Bitcoin to move lower to 53K BTC to move lower to 53K as it reaches closer to ALL TIME HIGHS. Bitcoin has seen some growth for a couple of months and now need to shift lower.Shortby ThePitTraders5
Bitcoin gets rejected for the second timeAfter falling below $67,000 last week, Bitcoin (BTCUSD) recovered much of the losses over the weekend and yesterday. Nevertheless, the rally stopped at the descending channel’s upper bound, and Bitcoin retreated lower. Currently, it trades near the $68,000 mark, and the short-term bullish trend is losing momentum. Accordingly, our focus remains on the resistance at $70,000 and support at $66,343. Illustration 1.01 The daily chart of Bitcoin (BTCUSD) above shows the descending channel. Two yellow arrows indicate rejections at its upper bound, which are slightly bearish. Illustration 1.02 The 4-hour Bitcoin (BTCUSD) chart above shows the ascending channel within the bigger descending channel, which can be used to observe the trend of a lesser degree; a price breakdown at its lower bound would bolster a bearish case. Technical conditions Daily time frame = Slightly bullish (turning neutral) Weekly time frame = Bullish (losing momentum) Monthly time frame = Bullish Bitcoin addresses The number of Bitcoin addresses with balances exceeding 1,000 BTC has not changed dramatically since our previous update. In fact, the figure is near a 3-month high, suggesting big speculators are not liquidating their positions despite steep price tags. Similarly, there was no significant change in the number of addresses with balances exceeding 100 BTC. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor or any other entity. Your own due diligence is highly advised before entering a trade. by Tradersweekly9
BTCUSD Uptrend is strong: 100k+ is imminentBTCUSD is holding key golden fib resistance during this uptrend since October 2023. 2W Heiken Ashi doji just printed as well, similar pattern as earlier in januar 2024. We are going much higher, 100k is just the first stop. Longby fugazitrade111
BTCUSD BUYLooking at the setup market has swept PDL and ARL we can see displacement to the up side, ,MSS and IMB we enter off the IMB and target 1:2 RRR Longby Billionairegroup_co0
BTC to break its ATH On June 12? The price of Bitcoin dropped 1.1 percent to $67,828 over the past 24 hours. Its price is now 8 percent below the all-time high reached in March, Trading View’s Bitcoin chart shows. Bitcoin is likely to break its all-time high if the upcoming May US inflation figures come in below April’s 3.4 percent, 10xResearch forecasts. “As the next CPI data release is scheduled for June 12, we expect that Bitcoin ETF inflows will likely remain strong(er) for the next two weeks. This should help lift Bitcoin to new all-time highs,” according to the crypto research firm’s daily note. Investors will have another inflation-related figure to trade on Friday, when the US personal consumption expenditures (PCE) index for May is released. The PCE index is expected to remain unchanged at 2.8 percent compared to April. According to ATTMO, both Bitcoin and Ether will profit from a bullish sun, indicating upside potential in the next 24 hours and the week ahead. Follow us for more crypto news and weather reports!Longby ATTMO1
Personal Op…BTC will drop to the value between 64,000 and 62,500 to seek liquidity and rise strongly. If it continues to go down, it will pass 62,000, it will make a bullish trend, creating resistance and it will go down to the value of 53,000 to rise strongly to the goal that BTC on the Halving wants to reach.by BuildProft1
BTC in huge bullish flag, when the breakout?Hello traderz! Happy to see you at the new trading week. Didn't post previous week, cause the BTC still moving in the same bullish flag. What is my thoughts and when we going to break it? End of the week we entering new month and, according to previous movements, we can see some growth middle of June and after again the correction till September cause summer is not really active for crypto even in bull run. Plus we still have descending volumes. Bullish signals: 1) Golden cross 2) Time cycles 3) Flag breakout (if will happen, can move SL) Doubts (or why to be careful): 1) Descending volumes 2) Weak market reaction 3) Summer season So I think we can long BTC from support line at around ~ 63.000$-65.000$ and I will suggest not to be greedy, take 30-50% with 10x leverage and close position. What's your thoughts?)Longby SheTradesHub2
Bitcoin (BTC): 2 Possible Entries For Bitcoin Short!The new week is here, and we see immediately some kind of small recovery happening after a failed attempt at breakout, where the price is now testing again on the upper side of resistance. Despite the small bounce at the beginning of the week, we have not changed our minds about a downward movement happening here. And to make it even more clear, we set 2 possible entry zones for Bitcoin short setup, where both will be active only once we secure those zones of $65000 and $60500. The second entry is the main one we are looking for!! Swallow Team Shortby SwallowPremiumUpdated 121215
BITCOIN NETWORKWhen Bitcoin was first introduced by the pseudonymous Satoshi Nakamoto in 2008, it generated a wide range of reactions and predictions from various sectors, including technology enthusiasts, economists, and financial experts. Here are some of the early predictions and opinions about Bitcoin: 1. **Skepticism and Dismissal**: - Many mainstream financial experts and economists were highly skeptical of Bitcoin. They saw it as a speculative bubble, similar to previous economic bubbles. For instance, economist Nouriel Roubini famously dismissed Bitcoin, predicting its eventual collapse. - Warren Buffett, a renowned investor, called Bitcoin "rat poison squared" and cautioned investors to stay away from it. 2. **Enthusiasm from Technologists**: - Among technologists and early adopters, there was significant enthusiasm. They saw Bitcoin as a revolutionary technology with the potential to disrupt the traditional financial system. The decentralized nature of Bitcoin and the underlying blockchain technology were particularly praised. - Hal Finney, a noted cryptographer, was one of the earliest supporters and received the first Bitcoin transaction from Satoshi Nakamoto. 3. **Libertarian Support**: - Bitcoin garnered considerable support from libertarians and those advocating for financial privacy and freedom. They viewed Bitcoin as a tool to circumvent government control and provide individuals with greater financial autonomy. 4. **Media Coverage**: - Early media coverage was a mix of curiosity and skepticism. Some articles highlighted the potential of Bitcoin to change the world, while others focused on its association with illicit activities due to its pseudonymous nature. 5. **Comparison to Gold**: - Some early proponents referred to Bitcoin as "digital gold," emphasizing its potential as a store of value. This comparison was made due to Bitcoin's limited supply (21 million coins) and its potential to act as a hedge against inflation and economic instability. 6. **Volatility Concerns**: - Many critics pointed to Bitcoin's extreme volatility as a major drawback, arguing that it would prevent Bitcoin from being used as a stable medium of exchange or store of value. Here are a few notable early quotes and predictions: - **Satoshi Nakamoto (2008)**: "I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party." - **Hal Finney (2009)**: "Thinking about how to reduce CO2 emissions from a widespread Bitcoin implementation." - **Paul Krugman (2013)**: "Bitcoin is evil" - reflecting his strong skepticism and belief that Bitcoin would not succeed. Despite the mixed predictions and opinions, Bitcoin has grown significantly since its inception, influencing financial markets, inspiring numerous other cryptocurrencies, and sparking widespread interest in blockchain technology.Longby TrojanBible1
May.21-May.27(BTC)Weekly market recapLast week, the SEC unexpectedly approved the ETH ETF. Although it is still some time before the listing of the ETH ETF, the crypto market has entered a carnival. ETH started pumping, narrowing the gap with BTC in terms of gains in 2024. We believe that although the ETH ETF has been approved, the staking utility of ETH will still make the SEC cautious about ETH. On the other hand, we saw last week that Donald Trump, the Republican candidate for the 2024 election, stated that he would accept donations from crypto tokens. He will support the development of crypto in the United States, and ban CBDCs if the election is successful. This is also the reason why meme coins based on Trump have risen recently. If Trump eventually becomes President of the United States, crypto will see an even bigger rise. BTC performed weaker than ETH last week and became a follower. Although the price rebounded after the MBF indicator showed bottom-buying sentiment. After approaching a given resistance level, BTC entered a range again. The WTA indicator shows that there were no blue columns representing whales during last week's trading, and trading volume was lower than past averages. The ME indicator maintains a bullish trend. In summary, we believe that BTC will maintain low volatility. We keep our original resistance level 74000 and support level 61000. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.by Sypool0
May 27 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, and according to the pattern, This is a section with a very high possibility of sideways movement. In the end, it will shoot up or down, I think one wave will be very important. When compared based on bit and tether dominance Assuming that one of the two leaves strongly Looking at the short-term pattern, it is almost similar, but When viewed simply as an Ichimoku balance table, Because Tether dominance is only positive for the 30-minute chart, This is a condition for vertical decline. Additionally, I created today's strategy by substituting the NASDAQ strategy. *Sky blue finger movement path Two-way neutral Short -> long switching strategy or long position waiting strategy. 1. Short position entry zone at $69129.5 / Stop loss when the orange resistance line is broken 2. Long position switching at $68,420 / Stop loss when the purple support line is broken 3. Long position target price from Top -> Good -> Great section Until today, the strategy is to ignore the daily chart MACD dead cross. In case of maintaining a long position It is safe as long as it does not deviate from the purple support line. It is a short->long strategy, but You can first touch the long position entry section at the bottom. Because it is dangerous to break out of the purple support line. Those who are maintaining long positions or waiting to go long should be careful. If it breaks out of the purple support line, I think it would be a good idea to look at section 1 at the bottom in the following order: 66.7K -> Bottom. My analysis up to this point is Please simply refer to it and use it. I hope you operate safely with principled trading and stop loss required. thank you by BitCoinGuideUpdated 6
Bitcoin 1M (2025) When Bitcoin was first introduced by the pseudonymous Satoshi Nakamoto in 2008, it generated a wide range of reactions and predictions from various sectors, including technology enthusiasts, economists, and financial experts. Here are some of the early predictions and opinions about Bitcoin: 1. **Skepticism and Dismissal**: - Many mainstream financial experts and economists were highly skeptical of Bitcoin. They saw it as a speculative bubble, similar to previous economic bubbles. For instance, economist Nouriel Roubini famously dismissed Bitcoin, predicting its eventual collapse. - Warren Buffett, a renowned investor, called Bitcoin "rat poison squared" and cautioned investors to stay away from it. 2. **Enthusiasm from Technologists**: - Among technologists and early adopters, there was significant enthusiasm. They saw Bitcoin as a revolutionary technology with the potential to disrupt the traditional financial system. The decentralized nature of Bitcoin and the underlying blockchain technology were particularly praised. - Hal Finney, a noted cryptographer, was one of the earliest supporters and received the first Bitcoin transaction from Satoshi Nakamoto. 3. **Libertarian Support**: - Bitcoin garnered considerable support from libertarians and those advocating for financial privacy and freedom. They viewed Bitcoin as a tool to circumvent government control and provide individuals with greater financial autonomy. 4. **Media Coverage**: - Early media coverage was a mix of curiosity and skepticism. Some articles highlighted the potential of Bitcoin to change the world, while others focused on its association with illicit activities due to its pseudonymous nature. 5. **Comparison to Gold**: - Some early proponents referred to Bitcoin as "digital gold," emphasizing its potential as a store of value. This comparison was made due to Bitcoin's limited supply (21 million coins) and its potential to act as a hedge against inflation and economic instability. 6. **Volatility Concerns**: - Many critics pointed to Bitcoin's extreme volatility as a major drawback, arguing that it would prevent Bitcoin from being used as a stable medium of exchange or store of value. Here are a few notable early quotes and predictions: - **Satoshi Nakamoto (2008)**: "I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party." - **Hal Finney (2009)**: "Thinking about how to reduce CO2 emissions from a widespread Bitcoin implementation." - **Paul Krugman (2013)**: "Bitcoin is evil" - reflecting his strong skepticism and belief that Bitcoin would not succeed. Despite the mixed predictions and opinions, Bitcoin has grown significantly since its inception, influencing financial markets, inspiring numerous other cryptocurrencies, and sparking widespread interest in blockchain technology.Longby TrojanBible0
BTC Pullback? I believe BTC has topped out for now and looking at options contracts and fib lvls $30000 BTC wouldn’t shock me. Just my opinion. THIS IS NOT FINANCIAL ADVICE Shortby SpaceCadetAcademy2
BITCOIN '' 4 November 2024''When Bitcoin was first introduced by the pseudonymous Satoshi Nakamoto in 2008, it generated a wide range of reactions and predictions from various sectors, including technology enthusiasts, economists, and financial experts. Here are some of the early predictions and opinions about Bitcoin: 1. **Skepticism and Dismissal**: - Many mainstream financial experts and economists were highly skeptical of Bitcoin. They saw it as a speculative bubble, similar to previous economic bubbles. For instance, economist Nouriel Roubini famously dismissed Bitcoin, predicting its eventual collapse. - Warren Buffett, a renowned investor, called Bitcoin "rat poison squared" and cautioned investors to stay away from it. 2. **Enthusiasm from Technologists**: - Among technologists and early adopters, there was significant enthusiasm. They saw Bitcoin as a revolutionary technology with the potential to disrupt the traditional financial system. The decentralized nature of Bitcoin and the underlying blockchain technology were particularly praised. - Hal Finney, a noted cryptographer, was one of the earliest supporters and received the first Bitcoin transaction from Satoshi Nakamoto. 3. **Libertarian Support**: - Bitcoin garnered considerable support from libertarians and those advocating for financial privacy and freedom. They viewed Bitcoin as a tool to circumvent government control and provide individuals with greater financial autonomy. 4. **Media Coverage**: - Early media coverage was a mix of curiosity and skepticism. Some articles highlighted the potential of Bitcoin to change the world, while others focused on its association with illicit activities due to its pseudonymous nature. 5. **Comparison to Gold**: - Some early proponents referred to Bitcoin as "digital gold," emphasizing its potential as a store of value. This comparison was made due to Bitcoin's limited supply (21 million coins) and its potential to act as a hedge against inflation and economic instability. 6. **Volatility Concerns**: - Many critics pointed to Bitcoin's extreme volatility as a major drawback, arguing that it would prevent Bitcoin from being used as a stable medium of exchange or store of value. Here are a few notable early quotes and predictions: - **Satoshi Nakamoto (2008)**: "I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party." - **Hal Finney (2009)**: "Thinking about how to reduce CO2 emissions from a widespread Bitcoin implementation." - **Paul Krugman (2013)**: "Bitcoin is evil" - reflecting his strong skepticism and belief that Bitcoin would not succeed. Despite the mixed predictions and opinions, Bitcoin has grown significantly since its inception, influencing financial markets, inspiring numerous other cryptocurrencies, and sparking widespread interest in blockchain technology.Longby TrojanBible113
Retesting a previous break out Could resistance turn support, 4h has a very easy entry. Longby GarsonUpdated 1
Btcusd My next trade on btcusd I was expecting btc to go back to the support zone so that we can have a good potential 4 a buy and price came down to de support zone but we are waiting 4 a reversal candle stick so that we can long btcusd Longby Greatvic0012
BTC preparing to break through previous ATH? COINBASE:BTCUSD New bull flag in the making, exiting the bear flag with higher highs and higher lows. by TheGemHunterUpdated 1
BTCUSD If any hourly closing sustains below that white line then could 📉 📉 to 62865 If it sustains above white line and a daily closing above 66970 then 📈 📈 to 70274 Any daily closing above 70274 is bullish to 📈 📈 to 77559 marked on the chart Disclaimer: Its a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises.by Kilopapa1
Is $btc Bitcoin ready for new price Discovery?Bitcoin's price action is currently outside it's falling channel! Will it rise? Current Price: $69400 In my previous analysis of bitcoin's break out of the channel, there were two possibilities: 1. Breakout is actually a fake out and bitcoin will further break down to lower supports 64k, 60k. This has not happened! The next possibility is 2. Bitcoin is retesting channel support to attempt higher prices up to $79k (price discovery). This is looking like a likely possibility as price has remained above the retest area around 67k Key resistances above: 69800, 72900. then price discovery from 76400, 79200, 82200, 84600 Invalidation below 67kby Ifiok-2sydesUpdated 5
BTCUSD It seems that the last rise could not last very long. I am watching the strength of 20 and 50 EMA to see how BTC holds there. I would prefer to see BTC somewhere around 60000.Longby Rix11130
BTC Short Term Paths for the WeekBTC had a strong start to the day, but has given up a decent amount of its gains after breaking above $70k. The current trend is bullish, but if it fails to hold this uptrend, it may be time for some downside. I still think $100k is inevitable, it's just a matter of when.Longby AdvancedPlays0
$BTC Daily UpdateCRYPTOCAP:BTC #BTC Testing $67,716 support, broke below $68,546 support. Previous 1D closed bearish and currently forming bearish engulfing on current 1D, $66,961 support could be tested. Continue watching given S/R by limitlessnash0