BTCUSDBTCUSD bouncing back towards 70k. TH short term target is 67000 level.Longby GALACTICtradingspace4
BTC - 4H Rise PossibilityIn the recent price action, Bitcoin has shown a notable reaction to the resistance zone around $71,000 - $72,000, leading to a decline characterized by three distinct downward pushes. The third push, however, demonstrated reduced selling pressure as it failed to make a significantly lower low, indicating potential weakening of the bearish momentum. Crucially, the last two lows have formed around the previously established order block zone from the last leg up, a key area of interest that typically acts as a support. This area appears to have provided a base for BTC, preventing further declines. Given the current price structure and the formation of lows, there's a strong possibility for Bitcoin to recover and test the previous resistance zones again. Looking ahead, if BTC continues to maintain support at this order block zone and builds on the bullish structure, we could see a move towards the resistance levels at $69,000 - $71,000. Market participants should watch for bullish signs like consolidation or higher lows forming above the current support to confirm a potential rise. Overall, Bitcoin's ability to hold this support and recover suggests a favorable outlook for upward momentum in the near term.Longby Sober_Trading5
Bitcoin ready to resume bull marketAfter consolidating for month and seeming like crypto has died out I believe we are on the verge of bitcoin reversing here and starting another leg up. Using Pitchforks, Trendlines, and fib levels I clearly show why I feel bitcoin has bottomed. In addition to about hit the end of the pitchfork bitcoin is on its last support...Looks like its about to die.. That when it likes to reverse and catch people off guard. We also are at the common 50% retracement level when things like to reverse and resume the main trend which in this case is up. I also am using TA behind the scenes to confirm my thinking. Longby TheUniverse618Updated 4
FIBONACCI and HEAD and SHOULDER TRAP Many are using Fibonacci as guidance for a crash but if you pay close attention to my algorithm BLUE WAVE, you will get your answer on what’s next. View yellow squares. Pay close attention to how the blue wave moves and curves. This is why I’m predicting over $85k As I’ve said before, green trendlines are the smart money FOOTPRINTS. So why are we worried, It’s what they are following. There will be dips and ups. Do you see my algo blue wave? Look at the way it’s slightly curving to the right. It’s about to pull the same move as the first yellow square. As it makes curve to the right, it’s an ATR measurement calculation. See what happened prior where the yellow square is vs what’s about to happen soon. HEAD and SHOULDER TRAP. Look at RSI reads BEARISH DIVERGENCE. The reality is HIDDEN BULLISH DIVERGENCE. This you must study how and why. Hint: there’s ideas I’ve created on hidden bullish divergence on different timeframes. This is a volume 1WK TF CHART Longby The_ForexX_MindsetUpdated 4
BTC Daily Update s you can see, BTC is approaching a critical dynamic support level that originated from the 25k range. If this support breaks, we could see a surge down to the 52k, or even 48k levels. Given this potential breakdown, consider avoiding long positions for now. If the support is breached, we'll be looking to set up a short trade targeting at least 60k. Stay tuned for more updates and precise trading strategies.Shortby Lamassu_TradeUpdated 4
BTC Halving + 546 Days Later + CRYPTOCAP1/2 of this analysis: CRYPTOCAP To enhance my analysis, I have incorporated the Crypto Total Market Cap Excluding Top 10 and overlaid it with the MVRV Z-Score indicator. This combined approach offers a broader perspective on market dynamics by considering the performance of alt coins alongside Bitcoin’s valuation metrics. 546 days from halving will mark the top of the bull rallyLongby alcoholic-semen-thrower2
BITCOIN WILL GO DOWN|SHORT| ✅BITCOIN broke the key Horizontal level of 67,000$ The made a retest and is Going down again now so We are bearish biased and We will be expecting a Further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx114
Bitcoin 6.17Weekly can easily flip from the floor again, Looking for this Daily structure to finish as we continue the overall trend. Respecting the ichi cloud could happen if you look to the left we broke inside it respected the bottom and impulsed out of it. Look for us to respect the top of the cloud now as we finally impulse past these current highs. Also, I'm curious to see if this discrepancy on the daily oscillator plays out as we flip up possibly another drop before a flip up. PrevailingnineLongby RaindropasUpdated 3
BTC - Where is it going and what are potential trades? BearishI am talking in the video about the current market structure and the trading opportunities that are currently arising. It currently looks like Bitcoin is aiming for $56,000.Short09:39by SerenityEquity2
Bitcoin Price Prediction For The Rest Of 2024The recent fall on Bitcoin has done little to worry investors. And, it shouldn't particularly. These fluctuations can b normal across the board for anything that has rallied significantly. It's what you do from here Technically, and fundamentally that counts. 08:00by WillSebastian3
BTCUSD Analysis: Bullish Reversal ExpectedAfter a prolonged bearish trend, I've identified a strong bullish formation on the BTCUSD chart. Key technical indicators and chart patterns are suggesting a potential market reversal to bullish. This could present an exciting opportunity for traders to capitalize on the anticipated upward movement. Stay tuned for more detailed analysis and updates!Longby forexNetwork10Updated 4
Is it time to buy?I have drawn a downtrend trendline and this trendline has been broken. So, I see that the price potential to do an uptrend for this time is high. I have drawn an uptrend trendline as a reference and this uptrend trendline is still valid. Because of this, a buy position has been established. there are 3 levels for buy entry ie first, second and third level entry. at level 1st entry risk reward ratio is 1:1. but the risk reward ratio is better at 2nd and 3rd level entry. whatever trade at your own risk.Longby ExperTrader21Updated 5
This is a good buy level for me, not the top of bull run.I don't understand why everyone says that this is the end of the bull run. And it's actually good that most people see it this way. Bitcoin is an apex predator asset and it moves unexpectedly. This Daily FVG and Breaker confluence is a good buy level for me. It finally arrived to my point of interest Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔ Follow me for daily updates.Longby Dave-FX-HunterUpdated 2
Bitcoin - Critical Trendline To WatchChart is self explanatory. This first (purple) trendline is a critical trendline to watch now. It has been tested frequently. If it breaks, then the support levels and fib levels testing may begin. BTC has repeatedly failed to break (or sustain above) the 72k USD mark. BTC price can go back up from here, but if this trendline breaks, the correction could be deeper. It will then open the door to 56k support zone testing or even 46k support zone testing. No trading advice, neutral stance. by vindikatorUpdated 447
BITCOIN LONG TO $77,000 (UPDATE)Price of Bitcoin is getting closer to our grey, POI where we will be looking to buy this asset! This will be a good investment opportunity, as I expect market to take out early sellers. It's a good thing I trusted my analysis & didn't buy on Wednesday during CPI when we saw the original pump. Patience pays in this industry & also provides us profit🤙🏽Longby BA_Investments4
June 20 Bitcoin Bybit chart analysisHello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. There are two Nasdaq index announcements at 9:30 tonight. from the bottom left If you look at the purple fingers 64.5K long on the 18th -> 65.1K chase long on the 19th And today is the red finger chase buying strategy. *Red finger movement path One-way long position strategy 1. $65,766 long position entry zone / stop loss when breaking out of the green support line 2. $67051.5 long position 1st target -> Top 2nd target -> Good 3rd target There is no short position operation today. A vertical decline is underway in Tether dominance. When the 12-hour chart MACD dead cross engraving is completed It's a strategy Sections 1 and 2 at the bottom are rebound sections. Please note that the further down you go, the more likely it is to move sideways. Maybe it's because the day is hot Creating an entry point every day It seems like it's getting more difficult again. This is what I continued to explain as I went sideways this week. Today I will go very simply without further explanation. Don't forget to follow principle trading and stop loss. I hope you operate safely. thank you Longby BitCoinGuideUpdated 4
Whale Moves and Market Optimism: Potential Surge to $100,000Bitcoin continues to capture investors' attention with its price changes and large movements. Every rise and fall sparks more questions about its future and how it might affect the global economy. Recently, Bitcoin was traded at a price of $65,715, experiencing a small increase of about 1% in the last 24 hours, which sparked some cautious optimism among cryptocurrency enthusiasts around the world. This new confidence has been bolstered by the activity of major whales and long-term positive predictions. Some see this as an irreplaceable opportunity, while others warn against the danger of drifting behind illusions. Bitcoin seems to be at a key point that could be a good chance to buy, based on current conditions and optimistic market predictions. The rise in activity from big investors and their large purchases of Bitcoin show they believe in the currency's future, which could signal positive market trends. Also, over 70% of all open Bitcoin positions on Binance are bullish. A well-known crypto whale recently made headlines by buying 6,070 Bitcoin, worth about $395 million. This marks the whale's first major purchase in over 18 months. Renowned for strategic trading, this investor had previously acquired 41,000 Bitcoin during the 2022 market dip at an average price of $19,000 each. In a smart move, the whale sold 37,000 Bitcoin during the market upturn in 2023 and 2024 for an average price of $46,800 each, earning a total of $1.74 billion and over $1 billion in profit. This recent purchase reflects the whale's renewed optimism in Bitcoin’s future, suggesting potential significant price increases ahead. Due to recent activity and positive market predictions, Bitcoin seems to stand at an attractive buying point. The current support at the 100-day Exponential Moving Average and the lower edge of an ascending triangle pattern signals potential rises. It is expected that a bounce from these levels could soon push the Bitcoin price to $72,000, paving the way for a potential rise to $100,000 in the long term. I expect the Bitcoin price to rise by 30% in July, potentially exceeding $85,000, although current technical indicators lean towards a bearish trend. Therefore, if you are considering investing in Bitcoin, now might be a good time to consider buying, especially if you can handle volatility and have a long-term perspective. It is advisable to regularly reevaluate positions and take advantage of any significant price movements to reap profits or adjust strategies.by bbitar3
BITCOIN: Interest Rate Unchanged - What's next?The interest rate remains unchanged while the BTCUSD price is struggling at a trend resistance. The Fixed Range Volume Profile confirms the strong resistance at $69.5k. BTC is now aiming for lower highs (confirmed today) and lower lows, with the next short-term support being located at $64k. My short position is open. Cheers, AresShortby ARESABIUpdated 1113
Bitcoin 2016-2024+ = Amazon 1997-2007+ ? Similarities OverlayedThe chart performance of Bitcoin from 2016 onwards is similar to Amazon's from 1997 onwards when overlaying the two charts. When looking at fundamentals both are innovative technologies that have network effects. Both are misunderstood at times and overbought at other times. The overlayed chart reminds about the risk of a short-term decrease in Bitcoin's price, but also reminds of the importance of keeping a long-term view if Bitcoin continues to perform similarly to how the stock price of Amazon did. This is not financial advice, your capital is at risk in all investments, don't invest unless you're prepared to lose all the money you invest. Bitcoin has a very high risk associated to it, do your own research, do not take any actions based on this idea.by dumcom3
Will Bitcoin ever break above it's old trend line again ? The point of this chart is not to look at future peaks, although we will touch upon it. The point is to take a dive into the indicator called the BTC log regression {Rainbow Dark} that is based on the Fibonacci sequence and the possible transition to the lower band from the top band. Bitcoins entire history has been on the upper band of this log and in the recent crash of this year it has broken below. It did break this upper band support once before it the covid crash of 2020 marked with the orange circle. Price action broke through but as we can see it quickly recovered and held as support into the eventual bull run. This sequence of events seems to have left us a couple of clues, being the first time there was a substantial breach of the bottom and the bull run not hitting the top. I think yes, it could telling us that Bitcoin is now transitioning {reset} to the lower part of the band and it's most likely could be the new trending range. To confirm this theory we need two touches, one on top and one on the bottom. In my opinion the only questions that remains is which line will be touched first and what will be the path. I do believe the top of this lower band could be the top of Bitcoins next bull run and the bottom of could be the bear market, of course only time will tell. I do not believe we ever go to top of the band ever again and could possible be the new resistance point for future bull market tops. Just purely on looking at this lower band and assuming that we have a new bull market that tops in March of 2025, price point is showing a possible of just over 200k top. My speculation is bitcoin moves towards the top first and then touch the lower part of the band later next year at relatively the same price point as now which would mark a double bottom that ultimately sparks the new bull run. There is only one thing for sure, Bitcoin will surprise everyone. Keys to look at is the stochastic RSI. this will show which way momentum is going. This is not financial advice and should not be taken as such. it's an observation. Thanks for looking and leave comments below. Editors' picksLongby WeAreSat0shiUpdated 113113938
BTC/USD Poised for Bullish Momentum Amid ConsolidationBTC/USD Daily Chart Analysis Trend Analysis: - The daily chart shows an overall bullish trend with higher highs and higher lows since late last year. - Recently, the price has been experiencing consolidation with some volatility but remains above key support levels. Support and Resistance Levels: - Immediate Support Level: 65,000, which could act as a strong support if the price pulls back. - Next Support Level: 62,400, a significant support level that has been tested previously. - Immediate Resistance Level: 70,000, which could act as a barrier to upward movement. - Next Resistance Level: 73,800, a key resistance level that aligns with recent highs. Technical Indicators: - The recent price action and candlestick patterns suggest consolidation within a bullish context. - The overall momentum remains positive, indicating potential for continued upward movement. Direction Preference: Given the current bullish trend and the higher time frame, the preferred direction for BTC/USD in the short to medium term is bullish. The price is likely to continue moving higher towards the resistance levels of 70,000 and potentially 73,800. Key levels to watch: - Pivot Price: 66120 - Resistance: 70000, 73810, 76500 - Support: 64900, 62400, 59940 Conclusion: The BTC/USD daily chart indicates a bullish trend with continued upward momentum. It is advisable to consider long positions, targeting the resistance levels at 70,000 and 75,000. Monitor for any signs of consolidation or pullback, but as of now, the bullish trend remains the preferred direction for today and the near future.Longby SroshMayiUpdated 7
bull scenarioI have a bull scenario here that targets 80k tomorrow I will post a bear scenario.by martinhoeksema82
June 19 Bitcoin Bybit chart analysisHello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. There is no Nasdaq indicator announcement. Yesterday, after touching the center line of the Bollinger Band weekly chart, Creating an upward trend in a pattern Bollinger Band 1-hour chart resistance line has been touched. Yesterday's rebound in section 2 is judged to be meaningful, From the current location, there is a vertical decline in the case of tether dominance. Considering the possibility, I think I'll miss the entry point. I came up with a catch-up buying strategy. Purple finger at bottom left $64,580 is the same as section 2 that we entered yesterday. Strategy connected. *Red finger movement path Long position strategy 1. Chase buy at $65,167 / Stop loss when the purple support line is broken 2. Long position target of $67051.5 3. $66624.5 additional long position entry area / stop loss when breaking out of the purple support line Yesterday, a short position was operated separately. If today's strategy is successful, there is a possibility that the correction will not be strong. This is a section where you can't have much fun with a short position. In case of tether dominance, Bollinger Bands continue to rebound on the 4-hour and 6-hour charts. Today, there is a possibility that the central line will be strongly breached within 12 hours. It appears that it would be advantageous to operate mainly on long positions. According to the Ichimoku Balance Sheet, only the 30-minute chart is positive. If it breaks away from the purple support line, it can become a dangerous position. I set a stop loss at the entry point. Although the possibility is not high, there is a possibility of a vertical rise in Nasdaq as well. Section 1 at the bottom is expected to be a sideways trend sloping upward to the right. The part where you can't feel reassured by touching the central line of the Bollinger Band weekly chart From the bottom, it's enough until 9 o'clock next Sunday There is a possibility of retouching, so be careful. Please note that my analysis up to this point is merely for reference and use. I hope you operate safely with principled trading and stop loss required. thank youLongby BitCoinGuideUpdated 4