Bitcoin Bearish as per SMC Analysis#Bitcoin Update:
IMO, #BTCUSD looks ready for another dump after tapping into the FVG and OB.
Short Area: $63,000 - $63,800
Stop Loss: $64,200
If rejected from the FVG level, the next target is $55,000.
Btc-bitcoin
Can #Bitcoin Pass $70K and Reach $150K?Can #Bitcoin Pass $70K and Reach $150K?
If you want to see Bitcoin reach a new all-time high toward $150K, the price needs to break the $70,000 resistance level.
There's strong support at $50,000."
$BTC | Daily: HTF Plan:The weekly close was so bullish. BINANCE:BTCUSDT successfully flipped the POI level (67k), showcasing the strength of spot buyers in the market.
Expect some consolidation before bulls push to 72k (PMH) and then new highs!
68k- POI level
72k- PMH + Liquidation
74k- New all time high.
$BTC | Daily: HTF Plan:There is still potential for a small bounce in BINANCE:BTCUSDT before it potentially drops to a lower low of 56k. Nothing to worry about, It would be the best opportunity.
We may not see any big moves until the ETH ETF starts. It starts trading on the 2nd of July. But once the #ETHETF begins, there could be some distribution on BTC.
Bitcoin Rebounds from Key Trendline: Is $90K on the Horizon#BTC Bouncing from Key 10-Month Trendline with Weekly Bullish Divergence: Targeting $90K
#Bitcoin (BTC) is currently bouncing off a significant 10-month trendline. The weekly time frame clearly shows a bullish divergence, indicating a strong potential for a substantial upward move. This momentum could propel BTC towards the $90K mark, suggesting a big rally is on the horizon.
#Bitcoin #BTC #Crypto #CryptoTrading #TechnicalAnalysis #BullishDivergence #Trendline #BTCUSD #BTCto90K #CryptoAnalysis #Cryptocurrency #BTCBullRun #CryptoInvesting
Bitcoin Ready For $28,000 As per SMC Chart AnalysisBITCOIN Urgent Weekly Chart Update
Weekly Chart Analysis:
Order Block (OB) 1: $42,000 - $38,000
First Fair Value Gap (FVG): $47,557
Order Block (OB) 2: $28,000 - $26,400
Second FVG: $33,802
Potential Scenarios:
We could see a fill of the first OB and FVG before a new upward rally.
Both FVG and OB are in the discount zone, increasing the likelihood of hitting the second OB and FVG around $33,000 - $30,000.
Spot Entry Levels:
Entry 1: $47,600 - $41,600
Entry 2: $33,900 - $27,000
Targets: $100,000 / $150,000 / $180,000
This might sound speculative, but there is a high chance of sweeping liquidity at these levels before a bullish rally.
Reminder: My eyes are open for discount zone entries. I could be wrong, so always do your own research before investing. This is not financial advice.
Stay alert and trade wisely.
Bitcoin Ready For $28,000 As per SMC Chart AnalysisBITCOIN Urgent Weekly Chart Update
Weekly Chart Analysis:
Order Block (OB) 1: $42,000 - $38,000
First Fair Value Gap (FVG): $47,557
Order Block (OB) 2: $28,000 - $26,400
Second FVG: $33,802
Potential Scenarios:
We could see a fill of the first OB and FVG before a new upward rally.
Both FVG and OB are in the discount zone, increasing the likelihood of hitting the second OB and FVG around $33,000 - $30,000.
Spot Entry Levels:
Entry 1: $47,600 - $41,600
Entry 2: $33,900 - $27,000
Targets: $100,000 / $150,000 / $180,000
This might sound speculative, but there is a high chance of sweeping liquidity at these levels before a bullish rally.
Reminder: My eyes are open for discount zone entries. I could be wrong, so always do your own research before investing. This is not financial advice.
Stay alert and trade wisely.
$BTC | Daily: HTF Plan:The weekly close for BINANCE:BTCUSDT was very bullish, with March low and liquidation levels already taken.
There is strong buying interest below 60k, so we are anticipating a dump to FVG before a pump to 68k.
However, it is unlikely for Bitcoin to see a direct surge to a new ATH, instead, there could be a period of consolidation between 68k and 62k.
#Bitcoin LTF Chart Analysis#Bitcoin LTF Chart Analysis
BTC is currently trading at a crucial support level.
Here's what to watch:
Support Level: $66,500
Scenario 1: If support holds, it's a positive sign for the bulls.
Scenario 2: If support breaks down, BTC could drop below $65,000.
Trading Tip: Always wait for confirmation before entering a trade.
Stay alert and trade wisely.
#Bitcoin Elliott Wave Count Analysis ( Ready for $44000 ?)#Bitcoin Elliott Wave Count Analysis
Intermediate Degree:
▪️We are observing a potential wave (3) down of a descending impulse on the 1-day chart.
▪️Target: $48,000 - $44,000.
Primary Degree:
▪️The 1-day chart suggests wave C down of a zigzag pattern is in progress.
▪️Target: $58,000 - $61,000.
Cycle Degree:
▪️At the cycle degree, wave ((ii)) down of an ascending diagonal appears to be forming.
▪️Target: $52,000 - $58,000.
Disclaimer: This analysis is based on current market conditions and the Elliott Wave Theory.
Always conduct your own research before making trading decisions.
Stay tuned for more updates and detailed insights.
Please Like/RT & Appreciate
2024 & 2025 Bitcoin Green Yearly Candle ?After Every Red Yearly Candle... Expect Three Consecutive Green Years!
Doubts? Just zoom out on the CRYPTOCAP:BTC chart. #Bitcoin proves it's always bullish in the long run.
Are You Ready for the Green Years of 2024 & 2025?
Let's gear up for growth!
#Cryptocurrency
2024 & 2025 Bitcoin Green Yearly Candle ?After Every Red Yearly Candle... Expect Three Consecutive Green Years!
Doubts? Just zoom out on the CRYPTOCAP:BTC chart. #Bitcoin proves it's always bullish in the long run.
Are You Ready for the Green Years of 2024 & 2025?
Let's gear up for growth!
#Cryptocurrency
Bitcoin Urgent Chart UpdateCRYPTOCAP:BTC Urgent Chart Update
- #Bitcoin Rejected from HH/TL.
- We Already Profit in BTC/USDT Short Positions
- $57000 Possible Scenario
Key Levels to Watch:
$64,000: Critical! Above this, a path to $100k opens.
$65,540: Ideal stop loss for short positions.
$57,000: Breaking $57k Mean #BTC could drop to $50k
Stay alert and manage your positions carefully!
Why "V" Shape Happened Last week in #Bitcoin ?Why "V" Shape Happened Last week in #Bitcoin ?
High Risk-to-Reward Reversal Trades
- Whales in Action: Big traders can manipulate the market to fill long positions. By driving prices down, they trigger stops/liquidations, then enter positions at favorable liquidity levels. Once the liquidity is absorbed, prices reverse upwards.
- Liquidation Levels: Massive pressure on one side of the order book can lead to price reversals after liquidation levels are hit.
- All Liquidation Levels Hit: If all liquidation levels in one direction are exhausted, there's minimal liquidity left, causing a natural price reversal.
Opportunities for Traders:
1⃣ These reversals can mark local tops/bottoms, offering high risk-to-reward trades.
2⃣ Use tight stop losses and further take profits for maximum reward.
3⃣ Increase your chances by finding confluence with other indicators or support/resistance levels.
CRYPTOCAP:BTC #BitcoinETF
Bitcoin Weekly Closed is Epic so Ready for Massive Run?Epic Weekly Close for Bitcoin!
BTC is gearing up for a massive run
If BTC holds above $56,570, we could see an impressive rally soon!
Keep an eye on the charts as history suggests sustained breakouts lead to significant gains.
#BTC #Bitcoin #Crypto #CryptoAnalysis
Long Opportunity Bitcoin is looking for buying opportunity after forming expanding channel & has clear formation to make movement to the upside, expecting target to reach at 68K
Important Liquidation Levels for Bitcoin: $50k - $73kImportant Liquidation Levels for Bitcoin: $50k - FWB:73K
#Bitcoin Liquidation Heat Map:
Approximately $3 billion can be liquidated up to $71,715. Key levels to watch:
➡ $67,420: $2.75 Billion in potential liquidations.
➡ $50,000: $5 Billion waiting to be liquidated.
Key Areas to Monitor:
➡ $56.9k - $52.1k: Weaker liquidations.
➡ $59.5k - $58.5k: Heavy liquidation zone.
➡ $52.1k - $50k: Another heavy liquidation zone.
Scenarios:
➡ Below $50k: ~$5+ billion could be liquidated.
➡ Above $74k: $6.1 billion might get liquidated.
Current price is around $63k!
Stay alert!
Important BTC Update:Bulls and Bears Face Off at $64,000BTCUSDT Update: Current Resistance at $63,000
BTC is trading at the crucial $63,000 resistance level.
Next Move:
- Bullish Scenario: A decisive breakout above the $64,000 resistance could trigger an upward rally to a new all-time high.
- Bearish Scenario: Failure to break $64,000 might lead to a downturn, pushing BTC to the year's new low in the $45,000 - $50,000 range.
Keep a close watch on these levels as they will decide the next direction of BTC. Stay tuned for further updates!
Bitcoin Current analysis update#Bitcoin LTF Update
#BTCUSDT bounced back strongly from the $56k support.
- Key resistance at GETTEX:64K ; a break above is bullish.
- Failure to break could mean testing new lows for the year.
CRYPTOCAP:BTC
$BTC Update: Falling Wedge PatternCRYPTOCAP:BTC Update: Falling Wedge Pattern
Bitcoin is currently bouncing back within the yellow box but remains inside the Falling Wedge pattern/Bull Flag.
Bulls need to surpass the $65,000 resistance level to confirm an upside breakout. If successful, we could see BTC headed toward $95,000
However, if BTC fails to hold the yellow Box support, expect potential downside to $50k and $40k.
Stay cautious and keep an eye on these key levels!
#Bitcoin #Crypto #TechnicalAnalysis
Bitcoin Technical Analysis - Bearish Scenario & Elliott Wave Bitcoin Technical Analysis - Bearish Scenario & Elliott Wave Count
Greetings traders and investors,
Current Analysis:
The current BTC scenario appears bearish. As discussed earlier, I highlighted the likelihood of a significant dump. I hope you adhered to the warning and avoided long trades around $70,000 - $72,000.
Chart Analysis Recap:
The chart shows a clear bullish pennant formation, usually indicating a bullish trend. However, based on my experience, the market often moves contrary to expectations.
Pennant Breakdown:
#BTC briefly broke upwards before a fakeout and a subsequent breakdown below the bullish pennant.
Critical Breakdown:
After breaking below the $66,000 level, #Bitcoin dropped further past the red trend line and retested $67,400. Many traders, fearing missing out, opened long positions at this level only to be liquidated shortly afterward.
Elliott Wave Count:
We're currently in the 5th count of a fresh Elliott Wave and the 3rd sub-wave count. Expect a slight upward move to fulfill the "A" and "B" count.
Upward Move:
Expect a short-term pump towards $61,000 - $62,000.
Major Dump: Post-pump, BTC could dip further to $50,000, with potential dips toward $45,000.
Support & Resistance Levels:
Support: $51,000 / $42,000
Resistance: $62,000
Note:
If BTC breaks above the $62,000 resistance, the Elliott Wave count could change, then i will update.
Like & share if you agree with my Analysis
Trade safely,
BITCOIN LONG IDEABTC seems to go for long to take liquidity,
Entry 63500 - 64000
Targets 67000, 70000, 73000
Stop 62500
