My view on BTCMy view on BTC in the following 4-12 weeks. We might see the new ATH at the end of July.Longby AndreiLazarUpdated 5
BTCUSD will drop in 2025!1) I drew Support Line on RSI Indicator and it may be broken in 2025. 2) I drew Support line on Momentum indicator and it may be broken in 2025. 3) I drew Support line on CCI indicator and it may be broken in 2025. 4) DMI indicator has ADX and i applied ADXR which is used to quit from position early because it gives that strong trend is over.by EmirhanhmcUpdated 4
Bullish continuation up. OB below Monday range is great entryBTC has built a strong base. All bullish PD Arrays are respected. and it's going for the liquidation above 75K ATH. Would be interesting to see if it will be a break out for the bull run or it will come back down to the range. ETFs have positive inflows, which is a good sign. Always follow these rules - Accumulation / Manipulation / Distribution - No liquidity raid = No trade - Never buy high and never sell low “Adapt what is useful, reject what is useless, and add what is specifically your own.” Dave FX Hunter ⚔Longby Dave-FX-Hunter3
BTC in huge bullish flag, when the breakout?Hello traderz! Happy to see you at the new trading week. Didn't post previous week, cause the BTC still moving in the same bullish flag. What is my thoughts and when we going to break it? End of the week we entering new month and, according to previous movements, we can see some growth middle of June and after again the correction till September cause summer is not really active for crypto even in bull run. Plus we still have descending volumes. Bullish signals: 1) Golden cross 2) Time cycles 3) Flag breakout (if will happen, can move SL) Doubts (or why to be careful): 1) Descending volumes 2) Weak market reaction 3) Summer season So I think we can long BTC from support line at around ~ 63.000$-65.000$ and I will suggest not to be greedy, take 30-50% with 10x leverage and close position. What's your thoughts?)Longby SheTradesHub2
two channelsAccording to the previous analysis, the roof of the bold green channel was broken and rose again with a beautiful pullback. It seems to have red resistance around 72500 to 74000 dollars ahead. The strong break of this roof can be very greatby akbarkarimzsfeh2
BTCUSD - SELL Out of Bounds Sudden Push up Into Resistance It shall Reverse These patterns play out all the time Nice quick scalp imho Shortby NZ_Shareman2
Bitcoin - Weekly Forecast - 03 June 2024My weekly forecast of Bitcoin for the week of 03 June 2024. I see Bitcoin going lower to take out some liquidity and close an inefficiency (FVG) lower. That would then see us have a break in structure to the downside, so then looking for lower lows in the months ahead. There is a video that accompanies this image as well. Shortby TraderRiz2
BTCUSD your choiceThis again shows you that we are at the overbought area. I don't know if the price may go to 80k first, I am not a God but what I know is many indicators confirmed it is overbought. If you wanna sell all your property and wanna risk, it is up to you. Refer to my previous posts too. I don't invest more coz I only wanna risk 15% of my cash. I already bought some of the best altcoin and stake for 365 days and 80% USDC staked for 3 months with 5% APR. So yea, if you wanna hyped buy all those YouTubers and risk your hard earn cash, it is up to you. by Skyito3
Final push before sub 50k We will see a quick pump towards 70k and a probable steep decline afterwards. Markets need some air and bitcoin needs lower prices for more demand. Shortby Flying_Dutchman_692
BTC to 75K then 80KBULL FLAG launch of Bitcoin should see a fast leg up to 75K then I see it coming back and testing ATH then going higher to 80K. I expect this move to be coming very soon. Using Channels, Fibs, And Elliot waves I show how I expect Bitcoin to launch here shortly. Longby TheUniverse618Updated 2
BTC (Bitcoin)BTC Primed for Upsurge Towards $100,000 Target Amidst Consistent Bullish Signals Bitcoin (BTC) is poised for a significant uptrend, targeting the monumental price level of $100,000. The cryptocurrency market leader has been exhibiting strong bullish momentum, supported by a confluence of fundamental and technical factors. Currently, BTC is consolidating within its recent price range, laying the foundation for its next leg up. Technical indicators, including moving averages and Fibonacci retracement levels, suggest that the asset is well-positioned for a sustained upward trajectory. The recent correction in BTC price, while inducing short-term volatility, has provided a healthy reset for the market, paving the way for renewed buying interest. The support levels established during this consolidation phase, coupled with robust demand, underscore the resilience of BTC's bullish trend. Furthermore, BTC's price action is bolstered by favorable macroeconomic conditions, including increased institutional adoption, growing mainstream acceptance, and inflationary concerns, which have led investors to seek alternative stores of value. Key technical levels, such as the 21-day, 34-day, and 90-day exponential moving averages, continue to serve as strong support zones, reinforcing the bullish bias. Additionally, the Fibonacci extension levels project a clear path towards the $100,000 target, with interim resistance levels likely to be overcome as BTC gains momentum. While the path to $100,000 is not without challenges, including potential regulatory hurdles and market volatility, the overall outlook for BTC remains overwhelmingly positive. Long-term investors are advised to capitalize on strategic entry points within the current consolidation phase, aligning their positions with the upward trajectory towards the target price. In conclusion, Bitcoin's imminent surge towards $100,000 is supported by robust technical indicators and favorable market fundamentals. Strategic positioning and risk management will be key in navigating the volatile cryptocurrency landscape, but the potential rewards for investors who seize this opportunity are substantial.Longby Zippymauld113
A break above $70k, could be more bullish than you might think.We don't have perfect conditions here, but I think with a news catalyst or some new fundamentals we could have a big break up. There are 2 bull flags that I have noted on the chart and I would expect to see some action soon. I am neutral for now... The 2nd triangle should have a break soon. Not financial advice, DYOR.by ChartProphet2
Bitcoin(BTC/USD) Daily Chart Analysis For Week of May 31, 2024Technical Analysis and Outlook: Bitcoin gyrated in this week's trading between our major Mean Sup 67100 and the newly created Mean Res 69400. The upward movement target shows a continuous target of Bull Stage Squzee Rebound 73200, marked as Key Res 73200. The main obstacles are Mean Res 69400 and 71500, respectively. On the downside, we look at the established Mean Support at 65000 as a concrete target before a renewed upswing occurs.by TradeSelecter2
BTC LONG Starting to get back into trading beacuse i need the money to lve comfrtably, even tho i havent ever made money with trading i want too now and i am going to get good at a trading and making money. Now this is a small long i saw today after not being on the charts in a long time. after analysing this monthly movment and the weekly and daily ones i saw this long. Im also Gonna wathc some videos on phsycology so ii start fressh in a way. Wish me luck !! I need to pay rent next month!!!!!Longby DaddyVini2
Bitcoin (BTC): Monthly Opening / Pushy Market / Fakeout To 50K?First week of the new month is here and we are seeing some upward momentum here, pushing the upper resistance zone (potentially going for a fakeout). We are looking at current zones, which are $69-71K which are a huge point of interest for us for a potential fakeout zone right there. But this is not mandatory, as we are near correction phase where accumulation has already happened and is about to end and now that Bollinger Bands upper and lower lines are tightening, we see a good chance for breakdown to happen soon. As you all know, we have major target zone, which is $50K, so let's see if June will be the month for it 😉 Swallow Team Shortby SwallowPremium3
Bitcoin is fake breakoutHello dear friends, Bitcoin can correct after a fake breakout and touch $74500 to the target of $49600 and follow the path of the picture. Shortby drneowave2
PullbackLast time was not the time. This time is the time for a pullback. We reached ATHs, time for a small breather before going wild. Unless we reach 71k.Shortby yabodoUpdated 3
BITCOIN : WHAT'S NEXT FOR THE KING OF CRYPTOS?- The market still trades above its bullish long-term trendline ; The long-term trend remains alive to this day. - Since March 2024, the market has entered a consolidation phase, trading sideways between $57K/ GETTEX:59K and $70K. Both moving averages remain bullish, as dynamic support to prices, while the RSI indicator has broken-out its bearish trendline following the sharp market's rebound over $57K. - This is seen as a bullish configuration for Bitcoin. Even if the market is still consolidating on a short-term view, the long-term bullish trend remains well-alive so far. In addition, such consolidation are normal following sharp market bullish acceleration. The current short-term bearish flag isn't seen as a reversal pattern, which doesn't threaten the long-term bullish trend. Even if another bearish leg could still take place at this stage, this configuration may be the sign of an accumulation phase before reaching new highs towards $74,250, $78,400, $84,300 and $91,815 by extension. Pierre Veyret, Technical Analyst at ActivTrades The information provided does not constitute investment research. The material has no been prepared in accordance with the legal requirements designed to promote the independence of investment research and such is to be considered to be a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.Longby ActivTrades2
Btcusd My next trade on btcusd I was expecting btc to go back to the support zone so that we can have a good potential 4 a buy and price came down to de support zone but we are waiting 4 a reversal candle stick so that we can long btcusd Longby Greatvic0012
a bearish setup on btcusdbtcusd is having diffculty going above the previous high, and with clear exhustion we can probably see this pair droping overShortby REALDTFX2
202422 - a weekly price action after hour update - bitcoinbitcoin Quote from last week: bull case: Bulls need strong close above 67000 for 70000 and probably retest of ath. They tried 4 times now and failed. Market is also a wedge top on a lower time frame. Bulls have no good arguments around 67000. comment: Last weeks my line in the sand for bulls was around 67250, since market was rejected there 3 times. Bulls finally broke above it with force and bears quickly retested that price and it turned support, which gives the bulls some momentum. Market has not touched the daily 20ema for 11 days, which is very bullish. I have two paths forward Bitcoin could take imo. Either we are done with the latest small bull trend inside the bigger trading range and W5 ended at 71954 or W1 started around 61000 and the 71954 high was W3 and W5 could lead to a new ath. Answer should be given by Tuesday/Wednesday. Even if it makes a higher high, upside will probably be very limited and odds favor a continuation of the trading range. current market cycle: Small bull trend (see channel) inside bigger trading range key levels: 56000 - 74000 bull case: If bulls want another leg up for the ath, market should not drop below 68000 again. If it does, today was a lower high double top and we will trade sideways or down to break the bull channel. If bulls keep it above, their next target is the high of last week at 71954 and above the obvious ath magnet at 73805. bear case: Bears see this rally done and the two legged correction missing the second leg down, which they want to get below 68000, break outside the bull channel and test the daily ema around 67500. I expect that Tuesday will give a decisive answer on this one. Right now I think the bears are slightly less favored. short term: Neutral between 68000 - 72000. Market needs to break this range for higher or lower prices. medium-long term: Down to 40000 (could take 3-6 months). Longer term than that time frame, I don’t know. Could also drop to 20000 again but let’s make 40000 first and see how many want to buy there. —unchanged chart update: Adjusted bull channel, wave series and added possible two legged correction. by priceactiontds2
BTC updateBTC - as expected - the lower edge of zone support, basically, has reached. Next - will see with charts update (after clean above zone).by sunmikee2