Bitcoin 5-day double Fibonacci blueprintBitcoin 5-day double Fibonacci blueprint, the main short-term target price is at the green and white Fibonacci price levels below, and the main long-term target is at the green and white Fibonacci price levels above. Both rises and falls are in this chart. Instead of looking at a single direction, the green and white line prices are used according to different market conditions.Bitcoin 5-day double Fibonacci blueprint, the main short-term target price is at the green and white Fibonacci price levels below, and the main long-term target is at the green and white Fibonacci price levels above. Both rises and falls are in this chart. Instead of looking at a single direction, the green and white line prices are used according to different market conditions.
BTC-D
BITCOIN BTC on CUP & Handle Pattern | Target 1,21,00 $As per Technical analysis on weekly timeframe on BTC. I think BTC might go in an upward direction CUP & Handle pattern formation found.
Now, BTC at 70000$
Also, Check my previous BTC target at $70,000
Keep Using SL and always remember below points
Imp. Note: This analysis is provided for informational purposes only and does not constitute a direct recommendation to buy or sell stocks. Investors should conduct their own research and consult with financial advisors before making any investment decisions, as market conditions and individual circumstances may vary.
Market Risk: However, it's important to acknowledge the inherent risks associated with investing in the stock market, including but not limited to volatility, economic downturns, regulatory changes, and unforeseen events that can impact stock prices. It's crucial for investors to remain vigilant and diversify their portfolios to mitigate potential losses.
Bitcoin BTC large head and shoulders pattern channelBitcoin BTC large head and shoulders pattern channel, head and shoulders pattern white line: June 2021 is the left shoulder, November 2022 is the head and shoulders, and the left shoulder is expected to appear in 2024. It can be formed by falling back and stepping back to the price near June 2021. Pink channel line: It is the top price resistance line above the long line and also the short-term support line. The green channel line is the bottom price of the decline. There are three color lines. If any color line fails, the other two lines will be valid. It mainly depends on the direction of the white line, and the pink and green channels are auxiliary.
Altseason Confirmed: Altcoins Surge as Bitcoin Dominance Decline*Title: #BTC Dominance Breaks Support: Altseason is Here! 🚀**
Description:
In this video, we dive into the latest market movements confirming the onset of #altseason. As Bitcoin dominance (BTC.D) breaks through its critical support line, altcoins are set to take the spotlight with explosive growth potential. Join us as we analyze:
1. **BTC.D Breakdown:** Detailed analysis of Bitcoin dominance breaking its support line and what this means for the broader crypto market.
2. #Altseason Indicators:** Key indicators signaling the start of #altseason and why altcoins are poised for major gains.
3. **Top Altcoins to Watch:** A rundown of the top-performing altcoins and those with the most potential in this bullish phase.
4. **Technical Analysis:** Expert technical analysis on #BTC.D, including trend lines, support/resistance levels, and what to expect next.
5. **Market Strategies:** Proven strategies to maximize gains during #altseason, including portfolio diversification and risk management tips.
BITCOIN BTC on Higher Highs and Higher lowes formation | 70000$ Hi All,
As per Technical analysis on BTC. I think BTC might go in an upward direction as Lower low trend its completed and now its going in upward direction.
Now, BTC will touch 70000$
If it break S1 then next support S2.
Keep Using SL and always remember below points
Imp. Note: This analysis is provided for informational purposes only and does not constitute a direct recommendation to buy or sell stocks. Investors should conduct their own research and consult with financial advisors before making any investment decisions, as market conditions and individual circumstances may vary.
Market Risk: However, it's important to acknowledge the inherent risks associated with investing in the stock market, including but not limited to volatility, economic downturns, regulatory changes, and unforeseen events that can impact stock prices. It's crucial for investors to remain vigilant and diversify their portfolios to mitigate potential losses.
$BTC | Daily: HTF Plan:BINANCE:BTCUSDT Bulls are gearing up to reach the previous month high and potentially set a new ATH. I think the next higher low will settle around the POI level in the 67k-66k range.
Altcoins market is currently pumping well due to the pre-hype surrounding the ETHETF. Ethereum spot ETF, whether approved or disapproved, could provide unique benefits to #Bitcoin. ✌️
$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
Not coin updatesOverview
Name: Not Coin (NTC)
Launch Date: Recently launched (specific date varies by source)
Purpose: Designed for use in decentralized applications (dApps) and smart contracts.
Key Features
Blockchain Technology: Not Coin operates on a blockchain platform, ensuring security and transparency.
Smart Contracts: Supports the creation and execution of smart contracts, aiming to streamline various digital agreements.
dApp Integration: Focused on facilitating the development and operation of decentralized applications.
Market Performance
Market Cap: Relatively low compared to major cryptocurrencies, reflecting its emerging status.
Price Volatility: Exhibits significant price fluctuations, typical of new and smaller cryptocurrencies.
Use Cases
DeFi (Decentralized Finance): Potential applications in decentralized finance platforms, offering users financial services without intermediaries.
Gaming: Integration into blockchain-based games, providing in-game currency and assets.
Strengths
Innovative Technology: Leveraging blockchain for various modern applications.
Community Support: Growing community and developer interest, fostering innovation and adoption.
Weaknesses
High Volatility: Prone to large price swings, which can deter risk-averse investors.
Limited Adoption: Still in the early stages of user and developer adoption compared to established cryptocurrencies like Bitcoin and Ethereum.
Conclusion
Not Coin is an emerging cryptocurrency with potential in the DeFi and dApp sectors. Its future growth depends on increased adoption and development within its ecosystem. However, investors should be aware of the high volatility and associated risks.
For a detailed analysis, including technical specs and real-time market data, further research or consultation with a financial expert is recommended.
Technical Analysis Update: DXY & Bitcoin Price Correlation Technical Analysis Update: DXY & Bitcoin Price Correlation
DXY Overview:
The US Dollar Index (DXY) is currently trading at a pivotal support level of $105. This level is crucial as it has played a major role in dictating the next moves for Bitcoin.
Bitcoin Price Implications:
If DXY Bounces: Should the DXY rebound from the $105 support level, we might see a bearish impact on Bitcoin, potentially driving BTC prices down towards the $50,000 mark.
If DXY Breaks Down: Conversely, if the DXY fails to hold this support and breaks below $105, it could signal a bullish scenario for Bitcoin, with price targets possibly reaching up to $75,000.
What to Watch:
Traders should keep a close eye on the DXY's behavior at the $105 support. A confirmed bounce or breakdown will be pivotal in setting the next direction for BTC prices.
Action Steps:
- Monitor DXY closely for any signs of reversal or continuation patterns at the support level.
- Prepare for potential volatility in BTC prices in response to DXY movements.
Stay Tuned: Follow for more updates.
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!
Bitcoin Urgent market Update about RejectionBTC/USDT Urgent Analysis
➡️ Current Situation:
BTC has faced rejection at a higher high (HH) and is testing the resistance trendline (TL).
➡️ Bearish Scenario:
There’s a possibility that BTC may retest the $57,000 range.
➡️ Key Levels to Watch:
- $64,500: Crucial level! Breaking above this indicates a bullish move towards $100K.
- $65,540: Place your stop loss here if you have open short positions (avoid high leverage).
- $67,300: The last HH level. If BTC breaks this, the HH/HL pattern is invalidated, signaling a bullish rally towards $100K.
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