BtcGood news today !! Long now This is not a financial advice dyoor Enjoyy BullsLongby jupitertradeUpdated 221
Bitcoin has potential, long term analysis gives a clear indicatiBitcoin looks like its gonna go all the way up, wont go into detail as this is a long term setup however, be prepared for retracements as it looks like it has a great potential of falling maybe under $65 000, long term analysis has a clear indication of a bullish trend however I personally dont advice people to trade but to buy and hold coins as risk is more calculated that wayby pulemainamotsoeneng2
$BTC to 100k #SUMMER2024Crazy to say it, crazier to see it. But a simple look at chart has me thinking 100k by end of "white boy summer". How to play it? 1) Easy way - Buy and Hold the Coin on a wallet 2) Hard way - face of with the Algos in the options battlefields of; MSTR, MARA, BITO, COIN, etc 3) Prof way - mix of both (risk management) GLHF Longby Prophecies_R_UsUpdated 4
BTC Next levels to look at above You can see here on the chart that there is a 4hr breaker block above the REH marked out on the chart, I will set alerts here to to see if we dig into that for a short set up. As we are currently at the previous days high and holding around there i would only consider a short here if we start building another breaker block on the 15m and come back and retest it to short it. For now it's just monitoring what is going to happen for the next set up Shortby salamanka1
BITCOIN ( BRAKING TURNING LEVEL )BITCOIN Tendency the price is under BULLISH pressure at 67,241 Turning level : The turning 67,241 , so as long as the price above this level, there will be a bullish trend resistance level : the trading above the turning level 67,241 , the price will rise to 70,059 stabilize this level , there will be reach 72,154 and 73,154 support level : The trading stabilizing below 67,241 , the price will reach the support level of 64,764 corrective level : price will attempt 67,241 , correct itself before rising Longby ArinaKarayi3
BITCOIN SENDS CLEAR BEARISH SIGNALS|SHORT Hello,Friends! Bearish trend on BITCOIN, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 66260. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 117
Bullish rise?The Bitcoin (BTC/USD) has reacted off the pivot which has been identified as a pullback support and could rise to the 1st resistance level which is an overlap resistance. Pivot: 66,022.69 1st Support: 64,588.58 1st Resistance: 68,777.23 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarkets228
2024-06-11 - a daily price action after hour update - bitcoinGood Evening and I hope you are well. bitcoin comment: Closed my swing short for big profits, I hope you made some. Next I expect the triangle to play out and probably break to the downside. The breakout-retest at 70137 was as perfect as it gets. Bitcoin’s fate also lies with the CPI and Jpow releases tomorrow. If markets rally, so will btc. If we sell-off, btc permabulls will be delighted to be able to add to their positions at much lower prices soon. current market cycle: trading range key levels: small range 66600 - 72000 / big range 56000 - 74000 bull case: Bulls printed the first good looking 1h bars since Friday, today at 6.pm. CET. They are holding on for dear life here at 67000 because below is hell for them. I can see the triangle playing out and the market moving some sideways here. If bulls are strong again, they will get back above 69000 but I highly doubt that. Invalidation is below 66000. bear case: Bears are now below all bigger 20ema and got a second leg down inside this trading range. A third leg would bring us right to the bull trend line on the daily chart around 65000. Bears are in full control here and unless all other markets rally hard tomorrow, Bitcoin is done imo. Decent chance that we won’t see 70000 for a long long time if catalyst’s tomorrow are bearish. Invalidation is above 70000. short term: Neutral here inside the triangle with slightly higher odds for the bulls to trade back to around 68800 before down again. medium-long term: down to 40000 (could take 3-6 months). Could also drop to 20000 again but let’s make 40000 first and see how many want to buy there. —unchanged current swing trade: None. Short from 70443, sl 71950 - closed for 3300 points. trade of the day: Small pull-back bear trend from Tuesdays Globex session. Bar 63 was the biggest bear bar and that late in a trend it’s a clear signal to exit your short position because the chance of this being the climactic end of the trend is high. Longby priceactiontds223
long bitcoin; if it keep find buying volumn on the 50%, the periodic down might be institutional shakeout, be alert and watch the risk and good luck; Longby Gilbert09672
BTCUSD BUY You know the drill lets see how it goes ....its looks like we are going in for a buyLongby Billionairegroup_co2
Bitcoin's Impressive Trajectory and the Road to $100,000Over the past 15 years, Bitcoin has consistently exceeded projections and expectations. In just over a decade, its value has surged from mere pennies per coin to over $50,000 by 2021, capturing global attention. As of June 2024, Bitcoin's price hovers around $70,000, with the next major milestone being the highly anticipated six-figure mark. While reaching $100,000 may seem ambitious, historical trends suggest it's increasingly likely. The pressing question remains: When will Bitcoin surpass the $100,000 threshold? Could it happen in 2024? Any prediction regarding Bitcoin's future is inherently speculative, but such speculation encourages us to evaluate long-term developments in the investment landscape. To forecast Bitcoin's performance, it's crucial to consider trends related to its halving events. A halving is a pre-programmed occurrence approximately every four years that halves the reward for mining new blocks, forming the basis of Bitcoin's monetary policy. This mechanism decreases the rate at which new bitcoins are created over time, contributing to its scarcity and historically driving price appreciation. Bitcoin's most recent halving in April 2024 reduced its inflation rate to just 0.85%. Examining previous halvings reveals that Bitcoin's price typically increases by around 125% in the year of a halving. Starting from a price of $44,000 at the beginning of 2024, a 125% increase would place Bitcoin at $99,000. If this halving has a similar impact as previous ones, Bitcoin should be close to the $100,000 mark in 2024. However, there's another variable to consider that could boost Bitcoin beyond this threshold: the introduction of spot Bitcoin ETFs. Historically, Bitcoin's rise was driven mainly by retail investors. With the advent of spot Bitcoin ETFs, institutional investors can now accumulate Bitcoin without regulatory or custodial concerns. This new vehicle for Bitcoin exposure is already making an impact. In February, ETFs were purchasing Bitcoin at a rate 10 times the daily production rate, pushing its price to a new all-time high. Although the buying rate has cooled, it’s likely just the beginning. If buying resumes at those levels post-halving, ETFs would outpace Bitcoin's daily supply by 20 times. 2024 is shaping up to be the year Bitcoin could reach $100,000. With its price around $70,500 today, this represents a potential 40% gain. However, it’s important to note that Bitcoin often sees its most significant gains in the year following a halving. Historically, Bitcoin has soared by more than 400% on average in the post-halving year. If Bitcoin doesn't reach $100,000 in 2024, 2025 remains a strong possibility. Whether it happens this year or next, ongoing halvings, increasing adoption, and institutional involvement make a compelling case for Bitcoin to continue surprising us for years to come.Longby FOREXN1114
Bull Trap. The cheese must be good. $53k - $47k TP.NFA. DYOR. We are in a distribution phase. TP and buy zone set out $53k to $47k.Shortby earlyBTCAd0pterUpdated 121212
BTC / USD Monthly ChartHello traders. I just want to say this about Bitcoin... We can move sideways through the summer before we start the true parabolic push up. This doesn't mean we can't start the push up sooner, which I would welcome. If we look at the history of the halvings, this is all part of the normal post bitcoin halving where we are in the last phases before the move up. Any significant dip is an opportunity for the commone people to get in and establish generational wealth. Big G gets all my thanks. Lastly, I would like to see Bitcoin at the bare minimum of $265,000.00 by Oct. 2025. I would expect it to be higher, but that is the minimum return from this halving in my opinion. Thanks so much.Longby musclemilk00751
BITCOIN (BTCUSD): Intraday Bearish SetupWe have observed two significant breakouts on 📉Bitcoin. The market has been consolidating for about two weeks. Prior to this period, the price was moving within an upward trend line and after reaching the 74,000 resistance level, the market began to consolidate. However, we have now witnessed a breakout below both the upward support trend line and the trading range, showing that sellers are in control of the market. This indicates that the price may potentially decrease to 64,004 next.Shortby linofx1222
will it hold again?The black support line hold the price from further drop around $56,000 now we are reaching the same black support line, will it hold? I am optomistic about this, if it wont held then the other important support is the green one ... also if it hold and we see up in price and can break the resistance line ( the upper green line) then we should have THE CONTINUATION HEAD AND SHOULDERS PATTERN -Target around $85,000 ( IMHO) Longby masonsafari3
BITCOIN ( SHORT PRESSURE )BITCOIN Tendency the price is a short pressure at 70,070 Turning level : The turning level 70,070 , so as long as the price above this level, there will be a new peak resistance level : trade above 70,070 , the price will rise to 72,145 as long as price stabilize ,this level, will be reach 73,154 support level : braking a turning level 70,070 the price will reach the support level of 67,519 and 66,256 corrective level : price will attempt 70,070 , correct itself before falling Shortby ArinaKarayiUpdated 4
BTC /Monthly !!!!!!mart money concept analysis: Don't get caught in whale traps. What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the authorShortby IQgroups221
BTC: Bullish market structure. Support retest before the rally Bitcoin is declining as localized negative sentiment prevails in the market. A small shakeout and liquidation will allow the big player to gather liquidity faster before further growth I'm keeping an eye on areas such as: Rising support line Support 64589 Support 66500 Strong moves are much easier to stop than if price approaches support slowly. Accordingly, the most probable scenario is a rebound in the form of a false breakdown These zones are a pool of huge liquidity and a false breakdown could be formed at the low before price heads towards 71566 with a view to breakout and further rise towards 80KLongby Gold-Tech225
BTC/USDHere is the technical analysis for the BTC/USD cryptocurrency pair on the H1 timeframe: 📣 Based on the 1-hour timeframe analysis, if the price breaks below the support level around 67,154, a decline towards the 65,000 level can be expected. ⛔️ Stop loss: 68,500 On the other hand, if the price breaks above the 68,500 level, a bullish outlook towards the 71,000 level can be considered. As with the previous analysis, please do your own due diligence and risk management before making any trading decisions. The levels and potential trade setups provided are for informational purposes only. Proper position sizing and risk management are critical when trading volatile assets like cryptocurrencies.by FXSMARTT4
More room to move down to 64k64k is in play on this leg down, getting close to a squeeze on daily trend lines.by ason9Updated 2
BTCUSD 9/6/2024BTCUSD is now still in the premium area where after the sweep price external daily low. I expect there will be a fall towards the discount in the near future. But I will wait for the price to enter the area that has been broken.Shortby EyonGaristerus1
BTC: June 14th, 2024Hello dear traders. Let's cut to the chase. There's no denying that price is weak and seems in desperate need of a new narrative or momentum. Technically, price is showing weakness in the mid-range, which is in line with the POC of the range as well. Momentum h4 EMAs (12, 21) are rolling over as well. The positive thing at this point is the bullish absorption that is unfolding. In fact, it has been more or less so throughout the whole range. Apparently, a lot of bitcoins are changing hands. My thesis is in line with the context, i.e. range-bound price action. I will play the range until the break. Why the local bullish bias? We have a couple of nPOC prints above. Also, the move from sub 60K to 70K is impulsive to me, and I believe we are in the process of putting in a higher low. Plus, if you trade with the flow, the previous quarterly value area high aka pqvah is at 66K while the current quarterly vwap is creeping higher and closer to this level (Find the picture in the comments section). I usually use flow for the daily chart and mid-term bias. As long as 66K is held, my bias is bullish with a move towards the EQ highs at the top of the range. If 66K is lost with a daily candle and strength, I will look at 64K or even 62K. I try to to manage my risk, and stick to the facts. I hope you do the same, and bear in mind that this post is not financial advice, so DYOR. If you like the idea, please share and smash the like button.Longby Trader_NebulaUpdated 1
Correction It is expected that the price will fluctuate in the current resistance range and then continue the downward trend. If the price crosses the resistance range, it will be possible to climb to the next resistance range. Shortby STPFOREX2