bitcoin analysis I'm expecting long in this areabitcoin are still consolidate in 66800 to 66500 range, it will go little downside and purge some liquidity and after that there is high chance it will go upside im looking long following area buy around 66300 tp 67400 and sl 66170. Longby honey9bee220
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 IN WEEKLY TIMFRAM.. UPDATE THE LINK HI FRIENDS .. PLZ attention lines on RSI Andicator.. and check this link by cryptomarket_sama110
BTC BEAR THESISshmuzi check it for urself or We flew way too quick, el classico on the new head, bloodbath expected. the more i look ait the mroe i understand it and more confident i am in the red. am talking as someone that has 85% of net worth in alts, need to close now or at the bounce of this. Dont be quick to short if uare going to close if the market hits at 69kShortby erotokritosrotsas110
BTC => ActionHello TradingView Family / Fellow Traders, As per my last analysis, BTC rejected the $70,000 - $72,000 resistance zone and is currently trading lower. What's next? Scenarios: 1️⃣ Bullish - Continuation For the bulls to maintain control, a break above the $72,000 resistance is needed. In this case, a movement towards the $80,000 resistance would be expected. 2️⃣ Bearish - Correction In parallel, if the last low marked in red is broken downward, we expect the bearish correction to start leading to a movement towards $60,000. Which scenario is more likely to happen first? and why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasrby TheSignalyst2217
BTC: More price decline expectedBTC: More price decline expected I posted this analysis also when it was at the top and explained all the possible scenarios. After BTC developed more proved a bearish wave and so far it reached the first target. WE may see any small correction again before the price resumes the bearish movent again. This time he is going down and maybe he can reach 59K. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Previous analysis: Shortby KlejdiCuni228
BITCOIN Range Breakout Zone Long PointIt sounds like you're observing a bullish trend in the BTCUSDT (Bitcoin to USDT) trading pair, with Bitcoin gaining momentum and potentially breaking out from a price of 69,456.00 USDT to target levels around 72,000.00 to 73,000.00 USDT. Here are some key points to consider: Technical Analysis Support and Resistance Levels: Identify major support and resistance levels on the chart to understand where Bitcoin might face obstacles or find support. Moving Averages: Check short-term and long-term moving averages (e.g., 50-day and 200-day moving averages) to gauge the overall trend. Volume Analysis: Look at trading volume to confirm the strength of the breakout. High volume during a breakout is typically a positive signal. RSI (Relative Strength Index): Use RSI to determine if Bitcoin is overbought or oversold, which can help in anticipating potential reversals or continuations of the trend. MACD (Moving Average Convergence Divergence): Analyze MACD for bullish or bearish crossovers which can indicate potential changes in momentum. To My Target is key Resistance zone at 73000.00Longby MrCharlie1Updated 4461
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 arongroups116
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 DickDandy116
BTC - Short Update - Brace YourselvesDXY is showing a major breakdown and a small move to retest the breakdown - per my own analysis. DXY has served me for years with timing bitcoins movements. Per my analysis and prediction, we are about to tank hard and fast. Long stop loss chain reaction to a very low price - don’t rule out 8-10k as a possibility. God speedShortby DickDandy191922
#Bitcoin update! 📊 #BTC Descending Broadening Wedge on the Daily Timeframe Chart is Still in Play! 🚀 Bitcoin bulls need to clear the $71.3k Resistance to confirm the breakout. 📈💪 Once the wedge breakout happens, we can expect some good bounce. In the 4D time frame chart, we are getting extremely close to a massive, volatile move soon! Stay tuned Longby CRYPTOMOJO_TAUpdated 15
wedge pattern btc usdtAccording to the analysis, Bitcoin has started its progress. Please check the profit and loss limit. This is a personal analysis.Longby iamseno116
Need a trading strategy that fits your average purchase priceHello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (1W chart) Due to this decline, the HA-High indicator on the 1W chart is showing signs of being newly created. Accordingly, you can trade depending on whether there is support around 64K-65920.71. Since the MS-Signal (M-Signal on the 1W chart) indicator is passing around 62.3K, you can see that support around 64K-65920.71 is important. - Since it has fallen from the BW indicator (point pointed by the finger) shown on the price candle, the key is whether the price can be maintained above the MS-Signal (M-Signal on the 1W chart) indicator. If not, the BW indicator of the TS-BW indicator will show a downward trend. - Currently, the M-Signal indicator on the 1M chart is passing around 48K, and the HA-High indicator on the 1M chart is formed at the 43823.59 point, so I think the full-scale downtrend will start when it falls below the HA-High indicator on the 1M chart. - The mid- to long-term downtrend is expected to start when it falls below the M-Signal indicator on the 1W chart and is maintained. . (1D chart) Since the M-Signal indicator on the 1D chart and the HA-High indicator on the 1D chart have fallen below, we can see that a short-term downtrend has begun. Therefore, the key is whether it can rise above 67617.25. - Since the HA-High indicator on the 1W chart is about to be newly created at the 65920.71 point, we need to check for support around 62791.03-65920.71. The 62791.03 point is the HA-Low indicator point on the 1D chart, so if it falls below this point, a step-down downtrend is likely to begin. - Therefore, a full-fledged short-term downtrend or a mid- to long-term downtrend is likely to begin when the price falls below 62791.03 and is maintained. - The 58811.32 point is the lower point of the HA-Low indicator box on the 1D chart. Since the upper point of the HA-High indicator box on the previous 1M chart is formed near it, if the price is maintained above 58811.32, it is highly likely that a full-scale upward trend will continue in the long term. . (1M chart) Therefore, you should consider a response strategy according to the average purchase price. Since the final support range is around 42K-43K, if the average purchase price is formed below this range, you can either sell in installments to realize profits or hold as is. - However, if this is not the case and the average purchase price is formed within the 1st, 2nd, and 3rd ranges, you can sell 100% and buy again depending on the case. Therefore, you should first check where your current average purchase price is and supplement your trading strategy accordingly. Because what the market is talking about, such as the beginning of a downtrend or a continuation of an uptrend, may not actually fit your trading, you need to be careful. - Looking at the 1M chart, it is currently showing signs of falling near the first section. Therefore, if it continues to fall, you should check for support near the second section. If it rises near the first section, it is expected to rise to the Fibonacci ratio point of 1.618 (88913.24). - Have a good time. Thank you. -------------------------------------------------- - Big picture It is expected that a full-scale uptrend will begin after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 13401.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 ----------------- by readCryptoUpdated 13
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 1110
BTC/USDT BUY IDEAIf we close a candle below the price of 64,500 in the four-hour or daily time frame, the next target is the specified support area. Longby Ali-Rezaei-FX224
Bitcoin Potentially Forming An Inverse Head & Shoulders: Dump?After yesterday's sell-off I started to wonder what would happen if BTC would fall again and how the price action would look like. If BTC were to go down again I'd look for a retest of the 61k-60k area (purple dotted line). This area has proven to offer strong support, and can be a stepping stone for an inverse head & shoulders pattern. Keep in mind that BTC going down to 60k is (in my eyes) less likely than making a new all-time high soon. The pattern has yet to be confirmed. However, if we go down you are prepared.Shortby FieryTradingUpdated 111148
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
Bitcoin - End of Corrective Wave?Unless BTC has enough steam to surpass the RSI of 2021, if not this bull run from 15k is still suspect. Possible multi-year complex correction ahead. This is just based on wave analysis TA. I do not consider other BTC data like halving, network effects, cycles, etc in this analysis because I believe that price goes where it wants to go and those are just data to propel it. by QuercusTradingUpdated 223
BTC/USDT 4H Chart: Analyzing Key Market Movements and VolumeBINANCE:BTCUSDT The chart you've provided shows the Bitcoin to USDT (BTC/USDT) trading pair on the 4-hour timeframe with various technical indicators and levels marked. Here’s an analysis based on the visible elements: ### Key Elements on the Chart: 1. **Heikin Ashi Candles:** The chart uses Heikin Ashi candles which smooth out price action to help identify trends more easily. 2. **Price Levels and Volume Profile:** - **Volume Profile:** The horizontal histogram on the right side shows the volume traded at different price levels. - **POC (Point of Control):** The price level with the highest traded volume is highlighted. 3. **Support and Resistance Zones:** - **Demand Zones:** Areas where there is a high buying interest, likely to act as support (e.g., around 59,900 and 62,900). - **Supply Zones:** Areas with high selling interest, likely to act as resistance (e.g., around 69,900 and 72,000). 4. **Key Price Levels:** - **Current Price:** 64,736.41 USDT - **Important Resistance Levels:** 67,749.87 USDT and 69,989.27 USDT - **Important Support Levels:** 62,576.06 USDT and below 5. **CHoCH (Change of Character):** This suggests potential reversals or significant changes in trend direction. Notable CHoCH levels are marked on the chart. 6. **Points of Interest (POI):** Specific levels where significant trading activity is expected, both above and below the current price. ### Interpretation: - **Current Trend:** The chart shows a recent downward movement, but it also highlights significant support and resistance levels that could influence future price action. - **Support and Resistance:** Given the high volume areas around 67,749.87 USDT (resistance) and 62,576.06 USDT (support), these levels will be crucial in determining the next significant move. - **Potential Reversal Points:** The CHoCH indicators suggest that there have been recent changes in the market sentiment, which could lead to a reversal if the price reaches certain levels with significant volume support. ### Strategy Considerations: - **Long Positions:** Consider looking for buying opportunities near the demand zones or after a breakout above resistance levels with strong volume. - **Short Positions:** Consider selling near the supply zones or after a breakdown below support levels, especially if accompanied by high trading volumes. - **Volume Analysis:** Keep an eye on the volume profile for confirmation of breakouts or breakdowns. By combining these technical insights, traders can better anticipate potential market movements and make more informed trading decisions.Longby Motivation_Voice114
BTC new long!📉 BUY: BTCUSDT 📌 Entry Point: 65700-66400 ⛔️ Stop-Loss: 62500 (5.4%) 🎯 Take-Profit #1: 68700 (4.0%) 🎯 Take-Profit #2: 71500 (8.2%) 🎯 Take-Profit #3: 78700 (19.1%)Longby GoldenTrades_224
BTC - BlueprintFractal from 2020 - Corona Crash. Enjoy! Cheers! This Setup would test all important levels and would validate a target of 360k in 2025.by bsshft113
CONGRATULATIONS! IF YOU TOOK THAT TRADE. NEXT TRADE IDEAS In today's video we see that bitcoin is still playing inside this internal range, we have had signs of a bear move down, but not a decisive one. We also have signs of a potential PO3 in play. Watch video for detailed breakdown and follow for more 21:45by Trade-Journal222