#BTC #BTC still looks all good, previous idea had TP1 hit but we were unable to close above 71k level in the past we have talked about 64k Zone even on the above-mentioned idea as well, we are also in spot long since 57-58k In a short time frame, this is what I am looking for, I believe we will be going into a sideways accumulation zone, summer is COMING early this year, so accumulate for 40-60 days from now & start pushing for higher levels in mid sept-october. The US have HUUUUGE election coming up in November & I believe that is when we will be seeing new highs in speculation of xxxxxxx winning market is super volatile specially for alts, we gotta keep on adapting keeping HTF bias in mindLongby Bromadic2
BTC 4h Chart Key LevelsLooking for support below - confluence area - 95k Bullish Breaker + Orderblock with Imbalance + 618 fib + Value area Low of the current range. Currently in the range after we moved up significantly but recently rejected from the point of control inside this range. Low target would be the Yearly Vwap which is on its way up to the 62,488 fib level. I think price action and the Yvwap will meet near 63k. If we were to lose that vwap, theres a nice easy fall to the 54k area. Not Ever Financial Advice.by AltisonaUpdated 2
btc tradelets see if this going to work...Btc bounced 2 times from resistance, and should go down to the buy order block.Shortby TajkMajson2
EARLY BIRD BITCOIN SHORT ENTRYTrade Position and Rationale: I am currently holding a short position (entrey at $68,600) based on the rejection at the $70,000 resistance level. This level has proven to be a formidable barrier, suggesting strong selling pressure. The additional indicators reinforce this bearish sentiment. Key Levels to Watch: Primarly, as the VRVP shows, we are having the early bird rejection candly from the volume profile POC. If the trend reverses with a rejection here I would not expect anything less than... Immediate Support Level (White Line): $60,883.0: This is the immediate support level, marked by the white dotted line. A strong reaction at this level is crucial. A bounce here could indicate a potential double bottom, which might signal a reversal. However, a break below this level would confirm the bearish trend and open up lower targets. Potential Targets if Support Breaks (Red Dashed Lines): First Target: $51,740.5: This level aligns with a high-volume node on the volume profile and represents a significant previous support level. The confluence of these factors makes it a strong target if the $60,883.0 support breaks. Consolidation or a temporary halt in the decline is likely around this area. Second Target: $42,862.2: This major support level from historical price action is reinforced by another high-volume node. Reaching this level could present a substantial buying opportunity for long-term investors, as it is closer to previous accumulation zones. Volume Profile Analysis: The volume profile shows the distribution of trading activity at various price levels. The prominent high-volume nodes at $51,740.5 and $42,862.2 suggest these levels are critical points of interest. These nodes often act as strong support and resistance areas due to the significant trading activity and liquidity they represent. RSI Analysis: The Relative Strength Index (RSI) is currently at 44.08, below the neutral 50 level, indicating bearish momentum. The RSI has been trending downwards, reflecting increasing selling pressure. Watch for the RSI approaching the 30 level, which could indicate an oversold condition and potential for a short-term bounce. MACD Analysis: The MACD is currently showing bearish signals, with the MACD line (blue) below the signal line (orange) and both lines trending downwards. The histogram is also in negative territory, indicating increasing bearish momentum. This reinforces the short position and suggests that further downside is likely. Additional Insights: Bearish Divergence: The RSI and MACD both show bearish divergence, supporting the expectation of further declines. This divergence adds confidence to the short position. Risk Management: For those in short positions, setting a stop-loss slightly above the $68,000 resistance level is prudent. This strategy limits potential losses if the market unexpectedly reverses. Similarly, long-term investors looking to buy should consider setting buy orders around the $51,740.5 and $42,862.2 levels with appropriate stop-losses to manage risk. Market Sentiment Indicators: The bearish sentiment in the RSI and MACD, combined with the price action and volume profile, suggests that market participants are currently more inclined to sell than buy. This could lead to further declines in the near term. Conclusion: In summary, Bitcoin's price action and additional indicators suggest a bearish trend with potential for further declines. The immediate support level to watch is $60,883.0. If this level breaks, the next targets are $51,740.5 and $42,862.2. The volume profile, RSI, and MACD analysis support these levels as significant areas of interest. Traders should be prepared for volatility and manage their positions accordingly. Stay vigilant, use proper risk management, and adapt to market changes. Happy trading!Shortby jorgebaquerizo96Updated 2
Bitcoin June 2024 What i think vs what it may. Now its pretty much bullish regardless what it does on below Daily TF, and my hope that it will not crush my dreams. HAHAHA! It is what it is. If it turns out the other way around, oh well guess i just need more time to walk. NEXT!by Axivming1
Possible outline for BTC by the end of summerIt seems we are still forming a larger scale of wave 4 (WXY)by QuantApe2
BTC Price Prediction and Elliott Wave AnalysisHello friends, Thank you for joining me in my analysis. Remember to like, subscribe, and stay tuned for more updates. See you soon! Thanks, Brosby MASCryptoAna2
🅱️ Bitcoin Headed To $100,000!!! FOMO! Warning! Must Read!There is no need to panic, cancel any trades nor act fast; there is always time... Did we miss the bullish wave? It is true that Bitcoin is now showing multiple very strong bullish signals and this is no cause for alarm; Bitcoin being bullish is always good for us and the Cryptocurrency market as a whole. We love Bitcoin/Crypto! First, the chart: ➖ Bitcoin closed weekly full green and back above EMA10. This means that the bulls are in full control when it comes to the short-term potential. Where the action is headed next. ➖ Next, Bitcoin is trading above $60,000 which is ultra-bullish and this after months of a strong distribution/consolidation phase... What will happen next? What happens now? 👉 Yes Bitcoin is bullish and set to move to $100,000 and much, much higher in the long-term but, regardless of the short-term noise, we will see a crash in the coming days. Bitcoin is likely to produce a lower high, not move higher and retrace to hit new lows before the major bullish wave. This fact doesn't change even though, Bitcoin is bullish! Thanks a lot for your continued support. Namaste.Shortby AlanSantanaUpdated 8989326
BTC Bitcoin head and shoulder down to supportBTC Bitcoin head and shoulder down to support at 64,500 then back up to golden pocketShortby jayrome977Updated 1
BTC Bitcoin sideways actionBTC Bitcoin sideways action but bullish divergences on the 4hr hints at an upper limit breakout. Bears are waiting at 68k to pounce.Longby jayrome9771
Prepare for a decline.Prepare for a decline. Everyone is seeing an upward trend right away, but we need to prepare for a negative trend.by damngoodmoneyUpdated 4
BTC ... At Key Support Holding $64700it may see another break of 70k if it holds short term support at 64700. can take position with stoploss in place target 70k or new highsLongby TrendingMoves1
The most detailed roadmap for #BitcoinThis post will be updated for a week #Bitcoin is at a critical point SELL scenario: It is actually trying to break the 65357 support on the daily time-frame But this has not happened yet!! To break this support, it needs to close below the price of 64060.00 If this happens, #Bitcoin will continue to fall The first target he can see is 58735.55. ......................... BUY scenario: On the other hand, if today's daily candle is bullish and powerful, there is a possibility of growth from this area. If this happens, the first target is the ceiling of the descending channel And the next target is 74161.73Longby TechRoadUpdated 2
Bitcoin can rise a little and then continue fall inside channelHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price some days ago declined lower than the support level, which coincided with the buyer zone, after which it entered to the pennant, where at once made impulse up, breaking 61200 again. Then the price made correction to the support level and then started to grow to the resistance line of the pennant pattern, after which turned around and fell to the support line. Next, the price bounced up, exiting from this pattern, and also rose higher than the 70200 resistance level, which coincided with the seller zone, but soon turned around and started to decline inside the downward channel. In the channel, BTC broke the resistance level one more time and fell to the support line of the channel, after which rebounded up, and tried to grow, but soon price continued to decline. Now, BITCOIN continues to decline inside the downward channel, so, in my opinion, the price can grow to the resistance line of the downward channel and then it will continue to decline to the support level. For this case, I set my TP at the 61200 support level. Please share this idea with your friends and click Boost 🚀 Shortby LegionQ83
BTC Bitcoin Technical Analysis and Trade Idea🔍 In this BTC Bitcoin analysis, we explore the higher time frame charts which currently indicate a bearish trend for Bitcoin. However, the price action on a 15m timeframe suggests a possible short term reversal. It's important to note that this is speculative and not a guaranteed forecast. It's prudent to watch for certain price movements to verify a genuine reversal. This video provides a close look at the trend, market structure, and price action. Remember, this content is for educational purposes only and trading carries significant risk. Always ensure you implement strong risk management strategies in your trading practices. 📈🔔16:09by tradingwithanthony1
BTCUSDT, Just Idea for its next Move!I dont trade BTCUSDT, but Just release my Idea on this. Fri 21 Jun - 16:27 Good Luck!Shortby kevin134331
Btc1hIn the time of one hour, it can have a rise to the targets of 64,650 and 65,700, then it can touch 61,760.by kingbtc3221
BTCUSD Long 180RExpecting a move to $140k within 4 weeks once the all time highs are broken. High risk opportunity m.Longby freddie19961
BTC Long Using Fair Value Gap and Order Block Learning and Documenting. The entry should have been done at the previous fair value gap but I missed the opportunity and took at the trendline retest. Embrace unwavering faith in thyself, even unto the verge of insanity ~ Hari NazrekarLongby Hari_Nazrekar2
BTCUSD 100 PIPS RUNNING Bitcoin chart analysis I was released yesterday git 100 pips profit running 🏃♀️ 1:2 RR What a great move 👏 by DNA_Trader_Officials1
BTC price will go upHi the tradingview community! the BTCUSDT Analysis, as video analysis is ready to watch. plz go and watch in my youtube channelLongby J_Analysis1
BTC Range Long ScalpSeems like bitcoin will pullback here. TP midpoint of the range. GL HFLongby SerenityEquity1