BTCUSDCall me crazy, but I'm expecting some hesitation here before strongly establishing new ATH's. Looking for a near-term drop, followed by the real move. I'm playing this trade, I'm completely out of crypto at the moment. Wish me luck!by Acitsilos333
Missed fractals? Hi, dear friends! 🫶 Missed fractals? I hope You did, because today I'm going to show You one of them.🤭 A fractal in trading refers to a recurring pattern that can predict future price movements. They play a significant role in technical analysis, offering insights into potential market trends. In November-December 2020, Bitcoin's price formed a pattern that I highlighted on the chart with a white rectangle. I've enlarged this pattern for you using a 9-hour chart. By overlaying the shadow of this movement onto the current price formation, we can see that the price is moving in a similar fashion. This suggests that the price might replicate this fractal: if it does, we could see Bitcoin's price reach $62,500, followed by a sharp increase. Continuing with this observation, it's important to monitor the market closely. If the fractal pattern holds true, traders could capitalize on the expected price movement. However, it's also crucial to consider other market factors and indicators to make well-informed trading decisions. In conclusion, while fractals offer valuable insights, they should be used in conjunction with other technical analysis tools to enhance accuracy. Keep an eye on the market and stay informed to make the most out of these patterns. Thanks for Your attention💋 Always sincerely Yours, Kateryna💙💛Longby RocketBomb14
🅱️ Bitcoin 4X SHORT (151% Profits Potential)➖ Last week Bitcoin produced what appears to be a bullish candlestick pattern, which is good. This week, a negation happens and prices move to trade and close below EMA10. ➖ The rejection (bearish close) right after the recovery (bullish close) results in a "failed signal," these failed signals are stronger than a common signal. ➖ Bearish volume rose to hit its highest level in March 2024 since June 2022. Indicating that the bears are now in the game. ➖ Bullish momentum died down and we have the main signal just mentioned above. Based on these technicals, we can open SHORT. Remember that this is for experienced traders only. Beginners can try spot trading first and after being successful for 1-2 years try leverage, margin and the rest. Full numbers below... ___ SHORT BTCUSDT Leverage: 4X Buy-in: $63,500 - $60,000 Targets: 1) $57,000 2) $52,000 3) $46.000 4) $43,500 5) $37,850 Stop-loss: Close weekly above $64,000 Potential profits: 151% Capital allocation: 3% ___ This is not financial advice. All the information is intended for learning purposes and for illustration only. You should do your own research before deciding to trade. Thanks again for your continued support. Thank you for reading. Namaste.Shortby AlanSantanaUpdated 4040100
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 D4NKM4CH1N3223
Update: I wasn't bearish enough on $BTC, $48-$52k coming soonTurns out after analyzing the chart again, I wasn't bearish enough on BTC. In my last idea , I thought we would move down to $57k, while I still think that's likely, I wasn't bearish enough because I think the risk is actually to GETTEX:48K -52k (which I don't think anyone is expecting, especially here). Everyone calling for $72k to break which creates a short squeeze higher, but I don't think anyone is expecting a fall below the May low... If you look at price action, it's very similar to the top that formed around May of 2021. The week that sent price from $60k back to $33k. Then we went on to form one more high in November for the final top. While I don't think the exact same thing will happen, I do think something similar is going to happen. I think we'll see price move down to the GETTEX:48K -52k support which still hasn't been retested. After that, the possibility opens up to go to the upper resistance levels. I think the move is likely to happen in the next two weeks - four weeks. Tighten stops if you're long and watch price action closely, because if the move happens, it's not going to give you a chance to get out. Alts will get slaughtered. Shortby benjihyamUpdated 15
Bitcoin - 300,000 USD by 2025, here is why!There is almost no doubt that Bitcoin will continue in the bull market in 2024/2025. After the ETF approval, Bitcoin is going up as institutional investors gain confidence in this type of investment. But what all people want to know is when to sell Bitcoin and prepare for the next bear market. Bitcoin's bear markets are very devastating, and the usual correction is around 80% - 70% from the peak. That's why it's good to time a good exit point if you are a trader. If you are a hodler, then you probably have your bitcoin in a Trezor hardware wallet and you don't care about volatility, even though it's not nice to see that your portfolio is down by 70%. To determine the exit point, we need to use technical analysis on a weekly/monthly scale. In the chart, you can see price action in recent years and all these swings during previous bear markets. We can draw a massive ascending parallel channel and take a look at the market cycles. Selling at the top of the upward-sloping trendline is definitely a good idea, but will Bitcoin offer this opportunity? Sometimes markets turn bearish just before key levels. From a time perspective, October or September 2025 seems like the right time to sell Bitcoin and go into fiat or stable coins. Then buy again, cheaper after the crash. The 2021 peak is a strong level, and Bitcoin should never go below this level. I think Bitcoin volatility should decrease, and we should not see tremendous crashes anymore, but a 50% or 60% crash is something that is definitely very likely. Forget about 80% or 90% of the crashes that happened in 2015 or 2018. This chart is a representation of the logarithmic scale. If you switch to a classic linear scale, we get a target for the whole bull market of only around 130,000 USD. I will do a linear scale representation in one of the next analyses, so make sure you follow my account so you don't miss this very important analysis! Let me know what you think about my analysis in the comment section, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.Longby XanroxUpdated 5757347
BTC SELL SETUP , Sold at $69,525BTC PERPPETUAL TRADE BTC SELL SETUP Currently $69,460 Sold at $69,525 (Trading plan If BTC go up to $70,400 we will add more sell) Expecting target $68,300 0R DOWN Incase of early exist will update this anaylsis Its not a Financial Advice Shortby salahuddin20041Updated 8
Still watching for 74.5-75K targetMorning folks, Mostly this idea is a continuation of the previous one, but there I've put too many updates already. So let's make the new one... BTC also was hurt a bit by NFP numbers on Friday but not as strong as EUR or Gold market. We suggest that it keeps bullish context valid. Besides, we've got bullish grabber on Friday as well. Our nearest upside target remains the same - around 74.5-75K area. The trades that you could make here are depend on pattern that you would like to follow and personality. Speaking about big reverse H&S - nothing has changed here. You could wait for 63-64K area where the right arm should be formed, you apply gradual accumulation of the position. Since we had bearish reversal session on Friday, market could move slightly lower and if you're aimed on the butterfly, you could wait for slightly deeper retracement. Finally the grabber - if you want to trade grabber then you need to buy right at current levels. Or you could combine it with butterfly trading as well... THey have just slightly different stop levels. So, choose your poison. :)Longby Sive-Morten8
Bullish bounce off pullback suport?BTC/USD is falling towards a support level which is an overlap support and could potentially bounce from this level to our take profit. Entry: 66,308.43 Why we like it: There is an overlap support level. Stop loss: 65,129.43 Why we like it: There is an overlap support level that aligns with the 78.6% Fibonacci projection. Take profit: 69,872.38 Why we like it: There is an overlap resistance level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Longby VantageMarkets8
Bitcoin: can it hold?Previous week was the one devoted to macro data. There has not been much developments on the crypto market fundamental side which impact the market sentiment. The US jobs data were the ones that shaped investors sentiment, in which sense, investors were more oriented on traditional markets. The price of BTC was moving again in a relatively short trading range, between levels of $67,7K up to $71.7K. It is interesting that during the Saturday`s trading session, BTC was moving in a range of only a few pips. This is a considerable slow down for BTC, not seen frequently on the market. BTC is ending the week modestly below the $70K support line. The RSI is still moving slowly around the 55 level, indicating that the market is just not ready for the move toward the oversold market side. Moving average of 50 days is still slowly diverging from its MA200 counterpart, without indication that the cross might come anytime soon, and in line with it, the change of trend. As per current charts, it seems that the BTC market has completely exhausted itself. This is usually a positive sign on traditional markets, which indicates that a major breakthrough is going to occur in order to start a new cycle of volatility. Since March this year, BTC has been trying heavily to break the $70K resistance line, but it always went without success. This was the case also during the previous week. Another attempt was without success. The jobs data for one more time pushed the price of BTC back to $70K and levels modestly below it. So, the question is what the market is waiting for? At this moment Fed's interest rate decision is in the focus of market participants, so BTC would most probably have to wait for another week, until market returns interest for the crypto assets. As per current charts, some retracements might be probable in the coming period. However, whether it is going to be within the week ahead, stays unclear. Eventually $ 67K might be the next short term target of the BTC, if the market decides to start final retracement toward the oversold market side.by XBTFX8
The latest trading advice on Bitcoin, please don't miss itThe price bounced here as the zone was a weekly support zone but has come to the daily resistance zone DR1. But it seems it is likely to get pushed a bit more down. Below we have support zone DS1 and WS2. First is the daily support DS1 from where the price is likley to bounce. Therefore, a short trade is favorable here. The price is likely to land to daily support DS1. This DS1 zone is lying around 64.5k to 65 k area. Iby Machine-traderUpdated 7
June 10 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. There is no Nasdaq index release today. Beat is after touching the support/resistance line on the 3-hour chart. It's going sideways. This week's CPI and US interest rate announcements seem to be a very important period. Based on Nasdaq's upward-sloping protection Based on tether dominance We competed in the 1+4 rebound section. *Sky blue finger movement path Two-way neutral Short -> Long switching strategy 1. Short position entry area of $69710.5 / Stop loss when the orange resistance line is broken 2. Long position switching at $69328.5 / Stop loss when the green support line breaks away 3. $70461.5 long position primary target -> Top secondary target In short->long switching The cost-effectiveness is not very good. I created a strategy based on intermediate waves. If the adjustment is strong at 69.7K at the top, Section 1 at the bottom (sideways to the right) -> can be pushed to the bottom. please note. Also, for those who are currently entering a long position, Breaking out of the green support line can be dangerous. You must keep your stop loss. After reaching the first target Once the orange resistance line is broken, you can shoot straight upward. Watch me. There is a high possibility of sideways movement, and Nasdaq variables may appear. I hope you operate safely with stop loss required + principled trading. thank youby BitCoinGuideUpdated 8
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 117
Potential bullish rise?Bitcoin (BTC/USD) is falling towards the pivot which has been identified as a pullback support and could bounce to the overlap resistance. Pivot: 65,972,81 1st Support: 64,589.11 1st Resistance: 70,123.94 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 ICmarkets7
BTCUSDThis asset needs to finished the week upper than price now. This area is a bullish area, so it´s a good moment to start to think in putting the trade. But because it´s tuesday I´ll put the order at the end of the day, around 20:00 london time. thks, blessings. Longby SGsauragestionUpdated 117
Is it really a Bull Cycle or a Bearish Distribution? BITSTAMP:BTCUSD Whats going on party people, things are getting interesting. Every fund manager reporting their Q1 ETF positions, which was at the ATH of Bitcoin, and they claiming they got 100-300M invested in Bitcoin which is less than 1% of their entire folio. All meme stocks are popping, meme tokens/coins popping too.. Bitcoin itself showing some strength to finally cross over 67k to open potential flood gates to 69 ish (highly unlikely thought) But here is how technical pattern is playing out, Bitcoin was in a Wedge and broke down Mid-late April around Halving time, it was important level of 65000 to break down Since then it has failed repeatedly to stay above 65k, is there anything different this time ? Earnings largely DONE, Inflation cooling a bit or is it seasonal, Feds have been vague but the technical chart is painting a nice picture.. we are at the top end of an ascending triangle... usually there is a breakdown but if it comes as breakout, and failed to sustain, then it will give me even further reasons to "double down" on my shorts. The breakdown will confirm this to be another Bearish wave with targets near 53k around end of May. Do whatever you feel like, but here - I said my reasons to trade the way I tradeShortby wolfewaveUpdated 17
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 Swoop66
Bearish Ascending TriangleBTC could drop 30% by the end of July if it breaks down from the ascending triangle pattern.Shortby OptiPulseUpdated 6
Is it a good idea to YOLO on Bitcoin, or should we just...Is it a good idea to YOLO on Bitcoin, or should we just trade it with good risk management like any other pair? My recent signal should probably answer that... Risk management, and a solid trading plan gets you all the things you want in trading. Is it really this easy? Plan the Trade, Trade the Plan!by liquidity_trading_Updated 2227
Bitcoin 2020 vs 2024Hello, me dear-dear friends! Today, I have prepared a comparison chart of Bitcoin's price formation in 2020 and 2024 for You. We can see a very interesting pattern on the chart! Specifically, after forming a triangle, the price broke upwards and then halted its ascent, starting to accumulate right at the support level. That's an excellent signal, in my opinion.🚀 In the near future, we might see either reduced volatility in the market or a sharp upward surge, depending on market sentiment!🤞 Yesterday's chart is also useful, and I highly recommend You check it out :) Thanks for Your attention and interest in my work🫶 Sincerely Yours, Kateryna Longby RocketBombUpdated 4441
BTC New ATH INCOMINGI have two counts this is the bullish count will post short count in a few minsLongby BigMeechTrades6
BITCOIN BULLS ARE BACK !Referencing my chart, its imperative for bitcoin to make new highs. 75000 is the next price for TP. The price has the answersLong05:42by VISIONARYFOREX6
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-Morten6