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#bitcoin technic
dealfindr · 1 year
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mekongmonkey · 1 year
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With #bitcoin back above the 200-week SMA, much higher prices are the most likely path forward. However, the resistance level at $28.8K remains unbroken for now.
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seripatreon · 1 year
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Bitcoin on 3/23 ⭐
Today we had a Rebound towards $28,500. But overall we're making a dowtrend in the daily buying strength (RSI), so a correction to $26,000s is likely in the coming days. We're also in a period following a New Moon, which can often be bearish.
My prediction was that we would face strong resistance between $28k and $30K at this time. Due to a conjunction that the New Moon chart of the 21st made with Saturn 🪐
Also, my call out of ~$26,900 ended up being a great entry yesterday.
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Conclusion:
Our next target is $27,100 to as low as $25,700. (Anything at or below $26,100 is a steal for April imo)
That's all For Now.
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bithubi · 2 months
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Bitcoin Prediction from the Analyst Who Knows Every Step of BTC: Is $50,000 Next?
Bitcoin’s recent uptrend has been overshadowed by a sharp price correction this week. Bitcoin, whose price fell by more than 8.6%, fell to $ 61,500, the lowest level of the last two weeks, creating a striking “red candle” on the charts. This sudden decline sparked controversy among analysts. Experienced trader Peter Brandt, who came to the fore with his Bitcoin assumption, presented a technical…
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dencyemily · 4 months
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Analyst Decodes Warning Signals in Bitcoin's Rising Wedge Pattern
The ever-evolving cryptocurrency market is once again under scrutiny as Crypto Rover issues a warning about a newly emerging Rising Wedge pattern in Bitcoin's charts, signaling the potential for bearish reversals. The seasoned crypto analyst recently shared detailed insights through tweets and a video, raising concerns among the trading community. The Rising Wedge, characterized by a narrowing range, presents a delicate situation for Bitcoin's current price trend, prompting a careful evaluation of the implications associated with this particular pattern.
In a recently released video, Crypto Rover provides an in-depth exploration of potential price targets linked to the Rising Wedge pattern, offering valuable guidance for traders navigating the volatile landscape of Bitcoin. Crypto Rover emphasizes the urgency of the situation, suggesting that Bitcoin is currently "trapping" its participants. The accompanying video likely delves into the complexities of this trap, shedding light on various scenarios and potential outcomes. As traders navigate the uncertain market conditions, staying well-informed and adopting a cautious approach becomes essential, with the video serving as a valuable resource for understanding the nuances of the prevailing conditions.
As of the latest market data, Bitcoin (BTC) is trading at $42,492.24, indicating a modest 0.81% decrease over the past 24 hours. Bitcoin's dominance in the cryptocurrency market remains unchallenged, holding the top position with a substantial market cap of $832,883,137,100, constituting 0.80% of the total cryptocurrency market cap. Despite the slight decline, Bitcoin continues to exhibit liquidity and sustained interest, securing the second-highest position in terms of trading volume over the last 24 hours, with a trading volume of $24,529,985,321.
While market analysis inherently carries a degree of uncertainty, Crypto Rover's expertise adds credibility to the cautionary signals linked to the Rising Wedge pattern. Traders are advised to exercise prudence and carefully consider the potential bearish implications discussed in the analysis. As the crypto community anticipates potential shifts in the market, a nuanced understanding of technical patterns is crucial. With Bitcoin's price action under scrutiny, informed decision-making remains paramount in navigating the intricacies of the cryptocurrency market.
In conclusion, Crypto Rover's recent warning regarding the emergence of a Rising Wedge pattern in Bitcoin's chart has sparked discussions about potential market implications. Traders are encouraged to explore the details presented in the accompanying video, leveraging the nuanced analysis provided by an experienced expert. As the crypto community grapples with the uncertainty surrounding Bitcoin's trajectory, staying informed and adopting a cautious approach remain imperative for market participants
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political-depth · 6 months
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Mastering the Art of Trading Crypto: The Dos and Don'ts
Trading crypto is a phrase that has become synonymous with the rapidly evolving world of cryptocurrency trading. In this article, you can delve into the intricate art of trading digital assets. We focus on how traders can leverage the services of reputable brokers like Exness to maximize their success in the crypto market. If you are ready, we can get started. The Crypto Trading…
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digitaldanknes-blog · 9 months
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“Bitcoin Is Gonna Hit $250K By This Date” - Tim Draper
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seripatreon · 1 year
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Bitcoin Astrology 3/9
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The Full 🌕 Had Quite the Bearish effect on the price of BTC.
Full Moons tend to be correlated with relative lows in the price.
Saturn is also conjunct ₿'s Venus 🐻
Jupiter is Square to ₿'s Sun 🐻
All three of these transits are exiting 👆
But now we are approaching critical levels of support.
@ ~$21,400 bitcoin.
I'm loading up on Altcoins & ETH at these lows.
Anyway:
My prediction is that Mid to End of March will be much better for Bitcoin.
Because of its bullish March 23rd Lunar Return ✨
The Lunar ascendant is in Sagittarius ♐
Jupiter is conjunct to ₿'s midheaven.
Venus in ₿'s 10th house.
We have yet to have high buy volume candle since January 12th.
If we don't have any strong buyside pressure in the coming days or weeks. This downtrend could continue, and the $25k relief rally could be over.
Volume over 3.5k bitcoin (bitstamp) 👆
I think for the coming days, we will drag sideways from here. And eventually get a bounce from as low as $21,400 bitcoin.
It's important to note we are still in an RSI uptrend since June of 2022! (Higher lows).
Retest of $25k level is still a possibility!
I think that's extremely bullish for the price of Bitcoin.
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mekongmonkey · 9 months
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dencyemily · 4 months
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ETC and BCH Demonstrate Strength in the Face of Cryptocurrency Market Fluctuations
ETC’s surge above $30 signifies investor confidence, marking sustained growth within an upward trend channel. Amid Bitcoin’s downturn, BCH demonstrates resilience, charting a robust bullish path within an expanding channel. Identifying key Fibonacci pullback or support levels provides clear benchmarks for potential gains in Bitcoin Cash. In the ever-changing cryptocurrency market, Ethereum Classic (ETC) and Bitcoin Cash (BCH) have stood out as notable performers, each navigating market fluctuations with distinctive strengths. ETC's recent breakthrough above the $30 resistance level has fueled optimism, solidifying its position in a persistent upward trend channel. Meanwhile, BCH has showcased remarkable resilience, carving a strong bullish trajectory within an expanding channel despite Bitcoin's bearish undertones.
Ethereum Classic (ETC) has demonstrated sturdy growth, maintaining a steady climb within an ascending trend channel, signaling heightened investor confidence. The cryptocurrency recorded a 4.65% increase in the last 24 hours, closing at $29.54, with a market cap of $4,283,895,306, securing its rank at #21 in the market.
Technical analysis points to a positive signal from a rectangle formation, with a decisive break above the $30 resistance level. This breakout not only instilled confidence among investors but also suggested a continued upward path. ETC's resilience in the face of market volatility is highlighted by its 53.81% volume-to-market cap ratio, reflecting a healthy trading environment.
Turning our focus to Bitcoin Cash (BCH), the cryptocurrency witnessed an impressive 15.25% surge in the past 24 hours, closing at $292.25. This surge propelled BCH to the 18th position in market rankings, boasting a market cap of $5,731,492,869. BCH’s trading volume experienced a substantial increase, reaching $837,906,681, resulting in a volume-to-market cap ratio of 130.27%.
Technical indicators for Bitcoin Cash indicate a robust bullish momentum characterized by an upward expansion of channels. Notably, while Bitcoin (BTC) faced bearish trends, BCH exhibited resilience and emerged as a symbol of bullish sentiment. Investors were advised to approach cautiously, considering the late entry point into the bullish trend.
Waiting for a minor pullback at Fibonacci points or identifying support levels is a prudent strategy to manage risks. The target for BCH remained at the channel’s upper resistance or the previous high, providing investors with clear benchmarks for potential gains.
In summary, both Ethereum Classic and Bitcoin Cash delivered commendable performances, navigating the volatile crypto market with distinct strengths. Ethereum Classic's positive signal from breaking above $30 and its sustained upward trend channel indicated positive sentiment among investors. On the other hand, Bitcoin Cash's robust bullish momentum within an expanding channel underscored its resilience amid broader market challenges. As the cryptocurrency landscape evolves, these developments offer valuable insights for investors seeking strategic opportunities in the digital asset space.
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informativenews00 · 10 months
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टॉप 10 cryptocurrency जो 2050 तक मार्किट से हो सकती है गायब Shiba INU भी शामिल है| 
क्रिप्टोकरेंसी मार्केट के हालात महीनों बाद भी सुधरते नहीं दिख रहे हैं। बिटकॉइन समेत पॉपुलर क्रिप्टोकर��ंसीज की कीमतें लगातार नीचे आती जा रही हैं। ऐसे में क्रिप्टोकरेंसी मार्केट के भविष्य को लेकर भी कई तरह के कयास लगने लगे हैं। बिटकॉइन दुनिया की सबसे पुरानी क्रिप्टोकरेंसी है और सबसे महंगी भी। लेकिन कुछ क्रिप्टोकरेंसी ऐसी हैं जो साल-दो साल पहले ही अस्तित्व में आईं और एकदम से शिखर पर पहुंच गई। लेकिन मार्केट की अस्थिरता के चलते ये क्रिप्टोकरेंसी फिर से नीचे आती जा रही हैं। वहीं मार्केट के कुछ जानकार ये भी कहने लगे हैं कि कुछ क्रिप्टोकरेंसी आने वाले कुछ सालों में गायब ही हो जाएंगीं। ऐसी कौन सी क्रिप्टोकरेंसी हैं जिनके गायब हो जाने का खतरा दिखने लगा है, एक नजर डालते हैं। Read more
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bbcheadline · 11 months
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woquinnn · 11 months
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Bitcoin Education Course: Step into the World of Cryptocurrency
Sponsored Content | Advert   Hi dear readers! Today, I would like to talk to you about an education course focused on Bitcoin. Cryptocurrencies have rapidly become a prominent and captivating topic in the financial world. Bitcoin, in particular, is the pioneering and most popular cryptocurrency. If you are looking to step into the world of cryptocurrency, gain more knowledge about Bitcoin, and…
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itphobia · 11 months
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What to Look Out for while doing Crypto Whitepaper analysis and Why it Matters?
Crypto whitepaper analysis matters a lot as it helps investors to determine how to maximize profit and assess potential risks.  Cryptocurrencies are a world where they are playing a very important role in introducing new projects and outlining their features through whitepapers. The white paper is of great importance to cryptocurrency traders. There are many new projects emerging in the crypto…
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secretstime · 11 months
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