Btcusdt ide The rsi on the 4 hr is very oversold . With a major support at 60k I doubt it does any lower for now . Shorted at 66k now at 61k is a good trade . I expect this support to hold for now Longby Todopoderoso1
Bitcoin idea...Bitcoin looks very weak... but we'll see. Either we'll test $60,000 and then bounce, or we'll drop below 50k, which would be worse. But in my opinion, we'll bounce from $60,000 and head towards new all-time highsby Ugo691
BTCIf Bitcoin can maintain the support of 63500, it can break out of this falling wedge Longby RAMO_FINANCE_MR2
BTC - Bullish potential"This is not financial advice. It is crucial to conduct your own research and due diligence before making any investment decisions." The market has been in a prolonged downtrend, with a sharp decline in BTC causing significant volatility in the Alt Coin market. Currently, BTC is positioned at a key resistance level, suggesting the potential for an upward movement. The market sentiment is buoyed by some positive news, but liquidity issues remain a concern. Adequate liquidity is essential to support any bullish momentum and counteract the bearish pressures.Longby EnmiloX1
BTCUSD Long 180RHigh risk opportunity Targeting $140k as I am expecting that to be met within 4 weeks once bitcoin breaks it’s all time highs Longby freddie1996111
Massive CorrectionBlue arrow shows weekly closure above previous ATH. Circle shows daily sweep of those levels with a bearish choch. I don''t anticipate new ATH anytime soon if we don't generate internal liquidity or we sweep 56k lows. Invalidation is Daily close above 72kShortby thomasmwng1
bitcoin trend analysis For a moment bitcoin looks bullish so we could expect upside movement here is buyside setup. btc is a now previous days support zone. there is high chance it will move upside buy around 65000 sl 64400 and 66500 a tp Longby honey9bee1
BTC Germany Selling Coins - What's next?Market is in fear with bad news. German Government selling coins. What can we expect for bitcoin and how am I positioning my self?Long04:39by SerenityEquity1
BTC Price Prediction and Elliott Wave Analysis Hello Friends, Thank you for joining me in my analysis, remember to like, subscribe and stay tuned for more updates, let's share it with your friends, see you soon. Thanks Bros by MASCryptoAna2
BTCUSDT | Potential Bottom for Now?Market Context Is this the potential bottom for Bitcoin? Let’s dive into the current situation. Chart Analysis Yesterday, I speculated about a push up, and today, it seems we might be at a temporary bottom for BTC. Key Indicators There are several signs pointing to this being a potential bottom: • Failed Push Down: We attempted to break through 65k but were quickly pulled back up. • Strong Support at 67k: Yesterday, we saw another pullback from 67k, indicating strong buying pressure. • Bullish Fundamentals: Market fundamentals are suggesting a move higher. Strategy Given these factors, I’m not convinced we’ll see 60k again soon. While there’s always a possibility, the current indicators suggest we might move higher from here. Action Plan With a solid risk management plan in place, I believe it’s a good idea to try going long today. Let’s see if this bottom holds and we get the expected push up! Stay tuned for updates—this could be an exciting move!Longby minno911
BITCOIN Short Term relief possbile - Still BEARISHIn this Video I am talking about the High Time Frame and Lower Timeframe view. I explain what potential trades we are currently looking for.08:10by SerenityEquityUpdated 1
BTCUSDT DOUBLE THREE Possible wave 4 continuation as a double 3 and the last wave down as 5-3-5 .Purple waves are considered as a path and should not be used for targets . Wave Y should not pass 161.8% of wave W or else invalid and other invalid levels are on chart . This scenario still possible until wave B high is broken . please see my previous charts for other possible scenarios . Good LUckShortby Alpha_54321Updated 4
$BTC crucial level to holdJust a few hours ago, Bloomberg reported that Mt. Gox had announced repayments to its creditors starting in July distributing 143k BTC This add huge selling pressure on Bitcoin, and that's why the market is dumping in panic. Beside ETFs outflows and MT Gox repayments, the German government is also selling BTC. It has sold over $200M worth of BTC and still holds over $2.8B worth of it. All of this has caused spot selling along with massive, forced liquidations. Looking on the weekly chart, price dropped below 60k with no sign of strength. 59.6k is our cry level (vwap) , break this level then we may take the lows and revisit sub 40k by Tealstreet1
BTCUSDT.1DThe current trading price of Bitcoin against USDT is $60,021.58, reflecting a recent decline of approximately 5.04%. The chart displays a complex scenario with multiple key technical levels. Key Support and Resistance Levels: Resistance 1 (R1): $67,117.47 - This level represents a significant resistance, which Bitcoin struggled to overcome in recent attempts. Resistance 2 (R2): Not marked on the chart, but it would likely be above $67,117.47, possibly near the previous highs. Support 1 (S1): $56,715.39 - This level has previously acted as both support and resistance, making it a crucial point for traders to watch. Support 2 (S2): Not clearly marked but indicated by previous lows below $56,715.39, possibly around $50,000. Technical Indicators: MACD: The Moving Average Convergence Divergence (MACD) is below the signal line, indicating bearish momentum. The separation between the MACD line and the signal line is increasing, suggesting strengthening bearish pressure. RSI: The Relative Strength Index (RSI) is at 30.58, just above the oversold territory. This indicates that Bitcoin is very close to being oversold, which could potentially lead to a rebound or at least a stabilization of price declines. Analysis Conclusion: The current technical landscape for BTC/USDT is cautiously bearish. The recent price action beneath key resistance levels and the bearish indications from both the MACD and RSI suggest potential further downside. However, the proximity of the RSI to oversold conditions may limit the downside risk and could signal a possible buying opportunity if other market conditions align. Traders should closely monitor the $56,715.39 support level, as a break below this could open the door to lower prices, potentially around the $50,000 mark. Conversely, a rebound from this support or an RSI recovery above the oversold region could suggest short-term bullish opportunities, particularly if Bitcoin can challenge and break above the $67,117.47 resistance.Longby MarsSignals1
Latest trading advice for Bitcoin!Hello, trader. 60.000 area must hold to reach 70.000 again, this could be a good long term long position with 1/2 R.R.by Money_gold_traderUpdated 2
BTC can tap 7,000 to 10,000 and this is WHYDXY is completing a major bearish retest currently - on the minute time frames. This breakdown is a multi-month trendline, and what the DXY / Bitcoin correlation would indicate, is that we can expect an extended bull run of 1-2 years. This rise in bitcoin has been a straight shot up on the high time frames. What this tells me is that this move is a bearish retest. Identifying this trendline on BTC chart - price is underneath the breakdown line at 63,850. There are many large open order gaps on the BTC chart below the current price. These open gaps are filled with long position stop losses. These are leveraged sell orders. It is possible that Bitcoin will drop to hit 8,000 in a very short amount of time. 1. We are underneath the breakdown line 2. There are enough stop loss orders (leveraged sells) to create an automatic chain reaction of a drop to that low level. The lack of retracement on BTC over the last 1.5 years shows intention to leave these order blocks intact so that speed of this move is generated. 3. DXY indicates a justification for this move to occur as reason to drop a bearish pattern over a long term period isn’t showing. I encourage you to stay open minded to this possibility. I logically can see this happening very quickly. Shortby DickDandy1
A Btc bounce from 61,700 region is likely Sellers are already showing exhaustion. Orders at 59k will barely be picked. I won't put my hopes there. I believe a lot of orders will not be filled. So in essence, 59k - 55k is the best region for a long. However an order at 61,7 is a more pragmatic and aggressive one. With obviously more risksLongby Phoenix_TA1
BTCThis is my opinion with technical analysis Please respect the following rules: 1- Risk management . 2. Have your own strategy.by sarwar_hassan2
BTCUSDT is BullishBullish RSI divergence seems to be playing out on hourly time frame. First higher low and higher high are printed which according to Dow theory are classic signs of the beginning of a bullish rally. Targets are mentioned on the chart. Longby Fahad-Rafique1
BTCUSDT #N52This is our short position, you can take long as well. En: Black lines Sl: Between Red Lines (1% of your balance) Tp: Green (Check the picture or tradingView for Numbers) Cancel if Tp crossed without opening #30Min_trade #N52Shortby Forexologist1st2
BTC Range continues. Weekly = Trend. Daily = Trend. 4H = Range. Keep it simple, every time we find price at range lows, the order flow shows demand / bid. I could a see a sweep below 65k to take some liquidity. But this all looks very 'normal' and constructive. Next time we hit supply at 72/73k - it will not hold IMO. Note the fib time. I think we grind this zone until end of June before any push. Longby Speculator_NickUpdated 3
bitcoin short from that level 66864ALL trading ideas have entry point + stop loss + take profit + Risk level. hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below. DisclaimerShortby bullstraders71
btcc analysisBitcoin is the first decentralized cryptocurrency. Nodes in the peer-to-peer bitcoin network verify transactions through cryptography and record them in a public distributed ledger, called a blockchain,...by Mehran_N1