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)."
Btctechnicalanalysis
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 $75,000 must be closed to confirm the breakout of the 2021 peak.
BINANCE:BTCUSDT.P Channel - Go with the break.The BINANCE:BTCUSDT.P has formed a channel. Go in the direction of break.
OR
Hedge at opposite extremes and cover at break then ride the break.
; )
<3
BITCOIN USDBitcoin has been ranging between 60,000$ 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
BTC Bitcoin Technical AnalysisSomebody has asked me my opinion on Bitcoin. These are my thoughts as I view the chart. It's purely an analysis and an opinion and not a trade idea.
BTCUSDPair : BTCUSD ( Bitcoin / U.S Dollar )
Description :
Rising Wedge as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line
Break of Structure
RSI - Divergence
Completed " 1234 " Impulsive Waves
Fibonacci Level - 61.80%
BTCUSD 1DBTC ~ 1D 📈
#BTC Form a Bull Flag Pattern. if it succeeds in breaking the resistance line of this pattern, perhaps a new ATH will form between May - June. We will update further if there are changes in Trend. quick.
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.
BTC DOWN TO 40-45KBTC DOWN TO 40-50k.
This is because I see at 60k prices going sideways. And looking at the previous BTC trend, BTC will start rallying after the BTC halving. So it is likely that after the halving BTC will be sideway or down. This is just a possibility
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.
BTCUSD 1DBTC ~ 1D Updated
#BTC, For now #Bitcoin Has Important Support at $60,000. This support needs to be maintained to keep the price from falling any further, apart from that CRYPTOCAP:BTC also has Classic Support Ema100 at a price of $58K+
BTCUSD 12HBTC Updated ~ 12H 📈
#BTC Successfully break out of this pattern, May retest this support line to rise again. we will update it again.
Bitcoin Consolidation will Broke SOONPair : BTCUSD ( Bitcoin / U.S Dollar )
Description :
Bullish Channel as an Corrective Pattern in Short Time Frame
Break of Structure
Consolidation Phase in Long Time Frame with the Breakout of the Lower Trend Line and Retracement
RSI - Divergence
BTCUSD 1HBTC ~ 1H 📉
#BTC I hate to say this, But this is the truth. we found a Bear Pattern at a smaller time. Let's see how this pattern works in a shorter time. This is only for a smaller time period, in the long term, we are still Bullish.
BTCUSD 12HOutLook BTC ~ 12 📈
#BTC This is a bullish pattern that was formed on the 12H time.
We will see BTCUSD move within the range of this pattern before the Bulls regain control.
This pattern will be invalid when the price breaks the Support Line in this pattern. we will make further updates.
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.
BTCUSDPair : BTCUSD ( Bitcoin / U.S Dollar )
Description :
Completed " 12 " Impulsive Waves
Break of Structure
RSI - Divergence
Falling Wedge
CHoCH
Fibonacci Level - 61.80%
BTCUSDT Short trading ideaOKX:BTCUSDT.P
Short trading idea
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Head and shoulders
+
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
=
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
+
When trendsetters are in a negative mood
+
No upcoming reports, speeches
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Bearish chart and candlestick patterns
+
A pool of indicators signals a downtrend
#DYOR
BTC Bitcoin Technical Analysis and Trade Idea#BTC #Bitcoin has rallied on the back of the Fed holding rates and the USD tanking. The move seems over extended and has traded into a key resistance level. On the 1D time frame we can see lower lows/highs and a bearish break of structure. In the video we discuss a possible short opportunity on a 15m timeframe if price action sets up the right conditions.
Bitcoin has recently fallen below the $60k area price pointBINANCE:BTCUSDT.P As mentioned earlier, Bitcoin (BTC) has recently fallen below the $60k area price point. This marks a critical support zone, where bulls must maintain control to prevent further declines. The market is now in an expectant state, let's watch closely to determine whether BTC will stay within this critical range or face further downward movement
