The bottom is in! It is always funny to invert charts and see if you find the pattern compelling for a buy. If you find both the normal and inverted charts compelling, perhaps you shouldn't trade that day.by st4ndard0
US Spot BTC ETFs Garner $887m in Day, BTC approaches 72k BTC price approaches $72K: The price of bitcoin surged to nearly $72K on Wednesday after US spot bitcoin ETFs recorded their second highest single day of net inflows. President Biden vetoes a bipartisan resolution aiming to reverse an SEC rule on crypto custody services: The White House said the resolution would “jeopardize the well-being of consumers.” Robinhood buys exchange: Robinhood announced Thursday it has agreed to acquired Bitstamp, a European crypto exchange, for around $200 million. MicroStrategy and its chairman Michael Saylor have settled tax fraud allegations for FWB:40M : The company’s stock subsequently jumped more than 3% on Wednesday; the company maintains nearly FWB:15B in BTC holdings. Changpeng "CZ" Zhao, founder of Binance, started a four-month prison term in Santa Barbara, California: CZ admitted to violating the Bank Secrecy Act (BSA) in November. Shares in GameStop surged 21%: Keith Gill, "Roaring Kitty," revealed a $116M stake in the company, driving renewed investor interest and trading activity. 👤 Topic of the Week: What does KYC mean for crypto? 👉 Read more here by Gemini0
BTC New ATHBTC Reach To his Strong Liquidity Level On 67500 All set Up and This Week can hit New ATH Longby amp1991Updated 2
Finally the end of the bear, start of the bull?Hello hodlers, hello traders, i used the same title back in 2020: And " searching the bottom " is finally over. My last update was like: " Third time this year, we try to get above 30k. Until proven otherwise, we are in a bear... " Dont get me wrong! It is possible & will be in the future... Even if we are in the bull now, we could see big retracements! I show in this chart a potential time and price for our next sell zone. Last time after the breakout it took 44 weeks. This is where the red box is starting. Last time we hit the FIB 2.618 level and more. But we now, every time it will be less explosive. I slowly will start at FIB 1.618 with my sells. How you already filled your bags, but if not. Dont buy now, after several green weeks in a row. Wait for the next 20-40% correction. Good luck everybody!Longby Crypto-Coin-TraderUpdated 7
$BTC Analysis JUNE 07, 2024 CRYPTOCAP:BTC Analysis JUNE 07, 2024 BIAS: - Mid-Term: BEARISH - Short-Term: BEARISH Summary: On the H4 timeframe, CRYPTOCAP:BTC has been rejected from its horizontal resistance level between $71,515 and $70,692. It is expected to move into the FVG gap level marked between $70,104 and $69,181. Main Interest Levels: - SHORT: $71,990 - LONG: $70,692 Predicted Daily Range: $73,937 to $62,994 Action Plan: After being rejected from its horizontal resistance, CRYPTOCAP:BTC is forming a lower high leg before moving downward. On the H1 timeframe, CRYPTOCAP:BTC has broken down its neckline level and is currently retesting above it. A downward movement is anticipated from this point. Psychology, discipline, and capital management are the three essential factors for achieving victory. If you find our analytics valuable, please show your support by liking and commenting. Your engagement is greatly appreciated!❤️ Trade Wave.by tradewave10
Bitcoin 80000 Very Soon The support of $56000 (coinciding with the 0.618 Fibonacci level) reached in April has proven to be solid and at this moment Bitcoin is aggressively attacking a dynamic resistance created by its historical high of $74000 which meets other peaks previously created around the price of $72000. At this moment in the OrderBook there is considerable liquidity at the $72,000 level, approximately 3,000 Bitcoins. Subsequently it is possible to still notice a lot of liquidity in the immediately following levels, an indication of stop liquidity probably for Long orders. There currently appears to be no liquidity near the all-time high of $74,000. Personally, I remain bullish in the very short term and, as indicated by the Fibonacci extension plotted on the chart, Bitcoin's next target is $80,000Longby VinchEz1
BTC to 76k and down before golden bullBefore we head down to grab liquidity, there is more money to be made above recent ATH. Imo we will see a big correction f around 45% before we step into the golden bull phase. by Flying_Dutchman_690
Bitcoin: JUNE 7TH, 2024Hello dear traders. Hope you're doing ok. This is my #btc expectation in the short and mid term. Let's get down to the nitty-gritty of the PA. Price MIGHT take out yesterday's low, fill the FVG, and then continue the upward momentum. If not, we'll move towards the clean highs at the top of the range, and the PA will be of significance there. I will definitely exit my long, especially if I see a major push with high volume, and monitor the price. Acceptance back into the range will be a short trigger towards some lows around 68500 and 66K. That will be the ideal scenario to long again towards some dizzying heights. However, if price manages to maintain above the range high, and form structure, I will begin to consider longing. Momentum EMAs have shaped up nicely, and I assume we'll pick up pace soon. If you find the idea useful, please like, share, and subscribe for more updates. Good luck trading!Longby Trader_Nebula2
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
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
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
(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 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
$BTC TOWARDS $80,000 ?👨🏻💻 CRYPTOCAP:BTC /USDT #BTC has reached a strong daily resistance level that has been a barrier since March, despite the overall bullish trend, raising expectations of a potential retest of support📉 A short-term pullback to a key support level at 69,500 is expected👨💻 BITSTAMP:BTCUSD - - - - - - - - - - - - - - - - - - - - - - Follow #CryptoEase and Share it With Your Crypto Mate 😉Longby CRIPTOEASE3
BTCUSD gearing up for big moveIn this chart you see a clean display of engineered liquidity above the current price. For the past two months price action has been really boring, but some necessary moves where made. The liquidity below the price has been taken, which corrected the market in a healthy manner. Now there's a very clean visual of liquidity above the current price. When Bitcoin starts its energetic move, it will be big. My targets are between US $84.000 and US $86.000.Longby Arriyan1