BTC.X Bitcoin Downside TargetsBTC.X Bitcoin Downside Targets Could go deep from here. 200W moving average is my bet over the next 6 months but there’s a lot of great targets here to keep in ming… Shortby SPYder_QQQueen_Trading2
Market Makers in Crypto: Who Controls the Cryptocurrency Market?Functions of Market Makers Market makers perform several essential functions in the cryptocurrency market, including: Providing Liquidity: They ensure there is enough liquidity between buyers and sellers to maintain active market participation. Providing Quotes: They offer bid and ask prices at any given time, facilitating trades between market participants. Risk Management: Market makers manage trading risks and maintain a balanced risk-return ratio to protect their interests and those of their clients. Providing Advice: They supply market information and analysis to assist clients in making informed trading decisions. Improving Market Efficiency: By reducing the spread between buyers and sellers, market makers enhance overall market efficiency. Market makers in the crypto industry operate similarly to traditional market makers. They provide market liquidity, execute buy and sell orders instantly, and earn profits from the spreads between these orders. However, due to the relatively unregulated nature of the cryptocurrency market, there is no stringent code of conduct for market makers, and the technical demands for ensuring transaction security are higher. Market makers follow a simple principle: "buy low, sell high." This approach requires handling large volumes of transactions, sometimes up to tens of thousands per second. They use advanced algorithmic programs to monitor numerous parameters and recalculate forecast prices multiple times per second, thus providing market liquidity without incurring losses. Despite this, even sophisticated trading algorithms can falter due to rapid trade speeds or incorrect price predictions. During periods of high volatility, market makers might incur losses while trying to stabilize the market. Therefore, a stable or slightly fluctuating market is ideal for them, while days with significant price movements can lead to substantial losses. In essence, while regular market participants react to past events, market makers anticipate future market movements to set optimal buy and sell prices and determine order volumes. Cryptocurrency exchanges and market makers often collaborate closely. Some exchanges maintain their own market-making teams, while others partner with third-party market makers. This cooperation can take two forms: Direct Cooperation with Crypto Exchanges: Exchanges offer special programs for market makers, providing personalized trading terminals. Through APIs, exchanges share order book information and market depth with market makers, facilitating pricing and matchmaking. Indirect Cooperation with Crypto Exchanges: Market makers provide over-the-counter (OTC) market-making services through intermediaries or platforms. Market makers are crucial but not mandatory for liquidity provision on crypto exchanges. They must negotiate terms such as commission distribution and trading volumes with exchanges to ensure profitable and smooth cooperation. Additionally, they must adhere to exchange rules and external regulations to ensure legal compliance. From a trading mechanism perspective, market makers with internal exchange connections play a significant role in price determination, which can help prevent price manipulation to some extent. Their presence enhances exchange liquidity, improving user experience and loyalty, and making the exchange more profitable. Consequently, exchanges often offer discounts to market makers for their activities. ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"! Educationby Crypto4light4
June 12 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. The CPI indicator will be announced shortly at 9:30 AM. There are two issues with the FOMC US interest rate announcement at 3 am. I think I just looked at charts all day today. Because the strategy is too broad It's difficult to explain in detail, but From Nasdaq to Tether dominance I created today's strategy based on time zone fluctuations. Also, at the bottom left Purple Finger $66795.5 was entered yesterday, June 11th. This is the entry section for a long position, and it is connected to today’s strategy. *Sky blue finger movement path Two-way neutral Long -> Short -> Long switching strategy 1. Chase buy at $67760 / Stop loss when the green support line is broken 2. Short position entry zone of $69,429 / Stop loss price when breaking the pink resistance line 3. Long position switching at $68,700 / Stop loss when the purple support line is broken. Long position targets are listed in order at the top. Top section $69,900 1st -> Good 2nd -> Great 3rd This is an important indicator announcement, so the reason for pursuing a catch-up purchase strategy is After difficult analysis This is because you may miss the entry point. Rather than aiming both ways, I think it would be better to focus on returning long positions. Section 1 at the bottom slopes upward to the right. Section 2 may be extremely lateral. There is a possibility of further decline after tomorrow. 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 youby BitCoinGuideUpdated 4
RENKO DOUBLE TOP Renko double top Smart money red dotted contraction means trend must be brought back up Whales red footprint trendline means smart money will use it as their own plot guidance My custom indicator is registered as ATR Longby The_ForexX_MindsetUpdated 111115
BTC - POSSIBLE LONG TERM SCENARIO (JAN 2024)This is my first post in 2024. BTC - POSSIBLE LONG TERM SCENARIO (JAN 2024) This is what I see BTC in a big picture at the moment. The lowest I anticipate (if happens) would be 36k. Moreover, BTC can correct when reaches around 48k. The top also can be around 150k in 2025. Let's see what will happen.Longby Ehsan_1307Updated 5536
2024-06-12 - a daily price action after hour update - bitcoinGood Evening and I hope you are well. comment: Interesting day. I did almost no updates on the posted chart. The pink breakout line was king again and I shorted it a second time for another 3000 points. I don’t care if the triangle is broken to the upside, when the market turns around again, it was a trap and the pattern lives on in my world. This market is not behaving as bullish as almost everyone on twitter tells you. Today nasdaq had an almost 2% day while Bitcoin stayed below 70000. current market cycle: trading range key levels: small range 66600 - 70000 / big range 56000 - 74000 bull case: Bulls tried to break to the upside but the breakout price around 70000 proofed strong resistance again. I don’t know how many times they will try again but I think the number is very low. Triangle will break tomorrow. Bulls need 70000 and above, otherwise it’s lights out. Invalidation is below 66000. bear case: My target for the bears, if they break 66000 is 65000. There I will decide how strong the move is and if we can get to 64000 fast. If they fail to close tomorrow below the daily ema at 68600, my bearish wave series is probably wrong and we more more sideways until we get a bigger impulse. Invalidation is above 70000. short term: Neutral here inside the triangle. —unchanged medium-long term: down to 40000 (could take 3-6 months). Could also drop to 20000 again but let’s make 40000 first and see how many want to buy there. —unchanged current swing trade: None. trade of the day: Short the breakout price around 70000, was good for 3000 points.by priceactiontds4
RENKO BEAR CRASH REJECTION with 111 ANÁLISIS Facts speak out. 1D TF Renko reveals the truth with 111 analysis. The most current yellow Renko block reads out uptrend. Here we also have another HIDDEN BULLISH DIVERGENCE much heavier than ever. 111 MA; below means bearish and above means BULLISH. Say good bye to the LAZY BEAR. GRIZZLY will return by 2026. First 2 yellow squares shows ATH but third met its course then MA fell enough to make us believe Bitcoin was headed 4 another crash while many also thought it was the end of the BULL RUN. The BULLS took control by rejecting the CRASH as many claimed below $30k and still insist. Rejection started in March 2024. Then a HIDDEN DIVERGENCE was mapped out as a plot. Whales knew all along this would happen from way back. After the peaks we all saw crashes, except for the third peak but rather dipped a little as a BEAR TRAP then did a reset which shows to move up much higher than $75k once it passes the 111 MA. Longby The_ForexX_MindsetUpdated 282833
Aug 1st D-DAYBitcoin is about to go nuclear and the due date is August 1st. I expect the launch to start sooner but if it isn't over my target line by August 1st then I can only assume we aren't going to supercycle and 80k is the top. Brace yourself.Longby JasonValiceUpdated 3
BtcGood news today !! Long now This is not a financial advice dyoor Enjoyy BullsLongby jupitertradeUpdated 221
Is Bitcoin Preparing for a Bull Run? Hello, dear friends!💙 Bitcoin has started to show a decline in price, even though other markets are experiencing growth. Despite the current price decline, Bitcoin's behavior closely mirrors the patterns observed before previous bull runs. Analyzing historical data, we can see that Bitcoin often undergoes a phase of consolidation and accumulation before significant upward movements. This phase is characterized by narrowing price ranges and reduced volatility, often forming technical patterns like triangles or flags on the charts. One of the key indicators suggesting a potential bull run is the breakout from these consolidation patterns. In the past, when Bitcoin has broken out of a well-defined triangle or flag pattern, it has often led to substantial price increases. Currently, we are observing similar behavior, where Bitcoin appears to be consolidating and forming a base of support. This base-building is crucial as it allows for the accumulation of buying pressure, which can propel prices higher when a breakout occurs. It's important to acknowledge that Bitcoin's current decline could be part of the larger consolidation phase, potentially shaking out weak hands and setting the stage for a more robust recovery. Such pullbacks are not uncommon and can often precede stronger bullish momentum as the market stabilizes and regains confidence. Moreover, market sentiment and external factors play a crucial role in the development of a bull run. Positive news, regulatory clarity, or institutional adoption can act as catalysts, driving investor confidence and increasing buying activity. With the macroeconomic environment showing signs of stability and other markets experiencing growth, Bitcoin's current consolidation phase might just be the calm before the storm. Pay attention to the price formations I've circled in yellow and pink, and notice how the price reacted afterwards. In conclusion, while Bitcoin is currently seeing a price decline, its behavior still exhibits patterns that have historically preceded bull runs. If this trend continues and we see a confirmed breakout from the current consolidation phase, it could signal the start of another significant upward movement. Investors should keep a close eye on key support and resistance levels, as well as external market factors, to position themselves advantageously for the potential bull run. Thanks for Your attention and interest in my work. Always sincerely Yours, Kateryna💙💛Longby RocketBombUpdated 2226
Bitcoin has potential, long term analysis gives a clear indicatiBitcoin looks like its gonna go all the way up, wont go into detail as this is a long term setup however, be prepared for retracements as it looks like it has a great potential of falling maybe under $65 000, long term analysis has a clear indication of a bullish trend however I personally dont advice people to trade but to buy and hold coins as risk is more calculated that wayby pulemainamotsoeneng2
$BTC to 100k #SUMMER2024Crazy to say it, crazier to see it. But a simple look at chart has me thinking 100k by end of "white boy summer". How to play it? 1) Easy way - Buy and Hold the Coin on a wallet 2) Hard way - face of with the Algos in the options battlefields of; MSTR, MARA, BITO, COIN, etc 3) Prof way - mix of both (risk management) GLHF Longby Prophecies_R_UsUpdated 4
BTC Next levels to look at above You can see here on the chart that there is a 4hr breaker block above the REH marked out on the chart, I will set alerts here to to see if we dig into that for a short set up. As we are currently at the previous days high and holding around there i would only consider a short here if we start building another breaker block on the 15m and come back and retest it to short it. For now it's just monitoring what is going to happen for the next set up Shortby salamanka1
BITCOIN ( BRAKING TURNING LEVEL )BITCOIN Tendency the price is under BULLISH pressure at 67,241 Turning level : The turning 67,241 , so as long as the price above this level, there will be a bullish trend resistance level : the trading above the turning level 67,241 , the price will rise to 70,059 stabilize this level , there will be reach 72,154 and 73,154 support level : The trading stabilizing below 67,241 , the price will reach the support level of 64,764 corrective level : price will attempt 67,241 , correct itself before rising Longby ArinaKarayi3
BITCOIN SENDS CLEAR BEARISH SIGNALS|SHORT Hello,Friends! Bearish trend on BITCOIN, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 66260. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 117
TRUTH UNVEILED 4 Price next Target Smart money trendline. This is their FOOTPRINT. You all know what happens when I draw their trendline. They follow it back and forth. My Whales indicator shows reversal which reveals their next plot. Passing $72k. Longby The_ForexX_MindsetUpdated 19
I am looking for a short-term sell.Those who are passionate about trading know that this is a tough business. You have to understand that the predictions people make regarding the price movement directions are based on probabilities. There is no such thing as 100 percent direction in the market and that is because the market can turn against you or your direction any time it wants. The reason doesn't even matter, it could be the news of some geopolitical changes, oil cut production or war, or many other factors that could impact the financial market. If you have one or more good reasons that the price will follow a certain direction all you have to do is to take a small risk entry in your direction with a good risk-to-reward ratio and just wait and see how the market will perform. A trader could have 1 good reason or a few reasons why his bias is up or down. The reasons could be based on particular studies, past behavior, fundamentals, technical analysis, or certain observations. The important part for you to understand is that the market is in a continuously changing process this means that yesterday's prediction, today could be irrelevant. The market does not have to follow your analysis. You have to follow the market, observe its changes, and react accordingly to them! I hope some of you will find this helpful, good luck!by Leorado1
Bullish rise?The Bitcoin (BTC/USD) has reacted off the pivot which has been identified as a pullback support and could rise to the 1st resistance level which is an overlap resistance. Pivot: 66,022.69 1st Support: 64,588.58 1st Resistance: 68,777.23 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarkets228
2024-06-11 - a daily price action after hour update - bitcoinGood Evening and I hope you are well. bitcoin comment: Closed my swing short for big profits, I hope you made some. Next I expect the triangle to play out and probably break to the downside. The breakout-retest at 70137 was as perfect as it gets. Bitcoin’s fate also lies with the CPI and Jpow releases tomorrow. If markets rally, so will btc. If we sell-off, btc permabulls will be delighted to be able to add to their positions at much lower prices soon. current market cycle: trading range key levels: small range 66600 - 72000 / big range 56000 - 74000 bull case: Bulls printed the first good looking 1h bars since Friday, today at 6.pm. CET. They are holding on for dear life here at 67000 because below is hell for them. I can see the triangle playing out and the market moving some sideways here. If bulls are strong again, they will get back above 69000 but I highly doubt that. Invalidation is below 66000. bear case: Bears are now below all bigger 20ema and got a second leg down inside this trading range. A third leg would bring us right to the bull trend line on the daily chart around 65000. Bears are in full control here and unless all other markets rally hard tomorrow, Bitcoin is done imo. Decent chance that we won’t see 70000 for a long long time if catalyst’s tomorrow are bearish. Invalidation is above 70000. short term: Neutral here inside the triangle with slightly higher odds for the bulls to trade back to around 68800 before down again. medium-long term: down to 40000 (could take 3-6 months). Could also drop to 20000 again but let’s make 40000 first and see how many want to buy there. —unchanged current swing trade: None. Short from 70443, sl 71950 - closed for 3300 points. trade of the day: Small pull-back bear trend from Tuesdays Globex session. Bar 63 was the biggest bear bar and that late in a trend it’s a clear signal to exit your short position because the chance of this being the climactic end of the trend is high. Longby priceactiontds223
long bitcoin; if it keep find buying volumn on the 50%, the periodic down might be institutional shakeout, be alert and watch the risk and good luck; Longby Gilbert09672
BTCUSD BUY You know the drill lets see how it goes ....its looks like we are going in for a buyLongby Billionairegroup_co2
BTC / USD Monthly ChartHello traders. I just want to say this about Bitcoin... We can move sideways through the summer before we start the true parabolic push up. This doesn't mean we can't start the push up sooner, which I would welcome. If we look at the history of the halvings, this is all part of the normal post bitcoin halving where we are in the last phases before the move up. Any significant dip is an opportunity for the commone people to get in and establish generational wealth. Big G gets all my thanks. Lastly, I would like to see Bitcoin at the bare minimum of $265,000.00 by Oct. 2025. I would expect it to be higher, but that is the minimum return from this halving in my opinion. Thanks so much.Longby musclemilk00751
BITCOIN (BTCUSD): Intraday Bearish SetupWe have observed two significant breakouts on 📉Bitcoin. The market has been consolidating for about two weeks. Prior to this period, the price was moving within an upward trend line and after reaching the 74,000 resistance level, the market began to consolidate. However, we have now witnessed a breakout below both the upward support trend line and the trading range, showing that sellers are in control of the market. This indicates that the price may potentially decrease to 64,004 next.Shortby linofx1222