BTC DAILY ANALYSIS after taken liquidity sell side and retest fvg sibi we will see an expansion to taken liquidity buyside of equal high
- Tading is probability control your risk management.
Good luck !
Bitcoinprediction
Bitcoin Cup and Handle Pattern!BTCUSDT technical analysis update
BTC is forming a cup and handle pattern on the weekly chart. The price is currently forming the handle, which could take 1-2 months to complete. Once the price breaks the neckline, we can expect a significant bullish move in BTC.
Regards
Hexa
#BTC Short Update!#BTC: Holding Strong Within the Box and EMA
The anticipated bounce occurred within the expected region, reaffirming our position.
Now, it's crucial to observe the weekly close for more clarity. IMHO, avoiding FOMO and waiting for clear reversal signals is wise before making any moves.
Will share the weekly chart later today for the exact price levels which BTC needs to reclaim.
Let me know what you think in the comment section and please hit the like button if you find my updates helpful.
Thank you
#PEACE
BITCOIN SOON TO THE MOON, SHORT TERM TO 52.000 - 48.000 FIRSTLOOKING TO ACCUMULATE AT 51.500 maybe. 100k very soon. Dont miss it
Bottom in zone , first target .Evening friends, mastershark here .
Last ta i gave you two scenarios for bullrun start which we are hitting the lower surface one .
Here’s my opinion about how we touch the bottom line and how we react, there’s two boxes as support which I drew them with fibo and timetrend assistance, I believe that the red blood will be finished in a short time and we enter up only pace . It might takes two weeks or less and i do believe that one of the supports I drew could be reversal levels .
In the first scenario we already hit the bottom and nothing to worry a out , second scenario which is possible is to hit 48k lvl as the last shakeout .
My first target would be close to 150k which is 4.236 fib level .
Stay safe and dyor fam
BITCOIN ( UNDER TURNING LEVEL ) ( 4H )BITCOIN
HELLO TRADER S
Tendency the price trade below turning level at 56,752 , indicates is under bearish pressure
TURNING LEVEL : a blue line between resistance and support level around 56,752 , indicates if the price stabilizing below this level reach support level , if the breaking turning level reach a resistance level
RESISTANCE LEVEL : there is a black line around 59,383 , indicates selling have already increase this level , so if the price breaking turning level reach this level
SUPPORT LEVEL : there is a red line below turning level around 54,488 , indicates buying have already increase this level , so if the price stable below turning level reach this level
PRICE MOVEMENT : first the price will trying to rising a turning level around 56,752 , after dropping to the support level around 54,488 , then stable below this level reach 52,454 , if the price breaking turning level reach a resistance level by 59,383 , then stabilizing above this level reach a 63,383
TARGET LEVEL :
RESISTANCE LEVEL : 59,383 , 63,383
SUPPORT LEVEL : 54,488 , 52,454
$BTC - SHOULD WE BUY OR SELL BITCOIN 2024?Let's face the truth which is Bitcoin moves on big whales' decisions ( Exchanges, Companies & Governments ). To sell a big amount of Bitcoins, you have to handle a buyer ( a Whale ) to negotiate the price and of course it all happens on exchanges.
Most of small traders and investors have no idea of what will happen next months, all the data is being handled between exchanges and companies, so we are trying to forecast what will happen with the Bitcoin prices in the next months, and guess what, we could fail and stuck with highest prices for the next years ( I mean the next Bitcoin Halving 2028 ).
If we take a look on monthly Bitcoin chart, we see big pumps and dumps. The big dumps happened when Bitcoin had crossed up 65,000 levels ( I mean the real confirmed orders NOT bots ) and The demand increased when Bitcoin had crossed down 30,000 - 25,000 levels.
What We Expect:
Big pumps and dumps will happen as a SNAP at unexpected time.
Who bought at 15,000 and 24,000 levels needs to confirm their profits in USD.
We could see Bitcoin at 100,000 supported with small orders ( Bots ) but the real buyer have a big order at 65,000 - 50,000 levels, so catching these orders are profitable for the sellers who bought at 16,000 - 22,000 levels.
Eventually, Bitcoin is the backbone of crypto market. It will back to below 40k levels not for me or you but for the liquidation to start a new cycle. If you are a long-term investor , wait the lowest prices below 40,000 levels. If you are a pro-trader , you can do scalping trading while Bitcoin above 40,000 at your own risk.
Have a good day and don't invest more than you can afford to lose.
I really wish this must not happenA very Bearish Perspective of CRYPTOCAP:BTC , i hope this does not come true. It may be the end of a Super Cycle. and we may see a deep correction.
BTC UPDATEBTC Update: The major swing low of BTC has been broken.
Keep an eye on the following levels as potential bounce points:
HTF Minor Support: GETTEX:52K to GETTEX:48K
HTF Major Support: $44.5k to $41.5k
As a reminder, I previously mentioned that the internal low was broken, and we remain bearish on BTC
Bitcoin- The Good, The Bad and The UglyAs I mentioned in my previous posts, I am bullish on Bitcoin and expected a break above $71,000 with a rise to at least $85,000.
However, I always consider multiple scenarios.
In this post, I want to discuss all the potential outcomes I foresee.
The Good Scenario:
As shown in the chart, although the price dropped again from the all-time high resistance, the bulls have strongly defended the $67,000 support level that I've been emphasizing. If the price recovers and reaches the resistance level again, it is likely to break above, targeting at least $85,000.
The Bad Scenario:
In this scenario, the bulls fail to defend the $67,000 support zone. If this happens, the price will likely drop to the $60,000 zone.
The Ugly Scenario:
In this scenario, all the price action since mid-March could be viewed as a long distribution phase. If Bitcoin also loses the $60,000 support, we could see a significant decline, potentially down to around $45,000.
#BTC/USDT Bounce or more pain?#Bitcoin : We've been waiting for this volatility for weeks. This is the point where a bounce should occur. A close below this level would be drastic for the market.
For more clarity, I'll be sharing the stable charts.
Altcoins are showing good opportunities, but we still need to wait for clear reversal signals before entering. GETTEX:54K is a key level in the higher time frames (HTF). Don't lose it, bulls!
Stay strong.
WAGMI
Quick Update on Bitcoin and EthereumCheckout the latest update on Bitcoin and Ethereum. Also watchout the coin suggestion
Bitcoin establishes new support level around previous ATH closeMany people have been losing sleep over the Bitcoin price action so I wanted to provide some technical analysis to show where we're possibly headed. I have a theory with data to back it up. If history repeats itself I believe Bitcoin has established a new baseline support level around $55k.
If you take a look at the Bitcoin chart on an 8-week time interval going all the way back to 2015, you can see every new all time high has a similar period of around 3 years of retracing back to the same level, before breaking through it again. Then after breaking the previous all time high, a new support level is established and price doesn't drop below the newly established support level. On this 8-week chart the previous all time high candle didn't close above $55k in August 2021. So, we have had almost 3 years of retracing back to this level and finally broke through it in Feb 2024. If my theory is true and history repeats itself, I don't believe we will see Bitcoin fall below $55k as this has become the new baseline support level.
*Of course, I could be wrong. Just a theory, not financial advice.
Bitcoin: We are at Bottom!Bitcoin's price has been moving inside a range for the last 125 days. Today, the price touched the 200 EMA and the bottom of the range, which can be considered a good support level for Bitcoin.
During the early stage of the previous bullish move, Bitcoin's price remained within an accumulation range for 210 days before making a significant bullish move. This time, we can expect a similar pattern, with the price likely continuing to move inside the accumulation range for the next 1-2 months.
Bitcoin's price moves sideways at the bottom of the accumulation range for the next few days, then we can expect a gradual upward move. Once the price breaks out of the accumulation range, we can expect a significant upward move.
#BTC/USDT Broke the support, Next move explained!Welcome to this Idea on Bitcoin.
As speculated in my previous update, the price was unable to break the 100 EMA, resulting in a rejection and subsequent decline. Now, $56,452 appears to be the next significant level to monitor. The 200 SMA on the daily chart is also crucial, with the price currently trading around this level. Let's observe if this support holds.
It's important that funds currently in meme coins shift to stronger assets, as they are siphoning liquidity from the market.
Patience is key here. I've posted over 30 altcoin charts in the last 8 days, and prices are gradually moving towards accumulation levels. If this cycle mirrors previous ones, the current market depression will soon end. We just need to stay vigilant and look for opportunities.
**BONUS:** Use the 245 EMA to plot market bottoms on lower time frames (LTF) in the daily chart. It's very useful—try some backtesting.
If you like my content, please hit the like button and share your views in the comments section. Thank you.
#PEACE
SO CLOSE!Bitcoin has reached the green support zone, and buyers are pushing the price upward. If BTC is to grow, it should follow the green path shown in the chart, allowing traders to enter with more confidence. The analysis sets a rejection boundary at 56,500 USDT on the daily timeframe; falling below this level invalidates the bullish scenario.
#BTC #Bitcoin #CryptoAnalysis #Trading #TechnicalAnalysis
Technical Analysis for Bitcoin (BTC/USDT) with trade plan
Technical Analysis for Bitcoin (BTC/USDT)
Overview:
The chart indicates that Bitcoin (BTC/USDT) has formed a falling wedge pattern, which is typically a bullish reversal pattern. The price has recently hit a second bottom within the wedge and is showing signs of a potential breakout.
Key Levels:
Support Levels:
Immediate support around $58,000.
Stronger support at the lower boundary of the wedge around $55,000.
Resistance Levels:
Immediate resistance around $60,000.
Major resistance at $62,500.
Target resistance levels at $67,500 and $72,500 after a confirmed breakout.
Indicators:
Volume:
Volume is relatively steady, with potential for an increase during breakout attempts.
Market Cipher B (MCB):
The MCB indicator shows a potential divergence and has bottomed out, suggesting a potential reversal.
Relative Strength Index (RSI):
RSI is currently around 29.65, indicating oversold conditions and a potential for upward movement.
Stochastic RSI:
Stochastic RSI is showing a bullish crossover, indicating a potential for upward price movement.
Trading Plan:
Intraday Trading:
Entry:
Look for a bounce from the immediate support around $58,000 or a confirmed break above $60,000.
Stop-Loss:
Place a stop-loss slightly below the support at $57,500.
Targets:
First target at $60,000.
Second target at $62,500.
Scalping:
Entry:
Enter long positions on small pullbacks or breakouts above key resistance levels (e.g., $58,500 and $60,000).
Stop-Loss:
Tight stop-loss around $57,800.
Targets:
First target at $59,500.
Second target at $60,500.
Exit positions quickly if momentum slows.
Swing Trading:
Entry:
Wait for a confirmed breakout above the falling wedge, ideally above $60,000.
Stop-Loss:
Place a stop-loss below the recent swing low at $55,000.
Targets:
First target at $67,500 (mid-term resistance).
Second target at $72,500 (long-term resistance).
Conclusion:
The current technical setup for Bitcoin suggests a potential bullish reversal with a possible breakout from the falling wedge pattern. Intraday and scalping strategies should focus on key support and resistance levels with tight stop-losses. Swing trading offers a more significant upside potential if the breakout above $60,000 is confirmed. Monitoring volume and price action closely around these levels will be crucial for making informed trading decisions.
Advice for Long Position:
Confirmation: Ensure a confirmed breakout above $60,000 before entering long positions.
Risk Management: Use appropriate stop-losses to manage risk effectively.
Targets: Aim for targets at $67,500 and $72,500 for swing trades, adjusting stops as the trade progresses.
By following this plan and keeping an eye on market conditions, traders can capitalize on the potential bullish reversal in Bitcoin.
Quick Update on Bitcoin and ETH UpdateHello Traders,
Chckout the quick update on Bitcoin , Ethereum and Bitcoin dominance. You can see market is exactly moving like what we expect and gave update to you
Urgent Bitcoin Alert: 11% Move Before Heading Down! Act Now! In this video, I'm issuing an urgent prediction on Bitcoin, forecasting an 11% upward move before a potential downturn. This is a prime opportunity for traders to act fast and capitalize on this significant price movement.
We'll cover:
Key indicators pointing to the imminent 11% rise
Detailed analysis of Bitcoin's current market conditions
Actionable strategies to maximize your gains
Risk management tips to safeguard your investments
Don't miss out on this timely trade setup. Watch the video now and be ready to seize this opportunity as soon as you can. Like, comment, and subscribe for more real-time trading alerts and expert market analysis. Let's make the most of this Bitcoin move together! 🚀💹
Bitcoin - Eventually hitting $250.000?BITSTAMP:BTCUSD is looking extremely bullish despite the recent 4 month consolidation.
For more than four months, Bitcoin has basically been moving sideways, experiencing quite volatile swings towards the upside and downside. However we should not neglect the overall bullish behaviour of Bitcoin which is still creating cycle and correction after cycle and correction. Therefore, maybe after a short term pullback, I do expect (much) higher prices on Bitcoin.
Levels to watch: $67.000, $37.000
Keep your long term vision,
Philip - BasicTrading
Last BTC drop before continue growth?Hey traders!
Here is a fresh update about market situation. Seems like we started to move in 3rd correctional wave of Elliot Waves and according to Fib Retracement we could possibly go to the level around 56.000$. This level is also huge support level for the bullish flag, in which we're moving already for 3 months.
Plus, the RSI is also going lower and looks like it could touch the edge, if we're going to 56k level.
If you're planning to trade, I will try to catch up the long position after the 3rd wave movement will come to the end.
What's your thoughts?
BITCOIN ( UNDER BULLISH PRESSURE ) ( 4H )BITCOIN
HELLO TRADER S
Tendency the price it will trying to reach a resistance trendline , indicates the price is under bullish pressure
TREDN ANALYSIS : yesterday the price closer resistance trendline after dropping to closer support trendline , today the price it will trying again to reach resistance trendline
TURNING LEVEL : a black line around 58,985 , indicates if the price stabilizing above this level reach resistance level , if the breaking turning level reach a support level
RESISTANCE LEVEL : there is a blue line around 62,475 , indicates selling have already increase this level , so if the price stable above turning level reach this level
SUPPORT LEVEL : there is a red line below turning level around 57,363, indicates buying have already increase this level , so if the price breaking turning level reach this level
PRICE MOVEMENT : as long as the price trade above turning level at 58,985 , reach a resistance level at 62,475 , then stable this level reach a 64,136 , if the price breaking turning level reach a support level at 57,363 , then stable below this level touch a 55,767
TARGET LEVEL :
RESISTANCE LEVEL : 62,475 , 64,136
SUPPORT LEVEL : 57,363 , 55,767
Bitcoin - upside potential in the next 24 hours The cryptocurrency trend was negative over the past 24 hours, as seized Bitcoins continue to be offloaded to crypto exchanges. Yesterday, the German government offloaded an additional 832.7 seized Bitcoins to centralized crypto exchanges such as Kraken and Bitstamp, Lookonchain reports.
On Monday, it transferred 1,500 Bitcoins. The German government still holds a total of 43,859 Bitcoins worth $2.7 billion at today’s price.
The price of Bitcoin dropped 2.8 percent to $61,146 over the past 24 hours, Trading View’s Bitcoin chart shows. It now trades 17 percent below its all-time high of $73,628.
Standard Chartered foresees its price hitting an all-time high next month and trading around $100,000 by November when the US presidential elections are held, $150,000 by year-end and $200,000 by the end of 2025, the Block reports.
ATTMO forecasts mostly sunny trading conditions for Bitcoin, translating into a slightly bullish market, for the next 24 hours. Check attmo.ai to get insights into the 3-day and 7-day forecast for Bitcoin and the rest of the market.
