BTC/USD A Bearish Butterfly pattern is another type of harmonic chart pattern that signals a potential reversal in an uptrend, indicating a selling opportunity. This pattern is also defined by precise Fibonacci retracement and extension levels. Here's a detailed breakdown of the Bearish Butterfly pattern: Structure and Fibonacci Levels X-A Leg: The initial leg of the pattern. A-B Leg: Retraces 78.6% of the X-A leg. B-C Leg: Retraces 38.2% to 88.6% of the A-B leg. C-D Leg: Extends to 127.2% or 161.8% of the X-A leg.Longby B9A-88652-NisarAhmad550
Bitcoin 100K by the electionHi Everyone. Looking at bitcoin I see the possibility that it hits 100K by, and if not before, the election in November. Using trend channels, Fibs, Elliot Waves, and other TA I show the path I expect bitcoin to take. Also note its coming out of a massive Bull-Flag so that helps confirm this idea. Longby TheUniverse618Updated 4417
Bitcoin has NOT made a new ATH $BTCAdjusted for inflation, Bitcoin remains below its 2021 highs. This means that despite halving, despite the hype, despite the ETFs, Bitcoin has not made a new high in more than 3 years. This does NOT mean that BTC has topped. I still place a 75% probability that the current bull trend which started at the Nov 2022 low is only halfway done -- and that a move to $135,000 or so by Sep 2025 will occur. Can we argue that BTC is just pausing while buyers sweep up the last of the positions from weak owners -- and that an upward thrust is just around the corner? Of course this is a possibility -- all things are possible with Bitcoin. Yet, the failure of BTC to get back on track will only increase the odds I place that a more sizable correction (perhaps to $40k or so) is underway.by PeterLBrandt3319
REVERSAL with BODY FACTS BTC Reversal signaling ready. Smart money green trendline pointing up; all I did was retrace it. White trendline pointing out to both bottom wicks equals uptrend which the body candles are also pointing out the facts. Longby The_ForexX_MindsetUpdated 336
🔥BTC might be ready to target 75k: Update and multitimeframe🔥Please see previous ideas for more context ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌 ☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!Longby Yelli_tradesUpdated 7712
BTC - can't believe I'm saying it but - think we get 10-20% UP I 'm looking at the potential "false break" of the uptrend channel (and triangle pattern) on the 4H chart which would be typical market shenanigans for a Friday afternoon.... If I'm right then BTC is going to rally directly from here. You can but 67000 with a stop 65000 and target 75000+ for a 4/1 reward/risk coming days/weeksLongby WVS_Stockscreen223
Bitcoin: Summer Slump?Bitcoin continues to remain sluggish and is holding around the price level of the old all-time high from the 2021 bull market. Primarily, we expect a significant descent to place the low of green wave 4 in our same-colored Target Zone ($58,655 - $47,012). However, the next bullish impulse move could theoretically already be underway. This scenario (40% likely) will take effect on a break of $73,462. by MarketIntel223
Solve a daily puzzle :)It's time for a daily puzzle! Please read description belowby Yelli_tradesUpdated 223
BTCUSD LONG IDEATriggered order block on the 1HR TF Chart. Safe entry will be at the bottom order block and SL is the red line. This is just based on my own analysis. Trade at your own risk! Longby jayforex0724222
Bitcoin- would it finally break resistance? After reaching an all-time high in March, BITSTAMP:BTCUSD started to consolidate between 61k and 71k, with a false breakdown in the final days of April. Following this false break, the price once again reached the resistance zone last week and is now consolidating again. The overall trend remains clearly bullish, and the chart structure over the last three months is somewhat similar to the December-February consolidation. Considering these factors, I remain bullish on Bitcoin and expect a rise to the 80k zone, if not higher. Only a price drop below 60k would change this bullish outlook. Longby Mihai_IacobUpdated 2217
🔥 Bitcoin In A Bull-Flag: Wait For Break Out!After successfully completing an inverse head & shoulders pattern, Bitcoin has seemingly found its way up again. Over the last week, trading has been characterized by many ups and downs, but the trend is still bullish. Bull-flags are classically bullish continuation patterns, so a bullish break out through the top resistance is to be expected at some point. Wait for the market to show clarity. Wait for a break of either resistance of support. A new all-time high is around the corner.Longby FieryTrading2219
Bitcoin will cross 134,000Bitcoin will cross 134,000 in next few MONTHS , I dont think its good idea to Exit from the Market now , instead wait .Longby MdSharif61110
Balla is still Bullish on BITCOIN. Cup & Handle pattern. The trend is still our friend. I still see bullish developments in the price action. We must have patience. Dips still must be bought. The plan hasn't changed. We still aiming for that time period of 9 -15 months post #BTC Halving. We are only one month down :) Longby BallaJiUpdated 10108
Bearish May Trends on Bitcoin - A Major Correction Incoming?In the traditional cycle of Bitcoin, May has often been marked by significant bearish movements. As of the 25th, Bitcoin has intriguingly held above the opening price of the month. However, based on historical trends and current market dynamics, I anticipate a major correction is imminent that could bring Bitcoin down to reach its support levels. Keep a close watch as the month progresses.Shortby FATHX116
Bitcoin: mixed trading continuesThe story about the ETH ETF approval marked the previous week, and left BTC aside from investors' view during the second half of the week. However, both volatility and liquidations were significant. First, BTC was strongly shifted toward the level of $71.410 from $66.225, and then the price started its decline toward the level of $66.8K. As per news, there has been $350 million in liquidations of leveraged positions, which was the highest level since the beginning of May. It seems that the market was slowly losing hope that ETH ETF will be approved by the SEC, in which sense, the information regarding its approval was sort of a surprise, which imposed strong market moves. Regardless of the latest developments, RSI is showing that the BTC market is still not in the overbought territory. The indicator reached the highest level at 66, and then slowly went down till the level of 57. Based on current indicator`s moves, it seems that the market is still not in the mood to look at the oversold market side. Moving average of 50 days slowed down its convergence toward MA200, so they are currently moving as two parallel lines. There is no indication over potential cross in the coming period, and in this sense, no trend change for the moment. Based on current charts, it seems that the market does not have the strength to clearly pass the $70K line. Still, it should be considered that the previous week was a specific one, as the news about ETH ETF approval was dominant. If we take into account liquidations which occurred and that some of funds from BTC were transferred to ETH, in expectation of its surge in price, then market lack of strength could be explained. As for the future period, charts are still somewhere mixed. There is a potential for the upside, in terms that levels above $70K might be tested for one more time, but there is also some probability for FWB:65K support to be tested. Market would certainly need time to digest the latest regulatory moves, in which sense, higher volatility might continue for another week. by XBTFX1112
WHALES LOW VOLUME IS FINALLY HERE!You all know what happens when I receive a WHALES LOW VOLUME signal. It appeared today at 5 PM PACIFIC TIME. For those who are new to this ForexX channel; what this means, means BULL RUN and will BULL RUN sooner than we think. This custom indicator has been registered as HULL MOVING AVERAGE. HULL connected with trend dotted lines and up and down trend prices. Candlesticks are within the HULL MA. Longby The_ForexX_MindsetUpdated 228
How I am able to take the breakout tradeBasically, you will need two key indicators. You can use the indicators that work best for you, but these are the ones that work for me. I will post the names of them in the comments below because I don't remember the names off the top of my head. I know the first one is the Order Block Finder. It's an auto indicator that I think only works in a paid TV account. The second one is an oscillator. Again, I will post the name of it in the comments below. So, this is how I take the breakout trade: I set two alerts. The first alert is set at the top of the blue Order block level. The second alert is set at the bottom of the white order block. When the price breaks through either of these order blocks, I take a look at the Oscillator. In the Oscillator, I make sure the moving line is about mid-way on the graph. In this example, price is moving down, so I see if the moving line is mid-way when the price is breaking through the range. If the moving line is mid-way this gives a higher probability that it is actually a break down and not a fake out. Usually, if it is a fake out, the moving line will be a the far extremes of the graph. Therefore, I want it to be at the mid-way point when it is breaking out of the range. The blue arrows indicate the location/timing where I placed the trade. I hope this helps someone. God bless by handyrams8558
WHALES LOW VOLUME IS NOW HERE! (Whales have arrived)Today, whales low volume on a 1Day TF has appeared. I told ya it was pending process and now shows complete at 5pm pacific time as of today. View my vertical lines, each one represents 1Day TF from the start when whales low volume was complete. Ended weeks later. Next 1DAY TF vertical line took days to complete. View each smart money contraction value lines then follow the trend. When have I mentioned whales low volume and failed? Who’s ready for another BULL RUN? I added possible targets. Next move is to wait for WHALES to buy some huge BTC. Longby The_ForexX_MindsetUpdated 2212
FOLLOW THE PATTERN with BANK ENTRY’S reads target $78,586Halving has been followed but with different volume. 1. White zigzag: History 2. Yellow zigzag: History vs what comes next 3. Green vertical lines are my bank entry’s, second I’ve already had added to one of my other ideas. 4. Same dip after bank purchase and right after the small dip, same uptrend. Power of regression trend says it all. Longby The_ForexX_MindsetUpdated 338
Duplicate idea showing downtrend possibility BTC still with whales low volume, I have no doubt this is a dip BEAR TRAP headed to smart money red trendline to $67,918. Shortby The_ForexX_MindsetUpdated 225
BTC $ 255 000 this BULL RUN?Hello, everyone!💥 Today, let's talk about Bitcoin and its prospects for the coming years. What should we expect? Let's compare the two previous bull runs. To start with, every four years, the reward for Bitcoin miners decreases, a phenomenon known as halving. Why is everyone so waiting for halving? Well, when the next halving occurs, miners receive half the rewards, reducing the speed of new Bitcoin mining and consequently lowering its inflation rate (devaluation). No one knows for sure what will happen next time, but it's worth making predictions based on the history of previous years. Especially since it's very transparent and repeats itself time and time again. Let's take a look at the chart I've prepared for You.🧐 On the chart, I've marked two wedges, which I've colored white. The blue arrows indicate the regularity of three-year cycles. This is the time it takes for these channels to form and the regular way they break out. After the breakout, the growth percentage is approximately the same ~550%.🚀 Assuming that the breakout occurred last year, from the $40,000 mark (the price has already corrected as it has done every time before - orange circles), and the growth will be like previous times, theoretically, the price in this bull run could reach the $255,000 mark.😱 🧐Do you believe in such growth? Are you concerned about the situation in the world? Share your thoughts in the comments. 💡I also wanted to share my previous chart with you. Perhaps you'll find it interesting. Thanks for Your attention! Always sincere with You, Your Kateryna🫶 Longby RocketBombUpdated 333359
A BULLISH SCENTThe Pressure on 72K is accumulating power for a gravitational breakthrough for the crypto Indutry.....BRIGHTSON Longby stay_23Updated 114