BTC H4 LONG SIGNALHello dear friends
Bitcoin in the H4 time frame can touch the level of $26,400 to $26,000. It can be suitable for a long position if there is a buying trigger.
It should be noted that the existing low base can also have a suitable position if the losses are accumulated behind the surface
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BTC Bears Back in Control - An Opportunity to ShortI am reaching out to share a concerning development in the cryptocurrency market that has caught my attention, specifically regarding Bitcoin (BTC). As fellow traders who understand the volatility of this market, I believe it is crucial to stay informed and seize opportunities that arise.
In recent days, BTC has shown signs of regaining control after a period of uncertainty. This resurgence brings both excitement and a sense of caution. While BTC's ascent may seem promising, it is important to approach it with a discerning eye.
Considering the current market conditions, I would like to draw your attention to a potential opportunity: shorting BTC. By shorting, we can take advantage of the market's volatility and potentially profit from a potential decline in BTC's value. This strategy can be particularly beneficial during periods of uncertainty, such as the one we are currently experiencing.
I encourage you to carefully analyze the market trends, conduct thorough research, and consult with your trusted sources before making any trading decisions. Shorting BTC can be a complex strategy, so it is crucial to approach it with caution and ensure you are well-informed.
If you find this opportunity aligns with your trading goals and risk appetite, I suggest considering a short position on BTC. However, please remember that trading involves risks, and it is essential to make informed decisions based on your own analysis and risk management strategies.
Let's stay connected and share our insights and experiences as we navigate through these dynamic market conditions. Feel free to comment below if you have any questions or if you'd like to discuss further.
Bitcoin (BTC) Elliott waves update - All Time FrameBitcoin (BTCUSD) Tends to move with the Elliott waves. We do not predict the price of Bitcoin, but we move with that and draw waves on the chart.Hope this help you to have better looking of BTC Price.
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Follow this Idea to know the movement of Bitcoin based on Elliott waves.
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#BTC #Elliot_Waves
Potential BTC Drop: Brace for a Decline to $20,000As you may be aware, the recent volatility in the cryptocurrency market, particularly Bitcoin (BTC), has raised concerns among traders and analysts alike.
Based on our analysis and observations, it is crucial to address the potential risks associated with BTC's current price levels. While Bitcoin has experienced an impressive rally in recent months, surpassing all-time highs, there are indications that a correction may be on the horizon. Our conservative estimates suggest that if BTC falls below the critical support level of $25,000, it could potentially drop further to around $20,000.
Considering these possibilities, it is essential to evaluate your investment strategies and assess the potential impact on your portfolio. We strongly advise traders to exercise caution and consider taking appropriate measures to protect their positions. One such strategy that may be worth exploring is shorting BTC.
Shorting Bitcoin allows traders to profit from a declining market by borrowing BTC and selling it at the current price, with the intention of buying it back at a lower price in the future. This approach can help mitigate potential losses and even generate profits in a bearish market.
While shorting BTC carries its own risks and requires careful consideration, it can serve as a hedge against a potential downturn. We encourage you to consult with your financial advisor or conduct thorough research before implementing any shorting strategies.
As always, we appreciate your trust and loyalty. Stay vigilant and stay informed.
BTC - 12/10/23Bitcoin looks lost in this area with nothing much other than a tap of the $25600 FVG looks likely, we might push up to the $26930 area first to tap into that FVG left from the fall yesterday but other than some good news the CPI and FED announcement could send this down fast if bad news is posted!
Technical Analysis October 12: BTCAfter finding support at the 20-day exponential moving average ($27,227) over the past two days, Bitcoin broke below this level on October 11. This shows that bears are trying to gain control .
The next support to note on the downside is the 50-day simple moving average ($26,615). If this level is broken, it will show that traders are rushing to exit. The BTC/USDT pair could then decline to $26,000 and eventually retest the support at $24,800.
BTC's Death Cross: An Opportunity to Consider ShortingAs many of you may already be aware, BTC has been experiencing a rather tumultuous period lately, with its price exhibiting a concerning trend. In the coming weeks, we are likely to witness a technical phenomenon known as the "Death Cross." This occurs when the 100-day moving average crosses below the 200-day moving average, indicating a potential bearish market sentiment.
While past performance is not always indicative of future outcomes, it is essential to recognize that historically, the Death Cross has been associated with significant price downturns. In October, particularly, this pattern has ruined chances for profit in the past. Therefore, it is crucial to approach the current market conditions with a level-headed perspective.
Considering the potential implications of the Death Cross, I encourage you to explore the possibility of shorting BTC. Shorting allows you to profit from a falling market by borrowing BTC, selling it at the current price, and repurchasing it at a lower price to return to the lender. However, it is important to note that shorting involves its own set of risks, including the potential for substantial losses if the market moves against your position.
While this idea aims to provide you with valuable insights, it is essential to conduct thorough research and analysis before making any trading decisions. Always consider your risk tolerance, financial situation, and consult with a qualified financial advisor if necessary.
In conclusion, the Death Cross looming over BTC presents an opportunity worth considering, but it should be approached cautiously. As traders, it is our responsibility to make informed decisions based on careful analysis and risk management.
If you are interested in exploring shorting opportunities in BTC, I encourage you to conduct further research and analysis. Keep a close eye on the market trends and seek guidance from trusted sources. Remember to approach your trading decisions with a well-thought-out strategy and risk management plan.
Bitcoin consolidates at short-term support, $30k is the targetBitcoin has a bullish structure on both the daily and the 4-hour chart. The retracement to $27.2k collected liquidity and the bulls have since driven prices to $27.6k.
The H4 bullish breaker block at $27.2k was respected as support so far. Given the daily structure, a consolidation around the FWB:27K region over the weekend before another leg higher was possible. The OBV has inched higher over the past week, showing the bulls had a slight advantage
Entry: $27.4k (another revisit to FWB:27K or lower was possible)
Take-Profit: $29.6k (local resistance on the 1-day chart)
Invalidation: $26.6k (a move below the bullish breaker block)
BTC long3 day order block in this area and seems to be the last line of defence for bulls. 26705 is a demand zone and with a lot of volume traded in the area. Would like to see a strong reaction at this level otherwise I will probably cut my trade short. Evidence of buyers stepping in is what I would like to see but bears have been strong. Lets see how this plays out!
BTC Bitcoin Technical Analysis and Trade IdeaObserving the current dynamics of Bitcoin's price movement, we can see a clear uptrend on the 1D time frame. This trend becomes even more evident when we shift our focus to a 4H chart, revealing a compelling bullish trajectory characterized by successive higher highs and higher lows.
Presently, Bitcoin has retraced to a strategically significant support level. In our video discussion, we thoroughly examined the prospect of a potential trade opportunity, conducting a comprehensive analysis of various elements including the prevailing trend, price action patterns, and the underlying market structure.
It is imperative to emphasize that the content presented in the video is intended solely for educational purposes and should not be construed as financial advice. Our goal is to provide a detailed understanding of market dynamics, enabling viewers to make informed decisions within the realm of cryptocurrency trading.
BTC Trading Alert: Exercise Caution Immediately with $28300I am reaching out to provide you with an important update regarding the current Bitcoin (BTC) market and the potential target price of $28300.
As you may be aware, BTC has been displaying considerable volatility and has recently approached the target price of $28300. While it is challenging to predict the exact outcome, it is crucial to exercise caution and consider the potential risks associated with further trading at this time.
Given the uncertainty surrounding the market, I would like to encourage you to pause your BTC trading activities temporarily. This recommendation is made to ensure the safety of your investments and to mitigate any potential losses that may arise from the current volatile conditions.
By pausing your BTC trading, you will have the opportunity to reassess the market situation, evaluate the risks involved, and make informed decisions based on a more stable market environment.
Remember, the cryptocurrency market is highly unpredictable, and it is essential to prioritize the preservation of your capital. Taking a step back from trading during this uncertain period will provide you with an opportunity to gather more information, analyze market trends, and potentially avoid any unfavorable outcomes.
Please note that this idea serves as a cautionary advice, and ultimately, the decision to pause BTC trading is entirely up to you. However, I strongly urge you to consider this recommendation seriously, as it may help protect your investments from potential losses.
Should you have any questions or require further assistance, please do not hesitate to reach out by commenting below.. We are here to provide guidance and support during these challenging times.
Thank you for your attention and understanding. Stay safe and make informed decisions.
Are Bears in Control of BTC's Price Movements?As we all know, Bitcoin has experienced an unprecedented rally over the past year, reaching new all-time highs and capturing the attention of both institutional and retail investors. However, recent market movements have raised concerns about the presence of bearish forces attempting to control the price and limit its upward momentum.
The idea of bears influencing BTC's price movements below the $28,000 threshold is not to be taken lightly. It is important to remember that the cryptocurrency market is highly volatile and subject to various external factors. Hence, it is prudent to pause and reflect on the current situation before making any hasty decisions.
In light of this observation, I encourage you to consider the following:
1. Analyze the Market: Take a step back and conduct a comprehensive analysis of the market trends, including technical indicators, historical price patterns, and emerging news. This will provide you with a clearer understanding of the broader market sentiment and potential bearish influences.
2. Diversify Your Portfolio: While Bitcoin remains a significant player in the cryptocurrency space, it is essential to diversify your holdings. Consider exploring other digital assets that may offer different risk-reward profiles, thereby mitigating potential losses associated with any prolonged bearish pressure on BTC.
3. Stay Informed: Continuously monitor market developments, industry news, and expert opinions. This will enable you to make informed decisions based on a holistic understanding of the cryptocurrency landscape, rather than relying solely on short-term price movements.
4. Exercise Caution: Be mindful of the risks associated with trading in a volatile market. Set clear risk management strategies, establish stop-loss orders, and maintain a disciplined approach to your trading activities. Remember, patience and prudence are key virtues in times of uncertainty.
While the notion of bears exerting control over Bitcoin's price movements may raise concerns, it is vital to approach it with a rational mindset. By carefully evaluating the available information and adopting a cautious trading approach, you can navigate these uncertain times with confidence and resilience.
I invite you to share your thoughts, insights, and perspectives on this matter. Together, we can foster a community that thrives on knowledge, collaboration, and informed decision-making.
btc midterm analysis Comrades, in the 4-hour time frame, Bitcoin is moving towards the supply area in the form of cp. I think it will reach the area in 1-3 weeks and dump from there.
The maximum target is $29,700 and they will probably move from there to the following targets
$28,588
$27715
$26,850
$25,250
BTC 1H Comrades, Bitcoin is suffering between $28,500 and $27,150. This analysis is in a one-hour time frame and only gives you a view of a maximum of two days.
Well, in this area, you can short in the upper areas and long in the lower areas with specific stops and targets
Now, if one of the areas is broken, it can move in that direction. I think it will probably break above 60-70% and fall one time frame above the supply area.
If you want not to trade in the opposite direction, be careful in taking short positions