📈BTC analysis near US Retail Sales📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hey everyone, first take a look at my previous BTCUSDT & ETHUSDT analysis and positions.
Bitcoin may experience growth to 28K near this month's Retail Sales release.
The trend is still bearish and the price takes another step for further correction with each rise.
Next station for BTC is near 200EMA (25200-25400).
Don't forget to risk-free your position.
Please share ideas and leave a comment
let me know what's your idea.
CrazyS✌
Btcusdtlong
Bitcoin Flag!CME:BTC1!
CRYPTOCAP:BTC is printing a falling wedge on 1D and looks like possible retest at pullback area 25.2k.
On the 12h the wedge looks like a bearish retest of the Head & Shoulders which can be viewed here: tinyurl.com
You don't have to be in a trade. Let Price show you and execute your edge.
Waiting for direction with Plan A Plan B in place.
Potential for:
Long:
Breakout of wedge with target to 31k
Bullish Retest of 25.2k zone
Short:
Bearish Retest of 25.2k with possible target to 21.5k area near the Gap between 20330 and 21110
Breakdown of current level and bearish retest for move to and breakdown of 25.2k level.
200D MA must hold to prevent further downside.
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
BTCUSDT Daily : Finally 25500 touchedHi Guys , Hope you well
Dear traders, as I said in the previous analysis, the price dropped almost heavily with the news about the complaint against the Binance exchange.
Now I expect the price to swing down to the green box.
I remember that according to the news, the price can stay in this box for a long time and I expect it to move towards $32,000.
SecondChanceCrypto
⏰6/JUNE/23
⛔️DYOR
Always do your research .
If you have any questions, you can write them in the comments below.and I will answer them.
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Bitcoin: looking pretty good!I'll be brief as always, as I don't want to bore you with my words, but I'd rather have you looking at the chart the way I look at it.
I am looking for further upside into wave 3 of (3) as we are at a pullback in wave 2 which I highlighted to be less deep than the one in the higher degree wave (2).
Always happy to take questions, trade safe!
Target AREA 25958-25334 HIT!! End of sub-millennium WAVE A of X!OH YEAH.... take profit!! BITCOIN just hit my projected target area of 25958-25334 for a $3000 drop from WAVE 4 (28172). BITCOIN just ended sub-millennium WAVE A of X at a very significant pivot point since now BITCOIN will begin a BULLISH sub-millennium WAVE B of X. This will be a VERY BULLISH WAVE B of X since a sub-millennium WAVE is the 3rd largest WAVE in the history of BITCOIN. I'll post my target area for WAVE B of X on my next post. Please check your chart and let me know what you think.
BTCUSDT likely to visit daily support around 24296-24696That was a significant drop. It has broken all the low time frame support levels and now likely to head for the next daily support. It seems the path is very clear for the BTCUSDT to move to daily support zone around 24296-24696. The price hitting that support would give a very good long opportunity as there will be enough liquidity to move the price significantly upward.
#BTC MACD CROSSOVER IN WEEKLY TIME FRAME!😱
#BTC WEEKLY UPADTE
In the weekly time frame, BTC is having the support of this 200MA but MACD crossover and sowing a bearish move.
As we can see in the chart in the last 3 times when MACD did a bearish crossover then BTC drops hardly so this time too we may see some fall in the price.
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Below 28.5k: Shorting Opportunities, Longs at 26k+ for 30k+Hey everyone, let's take a moment to discuss the current BTCUSDT levels and the exciting trading opportunities they present!
As we've mentioned before, there are two important levels we need to keep an eye on. First, below the 28.5k mark, we have some intriguing shorting opportunities. This means we can potentially profit from downward movements in price by entering short positions.
On the other hand, we have our long positions. Once the price reaches the 26k level or drops below it, it's time to unleash our long positions and ride the upward momentum. This opens the door to potential profits at 30k and beyond.
Trading always involves risks, and it's crucial to approach it with a well-informed strategy and a strong risk management plan. Stay updated on the latest market conditions, conduct thorough analysis, and adapt your trading approach accordingly.
If you find this information valuable, please show your support with likes/boosts. I'm also eager to hear your advice and comments as we navigate these trading opportunities together. Let's make the most of this market situation! Stay tuned for further updates and insights.
BTCUSDT DAILY : LAST CHANCE FOR BUYHi Guys. Hope you well and start great week.
With the change in the daily and the decrease in the momentum in the fall, I expect to break the trend and enter the accelerated movement towards 32000.
SecondChanceCrypto
⏰5/JUNE/23
⛔️DYOR
Always do your research .
If you have any questions, you can write them in the comments below.and I will answer them.
And please dont forget to support this idea with your likes and coments.
Please Join our free channel in bio
📈Bitcoin 4H setup for the weekend📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hey everyone, first take a look at my previous analysis and position.
If the price stays above 27274, Bitcoin may experience growth to 28K. The trend is still bearish, and the price takes another step toward further correction with each rise.
Don't forget to risk-free your position.
Please share ideas and leave a comment.
Let me know what's your idea.
CrazyS✌
📈Bitcoin 30min setup for the weekend📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hey everyone, first take a look at my previous analysis and position.
Bitcoin may experience growth to 27350. The trend is still bearish, and the price takes another step toward further correction with each rise.
Don't forget to risk-free your position.
Please share ideas and leave a comment.
let me know what's your idea.
CrazyS✌
10% move marketI think that now the market will move quick this days so i post this prediction that i trust will happen. Try it out very confident trade soon guys soon
Bitcoin Head & Shoulders Still in Play!CME:BTC1!
CRYPTOCAP:BTC is still in the head and shoulders.
My original idea was posted on this link: tinyurl.com and can be referred to.
Price Action is printing a downward channel providing ideas for a possible retest at the 25.2k zone.
But the price action stays in the pattern until break of structure.
Plan A: Short to 24k and possibly 21k ... (you could possibly get higher entries if the price is going sideways).
Plan B: Long on successful retest with first target to 31k and on successful SR Flip to 45/48k!!
Step by step - let the price come to you at an area of value and enter on trigger.
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
#BTC will break this resistance or we will see a pullback?#BTC UPDATE
On 12H, BTC is about to break out of a lengthy falling wedge. The MA 100 and the Ichimoku cloud are both providing resistance to the descending wedge.
A firm breakout of the falling wedge would indicate a significant bullish rally in the market at this time, when the price has retested above the horizontal support.
Let's understand deeply
Bitcoin Mining Profitability Analysis: Trends and Forecasts for 2023
Bitcoin miners' revenues have shown steady growth since the year's start, peaking on May 8 at $41.7 million. This growth aligns with an uptrend in key Bitcoin network metrics. The BTC Miner Sentiment metric, considering the network's average hash rate, difficulty, mined blocks, and block rewards, also displays a consistent rise. This growth indicates a strengthening and stabilizing Bitcoin network.
The hash rate and network difficulty directly relate to Bitcoin's security and mining challenge, respectively. The number of mined blocks and block rewards influence miners' earnings. However, the expected halving of Bitcoin block reward in 2024 could impact these earnings.
Forecasts suggest continued growth in miners' revenues and network resilience in the short term, though the upcoming halving could shift this trend. Regardless, Bitcoin's core network metrics reaffirm its strength and resilience, highlighting Bitcoin's role as a leading cryptocurrency and its long-term viability.
In conclusion, the analysis of Bitcoin network metrics reaffirms Bitcoin's leadership and resilience in the cryptocurrency market. With sound risk management, miners can continue to secure earnings, providing investors confidence in Bitcoin's enduring stability.
This piece is not intended to be financial advice. Before making an investing choice, always do your own research and speak with a qualified advisor.
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BTC Major rally READY?BTC has been forming a descending channel since April 10th and has now completed this massive structure shown by the three touches, similarly to XRP as shown on my last post. When you look within the channel you can see the accumulation phase (highlighted in blue), then manipulation (highlighted in red) and finally (distribution)(phase 1). There has been a re accumulation from the top trend line back down to the Fair Value Gap at 26868.
BTC broke low, then broke high, then retested, along with a major apex where current price is while keeping the higher lows intact.
Every zone below current price has also already "filled".
This information may not mean much to someone who aren't as familiar.
But to those that count, I hope some part of this provided value to you.
I tried my best to lay out many reasons I believe BTC will soon be heading towards my upwards targets of 31500 34700 and 40400.
Although, this is a A+ setup in my books so it seems almost too good to be true, so i suspect some news will come amongst this rally.
Bitcoin has checked all of my boxes.