Reaching at 34KBitcoin is forming corrective formation for a movement to the downside expecting target to reach at 34K
BITCOIN trade ideas
Bitcoin strategy interested readHi, as we predicted bit coin has started to go up now. You can watch the same and use the signals provided by the strategy to trade for yourself. See for yourself and decide if you want to follow is not. Link
Bitcoin LTF Chart Analysis#BITCOIN LTF Bearish Update:
CRYPTOCAP:BTC Currently Trading in Bearish as per Fractals.
If this Bearish Fractals work then Next Stop will be at $36800
Current Sequence According This Fractals:
$40800 ➡️ $36800 ➡️ $38800 ➡️ $35000
Note: LTF Fractals Invalidated if #BTCUSDT 2H candle Closed above $41000
Movement to the downsideBTCUSD is forming a movement to the downside after forming ascending channel & has forming correction for a movement to the downside.
BTC Eliot Wave MasterplanLong-term Elliot Wave:
Wave I: 15k-52k: We haven't even finished wave I yet LOL
Wave II: 52k-26k: The Before Halving Dump.
Wave III: 26k-72k: The BULL MARKET started.
Wave IV: 72k-50k: Correction in Bull
Wave V: 50k-...: BULL Market Top Discovery
Medium-term Elliot Wave:
In Wave I:
Wave I.1: 15.4k-31.3k - Impulsive 5 small waves: 15.3k-18.6k (1) -> 16.4k (2) -> 24.2k (3) -> 19.7k (4) -> 31k (5).
Wave I.2: 31.3k-25k - Correction 3 waves: 31k-24.5k (a) -> 31.8k (b) -> 25k (c)
Wave I.3: 25k-48.9k - Impulsive 5 wave: 24.5k-28.8k (1) -> 26.4k (2) -> 44.8k (3) -> 40.4k (4) -> 48.9k (5).
Wave I.4: 48.9k-34.6k - Correction 3 waves (We are here): 48.9k -> 36.8k (a) -> 42.8k (b) -> 34k (c)
Wave I.5: 34.6k-52k - Impulsive wave. (Going here to create bearish Div on weekly).
Complete Wave I
Clear rejection from 40240 in BTClets see where this market go as it has shown a clear rejection from the level
Bitcoins two futures Possible Projections If this clear Head and shoulder forms then Head Target also comes down to 240k. Also the Fibonacci Also indicates exactly 240k at 4.236 and 150k comes Around 2.618.
I know 240k Target seems too big but if this one is super cycle and All the institutions and heege funds like BlackRock comes 7-8 Trillion market cap is Difficult for sure but it's not Impossible.
Bitcoin will take 3.8T at 240k and 2.3T at 150k
Bitcoin Ready for $30700 ?#Bitcoin Fresh Update:
CRYPTOCAP:BTC Ready for Another -25% Dump if $41600 Level not Breakout upward Side.
I am Planning to Buy More #BTC around $30,000
I'm Short Term Bearish & Long Term Bullish.
BITCOIN :- Resistance, Testing, and short Key Points:
Bitcoin currently hovers around $40,900, sitting on the lower edge of a sideways trading channel.
A confirmed channel break with strong volume could lead to a retest of $30,391 (previous breakout level).
Wait for price action to consolidate and confirm support at $30,400 before considering long positions.
Technical Analysis:
The price resides at the channel's support zone, testing its validity.
A breakdown through $40,900 with increasing volume signifies bearish continuation.
The RSI remains neutral, offering inconclusive momentum signals.
Strategy:
Neutral:
Observe price action at $40,900.
If a clean break with volume occurs, wait for confirmation of support at $30,400 before entering long positions.
Alternatively, a bounce off $40,900 with rising volume could indicate a potential trend reversal, warranting further observation.
Risk Management:
Prioritize risk management with well-placed stop-loss orders.
Adjust your strategy based on confirmed price action and volume patterns.
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice.
Conduct your own thorough research before making any investment decisions
bitcoin trade analysisbitcoin can go to 38 to 39 k range to liquidate to clear the the long and then it can take a pump to liquidate all the shorts as short are increasing huge till 43800$ and when price reach at that price point then it can liquidate 1billion dollar of shorts . whales will have more profit by liquidating shorts more than longs. Well this thing could be played in upcoming weeks
BTC BTC EVERYWHEREBitcoin (BTC) prices have exhibited significant volatility. Prices are influenced by factors such as market demand, regulatory developments, macroeconomic trends, and investor sentiment. It's essential to check the latest market information for the most accurate and up to date BTC price. Visit reliable financial news websites or cryptocurrency exchanges for the current BTC price, trends, and analysis. Keep in mind that the cryptocurrency market is highly dynamic, and prices can change rapidly.
Grayscale sold above 60,000 BTC while other Bitcoin ETF issuers have purchased over 72,000 BTC.
Grayscale’s Bitcoin sale is unlikely to have driven the BTC price lower.
Profit-taking by large wallet investors and traders is likely the catalyst for the increasing selling pressure and BTC price drop.
The profit-taking spikes coincided with the large volume transactions valued at $100,000 and higher.
BTC
Bitcoin network realized profit/ loss and whale transactions.
Between January 7 and 21, BTC on exchanges climbed from 5.34% to 5.40%. The rising supply on exchanges is typically considered as a factor that drives asset prices lower.
BTC
Bitcoin supply on exchanges and price.
The expert dismissed the narrative that Grayscale’s Bitcoin sale is driving down prices, explaining that while Grayscale sold 60,000 BTC, other issuers acquired nearly 72,000 BTC. This is likely to have tackled the selling pressure from the former’s sale. Demand for the asset has likely increased with institutions lining up to acquire BTC, post SEC’s ETF approval.
LONG ON BTC- from 40687, Due to accumulation of H&S PatternWe are looking to Buy BTC/USD from 40687 for a target of 44167 in a medium term range for a Leg Up Completion. Gold is also bearish, this will help market put more demand on Cryptos. Stops should be below 39500. Wish you a best of luck and happy Monday
BTC future projection possibilities BTC makes correction everytime before halving so this must be one while making the perfect Head and shoulders which if goes as i planned the price would be close 150k per btc which is not that difficult if youo know.
#btc #crypto #analysis
Bitcoin BTCUSD after profit booking ready for 50000 and 60000 agOn 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
BITCOIN 2024 FUTURE PLANUnlocking the Potential: Dive into my comprehensive analysis of the BTC/USD market, anticipating a strategic entry point within the FWB:25K -$28k range in the next 12 months, coinciding with the weekly accumulation zone. As we approach the halving, my analysis indicates a bullish surge beyond all-time highs, setting the stage for Bitcoin to reach an impressive $70k-$75k per coin. This meticulously crafted roadmap provides insights into potential profit opportunities, making it a must-read for investors seeking to capitalize on what could be the decade's most lucrative moment in the crypto space. Join the conversation and stay ahead of the curve by exploring the data-backed projections and strategic moves outlined in this analysis. Your financial future may just thank you for it."
BITCOIN CRASHI believe crypto is the future, but bitcoin give me chills. It's really showing a zero crash. This month is just a beginning of something huge. This changes my whole beliefs about the mother coin, I hope and wish that my analysis are wrong. Lets Download Success.
Movement to the downsideBitcoin is looking for short after forming ascending channel & has strong impulsive movement to the downside. Expecting target to reach at 35K.
BITCOIN REVEISED DAILY CHART 19/01/202024As we have broken the low of 41306 0n 29 Dec 2023. We have to shift our base to low of 40181 on 11 Dec 2024. The level to watch is 41289 for recovery. Upside level to watch for further momentum is 42398. The low of 41306 is the watched on downside. Else range expansion on downside may continue and then we may again need to shift the base.
Squaring the ATH gives an important resistance at 51750. Recent high is 49048. Magic level was 49049.Below 51750 we have 43125 to watch.
Squaring the recent high gives the level of 42917 and then 36786 level. Midpoint o this 2 levels is 39851.50. Recent low is 40600 on 18 Jan 2024. For further growth it needs to stay above 41868.75.
Happy Trading !!!
N.B. Npt an Trading Advice. With all usual disclaimers applicable on this eautifl platform.
Cool ChartI like this chart. It has a Fib Retracement drawing. I dk, maybe like 3-5 months of more pain. Halvening is coming up. It won't have that much of an effect on price, will it? Short term bearish. Long term bullish.
BTCSD HOURLY GANN LEVELS FOLLOW UP CHART 18/01/2024 15:16 ISTBTCSD had a swing low at 41509 on 13 Jan 2024 at 3:00 om IST. It was nearly double bottom on the scrip. Thereon we are strggling to move above the level of 43353 which is one-forth of the range marked on chart.
Momentum can be seen above 43353 only. Magic Level to watch is 43334.
Happy Trading !!!
btcusd short term analysishere i made some analysis for btcusd, marked important zones which can be uselful for follow price action, for educational purpose.
Is BTC getting ready to short?It seems like BTC buyers are not happy with the current price... so a good discount is expected in the coming weeks. Before that a retest of previous resistance is expected...
Hope they(😊) make my move come true 🙂👍
Bitcoin Buying ZonesHey Guys,
Bitcoin has got rejection from 48k, has not retested the 31k resistance even once, so it may be able to retest 31k once, and that will be the best buying zone for the long term. Enjoy..!!
I am not Financial Advisor, This is my Opinion i am some guy on the internet...!!
