BTCUSD Sell OffYou know what time it is when I make a callout! Sell Off Time!!!! _SnipeGoat_ _TheeCandleReadingGURU_ #Like #Share #Subscribe #PriceAction #MarketStructure #TechnicalAnalysis #Bearish #Bullish #Bitcoin #Crypto #BTCUSD #Forex #DayTrader #SwingTrader #PositionalTraderShortby TheeSnipeGoat1
BTC PERPPETUAL TRADE , Sold at $65,520BTC PERPPETUAL TRADE BTC SELL SETUP Currently $65,560 Sold at $65,520 (Trading plan If BTC go up to $66,400 we will add more sell) Expecting target $64,150 0R DOWN Incase of early exist will update this anaylsis Its not a Financial Advice Shortby salahuddin20041Updated 1
BTCUSDV/T RATIO = MA (7) of Log ((THE TOTAL VOLUME OF BITCOIN TRANSFERRED ONCHAIN IN USD)/(THE TOTAL AMOUNT OF TRANSACTIONS) The above description is taken from the cryptoquant and account ghoddusifar Of course, the path will not be so easy, there are many ups and downs ahead by mohamad7006Updated 2
BTCUSD, RSI negative divergence on monthlyIf we look at 2021, RSI had divergence negative like today. In my opinion, price could fall to 44.000 eur in next mid term period. In year 2021 price falled 70% to 15.000 eur. FED didn't decrease interest rate and coin market is falling now, more altcoins then Bitcoin. And the most important thing, everyone is bullish and that means anything but bullish.Shortby MladenJelic1
PlanB is wrong - Elliot waves count provesAccording to my waves count PlanB is wrong. The top of previous bull market was in November of 2021. The vertical blue line on the chart is start of the intermediary grade of bull market. This is proven by wave equality rule - the May 2021 decline was a 4th wave, and the June 2019 decline was a second wave of intermediate degree. This proof is also verified by the Elliot rule - the third wave cannot be the shortest. In fact, the third wave of previous bull market was an Extension of intermediate grade (in terms of Elliot waves principle). Thus, the entire 2023 action was just a stretched B wave of a Bear market. You can see the labeling on the chart by yourself. Good luck in your trading and have a massive profit!by dogecoin_chain0
Bullish 3 driveNice sweep of lows, bullish divergence & absorption while stonks look strong and dollar selling off. Aiming for previous highsLongby Btc_y_tho0
UPDATE New update from previous published chart. New Trade after being stopped out. BOUGHT: $64979 STOP: $64477Longby paperb0y0
BTC/USD Hidden Bullish RSI Divergence on Weekly ChartPromising looking hidden RSI divergence on BTC's weekly chart following the recent dip back into the wedge pattern. Suggests we may see a strong breakout here soon (next few weeks or so). If you want to see how these can play out, check out the recent Terawulf breakout (ticker: WULF). Similar hidden RSI divergence on the weekly right before the surging breakout above $4. Let's see what happens! Longby RSI-Guy0
BTCUSD: 1D caught in broadening wedgeAs above. Broadening wedge looking in paly for BTC price action on the daily chart and looking bearish in the near term. Watching for continued supports and resistance levels and any bearish or bullish breakout of upper and lower trend lines of the wedge. Will follow. Good luck traders! by AmbassadorjUpdated 1
A Future PredictionHello, I drew this a while back. Using the Big Boon I tried to create a predictive chart that outlined a general trend. Let me know what you think.by JScottFischer0
BTCUSD Support Rejection At $65043.95 18.06.2024BTCUSD: Support rejection at $65043.95 on 1-hour chart. If rejection holds, target $66541.18; next target $67716.69 if $66541.18 is breached. If rejection fails, expect a drop to $63140.85; next target $60720.00 if $63140.85 is breached. 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) DisclaimerLongby BDSwiss_Academy0
BTC Halving + 546 Days LaterIntroduction In this technical analysis, we delve into the significance of Bitcoin halving events and their impact on market cycles. Specifically, we will examine how the Bitcoin market behaves within 546 days following a halving event, using two critical indicators: the MVRV Z-Score and the Hash Ribbons. These tools will help us identify optimal areas for derisking and dollar-cost averaging (DCA) out during bull markets and recognizing risk-on zones and DCA opportunities during bear markets. Bitcoin Halvings and Market Cycles Bitcoin halvings, occurring approximately every four years, reduce the block reward miners receive by half. This event is historically significant as it has often preceded substantial bull runs in the cryptocurrency market. By analyzing past halving dates and their subsequent 546-day periods, we can gain insights into the likely progression of the current market cycle. Key Indicators MVRV Z-Score The MVRV Z-Score is a powerful tool for identifying market tops and bottoms. It compares the market value (MV) of Bitcoin to its realized value (RV) and normalizes this ratio using standard deviations. This indicator provides clear signals for accumulation and profit-taking phases. Accumulation Zone (Below 0.2 Range): When the MVRV Z-Score drops below 0.2, Bitcoin is considered to be in the accumulation range. This indicates undervaluation, making it an opportune time for investors to accumulate Bitcoin. Profit-Taking Zone (4 - 7 Range): When the MVRV Z-Score rises above the 4 to 7 range, the market is nearing the end of its bull cycle. Investors should consider taking profits during this phase. Major Top (7 - 10 Range): An MVRV Z-Score in the 7 to 10 range signifies a major market top. This is a critical area for derisking and DCAing out of positions, as it indicates an overheated market. Hash Ribbons The Hash Ribbons indicator is based on the 30-day and 60-day moving averages of Bitcoin's hash rate. It identifies periods of miner capitulation and recovery, which are pivotal for understanding market sentiment and potential price movements. Accumulation and Aggressive DCAing: A confirmed Hash Ribbons "Buy" signal, especially when the MVRV Z-Score is below 0.2, signals a prime accumulation period. Historically, this strategy has yielded average returns to the cycle peak of over 5000%, with a maximum drawdown of -15%. The most favorable buy signals occur when the hash rate recovers, and price momentum turns positive. Current Market Outlook The most recent Bitcoin halving occurred on April 19, 2024. Looking ahead, 546 days from this date lands on October 17, 2025. Within this period, we will closely monitor the MVRV Z-Score and Hash Ribbons indicators to guide our investment strategy. Conclusion By combining the insights from the MVRV Z-Score and Hash Ribbons, investors can better navigate the volatile cryptocurrency market. These indicators provide valuable signals for accumulation during undervalued periods and for derisking as the market approaches its peak. As we approach the next significant date in October 2025, staying vigilant and responsive to these indicators will be crucial for maximizing returns and managing risks. Disclaimer This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency investments are subject to high market risks. Always perform your own research and consult with a professional financial advisor before making investment decisions. Keys: Green vertical line: shows HR buy signal after the 546 days of the halving, with the MVRV Z-Score below 0.2 range. Purple vertical dashes: shows when the MVRV Z-Score is between the 4-7 or 7-10 ranges within the 546 days after the halving indicating potential tops.Longby alcoholic-semen-thrower0
Shortmarket proves us wrong, then follow the price, short, and manage the risk. Hope someone buy the put option of coinbase,hh. Shortby Gilbert09670
BTCUSD longtermAs I mentioned in my previous few post for longterm, we are in the pretty much overbought zone. If we still believe in Bullrun, at last, we should wait for CRSI in weekly TF to bottom out first. Please ignore the buy Active table, it was only meant for the 4H timeframe and below. Previous post: by Skyito1
btc short term 4hr - 15min stuffbit coin is going to do stuff between those lines i think. I hope this is enough to post. down then up is how it usually goes. by StudyGuideTA110
$BTC Short Term PlayThis is my idea about CRYPTOCAP:BTC short term, please be cautious as we approach the halving date. I didn't enter in this trade, this is just an idea. * This is not FA and please DYOR. Longby SakozaUpdated 7
BTC.........Is it Accumulation or Distribution?????Price is with a range from 72k to 58k, with price pushing lower and trading within the 66k lvl. With the FED holding rates at 5.50% and signaling that it may hold rates at current lvls for longer, it is hitting the crypto market. There is a lot of self-fulling prophecy out there about when the FED will cut rates, with some looking at the timeframe being in September. There is a FED rate decision in July which could set the stage for the September Rate Decision. Before then, the FOMC Minutes will be coming out, along with another NFP and inflation rate reading. With traders and investors wanting to see some reprieve and a stronger FED Dot Plot pointing at 2 or more rate hikes for the year, a lower printing on the NFP and inflation and a slowing economy, will give some cheer to the market and push BTC higher. But on the other side, strong economic printing and inflation stagnating and staying where it is at or rising, will likely sweep the legs of crypto and cause price to fall. The US economy (whether you believe so or not) data is showing that there is no need to start reducing rates as of yet. GDP is around 3%, unemployment isn't to bad. Wage Growth is still up there near 5%. Inflation is still above 3% and the FED is reducing its balance sheet. The technicals are showing mixed data which could keep price from finding a trajectory until a solid catalyst comes out. The daily chart is showing price is form either a cup and handle or a double top. If the cup and handle pattern is correct then some type of strong catalyst came out (likely the NFP printed a extremely weak number, inflation dropped considerably, a string of bad US economy data) and had enough force to break out of the very strong 72k resistance. If that resistance is broken with enough force to push it up to 75k pretty quickly, there isn't much to stop it. But if the double top is correct, then price will likely push to the 62k and test the 60k a few times before breaking below it. If the 58k is broken and price is able to hold at the 57k for a few days to a week, then price will likely drop further, below the 55k. Data is going to be the driving point for what price will do. If data keeps printing good and bad, then it will likely cause confusion for traders and investors and they will likely take the course of exiting. There are some prominent players out there like Michael Saylor (MicroStrategy) and other advocates of BTC (Robert Kiyosaki) that are likely to stay in and potentially keep price from tumbling greatly; but it still depends when the masses and hedge funds want to start piling in. I am thinking that if BTC does drop and hits below the 55k, there is likely to be a huge spike in buying up BTC as the self-fulling prophecy will be strong. The catalyst is likely to be when the FED will start reducing rates as eventually the economy will need some assistance. But the real question, is if the economy does push into a recession, will there be another case of QE and Stimulus pushed out (bailouts) if inflation is still around 2.5%-3%? Either way, I am still building a position on BTC even if it pushes below the 50k lvl.Longby DollarSaenz0
BTCUSD buyLets play we are in for a buy buy limit set, lets see what happensLongby Billionairegroup_co1
Crucial Week for BTC: Economic Data and Rate ImpactsAs Bitcoin enters a crucial week, macroeconomic events and Federal Reserve interest rate decisions play a significant role in determining Bitcoin's price trajectory. With a strong support level maintained at $66,000, there is an opportunity to buy if prices continue above this level. The Federal Reserve's conservative forecasts reduce the likelihood of a rapid interest rate cut, necessitating caution but providing a buying opportunity at strong support. Bitcoin's behavior in the near term is likely to be influenced by its ability to maintain the $66,000 level. A continuous break below this level could lead to further sell-offs, while maintaining it could attract buying interest, especially if macroeconomic factors remain favorable. Given the current levels and potential volatility, it is best to closely monitor price movements, especially how they behave around the $66,000 support and the $72,548 resistance. If you are looking for entry points, consider buying near the $66,000 support level if other signals align (such as a bullish RSI divergence or increased buying volume). The RSI is around 42, which is below the neutral 50 but above the oversold threshold of 30. This indicates that the market is not in a significantly oversold state, and there is potential for an upward move if investor sentiment improves. Setting a stop loss slightly below $66,000 could help minimize risks in case of a breakdown. Profit-taking near the resistance levels ($69,446 and $72,548) can be considered, or holding part of the position if the price breaks above these levels with strong trading volume. Recent Consumer Price Index (CPI) and Producer Price Index (PPI) data support high-risk assets like Bitcoin, showing a continued inflationary trend which may delay the Federal Reserve from making drastic interest rate decisions. Given the volatility of digital currencies, make sure to hedge your portfolio and diversify your investments to reduce risks. This week could be crucial for the future of Bitcoin's price and the digital markets in general.by bbitar1
A painful path option for BitcoinI keep trying to imagine what a very painful scenario would be that few are prepared for. I could see BTC linger in this "handle" right around the election. Then depending on who wins it might soar (Trump) or break down for a longer period (Biden). I'm not making a prediction, just an observation. The wait could be a bit shorter if it somehow becomes painfully obvious who the winner of the election is and people try to front-run it. Also, such a prolonged consolidation till Nov just looks right in terms of time proportion to the cup's base. 🤷 Such a scenario would sure be hurtful for altcoin holders, who might run out of patience and sell, which would be the precursor for going higher. by vcm0600
correction It is expected that the continuation of the corrective and fluctuating process will be formed according to the specified paths. If the price above the support trend line stabilizes, the probability of the formation of an upward trend will be higherShortby STPFOREX0