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BTCUSDT

BITCOIN HEADED TO 50K ? - CRASH SOON ?Symbol - BTCUSD CMP 60700 Bitcoin is testing the previous major liquidity area which is around 59300 - 61000. Earlier it was consolidating around 65K levels & was trading in a range. Now it is witnessing a huge profit booking and declining sharply towards the liquidity area. A retracement towards 62000 - 62500 is likely. In any case, If it is breaking 59000 level and sustaining below it then it may directly head to 50-51K which is next major support. A double top pattern is visible on larger time frame. Breakdown of this pattern will lead to trend change/reversal. Hence breakdown of the neckline & sustaining below it will activate this double top pattern & then it will definitely test 51K level & then may touch 45K levels too. P.S. : I'm actively tracking BTCUSD to make long positions around this liquidity zone to play a retracement & then I'll be looking to short around 62K levels with small SL & will add more position on breakdown of liquidity zone/neckline.
OANDA:BTCUSDShort
by akshit_official
2
Why BTC is going down ? Follow up Today, BTCUSDT has reached one critical point. In the past analysis linked here, we were waiting for two left-behind point, one between 56k and 53k and another below 51k, around 45k. The price recovered the inefficiency, kept the lateral movement on the 60k resistance, consolidated by returning to the 63k level. I was looking for a probable BARR but, as said in the past analysis, the pair had few liquidity and interest point to reach before increase and start the post-halving bull run. The decreasing trend line fake out on the begin of the month can be mistaken for a break out, but the price did not draw a strong BOS and satisfying the fibonacci TP and level on the monthly inefficiency level (purple line). This new bearish movement of the last few days included all crypto pairs. Ethereum, Ripple, Solana, Dogecoin... everyone's price decreased. From a technical point of view, the price have reached our POI, point of interest zones. For Bitcoin we were waiting a recover around 56-53k, which were a inefficiency zone left behind from February 2024. It's impressive the reactivity of the price around our levels, snipers ! There are still areas to cover. On higher tf, the price is creating a M-pattern, indicator for an imminent bearish run. It would be in line with our analysis. The price would cover those missing areas, consolidating and the start a bull run. I am confident on a return around 42k before the long run. I have just a note, a little thing that does not make sense so far : the price in below the Halving-level and this happened just another time before. Anyways, from an historical and fundamental point of view, the price has always increased after the halving (that's the aim). Are there any fundamentals points which have to be essentially consider for a fair analysis ? Are institutions and big whales a turning player for this halving as never before ? Let's see..
Long
by itsmcasalinii
Why BTC is going down ? Follow up Today, BTCUSDT has reached one critical point. In the past analysis linked here, we were waiting for two left-behind point, one between 56k and 53k and another below 51k, around 45k. The price recovered the inefficiency, kept the lateral movement on the 60k resistance, consolidated by returning to the 63k level. I was looking for a probable BARR but, as said in the past analysis, the pair had few liquidity and interest point to reach before increase and start the post-halving bull run. The decreasing trend line fake out on the begin of the month can be mistaken for a break out, but the price did not draw a strong BOS and satisfying the fibonacci TP and level on the monthly inefficiency level (purple line). This new bearish movement of the last few days included all crypto pairs. Ethereum, Ripple, Solana, Dogecoin... everyone's price decreased. From a technical point of view, the price have reached our POI, point of interest zones. For Bitcoin we were waiting a recover around 56-53k, which were a inefficiency zone left behind from February 2024. It's impressive the reactivity of the price around our levels, snipers ! There are still areas to cover. On higher tf, the price is creating a M-pattern, indicator for an imminent bearish run. It would be in line with our analysis. The price would cover those missing areas, consolidating and the start a bull run. I am confident on a return around 42k before the long run. I have just a note, a little thing that does not make sense so far : the price in below the Halving-level and this happened just another time before. Anyways, from an historical and fundamental point of view, the price has always increased after the halving (that's the aim). Are there any fundamentals points which have to be essentially consider for a fair analysis ? Are institutions and big whales a turning player for this halving as never before ? Let's see..
Long
by itsmcasalinii
BITCOIN SETUP TRADE WIH 1:5 RISK REWARD A good selling setup BITCOIN SETUP TRADE WIH 1:5 RISK REWARD A good selling setup 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 selling setup 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
CRYPTO:BTCUSDShort
by tradergyan01
#BTC/USDT Primed for Breakout#BTC/USDT Technical Analysis: Two Potential Scenarios Scenario 1: Symmetrical Triangle Formation - **Current Pattern**: BTC/USDT is forming a symmetrical triangle, a common continuation pattern that usually indicates a period of consolidation before the price moves in the direction of the previous trend. - **Upward Breakout**: If BTC breaks above the upper trendline of the triangle around $75,000, this could indicate a bullish continuation. Such a breakout would likely attract significant buying interest, potentially driving the price higher and grabbing liquidity above this key level. - **Downside Risk**: Conversely, if BTC breaks below the lower trendline, the next major support level is around $61,000. This would suggest a bearish scenario where the price could decline further, testing this support level. Scenario 2: Bullish Pennant Formation - **Current Pattern**: BTC/USDT is also forming a bullish pennant, another continuation pattern that often occurs after a strong upward move. This pattern indicates a brief consolidation before the price continues in the direction of the prevailing trend. - **Bullish Breakout**: If BTC breaks out from the pennant formation with strong volume and momentum, we could expect a significant upward move. The target for this breakout is around $85,000, based on the height of the initial flagpole leading into the pennant formation. - **Confirmation**: For this bullish scenario to be validated, the breakout needs to occur with substantial volume, confirming the strength of the move.
BINANCE:BTCUSD.P
by crypto_vulture_signals
BTCUSD - BITCOIN AT MAKE OR BREAK LEVELS ?Symbol - BTCUSD Bitcoin has climbed higher in recent months on enthusiasm and demand generated by the nearly dozen spot bitcoin ETFs that were approved in January, as well as crypto's next 'halving' event and the prospect of Fed rate cuts this year. But Fed rate cut expectations have been dialed back significantly amid hotter-than-expected inflation prints, which means central bankers look poised to keep rates higher for longer to fight inflation. Markets are now pricing in the fact that the Fed will only cut rates two times or less this year (as of now), according to the CME FedWatch tool. BTCUSD CMP - 62,000 Bitcoin is currently trading & consolidating in a wide range of 61,000 - 72,000 levels. Currently bitcoin is trading at lower range of this channel which is around 61,000-62,000 level. 60,000 is make or break level of Bitcoin as of now. Bitcoin has to sustain above 60,000 - 61,000 for any further up move. On breakdown of these levels, We may see bitcoin coming back to 52,000 - 50,000 levels. On sustaining 60,000 - 62,000 levels and moving up, we may see Bitcoin moving up to 85,000 and even 1,00,000. For me, Sustaining and moving up/breakout scenerio is likely. So I'm taking positional long positions in BTCUSD at CMP 62,000 with SL below 60,000. Incase BTCUSD breaking below 60,000 sustaining & closing below it. I'll close my long position & then I'll look to short it with SL above 62,000.
OANDA:BTCUSD
by akshit_official
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.
Long
by LeverageMaxoffical
#BTC/USDT Rebound Sparks Optimism#BTC/USDT has recently shown promising signs of a potential relief rally, supported by the formation of a double bottom pattern and bullish divergence. A double bottom typically indicates a reversal pattern, suggesting that selling pressure may have exhausted and buyers are stepping in. Concurrently, bullish divergence, where price forms lower lows while the indicator (like RSI) forms higher lows, signals weakening bearish momentum and a possible trend reversal. This combination of technical indicators implies that Bitcoin could be poised for a relief rally, with a target retest of the $62,500 level. However, as with any market prediction, it's essential to monitor price action and volume to confirm the validity of the pattern and divergence. Traders should remain cautious and implement risk management strategies accordingly.
BINANCE:BTCUSD.PLong
by crypto_vulture_signals
#Bitcoin Heating Up: Analyzing the Bulls' MomentumIt sounds like you're analyzing two potential scenarios for the BTC/USDT pair. Let's break them down: 1. **Retest of $60,000 to $59,000, then liquidation of longs, followed by a rise to $84,000:** - This scenario suggests that Bitcoin might retest the $60,000 to $59,000 level, possibly to shake out weak hands or test support levels. After this retest, it could liquidate long positions (which could lead to a sharp drop in price) before ultimately rising to $84,000. - This scenario implies a short-term bearish movement followed by a significant bullish move. 2. **Fall to important support levels of $53,000 to $52,000, then rise to $84,000:** - In this scenario, Bitcoin would fall to the $53,000 to $52,000 support range, possibly indicating a deeper correction. After reaching this support level, the price would then rally to $84,000. - This scenario suggests a more significant correction to key support levels before a strong recovery to new highs. Both scenarios indicate potential short-term volatility and significant price movements. It's essential to consider the overall market conditions, news events, and technical indicators when evaluating these scenarios to make informed trading decisions.
BITSTAMP:BTCUSD
by crypto_vulture_signals