BTC TradeHello Everyone Have a nice day. . . BTC is still in range and bounce back from Low Range. Also trendline has been broken.DXY is also bearish and FED interest was also remain same to previous one. Targets and stoploss are mentioned in chart. If you like this do like it and follow. Thank youLongby hamzashabbir990Updated 222
Bitcoin's LAST Hurdle: Short-Squeezing To New Highs!Bitcoin has shown that it's ready for a new all-time high by printing relatively big green candles over the last 3 days. However, the 73k-74k area remains an area of big resistance. Previous buyers are looking for an exit, whilst patient bears wait for the perfect short. My best guess is that Bitcoin is going to trade around the purple area for a couple of days, flushing out over-leveraged bulls and bears. However, the break out that will follow will likely be violent. With all the short-stops lying above the current all-time high, it's more than likely that the new all-time high break out will take us multiple percentages above the current ATH. I'm personally aiming at 80k within the first 1-2 days, potentially even 90k in the first week after the break out. Be patient and dont trade small fake-outs.Longby FieryTradingUpdated 17
BTC for holders, i think you should careful now more than ever I might get trolled but we've BTC tank more than once it might tank to mid 40 thousands, from there would be clear buys to the least level atleast 83000 price level the institutions won't gve profits that easily without a fightby njauKENYA4
BTCUSDT.1DThe daily chart for Bitcoin (BTC) against USDT showcases key technical aspects that provide insights into potential future movements: Resistance Levels: R1 ($65,799.19): This level has previously acted as a strong resistance where price failed to break higher, suggesting significant selling pressure at this point. R2 ($75,719.00) and R3 ($79,914.46): These levels represent further psychological barriers and possible profit-taking points if the price were to rally. Support Levels: S1 ($59,244.67): This is the nearest support level, currently underpinning the price. A breakdown below this could lead to further declines. S2 (not explicitly marked with a price but indicated on the chart), and S3 and S4: Lower supports which, if breached, could signify a bearish market sentiment. Current Market Position: The price of BTC is currently at approximately $68,972.39, hovering just below R1 and above S1. This positioning indicates a consolidation phase within these boundaries. Technical Indicators: MACD (Moving Average Convergence Divergence): The MACD line is below the signal line but close, indicating a potential for a bullish crossover which could signal upward momentum if it occurs. RSI (Relative Strength Index): The RSI is at 56, suggesting that there is room for price growth before reaching the overbought territory (typically above 70). Trend Analysis: The presence of an upward trendline from previous lows provides a visual representation of the current uptrend. This trendline acts as a dynamic support that can guide the price higher. The current price is testing this trendline, and a sustained break could determine the short to medium-term market direction. Trading Strategy: Bullish Scenario: If BTC breaks and holds above R1, it would indicate potential for a move towards R2 and R3. Traders might look to enter long positions on a breakout above R1 with stop-losses placed just below this level. Bearish Scenario: A drop below S1 could trigger a move towards lower support levels. Short positions could be considered if there is significant volume supporting the downward move, with stop losses just above S1. Conclusion: Monitoring the reaction of BTC at these critical levels (R1 and S1) and the behavior around the trendline will be key. A decisive move either above R1 or below S1, supported by strong trading volume, would help confirm the market's direction. As always, it is crucial for traders to consider external factors such as market news and global economic conditions that could impact cryptocurrency markets.Longby MarsSignals1
The Local levels I have my eyes onThis is a Rebound off supply/range high setup Lets see what bitcoin does at this level, I am already in a short scalp with TP at entry, if we get a good follow through, this could be a juicy one. Follow for more.Shortby Trade-Journal4
How Good Can It Get? $500,000 Or More?This is the question that I would like to ask you... Good evening my fellow Cryptocurrency trader; I am hoping you are having a wonderful day! How good can things really get? This is the question that I am now putting out there and asking ourselves. You see, Bitcoin is the new sensation —better than hot bread. We are getting closer to the end of the correction, it will get ugly but, after the correction, how good can it get? Opening ourselves up to the bigger picture, to what is possible beyond human thought, can help us to get ready; Ready for profits, ready for growth. I know it sounds like a contradiction because the market is down, not going up. But only after two short and easy weeks, we are set to experience massive growth. So, ask yourself this question: How good can it get? I am not limiting myself... What about you? Can we materialize a Bitcoin at $500,000 or more as the next market top? It can really happen... If Bitcoin can hit $74,000 while being attacked from every front, imagine how good it can get if we have government support. If we have friendly and supportive Cryptocurrency regulations, there is no limit as to how high we can go... The world is not all doom and gloom; We defeated the Covid people... We can definitely defeat the ones who would like to stop our modern day gold rush... The future is now... What will you choose? Freedom from tyranny or success and growth? Think positive and in exchange, we shall receive positive results... The future belongs to us! We want innovation, freedom, peace and technology... In this I know we can all agree unless you are more than 100 years old. If you are young, choose Crypto: ➖ We want the new! ➖ We want fresh! ➖ We are done with the old! ➖ We want prosperity! ➖ We want to enjoy life! ➖ We want to experience success! ➖ We want to receive and share love! Namaste.by AlanSantanaUpdated 141440
BTC - Short-term View!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 BTC has been overall bullish, trading within the rising channel in blue. Currently, BTC is undergoing a correction phase and it is currently approaching the lower bound of the channel. Moreover, it is retesting a structure and trendline in red. 🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the red structure and lower blue trendline acting as a non-horizontal support. 📚 As per my trading style: As long as the red support zone holds, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richby TheSignalystUpdated 4421
Fast Short on BTCUSDTWe are currently in a wide sideways channel. We gradually move down from its upper border. After a short five-day up - down movements, I think we will continue to move towards the lower part. Let's see.Shortby HPotterUpdated 15
BITCOIN UPDATECRYPTOCAP:BTC in my eyes remains bullish. Still forms HL on the daily timeframe. Inside this massive ascending triangle pattern it formed another ascending triangle on a 4H timeframe. Let's wait for Monday. Full send after a clean breakout into new all-time highs.by luv_aji1
Lets go NEW ATH BTC soon !!!Super bullish on BTC! Expecting price to push to all time high from daily braker block. Longby publictrader104Updated 1
Bullish Continuation on BitcoinA Bullish Bat Pattern, discovered on the 4 Hour....first confluence Confirmation Low put in....second confluence Green Bullish Engulfing, suggesting aggressive buying from the bulls....third confluenceLongby mknight26902
BTC/USDT 4HInterval Chart Hello everyone, I invite you to a quick review of the BTC chart. As we can see on the chart, we are locally moving against very strong resistance. After unfolding the fib retracement mesh, we can see support at the level of $69,701, the second support is at the level of $68,415, and then we have a very strong support at the level of $66,305. Looking the other way, you can similarly identify resistance points. And here we will start by identifying a very strong resistance zone in which the price is currently moving from $70,781 to $72,001, only when we manage to break out, we will be able to see a move towards $75,450.by cryptodailyuk3
BTC update!we have 2 options and both are bullish! Send it By the way, there's no rising wedge on 1D and stop drawing it!Longby GoldenTrades_3
Bitcoin is Ready to Fall===>>Symmetrical TriangleBitcoin has managed to break the lower line of the ascending channel and is moving in a symmetrical triangle . We can also see the Sell signal between 50_SMA(Daily) and 100_SMA(Daily) in the chart (it is a bearish sign ). I expect Bitcoin to break the lower line of the symmetrical triangle and fall to the targets I have specified in the chart. Important Support Zone($69,500_$68,820) : Monthly Pivot Point//Fib Cluster//100_SMA(Daily)//50_SMA(Daily) . Note: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze (BTCUSDT), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.Shortby pejman_zwinUpdated 323287
Potential setups Idea 1: rotation from internal range high Idea 2: Deep retracement in to old range Idea 3: rotation from range high Follow for more by Trade-Journal2
BTC short term price actionCRYPTOCAP:BTC short term price action update •sell side liquidity is (619156) as a swing low point and short term support •sell side draw on liquidity is (5819562) as a LVN on previous quarterly volume profile that attract the price •expect will hit 61956 then give small bounce then dump hard in on candle to (58195.62) and there we will make a new update . by HB_Trading1Updated 6621
BTC - BORING TIME BUT BE PATIENT (MAY 2024)BTC - BORING TIME BUT BE PATIENT (MAY 2024) I know the market has been boring and choppy but be patient. The long-term is still bullish I believe. Longby Ehsan_1307Updated 7
Bitcoin has attacked the short-term downward trendlineBitcoin has attacked the short-term downward trendline resistance. This movement could indicate an attempt to break this resistance and a potential trend change.by MonoCoinSignal5
$BTC looks bearish#btc #bitcoin price didn't cross the major resistance area at 72K and then heavily dumped. Thus, a bearish double top has been formed. Short term bounces may be necessary but the continuation is bearish. In lower time frame, #btcusd is moving in the ascending channel. By the way #gold and #silver heavily dumped, too. It seems rumors have been sold and the news will arrive. Not financial advice.Shortby naphyse2
BTCUSDT:For almost 70 to 90 days, we are moving in a trendless space In fact, we are suffering from low volume space and it is getting less, so Bolrani is not for now Digital currency is affected by world news For forex, for example, it may suffer at the beginning of the week and then even fall based on the dollar index candle The candlestick dollar index fell and bitcoin also fell. For a long time, bitcoin was not affected by the index, but now it is affected because its volume is small and the box is suffering. Maybe we want to go to 50,000 bitcoins But reject Bitcoin, we have been working with it for two months That means we don't have that strong momentum But there is a trend We didn't go above 72400 to see attractive moves from it The US dollar index had support for a long time, the method was stuck For example, gold really has no meaning in a long position next week On Sunday afternoon, we will probably see a very sharp downward movement from Bitcoin But today, my range market does not sit at the foot of the chart I look at Bitcoin more, I don't have an entry trigger for each other, let's stay without a position, nothing will happen, because I don't like to have a stop-alki. Bitcoin should either close above 72400 or get rejected in the week, which is currently in the middle.by Armitaryan1
Bearish Divergencethis looks like a bearish divergence to me and a potential double top on the 4h chart. if you don't like it, it's your problem, but don't say i didn't warn ya.by SforShiraz2