BTCUSD Zone Sell Bitcoin (BTC) is recognised as the world’s first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental and technical analysis.
BTC/USD sell confirm
Btcusdlong
Pi Cycle Indicates The Bottom of Bitcoin.Pi cycle indicator has shown a bottom signal in July month, that’s the third time in the history of bitcoin.
This indicator accurately predicted the 2015 and 2018 bitcoin bottom.
If this indicator works for the third time then we are at the bottom of the bitcoin bear cycle.
Thanks
Hexa
BTCUSDT: 4-Hour Rally to 46000! 🚀🎯Dive into the world of BTCUSDT as we ride the 4-hour chart with an active trade, capitalizing on a strong uptrend. An order block has formed, and an adaptive trend is in play, signaling potential gains. Keep your sights on the target: 46000.
This is a dynamic market scenario, and active trading decisions should align with thorough research and risk management. Always stay informed and adapt to changing market conditions.
Note: We are not responsible for any profit or loss resulting from trading decisions. Trade responsibly and consider consulting a financial advisor.
Explore the opportunities, navigate the charts, and consider the potential of BTCUSDT with this active trade analysis. 🌊💹 #BTCUSDT #ActiveTrade #Uptrend #DynamicMarkets
BTCUSD H1 / POSSIBLE RISE AFTER THE RETRACEMENT 💲Hello Traders!
This is my idea related to BTCUSD H1. I expect a retracement until the resistance level, after that, I will look for a long entry. At this stage, I see Bitcoin as more bullish than bearish.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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Bitcoin Price in Need of a Boost: Key Levels to WatchThe current state of Bitcoin's value requires a push from investors, as the cryptocurrency finds itself hovering around the $43,000 mark at the time of writing. Following a 7.7% dip over the past weekend, BTC has fallen below the upward trendline, which previously acted as a crucial support level.
The Relative Strength Index (RSI) has also, for the first time in three months, dropped below the neutral 50.0 level, indicating a mild downward trend at present. Despite Bitcoin's attempts to break free from the 50-day Exponential Moving Average (EMA) at around $42,069, there is potential for recovery as long as the $44,000 barrier is breached.
The market sentiment surrounding Bitcoin hinges on the successful overcoming of the $44,000 resistance, offering a chance for the cryptocurrency to regain its footing. Investors will be closely monitoring this critical level, as a decisive breakthrough could pave the way for a renewed upward trajectory. As Bitcoin navigates these key levels, the coming days will likely unfold with significant implications for its short-term price action.
BTCUSD H1 / EXPECTING A BULLISH MOVE IN THE COMING WEEK 📈Hello Traders!
This is my idea related to BTCUSD H1. I see equal lows on the chart, a good sign for bullish sentiment. Before going bullish it set equal lows to collect some SL of the retails and now I will look only for long entries.
An objective, I have 2 TPs. The first one is above the FVG where we have an OB and the next TP is the second OB (you can see 30M chart).
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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BTC/USD Dynamics and Concerns over Attraction ForcesReaching the $48,000.00 mark earlier this week, some speculators may view this value as an upcoming attraction point for Bitcoin. However, traders in the BTC/USD market must maintain a realistic perspective, acknowledging the potential for Bitcoin prices to decline, and a one-way upward trend could pose a risky gamble, given the likelihood of lower reversals.
Risk management remains crucial for BTC/USD, and short-term volatility is expected to increase in the near future. Attraction forces persist for BTC/USD, and its value may decrease if Bitcoin holders decide to withdraw profits as financial institutions begin to engage in Bitcoin ETFs. The upcoming trading days in the BTC/USD market will garner attention, urging traders to exercise caution.
Short-term prospects for Bitcoin:
Current Resistance Level: $46,375.00
Current Support Level: $46,150.00
High Target: $47,200.00
Low Target: $45,540.00
This analysis underscores the importance of a balanced approach in the BTC/USD market, recognizing both attraction forces and potential risks. It provides a forward-looking perspective for traders, emphasizing the need for careful consideration in the face of evolving market dynamics.
Bitcoin Trades Sideways After SEC Greenlights Spot Bitcoin ETFBitcoin was hovering around an elevated flatline on late Wednesday after the Securities and Exchange Commission gave the go-ahead for the first spot bitcoin exchange-traded funds (ETF) to be traded in the U.S., as expected.
According to Coin Metrics, the cryptocurrency pared earlier losses and was most recently trading around $46,671. Meanwhile, the price of ether shot up as much as 15.5% to $2,606, the highest since May 2022. Most recently it was up 14.5% at $2,586.54.
The ETF approval is a milestone for the crypto industry, which first sought to launch a bitcoin ETF more than 10 years ago. Optimism has been building since Grayscale's major legal victory over the SEC in August regarding the regulator's refusal to allow them to convert their popular Bitcoin Trust (GBTC) into an ETF. The price of the leading cryptocurrency has risen 80% since then.