BTC#3: Will Bitcoin continue to increase? What to do when you mi🔥 🔥🔥 Plan BTC#2 Has gone as planned. Currently, the BTC price has surpassed the Key lever 1026xx. And is approaching the old peak. I will continue to plan to help everyone have a panoramic view to make trading decisions for themselves. 🔥 🔥🔥
1️⃣ **Fundamental analysis:**
📊 Information about Donald Trump's inauguration has contributed to promoting optimism for the electronic market.
🔴 In addition, the possibility of Trump announcing a strategic Bitcoin reserve will further boost the demand for BTC in the near future when other major countries will also launch corresponding strategies.
2️⃣ **Technical analysis:**
🔹 **Frame D**: You can see that BTC is still increasing very strongly. We still don't see any signs that the price line wants to adjust, which shows the very positive sentiment of the current market.
🔹 **H4 frame**: The bearish price structure has been broken as I analyzed in the previous article #2. Currently, the price has not had any correction. However, the price is also very close to the resistance zone above
🔹 **H1 frame**: There is not much difference compared to H4, it can be seen that although there are slight corrections, the price line is still showing that the bulls are still absolutely dominant
3️⃣ **Trading plan:**
⛔ Absolutely do not hold losses at this time. The price line increasing without signs of adjustment will further torture the trading psychology of traders trading against the trend. In addition, the price increases continuously without stopping will form a FOMO mentality for those who have missed the opportunity. However, if we set up a buy position here, it will be difficult for us to achieve the desired profit when the R:R ratio is too risky
✅ The current price zone is no longer suitable for setting up a position. My advice for you is to patiently wait for the next correction when the price returns to important support zones.
🚀 At the present time, if anyone has a good position in the 955xx area, we can completely wait for even greater profits.
💪 **Wish you successful trading!**
Bitcon
BTC - At Support once againAfter touching earlier predicted first target of 102 price has fallen more than expected and holding at previous proven support levels. In my view BTC is once again at support and some fresh buying or accumulation is visible. For whatever reason price could dance for big players to buy more at support levels. Its popular idea to buy back whatever was partially booked at 102 levels. we cannot avoid this and we might see partial selling above 102K again and buying below 97K. Higher the price move up most will keep booking profits and more the price move low more buying is the trend now. Jan is the month we are waiting for banana spike to take price to 125 or above. Hope it happens once new president takes charge in office. As days near to this even I expect more bullish move in BTC. I do not see WW3 in Jan 2025.
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.
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.
BTCUSD LIVE ANALYSIS & PREDICTION - BITCOIN PRICE ACTION 11 AUGBtc is looking bearish on 1 hour timeframe.
But without confirmation my overview will be incomplete. I will wait for confirmation.
Confirmation will be - Price should test the support and should not test it's previous resistance.
Volume will also give Confirmation so keep eyes on volume
Support break is expected and price should reach to its previous support.
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 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.
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