BTCUSD BUYMarket sweeps PDL with strong displacement to the up side with MSS and IMB and breaker entry at the 50% of IMB and target 1:2RRR lets see how it goes Longby Billionairegroup_co113
BITCOIN on weekly🚀Hello, friends! Today I present to You a very simple chart. Each of You can describe it yourself. What do you see on the chart? Will it be the same this time? Thank You for showing interest in my work🚀 Always sincerely Yours, Kateryna 💙💛Longby RocketBomb131350
BTC forecasting As we see here in our logarithmic chart, Bitcoin has been adhering to this trend line curve since its inception. Each year, the upward angle decreases, aligning with an increase in the duration of the ascent and a decrease in the percentage of the ascent. The correction occurs at an almost constant angle until it touches the bottom line. If Bitcoin continues on this path, I predict it will reach $102,000 by September of this year, then it will begin a correction with an angle similar to the past, reaching prices between $44,000 and $49,000, which are support zones. Longby TTM_20223
Bitcoin - Time to get in is now Short and sweet chart - Amazing risk and reward.. Go for it.. Stop Loss is key as mentioned on the chartLongby ABFX6Updated 1
Right where we are supposed to be in the #Bitcoin cycle. Watch the calendar not the price. Hard to implement. But it's the only way to keep your sanity investing in #Crypto :) We have had double bubble's Parabolic tops marginally higher high, double tops what next a rising wedge top, triple top , a clean head and shoulders? all that we know , we must fear the euphoria and fade the crowd.Longby BallaJiUpdated 2211
#Bitcoin & The business cycle are intertwined!In the bottom pane is the US Purchasing managers index number a number below 50 ( and nearly all the time below 47) means a recession/ economic slowdown is looming. But as you can see on the rebound , as the PMI number moves above 50 and back into a expanding economy we have seen it coincide with the great bitcoin bull markets. Let's hope this trend continues. Longby BallaJiUpdated 225
WEN ATH for #Bitcoin ... July 2024Based on past cycles The breakout should occur around 33 months post the 2021 high With the top occurring Q4 2025 This could be front run of course. As the thesis laid out by Bob Loukas. And I do lean into the idea this is going to be a major top for #BTC Resulting in the halvening failing to provide the expected pump in 2028Longby BallaJiUpdated 121210
The quickening of #BTC RSI & price extremes!I don't make the rules. :) We are just surfing the waves of emotions, of the crowds. Here we have Monthly line chart with the RSI It clearly shows a quickening of the trend and how the 4 year cycle is likely to fail this time around. It is too well know as a theory and will be front ran. (in my opinion) We should get a RSI peak at this rate, around May (could be June ofc) and second lower peak around November (or DEC ) As always good luck in your speculations #Crypto's are highly speculative instruments as we all know During these tops you will be told many stories you must have the wherewith-all to ignore the noise. by BallaJiUpdated 4413
Bitcoin: lost upside momentum?The story about the first ETH ETF continues to shape the crypto market sentiment for the second week in a row. SEC made its initial approval, but the question still stands when they will approve the first ETF to be officially listed. In this sense, the market took a moment to reflect on this information, so the BTC trading was a bit left behind the spectrum of investors. The BTC price was moving in a relatively short range during the week, between levels of $70.489 and $66.902. The $70K resistance has been tested for one more time, but again, without a market strength to finally break it. The RSI is moving away from the overbought market side, currently osculating above the level of 50. However, without a clear push of the price toward the upside, it could be expected that the indicator will slowly start its path toward the oversold market side. Moving average of 50 days is moving as a parallel line with its MA200 counterpart. There is still no space for a potential cross in a short period of time. The charts are still mixed a bit. It is interesting that from the mid-March this year, the market could not find a strength to sustain prices above the $70K level. Sort of market exhaustion is evident on the BTC market, in which sense, some reversal might be possible in the coming period. This is not necessarily a bad thing, as a prop in price will increase its volatility and buy-the-dip buyers will for one more time push the price of the BTC to the higher grounds. At this point on short term charts, it is unclear where this price might stand. Looking at the higher frame, the level of $ 65K is marked, however, the support line at $60K stands as the end of the cycle. For the week ahead, there is lower probability for a $ 65K support line, but also low probability that $70K resistance could be breached. by XBTFX10
BITCOIN: HISTORICAL AND LOGARITHMIC CHART!This chart is based on historical data and is logarithmic. I believe that the correct fit is a square root function in the logarithmic chart, meaning that the growth is slowing down on long timescales. BTC cannot continue to grow exponentially; this would lead to insane prices of many millions in 2025. While I am a long-term Bitcoin bull, one has to remain realistic. The cause of these growth cycles is the halvings, which lead to a supply shock followed by a subsequent rally—every time. These are all guesstimates, of course, but I think this chart is realistic. The long-term goal for BTC in 2025 is around 150K to 180K USD, in my opinion. It won't go much higher afterward and can be seen as the final asymptotic price. Important Things to Note - During the 2016 bull run, after breaking its previous ATH, BTC had a 303-day bull run and reached a new ATH of $19,666. - During the 2020 bull run, after breaking its previous ATH, BTC had a 337-day bull run and reached a new ATH of $69,000. - In the 2024 bull run, BTC broke its previous ATH in just 500 days, which was not expected. The current situation is that BTC broke out of its previous ATH and is currently retesting it. Based on historical data, we can expect a bull run lasting between 303 and 337 days. I hope this chart helps people understand the long-term growth dynamics of BTC. This idea is presented in a probabilistic manner.Longby CRYPTOMOJO_TAUpdated 1818309
BTC Breakout and Rally to $100k Is ImminentBTC broke out of a longer term bull pennant and is now consolidating above and forming another bull flag on a smaller time frame. I'll be looking for longs on this and things like COIN if the breakout occurs, ATH would be the final obstacle.Longby AdvancedPlaysUpdated 5
Cup and handle still validBulls need to step up to confirm the short squeeze (handle breakout) trade is still valid, and active. still above 200 ema sp500 still in the green Longby Captainobvious54540
BTC predictionsOver the past week, Bitcoin has experienced a notable surge, reaching its highest level since November 2021. The price of Bitcoin topped $57,000, marking a significant increase from its previous levels earlier in the year. This uptrend is driven by a combination of factors, including positive market sentiment, strong institutional inflows into Bitcoin ETFs, and anticipation of the upcoming Bitcoin halving event scheduled for April 2024. Coinbase analysts have observed that the factors exerting downward pressure on Bitcoin are diminishing. The completion of liquidations by the defunct exchange FTX and the recovery of some bankrupt crypto entities have stabilized the market. Additionally, the Bitcoin spot ETF market has shown stable performance, with significant daily net inflows and trading volumes, further boosting investor confidence. Looking ahead, analysts are optimistic about Bitcoin's performance for the remainder of 2024. Predictions indicate that Bitcoin could reach $85,000 by the end of the year, driven by continued ETF inflows and historical post-halving price trends. Overall, the outlook for Bitcoin remains bullish, with market conditions and institutional interest supporting its upward trajectory.by pips1000s111
My active tradeGood luck to all traders Cup and handle forming, it can fail but no indicators are showing at the momentLongby Captainobvious5454Updated 0
Bitcoin Monthly Chart Analysis!!Hello friends. Bitcoin (BTC) has broken its previous all-time high and successfully retested it. The monthly candle closed at $67,548, indicating strong bullish momentum. Previous All-Time High: BTC breaking and retesting this level indicates strong support and a potential base for further gains. Monthly Close: The monthly close at $67,548 indicates continued buying interest and bullish sentiment in the market. Support Level: The previous all-time high now acts as a strong support level, providing a solid base for BTC’s upward move. Resistance Level: The next significant resistance levels could be around $72,000, $74,000, and $76,000. Bullish Scenario: Continued upward movement could see BTC testing and potentially breaking the next resistance levels. Continued bullishness could lead to new all-time highs being reached due to strong market sentiment and institutional interest. BTC may consolidate around current levels, gaining strength before the next significant move. Consolidation phases are common after substantial bullish momentum, causing the market to stabilize. If BTC fails to maintain its current levels, we could see a pullback to retest support around the previous all-time high. Failure to hold this support could signal a deeper correction, although this is unlikely given the current bullish momentum. The current levels provide a favorable entry point for long positions, with significant upside potential. Apply stop-loss orders below key support levels to mitigate potential downside risks. BTC’s successful retest of the previous all-time high and strong monthly close at $67,548 indicates a bullish trend. We are optimistic about BTC’s ability to continue its upward trajectory and reach new highs. Stay tuned for further updates and analysis! 🚀 What are your thoughts on this chart? Feel free to share your thoughts in the comments section. Thanks! Longby CryptoSanders95639
BTCUSD SELL Looking at the chart we have a displacement to the down side and a PDH and ARH sweep and a MSS followed by an IMB and a breaker we enter of the IMB stops at the high and target 1:2 RRR..Shortby Billionairegroup_co1
BTCUSD SHORT IDEAThis is my analysis of where price goes. If you want to follow strictly follow stop loss and secure profits. Trade at your own risk!Shortby jayforex0724Updated 0
A break above $70k, could be more bullish than you might think.We don't have perfect conditions here, but I think with a news catalyst or some new fundamentals we could have a big break up. There are 2 bull flags that I have noted on the chart and I would expect to see some action soon. I am neutral for now... The 2nd triangle should have a break soon. Not financial advice, DYOR.by ChartProphet2
next posibblity moveStochastic at oversold, the price is making sideways movement and we have higher low above EMA50. soon next move posibilty is upward after breakout from shortime downtrend. $75k next new high or $85k? Longby Malaysiancryptocommunity3
BITCOIN - $150,000 OR $40,000? - 2024 - CryptoManiac101BITCOIN / USD TA 1. Price Levels and Movements: - The current price is around $67,696.56. - There is a notable high at around $68,470.80. - Fibonacci retracement levels are displayed, indicating potential support and resistance levels: - 0.236 level at around $21,782.45. - 0.382 level at around $26,761.12. - 0.5 level at around $31,684.07. - 0.618 level at around $37,486.17. - 0.786 level at around $47,664.25. 2. Future Projections: - The chart suggests potential future price targets/retracements: - 1.0 Fibonacci extension level at around $64,736.25. - 1.618 Fibonacci extension level at around $156,705.06. 3. Trend Lines and Channels: - The price is moving within upward-sloping trend channels. - There are dotted lines indicating potential future price channels. 4. Annotations and Indicators: - Green arrows indicating potential buy signals and points of interest. - A pink arrow suggesting a significant price movement. - A highlighted oval region projecting a potential bullish move. - Various potential future price paths indicated by white lines. Overall, the chart is a technical analysis of Bitcoin’s price, indicating possible future price movements based on historical data and Fibonacci retracement levels.Longby CryptoManiac1014
BTC - Silence before the storm?BTC has been quite quiet lately but is it accumulating for an ATH? Let's look at the technicals. Technicals → We broke above the channel and respected the retest. However, we failed volume to confirm the trend break. Are we accumulating to go up, or we are we failing? → There is also a zone which price touched multiple times. Trade → I am conservative here for a swing trade. I like to see we a confirmed break at the 8H first resistance of around 70K$ Your trading friend, Simba Trades by Simba_Trading4