Category Archive : Bitcoin Analysis

Bitcoin Price Analysis 2021 | Short & Mid Term Updates

1 Day Chart Short & Mid Term 

Usd to Bitcoin Pair

Key Support Levels: 27500 Usd – 24000 usd – 20000 Usd – 17500Usd.

Key Resistance Levels: 29000 Usd – 32000 Usd 35000 Usd.

Bitcoin Price Analysis, Bitcoin current saturation is bearish. Bitcoin price touch to 34500 – 34600 Usd price level and then start to dwon trend and bitcoin price cross over MACD line show this chart. And bitcoin price RSI is over bot then current RSI 75 -76. So i can expect bitcoin price start dwon trend so i have decide to open a small feature short postion.

Bitcoin Feature Short Postion:

Open Postion Range : 32000 – 33000 USd

Sell Targets : 30000 – 29000 – 28000 Usd

Stop Loss : 35000 Usd 

Note : Buy  Sell Your own Risk

Bitcoin Analysis more Details:

Bitcoin (BTC) has reliably been hitting new unequaled highs throughout the end of the week, yet the most recent flood has likewise made another high against gold, as indicated by MarketWatch information. This proposes that Bitcoin has been picking up acknowledgment as the new store of significant worth and that may draw in more clients from gold into Bitcoin.

Experts propose that the most recent convention above $30,000 might have been set off by forceful purchasing from institutional speculators on Coinbase, as recommended by the enormous premium of about $350 contrasted with the cost in Binance.

With the most recent assembly, Bitcoin hit a market capitalization of over $640 billion today, barely short of Alibaba, the 10th biggest organization regarding market cap, at $649.31 billion. In the interim, breaking $30,000 could be making FOMO among institutional speculators who have missed purchasing Bitcoin at lower levels.

Be that as it may, this purchasing should support to keep the upturn flawless since, supposing that the assembly slows down, some institutional speculators and force brokers who have bought at lower levels might be enticed to book benefits.

In the event that that occurs, it could pull the cost down rapidly and transform the new buys by financial specialists into a misfortune, bringing about a hurry to the exit. Consequently, merchants should be mindful and utilize appropriate danger the board systems to secure their paper benefits.

In the interim, how about we take a gander at the outlines of top-five digital currencies that could broaden their up-move if the assessment stays bullish

Bitcoin broke over the $30,000 overhead opposition on Jan. 2 and gotten force, which might have been because of a short press and kept purchasing from the energy dealers.

While an allegorical assembly gives outsized returns inside a brief timeframe, it additionally builds the chance of a sharp inversion that may find numerous dealers napping in light of the fact that after a particularly solid up-move, the cost could remember anyplace between 62% to 79% of the whole meeting.

In the event that that occurs, the BTC/USD pair could drop to the $20,000 mark, or a drop of over 30%, which right now looks inconceivable.

In a soften up, it is hard to foresee the level where the meeting may end since dealers keep on pursuing costs higher because of FOMO. The following specialized level which may go about as an obstruction is $37,000.

Shorting a convention since it is overbought on unsurpassed edges could be a losing suggestion on the grounds that, during a blowoff top, the cost could keep on excess overbought for any longer than most dealers anticipate.

Be that as it may, dealers who own long positions should utilize legitimate danger the board standards to secure their paper benefits and not move diverted by avarice.

4 Hours Chart


The 4-hour graph shows that the bulls are purchasing on plunges to the 20-dramatic moving normal. The bears have not had the option to break the 50-straightforward moving normal help since the cost broke above $20,000.

Hence, the main indication of shortcoming will be a break beneath the 20-EMA. Such a move will propose that dealers might be reserving benefits after the sharp convention. A more profound revision beneath the 50-SMA may flag a potential change in pattern.

There is a significant opposition at $37,000 yet on the off chance that that is crossed, the assembly could reach $40,000, which could again go about as a hardened obstruction.

Bitcoin Price Analysis 2020 | BTC Correction Updates

1Hours Chart

Key Support Levels:  9780, 9410, 9300, 9000 USD
Key Resistance Levels: 10500, 11800, 14500, USD

Bitcoin Price Analsis:

Well, there is a strong resistance at $10410 that more likely will reverse the price downwards. The market is overheated and overbought (check RSI chart for example).

Then I can expect (BTC) price correction is a must. Targets for the downward movement are $10060, $9780 and $9475.

Bitcoin Analysis More Details:

Bitcoin (BTC) broke over the $10,100 level today just because since early-June, which is probably going to support opinion. Be that as it may, the bears are probably not going to surrender without a battle as they will forcefully safeguard the $10,000–$10,400 obstruction zone.

At present, the cost has plunged back beneath the $10,000 levels yet interestingly, the bulls have not surrendered a lot of ground. This proposes minor plunges are being bought.

This adjustment in conclusion builds the chance of a break over the $10,400 opposition. On the off chance that the cost supports above $10,400, it could bring about short-covering and forceful purchasing by the bulls.

Such a move could rapidly convey the cost to $11,870.50, which is the example focus of the breakout from the bullish climbing triangle design.

A breakout and close (UTC time) above $10,400 will likewise finish a bullish opposite head and shoulders design that has an objective target of $16,997. Nonetheless, this objective is probably going to be accomplished in the medium-term as the bears will forcefully guard the $14,000 levels.

This bullish view will be discredited if the value diverts down from the current levels and breaks beneath the trendline of the rising triangle.

Both moving midpoints are inclining up and the relative quality list is in the overbought zone, which recommends that the bulls have the high ground. The cost is as of now uniting between the $9,800–$10,000 level, which is a positive sign.

In the event that the bulls can again push the cost above $10,000 and support the more elevated levels for four hours, a transition to $10,400 levels is likely. A break over this level will be an enormous positive and could bring about a sharp move higher.

This bullish view will be negated for the time being if the bears sink and continue the cost beneath the 20-exponential moving normal. Such a move will demonstrate, that the force has debilitated and could prompt a minor union.

Bitcoin Price Analysis 2020 | Next Targets Update

1D Chart

Key Support Levels:  9750, 9450, 9000, 8900 USD
Key Resistance Levels: 10500, 11800, 14500, USD

Bitcoin (BTC) Price Analysis, Bitcoin current price very nearly weekly downtrend line. After bitcoin price breakout weekly downtrend line next resistance level 10500 USD,  Bitcoin price break 10500 USD level, and bitcoin price hold above 10500 USD level then  I can expect (BTC) next target 11800 USD level.

Bitcoin Price Analysis More Details:

Bitcoin (BTC) broke over the $9,500 level on July 23 and lined it up with another positive close on July 23. In any case, the absence of force following the breakout of $9,500 is a gentle negative as it recommends that the bulls are in no direness to purchase at these levels since they are not sure that the meeting will get steam.

All things considered, if the bulls can keep the BTC/USD pair above $9,500, an assembly to $10,000 is conceivable. A break above $10,000 will be a tremendous opinion sponsor and could draw in further purchasing. In the event that the purchasers can drive the cost above $10,500, the ensuing pace of the assembly is probably going to be sharp.

As of now, the favorable position is with the bulls however in the event that they don’t utilize this chance, at that point it probably won’t take long for the bears to make a rebound.

A break beneath $9,500 will be a gigantic negative as it will show an absence of purchasers at more elevated levels. This could pull in benefit booking by transient brokers, expanding the chance of a break beneath the trendline of the climbing triangle


Bitcoin Price update 2020 – BTC Bullish

3 Hours Chart

Key Support Levels:  9185, 9065, 9000, 8900, 8650
Key Resistance Levels: 9300, 9430, 9570,9780

Bitcoin bullish, great Bitcoin pumped, and broke the $9470 resistance levels. Now if see that it is taking hold BTC price above the mentioned level, we would expect the price to go upwards to the $9780 resistance.

Bitcoin Analysis More Details:

Bitcoin (BTC) broke over the moving midpoints with an enormous range proceed onward July 21, which proposes that a few bulls are purchasing forcefully. On the off chance that they can push the cost over the prompt overhead obstruction at $9,500, a few brokers looking out for the sidelines are probably going to bounce in.

Above $9,500, the bears will again attempt to slow down the up move in the $10,000–$10,500 zone, however in the event that the bulls can clear this obstacle, another supported up move is likely.

The rising triangle design is as yet flawless, which will finish on a breakout and close (UTC time) above $10,376.38. This example has an objective goal of $11,870.50.

As opposed to the suspicion, if bulls neglect to impel the cost above $9,500, the BTC/USD pair may again drop to the trendline of the triangle. A break beneath this help will discredit the bullish example and could bring about a drop to $8,800.

Bitcoin Price Analysis 2020 – (BTC) Price Update


Key Support Levels:  9185, 9065, 9000, 8900, 8650
Key Resistance Levels: 9300, 9430, 9570,9780

Bitcoin Analysis:

Nothing has been going on for quite a long time on Bitcoin. Presently the need changed to the upward one as the cost is grabbing hold over the $9300 level.

 We can see a retest of the $9200 – $9300 underpins, the neighborhood obstruction is situated at the $9470. The fundamental objective for the upward move is $9780 (just in the event that there will be probably some unpredictability.

Disclaimer: This is not Financial Advice You will be responsible for your own losses or profits

BItcoin Price Analysis 2020 (BTC-USD)

 4 Hours Chart

Bitcoin looks bearish. I expect one to reach the $9000 and $8900 supports, priority is downwards. As I told, we are holding a few alts with stop losses in the break-even zone. All the other money is in Tether. Waiting for a turn from the market.

The overall situation is bearish as well. This hack is not good for bitcoin (in short-term vision) at all. Many people today will start posting that they don’t have a $BTC wallet and will never get one. It can’t be bullish.

1 Day Chart 

Bitcoin bearish mood but totally sideways situations and move under 1D up & downtrend line.

Bitcoin (BTC) has been continuously surrendering ground in the previous not many days and has now reached the trendline of the rising triangle. On the off chance that this helps separates, it will nullify the bullish example, which is a bearish sign.

BTC/USD day by day outline. Source: TradingView

BTC/USD day by day outline. Source: TradingView

On the off chance that the cost continues underneath the trendline, the bears are probably going to jump on the chance and sink the BTC/USD pair to $8,638.79 and afterward to $8,130.58.

The bulls are probably going to forcefully protect the $8,130.58 support, which could keep the pair extend destined for a couple of more days.

Be that as it may if the pair skips off the trendline and ascends over the moving midpoints, an assembly to the $10,000–$10,500 zone is likely. Without force, the probability of bulls scaling over this zone is dreary.

In spite of the fact that the value activity is as yet dull, the pair has been falling progressively for as far back as not many days, which proposes that the bears are endeavoring to make a rebound. With the value exchanging underneath both moving midpoints and the relative quality record beneath the 50 levels, the bit of leeway may be somewhat moving for the bears.

Technical Analysis

As a bullish recuperation keeps on showing after the huge March twelfth drop, guides for future market developments can be found on high time spans utilizing Exponential Moving Averages, Volume Profile Visible Range, Yearly Pivots, divergences, and Ichimoku Cloud. Further foundation data on the specialized investigation examined beneath can be found here.

On the everyday outline for the BTC/USD advertise, the spot value comparative with the 50-day Exponential Moving Average (EMA) and 200-day EMA can be utilized as a litmus test for the pattern. In late January, the 50-day EMA crossed over the 200-day EMA, known as a Golden Cross, and was immediately trailed by a bearish Death Cross on March fourteenth. The 50-day and 200-day EMAs are presently sitting beneath the spot cost at US$9,100 and US$8,700, individually, in the wake of finishing a Golden Cross on May thirteenth.

The volume Profile of the Visible Range (VPVR) shows an enormous volume bolster hub at US$8,200 (even bars, outline underneath) with generally little volume opposition over that zone. Furthermore, yearly Pivot Points, at US$8,100, US$13,000, and US$18,600, should all go about as opposition.

The Bitfinex long/short proportion (top board, graph underneath) is as of now 79% long, with aches diminishing 32% since June third. There is a high probability at a cost base if shorts overwhelm aches in the coming weeks. Verifiably, most periods with huge short intrigue have just energized more significant expenses. There are no dynamic volume or RSI divergences right now, yet RSI hit another yearly low on March twelfth, reminiscent of fundamentally oversold conditions.

Going to the Ichimoku Cloud, there are four key measurements; the current cost comparable to the Cloud, the shade of the Cloud (red for bearish, green for bullish), the Tenkan (T), and Kijun (K) cross, and the Lagging Span. The best passage consistently happens when a large portion of the signs flip from bearish to bullish, or the other way around.

On the day by day diagram, Cloud measurements are bullish to impartial; the spot cost is over the Cloud, the Cloud is bullish, the TK cross is bearish, and the Lagging Span is over the Cloud and beneath cost. The pattern will stay bullish insofar as the spot value stays beneath the Cloud.

Throughout the following hardly any weeks, a bearish edge-to-edge exchange may trigger if the value drops into the Cloud underneath US$8,950. The short exchange will probably go after the other edge of the Cloud at US$7,200. This value development would fulfill the chance of a full scale modified head and shoulders design that has created since October 2019.

Relationships with instability in heritage budgetary markets have additionally significantly affected Bitcoin’s cost. Since October 2014, spikes in the Chicago Board Options Exchange’s CBOE Volatility Index (VIX) have spoken to nearby lows in BTC cost. Over the previous month, the VIX, or the ‘dread record’, has fallen under 30, from a high of 86, the most significant level since the 2008 money related emergency when the measurement topped at 90 (centerboard, graph underneath).

The U.S. S&P 500 and Nasdaq lists have had a 20% and 0% moving 30-day relationship with BTC over the previous week, separately (baseboards, diagram beneath). These connections are down essentially from January and March when both approached a 100% relationship with BTC cost.

In conclusion, the opening and lapse dates of the Chicago Mercantile Exchange (CME) BTC money settled prospects contracts, propelled in December 2017, have significantly affected cost. The CME encourages exchanges for the biggest segment of subordinates contracts on the planet.

In July 2019, the CME saw the most elevated notional volume ever in a solitary day for the BTC fates item, surpassing US$1.5 billion. Verifiably, cost instability will in general increment drastically close to any dynamic agreement termination. The July first to December 27th agreement yielded a magnificent short exchange for the whole of the agreement, which is like the semiannual agreement of a similar timespan in 2018.

The half-yearly agreement that terminated on June 26th saw a 23% expansion from open to close notwithstanding the March twelfth drop. July 31st is the following agreement rollover period, proposing instability should increment in the week going before the rollover.


System hash rate and trouble have been similarly as unpredictable as cost in the course of recent months however both are by and by close to unequaled highs. The third square prize dividing happened not long ago, which will probably keep on pressing out just the most productive diggers. Up to this point, five new ASICs have been discharged for the current year, which may help keep the hash rate raised for a long time to come.

Exchanges every day dropped drastically in mid-March yet have since come back to past levels. Month to month dynamic locations have hit new multi-year highs with day by day dynamic tends to outperform one million prior a few times this year. NVT and MVRV, which are both contrarily identified with the on-chain movement, recommend diminishing or stale on-affix utility comparative with advertising top in the previous hardly any weeks.

Technicals for BTC/USD uncover a bullish pattern move with the current spot cost above both the 200-day EMA and the Cloud. In light of yearly rotates and volume, US$8,100 is a key help level, alongside the Cloud and Kijun at US$7,200. Overhead obstruction remains at the past nearby highs and yearly turn of US$13,000.

Throughout the following scarcely any weeks, a bearish edge-to-edge exchange on the every day Cloud may trigger, with a value focus of US$7,200. This value activity would likewise help total a full scale reversed head and shoulders design which has been working since October 2019.

Verifiably, inheritance markets will likewise need to balance out with the end goal for purchasers to come back to the crypto showcase. In the months to come, Bitcoin may arrive at new highs quickly as quantitative facilitating and worldwide national bank cash printing flood to unmatched levels.