Btcusdtlong
#Bitcoin Latest Update!#Bitcoin
There's solid support around GETTEX:92K -$94K where the price has bounced back several times.
Strong resistance lies between $99K-$99.7K, with another resistance at $102.7K, as shown by recent rejections.
After the recent pullback from the December high, the price seems to be consolidating. Signs of potential recovery are emerging.
Keep a close watch on these key levels!
IMO, CRYPTOCAP:BTC will consolidate in this range, and #alts will likely bounce.
Stay tuned, and share your thoughts in the comments.
Follow for more updates.
#Crypto
DYOR, NFA
Why Bitcoin is going down, Reason? - fxdollars- {13/01/2025}Educational Analysis says BTCUSD may move DOWN from this range, according to my technical.
Broker - COINBASE
Because the BTCUSD pair showed some bullish weakness, it finally did liquidity, which was taken out on buy-side orders to show a sign of a downtrend, and I am looking to counter-trend this position.
Let's see what this pair brings to the table for us in the future.
Please check the comment section to see how this turned out.
DISCLAIMER:-
This is not an entry signal. THIS IS ONLY EDUCATIONAL PURPOSE ANALYSIS.
I have no concerns with your profit and loss from this analysis.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
BTC Price Forecast: Will Accumulation Zones Lead to a 50% Surge?We are analyzing a BTC/USD weekly chart where the price is holding strong support above the rising trendline, marked in blue.
First Scenario:
After breaking out of the resistance trendline, the price rallied by 135%, as shown in the first green box. Notably, there was a small accumulation phase in the red-marked zone before the breakout.
Second Scenario:
Currently, the price is steadily moving upward, forming another small accumulation zone within the red-marked area. This pattern suggests a potential continuation of the bullish trend.
Outlook:
Based on these observations, the price could potentially rise an additional 50% from current levels. The Stochastic RSI supports this view, aligning well with the momentum seen in both scenarios.
Conclusion: The strong trendline support, recurring accumulation zones, and favorable momentum indicators point to further upside potential.
BTC 1H Setup This setup expects the price to move according to my previous 4H analysis, and we are rising up on the right shoulder of a bearish H+S on the way to ~98k.
Pink lines define the buy zone uptrend. There should be final accumulation/consolidation around 95.2 as the next bullish move after that is going to be trying to punch thru 96k into the bear accumulation territory.
Watch carefully to ensure theres no funny business when 96K comes around and also if price action is congruent to the rising wedge implied in the chart drawings(until $95200). Buy between the pink lines and anticipate closing at any of the fib levels above 97k. So far my entries within the buy zone did alright with 30x leverage with tight stops well inside the zone.
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"BTC Alert: Sellers Dominate Until the Price Hits the Bottom!"BINANCE:BTCUSDT
COINBASE:BTCUSD
📈Which side you pick?
Bulls or Bears
Bitcoin (BTC) is currently forming a repetitive pattern. 📈 The price will test the identified support at the bottom of the channel, which could drive the price down toward the 86K-88K level. 📉
If the price drops below 92K, we may see a more significant decline into the 84K range, possibly accompanied by a long shadow reaching the 80-82K area (highlighted in red). 🔻🔍
🧐The Alternate scenario:
If the price stabilizes against the direction of the position below or above the trigger zone (92K), the setup will be canceled.
Bitcoin's Key Zone in Danger: Watch for the F.V.G LevelBTC/USDT is currently trading above a key support zone, but strong selling pressure is evident.
If the price breaks below the marked support level, we could see a sharp drop toward the Fair Value Gap (F.V.G)
The bullish rally may resume from that point. For now, it's best to avoid fresh entries and wait for clear bullish confirmation.
BTC/USDT Breakout Strategy & Long SetupThe chart presents a clear structure for BTC/USDT on the 4-hour timeframe. After a significant retracement from the recent highs, BTC has formed a descending channel, which it has now broken out of, signaling potential bullish momentum.
Chart Observations
Descending Channel Breakout
BTC was trading in a well-defined descending channel, consolidating near a critical demand zone. The breakout above this channel suggests a potential reversal in trend.
Key Support Zone
The price has respected the support range between $94,800 and $95,400, which aligns with a high-volume area and serves as a strong buy zone. Buyers have consistently stepped in here to defend this level.
Demand Zone Test
A retest of this support zone has provided a new opportunity to accumulate long positions. The candlestick wicks and volume activity indicate significant buying pressure in this area.
Ascending Channel Formation
Post-breakout, BTC is trading within an ascending channel, which offers potential upside targets as the price moves towards the upper resistance trendline.
Short-Term Pullback Completed
The previous bearish movement was capped at the support zone, with the "short position" trade closed as the price reversed into bullish territory. This reversal strengthens the case for a long position targeting higher levels.
Volume and Momentum
Increasing volume near the breakout and demand zone suggests that buyers are regaining control. Momentum indicators (not shown here) likely confirm this bullish bias.
Key Insights for the Trade Idea
Buy Zone The optimal entry for this trade is between $94,800 and $95,400, coinciding with the retest of the support zone and the lower trendline of the ascending channel.
Stop Loss: A tight stop loss at $92,574 protects against downside risk while allowing room for natural price fluctuation.
Targets: Gradual profit-taking is recommended at the following resistance levels, derived from Fibonacci extensions and key price levels.
Targets 🎯:
$96,333 – Immediate resistance and the first key level of profit-taking.
$97,285 – Mid-range resistance within the ascending channel.
$98,230 – Upper mid-point of the bullish channel.
$99,212 – Close to psychological resistance and ascending channel boundary.
$100,211 – Psychological round number and major resistance zone.
Stop Loss
$92,574: Positioned below the critical support zone to avoid invalidating the bullish setup.
This setup presents a high-risk-to-reward opportunity with clear entry, exit, and risk management strategies. Adjust position size according to your trading plan and always adhere to risk management principles.
BTC LONG TP:105,000 06–01-2025In the 1-hour timeframe, Bitcoin is displaying a bullish pattern that suggests it should continue in that direction over the next 12 to 16 hours. However, it is important to note that if this expected movement does not materialize, the bullish pattern would be invalidated, potentially altering the short-term price outlook. Therefore, it is crucial to monitor the market's evolution closely in order to make informed decisions.
Alternative Scenario for BTC (Still Uptrend)Bitcoin “spoofing” sees price support disintegrate
Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it dipped below $98,000.
The move came amid macro reactions to US Job Openings and Labor Turnover Survey (JOLTS) data, which showed a hiring surge in a boost to the labor market.
“Market catalyzed lower on JOLTS rising, however without initial jobless claims going up a rising JOLTS means one thing - JOB CREATION,” popular trader and YouTube channel host Matt Cowart responded in a post on X.
“Excited to let the market fall today and back into longs tomorrow.”
Fully reversing snap gains from the day prior, Bitcoin was at the mercy of large-volume traders as recently placed support disappeared.
BTC Ultra SNIPER SCALP to 100,000K!!!PLEASE CHECK RELATED PUBLICATIONS BELOW!!!
As mentioned in my earlier (linked below) BTC to 75k chart,
As it happened ditto,
one can sniper it to 100,450 to 101k from CMP with steep SL's to 97,350. remember its a sniper scalp. Stances are marked as such! Follow the new green line marked and link below marks how its been done earlier!
It was impossible not to make money! What will happen next?It was impossible not to make money! What will happen next?
We saw a predictable upward exit from accumulation.
How could we have known about it in advance?
Starting from December 20, the buyer took the leading position in the market, which was clearly reflected in the chart.
The key moment for full confirmation of the buyer's strength was the last two days of the past year, when liquidity was removed from the lows of the downtrend and a strong reaction from this zone was demonstrated.
What's next?
At the moment I am holding a bitcoin long taken just below the $94600 mark, for which you can find evidence in my Tg by clicking on the link below the post.
I consider the level of 107000$ per coin as a good profit taking point, but it doesn't mean that I don't expect the market to rise further after reaching this price)
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BITCOIN LONG TRADE SETUPA clear long trade entry was identified at $98,089 using the Risological Swing Trading Indicator .
The setup is already progressing positively, targeting levels:
TP1: $102,183.9
TP2: $108,809.5
TP3: $115,435.1
TP4: $119,529.7
Key Stats:
Current volume: 16.01K
30-day average volume: 96.64K
The trade setup aligns with a strong upward trend, providing excellent potential for hitting all targets efficiently.
Bold BTC/USD Long Entry: Key Support & Big Targets Ahead!Hey, traders! 🚀 Here's my long entry on BTC/USD on the 1-hour timeframe:
📊 Trade setup:
- Entry: $93,421.02
- Take Profit: $101,754.97
- Stop Loss: $85,195.40
I decided to enter here because the price is holding at a key support level, backed by oversold signals on the RSI and confirmations from the VIP indicator. The Stop Loss is strategically placed below the support to manage risk, while the Take Profit targets a strong resistance level for a solid risk-reward ratio.
What do you think? Would you take this trade? Let me know in the comments, and don’t forget to manage your risk wisely! 🔥📈
Disclaimer: This content is for informational and educational purposes only and does not constitute financial advice. Trading involves significant risk, and you should only trade with money you can afford to lose. Always do your own research and consult with a licensed financial advisor before making any investment decisions. 🚨📊
BITCOIN BEARISH FLAG BREAKOUT Bitcoin on H1 timeframe shows a strong potential signal sell due to formation of bearish flag breakout,This potentially attracts more sellers in the next trading days
Entry:94000.3
Target 1: 90784.1
Target 2: 86564.6
Target 3: 79813.2
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