BITCOIN to BREAK OUT TO 84k !!!! SPX - BTC Comparison StudyI noticed a similarity in market structure between BTC and SPX. As you can see the fractals are very similar! lets see how it plays out.Longby LoFiTradingUpdated 151544
BTC - Confusing TradeRSI trendline seems bullish, however, Price action trendline seems bearish- we will not take this trade until clear indicationby talhaamjad57111
Bitcoin Head and Shoulders dip to $60,500OKX:BTCUSDT has created a classic Head & Shoulders pattern on the daily timeframe. If it confirms below the neckline, we could see a pullback to $60,500 - the same distance from the peak of the Head to the neckline from the breakdown. This is not actionable until it confirms, when a candle closes lower than the first candle closing below the breakdown. Given the institutional interest and price manipulation, this could be turned around by market makers, so I won't be entering a short, or exiting my spot positions, until I see confirmation on the daily timeframe. However, I could also see those who manipulate the markets wanting a lower entry for large amounts of institutional capital - so the price could likely be manipulated either way. What the chart tells us is this is a big bearish signal to be monitored. There is also a Bearish Divergence on the RSI, which isn't actionable by itself, but does add a layer of confluence.Shortby tokentradertv111
BITCOIN - A detailed Important scenario of what will happen!Anyone who puts 2025 as the end of the cycle is wrong, in my view In this analysis, I will list for you all the next steps, starting from now. - Altcoins and Bitcoin will rise to 85k, and it will happen from here until the end of June - the beginning of July.... This will coincide with TOTAL3 reaching 900B - 1T. -There will be a strong correction for the entire market, and Bitcoin will return to 72k and TOTAL3 will return to 700B - 730B. - In the period between August and October, Bitcoin will rise alone, and alternative currencies will begin to rise slightly - Trump wins the US elections, and remember what he said two days ago regarding cryptocurrencies, and this would bring great positivity to the market. At the end of 2024 or the beginning of 2025, Bitcoin will reach 125k - 150k, and that will be the peak of that cycle, and your greed will then reach the sky, but don't take your profits... When that happens, you will find those calling for 200k for Bitcoin, or posts tells 1M for BTC ! Then the following will happen: - Distribution of bitcoins to ALTS for two or three weeks with great ALTseason...Greed will reach its peak, and I will be attacked and anyone who tells " this is the peak, and you must take your profits and make them 100% cash". - Then there will be a complete collapse of the market and the American markets, and a decline that will continue for years, and this collapse will be less severe for Bitcoin, reaching areas between 50k - 45k, and most other currencies will disappear completely (90-99% decline). best regard Ceciliones🎯Editors' picksLongby cecilionesUpdated 155155 1.3K
BTC 4HR BLOOD DIAMONDBlood diamond has printed once again on the 4HR. I do see a lower move coming. I do see BTC falling, clearing all vector zones and hitting the golden pocket fib. Shortby danny25m221
BTC 2024 Bull Run Falling Wedge ProjectionPost Halving projection for Bitcoin.. As hedge funds are giving up hope for BTC it is gearing up for the biggest move of its history. Longby PreacherGCrypto110
Bitcoin Bull-Flag Breaking OutIn my most recent BTC analysis I talked about a pending break out of a bull-flag pattern. My previous design was not the one the market agreed upon, so had to redraw the bottom support. As expected, the price is breaking out through the top resistance as we speak. Wait for the candle to close for confirmation. My view is quite bullish, so I'm expecting this break out to lead to a new ATH in the coming weeks.Longby FieryTradingUpdated 3340
Bitcoin can break resistance level and continue grow in channelHello traders, I want share with you my opinion about Bitcoin. By observing the chart, we can see that the price reached the resistance level and even entered to the seller zone, where started to decline inside the downward pennant. In this pattern, it fell to the support level, which coincided with the buyer zone and also reached the support line of the pennant, after which rebounded up to the resistance line. Then BTC exited from a downward pennant and fell lower than the 60200 level, but soon it turned around and started to rise inside the upward channel, where BTC broke the support level one more time. Next, the price made retest and continued to move up in the channel and even made a fake breakout of the resistance line, but when Bitcoin touched the resistance level, it at once rebounded back to the channel. But a not long time ago price rebounded from the support line of the channel to the resistance level and now continues to trades very close to the 71200 level. So, that's why I think that BTC can make a correction movement to support line of the channel and then rebound up higher that resistance level, breaking it. After this move, the price can continue to move up in the upward channel, therefore I set my target at 75000 points. Please share this idea with your friends and click Boost 🚀 Longby LegionQ8Updated 7725
bullish on BitcoinHere we have bitcoin price in a accumulation phase and the price is bouncing between 60000 and 72000. However as we can see in the chart there are two support in 67k and 62k tha we can consider as an area end this downtrend.Longby hamed-bUpdated 669
Bitcoin near a possibly resistance levelBitcoin if following the monthly pattern since the beginning which involves two angles , above a tl which is acting as support and below a tl so possibly a resistance, it could be a consolidation zone or could move it to the next level if breached by omvats1Updated 4438
#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_TA10
BTC Urgent Update!!!BTC has shown an 8% rejection after reaching as high as $72k. The price is currently holding strong support at $66k (50EMA) with lower support at FWB:65K and $60k. In this daily timeframe, BTC must hold the current support to continue a bounce back. A daily close below FWB:65K will invalidate the bounce and likely drop the price close to $60k. Be vigilant and do not FOMO. Do your own research before investing. Regards, Team Dexter.Longby Dexter_The_TraderUpdated 8
BITCOIN LONG BUYHello everyone, I'm waiting for liquidity to be taken and I'm waiting for the price, especially at 63k, so that I can possibly takeLongby InfiniteY12
Bitcoin: The bullish pattern was brokenTrading Setup: There is a Trading Signal to Buy in BTCUSDT Bitcoin (h4) Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 69290.0 ⭕️SL @ 66400.0 🔵TP1 @ 76000.0 🔵TP2 @ 81000.0 🔵TP3 @ 87000.0 Previous signal What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments . Longby pullbacksignal9957
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 8
Hello investors and cryptocurrency enthusiastsBitcoin has consistently remained at the forefront of financial news and market discussions, with its price volatility attracting attention from both experienced traders and newcomers alike. Based on my personal technical analysis, I observe that factors driving the price increase are still present, with both the trend and EMA line favoring the Bullish side. Moreover, a cup and handle pattern is forming, with the price surpassing the psychological threshold of $70,000 and aiming for unprecedented highs. I anticipate a breakthrough at this resistance level. So, what's your opinion? Do you think BTCUSDT will decline or rise? Longby JesscicaUpdated 252599
Is Bitcoin Downtrend Over? Examining the trend in the four-hour time frame, Bitcoin has approached the bottom of the descending channel at $66,675 and now it seems that the rate may go below the support of 66,675, provided that it maintains and does not record any one-hour candle closes. It can increase up to the Fibo resistance of 88.6% at $68,636.Longby arongroups10
Pulling back to the broken ascending trendlineIn our previous analysis, we mentioned that we expected Bitcoin to touch its support level, and this indeed happened. Bitcoin is currently trading between $67,000 and $71,000 and is pulling back to the broken ascending trendline. In our opinion, it's best to wait until Bitcoin breaks above $72,000 before expecting "strong" growth. While the market is in this corrective wave, focus on scalping and small swing trading opportunities. Avoid rushing into high-volume trades and make decisions with greater caution. by MonoCoinSignal10
Will the BTC uptrend return as large funds flow in?U.S.-based Exchange-Traded Funds (ETFs) directly investing in Bitcoin have seen unprecedented consecutive net inflows for 18 days, propelling the largest digital asset to record highs. Bitcoin ETFs are fueling the frenzy in the market. BTC is trading at an average price of $71,186. Its 24-hour trading volume has decreased by 5% to $26 billion, with a market capitalization of $1.4 trillion. Given this scenario, personally, I believe time will propel the cryptocurrency market back onto the path of growth. Do you have any thoughts on this prediction? Longby Jesscica141441
$BTC symmetrical tringle bullish pattern?CRYPTOCAP:BTC is in a rising symmetrical triangle pattern. This is a bullish pattern that usually breaks in an uptrend. We might touch the resistance at the EMA 100 before reversing to the upside, so be patient. The MACD is not reset yet, and the RSI is showing many divergences created by the unexpected selling pressure that could not be forecasted by the chart. However, the signs of a reversal are present, assuming that the selling pressure will stop. The CMF is at the bottom, showing fear, and since it cannot go lower, it should recover. The RSI on the daily is close to the bottom, indicating a soon reversal to the upside. In case of continued selling pressure, an invalidation of the chart would bring the support to the EMA 200 at 58k. Let's hope that does not happen.Longby CryptoNikkoidUpdated 119
BTC looks bearish (12H)From where we put the green flash on the chart, it looks like BTC correction has started. This correction is a triangle or a more complicated pattern, in the first step we wait for the green range to drop. By maintaining the specified supply, it can move towards the targets. Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank YouShortby behdark8
BTC/USDT 4-Hour Chart: Key Support and Resistance LevelsThe chart is a 4-hour Heikin Ashi chart of BTC/USDT (Bitcoin/Tether) from Binance. It includes several technical elements such as supply and demand zones, volume profile, and price levels. Here are some key observations and details from the chart: ### Detailed Analysis: 1. **Current Price**: - As of the chart's timestamp, BTC/USDT is trading at approximately $65,763.62. 2. **Volume Profile**: - The horizontal bars on the right side represent the volume traded at each price level. This can help identify key areas where buying and selling interest is concentrated. - Significant volume appears around $65,000 to $68,000, indicating strong interest and potential support/resistance around these levels. 3. **Supply Zones**: - **$70,000 to $74,000**: This zone is marked as a supply zone where sellers are likely to be present. If the price reaches this level, it may encounter resistance and possibly reverse. - **Around $72,000**: Another supply zone that could act as resistance if the price moves upwards. 4. **Demand Zones**: - **Around $60,000**: This zone is marked as a demand zone, where buyers are likely to step in, providing support to the price. If the price drops to this level, it may find buying interest and bounce back. 5. **Support and Resistance**: - **Support at $61,300**: This level is identified as a key support. If the price continues to fall, it might find support here. - **Resistance at $70,000**: This level acts as resistance, and the price might struggle to break above this level in the near term. 6. **Highlighted Levels**: - **$9.86K (100%)**: This could indicate a Fibonacci level or a significant price target. Since the context is not entirely clear, it might represent a projection or a historical level of importance. 7. **Trend Analysis**: - The price action appears to be in a downtrend, as seen from the sequence of lower highs and lower lows. - Heikin Ashi candles smooth out price action, showing red candles for the downtrend period, helping to identify the ongoing bearish sentiment. 8. **Key Observations**: - The recent price action shows a drop from a supply zone, indicating selling pressure. - The price is approaching a demand zone around $61,300, which might provide some support. - The broader trend needs to be observed in conjunction with higher time frame charts to confirm if this downtrend is part of a larger correction or a reversal. ### Strategy Insights: - **For Traders**: - **Short Positions**: Consider short positions near the identified supply zones ($70,000 - $74,000) with tight stop losses just above these levels. - **Long Positions**: Look for buying opportunities near the demand zone around $60,000 or if there is a strong bullish reversal signal at this level. - **For Investors**: - **Accumulation**: Investors might consider accumulating around the demand zones, particularly if the price shows signs of stabilization and reversal. - **Caution on Breakdowns**: If the price breaks significantly below the $60,000 demand zone, it might indicate a further downside, and caution is advised. Would you like to focus on a specific aspect of this chart, such as potential trade setups, further technical indicators, or historical price comparisons? BINANCE:BTCUSDT Longby Motivation_Voice8