check the trend The price is expected to fluctuate within the current resistance range. Then, according to the behavior of the price, there will be a possibility of crossing the resistance range. Otherwise, with the breaking of the support range, the continuation of the downward trend will be formedby STPFOREX0
Bitcoin Trading trading cycleThis is very long term view and still very much in play. According to the chart we still have 50 more days for the bear to drag price down with potential targets towards 13k and extended zone of 12k. by wesladUpdated 88105
POTENTIAL BITCOIN LIFECYCLEHello all, Sharing with you today is a potential long-term view on Bitcoin which should be of great help in making strong long term investment trading decisions. Considering November 2013 action where Bitcoin achieved a peak of 1116$, this high followed immediately with about 426days (About 1 Year) of bear market which gave out almost 86% drop from the then ATH this drop ended in the month of January 2015. Then immediately after the achieved low of January 2015, price begin to rally again which break the previous ATH (1116$) and reached a new peak at exactly 1065days (2yrs, 9months) after with 19817$. This peak was achieved in December 2017. Exactly after the new peak BTC took a massive dip of about 85% again to reach a new bottom within a duration of about 396days (About 1 Year) of Bear market. The drop ended in the month of January 2019 which make the January to be a special month from my research. After, the achieved bottom of 3081$ in January 2019, Bitcoin price begins to rally for a new ATH again, which break the previous high. This rally so far had taken about 1035days (2yrs, 8months) with a fresh ATH of 69270$. This ATH was achieved in November 2021. ASSUMPTIONS FROM THE ABOVE The correction of price From Nov 2013 (Peak) TO Jan 2015(Bottom) = 426days with 87% drops The correction of price from Dec 2017 (Peak) TO Jan 2019(Bottom) = 396 days with 84% drops Therefore, Correction from current ATH of 69k is expected to take at most 396days or less. Considering the rate of adoptions of Bitcoin, then the value of the current correction will be lesser to that of previous dip values. Thereby expecting max of 80% drop with price of 13800$. Potential End of Correction is JANUARY 2023. This means prepare your long term investment for this period. Next ATH is expected to happen in the next 3years within November to December 2025. Note: Bitcoin will likely not give out a dip more than 80% drop due to lot of Institutional adoptions. MORE UPDATES TO FOLLOW SOON!!! Kindly drop your likes if you find this little write up useful for you. Shortby wesladUpdated 3535317
June 5 Bitcoin Bybit chart analysisHello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. Based on tonight’s 30-minute chart There are two indicator announcements at 9:30 and 11:00. According to Nasdaq flow and Tether dominance movement I created a strategy. There's a lot of complicated stuff to explain, so I'll keep it very simple today. *Red finger movement path One-way long position strategy 1. $70698 long position entry zone / stop loss when breaking out of the green support line 2. $72446.5 long position 1st target -> Good 2nd target Section 1 at the top is lateral to the right. Section 2 at the bottom moves sideways to the right. From the point of departure from section 2, the pattern is broken. There is a possibility of further adjustment. The vertical line on the right is because tomorrow is a holiday. I have left a drawing based on the daily chart being generated on Friday, June 7th. If you drag up or down You can check support and resistance prices that are not visible on the chart. As mentioned in the Good section, This is the section where Bitcoin exceeds 100 million again. After the rebound on Nasdaq today There is a high possibility that there will be a downward movement. If this movement is an upward wave, or even if it is only a sideways movement, The beat can rise strongly. Please watch to see if Tether dominance is connected to a vertical decline. Because tomorrow is a holiday I'll take a break tomorrow and see you on Friday. Please note that my analysis up to this point is merely for reference and use. I hope you operate safely with principled trading and stop loss required. thank youLongby BitCoinGuideUpdated 5
Bitcoin is NVDA Charts looking very similar this year, reclaim of previous ATH, consolidation above and pump. I think #BTC will deliver something of the same We can go so much higher Lets all BULLIEVELongby GerardWalker555
Potential Long Trade Setup on BTC/USDOverview A prime long trade opportunity has been identified on the BTC/USD pair, leveraging a robust signal from our proprietary technical indicator based on the RSI with a period of 200. The RSI 200 has successfully formed a break of structure above the 50 line, signaling a perfect long entry point. Entry Signal The RSI 200 indicator, which smooths out market noise and provides reliable signals, has recently shown a break of structure above the 50 line. This break indicates a shift in market momentum from bearish to bullish, providing a strong entry signal for a long position. Trade Details Entry Point: Current market price (71,190) Stop Loss (SL): Placed at the last swing low to minimize risk Target: Set at the 50% Fibonacci extension level from the recent significant low to high swing Notes: This Swing trade is potentially the last LONG opportunity before dumping deep to continue the BEARISH SENTIMENT OF THE MARKET.Longby ama-Beeps0
BC-AllMarket MultiSignal for Comprehensive Market AnalisisThe BC-AllMarket MultiSignal indicator provides a robust and comprehensive analysis tool for traders. It integrates various technical analysis components including ADX, DMI, Awesome Oscillator (AO), Bollinger Bands, Stochastic, and RSI. This multi-signal indicator is designed to help traders identify potential buy and sell signals by combining different market trends and momentum indicators. It visually represents key data points on the chart, offering a clear view of market conditions. Ideal for both short-term and long-term traders looking to enhance their trading strategy with a multifaceted approachby bolivarcaba0
BTC Range BoundBTC has been stuck in this range for quite a while, a lot of chop recently. It's had a couple of moves below and above, but for the most part it has stayed in this range all week. I'm still bullish on crypto, but unsure about the broader market. I think it could breakout soon, but also has the same chance to fail IMO. For now I see it as bullish consolidation. Once this range breaks for real, it should be a good move in either direction.Longby AdvancedPlays0
Bullish bounce off 38.2% Fibonacci support?BTC/USD is falling towards a support level which is a pullback support that lines up with the 38.2% Fibonacci retracement and could bounce from this level to our take profit. Entry: 69,678.11 Why we like it: There is a pullback support level which lines up with the 38.2% Fibonacci retracement. Stop loss: 68,439.59 Why we like it: There is a pullback support level which lines up with the 61.8% Fibonacci retracement. Take profit: 71,960.46 Why we like it: There is a pullback resistance level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Longby VantageMarkets6
BTC/USD: Bullish Outlook Persists Amidst Selling PressureHello Everyone, BTC/USD has been performing as anticipated, continuing to be a strong bullish investment despite significant selling pressure. The daily support level has been resilient, and maintaining a position above the 1D pivot point (PP) will confirm immediate further upside. With this stability, the bullish outlook is expected to persist and thrive in the long term. TradeWithTheTrend3344Longby TradeWithTheTrend33442
Bitcoin Chart Analysis Bitcoin is currently $71,200, and is encountering resistance between $71,180 and $74,000. I used the Fib Time Zone tool, in combination with Elliot Waves to further clarify the beginning and the end of a bullish or a bearish trend. Coincidently, the time it took for the last two wave to play out was exactly the same (17 days). Bitcoin is in an uptrend at the moment, and as shown on my chart, recently broke above a downwards sloping trendline (Red) -retested it and confirmed as support. The MACD indicator turned bullish after the retest of the trend-line. I believe that bitcoins price will continue to rise, as it completes the 5th Elliot impulsive wave. If the price can break above $74,200, I predict a new high between $84,250 and $91,750. If Bitcoin is rejected at $74,200, a retest of $65,000 would be likely. Longby NicoDaCheekoUpdated 110
Where will BTC go ?We must see a Weekly Candle Close above 71,317 to show continuation to the up side. Trend is sidewaysby johnnyblaze10
2024-06-06 - a daily price action after hour update - bitcoinGood Evening and I hope you are well. comment: Bears keep rejecting 71000 and it’s the 4th time bulls touched it. Something has to give, either bulls stop trying or bears defending. My money is on the bears. The bull trend line runs around 68500 and if bears can get below, I am confident that this was the last we have seen from prices above 68000 for a long time. If bulls can break above 72000, they will certainly print a new ath and it also means I’m wrong. current market cycle: trading range key levels: 56000 - 74000 bull case: Bulls either use the momentum now to print above 72000 or stop trying. The big bear trend line from the ath is holding somewhat since we are still making lower highs. I can’t find many arguments for the bulls here. They printed a decent double top on the 1h chart and a quadruple top on the daily chart. They kept the 1h bull gap to 69800 open and are 2000 points above the daily ema. Bull trend lines are intact, so they could continue trying to break above 72000. Invalidation is below 69000. bear case: They see the many many rejections above 71000 and the double top from today. They need much more selling pressure to close the gap to 69800 and test the lower bull trend line and the daily ema around 69000. Invalidation is above 72000. short term: Neutral between 69000 - 72000. Bullish above, bearish below. 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: Short from 70443, sl 71950 trade of the day: Trading range 70000 - 71500. Buy low and sell high at the extremes or don’t trade at all. Selling above 71000 has been profitable since March.by priceactiontds1
Bitcoin Bull RunHere is Bitcoin's 1 hour support. Plain and simple. Can we reach 75K if this trendline holds?Longby DizPlin3
(BTC) bitcoinAt last, finally I found someone who understands how to code an idea that can be modified to extract data on the chart to get closer to the idea I was trying to find. Now it is only a matter of time before I can construct and idea more specific to my idea. This is an image of BTC. Longby CryptocurrencyBlot0
BTC sell before all time highs Short 1k pips to excute. Need to be more patient to catch the full potiental of a moveShortby Picassalbd112
BTC USD - Volume Profile Support and Resistance LevelsLearn about Volume Profiles Learn about Point of Control (Poc) Learn about Value Area Highs (vAH) Learn about Value Area Lows(vAL) See how awesome volume profile from the first low to the last lower high in 2021 correlates to support and resistance levels > than 2021. by hmaroudasUpdated 0
Look at this Bullish signIt seems we're about to a new bull run .🚀 Reverse head and shoulder is not ignorable...Longby parsajl10
Bitcoin: Wyckoff TheoryAccumulation or distribution? An important question which comes to mind at this spot. Wyckoff's theory was simple, accumulation occurs when larger participants are bidding supply, while retail & soft spoken traders are taking profits. With a little socio-economical understanding; a very-viable-variable here. People like to spend in the summer, the only issue is.. they spend what they have, not what they borrow! Now, in a distribution phase, you can assume what happens. Larger participants offload previous bids into soft spoken buyers hands, and exit the market in due size & time... Let's give a little thought here - If Blackrock was buying throughout 30's to near now... would they sell? would they let themselves become other's exit plan? An independent decision to make on their side. Wyckoff’s concept of the “Composite Man” has been idealized as a guiding 'radar' in the markets, a “Composite Man” should and will lead the markets, allowing soft spoken traders to factualize the understanding of order flow, liquidity preference & the demand for money. His personalized idea of a 'market maker' explains how anyone can determine meaning, curvature & limitations in the market that is being rationalized. The methodology provides a framework to visualize & grasp how liquidity is utilized. Highlighting potential zones for reversals, different phases, & driving actions of market makers. As Bitcoin progresses through this range, our deviation will get narrower; resulting in a larger move in either direction. Lingering through summer while the euphoria lasts seems best fit. Which then would either drop off a cliff or rebound back, into the cold winter. The time-price opportunity here suggests this will happen before the end of summer, thus saying if we do reach the $63,000-$64,000 level from here by mid June, the likely-hood of a large move will become exponential. Versa, in hopes this is an accumulation phase, seeing $80,000 would give me the confidence to say.. buy more alts & hold on. It would be nice to see Bitcoin push for the $100,000 level, we all want cheaper prices, though I hope in the end we all want a greater world to live in. Who's your exit liquidity? Index: preliminary support (PS) secondary test (ST) sign of strength (SOS) automatic reaction (AR) sign of weakness (SOW)by Market_Eater1118
BTC Will continue to rise! Next target position 71705Sub-platform We bought BTC at 69978.48 to take profit at the first stage of 70848! Today we can continue to buy BTC around the support of 70545! Target price 71705! In February, I publicly predicted that BTC would go from $30,000 to $70,000! The friends who listened to my prediction made more than double the profit! But I'm more of a scalper trader so if you want live trading signals guidance and advice you can contact me! I can make you more than 200% profit per weekLongby KingofthedealUpdated 2