BTC TO DROPIm looking for bearish . If i want to buy will wait the price drop to 50000 to 54000. Trade with your own risk.Shortby ewtradersbhUpdated 8
BTC According to Elliott Waves, we are still in the fourth wave which extends from 73777 to 49950. Sometimes Bitcoin exceeds the wave level, I Think that Bitcoin is not finished falling, and will start falling from 74,000 – 71,000 to the red level of 55,900 – 49,900. Then after that we will witness a real bull run extending to 85,000 Shortby TARGETS_2024Updated 6626
BTCUSDT RALLY SOON?Hello everyone, today i would like to share my own ideas on BTCUSDT. BTCUSDT price is on consolidation move and still in trading range of $66K - $70K this week. Our current strong support is on $66K. In my opinion price need to bounce higher to secure bullish momentum this week and If it breaks around $70K it would lead to new ATH soon. CRYPTOCAP:BTC BINANCE:BTCUSDTLongby panjisatryaa1
BITCOIN 4HOUR UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. BTC/USDT Analysis – Short Update BTC is trading within this bearish pattern. Rebound: BTC is rebounding from the horizontal support zone. The 100-day moving average is acting as resistance. Potential Movements: A breakdown below the support zone would indicate a bearish trend. A breakout above the triangle would suggest a bullish trend. Stay tuned for further updates. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.Longby CryptoSanders956313
BTC Trendline breakout BTC has been moving between 59500 and 70000s range since march. It has tried to break ath several times but was rejected strongly. According to my analysis the trend has weakened and in June it will try to break the Trendline support. If Trendline is broken enter short after retesting and tp is each horizontal ray level. SL according to your risk. Shortby Ats92
PERFECT BREAKOUT SETUP BTCI like the break out of the channel on BTC. Im looking for it to come down to the demand zone and off to the moon. 80k is the next target.Longby tothetopcurt4
Awaiting Confirmation for Bullish EntryBitcoin (BTC) has recently approached its all-time highs (ATH), facing significant selling pressure at this level. Despite this, the most recent wave remains bullish, and positive macroeconomic news like the potential approval of spot ETFs and encouraging CPI data suggest continued capital inflow into BTC in the near future. Currently, the price is consolidating sideways and approaching the trendline as illustrated on the chart. To ensure the safest possible entry for a long position, we need to wait for further confirmation. Key Points: ATH Resistance: BTC is facing strong resistance at its ATH, indicating a potential struggle to break through this level. Bullish Momentum: The recent price action remains bullish, suggesting underlying strength in the market. Positive Fundamentals: Favorable macroeconomic factors like potential spot ETFs and positive CPI data could fuel further BTC demand. Trendline Support: The price is currently consolidating near a key trendline, which could act as support for a potential upward move. Trading Strategy: Wait for Confirmation: Avoid entering a long position prematurely. Wait for a clear breakout above the ATH or a confirmed bullish reversal pattern (like a double bottom or inverse head and shoulders). Set Entry: Once the bullish continuation is confirmed, consider entering a long position with appropriate risk management (stop-loss and take-profit levels). Monitor Price Action: Keep a close eye on the price action for any signs of a trend change or reversal. Additional Considerations: Technical Indicators: Utilize additional technical indicators (RSI, MACD, etc.) to confirm the bullish bias and increase the probability of a successful trade. News and Sentiment: Stay informed about the latest news and market sentiment surrounding Bitcoin and the broader cryptocurrency market. Risk Management: Always prioritize risk management and avoid risking more than you can afford to lose. Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consult with a financial professional before making any investment decisions.Longby fxtactix1
BtcTime to test the 75k zone right now This is not a financial advice dyorr EnjoyyyLongby jupitertrade2
Important section: 67614.25-70231.38Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1M chart) It began to rise in the buy zone and reached its first decline around the Fibonacci ratio point of 1.27 (73.308.95). This first decline continued towards the Fibonacci ratio point of 0.886 (56000.42). It then moves higher and is rising above the Fibonacci ratio point of 1.13 (67031.36). Therefore, it appears that there is a high possibility that the Fibonacci ratio will show volatility through a three-stage movement. If volatility occurs in three stages like this, In case of decline, it is expected to fall around the Fibonacci ratio range of 0.707 (48064.07) to 0.786 (51606.42). When rising, it is expected to rise around the Fibonacci ratio range of 1.618 (88913.24) to 2 (106042.09). Therefore, I think the key is which direction it deviates from the Fibonacci ratio range of 1.13 (67031.36) to 1.24 (73308.95). (1W chart) If it rises along the important upward channel, it is expected to continue the upward trend purchased around 16K-28K. However, since it has created a new rising channel (rising trend line (4) ~ (5)) and is showing an upward trend, if it deviates from this rising channel, volatility is expected to occur to change the trend. Therefore, it is necessary to keep a close eye on the movement between the high trend line of the important rising channel and the rising trend line (4). Therefore, this period of volatility on the 1W chart is expected to last until around the week of July 29th. (1D chart) A short-term rising channel has been formed and the price is showing an upward trend along the short-term rising channel. However, since the rising channel narrows as the price rises, the possibility that the Fibonacci ratio point falls below the short-term rising channel around 1.27 (73308.95) cannot be ruled out. Therefore, the trend line we should consider important is the upward trend line (1). This rising trend line (1) is the corresponding trend line to the rising trend line (4) mentioned in the 1W chart. Therefore, since a short-term uptrend can lead to a movement to continue the mid- to long-term uptrend, we need to think about countermeasures against this. Currently, the HA-High indicator on the 1D chart is formed at 67614.25, and the HA-High indicator on the 1W chart is formed at 65233.64. Therefore, you should consider a response strategy depending on whether there is support around 65233.64-67614.25. The next period of volatility will be around June 4 (June 3-5). However, there is a possibility that proactive volatility may occur from around May 27th to 29th (maximum May 26th to 30th). Have a good time. thank you -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 ----------------- by readCryptoUpdated 2211
Triangle formationThe bitcoin price is forming a triangle pattern with a breakout deadline on Monday. A breakout on Monday would be ideal as volume could be very high and the move could be very aggressive.by raulovidiu311
BTC Price Prediction and Elliott Wave AnalysisHello friends, If we make higher high and higher low and touch 68500 level these will be my indication for starting the Green C to reach to Blue X. Thank you for joining me in my analysis. Remember to like, subscribe, and stay tuned for more updates. See you soon! Thanks, Brosby MASCryptoAna3
Bear TrapReady to be wrong again, I believe this was a bear trap set up by the MMs, which will give BTC the momentum to break past 69.2k.Longby hkfjhfvbUpdated 4
$BTC is performing now a bearish retest#btc #bitcoin price is now testing to reclaim the trend channel, if fails (if bearish retest will be succesful) #btcusd dump will have the 3nd minor wave. Not financial advice.by naphyse2
BTC longon demand zone on lower TF , can expect a reversal from this zone to tap the highs !Longby ahmedbinnaveed123112
Bitcoin / TetherUS _ Prices _ For _ Quarter _ 3 _ 2024 _ Under _Bitcoin / TetherUS _ Prices _ For _ Quarter _ 3 _ 2024 _ Under _ Trading _ Venue _ Binance Next Distribution price: : $74,068.95 Retest = drop to level of $46,625.95 by Skill-Knowledge-Conduct3
What's cooking with Bitcoin? BTCUSDTOn the daily timeframe, BTCUSDT is forming a large ascending triangle pattern. There is strong resistance at the current all-time high (ATH) levels. We can expect multiple retests in this supply zone. If BTC consolidates within this range and positive sentiment persists, we may see a breakout to the $84,000-$85,000 levels. The trendline will act as interim resistance. However, if negative sentiment prevails, there is a chance of breaking down from this pattern. Both the momentum (10) oscillator and the 100-day Moving Averages are signalling bullish trends. This suggests potential upward movement in BTC’s price.Longby Mudrex339
BTCUSDT could be heading towards a new All-Time HighWe can clearly see that 67k is a very strong support/demand area, which is currently being respected. And as long as Bitcoin remains above, without a decisive daily break and close blow 66k, we will continue to expect a potential rally. Along with the BTC, Alts should feel very strong as well, and many should go ballistic. Longby CryptoPAMM227
BTCUSDT: Trend in 2H time framePlease pay special attention to the accurate trends, colored levels, and red level as SL. Be careful BEST MTby MT_T1
BTCUSD SELL Bitcoin sell side analysis successfully completed 👍 160 pips profit running 🏃♂️ 👏 Near to hit TP power of good analysts Shortby DNA_Trader_Officials111
BTCUSD SELL Bitcoin sell side analysis successfully completed 👍 160 pips profit running 🏃♂️ 👏 Near to hit TP power of good analysts Shortby DNA_Trader_Officials0
3 Options for BTCBTC weak on either side with equities heavy. Buy liquidity levels have all been tested allowing for a potential short flush back under 56k. Only saving grace is if BTC finds big volume and a strong imbalance up to save it and if it does, it has the chance to run to new ATHs.Shortby yumite1