BTCUSD retest 70k?While the price of bitcoin continues to be undervalued, i genuinely think we see a bullish rally back to 70k, while this isn’t the usual ideal trade I’ve been long since day candle open and so far so good. I will wait and see if price holds till we hit 70k. Longby mr_mat_sa0
BTCUSD - 100k but not an easy path..COINBASE:BTCUSD has had a fairly decent run this year and looks like it will continue. The path seems to be filled with decent Pullbacks to scare a few people but overall looking like 100k will be the major target for now. The multi year ABCD from the 2020 low gives us a target around the next major level of 80k. The question now is if this PB we had from Thursday is done or will we see one more move lower to the 382 from this move up around the 60k level. There are a couple of major turn points coming up that I will post. I will take a look at the shorter TF as well to give some levels to watch. US Interest Rate decision on Wednesday this week as well will move the market as well. Longby L_FUpdated 4
BITCOINMicroStrategy: Bitcoin Holdings: Over 140,000 BTC Value: Approximately over $5 billion (depending on BTC’s current price) Tesla: Bitcoin Holdings: Around 42,000 BTC Value: Roughly $1.5 billion (at initial purchase time; current value varies) Galaxy Digital Holdings: Bitcoin Holdings: Approximately 16,402 BTC Value: Roughly $500 million (subject to BTC’s market price) Block, Inc. (formerly Square, Inc.): Bitcoin Holdings: Around 8,027 BTC Value: Estimated around $320 million based on the current BTC price Bitcoin Investment Trusts and ETFs: Grayscale Bitcoin Trust (GBTC): Bitcoin Holdings: Over 600,000 BTC Value: Approximately $25 billion (subject to BTC price) Purpose Bitcoin ETF (BTCC.U): Bitcoin Holdings: Varies, typically in the tens of thousands of BTC Evolve Bitcoin ETF (EBIT): Bitcoin Holdings: Similar range to Purpose Bitcoin ETF, varies based on market conditions and fund inflows/outflowsLongby alexpv730
Safe ENTRY BUY BTC - 61000-62000 (Target 70000)!!!!!!Dear Traders, BTC now is playing range of 60000-70000 ( and i expect price will Start Upward from 61000-62000 Area ,,, and First Target is 70000 Blue Box (safe Entry) by Jellytian0
THE QUEST TO 170KBTC is heavily traded by retail, making it a prime target for Elliot wave forecast. While you may think 170k is not possible, many said the same about 20k and 70k.Longby BlueLineTradingLLC0
BTC - Local top From the wave character, looks like X wave is topping for another sharp leg down to sweep off the lows before making a new ATH. Good R/R.Shortby ponzialchemistUpdated 8
Bitcoin(BTC/USD) Daily Chart Analysis For Week of June14, 2024Technical Analysis and Outlook: Bitcoin consistently reached our defined Mean Support of 67500, as outlined in the Bitcoin Daily Chart Analysis for the Week of June 7. Additionally, it surpassed this level, touching our Mean Support 65000. Upon completing the Inner Coin Dip 64500 and validating the end of the down movement, we anticipate a renewed Bull Stage trend, initially targeting the designated Mean Resistance.by TradeSelecter0
Seeing others make profitable trades can lead to envyFor new traders, market decisions are often driven by emotions like fear and greed, rather than well-established trading strategies. While much has been written about this, there are other significant factors that influence traders' decisions: Social Pressure: Traders often make trades based on the opinions and actions of others, rather than their own strategies and the real market situation. This social influence can come from chat rooms, online communities, or social media, where opinions are frequently voiced by other inexperienced traders. Envy: Seeing others make profitable trades can lead to envy. This emotion pushes traders to make impulsive decisions, such as entering trades without proper analysis, hoping to replicate others' successes. Instead of waiting for their own signals, they act on impulse and lose control. Common Mistakes Among New Traders: Reacting to News and Opinions: Rather than following their own trading vehicle (strategy), novice traders often react to news or opinions from others. This leads to decisions that are not grounded in their own analysis. Overactivity: Many mistakes stem from the feeling of needing to always be active in the market. New traders see others trading successfully and feel pressured to do the same. This can result in excessive trading and taking positions without proper signals. Paralysis from Fear: When a genuinely good opportunity arises, traders who have been overly active may be too paralyzed by fear to act. Their energy is wasted on meaningless transactions, and negative emotions cloud their judgment. Impact on Trading Performance: Wasted Energy: Excessive, impulsive transactions deplete a trader’s energy and focus, leading to poor decision-making when real opportunities present themselves. Negative Emotions: Constantly reacting to others and not following a personal strategy can result in frustration and dissatisfaction, which negatively impact self-esteem and confidence in one’s trading vehicle. Loss of Control: Acting out of fear, greed, social pressure, or envy leads to a loss of control over trading decisions, causing more losses and missed opportunities. Key Takeaways for New Traders: Develop a Personal Strategy: Rely on your own trading plan and analysis. Stay Patient: Wait for your entries and avoid impulsive trading. Manage Emotions: Keep emotions like fear, greed, envy, and social pressure in check to maintain control over your trading decisions. Focus on Long-Term Success: Avoid excessive trading and focus on making informed, strategic trades. By being aware of these psychological factors and actively working to mitigate their impact, new traders can make more informed and rational trading decisions. ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"! Educationby Crypto4light1
(BTC) bitcoinHere is a perspective that is different than a long view that is always optimistic. A lot of the time due to so much optimism in cryptocurrency for BTC to determine when the price will actually decrease is a lot more difficult. From what I can see in the image the pink dot line appears to reveal a pattern where when the line is flat certain factors in cryptocurrency occur. Whether or not those factors are necessarily happening now is really up to the viewer of the chart. This is a combination of moving averages and adding a sixth line which is a combined average of averages with a time period of 150 the sum of all the smaller lines. The chart is with vwma. by CryptocurrencyBlot0
BTC Supported at $65KBuyers are defending at FWB:65K levels. This level was the high of 1 Apr 21 on the month chart. Watch the outcome of this level.Longby chriseah110
Thoughts on the market & how I am trading thisI wanted to post a more precise idea. My previous ideas were bullish Bitcoin but I wasn't sure where price would bottom. So I drew a large rectangle to show where I would start scaling in. Now I believe we are close to the absolute bottom before new highs. I would look for price to hold for a few days first, while also being able to make new highs on a smaller timeframe. Then I would TWAP over a few hours to get fully filled. The position size can be increased as well, if Bitcoin is able to reclaim 67-70k. If we keep looking weak, I will exit. Longby r900000
SELL YOUR BITCOIN AND GO TOUCH GRASS IN THE SUMMERINDICATOR SIGNAL - SELL SELL YOUR BITCOIN AND GO TOUCH GRASS IN THE SUMMER I want this to buy wrong on BITCOIN Last 3 summers has been either sideways or down Need y'all to start bidding I was promised onchain summer in 2024Shortby SpecuVisionary0
BTC/USD 18/03/24 The wise choice would be to be Bullish due to previous price action... although being at previous resistance means we could fall... Currently above 60K, a test of support expected (consolidation). We either drop or continue with the pump (Bullish).by DENCHMONUpdated 2
$BTC Short Term PlayThis is my idea about CRYPTOCAP:BTC short term, please be cautious as we approach the halving date. I didn't enter in this trade, this is just an idea. * This is not FA and please DYOR. Longby SakozaUpdated 7
BTCUSDWhy BTC could touch 44.000 usd? In my previous chart I predicted price to 31.000 usd. If price can not go up, price will go down. RSI is bearish, we have head and shoulders on RSI, it means that price need correction. Weekly chart.Shortby MladenJelic0
Bitcoin fighting to break away from 60k zone for goodthird time in bitcoin history it broke 60k but recently has been showing signs of breaking up for good. Thoughts? Longby arizalamoreno1
Bitcoin Halving - What will happen? Historically, Bitcoin halvings have been associated with price increases in the past. Supply Reduction: Bitcoin halvings reduce the rate at which new Bitcoins are created, effectively reducing the supply. Historically, this reduction in supply has led to upward pressure on the price as demand remains relatively constant or increases. Halving Anticipation: Many investors and traders anticipate Bitcoin halvings, and this anticipation can lead to increased interest and buying activity leading up to the event. The "buy the rumor, sell the news" phenomenon can contribute to price increases before the actual halving takes place. Historical Patterns: In the past, Bitcoin has experienced price increases in the months leading up to and following a halving event. While this historical pattern doesn't guarantee future gains, some investors may use it as a basis for their investment decisions.Longby MiguelFTCuradoUpdated 112
BTC HALVING - What will happen? Historically, Bitcoin halvings have been associated with price increases in the past. Supply Reduction: Bitcoin halvings reduce the rate at which new Bitcoins are created, effectively reducing the supply. Historically, this reduction in supply has led to upward pressure on the price as demand remains relatively constant or increases. Halving Anticipation: Many investors and traders anticipate Bitcoin halvings, and this anticipation can lead to increased interest and buying activity leading up to the event. The "buy the rumor, sell the news" phenomenon can contribute to price increases before the actual halving takes place. Historical Patterns: In the past, Bitcoin has experienced price increases in the months leading up to and following a halving event. While this historical pattern doesn't guarantee future gains, some investors may use it as a basis for their investment decisions.Longby MiguelFTCuradoUpdated 113
BTCUSD Support Rejection At $66208.53 14.06.2024BTCUSD support rejection at $66208.53 on 1hr chart. If rejection holds: Target $67025.48. Break above $67025.48 targets $67668.23. If rejection fails: Target $65170.17. Break below $65170.17 targets $63849.31. Apply Risk Management 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) DisclaimerLongby BDSwiss_Academy0
BTC/USDTA butterfly spread involves buying and selling call options at three different strike prices. It's designed to profit from a moderate price move to the middle strike price while limiting potential losses. This strategy provides a balanced risk-reward profile, making it attractive for traders with specific market expectations.Longby B9A-88652-NisarAhmad0
btc how I think cycle will play out for my own reference so won't explain much x.com maybe just read this and think how that institutional money + ETH ETF trading starting fits into the chart inshallah PREby famousFlamingo98710