We will never go bellow 40k again.Link the lines with bottoms to the tops. It shows that under 40K not possible to be the price of BTC anymore.Longby UncleSamCrypto0
Is BTC going through Wycoff Distribution?Looks like BTC is going through a Wycoff distribution on the daily. Will be looking to fill up on some shorts on the UTAD Could this lead to the break down lower for more accumulation before the blow off top Just the thoughts of a average degen trader, by AverageDegenTrader0
BTC WEEKLY MACD CROSSEvery time the MACD crosses down, price reverts back to the 200 SMA IN IT'S HISTORY. BTC Weekly MACD signal crossShortby RSI_Trading_Concepts0
||BTCUSD|| SET TO REACH 80K IN THE NEXT MOVE!We are currently sitting in an interesting situation regarding market structure. Two bullish formations have been printed after the price broke out of the current flag formation, only to create one of the shoulders for the H&S formation as depicted in yellow. Two formations intertwined so perfectly is normally a great sign for the direction the formations dictate, as you are strengthening retail confidence, and bringing 2 groups of strategies together with a bullish sentiment. in order to be confident prices are to reach our targets, price must break the 71.6K mark and at least test it once. price does of course have to exceed all time highs of 73.9K which will be the last level of resistance before we move back into price discovery mode. I do not think the ATH will post much resistance based on the strength of current market structure. The MACD is also priming itself for a convergence run once averages break apart as they have been in consolidation for a couple days. Although my targets are set for both 81K and 87K I do expect price to get stuck once it reaches 80K as it does pose a strong psychological level of resistance. Thank you for your read, hope you found some new insights and perceptions on the BTC market structure. Longby Brandon_Cooper0
Investment and Hedging Strategies in the Bitcoin MarketRecently, Bitcoin has experienced significant volatility, sharply declining after the flash crash on June 6. Prices fell from the $72,000 level to below $70,000, leading to substantial selling pressure. However, positive trends can be seen in the market as U.S. ETF issuers are buying a lot of Bitcoin, which boosts confidence in the long-term outlook of the cryptocurrency. Key Points: Strong Support at $66,000: Breaking this level may indicate a shift in the downward direction. Resistance at $74,000: Surpassing this level could drive prices to new highs. ETF Purchase Volume: Adding 25,729 bitcoins in the first week of June enhances confidence in the long-term upward trend. Recommendation: For Short-Term Investors: Due to high volatility and current selling pressure, it is advisable to wait and see if the support at $66,000 holds. If the support level is broken, it may be wise to avoid entering the market until prices stabilize. For Long-Term Investors: Price corrections can be used as opportunities to add more Bitcoin to investment portfolios. It is smart to invest gradually and take advantage of price drops to make purchases. Hedging Strategies: Diversification: Diversification is a hedging strategy aimed at reducing risk by spreading investments across various assets. Instead of relying solely on Bitcoin, investors can diversify their investments into other digital assets like Ethereum, Litecoin, or even traditional assets like stocks and bonds. This diversification can reduce the negative impact of Bitcoin’s volatility on the overall portfolio. Futures Hedging: Futures hedging involves buying or selling Bitcoin futures contracts to protect the portfolio from price fluctuations. If an investor owns Bitcoin and wants to protect against price drops, they can sell Bitcoin futures. On the other hand, if they expect prices to rise but do not own Bitcoin, they can buy futures to benefit from the expected increase. Risks Associated with Hedging Strategies: High Costs: Hedging with futures involves paying fees and spreads, increasing overall costs. Systemic Risks: Futures contracts can be affected by economic and political events, leading to unexpected losses. Technical Knowledge: Hedging with futures requires a deep understanding of the markets and how futures contracts work. Hedging strategies provide protection against market volatility but must be used carefully and with a clear understanding of the potential risks. Diversification and futures hedging can be effective tools for risk reduction, but it is essential to understand the costs and risks associated with these strategies before implementation. by bbitar1
Bitcoin Analysis SIMPLEST WAYNow BTC breakout falling wedge pattern, and its buy time. Many patterns formed in 1 hour time frame. BTC still inside the Channel pattern.Longby SasikumarManiUpdated 5
Bitcoin's Stalled Breakout: A Test of Bullish Resolve Bitcoin (BTC) ended last week with a whimper, failing to decisively break out of a bullish technical pattern and overcome key resistance levels. This has left many investors questioning the short-term trajectory of the world's leading cryptocurrency. After a price drop on Friday and a lackluster weekend, what can we expect from Bitcoin in the coming days and weeks? The Failed Breakout and Bullish Doubts The recent price action centered around a prominent technical pattern known as a bull flag. This pattern typically precedes a bullish continuation, with a price consolidation period following an uptrend. However, Bitcoin's attempt to break above the flag's resistance level at the end of the week proved unsuccessful. This failed breakout has cast doubt on the immediate bullish momentum and raised concerns about a potential reversal. Technical Indicators: A Mixed Bag Adding to the uncertainty are technical indicators that paint a conflicting picture. Some, like the Relative Strength Index (RSI), are hovering around neutral territory, suggesting neither overbought nor oversold conditions. This could be interpreted as a sign of potential buying pressure waiting to be unleashed. However, other indicators like the "death cross" – formed when the 50-day moving average dips below the 200-day moving average – have emerged, historically hinting at a possible short-term price decline. The ETF Inflow vs. Hedge Fund Shorting Tug-of-War Beyond technicals, a fascinating dynamic is playing out between two opposing forces in the market: inflows into Bitcoin Exchange-Traded Funds (ETFs) and short positions taken by hedge funds. On the bullish side, significant inflows into Bitcoin ETFs have been observed. This suggests institutional interest in the cryptocurrency remains strong, potentially providing a buying force that could propel the price upwards. However, this optimism is countered by reports of hedge funds taking large short positions on Bitcoin. These bets essentially profit if the price falls. This shorting activity could act as a headwind, potentially hindering any significant price gains. Short-Term Bounce vs. Long-Term Trend While a short-term bounce from current levels seems likely, predicting the long-term direction of Bitcoin remains a challenge. The failed breakout and bearish technical indicators raise concerns about a potential downward correction. However, the underlying fundamentals, including strong institutional interest and Bitcoin's limited supply, suggest long-term bullish potential. The Bottom Line: Patience and a Multifaceted Approach For investors, the current situation necessitates a patient and multifaceted approach. Monitoring both technical indicators and on-chain data to gauge investor sentiment can provide valuable insights. Additionally, staying informed about regulatory developments and broader market trends is crucial, as these external factors can significantly influence Bitcoin's price. Ultimately, while the immediate future of Bitcoin is uncertain, one thing remains clear: the battle between bulls and bears is far from over. The coming weeks will be telling, revealing whether Bitcoin can gather enough strength to overcome the recent setbacks and continue its upward trajectory. by bryandowningqln0
Interesting Bitcoin chartWhy currently is bitcoin volume decreasing? Mostly happens at the top of a cycle. Last time this happened mid cycle there soon after bitcoin had a 38% shakeout. I imagine that for BTC to achieve the price highs in which people hope for its only inevitable now that it breaks its long term divergence with the top indicator. Be interesting to see how this plays out. Shortby Ryan1993Updated 1
BTC Bitcoin Long- 4 Confirmations R:R 1:2 Part 1BTC Bitcoin LONG- decided upon four confirmations. These are the four confirmation that are required in order for us to enter the market in this set up 1st Confirmation: Retest at one of the designated fib levels. The fib levels need to be measured from the H4 or higher 2nd Confirmation: Retest at a zone of Supply and Demand. The Supply and Demand zone needs to be formed from the H4 or higher 3rd Confirmation: Confirmed engulfing pattern in the direction of the trade starting at the H1. 4th Confirmation: Break of support or resistance in the lower timeframes starting with the 3 minute in the direction of the trade.Long06:54by Manny_FX_0
Optimistic Bitcoin cycle strategyThe optimistic Bitcoin cycle shows how the price will move during this bull run. My strategy predicts the cycle top in Q3 2025, with profits taken above Fibonacci levels and market capitalization growth to $4.3 trillion. In this scenario, the price is estimated to reach about $240,000. This possibility is supported by the SEC approving Bitcoin and ETH ETFs. Currently, we are post-halving and there is high demand for BTC from large funds. Considering the potential for this cycle to accelerate compared to previous ones, I will be monitoring the market more closely from the end of this year to maximize profits.by majstertoken1
Amiriimport pandas as pd import matplotlib.pyplot as plt # Load data # For this example, we'll use a CSV file with 'Date' and 'Close' columns. # Adjust the file path as needed. data = pd.read_csv('path/to/your/data.csv') # Convert 'Date' column to datetime data = pd.to_datetime(data ) # Set 'Date' column as the index data.set_index('Date', inplace=True) # Define the short-term and long-term moving averages short_window = 50 long_window = 200 # Calculate the short-term and long-term moving averages data = data .rolling(window=short_window, min_periods=1).mean() data = data .rolling(window=long_window, min_periods=1).mean() # Create signals data = 0 data = np.where(data > data , 1, 0) # Generate trading orders data = data .diff() # Plotting the results plt.figure(figsize=(14, 7)) # Plot the closing price and moving averages plt.plot(data , label='Close Price', alpha=0.5) plt.plot(data , label=f'Short {short_window}-Day MA', alpha=0.75) plt.plot(data , label=f'Long {long_window}-Day MA', alpha=0.75) # Plot buy signals plt.plot(data [data == 1].index, data [data == 1], '^', markersize=10, color='g', lw=0, label='Buy Signal') # Plot sell signals plt.plot(data [data == -1].index, data [data == -1], 'v', markersize=10, color='r', lw=0, label='Sell Signal') # Add labels and legend plt.title('Moving Average Crossover Strategy') plt.xlabel('Date') plt.ylabel('Price') plt.legend() plt.show()by impressivePers22520
$BTC Daily UpdateCRYPTOCAP:BTC #BTC $69,813 resisting, very weak volume on 1D over the weekend, RSI looking weak on 1D and 4H, $68,546 current support, $72,162 resisted on previous climb, Continue Watching given S/R by limitlessnash0
Btcusd I decided to share this btc buy with you yes you reading the post am going for a long position on btcusd Longby Greatvic0010
BTC Key Levels for the Weekly and DailyIn this analysis, you can see the previous week's levels mapped out. Notably, the CE (consequent encroachment) of the previous week aligns with a bearish breaker block in premium pricing. I’m particularly interested in observing the immediate daily FVG we’re currently in. If we move up into the breaker and face rejection, it could indicate further downside. Conversely, a close above the breaker would suggest more upside potential. Given it's Monday and we saw a drop on Friday, the market likely needs to rebalance. I’ll be monitoring these levels closely for setups or scalps, watching for reactions as we approach or move away from them. --- Weekly High/Low: Critical points from the previous week. Daily Levels: Important levels including the previous day’s high/low and the weekend high/low. Equilibrium (EQ): Midpoints of significant moves. Mean Average (MA): Average of previous candle bodies. Consequent Encroachment (CE): 50% of the wicks, which can be highly sensitive. Current Outlook: No strong bias for the week yet. Monitoring Monday’s session for initial movements. Included HTF PD arrays such as breakers and FVGs to watch for reactions.by salamanka0
ACEGROUP Market Break Down : [ xauusd, xagusd, btcusd, brent ]Here is a break down of our analysis of our commodities basket ; xauusd, xagusd, btcusd, brent 05:29by Your_Fx_plugUpdated 0
Will we see a copy of the previous wave in Bitcoin?Yes, it certainly seems impossible for this to happen one-to-one. I just wanted to share it as an idea. Longby falconlinefutures0
BTC 9/6/2024 Daily Time Frame AnalysisBased on the current chart and liquidity levels, it appears that after capturing the specified highs, Bitcoin is likely to experience a significant correction. The manner of the decline will indicate the continuation of the trend at lower price levels. Therefore, we can expect a minor upward move to capture liquidity, presenting the last opportunity to exit long positions before the correction. #Bitcoin #CryptoAnalysis #Trading #Cryptocurrency #BTCShortby ateimory1
Detailed Analysis and Investment RecommendationsPrice Movement Analysis Initial Stability (June 3 - June 4): The price of Bitcoin hovered around USD 67,000 to USD 68,000. This stability suggests a period of consolidation, where traders were accumulating positions. Significant Rise (June 4 - June 5): A noticeable increase in price occurred, moving Bitcoin above USD 69,000. This could be attributed to positive market sentiment, news, or an influx of buying pressure. Fluctuations and Volatility (June 5 - June 7): During these days, Bitcoin's price fluctuated between USD 68,000 and USD 70,000. This period indicates heightened volatility, possibly due to traders taking profits or reacting to short-term market developments. Peak and Sharp Drop (June 8): The price peaked near USD 71,000 before experiencing a sharp decline to below USD 69,000. Such a drop might indicate a strong resistance at the USD 71,000 level, causing a sell-off. Recovery Phase (June 9): Following the drop, the price began to recover, showing upward momentum. This recovery suggests buying interest and support at lower levels. Technical Indicators and Trends: Support Level: USD 68,000 has acted as a strong support level throughout the week. If the price dips below this level, it might indicate a bearish trend. Resistance Level: USD 71,000 is a critical resistance level. Breaking above this level could signal a bullish breakout and potential further gains. Moving Averages: If available, using moving averages (e.g., 50-day, 200-day) can provide additional insight into the trend direction. A crossover of short-term moving averages above long-term moving averages typically indicates bullish momentum. Investment Recommendations For Short-term Traders: Buy on Dips: Consider buying when the price approaches the USD 68,000 support level, as it has shown resilience and potential for recovery. Sell Near Resistance: Plan to sell or take profits if the price nears the USD 71,000 resistance level, as it has previously led to a sell-off. Stop-Loss Orders: Use stop-loss orders to protect against sharp declines, especially below the USD 68,000 support level. For Long-term Investors: Accumulate During Dips: Use price dips as opportunities to accumulate more Bitcoin. The recovery from the recent dip suggests underlying strength and investor confidence. Hold for Long-term Gains: Bitcoin's historical trend has shown substantial long-term growth despite short-term volatility. Holding through fluctuations can yield significant returns. Diversification: Consider diversifying your investment across different cryptocurrencies or asset classes to manage risk effectively. Monitoring and Strategy Adjustments: Stay informed about major news, regulatory changes, and events that could impact the cryptocurrency market. These factors can cause significant price movements. Regularly perform technical analysis to identify emerging trends, support, and resistance levels. Tools like RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) can provide additional insights into market momentum. Periodically review your portfolio and investment strategy. Adjust your holdings based on market conditions and your risk tolerance.by bbitar1
Bitcoin selling pressure Selling pressure on order flow. I expect the rate cut to stall and stay the same. Trade at own discretion! Just an ideaShortby Izreal_p0
Is Bitcoin heading to 81245 quickly?Weekly chart, the crypto BTC has to close 2 months above 49100 to activate the target 81245 All-Time High Resistance at 69000 is a tough level to beat and may take some time before crossing upwards. Be careful of near-resistance zones, and raise the profit protection level as the price goes up!Longby snourUpdated 2
$BTC TOWARDS $65,000 ?👨🏻💻 CRYPTOCAP:BTC UPDATE (Continue) 🔹#BTC is forming a rising wedge, which is a bearish pattern. 🔹If it follows this pattern, we can expect a price drop. 🔹The next immediate support for Bitcoin is at $67,000. 🔹Since it's the weekend, the market will be slow. 🔹Tomorrow is the weekly candle closing, and we can expect the closing to be green. - - - - - - - - - - - - - - - - - - - - - - Follow #CryptoEase and Share it With Your Crypto Mate 😉 BINANCE:BTCUSDT Longby CRIPTOEASE0
Retesting the top the 7th time.COINBASE:BTCUSD Currently on the way to touch and retest the too resistance the 7ths time. Once breakout, the next target will be $70,000. If fail to breakout it will likely travell back down to the support.by stewart49860
BTC market structure analysis on 4, 1 hour, 15 minute timeframesDay swing is bullish 4H swing is bullish 1H swing is bullish M15 swing is bearish We can buy when in 15 minute time frame there is a bullish signal CHOCH by quangcttn0