Bitcoin- Chart Analysis and Price prediction I hope you guys enjoyed the video; if you have any questions or comments feel free to comment down below!09:08by financialhour3
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 RocketBomb6621
BITCOIN is going to 'attack' $150k next. Confirmed!Bitcoin (BTCUSD) is starting the next rally phase after the pre and post-Halving 2-month consolidation, a development that is consistent with both of its previous Cycles. In fact, if traded around and above the Mayer Multiple Band (MMB) of 1 Standard Deviation (SD) above (gray trend-line), which is the exact same consolidation phase it had (blue ellipse) after every time the Bollinger Bands Width (BBW) bottomed (blue trend-line). The astonishing symmetry among BTC's Cycles is evident also when using the Vortex Indicator (VI)- and the CCI both on the 2M time-frame. As you can see, every timr the VI- topped was when the CCI made hits 1st Higher Low following its own bottom. The distance between that point in time (vertical orange line) and the bottom of the BBW (vertical green line) has been around 180 days on each of the past 3 Cycles. On the last two, Bitcoin topped within 560 - 595 days from the vertical orange line. As a result, we can expect the price to top by the week of March 17 2025 the earliest. The most important part perhaps is that after each consolidation after the BBW bottom (blue ellipse), Bitcoin's immediate target was the MMB 3SD, which is the orange trend-line. That is currently at $125k but by the time the rally reaches it, it could be closer to $150k. But what do you think? Do you feel that BTC is about to 'attack' $150k as its next target? 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot55
How I am able to take the breakout tradeBasically, you will need two key indicators. You can use the indicators that work best for you, but these are the ones that work for me. I will post the names of them in the comments below because I don't remember the names off the top of my head. I know the first one is the Order Block Finder. It's an auto indicator that I think only works in a paid TV account. The second one is an oscillator. Again, I will post the name of it in the comments below. So, this is how I take the breakout trade: I set two alerts. The first alert is set at the top of the blue Order block level. The second alert is set at the bottom of the white order block. When the price breaks through either of these order blocks, I take a look at the Oscillator. In the Oscillator, I make sure the moving line is about mid-way on the graph. In this example, price is moving down, so I see if the moving line is mid-way when the price is breaking through the range. If the moving line is mid-way this gives a higher probability that it is actually a break down and not a fake out. Usually, if it is a fake out, the moving line will be a the far extremes of the graph. Therefore, I want it to be at the mid-way point when it is breaking out of the range. The blue arrows indicate the location/timing where I placed the trade. I hope this helps someone. God bless by handyrams8559
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 10108
BTCUSD SMALL RISK ENTRYI cancelled the previous short position and put a limit on the chart above. Just my own analysis TYOR!!!Shortby jayforex0724Updated 111
2 double tops at a 1% risk reward ratio Why the drop, well let’s scalp. Most recent double top is set to a 1% drop, can go to 2%. Last double top is at a 1% drop and met its course. Why SWB:69K because recent idea called “ FOLLOW THE PATTERN WITH BANK ENTRYS” reads to reach SWB:69K then tiny dip. May be more or less because halving has different volume. I’m also showing reversal pending. Blue horizontal lines has a KROLL ATR measurement reader. Shortby The_ForexX_MindsetUpdated 1
$btc bitcoin price action fake out? or Retest for higher prices?CRYPTOCAP:BTC Bitcoin's price action is currently in channel Current Price: $67500 As price action has broken out of the channel, there are two possibilities: A fake out has occurred and bitcoin will further break down to lower supports 64k, 60k OR #bitcoin is retesting channel support to attempt higher prices up to $79k (price discovery)02:30by Ifiok-2sydes4
Bear Case Scenario: Pullback to 64k?I can see this breaking below the wedge and pulling back to the .786 fibonacci. As always - wait for breakout before entering this specific type of wedge play. Use a stoploss -not financial advice Shortby The_Gains2
BTC simple analysis: Volume correctionElliot Wave on recent bearish trend finished. High volume candles where left behind. Waiting for volume correction. Chart bounced on 300% E.W. fibo. . Fibo is between 2 and 4 peaks of E.W. Expecting to reach at least, cloose to the top of closest H volume candle. Longby FtradorexUpdated 1
I hope this strategy analysis can help youHello traders After breaking through the resistance level of 69,260, it failed to reach new highs after several upward breaks. If current prices are to continue to break upward, more purchasing power is needed. Today the price fell back to around 68130 and then quickly rebounded upwards. The price correction also faces greater resistance, and there is greater uncertainty in the market at present. Conservatives can wait for the price to choose the direction of the breakout before opening a position. At the top, focus on resistance at 69580. If the price breaks through 69580, it is highly likely that the upward trend will continue. Below, focus on support at 67950. If the price falls below 67950, it will enter a downtrend in the short term. Suggestions for trading :1. Buy when the price breaks 69580 with a target of 70400-70700 2. If the price falls below 67950, sell with a target of 66,700-67000 If you need help, you can contact meby Trade-reaperUpdated 1
Quick BTC Analysis | Bearish Trend and Key Support Levels 1D TFOn the Bitcoin chart, a clear sequence of lower highs and lower lows since reaching the ATH (All-Time High) indicates the formation of a bearish trend. The 1D TF analysis shows that trading volumes have been decreasing with each subsequent peak, confirming diminishing interest in the asset. The overall decline in volumes within the current range indicates market weakness and the development of two potential price decline scenarios: the formation of a sideways trend with a gradual price decrease, or alternatively, a sharp price drop towards the nearby support area of $ 64K - $ 62K. If the price does not hold at these support levels, further declines towards the 0.618 Fibonacci level are expected. The volume profile also shows significant accumulation in the $ 52K - $ 51K range, emphasizing this area as key support. Disclaimer: Content for seasoned traders only. Not financial advice. You bear sole responsibility for trading outcomes. Conduct due diligence. by BestTeddyTrader1
Hopefully this strategy and analysis will help youHello traders Yesterday, Bitcoin had a rollercoaster ride. After breaking through the resistance level of 69,680, it rushed to the vicinity of 70600 and quickly fell back. After falling to around 69,100, it rebounded to 69800 and then fell directly below 69100, hitting a low near 67430. Overall, the tug of war between bulls and bears is quite intense and there is a lot of uncertainty. The future of the market. However, short selling is currently dominant, so our trading philosophy is to sell on rallies to upper resistance levels. The current focus is on the 69030-69510 range. If the price rebounds to this range, you can sell. Objective 68000-68400 I hope my analysis and suggestions can help you. If you need help, please contact me by Trade-reaperUpdated 1
I hope this strategy analysis can help youHello traders The bearish butterfly pattern is another harmonizing chart pattern that signals a potential reversal of the uptrend and an opportunity to sell. This pattern is also defined by precise Fibonacci retracement and expansion levels. Here is a detailed analysis of the bearish butterfly form: Structure and Fibonacci level X-A leg: The initial leg of the pattern. A-B leg: 78.6% of X-A leg. B-C leg: Trace back 38.2% to 88.6% of A-B leg. C-D leg: Extends to 127.2% or 161.8% of X-A leg. I hope my analysis and suggestions are helpful to you and I will share them with you sooner or laterby Trade-reaperUpdated 1
BTC-BULLISHBtc is in ascending channel price is going to test trend line most probably it test the trend line and follow bullish trend Longby FazalSiyal1
Good analysis and advice may make you moneyBitcoin analysis Time frames of 1 hour and 4 hours The price has decreased in the 1-hour time frame and I am looking for selling positions every time Bitcoin rises, until we reach the $62,000 range to reach the bottom of the 4-hour channel.by Frederic-FUpdated 2
Bitcoin ultra bullish weekly in tactBitcoin is consolidating around previous all time highs. It has been following the green uptrend since Jan. We broke out above that channel on Feb 28th. After a little fake-out the previous channel resistance became support. Around the same time we were breaking out to new all time highs. Now the top of the green uptrend channel and the previous all time high are converging and acting as a new support. Sure looks like a massive cup and handle pattern we just printed on the weekly and monthly charts. On the shorter timeframes, Bitcoin is really holding on to that $67,400 ish support region. Anyhoo... NFA... I've been outsmarted by some dogs and still tie my shoes using the bunny ears method. Longby BottomZen1
BTCUSD Resistance Rejection ? 29.05.2024- Resistance rejection spotted on 30-minute BTCUSD chart. - If rejection holds, potential for downward movement. - If rejection fails, potential for upward movement. - Apply risk management Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350)by BDSwiss_Academy1
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 9
Detailed Analysis of Bitcoin's Recent Price MovementsDetailed Analysis of Bitcoin's Recent Price Movements Bitcoin has recently exhibited a pattern known as an upward wedge. Initially, the price rebounded from the wedge's support line and rose to a support level that aligned with a significant buyer zone. This support level was eventually breached by the price, leading Bitcoin to trade near the 66,700 level for a period. After this consolidation, the price fell back into the buyer zone. Following this decline, Bitcoin made a strong upward move, creating a sharp impulse that took the price up to the wedge's resistance line. During this move, it also broke through a resistance level that was associated with a seller zone. However, this upward momentum did not last long, and Bitcoin's price soon reversed direction, declining rapidly to the support level, thereby breaking the 70,400 level again. After this drop, Bitcoin began to rise once more, eventually reaching the resistance level again. Upon hitting this resistance, the price rebounded and underwent a correction back down to the support level. Recently, Bitcoin has bounced off this support level and started to rise again. Currently, it is anticipated that Bitcoin might make another corrective move towards the support line before rebounding to the wedge's resistance line. Therefore, the target price is set at 69,400 points, which corresponds with the resistance line of the wedge pattern. --- This detailed explanation provides a clearer understanding of Bitcoin's recent price movements and potential future behavior based on the upward wedge pattern. Psychology, discipline, and capital management are the three essential factors for achieving victory. If you find our analytics valuable, please show your support by liking and commenting. Your engagement is greatly appreciated!❤️ Trade Wave.Longby tradewave1Updated 2
BTC Q2 2024 FORECAST : TIME VS PRICE WHO WILL YIELDIm bullish expecting resistances like the one which traced my zig zag (another late post) i get a feeling the impulse is going to be bumpy and rangey im not all for btc hittin new highs not yet with the boost it made to get here then another boost that will make btc waaaay over bought time is as important as price and now is not the time for extreme new highs that dont matter though cause markets will just do what it wants to do my first btc forecast this year Longby Bekiumuzi_DubeUpdated 116
One more Good PushThis is a continuation of my previous Charts, I think BTC will visit the 61-62k again for a liquidity grab and stop loses hunt as stated in my previous chart: after the liquidity grab I am expecting BTC to retry the 70-73k line, If too many people open shorts at 70-73k then I would expect another Higher High at around 78-80kby GoldHatTraderUpdated 3
BTCUSD/ D waves and local TFThe local TL has broken downside and price can continue bear side. The analysis is from D waves system. This is not a financial advice.Shortby raghufx1