- BTC is currently trading around 98k. The price of BTC has been continuously rising for the past 2 weeks, and the market sentiment is extremely enthusiastic. Everyone is shouting uptrend. Altcoin Ss. - However, as I observe, it is currently a good time to take profit and hold USD, or you might wait for BTC to have a fake breakout past ATH (around 100-103k in the next 2 days.) - Below, it seems that everyone also sees the price of BTC continuously increasing but the volume is decreasing, this is a price increase that is not sustainable, so in my opinion, everyone should take some profits and wait for a correction to the 78-80 range before re-entering.
#BTC , are you okay? I've been holding onto losses for a month now.
I'm still stuck with a short position on BTC at the 83k level due to the market's sudden growth. Besides BTC, I'm also down on 12 short positions on altcoins by 10-15% spot, with the heaviest being the terrible coin SUI at 40%.
In my opinion, in the coming days, BTC will try to create a W-shaped bottom around the 98-99k area. After that, it will enter a major correction phase. The immediate targets are the 91k and 85k levels.
BTC ANALYSIS 2/5 As long as BTC has not closed the daily candle above 99k, there is a high likelihood that BTC will follow the plan shown in the image, guys. It is possible that BTC is trying to stretch to pull the monthly wick.
Currently, BTC is creating a BEARISH divergence on the H4 timeframe, and the next adjustment target is the area of 88300.
ANALYSIS #BTC ON 16/4: WAITING FOR CONFIRMATION OF THE AFTERNOON FLIP
BTC has just had a price adjustment of 3k from 86k down to the 83k range. Currently, BTC is still fluctuating within the yellow box and has not confirmed a specific trend.
If there are no special news updates, breaking out of the bottom of the box will confirm a downtrend everyone. The short-term target is 79,409.
BTC is currently at 84,600 and still within the sideways range of 82,700 – 86,000. Previously, the price experienced a strong increase but continuously failed at the resistance zone of 85,500 – 86,000, indicating that buying pressure is starting to weaken. The level at 82,700 is an important support area: if broken, I think BTC could fall to 79,000, or even deeper around 72,000.
TECHNICAL ANALYSIS H1: RSI is still at a neutral level, MACD momentum is gradually weakening Volume is decreasing In my opinion, the buying side may still be cautiously bottom-fishing in the area of 76. BTC is in a sideways state; if the bottom of the box at 82,700 is broken, the next target will be for BTC to return to 79,000 and 72,000, with tails possibly extending to the area of 68-69k. Conversely, if BTC breaks through the 86k area, the next target will be 89k before reversing into a downtrend.
In my personal view, I lean more towards a downward sideways trend. Keep an eye on the yellow area, everyone.
View #BTC BTC will drop to create a short-term bottom at the 795 area, then it will return to test the peak of 83-84 (may create a divergence or a double top pattern) before continuing back to the main corrective wave.
100% BTC has not created a bottom yet, so going higher is not possible, however, the chart will be difficult to navigate in this area for our short trades, the safest option may be to wait for the 795 area to reduce our short altcoin orders, and leave the rest to wait for the final phase to enter orders at 83k-84k. Tp: 68k
Guys, don't rush to catch the spot bottom yet. BTC still has one major correction left, watch for 73k, with a range of 67-68 to enter, or wait for my call.
Short-term view for the day, main scenario in black, alternative scenario in red, the target remains the 73k area. Guys, please refer.
You guys shouldn't rush to buy the Spot yet, with the weekly chart like this, a sweep down to 67-68k is necessary. It's best to wait for the chart to create a bottom before buying SPOT.
Buy entry around the area of 0.25 Stl: 0.2 TP1: 0.4513 TP2: 0.8436 if there's strong FOMO Currently, on the weekly frame, the buying pressure for ARB has been gradually weakening, so you can catch the bottom around that area, remember to set the stop-loss to avoid holding to death.
In the next few days, #BTC may sweep the bottom around 83k, watch for an opportunity to enter, the coin requested by you, as I do not hold this one, the growth potential is too low, you can consider taking profit at TP1.
ETH has gone through 16 weeks of continuous correction, down 57% from 4100. It is currently fluctuating around 1800.
Looking at the W-frame chart, the price area of 1463 will be the ideal bottom area for the upcoming growth wave. In the next 1-2 weeks, there will be a final liquidation phase, and everyone can time their purchases with me. Tp1:2500, tp2:3600
If you have been following me for a long time, you will understand my view of the market. Today I will not view about #BTC anymore. Anyone who needs my support for stuck orders, comment below and I will assist, or share my views on the upcoming spot coins of interest!
The assessment is only for those who are genuinely interested in exchanging knowledge, and will not engage with the lower elements of society!!! If your ego is high, go trade and comment elsewhere!!
The market still leans towards the possibility of a correction to the price range of 76-78 as BTC has not broken the downward trend.
After several consecutive days of increase, BTC is currently fluctuating around the level of 86600. On the H4 frame, BTC is currently creating an upward channel, however, it is facing resistance at the confluence area between the downward trendline and +++, after touching the trendline, BTC did not decrease immediately but showed signs of sideways movement.
On the M15 and H1 frames, BTC is moving sideways in the box 86–884 and there is no clear next trend.
SCENARIO 1: Price breaks through strongly in the range of 86–864, then falls straight to the area of 835 with almost no significant retracement.
SCENARIO 2: Price tests the area above 86, then bounces back up to sweep the liquidity above (886–891). Right after sweeping, the price may close a BEARISH CANDLE inside the box 86–884 and then quickly go down to the lower area.
Personally, I lean more towards SCENARIO 1.
The main adjustment target is still around 76–78, the monthly candle closes red below the level of 83.
NHẬN ĐỊNH #BTC 17/3 : BTC SẼ 78K TRONG HÔM NAY HOẶC NGÀY MAI
Khung W vẫn đang trong xu hướng giảm, chưa có đáy, chưa có dấu hiệu đảo chiều Khung D, H4 hiện tại đang SW quanh vùng 825 - 85000.
Hiện tại BTC đang test vùng hỗ trợ 825-835, Nếu không thể đóng nến H4 qua vùng này thì trong ngày hôm nay BTC sẽ quay đầu giảm về lại vùng 80k và sau đó là 77k5. Còn ngược lại thì sẽ có 1 nhịp quét thanh khoản trên vùng 85-85800 trước khi quay đầu. 99% nó sẽ không phá được mốc 86K.
Đối với altcoin thì đoạn này BTC chỉnh Dom sẽ tạo râu lên 64-65% , khiến altcoin sẽ giảm ít nhất thêm 15-20% từ giá này .
BTC is currently trading around 82k showing slight recovery signs but has not broken the main downtrend yet. In common terms, it's called a chess range. During this period, BTC will only fluctuate around 826-83 before turning back again; this turning point will be the FINAL liquidation phase of the market, everyone. BTC will test the bottom again at 75-78k.
Regarding Altcoin As I have indicated before, Dom will have to retest the candle wick on 3/2 one more time, so in this phase, if BTC decreases, altcoin may correct an additional 20-25%.
FORECAST #BTC 13/3: In the next 1-2 days, the next target is 78236
After BTC swept liquidity in the range of 835 - 84k, it created a new peak but could not maintain buying pressure, causing the price to immediately reverse to 805.
Currently, a downward trend has been confirmed. The first support level is 81565.
It is very likely that BTC will soon return to 782 tomorrow; here, the price may return, but it has not confirmed Long yet, everyone. It is expected that there will be a sufficiently long tail from now until the end of next week.
✅ Trading range: 85500 - 78600 🔍 Wait for price confirmation to touch DLL 79500 USD, pull back to create MSS, then set up Long according to ABC wave (📈). 🎯 Nearest resistance at 81190, take profit TP1 here and set up Short if there are signs of weakness (❌), or continue Long phase 2 up to 85500 - 86500.
⭐️⭐️⭐️BTC ANALYSIS 10/3: BTC PREPARING TO RETURN TO 90,000 Current price: BTC: 82480 TOTAL 3: 770B BTC.D: 61.71% BTC is in a strong downtrend, having just broken the support level of 83000, currently testing the 82000 area again. Looking at the overall view, I see this. BTC is currently forming a reversal candle pattern around 80000-81000, nearing the last bottom before a bullish reversal.
The support zone coincides with the bottom of the reversal candle pattern, so it is very likely that a buy order will appear here to push the price back to the 90000 area. Everyone should pay attention to the price at 78500 (in about 2-5 days), if reversal candle clusters + high buying volume appear here, then the price will follow the scenario below. (Everyone can check the image for detailed price movements, too lazy to write too much).
However, everyone should note: This is just a rebound wave in the larger downtrend. There is still no confirmation of entering altcoin season. TOTAL3 is currently still in a downtrend, the best support level for recovery is 750B.
BTC.D is still in an uptrend, the next levels will be 64% and 70% before the next correction phase. So the possibility of this rebound wave is that altcoins will not be pumped much (on average about 15-20% only), safe friends should hold top coins if they want to trade. I will write a post about the investment portfolio to pay attention to.
So the likelihood of this rebound wave will cause altcoins to bleed more than to increase, wait for the reaction at the 98000 level to make a conclusion on whether to buy or not is not too late, if it cannot hold the 98000 area then soon we will see BTC return to the 7s.