BTC - Short Update Bitcoin is back underneath this bearish trend line, and appears ready to crash from approximately the 68,300 to 68,550 level. Personally I am expecting a flash crash to occur in correlation with DXY breaking down and retesting a bearish trend line on the weekly / monthly chart. Shortby DickDandy225
Unveiling Bitcoin's Hidden Signal: The Inverse Accumulation PuzzBitcoin's current trajectory hints at a nuanced phenomenon: a complex inverse accumulation pattern. This observation, though not widely acknowledged, carries significant implications for investors. While some may attempt to downplay or overlook these indicators, the meticulous validations suggest otherwise. As we navigate through 2024, there's a growing sentiment among analysts that the Bull Market, which has propelled Bitcoin to unprecedented heights, may be reaching its zenith. This speculation is not unfounded, especially when considering the enduring influence of Wyckoff's principles within the realm of cryptocurrencies. What's particularly striking is the convergence of multiple Onchain metrics, which collectively paint a picture of a market nearing its peak. These metrics, often regarded as reliable barometers of Bitcoin's health and performance, are flashing warning signs that shouldn't be ignored. However, it's essential to emphasize that interpreting market patterns and metrics is inherently complex and subject to interpretation. While the indications may suggest a potential downturn, it's crucial for investors to exercise prudence and conduct thorough research before making any decisions. In essence, the current landscape underscores the need for vigilance and a nuanced understanding of market dynamics. While acknowledging the presence of a possible inverse accumulation pattern and its implications, it's imperative to approach investment decisions with caution and refrain from making hasty judgments. As always, this is not to be construed as investment advice, but rather a call for thoughtful consideration in navigating the ever-evolving cryptocurrency market.Shortby joaowedsonf6
Bitcoin longBTCUSD another pushup on the way yesterday we got 160 pips profit and then corrected downdise now its time to taka a lead buy side pattern formed...let's look favor for around 200 pips Longby DNA_Trader_Officials1
BTC bearish scenarioBTC bearish scenario. We need one more bottom. Support TP1: 60636$ TP2: 56800$Shortby javkhlanBaasansuren4
BTC 8H analysis - May 27 2024BTC has perfectly followed previous analysis and had a retest of 66k - 67k zone. The subsequent reaction to the mentioned zone has not been that strong yet (mostly because if the low volume during weekend). New analysis suggests two possible scenarios for BTC and the whole market in general: 1 - Crossing above the upper boundary of the channel which shall lead to new ATH 2 - Crossing below yellow trendline and heading for lower levels. (This scenario is confirmed by crossing below 65800 zone)by AlgoBotTrading1
BTC 4h EQ BULLBREAK: what does this mean for you ? BTC now set a 12h uptrend and broke the 4h Range bull. Today bullbreaks usually get fast rejections as Pros sell into the moves. Of course all this is happening while I am on holiday. LOL. For me as an ALT COIN trader I like to see BTC D inside bars or D Eq´s or even D uptrends. BTC sideways can lead to the BTC D dominance chart to pullback and give ALTS a few days of Action- Capital Roation at work. This is the time when I usually get very aggressive in establishing ALT coin positions and just use this BTC H pullback low as my entry for ALTS or for adding to my ALT positions. For you this means you need to get good at creating WATCHLISTS of ALT coins from different groups. ALTS are either looking for´ W HLs to be set or M HL´s to be set. Some are just below ATH´s or some are in ATH´s. Some are above Weekly 12 ema . Some below. Some have broken out of 2 D ranges and some are now testing 2 D resitances, etc I like to take positions in a basket of ALTS from different looking charts as its very Hard to anticipate which group is going to move 1st. This is very intense as a strategy and takes years of experience as i manage up to 30 positions. 10-15 being the sweeetspot until I get overload. To get used to it as a beginner focus on 1 coin , pick a chart, and play that. then move to the next. I have a playbook that includes around 25 different trades that i use regularly built over years and 10000´s of hours of trading and analysing charts! You can also use the ALT/BTC pairing chart to choose those ALTS that are in great setups on their BTC pairings. usually (2)D FALLING WEDGES are great setup looking for W HL´s to finally get set. e good luck , I will keep you updated and post my sorted watchlists in the coming days. by ChartmanChris2
Bitcoin bull run There is a classic price action support zone and we have liquidity behind it. After collecting this liquidity it will grow up to the top of channel. Can play in this channel for a while And it will break this channel from top and first target is about to 90k by Bobzz113
BTCUSDT LONG PROJECTION ✅Price is clearly in an uptrend, And we have a breakout and retest to the demand zone where we go long ✅Longby Silveryekerete113
HOLDING LIKE A PRO BTCBitcoin is holdin the price above a strong daily trendline, and this is extremely bullish. In my previous weekly setup, we longed BTC around $65.000, and i think we will go up more. The black rectangle i drawed is the last step to break before the new ATH, and i think we can see a retest of it probably next week. I am not sure we will break it so fast, we will probably range in the $71.000-67.000 area for a while before another leg up. Till $65.000 hold, we are safeLongby CryptoForexGem0
Bitcoin is going to repeat historyEvery time bitcoin is going to attack bottom after that going to the moonLongby Z3usus1
Bitcoin price analysis | 27.05A detailed analysis of the daily chart shows that the $72K-$74K price range has acted as a formidable resistance for bitcoin, halting several upward attempts in recent months. This range is characterized by a high level of supply, resulting in substantial selling pressure and making it a challenging barrier for BTC buyers to overcome. Bitcoin buyers have been attempting to break through this significant resistance area for several weeks. A sudden breach above this critical juncture could trigger a notable upward movement due to a significant short-squeeze event, potentially leading to a new all-time high. On the other hand, this pivotal juncture could also act as a barrier, leading to a period of sideways consolidation and minor retracements. In this scenario, the 100-day moving average at $64.7K will serve as a crucial support level in the mid-term.Longby paul_endeo3
BTCUSD - Local ShortHey folks, We have possible short on BTC. Since we passed Monthly ATR + Price testing upper boarder of the flat. SHORT ACTIVATION only if price breaks 76 800$ ! Shortby LogicalKnight_fx6615
💎 BITCOIN (BTC) : a Big Move Beyond $70,000? (READ THE CAPTION)With a recent analysis of the #Bitcoin chart in the weekly (logarithmic) timeframe, we can see that the price has once again succeeded in returning above the $70,000 level. As I have mentioned multiple times in recent analyses, I am expecting an explosive move from Bitcoin soon, with targets of $77,000, $85,000, and $100,000, respectively! Main Analysis : Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban Longby ArmanShabanTrading202054
IMPORTANT BITCOIN ZONE! BOS SOON Bitcoin is approaching a critical zone on the chart, and it is necessary to wait and see if a break of structure will occur. The trend on the lower time frame is currently bullish. However, on the larger picture, as seen on the daily time frame, it remains bearish. Notably, Bitcoin is positioned above all key moving averages (MA20, MA50, MA100) , which is a bullish signal. The support zone is at 68,500 . We are heading into an interesting week ahead. www.tradingview.comLongby benztradeinfo0
BTC Price Prediction and Elliott Wave AnalysisHello friends, We are still running in this Orange wave (X) if the price won't down and reach for 69200 level. Thank you for joining me in my analysis. Remember to like, subscribe, and stay tuned for more updates. See you soon! Thanks, Brosby MASCryptoAna1