BTCUSD - Legendary Bitcoin Core!Areas of interest is $69,000 - $63,300 The range is wide as choppy price action do not provide high accuracy on a macro level02:40by LegendSinceUpdated 2
BTC QUICK LONG IDEABTC has retested the 67000 support with a 4 hr wick, Buy at the close above this support. Target: 71000by precious_mayor1
Could the Bitcoin ATR be showing us a Fall is incoming ?For those that do not know, The Average True Range (ATR) is a tool used in technical analysis to measure volatility. Unlike many of today's popular indicators, the ATR is not used to indicate the direction of price. Rather, it is a metric used solely to measure volatility, especially volatility caused by price gaps So why do I say a Drop maybe incoming ? Volatility tends to rise as we come ot a High, as can be seen on this Chart of the BTC ATR since 2021. The Vertical dashed lines are the BTC ATH points. Again, as you can see, ATR continues for a short time after. The same happened in 2017 but for now, I WIll contrate on this date range. Using a Fib retracement off the 1st ATR ATH in March 2021, it goes to the 0 line and then climbs back up to mid way between the 0.5 and the 0,618, before it turns around and Falls into the bear market. Using a Fib retracement from the same March 2021 ATR ATH, but coming down to the Low of 2023, we can see that the ATR has once again climbed back up to near mid way between the 0.5 and the 0.618, formed an ATH and is now currently turning down. It is repeating what it did in 2021 But does this mean that it will continue to fall ? NO but we need to keep an eye on this..and remember, ATR falling foes not always mean PA will but this chart and the ATH's speak for themselves.. For me, I will wait and if the ATR reaches the 0.5, I wlll CLOSELY to see if it gets support or not.by Orriginal2
BTCUSDLooking at BTC droping to $65300 , the we continue bullish as per the anaylsisLongby vistaprimefx4
Two ways to rise or fallAccording to the picture, the candles are on the edge of the triangle and the bottom of the channel. In case of good resistance, and breaking the upper edge of the triangle, the climb continues to the channel ceilingby mka412i0
Two ways to rise or fallAccording to the picture, the candles are on the edge of the triangle and the bottom of the channel. In case of good resistance, and breaking the upper edge of the triangle, the climb continues to the channel ceilingby mka412i110
BTC-USDTI think the shoulder pattern will complete, then btc will start moving higher, so we will put some Tether aside to buy at the end of the channel and our celebration will start from there.Longby cryptoland3211
THIS BTC CONFIRMATION CAN GET BTC TO 75KBTC looks interesting over the next time frames and it can show more increase. That's why we're keeping an eye on Bitcoin at this moment. $68540 is a key confirmation zone. this level has already a confirmed, there's a high chance it could reach $75K - in the long term, and hype times can make the coin to the target faster. Remember, there are no guarantees in the market. Always follow a consistent system based on your strategies and analysis. Good times, everyone. This update is not trading or financial advice. Longby SatochiTraderUpdated 114
BTCUSDT (bitcoin), downward trend is active.Hi friend. There is complitly revers on BTC market. At 70000 all bulls was sold, stops taken and now we freely falling to strong 4H X-Lines level - 65680. I mark all interesting market prices on a chart window. Support me. And know - your opinion is intresting for me.Shortby JinFlarkUpdated 2
BTC CUP AND HANDLE CHART PATTERN SPOTTED Following the recent Bitcoin 2% dip as Mt. Gox wallets move over $7 billion crypto exchange Mt. Gox moved over 107,000 BTC worth nearly $7.3 billion to a single unknown wallet ahead of its plan to return BTC to creditors before October. This has caused a massive FUD as price dips down to FWB:67K A CUP AND HANDLE CHART PATTERN has been formed in the WKLY TF indicating a potential bullish trend while the temporary dip, builds up liquidity for the the next bull run 🚀 Longby TerraBogXchange1
End of May trade special! 28.5.24 Hey guys! 📈 What should I look out for in trades this week? I know Bitcoin is trying to retest the global range high. 🌐 I'm aware we have an internal range, and the daily pullback could go lower. That's why I'll wait for market structure 📊 and Market Cipher 🔍 to be on my side for confirmations. No change, no trade. Watch the video for the full breakdown! 🎥by Trade-Journal2
Bitcoin does what it wants - My plan for the week 28.5.24 Hey guys! 📈 What should I look out for in trades this week? I know Bitcoin is trying to retest the global range high. 🌐 I'm aware we have an internal range, and the daily pullback could go lower. That's why I'll wait for market structure 📊 and Market Cipher 🔍 to be on my side for confirmations. No change, no trade. Watch the video for the full breakdown! 🎥11:45by Trade-Journal2
BTC potential IH$S - If 60k bounce: 71k target BINANCE:BTCUSDT 4H Analysis NOT FINANCIAL ADVICE TL;DR BTC continues moving downwards towards the 60k mark. A bounce there would validate the IH&S pattern and open the way for a W3 to 71k. We have a lot of confluence: On top of being the right shoulder of the IH&S pattern, a retrace to 60k would be 0.618 fib of the last leg up We are seeing some support from the 50VWMA (yellow), very close to the 60k mark (currently 60.7k) TD Sequential just printed a perfect Buy Setup (red M9), indicating a potential reversal. You can see on the chart how accurate its previous signals have been RSI is nearly oversold (currently ~35) Both the MACD and its signal line are in the negative. Once we have a crossover, the further below 0 it happens, the stronger the reversal confirmation will be Longby AliferCryptoUpdated 1114
Btc ready to test 60k mark !!!!Btc has held its uptrend but not for long this leg is ready to move down just sayingShortby kamkong691
#BTCUSDT#BTCUSDT 4H After Bitcoin hit its resistance trend line at $70,600, we rejected from this area and the price decreased to 67,500. As long as the daily candle closes in the same range, the possibility of correction to the bottom of the box, i.e., the price of 66,600, and below that, 65,300, becomes more colorful. For the bullish scenario It should reach above 70,000 dollars and stabilize after hitting the support and redrawn trend line. #Bitcoin #BITCOIN #CRYPTO #ETHShortby taghadosi2
If there is anything in price history that resembles our..........current situation it is this. back then the swings were wilder obviously. we need to ignore some noise.Longby capoeira226
Btcusd sellBitcoin breaks the trend lineand continues to fall pattern let take a short with this boyShortby DNA_Trader_Officials1
BITCOIN CHART UPDATE !!Hello friends, welcome to this BITCOIN update from Crypto Sanders. Hello dear traders, we are new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys. Current Price: $68,100.01 Bitcoin is trading within an ascending channel, which shows higher highs and higher lows, indicating a bullish trend. Immediate Resistance: Around $72,000 – This level serves as a key barrier that BTC needs to break for further upside. Immediate Support: Around $67,000 – This is the lower boundary of the ascending channel and an important support level to maintain the bullish structure. 21-period SMA (yellow line): BTC is trading close to the 21-period simple moving average, which currently acts as a dynamic support level. 100-period SMA (violet line): Located below the current price, offering additional support. Ascending Channel: White lines indicate an ascending channel, which shows a bullish trend as long as BTC remains within or above the lower range. Potential Breakout: A breakout above $72,000 with strong momentum could lead to a test of higher resistance levels around $74,000 and $76,000. Continuation of the uptrend: If BTC holds its position above the 21-period SMA and breaks above $72,000, we can expect a bullish move towards $74,000 and potentially $76,000. Volume Confirmation: Increasing volume during the breakout will strengthen the bullish scenario. If BTC fails to hold above $67,000, it could signal a break out of the ascending channel, leading to a possible drop to $64,000 and $62,000. Remember:-This is not a piece of financial advice. Stay tuned to us for further updates and analysis. Thank you!Longby CryptoSanders95637
#BTCUSDT | 4 HOUR TIMEFRAME UPDATE#BTCUSDT | 4 HOUR TIMEFRAME UPDATE We can look for confirmation to open a LONG position in the range of $68,400 - $68,100 ✔️ The target for this upward movement is $69,200 - $70,100 - $70,900 - $72,100 - $73,800 🔼 Invalidation below $67,480 ❌ Longby mrsignalll10
Potential Downward movement for BTC A very swift sell on the BTCUSDTP: THIS IS Exclusively for futures traders 🚀🚀🚀Shortby CravenEdge2
Potential Downward movement for BTC A very swift sell on the BTCUSDTP: THIS IS Exclusively for futures traders 🚀🚀🚀Shortby CravenEdge0
BTC Chops SidewaysBitcoin continues to chop sideways in the upper half of the range, as expected. We also got the retest of $67,000 as support that I was looking for. For now, ETH and altcoins are likely to steal the show as BTC consolidates.by ScottMelker0