#BTC/USDT FORMED BULLISH DIVERGENCE #BTC/USDT formed bullish divergence, now pull back is coming almost 65000$ will be retested. mostly grab liquidity.
XBTUSD_LMAX trade ideas
Bitcoin Price Prediction And Oscillators EvaluationIn particular, Bitcoin has successfully surpassed the $60,000 mark, which had served as significant psychological and technical support during the 2024 bull market. Nevertheless, the ascending trendline was broken and started to decrease due to the 20-day and 50-day EMA's dyynamic push from upside. This deterioration has heightened the pessimism in the market.
The chart shows Bitcoin dropped 3.72% in intraday to about $57,580 (At press time), with the 100-day Exponential Moving Average (EMA) very nearby. Schiff also cautions that if the price remains consistently below this moving average in the coming sessions, it would confirm the bearish trend and could bring an end to the current rally, possibly ending the bull market for the foreseeable future.
Bitcoin Price Prediction And Oscillators Evaluation
If Bitcoin is unable to reach the $60,000 mark again from a technical perspective, the next significant level of support is at $51,950. This signifies a notable decrease from recent peaks, and dropping to this point could spur more selling.
However, a bounce back from the present levels needs to surpass the $60,000 resistance to dispel the negative outlook. If Bitcoin manages to surpass this level, it may try to break through resistance levels around $64,000 and $66,000, bringing some hope to bullish investors.
According to the oscillators, the BTC asset is displaying bearish characteristics as MACD has sloped below zero line, which is at -1250.4. Meanwhile, the RSI is falling smoothly taking rejection from 14-SMA, which is robustly implying that the BTC asset is losing momentum and can achieve lower level.
Bitcoin Bybit chart analysis April 30Hello
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Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 11pm tonight.
After touching the center line of the Bollinger Band daily chart,
It is falling vertically.
It continues to flow without any entry point.
I wish I hadn't come to this place
In the end, we came down to the nearby area again.
Tether dominance also reached the section just before the mid-term upward trend.
Either completely break out of the green support line today or
If the rebound fails, go to section 2 at the bottom.
Please be careful as it may continue to flow.
*Red finger movement path
One-way long position strategy
1. $60,139 long position entry zone / stop loss when breaking out of the green support line
2. $63,112 long position 1st target -> Top 2nd -> Good 3rd target
Section 1 at the bottom is
This is a place where a downward tail rebound can occur.
Please note that if the rebound fails, the flow may continue.
Today, support is within the green support line.
It is best for long positions.
Please note that my analysis up to this point is merely for reference and use.
I hope you operate safely with principled trading and stop loss required.
thank you
#BTC/USDT BULLISH DIVERGENCE FORMED#BTC/USDT formed bullish divergence and mostly one pullback will come around 62000$ grab liquidity.
Juicy buy zone in the cardsRed dotted line is the major trend line. The juicy buy zone is where the major trend line intersects with the downward channel (between the orange lines). It ‘s a logical area for a gigundo bounce … represents about a 26% correction … purrrrrfect!
BTC/USDHello guys hope we are all good this is VHT your mentor and i am here with another banger analysis. so i released an analysis on BTC/USD about going short and the market has gone to do it guys the market is respecting our setup currently im floating about 9% return on investment i am super excited and grateful that the market is respecting our setup guys for those of us who took the analysis, i hope we are all eating well guys. Currently my stoploss has been moved to break even guys and waiting to see how far it can go guys. VHT your mentor signing out
Bitcoin Bybit chart analysis April 29Hello
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Bitcoin 30-minute chart.
There is no Nasdaq index release today.
MACD dead cross was engraved on the weekly chart.
Nasdaq also seems to be in a good mood,
We will aggressively try to capture the bottom.
Instead, the downside is open and there are many variables,
Please read the analysis carefully.
*Sky blue finger movement path
Two-way neutral
Short->Long switching strategy
1. Short position entry area of $63,201 / Stop loss when the orange resistance line is broken
2. Long position switching at $62,174 / Stop loss when the green support line is broken
At the top, $63,997 long position primary target -> Top section secondary target
Don’t get off right away at your current location.
If you come down without touching 63.2K
62.1K Long position waiting (if short entry slightly fails)
If it falls immediately from the current position
Section 1 at the bottom is where a downward tail rebound can occur.
Check if it breaks out of the light blue support line.
If you touch or leave the bottom section today
There may be a mid-term downward trend after tomorrow.
Those operating long positions should be careful.
The boring sideways movement continues.
If you succeed with your strategy today, you will feel comfortable starting tomorrow.
You may proceed with purchasing additional altcoins.
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 you
BITCOIN Looks read for $100000COINBASE:BTCUSD
Wave 4 Correction looks over.
Shall be heading Higher in Wave 5
To $100000
Bitcoin Bybit chart analysis April 26Hello
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Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 9:30 tonight.
Both Tetherdominance and Bitcoin are on the brink.
I think the impact of NASDAQ will be the most important.
This is a position with a very high possibility of sideways movement.
Even in Tetherdominance
It has failed to break through the long-term resistance line and is currently adjusting.
If it does not break through the resistance line on the 1-hour chart
Because it is likely to fall
We took a stop-loss strategy and proceeded with an upward strategy.
*Red finger movement path
One-way long position strategy
1. $64167.5 long position entry area / stop loss when breaking away from the purple support line
2. $65999.5 long position primary target -> Top secondary target
If the current position moves sideways or supports
From a long position perspective, it is unconditionally advantageous.
If you drag the chart as a whole,
Although it is not visible on the screen, I have left the prices of major support and resistance lines.
If you succeed with today's strategy, start by touching the Good section.
This is a position to break through the mid-term downtrend.
I bet on the Nasdaq rising wave.
Section 1 at the bottom is a sideways section,
Bottom is the Bollinger Band 12-hour chart after 9 p.m.
Please check the shape of the support line.
Please note that my analysis up to this point is merely for reference and use.
I hope you operate safely with principled trading and stop loss required.
Thank you for your hard work this week.
thank you
bit coin 4h here is my analysis of bit coin ; what do you think about it ? it gonna start its journey to 100K mark
#BTC/USDT is consolidating#btc/usdt showing strength to move upwards till 64800$ if it cross next resistance is 67500$..
in case goes below to we can see retest around 62500$
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.
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 😉😉
Bitcoin Bybit chart analysis April 25Hello
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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 $64247.5 short entry position at the top
It may proceed according to strategy, but
with a vertical fall
You may fall to section 1 or Bottom.
Be careful when doing long switching.
Even in the case of tether dominance, an upward pattern is in progress.
It's hard to die all at once
Because the MACD deadcross on the 12-hour chart needs to be resolved to some extent.
Even if it moves sideways today, it is good for long positions.
Please keep in mind that my analysis up to this point is merely for reference.
I hope you operate safely with principled trading and stop loss required.
thank you
#BTC/USDT MOST LIKELY TO FORM BEARISH SHARK#BTC/USDT chances to move 3 direction :
1. CHACNCE to form bearish shark after retest 60k
2. consolidation near 62500 and move to 72500$
3. if lost 59200$ support, it will fall down to 53k level with 10 to 15% correction
Bitcoin Bybit chart analysis April 24Hello
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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 you
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. 😉😉
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 32104/35629/37622
Bitcoin Bybit chart analysis April 23Hello
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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 you
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.
Bitcoin Bybit chart analysis April 22Hello
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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.
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.
