$Bitcoin Daily Chart #BTC Daily The plan is simple now, long everything after shakeout of the multi month structure if it happens.
BTC BUY $57,000-$52,000
Or You will regret it at the end of the Year
BITCOIN trade ideas
buy BTCUSD 57600, SL 57400, TGT58200buy BTCUSD 57600, SL 57400, TGT58200
Why have i given this buy call becuase price retracement 0.23% and make a trend and going to direction in 0.625 % PRICE AND price will may be comes down again 58000
buy BTCUSD 57600, SL 57400, TGT58200
BTCUSD Damaging all the buyers!A number of Mt Gox wallets were involved in two transactions over the last few hours ahead of the pending repayments of $9 billion of bitcoin.
The transactions involved three wallets previously associated with the collapsed exchange, according to Arkham Intelligence. The largest movement was for $24 of bitcoin.
When the Mt Gox funds were last moved with significant size, the funds were predominantly consolidated in three wallets. When this happened, there was $24 left in a wallet that was used as an intermediary at one point. In the last few hours, this small amount of bitcoin was forwarded on to a wallet that then sent funds to Bitbank's hot wallet, according to Arkham labeling. The rest of the bitcoin was sent to a new wallet.
Bitbank is one of the exchanges listed for supporting Mt Gox repayments. The repayments are not being made directly to bitcoin holders. Instead, the trustee is sending funds to five exchanges, namely Kraken, Bitstamp, SBI VC Trade, Bitbank and Bitgo. Each of these exchanges have said they will make the funds accessible to their customers within varying periods of up to 90 days once they are received.
However, since the small amount of bitcoin was not sent from any of the main wallets to the exchange, it's unclear whether this was a test transaction for sending larger amounts.
BUY NIFTY 58000, SL- 57500, TGT- 62000 Why?BUY NIFTY 58000, SL- 57500, TGT- 62000 Why?
Why i said to buy at 58000, the reason is that price is near it's lower low in Weekly and daily chart, and also you can see that at 60,600 , i mentioned 5 arrow see first it. this point bitcoin get 4 times Resistance and generated a liquidity pool or liquidity area, I OBSEVERED CLOSELY when 4 times get rejected at S/R, 5th times its break every times in any time frame.
so, now there is no confusion from us. if you have any query related this, ask me feel free.
Bitcoin Technical Analysis - Bitcoin is currently trading with a very choppy price action.
- Investor's sentiment washout has been done for 2 months where altcoins got nuked and beaten down badly
- What's cooking next, IMO if you are planning to buy every dip that you see then its better that you do not, crypto in terms of Bitcoin and Ethereum has stayed strong but altcoins are making new lows every day so I prefer adding Bitcoin Solana Ethereum instead of alts
- I am going to keep my eyes on 55,000-56,000$ for Bitcoin it might revisit that
- Don't forget aggressive short sellers are going to open more aggressive shorts that might lead to another round of shorts liquidation up to 68,000$
Bitcoin Retraces 60K Mark For Third Time: A Prelude To 56K AheadBitcoin Retraces 60K Mark For Third Time: A Prelude To 56K Ahead?
Bitcoin Price retraced $60K for the third in The last two weeks making it weaker.
The BTC price may crash towards the $56.5K if loses bulls fail to hold near the psychological $60K level.
At the time of writing, Bitcoin was exchanging hands close to $60,670 recording a negative intraday development of 2.66%.
Bitcoin lost traction after suffering close to GETTEX:64K and loomed back towards the psychological level of $60K. The daily chart reveals that BTC price has retraced the $60K level for the third time in a short span of 10 days making it a weaker support.
Moreover, the increased volume inflow points to a rising sellers interest which might be a demotivating scenario for the BTC bulls. Furthermore, there has been an accumulation in the long term holders for the past two months indicating an improved scenario.
Let's club all the data and process them to reach a conclusion where the BTC price may lead from now. Let's try to find out whether BTC may crash towards $56K or take a rebound again towards the $64K.
Bitcoin Sees Accumulation In the Long Term Holders!
The recent price rejection of BTC from GETTEX:64K has added a risk of a breakdown below the $60K level. The multiple retracement of $60K in a very short span of time highlights a strong selling pressure from the upper levels.
Moreover, there has been a notable shift in the volume inflow along with the price drop. The transaction volume has surged by 10% a day to $24.9 Billion. The rising transaction volume points to an increased supply.
Furthermore, As per the data obtained from Glassnode, Despite BTC suffering selling pressure in the last month there has been a net accumulation by long term holders for the first time this year. It might be possible that the long term holders might be accumulating the lows. However, it has not left any positive impact on the BTC price as of now.
BTC Technical Outlook?
From a technical point of view, Bitcoin price suffered rejection from the 20 day Exponential moving average near GETTEX:64K indicating a sellers domination in the short term. The BTC price was currently headed towards the lower side and may slide till the 200 day EMA at $58K if it breaks below $60K.
At the time of writing, the RSI line was placed close to 35.9 points and that of the SMA line was placed at 35.71. Both the lines were placed below the mean and were headed downwards indicating a negative stance. Moreover, a bearish crossover between both the lines was about to happen adding confirmation to it.
What’s Next For BTC: 56K Or 64K?
Bitcoin price recent rejection from GETTEX:64K suggests a potential drop below the $60K mark as the price has made multiple retracements in the last 10 sessions. It suggests an increased seller's dominance. Moreover, the transaction volumes have risen by 10% to $24.9 billion, signaling a supply increase. Despite the sell-off, the long-term holders seemed to accumulate in the last month.
From a technical point of view, Bitcoin's rejection from the 20-day EMA hints at short-term seller control, with a possible decline to the 200-day EMA at $58K if it falls below $60K. The RSI and SMA line were placed below the mean, with an impending bearish crossover, adding to a bearish outlook.
Bitcoin Bybit chart analysis July 2Hello
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Bitcoin 30-minute chart.
There is a Nasdaq index release tonight at 10:30 and 11:00.
Beats are under pressure from the MACD dead cross on the 4-hour chart.
It first touched the lower Bollinger Band and is moving sideways.
There was no short position entry today.
In the case of Tether dominance, it is breaking through a short-term downward pattern.
The combination of the two created today’s strategy.
At the bottom left is a purple finger worth $62,567.
I connected the long position to today’s strategy.
There is no trend and the sideways movement continues.
From an investor's perspective, consider all perspectives from both long and short sides.
I'm dying to even connect it to a strategy.
*Sky blue finger movement path
Two-way neutral
Short->Long switching strategy
1. Short position entry area of $62956.5 / Stop loss when the orange resistance line is broken
2. Long position switching at $62153.5 / Stop loss when the green support line is completely broken away
Or, after touching section 1, stop loss when touching the 6-hour central line of the Bollinger Band.
3. $63594.5 long position primary target -> Top secondary target
For those of you who haven't been able to organize your longs since yesterday and are holding them,
In case of immediate decline from the current position
Likewise, in strategy number 2 above, you can maintain a stop loss in terms of touching the green support line and the 6-hour center line.
From the point of breaking the red resistance line,
Because it is near the central line of the Bollinger Band daily chart.
Please note that adjustments may occur once.
Please keep in mind that my analysis up to this point is merely for reference.
I hope you operate safely with principled trading and stop loss required.
thank you
BTCUSD Prolly signs early inn moves to buyMatrixport Co-Founder Says Crypto Market Mirrors Early June: What This Means
In a recent commentary on X, Daniel Yan, co-founder of Matrixport and CIO at Kryptanium Capital, offered a detailed comparison between the current crypto market dynamics and those observed in early June. His insights are especially relevant as the market approaches several key economic releases that could significantly influence the trajectory of major cryptocurrencies like Bitcoin (BTC) and Solana (SOL).
BUY BTCUSD 62750, SL 62500, TGT-63600Hello traders,
as bitcoin took a support 62500, and in 5m & 15m chart its made a higher high and lower high form and i also found in 30m chart a first dozi and second a bullish engulfing candle form and after 3rd a green candle form. its totally look like a bullish
so, BUY BTCUSD 62750, SL 62500, TGT-63600
Bitcoin Bybit chart analysis July 1Hello
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Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 11pm tonight.
There is a correction just before the Gap 6 retracement at the top.
It is a position with a high possibility of sideways movement.
There are so many branching points.
To put it simply,
Possibility of NASDAQ moving sideways to the right, Tether dominance mid-term pattern broken.
Up to the possibility of upper gap reversal
Currently, Bollinger Band 30+ is maintained at a narrow level.
It looked like there was plenty of time until the next breakaway section, so I tried to attack the gap.
*Red finger movement path
Long position strategy
1. Entering long position at $62567 / When the purple support line is completely broken away
Or stop loss when touching section 1 at the bottom
2. Gap6 primary target -> Top secondary target
Gap6 section is the central line of the Bollinger Band daily chart.
Depending on the situation, there may be strong adjustments.
Check the intermediate wave as indicated.
I think it would be good to see whether or not it finally breaks out of the purple support line.
Please keep in mind that my analysis up to this point is merely for reference.
I hope you operate safely with principled trading and stop loss required.
thank you
Btcusd long position Sustain above 61321 levelBtcusd long position Sustain above 61321 level Upside possible target 62000-62500-63000 invalid 60800
BTC Breaks Free from Downtrend: Next Stop $72KBitcoin Shows Bullish Signs: Breaks Downtrend, RSI Rebounds, Targeting $85K and $90K
Bitcoin has recently displayed strong bullish signals in the market. It formed a bullish divergence and successfully broke its downtrend. The RSI (Relative Strength Index) has bounced back from oversold levels, indicating increasing bullish momentum.
To sustain this upward trend, Bitcoin now needs to surpass key resistance levels at $64,500 and $72,000. If these levels are breached, new targets of $85,000 and $90,000 come into focus, potentially marking significant milestones for BTC's price trajectory.
This combination of technical indicators suggests a bullish outlook for Bitcoin in the near term.
Bitcoin Rebounds from Key Trendline: Is $90K on the Horizon#BTC Bouncing from Key 10-Month Trendline with Weekly Bullish Divergence: Targeting $90K
#Bitcoin (BTC) is currently bouncing off a significant 10-month trendline. The weekly time frame clearly shows a bullish divergence, indicating a strong potential for a substantial upward move. This momentum could propel BTC towards the $90K mark, suggesting a big rally is on the horizon.
#Bitcoin #BTC #Crypto #CryptoTrading #TechnicalAnalysis #BullishDivergence #Trendline #BTCUSD #BTCto90K #CryptoAnalysis #Cryptocurrency #BTCBullRun #CryptoInvesting
Bitcoin Bybit chart analysis June 28Hello
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Bitcoin 30-minute chart.
Nasdaq has an indicator announcement at 9:30.
To summarize briefly and concisely:
Possibility of NASDAQ vertical rise
Bollinger Band 3-hour chart resistance line touched -> uptrend
Bitcoin 12-hour chart MACD golden cross
Accordingly, yesterday in the short->long switching section
Final long position entry section $61431.5
We proceeded with the strategy by connecting the points of view.
It's that guy.
*Red finger movement path
One-way long position strategy
1. Chase buy at $61422.5 / stop loss when the green support line is broken
2. $62672.5 Section 1 (Perfect achieved when target price is reached on the 27th) 1st target
-> Top section secondary target
Afterwards, from Gap to Good to Great over the weekend.
Try dragging it to the top.
Slope to the right until section 1 at the top
Section 2 at the bottom is lateral to the right.
If the bottom seat is lost during the weekend
You can be pushed up to $59,445 in section 3.
Please refer to it
Please note that my analysis is merely for reference.
I hope you operate safely with principled trading and stop loss required.
thank you
BITCOIN SETUP TRADE WIH 1:6 RISK REWARDBITCOIN SETUP TRADE WIH 1:5 RISK REWARD
A good Buying 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 Buying 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
Does BTC has a NORMAL PRICE CHANNEL ?What's a normal price channel ?
I define the normal price channel as a funnel where the price is considered fair or normal, nor overpriced or underpriced.
This channel shows the consolidated growth of a pair. It's a heir of the Bollinger Bands Indicator, which shows if the price is under or overpriced. With this channel we are not focused on the price movements but on the growth of value of the pair, assuming that everything traded not the markets tends to gain value in time.
The boundaries of this channel must be parallel trend lines. The width of the funnel is so constant, not exponential. The starting point of the trend lines are the last maximum or Historic Higher High before the an hyper surge of the price, this can also depends by social-economical factors. The lower band starts from the minimum, the Lowest Lower Low after the the HHH.
This is what I consider Normal Price Channel.
But, does BTC has a NPC ?
Commodities and Fiat can have a normal channel, considering the economic factor and policies adopted by Central Banks and government which lead to an increase of the prices overtime even for cyclical pairs.
Nowadays, cryptos are compared to fiat, "common money" , and commodities. The volatility and media influencing of the crypto market makes most of the tokens too fluid and active to have, for now, a normal channel.
On the other ends, the new legal developments of the past weeks, especially with the institutional approval fo ETFs on bitcoin and Ethereum, bring the consideration of the two main characters of this market, from coin to commodities. This can open a window to set the NPC.
The issue now is about the trend lines starting point. Since the funnel must show the "normal" growth of the price, these points should be set depending on fundamental milestone for the pair or commodity, financial and legal evolutions such as laws and regulations, and social dynamics. The last higher and lower which have set new parameters for the price.
Considering Bitcoin, the upper level should be set on the 2018 peak.
The lower point is the minimum after the HHH, so the crypto winter LL of 2019.
The choice of these points are strongly related with the 2016 halving. It was the last halving before the high hyper bubbles, which makes the last two halvings inapplicable. On the other hand, the 2012 halving is not in line with the period, not applicable due economic and financial dynamics of the last ten years. Setting the 2012 halving as normal price range would create a too narrow channel, useless today.
Setting the correct starting points is crucial. The motivations behind these two points are the followings
• Upper Bound : if set following the HHH so the bubbles of 2021, would be hyper priced and not useful for the analysis. If set before, so the peak in 2013, it would be underpriced and not pertinent with the economic and financial evolution of the time.
• Lower Bound: if set has a minimum before the HH, that LL would be coherent with the period and so useless for the analysis.
Right now, this theory is on draft and on backtesting. The aim is to find a channel where the price can be considered consolidated . The project are open to hear new ideas from anyone
BTC Price Structure Over The 4-H Chart!Looking at the 4-h chart of BTC, the BTC has been following an upward trendline, where the short-term hurdle looks to be at $62,340. The BTC buyers are trying to surge as it approaches the dynamic resistances of 50-day and 200-day EMA bands.
The MACD indicator has shown a bullish cross in the bearish vicinity of the indicator; with the growing histogram at 53.32, it looks clear that BTC is primed to rise in the short term.
Meanwhile, the RSI flashed at 45.07, and it has taken support from 14-SMA. Thus, the curve shows that the price has been recovering from extreme oversold of 20 to the overbough territory.
Therefore, if the price continues to ride the trendline over the 4-H chart, the resistance would be $62341 and $64555. Meanwhile, if the price declines below trendline support, the nearest support could be at $59980 and $59242.
SELL BTCUSD 61100, SL 61500, TGT- 59800Dear Traders,
I draw a Fin Retracement from 61770, because in 1H price was fall down to 60,000, and its took a retracement now near 61000, and 61% is 61100, and 82% is 61400, so, i every time a observed that in down trend price retraced at 61% and surely 100% it will go down, SL will be 61500 if some how it goes at 61400 than our sell will be not hit
Second thing: i have given last update and i already mentioned there that price was Fib Retracement was 62200, and price comes down at 61400 but it went up again at 62100 it was Fib Ret of 61%, and entire day it was slowly comes down at 60,000 so, friends and traders, Bitcoin trading is very easy and simple only follow this rules, and i will also update with regular basis
Bitcoin Bybit chart analysis June 27Hello
It's a Bitcoinguide.
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You can receive comment notifications on real-time travel routes and major sections.
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Please would like one booster button at the bottom.
Bitcoin 30-minute chart.
There will be an announcement of Nasdaq indicators at 9:30 a.m.
Beats were pushed to the support line on the Bollinger Band 2-hour chart today.
Because there was no central line touch for 6 hours.
Vertical rise is incorrect.
Also, the NASDAQ variable is also a problem.
On Nasdaq, there is no vertical decline, only a sideways movement.
Even in tether dominance, the medium-term pattern is broken.
All you have to do is hold on and not break away.
purple finger on the left
Conditions for maintaining long position at $60,709 in section 1 yesterday
I just connected it to the strategy.
Stop loss when the green support line breaks this week.
There are probably people holding long positions.
Without changing my perspective, I will die with you even if I die, and I will live with you even if I live.
*Sky blue finger movement path
Two-way neutral
Short -> Long switching strategy
1. Short position entry zone at $61,708 / Stop loss when the red resistance line is broken
2. Long position switching at $61072 / Stop loss when the green support line breaks away
Number 1 at the top is an upward sloping market, and number 2 is a downward sloping sideways market.
You can touch section 1 directly from your current position.
Adjustments will occur once.
Instead, please note that the long position switching section may change.
The current position is the Bollinger Band resistance line on the 1-hour chart.
Because it is a short position operation period after touch.
If it falls immediately,
You can look at Bottom -> Section 3 at the bottom.
For those who went short near the pink resistance line:
When it breaks through the pink and orange resistance lines, you can view it as a stop loss, right?
My analysis up to this point is
Please simply refer to it and use it.
Please give us a lot of support even in the boring sideways market.
Thank you for participating.
Fighting today too.
BITCOIN SETUP TRADE WIH 1:5 RISK REWARDBITCOIN 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
BITCOIN 100K - Are you ready?BITCOIN is ready to obliterate greedy buyers and exchange hands. Are you prepared?
BITCOIN SETUP TRADE WIH 1:5 RISK REWARDBITCOIN SETUP TRADE WIH 1:5 RISK REWARD
A good Buying 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 Buying 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
SELL BTCUSD 61700/800, SL 62000, TGT-60600/59000SELL BTCUSD 61700/800, SL 62000, TGT-60600/59000
Now price goes up and retest at 61% at 62200, made CHOCH at 61600 and also made a BLOCK ORDER at 61800, so if resistace sustained at 62000 than price will be go down at 60700/600
and if price break it than it will be go down its lower may be 59000 becuase today is Friday
