BTCUSD 24/6/24 60k-62k is significant zoneBTCUSD 24/6/24 60k-62k is significant zone Have rejection above 60-62k can look for buy. by GoldInsightsHub1
BTC DailyAs we published last week, BTC is heading towards the 60k level and possibly lower. We have identified and marked the trade zones on the chart for your reference. Stay tuned for further updates and follow Swing Master for precise trading insights and strategies! 🌟Shortby Lamassu_Trade1
BITCOIN FAIR PRICE Until until July 12. #BTCUSD : $64,247BITCOIN FAIR PRICE Until until July 12. #BTCUSD : $64,247 Overbought (sell signal) above: $66,289 Oversold (Buy signal) below: $62,204 by b876541
short-run decrease - long-term increaseBTC is likely to decline over the next 12 months. However, after an estimate 2022-09-11 date, it is very likely to being increasing based off off the extended long-run historical data and trend.Shortby day0Updated 151552
bitcoin 40,000 soon ALL trading ideas have entry point + stop loss + take profit + Risk level. hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below. DisclaimerShortby bullstraders71
BTC - the indicator nailed another turnMy new Impulse Master indicator keeps nailing any turn in BTCLongby CastAwayTrader1
BTC perto de explodir...Região importante para os compradores de BTC, apertem os cintos...Longby brunokinzel1
BITCOIN: Interest Rate Unchanged - What's next?The interest rate remains unchanged while the BTCUSD price is struggling at a trend resistance. The Fixed Range Volume Profile confirms the strong resistance at $69.5k. BTC is now aiming for lower highs (confirmed today) and lower lows, with the next short-term support being located at $64k. My short position is open. Cheers, AresShortby ARESABIUpdated 1113
BTC HALVING - What will happen? Historically, Bitcoin halvings have been associated with price increases in the past. Supply Reduction: Bitcoin halvings reduce the rate at which new Bitcoins are created, effectively reducing the supply. Historically, this reduction in supply has led to upward pressure on the price as demand remains relatively constant or increases. Halving Anticipation: Many investors and traders anticipate Bitcoin halvings, and this anticipation can lead to increased interest and buying activity leading up to the event. The "buy the rumor, sell the news" phenomenon can contribute to price increases before the actual halving takes place. Historical Patterns: In the past, Bitcoin has experienced price increases in the months leading up to and following a halving event. While this historical pattern doesn't guarantee future gains, some investors may use it as a basis for their investment decisions.Longby MiguelFTCuradoUpdated 114
2024-06-18 - a daily price action after hour update - btcGood Evening and I hope you are well. bitcoin comment: Laid out my plan in my weekly post, so check that out if anything is unclear here. Market is forming another bear wedge which could break above again for another pullback. I expect the pullback to be weaker than the one to 67000 and it could stay below 65000 if this is uber bearish. If bulls are tough, we could see 66000/66300 again. In any case, I expect this to continue downwards to at least 61000 in the near term. Decent chance we wont see 70000 for couple of years. current market cycle: Trading Range / on shorter tf it’s a weak bear trend, see channel on chart key levels: small range 63000 - 67000 / big range 56000 - 74000 bull case: Bulls trying but it’s a STR market and bears mostly staying below the 1h 20ema. Bulls want another pullback like Monday for 2000 points but they would need follow through afterwards. Bears used it to sell even more aggressively for new lows. First bull target is 65000 and then 66000. Invalidation is below 63500. bear case: Bears in full control here. Their main goal is to break below all lower bear trend lines and below 63500 for a freefall to 60000/61000. I expect bears to continue to sell every rip. That has been working for 8 days now. Invalidation is above 66000. short term: bearish and sell the rips. 61000 soon. 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. trade of the day: Only good if you trade the asia session or shorted yesterday’s high. 67000 was resistance since late Thursday so shorting there was decent. Was good for 3000 points but if you were asleep or not short, second best trade was a short near the 1h ema at bar 11.by priceactiontds1
BTC Consolidation "Schedule" Ok so first, we all know the markets wont follow this "schedule"...but here's my theory on a potential timeline based on an ABCDE count that may play out as a triangle or a falling wedge. Trade smart & buckle up for the ride! by MtGoxFX1
$BTC Daily UpdateCRYPTOCAP:BTC #BTC Broke below $66,323 key support as expected, currently testing $65,073-$65,521 area. RSi on 1D dropping, $64,344 next key support from here to watch as of now, Previous daily close showed some strength, $68,546 support much needed. Watch Given S/Rby limitlessnash1
BTC Fear Maxxing 🚨 Market Update: Mt. Gox Trustee to Commence Bitcoin and Bitcoin Cash Repayments in July 2024 🚨 Fresh news this morning about the Mt. Gox Trustee starting Bitcoin and Bitcoin Cash repayments in July 2024 has injected new fear into the markets. As a result, BTC has dipped below $61k. 📉 Chart Analysis: - I was monitoring the H8 demand area, which had been holding up the price for several days. - An E9 Whale signal appeared, but was quickly invalidated by a Bearish Engulfing candle. - After a low liquidity weekend, this news drove the price directly into the Weekly 21EMA, another key H8 demand area from mid-May, where traders had previously pushed BTC back into the $72k supply area. - Using a Fibonacci tool from high to low of the fixed volume tool, we see a Golden Pocket in this area. - The MFI and OW Oscillators are bottoming out across higher timeframes (H4 - D1). These levels haven't been this low in a while. Stay tuned for more updates! 📈🔍by TraderE9Updated 1
BTC ScalpBTC is heavily oversold on the 4HR. Price bounced off of an important support, as well as dead on the longer term .618 fib from ATH. 1HR is also extremely oversold. Daily is not quite there, so I'm not sold on a full on reversal, most likely I expect a bounce up to the .618 fib from this most recent drop, and then a continued sell off until the daily RSI is significantly oversold as well. Longby chlorineUpdated 1
Play the bounce GAME BTC Looking for MAJOR UPSIDE HERE!!! Big Bounce incoming!!! COINBASE:BTCUSD CRYPTOCAP:SHIB COINBASE:ETHUSD Longby EMPIRESTATE141
BTC is dumping Hello, dear friends! Bitcoin has started to decline in price, even though other markets are showing solid growth. What do you think is causing this to happen? Here are some possible reasons: 1. Macroeconomic Factors 🔴Inflation and Interest Rates: Increases in interest rates or changes in inflation expectations can reduce interest in high-risk assets like cryptocurrencies, including Bitcoin. 🔴Regulatory Changes: Changes in cryptocurrency regulations in major countries can create uncertainty in the market, leading to selling. 2. Market Dynamics 🔴Post-Growth Correction: After a significant price increase, a correction often occurs as investors take profits, leading to a price decline. 🔴Sales by Large Holders: Movements by large wallets or "whales" selling their assets can put significant downward pressure on the price. 3. Technical Factors 🔴Technical Levels and Patterns:Breaking important support levels or completing technical patterns can trigger a wave of selling. 🔴Algorithmic Trading: Algorithms set to react to certain signals can initiate mass selling, amplifying the decline. 4. News Environment 🔴Negative News:Negative news about exchange security, hacks, or fraud can undermine investor confidence and cause selling. 🔴Statements by Influential Figures:Statements from major investors, regulators, or other influential figures about negative prospects for Bitcoin can affect market sentiment. 5. Investor Behavior 🔴Fear and Uncertainty:Panic among retail investors due to negative news or price declines can lead to mass selling. 🔴Profit-Taking: Investors deciding to lock in profits after a significant rise can initiate selling. 6. Cryptocurrency-Specific Factors 🔴Scalability Issues:Network issues with Bitcoin, such as high fees or slow transactions, can reduce its attractiveness. 🔴Competition:Increased interest in other cryptocurrencies (altcoins) can divert attention and funds away from Bitcoin. Each of these reasons can contribute to the current price dynamics of Bitcoin. Sometimes, it is a combination of several factors acting simultaneously that causes the price decline. What do You think is the main reason for the current decline? Did I forget to mention any other reasons? Thanks for Your attention. Sincerely Yours, Kateryna💙💛 Shortby RocketBombUpdated 7721
BTC Short ideaNon financial advice. Think the last support for BTC its between 62.5-61.5k. Then the only way its up. Small rejection around 68k, biggest one arhound 72-73k. If we go through those zones, we will reach 80k soon. Best,Shortby DonSiiimon2
BTCUSD BUY (80k soon!!)Hi fellow traders, BTCUSD will be ready to make a move higher from the blue box after it completes the flat correction. Target the 79219.46 level. Good luck and trade safe!Longby OGwavetraderUpdated 3
History never repeats itself, but it does often rhyme.Max fear this month. If history rhymes good we can see some relief in January. Gonna leave this idea to see how it is going after 2 years. Happy New Year! Cheers!by badblo0dbgUpdated 11
Bitcoin (BTC): Monthly Opening / Pushy Market / Fakeout To 50K?First week of the new month is here and we are seeing some upward momentum here, pushing the upper resistance zone (potentially going for a fakeout). We are looking at current zones, which are $69-71K which are a huge point of interest for us for a potential fakeout zone right there. But this is not mandatory, as we are near correction phase where accumulation has already happened and is about to end and now that Bollinger Bands upper and lower lines are tightening, we see a good chance for breakdown to happen soon. As you all know, we have major target zone, which is $50K, so let's see if June will be the month for it 😉 Swallow Team Shortby SwallowPremiumUpdated 9
Jun.11-Jun.18(BTC)Weekly market recapAfter the CPI data released by the Labor Department last week showed that inflationary pressures further eased in May, BTC and US stocks rebounded significantly, covering the decline caused by the previous employment data. However, in the subsequent FOMC, the dot plot showed that the median number of interest rate cuts this year was one, which was lower than the market expectation of two. And at a later press conference, Powell said that inflation had further eased, but was still higher than planned. This takes into account the CPI. The markets fell on the news High market sentiment was cooled. In the next half month, crypto continued to fall as the main trend, and during this period, there may be a rebound due to the listing of the ETH ETF. The trend will maintain until economic data of June is released. BTC has fallen with fluctuation in the past seven days and missed the opportunity to refresh ATH, but its performance was stronger than most tokens. It can be seen from the WTA indicator that after the CPI data was released, blue columns representing whales participated in transactions. The rate of decline slows down. Trading volume is consistent with the past. The ME indicator continues to maintain a bullish trend, and the wavy area further narrows. To sum up, we believe that BTC will continue to lead the market correction in the short term and remain fluctuation in the medium term. We maintain our original resistance level 74000 and support level 61000. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.by Sypool1
Bitcoin might reach 90,000 before..17/June/24BTCUSD currently probably at wave (B)(Green), a second leg an expanding flat pattern (A)(B)(C) (Green) in wave B (Yellow Circled). by SteveTan112