BTCUSDT nice correctionNow HMA50 crossing HMA100. I expected it will go to range around 58k to 57k. Cheers! :)Shortby Skyito4
long bitcoinWe have occur one stop loss today, as price going down, for the safety first principle, we accept the loss, as we always say, manage the risk, no matter how confidence we are, we will be wrong one day and always be prepare for that. However, after the strong sell red candle, we see another green solid buying candle immediately cover the previous one, indicating that there is still buying power exists, and since the price still above the 50%, we hold our belief of the long direction until market proves us wrong. Setting the stop at 64600, approximately 2.5% of the current price, so calculate your own risk and position amount according to your risk management level. First profit take lies on 77600, risk/reward ratio at 1:7.5. Good luck.Longby Gilbert09674
BTCUSDBTCUSD bouncing back towards 70k. TH short term target is 67000 level.Longby GALACTICtradingspace4
BTC - 4H Rise PossibilityIn the recent price action, Bitcoin has shown a notable reaction to the resistance zone around $71,000 - $72,000, leading to a decline characterized by three distinct downward pushes. The third push, however, demonstrated reduced selling pressure as it failed to make a significantly lower low, indicating potential weakening of the bearish momentum. Crucially, the last two lows have formed around the previously established order block zone from the last leg up, a key area of interest that typically acts as a support. This area appears to have provided a base for BTC, preventing further declines. Given the current price structure and the formation of lows, there's a strong possibility for Bitcoin to recover and test the previous resistance zones again. Looking ahead, if BTC continues to maintain support at this order block zone and builds on the bullish structure, we could see a move towards the resistance levels at $69,000 - $71,000. Market participants should watch for bullish signs like consolidation or higher lows forming above the current support to confirm a potential rise. Overall, Bitcoin's ability to hold this support and recover suggests a favorable outlook for upward momentum in the near term.Longby Sober_Trading5
Bitcoin ready to resume bull marketAfter consolidating for month and seeming like crypto has died out I believe we are on the verge of bitcoin reversing here and starting another leg up. Using Pitchforks, Trendlines, and fib levels I clearly show why I feel bitcoin has bottomed. In addition to about hit the end of the pitchfork bitcoin is on its last support...Looks like its about to die.. That when it likes to reverse and catch people off guard. We also are at the common 50% retracement level when things like to reverse and resume the main trend which in this case is up. I also am using TA behind the scenes to confirm my thinking. Longby TheUniverse618Updated 4
FIBONACCI and HEAD and SHOULDER TRAP Many are using Fibonacci as guidance for a crash but if you pay close attention to my algorithm BLUE WAVE, you will get your answer on what’s next. View yellow squares. Pay close attention to how the blue wave moves and curves. This is why I’m predicting over $85k As I’ve said before, green trendlines are the smart money FOOTPRINTS. So why are we worried, It’s what they are following. There will be dips and ups. Do you see my algo blue wave? Look at the way it’s slightly curving to the right. It’s about to pull the same move as the first yellow square. As it makes curve to the right, it’s an ATR measurement calculation. See what happened prior where the yellow square is vs what’s about to happen soon. HEAD and SHOULDER TRAP. Look at RSI reads BEARISH DIVERGENCE. The reality is HIDDEN BULLISH DIVERGENCE. This you must study how and why. Hint: there’s ideas I’ve created on hidden bullish divergence on different timeframes. This is a volume 1WK TF CHART Longby The_ForexX_MindsetUpdated 4
Top Secret Unveiled: BULLISH INVERTED HAMMER Two things will happen here before the current 21 hour candle closes. 1. If this closes as a inverted hammer pattern, means powerful bull in tact, make room for the BAD GUY. 2. What leads me to believe BEARS will agree with BULLS? because BEARS have lost. They have a few hours to void out this IH pattern but by pushing the price up. It’s a WIN WIN for the BULLS. 111 Analysis reveals BULLS are still in control. 21HR TF has INVERTED HAMMER PATTERN. What does this mean. Is this BEARISH or BULLISH? It’s BULLISH, I can’t wait 4 all to see whats been in preparation. For this reason. I pay no attention to the news. I heard from back in the 70s or 80s, I can’t recall the exact year date but a smart money trader revealed NEWS is asked to manipulate. When they want retail to sell, many sources are asked to say BTC is CRASHING to get retail to sell then at the same time while that’s in action which really isn’t, smart money will pretend to push down prices in order to look like a crash based off of news information. I’ve emphasized some of what I’ve seen and heard. Which smart money called retail traders morons for listening meaning that we are not doing our homework. HA,HA Longby The_ForexX_MindsetUpdated 8818
Missed fractals? Hi, dear friends! 🫶 Missed fractals? I hope You did, because today I'm going to show You one of them.🤭 A fractal in trading refers to a recurring pattern that can predict future price movements. They play a significant role in technical analysis, offering insights into potential market trends. In November-December 2020, Bitcoin's price formed a pattern that I highlighted on the chart with a white rectangle. I've enlarged this pattern for you using a 9-hour chart. By overlaying the shadow of this movement onto the current price formation, we can see that the price is moving in a similar fashion. This suggests that the price might replicate this fractal: if it does, we could see Bitcoin's price reach $62,500, followed by a sharp increase. Continuing with this observation, it's important to monitor the market closely. If the fractal pattern holds true, traders could capitalize on the expected price movement. However, it's also crucial to consider other market factors and indicators to make well-informed trading decisions. In conclusion, while fractals offer valuable insights, they should be used in conjunction with other technical analysis tools to enhance accuracy. Keep an eye on the market and stay informed to make the most out of these patterns. Thanks for Your attention💋 Always sincerely Yours, Kateryna💙💛Longby RocketBomb16
BTC Halving + 546 Days Later + CRYPTOCAP1/2 of this analysis: CRYPTOCAP To enhance my analysis, I have incorporated the Crypto Total Market Cap Excluding Top 10 and overlaid it with the MVRV Z-Score indicator. This combined approach offers a broader perspective on market dynamics by considering the performance of alt coins alongside Bitcoin’s valuation metrics. 546 days from halving will mark the top of the bull rallyLongby alcoholic-semen-thrower2
BITCOIN WILL GO DOWN|SHORT| ✅BITCOIN broke the key Horizontal level of 67,000$ The made a retest and is Going down again now so We are bearish biased and We will be expecting a Further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx114
Bitcoin 6.17Weekly can easily flip from the floor again, Looking for this Daily structure to finish as we continue the overall trend. Respecting the ichi cloud could happen if you look to the left we broke inside it respected the bottom and impulsed out of it. Look for us to respect the top of the cloud now as we finally impulse past these current highs. Also, I'm curious to see if this discrepancy on the daily oscillator plays out as we flip up possibly another drop before a flip up. PrevailingnineLongby RaindropasUpdated 3
BTC - Where is it going and what are potential trades? BearishI am talking in the video about the current market structure and the trading opportunities that are currently arising. It currently looks like Bitcoin is aiming for $56,000.Short09:39by SerenityEquity2
Bitcoin Price Prediction For The Rest Of 2024The recent fall on Bitcoin has done little to worry investors. And, it shouldn't particularly. These fluctuations can b normal across the board for anything that has rallied significantly. It's what you do from here Technically, and fundamentally that counts. 08:00by WillSebastian3
BTCUSD Analysis: Bullish Reversal ExpectedAfter a prolonged bearish trend, I've identified a strong bullish formation on the BTCUSD chart. Key technical indicators and chart patterns are suggesting a potential market reversal to bullish. This could present an exciting opportunity for traders to capitalize on the anticipated upward movement. Stay tuned for more detailed analysis and updates!Longby forexNetwork10Updated 4
This is a good buy level for me, not the top of bull run.I don't understand why everyone says that this is the end of the bull run. And it's actually good that most people see it this way. Bitcoin is an apex predator asset and it moves unexpectedly. This Daily FVG and Breaker confluence is a good buy level for me. It finally arrived to my point of interest 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.Longby Dave-FX-HunterUpdated 2
Bitcoin - Critical Trendline To WatchChart is self explanatory. This first (purple) trendline is a critical trendline to watch now. It has been tested frequently. If it breaks, then the support levels and fib levels testing may begin. BTC has repeatedly failed to break (or sustain above) the 72k USD mark. BTC price can go back up from here, but if this trendline breaks, the correction could be deeper. It will then open the door to 56k support zone testing or even 46k support zone testing. No trading advice, neutral stance. by vindikatorUpdated 447
BITCOIN LONG TO $77,000 (UPDATE)Price of Bitcoin is getting closer to our grey, POI where we will be looking to buy this asset! This will be a good investment opportunity, as I expect market to take out early sellers. It's a good thing I trusted my analysis & didn't buy on Wednesday during CPI when we saw the original pump. Patience pays in this industry & also provides us profit🤙🏽Longby BA_Investments4
June 20 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 are two Nasdaq index announcements at 9:30 tonight. from the bottom left If you look at the purple fingers 64.5K long on the 18th -> 65.1K chase long on the 19th And today is the red finger chase buying strategy. *Red finger movement path One-way long position strategy 1. $65,766 long position entry zone / stop loss when breaking out of the green support line 2. $67051.5 long position 1st target -> Top 2nd target -> Good 3rd target There is no short position operation today. A vertical decline is underway in Tether dominance. When the 12-hour chart MACD dead cross engraving is completed It's a strategy Sections 1 and 2 at the bottom are rebound sections. Please note that the further down you go, the more likely it is to move sideways. Maybe it's because the day is hot Creating an entry point every day It seems like it's getting more difficult again. This is what I continued to explain as I went sideways this week. Today I will go very simply without further explanation. Don't forget to follow principle trading and stop loss. I hope you operate safely. thank you Longby BitCoinGuideUpdated 4
Whale Moves and Market Optimism: Potential Surge to $100,000Bitcoin continues to capture investors' attention with its price changes and large movements. Every rise and fall sparks more questions about its future and how it might affect the global economy. Recently, Bitcoin was traded at a price of $65,715, experiencing a small increase of about 1% in the last 24 hours, which sparked some cautious optimism among cryptocurrency enthusiasts around the world. This new confidence has been bolstered by the activity of major whales and long-term positive predictions. Some see this as an irreplaceable opportunity, while others warn against the danger of drifting behind illusions. Bitcoin seems to be at a key point that could be a good chance to buy, based on current conditions and optimistic market predictions. The rise in activity from big investors and their large purchases of Bitcoin show they believe in the currency's future, which could signal positive market trends. Also, over 70% of all open Bitcoin positions on Binance are bullish. A well-known crypto whale recently made headlines by buying 6,070 Bitcoin, worth about $395 million. This marks the whale's first major purchase in over 18 months. Renowned for strategic trading, this investor had previously acquired 41,000 Bitcoin during the 2022 market dip at an average price of $19,000 each. In a smart move, the whale sold 37,000 Bitcoin during the market upturn in 2023 and 2024 for an average price of $46,800 each, earning a total of $1.74 billion and over $1 billion in profit. This recent purchase reflects the whale's renewed optimism in Bitcoin’s future, suggesting potential significant price increases ahead. Due to recent activity and positive market predictions, Bitcoin seems to stand at an attractive buying point. The current support at the 100-day Exponential Moving Average and the lower edge of an ascending triangle pattern signals potential rises. It is expected that a bounce from these levels could soon push the Bitcoin price to $72,000, paving the way for a potential rise to $100,000 in the long term. I expect the Bitcoin price to rise by 30% in July, potentially exceeding $85,000, although current technical indicators lean towards a bearish trend. Therefore, if you are considering investing in Bitcoin, now might be a good time to consider buying, especially if you can handle volatility and have a long-term perspective. It is advisable to regularly reevaluate positions and take advantage of any significant price movements to reap profits or adjust strategies.by bbitar3
Bitcoin 2016-2024+ = Amazon 1997-2007+ ? Similarities OverlayedThe chart performance of Bitcoin from 2016 onwards is similar to Amazon's from 1997 onwards when overlaying the two charts. When looking at fundamentals both are innovative technologies that have network effects. Both are misunderstood at times and overbought at other times. The overlayed chart reminds about the risk of a short-term decrease in Bitcoin's price, but also reminds of the importance of keeping a long-term view if Bitcoin continues to perform similarly to how the stock price of Amazon did. This is not financial advice, your capital is at risk in all investments, don't invest unless you're prepared to lose all the money you invest. Bitcoin has a very high risk associated to it, do your own research, do not take any actions based on this idea.by dumcom3
Will Bitcoin ever break above it's old trend line again ? The point of this chart is not to look at future peaks, although we will touch upon it. The point is to take a dive into the indicator called the BTC log regression {Rainbow Dark} that is based on the Fibonacci sequence and the possible transition to the lower band from the top band. Bitcoins entire history has been on the upper band of this log and in the recent crash of this year it has broken below. It did break this upper band support once before it the covid crash of 2020 marked with the orange circle. Price action broke through but as we can see it quickly recovered and held as support into the eventual bull run. This sequence of events seems to have left us a couple of clues, being the first time there was a substantial breach of the bottom and the bull run not hitting the top. I think yes, it could telling us that Bitcoin is now transitioning {reset} to the lower part of the band and it's most likely could be the new trending range. To confirm this theory we need two touches, one on top and one on the bottom. In my opinion the only questions that remains is which line will be touched first and what will be the path. I do believe the top of this lower band could be the top of Bitcoins next bull run and the bottom of could be the bear market, of course only time will tell. I do not believe we ever go to top of the band ever again and could possible be the new resistance point for future bull market tops. Just purely on looking at this lower band and assuming that we have a new bull market that tops in March of 2025, price point is showing a possible of just over 200k top. My speculation is bitcoin moves towards the top first and then touch the lower part of the band later next year at relatively the same price point as now which would mark a double bottom that ultimately sparks the new bull run. There is only one thing for sure, Bitcoin will surprise everyone. Keys to look at is the stochastic RSI. this will show which way momentum is going. This is not financial advice and should not be taken as such. it's an observation. Thanks for looking and leave comments below. Editors' picksLongby WeAreSat0shiUpdated 113113938
BTC/USD Poised for Bullish Momentum Amid ConsolidationBTC/USD Daily Chart Analysis Trend Analysis: - The daily chart shows an overall bullish trend with higher highs and higher lows since late last year. - Recently, the price has been experiencing consolidation with some volatility but remains above key support levels. Support and Resistance Levels: - Immediate Support Level: 65,000, which could act as a strong support if the price pulls back. - Next Support Level: 62,400, a significant support level that has been tested previously. - Immediate Resistance Level: 70,000, which could act as a barrier to upward movement. - Next Resistance Level: 73,800, a key resistance level that aligns with recent highs. Technical Indicators: - The recent price action and candlestick patterns suggest consolidation within a bullish context. - The overall momentum remains positive, indicating potential for continued upward movement. Direction Preference: Given the current bullish trend and the higher time frame, the preferred direction for BTC/USD in the short to medium term is bullish. The price is likely to continue moving higher towards the resistance levels of 70,000 and potentially 73,800. Key levels to watch: - Pivot Price: 66120 - Resistance: 70000, 73810, 76500 - Support: 64900, 62400, 59940 Conclusion: The BTC/USD daily chart indicates a bullish trend with continued upward momentum. It is advisable to consider long positions, targeting the resistance levels at 70,000 and 75,000. Monitor for any signs of consolidation or pullback, but as of now, the bullish trend remains the preferred direction for today and the near future.Longby SroshMayiUpdated 7
bull scenarioI have a bull scenario here that targets 80k tomorrow I will post a bear scenario.by martinhoeksema82