need signals to join me as soon as possible!
BTCUSDT on hourly support, lilely to head to 27049Last long attempt did not work and the trade got stopped out. The price went down the daily support and now on a hourly support from where the price bounce last time towards 4h resistance of 27500 zone. I have taken another long trade here with a target of 27049.
BTCUSDT at daily support and likely to head to 27396The price was held back by 4h resistance around 27400 zone. And now it has fallen down to the daily support around 2700 zone. I expect this support to hold for now and provide a bounce to the 4h resistance zone around 27400 again. I believe a long is favorable here with a target to 27396.
Bitcoin will pump by Falling Wedge Pattern🚀Bitcoin was able to make a Falling Wedge Pattern near the 🟢 heavy support zone($ 26,900-$ 26,400) 🟢.
I expect that Bitcoin will go UP after breaking the upper line of the falling wedge pattern.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC about to do dirty 'tings. BTC on the 3hr, tested support on a dump to 25.5. Way too much support and bounced. Finding support again.
I'm thinking liquidity grab, then face melting pamp. LFG BTC, the time is now, bears about to learn today.
If it dips to 25.5, it's a buy opportunity, good luck boys.
Bitcoin Growth with Bullish 🚩Pennant🚩 Pattern🚀(Shor term)As I expected in the previous post, Bitcoin was not able to break the 🟢 heavy support zone($ 26,900-$ 26,400) 🟢, but as Bitcoin always does, it created a trap(🐻Bear Trap🐻).
Bitcoin seems to be completing the Bullish Pennant pattern , but maybe the ⚠️ low trading volume ⚠️ on Saturday and Sunday will affect the correct formation of this pattern.
If Bitcoin can break the upper line of the symmetrical triangle , we can consider confirmation of this pattern.
🔔I expect Bitcoin to grow at least up to the downtrend line after breaking the upper line of the symmetrical triangle, and the next step could be the 🔴 resistance zone($ 28,000-$ 27,660) 🔴.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTCUSD | 1st ABC Correction A-wave Target ProjectionA potential bullish scenario : 1st ABC correction zigzag pattern with upcoming wave 5 of c-leg targeting 0.382 retracement of previous 5X motive wave move between 24-25K
However, wave 1 and 3 in c-leg are extended, wave 5 can be the shortest wave and truncation is still possible.
Action: A safer long entry can be placed when breakout downtrend line 2-4 or above wave 4 of c -leg, targeting the upper resistance of the bull flag.
Always trade with affordable risk and respect your stoploss!
BTCUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
switched my main scenario that we're in ending diagonal and now forming only wave of 2 of v.
I Expect growth from current price(yellow marker) or through one more decline in 25-24k zone(orange marker).
Main target zone: 33 - 36k
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
BTCUSDT bounced off 4h support and may head to 4h resistanceThe price has hit the 4h support as marked on the chart and the support doing its job. The price has bounced from that support and currently trading at support resistance which also acted as a brief support during fall. The price may head for 4h resistance zone again.
Bitcoin growth by Expanding Flat🚀(Shor term)!!!It seems that the corrective structure of Bitcoin for a pullback to the broken resistance line is Expanding Flat(ABC/3-3-5) , which is considered a common corrective pattern.
The end of wave C is located in 🟡 TRZ(Time Reversal Zone) 🟡 and 🟡 PRZ(Price Reversal Zone) 🟡 and near the support line (former resistance line).
I expect Bitcoin to go UP to at least the 🔴 resistance zone($ 28,000-$ 27,660) 🔴and possibly create a 🐮 bull trap 🐮.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
#BTC is getting ready for the Big move!!
Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.
#BTC UPDATE
BTC is forming this bullish pennant pattern
what is bullish pennant pattern
A bullish pennant is a technical trading pattern that indicates the impending continuation of a strong upward price move. They're formed when a market makes an extensive move higher, then pauses and consolidates between converging support and resistance lines.
*BTC Need to Clear the 29,500 Resistance to Confirm the bullish pennant pattern Breakout
* RSI is also sowing some bullish divergences move
*If it conform this pattern then according to the pattern we will see good bounce
Stay tuned I will keep updating
This chart is likely to help you make better trade decisions if it does consider upvoting it.
I would also love to know your charts and views in the comment section.
Thank you
BTCUSDT likely to head to next 4h resistance at 27400Yesterday the price hit the 4h resistance zone upon the bounce and was held back by this resistance. Since then it is consolidating under that resistance and likely to break it soon. The next resistance lies at 27400 zone which would be the target of the long trade which seems to be favorable right now.
THE US GOV DEFAULT EFFECT ON BITCOIN + BANK RUN + 1971 REPEAT
The US Government will be defaulting sometime early June, this is a 1971 US default repeat where the US Government cannot depeg the dollar from a hard asset this time is indeed different.
Why has this been the fastest rate rise cycle in history for the US and other leading GDP countries? simple they need inflation near zero to start QE to infinity to stop the government bonds defaulting causing another great depression.
I bet nobody knows the names Bill Martin, and Arthur F. Burns? why you ask, they've been in this situation before and tried to ramp the rates to stop a default and failed, forced to depeg the dollar from gold as a last resort.
Here we are again, there's no gold peg, there's no hard asset we've ramped the rates EVEN faster inflation has barely gone near 4.5% Treasury is defaulting there is terrible GDP growth, and on top of that the only way out is QE to infinity or US defaults on the debt taking every large global bank, financial institutions, giant companies down with it that relies on these interest payments to stay afloat.
This is a bomb bigger than 2009 and 1931 combined, the 1 Month bonds have spiked faster than ever in history because the market believes the US government can't make the payments within a month.
CDS insurance on the USA is going parabolic.
With an asset like Bitcoin I would love to hear why anybody would be willing to sell / exit out of it? bank deposits are collapsing due to the rich pulling funds out scared of the default not alerting the public.
1. The US government admits defeat and defeat its a run to hard assets, Gold, Silver, Bitcoin its the moment of panic "Get the hell out of banks and bonds" the biggest finance market in the world.
2. The US Government announces a Yield-Curve-Control / Quantitative Easing program EMERGENCY dropping rates back to 0% and inflation is now on its way to 20%+ there is no stopping it this time.
Keep money in the banks waiting to buy a dip, you might just lose everything, keep money in the bank during a YCC / QE launch there will be capital controls and you're no longer allowed to spend your money all at once to stop the "inflation".
Bitcoin could do something crazy here be aware.
I have to give credit to Jerome Powell for taking on the hardest finance job in financial history, he tried to beat the D Day risked breaking everything to bring inflation down, he did get close but the debt ceiling has won.