BITCOIN on Last Lower-Low DipAs per 1-day chart analysis, CRYPTOCAP:BTC performing well as per my previous perditions, already posted and mentioned below with its last Lower-Low soon around GETTEX:52K - GETTEX:48K , while it is already completed its second-final mark of $53.5k that lies between $55k- GETTEX:52K as per given charts.
so, need to take a little while more patience upto july month end, to completing its last Lower-Low mark and then from august onwards, #Bitcoin will starts moving slowly sideways with #Altcoins rally starts and slowly from sept. onwards fully mode of #BullRun 2024-25 cycle will be starts into their #Elliot #ImpilsiveWave upto next 7-8 months...
anyways,
always #DYOR before investing in #Crypto and Trade by using #StopLoss at this situations.
and,
always follow share & comment on my every post to get more updates...
Bitcoinprediction
BITCOIN SETUP TRADE WIH 1:5 RISK REWARD A good selling setup det BITCOIN SETUP TRADE WIH 1:5 RISK REWARD
A good selling setup detected on BTCUSD
It's showing a BULL MOVE due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
BITCOIN SETUP TRADE WIH 1:5 RISK REWARD
A good selling setup detected on BTCUSD
It's showing a BULL MOVE due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
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
Why BTC is going down ? Follow up Today, BTCUSDT has reached one critical point. In the past analysis linked here, we were waiting for two left-behind point, one between 56k and 53k and another below 51k, around 45k.
The price recovered the inefficiency, kept the lateral movement on the 60k resistance, consolidated by returning to the 63k level.
I was looking for a probable BARR but, as said in the past analysis, the pair had few liquidity and interest point to reach before increase and start the post-halving bull run.
The decreasing trend line fake out on the begin of the month can be mistaken for a break out, but the price did not draw a strong BOS and satisfying the fibonacci TP and level on the monthly inefficiency level (purple line).
This new bearish movement of the last few days included all crypto pairs. Ethereum, Ripple, Solana, Dogecoin... everyone's price decreased.
From a technical point of view, the price have reached our POI, point of interest zones. For Bitcoin we were waiting a recover around 56-53k, which were a inefficiency zone left behind from February 2024. It's impressive the reactivity of the price around our levels, snipers !
There are still areas to cover. On higher tf, the price is creating a M-pattern, indicator for an imminent bearish run. It would be in line with our analysis. The price would cover those missing areas, consolidating and the start a bull run. I am confident on a return around 42k before the long run.
I have just a note, a little thing that does not make sense so far : the price in below the Halving-level and this happened just another time before. Anyways, from an historical and fundamental point of view, the price has always increased after the halving (that's the aim). Are there any fundamentals points which have to be essentially consider for a fair analysis ? Are institutions and big whales a turning player for this halving as never before ?
Let's see..
Why BTC is going down ? Follow up Today, BTCUSDT has reached one critical point. In the past analysis linked here, we were waiting for two left-behind point, one between 56k and 53k and another below 51k, around 45k.
The price recovered the inefficiency, kept the lateral movement on the 60k resistance, consolidated by returning to the 63k level.
I was looking for a probable BARR but, as said in the past analysis, the pair had few liquidity and interest point to reach before increase and start the post-halving bull run.
The decreasing trend line fake out on the begin of the month can be mistaken for a break out, but the price did not draw a strong BOS and satisfying the fibonacci TP and level on the monthly inefficiency level (purple line).
This new bearish movement of the last few days included all crypto pairs. Ethereum, Ripple, Solana, Dogecoin... everyone's price decreased.
From a technical point of view, the price have reached our POI, point of interest zones. For Bitcoin we were waiting a recover around 56-53k, which were a inefficiency zone left behind from February 2024. It's impressive the reactivity of the price around our levels, snipers !
There are still areas to cover. On higher tf, the price is creating a M-pattern, indicator for an imminent bearish run. It would be in line with our analysis. The price would cover those missing areas, consolidating and the start a bull run. I am confident on a return around 42k before the long run.
I have just a note, a little thing that does not make sense so far : the price in below the Halving-level and this happened just another time before. Anyways, from an historical and fundamental point of view, the price has always increased after the halving (that's the aim). Are there any fundamentals points which have to be essentially consider for a fair analysis ? Are institutions and big whales a turning player for this halving as never before ?
Let's see..
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
OPERATOR GOT OUT FROM BITCOIN SELL BTC FOR 7000 POINT.OPERATOR GOT OUT FROM BITCOIN SELL BTC FOR 7000 POINT.
BTCUSDT showing g 7000 point fall in longtrm
due to the technicals indicating for shell
in bitcoin a strong trendline breakout happened plus
sellers are heavy in full of power
and volumes are gradually increaseing
all these sigh indicaing for falling of btc with a good point
upto 7000.points
BITCOIN SETUP TRADE WIH 1:4 RISK REWARDBITCOIN SETUP TRADE WIH 1:4 RISK REWARD
A good Buying detected on BTCUSD
It's showing a BULL MOVE due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
BITCOIN SETUP TRADE WIH 1:4 RISK REWARD
A good Buying detected on BTCUSD
It's showing a BULL MOVE due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
BITCOIN SETUP TRADE WIH 1:5 RISK REWARDBITCOIN SETUP TRADE WIH 1:5 RISK REWARD
A good Buying detected on BTCUSD
It's showing a BULL MOVE due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
BITCOIN SETUP TRADE WIH 1:5 RISK REWARD
A good Buying detected on BTCUSD
It's showing a BULL MOVE due to these reason
1. It's following THE 60 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bullish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
Bitcoin price loses correlation with the stock market On 17 MayOn 17 May, Bloomberg that the price of Bitcoin is at a high level of correlation with the shares of technology companies.
At the time, it was suggested that the main cryptocurrency was perceived as a growth asset, fuelled by:
→ the launch of Bitcoin ETFs;
→ expectation of Fed rate cuts.
But here was yesterday's Fed meeting, where the intention to cut the rate 1 or 2 (if inflation slows down more actively) times before the end of the year was announced. And with that, the Nasdaq 100 index of tech stocks rose to an all-time record of over 19,500 points. Bitcoin's price, on the other hand, is acting less confidently.
As the BTC/USD chart shows:
→ amid yesterday's news of declining inflation, the Bitcoin exchange rate jumped about 3% in 2 hours;
→ and today the price has returned to the levels before the news was released. What's more - it's gone lower. This is a bearish sign.
According to a technical analysis of the Bitcoin to US dollar chart:
→ the price has been oscillating for a long time along the median of the expanding fan, which originates back in November 2023;
→ each time the price deviated from the rising median, it returned to it (as indicated by the arrows) - thus showing that the consensus of market participants regarding the bullish outlook was stable.
Now the situation is changing:
→ having deviated down from the median, the price is having trouble getting back up (as shown by today's decline under the start of yesterday's upswing);
→ the psychological level of $70k is providing resistance;
→ the descending channel (shown in yellow) is becoming more apparent.
This could mean that the consensus is crumbling and there is a shortage of buyers in the market willing to pay more than $70k for the coin. The inability of the Bitcoin price to perform as strongly as the Nasdaq 100 index going forward will support this thesis. I expect a decline to the 1st support line below the median.
Bitcoin's Last downtrend Coming Soon...#Bitcoin at Daily Chart Analysis
CRYPTOCAP:BTC market is still in volatility mode, and has made its lower-high, but it is currently finished their last uptrend cycle with some major ups & downs and finished at $71.8k approx..!
After that, its last down cycle is start to running, which will at least retest the previous level of $56k-$58k here or it can also break-out and will go to $55k to GETTEX:52K for the last timer lower-low. within next 12-15 days, it means you will be easily say that the next Downtrend upto $55k-$60k approx..!
After that, Bitcoin's #BullRun cycle will start completely in Uptrend mode from mid of July onwards, which will be starts on #Elliott Impulsive Wave Cycle for the next 6-8 months..!
Rest, do your research and invest and trade by using #DYOR & #StopLoss
and,
Comment, Like, Share, Follow on Posts..
Bitcoin Technical Analysis & Possibilities - Bitcoin has recently shown a great jump and pump because of FED Rate cut expectations
- However, the ETF Inflow from Hong Kong and US Asset Managers is not stopping as well
- The fundamentals of Bitcoin looks good with no bearish scenario looming over
- ETH ETF approval will be a bullish catalyst for the whole market however, bitcoin might go sideways because of this reason being ETH money inflow will increase
- Watch out the zones mentioned and make sure you manage risk
BTCUSD - BITCOIN AT MAKE OR BREAK LEVELS ?Symbol - BTCUSD
Bitcoin has climbed higher in recent months on enthusiasm and demand generated by the nearly dozen spot bitcoin ETFs that were approved in January, as well as crypto's next 'halving' event and the prospect of Fed rate cuts this year.
But Fed rate cut expectations have been dialed back significantly amid hotter-than-expected inflation prints, which means central bankers look poised to keep rates higher for longer to fight inflation. Markets are now pricing in the fact that the Fed will only cut rates two times or less this year (as of now), according to the CME FedWatch tool.
BTCUSD CMP - 62,000
Bitcoin is currently trading & consolidating in a wide range of 61,000 - 72,000 levels.
Currently bitcoin is trading at lower range of this channel which is around 61,000-62,000 level.
60,000 is make or break level of Bitcoin as of now.
Bitcoin has to sustain above 60,000 - 61,000 for any further up move. On breakdown of these levels, We may see bitcoin coming back to 52,000 - 50,000 levels.
On sustaining 60,000 - 62,000 levels and moving up, we may see Bitcoin moving up to 85,000 and even 1,00,000.
For me, Sustaining and moving up/breakout scenerio is likely. So I'm taking positional long positions in BTCUSD at CMP 62,000 with SL below 60,000.
Incase BTCUSD breaking below 60,000 sustaining & closing below it. I'll close my long position & then I'll look to short it with SL above 62,000.
BITCOIN first 70k then 55k & then Bullish#Bitcoin at Daily Chart Analysis
CRYPTOCAP:BTC market is still in volatility mode, and has made its lower-high but is currently in almost the last leg of the uptrend cycle with some ups of $3k-4k and it will be soon make its higher-high on the daily chart at $68k-$70k. Will completed..!
After that, its last down cycle will run, which will at least retest the previous level of $56k here or it can also break-out and will go to $55k to GETTEX:52K for the last timer lower-low. Into next 20-25 days..!
After that, Bitcoin's #BullRun cycle will start completely in Uptrend mode from here, which will run on #Elliott Wave Cycle for the next 6-8 months..!
Rest, do your research and invest and trade by using #DYOR & #StopLoss
and,
Comment, Like, Share, Follow on Posts..
BITCOIN SHOWING A GOOD FALL FOR SHORTTERM TRADER A good falling detected on bitcoin
It's showing a fall due to these reason
1. It's following THE 15 M trendline here
2. It's ready to break the neckline
3. In day chat it's showing the heavy bearish pressure
Just grab out will your own risk
With a small amount
Stay connected
Stay happy
Bande mataram
Follow for more
An Analysis of Bitcoin: Unveiling the Macroscopic TrendsIn the vast landscape of financial markets, Bitcoin stands as a beacon of innovation and volatility. Its journey from obscurity to mainstream recognition has been nothing short of remarkable, captivating the attention of investors, speculators, and analysts alike. Delving into the depths of its price action, we embark on an analysis that transcends the minutiae of daily fluctuations, focusing instead on the broader canvas of macroscopic trends.
Bitcoin, the pioneering cryptocurrency, operates within a decentralized framework, free from the shackles of traditional financial institutions. This inherent autonomy infuses Bitcoin with a unique character, prone to wild swings and meteoric rises. Understanding its movements demands a blend of technical prowess, market sentiment analysis, and a keen eye for broader economic trends.
At the heart of our analysis lies the examination of larger time frames, where the ebbs and flows of Bitcoin's price action reveal profound insights. Zooming out from the noise of hourly or daily charts, we discern the formation of significant patterns and trends that span weeks, months, or even years.
Employing technical analysis tools such as moving averages, trend lines, and Fibonacci retracements, we chart the trajectory of Bitcoin's price movements. Through this lens, we identify key support and resistance levels that serve as pillars in the edifice of price discovery. These levels, when breached, often herald significant shifts in market sentiment, triggering cascading effects across the cryptocurrency landscape.
Accompanying our technical analysis is a thorough examination of fundamental factors that influence Bitcoin's valuation. From regulatory developments and institutional adoption to macroeconomic trends and geopolitical tensions, a multitude of variables can sway the market sentiment towards or against Bitcoin.
Crucially, risk management remains paramount in any analysis of Bitcoin or indeed any financial instrument. While the allure of potential gains may be enticing, prudent investors always consider the downside. Setting stop-loss orders and defining clear profit targets mitigate the inherent risks associated with trading or investing in Bitcoin.
It is imperative to recognize that this analysis serves as a guide rather than a guarantee. The dynamic nature of financial markets ensures that no prediction is infallible. Therefore, it is prudent to consult with a qualified financial advisor before embarking on any trading or investment strategy.
In conclusion, the analysis of Bitcoin in the larger time frame unveils a tapestry of trends and patterns that shape its trajectory. By blending technical analysis with an understanding of fundamental drivers and a disciplined approach to risk management, investors can navigate the tumultuous waters of cryptocurrency markets with greater confidence. However, prudent caution and professional guidance are indispensable companions on this journey of discovery.
#Bitcoin Heating Up: Analyzing the Bulls' MomentumIt sounds like you're analyzing two potential scenarios for the BTC/USDT pair. Let's break them down:
1. **Retest of $60,000 to $59,000, then liquidation of longs, followed by a rise to $84,000:**
- This scenario suggests that Bitcoin might retest the $60,000 to $59,000 level, possibly to shake out weak hands or test support levels. After this retest, it could liquidate long positions (which could lead to a sharp drop in price) before ultimately rising to $84,000.
- This scenario implies a short-term bearish movement followed by a significant bullish move.
2. **Fall to important support levels of $53,000 to $52,000, then rise to $84,000:**
- In this scenario, Bitcoin would fall to the $53,000 to $52,000 support range, possibly indicating a deeper correction. After reaching this support level, the price would then rally to $84,000.
- This scenario suggests a more significant correction to key support levels before a strong recovery to new highs.
Both scenarios indicate potential short-term volatility and significant price movements. It's essential to consider the overall market conditions, news events, and technical indicators when evaluating these scenarios to make informed trading decisions.
Bitcoin has triggered HS pattern. Potential downside target 43k Head and shoulder like pattern has been triggered. Watch for backtest of the dotted green line to initiate short position. Target calculation marked in the graph.
Stop loss is daily close above the HS neckline.
Disclaimer: Educational idea only
BITCOIN Parabolic Projection for 2024-25 BullRun#BITCOIN Weekly Chart Analysis-
As per CRYPTOCAP:BTC Weekly chart based Analysis of Parabolic Projections, already mentioned many times into previous posts, it is moving absolute perfectly and it will be into it's last Downtrend of Correction cycle around GETTEX:54K -52k upto May-June 2024.
From July 2024 onwards, Bitcoin again Starts for their next Uptrend cycle of #BullRun and then it will be goes upto...
Minimum $180k-$220k, and
Maximum $250k-$280k Approx.
So, Ready for Upcoming Bull Ride to create your best wealth...
And,
Always #DYOR, because it's #NFA and its our projections and analysis as per market charts, fundamental and technical analysis...
Also, LIKE, FOLLOW, SHARE & COMMENT on it always...!!!






















