BITCOIN BULLS ARE BACK !Referencing my chart, its imperative for bitcoin to make new highs. 75000 is the next price for TP. The price has the answersLong05:42by VISIONARYFOREX3
Bitcoin's Path to $90,000: Analyzing the Head and Shoulders PattIn the daily timeframe, Bitcoin is forming a significant head and shoulders pattern, suggesting a potential target of $90,000. Historical analysis highlights a seasonal trend that typically initiates bullish momentum for the leading cryptocurrency during this period of the year, a trend observed consistently over the past decade. Moreover, historical data from previous halving events indicates that Bitcoin's price tends to surge by approximately 125% in the year following a halving. Given Bitcoin's starting price of $44,000 at the beginning of 2024, a similar increase would propel its value to around $99,000. Should this halving event mirror past impacts, Bitcoin could approach the $100,000 milestone by the end of 2024. However, an additional factor influencing Bitcoin's potential upward trajectory is the potential introduction of spot Bitcoin exchange-traded funds (ETFs). These financial products could attract significant institutional investment, further bolstering Bitcoin's market value beyond current expectations. Overall, with the combination of technical patterns like the head and shoulders formation and historical trends from halving cycles, coupled with potential catalysts like Bitcoin ETFs, the outlook for Bitcoin in 2024 appears promising for investors eyeing substantial price appreciation.Longby FOREXN1114
Aug 1st D-DAYBitcoin is about to go nuclear and the due date is August 1st. I expect the launch to start sooner but if it isn't over my target line by August 1st then I can only assume we aren't going to supercycle and 80k is the top. Brace yourself.Longby JasonValiceUpdated 3
Bitcoin's Impressive Trajectory and the Road to $100,000Over the past 15 years, Bitcoin has consistently exceeded projections and expectations. In just over a decade, its value has surged from mere pennies per coin to over $50,000 by 2021, capturing global attention. As of June 2024, Bitcoin's price hovers around $70,000, with the next major milestone being the highly anticipated six-figure mark. While reaching $100,000 may seem ambitious, historical trends suggest it's increasingly likely. The pressing question remains: When will Bitcoin surpass the $100,000 threshold? Could it happen in 2024? Any prediction regarding Bitcoin's future is inherently speculative, but such speculation encourages us to evaluate long-term developments in the investment landscape. To forecast Bitcoin's performance, it's crucial to consider trends related to its halving events. A halving is a pre-programmed occurrence approximately every four years that halves the reward for mining new blocks, forming the basis of Bitcoin's monetary policy. This mechanism decreases the rate at which new bitcoins are created over time, contributing to its scarcity and historically driving price appreciation. Bitcoin's most recent halving in April 2024 reduced its inflation rate to just 0.85%. Examining previous halvings reveals that Bitcoin's price typically increases by around 125% in the year of a halving. Starting from a price of $44,000 at the beginning of 2024, a 125% increase would place Bitcoin at $99,000. If this halving has a similar impact as previous ones, Bitcoin should be close to the $100,000 mark in 2024. However, there's another variable to consider that could boost Bitcoin beyond this threshold: the introduction of spot Bitcoin ETFs. Historically, Bitcoin's rise was driven mainly by retail investors. With the advent of spot Bitcoin ETFs, institutional investors can now accumulate Bitcoin without regulatory or custodial concerns. This new vehicle for Bitcoin exposure is already making an impact. In February, ETFs were purchasing Bitcoin at a rate 10 times the daily production rate, pushing its price to a new all-time high. Although the buying rate has cooled, it’s likely just the beginning. If buying resumes at those levels post-halving, ETFs would outpace Bitcoin's daily supply by 20 times. 2024 is shaping up to be the year Bitcoin could reach $100,000. With its price around $70,500 today, this represents a potential 40% gain. However, it’s important to note that Bitcoin often sees its most significant gains in the year following a halving. Historically, Bitcoin has soared by more than 400% on average in the post-halving year. If Bitcoin doesn't reach $100,000 in 2024, 2025 remains a strong possibility. Whether it happens this year or next, ongoing halvings, increasing adoption, and institutional involvement make a compelling case for Bitcoin to continue surprising us for years to come.Longby FOREXN1114
Control of EmotionsTrading in the cryptocurrency market often resembles a marathon where everyone aims to be the first. Unlike running, where there's only one winner, multiple traders can succeed in the crypto marathon. However, success in trading involves serious psychological work, which we'll discuss today. Everyone aspires to achieve their goals and be successful. Beginners in any field need to go through a learning curve, gradually honing their skills. The crypto market is not about luck; it requires constant self-improvement, learning from mistakes, and analyzing actions. The psychology of crypto trading involves a set of rules, methods, and actions to ensure successful trading, profit-making, and minimizing unavoidable failures. A professional trader approaches trading with a focus on results and a realistic assessment of risky situations. Financial success, in the form of net profit, is the ultimate goal. Let's explore the basic psychological tools used by professionals for successful trading: Always at Hand The whole world of cryptocurrencies is in your pocket. Don't Think About Defeat When starting a trade, don't focus on potential losses. Such thoughts set you up for failure from the outset. Be confident and avoid dwelling on the fear of making mistakes. While mistakes will happen, treat them as valuable lessons and continue improving your trading skills. Visualize Although not a scientific method, psychologists emphasize the importance of visualization. By visualizing success, you can block out fears of making mistakes and focus on achieving your goals effectively. Visualize yourself executing your strategy professionally and accurately, then act accordingly. Be a Recluse Cryptocurrency trading is a solitary activity. Ignore other people's opinions and avoid external interference. Your forecast accuracy will improve when you analyze market situations independently, without relying on others' advice. Self-Realization Comes First While trading in the crypto market is finance-related, view it as a creative process that should bring you satisfaction. Be confident in yourself and your success, and see trading as a means of self-fulfillment. This mindset will help you navigate the chaotic and unpredictable market as a tool for success. Think About the Risks Never risk funds you aren't prepared to lose. Consider potential losses when creating your strategy. Stick to your loss limits, even if the temptation for larger trades is high. Sometimes, multiple small trades can be more profitable than one big trade. Discipline Avoid reacting to sudden emotions or news. Trade according to your pre-developed plan without deviation. In trading, discipline is synonymous with success. This is particularly crucial for novice traders, as the volatile market often puts psychological pressure on them. Control of Emotions Monitor your emotional state and avoid trading when influenced by certain news or events. Emotional trading leads to losses. If you notice impulsive decision-making, take a break to calm down. Vacation Everyone needs breaks. If emotions and feelings drive you, take a break and avoid thinking about trading, assets, or cryptocurrencies. Engage in activities you enjoy and spend time with loved ones to recharge. Statistics Keep detailed statistics. This advice is valuable for both beginners and experienced traders. Record the number of transactions per day, profit and loss balance, positions, and other indicators. Analyze this information weekly. Statistics are a great way to create an effective strategy. By incorporating these psychological tools, traders can navigate the cryptocurrency market more effectively, enhancing their chances of success and minimizing losses. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"! Educationby Crypto4light4
Short term short is possible on the if it breaks and retestIm bullish and expecting the sweep of the lows before the continuation up. So meanwhile Im monitoring for the short trade. A break of structure and retest is my sell signal. Bullish Idea Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔Shortby Dave-FX-HunterUpdated 2
BTCUSD Breaks Trend Line and Returns to Next Target $80,000Dear traders! BTCUSD breaks Trendline and now retests the $69,000 support zone This is the classic model And now I'm waiting Long BTCUSD and aim for 72,000 USD at least and if this happens it is likely that the bulls will make a bigger attack to the high mark of 80,000 USD! 2% rule for risk management Wish lucky!Longby Bitcoin_SignalsUpdated 262693
Selling breaks the BTCUSD channelTraders! BTCUSD breaks trendline on 4-hour chart. And buyers are trying to retest the $70,000 resistance and even $70,500 liquidity. I expect that after the pullback, the price will continue to sell, the short-term target is the 64,500 USD area if buyers do not successfully defend the 67,000 USD area.Shortby Bitcoin_SignalsUpdated 121229
BTCUSDAs you see, we got a down trend on BTCUSD h1, so you can short it to 65000 support and if we got a break on 65000; after pullback, we can sell it again to 57500. Good Luck!!! Shortby NevadaFX_DowGold2
MultiTimeFrame Monitor BTC/USD 24hrsStarting today, we will publish some of our studies based on the continuous monitoring of BTC/USD. All these studies will be identified through interpretations following the analytical paradigm of Fiboclouds, corresponding oscillators, and related tools. Different analyses for different timeframes according to the opportunities identified in the charts. So let's begin with an opportunity identified on the 60-minute chart. If this projection is confirmed and a partial realization occurs at the first target, the stop loss should be moved from its initial position to the same line where the position was opened. This way, the journey towards the final target will proceed with reduced risk of losses and the preservation of the partial gains achieved so far. Follow us to receive notifications of new trades as well as frequent updates on ongoing trades. Finally, if you agree with the idea or found it useful, please give it a BOOST so that it can reach more people! Thank you!Shortby ethostraderUpdated 2
June 11 Bitcoin Bybit chart analysisHello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. Tomorrow is the day when the CPI meets on Wednesday evening and the FOMC meets on Thursday morning. There is no separate indicator announcement from NASDAQ today. The beat alone continues to decline. In the long run, Bitcoin is on the rise, but From a mid-term perspective, just the two of us with Tether Dominance An endless power struggle continues. It seems like the direction will be decided tomorrow rather than today. The section where the rising pattern breaks in tether dominance and Based on the recovery of Bitcoin's medium-term pattern I created today's strategy. *Sky blue finger movement path Two-way neutral Short -> Long switching strategy 1. Short position entry area of $67907.5 / Stop loss when the pink resistance line is broken 2. Long position switching at $66795.5 / Stop loss when the green support line breaks away 3. $68,700 long position primary target -> Top secondary target After a vertical decline in an ambiguous position on the Bollinger Band 6-hour chart There was no clear short position entry point. You can operate as a short->long or long position waiting strategy. If you touch the bottom first, the green support line is $66795.5. The long waiting period can be in contact with the Bollinger Band daily chart support line. It becomes a seat. In that case, it is directly connected to the downward trend line. Bottom -> You can deviate significantly from section 1. You must be careful. Today I shook it moderately. After connecting after tomorrow, from CPI I think we need to come up with a new strategy. It's hard to explain, but as I left a comment, For beginners or those who only operate spot exchanges, I think it would be a good idea to run it after CPI and FOMC. Please note that my analysis up to this point is merely for reference and use. I hope you operate safely with principled trading and stop loss required. thank you by BitCoinGuideUpdated 3
Maybe you need this analysis and advice!BTC/USD trades to a fresh monthly low ($66561) following the failed attempt to test the April high ($72727). BTC/USD Outlook BTC/USD fails to defend the opening range for June as it extends the decline from last week, with a break/close below the $62780 (100% Fibonacci extension) to $64850 (23.6% Fibonacci extension) region raising the scope for a move towards $57590 (78.6% Fibonacci extension). Next area of interest comes in around the May low ($56,525), but BTC/USD may face range bound conditions amid the flattening slope in the 50-Day SMA ($65954), with a move above $70000 (38.2% Fibonacci extension) bringing the April high ($72727) back on the radar. by Machine-traderUpdated 2
BTCUSD: Time for a correctionOutlook for the remainder of the year. The ETF inflows have generally remained positive at new ATH levels, while volume remains low and price remains flat. This suggests considerable distribution from OTC sellers, namely longer-term holders, per HODL waves analysis. It's been 3 months since breaking ATH in March, with price unable to move higher. The consolidation at higher levels remains bullish until $60K is broken to the downside (foodgates moment), which would confirm the current range ($60K-70K) as longer-term distribution, rather than accumulation. First stop will likely be a re-test of the 50 Week MA around $50K after the floodgates for selling opens below $60K. With relatively low accumulation volume, I'm not expecting it to hold as support, but instead return to the 200 Week MA around $40K, likely after a re-test of previous support in order to confirm it as new resistance (around $60K). The 20 Week MA is currently around $63K, so below this level, there will already likely be an increase in selling pressure. The Weekly RSI is otherwise facing rejection from overbought levels >70, similar to late 2021 (minus the strong bearish divergence back then). The culmination of breaking the 20 WMA and confirming RSI rejection by returning to $60K, would be the catalyst for the break of support. As also noted (N.B.) the Mid Pi Cycle Top occurred in march, around $68K-$70K, with price unable to maintain the momentum above this rising MA multiplier, unlike in December 2020 at $21K.(1) The post-halving "Miner Capitulation" has also been signalled by Hash Ribbons indicator, not so dissimilar to summer 2020 that encouraged consolidation and a miner correction.(2) I'm not particularly expecting Path B to play out, unless there is a catalyst for a more full-blown capitulation, leading to a 65% haircut in price. Examples include ETF holders getting cold feet leading to panic as price goes below opening ETF prices , or otherwise some negative regulatory news. A -45% move down to $40K should otherwise be more then sufficient to build up momentum for a 2025 bull market reaching $100K+. Should price reach GETTEX:25K to $30K levels (path B), there could be a "delay" within the usual cycle, with higher parabolic prices nearer to $200K. After the 3x from 2017 to 2021 ATH, 2x seems reasonable in 2025 however ~$138K. (1) www.lookintobitcoin.com (2) capriole.comShortby dragononcrypto3
just a paper trade to short btcbtc could jump off the cliff, ascending triangle is a bearish pattern. it about probability not magic crystal ball with 100% predictionShortby Cyborg0092
June 13 Bitcoin Bybit chart analysisHello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. There will be two Nasdaq indicator announcements at 9:30 a.m. After leaving a lifeline behind Yesterday’s long position switching section Purple Finger is maintaining $67010.5. I think it would be too complicated if I explained the strategy in detail. We will simply go long and die together. *Red finger movement path Long position strategy 1. $67367.5 long position entry area / stop loss when breaking away from the purple support line 2. $69,794 1st target -> Good 2nd target Number 1 at the top is an upward lateral movement. Starting from number 2 at the bottom is the danger zone. After the Bollinger Band touched down today There has been no time to enter a short position yet. After a downward wave, when it falls to the bottom You can continue to connect up to section 3 at the bottom. Those operating long positions should be careful. Please note that my analysis up to this point is merely for reference and use. I hope you operate safely with principled trading and stop loss required. thank youLongby BitCoinGuideUpdated 3
BTC.X Bitcoin Downside TargetsBTC.X Bitcoin Downside Targets Could go deep from here. 200W moving average is my bet over the next 6 months but there’s a lot of great targets here to keep in ming… Shortby SPYder_QQQueen_Trading2
BTCUSD strategy remains the sameDear traders! Previously after breaking out of the wedge we saw BTCUSD update its high of $71,500, after which it had a corrective move as I predicted. And now it trades relatively stable below $71,000 and we predict BTC will continue the wave of liquidity capture correction below this zone and grow further if it does not succeed in conquering the peak. 71,650 USD. Fundamentally and technically, BTC looks strongly bullish, the overall market fundamentals are also strong, which generally supports the theory of further growth with the possibility of a new ATH update in the future. The 69,655 or 68,500 area is currently the intermediate bottom for strong buying. And we are waiting for the price to test this zone to accumulate before breaking through and growing further towards the previously outlined goals. The buying strategy is still my priority. And you?Longby Bitcoin_SignalsUpdated 191947
One more trip to low $60Ks. Then Off To The Races.One possible scenario I'm watching. One more little dump within the current range, just to confuse and frustrate everyone and try to get a few more cheap sats out of us. Then convergence of the bull flag and inverse head and shoulders... rip upwards. Target $90,800.Longby funtimesUpdated 10
Bitcoin sellBitcoin has made another lower high, now is the opportunity to sell with the stop loss just above the last high Shortby gon08Updated 114
BITCOIN ( BRAKING TURNING LEVEL )BITCOIN Tendency the price is under BULLISH pressure at 67,241 Turning level : The turning 67,241 , so as long as the price above this level, there will be a bullish trend resistance level : the trading above the turning level 67,241 , the price will rise to 70,059 stabilize this level , there will be reach 72,154 and 73,154 support level : The trading stabilizing below 67,241 , the price will reach the support level of 64,764 corrective level : price will attempt 67,241 , correct itself before rising Longby ArinaKarayi3
More room to move down to 64k64k is in play on this leg down, getting close to a squeeze on daily trend lines.by ason9Updated 2
BTCUSD Analysis: Bullish Reversal ExpectedAfter a prolonged bearish trend, I've identified a strong bullish formation on the BTCUSD chart. Key technical indicators and chart patterns are suggesting a potential market reversal to bullish. This could present an exciting opportunity for traders to capitalize on the anticipated upward movement. Stay tuned for more detailed analysis and updates!Longby forexNetwork103
BTC plan for summerBTC prices have been consolidating below the monthly resistance for almost 3 months. This is bullish. In my opinion, a bull flag is being formed. My strategy is as follows: If a monthly candle closes above the monthly resistance trendline, it's a BUY signal. A better BUY would be when price falls to the lower range of the current flag, around $57000 - $59000. Actually, I'm waiting dips at lower prices to increase my bags. But I'm ready for both scenarios. My mid-term take profit will be around $100,000 when prices hit the long-term weekly trendline. For long-term target, I've already posted my analysis (see link below) with cycle target around $120,000 but this would be ajusted to higher one. I may update this long-term analysis in the future. Disclaimer: This analysis is based on my personnal views and is not a financial advice. Risk is under your control. Longby evasivesteering2