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Btcusdtanalysis

Concerns about interest rates put pressure on BitcoinThe world's largest cryptocurrency once surpassed the $100,000 mark thanks to a prolonged recovery from the late December drop. However, losses on Tuesday and Wednesday wiped out this recovery entirely, bringing Bitcoin back near its late December lows. Bitcoin fell 0.3% to $96,607.7 at 12:49 AM ET (5:49 AM GMT), after losing more than 5% on Tuesday. Bitcoin also faced profit-taking pressure after an impressive 2024. Most of Bitcoin's gains followed Donald Trump's victory in the presidential election, as he promised to implement pro-cryptocurrency policies. However, the cryptocurrency market is now awaiting further signals on Trump’s policy plans as he assumes office on January 20. December’s Purchasing Managers' Index (PMI) data, while painting a brighter picture of the U.S. economy, also raised concerns that inflation may persist in the coming months, giving the Fed more reason to reduce interest rates gradually. The central bank downgraded its rate-cut forecasts for 2025 in its December meeting, citing concerns about persistent inflation and confidence in the labor market. Fed officials reiterated this message earlier this week. Prolonged high interest rates are unfavorable for speculative assets like cryptocurrencies, as they limit the liquidity flowing into this sector. This trend hurt the cryptocurrency market throughout 2022 and much of 2023. CFD Trading Strategy with BTC The larger trend on the H4 timeframe is showing the formation of a parallel descending channel, with strong bearish candlestick closures on both H4 and D1. The analyst's view remains to wait for price retracements to key resistance levels and main FIBO levels to look for SELL opportunities. SELL ZONE: 96,750 - 97,250 SL: 99,000 TP: 94,000 - 92,500 - 90,000 - ???? Strictly adhere to the Take Profit (TP) and Stop Loss (SL) levels to ensure account safety. GOOD LUCK!
BINANCE:BTCUSDShort
by KevinNguyen-SimpleTrade
BTC has fallen sharply since returning to $100,000Bitcoin funds experienced a strong net outflow of approximately $543 million after two consecutive days of inflows amounting to nearly $1 billion daily. This withdrawal coincided with Bitcoin's continued testing of the $100,000 resistance level, indicating that profit-taking demand at this price zone remains high. The inability to sustain capital inflows and maintain the price above $100,000 poses a significant challenge for the funds. Based on my observations, capital outflows at this price level are not a new phenomenon. This time, most funds experienced net withdrawals. This could reinforce the likelihood that Bitcoin may continue a consolidation phase around the $100,000 mark. Buy orders are scattered across rounded price zones like $94,000, $93,000, $92,000, and $90,000, which remain long-standing and heavily anticipated levels. The low trading volume at these levels suggests investor uncertainty, with many avoiding holding positions over multiple days, reflecting a lack of confidence. The BTC strategy remains in a strong upward trend on larger time frames, so wait for corrections to the noted support zones to consider potential BUY opportunities. On shorter time frames (H1-H2), the trend is showing a downward wave, so in the short term, wait for prices to retrace to the lower support zones before entering BUY positions. Trading Strategy SELL ZONE: 97,370 - 97,570 SL: 98,000 TP: 95,450 - 94,750 - 93,250 - 92,000 BUY ZONE: 92,200 - 92,050 SL: 91,500 TP: 93,000 - 93,750 - 94,500 - 96,000 - ???? Stick to proper volume and manage your positions carefully. Always adhere to the set TP/SL levels. Be cautious today as significant USD news (ADP Nonfarm data) is expected—ensure the safety of your account.
BITSTAMP:BTCUSDLong
by KevinNguyen-SimpleTrade
BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:8 RISK REWARDBTCUSD SHOWING A GOOD DOWN MOVE WITH 1:8 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
CRYPTO:BTCUSDShort
by tradergyan01
5
Bitcoin PA still in channel but is it ready to break out ?We can see that PA is still in channel and seemingly getting rejected off resistance mid channel. Is this Terrible News ? I do not think so. If we go back and look at the 2013 - 2017 run, we can also see PA was tame in the 2 years of mid cycle. held down by a rising trend line and, for me, I can see that this cycle also but on a bigger scale. We wait for PA to break over that line and then the upper trendline, to reach for New ATH This may happen Late spring or Early Autumn. I can wait
INDEX:BTCUSD
by Orriginal
Bitcoin Monthly Candle Colour Close and patterns since 2011First of All HAPPY NEW YEAR TO YOU ALL And I think we will see an excellent year for Bitcoin. But, for now, we walk into slightly uncharted territory Previous JANUARY candle colours are 7 GREEN and 6 RED. The previous DECEMBER was the same score but now, As December closed RED, it is now 7 all. Of the previous 7 Red Decembers, only 3 were followed by a Green January. the 1 st was the month after the 2013 ATH but the other 2 were in 2020 and 2023, both of which were en-route to ATH, so the odds are that we Could be in a good place. But do understand that in 2020, Feb and March were Bloody and Frb 2023 was a close call but just managed to remain Green.Given how overbought the weekly MACD is , this may happen again. We have had a RED January after a RED december on 3 occasions also and PA levelled out after that with a GREEN February on each occasion. 2 of those eventually led to rises over all and one, in 2022, we went into the bear market after an attempt in Spring to climb higher. For me, I think we are still following that 2013 - 2017 ATH Fractel and this is , to some extent, backed up by the inverted Red Hammer Candle ( only just ) This is technically a ~BEARISH sign and if we follow the Fractel, we are expecting a Drop in Janaury down to around 88K - 72K If this happens and I repeat, IF this happens, it is an excellent buying opportunity and possibly the last one below 100 K ever. It has to be said that Nothing is set in stone and "patterns" can be broken and we are certainly in times were things can change and quickly, so, Have an idea of what you will do in any situation and stick to that idea. If we are continuing to follow previous cycles, 2025 is the year we attain a new End of Cycle ATH and there are a wide variety of ideas of that will be. But in the back of my head, I am wondering if we have accelerated the PA. We reached a New ATH in the 3rd year of 4 year cycle. Only Time will tell whats nexrt but lets be ready for it Stay Safe and healthy
BITSTAMP:BTCUSD
by Orriginal
2
Where next and When for this Bitcoin Cycle- is it Over ? It is Far from over. In fact, in many way, Bitcoin has Just begun its new life. It was born in 2008, it has just gone through its childhood and now, as it becomes accepyted across Finacial Markets worldwide, it is maturing into adulthood. And so, by concequence, everything I am about to say may be completely wring as we have no real idea of how high Bitcoin will go. As the chart shows, It has been in a Rising channel since Nov 2022 and really took off in January 2023. There are many founded expectations for a High in Spring and in Late summer to winter 2025 If we follow the Upper trend line of this channel, I would expect PA to "top out" on the Fib extensions marked with a circle at 134K in April / May and anoither ATH, THE ATH of the cycle towards the end of the year. It is this one, the Last ATH oi the Cycle that is the hardest to pin point. On this chart, we see an area of around 170K. There are projections that see high of nearer 800K though this is optimistic..Not impossible..But optimistic. In the shorter term, we can see how Pa has ranged along the upper trend line Rejection from here is highly likely though on lower Timeframes, there is abil;ity to continue. If wer get rejected, a Srop to 87K is likely to be th eMax Drop in my viewl the the 2.618 fib line, You can see it was tested as support as we crossed over it. So, inconclusion, I think we will see a pull back, most likely in January but then, Pa wil recover well to reach a New ATH in spring. From there, liekly for a cool summer and an end of year grand finale to New ATH NONE of this is FACT. It is My opinion and could be wrong.. But I am working on these assumptions Lets see if they come out or not. Happy New Year everyone
CRYPTO:BTCUSD
by Orriginal
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
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
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
BTCUSD SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARDBTCUSD SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
CRYPTO:BTCUSDLong
by tradergyan01
3
Bitcoin Trading Strategy for 18th November 2024Bitcoin Trading Strategy: Buy Above 91,500 / Sell Below 88,700 Current Price: 90,706.00 USD Key Levels: Buy Signal: If the price closes above 91,500 on the one-hour candle, it indicates an upward momentum, suggesting a good time to consider buying. Sell Signal: If the price closes below 88,700 on the one-hour candle, it suggests a downward momentum, indicating it might be a good time to consider selling. Market Analysis: The current price is around 90,706.00 USD, indicating potential for both bullish and bearish activity based on the key levels. Pay close attention to the range between 88,700 to 91,500 for support and resistance levels. Recommendations: Buy: If the price sustains above 91,500 on the one-hour candle close, consider entering long positions. Book partial profits at 91,300 levels or use a trailing stop loss to protect your profit, with targets at 91,800 and 92,500. Sell: If the price breaks below 88,700 on the one-hour candle close, consider short positions. Book partial profits at 88,900 levels or use a trailing stop loss to protect your profit, with targets at 88,000 and 87,500. Disclaimer: This analysis is for educational purposes only. Please conduct your own analysis before making any trading decisions.
BITSTAMP:BTCUSD
by ramkkyy
Bitcoin Trading Strategy for 15th November 2024 IST 1630 HRSBitcoin Trading Strategy: Buy Above 89,800 / Sell Below 86,600 Current Price: 89,506.00 USD Key Levels: Buy Signal: If the price closes above 89,800 on the one-hour candle, it indicates an upward momentum, suggesting a good time to consider buying. Sell Signal: If the price closes below 86,600 on the one-hour candle, it suggests a downward momentum, indicating it might be a good time to consider selling. Market Analysis: The current price is around 89,506.00 USD, indicating potential bullish activity. Pay close attention to the range between 86,600 to 89,800 for support and resistance levels. Recommendations: Buy: If the price sustains above 89,800 on the one-hour candle close, consider entering long positions. Book partial profits at 89,700 levels or use a trailing stop loss to protect your profit, with targets at 90,000 and 90,500. Sell: If the price breaks below 86,600 on the one-hour candle close, consider short positions. Book partial profits at 86,700 levels or use a trailing stop loss to protect your profit, with targets at 86,000 and 85,500. Disclaimer: This analysis is for educational purposes only. Please conduct your own analysis before making any trading decisions.
BITSTAMP:BTCUSD
by ramkkyy
SWING TRADE IN BITCOIN - TRADE ON SHORT SIDE FOR HUGE PROFITSymbol - BTCUSDT BTCUSDT is currently trading at 68200 My reversal setup has formed in BTCUSDT & I'm seeing a trading opportunity on sell side. Shorting BTCUSDT Futures at CMP 68200 I will add more position if 69000 comes & will hold with SL 70300 Targets I'm expecting are 65920 - 63300 - 60875 Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Short
by akshit_official
3
BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARDBTCUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
CRYPTO:BTCUSDShort
by tradergyan01
A decending triangle patterns showing on BITCOIN A decending triangle patterns showing on BITCOIN A short term 15m tradeing setup showing on BITCOIN Selling setup With a risk reward ratio of 1:10 The setup giving clarity to selling because in longterm it's a Down TREND Also in a pick top lable And forming a DOWN setup So according to the combine results of 15minit 1hour and daily  chat And the short term setup All are of them indicating the same SELLING SETUP Also cryptocurrencies are follows priseaction in a good way Follow for more please don't use more than one percentage of your capital Follows risk reward Tradeing rules And be deceplened Try to be a better trader Love you all❤️
CRYPTO:BTCUSDShort
by tradergyan01
1
BITCOIN SHOWING A GOOD UPWARD MOVE WITH 1:10 RISK REWARD BITCOIN SHOWING A GOOD UPWARD MOVE WITH 1:10 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
CRYPTO:BTCUSDLong
by tradergyan01
1
BTCUSD SHOWING A GOOD UP MOVE WITH 1:6 RISK REWARDBTCUSD SHOWING A GOOD D UP MOVE WITH 1:6 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
CRYPTO:BTCUSDLong
by tradergyan01
1
BTCUSD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD BTCUSD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
CRYPTO:BTCUSDLong
by tradergyan01
1
A decending triangle patterns showing on BITCOIN A decending triangle patterns showing on BITCOIN A short term 15m tradeing setup showing on BITCOIN Selling setup With a risk reward ratio of 1:10 The setup giving clarity to selling because in longterm it's a Down TREND Also in a pick top lable And forming a DOWN setup So according to the combine results of 15minit 1hour and daily  chat And the short term setup All are of them indicating the same SELLING SETUP Also cryptocurrencies are follows priseaction in a good way Follow for more please don't use more than one percentage of your capital Follows risk reward Tradeing rules And be deceplened Try to be a better trader Love you all❤️
CRYPTO:BTCUSDShort
by tradergyan01
1
BTCUSDT: Brewing a Bullish Breakout?BTCUSDT is setting the stage for a potential breakout with a classic rounding bottom pattern on the weekly timeframe. Since March, the pair has been consolidating and recently a significant sell-off is seen from the 70,000 level. This price action suggests the formation of a handle, which often precedes a bullish breakout. Key Levels to Watch: Immediate Support: 50,580 Immediate Resistance: 68,250 If BTCUSDT inches toward completing this pattern, traders should monitor for breakouts beyond these key support and resistance levels. This setup could lead to a significant surge in momentum, so stay alert for any sudden moves! Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Trading cryptocurrencies involves significant risk and may not be suitable for all investors. Always do your own research and consult with a financial advisor before making any trading decisions.
by Stable_Logic