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BTCUSD trade ideas

BTCUSD: Target range updated to 200,000 - 300,000.Bitcoin is overbought on its 1W technical outlook (RSI = 77.125, MACD = 9127.400, ADX = 41.734) but during Bull Cycles, this is by no means a factor to consider turning bearish. Quite the contrary when the 1W RSI in particular crosses above the 70.000 level, Bitcoin turns parabolic. The Top is priced only long after the 1W RSI starts to pull back inside a Channel Down. Bitcoin is now inside a 7 year Channel Up and the current 3-week consolidation phase is the same pattern we saw in Nov-Dec 2020, which broke into a more aggressive rally to the Channel's top. A valid TP range now is 200,000 - 300,000. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BTCUSDLong
by InvestingScope
2
Analyzing Bitcoin's Bullish Trajectory: Is $110,000 Achievable? Bitcoin's Bullish Trajectory: A Path to $110,000? Bitcoin, the world's largest cryptocurrency, has recently shown signs of renewed strength, with 30-day trader profits returning to a "healthy" range. This resurgence of bullish sentiment has reignited speculation about Bitcoin's potential to reach the coveted $110,000 milestone. The Return of Profitable Trading After a period of market volatility and declining profitability, Bitcoin traders have once again begun to experience positive returns over a 30-day period. This shift in market dynamics indicates a growing number of traders are capitalizing on the cryptocurrency's upward momentum. Key Factors Driving Bitcoin's Bullish Run Several factors are contributing to Bitcoin's bullish trajectory: 1. Institutional Adoption: o Increased Institutional Interest: A growing number of institutional investors, such as hedge funds and corporations, are allocating a portion of their portfolios to Bitcoin. This institutional interest provides significant support to the cryptocurrency's price. o Regulatory Clarity: As regulatory frameworks for cryptocurrencies continue to evolve, institutional investors are gaining more confidence in the asset class. 2. Network Upgrades and Scaling Solutions: o Layer-2 Solutions: The development and implementation of layer-2 scaling solutions, such as the Lightning Network, have the potential to significantly enhance Bitcoin's scalability and transaction throughput. o Network Upgrades: Regular network upgrades and protocol improvements aim to optimize Bitcoin's performance and security. 3. Global Economic Uncertainty: o Inflationary Pressures: Rising inflation rates and economic uncertainty have led investors to seek alternative assets, including Bitcoin, as a hedge against inflation. o Geopolitical Tensions: Geopolitical tensions and global conflicts can also drive demand for Bitcoin as a decentralized and borderless asset. 4. Positive Market Sentiment: o Bullish Sentiment: A prevailing bullish sentiment among traders and investors has contributed to Bitcoin's price surge. o FOMO (Fear of Missing Out): As Bitcoin's price continues to rise, FOMO can drive further buying pressure and accelerate the upward trend. The Path to $110,000 While $110,000 may seem like a lofty target, several factors could propel Bitcoin to this milestone: • Sustained Institutional Adoption: Continued institutional investment and increased mainstream acceptance can drive significant price appreciation. • Successful Network Upgrades: Successful implementation of network upgrades and scaling solutions can enhance Bitcoin's utility and attract more users. • Favorable Regulatory Environment: A supportive regulatory environment can foster innovation and encourage further investment in the cryptocurrency industry. • Strong Fundamental Factors: A robust economy, low interest rates, and geopolitical tensions can all contribute to Bitcoin's appeal as a safe-haven asset. Conclusion Bitcoin's recent price surge and the return of profitable trading activity have reignited optimism among investors. While the $110,000 milestone is not guaranteed, the confluence of favorable factors suggests that Bitcoin has the potential to reach new heights. However, it is crucial to approach cryptocurrency investments with caution, conduct thorough research, and diversify one's portfolio.
BITSTAMP:BTCUSD
by bryandowningqln
Bitcoin prediction from 2 decades experienced multi-millionaireI've been daytrading for 2 decades, made myself a multi-millionaire from trades like these. Even though my expertise is in stock market, charts are still charts. Bitcoin chart analysis is showing possible further extension into $110,000 range then drop and slide off to $60,000's area by the end of 1st quarter 2025 as the excitement about Trump/Musk/SEC/etc hits reality. Where we go from $60,000 we'll discuss once we're there and collect more data.
BITSTAMP:BTCUSD
by ProfitTradeRoom
2
BTCUSD - 15 Min Chart (105k) 🚀 BTCUSD - 15 Minute Chart Analysis: Bullish Momentum Building! 🚀 We are seeing some exciting price action on the BTCUSD 15-minute chart, and the market looks poised for potential gains. With the current uptrend showing strength and key support levels holding, Bitcoin could be gearing up for a target of around 100K. 🔍 Key Highlights: Bullish Sentiment: Bitcoin is maintaining an upward momentum, consistently printing higher highs and higher lows. This signals strong bullish interest in the market. Support Levels: The recent price action suggests that BTC is comfortably holding above crucial support zones, setting up an ideal environment for potential long trades. Potential Target: A breakout above the 100K resistance could open the door for further upside. This area is a critical level to watch for any signs of continuation or reversal. 💡 Trade Strategy: Long Entry: Consider entering long positions if we see a retracement to near support levels or a confirmed breakout above 100K. Risk Management: Set your stop loss below recent swing lows to protect against any unexpected pullbacks. Target: Aiming for 100K as the initial target. If BTC breaks above this, the next potential resistance could take us higher! ⚡ Indicators to Watch: Keep an eye on the RSI and MACD for confirmation of momentum. A strong RSI reading above 50 and a bullish MACD crossover would further solidify the bullish outlook. 📈 The key question now is, Will BTC push through the 100K mark and beyond? Stay tuned and ready to act as the market develops! Disclaimer: I am not a financial advisor. Please trade at your own risk and do your own research before making any investment decisions.
BITSTAMP:BTCUSDLong
by Chief_Finley
1
BTCUSD WalkthroughThe focus for this idea will be the weekly timeframe with monthly overlayed and the daily timeframe with the weekly overlayed. The monthly chart will be used as a higher timeframe reference. In Calendar week 48 BTCUSD had a close below the weekly Envelope Top (99414.61). This was a first indication that the weekly was in the middle of retracement. When the weekly close indicates retracement, the process implies a weekly PLdot refresh. In order for a weekly PLdot refresh to happen, the daily timeframe has to put in a daily top and “roll over”. The daily top is in when the daily close is below the daily live Envelope top. Important to know : Refresh areas are a combination of live and static values. Live values are the values that are for the upcoming bar (for every time frame, e.g. live day values are the tomorrow values) whereas static values are todays values (e.g. todays PLdot Envelope Top, etc.) The daily timeframe put in the top on Sunday and started the process of “roll over”. The daily timeframe has nothing else to do but play out the weekly timeframe move. In this case the weekly is going for a PLdot refresh to the weekly PLdot refresh area (live PLdot and static PLdot area). How does this happen? The daily will close inside its Envelope, the daily has to start a c-wave so that the weekly can reach the static weekly PLdot area. Looking above one can notice that the weekly slope and direction are up. Additionally, the weekly PLdot refresh area contains also the Higher Time Period - monthly envelope top live. Once price came to the weekly pld refresh area, this was the area to go long. The weekly pld refresh was made by the daily c-waves exhausting on the daily level, aborting the c-wave down, closing inside the daily envelope, not being able to break the envelope bottom yesterday. S/L is below the daily EBOT with the target being the daily PLD first, daily ETOP next, daily exhaust area final. As long as the weekly PLD is pushing up (supported by the monthly direction and monthly c-wave) in a multiple time frame situation, price will go to the monthly area 5 and exhaust. Important to know : C-waves can break terminations. What is next? After a big move up, PLDs have to "catch up". Thusrday saw a move to the 6-5, that usually appear at the beginning of a new trend after congestion. Daily c-wave up ongoing. As long as weekly PLdot is pushing, price will go to weekly Envelope Top (static then live) as the bottom of monthly area 6 is up, price will go higher, confirming it through c-waves n daily and weekly timeframes, thus breaking the weekly Envelope Top and going towards the next weekly target which is the bottom of its exhaust zone. NO scenario would see the closure within the daily envelope after which the daily would roll over to go to its logical target which is the daily PLdot refresh area.
COINBASE:BTCUSDLong
by JordanMT
BTC - Short Term Trade - Long Term Room To Run - History RepeatsBitcoin trade triggered and there is going to be a lot of hype surrounding what seems to be the Holy Grail level of 100k. I posted this trade in the group as I mentioned a couple days ago. I have been for months mentioning that I was positioning myself for a run to 130k. Nothing has changed. In the 50's I said add some here, at 70k add some here, at 95k add some again, while others are giving play by play of what Bitcoin is doing and giving the great insight that it "may go up, or may go down". Now does Bitcoin hit 130k in this run? I don't know and neither does anyone else, but I am positioned for it. If I am wrong there is a stop in place to minimize losses so it is not like I bet the farm on 130k, but I am also not scared to take a chance here. I do want to be clear that the big money has been made already, do not expect the 10-20 bagger moves from here, but a 30% move is a 30% and for a trade that is a nice RR. Regardless I believe we trade 130k sooner than later and once we break 110k, the race will be on. As far as your long term investments, I am holding here, there is no reason to sell yet. Lets take a look at the broader picture and why I think there is still a lot of room to run with Bitcoin Looking at a broad chart of Bitcoin there is a pattern of Bitcoin rallying for months after it breaks out of the previous high. Does history repeat again? I don't know, but I can tell you history seems to repeat itself. In addition you can see a pretty consistent trend line and then you get that blow off rally lasting for a few 6 months. No reason to not think that won't happen again. Sure maybe I am wrong, but you can't make money if you don't take risks, and there is no reason NOT to be long here, NONE!!! The same people being cautious at the breakout, are the same ones that were cautious at every breakout. Yeah follow them and you will miss the move to 250k. Best thing of all? I am free! I trade and post because of the passion I have, I don't need your $30 a month.
COINBASE:BTCUSDLong
by goldbug1
13
Predicting Avalanche (AVAX) Prices Using BTC/AVAX Ratio 1. Key BTC/AVAX Ratios: 900 BTC/AVAX Ratio: This ratio implies that Bitcoin’s price is 900 times Avalanche’s price. For Bitcoin at $160,000, AVAX is predicted to range around $180. For Bitcoin at $200,000, AVAX is predicted to range around $220. 400 BTC/AVAX Ratio: This ratio suggests that Bitcoin’s price is 400 times Avalanche’s price, indicating significant relative strength for AVAX. For Bitcoin at $160,000, AVAX is predicted to range around $400. For Bitcoin at $200,000, AVAX is predicted to range around $500. 2. Support and Reversal Zones: Early Reversal at 900 BTC/AVAX Ratio: Historical patterns suggest that the 900 BTC/AVAX ratio represents an early reversal zone for AVAX, signaling the start of upward momentum relative to Bitcoin. Strong Reversal at 400 BTC/AVAX Ratio: At the 400 BTC/AVAX ratio, AVAX shows strong relative performance, likely signaling a strong reversal zone, where AVAX significantly appreciates in USD terms. 3. AVAX Price Dynamics: BTC Bull Market Scenario: If Bitcoin achieves $160,000–$200,000, AVAX’s price depends on its performance relative to BTC: At the 900 BTC/AVAX ratio, AVAX could rise to $180–$220 as it begins its upward trend. At the 400 BTC/AVAX ratio, AVAX could surge to $400–$500, demonstrating stronger performance relative to BTC. Market Sentiment and Ecosystem Development: AVAX’s ability to reach the lower BTC/AVAX ratio levels will depend on its ecosystem adoption, development progress, and overall market conditions. 4. Assumptions for the Prediction: Bitcoin reaches a price range of $160,000 to $200,000 during a bullish market phase. Avalanche’s price is modeled as a function of Bitcoin’s price and the BTC/AVAX ratio, reflecting its relative valuation and performance.
BITSTAMP:BTCUSDLong
by kaupha
So the Bull market started you said? :) Long $BTCTechnical and Fundamental look into Bitcoin. Bitcoin has recently achieved an all-time high (ATH) of around $104,000. The current trading price is slightly below this peak, suggesting a possible consolidation or minor pullback. The chart here indicated that Bitcoin is currently trading just above a significant resistance level at approximately $102,934.71, which could now act as a new support if the price holds above this level. There's another resistance level higher up, indicating where the price might face selling pressure if it attempts to rise further. This pattern/idea shows support levels at around $59,022.02, which is quite substantial, suggesting that this was where buyers have historically stepped in. A break below this level could indicate a deeper correction, but as of now, the price is far above this support, indicating STRONG BULLISH SENTIENT. For this chart's trend it shows clearly that it has been predominantly bullish, with a series of HIGHER HIGHS and HIGHER LOWS! More Bullish Sentiment! The presence of green candlesticks in recent days suggests that the market has been closing higher than it opened , indicating continued buying interest. However, the presence of some red candlesticks near the ATH might signal profit-taking or a short-term bearish sentiment. The volume on this chart or the indicator at the bottom of the chart shows increased trading volume as Bitcoin approached its ATH, which is typical when prices reach new highs. This could mean that there is significant interest in Bitcoin at these levels, but it also suggests that any move up or down could be volatile. The Indicators over the chart in red and green arrows indicate the potential buy or sell signals based on various indicators or patterns. If these are based on moving average crossovers, RSI divergence, or other momentum indicators, they could be suggesting entry or exit points for traders. Conclusion: If the price can break and close above the higher resistance level with significant volume, it might signal the continuation of the bullish trend, potentially targeting new highs. Conversely, if the price fails to break this resistance and starts forming lower highs, it might be a sign of a potential reversal or at least a period of consolidation. Watch for any bearish divergence in momentum indicators like the RSI or MACD, which could warn of a potential downturn. For those considering entering a long position, waiting for a pullback to the current resistance-turned-support level could offer a better risk-reward ratio, as this level might now attract buyers. Given the proximity to the ATH, traders should also be cautious of overbought conditions, which might lead to a sharp correction. Setting stop-losses below key support levels would be prudent. PLEASE REMEMBER: Trading Cryptocurrencies like Bitcoin can be highly volatile, and while technical analysis can provide insights, external factors like regulatory news, macroeconomic conditions, and market sentiment can greatly influence price movements. Always do thorough research and consider your risk tolerance before making trading decisions. THIS IS NOT INTENDED AS FINANCIAL ADVICE. Rather a self help and documentation of my own journey into cryptocurrency! Let's make sure we leave nice comments and leave or talk about what is useful! But random comments are OK! :)
COINBASE:BTCUSDLong
by CryptoFerk
What’s Next for Bitcoin?COINBASE:BTCUSD 4-Hour Chart Analysis Bitcoin is currently trading at $95K during the European session and is showing signs of forming an Ascending Broadening Wedge , which traditionally indicates a long-term bearish trend. However, the 4-hour and 5-hour volume data do not yet align with the expectation of a price drop. So, what’s next? While the Broadening Wedge is typically bearish, the structure appears incomplete. Bitcoin is currently trading just above the lower trendline of the Rising Broadening Wedge, which serves as a strong support level. Based on this support, we anticipate the price will likely begin a bullish cycle from this level, eventually breaking through the ultimate psychological resistance at $100K and targeting $110K. We believe that upon reaching around $110K level, the market structure will complete. At that point, we will provide further analysis on what to expect next. Stay tuned for updates! Key Levels: Strong Pivot : 87,500 Ultimate Resistance: 100k Price Target: 110k Follow your risk management strategies for long-term success. Wishing you Happy Trading!
COINBASE:BTCUSDLong
by SpicyPips