BTCUSD SHORTBTCUSD is going down first target around area 65300 : 65700 second target around area 62100 : 62600 Shortby Ehab_AliUpdated 1
BTC simple analysis: Volume correctionElliot Wave on recent bearish trend finished. High volume candles where left behind. Waiting for volume correction. Chart bounced on 300% E.W. fibo. . Fibo is between 2 and 4 peaks of E.W. Expecting to reach at least, cloose to the top of closest H volume candle. Longby FtradorexUpdated 1
Bear Case Scenario: Pullback to 64k?I can see this breaking below the wedge and pulling back to the .786 fibonacci. As always - wait for breakout before entering this specific type of wedge play. Use a stoploss -not financial advice Shortby The_Gains2
Bitcoin in the short and medium termBitcoin in the short and medium term: According to the previous analysis, Bitcoin stopped at $56,500 before reaching $52,000 on May 1st, and the second wave of the previous analysis has started from this point. This analysis shows the continuation of the path in more detail. Based on this analysis, this week we will see the price of Bitcoin drop to $58,000 and then within the next two weeks, Bitcoin will grow to the price range of $70,000. As you can see in the chart, after that Bitcoin has a heavier fall ahead and will fall to the $27,000 range in the coming months. @JalilRafieefard May 14, 2024Shortby JalilRafieefardUpdated 224
BTC-BULLISHBtc is in ascending channel price is going to test trend line most probably it test the trend line and follow bullish trend Longby FazalSiyal1
BTC continues to rise after retreatingAfter the price fell below 68800, the upward trend has been interrupted, but The current price is stable above 68800, which shows that the market has been stabilized by the market force. Next, wait until the price falls to the resistance level to buy. Trading suggestion: Buy when the price falls back to 68600-68900, target 69500-69800 The above trading suggestions are for reference only, I will update the market analysis in my guidance group at any timeLongby q4yrf4Updated 1
MONEY FLOW INDEX We need RSI to reach 88.00, RSI is currently at 73.23. MONEY FLOW INDEX is currently at 70.86. Shows will reach 88.00. Please go back and see in two occasions where it did reach the top according to this 35DAY TF. LMONEY FLOW INDEX has unveiled BTC next targets. Next I want you to see the smart money contraction at the bottom. Reads 7k zone from its value line and its BULLISH. Now I want you to see the next HIGHER HIGHS from the 7k zone. We have a new BULLISH contraction in PROCESS, current candle has not closed. There’s 18 days and 19 hours left. Contraction is a 3 candle pattern. UP, DOWN, UP. Smart money creates them. If this current candle closes above into a certain location then it’s BULLISH. If so, LOOK OUT. Longby The_ForexX_MindsetUpdated 2
The journey to 100k per Bitcoin starts today- complimentary analysis to my last one: - btc displaying a textbook retest of a giant, multi-month bull flag - 5d volatility at rock bottom supports a +40% move Fundamentals have never been better: 1. ethereum ETF has been approved and is about to go live soon 2. Trump publicly supporting crypto & crypto holders 3. the chances of a surprise June rate hike are much higher than most people expect 100k - the magical number.Longby MansasumaUpdated 1
BTCUSD Daily chart analysisBTCUSD Daily chart analysis: -Daily chart showing bullish structure(Higher lows and higher highs) -Expecting a 0.705 Fib retracement and then a strong bounce to upside. Longby CryptBo882
$BTC. It is simpler than you think. How could you go wrong with buying and HODLing CRYPTOCAP:BTC ? Don't fade Bitcoin. Expecting continued chop for next couple months before the real bull market arrives. Great time to accumulate more CRYPTOCAP:BTC Buying anywhere is good if you are just DCAing in for long term. If we get in the BTFD zone before breaking new highs I will be adding large additions to my cold storage. Patience is very important at this time Do not get bored and go try to make a quick buck Accumulate CRYPTOCAP:BTC , hold it, then go enjoy something else in the meantime Longby SolanaTradezUpdated 1
BTCUSD Long term Analysis The target price for the long position is set at $70,590, encapsulating the potential upside trajectory of BTCUSD. This target is derived from a comprehensive assessment of historical price movements, Fibonacci extensions, and key psychological levels. Furthermore, the confluence of technical indicators and macroeconomic factors suggests that BTCUSD has the propensity to surpass this threshold, paving the way for sustained upward momentum.Longby GODOCM2
BTCUSD/ No signs of bullishness on Lower/ higher time framesBTCUSD has complete retest of wave 5 thrice on higher time frame , Or the ATH has been been attempted to retest but failed. On lower TFs no sign of bulls either. Should it continue 66k or lower? D waves system is a private research and is used for recognizing correct dynamics. This is not financial advice.Shortby raghufxUpdated 1
BTCUSD Long: To the moon?Context: Currently trading above previous high from Nov. 2021 with bullish FVGs on monthly chart - but we are now in a consolidation, but with upwards tendency. Same for the weekly chart - we just took out the previous week high. Idea: • Entry between prev. week high and prev. day high after 4h close above bearish FVG. • Entry in mentioned area preffered with a lower timeframe setup like a reversal candle on 30min. • Approach of the entry should be without FVGs on 30min. Otherwise wait for bearish 30min FVG to be closed. Stop: Below your 30min entry setup → 1st TP: Around ATH / 73500 → 2nd TP: trailing stop: "sky is the limit" When does this scenario become invalidated? If the current 4h candle becomes a confirmed reversal candle. Then we could rally lower to at least 69000.Longby MichaelBwUpdated 1
Bitcoin | btcusdt | btcusd on the verge of a brekout Bitcoin | btcusdt | btcusd on the verge of a brekout BINANCE:BTCUSDT btc looks extremely bullish above $69305 , support $66660 by XDataAnalystUpdated 2
BTC predictionsOver the past week, Bitcoin has experienced a notable surge, reaching its highest level since November 2021. The price of Bitcoin topped $57,000, marking a significant increase from its previous levels earlier in the year. This uptrend is driven by a combination of factors, including positive market sentiment, strong institutional inflows into Bitcoin ETFs, and anticipation of the upcoming Bitcoin halving event scheduled for April 2024. Coinbase analysts have observed that the factors exerting downward pressure on Bitcoin are diminishing. The completion of liquidations by the defunct exchange FTX and the recovery of some bankrupt crypto entities have stabilized the market. Additionally, the Bitcoin spot ETF market has shown stable performance, with significant daily net inflows and trading volumes, further boosting investor confidence. Looking ahead, analysts are optimistic about Bitcoin's performance for the remainder of 2024. Predictions indicate that Bitcoin could reach $85,000 by the end of the year, driven by continued ETF inflows and historical post-halving price trends. Overall, the outlook for Bitcoin remains bullish, with market conditions and institutional interest supporting its upward trajectory.by pips1000s111
Possible movement for BitcoinPossible breakout and support levels to devise trading strategies. Note: this is not financial advice. kindly do your independent research and analysis before making financial decisions.Longby StockSession1
BITCOIN CONSOLIDATION PATTERN POINTING PRICE TO $80 T0 $90K.Here's my analysis of the pattern: A - This region marks a consolidation phase where the price moves within a narrow range before breaking out to the upside. The horizontal blue line likely represents the resistance level of this consolidation phase, which the price breaks above. B - Similar to region A, this appears to be another consolidation phase with the price eventually breaking above the blue horizontal line, indicating a breakout and continuation of the upward trend. C - This region again shows a consolidation pattern, followed by a breakout above the blue horizontal line. The pattern of consolidation followed by an upward breakout continues here. D - This region is marked with another consolidation phase. The chart suggests that the price is consolidating around the blue horizontal line, possibly preparing for another move. Given the previous patterns, this might indicate a potential for another breakout, although it’s important to note that past performance is not indicative of future results. The overall pattern suggests a series of consolidation phases followed by breakouts to higher levels. This stair-step pattern is often indicative of a strong uptrend where the price moves up, consolidates, and then continues to move up after breaking out of the consolidation phase. Analyzing the Pattern 1. Consistent Growth: The average is 25% and it suggest a strong and steady bullish trend. This can be indicative of significant buying pressure and positive market sentiment. 2, Breakout Analysis: A to B: After consolidation at A, the price pumps by approximately 25% before reaching a new consolidation phase. B to C: Following a similar pattern, the price again increases by around 25% after breaking out from B. C to D: The same 25% increase is observed after the breakout from C. 3. Future Projections: If the pattern holds, one might anticipate a similar breakout from the current consolidation phase around D, potentially leading to another 25% average increase in the price. However, it’s crucial to combine this with other technical indicators and market conditions for a more robust prediction. Potential Next Steps 1.Watch for Breakout Signs: Look for signs of breakout from the current consolidation phase at D. Indicators such as increased trading volume, bullish candlestick patterns, and moving averages can provide confirmation. 2.Technical Indicators: Use additional technical indicators to confirm the strength of the breakout. 3. Market Sentiment: Keep an eye on overall market sentiment and news that could impact Bitcoin’s price. Positive news could reinforce the bullish trend, while negative news might hinder the pattern. 4.Monitor Consolidation Breakout: Keep an eye on signs of a breakout from the current consolidation phase at D. Indicators like increased volume, bullish candlestick patterns, or moving average crossovers can provide confirmation. Final: The chart shows a consistent pattern of upward momentum following consolidation phases, with an average pump of 25%. If this pattern continues, Bitcoin might reach the projected targets of $83,000 and $90,000. However, it is essential to consider market conditions, other technical indicators, and news events that might impact Bitcoin's price to make informed trading decisions. Longby PHREDX2
BTC - Bullish 12HR BAT - Harmonic IDEAThere is a potential break down to 43k on BTC. This will be an incredible buying opportunity if it plays out. This is very a speculative idea but this will shake out every long for MM (and me) to go long at very low prices, relatively speaking. Many alt coins are showing major high time frame patterns that go lower to go higher later in the summer. Thanks for watching.Longby Jetki2
Spiderline 2.0It has become that time, Spiderlines were plotted from the 2018 bear market to 2019 pre bull. If you look at the chart now we have another setup ready to go. Pointed out by cryptoface spiderlines 2.0 are set. Here is the chart for you guys. Enjoy!Longby Psycho_1-11
BTCUSD Resistance Rejection ? 29.05.2024- Resistance rejection spotted on 30-minute BTCUSD chart. - If rejection holds, potential for downward movement. - If rejection fails, potential for upward movement. - Apply risk management Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350)by BDSwiss_Academy1
BTC Long PositionBTC has currently been following Dow Theory as successive HH,HL are being formed. My opinion is to take a long position if today's candle closes above yesterday's candle (69289.67) My trade plan is visible in the chart. 2 Entries can be taken. 1st: when it closes above 69289.67 price. 2nd: when Resistance 2 is broken (71317.10) Good Luck!!Longby Umair88Updated 3
BTCUSD Short: Completion of Wave 2Update to my idea previous where I mentioned that I expect a wave B down and then a wave C up. Now that I expect this wave 2 to have completed, it is time to short BTCUSD.Short02:51by yuchaosngUpdated 5
Right where we are supposed to be in the #Bitcoin cycle. Watch the calendar not the price. Hard to implement. But it's the only way to keep your sanity investing in #Crypto :) We have had double bubble's Parabolic tops marginally higher high, double tops what next a rising wedge top, triple top , a clean head and shoulders? all that we know , we must fear the euphoria and fade the crowd.Longby BallaJiUpdated 2211