Get started
BitcoinBitcoinBitcoin

Bitcoin

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals Markets

BITCOIN trade ideas

The bearish perspective is further supportedBitcoin's price trajectory has recently taken a downward turn, by breaching the key support levels and forming a rising wedge pattern. This bearish pattern emerged as the price stabilized at the higher levels, which followed a period of steady gains. However, the latest market structure shows a clear breakdown from the wedge in 4-H TF, marked by a series of strong bearish candles and the formation of a new lower low structure, which is hinting towards the change in the investors sentiment towards the pessimism. This pattern suggests an increased probability of further declines in Bitcoin's price in the coming sessions, this signaling that investors might brace for the possibility of a continued downtrend in the near future. On the technical front, the 50-day and 200-day Exponential Moving Averages's on the 4-hour chart of Bitcoin have exhibited a golden crossover, which is generally considered a bullish indicator. Despite this, the price of Bitcoin has fallen beneath the 200-day EMA, which is a sign that the bullish trend is waning. The bearish perspective is further supported by the Moving Average Convergence Divergence indicator, which has presented a new sell signal following a bearish crossover with its signal line, with both lines trending downwards. Moreover, the RSI is showing a decrease in bullish momentum and a rise in bearish pressure, with a current reading of 41.44. This highlights oversold market conditions, which is corroborated by the RSI's descent below the 14-day Simple Moving Average.
BITSTAMP:BTCUSDShort
by Sam_TCR
Bitcoin Bybit chart analysis June 17Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. There is no Nasdaq indicator announcement today. Nasdaq is hitting new highs. The beat continues to fall to the right. As additional weekly and daily candles were created today, The best short position was revealed, I'm still adjusting it. Last week, in CPI and FOMC strategies Long -> Short -> Long If you were holding on by connecting a long position at the end Starting today, we will take a new position. Section 3 at the bottom is ahead of this week's final adjustment of $63,734. In a slightly dangerous place I came with a two-way neutral strategy. *Sky blue finger movement path Two-way neutral strategy It is a long -> short switching strategy. 1. $65,507 long position entry zone / stop loss when breaking out of the light blue support line 2. Short position switching at $67739.5 / Stop loss when the red resistance line is broken After breaking out of the light blue support line, If you twist it, you can connect directly to section 3. For those who are waiting long Individually, you need to make good use of your stop loss. Centered around the gap section of $65,755.5 at the bottom Green support line / Orange resistance line up to section 1 A polar lateral protection may be connected. If it breaks out of the light blue support line This week, section 3 is at $63,734. I think it would be convenient to think of it as the final battle. Please note that my analysis up to this point is merely for reference and use. I hope you operate safely with principled trading and stop loss required. thank you
BYBIT:BTCUSD.P
by BitCoinGuide
Bitcoin Bybit chart analysis June 14Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. Originally, the beat should have been released yesterday. It continues to be coupled with Nasdaq only in major sections. Although it is disadvantageous 12 days not 67010.5 dollars Entered yesterday on the 13th The $67367.5 Purple Finger long position strategy was connected as is. Please refer to the Nasdaq indicator announcement at 12 o'clock. When viewed from the beat and tether dominance movement It is true that the beat is rising, but Today, there may be an adjustment in Nasdaq. I thought about it In CPI + FOMC strategy Everything was perfect, but perfect until the end is so difficult to achieve. I think sideways movement is the most difficult. It is moving sideways at a similar position to the entry price on the 12th. I will die with my long position comrades. *Red finger movement path Long position strategy 1. $66616 long position entry zone / stop loss when breaking out of the light blue support line (I thought there would be some controversy in the case of sideways movement, so I took some time to spare.) 2. $68842.5 long position primary target -> Top secondary target From the point of breaking the pink resistance line at the top, There may be an upward trend At the bottom is section 1 / yesterday's section 2. Breaking out of the light blue support line can lead directly to a downward trend. You need to be careful Nasdaq is always a problem. haha Please note that my analysis up to this point is merely for reference and use. I hope you operate safely with principled trading and stop loss required. thank you
BYBIT:BTCUSD.PLong
by BitCoinGuide
BPI For Bitcoin Gains Momentum, But The BTC Price Fails To Take Bitcoin has a market cap of $1.3 trillion and is currently 1st in the cryptoverse. Bitcoin’s 93.87% of the total BTC supply is currently circulating in the market. BTC is currently trading near the value of $66238 with a loss of 0.89% in the past 24 hours and 4.54% loss in the past seven days. BTC is currently forming weak bearish candles on the daily chart. It is trading below the 50 and 100 EMA. The upside trend of BTC price can see a halt near the value of $70k while the support for the price can be seen near $65k. The RSI of BTC is currently near 43 suggesting its presence in the neutral zone. The overall sentiment of the RSI is bearish in nature.
BITFINEX:BTCUSD
by Ritika_TCR
until it obeys the trendline supportAt press time, the BTC traded at $66167, with an intraday rise of 0.24%. The Bitcoin (BTC) indicators tools are fuzzy due to the consolidation witnessed in the last three months. 200-day EMA is on the bullish side, but 50-day EMA, MACD, and RSI are bearish. Therefore, until it obeys the trendline support, it looks safe and could go $70033 and $73,643. However, if it breaks the trendline since overall sentiment appears bearish, the price could hit near support levels of $60278 and $56393.
COINBASE:BTCUSDShort
by Sam_TCR
Bitcoin Price Halts Near $67K: More Correction On the Cards?Bitcoin Price Halts Near FWB:67K : More Correction On the Cards? Bitcoin found itself struggling in a range with $72K as the resistance zone and FWB:67K as the support zone. The key reason for Bitcoin struggling can be attributed to post-halving capitulation by BTC miners. Bitcoin has suffered rejection from the upper supply of $72K and has slipped near the FWB:67K for the second time this month. The BTC price has found itself stuck in the range formed and has been struggling to find a clear direction. At the time of writing, the Bitcoin price seemed to be stabilizing near the lower boundary, recording a swift intraday gain of 0.61%. Bitcoin leads the cryptocurrency market with a 54% dominance and 1.32 Trillion market capitalization. Some analysts are attributing this Bitcoin price struggle as the post halving capitulation by the BTC miners. Let's analyze it in detail and try to understand what is preventing the BTC price from rising towards new highs. Why is Bitcoin Price Struggling? Despite the positive trend in the equity markets, Bitcoin is struggling to gain any significant upward traction this month. This lack of momentum in BTC price can largely be traced back to the effects of the recent halving event that happened in April. Moreover, The halving has led to a situation where miners are facing increased operational costs while the rewards for their efforts have decreased. As a result, many miners are forced to sell their BTC holdings to cover expenses, leading to a substantial increase in the supply of BTC in the market. Marathon Digital, the largest #Bitcoin mining company, sold 1K CRYPTOCAP:BTC yesterday, likely to cover expenses, marking the highest daily OTC volume since late March.h/t @jjcmoreno pic.twitter.com/jM2C2TN8sN— Ki Young Ju (@ki_young_ju) June 11, 2024 Recently, Marathon Digital which is the largest Bitcoin mining company sold 1K Bitcoins, likely to cover their expenses. The selloff marked the highest daily OTC transaction volume since late March. What’s Next For Bitcoin? In the recent sessions, Bitcoin has found itself stuck in a range of $72K to $67K. the BTC price is unable to decide a clear momentum as of now. The $72K level has been acting as a strong hurdle for the bulls to surpass. Few analysts are anticipating the formation of a local top while others are foreseeing it as a buy on dip opportunity before the price lifts off. Currently, the BTC price may maintain its consolidation until it is stuck in the range. Now, a breakout or breakdown may indicate a clear direction. The breakout above the $72K may push the price towards the record highs. whereas, the breakdown below may validate the local top formation may price may correct more. Conclusion. Bitcoin price is oscillating between FWB:67K (support) and $72K (resistance) and has been unable to find a clear trend as of now. The recent halving event in April has increased miners' operational costs and decreased rewards causing them to sell BTC which has resulted in an increased supply. Marathon Digital's sale of 1K Bitcoins exemplifies this pressure. Moreover, the analysts are split, with some seeing a potential local top while others viewing it as a buying opportunity. The market awaits a decisive move: a breakout above $72K could signal a new high, while a drop below FWB:67K might suggest further corrections. Disclaimer The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
BINANCE:BTCUSDLong
by Ritika_TCR
Bitcoin Bybit chart analysis June 13Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. There will be two Nasdaq indicator announcements at 9:30 a.m. After leaving a lifeline behind Yesterday’s long position switching section Purple Finger is maintaining $67010.5. I think it would be too complicated if I explained the strategy in detail. We will simply go long and die together. *Red finger movement path Long position strategy 1. $67367.5 long position entry area / stop loss when breaking away from the purple support line 2. $69,794 1st target -> Good 2nd target Number 1 at the top is an upward lateral movement. Starting from number 2 at the bottom is the danger zone. After the Bollinger Band touched down today There has been no time to enter a short position yet. After a downward wave, when it falls to the bottom You can continue to connect up to section 3 at the bottom. Those operating long positions should be careful. Please note that my analysis up to this point is merely for reference and use. I hope you operate safely with principled trading and stop loss required. thank you
BYBIT:BTCUSD.PLong
by BitCoinGuide
Bitcoin price loses correlation with the stock market On 17 MayOn 17 May, Bloomberg that the price of Bitcoin is at a high level of correlation with the shares of technology companies. At the time, it was suggested that the main cryptocurrency was perceived as a growth asset, fuelled by: → the launch of Bitcoin ETFs; → expectation of Fed rate cuts. But here was yesterday's Fed meeting, where the intention to cut the rate 1 or 2 (if inflation slows down more actively) times before the end of the year was announced. And with that, the Nasdaq 100 index of tech stocks rose to an all-time record of over 19,500 points. Bitcoin's price, on the other hand, is acting less confidently. As the BTC/USD chart shows: → amid yesterday's news of declining inflation, the Bitcoin exchange rate jumped about 3% in 2 hours; → and today the price has returned to the levels before the news was released. What's more - it's gone lower. This is a bearish sign. According to a technical analysis of the Bitcoin to US dollar chart: → the price has been oscillating for a long time along the median of the expanding fan, which originates back in November 2023; → each time the price deviated from the rising median, it returned to it (as indicated by the arrows) - thus showing that the consensus of market participants regarding the bullish outlook was stable. Now the situation is changing: → having deviated down from the median, the price is having trouble getting back up (as shown by today's decline under the start of yesterday's upswing); → the psychological level of $70k is providing resistance; → the descending channel (shown in yellow) is becoming more apparent. This could mean that the consensus is crumbling and there is a shortage of buyers in the market willing to pay more than $70k for the coin. The inability of the Bitcoin price to perform as strongly as the Nasdaq 100 index going forward will support this thesis. I expect a decline to the 1st support line below the median.
BINANCE:BTCUSDShort
by fintechzoom
1
Bitcoin Bybit chart analysis June 12Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. The CPI indicator will be announced shortly at 9:30 AM. There are two issues with the FOMC US interest rate announcement at 3 am. I think I just looked at charts all day today. Because the strategy is too broad It's difficult to explain in detail, but From Nasdaq to Tether dominance I created today's strategy based on time zone fluctuations. Also, at the bottom left Purple Finger $66795.5 was entered yesterday, June 11th. This is the entry section for a long position, and it is connected to today’s strategy. *Sky blue finger movement path Two-way neutral Long -> Short -> Long switching strategy 1. Chase buy at $67760 / Stop loss when the green support line is broken 2. Short position entry zone of $69,429 / Stop loss price when breaking the pink resistance line 3. Long position switching at $68,700 / Stop loss when the purple support line is broken. Long position targets are listed in order at the top. Top section $69,900 1st -> Good 2nd -> Great 3rd This is an important indicator announcement, so the reason for pursuing a catch-up purchase strategy is After difficult analysis This is because you may miss the entry point. Rather than aiming both ways, I think it would be better to focus on returning long positions. Section 1 at the bottom slopes upward to the right. Section 2 may be extremely lateral. There is a possibility of further decline after tomorrow. Please note that my analysis up to this point is merely for reference and use. I hope you operate safely with principled trading and stop loss required. thank you
BYBIT:BTCUSD.P
by BitCoinGuide
Bitcoin BTCUSD buy given at 67500 hold buy trade Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hit
COINBASE:BTCUSD
by JaiPrakashShuklaHarmonicTrader
Bitcoin Price Slips Near $66K Amid Fed Rate Decision: What's NexBitcoin Price Slips Near $66K Amid Fed Rate Decision: What's Next Bitcoin Price declined over 3.32% yesterday, retracing the $66,000 Mark. The price drop seemed to be largely constrained by the anticipation of Federal Reserve data and key inflation data. Bitcoin price fell sharply yesterday, retracing the $66,000 Mark again this month. This downturn in the broader cryptocurrency market appears to be influenced by the anticipation of an upcoming Federal Reserve meeting and the release of crucial inflation data set to be released today. Bitcoin witnessed wild swings in the recent sessions rising from FWB:67K in the beginning of this month to a $72K and again falling back to $66K. While the long term trend still points to the bullish side, some analysts anticipate the formation of a local top near the $72K level. Let's analyze how BTC could react to this event and where the price may lead. Can Bitcoin Recover Like Earlier After the Event? A user on X (Twitter) back tested the price movements in this year before and after the FOMC and found that the BTC experienced a price dump before the event and has recovered it quickly post the event. this is a scam dump.there have been 4 FOMC's in 2024every single one of them had the same scam dumpBTC dumped 10% in the 48 hours before all of them on FOMC day it recovered the entire movethe market always prices in overly bearish statements, then reverses pic.twitter.com/oFa801csND— gumshoe (@0xGumshoe) June 11, 2024 In his tweet, gumshoe mentioned that there have been 4 FOMC's in 2024. Bitcoin price dropped nearly 10% just a day or so before the event. However, on FOMC day it covered the entire move. He named it a scam dump as the BTC price fell before the event, manipulating the short term traders and then recovered back. Bitcoin Price Retraces 50-Day EMA Over 1-D Timeframe Bitcoin seemed to be stabilizing near the 50 day Exponential moving average after a sharp crash yesterday. The long term trend outlook still lies on the bullish side which may attract the investors at the discounted price. Moreover, the key EMA of 50 days may act as a dynamic support and try to prevent further downfall. the short term trend points to be range bound with the $66K as the support and $72K as the resistance. Now, until the BTC hovers in the range it may continue to remain in a short term sideways trend. The breakout or breakdown of the range may indicate a clear trend. Conclusion. Bitcoin price dropped yesterday, revisiting the $66,000 mark amid expectations of a Federal Reserve meeting and key inflation data. Despite the recent price correction, the long-term outlook seemed to be bullish. A Twitter analysis suggests a pattern of pre-FOMC price drops followed by quick recoveries. Currently, Bitcoin is hovering near the 50-day EMA, which could serve as support. the short term trend outlook suggests a range-bound between $66K and $72K. A decisive break from this range will likely set the next clear trend. Disclaimer The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
BINANCE:BTCUSDLong
by Ritika_TCR
Bitcoin Bybit chart analysis June 11Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. Tomorrow is the day when the CPI meets on Wednesday evening and the FOMC meets on Thursday morning. There is no separate indicator announcement from NASDAQ today. The beat alone continues to decline. In the long run, Bitcoin is on the rise, but From a mid-term perspective, just the two of us with Tether Dominance An endless power struggle continues. It seems like the direction will be decided tomorrow rather than today. The section where the rising pattern breaks in tether dominance and Based on the recovery of Bitcoin's medium-term pattern I created today's strategy. *Sky blue finger movement path Two-way neutral Short -> Long switching strategy 1. Short position entry area of ​​$67907.5 / Stop loss when the pink resistance line is broken 2. Long position switching at $66795.5 / Stop loss when the green support line breaks away 3. $68,700 long position primary target -> Top secondary target After a vertical decline in an ambiguous position on the Bollinger Band 6-hour chart There was no clear short position entry point. You can operate as a short->long or long position waiting strategy. If you touch the bottom first, the green support line is $66795.5. The long waiting period can be in contact with the Bollinger Band daily chart support line. It becomes a seat. In that case, it is directly connected to the downward trend line. Bottom -> You can deviate significantly from section 1. You must be careful. Today I shook it moderately. After connecting after tomorrow, from CPI I think we need to come up with a new strategy. It's hard to explain, but as I left a comment, For beginners or those who only operate spot exchanges, I think it would be a good idea to run it after CPI and FOMC. Please note that my analysis up to this point is merely for reference and use. I hope you operate safely with principled trading and stop loss required. thank you
BYBIT:BTCUSD.P
by BitCoinGuide
Bitcoin Bybit chart analysis June 10Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. There is no Nasdaq index release today. Beat is after touching the support/resistance line on the 3-hour chart. It's going sideways. This week's CPI and US interest rate announcements seem to be a very important period. Based on Nasdaq's upward-sloping protection Based on tether dominance We competed in the 1+4 rebound section. *Sky blue finger movement path Two-way neutral Short -> Long switching strategy 1. Short position entry area of ​​$69710.5 / Stop loss when the orange resistance line is broken 2. Long position switching at $69328.5 / Stop loss when the green support line breaks away 3. $70461.5 long position primary target -> Top secondary target In short->long switching The cost-effectiveness is not very good. I created a strategy based on intermediate waves. If the adjustment is strong at 69.7K at the top, Section 1 at the bottom (sideways to the right) -> can be pushed to the bottom. please note. Also, for those who are currently entering a long position, Breaking out of the green support line can be dangerous. You must keep your stop loss. After reaching the first target Once the orange resistance line is broken, you can shoot straight upward. Watch me. There is a high possibility of sideways movement, and Nasdaq variables may appear. I hope you operate safely with stop loss required + principled trading. thank you
BYBIT:BTCUSD.P
by BitCoinGuide
3