Looks like BTC is clear to MOVE UPThe chart is showing a lot of positive strength today.
-On a 4 hours chart we can see the price has retested the support multiple time and has accepted it well.
-100 MA is going to cross 200MA to upside which is also a positive sign. Small MA crossing a bigger MA and going up is always a good sign of momentum.
- MACD showing decreasing bear power and should create a divert, meaning the MACD line (Blue) should cross over the Signal line (orange).
- 20 MA is sitting at the bottom of current 4 hour candle -> That is a support.
- 50 Ma is lying between $63,000 & $61,000 creating another zone for support in case the price goes south for any reason.
Over sentiment is positive. The price should test and try to break the resistance at $66,000. And when it happens, another barrier at $68,000 is waiting. If the market receives some good momentum there are chances, the price directly goes to $69,000 before another cooloff.
Just a precaution which we should always have in our minds before taking any decision, watch out for any news with a negative sentiment, which can cause to retest the latest support.
Bitcoinmarkets
IS BITCOIN GOING TO CRASH ? BITCOIN LONGTERM VIEWIS BITCOIN GOING TO CRASH ? BITCOIN LONGTERM VIEW
when we look in day chat bitcoin showing these thing.
1. first of all its break a trend line shown on chat
2. its not filled the 52.000 lable and created a gap thats mean it fall again and fill the gap
3. its also breaked the all support lines
there is no resistance so it will fall a lot with out any doubt
4. here buyers are ready to buy but showing a huge downward pressure
it gonna trap her and fall a lot
5. volumes are also showing far more fall
overall mening is ..
i want to ask you 2 question
1 ask youself
Q1. is bitcoin time over
Q2. what is your opinion in this longterm setup
just comment below im waiting for your comment.
and last JAY JAGANNATH
.
when we look in day chat bitcoin showing these thing.
1. first of all its break a trend line shown on chat
2. its not filled the 52.000 lable and created a gap thats mean it fall again and fill the gap
3. its also breaked the all support lines
there is no resistance so it will fall a lot with out any doubt
4. here buyers are ready to buy but showing a huge downward pressure
it gonna trap her and fall a lot
5. volumes are also showing far more fall
overall mening is ..
i want to ask you 2 question
1 ask youself
Q1. is bitcoin time over
Q2. what is your opinion in this longterm setup
just comment below im waiting for your comment.
and last JAY JAGANNATH
BITCOINIt could move upwards to test 67486 -- 67951 📈
Rejection from above levels 67486 --- 69648 is possible 📉 📉 📉
As below levels are still pending to test
Any daily closing below 64740 then price could fall to 52529 📉 📉
Disclaimer:
It's a personal view not a financial advice and I assume no responsibility and liability whatever outcome arises
Bitcoin: Mid-Term Price OutlookBitcoin Technical Analysis update
Bitcoin is forming a triangle pattern on the 4h chart. Currently, the price is trading within the triangle just above the 200EMA. We can expect sideways movement around the 65.5k level before a potential breakout. If the price fails to hold above the 200EMA, it could test support at the triangle's bottom line around 63k.
Regards
Hexa
False Bitcoin rumors revealing real market sentiment False Bitcoin rumors revealing real market sentiment
Fake news sent Bitcoin up about 10% on Monday, surging from $27,900 to over $30,000 after Crypto news site Cointelegraph posted on X that the Securities and Exchange Commission had approved BlackRock’s spot bitcoin ETF application.
In response to the rumor, BlackRock had to clarify that no decision had been made regarding their ETF application. Even though the rumor has now been debunked, Bitcoin is still up more than 5%, at $28,600, with some movement suggesting that buyers are still willing to prob for more gains.
The 10% upside move has perhaps provided us with a preview of what might happen when/ if the SEC eventually approves or rejects BlackRock's Bitcoin ETF application. It could also be argued that we are also getting a glimpse into what could happen if the SEC rejects the application, with targets set at the pre-rumor price of $27,900 the first port of call.
Bitcoin - Important Support and Resistance LevelsI have marked IMPORTANT support and Resistance levels for BTCUSDT.
These levels have been marked for a reason, utilise it with your indicators for MORE profitable trading trades
please do like and comment if you want Support and Resistance for any other scripts.
Thanks :)
BITCOIN BULLISH STRUCTURE 1 HOUR This is BTCUDT 1 hour frame long position. As per my setup it has given a long entry breaking previous swing high and now that is acting as support. Targets are marked with yellow lines upside. The structure is simple with finding Demand & supply zone. I always prefer horizontal support as I do not find trendline useful my style of trading. The RR is always 1:5 + in every trade I take.
BITCOIN MARKET ANALYSIS: MAJOR SUPPORTBitcoin is hanging by a thread and is at critical support on the higher time frames. It is at key demand zone of 25.4k - 24k zone. If the level holds, we could see a rally in BTC towards 36k-40k.
However a break of 24k with candle closure, is not going to end well. We could see a further correction to 18k if this were to play out.
Watch these levels closely in the coming days/weeks.
BITCOIN USDTgoing long on support. Time frame is 15 min. Took an entry on retest with just 40 points Sl for the target of 600 points. Will keep trailing Sl using 1 min frame in case if the trend has reversal. Just a basics knowledge of Support/Resistance or Supply/Demand with any indicator that to me mastered thats all we need.
BTCUSD possible Elliot wave counts of bitcoinHello Friends,
Here we had shared possible Elliott wave counts of BTCUSD-BITCOIN on 4 hourly chart, in which we can see post bottom formation in November 2022, bitcoin had started motive journey towards north direction as a fresh impulse wave.
In which we had completed wave (1) & (2) and now we are unfolding wave (3), in wave (3) we had completed wave 1 & now possibly we are unfolding wave 2, in which we are having subdivisions as wave (a), (b) & (c), here we are possibly in wave (c) right now, post completion of wave (c) we can assume that our wave 2 should be complete and fresh impulse as a wave 3 should start towards north direction. whereas invalidation level is mentioned on chart at 19569 because wave 2 will never retraces more than 100% of wave 1 as a wave principles. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
BITCOIN USDTAs per my setup 1 hour short trade is placed near the resistance post the breakdown has been done with a large candle. So my R-R is not good here if I enter right away at ay candle as trading is 90% psychology with Risk management without FOMO. I have placed a short order near the resistance area if the price reaches there for retest would be a good thing & if not I do not want to chase any trade randomly and lose more than what I should, learning lessons through my previous experience and sharing it here as my notes. SL here is 200 points & reward is 1600 points so I dont mind taking series of losses because I only prefer high probability trades. No shame in taking SL and no Pride if targets are achieved, this is a game of probability let us play it this way.
Falling Trendline breakout & Double bottom seen in BITCOINWe have seen falling trendline breakout and double bottom in bitcoin. MACD also indicating a bullish crossover All this is a indication of bullish reversal from this level. So if anyone wants to go long for some moment can go with current price 28036 and keep a stop loss at 27750 and go for target above 28300/28450/28600+.
Please follow strict stop loss.
If anyone likes my work please like,follow and comment.
Thankyou
Bitcoin on way towards 31kBitcoing trading in bullish flag pattern and it is trading in range since 24 hour, very soon breakout can take place,, which can make clear way towards 31k for Bitcoin Darling. Right now it is trading at 30168 start accumulating from current levels to 29900 and keep stop loss at 29675 and we can see targets above 30500/30750/30950+, Price is above 200 EMA, which is a sign of bullishness. So this will be best risk and reward trade in BTCUSDT.
Note:- Please follow strict stop loss.
If anyone like my work plesae support me by like, follow and comment.
Happy Trading
Thankyou:))
Buy bitcoin from current level for target of 31000 Bitcoin trading at lower support zone, it is just made low and this is gonna to be reverse from here, Very soon we will see a hammer candle over just here. Price and action showing a pull back from this level. So if anyone wants to go long can go from here. Right now it is trading at 30410 and keep a stop loss 30200, Very small stop loss, and go for target above 30800/30900/31000+..All Cryptos looking bullish,,Ethereum already given sharp move for upside. Now it's Bitcoin time to shine. Chances are very high for reversal from these level. Please follow a strict stop loss.
If anyone like my work please like and support and comment.
Thankyou.






















