Btc!
BTC/USDT Crossroads:Short Term Bearish Signals & What Lies Ahead💎 Paradisers, let's dive into BTC/USDT. The asset has recently slipped below its supportive trendline and is currently hovering near the demand zone of 25,792 on the weekly chart. My anticipation is that we might witness some stabilization in this region for a few days or perhaps a week before the price determines its subsequent trajectory. Presently, the scales tip towards a bearish sentiment, primarily due to the bearish divergence spotted on the RSI, signaling a potential trend reversal. Yet, it's essential to stay attuned to the price action.
💎 If BTC/USDT plunges past the 24,214 demand threshold, we might be steering towards the subsequent demand zone at 21,753. Intriguingly, this aligns with the Fibonacci's 0.618 level, often dubbed the 'golden zone'. Any bullish signs here could suggest a potential uptrend. However, if this zone crumbles, our sights are set on the 16,603 mark, a formidable demand zone and an optimal juncture for long-term accumulation.
💎The market might exhibit a lateral movement, potentially shaking out the less tenacious traders. Given the room for further decline in both the RSI and price, Stay vigilant and keep soaring, ParadiseSquad!
BTCUSDT DAILY TFAs you see market is filling DAILY POI I already drawn on 15Jun23 @25755.67
That POI worked as a magnet! and we can see price mitigates there price started to fall -14.79%
And now price will fill imbalance which is @23986.92 to @20687.13 PLUS there is a another POI for long side! price will bounce there too.
After that we can expect a New High on BTCUSDT a breakout @32399 that's a previous high on 31May22
OR . . .
If price gives us a breakdown on that POI @20367.48 then price will move towards WEEKLY POI {SKY BLUE} @16812.95 in my opinion that's a strong POI from 21Nov22 is there and not mitigated once!
That means BTC is FILLING FUEL we can see a BULL RUN!
THOSE WHOEVER READING THIS COMMENT YOUR THOUGHT
SMC
#BTC 🟢 M15 LONG (Bitcoin). Long awaited failure 📣For more than one week, Sellers have been gaining selling positions... Although they haven't reached the main selling zone 32k. But there was an impressive sale .. and at the same time, grandiose discounts for 26.2K, who didn’t have time - he didn’t have time)
On the retest of the M15 imbalance near our D1 Buy Zone, we expect a hike up and a breakout of the long-awaited level of 31K.
Entry price below market opening price.(✔️)
M15 imbalance at the potential of the D1 range.(✔️)
Below the First Buyer of Exchange Options.(✔️)
According to CFTC futures reports, SHORTS prevail so far. 12851/14261 .(⚠️)
input: 26560 (on test/retest)
sl: 26223
tp1: 26898
tp2: 27566
BTC | 1H: Monday Plan$29,000 Buy wall. CRYPTOCAP:BTC Big liquidation hunted and also strong buyback. If buyers stay strong and push the price higher, we could see a continuation to the upside. Let's hope the market agrees and we see a bullish trend. Let's do it! 🚀
Previous day:
VAH: $29440
POC: $29391
VAL : $2956
Date: 14 August 2023
BTC | 1H: Today PlanIt's definitely not a good sign for bulls if the DXY traders got trapped and CRYPTOCAP:BTC Spot started selling again. We could see some consolidation at the current levels before a further drop. Good luck and happy Friday!
Previous day:
VAH: $29620
POC: $29515
VAL : $29400
Date: 11 August 2023
$BTC | 1H: Today PlanIt looks like the bears are in trouble and a good daily close for Bitcoin was seen. I'm Looking for a long position on CRYPTOCAP:BTC , as well as Ethereum hitting $1800. Big liquidity was taken and it's time to send it back up!
Previous day:
VAH: $29203
POC: $29074
VAL : $29000
Date: 8 August 2023
Bitcoin BTC bull market comparisonBitcoin BTC bull market comparison, Bitcoin BTC2025, history will not repeat itself, but it is always surprisingly similar, replay the historical bull market of 2016~2018, welcome the bull market of 2023~2025, refer to the historical market, it does not mean that it will end up the same, but similar , the focus is on the angle and distance between the trend line and the K line, and the goal of Bitcoin is more than 100,000. Bitcoin founder, Satoshi Nakamoto: If you don't understand or don't believe it, I'm sorry, I don't have time to convince you.
Bitcoin BTC Bull Market Fifth CycleIn the fifth cycle of the Bitcoin BTC bull market, Bitcoin has entered the fifth cycle of the long-term upsurge in the bull market. The general direction of the general trend has been formed. Only by continuing to rise, no one can compete with this bull market trend. Only by following the trend can traders get the results they want.
"Chart Long Positions to Maximize Profit Potential in Market 🌊"In the thrilling realm of financial markets, a remarkable phenomenon emerges - bullish momentum. It's a force that sends shockwaves of excitement throughout trading floors and investment communities alike. When bullish momentum takes hold, market bulls charge forward, igniting a rally of profits and a euphoric sense of optimism. Investors flock to the scene, driven by the belief that the tide has turned in their favor. As this momentum builds, gains multiply, creating a virtuous cycle of wealth creation. Traders, astutely recognizing the opportunities at hand, ride this wave of bullish momentum, strategically positioning themselves for maximum profitability. With every uptick in prices, the air is filled with anticipation, and the potential for substantial returns becomes a tangible reality. From strength to strength, the power of bullish momentum propels markets to new heights, reaffirming the dynamic nature of the financial landscape.
BTCUSDT ( Bitcoin ) Coin Analysis 29/09/2021Fundamental analysis:
it is very obvious that the asset is at distribution phase on its bearish trend, though many countries are accepting it as a legal tender but there are many more reasons that the coin is on its way to the lower levels of its past appreciation and we can have one more glimpse of this asset on its very undervalued levels before the reaccumulation phase starts.
soon we can hear more negative news which may mislead us that it is falling due to some silly reasons but it is nothing than the simple supply and demand and outdate of the technology.
from other side we can see bitcoin is loosing its Dominance and it can be interpreted as the fund diversification to the AltCoins.
we shall observe some diversion and correlation coefficient change of BTC and other altcoins specially DEFI segment and other powerful blockchains.
but we believe Bitcoin will survive this bearish trend also and live to see the higher levels such as 85000$ or even 107000$
Technical Analysis:
the Asset seems to be not able to break the 23.6 FIB Retracement which is followed by an engulfing candle pattern and it can be a good sign of retracement reversal towards the lower levels such as 78.6% (17000USD) of the main bullish wave with top of 64850 USD.
with Bearish Bias we can have the C leg of the ABC chart pattern which is the correction of the main Elliot wave count.
we count 17000$ and lower to be the best undervalued prices to Purchase and accumulate the Asset.
there exist a very powerful resistance area from 55000$ to 58000$ as this zone has confluences with Main distribution and bearish 78.6% Fib Retracement of the bearish wave.
there exist a very very strong support area between 9000$ to 15000$
#BTC 🟢 M15. Buy. (#BITCOIN)Range H4, within which the price has been moving stubbornly for more than three weeks.
After the enchanting liquidation of all longists by one hourly candle (who expected continued growth above 31K), an imbalance formed at the lower boundary of the H4 range, which I decided to take into work.
But he predicted the development of events for Monday, when all markets will be active and volumes will come in.
The long-awaited entry point, I did not expect that there would be an activation on the weekend, but it happened :)
M15 unbalance test, and instantly backlash like a spring to the first target.
The entry point is excellent, the price movement potentials are good.
I will close the targets within the H4 range and a little higher, at the unclosed potential of the previous H4 range (31744)
Another target as an experiment (additional order) is 34400.
Since something tells me that this will be the last long in our current H4 range, after which the price will break through it and fly to test the resistance of D1.
The price has gone under the First Buyer of stock options very much. (and this is currently 31500)
The buy price is below the market opening price. (✔️)
The purchase price is at the lower boundary of the H4 range. (✔️)
The purchase price is below the volume bearish candle. (✔️)
M15 Unbalance at the lower limit of the range H4. (✔️)
entry point: 30160 (on imbalance test)
stop: 29971
tp1: 30345
tp2: 30724
tp3: 31121
tp4: 31744
tp5: 34400