77k is on the horizonThe formation of a rising pattern is about to end, it could be a flag, which could take us to 77K , if its not a flag we can go lower but at the end bull trend is intact. Longby AllAboutMoney1
Potential outcomes to prepare forI am still bullish on Bitcoin at this range. Coinbase is selling hard here, but there is strong support in this region. I believe there will be a transfer of coins from the active sellers to the passive buyers. Once they are done selling, I believe price will remain above 63k, and there will be a final break of resistance into a true breakout. However, if price does drop below support / consolidation is bearish, this idea will be invalidated.Longby r90000110
BTCUSD The Target Is UP! BUY! My dear followers, This is my opinion on the BTCUSD next move: The asset is approaching an important pivot point 69455 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal -70135 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCKLongby AnabelSignalsUpdated 113
btc/4hHello traders hope you are enjoying our Analysis. Now we are here again with a new trading opportunity ,we will discuss today about btcUSD smart money concept analysis: Don't get caught in whale traps. What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the authorby IQgroupsUpdated 1
Bitcoin - Looking To Sell Pullbacks In The Short TermH1 - Strong bearish momentum Most recent uptrend line breakout Until the strong resistance zone holds I expect the price to move lower further after pullbacks.Shortby VladimirRibakov3
Trade #19 LongLong at 66,700 targeting 75.0 for a 2:1 risk-reward with a 6% stop-lossby Theta-DigitalUpdated 1
#Bitcoin, levels to watch.#BTC : Nice recovery over the weekend; should hold the same by the end of weekly close. The price is stuck between FWB:67K and $71.3k. The main support below FWB:67K is $60.3k. Break and close above $71.3k would signal another attempt for a new ATH. Unless we break either of these levels, Bitcoin remains choppy. If you're playing on leverage, stay cautious and keep an eye on the weekly close. I have an announcement to make, stay tuned! Please hit the like button if you like my posts. Also, Let me know what you think in the comment section. Thank you #PEACELongby Cryptorphic6639
A degens projection for BTC for the next week and a bit.Just a visual of what I see when I look at the BTC chart on the daily. This is think is possible over the coming days or weeks leading up to the end of this month. What do you think? by AverageDegenTrader2
$BTC supply crash: fairy tale, the untold story."Bitcoin price is set to skyrocket in the near future, claims an analyst on X. The analyst pointed out that the supply of BTC on exchanges has crashed." There is this common misconception that because the number of Bitcoins held on exchanges is getting lower every passing day, this will create a supply crash and push Bitcoin to the moon! Actually, if you scratch the surface, the opposite is likely to happen. Historically, after the halving, the division by two of the number of Bitcoins mined has done exactly that. After a period of time, the demand exceeds the supply, creating a massive bull run. But this cycle in 2024, everything is different. Most people only see the superficial aspect: yes, there are fewer Bitcoins available for trading. But what they forget to mention is that in this cycle, a lot of the supply is held by governments and agencies, outside of the market. Let's summarize the situation. As I am writing, there are 2.8M Bitcoins on the exchanges. However, outside the market: - 210,000 CRYPTOCAP:BTC are held by the US government. - 200,000 CRYPTOCAP:BTC are held by Mt. Gox litigators. - 136,295 CRYPTOCAP:BTC are held by an unknown wallet. - 285,105 CRYPTOCAP:BTC are held by GBTC, and many anonymous addresses who can sell at any time. That means at least 700,000 BTC are held by institutions and government agencies and are about to be sold. The big difference with this 2024 cycle is that: - The ones who own these BTC do not care about the price. They are not traders but rather employees with obligations to sell when required. - About 40% of the available supply is not in the market and therefore will have to be sold. Today, CRYPTOCAP:BTC dropped 2%, with about 2,000 CRYPTOCAP:BTC sold on Binance. Imagine if one of these entities sold 10,000 CRYPTOCAP:BTC at once? My point is that the normal CRYPTOCAP:BTC cycle is totally invalidated by this supply of $BTC. Their sale will affect the price of CRYPTOCAP:BTC negatively, at least until the demand catches up. The sale of these BTC might create a panic sell from the ETF issuers, which would wreck the whole crypto space for a while. Conclusion: the supply crunch will not happen. Instead, these institutions will increase the supply by selling their holdings on the market, negatively affecting the price of Bitcoin. It is even possible that the bull market could be canceled if too many of these CRYPTOCAP:BTC are sold, nullifying the halving effect and creating a never-before-seen early bear market. by CryptoNikkoid335
short BitcoinWarning sign for bitcoin, reaching the top resistance, no signal for buying volumn yet, do not long, stay alert, slightly short, management the risk, good luck.Shortby Gilbert0967113
Btc/Usd Sell Signal On Hour 4Bitcoin made a double top on the 4 hour time frame. After this double top was form it made a swing low on friday. Saturday it slowly pulled back up and that pullback seemed to be rejected sometime this morning here in the United States. So the short term signal on the hour 4 chart would be to sell Bitcoin. Im trading very small and using a stop loss a little bit above yesterday's candleShortby RlcTrading1
$BTC repeat since last cycle, 06/10/24 - 06/10/2030CRYPTOCAP:BTC repeat since last cycle, 06/10/24 - 06/10/2030 Steady chop until 07/18/2024, then retest $71k and beyondLongby Onceuponad1m31
#Bitcoin Weekly Technical Analysis by Cryptorphic, Target $155k!Overview: This analysis looks at the historical and projected price movements of Bitcoin (BTC/USD) on a weekly chart. Historical Price Movements: 1. First Major Rally (2016-2017): - Growth: 4,499.77% - Price Increase: From ~$430 to $19,439 - Duration: 86 bars (602 days) 2. Second Major Rally (2020-2021): - Growth: 1681.18% - Price Increase: From ~$3924 to $69,889 - Duration: 95 bars (665 days) Current Trends: - Current Price: $70,004.70 - Support Levels: $44,532,$52086, $60200, $68300 (Immediate support) - Resistance Levels: $73,000.00 (immediate), $138,000-$155,000 (projected) Moving Averages: - Purple Line: 20-week moving average - Pink Line: 50-week moving average Future Projections: - Potential Target: $138,000-$155,000 - Critical Date: April 2, 2024 - Trend Analysis: Watch for a breakout above $75,000. Conclusion: Bitcoin shows strong bullish trends. A breakout above $73,000 could signal another major rally. Monitor the 20-week and 50-week moving averages for trend confirmation. Simple maths, Fractals and all the data from indicators suggest Bitcoin is poised to hit $100k+ by EOY. SO AVOID THE NOISE, LOOK AT THE BIGGER PICTURE! Disclaimer: This is for informational purposes only and not financial advice. Conduct your own research before investing. Please hit the like button if you like it and share your views in the comment section. Thank you #PEACELongby Cryptorphic22
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 4420
BRIEFING Week #23: Markets Keep ConcentratingHere's your weekly update ! Brought to you each weekend with years of track-record history.. Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil23:01by PRO_Indicators1112
BITCOIN Will Go Down! Short! Here is our detailed technical review for BITCOIN. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 69,484. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 68,495 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 116
BTC breakout done - ready for next move ** CRYPTOCAP:BTC performed Falling wedge in 1D TF ** Keep eye on it Trading a falling wedge breakout involves identifying a chart pattern called a falling wedge and executing trades when the price breaks out of this pattern. Here are the steps you can follow: 1. **Identify the Falling Wedge:** - Look for a downtrend in the price movement. - Identify converging trendlines where the upper trendline (resistance) slopes down at a steeper angle than the lower trendline (support). - The pattern resembles a wedge pointing downwards. 2. **Confirm the Falling Wedge:** - Confirm the pattern using other technical indicators like volume. Ideally, during the formation of a falling wedge, the trading volume should decrease. 3. **Wait for Breakout:** - Patiently wait for a breakout to occur. Breakout refers to the point where the price moves above the upper trendline of the falling wedge. - The breakout should ideally be accompanied by a noticeable increase in trading volume, confirming the strength of the breakout. 4. **Entry Point:** - Enter a long (buy) position as soon as the price breaks above the upper trendline. - Some traders prefer to wait for a confirmed close above the upper trendline to reduce the risk of false breakouts. 5. **Stop-Loss Placement:** - Set a stop-loss order below the lower trendline or a recent swing low. This helps limit potential losses in case the breakout fails and the price moves back into the wedge. 6. **Target Price:** - Determine a target price based on the height of the wedge. Measure the distance from the widest part of the wedge to the starting point of the wedge and project that distance upwards from the breakout point. Remember that trading always involves risks, and it's crucial to have a well-thought-out strategy, risk management plan, and the discipline to stick to your plan.Longby Crypto-Adda_OfficialUpdated 223
Bitcoin 2020 vs 2024Hello, me dear-dear friends! Today, I have prepared a comparison chart of Bitcoin's price formation in 2020 and 2024 for You. We can see a very interesting pattern on the chart! Specifically, after forming a triangle, the price broke upwards and then halted its ascent, starting to accumulate right at the support level. That's an excellent signal, in my opinion.🚀 In the near future, we might see either reduced volatility in the market or a sharp upward surge, depending on market sentiment!🤞 Yesterday's chart is also useful, and I highly recommend You check it out :) Thanks for Your attention and interest in my work🫶 Sincerely Yours, Kateryna Longby RocketBombUpdated 4441
A BULLISH SCENTThe Pressure on 72K is accumulating power for a gravitational breakthrough for the crypto Indutry.....BRIGHTSON Longby stay_23Updated 116
Still watching for 74.5-75K targetMorning folks, Mostly this idea is a continuation of the previous one, but there I've put too many updates already. So let's make the new one... BTC also was hurt a bit by NFP numbers on Friday but not as strong as EUR or Gold market. We suggest that it keeps bullish context valid. Besides, we've got bullish grabber on Friday as well. Our nearest upside target remains the same - around 74.5-75K area. The trades that you could make here are depend on pattern that you would like to follow and personality. Speaking about big reverse H&S - nothing has changed here. You could wait for 63-64K area where the right arm should be formed, you apply gradual accumulation of the position. Since we had bearish reversal session on Friday, market could move slightly lower and if you're aimed on the butterfly, you could wait for slightly deeper retracement. Finally the grabber - if you want to trade grabber then you need to buy right at current levels. Or you could combine it with butterfly trading as well... THey have just slightly different stop levels. So, choose your poison. :)Longby Sive-Morten8
Bitcoin Monthly chart - right on target A nice simple post showing you how PA has repeatably tested the previous ATH line for a period before pushing up to the next ATH. The Green circles show you this. Note how the periods just below the previous ATH line are getting longer. And we are now very close. But for those that are impatient for this move higher, Hang on...this is a monthly chart -> We may have to wait as long as September.... But it could be tomorrow..... But that move up is coming......................... ACCUMULATEby Orriginal2