CRYPTOCAP:BTC Plan for this week:
Currently, we are in the first week range. The expectation is for Bitcoin to undergo a pump, pushing the price higher.
However, after reaching a range of 44k to 45k, there is a projected dump to a liquidity level of 40k. LFG!
CMP 34400
any dip upto 32K is buy
as 32000 was strong supply zone which beacame demand zone now
formation of cup and handle pattern
and breakout done
target 35000 / 36000 / 37000 / 38000 / 39000++
Regards..
Keshav..
24/10/2023
Hello dear friends, BTC is currently trading around $46,460 and the upside outlook remains intact as the EMA 34 and 89 continue to consolidate, however it remains confined below the $47,000 resistance area.
Bullish View on BTCUSDT
Trade:
Sell 48500 Call option of 12 January expiry @ $270
Buy 49000 Call option of 12 January expiry @ $200
Stop Loss: Spot level = $48500
Target: Premium =$0 in both legs
Max Profit: $70/BTC
Rationale:
BTC has exhibited a pattern of achieving higher highs and higher lows in its daily price movements. Notably, it broke through key...
Today, the BTC is continuing to consolidate significant price increases, with the current trading price standing at $46,516 at the time of writing.
From a technical standpoint on the 4-hour chart, using the excellent tool called Fibonacci extension by Trading View based on trends, it shows that the current trend is bullish, with a relatively stable trading...
BUY BTCUSD 44000, SL 43500, TGT-45000/46000/47000/48000
Dear Traders as you know price went higher high at 48000, and a sharp fall down came to 44800, this is not means that price will go down lower low or bearish market is start, no its not and there is no change of character. so, price will come down only at 44000 and when 15m chart gives cross over ema 30, 50, than buy
Dear friends, as predicted by RKarina, the price has escaped from the sideways box pattern and has experienced a significant increase.
Currently, BTCUSDT is trading around the $46,000 mark and is undergoing a correction phase after breaking through the resistance level at $45,500. Assuming this is a price behavior, BTCUSDT is expected to continue rising after the...
Bullish View on BTCUSDT
Trade:
Sell 42500 Put option of 12 January expiry @ $350
Buy 42000 Put option of 12 January expiry @ $300
Stop Loss: Spot level = $42500
Target: Premium =$0 in both legs
Max Profit: $50/BTC
Rationale:
BTC has exhibited a pattern of achieving higher highs and higher lows in its daily price movements. Notably, it broke through key...
SELL BTCUSD 46800 near SL- 47100, TGT-45000/44200
Dear Traders now again a big oppertunity to grab your profit 2500 points in bitcoin
price has been given a Change of character in down side and generate a Big Order Block at 46900, so , sell at
SELL BTCUSD 46800 near SL- 47100, TGT-45000/44200
Today, BTCUSDT is receiving strong price support as it has surpassed the psychological resistance level of $46,000 and is directly facing the resistance level from the past at $47,000, as shown on the chart.
Why does RKarina believe BTCUSDT is heading towards a new record target? The EMA 34 crossing and reversing over the EMA 89 is a strong signal for an upward...
Bullish View on BTCUSDT
Trade:
Sell 41000 Put option of 12 January expiry @ $250
Buy 40500 Put option of 12 January expiry @ $200
Stop Loss: Spot level = $41000
Target: Premium =$0 in both legs
Max Profit: $50/BTC
Rationale:
BTC has exhibited a pattern of achieving higher highs and higher lows in its daily price movements. Notably, it broke through key...
Bitcoin (BTC) surged above $35,000 on October 24, 2023, after BlackRock's iShares Spot Bitcoin Exchange-Traded Fund (ETF) was listed on the Depository Trust & Clearing Corporation (DTCC) under the ticker IBTC. This is a significant development for the crypto market, as it suggests that institutional investors are becoming more comfortable with Bitcoin and that the...
