BTC 100k Incoming?BTC USDT Perpetual is in long base (150+ days). 100k incoming? Longby takmanish0070
#Bitcoin Update on Wednesday 31.07.2024 A.O.A And Good Morning#Bitcoin Update on Wednesday 31.07.2024 A.O.A And Good Morning To All Brothers and Sisters! #Bitcoin continue Dropping down and After My Yesterday Analysis Bitcoin Has Confirmed the Breakout on 4H Time Frame. And Just Now Has Retest The Brekout(See Last Candle Whats Next?? Now We Have 2 Supports Arrow#3 and Arrow#4.. But if Price Reverse and Break Arrow#2. Then We Have Again Bullish Scenario. Reason Is Bitcoin has Completed Retracement on 4H but on Daily If Break Arrow#2 then Is Bull Flag. #ALTS AS i Mentioned Yesterday #Alts Can Suffer More then #Bitcoin. Many Alts Coin Are Again On Entry Point. Another Opportunity if You Missed The Entries. But i Suggest to Close The Trade If you are On Breakeven. And Reopen again when Price Break and Retest Again. I Wish You All Very Nice Day.Longby MoonTradingForecast2
btc shortdaily trend has been hit with lower highs and deviation to the upside. alts made a lower high on weekly. i am bearish but lets see it playShortby shivangbhargav111
BTC shortAfter the announcement by the US government to selling of 2 billion worth of Bitcoin, we saw steep decline in the price of Bitcoin. And currently there is no sign of upward movement. Next target could be 62k.Shortby HyBlockCap2
Bitcoin in Lots of Problems - Stay ALERT!Non- Market factors affecting the BTC price US Govt has a holding of around 200,000 BTC worth $12 Billion. Yesterday (20-07-2024), they moved 29K btcs worth $2.02 Billion to another wallet and this was the major reason for this dip along with the highest resistance at around $70,000. There are speculations that the US govt. might sell these transfered BTCs just like Germany. This is a huge fear factor. On the other hand MT gox is also repaying its creditors, this is another bearish thing, because people will sell what they will receive. Chart Analysis On the chart you can see 4 circled areas, these are all bearish movements, near range MAs crossing down long range MAs - we have discussed these multiple times in the past, these are death crosses. At present, btc price is holding and consolidating at the support level 2. Under this we have small support zones - 1-> $65,990 - Fibonacci level 0.786- Helped us in the past. 2-> $65,520 - A past support zone 3-> $64,900- $65,000 -> A liquidity support zone. 4-> A major support zone between $63,200 - $64,000 (also backed by fib level 0.618 at $63,140) This level has supported the last fall that can when Mt gox made first payment and Germany sold their btc. This is the biggest support we have at the nearest point. Since last night, bears were in high power and it is easy to create bearish fall than creating a rise, we have discussed this many times as well. As of now, the support level 2 is holding the price, all the MAs are anti rise this time and will act as resistance. There are major chances we will go down and see the major support level at $64,000. Always keep in mind the Market Maker (MM) game. When traders go bullish, they shift the market to bearish mode to liquidate them and when traders are bearish, you would see a sudden rise. Traders are always fighting against the Market. So when you feel the market is going into blood, get ready to see a sudden spike. This might bring price up bypassing the MAs but will get rejected by the support level 1. Plan accordingly.by imvijaygir0
#Bitcoin Update On Tuesday 30.07.2024 A.O.A And Good Morning#Bitcoin Update On Tuesday 30.07.2024 A.O.A And Good Morning To All Brothers and Sisters! #Bitcoin Rejected Again From Old All Time High. And Price Start Again Retracement. Now The Last Candle is Closed Under The Second Support on 4H(See. If Confirm this Breakout then We Can Start Retracement on Daily Time Frame. I Draw Just now The Support And Resistances on Daily Time Frame.(Black Lines)Arrow#1,#2,#4. But We Look After the Black Line If The Breakout of Blue Lines confirm. #ALTS If This Breakout is Confirm and Price Start Daily Retracement then Alts Can Drop A Bit Too. So As I Suggested Yesterday. Tight your Stoplosses or Put Stoploss on Breakeven. I Wish you all Very Nice DayLongby MoonTradingForecast1
What are the chances of BTC going for $54000 in coming 3 MonthWhat are the chances of BTC going for $54,000 The predictions for Bitcoin (BTC) prices in September 2024 vary significantly among analysts, indicating a wide range of potential outcomes. Price Predictions for September 2024 Changelly: The forecast suggests that Bitcoin could reach a maximum of $91,539.89, with a minimum price of $58,274.52, and an average around $74,907.21. AMBCrypto: Their analysis is more optimistic, predicting an average price of $116,791.34, with a potential high of $124,966.74 for the same month. Coingape: This source aligns somewhat with Changelly, estimating that the BTC price might fluctuate between $58,274.52 and $91,539.89, with an average of $74,907.21. Summary of Predictions Minimum Price: $58,274.52 Maximum Price: $124,966.74 Average Price: Ranges from approximately $74,907.21 to $116,791.34 Conclusion The chances of Bitcoin reaching $54,000 by September 2024 appear quite high, as all predictions indicate that the price will remain above this threshold. The most conservative estimates suggest a minimum price significantly higher than $54,000, while more optimistic forecasts predict much higher values. However, the cryptocurrency market is notoriously volatile, and actual prices can be influenced by numerous factors including market sentiment, regulatory news, and economic conditions. Shortby TradeMing1
#Bitcoin Update on Monday 29.07.2024 A.O.A And Good Evening#Bitcoin Update on Monday 29.07.2024 A.O.A And Good Evening to All Brothers and Sisters! #Bitcoin we Start the Week Very Good. But as Usual Monday Move is Allways Special. In Last 2 Candle price Just Completed the Retracment on Both Supports. Now I Think This Dump Hit a Lot Of Stoplosses. Price Now Slowly Can Starting Reversing From Here. If Not Then We Have To Wait Closing Daily Candle. Then i Will look For Support and Resistances on Dialy Time Frame. But Till Now Everything is Normal On 4H Time Frame.. #Alts In this Dump Dropped A Lot Of Dominence of Bitcoin. Thats why #Altcoins are Still Safe. As I Mentioned in My Last Analysis Real Move Of Price Start Now. Monday Evening Candle. But Tight Your Stoplosses. If You are In Profit move them on Breakeven. And Wait Tomorrow Movement. I Wish You All Very Nice Day.Longby MoonTradingForecast3
expecting BTC to touch 70k+expecting BTC to trade above 70k+ soon since it is taking nice support Longby Magesh1510-111
Bitcoin Needs More Bull Power to Cross $69,800I am sorry I could not publish charts for 2 days, however in my last update I had shared the zones to come. If you have read my last chart idea, you would knew what was going to happen. When I published my last chart we were at mark X, and I told you that there are chances BTC would move up and try to break the upper resistance and on failure it will retest the support at 1, that is exactly what happened. A tip : Always keep in mind, when you are trading, you are against the market of pros - The Market Makers. They are not normal traders, they have deep knowledge of the mindset of a normal trader. So when market gains too much green, in market language it is called Trader greed, and when market is too much red, its Trader fear. So when there is too much green they will drop the asset price and will earn from it, and when the traders are in red (shorting an asset), they will pump the price to liquidate people. You would have seen multiple times. Since I started writing charts, I am always awaring you of zones where this can happen. Let's talk about the current situation. At this moment MA20 is holding the price, however this is not the strongest of all MAs. There is a chance that we fall from this zone, and btc try to retest the lastest zone (the light orange zone with red border). The last time this zone was tested it failed, meaning this is not a solid support and hence the responsibility to hold btc price fall goes to MA50. There are very light chances this particular zone has become a good zone, but data does not show enough power here. As we know, the area of $69,800 is an old ATH of btc, and hence it has a high resistance. It will take atleast 5 attempts in normal cases or multiple hits with a good volume to cross it. Or if super charged bulls enter the market, this can be crossed within a day. I have told you before multiple times, it is easy to go red and very very difficult to go green. You can understand it like gravity, its easy to drop a thing than to make it fly. The MACD as of now shows that Bulls have reduced power and Bears are slowly gaining the control. There are huge chances we might retest the support level 1 with MA 100 hovering over it. When even market is green, MMs will dump it and when market is red and every one starts to short, MMs will do a sudden pump. Stay ALert!Longby imvijaygir1
Expecting price upsince it is breaking recent resistance and expecting should be upLongby Magesh1510-111
#Bitcoin Update On Sunday 28.07.2024A.O.A And Good Evening to All Brothers and Sisters! #Bitcoin Moved Around Our Last Week Closing Range. Yesterday Its Broked The Resistance upper Side But The Next candle Rentered agian. Now We Break Again This Range. And If Confirm then We can Continue Our Bullish Move. #Alts are Performing Very Good And We Continue Add Coins In Our Signal list. But Real Move We Can Confirm after Tomorrow Evening Candle Close on 4H. I Wish You All Very Nice EveningLongby MoonTradingForecast9
BTCUSD LIVE OVERVIEW (BULLISH)BTC is creating a Dip and its a buying trend so price should Bounce after creating a support on or near trendline. Longby jain_abhishekUpdated 2
#Bitcoin update on Saturday 27.07.2024.#Bitcoin update on Saturday 27.07.2024 A.O.A and Good Morning to Brothers and Sisters #Bitcoin Moved Perfectly how I mentioned Yesterday in My Analysis. Allhamdollilah. Now Both Resistance are Broked.(Blue Area and Old All time High). What's Next Now?? If Price Confirm This Move Then there is Another Blue Area. And I mentioned all The Resistance Point on Chart. Arrow#1,#2,#3. #ALTS Are Moving Perfectly and All Our Signals Growing up. And On The Way I send New Signals and Analysis. I Wish You All Very Nice WeekendLongby MoonTradingForecast0
BTC looks Ready to get a raise towards $68,000With all the obstacles crossed, it looks like BTC is now ready to move towards $68,000 resistance. We have seen btc moving up taking the necessary correction with every step. For this final step under zone 1, btc has almost done taking the correction and soon will start to penetrate this level to move up now. It has already tried doing that multiple times in the last few hours and failed. It will not be called a fail because these hits help in losening the resistance. Now it should be able to cross the zone 1 and reclaim the support above it. take some time off there before started the next journey which we will cover in the our morning session. In case, btc moves up we should keep in mind that there is a heavy resistance at $68,700 zone, a past ath zone. So this can and should work as a heavy resistance, pushing the price back to retest the upper level of Zone 1. or if btc kept moving with the same pattern of making steps, it should create such a mini support between the zone 1 and the resistance $68,700. There seems no chances of BTC retracting back under zone 1 as the market sentiment looks bullish and most of the liquidity is around zone 1 for as of now. So even if BTC fails to rise up, it should not fall from current level. One very important thing, that I almost forgot to cover, the MAs. We have seen multiple golden crossovers, I have covered in my past chart. One cross over that we are waiting is 100 MA crossing over 200 MA, and this will bring all the MAs in the perfect order they should be. The order from top to down should be 20,50,100,200. This shows the price is in perfect health and good to move up.Longby imvijaygir52
Bitcoin Update on Friday 26.07.2024.Bitcoin Update on Friday 26.07.2024. A.O.A And Good Morning To All Brothers and Sisters! #Bitcoin After Completing the Retracement on our Supports and Resistances Bounced Back Perfectly. And Now Broked The Resistence on 4H. And Just Rejected from the Daily Resistance(Black Line). I think The Opening of US Market Can Puch More The Price and Maybe We Can start Printing again New Highs. On The Way We Have The Resistance Blue Area. And Old All Time High. #Alts are Doing also Good. We Have Reopend Again The Last Trades On Entry Levels. I will Continue Sending new Signals after Confirmation of Uptrend. Insha Allah I Wish You All Very Nice DayLongby MoonTradingForecast1175
STRATEGY Sniper : BTCUSDT Update strategy ongoing 1. The range was respected : when the price moved outside strongly reacted by reaching our zones. 2. The inefficiency at 58.7k was recover at first range break out. This is now a interesting zone, the plot reacts every time touches it or, if overpass this levels, strong breaks. 3. The inefficiency left at 53.7k left a range, which lower bound was identify with the last higher high before the three engulfings. The price recover right after had broken the inefficiency level. 00:43by itsmcasaliniiUpdated 2
BTC BEARISH IDEABTC has entered in bearish zone again after ethereum etf went live on US market, BTC may visit 60k zone in few days. Trade carefully. Shortby HyBlockCap0
BTC bullish trend continueIt looks like, BTC will continue the bullish trend. Triangle pattern is already broken. People can follow the given targets. Longby ashishhcUpdated 2215
MACD giving signal for trend reversal, waiting for Golden Cross-The market has been playing the same since the last chart. MA 200 has been a major support, did not let BTC price to cross it. Also sent pushed it up however as discussed in the previous charts " once a support is broken it becomes a resistance ", hence our level 2 which was previously a strond support has now become a strong resistance. MACD shows a loss in Bulls potential, as the market has been in a bear sentiment for the past few days. {Always keep in mind, before taking a long jump, the price has to take a correction. This way, new buyers get the chance to get into the market and paper hands are removed.} Coming back to the chart, because MA 100, and 50 were present below the zone 2, it was hard zone due to multiple resistances and all the bull power exsausted there and because of that, the price was not able to break the upper wall of zone 2 and faced rejection (this is where we are right now). What to Expenct now? The 200 MA is continuosly providing support however, everything in this world has a breaking point. With multiple hits, even the strongest MA like 200 can be broken and psychologically setting a bearish trend is far easier than creating a bullish sentiment in the market. Most of the traders are fearful and the red in chart makes them panic and they sell causing more panic. This is dominos effect. There is a chance of a Golden cross over at the mark X , this will give a bullish push to the price. This will happen when MA 20 will cross over the MA100. This should happen near about the base of zone 2, so that the bullish power helps in breaking the resistance of zone 2 and other MAs. For the support at this point, we have 0.786 Fib level and MA 200, but they can't handle more pressure as well. The doji green candles & heavy red candles shows that bulls are finding it hard to keep up with the bears. Still the cross over in MACD is a good signal (marked). When ever the blue line in MACD crosses the orange line (signal line) from botton to up, it is a bullish signal. It should not come under orange, if that happens, we should get ready to see the $65,000 zone.by imvijaygir2287
#Bitcoin Update on Wednesday 24.07.2024.#Bitcoin Update on Wednesday 24.07.2024. A.O.A And Good Morning to All Brothers and Sisters! #Bitcoin Continue Retracement and Broked Our First Support Line Arrow#3. And Continue Dropping Down. As I Mentioned in My Last Analysis if The First Support is Broked Then We Are Going to Touch the Second One. But Till Now We Are Supported By Yellow Line Upper Then Strong Support(64854). I My Openion Price Can Drop More and Retest again 64854 before reverse. Thats Why I suggest to Wait For Buy Trades. #ALTS No New Buy trades and tight Stoplosses on You Open Trades. Don't Levarage Trades in This Situation and If You are In Profit Put Your Stoploss on Breakeven. I Wish You All Very Nice Day.by MoonTradingForecast2
200 MA being the last supportSo the market has liquidated both sides players and still going downwards even when it took support from the lower zone of point 2. The intersaction of MA 20 and 50 became its enemy and send it back to the 0.786 level of Fib just like we discussed in the last chart. The fib sent it back, and this time the level 1 acted as a resistance and btc failed to hold the position. At the current movement, btc is getting a support from MA 200 and is buring under MA 100, 50 and 20. now the level 2 is also the enemy. So btc is in such a position that it has only one friend nearby i.e. MA 200 and if it wants to go up, if has to face multiple enemies which means it require lots of positive volume. When you swim against the stream you need too much power. It would be easy for btc to fall further down and reach the $65,000 which is a light support zone, but if it goes further down, it will get the major support suzone of $63,000. The price will get some time to gather enough energy to pass all the resistances at once and reach the $69,000 once again. But this should not happen. The MA 200 should provide enough support to let the price go back and try to break the level 2 resistance once again. one major thing to keep an eye. If the cyan line (MA20) crossed the red line (MA 100) and went down, we definetly going to $63,000 zone. Too much short pressure on the market, and hence the MAAs might take advantage of it and push the price up to liquidate the short traders. Let's see in teh morning, what happens.by imvijaygir44100
#Bitcoin Update on Tuesday 23.07.2024.#Bitcoin Update on Tuesday 23.07.2024 A.O.A And Good Morning To All Brothers and Sisters! #Bitcoin Just Closed A Candle under Then Over first Support. Now Next Candle Decide if Confirem or Not. In Case If Confirm This Breakout Then The Price can drop more. Where will Be Next Support in Case If Drop The Price?? If Price Drop Then The Area Of Arrow#4 are Many Support. First one Is The Yellow Line, Second Is Strong Support 64854. The third one Is Is The blue line of 4H Support (Our Second Support Line). #ALTS can Drop More Then Bitcoin. But if You are in Spot Nothing to Worry. Tight Your Stoplosses. Or Move The Stoploss On Breakeven. I will continue Monitoring the Price and Update in gruop. I Wish You All Very Nice Day.Longby MoonTradingForecast332