I rest my caseNothing to ad…. There we go almost 60k zone liquidations. O.I. will spike from here on. Now a short squeeze and then looking for continuation patternsby RP_cryptotrader0
Market overviewBitcoin (BTC): $62,467.97 (-2.94%) Bitcoin Dominance: 55.38% Fear and Greed Index: 51 (neutral) 📈 WHAT HAPPENED? Last week, we continued to move within the sloping line for bitcoin. We reached the buy zone of $64,500-$62,700 (pushing volumes), but didn't receive a reaction. No new reversal patterns have appeared. 💼 WHAT WILL HAPPEN: OR NOT? Now it's worth considering bitcoin globally. According to the 1D chart, starting from the end of February, we're in a wide range, so we can potentially see the price of $56,500 — the lower boundary of the sidewall, unless strong reversal formations appear. We also expect the downward movement to continue. Buy zones: $61,200-$60,400 (volume zone), $58,500-$57,000 (volume anomalies). Sell zones: $64,400-$65,700 (volume zone), $68,900-$69,800 (volume anomalies), $70,800-$71,400 (accumulated volume). In the current market, it is worth considering entering positions from confirmation. Now the confirmation for entering the long will be the breakdown of the sloping line and the retest of the pivot point. 📰 IMPORTANT DATES We are tracking the following macroeconomic events: • June 25, Tuesday, 14:00 (UTC) — publication of the US consumer confidence index; • June 26, Wednesday, 14:00-14:30 (UTC) — report on new home sales for May and crude oil reserves in the United States; • June 27, Thursday, 12:30 (UTC) — report on GDP for the 1st quarter of 2024 and the number of initial applications for unemployment benefits in the United States; • June 28, Friday, 6:00 (UTC) — GDP for 2023 and for the 1st quarter of 2024 of the United Kingdom; • June 28, Friday, 12:30 (UTC) — publication of the basic price index of personal consumption expenditures for 2023 and May 2024 in the USA; • June 28, Friday, 15:00 (UTC) — the report of the US Federal Reserve on monetary policy. *This post is not financial recommendation. Make decisions based on your own experience. by Crypto_robotics0
$BTC local scenario 📈 CRYPTOCAP:BTC Update Key Levels: Bullish: $70,120 Bearish: $65,000 I will definitely reduce my altcoin positions if I see some candles close under $65k.by Goldfinch_songUpdated 0
$BTC UpdateI've got a good feeling about the #crypto market in the coming days. The double top played out well, and the price is now hovering near $63,000. We’re also close to the monthly S3. On the 4H timeframe, there’s a clear convergence (4x magnified). If a reversal is going to happen, it should be from this price range. If this convergence plays out, we could see a quick move back to $67,000, and possibly $69,500. — 🔴 We can't stay here too long; we need to break back above $65,000 or risk another drop of 6-15%, potentially down to $53,000.Longby Goldfinch_songUpdated 1
BTCUSDT SHORT Convergence of peaks + high trading volumes + Wolfie waves all suggest a fallShortby Rsmee0
In der GZBitcoin befindet sich in der Golden Zone (GZ). Diesen Bereich sollte er halten. Zusätzlich sind wir schon etwas länger unter dem 100er SMA Daily.Longby Rand0x1
Long Term Bitcoin Weekly UPDATE - Looking to August September#Bitcoin Weekly - long Term Chart Over all, PA is still in a Pattern and that pattern is different depending on what type of chart you are looking at. But they are nearly all Bullish. But, for the moment, it seems we drop a little further. And on this chart, we can see that the 59K USDT line on Long Term Support maybe the bottom of this. That would retest support on a line that has existed since Sep 2017 - IT is Strong I will also draw your attention to the 2 Fib Circles in the area we have recently passed through, the RED 7.236 Stopped the Rise of PA in its tracks in March this year and the 7,618 has just done the same. The next one is at the end of September and is the 8.236. That also is the Apex of the pennant being created on this chart. The other Image here is the MACD and RSI and the projected continued drop of the MACD reaches Neutral in Mid September. RSI is already approaching Neutral. SO, For me, on a longer term View, we are going to see PA with a Lot of strength around Mid August / Sep and this is possibly what the Bulls are waiting for. With RSI and MACD down low, PA will have more ability to punch through that 8,236 Circle and also get through the descending trend line. For now, Caution remains the name of the game, even more so as we see the Mayer Multiple drop below its MA. I remain Bullish but if we loose 59K, that could be awkward. PA will likley rise off support and probably get rejected again...So many charts point towards August / September being when we move and it is important that we understand, this can happen earlier but if it does, PA will be weaker. We Wait till August before I start getting excited, which is great, thats after my holiday ;- )by Orriginal0
BTCUSDT main parallel channelBINANCE:BTCUSDT passed main channel a few month ago. As you can see the reaction of price is pretty good to the Middle Line of the channel. The bullish move is so strong that the probability of reaching 50K is low but if the rally continues 50K area is a sweet spot for BUY.by noorani.lord0
BITCOINCurrent Price Action: The current price of BTC is around $62,533.06, indicating a recent drop of about 1.07%. The chart shows a clear falling trend (highlighted in red) from March to June. Key Levels and Zones: - Demand Zone: This zone is highlighted in blue around the current price level, indicating a strong buying interest area where the price is likely to find support. - Fair Value Gap (FVG): This zone within the demand zone represents a price range where there was an imbalance in buying and selling pressure. It often acts as a strong support or resistance area. Price Predictions and Entry Point: The chart suggests an entry point at around $64,485.85. There is a potential further drop to the $62,140.00 level, marked in yellow as a support level. Projected Upward Movement: Once the price stabilizes within the demand zone, a significant upward movement is projected, potentially breaking the falling trend. The green arrow indicates a potential price target of around $88,000 to $112,000 in the coming months. Technical Patterns: The chart indicates a potential trend reversal after touching the demand zone and fair value gap. The projected price movement shows a retest of the falling trendline before breaking upwards. Summary: The chart analysis suggests that Bitcoin is currently in a falling trend, finding support in the demand zone around $62,533.06. A potential entry point is around $64,485.85, with the possibility of further drops to $62,140.00. However, a significant upward trend is projected, potentially pushing the price towards $88,000 to $112,000 by August. This analysis assumes that the price will stabilize and reverse from the demand zone.Longby Tdawly_Official0
Bitcoin Long- Market Maker Sell Model Reversal. - 6 swings down. - USDT.D took out a major keylevel - Looks like a logic reversal point at this level in the daily FVG after taking Sellside Liquidity. Longby SerenityEquity1
24/06/24 Weekly outlookLast weeks high: $67,290.83 Last weeks low: $62,212.60 Midpoint: $65,251.72 Despite the seemingly endless chop, last week was a very interesting one for BTC. Micro strategy added ~$800 worth of Bitcoin to their balance sheet, putting them at 226,000BTC, just over 1% of the entire BTC supply that will ever exist! In relation to microstrategy, Michael Dell has been sending some cryptic tweets reacting to the news that Saylor has added even more to their balance sheet. “Scarcity creates value” was his response. With the news that Dell is potentially buying or looking to buy Bitcoin it’s strange that BTC has dropped in price overall with overall sentiment in the space being very negative. As we continue to slowly sell off and alt oins continue to get destroyed in both their stable and BTC pairs, I would like to see a clear capitulation wick with obvious strength on the bounce. It’s hard to say at what level that will come to, many are calling for GETTEX:52K which is a clear Bullish OB+, so it could be there however that would be devastating for all alt coins and may/probably have a bearish effect on the launch of the ETH ETF which is coming in the near future, 1/2 weeks. For this week it’s purely about survival and looking for signs of capitulation, max fear and showing of strength following any potential sell offs. A slow bleed down within a range is very hard to catch the bottom but it would be better to see clear signs of reversal. by ProR350
BTC 1d - ICTI still didn't get the long setup I wanted on BTC. no good displacement. since we reached a weekly OB I want to see a daily bearish OB gets disrespected with displacement before im looking for longs. by idan_porat0
BTC in parallel channels All is clear . Always bouncing through the channels and react to the top, bottom and middle of them. As you can see I determined 3 kind of Ascending, Descending and Neutral channels. First TP is appeared. Analyzed by LOTUS Shortby alimokri10
BITCOINBitcoin analysis Time frames of 1 hour and 4 hours Bitcoin is above its 1-hour and 4-hour support and is worth buying trades. If you see the confirmation in the time frame of 5 and 15 minutes, you can enter the purchase transactions.Longby m0neyminer0
BTC BTC currently facing last support zone. So some bullish movements possible. If this zone was fail, Bitcoin moving downside. Next support zone is $59600.by rahulOffi0
BTCUSD BUY ANALYSIS Bitcoin looking for break the bullish pattern 1:2 RR Overall trend sell but it's need to have correction or direct breakout Longby DNA_Trader_Officials0
BTCUSD TP HITBtcusd TP hit 90 pips profit Trend formula continued 1:3RR Shortby DNA_Trader_Officials0
BTCUSDT POSSIBLE 1H MINOR PULLBACK UPBTCUSDT price is due for a minor pullback up and liquidity grab. MFI is pointing upward and STO(21,5,5,)crossed above the 20 level and an outside bar on Jun 21st @ 20 (UTC +3) is formed and the current candle broke it high ===> momentum is up Overall trend is still down LL & LH and this idea is for the minor pullback up trade and considered a risky trade so use a tight stoploss is you decide to enter countertrend. Invalid on chart Good LUck Longby Alpha_54321Updated 0
BTC USDT bearish targetbtcusdt in 4h timeframe in the bear channel and rsi has crossed level 33.33 and shows a bearish trend measured move targets are shown in the chart and after that, we can have a TRby arianred1
BTC Berpotensi Menguji Area Order Block (1D)Setelah menciptakan ATH baru dikisaran $73.800, saat ini BTC cenderung bergerak sideways. Sampai saat ini, harga belum berhasil menembus key resistance $71.500 dan malah menghadapi tekanan dari para sellers. Pergerakan cenderung turun dan menuju ke area order block (merah) yang berada di fibonacci retracement 0.79. Jika tidak bisa bertahan diatas support $61.000, BTC berpotensi melanjutkan penurunannya. Lebih baik saat ini menunggu adanya reaksi di order block sebelum melakukan transaksi, baik spot maupun futures.by LanglangGemintangKristanto1
BTC Bitcoin short scalp @ 64250BTC Bitcoin short scalp setup @ 64250. Confluence of golden pocket, pivot point, and daily level. Should get a nice resistance bounce here for a nice 2:1 scalp trade.Shortby jayrome9770
Bitcoin Relief Rally might be incoming. How to position yourselfI am expecting a relief rally to around 67730$ levels. HTF structure suggest bearishness. Might take out some trapped sellers and then drop lower. How to trade it? I explain in the video.Long05:02by SerenityEquity1