BITCOIN SHORTpanic sellers are here ,so its going to bo down ! everyone think its goin to be down ! fall including investers are pulling away to downShortby jyngofer114
BTC Long & Short Side Trade BTC Long ⬆️ & Short🔻 Side Trade. if breaks down support line its give entry if breaks Uppr support it will be long trade SL must use for long time tradeby ArmanSahaUpdated 220
Bitcoin good for upside moveBitcoin good for upside move , only need to a bullish candle form in the marked PR zone, keep on radar by dcpandey084Updated 1119
BTC - Super Bullish - 115,000+ Coming Soon?Overview & Observation: 1. Breakout of ATH levels and price sustaining higher levels are signs of strong buyers. 2. A strong trendline breakout candle will be expected. 3. RRR is favourable. Trade Plan: 1. ENTRY = CMP 2. STOPLOSS = 10% 3. TARGET = 70%++ - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata RayLongby SuperNova396Updated 8
Bitcoin (BTC) technical and fundamental analysis📈 Technical analysis BTC/USDT The price of Bitcoin is returning to growth amid positive macroeconomic data from the US and a new wave of institutional investor interest in spot Bitcoin ETFs. Currently, the BTC price is moving within a narrow range (65,000 - 72,000), and a breakout from this range will determine the direction of its future movement. At the moment, there is a fourth retest of the descending trendline resistance. To continue the upward movement, the price needs to secure itself above the trendline resistance and overcome the major resistance block at 72,000 - 73,000. This would open the path to a new all-time high in the range of 75,000 - 80,000. Such a positive scenario could unfold between June 7 and June 12, provided that positive inflation data from the US continues to be released. However, the RSI indicator is showing a bearish divergence. If buyers fail to push the BTC price above the trendline and it falls below the dynamic support line at EMA 50 4H, we can expect a local correction. The nearest target for this correction could be the major support block at 65,000 - 68,000, which also contains the point of control (POC) for the value area. If this level does not hold against selling pressure, the BTC price may drop into the Imbalance 1H zone to fill the gaps at the horizontal volume levels. 📉 Bitcoin market global analysis On the daily logarithmic chart, Bitcoin's price has formed a descending wedge pattern. Currently, a retest of its upper boundary is taking place. If buyers manage to secure the price above this boundary, combined with fundamental factors such as a rate cut by the Federal Reserve, it could lead to a new bullish rally, as seen in previous cycles post-halving. Conversely, if the BTC price fails to break out of the wedge pattern, we expect a decline to retest its lower boundary around the 55,000 - 60,000 Imbalance 4H zone. Above the current ATH, there are no resistance levels based on historical data. Therefore, to determine growth targets, we will use trendlines, Fibonacci extension levels, and analysis of large order clusters in exchange order books. There is a local ascending trendline that has been relevant since November 2023. Its test may occur at the 75,000 - 76,000 level, confirmed by a large block of pending orders. Above this, in the 80,000 - 90,000 range, there is a global trendline built on the peaks of the previous two Bitcoin cycles. There is also the 1.38 Fibonacci extension level. The highest trendline is located in the 1.61 - 1.78 Fibonacci extension range, with its test potentially starting at the 100,000 level. 💠 Analysis of liquidity zones and levels Fear and Greed Index is currently in the extreme greed zone - 78. The total cryptocurrency market capitalization has risen to $2.576 trillion, and Bitcoin's dominance index has risen to 54.58%. According to the analysis of accumulation of large order blocks in exchange order books, the demand and supply zones are located at the following levels: 🟢 Demand Zone: 60,000 - 68,000 🔴 Supply Zone: 72,000 - 80,000 Levels for long positions: 68,000 - Point of Control (POC) of the value area 65,000 - Major support block 60,000 - Psychological support level Levels for short positions: 72,000 - Retest of the trendline resistance 75,000 - Major resistance block 80,000 - Major resistance block 90,000 - Global trendline 📊 Fundamental analysis Institutional interest in spot BTC ETFs has surged again, with an influx of +$1.374 billion into these instruments over the past two days. The crypto community is anticipating a Bitcoin bull rally, which could be sparked by a change in the US Federal Reserve's monetary policy. On June 4, labor market data began to be released, indicating a slowing US economy. When the economy slows, inflation decreases, and lower inflation is a key factor for the resumption of money printing and the growth of high-risk markets, including the cryptocurrency market. The stock market has already reached new all-time highs in anticipation of positive inflation data on June 12 and in light of recent macroeconomic data from the US. However, there are still 4 days left to resolve the issue of the US Treasury redeeming over $10 trillion in government bonds by June 9. 🌐 Upcoming Events in the Global Economy We expect increased volatility in both stock and cryptocurrency markets on the following dates: ➤ June 6th, 3:30 PM - US Initial Jobless Claims. ➤ June 12th, 3:30 PM - US Consumer Price Index (CPI). ➤ June 12th, 9:00 PM - New Decision on Federal Reserve Interest Rates. ➤ July 31st, 9:00 PM - New Decision on Federal Reserve Interest Rates. 📈 Statistics of signals from our AI trading indicator: In May 2024, the cryptocurrency market began to recover after correction. Our trading indicator, as always, warned about this in advance! And even during the flat period it gave good entry points. Thanks to the latest updates, all 6 signals have become profitable, and the built-in Anti-Flat System prevented losses from manipulative market movements. Total price movement by all signals: + 31.16% Maximum price movement: + 14.86% Average price movement: + 5.19% by TradeINEXUpdated 117
#Bitcoin Update on 1717.06.2024#Bitcoin Update on 17.06.2024 A.O.A and Good Morning To All Brother and Sisters! Bitcoin Try To Break the Resistance Witout any Success. But Just now Closed The Candle under Then Our Support on 4H. That Means Now If Retest. Then Bitcoin can Drop More. Where is The New Low? As I said In My Last Analysis is 64800.. Important is #BTC Dont Break Yellow area And Support 64800. Now I Wait Today Candle Close Again. For Next Decision. I wish you all Very DayLongby MoonTradingForecast2
Bitcoin 5-day double Fibonacci blueprintBitcoin 5-day double Fibonacci blueprint, the main short-term target price is at the green and white Fibonacci price levels below, and the main long-term target is at the green and white Fibonacci price levels above. Both rises and falls are in this chart. Instead of looking at a single direction, the green and white line prices are used according to different market conditions.Bitcoin 5-day double Fibonacci blueprint, the main short-term target price is at the green and white Fibonacci price levels below, and the main long-term target is at the green and white Fibonacci price levels above. Both rises and falls are in this chart. Instead of looking at a single direction, the green and white line prices are used according to different market conditions.by ZhongBenCong0015
Bitcoin support and resistance Bitcoin Support - 67275.30 Resistance - 67507.80 Once breaks above levels please wait for a very bullish or bearish candle close .You can enter in short timeframe (3,5) by JDTJDTTradingCoUpdated 1
NO ZONE FOR NOW ON BITCOINMention In Chart According To Rsi Divergence Price Is Bullish But Price Action Make New Lower Low Which Can Attract Price Towards 61000 In June And Elliote Wave Theory Is Also Make The Price Bullish But Moving Averages Below 200 Again Makes It Bearish So There Is No Trading Zone Utnil It's Break Either Side As I Mention In Chart With Example And Have Good Trading Day.by tusharjaglan582610
Bitcoin BTC large head and shoulders pattern channelBitcoin BTC large head and shoulders pattern channel, head and shoulders pattern white line: June 2021 is the left shoulder, November 2022 is the head and shoulders, and the left shoulder is expected to appear in 2024. It can be formed by falling back and stepping back to the price near June 2021. Pink channel line: It is the top price resistance line above the long line and also the short-term support line. The green channel line is the bottom price of the decline. There are three color lines. If any color line fails, the other two lines will be valid. It mainly depends on the direction of the white line, and the pink and green channels are auxiliary.by ZhongBenCong001117
Btc sell side viewBtc sell side view sl & tp on chart Support invited setup Buyers trap logic Sl hunting Shortby kiran_bendale_official3
Btc sell side viewBtc sell side view sl & tp on chart Support invited setup Buyers trap logic Sl hunting Shortby kiran_bendale_official1
Bitcoin's Last downtrend Coming Soon...#Bitcoin at Daily Chart Analysis CRYPTOCAP:BTC market is still in volatility mode, and has made its lower-high, but it is currently finished their last uptrend cycle with some major ups & downs and finished at $71.8k approx..! After that, its last down cycle is start to running, which will at least retest the previous level of $56k-$58k here or it can also break-out and will go to $55k to GETTEX:52K for the last timer lower-low. within next 12-15 days, it means you will be easily say that the next Downtrend upto $55k-$60k approx..! After that, Bitcoin's #BullRun cycle will start completely in Uptrend mode from mid of July onwards, which will be starts on #Elliott Impulsive Wave Cycle for the next 6-8 months..! Rest, do your research and invest and trade by using #DYOR & #StopLoss and, Comment, Like, Share, Follow on Posts..Shortby AskToRahulSirohi1111
BTC TRADE IDEA BTC/USDT There is 2 possibility moves around 1. Go long at near current price with the Sl - 65750 ( 1:4.4 RR) 2. Go long around 63200 with the SL - 60160 ( 1: 4.5 RR) TP for both trades is 77000 Trade as per your risk management and Do your own analysis 🙏🙏🙏🙏🙏🙏 Longby BK27442
Bitcoin Fibonacci DailyBitcoin Fibonacci daily line, the target pullback is 0.618~0.5, and it is only a matter of time to reach the target price.by ZhongBenCong001115
BitcoinNeed to close strong above 75000 level with volume and strong weekly close if fails to do so on next 3-4 weeks can see good supply then prices can drop towards 50000-40000 zone in next 4-5 month .by deepshah19822
Trading Bitcoin over the weekend - Long & Short levelsAfter consolidating from its recent high of nearly $72000 bitcoin tested 66500 levels and might rally from this point over the weekend or the mid of next week. A break from these levels may mean that the buyers aren't able to cope up with the shorts in play. So for you all to understand the right levels and not fall prey to the trap of the consolidation zone I've managed to put the trades that might help you over the weekend and the coming week ahead. Again, this is not a buying or selling recommendation, I do not advice taking trades without proper knowledge and guidance from your mentor. 05:14by kaustubhkokateUpdated 223
Bitcoin - BTC looks like it can double from current level Bitcoin Looks good for long in Parabolic uptrend pattern and with the support at 43400. Time Frame used Monthly Time frame. Tgt expected 128227 ± View will be invalid when it closes below support in monthly chart. This is not a BUY or SELL RECOMMENDATION Shared it for educational purpose based on chart pattern and My STUDY Do Your analysis from your side too. Longby senthilkumar1976331
$Bitcoin ($BTC) good setup : One Simple Horizontal line-In consolidation for 3 months (Long base means Big Breakout) -Tested 71800ish resistance level multiple times and this time after testing took support of 10 ema (2 wicks) n signalling reversal. -Good Shakeout U&R (Undercut and Rally, when price go lower than last lower: kicking out weak players , taking out their stop losses and rally back to upside) -Signal Candles: Big Green Candles with vol showing buyers in action. Longby takmanish007662
BITCOIN CHART ANALYSIS 22 APR 24 LONGBITCOIN CHART ANALYSIS 22 APR 24 LONG As you can see in the BTC chart price is in range bound zone soon we will see a pump in BTC levels are given in chart you can easily figure it out . R:R - 1:1 guess which chart pattern is formed in BTC.Longby believe_in_your_dreams2517Updated 3313
$BTC | Daily: HTF Plan:BINANCE:BTCUSDT Bulls are gearing up to reach the previous month high and potentially set a new ATH. I think the next higher low will settle around the POI level in the 67k-66k range. Altcoins market is currently pumping well due to the pre-hype surrounding the ETHETF. Ethereum spot ETF, whether approved or disapproved, could provide unique benefits to #Bitcoin. ✌️Longby femtoxbt119
Bitcoin parallel channelBitcoin parallel channel, the upper line is the top and the lower line is the bottom.by ZhongBenCong0012
Bitcoin longing discussion with position setup BINANCE:BTCUSDM2024 Bitcoin has rallied breaking several resistance zones in past 2 days For those who missed out on trade are waiting for a pullback to setup long positions Bitcoin looks bullish on higher time frame ( 1day and 3day ) So i propose some long position which might be considered in future The first one is (risky) on the flip zone the second one is (neutral) on demand zone Let me know what you guys think about it Longby Zuboy3331