Bitcoin: time to reversal?As you can see, price has strong reaction at my key level (horizontal line). Now we need to wait price pullback and hold that level again. If we break last D1 candle after pullback, bullish signal is confirmed.
#Bitcoin
BTCUSDT trade ideas
Bitcoin end of 2026 Bitcoin end of 2026 big price comming soon
The predicted Bitcoin price for 2026 is as follows ¹:
- Minimum price: $122,577.96
- Maximum price: $147,420.71
- Average price: $126,946.67
- Potential ROI: 159.4%
The monthly predicted prices for 2026 are as follows ¹:
- January: $102,145.92-$122,360.42
- February: $105,860.83-$126,916.83
- March: $109,575.75-$131,473.25
- April: $113,290.67-$136,029.67
- May: $117,005.58-$140,586.08
- June: $120,720.50-$145,142.50
- July: $124,435.42-$149,698.92
- August: $128,150.33-$154,255.33
- September: $131,865.25-$158,811.75
- October: $135,580.17-$163,368.17
- November: $139,295.08-$167,924.58
- December: $143,010-$172,481
Education purpose only.no by or sell signals.
#Bitcoin Update on 06.07.2024#Bitcoin Update on 06.07.2024
A.O.A and Good Morning to All Brothers and Sisters!
#Bicoin Continue Downtrend but Yesterday Daily Candle is Closed Very Positive. Upper then our Key Level 56221. If It Remain Upper this point. Then we have a Couple of good Confirmation For trend Reversal. First is The 56221 and Second is, We Are Going to Leave Vertical Blue area. This Area Means Time Cycle. And According to time Cycle last low Is Patent.
Today is Saturday and As Usual the Volume is Very low. And There are two Lines FRD.4H is Also Our Local Support and Resistance For Weekend. But The Main Resistance and Supports are the Diagonal Lines.
I Suggest to Relax And Stay Away From Chart at Least On Day in Week. That Is a Part of Trading. To Refresh You Point to View The Charts.
Wish you All very Nice Weekend.
Why BTC is going down ? Follow up Today, BTCUSDT has reached one critical point. In the past analysis linked here, we were waiting for two left-behind point, one between 56k and 53k and another below 51k, around 45k.
The price recovered the inefficiency, kept the lateral movement on the 60k resistance, consolidated by returning to the 63k level.
I was looking for a probable BARR but, as said in the past analysis, the pair had few liquidity and interest point to reach before increase and start the post-halving bull run.
The decreasing trend line fake out on the begin of the month can be mistaken for a break out, but the price did not draw a strong BOS and satisfying the fibonacci TP and level on the monthly inefficiency level (purple line).
This new bearish movement of the last few days included all crypto pairs. Ethereum, Ripple, Solana, Dogecoin... everyone's price decreased.
From a technical point of view, the price have reached our POI, point of interest zones. For Bitcoin we were waiting a recover around 56-53k, which were a inefficiency zone left behind from February 2024. It's impressive the reactivity of the price around our levels, snipers !
There are still areas to cover. On higher tf, the price is creating a M-pattern, indicator for an imminent bearish run. It would be in line with our analysis. The price would cover those missing areas, consolidating and the start a bull run. I am confident on a return around 42k before the long run.
I have just a note, a little thing that does not make sense so far : the price in below the Halving-level and this happened just another time before. Anyways, from an historical and fundamental point of view, the price has always increased after the halving (that's the aim). Are there any fundamentals points which have to be essentially consider for a fair analysis ? Are institutions and big whales a turning player for this halving as never before ?
Let's see..
Why BTC is going down ? Follow up Today, BTCUSDT has reached one critical point. In the past analysis linked here, we were waiting for two left-behind point, one between 56k and 53k and another below 51k, around 45k.
The price recovered the inefficiency, kept the lateral movement on the 60k resistance, consolidated by returning to the 63k level.
I was looking for a probable BARR but, as said in the past analysis, the pair had few liquidity and interest point to reach before increase and start the post-halving bull run.
The decreasing trend line fake out on the begin of the month can be mistaken for a break out, but the price did not draw a strong BOS and satisfying the fibonacci TP and level on the monthly inefficiency level (purple line).
This new bearish movement of the last few days included all crypto pairs. Ethereum, Ripple, Solana, Dogecoin... everyone's price decreased.
From a technical point of view, the price have reached our POI, point of interest zones. For Bitcoin we were waiting a recover around 56-53k, which were a inefficiency zone left behind from February 2024. It's impressive the reactivity of the price around our levels, snipers !
There are still areas to cover. On higher tf, the price is creating a M-pattern, indicator for an imminent bearish run. It would be in line with our analysis. The price would cover those missing areas, consolidating and the start a bull run. I am confident on a return around 42k before the long run.
I have just a note, a little thing that does not make sense so far : the price in below the Halving-level and this happened just another time before. Anyways, from an historical and fundamental point of view, the price has always increased after the halving (that's the aim). Are there any fundamentals points which have to be essentially consider for a fair analysis ? Are institutions and big whales a turning player for this halving as never before ?
Let's see..
$BTC | Daily: HTF Plan:There is still potential for a small bounce in BINANCE:BTCUSDT before it potentially drops to a lower low of 56k. Nothing to worry about, It would be the best opportunity.
We may not see any big moves until the ETH ETF starts. It starts trading on the 2nd of July. But once the #ETHETF begins, there could be some distribution on BTC.
Bitcoin (BTC) technical and fundamental analysisBitcoin's price began to decline at the end of June due to news that the collapsed cryptocurrency exchange Mt. Gox is ready to repay its creditors. Additionally, the crypto market faced pressure from ETF outflows and miner capitulation. As a result, the BTC price formed a technical analysis pattern known as a Double Top. It has reached the first target of our previous overview - the 1H Imbalance zone. Currently, it is retesting the ascending trendline, which will determine the future direction of the price movement. If sellers push through and the price consolidates below the support level, we expect it to drop to the next targets - the 4H and 1D Imbalance zones. There are significant gaps in horizontal trading volume levels that need to be filled with trading activity. In the same range, the 0.61 - 0.78 Fibonacci retracement levels are located, where we anticipate the correction to end if it becomes deeper.
For the resumption of growth, the price needs to consolidate above the EMA 50 4H dynamic resistance line and return above the Point of Control (POC) level. In this case, we expect a retest of the descending trendline resistance.
📉 Bitcoin market global analysis
On the daily logarithmic chart, Bitcoin's price continues to move within the Expanding Wedge pattern and has also formed a Double Top pattern. If BTC's price breaks below the lower boundary of the Expanding Wedge during the retest, we expect the Double Top pattern to be confirmed with a movement corresponding to its height. The targets of this movement could be the 1D and 1W Imbalance zones, where we will anticipate a trend reversal and the resumption of growth.
What could the next growth phase look like? 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 the analysis of large order block clusters in order books. We have a local ascending trendline that has been relevant since November 2023. Its test could occur at the 75,000 - 76,000 level, which is confirmed by a large block of pending orders. Higher, in the 80,000 - 90,000 range, lies the global trendline built on the peaks of the previous two Bitcoin cycles. Additionally, the 1.38 Fibonacci extension level is located in that area. The highest trendline is in the 1.61 - 1.78 Fibonacci extension range, and its test could start at the 100,000 level.
💠 Analysis of liquidity zones and levels
The index of fear and greed is in the fear zone - 44.
The total capitalization of the cryptocurrency market fell to $2089 billion, and the Bitcoin dominance index increased to 54.8.
According to the analysis of the accumulation of large blocks of orders in the order books, the supply and demand zones are located at the following levels:
🟢 Demand zone: 50,000 - 56,000
🔴 Supply zone: 70,000 - 80,000
Levels for long positions:
55,000 - 57,000 - retest of the trend line and large support block
52,000 - 53,000 - large support block
50,000 - psychological level of support
Levels for short positions:
70,000 - psychological resistance level
72,000 - large resistance block
75,000 - large resistance block
90,000 - global trend line
📊 Fundamental analysis
Bitcoin's price started to decline in late June on news that the collapsed cryptocurrency exchange Mt. Gox, which failed in 2014, is ready to repay its creditors. If the creditors decide to sell the received bitcoins, their activity could put significant pressure on the cryptocurrency's price. Therefore, many market participants have decided to reduce the share of BTC in their portfolios in anticipation of the upcoming payouts.
Outflows from bitcoin funds, which account for over 5% of the cryptocurrency's issuance, are putting pressure on Bitcoin. After the halving, the reward for mining each BTC was halved from 6.25 to 3.125 BTC. With declining income and depreciating savings, many miners are forced to sell accumulated coins, further creating pressure on Bitcoin's price.
However, there are also positive expectations:
In the next two weeks, a spot ETF on Ethereum may appear. Industry experts are confident that the launch of an Ethereum ETF will have a significant impact on the cryptocurrency market. SEC Chairman Gary Gensler recently stated that Ethereum ETFs are likely to emerge this summer.
Due to the growth of the crypto industry in the US, candidates in the 2024 US presidential election are being forced to vie for the votes of the crypto community.
Additionally, market participants are anticipating the Federal Reserve's long-awaited move to lower the key interest rate. According to Fed Chairman Jerome Powell, inflation in the US is slowing down.
🌐 Upcoming Events in the Global Economy
We expect increased volatility in both stock and cryptocurrency markets on the following dates:
➤ 09.07, 15:30 - Speech by Jerome Powell on the economic situation in the USA.
➤ 11.07, 15:30 - Consumer Inflation Index (CPI) in the USA for June.
➤ July 25, 21:00 - US GDP for the 2nd quarter.
➤ 31.07, 21:00 - New decision on the Fed interest rate.
📈 Statistics of signals from our AI trading indicator:
In June 2024, a correction began in the cryptocurrency market after prolonged growth. 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 5 signals have become profitable, and the built-in Anti-Flat System prevented losses from manipulative market movements.
Total price movement by all signals: +27.03%
Maximum price movement: +13.53%
Average price movement: +5.4%
In addition, I would like to share the forecast of the latest Bitcoin price action by our AI, which not only indicates the direction, but also builds the trajectory of further price movement:
#Bitcoin Update on 04.07.2024#Bitcoin Update on 04.07.2024
A.O.A And Good Morning to All Brother and Sisters!
#Bitcoin Continue the Rally Down Side. As I Mentioned Yesterday if Bitcoin Break The Yellow Line Then We Can Drop More. And Price Continue Dropping. Now Price Sit On Very Important Point 57677 is Second Yellow Line (Arrow#1) Daily Reversal Point, Daily Important Support Zone(black Area). And Price Can Reverse From Here or At Least Can Retrace a Bit From here.
But if Price Drop Without Any Stop, Then It Will Be Hard Bearish Signal. Another Chance of Reversing is Blue Line KJN.W(56221). And If Price Continue Dropping again after That Point then 54k (Arrow#3) and 50k(Arrow#4) Is Secure..
Now I Will Send In Next Chart The Support and Resistance on 4H. And We Wait For Reversal. If Confirm We Can Open Buy Trades On #Alts. But If Break then We Can Try Some Sell Trades.
I Wish You All Vey Nice Day.
#Bitcoin Update on 04.07.2024#Bitcoin Update on 04.07.2024
A.O.A And Good Morning to All Brother and Sisters!
#Bitcoin Continue the Rally Down Side. As I Mentioned Yesterday if Bitcoin Break The Yellow Line Then We Can Drop More. And Price Continue Dropping. Now Price Sit On Very Important Point 57677 is Second Yellow Line (Arrow#1) Daily Reversal Point, Daily Important Support Zone(black Area). And Price Can Reverse From Here or At Least Can Retrace a Bit From here.
But if Price Drop Without Any Stop, Then It Will Be Hard Bearish Signal. Another Chance of Reversing is Blue Line KJN.W(56221). And If Price Continue Dropping again after That Point then 54k (Arrow#3) and 50k(Arrow#4) Is Secure..
Now I Will Send In Next Chart The Support and Resistance on 4H. And We Wait For Reversal. If Confirm We Can Open Buy Trades On #Alts. But If Break then We Can Try Some Sell Trades.
I Wish You All Vey Nice Day.
$BITCOIN UPDATED#BTC
Trade is going perfectly as planned on the Our Analysis.
Congrats, if you took the Trade.
#Bitcoin Update on 03.07.2024#Bitcoin Update on 03.07.2024
A.O.A And Good Morning to all Brothers and Sisters!
#Bitcoin Touched Our Arrow#3 just Now. According To Yesterday Analysis #Bitcoin Reached both Targets.
Now Is Very Crucial Point. If #Bitcoin bounce Back From Here then We Are Still Bullish. But Agian If Price Drop From These Two Yellow Lines Then We Can See 50k.
My Suggestion?? Again The Same Like Yesterday. Wait Till Daily Candle Close. Then We Can Have a Confirmation of Direction and We Can Open Buy Or Sell Trades On #Altcoins.
Wish You All Very Nice Day
#Bitcoin Update on 02.07.2024#Bitcoin Update on 02.07.2024
A.O.A and Good Morning to All Brothers and Sisters!
According to My Last Analysis Yesterday Bitcoin was Not Successful to Break Our Blue Black Area and Rejected from Our Second Resistance(Arrow#1). Now Price is Going Down To Our First Resistance that is Now Support(ARROW#2). If Bounce Back From there Then We Can See Another Jump Upper Side. But if Break the Support then THE next Support will be the Yellow Line .
We Still Dont Have Any Confirmation on Direction. So IMO no Trades On #ALTS. MARKET IS a Bit Boring. I Prefer to Stay Away Even Losing Money In Stoplosses.
I Wish You All Very Nice Day
Bitcoin short time upside possible this time 👉Bitcoin 💵 short time upside possible ☝️🥇☝️
👉Price trade near saport line
👉Many times congratulations this range ⌚
👉B carefully,
👉One bounce expected📈📉
👉💵 No buy or sell. Just education purpose only
#Bitcoin Update on 01.07.2024#Bitcoin Update on 01.07.2024
A.O.A And Good Morning To All Brother and Sisters
#Bitcoin looks Like In Good Power. But Just Now We Are On Important Resistance. Here We Have Resistance of Last Wave, Daily and 4H Resistance. If #Bitcoin Break This Point then We can See A Good Rally. Next Resistance after This Is 64600(Yellow Area).
#ALTCOINS? for Me Its Too Early for Opening Buy Trades. As I Mentioned in My Last Analysis. I Wait Today's Candle Close, Then Look For New Buy Trades.
I Wish you All very Nice Day.
BTCUSDT SCALPE IDEA FOR SHORTBTCUSDT forms a lower high and lower low at 1Hr time frame if it satisfies the trend line above we could see downward movement to nearly 58k
enter when the candle rejects at the trendline. Trade will fail when the candle closes above the trend line.
proper risk management and capital management are very very important rather than getting profits
please use stop lose!
I will follow up when the trade is active.
#Bitcoin Update on 30.06.2024#Bitcoin Update on 30.06.2024
A.O.A And Good Evening To All Brothers and Sisters.
#Bitcoin is again to to Attack our Last Resistence. and Thats again a Confirmation that we are in mid Term in Range. There is Not a lot of Volume to Confirm This Move.
and Real Move we can See tommorow Evening.
i Suggest to Wait With your Buy Trades and tight Stoplosses on all your buy Trades.
I see most Probelties that price can Drop. But As We Know Bitcoin can surprise.
Another Important Thing is Today Will Close the Monthly and Weekly Candle Both. And From Tommorow we can see more volatilty.
I Wish you all Very Nice Evening.
100X Long here #BTC for the next bull runHTF plan for the next bull-run.
NFA.
#NFA
HTF plan for the next bull-run.
NFA.
#NFA
HTF plan for the next bull-run.
NFA.
#NFA
Why Now is the Best Time to Buy Bitcoin (BTC) - Expert AnalysisArticle:
In the ever-evolving world of cryptocurrencies, Bitcoin (BTC) remains the king. Today, we dive into why now might be the perfect time to buy BTC and how you can capitalize on current market trends. Here’s an expert analysis to guide your investment decisions.
Bitcoin On A Rollercoaster Ride, Will It Safely Land?Bitcoin has a market cap of $1.2 trillion and is currently ranked 1st in the crypto-verse. BTC is currently trading near the value of $61602 with a slight gain in the intraday session.
Bitcoin is forming consolidated candles on the daily chart. It is trading below the 50 and 100 EMA and has given a negative crossover. The upside trend of BTC can observe a halt near the value of $65k. Meanwhile, the support of the asset price can be seen near $58k
The RSI of Bitcoin price is currently near 36 with a small positive slope. The overall sentiment of the BTC is bullish.
Bitcoin consolidation has been continuing despite the bullish sentiment and positive outlook of the ETF. If BTC price has to touch $150k in the near future then a strong surge of active addresses and inflow is required in the ecosystem.
Bitcoin Update on 28.06.2024Bitcoin Update on 28.06.2024
A.O.A And Good Morning to All Brothers and Sisters!
Bitcoin Continue Play With Our Supports And Resistance. But There Is a Compression Setup At The Moment. With Lower High And Higher Lowes. And This Setup Can Break Bullish. We Have just To Have More Patience.
If It Break Bullish then On Weekend We Can Have a Good Rally For #Altcoins.
According to This No Main Charging. We have Just To Wait.
I Wish you All Very Nice Day
BTC TREND POSSIBILITIESKeep Eye On support and Resistance trendline Breakout and breakdown both trendline on downword direction most possible downtrend but plz wait to breackdown currunt support trendline
Bitcoin : long term prediction : education purpose only Bitcoin 💵 💵 💵
👉Prediction:
👉September - October : 2025
👉Bitcoin price will cross 1 lakh 20 thousand in 2025.
👉Please note the said timings.
Education purpose only no buy or sell.
