BTC Supported at $65KBuyers are defending at FWB:65K levels. This level was the high of 1 Apr 21 on the month chart. Watch the outcome of this level.Longby chriseah110
Thoughts on the market & how I am trading thisI wanted to post a more precise idea. My previous ideas were bullish Bitcoin but I wasn't sure where price would bottom. So I drew a large rectangle to show where I would start scaling in. Now I believe we are close to the absolute bottom before new highs. I would look for price to hold for a few days first, while also being able to make new highs on a smaller timeframe. Then I would TWAP over a few hours to get fully filled. The position size can be increased as well, if Bitcoin is able to reclaim 67-70k. If we keep looking weak, I will exit. Longby r900000
SELL YOUR BITCOIN AND GO TOUCH GRASS IN THE SUMMERINDICATOR SIGNAL - SELL SELL YOUR BITCOIN AND GO TOUCH GRASS IN THE SUMMER I want this to buy wrong on BITCOIN Last 3 summers has been either sideways or down Need y'all to start bidding I was promised onchain summer in 2024Shortby SpecuVisionary0
BTC/USD 18/03/24 The wise choice would be to be Bullish due to previous price action... although being at previous resistance means we could fall... Currently above 60K, a test of support expected (consolidation). We either drop or continue with the pump (Bullish).by DENCHMONUpdated 2
$BTC Short Term PlayThis is my idea about CRYPTOCAP:BTC short term, please be cautious as we approach the halving date. I didn't enter in this trade, this is just an idea. * This is not FA and please DYOR. Longby SakozaUpdated 7
BTCUSDWhy BTC could touch 44.000 usd? In my previous chart I predicted price to 31.000 usd. If price can not go up, price will go down. RSI is bearish, we have head and shoulders on RSI, it means that price need correction. Weekly chart.Shortby MladenJelic0
Bitcoin fighting to break away from 60k zone for goodthird time in bitcoin history it broke 60k but recently has been showing signs of breaking up for good. Thoughts? Longby arizalamoreno1
Bitcoin Halving - What will happen? Historically, Bitcoin halvings have been associated with price increases in the past. Supply Reduction: Bitcoin halvings reduce the rate at which new Bitcoins are created, effectively reducing the supply. Historically, this reduction in supply has led to upward pressure on the price as demand remains relatively constant or increases. Halving Anticipation: Many investors and traders anticipate Bitcoin halvings, and this anticipation can lead to increased interest and buying activity leading up to the event. The "buy the rumor, sell the news" phenomenon can contribute to price increases before the actual halving takes place. Historical Patterns: In the past, Bitcoin has experienced price increases in the months leading up to and following a halving event. While this historical pattern doesn't guarantee future gains, some investors may use it as a basis for their investment decisions.Longby MiguelFTCuradoUpdated 112
BTC HALVING - What will happen? Historically, Bitcoin halvings have been associated with price increases in the past. Supply Reduction: Bitcoin halvings reduce the rate at which new Bitcoins are created, effectively reducing the supply. Historically, this reduction in supply has led to upward pressure on the price as demand remains relatively constant or increases. Halving Anticipation: Many investors and traders anticipate Bitcoin halvings, and this anticipation can lead to increased interest and buying activity leading up to the event. The "buy the rumor, sell the news" phenomenon can contribute to price increases before the actual halving takes place. Historical Patterns: In the past, Bitcoin has experienced price increases in the months leading up to and following a halving event. While this historical pattern doesn't guarantee future gains, some investors may use it as a basis for their investment decisions.Longby MiguelFTCuradoUpdated 113
BTCUSD Support Rejection At $66208.53 14.06.2024BTCUSD support rejection at $66208.53 on 1hr chart. If rejection holds: Target $67025.48. Break above $67025.48 targets $67668.23. If rejection fails: Target $65170.17. Break below $65170.17 targets $63849.31. Apply Risk Management Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350) DisclaimerLongby BDSwiss_Academy0
BTC/USDTA butterfly spread involves buying and selling call options at three different strike prices. It's designed to profit from a moderate price move to the middle strike price while limiting potential losses. This strategy provides a balanced risk-reward profile, making it attractive for traders with specific market expectations.Longby B9A-88652-NisarAhmad0
btc how I think cycle will play out for my own reference so won't explain much x.com maybe just read this and think how that institutional money + ETH ETF trading starting fits into the chart inshallah PREby famousFlamingo98710
BTC breakout RallyBTC consolidation Breakout Rally from 67,000 to 68500. There is support at 66,000Longby Ernestitovic0
$BTC Daily UpdateCRYPTOCAP:BTC back on $66,323 support currently testing it, Previous 1D closed with bearish engulfing if followed thru it might break $66,323 support, next key support $64,344, next support from here $65,521. RSI on 1D looks weak. Watch the support areas, must regain $68,546 support to retest $69,813. Watch given S/Rby limitlessnash0
The speculative cup and handle is now valid and in playAfter the recent correction,the previous idea about this cup and handle (which I will link below) which described this pattern as purely speculative because we had not yet started to form a legitimate handle,is now no longer speculative as we have retraced enough and for enough daily candles to consider the current price action a handle even if it breaks above the rim line in jsut the next few days. There are still a couple speculative aspects to this chart. I went ahead and picked a random guesstimate for the length of the handle that I drew with the red trendlines. I tried to make it wider than it might actually be just to try to keep the price action inside its parameters as it develops…I also took its depth down to around the daily 50ma(in orange) it could go lower than that, or it could already have reached its lowest point, I felt doing so would be a nice middle ground for wherever it eventually finds its lowest point to be. Lastly where I placed the dotted green measured move line is also currently speculative…as always I just guesstimate an breakout point for the emasured move line until we have validated the breakdown then I go back an adjust the measured move line accordingly to get the most precise breakout target. Good news is where ever this thing eventually breaks out the target would be somewhere around 130k or higher. Now for the more bearish scenario, Iwent ahead and cloned the rimline of the cup and found that when I put it on the bottom and make a channel with it, there were enough pivotal candlestick touches on that line that not only is the cup and handle very valid so is the channel, this means should we somehow experience some sort of massive black swan, that it would be possible for price action to drop far enough to retest that bottom channel trendline and in turn nullify the cup and handle. This seems like a much lower probability than the cup and handle triggering its validation but it is indeed still a possibility…also, should it do something like that, and the channel becomes the more valid pattern, the breakout target of the channel would be roughly the exact same as whenever we were to break up and out of the cup and handle anyways, so to be honest, a retest of the bottom of the channel would actually be an even greater opportunity than if we just went ahead and broke up from the cup and handle itself because it would allow us to accumulate much more at a much lower price and the percentage of gains that could be made from all the way at the bottom of the channel to the final breakout target would be much higher. For now though I think just breaking up from the cup and handle is the much mroe probable outcome, but I am always ready for the less probable outcomes to occur as well. Really, in my opinion, no matter what happens in this situation, it’s a win win. *not financial advice* by DrDovetailUpdated 115
long bitcoinTwo things need to happen. First continuously tiny volume to signify that the selling power if gone. Second, a group of straight, up, solid, green candles need to appear after the first signal to demonstrate the buying power can easily drive the market up. Manage the risk and good luck. Longby Gilbert09670
BTC Longterm Idea Hey hope this post can help you to see everything from another perspective. I did this chart already last year where the pencil drawing starts. Let me know what you can see here in this chart I am really suprised how well I read the market but I have to say I made no profit I was just not sticking to my strategy.Longby TyrocryptoUpdated 1
Analyzing Bitcoin's Weekly Trend: Potential Sell Opportunity DetBitcoin, the flagship cryptocurrency, continues to captivate the attention of investors worldwide. As of the latest weekly trend study, Bitcoin is trading at a price of $66554.74, reflecting a substantial increase of 35.01% above the midpoint of its 52-week range. This surge places Bitcoin squarely at the zenith of its 52-week range, a notable feat considering its volatile nature. A closer look at technical indicators reveals an interesting picture. The Exponential Moving Average (EMA) with a 13-period stands proudly above the Simple Moving Average (SMA) with a 30-period. This alignment suggests a bullish sentiment prevailing in the market, potentially signaling further upward momentum in the short to medium term. However, amidst this seemingly bullish scenario, a cautious signal emerges from our technical analysis. Our proprietary indicator has assigned Bitcoin a TA score of 2, indicating a moderate signal. This score, coupled with Bitcoin's position at the top of its 52-week range, raises a flag for potential overbought conditions. While the EMA/SMA crossover implies short to medium-term bullishness, the TA score underscores the need for prudence. Despite the indications of a potential sell opportunity, prudent investors are advised to exercise patience and conduct further analysis on a lower time frame before executing any trades. Lower time frame analysis can provide valuable insights into short-term price movements, potential support and resistance levels, and confirmation of the sell signal detected by the TA score. In conclusion, while Bitcoin's weekly trend study reveals promising signs of bullish momentum, the presence of potential overbought conditions warrants caution. Investors are encouraged to remain vigilant and leverage additional analysis tools to make informed decisions. By staying informed and adopting a disciplined approach, investors can navigate the dynamic landscape of cryptocurrency markets with confidence. Disclaimer: This content has been automatically generated by an AI system and should be used for entertainment purposes only. It should not be used for any other purpose, such as making financial decisions. The information provided may contain errors, inconsistencies, or outdated information. It is provided as-is without any warranties or guarantees of accuracy. We disclaim any liability for damages or losses resulting from the use or reliance on this content.Shortby Aitch-T0
I still think we are going lower to the daily breaker FVG.Price has been nicely rejected in th order block and I think it will drop further to the Daily breaker / FVG confluence from where I would like to be bullish. 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 Shortby Dave-FX-HunterUpdated 1
SYSTEM throws a sell signal on BTC , i believe itI have finished hardcoding the Signal system for the crypto assets, and it threw s a sell signal on btc, now btc was not supposed to be bearish at all this year but lets seeShortby AdriaFX0
Crypto ready for a cookoff?Revisiting a weekly chart of a 9 symbol crypto mega cap index (BTC, ETH, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC) one can't help but notice price resting on a shelf that was formed during momentum running deep into overbought territory. As the shelf is more or less flat for many months, we see momentum cooling into saner levels. Price could continue to base out in what turns out to be a bullish flag, especially with the Nasdaq 100 ripping fresh records, inflation cooling, rate cuts likely etc... It's also a scary place to think about going long on crypto though as there's a big gap down to the major support level! Shortby quickshiftinnUpdated 0
Spring Comes only after WinterNot Financial Advice. The timing on a greater timescale could wrong but I believe in the predicted price movementsLongby SaeidoscarUpdated 2