Bitcoin NEXT LEG UP IncomingUpdate to a prior idea: "Bitcoin Will Pump 100% Over Next Few Months" We are well on target for 114k+ in coming month/s. Got the 1D buy signal on the Machine Learning indicator with 93.7% back test accuracy. Not financial advice.Longby D4NKM4CH1N31
BTC $ 255 000 this BULL RUN?Hello, everyone!💥 Today, let's talk about Bitcoin and its prospects for the coming years. What should we expect? Let's compare the two previous bull runs. To start with, every four years, the reward for Bitcoin miners decreases, a phenomenon known as halving. Why is everyone so waiting for halving? Well, when the next halving occurs, miners receive half the rewards, reducing the speed of new Bitcoin mining and consequently lowering its inflation rate (devaluation). No one knows for sure what will happen next time, but it's worth making predictions based on the history of previous years. Especially since it's very transparent and repeats itself time and time again. Let's take a look at the chart I've prepared for You.🧐 On the chart, I've marked two wedges, which I've colored white. The blue arrows indicate the regularity of three-year cycles. This is the time it takes for these channels to form and the regular way they break out. After the breakout, the growth percentage is approximately the same ~550%.🚀 Assuming that the breakout occurred last year, from the $40,000 mark (the price has already corrected as it has done every time before - orange circles), and the growth will be like previous times, theoretically, the price in this bull run could reach the $255,000 mark.😱 🧐Do you believe in such growth? Are you concerned about the situation in the world? Share your thoughts in the comments. 💡I also wanted to share my previous chart with you. Perhaps you'll find it interesting. Thanks for Your attention! Always sincere with You, Your Kateryna🫶 Longby RocketBombUpdated 333360
BTC continues to rise after retreatingAfter the price fell below 68800, the upward trend has been interrupted, but The current price is stable above 68800, which shows that the market has been stabilized by the market force. Next, wait until the price falls to the resistance level to buy. Trading suggestion: Buy when the price falls back to 68600-68900, target 69500-69800 The above trading suggestions are for reference only, I will update the market analysis in my guidance group at any timeLongby q4yrf4Updated 1
Bitcoin | btcusdt | btcusd on the verge of a brekout Bitcoin | btcusdt | btcusd on the verge of a brekout BINANCE:BTCUSDT btc looks extremely bullish above $69305 , support $66660 by XDataAnalystUpdated 2
74.75K seems the nearest oneMorning folks, So, as we've said, if BTC breaks 69K it should go higher. That we see now. Nearest upside target is based on the same pattern - reverse H&S that we're trading for a couple of weeks already. It stands at 74.75K But at the same time, I would like to show you this one - reverse H&S on top. If we see that BTC starts falling fast, it could be not the signal of reversal but the forming of the right arm. Just be prepared to this scenario if BTC starts showing fast downside action. For primary scenario (direct upward action to 74.75) we consider two support levels, where long entry might be interesting - 68K and 66.10K We consider no shorts by far.Longby Sive-MortenUpdated 10
The bitcoin market has seen a lot of short-term bullish pressureThe bitcoin market has seen a lot of short-term bullish pressure over the last several days, but we also have to keep in mind that the market has more or less been rangebound after the initial surge higher from institutional buying. I would anticipate a little bit of a pullback in the short term, but I think that pullback is a buyable event. I’ve been range trading this for a moment now, for a couple of months. We are trying to more or less work off the froth from the massive shot higher after the institutions came in and started buying into the ETF. But really at this point, it is still a bullish market. It still looks like it wants to break out eventuallyLongby MtICHI2
3 Bull Patterns on BTC about to trigger a bullish domino effectPriceaction is now for the second time solidly back above the bull flag we had been consolidating inside for the past few months ever since hitting the newest ath. It has also gone up to complete the left shoulder of an inverse head and shoulders pattern that is also overlapping the bull flag. We have yet to take price action above that neckline but by the prices current bullish behavior and how its not being rejected that heavily I would expect that we can at least send a wick above the. Teal neckline of the invh&s pattern wishing the next few daily candles if not the current one. Often times price action will go above the neckline of an invh&S pattern and then back below it multiple times before the real breakout gets triggered however in this situation, if price can maintain support above the top trendline of the green bullflag it will likely breakout of the inv h&s with way less back and forth above and below the neckline. The bullflag breakout will bring the momentum necessary to also trigger the invh&s breakout and as priceaction heads to both measured move price targets it will also surpass the purple line and flip it to support s well which is the rimline of a massive cup and handle pattern. This all culminates into one big bullish domino effect and that confluence helps greatly increase the probability of all of thee patterns confirming their breakouts. Not to mention another big invh&s pattern we confirmed the break out from many months ago had a target of 82k and we still haven’t quite reached that yet and in doing so, we also would trigger all 3 of these patterns so it may actually be the most appropriate 1st domino of this domino effect(will link that chart pattern idea below). However these 3 dominoes are clustered all very nicely together so it should lead to a pretty explosive move upwards. The inv h&S’s target is around 86k the bullflag’s target around 101k and the cup and handle target is 133k respectively. One last thing to mention though is that I am basing the bullflag’s price target of 101 k off of the size of the flag pole we see here on the daily(as well as the weekly) chart. Once you flip the timeframe to the monthly chart, you actually can see the pole of the bullflag on that time frame is much bigger and brings the bullflag target up all the way to 117k. *not financial advice* by DrDovetail1
BTCUSD Long: To the moon?Context: Currently trading above previous high from Nov. 2021 with bullish FVGs on monthly chart - but we are now in a consolidation, but with upwards tendency. Same for the weekly chart - we just took out the previous week high. Idea: • Entry between prev. week high and prev. day high after 4h close above bearish FVG. • Entry in mentioned area preffered with a lower timeframe setup like a reversal candle on 30min. • Approach of the entry should be without FVGs on 30min. Otherwise wait for bearish 30min FVG to be closed. Stop: Below your 30min entry setup → 1st TP: Around ATH / 73500 → 2nd TP: trailing stop: "sky is the limit" When does this scenario become invalidated? If the current 4h candle becomes a confirmed reversal candle. Then we could rally lower to at least 69000.Longby MichaelBwUpdated 2
BTC Will continue to rise! Next target position 71705Sub-platform We bought BTC at 69978.48 to take profit at the first stage of 70848! Today we can continue to buy BTC around the support of 70545! Target price 71705! In February, I publicly predicted that BTC would go from $30,000 to $70,000! The friends who listened to my prediction made more than double the profit! But I'm more of a scalper trader so if you want live trading signals guidance and advice you can contact me! I can make you more than 200% profit per weekLongby KingofthedealUpdated 2
BTC LONGExpecting price to form strong support if it pulls back to this figure level @70000 and continue trending.Longby newsy1
BITCOIN CONSOLIDATION PATTERN POINTING PRICE TO $80 T0 $90K.Here's my analysis of the pattern: A - This region marks a consolidation phase where the price moves within a narrow range before breaking out to the upside. The horizontal blue line likely represents the resistance level of this consolidation phase, which the price breaks above. B - Similar to region A, this appears to be another consolidation phase with the price eventually breaking above the blue horizontal line, indicating a breakout and continuation of the upward trend. C - This region again shows a consolidation pattern, followed by a breakout above the blue horizontal line. The pattern of consolidation followed by an upward breakout continues here. D - This region is marked with another consolidation phase. The chart suggests that the price is consolidating around the blue horizontal line, possibly preparing for another move. Given the previous patterns, this might indicate a potential for another breakout, although it’s important to note that past performance is not indicative of future results. The overall pattern suggests a series of consolidation phases followed by breakouts to higher levels. This stair-step pattern is often indicative of a strong uptrend where the price moves up, consolidates, and then continues to move up after breaking out of the consolidation phase. Analyzing the Pattern 1. Consistent Growth: The average is 25% and it suggest a strong and steady bullish trend. This can be indicative of significant buying pressure and positive market sentiment. 2, Breakout Analysis: A to B: After consolidation at A, the price pumps by approximately 25% before reaching a new consolidation phase. B to C: Following a similar pattern, the price again increases by around 25% after breaking out from B. C to D: The same 25% increase is observed after the breakout from C. 3. Future Projections: If the pattern holds, one might anticipate a similar breakout from the current consolidation phase around D, potentially leading to another 25% average increase in the price. However, it’s crucial to combine this with other technical indicators and market conditions for a more robust prediction. Potential Next Steps 1.Watch for Breakout Signs: Look for signs of breakout from the current consolidation phase at D. Indicators such as increased trading volume, bullish candlestick patterns, and moving averages can provide confirmation. 2.Technical Indicators: Use additional technical indicators to confirm the strength of the breakout. 3. Market Sentiment: Keep an eye on overall market sentiment and news that could impact Bitcoin’s price. Positive news could reinforce the bullish trend, while negative news might hinder the pattern. 4.Monitor Consolidation Breakout: Keep an eye on signs of a breakout from the current consolidation phase at D. Indicators like increased volume, bullish candlestick patterns, or moving average crossovers can provide confirmation. Final: The chart shows a consistent pattern of upward momentum following consolidation phases, with an average pump of 25%. If this pattern continues, Bitcoin might reach the projected targets of $83,000 and $90,000. However, it is essential to consider market conditions, other technical indicators, and news events that might impact Bitcoin's price to make informed trading decisions. Longby PHREDX2
BTCUSD Daily chart analysisBTCUSD Daily chart analysis: -Daily chart showing bullish structure(Higher lows and higher highs) -Expecting a 0.705 Fib retracement and then a strong bounce to upside. Longby CryptBo882
There's a present!Sit on your hands until you can grap the present! Stay strong friends! Longby Ben_vouhUpdated 12
BTCUSD/ No signs of bullishness on Lower/ higher time framesBTCUSD has complete retest of wave 5 thrice on higher time frame , Or the ATH has been been attempted to retest but failed. On lower TFs no sign of bulls either. Should it continue 66k or lower? D waves system is a private research and is used for recognizing correct dynamics. This is not financial advice.Shortby raghufxUpdated 1
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
Possible movement for BitcoinPossible breakout and support levels to devise trading strategies. Note: this is not financial advice. kindly do your independent research and analysis before making financial decisions.Longby StockSession1
BTC 666 BarsBitcoin is closing in on the 666 day bar mark of the beast which also happens to coincide with intersecting macro trendlines on April 13th, 2024. A passing over of comet 12p nicknamed "The Devil Comet" a Solar eclipse on April 8th along with a lunar eclipse still happening in various timezones and places. All happening on fibonacci days! Marked from june 2022 Longby CBKWahooUpdated 4
Bitcoin Retest Of TrendBitcoin on the 45m can see a weekly trend started by the recent push by bitcoin. Can see bitcoin playing between these lines for a 73K touch if we see good bounce towards 68-69K. Marks the beginning of the alt market along with bitcoin dominance decreasing which can lead to 30-50% gains within next few months on your favorite altsLongby shayegruber2
Macro Bitcoin ThesisThis will not be appreciated and who knows if it's right but here's my last macro prediction for the distribution of risk assets. Curtesy of x/ki_young_ju we have what looks like to be miner selling beginning. ETF inflows are still increasing, though. x.com We have what looks like Bitfinex exiting stage left. Easy to see when exchanges deviate from the Bitcoin average price we get tops. Bitcoin Dominance is topping as well. This will be the best time to predict where you are selling your altcoins as they are already popping off, and have much more room to grow from here while Bitcoin stalls. My idea for the flows of liquidity will be US firms will still want exposure to their Bitcoin through the ETFs but the rest of the world hasn't had the regulatory hurdles the US had, so they will be selling their Bitcoin to the US at top tier prices, causing a top, in my opinion. The price discovery periods for Bitcoin, although higher in price, will average less in magnitude. Longby lordpepeUpdated 114
Moon is near 🚀Hello, everyone! 🩷Have we finally made it? Is Bitcoin really about to surpass all previous highs? 🙏We’ll find out very soon, and I think it’s quite possible! Fingers crossed! 🤞 Bitcoin is rapidly gaining momentum, and this is a great signal that we are on the right track! Many of you have seen my chart where I analyzed some price movement algorithms, and we are currently continuing the growth phase. For those who haven’t seen it yet, make sure to check it out by clicking on the post.👇 As for the current situation, what do we see on the chart? The price broke out of the triangle upwards and tested it, indicating an organic movement, followed by further growth. What can we expect next? We anticipate continued growth to levels of 🟢 74,000 - 78,000 in the short term, and in the medium term, 🟢 82,000 - 87,000! If You’re also interested in learning how to trade the triangle pattern, You can find a detailed description in my post below. Learn and trade smart! 👇 Thanks for Your attention🫶 Always sincerely Yours, Kateryna💙💛Longby RocketBombUpdated 6622
One more trip to low $60Ks. Then Off To The Races.One possible scenario I'm watching. One more little dump within the current range, just to confuse and frustrate everyone and try to get a few more cheap sats out of us. Then convergence of the bull flag and inverse head and shoulders... rip upwards. Target $90,800.Longby funtimesUpdated 8
BTC Long PositionBTC has currently been following Dow Theory as successive HH,HL are being formed. My opinion is to take a long position if today's candle closes above yesterday's candle (69289.67) My trade plan is visible in the chart. 2 Entries can be taken. 1st: when it closes above 69289.67 price. 2nd: when Resistance 2 is broken (71317.10) Good Luck!!Longby Umair88Updated 3
BTCUSD Short: Completion of Wave 2Update to my idea previous where I mentioned that I expect a wave B down and then a wave C up. Now that I expect this wave 2 to have completed, it is time to short BTCUSD.Short02:51by yuchaosngUpdated 5