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BMC1! trade ideas

THE IMPORTANT BTC GAPS ARE GOING TO FILLBitcoin ( CRYPTOCAP:BTC ) recently plummeted to $49,000 due to rising US unemployment rates and a fall in the Japanese stock market. However, BTC is now recovering, bouncing back from the oversold area. This recovery indicates it's time to fill the gaps between the $58,500 and $62,600 levels. In the crypto market, gaps tend to fill quickly, suggesting an imminent bullish movement for Bitcoin. Next targets are 62600 & 69000 , if breaks we are going to see new all time high. Mostly ATH will come in November.
CME:BTC1!Long
by crypto_vulture_signals
BITCOIN BTC on CUP & Handle Pattern | Target 1,21,00 $As per Technical analysis on weekly timeframe on BTC. I think BTC might go in an upward direction CUP & Handle pattern formation found. Now, BTC at 70000$ Also, Check my previous BTC target at $70,000 Keep Using SL and always remember below points Imp. Note: This analysis is provided for informational purposes only and does not constitute a direct recommendation to buy or sell stocks. Investors should conduct their own research and consult with financial advisors before making any investment decisions, as market conditions and individual circumstances may vary. Market Risk: However, it's important to acknowledge the inherent risks associated with investing in the stock market, including but not limited to volatility, economic downturns, regulatory changes, and unforeseen events that can impact stock prices. It's crucial for investors to remain vigilant and diversify their portfolios to mitigate potential losses.
CME:BTC1!Long
by NaveenTTR
BTC UpdateA new CME gap has formed around $67,630. Currently, there are two nearby gaps at $67,630 and $63,550. It's worth noting that approximately 90% of CME gaps tend to be filled sooner or later, whether it's within a week or a month. Keep this in mind. Regarding BTC, I anticipate it will touch the upper trendline of this symmetrical triangle or even surpass it, but it could be a fake out. There's a possibility of rejection around $74k or $75k, at which point I'll be looking for short trades. Following that, BTC may proceed to fill both CME gaps entirely and prepare for new all-time highs within the next six months.
CME:BTC1!
by Rushilism
BTC LongOld Short-Trade Update and Long-Term Plan: The CME Gap is anticipated to be filled at 64,210. I have closed 80% of my short position at 65,551 and am now planning to initiate buying orders. Key levels to monitor include 64,210, 63,411, and 61,051. As for the stop-loss, it remains undetermined at this stage, and I will provide updates upon closing my positions. While this move is expected, there is a possibility of further downside, so it's crucial to trade cautiously and at your own risk. Riskier Short Trade: There's a chance it will descend from 68,400. I will be looking for one final short trade from that level. However, it's important to note that this trade carries higher risk, and only experienced traders should consider attempting it.
CME:BTC1!Long
by Rushilism
BTC LongI was shorting BTC from 70k. You can check my previous posts. Now, we might see a change in trend. The CME Gap will be filled at 64210, where I plan to close 80% of the short position and initiate buying orders. The levels to watch include 64210, 63411, and 61051. As for the stop-loss, it's undetermined at this stage, and I'll provide updates upon closing my positions. While this move is expected, there's a possibility of further downside, so trade cautiously and at your own risk.
CME:BTC1!Long
by Rushilism