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
#BITCOIN will be a King Maker again.And Knight our precious #ALTS Things we are looking for 1) The major Trendline to come in as support, like it has done before maybe it's @ FWB:23K , maybe it's a time based, sideways consolidation from here? But do u see the upper trendline coming in as resistance . Significant resolution is coming soon. 2) higher low on the RSI , confirm the bull trend with a reading that doesnt get too over sold. 3) and the MACD to dip slightly but slowly turnaround and maintain a positive stance for about 18 monthsby BallaJiUpdated 226
Bitcoin #BTC The key level to launch the Bull market...is $34500 The 50% drawdown level from the previous cycle laugh let see if it can repeat the 3rd time We assume this is going to happen leading up and post #halvening But open to a quickening of this timeline because #ETF news driving the hype even quicker Longby BallaJiUpdated 5510
Looking bullishIf we can get a break above the most previous low on the daily then we are good for a buy upon the retest. However, if price fails to create a new HH and LH we are good for a bearish runLongby tstephen010Updated 0
June 4 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 is a Nasdaq indicator announcement at 11pm tonight. The beat is relatively good. Nasdaq broke its pattern and reached the danger zone. The Nasdaq movement is very important today. Even when looking at the beat and tether dominance movement In sections where there is a high possibility of sideways movement We proceeded with the most reasonable strategy. The purple finger section on the left is $68,950. Yesterday, June 3rd, it was the entry section for long positions, Let’s connect and continue today’s strategy. *Sky blue finger movement path Two-way neutral Short->Long switching strategy 1. Short position entry zone at $69446 / Stop loss when the orange resistance line is broken 2. Switching long position at $68732.5 / Stop loss when breaking out of the light blue support line 3. $70494.5 long position 1st target -> Top 2nd -> Good 3rd Those who have maintained long positions since yesterday When the light blue support line at the bottom breaks away, operate with a stop loss (1 + 4 sections). From the point of breaking the orange resistance line, Since the upward trend can be connected, those who operate short positions You need to be careful If there is an immediate adjustment without short entry Wait for long position in section 1 at the bottom Even if a short entry at the top is successful, Please note that you may be delayed up to 1 section. Strong rise if the purple support line is maintained Even if the green support line strategy is followed, Upward rebound -> This may lead to a vertical rise after tomorrow. Please refer to it. I would like to ask you to simply use my analysis up to this point. I hope you operate safely with principled trading and stop loss required. thank you by BitCoinGuideUpdated 4
BTCUSD poised for another run after this breakout? Monthly and weekly looking set as well. Wow.Longby Richkierich0
BTC may reattempt reversal on 4H...BTC may reattempt to reverse based on 4h price shift -- but again the king of coins is still under a correction pressure from daily data, so be mindful. KEY LEVEL 29400. TAYOR.by JSALUpdated 115
BTCUSDBTCUSD has just taken out the previous daily high and now heading for the previous daily lows + price has just respected the m15 fair value gap and it has rested the true day open a couple times which means there might be no reason for price to go up.Shortby BigBenCapitals3
BTC/USDThe term "range market" typically refers to a market condition where the price of an asset, such as a stock, commodity, or currency, fluctuates within a specific range or band over a period of time without a clear trend direction (either upward or downward). Here are some key aspects of a range market: Price Boundaries: In a range market, the asset's price moves between well-defined support and resistance levels. The support level acts as a floor that the price rarely goes below, while the resistance level acts as a ceiling that the price rarely goes above. Sideways Movement: Unlike trending markets, where prices show a clear upward or downward direction, a range market is characterized by sideways movement. The price oscillates between the support and resistance levels. Volume Patterns: Trading volume may decrease within the range as the market lacks a strong trend. However, volume can spike near the support and resistance levels as traders attempt to buy at the bottom and sell at the top of the range. Technical Analysis: Traders often use technical analysis to identify and trade within range markets. Common tools include oscillators (like RSI or Stochastic) to identify overbought and oversold conditions and chart patterns (like double tops or bottoms) to predict potential breakouts or reversals. Strategies: Traders may employ range-bound trading strategies, such as: Buying at Support: Purchasing the asset when its price nears the lower boundary of the range (support level). Selling at Resistance: Selling the asset when its price nears the upper boundary of the range (resistance level). Breakout Trading: Preparing to trade in the direction of the breakout once the price moves significantly beyond the established range. Indicators: Some popular indicators for trading range markets include Bollinger Bands, which can help visualize the range, and the Average True Range (ATR), which measures volatility.Shortby B9A-88652-NisarAhmad0
#BTC/USDT ANALYSIS Following a successful breakout and subseque#BTC/USDT ANALYSIS Following a successful breakout and subsequent retest of the symmetrical triangle pattern, the crypto market has entered a robust bullish rally. This rally is encountering horizontal resistance, a critical level that could influence short-term price movements. The 50-day moving average is also trending upwards, signifying ongoing bullish momentum and acting as a dynamic support level. If the bitcoin decisively breaks above this horizontal resistance, it would further validate the prevailing bullish sentiment, potentially leading to continued upward momentum and new highs in the crypto market.by CryptoSkullSignal0
BTCUSD Potential Resistance Breakout At $71303.50 05.06.2024- Potential resistance breakout at $71303.50 on 15-minute BTCUSD chart. - If breakout holds: - Target: $72059.85 - Breakout above $72059.85 targets $73021.97 - If breakout fails: - Target: $70241.28 - Breakdown below $70241.28 targets $69913.15 Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350)Longby BDSwiss_Academy0
$BTC Daily UpdateCRYPTOCAP:BTC #BTC WOW!!! Look at that, already testing given resistance range $70,766-$71,379. Gaining support here would bring $73,523 test on the table, RSI on 4H is hyped up but 1D looks good, Time to see if it can gain a support of $71,379. Watch given S/Rby limitlessnash0
BTCUSD 1D UpdatedBTC ~ Updated #BTC The $80,000 gate was just a matter of time. tell me if the price of BITSTAMP:BTCUSD is already $80,000Longby CryptoNuclear0
BTCUSD Mid Week AnalysisI'm tapped into something oh so special. Come Get Some!!!! _SnipeGoat_ _TheeCandleReadingGURU_ #Like #Share #Subscribe #PriceAction #MarketStructure #TechnicalAnalysis #Bearish #Bullish #Bitcoin #Crypto #BTCUSD #Forex #DayTrader #SwingTrader #PositionalTraderLong16:15by TheeSnipeGoat1