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Bitcon

Bitcoin's Recent Surge and Potential OutlookBitcoin has experienced a significant surge in recent days, breaking through the $100,000 mark. This bullish momentum is evident on the daily chart, with the price forming higher highs and higher lows, a classic sign of an uptrend. Potential Scenarios: Continued Upward Momentum: If the current bullish trend persists, Bitcoin could continue to rally towards new all-time highs. Key resistance levels to watch include the psychological $110,000 and $120,000 levels. Short-Term Correction: Given the overbought conditions, a short-term pullback to retest is possible. However, this could provide a buying opportunity for long-term investors. Trading Strategies: Long-Term Investors: Continue to hold Bitcoin and consider buying additional positions on any dips. Short-Term Traders: Be cautious and consider taking profits on existing positions. If a pullback occurs, look for buying opportunities near key support levels. Important Considerations: Volatility: Bitcoin is a highly volatile asset, and price swings can be significant. Market Sentiment: Positive news and developments in the cryptocurrency industry can fuel further price increases. Regulatory Environment: Changes in regulations can impact the price of Bitcoin.
by itskisun
Will Bitcoin experience Bull run or will there be consolidation?In August, I was bullish when Bitcoin was around 48000, and I was sure that BTC would definitely reach 65k. But there's only one bearish sign now, which is that Bitcoin didn't close the monthly candle above 66k, it only gave a wick. Now, my view is that Bitcoin will consolidate a bit more in October and then Break the ATH. this doesn't mean it will go straight to 100k absolutely not. This bull run won't be parabolic at all; it will be slow and steady. This cycle will likely complete somewhere between December 2025 or March 2026. Thats it for now.
Long
by rahul123_
2
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
COINBASE:BTCUSDLong
by tradergyan01
Bitcoin consolidating after a drop.Bitcoin for last 10 day is being consolidating after a nice fall of 10%. The coin is consolidating in a range of 1% and there can be a nice move one it breaks the consolidation zone. On the weekly charts, it is taking support from the 200 ema i.e. 25670 and has retested after testing the levels. Even on the daily charts, there is also a bearish moving averages cross over and its trading below it. There might be a retest as there is a huge imbalance created. For the intraday trades. The coin is trading around the 20 ema, on the hourly charts, and below the 200 ema. The volumes are high when there is a fall and a reduction in the up move. There is volatility which no giving a clear view in this range. Let the coin give break out or break down of the levels and trades should be initiated accordingly. Support :- 25860, 25670 Resistance :- 26185, 26500 Wait for the price action near the levels before entering a trade.
BITSTAMP:BTCUSD
by Mambotrade
BITCOIN USDTTime frame 1 hour, going long at support where as the risk is low like every other trade as per my setup. There were multiple thoughts before entry if I should enter or not. I am sure this happens with many novice trades like me but to be in a league of professional we've got to enter a trade as per our own trade setup without a second thought. If there is a trade plan execute, post entry there is either SL or Target but what nobody teaches us in any course or book that it what is outside the chart that is required is PATIENCE, EXECUTION, PSYCHOLOGY, PRACTICE. WAIT & HUNT
BITSTAMP:BTCUSDLong
by rrithe9