BTC IN WEEKLY TIMFRAM.. UPDATE THE LINK HI FRIENDS .. PLZ attention lines on RSI Andicator.. and check this link by cryptomarket_sama110
BTC: If the midrange holds, 84k nextSimple setup, no need to overcomplicate things. We will trade like its bull market until we get evidence it's not one anymore. Targets presented in the chart, 84k being the ultimate target for the upcoming impulse. Lets see. Longby Schitzodart111
BTC → breakout the trianglehello guys... as you can see, the price broke the triangle so we can consider btc will reach to FWB:73K area at least! on the other hand, it is sticking between the last trendline and breaking the bottom line of the ascending channel. I think it will be on a compression for a while and then it will start an upward movement! the last analysis: ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and commentLongby melikatrader943347
BTC/USDT 4HOUR CHART UPDATE !!#BTC/USDT Analysis Just like BTC has bounced recently, a bounce could happen today as BTC has returned to the same level. We can expect BTC to jump from here. However, the chart will be invalidated if BTC breaks the lower trendline and closes below it. Stay tuned for further updates and analysis. Thanks! What do you think after looking at the charts? Comment below.Longby CryptoSanders95631117
Navigating Crypto Bull Run 2024-2025Hello, Skyrexians! While Bitcoin is locked inside the price range between 60k and 70k, altcoins look dead. While we saw fantastic rally for Bitcoin, Ethereum, Binance coin and other largest altcoins, most of crypto assets are still testing the bottom. This price actions can disappoint even best crypto traders. People usually trading cryptocurrency for profit, but now even if you bought altcoins at the bottom you have a very small profit. In March 2024 most of crypto trading strategies predicted the further pump, but instead of this we can see -60% drop for most of crypto coins. Even most of trading bot strategies faced with huge losses during last 3 month. During the bullish phase the best decision is to use grid trading bot, but this time price went out from the grid bot trading range, therefore even automated trading bots faced with losses. In our opinion such shakeout was needed because of excessive optimism on the crypto market. People needs to be disappointed and sell their crypto before the true bull run. Now it’s happening, we will show you our thoughts about crypto market and will try to analyze what is coming next. Bitcoin analysis As it usually happens Bitcoin started moving up first. It’s bull run started at the beginning of 2023. We will analyze 1W time frame. Awesome Oscillator and Alligator showing us that Bitcoin is still in global wave 3 because of it’s maximum value. Moreover AO still has not crossed zero line. It means that there are a lot of time before bull market will be finished. We predict the wave 3 finish in the upcoming 1-2 months with the price target approximately at $80k. Let’s use this target to predict the further scenario. We have the super confident target for the wave 4. It’s inside the range between 0.38 and 0.5 Fibonacci retracement for the wave 3. It’s inside the range $54-61k. Moreover, lower degree wave 4 has been finished there. When price will reach this zone, for bullish reversal bar and AO crosses zero line, it can be the strong sign that global wave 4 is finished. Assuming that wave 4 will be finished in this zone we can predict the target for the wave 5. We have to take the distance from wave 1 bottom the wave 3 top and measure it from wave 4 bottom. This is the maximum target for the wave 5 and the entire bull run, at $115k. The minimal target is 0.61 from this distance, approximately at $92k. Anyway, this wave shall be printed in conjunction with the AO bearish divergence to kill this bull trend. Taking into account that wave 4 can be very long in terms of time this bull run will be finished in the middle of 2025. Bitcoin Dominance Bitcoin is moving clear, but what with altcoins? The key chart for altcoins is the BTC Dominance chart. Every time we see huge drop on it, massive alt seasons happen. You can say that this is not a real asset and it’s impossible to predict it’s value, but all these movements is the trader’s psychology. Therefore we can use classical TA tools here. BTC Dominance now is inside the target area 0.5-0.61 Fibonacci. There is a high chance that massive dump will start from here. This time it can break 40% and finally reach 24%. We believe that this time this decrease can be on the real Bitcoin’s dump. Large players have a huge gains on Bitcoin and they need to distribute liquidity to take profit, that’s why alt seasons usually happens. We predict the altseason start in the upcoming 2 months. Cardano (ADA) analysis Let’s move on to altcoins analysis and start with the old assets ADA. It has enough history to make a price prediction. Previous bear market bottom was at $0.02, this time it has reached $0.2. You can say it’s 10x from the bottom, how it will go up? We can conclude that ADA is the uptrend crypto asset because it’s making higher lows from cycle to cycle. Therefore the previous bull run could be just the wave 1. Global wave 2 finished with the bullish divergence with AO on the weekly time frame and after that we have seen this local rally. This rally is just the wave 1 of the new bull run and current dump is just a correction to it. For sure we need more disappointment, that’s why we expect more sideways in the current range. When everybody will be disappointed the huge wave 3 starts. It has two targets: $3.3 and $5.2 if this bull run will be extended. Cosmos (ATOM) analysis The main question of the day is why such fundamentally strong asset like ATOM is still at the bottom, while meme coins made 10x. For sure it was a huge mistake, but as we can see now people hate such assets like ATOM. They want to buy Solana or PEPE instead and it’s good sign for ATOM holders. We make our predictions based only on charts and this chart is also telling us about bull run is coming. ATOM is also making higher lows from cycle to cycle. The main difference with ADA is that Cosmos has printed shortened wave 5. First bullish wave finished in March and now price is finishing wave 2. Wave 3 will start suddenly when nobody believe it that. We suppose in September will be huge gains on fundamental projects. Minimal target is $49, maximum one is $77 according to 1 and 1.61 Fibonacci extensions. Polkadot (DOT) analysis The last crypto asset for today is DOT. It has almost the same pattern like previous two assets. Wave 5 of bear market was not shortened here that’s why we have seen rally more than for ATOM. Previous bear market bottom has been reached much lower that in the current cycle. In our opinion the first wave of the new bull run has been already printed ad current disappointing wave 2 is trying to persuade people to sell their assets. After 1-2 month of consolidation and may be making lower lows locally we will see the huge push the the upside. The minimal target is $56, maximum equals $89. Conclusion Most of altcoins are in the huge accumulation which lasts for almost two years. In the previous bear market was almost the same time before significant gains. For sure this time can be different and may be it’s time to die for altcoins, but Elliott Waves analysis reflects perfectly the crowd’s mood. If now we can see still a lot of optimism, if price will continue sideways they disappoint. Overall, we can see now two groups of traders. The first one is still bullish, the second one is waiting for new lows below the current consolidation to enter the market. We suppose that both major groups shall be fooled, market maker will not allow assets to dump that much, but at the same time he will not pump it before most of bulls sell their assets. Best regards, Skyrex TeamLongby Skyrex2216
🅱️ Ethereum Will Hit Bottom Before BitcoinI would like to call your attention to Bitcoin's monthly chart, as well as Ethereum's ... Bitcoin is worse off right now. Ethereum is doing worse but this means that the correction is more advanced on this pair; below you can find Ethereum's monthly chart and analysis: ➖ While Ethereum is 33% down, Bitcoin is only 17% down. ➖ While for Bitcoin April closed within March's wick low, for Ethereum the close was much lower compared to its previous month producing a penetration of support. April's monthly close for Ethereum fully confirms the next bearish move (down). ➖ Ethereum and Bitcoin move together. ➖ Ethereum, Bitcoin and the entire global financial markets are connected and what happens in one place affects everything. Conclusion 👉 Ethereum is likely to hit bottom before Bitcoin. This is important for those who are going to try and catch the bottom in anticipation of the next Cryptocurrency market bull-run. Namaste.by AlanSantanaUpdated 3347
What's coming for $BTC.yeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee yeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee yeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeby nicoo_arcu11776
BTCUSDT Today: Holding Steady Above the Key $70,000 LevelToday, BTCUSDT continues to hover around the psychological level of $70,000. Although the price hasn’t yet broken through the resistance zone near this mark, the bullish momentum remains intact. It seems that BTCUSDT might be consolidating to gather strength for a stronger move upward, with support well-placed at $69,000. What do you think? Do you believe BTCUSDT has the potential to climb higher?by Raz_TradingUpdated 1919168
Long on BTCUSDTVery interesting moment with good try to buy with low risk parameter. We a in the global flat channel and forming the up trend channel. Now we are on the down level of this channel and next few days we should: a) go up and brake global flat channel or b) brake up channel and go to the down. I then the "a" should be. Let`s see.Longby HPotterUpdated 1111
BTCUSDT - BULLISH PENNANT, CORRECTION. BREAKOUTToday I'm presenting for your consideration a weekly chart of BITCOIN that over the span of 5 MONTHS has been forming a Bullish Pennant Pattern. The Pattern however is not yet fully formed and though the price has attempted to retest on several occasions now at it's All Time High, the Price has fallen back each time as it appears to consolidate. What we need to see yet is a strong pullback down to approximately $65,049, likely to happen by the first week of July that will give us a bottom and subsequent rise up to $70,392 at which point the Pennant pattern will be complete and I will expect a breakout in the last week of July. The next move after that would be to $73,777. to equal the previous High. The Flag Pole of the Pennant is $31519 so from the Breakout level of $70,392 that will give us a potential run into new territory that could last several month up to $101,911. Also one of my primary indicators that I like to use for Price Reversals is the Money Flow Index. As you can see with the MFI it has formed a Very Strong Negative Divergence in the opposite direction of the rise and subsequent neutral trend of the current price making me Strongly believe the Price will retrace as much as 5.8% from $69k. In total the Pennant will take another 7 weeks to complete before the breakout. Now because I don't trade in BTC I will take positions first of all in BITI and then switch over to BITO for the Bullish Reversal and Breakout. The expected gain over the span of the next 5-6 months is a minimum of 40% - 50% playing this strategy.by grahammkUpdated 117
Bitcoin nearly 1B of Open interest are still trappedBitcoin nearly 1B of Open interest are still trapped price did 5% drop into VAL at 66k but failed to do a cascade liquidations because too many short sellers were in at this moment i wait for clear pattern to take a trade 02:31by Yuriy_Bishko21
JUNE ALTCOIN REQUESTDear all, We're pleased to inform you that we are now accepting coin analysis requests for the month of JUNE 2024. Submission Deadline: JUNE 5th, 2024 To ensure efficiency and accuracy in our analysis, we kindly ask each member to submit only TWO (2) requests. Please adhere to the specified format when providing the coin ticker symbol or name, such as ETHBTC, ETHUSDT, or ETHUSD. This will greatly streamline our analysis process. Let's work together to navigate the market and uncover potential opportunities. Our aim is to provide insights for a maximum of 40 Altcoins based on the requests we receive. You can navigate through our previous alts request here: #JANUARY REQUESTS: #FEBRUARY REQUESTS: #MARCH REQUESTS: #APRIL REQUESTS: #MAY REQUEST: We deeply appreciate your ongoing support, which is incredibly valuable to us. Kindly take the time to review all our analyses, share your comments, and remember to click the like button as you go through them. Thank you to everyone for your continued support. You can trust us, we will give you our best as always.by wesladUpdated 13313372
BTC/USDT 1DAY UPDATE !!#BTC/USDT Analysis Bitcoin is still trading within an ascending triangle pattern, having recently been rejected at the horizontal resistance area. The 100MA is currently providing support here. Bitcoin is within an ascending triangle pattern, a bullish formation that signals potential continuation if resistance is broken. Bitcoin was recently rejected at the horizontal resistance area within this pattern. The 100MA (100-day moving average) is providing strong support at current levels. A breakout above the resistance area with high volume would likely suggest an uptrend continuation. A breakdown below the ascending support trendline with high selling volume would likely signal a bearish reversal. If Bitcoin breaks above the resistance area with strong volume confirmation, consider entering a long position. If Bitcoin breaks below the ascending support trendline with high selling volume, consider entering a short position. Place a stop-loss order below the 100MA or recent support level for risk management. Brief Update: Bitcoin is trading within an ascending triangle pattern, supported by the 100MA and facing resistance in the horizontal zone. The next decisive move will depend on breaking above the resistance or below the support trendline, with volume providing key confirmation. Stay tuned for further updates and analysis. Thanks! What do you think after looking at the charts? Comment below.Longby CryptoSanders9563226
Bitcoin (BTC) Analysis: Navigating Key Levels Amid Market News🔍Bitcoin (BTC) is responding to significant market events. Here's a detailed analysis to guide your trading decisions. 📆Coin of the Day: Bitcoin (BTC) About the Project: Bitcoin is the first and most widely recognized cryptocurrency, often referred to as digital gold. It operates on a decentralized network without a central authority, using blockchain technology to facilitate secure and transparent transactions. 🧩Technical Analysis 4-Hour Timeframe This analysis focuses on shorter-term trends, identifying critical levels and potential scenarios. 📉Support and Resistance: Key Supports: 66,208.06 64,616.89 62,450.00 Key Resistances: 70,108.93 73,305.41 (Major Supply Zone) 📈Bullish Scenario: Supply Zone Test: BTC is currently within a significant supply zone (70,108.93 to 73,305.41). A break above this zone could indicate strong bullish momentum. Targets: Key resistance levels to watch are 70,108.93 and 73,305.41. Breaking above 73,305.41 could signal a continuation of the uptrend. 📉Bearish Scenario: Break Below Key Support: If BTC fails to hold above 66,208.06, it could signal a bearish reversal. Targets: The next support levels are at 64,616.89 and 62,450.00. 📊Volume and RSI: Volume Analysis: Recent volume spikes suggest increasing interest, which is critical for sustaining upward momentum. RSI Analysis: Current RSI: 41.09, indicating neutral momentum. Key RSI levels to watch are 55.29 for resistance and 41.09 for support. 💡Key Triggers: For Long Positions: Entry Trigger: Break and hold above 70,108.93. Strategy: Open a position on the hold of this level, targeting 73,305.41. Use tight stop-loss orders to manage risk. For Short Positions: Entry Trigger: Break and retest below 66,208.06. Strategy: Open a position if the price confirms a break below this level, targeting 64,616.89 and 62,450.00. Adjust stop-loss orders accordingly. 📉Market News Impact Upcoming News: The U.S. interest rate and inflation data are expected today. These macroeconomic factors can have a significant impact on Bitcoin's price. Interest Rate Decision: A higher interest rate might lead to a stronger USD and potential bearish pressure on BTC. Inflation Data: Higher inflation rates could increase demand for Bitcoin as a hedge, potentially driving the price up. 👨💻Trading Positions Long Position Entry Trigger: Hold above 70,108.93 with confirmation from RSI and volume. Strategy: Open a position on the hold of this level, targeting 73,305.41. Use tight stop-loss orders to manage risk. Short Position Entry Trigger: Break and retest below 66,208.06. Strategy: Open a position if the price confirms a break below this level, targeting 64,616.89 and 62,450.00. Adjust stop-loss orders accordingly. 📝Bitcoin is currently navigating key levels amidst significant macroeconomic news. Traders should closely monitor these levels and the impact of the U.S. interest rate and inflation data. Volume and RSI trends will provide additional insights into momentum shifts. 🧠💼Always remember the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Stick to strict capital management principles and use stop-loss orders, ensuring an initial target with a risk-to-reward ratio of 2. 🫶If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.by itsparham96224
BITCOIN MARKET OUTLOOK TO SEE IN RESISTANCE LEVEL Discus about traders BITCOIN market is sideway between support level and resistance, Target point 69,000.00 Support Level 66,000.00 so traders i beleive on market BITCOIN Market has upward expect price breakout after its going buy zone its target 69,000.00 even a market reached our target 69,000.00 top of market, traders if you like this idea so what are you thinking about it so must share your opnion here write in the comments your opnion thanks , my Goal is 69,000.00 Traders focus on target dont worry, could you like this chart so fallow me for more analysis and sights thanks traders focus on analysis chart.Longby MrCharlie122
Whales are buying bitcoinsExamining the trend in the four-hour time frame, Bitcoin has formed a BULLISH BUTTERFLY harmonic pattern and it seems that it can reach the Fibo resistance of 61.8 provided it maintains the important support interval in the range of 65221-65546 and crosses the 66710 resistance. percentage in the number of 69353 dollars to increase the price.Longby arongroups115
BTC - Short - Update - Watch this level closely as resistance For those who have been following my Bitcoin prediction; I am expecting a major drop from around this current price point. Shortby DickDandy114
Lingrid | BITCOIN fake BREAKOUT of the SUPPORT levelBINANCE:BTCUSDT market surprised by making a sudden plunge downwards, taking liquidity below the crucial 67,000 support level. On the daily chart, the price formed a candle with a significant wick, indicating a clear rejection of this support level. I believe that the market will likely continue to move sideways, as it has been stuck in a consolidation zone since mid-May. However, I expect the market to form a double bottom or an engulfing candle pattern that will indicate the dominance of a new trend. My goal is resistance zone at 69500 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Longby Lingrid1120
LONG TERM SELLif you have any different analysis you can share it but for now since previous high isn't broken,i'm still on my sell and i'll be shorting btc on a long termShortby KojoTraders114
A Pool back and then btc at 78k Firstly, I'm still bullish. However, Right now we have btc at 70k. according to analysis price need a pool back and then we can consider a buy order until 76k to78k. Longby hamed-bUpdated 224
BTC Long confirmation!Bitcoin finally touch are of interest on 4H TF! Solid reaction on this level! RR 5:1! good luckLongby Plahaeth114
Lets go baby72k is very strong resistance for last 3 month BTC could not break 72k if we break it with strong move we going to moon and nothing cant stop BTC as long as BTC is above 60k this idea can happenLongby BTCisgod113
Is the bull market over ? | Price action analysis 📉 We've seen a 5%+ drop in Bitcoin's price, and some are panicking, wondering if this is the start of a downward rally. In today's video, we put the price action in perspective and plan our next trades. 📊💡21:56by Trade-Journal113