BTCUSD - SELL Short Sell ICT Pattern 1 minute into Fair Value Gap Also Return to Previous Level Pattern Very little Resistance to the left RSi all down Shortby NZ_SharemanUpdated 3
BTCUSDTrend =Bullish The market has reached a resistance and now pulling back showing bearish momentum.. Now a close below This 15Min levels will indicate more bearish signsby CoolSlavesFx2
Bitcoin Macro Parabolic Continuation?If continuation, the steepness of the parabola implies a large move...$85k at a minimum. If the parabola breaks, distribution targets (~50% correction) are on the table.by NgUTech2
BTC POST HALVING History doesn't repeat itself, but it often rhymes... We're now in the post-halving part of the Bullrun, and we can look back into Bitcoins history to help predict what might happen next. Typically A bull cycle lasts 1065 days from the low to the high with the halving event in the middle. If we use that same timeframe and apply it to this Bullrun we can expect the peak for BTC to come in early October of 2025. Now we know that once BTC has had it's top, altcoins regain some of the market dominance in an "Alt season" which is often a manic period of profits from BTC being poured into increasingly risky projects until the whole thing comes crumbling down, which then leads too... The bear market which historically lasts for a full year from top to bottom. The bear market comes when most people least expect it as they are so used to price going up, complacency and greed can cost you all of the gains made in the last 3+ years. It's also important to note that BTC routinely goes through 25-30% corrections on the way up, and this is where many fall down. Knowing the difference between a correction and a top is the difference between making it and roundtripping everything. Have an exit strategy, take profit at key areas, don't let greed win. The Fibonacci levels can be very useful when a project goes into price discovery as well as big even levels, your 100, 150, 200's etc. When Fib levels line up with these big evens you can expect resistance and therefor look to protect your capital. Bitcoin is very close to a breakout from the '21 ATH level, we've been above SWB:69K before but swing failed to hit $56K, I am still a little worried about the GETTEX:52K +VE Orderblock as shown in green, it would make sense to revisit that area at some point however it does depend on this current SWB:69K S/R level. by ProR352
BITCOIN: A Volatile Journey Towards New HeightsBitcoin (BTC) has always been synonymous with volatility, and recent market conditions are no exception. Currently priced at $67,700, Bitcoin is capturing significant attention as it hovers around this pivotal point. The market sentiment is mixed, with expectations of potential pumps, possible rejections, and opportunities for buying at lower prices. As we stand a few weeks post-halving, the anticipation of new all-time highs is palpable among investors and analysts alike. Historically, Bitcoin has shown a tendency to reach record prices following a halving event. This pattern fuels optimism that another bull run could be on the horizon. However, caution is warranted. Should a price drop occur, it is unlikely to last long. The underlying fundamentals and increasing institutional interest provide strong support for Bitcoin’s value, suggesting that any dips could be temporary and present attractive entry points for both new and seasoned investors. In summary, Bitcoin's journey remains as thrilling as ever. With the current price point being a critical juncture, the market could see significant movements in either direction. Investors are advised to stay vigilant and consider both the opportunities and risks in this dynamic environment.Longby GokicUpdated 3
BTCUSD 1DBTC ~ Updated #BTC Just as we expected. Price retested the Support Line of this pattern. We are still Bullish with a short term target of $80,000. If there are changes to our plans, we will immediately update them here. stay tunedLongby CryptoNuclear2
Bitcoin - Next CycleBack in 2018 this indicator marked the bottom (light green dot): This is happening again... in november a downtrend ended, and right now it's neither bullish or bearish. After a downtrend there's usually a range, so I'm expecting a retracement hopefully back to 30k, afterwards comes another trend, and I will bet for another downtrend late 2023 / early 2024, at the end of 2024 a new bullrun may begin.Longby Vold316Updated 101024
BTCUSD(Elliott Wave)Hello friends Today, I have prepared an analysis with a high and short-term success rate for you. In Bitcoin currency, we have a 5-wave pattern with waves 1, 2, 3 and 4 completed. Bitcoin is definitely completing the 5th wave, so BUY Order is definitely recommended. Don't forget the stop loss at $69,000. The resistance target is $73,200. To support me, I recommend that you install Trading View software on your phone and see my analysis and support me with your comments and Boost. Be successful and profitable.Longby M_Gheysvandi3
Inverted Head and Shoulders Pattern for BTC/USD, Anyone?BTC/USD bulls have been making a comeback since forming a low of $56,478 and recently completed an inverted head and shoulders pattern (left shoulder: $59,559; head: $56,478; right shoulder: $60,165). Yesterday’s rally ventured through the pattern’s neckline, a descending line extended from the high of $67,273. What is interesting from a technical standpoint is that the pattern’s profit objective – taken from the value between the head and the neckline and extended from the breakout point – merges with the all-time high of $73,845 at $73,756. Longby FPMarketsUpdated 6
Bitcoin at $71k: Should you grab BTC today or wait? SHORT NOWAs Bitcoin continues to dominate the cryptocurrency market, its recent price movements have caught the attention of investors and analysts alike. Over the past few months, Bitcoin has shown a significant increase, with a surge of over 100% year to date, and a notable rise of 9.8% in just the past week. Despite reaching a new peak above $73,000 in March, Bitcoin is currently facing challenges in surpassing the $67,000 resistance level. Recently, after hitting a 24-hour high of $67,697, it slightly retracted by 0.7%, bringing its current trading price to around $66,800.Shortby ShumbaFx072
202421 - a weekly price action market recap and outlook - btc Good Morning and I hope you are well. bitcoin Quote from last week: bull case: We are at support until clearly broken. Bulls got a two legged correction which was very shallow and weak. They have no arguments on their side besides the previous resistance one. Best they can hope for is more sideways movement until the 1h 20ema comes closer - currently at 80.7. comment: None but will update once we break above or grind down again. current market cycle: Trading range key levels: 56000 - 67000 bull case: Bulls need strong close above 67000 for 70000 and probably retest of ath. They tried 4 times now and failed. Market is also a wedge top on a lower time frame. Bulls have no good arguments around 67000. bear case: Bears want to sell the high of the trading range and test back down to 60000 or break below. Right now odds favor them instead of a bull breakout. Not rocket science when support and resistance is clear. short term: Bearish for at least 64000 but probably 60000 again. 67000 is my bullish line in the sand for 3 weeks now. I think odd’s favor more sideways inside given range. It’s absolutely not bullish that bulls could not get above 68000, 4 times now. medium-long term: Down to 40000 (could take 3-6 months). Longer term than that time frame, I don’t know. Could also drop to 20000 again but let’s make 40000 first and see how many want to buy there. —unchanged Update: UnchangedShortby priceactiontds2
BTCUSDCRYPTOCAP:BTC #BTC My expectation is that a similar scenario to the one in the chart will play out. So far, after each halving, we've seen a bull market, but it takes some time for it to happen. In this part of the cycle, large corrections, painful dips, and boring consolidations are completely normal. Be patient, stay focused, prepare for the third quarter, and you will be rewarded.by benjaminxbt3
BTCUSD trading planDo you think bitcoin will continue to raise or fall?according to my view amstil seeing growth momentum with normal pull backs respect support n resistances n trendline support you might decide to take early entry as buy is promising but it can go to trendline support n continue to rise or just continue to buy at the current price soo it's risking management that count float n waiting time target 73000⏲️ Longby mulaudzimpho2
Will Bitcoin Soar to $72,000 or Crash to $66,000? Bitcoin (BTC/USD) is currently trading at $68,937.50 with a minor retracement of -0.11%. The market exhibits significant volatility as seen in recent price actions and technical indicators. With a market capitalization of $1.36T and a 24-hour trading volume of 21.38B, Bitcoin remains a dominant force in the cryptocurrency market. RSI (14): 55.58 (Neutral) – Suggesting the market is neither overbought nor oversold. Stochastic %K (14, 3, 3): 38.13 (Neutral) – Indicating no clear momentum direction. CCI (20): 30.48 (Neutral) – Showing a lack of significant deviation from the price trend. Momentum (10): 298.47 (Buy) – Indicating positive momentum in the short term. MACD Level (12, 26): 191.18 (Sell) – A bearish divergence, cautioning potential downside risk. The price has been oscillating between $68,500 and $69,203, forming a symmetrical triangle pattern. This pattern suggests potential for a breakout, but the direction remains uncertain given the mixed signals from oscillators and moving averages. The Ichimoku cloud analysis shows the price currently hovering above the cloud, indicating a possible bullish sentiment if the price remains above the baseline. Recent news indicates substantial accumulation by large entities, as evidenced by the purchase of 20,000 BTC in a 24-hour spree. This bullish activity by whales can potentially drive the price upwards in the short term. Long Position Entry Point: $69,100 (Upon confirmation of breakout above the resistance level of $69,203) Target: $72,000 (Near the upper bound of the previous high) Stop Loss: $68,500 (Below the current support level to mitigate downside risk) Short Position: Entry Point: $68,400 (If price breaks below the support level of $68,500) Target: $66,000 (Anticipating a drop to the next significant support level) Stop Loss: $69,200 (Above the current resistance to limit losses in case of a reversal) Price Prediction Given the current market dynamics, if Bitcoin breaks above the resistance level of $69,203 with strong volume, we can anticipate a price target of $72,000 in the short term. Conversely, if the support level of $68,500 is breached, a decline towards $66,000 can be expected. With mixed signals from oscillators and moving averages, traders should closely monitor the key support and resistance levels for breakout confirmation. The current market sentiment leans towards a cautious optimism, supported by substantial whale activity. Implementing tight stop-loss levels is crucial to manage risks effectively.by AxiomEx2
BTCUSD 6 weeks chartYea! every market when its approaching to top, many youtubers will trying to hype you with all the daily timeframe. OMG! the last chance to buy BTC. BTC halving will make BTC go parabolic. You want to listen to them or respect the chart. I don't need to elaborate for this chart. Just use our common sense and simply look at stoch rsi in 6 week chart. What happen when stoch rsi value hit 100 and bearish cross down? Of course, anything is possible, maybe price can go to 80k if lucky creating another bearish divergence in 1 week timeframe but looking at this 6 weekly chart, do you want to risk yourself buying the market top? Remember, smart money is always patient and smart money know when to take profit. So don't be hyped and respect the chart, there is no such thing as you missed the boat in any market. Don't let YouTubers fool you. by SkyitoUpdated 5
btc structure updatedusing the ETF run-up trend superimposed on the breakout of the local trend, my initial estimate had the correct ranges but not the correct path. i updated my estimate and expect to see 80k BTC no later than mid-June. but i am also an idiotLongby pandar2
Bullish Flag continuation pattern in BTCUSDA bullish flag continuation pattern is observed in BTCUSD in 4-hour timeframe. The current trend is bullish and there is no noticeable divergence as well. This can be a good point to take long position and the bullish trend is expected to continue till the projection of the flag pole as highlighted in the chart.Longby wakqas122
As ETF hype fades, do we revisit 60k one last time? Declining volume. Post-hype profit-taking. Greed index is at Extreme Greed. It would not be surprising to see us pullback and re-test our floor one last time. This is complete speculation. None of this is financial advise obviously. Do your own research. As a personal side note, I have added SBIT to my counter-play. I think at this level SBIT provides no real opportunity. However, I want to get into the habit of profit-taking and counter-investing when our last ATH comes.by chillcrypto2
BITCOIN BUY NOW TO ALL TIME HIGH#BITCOIN Here we go again! Out of neutral range, 1 last hurdle to CRYPTOCAP:BTC NEW ATH 🚀🚀Longby SpecuVisionary2
BTCUSD is clearing its way for bullish to reach $73000.00.BTCUSD is clearing its way for bullish to reach $73000.00. BITSTAMP:BTCUSD BTCUSD is expected to reach $73000.00 as per the technical analysis for BTCUSD Futures Contract (May 2024) and Bitcoin (BITSTAMP:BTCUSD) as of May 1, 2024. The analysis uses indicators such as Moving Averages, Oscillators, and Pivots. Key indicators include Relative Strength Index (RSI), Stochastic %K, Commodity Channel Index (CCI), Average Directional Index (ADX), Awesome Oscillator, Momentum, MACD Level, Stochastic RSI Fast, Williams Percent Range, Bull Bear Power, and Ultimate Oscillator. Moving Averages are not specified, and the information provided is not personalized investment advice. It is recommended to conduct research and consider risk tolerance before making any trading decisions. BITSTAMP:BTCUSD 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 1114
BTC 2025 PredictionHere is my BTC Chart that I trade off of. I like to predict out price projections for the upcoming bull runs. The parallel lines are the rainbow regression lines. You will also find a true regression line show as a green shadow at the bottom and a red shadow at the top which is fit "bubble" data. Finally, you will see a "Pie Cycle Top" and "Halving Cycle Profit" indicators. Since there has been a little over a month since the halving occurred, I would now like to publish my projections. As for my prediction, I think that BTC can surpass the 100K mark with a high of 120K and a low of 80K. The blue flag indicates where I think we might see the next pie cycle top which falls in the "take profit" range based on the previous halving. The YELLOW line going into late 2024 and early 2025 is my baseline for what I think Bitcoin might do from a price perspective. The BLUE line is best, best case scenario topping out under 200K. (For the record, I do not think BTC will reach these levels this next run, but with it's volatility, I cannot leave that the possibility out.) The RED line is the on the conservative and low end of price projects in a scenario where BTC does not reach the 100K level topping out in the low 90s.Longby austunutsua1
long ideachanged direction as momentum on h4/h1 has shifted to the upside and the daily candle will close bullish in 1 hour time, the 30m and 15m is also showing a liquidity grab, risk to reward is a very good trade, statistically we have an edge but i will be keeping an eye and trading and changing direction as if i have no positions in the marketLongby Khalidd932