It seems that the liquidity dropped below 40K, and I don't see any selling pressure yet. There even appears to be a sense of panic selling. Based on the liquidity gathering at this level, I'm inclined to speculate that liquidity will be taken for a short position above 49K.
I believe Bitcoin ETF net inflows will increase year over year, similar to the gold ETF. This selling of GBTC is temporary and must subside at some point. If we can guess the correct range that can absorb the selling, that is likely a good entry.
Currently there is strong spot demand below 38k, to the tune of hundreds of millions. ETF purchasers are also...
In order to alert you, signals of a correction before the next halving are on the table.
In first place, a huge divergence on the price in concordance with the rsi. Similar one to the 2021 dump of price, nevertheless i think this won't be as fatal as that one.
I expect a healthy retracement to 35-32k according to the fibonacci indicator, further could be...
By using technical analysis alone on monthly time frame, this lower high and lower low would need to be invalidated for btc not to spiral down this parallel channel into nothingness. Double bottom support with a wick to 12k for launch of btc into new ath?
The weekly gap is acting like a magnet now, after the higher timeframe liquidity has been swept. Now at least we should look for an internal sell side liquidity to be taken.
The idea becomes invalid if we close above the invalidation line on the daily.
Now we should wait for the sting up into the daily gap. Than a decline.
Ok byyy be safe!
Hello, Skyrexians!
Couple of days ago we told about last dump before the bounce. Now the picture on BTC is really good despite the global fear on the crypto market. Price collected liquidity of long traders, price completed the reactive wave and price formed the bullish reversal bar with the great angle with alligator. Moreover we have divergence with AO. What...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #BTC.
Which scenario do you think is more likely to happen? and Why?
📚Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Hey guys. This is very high risk setup. I think price needs to go up alittle biit. and i think at first price should touch our entry price. The chances of failing this setup is very high
I am scalp long on Bitcoin. On lower tf i see some bullish divergences, and level looks good to try to bounce. I am still holding my shorts from 46k, and i will fully close at 35k. Most of the longs around $40.200 got liquidated, and now i think the squeeze it's finished. Target above $41.500
As you see in my previous idea the liquidity grab above 48,2k played out as shown on that chart. For a late short entry I am looking at shorting between 43,9k and 48,2k as I am seeing one more run up to these levels before a major crash, first Take Profit level will be below 24,7k
Not trading advice
Happy Trading
🔔BTC has been very volatile during this period, and the corresponding risk coefficient is also very high. Altcoin has also been greatly affected. Most of the technical forms have failed after the violent fluctuations in BTC. Therefore, we stopped futures trading and waited for the market to return to stability. We mainly focused on spot trading, also to prevent a...
📈 Technical analysis BTC/USDT
After the approval of the Bitcoin spot ETF, the price of BTC broke out of the parallel price channel and updated its local maximum to the level of 49,000, where its growth was halted by a significant resistance block. The lack of active Bitcoin growth surprised many market participants, but this can be explained by the fact that...
Hello friends, welcome to this BITCOIN update from Crypto Sanders.
Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 2-day update.
The first head and shoulders that we see has been completed and is pending retest, we can assume that the first head and shoulders can retest 100 MA, and BTC can reach $49000
In the...
as in previous post price is taped at that range
now on the base of daily analysis the BTC price is expected to drop more
due to etf big buyers making a new buying range of low price
