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Bitcoin (Cryptocurrency)

BTC Breaks Free from Downtrend: Next Stop $72KBitcoin Shows Bullish Signs: Breaks Downtrend, RSI Rebounds, Targeting $85K and $90K Bitcoin has recently displayed strong bullish signals in the market. It formed a bullish divergence and successfully broke its downtrend. The RSI (Relative Strength Index) has bounced back from oversold levels, indicating increasing bullish momentum. To sustain this upward trend, Bitcoin now needs to surpass key resistance levels at $64,500 and $72,000. If these levels are breached, new targets of $85,000 and $90,000 come into focus, potentially marking significant milestones for BTC's price trajectory. This combination of technical indicators suggests a bullish outlook for Bitcoin in the near term.
BITSTAMP:BTCUSDLong
by crypto_vulture_signals
3
Bitcoin Rebounds from Key Trendline: Is $90K on the Horizon#BTC Bouncing from Key 10-Month Trendline with Weekly Bullish Divergence: Targeting $90K #Bitcoin (BTC) is currently bouncing off a significant 10-month trendline. The weekly time frame clearly shows a bullish divergence, indicating a strong potential for a substantial upward move. This momentum could propel BTC towards the $90K mark, suggesting a big rally is on the horizon. #Bitcoin #BTC #Crypto #CryptoTrading #TechnicalAnalysis #BullishDivergence #Trendline #BTCUSD #BTCto90K #CryptoAnalysis #Cryptocurrency #BTCBullRun #CryptoInvesting
BITSTAMP:BTCUSDLong
by crypto_vulture_signals
3
Bitcoin Ready For $28,000 As per SMC Chart AnalysisBITCOIN Urgent Weekly Chart Update Weekly Chart Analysis: Order Block (OB) 1: $42,000 - $38,000 First Fair Value Gap (FVG): $47,557 Order Block (OB) 2: $28,000 - $26,400 Second FVG: $33,802 Potential Scenarios: We could see a fill of the first OB and FVG before a new upward rally. Both FVG and OB are in the discount zone, increasing the likelihood of hitting the second OB and FVG around $33,000 - $30,000. Spot Entry Levels: Entry 1: $47,600 - $41,600 Entry 2: $33,900 - $27,000 Targets: $100,000 / $150,000 / $180,000 This might sound speculative, but there is a high chance of sweeping liquidity at these levels before a bullish rally. Reminder: My eyes are open for discount zone entries. I could be wrong, so always do your own research before investing. This is not financial advice. Stay alert and trade wisely.
OANDA:BTCUSDShort
by CryptoPatel
Bitcoin Ready For $28,000 As per SMC Chart AnalysisBITCOIN Urgent Weekly Chart Update Weekly Chart Analysis: Order Block (OB) 1: $42,000 - $38,000 First Fair Value Gap (FVG): $47,557 Order Block (OB) 2: $28,000 - $26,400 Second FVG: $33,802 Potential Scenarios: We could see a fill of the first OB and FVG before a new upward rally. Both FVG and OB are in the discount zone, increasing the likelihood of hitting the second OB and FVG around $33,000 - $30,000. Spot Entry Levels: Entry 1: $47,600 - $41,600 Entry 2: $33,900 - $27,000 Targets: $100,000 / $150,000 / $180,000 This might sound speculative, but there is a high chance of sweeping liquidity at these levels before a bullish rally. Reminder: My eyes are open for discount zone entries. I could be wrong, so always do your own research before investing. This is not financial advice. Stay alert and trade wisely.
OANDA:BTCUSDShort
by CryptoPatel
Etherem ready for Big Pump ?#Ethereum Chart Analysis #ETHUSDT is currently trading within a bull flag/parallel channel. We're waiting for a breakout before entering any trades. - Bearish Scenario: If CRYPTOCAP:ETH breaks down below the support level at $3650, we might see a decline toward $3152, which is the last Fair Value Gap (FVG). - Bullish Scenario: If #ETH holds the $3152 level, we could see an upside move toward $4000. A break above $4000 resistance could trigger a strong bullish move toward the $6000-$7000 range. Let's watch closely and stay updated on the price action.
by CryptoPatel
1
#BTC's Bullish Pattern: Double Bottom Sets Target at $64k! 📈#BTC/USDT forming a double bottom, bouncing from an important trend line, and making a bullish divergence, with a potential liquidity grab around $74k: --- **Title: #BTC/USDT Double Bottom Formation with Bullish Divergence: Targeting $74k** **Description:** **#BTC/USDT Analysis** **Pattern Formation:** Bitcoin (BTC/USDT) has recently formed a classic double bottom pattern, a strong bullish reversal signal indicating that the downtrend might be coming to an end. **Trend Line Support:** The double bottom is further validated by BTC's bounce from a crucial long-term trend line, reinforcing the bullish sentiment. This trend line has historically acted as a significant support level, providing a strong foundation for the current rally. **Bullish Divergence:** Adding to the bullish outlook, #BTC has also shown a bullish divergence on the RSI (Relative Strength Index). While the price made lower lows, the RSI made higher lows, suggesting a potential reversal in momentum. **Price Target:** If Bitcoin continues to follow this bullish trajectory, we can expect a significant move upwards. Given the strength of these combined technical signals, the next major liquidity zone is around $74k. This target aligns with previous resistance levels and potential Fibonacci extension levels, making it a logical area for price to reach. **Key Levels to Watch:** - **Support:** The immediate support level is the trend line around GETTEX:48K - $50k. - **Resistance:** Initial resistance levels are around $60k and GETTEX:64K , which are critical to breaking for further upside movement. - **Target:** The primary target is the liquidity grab around $74k, which could act as a significant profit-taking zone for many traders. **Trading Strategy:** - **Entry:** Consider entering long positions on retracements to the trend line support or on confirmed breakouts above $64k. - **Stop Loss:** Place stop losses below the trend line support or recent lows to manage risk effectively. - **Take Profit:** Gradually scale out of positions as price approaches $74k, adjusting stop losses to secure profits. **Conclusion:** With the double bottom formation, support from a crucial trend line, and a bullish divergence, BTC/USDT is showing strong bullish signals. Traders should monitor these levels closely and prepare for a potential rally towards $74k. Remember to manage your risk and stay updated with market conditions as Bitcoin continues its upward journey. Happy trading! --- **Chart Notes:** - Highlight the double bottom pattern. - Draw and emphasize the important trend line. - Mark the bullish divergence on the RSI. - Indicate key support and resistance levels. - Plot the target zone around $74k.
BINANCE:BTCUSD.PLong
by crypto_vulture_signals
1
$Bitcoin ($BTC) good setup : One Simple Horizontal line-In consolidation for 3 months (Long base means Big Breakout) -Tested 71800ish resistance level multiple times and this time after testing took support of 10 ema (2 wicks) n signalling reversal. -Good Shakeout U&R (Undercut and Rally, when price go lower than last lower: kicking out weak players , taking out their stop losses and rally back to upside) -Signal Candles: Big Green Candles with vol showing buyers in action.
Long
by takmanish007
6
Bitcoin Technical Analysis- Bitcoin is currently hovering around the zone of overhead supply - Bitcoin can keep consolidating or move sideways here and that's going to help Bitcoin throw up or shoot up big - If Bitcoin gets rejected from here we can see an easy retracement to 65,000$ and then continue to move up - Avoid leverage like I always say and try building/holding positions in spot - Spot will save you from volatility much better than leverage if you still want to use leverage don't go beyond 2-3X
BITSTAMP:BTCUSDLong
by VKtradesimbalance