#BTCUSD ( REPEAT ? )A Nostradamusian theory.
Will history repeat itself?
Will another cup be made?
Will there be another gradual growth?
Time will tell
BTCUSD trade ideas
Bitcoin chartMe btc chart much wow you can use this to copy it into your tradingview as this is backtested for years
BITCOIN Is Very Bearish! Short!
Please, check our technical outlook for BITCOIN.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 74,723.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 64,959 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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bitcoin weekly analysisBitcoin experienced a bullish surge this week, successfully breaking through the resistance level that has been forming since March 2024. However, it is important to note that Bitcoin has now reached the resistance of the channel up pattern, and a correction toward the channel up support at the 70,329 level is possible.
This analysis will be updated if new key levels are identified. Thank you.
BTCUSD 1hour bullish breakout and MA50 rebound target 72000.Bitcoin / BTCUSD made a bullish breakout over the Falling Resistance on the 1hour time frame.
The break out's pull back tested the 1hour MA50 and is rebounding.
This is a bullish signal that is technically targeting the 2.0 Fibonacci extension at 72000.
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Next Stop $81,847 - $90,528 - $103,000This is a simple Fib Daily chart analysis showing you the next price BTC
127.20% = $81,847
141.40% = $90,528
161.80% = $103,000
Some of you maybe see this is not going to happen, but I am telling you since Trump won the election, The BTC market will hit the $138,000 some day in the future, don't lose hope, and trade with patience, patience is the key.
Inverted expanding triangle completed in BitcoinCRYPTOCAP:BTC has now completed the 7-month inverted expanding triangle. Consolidation at new ATHs sets a target of 94,000.
BTC ROAD TO $120K NAMO AMITUOFO ALAN NAMASTE AGREEDSummary
The Gaussian Channel is a popular trend-following indicator used to assess the strength and direction of Bitcoin’s price movements. When the Gaussian Channel turns bullish, it can signal the start of an uptrend. This post will break down how to identify a bullish Gaussian Channel and what it means for Bitcoin’s price action.
Price Position Relative to the Channel
Above the Middle Band: When Bitcoin’s price is trading above the middle line of the Gaussian Channel, it indicates bullish sentiment and strong buying momentum.
Above the Upper Band: Price trading above the upper band can suggest overbought conditions but often correlates with a strong uptrend. Watch for pullbacks toward the middle band as potential buy opportunities in a bullish trend.
Channel Color Change as a Trend Signal
Green Channel: A green Gaussian Channel typically signals a bullish trend and indicates positive momentum. The color change from red to green is often seen as a transition from bearish to bullish conditions.
Red Channel: If the channel is red, it suggests a bearish trend. A shift from green to red indicates weakening momentum or the start of a downtrend.
Slope of the Channel for Additional Confirmation
Upward Slope: A positive slope on the Gaussian Channel reinforces the bullish trend. Look for both the upper and lower bands to angle upward as a sign of sustained upward momentum.
Flat or Downward Slope: A flat or downward slope, even in a green channel, could indicate consolidation or weakening momentum. This is a sign to watch for potential trend changes.
Combining Gaussian Channel with Other Indicators
Moving Averages (MA): Combine the Gaussian Channel with moving averages (e.g., 50-day and 200-day MA) for confirmation. A bullish cross along with a bullish Gaussian Channel strengthens the case for an uptrend.
RSI (Relative Strength Index): Check for overbought or oversold conditions on the RSI to confirm entry or exit points within the Gaussian Channel.
MACD (Moving Average Convergence Divergence): Positive MACD values in a green Gaussian Channel provide additional confirmation of bullish sentiment.
Using Gaussian Channel on Higher Timeframes
Daily and Weekly Timeframes: The Gaussian Channel is most effective on higher timeframes. Weekly bullish signals often indicate a longer-term uptrend and are less prone to false signals than lower timeframes.
Example of a Bullish Gaussian Channel Setup
Channel Turns Green: Bitcoin price moves above the middle band, and the channel color changes from red to green.
Middle Band as Support: Price pulls back to the middle band and finds support, creating a potential buy opportunity.
Slope Confirmation: Both upper and lower bands slope upward, confirming bullish momentum.
This setup suggests strong upward potential. Traders may enter a long position near the middle band support level, with stop-loss below the lower band to manage risk.
Important Notes and Limitations
False Signals: Gaussian Channel can give false signals, particularly in choppy or ranging markets.
Lagging Indicator: Being based on moving averages, the Gaussian Channel may lag behind price, and it’s often best used as part of a broader strategy.
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Conclusion
A bullish Gaussian Channel is a valuable tool for identifying positive momentum in Bitcoin's price, especially on higher timeframes. By monitoring price positions relative to the channel, channel color, and slope, traders can improve trend-following strategies and make better-informed decisions. Always use additional indicators for confirmation to reduce the risk of false signals.
#BTC #GaussianChannel #TechnicalAnalysis #BullishSignal
$BTC parabolic waves are inevitable!#Bitcoin don't worry about the corrective waves occurring in the early stages of the bull run, focus on the big picture and enjoy the ride!
#btc #btcusd #elliottwave short sell setup wave c 10Nov24This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
BITCOIN IS VERY BEARIS SHORTPlease check our technical outlook for BITCOIN.
The market is on a crucial zone of supply 74723.
The above mentioned technicals clearly indicate the domimnce of sellers on the market. I recommend shorting instrument aiming at 64959
BTC/USD - Patience is key!Sometimes you just need to wait a little for price to show or form a good structure and comes a day when there just arent any trades taken. Most traders dont understand this but in the long run it is one of the key things that show good results!
Congratulations #Trump!!!! A massive win for the WorldAnalyzing the potential market impact of Donald Trump's recent win and its implications for global markets. How might this political development influence the stock market, forex, or commodities? I'll dive into possible scenarios and key sectors that could be affected. With volatility expected, it's a good time to review market trends and risk management strategies.
#Trump #MarketImpact #GlobalEconomy #Forex #StockMarket #PoliticalAnalysis #TradingView #Investing #MarketTrends
Bitcoin 6-12 months analysisBitcoin experienced a large price increase in the past few months, as you had analyzed the price of Bitcoin from $20,000 in the past, this time I will also analyze the path of Bitcoin from the price of $64,000, Bitcoin experienced a total increase up to $80,000. but in two different cases, Bitcoin can decrease to the price limit of $50,000 and move from this price to $80,000, or in the same price and range that it is at this moment, directly to 80. $000 moves and reaches this price, I consider targets for traders which are $70,000, $75,000 and $80,000 respectively for this analysis.
In addition to this increase, consider that all digital currencies react positively to this increase because all digital currencies have a positive correlation with Bitcoin, only the percentage of correlation between them is different.
Sasha Charkhchian
1 Year of Bitcoin Bull Run Remaining? In the chart above, we’re analyzing Bitcoin’s historical cycles to see if the current cycle follows a similar pattern.
Bear Run (1 Year): In each of the last three cycles, Bitcoin experienced a bear market lasting exactly 1 year from the all-time high (ATH). This phase saw a significant drop in price as the market corrected.
Bull Run from Bottom (1,064 Days): In the last two cycles, once the bottom was established, Bitcoin entered a consistent bull market that lasted approximately 1,064 days. During this period, the price gradually climbed, eventually reaching new highs.
Current Bitcoin Cycle:
So far, the current cycle appears to be following the same pattern as previous cycles. We’ve already experienced a 1-year bear market after reaching the previous all-time high (ATH).
Currently, we have completed 2 years of a bull run from the bottom, aligning with the 1,064-day bull run observed in past cycles. Based on this historical pattern, we may have 1 year of bull run remaining, which could potentially push Bitcoin to new highs by late 2025.
If this trend continues, it suggests a strong opportunity for growth over the next year, mirroring the end phase of past cycles.
BINANCE:BTCUSDT BITSTAMP:BTCUSD CRYPTOCAP:BTC
Regards
Hexa
BTCUSDThe BTCUSD should continue its downward correction before resuming its upward trend.
I'm aiming for 66,000, so we'll see where that takes us, bearing in mind that the first major block is at 67,000.
btcusd buy trade!!!The Relative Strength Index (RSI) is showing an upward trend, indicating increasing momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bullish crossover, further supporting the potential for an upward move.
Bullish Scenarios for Bitcoin Factors Supporting Upward Trend
Inflation Hedge
Increased Institutional Participation
Adoption as Legal Tender
Scalability Improvements
Currency Depreciation
Reduced Supply Growth
Historical Price Appreciation
Enhanced Retail Adoption
Efficient Global Remittances
Btcusd Faliing H1 ForecastBitcoin price declines over 2% this week, but the bounce from a key technical level on the weekly chart signals chances of hitting a new all-time high in the short term. US spot Bitcoin ETFs posted $596 million in inflows until Thursday despite the increased profit-taking activity.
Trade #42 ShortShort entry: 80.0 -- SL: 80.5 -- TP: follow trend
entering short after big figure 80k stops were hit and most shorts got squeezed.
BTCUSD - LONG TRADE Execute the price at the exact price mentioned, NO FOMO.
💡KEEP IN MIND💡
I am not a financial advisor and do not contribute to any of your losses or profits. To be safe, I recommend that you risk only 0.1 - 0.2% for the first week or 10 days, as no one can predict the market.
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BITCOIN BULLISH BIAS|LONG|
✅BITCOIN is going down now
But a strong support level is ahead at 66,000$
Thus I am expecting a rebound
And a move up towards the target at 71,000$
LONG🚀
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