Btctrend
#BTC/USDT lONG
#BTC
took a breather last night, but don't sweat it! This pullback is just a bump in the road, and the trend is still pointing upwards.
The price is chilling below $43,700 for now,
but I'm expecting a rocket launch soon. Buckle up,
next stop $45,300, and if that goes smoothly,
$47,500 is calling our name!
Scalping Idea For Trading Bitcoin today {10/03/2024}Educational Analysis says BITCOIN BTCUSD may move in this range for some time according to my technical.
Broker - bit stamp
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why this range?
Because the 15-minute time frame has made Change of Character show signs of weakness of the bull run, maybe head short selling for discount level in 4 hour time frame, plus 1 min time frame has turned bearish also has Change of Character look on
So I will be trading this pair for a 1:15 risk-reward ratio for short selling.
Let's see what this pair brings to the table in the future for us.
Btc Short at 69,196
Stop loss at 69,556
Take profit at 63,409
Please check the Comment section on how it turned out for this trade.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
Daily Bitcoin Update - March 5, 2024Yesterday CRYPTOCAP:BTC rose above the light blue resistance zone, and rallied towards previous all time highs around $69k. However, BTC stopped just short of reaching new all time highs at the orange trendline. There has been a pullback and retest of FWB:65K , and BTC is continuing to show some strength this morning with a bullish bounce. I think the price is likely to trade sideways below SWB:69K for now, and we'll see if BTC starts to break down over the next few days.
CRYPTOCAP:BTC Attempting a Bullish Retest of $63.9K Here
CRYPTOCAP:BTC has started dropping, but BTC is attempting to form a bullish retest of this $63.9k resistance line to flip it into support here. Looks like there will be a bounce and rebound here. I think BTC could continue trading between GETTEX:64K and SWB:69K for now.
Every Fair Value Gap & Volume Gap For Bitcoin {10/02/2024}Educational Analysis says BITCOIN BTCUSD may move in this range for some time according to my technical.
Broker - Coinbase
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why this range?
Because I think It's going to be short selling for Bitcoin this year or up to the end of this year, There is a lot of liquidity as fvg & volume gaps to the downside.
Bitcoin Institutional traders have built a lot of liquidity when the price was very low, I think it's time to collect it and after that go for an all-time high.
Let's see what this pair brings to the table in the future for us.
Please check the Comment section on how it turned out for this trade.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
bitcoin will fall below $54Kin multi time frame bitcoin 3th wave of elliote is finished and the 4th wave will be coming.
first buying area is $51k and if the box doesn't work as a support zone, price will goes to discount zone which is start from $39700.
below this level is a awesome opportunity to buy and a new ath.
any wicks above $64001 is just B wave from 4th wave.
Was i wrong? BTCI wasn't posting updates on BTC for a reason: nothing is clear yet. Was i wrong? I am short with an avg entry of 53k actually, and yes, i am in loss. I am still holding it. I am holding because we are at major resistance ($51.800 is a major daily resistance) and Greed is Extreme. Honestly, i think this is a trap from ETF funds that are just showing potential profits to new, big clients. As soon as funds will take profits, we could see and massive correction. $50.000 is the first support zone, $42.000/$44.000 is the second main support zone.
$BTC Daily UpdateCRYPTOCAP:BTC #BTC Given resistance at $62,580 in effect, current support at $61,614-$60,951, previous 1D closed bullish, RSI on 4H and 1D in overbought region which could result in support test for short term. Next key resistance areas to watch $63,544, $64,344, $65,521, $66,323-$66,961, $68,546.
A Roadmap on How this Year May Turn Out | QQQYet again buyer are still able to keep price higher and higher but at the same time we can spot weakness in each rally that occurs.
Key note to look out for is that this rally that started in 2023 seems similar to the last in 2020 except for the Feds stimulus package that set the economy in turbo mode. As highlighted in green you can analyze the strength in both rallies to help predict what this year could look like, and going into the next.
Based on the analysis QQQ is set to hit around $500 near the end of this year. As seen with technology carrying the market on its back, BTC, NVDA, and top performing assets are really set to explode even higher than what we see now.
Buckle UP
How latest BTC bull run has been predicted by Ninja Trend v2
Starting January 15th, Bitcoin (BTC) was experiencing a slight downward trend until January 29th, when it stabilized. On January 31st, with the price at $42,700, the Ninja Trend V2 indicator signaled a buy, marking the beginning of a strong upward trend that continues, with the price now at $60,000. I believe Bitcoin will remain on this upward trend until the indicator shows a neutral (grey) signal. If you didn't join in on this rise, it's not too late. Consider exploring some Alt coins, as they are likely to follow Bitcoin's upward direction.
BTC/USDT BinanceBTC/USDT Binance
4H hollow candlesticks
After a price rise of +25%, a Fibonacci channel has formed, combined with an Ascending triangle.
As there are also new Support & Resistance points.
From here, we can conclude the following:
At the end of the Ascending triangle, there will be a price break out.
The price must break the golden ratio of the Fibonacci channel so that moves to higher levels.
We can see a hypothetical price future move from a repeated previous move (Bar Pattern / Fractal) from early November 2023.
It is worth noting that the volume has increased significantly.
Market Cap: $1.65T -0.04%
24h Vol: $45.94B -7.70%
Dominance:
BTC: 52.3%
ETH: 16.3%
Good Luck
#CryptoHellas Team
BTCUSD Bullish flagBTC still perform sideways inside bullish flag pattern, If this pattern broke up target at $57,264.
If you aim for bullish at BTC, flag support are the good idea to enter long position.
If this pattern broke down, we still have another trendline support at 48,074 .
This support also as classic support and resistance level.
BTC BITCOIN Technical Analysis and Trade Idea#BTC's recent bullish run has been noteworthy. However, I'm watching for a potential buying opportunity if we see a decisive retracement down to the 61.8 Fibonacci level. A subsequent retest and failure of a range at the low around the current support level formed during that pullback would provide a strong entry signal for #Bitcoin. As always, it's crucial to remember the inherent risks of trading. Conduct your own thorough research, factoring in fundamental market drivers and the broader macroeconomic landscape alongside your technical analysis. Never neglect sound risk management strategies to protect your capital.
Disclaimer: This analysis offers a technical perspective on BTC and should not be taken as investment advice. Tailor your trading decisions to your specific risk tolerance, informed by comprehensive market research and a holistic assessment of all relevant factors.
BTC / BTCUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
2022 to 2026 Bitcoin Market Cycle?Obviously, I don't have a crystal ball, however, just for fun I have estimated what the timing of this current market cycle may look like. I haven't made any predictions on the chart as far as the peak price or the price of the next bottom. Although, if the trend of diminishing returns continues I would expect a peak between $80k and $90k. If that trend is broken a peak between $100k and $200k is likely.
What I have done on this chart is laid out the dates when each event may occur. I estimated the dates based off of the average elapsed times between the events from the last two market cycles. In doing this, I am making a big assumption that this market cycle will follow the timing of the last two cycles. So far this assumption appears to be correct. The estimated elapsed time from the bear market bottom on November 21st 2022 to the upcoming halving on April 18th will be 515 days. That is very close to the elapsed times from the last two cycles (542 and 513 days).
But, that doesn't mean that the elapsed times between the remaining events will closely match the past cycles. One recent event that could very possibly alter Bitcoins market cycle is the approval of 11 Bitcoin spot ETFs on January 10th 2024. Bitcoin futures ETFs have been around for seveal years but they differ from a spot ETF. A Bitcoin futures ETF holds Bitcoin futures contracts to get exposure to the price of Bitcoin. A Bitcoin spot ETF buys actual Bitcoin which is then held by a custodian in a secure digital wallet.
As we all know the amount of available Bitcoin is finite, and with the upcoming halving each block will produce half as much (3.125 per block mined). The approval of the spot Bitcoin ETFs will dramatically widen access to the world’s largest cryptocurrency for not only institutional investors but also retail investors. This additional demand for Bitcoin could very well exacerbate the already tight market supply driving up the price faster than previous cycles.
Only time will tell how this current market cycle will play out. It will be interesting to use these estimated event dates to gauge how this cycle compares to the previous cycles. If we see Bitcoin hit a new all-time high well before the estimated date it could mean that we could see a left translated cycle. However, it could also mean that the additional demand from the ETFs will drive the price of BTC to levels beyond what most analysts believe is possible.
BITCOIN MOVE UP OR DOWN? WHAT'S NEXTThe current Bitcoin (BTC) price stands at 51,668, and there is an attempt to surpass the resistance at 51,800. If successful, BTC is expected to climb to 52,500, with the subsequent target being 53,200. Conversely, a failure to breach the 51,800 resistance and a drop below 51,400 could trigger a sell-off. In this scenario, the first sell target is set at 50,600, followed by a potential decline to 49,000 if market conditions do not support sustained levels. It is crucial to closely observe the market for any indications of a breakout or a change in established patterns.
Bitcoin Weekly AnalysisAfter further analysis, this is my view.
- RSI some bearish divergence
- MACD nice and clear bounce and histogram losing steam
- OB hit with some rejection
24 hours before the close of the week, a potential Doji Candle is forming
With that said, it remains somewhat bullish IMO with the possibility of a last wave missing.