$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
$BTC stuck in the mud. My eye is on $53,700I am not a big fan of using trendline or channels for trading decisions. My strategy is in volume profiles & support/resistance. But looking at BTC there isn't much happening as we sit in no mans land. I'd be interested in longing at 53.7k, and potentially firing a short at 75-77k, but with smaller size given there is no data at those levels. by mandelsc0
Traders are betting on tomorrow's data to exceed expectationsWith the BOC and the ECB announcing interest rate cuts, the crypto market, as represented by BTC, has clearly turned stronger, with prices gradually climbing. Tomorrow's key macro data —— US Non-Farm Payrolls and Unemployment Rate have also become more interesting, with Fed rate cut expectations now at the center of macro trading. Short-term IV is now clearly rising, with the weekly ATM IV back above 50%, but still below 50% at the end of the week, just as traders are betting on tomorrow's data to exceed expectations, with slightly stronger bullish forces.Longby Greeks_live0
74.75K seems the nearest oneMorning folks, So, as we've said, if BTC breaks 69K it should go higher. That we see now. Nearest upside target is based on the same pattern - reverse H&S that we're trading for a couple of weeks already. It stands at 74.75K But at the same time, I would like to show you this one - reverse H&S on top. If we see that BTC starts falling fast, it could be not the signal of reversal but the forming of the right arm. Just be prepared to this scenario if BTC starts showing fast downside action. For primary scenario (direct upward action to 74.75) we consider two support levels, where long entry might be interesting - 68K and 66.10K We consider no shorts by far.Longby Sive-MortenUpdated 10
Buddle AI Nvidia.Stock ATH... Warning.. Be careful. I'm out of the market and i'm waiting now under the sun and with coktail. by YuyuCoyotte0
Bitcoin Retest Of TrendBitcoin on the 45m can see a weekly trend started by the recent push by bitcoin. Can see bitcoin playing between these lines for a 73K touch if we see good bounce towards 68-69K. Marks the beginning of the alt market along with bitcoin dominance decreasing which can lead to 30-50% gains within next few months on your favorite altsLongby shayegruber2
(BTC) bitcoin Do you see the perimeter of an image that looks like a head in this? This is not a drawing but physical indicator settings made to vary the exact positions of bars on a chart. The image is just there, like picture of potato head man. Or is it a perfume bottle? by CryptocurrencyBlot0
BTCUSD 8hrPrice has now solidified new Structure Points by creating a HH here on the 8hr. So now 8hr Structure is the Swing Low @ $68,563 & the Swing High of this Structure move is @ $71,783... Price is currently in a Retracement phase to encounter the Bullish continuation into New All Time High's! (unless the market tells us otherwise). P.S. Trade Still Good!!!! _SnipeGoat_ _TheeCandleReadingGURU_ #Like #Share #Subscribe #PriceAction #MarketStructure #TechnicalAnalysis #Bearish #Bullish #Bitcoin #Crypto #BTCUSD #Forex #DayTrader #SwingTrader #PositionalTraderLongby TheeSnipeGoat1
Day 17 Small Account Challenge Recap - Mistakes Were MadeWay too big of a loss to be taking in this account. Gonna have to settle down, hopefully I can recover by the end of the week.13:10by AdvancedPlays0
cup handle target bull flag target 6mnth candle target 120k exitcup handle target bull flag target 6mnth candle target 120k exit jan to jun 2025Longby AutarkyAussie0
BTC Weekly Timeframe $100KThis chart looks extremely bullish. Bitcoin's #BTC relative strength index (RSI) bottomed out in the week of May 6, 2024. That was a month ago. We got confirmation that the RSI is now above the 20%. We can clearly see Bitcoin reach $100,000 this summer, by using the past similar price increase. This is a plain and simple chart by using the past two RSI increases as shown in the chart. *THIS IS NOT FINANCIAL ADVICE. DO YOUR OWN RESEARCH.*Longby brandonreymejia0
why HODL ?this chart here provides a very simple perspective over what really is going on . crypto in HTF is actually quit predictable . :) no need for future updates hereLongby hamidking82Updated 0
BTCUSD - Bulls in Control Since the beginning of the year, BTCUSD has surged by over 3000 pips. After reaching the 71k mark, the pair initiated a correction move. However, this move was swiftly halted by the bulls around the 56k mark. Observing the daily chart, BTC has been pressing against the 71k resistance level, touching it four times. A break above this level appears imminent. The bulls are favored to win this battle. A daily close above the 72k resistance is expected to accelerate the price towards the 85k mark. Longby Integrity_GoldFX0
Bitcoin Must Show Decisive in its Move before im excitedHi guys. So i posted recently some crypto related stock ideas. I felt like i should do a BTC update as they are directly related. When BTC goes up, all related crypto assets move up. So lets jump right in. This is a 1 week analysis. So we have established a consolidation range. Consolidation ranges is just a price range between which an asset moves up and down in. The key is to observe a confirmation of a breakout either ABOVE or BELOW it. The Key lvls are: 1. $61,000 as support 2. $71,000 as Resistance FOr our Bull market to continue and move into the final supercycle phase of the crypto market we need a DECISIVE BREAK ABOVE 71,000. This will in a short time print a blowoff top and end Bull market. I have up a bunch of Moving averages in different colors. What i'd love to see is from ascending order: Purple 1st Green 2nd Blue 3rd Red at the bottom This order signifies that a Bull market is going on. STOCH RSI has also crossed BUllish above the 20 lvl. If you look left, everytime we've done so We've moved higher. _________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on BTC in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy. Longby SafofAllTrades0
Bitcoin Approaching Key Resistance at 72,000On the daily chart, Bitcoin has bounced off the 67,275 support level and is now rallying towards the next resistance around 72,000. Buyers are continuing to buy the dips, aiming for a new all-time high as long as market sentiment remains positive. Meanwhile, sellers may use the 72,000 resistance as a strategic point to position for a potential drop back to the 67,275 support level.by strictserip0
Bitcoin Price Approaches $72,000: A Potential Fuse for New ATHThe price of Bitcoin (BTC) has been steadily climbing in recent weeks, inching closer to a critical resistance level: $72,000. This price point holds more significance than just another round number on the chart. Analysts believe that surpassing $72,000 could trigger a chain reaction that propels Bitcoin toward new all-time highs. The Squeeze is On: Liquidations and Momentum One of the key factors fueling the significance of $72,000 lies in leveraged short positions. In the world of cryptocurrency trading, some investors use leverage to amplify their potential gains (and losses). Leveraged short positions essentially bet on the price of Bitcoin going down. However, if the price goes up instead, these positions get liquidated, meaning the investor is forced to buy Bitcoin to cover their short bet. According to data from CoinGlass, a staggering $800 million worth of leveraged short positions would be liquidated if Bitcoin surpasses $72,000. This sudden surge in buying pressure from forced liquidations could act as a powerful catalyst, pushing the price even higher. Imagine a domino effect: rising price triggers short liquidations, which in turn creates more buying pressure, further driving up the price. This positive feedback loop could propel Bitcoin towards uncharted territory. Breaking Through Resistance: Psychological and Technical Hurdles The $72,000 mark also represents a significant psychological resistance level. Previous price movements have often stalled around this point, creating a barrier in the minds of traders. Overcoming this psychological hurdle can be a self-fulfilling prophecy. Once investors become convinced that Bitcoin can break above $72,000, it can become a reality due to increased buying pressure. Beyond the psychological aspect, $72,000 also presents a technical challenge. Technical analysis, which studies historical price patterns and indicators, can reveal potential resistance and support levels. If there's a concentration of sell orders around $72,000, it can create temporary resistance, making it harder for the price to break through. However, a decisive break above this level could signal a shift in the technical landscape, potentially leading to a sustained uptrend. Investor Confidence and Market Sentiment The bullish sentiment surrounding Bitcoin is not solely driven by technical factors. Increased investor confidence and a positive overall market environment are also playing a role. Several developments are contributing to this optimism: • Institutional Adoption: More and more institutional investors, such as hedge funds and investment firms, are entering the cryptocurrency space. This influx of capital can significantly impact Bitcoin's price. • Growing Recognition: Bitcoin is increasingly being recognized as a legitimate asset class. This growing acceptance is attracting new investors and fostering a sense of stability. • Limited Supply: Unlike traditional fiat currencies, Bitcoin has a finite supply of 21 million coins. This scarcity can drive up its value over time, especially with increasing demand. A Word of Caution: Volatility and Risk Management While the current outlook for Bitcoin is positive, it's important to remember the inherent volatility of the cryptocurrency market. Sudden shifts in sentiment or unforeseen events can lead to sharp price corrections. Investors should always approach the market with caution and implement sound risk management strategies. Conclusion: The $72,000 price point for Bitcoin is more than just a number. It represents a potential tipping point that could ignite a surge towards new all-time highs. The combination of short liquidations, overcoming psychological resistance, and positive market sentiment creates an intriguing scenario. However, investors should be aware of the inherent risks involved in cryptocurrency trading and act with a well-defined risk management plan. The coming weeks will be crucial in determining whether Bitcoin can indeed break through the $72,000 barrier and ignite a new bull run. Longby bryandowningqln2
BTC daily Fib mapped outconsolidating in a range and BTC cycle looks like above 100K is programmed. Longby seriousLeader641731
The CryptoSniper's Bitcoin prediction --- $140kIf we can envision a Inverse Head and shoulders forming. With a horizontal neckline coming in at around $47.5-48k It gives us a LOG projection north of $140k Draw it out yourself and see :) A linear target would be much more subdued and give us a $80k target And trap people below that magical figure for close to a decade , if u tack on a bear market that would follow. That could really hurt #Bitcoin's traction in gaining new buyers going forward (especially on the retail level) But lets's be optimistic and aim high but recognise the value of having BOTH targets in mind. @TheCryptoSniper Thank you for your ongoing education and dedication to your craft.Longby BallaJiUpdated 151537
#Bitcoin regression trend analysis to determine end of bear..with extended trendlines we don't need to be heros's as speculators Patience and letting price action CONFIRM a trend change is CRUCIAL .... Encouraging signs nonetheless!by BallaJiUpdated 332