BTC UpdateAppears to be going sideways for now, it's either a small bull flag or a big bear flag. Still not sure which. Upside target is 26k, downside is around 12.5k, so much more room to the downside than up.by hungry_hippo10
BTC UpdateStill looks like BTC is trending more with bonds than with the market Tomorrow will be the real test, I think employment numbers are going to be good, they'll pump the market and yields will rise. So let's see if it goes up with the market or down with bonds. Might buy some puts if it goes down tomorrow.by hungry_hippoUpdated 339
Bitcoin CME Futures (BTC1!), H4 Potential for Bullish RiseType : Bullish Rise Resistance : 24615 Pivot: 23500 Support : 22365 Preferred Case: On the H4, with price moving along an ascending trendline and bouncing from the stochastic support, we have a bullish bias that price will rise from our pivot at 23500 where the overlap resistance is. Once there is upside confirmation of price breaking pivot structure, we would expect bullish momentum to carry price to 1st resistance at 24615 where the swing high resistance is. Alternative scenario: Alternatively, price could drop to 1st support at 22365 where the overlap support and 61.8% fibonacci projection , 38.2% fibonacci retracement are. Fundamentals: Cryptocurrency markets on Thursday saw volatility , after experiencing fluctuations during the tensions between China and Taiwan on Tuesday and Wednesday. Major indexes like the S&P 500 , Dow Jones, and NYSE have shed a few percentages today, while the global cryptocurrency market capitalization lost 2.5% in 24 hours, dropping to just above the $1.1 trillion range. Precious metals, on the other hand, traded higher as U.S. president Joe Biden’s administration declared the Monkeypox virus a public health emergency in the United States.by Tickmill0
Bitcoin CME Futures (BTC1!), H4 Potential for Bullish RiseType : Bullish Rise Resistance : 24615 Pivot: 23500 Support : 22365 Preferred Case: On the H4, with price moving along an ascending trendline and bouncing from the stochastic support, we have a bullish bias that price will rise from our pivot at 23500 where the overlap resistance is. Once there is upside confirmation of price breaking pivot structure, we would expect bullish momentum to carry price to 1st resistance at 24615 where the swing high resistance is. Alternative scenario: Alternatively, price could drop to 1st support at 22365 where the overlap support and 61.8% fibonacci projection , 38.2% fibonacci retracement are. Fundamentals: Cryptocurrency markets on Thursday saw volatility , after experiencing fluctuations during the tensions between China and Taiwan on Tuesday and Wednesday. Major indexes like the S&P 500 , Dow Jones, and NYSE have shed a few percentages today, while the global cryptocurrency market capitalization lost 2.5% in 24 hours, dropping to just above the $1.1 trillion range. Precious metals, on the other hand, traded higher as U.S. president Joe Biden’s administration declared the Monkeypox virus a public health emergency in the United States.Longby Genesiv1
BTC is having a bearish div, expect this to start moving soonBTC can spike up into my 25200-28000 zone and then reverse with the markets down. When will it start moving I dont know, its in its own bear market cycle, dont expect this to be over till at least sometime next year My thoughts are these: - move up into the resistance zone of 25200-28500 - down to 14-15k - up back to 18-20k - Final 100% extension into the 10-11k zone before it bottoms. RSI is below 50, MACD is below 0 and diverging, no need to make it complicated Dont see any capitulation, but accumulation at the lows. Im a buyer at 11k+-by RealTima664
MICRO BITCOIN FUTURES (MBT1!), H4 Potential for bullish riseType : Bullish Rise Resistance : 24310 Pivot: 22535 Support : 20730 Preferred Case: On the H4, with prices moving within an ascending channel and bouncing off the ichimoku cloud , we have a bullish bias that price will rise from the pivot at 22535 where the pullback support, 50% fibonacci retracement , 61.8% fibonacci projection and 61.8% fibonacci projection are to the 1st resistance at 24310 where the swing high resistance and 161.8% fibonacci extension are. Alternative scenario: Alternatively, price could break pivot structure and drop to the 1st support at 20730 where the swing low support and 100% fibonacci projection are. Fundamentals: Due to the looming recession amid tightening monetary policy globally, we have a bearish view on the Bitcoin . We'll need to exercise caution for this setup because our fundamentals and technicals are not completely aligned.by Tickmill1
btcbtc is putting in a pattern btc is putting in a pattern btc is putting in a pattern btc is putting in a patternby Seanyboy1230
MICRO BITCOIN FUTURES (MBT1!), H4 Potential for bullish riseType : Bullish Rise Resistance : 24310 Pivot: 22535 Support : 20730 Preferred Case: On the H4, with prices moving within an ascending channel and bouncing off the ichimoku cloud, we have a bullish bias that price will rise from the pivot at 22535 where the pullback support, 50% fibonacci retracement, 61.8% fibonacci projection and 61.8% fibonacci projection are to the 1st resistance at 24310 where the swing high resistance and 161.8% fibonacci extension are. Alternative scenario: Alternatively, price could break pivot structure and drop to the 1st support at 20730 where the swing low support and 100% fibonacci projection are. Fundamentals: Due to the looming recession amid tightening monetary policy globally, we have a bearish view on the Bitcoin . We'll need to exercise caution for this setup because our fundamentals and technicals are not completely aligned.Longby Genesiv0
BTCUSDT✍🏻 played the role of resistance beautifully 🔰 Necessarily, all chats should not be filled Chats also play support and resistance roles For example, the previous chats in the areas of 33500 and 18500 had a supporting role for the return of the market.by MrHunterTradeInsight2
Bitcoin CME gives us levels to TRADE! Wow!📖 Bitcoin CME - specified gaps will be closed on 100%. Last big GAP was $18k. Is this the bottom of the market?Longby sholi_software2
BTC UpdateBitcoin appears to be trading with long term rates, not short term. Overlay is TLT. That explains why this Fed rate hike had no impact, long term yields went down overnight. Yields probably drop a little more so more upside for BTC but not much. Same for the general market and gold. No more predictive overlays because rates will stabilize in a couple of weeks. New pattern here, we'll probably see a sideways drift afterwards.by hungry_hippoUpdated 10
MICRO BITCOIN FUTURES (MBT1!), H4 Potential for bullish riseType : Bullish Rise Resistance : 24310 Pivot: 22535 Support : 20730 Preferred Case: On the H4, with prices moving within an ascending channel and above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 22535 where the pullback support, 50% fibonacci retracement and 61.8% fibonacci projection are to the 1st resistance at 24310 where the swing high resistance and 161.8% fibonacci extension are. Alternative scenario: Alternatively, price could break pivot structure and drop to the 1st support at 20730 where the swing low support and 100% fibonacci projection are. Fundamentals: Due to the looming recession amid tightening monetary policy globally, we have a bearish view on the Bitcoin . We'll need to exercise caution for this setup because our fundamentals and technicals are not completely aligned.by Tickmill0
MICRO BITCOIN FUTURES (MBT1!), H4 Potential for bullish riseType : Bullish Rise Resistance : 24310 Pivot: 22535 Support : 20730 Preferred Case: On the H4, with prices moving within an ascending channel and above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 22535 where the pullback support, 50% fibonacci retracement and 61.8% fibonacci projection are to the 1st resistance at 24310 where the swing high resistance and 161.8% fibonacci extension are. Alternative scenario: Alternatively, price could break pivot structure and drop to the 1st support at 20730 where the swing low support and 100% fibonacci projection are. Fundamentals: Due to the looming recession amid tightening monetary policy globally, we have a bearish view on the Bitcoin. We'll need to exercise caution for this setup because our fundamentals and technicals are not completely aligned.Longby Genesiv0
BTC is in clear downtrendExpecting the high in range of 25800 to 28500 Looking for a low in 14-15k zone, if we stretch down to 10k that would be a gift imoby RealTima448
Bitcoin CME WHALES buying Asset manager and institutions are closing shorts and opening longs in general! The Gap would like to fill! Longby SMCOFFICIAL1
Commitment of Traders Report from 19 to 26 July The CME report from Tuesday the 26th of July to Tuesday the 19th of July came out The reportable figures from the Dealers/Intermediaers (Exchanges/Brokers) and the Asset Managers/Insitutionals show negligible increases in Longs/Shorts BUT The SPREAD increase is nearly a 90% increase for said Exchanges/Brokers as well as a 62% increase in spreads for Asset Managers/Institutionals A simple way of understanding Spreads: A higher (wider) spread means there is a bigger difference between bid-ask (buy-sell) prices whereas a lower (more narrow) spread means there is a smaller difference between bid-ask (buy-sell) prices tighter spreads are a sign of greater liquidity, while wider bid-ask (buy-sell) spreads occur in less liquid or highly-volatile stocks Because of this - The current upwards move seems to be less volatile than the previous down move Theory - Exchanges and Institutions bet heavily on the current low volatility upside moveby TrendmasterOfficial11
CME gaps higher before lower Last CME gap to be filled We attacked lower sub 20k over weekend Now it's cleared on the channel to fill with out going outside of the channel 27,400 is the next then the one above that Watching daily RSI to stop from going sideways Will flow with relief bounce if we get it week started today and will be updating idea by bryptobroUpdated 3
MICRO BITCOIN FUTURES (MBT1!), H4 potential for bullish riseType : Bullish Rise Resistance : 25360 Pivot: 22500 Support : 20750 Preferred Case: On the H4, with prices moving within an ascending channel and above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 22500 where the pullback support is to the intermediate resistance at 24275 in line with swing high resistance and 61.8% fibonacci projection. Once there is upside confirmation of price breaking intermediate resistance, we would expect bullish momentum to carry price to 1st resistance at 25360 where the pullback resistance, 50% fibonacci retracement, 127.2% fibonacci extension and 78.6% fibonacci projection. Alternative scenario: Alternatively, price could break pivot structure and drop to the 1st support at 20750 where the swing low support, 61.8% fibonacci retracement and 100% fibonacci projection are. Fundamentals: Due to the announcement by the Federal Reserve that it was raising interest rates by 0.75 percentage points, we have a bullish view on Bitcoin.Longby Genesiv0
BTC1! two gaps to closeBTC1! is in falling wedge at falling channel support after printing a diamond pattern on the CCI. RSI in a descending channel and bouncing of support. Breakout of the falling wedge has a measured move of 39.8k which will close the two gaps at 28.8k and 35.6k. Longby nagihatoumUpdated 2211
BITCOIN Key Levels! Analysis! Hello,Traders! BITCOIN is going up on the news suddenly So we have a key horizontal level above As the nearest resistance, from where One might be expecting a pullback. The nearest demand level is the local support below That might yield a local rebound should it be retested Albeit with lower probability so watch for the reversal signs closely And IF it gets broken the last stronghold at this price range Is the horizontal support at around 18885$ A rebound from that level has a high probability So in case of the retest prepare to go long Sell! Like, comment and subscribe to boost your trading! See other ideas below too! Shortby TopTradingSignals7710