Bitcoin Chart and Technical Analysis

The Bitcoin chart catalogue below is an aggregation of the Technical Analysis and Outlook published ideologies in the TradingView platform whenever TradeSelecter.com posts new cryptocurrency currency market developments that become known.

Bitcoin is a cryptocurrency (virtual currency) that acts as a form of money in a state of payment beyond the control of any individual, crowd, or entity, hence dismissing the need for third-party participation in financial transactions. It's compensated to blockchain miners for the job done to prove transactions, and cryptocurrency can be bought on several global exchanges - Click on the link below to access the chart and ''Update Idea.''

Bitcoin Daily Chart Analysis For Week of March 17, 2023

With the completed downfall to our Completed Outer Coin Dip of $19,700 on March 10, the coin rebounded strongly to an Outer Coin Rally of $26,000 and $27,000, respectively, as shown on the Daily Chart Analysis Update For the Week of February 17. The current upside target is the Intermediate Outer Coin Rally of $29,200 and Outer Coin Rally of $30,000 - The Mean Res $31,700 might be possible this week. Once these completed rallies are verified and validated by Trade Selecter System, we will see the pullback to Mean Sup $26,200.

Bitcoin Daily Chart Analysis For Week of March 10, 2023

The coin continued to downfall passed our Mean Supports of $21,500 and $20,476 this week to complete the Outer Coin Dip of $19,700. Once this completed knockdown is verified and validated by Trade Selecter System, we will see the rebound - the initial target of Mean Res of $20,900 with a possible extension to Mean Res of $22,500. The rally to Key Res of $25,000 and the Outer Coin Rally of $26,000 is postponed until further notice.

Bitcoin Daily Chart Analysis For Week of March 3, 2023

The coin continues our technical analysis scenario from the previous week showing an earmark move to Mean Sup $21,500 as a primary destination. Once this knockdown market cools off, we will see a resurgence to the upside - the initial target of Mean Res of $23,600 with a solid rally to Key Res of $25,000 and the strong possibility to Outer Coin Rally of $26,000.

Bitcoin Daily Chart Analysis For Week of February 24, 2023

After hitting our Key Res $24,500, as shown on the Bitcoin Daily Chart Analysis Update For the Week of Feb 17, the coin is retreating aggressively, striking our target of the Mean Sup $23,500 as marked and showing an earmark move to Mean Sup $21,500. Once this puppy settles down, we will see a resurgence to the upside - the initial target of Key Res $25,000 with a rally all the way to the Outer Coin Rally of $26,000 and the Extended Outer Coin Rally of $27,000 targets.

Bitcoin Daily Chart Analysis For Week of February 17, 2023

The coin is resting comfortably at our Key Res $24,500, as shown on the Bitcoin Daily Chart Analysis Update For the Week of Feb 16. We expect a pullback to our Mean Sup $23,500 for this week's price action. Once this puppy settles down, we will see a resurgence to the upside - the initial target of Key Res $24,500 (Retest) with a rally all the way to the Outer Coin Rally of $26,000 and Soon-To-Be the Outer Coin Rally of $27,000 outcome.

Bitcoin Daily Chart Analysis For Week of February 10, 2023

Bitcoin hit our initial progressive pullback Mean Sup $22,500 and extended a retreat to Mean Sup $21,500 on Friday as shown on Bitcoin Daily Chart Analysis For the Week of Feb 3. Once this puppy flushed out weak-longs, resumption to the upside shows the initial target of Mean Res $22,650 with a possible rally all the way to the Mean Res $23,300 and $24,000 - this week.

Bitcoin Daily Chart Analysis For Week of February 3, 2023

Bitcoin extended a progressive rebound to a new Mean Res $24,000 - with the expectation of a pullback to the Mean Sup $22,500 and, possibly, an extension to Mean Sup $21,500. Once this puppy flushes out weak-longs, resumption to retest the Mean Res $24,000 and the Key Res $24,500 is imminent with a rally all the way to the Outer Coin Rally of $26,000.

Bitcoin Daily Chart Analysis For Week of January 27, 2023

The coin hoovered under our completed with conformation Outer Coin Rally of $23,300 throughout the week - expect a pullback to the newly created Mean Sup $22,500 and, as a bonus, Mean Sup $21,500. Once this puppy flushes out weak-longs, resumption to retest the Outer Coin Rally of $23,300 and $26,000 is inevitable.

Bitcoin Daily Chart Analysis For Week of January 20, 2023

Bitcoin completed the Outer Coin Rally of $21,200 and Key Res $ 21,300 on January 14 and stayed very near the outcome throughout the week - busting through on Friday with follow-through on Saturday to complete the interim Outer Coin Rally of $23,000 (Not shown 60 min chart). The pending confirmation is in the process - Once confirmed, the pullback to Mean Sup $20,600 is inevitable. Once this puppy settles down, we will see a resurgence on the upside to finalize the Outer Coin Rally of $26,000.

Bitcoin Daily Chart Analysis For Week of January 13, 2023

Bitcoin surged above $21,000 on Saturday for the first time in two months as the crypto rammed through our Mean Res $17,000, Mean Res $17,800, Mean Res $18,500, and Outer Coin Rally $19,100 throughout the week. The price action signifies a completed Outer Coin Rally of $21,200 (Not shown - 60 min chart) and significant Key Res $21,300 first introduced Bitcoin Daily Chart Analysis For Week of Nov 11. We expect a pullback to the newly created Mean Sup of $18,800. Once this puppy settles down, we will see a resurgence on the upside to retest the Outer Coin Rally of $21,200.

Bitcoin Daily Chart Analysis For Week of January 6, 2023

Bitcoin bounced closer to our Mean Res $17,000 throughout the week. The retest of the Key Sup $15,850 is a toss-up. This puppy may break from the current position to create upward action to Mean Res $17,800, Mean Res $18,500, and Outer Coin Rally $19,100.

Bitcoin Daily Chart Analysis For Week of December 30, 2022

The euro-dollar has formed a new strong Mean Sup 1.058. The prevailing up path to the Key Res $1.078 is ongoing with the current market sentiment. However, be aware there is the possibility that this puppy may break downwards from the current position to reignite upward action as specified above.

Bitcoin Daily Chart Analysis For Week of December 23, 2022

Bitcoin stays put above our Mean Sup of $16,400. The upward movement is in the process to Mean Res $17,800, extending to Mean Res $18,500 with high degree aftermath. The retest of the Key Sup $15,850 is continuously low at this time, pending the above scenario being played out.

Bitcoin Daily Chart Analysis For Week of December 16, 2022

Bitcoin diligently retreated to our Mean Sup $17,600 as specified on Bitcoin ( BTC /USD) Daily Chart Analysis For the Week of Dec 9. The upward movement is in the process to newly created Mean Res $17,800, extending to Mean Res $18,500 with a high degree aftermath. The retest of the Key Sup $15,850 is the low probability at this time, pending the above scenario being played out.

Bitcoin Daily Chart Analysis For Week of December 9, 2022

Bitcoin is continuously (Very slowly) advancing toward our leading destination of the Mean Res $17,600 and subsequently to the Outer Coin Rally of $19,100: However, the pullback to Mean Sup $16,700 is very much likely before further upward advancement. The retest of the Key Sup $15,850 is low at this time, pending the above scenario being played out. Of course, the question is always “Which way will this puppy break from the current position?”

Bitcoin Daily Chart Analysis For Week of December 2, 2022

Bitcoin continuously (Slowly) advancing towards our leading destination of the Mean Res $17,600 and subsequently to the Outer Coin Rally of $19,100. The down-trend retest to Key Sup $15,850 is low at this time, pending the above scenario being played out. The next Outer Coin Dip of $12,400 outcome in the foreseeable future is pending.

Bitcoin Daily Chart Analysis For Week of November 25, 2022

Bitcoin has repeated bounce from our Key Sup $15,850 on Nov 21. The coin is currently positioned to punch to the Mean Res $17,600 and subsequently to Outer Coin Rally $19,100. The down-trend projects for the next Outer Coin Dip of $12,400 in the foreseeable future are being delayed.

Bitcoin Daily Chart Analysis For Week of November 18, 2022

Bitcoin has completed our designated Outer Coin Dip of $15,500, as shown since Bitcoin Daily Chart Analysis For June 17. As a result, a massive rally was staged, creating Mean Res $17,600 launching from Key Sup $15,850 for an upcoming upside move with an additional Outer Coin Rally marked at $19,100. The down-trend projects the next Outer Coin Dip of $12,400 in the foreseeable future.

Bitcoin Daily Chart Analysis For Week of November 11, 2022

Bitcoin has completed our designated Outer Coin Dip of $15,500, as shown since Bitcoin Daily Chart Analysis For June 17. As a result, a massive rally was staged, creating Mean Res $17,600 launching from Key Sup $15,850 for an upcoming upside move with an additional Outer Coin Rally marked at $19,100. The down-trend projects the next Outer Coin Dip of $12,400 in the foreseeable future.

Bitcoin Daily Chart Analysis For Week of November 4, 2022

Bitcoin Daily Chart Analysis For Week of October 28, 2022

Bitcoin Daily Chart Analysis For Week of October 21, 2022

Bitcoin Daily Chart Analysis For Week of October 14, 2022

Bitcoin Daily Chart Analysis For Week of October 7, 2022

Bitcoin Daily Chart Analysis For Week of September 30, 2022

Bitcoin Daily Chart Analysis For September 23, 2022

Bitcoin Daily Chart Analysis For September 16, 2022

Bitcoin Daily Chart Analysis For September 9, 2022

Bitcoin Daily Chart Analysis For September 2, 2022

Bitcoin Daily Chart Analysis For August 26, 2022

Bitcoin Daily Chart Analysis For August 19, 2022

Bitcoin Daily Chart Analysis For August 12, 2022

Bitcoin Daily Chart Analysis For August 5, 2022

Bitcoin Daily Chart Analysis For July 29, 2022

Bitcoin Daily Chart Analysis For July 22, 2022

Bitcoin Daily Chart Analysis For July 15, 2022

Bitcoin Daily Chart Analysis For July 8, 2022

Bitcoin Daily Chart Analysis For July 1, 2022

Bitcoin Daily Chart Analysis For June 24, 2022

Bitcoin Daily Chart Analysis For June 17, 2022

Bitcoin Daily Chart Analysis For June 10, 2022

Bitcoin Daily Chart Analysis For June 3, 2022

Bitcoin Daily Chart Analysis For May 27, 2022

Bitcoin Daily Chart Analysis For May 20, 2022

Bitcoin Daily Chart Analysis For May 13, 2022

Bitcoin Daily Chart Analysis For May 6, 2022

Bitcoin Daily Chart Analysis For April 29, 2022

Bitcoin Daily Chart Analysis For April 22, 2022

Bitcoin Daily Chart Analysis For April 15, 2022

Bitcoin Daily Chart Analysis For April 8, 2022

Bitcoin Daily Chart Analysis For April 1, 2022

Bitcoin Daily Chart Analysis For March 25, 2022

Bitcoin Daily Chart Analysis For March 18, 2022

Bitcoin Daily Chart Analysis For March 11, 2022

Bitcoin Daily Chart Analysis For March 4, 2022

Bitcoin Daily Chart Analysis For February 25, 2022

Bitcoin Daily Chart Analysis For February 18, 2022

Bitcoin Daily Chart Analysis For February 11, 2022

Bitcoin Daily Chart Analysis For January 31, 2022

Bitcoin Daily Chart Analysis For January 28, 2022

Bitcoin Daily Chart Analysis For January 21, 2022

Bitcoin Daily Chart Analysis For January 14, 2022

Bitcoin Daily Chart Analysis For January 7, 2022

Bitcoin Daily Chart Analysis For December 31, 2021

Bitcoin Daily Chart Analysis For December 18, 2021

Bitcoin Daily Chart Analysis For December 11, 2021

Bitcoin Daily Chart Analysis For November 28, 2021

Bitcoin Daily Chart Analysis For November 20, 2021

Bitcoin Daily Chart Analysis For November 13, 2021

  • November 16, 2021 ''Update Idea'' post.

Bitcoin Daily Chart Analysis For November 8, 2021

Bitcoin Daily Chart Analysis For October 6, 2021

  • October 8, 2021 ''Update Idea'' post.
  • October 13, 2021 ''Update Idea'' post.

Bitcoin Daily Chart Analysis For October 16, 2021

Bitcoin Daily Chart Analysis For October 23, 2021