Bitcoin Price Surge: $62k to $70k Target for Next WeekBitcoin is showing strong bullish momentum, aiming for a breakout above $62,000, with potential to reach $70,000 in the coming week. Key indicators like RSI and MACD support upward movement, with BTC reclaiming critical support levels. A breakout from the current consolidation phase suggests that institutional interest and increasing market adoption are driving the next rally.Longby sushilrawatUpdated 221
Bitcoin Price Shows Stability, Despite Recent Whales Movement Despite the uptick in whale activity, Bitcoin's price remains relatively stable. A daily chart analysis reveals that Bitcoin closed the last trading session at around $60,459, experiencing a 3.50% decline. However, the current session shows a slight improvement, with Bitcoin trading at approximately $60,747, marking a modest increase of 0.35%. The ongoing accumulation by Bitcoin whales this week is a promising indicator that could soon lead to a positive price trend. As these large holders become more active and long-held BTC re-enters circulation, the market may be gearing up for a shift. Although the price hasn't seen a significant rise yet, the renewed interest from major holders suggests that the market could soon gain more positive momentum.Longby Sam_TCR0
Bitcoin Bybit chart analysis October 8 Hello 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. This is the Bitcoin 30-minute chart. There is no Nasdaq indicator announcement. It is rebounding while the mid-term pattern is broken, and the Bitcoin pattern is also broken, but when compared to Tether Dominance, In terms of candles, Bitcoin is touching the center line of the 6-hour Bollinger Band chart alone. Tether Dominance is touching the center line of the daily chart alone. When looking at it in the long term, I interpreted the influence of Tether Dominance to be greater. In terms of signals, the 12-hour chart MACD golden cross is imprinted. If there is no Nasdaq variable, I judged that the conditions are difficult, but it is worth a try. In the analysis article on October 7, I connected the strategy with the condition of maintaining a long position after the purple finger gap of $62,377 *When the blue finger moves Two-way neutral strategy 1. 62,708.5 dollars short position entry section / stop loss price when breaking through the pink resistance line 2. 62,130.5 dollars long position switching / stop loss price when breaking through the green support line 3. 63,789.5 dollars short position switching / stop loss price when breaking through the red resistance line As a condition for the strategy to succeed, If the purple support line is maintained cleanly, You can try switching long positions at around 62,708.5 dollars on the right blue finger. 1st section at the top Movement within the orange resistance line is a sideways movement If it falls immediately from the current position Or the maximum possible position for long switching is 2nd section at the bottom. I think it would be good to look at it as a rough sideways movement. Bottom is the 4-hour chart support line -> 60916.5 dollars is the 6-hour chart support line. Up to this point, I ask that you simply use my analysis for reference and use only I hope that you operate safely with principle trading and stop loss prices. I will see you on Thursday after the holiday tomorrow. Thank you. by BitCoinGuideUpdated 2
BTCUSDThe Head & Shoulders pattern is a popular chart formation used in technical analysis to signal a potential trend reversal. It consists of three peaks: a central, higher peak (the "head") flanked by two lower peaks (the "shoulders"). The pattern typically forms after an upward trend, suggesting a possible shift from bullish to bearish sentiment. The key element is the "neckline," which connects the two troughs between the head and shoulders. When the price breaks below this neckline after forming the second shoulder, it often indicates a bearish reversal. The pattern's inverse, known as an "Inverse Head & Shoulders," signals a potential bullish reversal. Traders view this pattern as a reliable indicator of market sentiment shifts, though it should be confirmed with other technical indicators for more accuracy. Resistance = 62495, Support = 60035. Shortby FinanciallyFreedomTrader24
BTC Live Trade! Live BTC Trade Analysis: At this moment, BTC is trading just above a critical level, as indicated by the short line on the chart. This level likely represents a key support zone that BTC has respected in recent price action. Traders are carefully watching this area to assess the next potential move. Given the market dynamics, if BTC continues to hold above this line, it could signal strength and a possible bounce higher, allowing for a buying opportunity with a tight stop-loss just below the level. On the flip side, if BTC breaks down and closes below this support, it could trigger further selling pressure, confirming a bearish trend continuation. The risk-to-reward ratio becomes crucial here. For a bullish setup, entry around the support level with an initial target near the next resistance and a stop-loss slightly below the current line would provide an optimal setup. However, if the breakdown occurs, traders might consider entering a short position after a retest of the line, with the expectation of further downside movement. Patience and monitoring volume near this level will be key for the next trade decision. Longby XTrap_0002277
A decending triangle patterns showing on BITCOIN 1:10 RRA 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❤️Shortby tradergyan015
BITCOIN LONG 67k!!!!!!!!!!Price rejecting from weekly fvg Price already taken fvg in daily timeframe So there is no resistance in up side until 67k make your strategy so simple to trade simple Learn it and do it.Longby tradbooker0
bitcoin showing some bearish signsif we see CRYPTOCAP:BTC lost its uptrend and also rsi clearly shows bearish divergence. lets expect some correction around 60000$ and 57500$Shortby crypto_vulture_signals1
BtcusdHi,I m milind gawde,my prediction is on the last candles goes down,so pl stay strictly down side of btcusd, 🙏 Shortby visibleTortois63024111
BTCUSD 15M OUTLOOKTo execute that trading strategy, you would need to place buy orders for Bitcoin at the current market price, set a take profit order at 50% of your position at $62,783, and a full take profit at $63,440. Make sure to monitor the market for any fluctuations that could impact your strategy. Always consider using stop-loss orders to manage risk.Longby BLUECAPITALTRADERS5
Bitcoin Bybit chart analysis October 7 Hello 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. This is the Bitcoin 30-minute chart. There is no Nasdaq indicator announcement today Instead, the daily chart MACD dead cross is in progress. In the case of Bitcoin, there is a gap section left at the bottom It is also the first touch section of the Bollinger Band daily chart center line. In the case of Tether Dominance, It is a 6+12 section, but because it touched the daily chart center line The mid-term pattern is broken To summarize, The daily chart candle is valid until 9:00 AM tomorrow And since the Tether Dominance pattern is broken Assuming that it continues to fall after tomorrow, Based on the short position operating section The current Bollinger Band 30-minute chart resistance line And then the 1-hour chart resistance line The short position operating section Should have a decline. If Nasdaq moves sideways moderately Bit can move freely And by calculating all the conditions above, I created today's strategy. *Red finger movement path One-way long position strategy 1. 62,377 dollars long position entry section / When the green support line is completely separated or the bottom section is touched, the stop loss price 2. 63,585.5 dollars long position 1st target -> Top 2nd target If the pink resistance line 1st section is broken right from the current position, the purple parallel line is maintained, and a strong upward condition is created If the strategy is successful along the red finger movement path, the 1st section of 63,177.5 dollars, which returns after reaching the 63.5K target price, a long position re-entry position can appear, so it would be good to use the chart. In the case of the top section, it seems difficult to pass it today and I expect it to happen after the additional daily chart is created tomorrow. Up to this point, I ask that you simply use my analysis for reference and use only. I hope that you operate safely with principle trading and stop loss prices. Thank you.Longby BitCoinGuideUpdated 4
btc 4h time back to 64k next 24 hourshai my name is sushil rawat my btc idea 4h btc time frame next 24 hours reach 64kLongby sushilrawatUpdated 7
Bitcoin Bybit chart analysis October 4Hello 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. Here is the Bitcoin 30-minute chart. There will be an announcement of the Nasdaq index at 9:30. Long position entry section in the strategy on October 2 From the purple finger at the bottom left at $59,955.5 I connected it to today's strategy. *When the red finger moves, One-way long position strategy 1. $60,980 long position entry section / Stop loss price when the sky blue support line is broken 2. $62,588 1st target -> Additional target price from Top to Good during the weekend Touch the 1st section at the bottom If the sky blue support line is maintained, an upward sideways market If the bottom section is broken, the next support line is the 2nd section at the very bottom. Up to this point, please use my analysis article only for reference and use I hope you operate safely with principle trading and stop loss price. Thank you.Longby BitCoinGuideUpdated 1142
Bitcoin: BTCUSD extends recovery from 200-SMA to trim lossesBitcoin (BTCUSD) rises to a week’s high, continuing its rebound from the 200-SMA and breaking through the 100-bar simple moving average (SMA). BTCUSD bulls aim for a new three-month high! Along with a solid bounce from the 200-SMA, a positive RSI (14) and bullish MACD signals support BTCUSD’s push past the 100-SMA. This indicates potential for more gains, even though the RSI is nearing overbought territory, suggesting limited upward movement soon. Key technical levels to watch… With Bitcoin’s strong recovery from the 200-SMA and a successful run-up beyond the 100-SMA, buyers are ready to challenge a six-week-old horizontal resistance area surrounding $64,700. However, they may face hurdles at the 78.6% Fibonacci Retracement of July-August downside near $65,700 and an upward trendline from late August around $66,900 afterward. On the downside, the 100-SMA around $63,300 is holding BTCUSD up, while the 61.8% Fibonacci retracement support is near $62,200. That said, another key support is found at the 200-day moving average of around $60,700, with the psychological level of $60,000 serving as buyers' last line of defense. Recovery remains preferable… With Bitcoin bouncing back from key moving averages and a potential pullback in the US Dollar due to upcoming US inflation data and FOMC minutes, BTCUSD looks set for further upside.by MTradingGlobal113
Bitcoin Chart Bitcoin has breached the demand zone .. if it breaks the zones and retest the zone then the target will be next zone .Longby AIQuant-XUpdated 1
Bitcoin Swing Long Update - Bitcoin is currently trading at 62,777$ - Bitcoin followed my path and filled the Fair Value Gap - Bitcoin didn't shift its Market Structure as well and we are still Bullish unless we see a weekly close below 57,500$ - Bitcoin can easily shoot up to 64,000$ first and then we might see a small retracement that can induce BTC a little and post that we might see Bitcoin mitigating 69,000$ soon - On the other side, we have a War ongoing and the Economic Data also came in good for the US so the flows into USD increased and this also led to the DXY pumping hard - However, at the same time US Indexes jumped as well so this week will be very important for the overall market and how the war unfolds.Longby VKtradesimbalance1
BTC USD - 1 hour time frame - CMP 62627 Cup and Handle breakouBTC USD - 1 hour time frame - CMP 62627 Cup and Handle breakout Buying CMP 62647 SL 61450 Target 63200- 63750- 64000- 64500-65000-66000 -69000+ Longby Bilal_Kazi1
The 45 Degree Line: A Very Effective Tool in Trading.The 45 Degree Line: A Very Effective Tool in Trading. When the ppix of an asset explodes and forms a very steep slope, the 45 degree line, also known as the 1x1 Gannangle, is an important and very useful tool in technical analysis, used to identify and predict market corrections. Meaning of the 45 degree line: The 45 degree line represents an equilibrium trend in technical analysis. It is considered an average support or resistance line, indicating a balance between time and price. This line is particularly important because it suggests a constant and balanced progression of the market. Main characteristics -Angle: The 45 degree line forms an angle of 45° with the horizontal axis of the chart. -Notation: It is often noted 1x1, which means that it represents a movement of one unit of price for one unit of time. -Interpretation: A trend following this angle is generally considered strong and likely to continue in the same direction. Use in Technical Analysis Traders use the 45-degree line in several ways: -Identifying trend strength: A trend that follows or exceeds the 45-degree angle is considered strong. -Support and resistance: The line can act as a dynamic level of support in an uptrend or resistance in a downtrend. -Forecasting movements: Traders can anticipate trend changes when price deviates significantly from the 45-degree line. -Multi-timeframe analysis: The line can be applied on different time frames, from short-term to long-term, for a more comprehensive analysis. Integration with other tools The 45-degree line is often used in conjunction with other technical analysis tools for a more robust analysis. It can be combined with indicators, chart patterns, or other Gannangles to confirm trading signals and improve forecast accuracy. In conclusion, the 45-degree line is a powerful but often underestimated tool in technical analysis. Its simplicity and versatility make it a valuable tool for traders looking to identify and follow market trends with precision.Educationby Le-Loup-de-Zurich11161
Weekly Time frame Analysis for BitcoinAs of my view and considering war too my view for Bitcoin is for short, till we get the liquidity and closing of candle below the level where the market previously swept the price of 49000 , this time market can target that liquidity and remove all the weak hand and FOMO trader who took their position due to dip in the market. Let see If i goes correct.Shortby virajvickey4496
Bitcoin BTCUSD buy until 59600 not break upside Target on chartDisclaimer - 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 :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low . TARGET - Target 1- (T1 : 61.8 %) Target 2- (T2 : 88.6 %) Target 3- (T3 : 127.2 %) Target 4- (T4 : 161.8 %) Please note:- It's working on news based and volitile market very well so exit if SL hitLongby JaiPrakashShuklaHarmonicTrader2
BITCOIN RETRACMENT TILL ITS DISCOUNTED ZONE Bitcoin has significant potential to break through, but has struggled in recent months. The market should clear its discount zone liquidity, or FVG of monthly time frame, to reach a clear target. The market should follow expectations for a bull run or potentially attract new people out of FOMO. Please comment on your suggestions.Shortby virajvickey1112
A decending triangle patterns showing on BITCOIN with 1:10 RRA 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❤️Shortby tradergyan011154