Long bitcoinwe have buying some volume comes from the bottom, so far looks good, not decline below the 50% yet, still have some selling forces. Looking for the second low volume test at bottom, good luck and manage the risk; Longby Gilbert09672
Bitcoin has potential, long term analysis gives a clear indicatiBitcoin looks like its gonna go all the way up, wont go into detail as this is a long term setup however, be prepared for retracements as it looks like it has a great potential of falling maybe under $65 000, long term analysis has a clear indication of a bullish trend however I personally dont advice people to trade but to buy and hold coins as risk is more calculated that wayby pulemainamotsoeneng2
$BTC to ~$275k | Cup & HandleWhile I was looking back at / patting myself on the back for this positively identified large-scale Cup-and-Handle pattern on CRYPTOCAP:BTC that I called out in Feb '24 I couldn't help but notice another one, on an even larger time scale . I don't make the rules: CRYPTOCAP:BTC to $275k. Not today, not tomorrow or next week, but by the end of the cycle- I would be shocked if this doesn't play out. With BER:M2V already starting to make a run back to the upside and rate cuts seemingly just around the corner, JPOW seeming dovish, election szn, the list goes on... Things could get wild very soon. IMO-- job's not done, hold on tight!Longby httpzUpdated 4
The giant whale of the options market is not optimistic about thThe crypto market is extremely weak, with all coins showing broken trends and most of the altcoin already hitting new lows for months. Looking at options data, despite a significant rise in HV, BTC short-term options IV is below 45% and ETH short-term options IV is below 55%, both at recent lows, and there is no significant growth in Block trading, with Block puts volume accounting for only 5% of the day's trading volume. The giant whale of the options market is not optimistic about the continued decline, and investors who believe that the market is about to experience major volatility may want to take advantage of the low cost of buying short-term options now, which is very cost-effectiveLongby Greeks_live2
Bearish BTCBTC should retrace fib, and target 51K by the end of June. Then 5 waves up. That would be a strong move for BTC and alts to follow. My fav alts are ROSE, XCN, and I watch their AI stocks to take off soon. Shortby bigfootInvestments2
57 ???? The movement of Bitcoin was represented by the late copy in yellow.... The copy was extracted from the bottom of 15 thousand, and it is still valid and correct. Now, will he follow the copy? As is the subject...look at the drawing and know the detailsby ALMANALALYAFAI2
BTC SELLThe market is currently pointing to the downside based on current structure which is forming a divergence on the 12HR TF. We could see sellers coming in strong from current price range Disclaimer: Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account. High-Risk Warning Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.Shortby WiLLProsperForex3
BTC: Short term analysisLooks like BTC broke down from the channel. Looks like head and shoulder bearish pattern. It is goes back up and stays above the line, it has good chances of strong recovery. Looks like confirmation is needed here, may be backup to 57k to 59k and then come back down to 52k. FOMC today will swing stocks very aggresively. Happy tradingby MarathonToMoonUpdated 2
BTCUSD forms a double top patternOn the daily chart, BTCUSD fell back after testing the 72,000 mark, forming a double top pattern in the short term. At present, attention can be paid to the resistance near 68,450. If there is resistance at this position, short selling can be considered, and the downward target is the 60,500-63,000 area.Shortby XTrendSpeed1
Just a taste...Bitty has officially broken support and is just getting started. Next price target is in the range of 62.5-63.5k. Shortby SmallBagsHereandthere2
BTC Daily Update s you can see, BTC is approaching a critical dynamic support level that originated from the 25k range. If this support breaks, we could see a surge down to the 52k, or even 48k levels. Given this potential breakdown, consider avoiding long positions for now. If the support is breached, we'll be looking to set up a short trade targeting at least 60k. Stay tuned for more updates and precise trading strategies.Shortby Lamassu_Trade2
BTC/USD Holds Above Key Support Amid Seller PressureHello Everyone, BTC/USD has experienced a recent decline but has managed to find support above the monthly pivot point, which is overall encouraging. The recent monthly low was at 64,600.75, a relatively resilient figure given the circumstances. Sellers are currently exerting significant pressure, yet we remain optimistic about potential future gains! BTC, let's keep moving forward! TradeWithTheTrend3344Longby TradeWithTheTrend33443
Correction It is expected that the price will fluctuate in the current resistance range and then continue the downward trend. If the price crosses the resistance range, it will be possible to climb to the next resistance range. Shortby STPFOREX2
BTCUSDTHere is a short #TrendAnalysis on #BTCUSDT. Watch the whole video to see what to do if you are in a trade. If you are not in a trade wait for it! 03:04by XTradeSetup3
Bitcoin is at a Cross roads and MUST break a trend or loose High One of the MAJOR things we look to in trading are TRENDS. They give us patterns and Signals and the Longer a trend has existed, the stronger the "Suggestions" it can Give. Bitcoin has been in a rising Trend since it hit a Low in 2011. From this point, it has been subject to rejection off a Fibonacci Spiral. ( I have explained this in detail in other posts, so I will not spend to much time on it now ) The ATH's of 2013, 2017 and 2021 all were rejected off that line. What is VERY important to understand here is that a Spiral does not always rise...Once it reaches its apex, it will begin to descend again and that apex occurs around Feb 2025. Bitcoin has to break out of this Trend with Positive momentum. What is slightly concerning, is that PA is up high, near that line of rejection already. This RSI chart shows us that we do still have room on the RSI to go higher. The Vertical lines are the previous ATH's and where RSI was at that point. IT is the lower time frames that are currently cooling off but the weekly MACD, for instance, It still high and Just turning Bearish....We have 8 months for it to cool down to neutral or lower and it should manage that. Something that has also really crossed my mind is the Volume since 2011. "The Volume indicator is used to measure how much of a given financial asset has traded in a specific period of time. For example, with stocks, volume is measured by the traded shares. For futures, volume is based more on the number of contracts. By looking at volume patterns over time, traders can better understand the strengths of advances and declines in stocks as well as in markets in general." ( taken from Trading View ) What we are looking at there is a STRONG BEARISH DIVERGENCE. But do not worry, BTC has, in its history, had a remarkable habit of defeating this type of thing while in a Bullish state, as it is now. But it HAS to break this trend and get out and Above that upper line. I have little doubt that Bitcoin can break this trend. But as we move into the corporate World, things will change for all of us in Bitcoin's world now. For instance, that drop in Volume .... The Asset was able to be traded in higher volumes when you could buy 1000 Bitcoin for the price of a Beer. It is a little harder to do now. And People are "Betting" on BTC via ETF now and not directly Buying and these large Corporations will begin manipulating the price... WE NEED TO HOLD OUT BITCOIN CLOSE = NEVER SELL - The other indicators in the original image are, from top to bottom, VOLUME RSI SOPR MVRV Z Score ATR On a final note. This chart is from Bitstamp, the Exchange that ROBINHOOD just bought. That is one of th elarger financial corporations in the USA...they would not have just bought this exchange if there was a chance of collapse........But......always best to be aware of potential by Orriginal2
BTC Rejects $70K: Recovery Fails Following Fed AnnouncementBitcoin witnessed a strong rise above the $68,500 resistance area. It tested the $70,000 level, but after the Fed announced the interest rate hold at 5.5%, a strong bearish reaction was observed. Bitcoin started a new decline from the $70,000 resistance zone, and the price is now trading below $68,550 and the 100-hour simple moving average (SMA). Uptrend Line and Support: There is an uptrend line forming with support at $67,500 on the hourly chart of the BTC/USD pair. The price is facing resistance near the $68,250 level. This means there is sufficient buying pressure to prevent the price from dropping further. This level is considered a strong support based on previous price movements. Resistance Levels: The price is struggling to rise above the $68,250 level. This level acts as a barrier to upward price movement. Therefore, the first major resistance can be at $68,550, as this level is a key resistance point where the price is expected to face more difficulty in breaking through. Fibonacci Level: The 50% Fibonacci retracement level is used to identify potential support and resistance levels after a significant price move. In this case, the 50% Fibonacci retracement of the drop from the $69,969 high to the $67,148 low indicates that the $68,550 level represents half of the downward move between the high and the low, making it an important resistance level. Next Important Resistance: The next key resistance could be at $69,200, a level where the price might face strong selling pressure, making it harder for the price to rise. This level is an important resistance point to watch. A clear move above this resistance could push the price towards $70,000, a significant psychological level where investors might expect increased selling pressure. Further gains could drive Bitcoin towards the $71,200 resistance, which could act as a temporary stop or barrier to upward price movement. If this resistance is broken, it indicates that the market has sufficient strength to continue rising. Trading Recommendations: Buying Opportunity: If Bitcoin succeeds in rising above the $68,550 level, buying positions can be opened with targets at $69,200 and $70,000. As mentioned, the $70,000 level is a major psychological barrier and strong resistance in the market. It is crucial to place stop-loss orders below $68,000 to manage risk. Selling Opportunity: If the price fails to stay above the $67,200 support level and drops below it, this indicates weak buying pressure and increased selling pressure. In this case, the price could drop to $67,000, a nearby support level that might see some temporary stability. If the downtrend continues, the next target would be $66,000, a major support level that could offer a buying opportunity or other trading decisions. Investors should always keep an eye on global economic events and any statements from the Federal Reserve, as they significantly influence price movements. Relying on both technical and fundamental analysis is essential for making wise investment decisions in the volatile cryptocurrency market.by bbitar3
BTCUSD new update Hi, Today is a good moment to enter long at BTC, because we already reach fibonacci support zone at 64K-66K. This is a strong support area, since BTC stuck at 1 month consolidation. If fibonacci support able to hold bearish, Our target at $71.933 sorry for late update, coz I have a heavy schedule with my student. But I will try to update this analysis if I found a new key level. Thanks, Happy trading Longby AzrulAzir5
BTC: Bullish market structure. Support retest before the rally Bitcoin is declining as localized negative sentiment prevails in the market. A small shakeout and liquidation will allow the big player to gather liquidity faster before further growth I'm keeping an eye on areas such as: Rising support line Support 64589 Support 66500 Strong moves are much easier to stop than if price approaches support slowly. Accordingly, the most probable scenario is a rebound in the form of a false breakdown These zones are a pool of huge liquidity and a false breakdown could be formed at the low before price heads towards 71566 with a view to breakout and further rise towards 80KLongby Gold-Tech225
BTC SELL SETUP , Sold at $69,525BTC PERPPETUAL TRADE BTC SELL SETUP Currently $69,460 Sold at $69,525 (Trading plan If BTC go up to $70,400 we will add more sell) Expecting target $68,300 0R DOWN Incase of early exist will update this anaylsis Its not a Financial Advice Shortby salahuddin20041Updated 8
BTC $ 255 000 this BULL RUN?Hello, everyone!💥 Today, let's talk about Bitcoin and its prospects for the coming years. What should we expect? Let's compare the two previous bull runs. To start with, every four years, the reward for Bitcoin miners decreases, a phenomenon known as halving. Why is everyone so waiting for halving? Well, when the next halving occurs, miners receive half the rewards, reducing the speed of new Bitcoin mining and consequently lowering its inflation rate (devaluation). No one knows for sure what will happen next time, but it's worth making predictions based on the history of previous years. Especially since it's very transparent and repeats itself time and time again. Let's take a look at the chart I've prepared for You.🧐 On the chart, I've marked two wedges, which I've colored white. The blue arrows indicate the regularity of three-year cycles. This is the time it takes for these channels to form and the regular way they break out. After the breakout, the growth percentage is approximately the same ~550%.🚀 Assuming that the breakout occurred last year, from the $40,000 mark (the price has already corrected as it has done every time before - orange circles), and the growth will be like previous times, theoretically, the price in this bull run could reach the $255,000 mark.😱 🧐Do you believe in such growth? Are you concerned about the situation in the world? Share your thoughts in the comments. 💡I also wanted to share my previous chart with you. Perhaps you'll find it interesting. Thanks for Your attention! Always sincere with You, Your Kateryna🫶 Longby RocketBombUpdated 353567
Bitcoin: can it hold?Previous week was the one devoted to macro data. There has not been much developments on the crypto market fundamental side which impact the market sentiment. The US jobs data were the ones that shaped investors sentiment, in which sense, investors were more oriented on traditional markets. The price of BTC was moving again in a relatively short trading range, between levels of $67,7K up to $71.7K. It is interesting that during the Saturday`s trading session, BTC was moving in a range of only a few pips. This is a considerable slow down for BTC, not seen frequently on the market. BTC is ending the week modestly below the $70K support line. The RSI is still moving slowly around the 55 level, indicating that the market is just not ready for the move toward the oversold market side. Moving average of 50 days is still slowly diverging from its MA200 counterpart, without indication that the cross might come anytime soon, and in line with it, the change of trend. As per current charts, it seems that the BTC market has completely exhausted itself. This is usually a positive sign on traditional markets, which indicates that a major breakthrough is going to occur in order to start a new cycle of volatility. Since March this year, BTC has been trying heavily to break the $70K resistance line, but it always went without success. This was the case also during the previous week. Another attempt was without success. The jobs data for one more time pushed the price of BTC back to $70K and levels modestly below it. So, the question is what the market is waiting for? At this moment Fed's interest rate decision is in the focus of market participants, so BTC would most probably have to wait for another week, until market returns interest for the crypto assets. As per current charts, some retracements might be probable in the coming period. However, whether it is going to be within the week ahead, stays unclear. Eventually $ 67K might be the next short term target of the BTC, if the market decides to start final retracement toward the oversold market side.by XBTFX8
BTC Price Action- Quick update and not a price prediction, just to give a general idea. - Timeframe is only H4 ( and i don't like too much small TF, lot of noise there) - Just to monitor the PA between 72k$ ish and 60k$ ish. - this PA could form a ranging consolidation to the next leg. - if BTC dip again, the next support is around 50k$ ish. - Keep things simples. - I don't scalp, nor leverage, but if u want to gamble. - First you need to know " Where to Gamble ". - Don't forget Halving is very close. - BTC Volatility will grow faster. - BTC.D not yet maxed imo. Happy Tr4Ding ! by thecryerUpdated 4424