BTC bullish patterns are printed BTC / USDT
We can see BTC is finally starting to print bullish patterns
1st Pattern : Bull Flag
This is strong bullish pattern and will be activated once we breakout the upper purple resistance line
2nd Pattern : Inverse H & S
This potential pattern is still under formation
If this pattern plays out ..,then BTC could revisit 65k-62k to form the second shoulder before next wild pump &breakout
My view is bullish priority for BTC but the question is which scenario will playout ? are we going to make breakout directly or visit the lower levels first
Best of wishes
Btctechnicalanalysis
TP is 59261 @M15 & M30"Given the sudden rise in the price of Bitcoin, which led to touching the previous peak at 62785 with GAP method, and considering the William percentage placed at its ceiling, indicating readiness for a price decline, along with the downward trend in daily movement, it is likely that the next target for price decline, according to the method of GAP, is 59261(TP)."
TP@59000 now!"As you know, trading with GAP is the best way to profit, and the last trade in the last fifteen minutes was at 64,500, made during Bitcoin's ascent. Currently, we're seeing a decline towards 59,000, as depicted in the chart. So, we're waiting for a new trade to see if it will drop to 39 or continue its fluctuations."
BTC (Bitcoin vs US Dollar) :: Super Bullish Trend Soon !!!On the monthly time frame, the RSI pattern of 2017 is repeating, which led to a great bull run.
I think it needs a monthly confirmation candle to close above the $75,000 price, in such a situation, a huge bull run in crypto could start.
At that time, the peak of 2013, i.e. $1,200, was a monthly major pivot, which in 2017 needed to form a monthly bullish candle to confirm the upward passage.
Currently, the 2021 peak of $69,000 is a major monthly pivot and a monthly bullish candlestick above $75,000 must be closed to confirm the breakout of the 2021 peak.
BITCOIN USDBitcoin has been ranging between 60,000$ and 72,000$ for a month, in "Long" position (From now until the next three months)
In the first scenario, if the $60,000 resistance is broken, it will fall to at least $40,000 to $44,000. In the second scenario, if the $73,000 support line is crossed, it will rise to at least $95,000 to $100,000.
Currently, the best price to enter is $60,000 to $63,500 and in case of breaking the resistance line, the best price to enter is $40,000 to $44,000
Bitcoin Weekly Analysis Here's the corrected version:
BTC continues to lead in this bullish market, reaching a new all-time high. Initially, we anticipated the price to target $75,000 as an algorithmic prediction, but it fell short and stopped at $73,800, likely trapping buyers who had set psychological targets for $75,000 and $80,000. The drop in BTC is healthy after the significant gains we've witnessed in this bullish trend. It seems BTC is taking a breather, with buyers who entered around $15,000 and $30,000 now taking profits to accumulate at better prices.
Following the halving, predicting BTC's behavior becomes more uncertain, but historical data suggests BTC tends to reach new highs after halving events. From a technical analysis standpoint, we identify a sweet spot for accumulating BTC between $47,000 and $39,000. Breaking above $52,000 and closing above it on a weekly basis would likely propel the price to $47,000 and $42,000.
In terms of market dynamics, we have significant funds from the USA, and now China is also getting involved. This suggests that BTC is unlikely to drop to low prices like last time. Best of luck to everyone, and I'll provide updates if I observe any changes in the analysis.
My Formula for BTC price at halving calls for $58,990 on 4/20
My formula I works out for the previous three halvings accurately within 1% or 2% and I believe could and should continue to work for every event in the future. It called for a price of around $58,990 on day of 2024 halving. I wrote the formula in March 2022, If you want more details and proof then send me an email, my address is my profile name at G mail.
BTC (Bitcoin) Technical Analysis and Trade Idea Upon analyzing Bitcoin (BTC), we observe a persistent downtrend. Notably, the price has recently entered a crucial support zone and experienced a retracement, potentially presenting a sell opportunity.
In our video, we delve into various aspects of technical analysis, including trends, price action, and market structure. It is essential to emphasize that the content provided is solely my opinion for educational purposes. It should not be interpreted as financial advice. Trading inherently carries risks, and prudent risk management practices are paramount.
BTC Bitcoin Technical Analysis and Trade IdeaBitcoin has exhibited a bullish trend, prompting us to seek a potential buy opportunity. Presently, it has retraced to approximately 50% of the previous price swing on a 4-hour time frame. In our video analysis, we delve into trend dynamics, price action, and market structure, emphasizing key aspects of technical analysis. It is essential to note that this trade idea represents my personal opinion and should not be construed as financial advice.
BTCUSDT Short trading ideaOKX:BTCUSDT.P
Short trading idea
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Head and shoulders
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Rising wedge
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Fibonacci retracement 0.618
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Fibonacci retracement 0.786
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Retest level 30000
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Enter 61175
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Exit 53921 + 47241 + 31047
I am interested in your opinion on this algorithm of actions
deposit 20% of the asset
order 20% of deposit
shoulder ×20
cross margin
take profit 25+-% of the order
stop loss 5+-% of the order
day loss 1% of deposit
RR 1 to 5
Short position
Enter against a negative news background
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When trendsetters are in a negative mood
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No upcoming reports, speeches
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Bearish chart and candlestick patterns
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A pool of indicators signals a downtrend
#DYOR






















