Hidden double bottom Hidden double bottom. Price reads $68,417, since last night when the smart money entered the trade. Double bottom met criteria combined with smart money entry. Longby The_ForexX_MindsetUpdated 553
Bitcoin Next Target is Channel TopBitcoin is currently in an Up Trend Continuation after a 0.5 Fibonacci Retracement. The Next Target is Channel Top. I want to help people Make Profit all over the World throughout my entire life. Additionally, I am eager to Receive Money Worldwide because of my Potential.Longby SasikumarManiUpdated 447
Bitcoin bull signalWe found the history of 1W MACD. When MACD crosses, the price tends to fall. We've found it at least twice in history. Will it happen this time? If it is. $55,000 to $52,000 is the closest that is possible at this point.by Thebest-traderUpdated 117
#BTC Bullish #BTC Bullish Breakout of MA Breakout of high volume Breakout of residence Now we will slowly move to 80k🤑Longby EtoYa777223
BTC - Path of least resistance and maximum painI'm not a conspiracy nut but giving room for belief in conspiracy theories, let's say the entire crypto market is a "washing machine" for various fronts. It just doesn't have any practical utility right now, that makes the world a better and safer place. The possibilities are endless but let's just say it hasn't been leveraged for any noble cause, yet. Sakamoto Natoshi would be turning in his grave should he know what his noble invention was being used for, if indeed it was a noble act from the get go. Bottomline, it has a shade to it's existence, and as such can only be construed to serve malicious intentions of governments, authorities and the rich. So it is always bound to opt the path of least resistance and maximum pain, as far as common folk are concerned, i.e. acting against them. Now stepping into reality, considering common folk, retail traders and institutions who are involved in this charade. Common folk: I meet people constantly who have never heard of bitcoin, also people who learnt about it's existence just now in 2024! A subset of this common folk with some grasp of how world economics work and an appetite for risk want a piece of the action. Retail Traders: I'm not sure if the term "retail traders" also encompasses the so called "whales". I'm assuming not. So let's say everyone working with a portfolio value of 1BTC or less. From this category (at least the sensible and well educated) never expected what happened in the first 3 months of 2024. But now that we are where we are, they also want a piece of the action(including myself), knowing very well they could be too late at the scene. Institutions: All the hedge funds and their 60+ grandpa managers who do not understand technology are also now a part of this charade, in addition to various tech companies and their CEOs, playing we know it all. "Apparently" the whole rally is attributed to the ETF inflows from said institutions. And somehow there is this sense of unshakable faith in the air, if these institutions are already invested, BTC is bound for the moon and it can never look back again. There are preposterous articles on how any price below 70k was a buy! Everything mentioned so far isn't an established fact! Let's now turn to tangible facts we know, our dear charts! Hoping and praying to the good lord, that this data is also not fabricated. The 12 month candle on the left is as big as it's ever gotten. We still have 7 months left to go until the candle closes. And looking at the volume, we are at 450k on this particular exchange, compared to an average of ~2 million on previous full candle. Assuming half a million traffic per quarter, this volume does make a lot of sense but what it doesn't correlate to, is the ETF's inflows. If anything, it should be double or triple the average based on all the news about the kind of money that's been inflowing. Very skeptical! If I were any sensible and should I consider myself in the position of a market maker, I see a lot of paths testing and breaking supports(the beaten path), rather than price discovery(the road not taken). Because, -who dares to buy any further?! -retail is already late to the party, don't want that portfolio eroding -institutions are "supposedly" already invested, who are they going to sell it too? They should be idiots to buy it all over again all the way to 100k, coz if nobody wants to buy now, who's gonna buy at 100k?! -halving has reduced the supply, there is less supply for the next 3 quarters than the previous 12 month candles and it makes sense to buy/sell lower again than at the 100k or 130k area On the contrary, looking at the perspective of taking bitcoin away from the common folk's reach, it does make sense to drive the price into the 6 figures. But then again, if you take it away from the common folk's reach, how is the so called "evil system", that's basically designed to prey on simple minds, supposed to work?! I know, I know, I'm rambling! The point is, I don't see this going to the moon any time soon! And I could be completely wrong about this and may have already fallen for the trap that's set for all of us! Time will only tell. Heartfelt thanks to anyone who's managed to reached thus far, please leave a like if you did like the read or teach me a swear word in your mother tongue down in the comments, for wasting your time! Peace!by TulpenFieber223
Bitcoin ($BTC) Set for a Bullish Breakout Crypto analysts at intelligence tracker Santiment have analyzed the crypto market and found that Bitcoin ( CRYPTOCAP:BTC ) could make another attempt to hit its all-time high. The analysis revealed the large volume creation of meme coins and institutional demand for long Bitcoin ( CRYPTOCAP:BTC ) calls on margin. Bitcoin ( CRYPTOCAP:BTC ) funds and Spot ETFs have injected fresh capital, pushing up the mean dollar invested age metric. Historically, periods of steep decline are considered a confirmation of a bull market, and reversals signal trend reversals in $BTC. The crypto market capitalization rose 5.2% over the past seven days to $2.41 trillion, reaching its highest level in nearly four weeks over the weekend. Bitcoin ( CRYPTOCAP:BTC ) is currently treading near local highs, remaining just below FWB:67K , an 8.4% gain in seven days. Despite the burgeoning risk appetite in global markets, demand for Bitcoin ( CRYPTOCAP:BTC ), Ethereum, and many altcoins is subdued. However, BTCUSD remains firmly above the 50-day moving average, indicating an upward trend. Investors are more optimistic about Solana, whose price rose to its highest since early April at $177 24h. It may well reach the March highs before Bitcoin ( CRYPTOCAP:BTC ), acting as a more sensitive indicator of risk appetite in cryptocurrencies. Bitcoin would need to hit $93K to flip Silver right now. Bitcoin ( CRYPTOCAP:BTC ) is currently the world's ninth-largest asset, trailing gold, Microsoft, Apple, Nvidia, Google, Saudi Aramco, Amazon, and silver. Gold has also distinguished itself, increasing 22.4% since Feb. 13, according to Trading Economics. It currently has a market cap of $16.4 trillion. Industry pundits were split on how Bitcoin's price would move after notching a new all-time high in March. Analyst Dylan LeClair noted that Bitcoin tends to double within months of reaching new highs, particularly around halving events. Analysts at cryptocurrency trading platform Bitfinex predict Bitcoin could reach $150,000 over the next 12 months, with spot Bitcoin exchange-traded funds and the post-halving effect as the main drivers. Technical Outlook Bitcoin has formed a Bullish Flag pattern a move to $70k pivot will accentuate Bitcoin's next bullish streak. Additionally, Bitcoin ( CRYPTOCAP:BTC ) could stay in a “consolidation phase” between $55,000 and $75,000 pivot over the next month and potentially rise toward the end of the second quarter.Longby DEXWireNews224
Is This The Beginning Of The End Of The Bulls?After reaching an all-time high (ATH) of $68,997 on November 8, 2021, Bitcoin began a bearish correction that lasted a year, bottoming out at $15,479 on November 21, 2022. Following this, the bulls took over and pushed Bitcoin to a new ATH of $73,805. At this point, another correction is likely to occur in order to propel Bitcoin towards the projected six-figure price mark. I anticipate the price retracing back to $38,597 before rallying northwards of $100,000. From a technical perspective: The buy-side liquidity created by the previous ATH (traders who entered late during the last bull run have exited their positions) has been swept. This has led to an imbalance in price, causing it to seek sell-side liquidity, which is predominantly around $50,428 or even $38,504.Shortby Sazzy113
BTC reached top - ready for correction The 72k area was most probably the top for now. Probably the ETH ETF news will be selling the news again this week. Expecting at least 48k for reversal and continuation of the bull. Shortby Flying_Dutchman_69113
BREAK ALL THE RULES: SPYING smart money trend lines Traced over smart money trend movements. Two circles represent hidden secret smart money double bottoms. Not revealed to the public. They must meet an algorithm. How high, for now it’s questionable. Breaking all the rules: whales break rules, so will I. Stay tuned for buying and selling updates. Once I can confirm BULL-SHARKS BUYING entry, I’ll update. I’m working on whales buying and selling algo. Longby The_ForexX_MindsetUpdated 1118
BTCUSD LONG IDEATriggered order block on the 1HR TF Chart. Safe entry will be at the bottom order block and SL is the red line. This is just based on my own analysis. Trade at your own risk! Longby jayforex0724222
BTCUSD - Top IdeaAn idea considering Bitcoin and the current bull run Using previous tops tops to show how the structure is changing over time This is better shown with a curve and normally shown that way but this another example. I think bitcoin will peak before the rest of altcoins and then a massive alt rally will ensue. by Bixley222
Fib Retracement questions smart money SPOOFING!Fib Retracement with an interesting smart money contraction. Trend line points parallel upwards to wear the smart money contraction, horizontal red dotted line. If there’s a breakout then the 2MO TF BEARS loose. Stoch RSI will confirm it by bull trend must cross the bear trend making a curve to the upside. No price range, not possible. If there’s spoofing manipulation happening, knowing where the trending ends is difficult to understand. Best I can go by is knowing when smart money buys and sells. NO BUY has been confirmed. Enough BULLS RUNS have been confirmed, it’s a matter of time. Longby The_ForexX_MindsetUpdated 303033
Balla is still Bullish on BITCOIN. Cup & Handle pattern. The trend is still our friend. I still see bullish developments in the price action. We must have patience. Dips still must be bought. The plan hasn't changed. We still aiming for that time period of 9 -15 months post #BTC Halving. We are only one month down :) Longby BallaJiUpdated 777
Lets go BTCUSD Bulls. Bullish Wolfewave is confirmed. 70K TargetAs shared previously, we were tracking a Bullish Wolfewave into making and then took a bold move to short while we wait for wave to complete Here is that trade, which we completed within a week's time Now this time we are looking to enter the trade and ride or die. Upside is huge, all the way to 70, while downside risk is 2-5k depending upon your risk. Play small, play unleveraged... Longby wolfewaveUpdated 447
BTC RangeSupply and demand zones for BTC. One of these days it will break out of this range with an impulse move.by jjgelinas111
BTCUSDT - at his resistance area? what's next??#BTCUSDT.. well guys market very well holding his supporting areas and bounced, now market have 67800 67900 as his current week resistance area, keep close it because if market hold it then only that case drop expected from here, other not. only selling will be invalidate above your upside region. good luck trade wiselyby AdilHussain731333221
🚧Bitcoin is Bullish now🚧 & many Traders don't see it 👀!!!Hi. BITSTAMP:BTCUSD ✅Today, I want to analyze BTC for you in a 12H time frame so that we can have a MID-term view of BTC regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). After the fifth bullish wave, BTC has completed his corrective waves (ABC) and now he has reached the end of the wedge, now it is time to start the five bullish waves . ✅ Due to the Ascending structure of the chart... 🟢 High potential areas are clear in the chart. 🟢 Bullish Wedge. 🟢 Starting 5th waves. 🟢 Bullish Divergence 🟢Falling Wedge ❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!Longby CobraVanguardUpdated 3357
BTCUSD updateWhen they hate you work,when they gossip you work,it doesn't matter how others sees it but what is matter is what you see n trust what you do not what community n majority do,you do your own things your way.n trust your work nothing can stop you.Longby mulaudzimpho330
WHALES LOW VOLUME; almost complete Whales low volume means BULL MONSTER RUN. I think by now, those mates who know when I mention whales low volume means BULL RUN. Last whales low volume spiked to about 10k. Here is your rectangle and my SPACEDXx purple plot wave indicating BULL POWER. My money volume green wave is also on the up move. Longby The_ForexX_MindsetUpdated 3312
BIG SHORT ON BTC!!!!!!!!!!A hidden bearish divergence is printing on the daily btc chart which means a trend (bear) is likely to continueShortby YassCapUpdated 3312
Bitcoin makes good profit. Now is just the beginning!!! UPDATE2Bitcoin is an invention designed to grow forever as long as we live. If you see the same vision, don't forget to support the analysis. I'm releasing UPDATE2 earlier than planned because today the channel reached *666* followers. The analysis is set for long-term updating. It doesn't matter if the price is 70k or 50k as long as you see the big picture. The world economy is still uncertain, we are hiding in cryptocurrency. I prepared the analysis in a logical circle with altcoins!! My analyzes are 100% my own and not manipulated by other people's opinions, I don't follow anyone here. i could be wrong but this could be absolutely true. I believe my truth, MoralDiscipleLongby MoralDiscipleUpdated 8686113
Falling towards 38.2% Fibonacci support?Bitcoin (BTC/USD) is falling towards the pivot and could potentially bounce to the 1st resistance. Pivot: 67,281.45 1st Support: 64,516.04 1st Resistance: 71,327.76 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 ICmarkets119
Trade identification: Using bitcoin as an exampleHello, Trade identification is the process through which you are able to identify setups that can be actioned on in the markets. For this example, I shall be using the BTCUSD chart to chant my path as I look for tradeable setups. 1: Structure drawing Identifying the structure of trades is very key since it creates a sense of knowing where the market is at from a greater point of view. The structure on a 2 weeks chart shows that the crypto is at the top of the chart. This shows that it might not be a good time to buy since it is advisable to buy at the bottom and sell at the top. However, we can always look for smaller trades using lower timeframes and get better setups. 2: Move to lower time frames & identify patterns. Patterns are very key in helping you identify tradeable assets. For my asset I moved to the 6h timeframe to zone in and identify tradeable opportunities. This helped me identify the Expanding triangle setup on a bigger scale. This is a sideways move that will help me trade on the asset for the short term. In the expanding triangle I was able to identify other smaller correction patterns that guide me on how the market is moving. 3: Entry identification After you have determined where you are at in the eco cycle, very key is now to identify the next causes of action. You must never trade at the top (buying overpriced assets). Very important is to always note that there will always be more opportunities in the future and never to chase trades that have already gone. The ideal situation is to look for corrections as entry points and buy/sell with them. Next now will be to look for areas where you can enter on an even lower timeframe. The chart shows that a correction is happening on a lower timeframe (1hour). Now have an alert at the bottom of the correction also coupled with indicators. Thats the entry point of the trade. 4: Target setting The exit target shall be set using the 6 hour chart and will be at the top. A stop loss will be just behind the trendline as shown below. This is very key for risk management. Now wait for the price to come close to your entry points and good luck. We shall follow this trade to end. Editors' picksEducationby thesharkkeUpdated 2828 1.9K