BTC decision timeWe are reaching a crucial tipping point for the price of $BTC. Expecting a surge in the price of BTC while it ranges in a symmetrical triangle.
BTCUST.P trade ideas
Bitcoin Update on 15.05.2024Bitcoin Update on 15.05.2024
A.O.A And Good Morning To All Brother and Sisters!
Today Is Important Day. CPI number Day. And Bring a Lot Of Volatility. And Maybe The Right Day To Complete our Retracement. Take In Mind All Arrows. These are The Main Resistance and Supports. Retracement Level On Weekly TF is 54613. If We Touch This Level then We Have Finally The Direction After Reversal Confirmations.
Today I Suggest Again To Sit Back And Wait Closing Daily Candle. Because CPI Number Bring a Lot Of Volatility.
Wish You All Very Nice Day.
Sell BTCUSD, 62700, SL 63100, TGT- 61000Sell BTCUSD, 62700, SL 63100, TGT- 61000
PRICE went at 63450, and there is also 61% retracement area and it will comes down at 61000 because here made a imbalance i seller and buyer and all liquidity is already swap all over so place a trade and get 1700 points
BTCUSDT will downfall after reaching 65K-68KHello by seeing the support and resistance I can guess the market will downfall after reaching to 65k-68k lets check how the things will
BTCUSDT will downfall after reaching 65K-68KHello by seeing the support and resistance I can guess the market will downfall after reaching to 65k-68k lets check how the things will
Bitcoin BTC Large Parallel ChannelBitcoin BTC large parallel channel, the upper line is the top, the middle line is the oscillation, and the lower line is the bottom.
Look at the big pictures. Ready for a big short to USD 34500 Liquidation again at USD 34,500 before bitcoin's astronomical increase would be a realistic approach. Liquidation of large amounts of long positions is required before this increase. I think this return will occur with a reverse SHS formation. It is necessary to see the big picture.
**Disclaimer for Crypto Trading:**
Trading cryptocurrencies carries inherent risks, and it's important to understand the following:
Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses.
Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky.
Regulatory uncertainty and market manipulation are additional risks associated with cryptocurrency trading. Regulatory changes or negative news can have a significant impact on prices.
This analysis is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research and consult with a qualified financial advisor before making any investment decisions in the cryptocurrency markets.
By using this analysis, you acknowledge and accept the risks associated with cryptocurrency trading and agree to trade at your own discretion. The author of this analysis shall not be held responsible for any losses incurred as a result of using the information provided.
long-term bullish trend can be expected.Since the beginning of 2023, the Bitcoin price has witnessed strong buying pressure and the price has surged by 270%. It recorded an all-time high of $73,808 on March 14, 2024, and underwent a correction phase.
The price has been defending the major support level of $61,000 from the beginning of March. In the first week of May, the asset price slipped below the major support level but buyers were strong enough and lifted the price over the $61,000 hurdle.
At press time, the Bitcoin price traded at $60,957.00 with an intraday gain of 0.13%. The market capitalization is $1.19 Trillion and the fully diluted market cap is $1.27 Trillion. The 24-hour trading volume is $26.12 Billion and according to the volume, it ranks 2nd in the cryptocurrency market.
Bitcoin price has been defending the major support level of $61,0000 and trading at the same level at the time of writing. The buying trend has halted near the $70,000 hurdle and declined by forming lower lows and lower highs.
BTC price has formed a bearish candlestick pattern at the falling trendline. Suppose the sellers show interest and the price starts trading below the major support level of $61,000, selling pressure can be seen and melt to the 200-day EMA.
If the asset price fails to defend the 200-day EAM, most of the investors may prefer to book profit which may lead to a strong selling pressure.
On the other hand, if the Bitcoin crypto price triggers a breakout from the trendline and sustains then the buyers may show interest and may gain bullish momentum. Assuming this buying momentum is supported by the trading volume, buyers may eye for a new all-time high, and a long-term bullish trend can be expected.
Based on the chart structure, the major support level is $61,000 and another support level would be $52,000. If the price gains bullish momentum then it could be interrupted near the $71,000 hurdle and another resistance level would be $80,000.
PLAN FOR BTCThere will be short rally followed by a big fall. BTC will make new high to get a new funds flow in at the top, making a perfect setup to big sell offs.
An Analysis of Bitcoin: Unveiling the Macroscopic TrendsIn the vast landscape of financial markets, Bitcoin stands as a beacon of innovation and volatility. Its journey from obscurity to mainstream recognition has been nothing short of remarkable, captivating the attention of investors, speculators, and analysts alike. Delving into the depths of its price action, we embark on an analysis that transcends the minutiae of daily fluctuations, focusing instead on the broader canvas of macroscopic trends.
Bitcoin, the pioneering cryptocurrency, operates within a decentralized framework, free from the shackles of traditional financial institutions. This inherent autonomy infuses Bitcoin with a unique character, prone to wild swings and meteoric rises. Understanding its movements demands a blend of technical prowess, market sentiment analysis, and a keen eye for broader economic trends.
At the heart of our analysis lies the examination of larger time frames, where the ebbs and flows of Bitcoin's price action reveal profound insights. Zooming out from the noise of hourly or daily charts, we discern the formation of significant patterns and trends that span weeks, months, or even years.
Employing technical analysis tools such as moving averages, trend lines, and Fibonacci retracements, we chart the trajectory of Bitcoin's price movements. Through this lens, we identify key support and resistance levels that serve as pillars in the edifice of price discovery. These levels, when breached, often herald significant shifts in market sentiment, triggering cascading effects across the cryptocurrency landscape.
Accompanying our technical analysis is a thorough examination of fundamental factors that influence Bitcoin's valuation. From regulatory developments and institutional adoption to macroeconomic trends and geopolitical tensions, a multitude of variables can sway the market sentiment towards or against Bitcoin.
Crucially, risk management remains paramount in any analysis of Bitcoin or indeed any financial instrument. While the allure of potential gains may be enticing, prudent investors always consider the downside. Setting stop-loss orders and defining clear profit targets mitigate the inherent risks associated with trading or investing in Bitcoin.
It is imperative to recognize that this analysis serves as a guide rather than a guarantee. The dynamic nature of financial markets ensures that no prediction is infallible. Therefore, it is prudent to consult with a qualified financial advisor before embarking on any trading or investment strategy.
In conclusion, the analysis of Bitcoin in the larger time frame unveils a tapestry of trends and patterns that shape its trajectory. By blending technical analysis with an understanding of fundamental drivers and a disciplined approach to risk management, investors can navigate the tumultuous waters of cryptocurrency markets with greater confidence. However, prudent caution and professional guidance are indispensable companions on this journey of discovery.
BITCOIN IS READY TO FALL 50K❗❗❗❗Price will likely to reach 52 to 50 in one or two weeks.
Price already takes the buyside liquidity.
Last 3 to 4 days it's been dropping slowly with accumulating orders to short.
It's my prediction maybe it will not happen.
Learn to analysis by yourself is better for you.
Peace.
Bitcoin Urgent Chart UpdateCRYPTOCAP:BTC Urgent Chart Update
- #Bitcoin Rejected from HH/TL.
- We Already Profit in BTC/USDT Short Positions
- $57000 Possible Scenario
Key Levels to Watch:
$64,000: Critical! Above this, a path to $100k opens.
$65,540: Ideal stop loss for short positions.
$57,000: Breaking $57k Mean #BTC could drop to $50k
Stay alert and manage your positions carefully!
Bitcoin Update 08.05.2024A.O.A and Good Morning to All Brothers and Sisters!
Bitcoin Continue Downtrend for Retracement. Yesterday Candle Closed under First Reversal Point(Arrow#5). My Theory remain On same Point. P Wave(Arrow#3&6) is Still Valid. And I Wait Breakout of These Level to Know the Direction of Trend.
Yesterday Candle Is Closed Under The Level of Three days Movement. And If Confirm. Then We Will Touch The The Bottam Of Black Area.
Second Reversal Point is Changed A Bit For This Week. Nee Level Is 54275. Alts Move On All Jumps Of Bitcoin.. But Real Signal I Will Start When Bitcoin Touch Second Reversal Point.
Wish You All Very Nice Day.
BITCOIN AGAIN TO 56K😱?Yeah as per technical analysis it should come to 56k.
In my opinion it gives confirmation candle to go 56k.
Maybe it will reach there on Thursday or Friday ( economic data news) .
Learn to analysis by yourself.
Peace.
Bitcoin Urgent market Update about RejectionBTC/USDT Urgent Analysis
➡️ Current Situation:
BTC has faced rejection at a higher high (HH) and is testing the resistance trendline (TL).
➡️ Bearish Scenario:
There’s a possibility that BTC may retest the $57,000 range.
➡️ Key Levels to Watch:
- $64,500: Crucial level! Breaking above this indicates a bullish move towards $100K.
- $65,540: Place your stop loss here if you have open short positions (avoid high leverage).
- $67,300: The last HH level. If BTC breaks this, the HH/HL pattern is invalidated, signaling a bullish rally towards $100K.
Stay alert and manage your positions carefully!
Why "V" Shape Happened Last week in #Bitcoin ?Why "V" Shape Happened Last week in #Bitcoin ?
High Risk-to-Reward Reversal Trades
- Whales in Action: Big traders can manipulate the market to fill long positions. By driving prices down, they trigger stops/liquidations, then enter positions at favorable liquidity levels. Once the liquidity is absorbed, prices reverse upwards.
- Liquidation Levels: Massive pressure on one side of the order book can lead to price reversals after liquidation levels are hit.
- All Liquidation Levels Hit: If all liquidation levels in one direction are exhausted, there's minimal liquidity left, causing a natural price reversal.
Opportunities for Traders:
1⃣ These reversals can mark local tops/bottoms, offering high risk-to-reward trades.
2⃣ Use tight stop losses and further take profits for maximum reward.
3⃣ Increase your chances by finding confluence with other indicators or support/resistance levels.
CRYPTOCAP:BTC #BitcoinETF
Bitcoin Weekly Closed is Epic so Ready for Massive Run?Epic Weekly Close for Bitcoin!
BTC is gearing up for a massive run
If BTC holds above $56,570, we could see an impressive rally soon!
Keep an eye on the charts as history suggests sustained breakouts lead to significant gains.
#BTC #Bitcoin #Crypto #CryptoAnalysis
Bearish divergence! You know what you have to doAt 15 min. Time frame, Bearish Divergence is forming. Which is not a good thing for bulls / buyers.
Bitcoin BTC Parallel ChannelsBitcoin BTC Parallel ChannelsBitcoin BTC parallel channel, the red one is the plummeting channel, and the blue one is the falling oscillation channel.Bitcoin BTC parallel channel, the red one is the plummeting channel, and the blue one is the falling oscillation channel.
Bitcoin Following my Interesting Path prediction Now bitcoin exactly following my prediction path.. now let's see what bitcoin show next.. it's fall to 53000 or soars to 70000$ ?
Recent Idea going perfectly as Bitcoin follow my Dumping PathIn recent days I told many times about upcoming dump in crypto because of usdt.dom and btc.dom showed a significant bearish scenerio. Now the Bitcoin following my Dumping Path and if it's same in future then we'll see 52000 as next stop of Bitcoin.
Bitcoin Update on 03.05.2024Bitcoin Update 03.05.2024
A.O.A And Good Morning To All Brothers And Sisters!
Bitcoin Bounced Back As Mentioned in My Yesterday Analysis. Now As I Said Before this Can Be Just A Retracement. And At The End of Today Bitcoin Can Reach Our Weekly Reversal Point.(Red Arrow Path)
Second Scenario:
Bitcoin Can Continue up To Liquidate All Seller And Then Back To Retest Our Weekly Area. But 60841 is Very Key Point And Thats Why I Put my Stoploss On sell Trade There. If Price Break That Level then Go Up. Otherwise Reverse Before Hitting Stoploss.
Lets Check Which Scenario Follow Bitcoin.
Wish you all Very Nice Day
