Btcusdforecast
BTC can reach $15000In my opinion, with the triangle pattern that Bitcoin is forming, we can expect it to reach the $15,000 range by breaking its dynamic support. Now we have to see how fundamental news can affect the price trend. However, at first, the range of 15,000 dollars and then the range of 12,000 dollars, as indicated in the chart, is not expected.
This is just a personal opinion and should not be used as a criterion for making a trade.
Please Comment if you have any other idea. here we want to learn from each other .so tell me if you are agree with me or not ? :)
Nightmare BTC ScenarioThis is the worst case scenario for BTC, a giant macro head and shoulders. The best case scenario is that we bounce at the macro GP around 9-10k. Based on the S&P fractal (the one from the 2008 crash that perfectly fits our current price action) I have to assume the worst for the crypto market. I was just waiting to see what the "news" would be that triggered the huge crash, and we just got it with FTX. That's our "black swan event" - buckle up everybody. Short everything for financial freedom, and don't forget to put your hands up and yell "weeee!" all the way down. Also make sure to withdraw profits on the way so the exchange isn't insolvent by the time we get there lol
BTCUSDT - June Minimum Update.The first cryptocurrency after breaking through the trend was unable to break through and consolidate above the middle of the trading range, at the same time since June we can see the growing volumes on the haircuts. Against the backdrop of extreme events in the cryptocurrency world, Bitcoin sank by 10% from the local high. At the moment, the price stabbed the June low, and continues to trade on it. We can expect further price shedding into 15500-13000 range unless strong support appears.
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and make yourself and your loved ones happy.
BTC Last crash ? comparison between late 2018 and late 2022BTC / USDT
hello guys want to introduce an interesting comparison between late 2018 and late 2022
In this fractal there are similar and strong factors :
1-Both 2018 and 2022 are bearish bloody years
2-The comparison between both years at the same 4th quarter
3-both years have special events (BCH fork and ETH merge)
4- In 2018 this was the last crash and I believe this will be also the last one
In 2018 the drop from the event was around 51% crash to the ultimate bottom , if we applied the same percentage the final target will be 11K !
Important Note : its not nessicary to make the same identical move
it can flactuate little above or little below , and here i will show you strong levels which could be the bottom :
1- 18K-17K ( Double Bottom )
2- 15k-14k ( Monthly Support )
3- 11K - 10k ( Historic 85% Correction )
Overall the bottom is close so dont worry
Do you agree about this comparison ?
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BITCOIN trade for the weekendWe hope that the market has already processed the news related to the Fed's actions and statements and has calmed down a bit.
So we can try a conservative trade of buying Bitcoin:
Entry $18651
Stop $18089 (-3%)
Take profit $21444 (+14.98%)
P/L ratio 5/1
_____________________
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FTX FUD What Next ? Small Shakeout Or a Crash ?Left Chart : FTT Coin
(FTX token) is dropped more than 10% after the news that Binance could dump their FTT holdings
Price now is testing the multi-year support level ($22 - $21) area that has nothing below. If rumors are true and Sam is unable to hold this support, this can drive the whole market down hard just like LUNA earlier this year
IF price breakout the red trendline it will turn very bullish for long term and ONLY worth buying after that
Right Chart : BTC
I marked the most important local levels for BTC in current zone, first one is 20.8k and second one is 20k
IF BTC could hold these supports we are fine and this is just a small shakeout before the real bullrun
IF BTC loss 20k again the chance for breaking 17600$ is higher than any time before
Both chart works as an indictor for each other
The only thing can hold FTT right now is BTC upward movement
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BTCUSD - Risk Assessment (LOW!) An indicator showing the risk on BTC
Each period in blue down the bottom shows the low of each cycle
Interesting seeing the earlier peaks in red both topping out but the 2022 top is slightly below the top red, this may be an indicator that BTCUSD is becoming less volatile and a more stable asset
Regardless, price is currently within the blue zone, a good buy point
bitcoinLook at my chart, MACD & RSI show divergence. I drew some important lines in RSI, MACD and in the chart, the price broken the orange line in the chart and couldn't breakdown 19000 for 20weeks. I think most of traders waiting for DXY, if it come back down, BTC will start new trend to up. What do you think? tell me about your analysis.
BTCUSD - Long Term Bottom Reversal I have drawn two green trend lines one encompassing the downtrend and one the uptrend that is still forming
A strong bottom formed along the solid white horizontal line allowing for this seamless reversal
This will lead to a consequent disbelief phase and a strong pump upwards out of this current bottom area
Have faith!
Posting relevant Analyses below
BTC still has two not filled gap on CME chartI think sooner or later they supposed to get filled, Actually It's good for healthy market and price action.
maybe price goes lower before touch those gap's, but on my experience CME gap's always get filled.
what do you think? please share your opinion with us
BTC AheadAfter the shrinking of the economy and following the easing measures of the Federal Reserve
Note that the logarithmic order of the prices is shown above
So, with the smallest change on the chart, we see a large change in price
Also, these days with the least price change, we should see more change on the chart
As a result, I don't think Bitcoin will fall below the range of 10 to 8 thousand dollars
The blue lines show the peaks between them and probably the price of Bitcoin will be between 500 thousand and 1 million in 5 years.
Of course, if new economies, wars and political events are not born!!!
Please share your comments :)))
BTCUSDT LONGFor the past few days, this pair has been forming a falling channel, which might be a strong indication that there is a potential strong bullish movement.
If the price breaks out of the channel and retests the upper trendline & close above the 75 EMA, then I will enter my trade at $19200.
My Stop Loss is at $18920, My Tp 1 at 19480, Tp2 at $19760 and TP3 at $20400, near the next resistance zone( which is the upper zone of the ranging market).
So my R:R is 1:3
Remember, risk 1-2% of your account