BTC Cup and HandleHi traders Please go they the chart i think its cup ans Handle BreakoutLongby vishal61710
Bitcoin Price Prediction: Is BTC About To Crash Below $61K Mark?The Bitcoin price has been consistently dropping for the past four weeks. The selling pressure intensified as the bullish investors were unable to maintain the FWB:65K level. During the past five trading sessions, the price of Bitcoin has experienced a significant decline, plunging below the $65,000 mark due to increased selling pressure following the halving events. Despite a brief recovery in the previous weeks, during which the Bitcoin price attempted to break through the lower boundary of its trading range, buying pressure waned near the $67,000 level, leading to a pullback in the price. As the market continues to evolve, it remains uncertain whether this selling pressure will continue to push the price down toward the $61,000 level, or whether the bulls will step in to defend this key support level. It will be interesting to see whether the Bitcoin price suffers further declines or experiences a reversal in the near future. Fears Rising: Can Bitcoin Price Continue To Lose Gains? Bitcoin's value has dropped below $63k, causing concern among cryptocurrency traders. There has been a decrease in buy calls and an increase in sell recommendations on social media, which often indicates fear, uncertainty, and doubt (FUD) in the market. However, such signs can also suggest a likelihood of a market recovery. The weekly chart shows that Bitcoin has been trading lower for four consecutive weeks if it closes in red this week. it is going to happen for the first time since August 2023. The continued selling pressure may keep on dragging the price towards the $61K level. Upon examining the data for the last 24 hours, it is evident that the price of BTC has experienced a substantial decline, dropping nearly 2% in value. Additionally, the transaction volume inflow has also seen a significant decline of almost 24%. These findings indicate a clear lack of interest from traders and investors, which could potentially lead to a negative impact on the price of BTC in the near future. Despite the recent losses, there is a glimmer of hope in the form of positive news that is awaiting in the near future. This news could potentially turn things around and help Bitcoin regain its lost ground. This week, the volatility of BTC has significantly decreased from 70% to 50%. Looking ahead, there is a potentially positive development as the Hong Kong Bitcoin (BTC) and Ethereum (ETH) spot exchange-traded funds (ETFs) are set to commence trading next week. This news is generating interest as it could attract institutional capital from Asia. Bitcoin Price Prediction: Analysts Expect A Crash Below This Interesting Level! According to the Daily Chart, Bitcoin's price has been maintained in a range since March 2024, with the ATH acting as the upper boundary and the $61K level as the lower boundary. As a result, the price has been moving sideways for the last two months, thus failing to generate any returns for investors. Recent price action indicates a formation of lower highs, which could lead to a descending triangle pattern. The buyers' waning interest in recent sessions is evident from the multiple tests of the $61K lower range. The price prediction of our analysts assumes that the $61k level has been serving as a crucial level which once breaks may trigger a 10 to 15% correction in BTC price. However, there is some positive news on the horizon that could help the crypto market recover from its recent losses. The up move is more likely to retain if the buyers are able to surpass the $67 K. Conclusion. The Bitcoin price has experienced a significant decline due to increased selling pressure following the halving events. Currently, The market is uncertain whether this selling pressure will continue to push the price down towards the $61,000 level, or whether the bulls will step in to defend this key support level. The recent price action indicates a formation of lower highs, which could lead to a descending triangle pattern. The price prediction of analysts assumes that the $61k level has been serving as a crucial level which once breaks may trigger a 10 to 15% correction in BTC price. However, there is some positive news on the horizon that could help the crypto market recover from its recent losses and reagin the higher levels. Technical levels: Support levels: $60,958 and $52,348. Resistance levels: $67,538 and $73,295. Disclaimer The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss. Shortby Ritika_TCR0
BTC 62400 area to watch if break next area is 62000BTC 62400 area to watch if break next area is 62000. Today BTC area to watch is 62000 if break this area next levels are 61000 and 60000. If BTC sustain at this level then it can rebound towards 64000 and 66000 area. Plan accordingly, Happy Trading 😉😉Longby vikasvasusharma9
Bitcoin Bybit chart analysis April 25Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. It is wide open below the purple support line. Tether dominance is also on the rise. There is no good news coming out at 9:30 on Nasdaq today. In case of a plunge, bits may also be coupled. Please check the analysis text carefully. *Sky blue finger movement path Short->Long switching Two-way neutral strategy 1. Short position entry area of $64247.5 / Stop loss when the purple resistance line is broken 2. Long position switching at $63408.5 / Stop loss when the purple support line is broken At the top, $64940.5 is the primary target -> Top secondary target. As of now, there is no room to eat short. This is a situation where not even the slightest wave has emerged. When touching the $64247.5 short entry position at the top It may proceed according to strategy, but with a vertical fall You may fall to section 1 or Bottom. Be careful when doing long switching. Even in the case of tether dominance, an upward pattern is in progress. It's hard to die all at once Because the MACD deadcross on the 12-hour chart needs to be resolved to some extent. Even if it moves sideways today, it is good for long positions. Please keep in mind that my analysis up to this point is merely for reference. I hope you operate safely with principled trading and stop loss required. thank youby BitCoinGuideUpdated 4
#BTC/USDT MOST LIKELY TO FORM BEARISH SHARK#BTC/USDT chances to move 3 direction : 1. CHACNCE to form bearish shark after retest 60k 2. consolidation near 62500 and move to 72500$ 3. if lost 59200$ support, it will fall down to 53k level with 10 to 15% correctionby crypto_vulture_signals0
Bitcoin Bybit chart analysis April 24Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. There is no Nasdaq indicator announcement today. The beat continues to move vertically upward. NASDAQ Gap retracement and broken beat pattern And I will connect the same strategy as yesterday. For those who are short, connect $66828 to the top left. Based on stop loss when the pink resistance line is broken I think you can follow along. *Red finger movement path long position strategy 1. $66228.5 long position entry zone / stop loss when breaking out of the light blue support line 2. $67,680 long position 1st target -> Good 2nd target -> Great 3rd target Today's strategy is for MACD dead cross and 1+4 on the 4-hour chart. Section 1 at the bottom is where the entry section can be pushed. Under the condition of not touching the 6-hour center line of the Bollinger Band It may continue to rise after tomorrow. If it touches, there is a possibility of sideways movement or further decline tomorrow. Please refer to it Yesterday, I spent about 2 hours trying to find a place to enter an altcoin. If today's strategy succeeds It can continue to rise upward, right? Please note that my analysis up to this point is merely for reference and use. I hope you operate safely with principled trading and stop loss required. thank youLongby BitCoinGuideUpdated 2
Till the time 65420 is support look for 70000Till the time 65420 is support look for 70000. RSI is above 50 also showing bullishness, Macd is also showing bullishness. We can see 66500 and 67500 and 68500 70000. Plan Accordingly, Happy trading. 😉😉Longby vikasvasusharma0
BTC Stage2 Uptrend !!🟢BTCUSD has support @ 24756. About to start stage2 uptrend. 🟢It has given buy signal at 26229 on VSA Momentum indicator. 🟢Till 24750 is protected on DCB it can see 32104/35629/37622Longby TradersVenueUpdated 12
Bitcoin Bybit chart analysis April 23Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. There will be a Nasdaq indicator announcement at 10:45 and 11 o'clock tonight. Nasdaq continues to be in disarray. In the case of beats, the MACD deadcross on the 4-hour chart is pressing. We created a strategy based on major patterns. *Red finger movement path Long position strategy 1. $65288.5 long position entry zone / stop loss when breaking out of the light blue support line 2. 1st section $66,828 long position 1st target -> Top section $67,680 2nd target Section 2 at the bottom is about the 6-hour central line of the Bollinger Band. It is best if you raise it neatly at 1+4 without touching this section. There is a possibility of further decline after touching the light blue support line. Open it near the gap section at the bottom. Please note that my analysis up to this point is merely for reference and use. Principle trading, stop loss required I hope you operate safely. thank youLongby BitCoinGuideUpdated 5
Bitcoin Price Forecast: Trend Outlook Post Halving?The Fourth Bitcoin Halving has been completed and the rewards have been reduced to 3.125 BTC per block. At the time of writing, Bitcoin price was hovering close to $66 K recording a 1% dip in Intraday. The fourth Bitcoin (BTC) halving has finally taken place, marking a significant milestone in BTC's journey. As a result of the recent halving, the reward has been reduced from 6.25 BTC to 3.125 BTC per block. Despite the halving, Bitcoin is currently trading relatively flat, exchanging hands at $66,500 levels as of Apr. 23. This represents a 3.5% gain in the preceding twenty-four hours. ViaBTC successfully mined the 840,000th block on the Bitcoin network, which was the halving block. This earned the miner over 40 Bitcoins, equating to more than $2.6 million in block rewards and fees. Now that the halving is behind us, it's time to focus on what lies ahead for Bitcoin. Will its price rally in the aftermath of the halving, or are there factors that could potentially impede its upward momentum? Let's delve into these questions to gain a clearer understanding of Bitcoin's post-halving situation and determine where its price might lead in the coming days. Post Halving: Where Is Bitcoin Heading Next? The year 2024 has been a promising start for Bitcoin, with a noteworthy increase in its market value. However, the optimism has been somewhat dampened by the recent selling pressure. Financial services company Fidelity has suggested that this selling pressure might be due to miners taking profits in anticipation of the 2024 halving event. Despite All this, the overall outlook for Bitcoin remains positive, as it is currently trading above its 200-day moving average, and a bullish 'golden cross' pattern was formed in late 2023. This pattern indicates a potential upswing in Bitcoin's market value in the near future, which is good news for investors. The social dominance and social volume of Bitcoin transactions are crucial indicators of the level of engagement of social media users with the cryptocurrency market. These metrics help in measuring the extent of interest and involvement of users in Bitcoin and other crypto-assets. The BTC social dominance and social volume charts have shown a notable increase in the past few months. This indicates a growing interest and engagement of social media users with Bitcoin crypto, which can have a significant impact on its long-term growth trajectory. The increasing trend in social dominance and social volume implies a sustained interest in Bitcoin, which could potentially lead to a wider adoption of the cryptocurrency in the future. What’s Next For Bitcoin: Rise Or Fall Ahead? Bitcoin prices have typically seen an increase for several months following a halving event. However, this time around, we can expect things to be different due to a few key factors. One significant difference is the condensed nature of the price cycle surrounding this halving. Bitcoin has already seen significant growth and reached new record highs prior to the halving, setting it apart from previous cycles. This rapid growth path might affect the usual post-halving gains. Meanwhile, regulatory approvals for Bitcoin investment products, such as spot Bitcoin ETFs, have brought optimism to the market. Recent approval of ETFs in Hong Kong, along with prior approvals in the U.S., has enabled regulated retail investment in Bitcoin, potentially lowering market volatility. Conclusion The recent Bitcoin halving has been completed after which the rewards have been reduced from 6.25 BTC to 3.125 BTC per block. Despite this, Bitcoin is currently trading flat, but the overall outlook remains positive. Social media engagement with Bitcoin has increased, indicating a growing interest in the cryptocurrency. However, post-halving gains may be affected by the condensed nature of the price cycle and regulatory approvals for Bitcoin investment products. Technical levels: Support Levels: $61,959 and $57,506 Resistance Levels: $67,407 and $73,295 Disclaimer The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.Longby Ritika_TCR0
Bitcoin Bybit chart analysis April 22Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. There is no Nasdaq indicator announcement today. I explained that it was important last week Tether dominance failed to break through the main resistance line. Adjustments continue to occur. The problem is NASDAQ. Even if the Nasdaq does not crash but only moves sideways, Your strategy will have a higher chance of success. Also, the Gap1 section at the top that occurred two weeks ago and the Gap1 section that occurred last week Hold the center of the purple support line in the new gap section at the bottom Under the condition of a vertical decline in Tether dominance, We tried to operate aggressively. *Red finger movement path Long position strategy 1. Chase buy at $66022.5 / Stop loss when the purple support line is broken 2. Gap1 section $67101 1st target -> Top 2nd target Section 1 at the bottom has digits 1+4. If there is a rebound in this section, there is a possibility of further rise. Today's daily chart's central line is touched for the first time. Because it can be linked to the MACD Golden Cross We did not operate a separate short position. When you break through the top section, you can check by dragging the good section at the top. Even if a gap retracement appears at the bottom, a rebound is unlikely. There may be a further decline tomorrow. Because the MACD deadcross on the weekly chart is depressed. Please note that it may continue to move sideways for a while. Please keep in mind that my analysis up to this point is merely for reference. Please operate safely with principled trading and stop loss required.Longby BitCoinGuideUpdated 3
BUY BTCUSDBTC/USD trend analysis Overview: Weekly: - uptrend. Daily : - Price is in the downward adjustment zone and shows signs of going up. - Today's closing price is higher than ma10 with the full body candle having a larger amplitude than the previous candle, potentially signaling an upcoming daily increase. - The two MACD price lines are about to intersect, signaling the end of a correction and a shift to a new trend. - Measuring fibo from the bottom to the most recent peak will see that the 61.8 fibo level is where the price reacted strongly and formed a new bottom there and confluence with the round number area of 60,000 USD, signaling another price increase. Act - The price cuts the daily frame above MA10 after adjusting to decrease and cuts around MA10 3 times and closes above MA10 and gives one entry point to Daily order. - The nearest profit target targets the round number area of 80,000 USD and is also the amplitude area for the previous increase. buy entry: 66800.00 SL:59500.00 TP: 80000.00 The wrong scenario is when the price breaks the bottom of 60,000 USD and goes down.Longby luuvantruoc79936
Bitcoin Bybit chart analysis April 19Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. It only takes one shot, but unfortunately it doesn't come out perfect. There is no indicator announcement today on NASDAQ, and it is a position that must go up unconditionally. In case of sideways movement or further decline Please note that it may continue to decline next week. Tether Dominance touched the central line of the main peak with yesterday's movement The main resistance line was not achieved as planned. I think most of you are making profits by holding long positions. We will give you strength. *Red finger movement path One-way long position strategy 1. $645,231 long position entry zone / stop loss when breaking out of the purple support line 2. Gap 1st target -> Top 2nd target -> Good 3rd target It can fall strongly once it breaks out of the purple support line. Please be careful. When the purple support line breaks away, the green support line moves downward/ The support line prices are displayed in the following order: light blue support line section -> Bottom. Gap section Bollinger Band 12-hour center line touch to NASDAQ variable Please be careful of sudden adjustments. The top section is where the major downtrend breaks through. I wish you success in your rebound. Please keep in mind that my analysis up to this point is merely for reference. I hope you operate safely with principled trading and stop loss required. Thank you for your hard work this week. thank you Longby BitCoinGuideUpdated 2
BTC Short Opportunity BTC Short Opportunity BTC near Bearish OB of 66500 Short for Target 64800 it is very clear that BTC is respecting Bearish OB Shortby mayureshk90119
#BITCOIN BULL RUNBitcoin started a very short term correction from 14March and complete A wave on 20March and form a B wave on 8 April and make a flat correction where C wave end below 60000$.So now bitcoin is ready to break its recent life time high.Longby sahildeshwal19971
BTC Price Analysis until 28/04/2024BINANCE:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD GEMINI:BTCUSD COINBASE:BTCEUR BITFLYER:BTCJPY COINBASE:BTCGBP KRAKEN:BTCUSD BINANCE:BTCUSDC OKX:BTCUSDC OKX:BTCUSDT POLONIEX:BTCBNB I want to cover the mentioned prices with two scenario. First Scenario(in this week) is BTC will keep remain on this same price levels and eventually form a Doji(Green) by taking mentioned supports levels and resisting the Resistance price levels. Second Scenario(in this week) is while trying to maintaining its price levels there is likely wood price may break all the supports levels and directly go for the major support levels with a chances of making low mentioned on the shared price levels. Key Levels- Ongoing Resistance- $66,000-66,300 while am sharing this content. Next Resistance $67,00 and 68,000. Possible High $69,000. Support Levels- Ongoing Support $64,500 First Support $63.600 Second Support $62,800. Major Support $59,000-$60,000 Possible Low- $56,500-57,000 The above price levels are my own personal analysis kindly do not take any decision on the basis of my shared analysis and Do your own Analysis.by TradeMing0
Bitcoin, H4 update: Sideway and pump to 84000Further updates on Bitcoin's H4 trend: Bitcoin has just completed 11 waves of the FLAT correction wave in the H4 frame. Currently, a bottom has been created at $60,000 Looking at the H4 frame, we can see that Bitcoin has just continued the first 3 beats of its 5 growth beats. The TenKan and Kijun lines both intersect and the upward trend is in the ichimoku cloud area, signaling a new weak trend forming in the cloud. Forecast Bitcoin will continue for 6 beats including 3 main uptrends and 3 correction beats to the 72000 area and down to the 65000 area as shown on the chart, then return to its main wave in the 84000 area and higher. Please set sl for your account trading. Wishing you successful trading!Longby Seedian1
BITCOIN GOOD DOWN MOMEMTUM DETECTED FOR SHORTTERM ALSO FOR LONGBITCOIN SHOWING A GOOD FALL A good falling detected on bitcoin It's showing a fall due to these reason 1. It's following the triangle pattern over here 2. It's ready to break the neckline 3. After a good. Move refreshment will occur Just grab out will your own risk With a small amount Stay connected Stay happy ITS A SETUP FOR SHORT TERM ALSO FOR LONGTERM Follow for more A good falling detected on bitcoin It's showing a fall due to these reason 1. It's following the triangle pattern over here 2. It's ready to break the neckline 3. After a good. Move refreshment will occur Just grab out will your own risk With a small amount Shortby tradergyan01111
#Bitcoin Bull Flag Analysis #Bitcoin Bull Flag Analysis The #BTC Bull flag is currently holding $60,000 price Level. A bull flag is forming with a target lying around $1,18,000 For this pattern to play out CRYPTOCAP:BTC must be above $60,000 Level. Note: If break $60,000 level then ready for $45000 Like/RT if you agreeEditors' picksLongby CryptoPatel478
BITCOIN CHARTafter a halving, bitcoin initial view is looking good, i have marked levels on the chart, which you can add to your watchlist and do your own analyses.Longby DINESHKIROLA1111
BTCUSD ready for upside move, exit from sell trades On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hitby JaiPrakashShuklaHarmonicTrader2
High Leverage Long for BTC63000 (specifically around 63300) or there about seems to be a very good spot now for a high leverage long. See the line reclaim, the line has held. THE LINE HAS HELD, so far. Assuming the line will hold, this is a spot to accumulate High leverage longs to hold to well beyond the range highs. 80K, 100K? Who knows, until the 20 SMA breaches and the momentum daily TF cools down.Longby xTako0
Bitcoin is now bound between a channel $61k-$73k.After touching a low of $60k, Bitcoin has now bounced back taking $61k as its new support zone. However, there is a resistance near $73.2k. A move above $73.2k would signal a price rally towards $80k followed by $100k. However, we expect the second target of $100k only to materialize towards the end of the second half (Nov-Dec) of 2024. A move below $61k would signal a breakdown in prices and Bitcoin might movby dhirendradas0070