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BTCUSDTPERP

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
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
BTCUSD SHOWING A GOOD D UP MOVE WITH 1:7 RISK REWARDBTCUSD SHOWING A GOOD UP MOVE WITH 1:7 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
BTCUSD SHOWING A GOOD UPWARD MOVE WITH 1:10 RISK REWARDBTCUSD 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 TAKE CARE
CRYPTO:BTCUSDLong
by tradergyan01
1
BTC LongI was shorting BTC from 70k. You can check my previous posts. Now, we might see a change in trend. The CME Gap will be filled at 64210, where I plan to close 80% of the short position and initiate buying orders. The levels to watch include 64210, 63411, and 61051. As for the stop-loss, it's undetermined at this stage, and I'll provide updates upon closing my positions. While this move is expected, there's a possibility of further downside, so trade cautiously and at your own risk.
CME:BTC1!Long
by Rushilism