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BTCUSDT

UPDATE to "Did BTC Crash or Bullish Move"On the longer Term timelines, Bitcoin is still strong and recovering from its push higher but sadly for us, It lost that support line mentioned in the previous post witht he title above The Chart Below shows this clearly This is the 4 hour chart We can see how PA kept testing and retesting that line of support but eventualy fell through but what is still Bullish is how PA broke through that descending line of resistance. That takes away one problem but we have at least 2 strong lines of resistance above now AND RSI is overbought and so, I think we can expect further Dips and at the very least, a Longer Term range, as we did from March to September this year. The Weekly MACD is in a very simialr position as it was back then, OVERBOUGHT but lower timeframes are neutral or below and so some strength is found. We are , on average, still in ACCUMULATION with small pockets of Distribution as we have seen over the last couple of days. But Accumulation is certainly the trend that continues I am beginning to doubt a New December ATH and I am expecting January to be RED and so, now I am looking to that MARCH ATH as more realistic possibility But, this is BITCOIN.........Anything can happen
CRYPTO:BTCUSD
by Orriginal
Bitcoin Analysis: Testing Support LevelsAfter breaking down the critical support level at 95k, Bitcoin is showing strong downward momentum, heading toward the 89k zone. There’s significant buy volume building around the 89k level, indicating potential interest for a reversal or at least a temporary bounce. Key areas to watch: • If 89k holds, we could see a reversal or consolidation before another move. • A break below 89k with sustained sell volume might open the door to lower levels. I’ll monitor price action and volume closely to confirm any reversal signals or further downside continuation. Trade cautiously and always stick to your risk management strategy. Let me know your thoughts in the comments!
Short
by gigaalgo
$BTC READY TO BOINCEBitcoin is currently bouncing off the $95,000 support level. It has entered the oversold zone and formed a bullish divergence. Based on this, there are three possible scenarios: 1. Bullish Scenario: Bitcoin could retest the $100,000 resistance level. If it successfully breaks this level, there's a strong possibility of further movement toward the $104,000 resistance. 2. Bearish Scenario: Bitcoin may retrace to test the major support at $94,000 or potentially form a double bottom at this level.
BINANCE:BTCUSD.P
by crypto_vulture_signals
Did BTC really Crash or just a Bullish move ? IT IS BULLISH MOVESo many people, including some "Experts" have called this Dip by BTC as a Crash, caused by inflation and / or the Fed But it is NOT that at all, it is a perfect retest of resistance and here is why I have posted this chart a number of times here and it still stands, when PA crosses over that lower Bold line. PA is en-route to ATH. PA has been bouncing along this line for a number fo weeks, failing to break over and stay above This chart, daily, was taken just a little while ago And here we can clearly see that PA broke over that line of resistance and is now returning and tested it as support. So far, we are holding above it Should PA just range along this, we can see that Red 50 SMA coming in as support but this line we just crossed, if we can hold above...well.....It could be a Very nice christmas presant.. 25 Dec....... You heard it here ;-) Have a good one. IF we loose support, there is plenty of support below...but have aplan incase.....always have a plan
CRYPTO:BTCUSD
by Orriginal
2
UPDATE - Rates Rises and Cuts since 2021 and effect on BTC PAThere it is, the entire effect of FED Rate Cuts, Effects on influential companies and banks and the unstoppable RISE of Bitcoin to Corporate recognition and Adoption and the arrival of ETF's And now, with a more Global acceptance of Crypto, whats next ? what is certain is how BTC is gaining on GOLD's previous title as the Safe haven and Stor of Value The BTCXAUT ( Gold) chart shows this rise as it has begun, ready to take over > Currently, ONE BTC = 39 ounces of Gold, down slightly from the 42 Over 100 is expected by 2030 at the very latest It is simply Bad financial advice to suggest people SELL Bitcoin.
BITSTAMP:BTCUSD
by Orriginal
BTCUSD - Channel BO - WKLYThe chart displays Bitcoin's price action (BTC/USD) over a weekly timeframe, suggesting a large channel BO. Key insights: 1. **Resistance Zone**: Around ~$65,000, which acted as a historical peak during earlier bull runs. 2. **Breakout Target**: - The measured move of ~$54,840.25 (approximately a 72.17% rise post-breakout) suggests a price target near **$131,176.66**. 3. **Volume**: Noticeable increase in volume during the breakout, signaling strong buying momentum. 4. **Current Price**: Bitcoin is trading near ~$107,367.64, consolidating above the breakout resistance. The chart anticipates a bullish continuation toward the projected target (~$131,000) if the breakout holds, in line with historical price structure.
BINANCE:BTCUSDLong
by Vem_TA_Charts
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
Bitcoin going to complete this head and shoulder pattern in Bitcoin at a Critical Juncture: Support or Head and Shoulders Formation? Bitcoin is currently at a pivotal level, testing the neckline of a potential head and shoulders pattern. Here’s what traders should watch for: Scenario 1: Bounce from the Neckline (Bullish Case) If Bitcoin holds support at the neckline, we could see a strong rebound. A successful bounce might lead BTC to retest resistance levels, potentially paving the way for a rally. Key levels to watch: Support: $96800 (neckline) Resistance: $98100 Scenario 2: Breakdown and Completion of the Head and Shoulders Pattern (Bearish to Bullish Case) If Bitcoin breaks below the neckline with strong volume, the head and shoulders pattern will likely play out. This could trigger a further decline to the measured move target, offering a possible buy-the-dip opportunity at lower levels. After completing the pattern, Bitcoin may regain momentum and resume its uptrend. Key levels to watch: Support : 94800
BITSTAMP:BTCUSD
by RRvsJC
"ORDI/USDT Long Setup - Triangle Breakout with Clear Risk-RewardORDI is displaying a bullish breakout pattern from a descending triangle, indicating potential for upward momentum. After breaking out of the resistance zone near $41.6, it appears to be consolidating for another leg up. Descending triangle broke upwards, signaling bullish sentiment. A smaller symmetrical triangle is forming near the breakout zone, suggesting accumulation. Keylevels- Resistance: $41.6 (previous breakout level). Support: $37.6 (key level for risk management). Technical indicators Bullish momentum evident as price makes higher lows. Volume analysis suggests increased interest on breakout candles. Trade plan Entry: Buy near $39.6, at the lower boundary of the symmetrical triangle. Profit Target: $48, based on the measured move of the descending triangle breakout. Stop Loss: $37.6, below the recent swing low.
by sohail1811
$BTC Bearish Divergence Signals Potential Correction to $77K GAP#Bitcoin is showing clear bearish divergence, suggesting a potential correction ahead. The price may drop to the $77,000 level to fill the CME gap, with major support around $74,000. Traders should monitor these key levels for potential opportunities and confirmation of a reversal. Key Levels: Resistance: $100,000 Potential Gap Fill: $77,000 Major Support Zone: $74,000 📉 Plan: Look for bearish confirmation and assess risk at key support areas. If CRYPTOCAP:BTC reclaims support, it could trigger a rebound.
BINANCE:BTCUSD.PShort
by crypto_vulture_signals
Btc sentimental targets I mean bull run market sentiment targets, Target mentioned this chart #elonTrump crypto time Note: analysis is not new, its still old.(Already analysis from November session) Analysis coming from smc and price action both analysis in collaboration. Happy trade and good luck. Take idea only for reference Be not serious¡!!!!!!!! Tools used : smc, price actioning, and custom Fibonacci formula with 1.618 find for supply reacting of trading method.(Reference) 😁
COINBASE:BTCUSDLong
by Tradejackify
1
Bitcoin Market Cycle:Bitcoin Market Cycle: The #Bitcoin market Cycle is here to repeat its historical pattern! Looking back at 2016-2017 and 2020-2021, we know exactly what’s coming. The next cycle starting in 2024-2025 looks promising: BINANCE:BTCUSDT BTC Cycle: 2016-2017 🔹 Pre-Halving: Jan '16- Jun '16 🔹 Halving: July '16 🔹 Accumulation: Aug '16- Dec '16 🔹 Bull Run: Jan '17 - Dec '17 BTC Cycle: 2020-2021 🔹 Pre-Halving: Nov '19- Apr '20 🔹 Halving: May '20 🔹 Accumulation: Jun '20- Oct '20 🔹 Bull Run: Nov '20 - Nov '21 BTC Cycle: 2024-2025 🔹 Pre-Halving: Oct '23 - Mar '24 🔹 Halving: Apr '24 🔹 Accumulation: May '24- Sep '24 🔹 Bull Run: Oct '24 - Oct '25 Today Date: 20th Nov 2024 Hold Tight. altcoins are primed to pump massively. It’s going to be an exhilarating journey!
COINBASE:BTCUSDLong
by femtoxbt
Bitcoin -->Continues to GrowBINANCE:BTCUSDT reached $91,433, up $899 (0.99%) from the previous session. During the trading session, the highest price recorded was $92,654 and the lowest was $89,240. This growth was driven by factors such as the US Federal Reserve (Fed) keeping interest rates unchanged and the increasingly widespread acceptance of Bitcoin in financial transactions. In addition, geopolitical tensions in Europe also caused investors to seek Bitcoin as a safe haven asset. Experts predict that if this trend continues, Bitcoin could surpass the $100,000 mark in the near future.
Long
by JerrytradingCR
Bitcoin Analysis and Trading Levels for 19th November 2024Bitcoin has been consolidating in the range of 85,100 to 93,500 for the last seven trading sessions. A breakout on either side could lead to a potential move of 7,000 to 10,000 points. Trading Levels (1-Hour Candle): Buy Above: 92,700 (Enter a buy position if the 1-hour candle closes above this level, confirming a bullish breakout.) Sell Below: 88,700 (Enter a sell position if the 1-hour candle closes below this level, confirming a bearish breakout.) Key Support and Resistance Levels: Resistance Levels: 93,500 (Immediate resistance and upper boundary of the consolidation range.) 95,000 – 96,200 (Potential upside target zone post-breakout.) 100,000 (Psychological level and extended bullish target.) Support Levels: 89,000 (Intermediate support near the sell trigger.) 85,100 (Lower boundary of the consolidation range.) 82,000 – 81,000 (Extended downside target post-breakdown.) Potential Move on Breakout (1-Hour Candle): Upside: A sustained breakout above 93,500 could lead to a move toward 100,000. Downside: A breakdown below 85,100 could trigger a fall toward 81,000 or lower. Trading Tips: Wait for Confirmation: Ensure that the 1-hour candle closes firmly above or below the breakout levels before initiating trades. Book Profits Regularly: Secure profits at key resistance or support levels to manage risk. Use Trailing Stop-Loss: Adjust your stop-loss as the trade progresses to protect profits while following the trend. Monitor Volumes: A breakout with high trading volume often confirms the validity of the move. Disclaimer: The trading levels and analysis are based on technical indicators and the 1-hour candle chart. This information is provided for educational and informational purposes only and does not constitute financial or trading advice. Risk Management Guidelines: Always use appropriate risk management techniques, such as stop-loss orders and position sizing. Cryptocurrency markets are highly volatile. Be prepared for rapid price fluctuations. Stay updated with relevant news and macroeconomic factors affecting Bitcoin. Risk Disclosure: Trading cryptocurrencies carries a significant risk of financial loss and may not be suitable for all investors. Past performance is not indicative of future results. Always consult a licensed financial advisor for personalized advice and trade only with funds you can afford to lose.
BITSTAMP:BTCUSD
by ramkkyy