Friday, June 13, 2025
  • About us
  • Economic Calendar
  • Price Predictions
  • Coins Alerts
  • Crypto Portfolio Tracker
  • Exclusively from Our Partners
Cryptheory
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
        • Binance Futures Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions
No Result
View All Result
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
        • Binance Futures Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions
No Result
View All Result
Cryptheory
No Result
View All Result

BTC analysis – growth is only short-term

by Margharet Tess
May 17, 2022
in Analysis
Reading Time: 3 mins read

BTC still continues in slightly increasing trend but it is more about the exhaustion of bears than the strength of bulls. Volumes are missing. At such a pace, the trend can not last long, and therefore we must reckon with ongoing correction. Nevertheless, in the short term, there may be one more growing leg before the final surrender.

Bullish scenario I’m following on $ 32,000 or at maximum level resistance of the maximum correction, which represents roughly $ 35,000 to $ 36,000. I do not see this for a bigger move at the moment and I rather expect a continuing correction from the outlook for the coming months. With the ongoing correction, we will mainly monitor the position of the local minimum.

Bitcoin and missing bull volumesBTC and missing bull volumes. Source: TradingView

BTC and missing bull volumes

The market price of BTC is therefore short term bullish medium term bearish and long term bullish. Although the price is reaching long – term declining lows and we are in correction phase, we can expect a slightly increasing trend within the correction. In the long run, we take into account support for MA200 on the weekly chart.

The long-term bottom of the correction could occur at a level just above $ 20,000, where this indicator, which represented bottom correction even in the past. In the short term for a few days we could fall down even under this indicator, but if the price really goes there, we will mainly watch the closing of the weekly candle.

  • Author
  • Recent Posts
Margharet Tess
Margharet Tess
Editor, Developer at Cryptheory Labs
I have been active in the cryptocurrency world for over 6 years, during which I have written countless articles about this sector. What fascinates me most about cryptocurrencies is their technological aspect and the problems they aim to solve. In the past three years, I have ventured into app development and am currently working on a larger project called P2E Buzzer. Stay tuned for the surprise. 🙂 My previous experiences: Business2Community.com, TradingPlatforms.com
Margharet Tess
Latest posts by Margharet Tess (see all)
  • How to Trade Meme Coins in 2025: A No-BS Guide for Degens and Smart Investors Alike - June 9, 2025
  • Who Really Makes Bank on Memecoins – And Why It Ain’t You, You Beautiful Degenerate - June 4, 2025
  • Trading Signals for May 13, 2025: Altcoins in the Spotlight - May 13, 2025
Previous Post

Goldman Sachs and Barclays invest in this UK crypto platform

Next Post

EU Council proposes “prospectus requirement” for crypto projects

Related Posts

Solana On-Chain Frenzy: New Addresses, Spikes, and Degens Running Wild
Analysis

Solana On-Chain Frenzy: New Addresses, Spikes, and Degens Running Wild

June 12, 2025
Analysis & Trading Tips June 10, 2025: Dogecoin Is Barking Again
Analysis

Analysis & Trading Tips June 10, 2025: Dogecoin Is Barking Again

June 10, 2025
Bitcoin Price Analysis & Trading Tips – June 9, 2025
Trading

Bitcoin Price Analysis & Trading Tips – June 9, 2025

June 9, 2025
Dogecoin's Wild Ride: A Charts-and-Giggles Exposé on Who Really Got Rekt (It Was Probably You)
Analysis

Dogecoin’s Wild Ride: A Charts-and-Giggles Exposé on Who Really Got Rekt (It Was Probably You)

June 6, 2025
Ethereum is Waking Up: What On-Chain Data Really Says
Analysis

Ethereum is Waking Up: What On-Chain Data Really Says

May 14, 2025
Pudgy Penguins (PENGU) Price Analysis: The Pudgy Pump, The Chilly Dump, and What Comes Next
Analysis

Pudgy Penguins (PENGU) Price Analysis: The Pudgy Pump, The Chilly Dump, and What Comes Next

April 30, 2025
FLOKI Price Analysis: Is This Pump for Real or Just Another Meme-Fueled Tease?
Analysis

FLOKI Price Analysis: Is This Pump for Real or Just Another Meme-Fueled Tease?

April 28, 2025
BCH, bitcoin cash
Analysis

Bitcoin Cash on the Edge: Will BCH Pump or Just Take a Dump?

April 24, 2025
Litecoin Price Analysis: Will LTC Pump or Just Play With Our Emotions Again?
Analysis

Litecoin Price Analysis: Will LTC Pump or Just Play With Our Emotions Again?

April 22, 2025
Please login to join discussion
Track all markets on TradingView
Score: 0
Game Over

Popular

Who Really Makes Bank on Memecoins – And Why It Ain't You, You Beautiful Degenerate

Who Really Makes Bank on Memecoins – And Why It Ain’t You, You Beautiful Degenerate

June 4, 2025
Ethereum is Waking Up: What On-Chain Data Really Says

Ethereum is Waking Up: What On-Chain Data Really Says

May 14, 2025
Staking: Is it Just a Fancy Ponzi Scheme? Let's Get Real.

Staking: Is it Just a Fancy Ponzi Scheme? Let’s Get Real.

June 11, 2025
Spot Market Flexes and Derivatives Cry in the Corner: How Does It Look On-Chain?

Spot Market Flexes and Derivatives Cry in the Corner: How Does It Look On-Chain?

May 15, 2025
Solana On-Chain Frenzy: New Addresses, Spikes, and Degens Running Wild

Solana On-Chain Frenzy: New Addresses, Spikes, and Degens Running Wild

June 12, 2025
Ethereum Is Just a Pricier Solana – Let the Maxis Rage All They Want

Ethereum Is Just a Pricier Solana – Let the Maxis Rage All They Want

May 14, 2025
Dogecoin's Wild Ride: A Charts-and-Giggles Exposé on Who Really Got Rekt (It Was Probably You)

Dogecoin’s Wild Ride: A Charts-and-Giggles Exposé on Who Really Got Rekt (It Was Probably You)

June 6, 2025
Crypto Trading Tips for June 5, 2025: Navigating the Binance Spot Market

Crypto Trading Tips for June 5, 2025: Navigating the Binance Spot Market

June 5, 2025
SOL's Big F***ing Breakout: Why Solana's About to Send You to the Moon

SOL’s Big F***ing Breakout: Why Solana’s About to Send You to the Moon

June 10, 2025
The Hottest Female Characters in PC Games: A Deep Dive into Digital Desirability

The Hottest Female Characters in PC Games: A Deep Dive into Digital Desirability

June 5, 2025

⭐ What Type of Crypto Investor Are You? (v2)

1. How do you DYOR (Do Your Own Research)?

2. Your first reaction to a 10x pump?

3. What’s your opinion on memecoins?

4. Where do you stake your crypto?

5. What’s your exit strategy?

6. How do you pick your next investment?

7. Favorite kind of airdrop?

8. What’s your approach to NFTs?

9. How do you store your crypto?

10. What's your long-term crypto goal?

Crypto News

Bitcoin

Ethereum

Altcoins

Cryptocurrency

Platforms for Copy Trading

Platforms for Grid Trading

Glossary of trading and crypto terms

Crypto Portfolio Tracker

 

Cryptheory Labs Projects

Guest Post for Free

On our website, you can share your opinions and insights. This feature is reserved for non-promotional articles. We are already working on a system for donations and rewarding every author.

This website is here for those of you who want to be at the forefront of innovation and new technologies like Bitcoin. But first, we need to tackle the challenges and survive in the unforgiving world of crypto assets. THIS IS CRYPTHEORY!

Follow Us

  • Terms Of Use
  • Privacy Policy
  • About us
  • Contact us

© 2024 Cryptheory - F**k the forex, we want gains!

Shiba Inu loading
No Result
View All Result
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions

© 2024 Cryptheory - F**k the forex, we want gains!

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.