BTCUSD sellyou know the hour we are in on a sell . lets watch it play 1:1.5RRRShortby Billionairegroup_co4
Potential bullish rise?Bitcoin (BTC/USD is reacting off the pivot which has been identified as an overlap support and could rise to the 1st resistance. Pivot: 64,489.09 1st Support: 63,265.51 1st Resistance: 67,011.40 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarkets4
BTC Cycles & TA: 6/17/24Cycles and indicators continue to point down and somehow I see many people on Youtube saying to get ready for the pump... Perhaps, but not yet... and we need to see how low this pullback goes in order to project a 5th wave or maybe a B wave part of a 3 wave correction. Once indicators signal that the price can't go lower, we can then project out price targets. Right now is too soon, except downside is what we still see. 04:13by Majorcycles5
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
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
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
2024-06-12 - a daily price action after hour update - bitcoinGood Evening and I hope you are well. comment: Interesting day. I did almost no updates on the posted chart. The pink breakout line was king again and I shorted it a second time for another 3000 points. I don’t care if the triangle is broken to the upside, when the market turns around again, it was a trap and the pattern lives on in my world. This market is not behaving as bullish as almost everyone on twitter tells you. Today nasdaq had an almost 2% day while Bitcoin stayed below 70000. current market cycle: trading range key levels: small range 66600 - 70000 / big range 56000 - 74000 bull case: Bulls tried to break to the upside but the breakout price around 70000 proofed strong resistance again. I don’t know how many times they will try again but I think the number is very low. Triangle will break tomorrow. Bulls need 70000 and above, otherwise it’s lights out. Invalidation is below 66000. bear case: My target for the bears, if they break 66000 is 65000. There I will decide how strong the move is and if we can get to 64000 fast. If they fail to close tomorrow below the daily ema at 68600, my bearish wave series is probably wrong and we more more sideways until we get a bigger impulse. Invalidation is above 70000. short term: Neutral here inside the triangle. —unchanged medium-long term: down to 40000 (could take 3-6 months). Could also drop to 20000 again but let’s make 40000 first and see how many want to buy there. —unchanged current swing trade: None. trade of the day: Short the breakout price around 70000, was good for 3000 points.by priceactiontds4
#Bitcoin Weekly Technical Analysis by Cryptorphic, Target $155k!Overview: This analysis looks at the historical and projected price movements of Bitcoin (BTC/USD) on a weekly chart. Historical Price Movements: 1. First Major Rally (2016-2017): - Growth: 4,499.77% - Price Increase: From ~$430 to $19,439 - Duration: 86 bars (602 days) 2. Second Major Rally (2020-2021): - Growth: 1681.18% - Price Increase: From ~$3924 to $69,889 - Duration: 95 bars (665 days) Current Trends: - Current Price: $70,004.70 - Support Levels: $44,532,$52086, $60200, $68300 (Immediate support) - Resistance Levels: $73,000.00 (immediate), $138,000-$155,000 (projected) Moving Averages: - Purple Line: 20-week moving average - Pink Line: 50-week moving average Future Projections: - Potential Target: $138,000-$155,000 - Critical Date: April 2, 2024 - Trend Analysis: Watch for a breakout above $75,000. Conclusion: Bitcoin shows strong bullish trends. A breakout above $73,000 could signal another major rally. Monitor the 20-week and 50-week moving averages for trend confirmation. Simple maths, Fractals and all the data from indicators suggest Bitcoin is poised to hit $100k+ by EOY. SO AVOID THE NOISE, LOOK AT THE BIGGER PICTURE! Disclaimer: This is for informational purposes only and not financial advice. Conduct your own research before investing. Please hit the like button if you like it and share your views in the comment section. Thank you #PEACELongby Cryptorphic22
June 14 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. Originally, the beat should have been released yesterday. It continues to be coupled with Nasdaq only in major sections. Although it is disadvantageous 12 days not 67010.5 dollars Entered yesterday on the 13th The $67367.5 Purple Finger long position strategy was connected as is. Please refer to the Nasdaq indicator announcement at 12 o'clock. When viewed from the beat and tether dominance movement It is true that the beat is rising, but Today, there may be an adjustment in Nasdaq. I thought about it In CPI + FOMC strategy Everything was perfect, but perfect until the end is so difficult to achieve. I think sideways movement is the most difficult. It is moving sideways at a similar position to the entry price on the 12th. I will die with my long position comrades. *Red finger movement path Long position strategy 1. $66616 long position entry zone / stop loss when breaking out of the light blue support line (I thought there would be some controversy in the case of sideways movement, so I took some time to spare.) 2. $68842.5 long position primary target -> Top secondary target From the point of breaking the pink resistance line at the top, There may be an upward trend At the bottom is section 1 / yesterday's section 2. Breaking out of the light blue support line can lead directly to a downward trend. You need to be careful Nasdaq is always a problem. haha Please note that my analysis up to this point is merely for reference and use. I hope you operate safely with principled trading and stop loss required. thank you Longby BitCoinGuideUpdated 4
Market Makers in Crypto: Who Controls the Cryptocurrency Market?Functions of Market Makers Market makers perform several essential functions in the cryptocurrency market, including: Providing Liquidity: They ensure there is enough liquidity between buyers and sellers to maintain active market participation. Providing Quotes: They offer bid and ask prices at any given time, facilitating trades between market participants. Risk Management: Market makers manage trading risks and maintain a balanced risk-return ratio to protect their interests and those of their clients. Providing Advice: They supply market information and analysis to assist clients in making informed trading decisions. Improving Market Efficiency: By reducing the spread between buyers and sellers, market makers enhance overall market efficiency. Market makers in the crypto industry operate similarly to traditional market makers. They provide market liquidity, execute buy and sell orders instantly, and earn profits from the spreads between these orders. However, due to the relatively unregulated nature of the cryptocurrency market, there is no stringent code of conduct for market makers, and the technical demands for ensuring transaction security are higher. Market makers follow a simple principle: "buy low, sell high." This approach requires handling large volumes of transactions, sometimes up to tens of thousands per second. They use advanced algorithmic programs to monitor numerous parameters and recalculate forecast prices multiple times per second, thus providing market liquidity without incurring losses. Despite this, even sophisticated trading algorithms can falter due to rapid trade speeds or incorrect price predictions. During periods of high volatility, market makers might incur losses while trying to stabilize the market. Therefore, a stable or slightly fluctuating market is ideal for them, while days with significant price movements can lead to substantial losses. In essence, while regular market participants react to past events, market makers anticipate future market movements to set optimal buy and sell prices and determine order volumes. Cryptocurrency exchanges and market makers often collaborate closely. Some exchanges maintain their own market-making teams, while others partner with third-party market makers. This cooperation can take two forms: Direct Cooperation with Crypto Exchanges: Exchanges offer special programs for market makers, providing personalized trading terminals. Through APIs, exchanges share order book information and market depth with market makers, facilitating pricing and matchmaking. Indirect Cooperation with Crypto Exchanges: Market makers provide over-the-counter (OTC) market-making services through intermediaries or platforms. Market makers are crucial but not mandatory for liquidity provision on crypto exchanges. They must negotiate terms such as commission distribution and trading volumes with exchanges to ensure profitable and smooth cooperation. Additionally, they must adhere to exchange rules and external regulations to ensure legal compliance. From a trading mechanism perspective, market makers with internal exchange connections play a significant role in price determination, which can help prevent price manipulation to some extent. Their presence enhances exchange liquidity, improving user experience and loyalty, and making the exchange more profitable. Consequently, exchanges often offer discounts to market makers for their activities. ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"! Educationby Crypto4light4
BTCUSD short-termMany weekly indicator showing reversal for the past 1 month, I have been keep warning. Don't be greedy, correction is healthy for the long-runShortby SkyitoUpdated 5
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
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 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
BTCUSD LongDocumentation of My Mistakes and Look back to Laugh at Myself and Be Proud that At Least I started and Stuck to it!Longby Hari_Nazrekar4
BTCUSD - Range... Breakout! Range... Breakout!Here is a clear view of the patterns I'm watching with BTCUSD. The main macro pattern is this ascending channel, drawn with a diagonal grey rectangle. Touch points on support and resistance are highlighted with red and green arrows. They are perfectly parallel, which increases my confidence in the validity of that range. We also have an established pattern of spending 7+ weeks chopping within a price range before a decisive breakout. These ranging chops are highlighted here with rectangles. How long will the current range of GETTEX:59K -$71K continue? And will it break out to the upside or downside? Well, since the bottom of the bear market, these ranges have broken to the upside every time. That is most likely to continue. However, in the case it breaks to the downside, the bottom of the channel support is now at $51K and rising. In the more likely case of an upside break, the resistance is around $125K and rising. The play here in my personal situation, as a long-term BTC hodler looking to add more when capital becomes available, is to set buy orders at the bottom of the range at $59-60K, and also at $52-53K in case it breaks out to the downside. And, if it breaks to the upside from here, to be ready to buy on the breakout, anticipating much higher prices. Good luck and enjoy!by funtimesUpdated 14
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
The BIGGEST difference between this Halving and Previous It is actually a HUGE difference too The First Halving was in Nov 2012 and 35 days later, PA began its rise to the ATH in 2013. From there, the next halving was in July 2016 and you will notice that PA Was currently Below the previous ATH level. PA begansd its rise to the next ATH around 80 days after Halving. The next halving was in May 2020 and once again, PA was BELOW the previous ATH level. PA began its push to the Next ATH around 70 days After Halving. The Next Halving has Just past on April 20 2024. Have you noticed what is so different this Time ? PA was up near the previous ATH level. That has never happened previously and only shows the extreme BULLISH sentiment. If we wait for the Average of previous Moves to the Next ATH after Halving, we shoudl see a move higher in Mid July. But I think we may wait a little Longer........But I could be wrong. There are Many things that make this market different this time and I think some people are making mistakes to expect a similar Action to previous...... International Corporations are now involved...................... Lets see what happens but I am fairly sure, we Will see Manipulation and New ATH's Trade Safe My friends - The REal Sharks have arrived. by Orriginal3
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
BTCUSD technical and fundamental analysis.BTCUSD technical and fundamental analysis. The price of the BTC is running between the traps but in this summer the price of the BTC may fly and reach to 100k. This analysis proves a little bit target of the BTC that it will reach to 75k in these coming days. If the price break the Stop loss and keep falling then we will be active again from 60k, 61k in the uptrend direction. BITSTAMP:BTCUSD LIKE👍, COMMENT 💬 & FOLLOW ➕, these figures can encourage me to analyze more efficiently for you. My all followers are requested to support me, comment my ideas and share your thoughts in comment box and new comers are invited to follow and support me.by Ali_ExplorerUpdated 118
Phase ShiftsThis fractal from the accumulation period of the high 20,000s is looking awfully similar to something setting up right now... Hmm too much of a stretch? Would love to see how these next few weeks go. COINBASE:BTCUSD Longby longs4daysUpdated 3
Bitcoin's Path to $90,000: Analyzing the Head and Shoulders PattIn the daily timeframe, Bitcoin is forming a significant head and shoulders pattern, suggesting a potential target of $90,000. Historical analysis highlights a seasonal trend that typically initiates bullish momentum for the leading cryptocurrency during this period of the year, a trend observed consistently over the past decade. Moreover, historical data from previous halving events indicates that Bitcoin's price tends to surge by approximately 125% in the year following a halving. Given Bitcoin's starting price of $44,000 at the beginning of 2024, a similar increase would propel its value to around $99,000. Should this halving event mirror past impacts, Bitcoin could approach the $100,000 milestone by the end of 2024. However, an additional factor influencing Bitcoin's potential upward trajectory is the potential introduction of spot Bitcoin exchange-traded funds (ETFs). These financial products could attract significant institutional investment, further bolstering Bitcoin's market value beyond current expectations. Overall, with the combination of technical patterns like the head and shoulders formation and historical trends from halving cycles, coupled with potential catalysts like Bitcoin ETFs, the outlook for Bitcoin in 2024 appears promising for investors eyeing substantial price appreciation.Longby FOREXN1114