BITCOIN - BEARISH DOUBLE TOPHello Traders ! The Bitcoin Price formed a new double top pattern. At the moment, Th neckline is broken ! The support line is also broken ! So, I predict a bearish move📉 _________ TARGET: 62050.00🎯Shortby Hsan_BenhmedUpdated 8810
Bitcoin (BTC): Weekly Opening Is Red / Correction Incoming!The new week is here and Bitcoin is showing a good rejection from the local resistance zone, giving us more and more confirmations of the upcoming drop! As we have been monitoring that upper resistance for a while, we finally managed to secure the middle line of Bollinger bands, which we like to use to determine the potential short-term momentum movements. As the weekly opening looks promising, we will be looking for a full-scale breakdown/rejection to happen really soon! Swallow Team Shortby SwallowPremiumUpdated 559
GLANCE at 2024 Parabolic movements and 2025 MEGA BULL RUN 2024 will be wavy with possible ATH near GETTEX:87K based on the WHALES TRENDLINE which they created and I retraced therefore I added a regression trend pointing up in a perfect direction. Please follow the blue MA. Reads strong and healthy. MA is moving up in a vertical direction without curving to the right. This means BULLS are still active. GAPS have been left unfilled by smart money until the crash begins. The 2026 crash doesn't apply only to the year 2026, BEAR CRASH can last up to 3 years. I've added 4 consolidation white trendlines, after consolidation comes an uptrend. Fourth consolidation top white trendline is a possibility of a repeated consolidation in that price zone. My smart money red trendline is a trendline whales created to follow. This helps me to follow in the same direction they are. I am aware of sudden moves. Longby The_ForexX_MindsetUpdated 111114
BITCOIN Underlying trend-line coming into play.Bitcoin (BTCUSD) has been holding so far the 1D MA50 (blue trend-line) as Support, which was the primary objective, closing all 1D candles since Friday above it, but now an underlying trend-line is coming to center stage as it got tested also on Friday successfully. That is the Lower Highs trend-line that started on the March 13 High and rejected BTC on Lower Highs initially, before transitioning to a Lower Lows Support on May 23. If that holds, the chances of a rebound towards the Resistance Zone, are amplified greatly. Practically, as long as the 1D MA50 holds, a bullish signal will emerge when the price breaks above the 4H MA50 (red trend-line), in which case we have a target at 72000 (bottom of Resistance Zone). If on the other hand BTC closes a 1D candle below the underlying trend-line, prepare for 61000 (top of Support Zone) and potentially a long-term bottom formation on the 1D MA200 (orange trend-line). Notice that on the previous Bearish Leg (April 08 - May 01) of this 3-month consolidation structure, the price remained bearish as long as it stayed below the 1D MA50. The 4H MA50 never broke to the upside while the price was above the 1D MA50. That is why it will be a bullish signal if it breaks while BTC is above the 1D MA50. But what do you think will happen next on the short-term? Will we see 72k or 61k first? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShot1133
BTC new all time highs.I have seen enough to determine that we are headed to a new all time high just like the stock market will see a new high before we head lower. If you haven't seen my idea on the SPX (see the link below). Looking at the BTC on the monthly chart, we can see that it looks like we are doing an expanded flat. As we can see the top in October 2021 was not the "real" top but a correction top in an expanded flat as it went up in 3 waves. Also most indicators will show that April 2021 was the actual top. Thus I believe we are in the wave 5 which will take us to about between 70k and 96k using fibonacci extension on the candle and line. Once we get above the previous high, the media will hype up 200k-500k and most people will FOMO in there since it would look like we have no more resistance and the sky's are clear. This in my opinion will lead to the biggest crash in Crypto, and bitcoin. Watch the charts and not what they say. This is just my opinion and not a financial advice, please do your DD. Longby BlackisKingUpdated 6161104
BTC potential sell setupI am seeing a possible drop of BTCUSD from the last low and I will be waiting for a retest, to go shortShortby solomonfortune6331
Bitcoin (BTC): Be Back at $69K zones / We Are Bearish Another week is here and what an amazing weekly closing price action we had for the last couple of days. As price is now back near resistance zone, forming a potential full fakeout zone on the upper sides, we will be looking for further movement to lower zones, where first target would be $60K and second target will be $50K. Keep in mind that current economy is way too bad and we see that Bitcoin is currently in bubble zone, meaning it has a great chance to pop soon....healthy correction for further bullish movement, as we like to call it 😉 Swallow Team Shortby SwallowPremiumUpdated 3313
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
Bullish Bitcoin Outlook [4H Chart]After BITSTAMP:BTCUSD price found support for the second time on our 𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐒𝐭𝐨𝐩 𝐋𝐞𝐯𝐞𝐥𝐬 at $65,241, $BITSTAMP:BTCUSDquickly shot up to $66,429, where the 'Period 1 Analysis' level is on our 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐒𝐡𝐢𝐟𝐭𝐬 . With the price rapidly increasing after hitting strong support, surpassing the level identified in our 'Period 1 Analysis', it suggests that the market is turning bullish again after nearly two weeks of decline. The next key level for BITSTAMP:BTCUSD that bulls aim to reach is $68,193, as indicated in our 'Period 2 Analysis'. Surpassing this level would strongly signal a broader market shift. Longby stonekeeptrading222
$BTC Bitcoin Update: Head and Shoulder Pattern!CRYPTOCAP:BTC Bitcoin price is forming an inverse head and shoulder pattern! Current Price: $69800 Major neckline resistance around $71,500 More precisely between 71500 - 73000 If $Bitcoin is going to move to higher prices then price action needs to break neckline resistance to make for price discovery up to 84k. Up resistances: 76400, 79200, 82200, 84600. This will cause altcoins to rally for higher prices. Else if #Btc continues to reject $71500, then expect retest of previous supports at 67000, & 64300. Consequently altcoins will further lose in value.by Ifiok-2sydesUpdated 4410
BITCOIN → Strong fundamentals and interest lead us to $80KBINANCE:BTCUSD reaches a strong $71500 liquidity zone as strong ETH-ETF related news is released. A trap from the market maker catches the crowd off guard and now the market is ready to move on Toretically, the correction wave ends after the false breakdown of resistance and liquidity zone 71500. Bulls successfully hold the defense above the support 67241. Liquidation of part of traders, liquidity capture below the zone increases chances for further growth. The market holds the course towards the global resistance 73679. Fundamentally and technically BTC looks strongly bullish, the general market background is also strong, which generally supports the theory of further growth with the possibility of ATH update. The fifth wave may be completed in the area of the current ATH, or, on the background of increased interest, may find its target area at 1.236 fibo - $81.980. Resistance levels: 71572, 73679 Support levels: 67241, 64545 The area of 67250 - 64500 is currently an intermediate bottom, in this place, relative to the whole range, the largest amount of the asset was purchased. We are waiting for a retest of 71572 with the possibility of further breakout and growth to the previously outlined targets CME:BTC1! CRYPTOCAP:BTC CRYPTOCAP:TOTAL Regards R. Linda!Longby RLindaUpdated 6767446
BTC Price prediction next 8 months We are entering a fear factor. All this with a daily M formation about to be completed. I see a crash coming for July or August. My general thought is That with the state of the world and US Elections, I am not being political here, Just facts that political events help move markets. I base this on my own political study of the behavior of different types of political parties and how they react to situations that cause markets to react. But as to stay in line with the TOS of TradingView I can't explain any more than what I have said. The point is, that we are finishing an M, and Political tension and world events always move markets. So I'm 90% sure we will go down 50k 40k range. As for the last move up for the bull run 2025, 26. IMHO If Biden is reelected we could see a very slow climb up or even a 2nd crash to 30k, On the other hand, If Trump wins I think we see a very fast race to the top 85k 120k. Again this is based on my own study of how people act and that makes people buy or sell. And because Wall Street and Politicians are heavily invested in BTC they fule the whale moves. RECAP, down to 50k by end of August 2024. Up to 85k by end of February 2025 Yes we can fall to 30k, yes it can go to 120k, NO it will not go higher this bull run. If it was to, we would already have a high of 85K . Shortby bigfootInvestments337
Strategic Bitcoin Long Positions Amid Market FluctuationsHi everyone, so we had the dip, Bitcoin is lower, it came close to the 64,800 which was big support after the 66,200 was lost. But this is an entry for me, and I've been trying every step of the way to find support to go long. You see, once you pick a direction, it's better to keep your direction, and if you're long, stick to long positions. We've attempted many long positions, and while some went into the middle, they provided opportunities to secure some profit or at least move the stop loss at entry. This could be the big one, and the targets I see are 67,000 and 68,700, which is the top of the channel, and then 71,860, which will be the third attempt. We got rejected twice at that level, first in May and then on the 7th of June. I expect the third and crucial attempt to happen sometime this month. If that level is breached on the third attempt, we could skyrocket to 79,000 and even 80,600. Nobody said it's easy, guys. Unlike last year when we bought from 16,000-18,000 and everything went well, we now have to navigate through more complex conditions. Although the Feds haven't cut rates yet, we have eased inflation and the Ethereum ETFs coming up, providing good reasons to expect Bitcoin to go back up higher. The Nasdaq is at a new all-time high, and Bitcoin should follow. So I'll stick to the main structure and keep buying. If Bitcoin starts an epic rebound today, we could be heading towards 95,000. Again: There is support now (very close) at 65,300, which was lost and regained very quickly, making it a trade with the stop loss just below that. In the worst-case scenario, 64,800 is still support. I'm long here, and once you pick a direction, stick to it. It might be tiring, but it's essential to stay alive and be able to trade again. Spot trading is different, but for leverage trading, have a daily limit or budget in bullets. When the market fails but you see support or a good entry, buy in again and fight. We never die; we never go down, and we stick to one direction. It does work, and the analysis says Bitcoin long. That's what we do. One Love, The FXPROFESSOR 💙Longby FX_ProfessorUpdated 2217
BITCOIN - IT'S OVER, WE'RE GOING TO ZERO, AS ALWAYS - CM101BITCOIN / USD TA Just a quick post for the Bitcoin vs USD TA. We see that we are falling upside down head and shoulders here... question is... do we stop here or do we need completion at $60,000? This is a very real possibility. Holders, have little to nothing to be concerned about while if you're a trader, you're risking an additional 7%-10% of downside. We know that his area is where ALTS usually perform at so July - September will be quite interesting to observe. by CryptoManiac1011114
BULLISH TWEEZER BOTTOM with NVI The NVI developer was meant to know when smart money would get involved. The developer stated when at its lowest volume would indicate smart money is getting involved. Indeed, it’s at a low volume. Here is an indicator you can use but might look in a different style but still the same when looking it up. Higher timeframes like 2WK TF shows smart money is getting ready to plunge it sky high. Don’t use it alone, I combine it with my algorithm. This will be your great guidance. Will help you determine when to sell before the crash. When NVI reaches at a higher volume means downtrend time. I would also use it with HISTORY VOLATILITY. It’s almost in agreement with each other. I laid an example in this idea at price $60k where price moves up to $63k then dips but before selling keep close watch at NVI because later price kept moving up. DONT FORGET TO DRAW A TRENDLINE UNDERNEATH to determine low volume Longby The_ForexX_MindsetUpdated 2224
ALERT: BTC GOES TO ZERO AND THE MARKET COLLAPSE BEGINSI saw the warning signs and thought it was going to be a good opportunity to buy but the big money has already exited. You can't even get your money off the exchanges anymore. BTC is going to zero and I the Global economic crisis begins. A trillion dollar industry will be wiped in the next 48 hours. The chain of events that are going to follow will be nothing less than biblical. I'm praying for you all. Best wishes in the days to come ya'll. We got a hard road ahead of usby Antizma551
Bitcoin: correction short break?The FOMC meeting during the previous week was the pivotal point for markets. As the Fed decided not to cut, which was widely expected, however, they have changed their forecast for the end of this year, which includes only one rate cut. This was the information which impacted the markets to reassess their current strategies, and adjust it in accordance with anticipations and newly provided information. The crypto market followed general sentiment and entered into short correction. For some time in the past BTC price was trying hard to sustain levels above the $70K, however, there has not been market strength for such a move. It was a question of time when the price will enter into correction and a quest for a new equilibrium in order to start a new round of volatility. The FOMC meeting was that moment. BTC price started the previous week above the $ 69K level, however, the lowest price reached during the week was $65.1K. The support line at $ 65K has been tested on one occasion. The RSI reached the level of 42, but it is still not in the oversold market side, which leaves some space for a price further correction, in order for BTC to reach a clear oversold momentum. Moving averages of 50 and 200 days continue to move as two parallel lines, not indicating that the cross might come soon, and in line with it a potential for a trend change. A move toward the $ 65K might look painful for some traders, however, it is actually a good move. During the last two weeks the market was completely exhausted at levels around $70K, imposing a question when the trading is going to completely stop. The market was looking for a new equilibrium price, where the new volatility cycle will start and provide some new fund inflows into the market. Now, the main question is whether the cycle is over at FWB:65K ? For the week ahead it might be. But, charts are showing potential for lower levels in the future period. However, for the following week, the market will eventually look for a short consolidation around the $ 65K up to $67K. Eventually, a triggered demand might also push the price toward the $70K. However, at this moment, a move above the $70K does not look much probable. by XBTFX119
Potential Scenarios...So after going over many charts I'm of the belief alts have been front running BTC in fractal nature - this could mean BTC has a lot more downside in the shorter term (purple plot) or the other takeaway could be that BTC has done a really shallow retrace before getting ready to blast higher (white plot) - no matter how I slice it the end result looks to be prices going much higher and a big upcoming alt season looming - market will no doubt do it's best to shake out uncertain bulls right before blasting higher - many Bears are sold on the fact that they shorted a top at 70k~ levels and think it's all over...I think this view will be short lived and squashed later this year leaving many pessimistic market participants bitter and resentful more than they already are.Longby Swoop6116
64-64.5K areaMorning folks, Recent Fed meeting results have made impact on short-term BTC performance as well. Although our major bullish context based on daily reverse H&S pattern remains valid, BTC could try to move slightly lower. So, the right shoulder on daily chart will be more harmonic to the left one. In general, until BTC stands above 61K - H&S pattern will remain valid. Meantime, on 4H chart we've got bearish engulfing pattern that has a target around 64-64.5K area. We will se how it works and then return back to idea of long entry with major daily bullish pattern. Today I market setup as "bearish" because it relates to intraday action. Shortby Sive-MortenUpdated 116
My Plan on BTC Plan on btc btc going down for fill daily fvg, charts are speaking mentioned everything on charts. lets see what going next by usamamalik748Updated 446
BTC drop this week?Anticipating a potential price decline this week, possibly targeting the 64,300 zone to capture sell-side liquidity. With buy-side liquidity already captured on the weekly timeframe, the market may require some correction. Observing the 15-minute Fair Value Gap (FVG) for partial profit opportunities. A break below the 66,300 mark might indicate a continuation of the bearish trend. Shortby rSmashWasHereUpdated 224
Bitcoin is about to make a large move!BTC has lost some key technical support levels. The weakness displayed in crypto has come while the stock markets have been incredibly strong Its never a good sign when you see BTC getting rejected at double top. The previous ATH at 69k seems to be really keeping price action in check. BTC has 2 channels converging around 57k - 59K. Don't be surprised if we see more sellers in the next couple weeks. Util we break the bullish neckline, the 94K price is only a dream. 03:55by Trading-Capital116
Bitcoin Finishing Wave C of Y of 2Bitcoin has met all of the retracement requirements for wave C down, but it could continue declining until it reaches the 62% retracement level at about $63,000. It might be too early to go long, but now is certainly too late to go short.by epistemophiliac224