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Bitcoin (Cryptocurrency)

Catch the Wave: RNDR/USDT Analysis & Potential $50 TargetCatch the Wave: RNDR/USDT Analysis & Potential $50 Target Elliott Wave Count Insight CRYPTOCAP:RNDR is currently showing signs of forming an Elliott Wave pattern, suggesting a potential correction in the near future. Our analysis indicates that there might be further correction ahead. Previous Analysis Recap In our last analysis when #RNDR was around $10, we accurately predicted a 4th wave correction, which has since been fulfilled. Current Scenario and Entry Opportunities There's a strong support level anticipated at $5-$6, representing the 0.382 Fibonacci retracement. This suggests a potential bounce for the 4th wave from this support zone, presenting favorable entry opportunities. Price Target Projection Should our wave count analysis hold, we anticipate RNDR's price to potentially reach $50 in this bullish cycle. Alternative Scenario In case RNDR fails to maintain the 0.382 Fibonacci level, we recommend considering entry points around $2.5-$3.5. Remember, trading involves risks. Always conduct your own research and consider your risk tolerance before making any investment decisions.
RLong
by CryptoPatel
BTC : BITCOIN: : FLAG + Double Top detectedBTC : BITCOIN: : FLAG + Double Top detected The Wolf of Zurich has detected 2 chartist famous patterns : 1st is a "Double Top" , which gives a Bearish signal , and the price can reach : 58 000 - 56 500 The second signal is Bullish . I detected an "ascending FLAG" , which is a Bullish signal; And the the price can reach 71 200 - 73 00 Watch the EMA.200 Daily and the ICHIMOKU levels around 51 000 Weekly be safe Good trades "PAKA PAKA ! "
COINBASE:BTCUSDShort
by Le-Loup-de-Zurich
2
BITCOIN BEARISH OUTLOOOKBitcoin Update: Key Alert! Quick Analysis: As previously highlighted, #Bitcoin remains under pressure. Staying below $67,900 has shown us there’s limited upward potential, and now it's more evident with the recent rejection from $67,000. Bitcoin is currently trading below $62,000, signaling a strong bearish trend. Current Status: Bearish Outlook: Bitcoin's failure to surpass $67,900 has set a bearish tone. Watch out as it now trades below $63,000, which might trigger further declines. Support: $51,000 Resistance: $63,900 / $67,700 Suggestion for Traders Monitor these crucial thresholds and adjust your trading plans accordingly. Stay prepared for swift market movements. CRYPTOCAP:BTC #Cryptocrash
BITFINEX:BTCUSDShort
by CryptoPatel
What's Next for Bitcoin? Understanding Its Current Price MovesWhat's Next for Bitcoin? Understanding Its Current Price Moves #Bitcoin Market Brief Current Status: CRYPTOCAP:BTC is trading near $64,000 amid recent declines. Bearish trends dominate due to global uncertainties affecting crypto markets. Key Levels: Support: Watch $63,800. Falling below could lead us to $51,000. Resistance: Key resistance at $67,600. Below this, expect continued bearishness. Observations: Recent charts show a trendline breakout and retest, suggesting a possible further drop. Stay alert to these patterns for trading cues. Action Points: Maintain strict stop-losses to minimize risks. A break above $71,000 could shift momentum to bullish, signaling a potential new ATH. Suggestion: Focus on technical analysis and update strategies with market changes. Keep an eye on global news that could sway crypto prices. Looking Ahead: A climb over $71,000 might set the stage for new record highs. Keep tuned for updates. #BTC #Cryptocrash
BITFINEX:BTCUSDShort
by CryptoPatel
BITCOIN BEARISH MODE SO READY FOR $50,000 ?#BITCOIN BEARISH ALERT Market Status: Bearish Key Observations: Pattern Breakdown: Bullish Pennant formation has been compromised. Trend Line Status: Currently trading below the key trend line. Targets: $50,000 Condition: This target is set under the condition that #BTCUSDT remains below $65,500. Keep a close eye on the price movement. A sustained position below $65,500 could confirm the bearish momentum towards our target. Stay tuned for further updates! CRYPTOCAP:BTC #Cryptocrash
Short
by CryptoPatel
Crypto Market Update: Bitcoin Dominance & Altcoin SeasonCrypto Market Update: Bitcoin Dominance & Altcoin Season - MIL:BTC Dominance: Bitcoin's market share is near a 3-year high. Remember, a rise in CRYPTOCAP:BTC.D means more market cap is going to Bitcoin instead of altcoins. - Altcoin Opportunity: The best setup for altcoin growth is when MIL:BTC price rises but CRYPTOCAP:BTC.D falls. This means money is moving into altcoins. - Market Status: Altcoins had a tough week, while Bitcoin was stable. If CRYPTOCAP:BTC.D hits 57-58%, get ready for a real altcoin season! - Ready to Act? The perfect time for altcoins is coming. Stay updated and be prepared to move!
CRYPTOCAP:BTC.DLong
by CryptoPatel
Time to Take Your Money? Tips After $TAO Big Exchange ListingTime to Take Your Money? Tips After GETTEX:TAO Big Exchange Listing #TAO Hits Binance Huge props to @opentensor for listing TAO on the world's top exchange, sparking an epic season for $TATSU Peak Price: TAO hit $1,249 Good News for #TATSU : It's looking up because of TAO's success. Cheers to Early Investors: If you got TAO early, you're in a good spot. Market Snapshot: Last 10 Months: +2500% ( 4000% if High Consider ) Last 6 Months: 16x gains Post-Listing: +35% Attention: Watch the $550 support. Falling below? Bearish signs ahead. Strategy Tip: Enjoyed the pump? Consider securing profits. Market dynamics are shifting! Again Remember Never forget to book profit & Keep tight Stop Loss if you want to Fresh Entry in TAO #Bittensor #Crypto
Long
by CryptoPatel
Bitcoin Symmetrical Triangle Fake breakout#BitcoinUpdate | CRYPTOCAP:BTC Trading Insights Current Formation: CRYPTOCAP:BTC is sculpting a Symmetrical Triangle, suggesting a pivotal movement ahead. Recent Activity: Noticed a Fake Breakout with $BTC/USDT, reverting to trade within the Symmetrical Triangle. Bearish Alert: Caution if #BTC plunges below $65k. This level is a critical juncture for future trends. Strong Support: Steadfast at $65,000. Bulls dominate above this threshold. Trading Strategy: Hold your trades until a clear Symmetrical Triangle Breakout. Patience is key. Bullish Outlook: An upward breakout could signify a monumental bull run for Bitcoin. Engage & Share: RT/Like if you find this setup aligned with your market expectations. Let’s ride the wave together!
by CryptoPatel
1
BTC BTC BTC BTC, to even crash more or a recovery from here.so we recently witnessed a great closing from BTC above its previous all time high in weekly and monthly closing that is a very strong signal that market is perfectly bullish, but what is it currently happening. so BTC in order give a perfect breakout from its all time high will ofcourse require to accumulate as much volume as possible thats what is currently happening in the market. BTC is currently being traded at 65896, and I am expecting a dip up to 57k in 56956k to 60821 area.. there is a good chance BTC recovers from that area very quickly and less chance that it takes a spike up to 52k in 50539 to 53072 area. in either case market is still bullish until it breaks downwards from 47k but it wont reach there. so trade accordingly and have a very good day.
by chirag76518
1
#Bitcoin Big Fight: Bulls vs. Bears ( Fresh Update )#Bitcoin Big Fight: Bulls vs. Bears ( Fresh Update ) Hey everyone! Right now, Bitcoin is at $66,233 Key Points: Big Move Alert: If Bitcoin jumps over $70,500, we might just see it hit $100,000 super fast. Bulls' Hope: Watch out for $62,500. If we stay above this, the bulls have a chance to keep the party going. Bears' Target: If we fall under $62,500, we could be heading down to $50,000. Important Levels: Support (Bulls' Floor): $62,500 Resistance (Wall to Break): $71,000
by CryptoPatel