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1-BTCUSD

Imagine new retrace to find out new $$ in next weekswe like to see market as simple as possible, take some profit if you buy in dip and wait enough to trend makes buy in the dip do not FOMO and also be carful about manipulation don't forget that market is moving because of manipulation specially for those retailers who save roughly and loss easily. anyway I have lots of prediction and scenario for next weeks but my favorite one is to buy BTC lower again and can get profit during these waves in this clear channel.
Long
by Sepiknows
where is bitcoin going.Bitcoin on the Verge of a Potential Bullish Breakout: A Strategic Approach to Market Movements As Bitcoin continues to garner widespread attention in the financial markets, it finds itself approaching a pivotal price range. A breakthrough above the $70,000 to $71,000 level could signal the beginning of a new bullish phase, fundamentally altering the chart structure that has been in place for some time. This price zone serves as a critical threshold, and if Bitcoin manages to decisively close above this range, it would effectively mark the first “higher high” in what could be a prolonged uptrend, thus breaking the previous lower highs formation. The significance of this event cannot be understated as it would indicate a substantial shift in market sentiment and structure. Why the $70,000-$71,000 Range is Crucial For technical analysts and traders alike, this $70,000-$71,000 range is more than just a psychological barrier—it represents a key resistance zone that has held firm, preventing Bitcoin from moving higher. A successful move beyond this level would demonstrate that the bulls have regained control of the market, which could set the stage for a potential rally. However, caution is paramount at this stage. While breaking through resistance is a strong bullish indicator, it is important to remember that Bitcoin’s price has already been rising for an extended period—over 75 days—making the market ripe for a possible correction. Historically, price corrections often follow long rallies, as early buyers take profits and new participants in the market hesitate to jump in at high prices. Therefore, jumping into Bitcoin the moment it breaks $70,000 might not be the best strategy. Instead, a more prudent approach would be to wait for the market to cool off and establish a new support level before considering an entry point. Strategic Implications: Why Altcoins Hold Better Risk/Reward Potential Rather than focusing on Bitcoin itself once it breaches this key resistance, our attention should shift towards Altcoins and low-trading pairs or projects. Many Altcoins tend to trade in correlation with Bitcoin but often lag behind in their price movements. This lag creates opportunities for investors who are looking to maximize their risk/reward ratio. Altcoins that are currently trading near support levels or are significantly undervalued compared to their historical highs could offer a more attractive entry point than Bitcoin, especially if the broader crypto market sentiment turns bullish. It is essential to note that entering Bitcoin at the $70,000-$71,000 level carries significant risks. This is the area where many traders might get caught in a “bull trap,” where a false breakout occurs, leading to a sudden price reversal. Therefore, instead of longing Bitcoin at this point, we look to position ourselves in Altcoins that are trading near support levels, as these assets are likely to experience stronger price appreciation relative to Bitcoin, especially during the early stages of a bullish cycle. The Importance of Patience: Only Enter After Corrections at Support Levels Even if Bitcoin breaks through $70,000 and the market sentiment shifts to bullish, it’s important to emphasize that we do not advocate for immediate entry. Given that Bitcoin has been in an upward trajectory for over two months, a correction becomes more probable with each passing day. Smart investors wait for pullbacks and corrections to establish their positions rather than buying into strength at resistance levels. In essence, the strategy revolves around waiting for Bitcoin to correct back to a support level after the breakout, and only then considering an entry point. Buying at support offers a more favorable risk/reward ratio, as it allows investors to set tighter stop losses while providing greater upside potential during the next wave of bullish momentum. Understanding the Risks: What Happens if Bitcoin Fails to Hold Above $70,000? While a move above $70,000 is an encouraging signal, it is crucial to recognize the downside risks if Bitcoin cannot hold above this level for an extended period. Until Bitcoin closes firmly above $74,000, there remains the possibility of a sudden crash or sharp pullback. This scenario is particularly relevant if the price action turns into a false breakout, where Bitcoin rises briefly above resistance only to quickly reverse and plummet below previous support levels. In such cases, the lower-low scenario would come back into play, suggesting that the recent price movement was a temporary relief rally rather than the start of a new bullish trend. Traders need to be cautious and avoid being overly optimistic until the breakout has been confirmed with sustained price action above critical levels. A New Map for Market Movements: Removing the Lower-Low Scenario The one positive change that would emerge from a bullish breakout of the $70,000-$71,000 range is the removal of the lower-low scenario. In technical terms, a break above this range would eliminate the possibility of a continuation of the downtrend that has characterized Bitcoin’s price action in recent months. This shift is significant as it suggests that the market has bottomed out and is now preparing for the next phase of growth. However, the elimination of the lower-low scenario does not mean that we are in the clear. The focus should still be on identifying strong support levels where price corrections can be used to establish new positions. The key takeaway is that we do not buy into Bitcoin at resistance, but rather wait for it to correct and provide a clearer entry point at support. Final Thoughts: Staying Ahead in the Crypto Market Navigating the volatile world of cryptocurrency requires not only technical analysis but also discipline and patience. While Bitcoin’s potential move above $70,000 could open the doors to additional growth, it is important to stay grounded in a well-thought-out strategy. Rather than rushing into the market at a potential breakout, we should remain focused on identifying strong support levels for entry, both in Bitcoin and in undervalued Altcoins. The crypto market is constantly evolving, and the best opportunities often arise from moments of caution and waiting. As long as we adhere to the principle of entering at support and not resistance, we stand a much better chance of achieving a favorable risk/reward outcome in the long run. Whether Bitcoin soars or stumbles in the coming weeks, the key will be in the timing and execution of our market entries. For now, Bitcoin remains below the critical levels, and the lower-low scenario is still in play. Only time will tell how the market unfolds, but by adhering to these strategic guidelines, we position ourselves for success regardless of the outcome.
by lonelyPlayer0
BTCUSD—Greed Zone 73: Correction More Likely Than Pump to 70K?GM crypto bro's, happy weekend! This morning, the fear and greed index stays in the greed zone at 73, while the Stoch RSI is still comfortably in the overbought area like yesterday. Looking at today's price action, it seems quite challenging for BTC to pump to 70K. The probability of a correction is higher than the potential for another pump, but in the crypto market, nothing is impossible. Keep in mind that the market is dynamic—don’t FOMO, always manage your risk, and as always, this is Akki signing off—one chart, one love. Have a nice day and stay SAFU.
INDEX:BTCUSD
by x_Akki
TONUSDT Price Dynamics Leading Up to the Anticipated AltseasonTONUSDT has rebounded from its support level and is now hovering just below the significant psychological barrier at 6.00. The market currently finds itself in an accumulation phase, and a break above this crucial level could ignite a bullish rally. This signals the possibility of the market preparing for the next altseason. The price is also forming a compression pattern, resembling an ascending triangle. The rising trendline underneath has held as support for about a week, and if the price retests both the support and the trendline, I expect a bounce followed by a continuation of the upward move. My target lies within the resistance zone at 6.180.
Long
by lonelyPlayer0
BTC Short to 45k The BTC mining industry currently incurs the following production costs per BTC: Power cost: $23,000 Hardware cost: $20,000 Historically, BTC's market price has aligned with its production cost on at least four occasions. This pattern is especially evident after halving events, where the price tends to reach or hover around the production cost level. The consistent correlation between BTC's price and production cost is a significant indicator for technical analysis, suggesting a critical support level in market behavior.
MARKETSCOM:BITCOINShort
by Satonyx
2
BTC: MACD Signals Aligning for a Potential Buying OpportunityLooking at several factors in parallel, BTC’s MACD is showing promising signs. The fast-moving average has started to curl up, suggesting a possible bullish cross above the slower line—typically a strong buy signal. The histogram has also been in the red for several weeks but is now curling upward, and we could be looking at our first green week. However, the lack of a significant volume increase means there’s no clear confirmation of a trend reversal just yet, and we aren’t seeing the momentum required for new higher highs or all-time highs. But if these signals continue to align, this could turn into a fantastic buying opportunity. The question is: will you take buying or selling actions based on these signals?
by cryptechcapital
Is Bitcoin's Breakout from Accumulation Channel a Sign of FurtheBitcoin, the world's largest cryptocurrency, has recently surged past the $68,000 mark, setting a new local high and confirming its bullish uptrend. This significant breakout has ignited excitement among analysts and investors, who are closely monitoring the cryptocurrency's next moves. As Bitcoin continues its ascent, many are speculating about the potential for further gains and the factors driving this momentum. One of the key factors contributing to Bitcoin's recent price surge is its breakout from a long-term accumulation channel. This technical pattern, which has persisted for over seven months, indicates a period of consolidation and accumulation before a potential price increase. By breaking out of this channel, Bitcoin has signaled a shift in market sentiment and a renewed bullish momentum. Analysts and experts are closely examining various indicators to gauge the strength of Bitcoin's uptrend and identify potential resistance levels. The Relative Strength Index (RSI), a momentum oscillator, is currently hovering near overbought levels, suggesting that a short-term pullback may be necessary to consolidate gains before further upward movement. However, the overall trend remains bullish, and a break above the previous all-time high of $69,000 could signal a more extended rally. In addition to technical analysis, fundamental factors are also playing a role in Bitcoin's price appreciation. The growing adoption of cryptocurrencies by institutional investors and corporations is driving demand for Bitcoin as a store of value and a hedge against inflation. Moreover, the increasing use of Bitcoin for payments and remittances is contributing to its mainstream acceptance. However, it is essential to approach the current Bitcoin rally with caution. The cryptocurrency market is highly volatile, and prices can experience significant fluctuations. While the long-term outlook for Bitcoin remains positive, short-term corrections are a common occurrence. Investors should be prepared for potential pullbacks and have a well-defined risk management strategy in place. As Bitcoin continues its upward trajectory, several key factors will likely influence its future price movement. The regulatory landscape, particularly in the United States, will play a crucial role. Favorable regulatory developments could further fuel Bitcoin's adoption and price appreciation. Additionally, the macroeconomic environment, including interest rates and inflation, will also impact investor sentiment towards risk assets like Bitcoin. Furthermore, the competition from other cryptocurrencies cannot be overlooked. While Bitcoin currently dominates the market, the emergence of new and innovative projects could potentially challenge its position. The development of scalable blockchain solutions and the introduction of new use cases for cryptocurrencies could impact Bitcoin's market share. In conclusion, Bitcoin's recent breakout from a long-term accumulation channel has ignited excitement and speculation about its potential for further gains. While the overall trend remains bullish, investors should approach the current rally with caution and be mindful of potential risks. By carefully considering technical analysis, fundamental factors, and the competitive landscape, investors can make informed decisions about their Bitcoin investments.
CME:BTC1!Long
by bryandowningqln
Will history repeat itself ? (A look at Bitcoin Halving)What is bitcoin halving? Bitcoin halving is a major event that occurs every four years on the Bitcoin network. It involves the reduction of the block reward that miners receive for adding new blocks of transactions to the blockchain. The block reward was initially set at 50 BTC when the Bitcoin network first launched, and it has been halved twice since then. The first halving occurred in November 2012, reducing the block reward to 25 BTC, and the second halving occurred in July 2016, reducing the block reward to 12.5 BTC. The most recent halving occurred on May 11th, 2020, and reduced the block reward to 6.25 BTC. This process is designed to keep the total supply of bitcoin limited and controlled, helping to preserve its value over time. It is a significant event in the Bitcoin community and is often seen as a catalyst for price movements in the cryptocurrency market. The price of bitcoin has historically trended upwards in the months and years following previous halving events. For example, the price of bitcoin began to rise significantly in the months leading up to the first halving event in November 2012, and it continued to climb in the years following the event. Similarly, the price of bitcoin increased significantly in the months leading up to the second halving event in July 2016, and it reached an all-time high of almost $20,000 in December 2017, several months after the event. In the above chart, we can see a similar pattern with each Bitcoin halving cycle. In the first halving cycle the price of bitcoin was trending downward until the halving event and after the halving, it started moving upward and reached the peak price of around 1100 USD and started the downtrend for the upcoming bear run till the next bitcoin halving cycle. Similarly in the second halving cycle bitcoin started moving upward after the halving and reached the ATH price of around 20,000 USD and initiating the next downtrend cycle. And in the latest halving cycle the price moved downward until the halving cycle and started moving upwards after the halving and reached the ATH of around 69,000 USD and initiating a new bear trend. Currently, we are in a bear market (crypto winter until the next bitcoin half which is supposed to occur on April 2024, we can expect a clear uptrend after the bitcoin halving cycle and to reach a new ATH. In my personal opinion, this is a great opportunity to invest in Bitcoin and increase your overall bitcoin holdings. If history repeats itself then we will see a new ATH in the next 2 years. (Based on past data bitcoin tends to hit new ATH within 1 year of the halving) Stay tuned for more long-term crypto analysis and education content. Thanks Hexa
BITSTAMP:BTCUSD
by HexaTrades
9
Replace a 100 000 USD salary with income from trading🔸 Develop a Strong Foundation in Forex Trading Before considering Forex as a full-time source of income, it’s essential to build a solid foundation in trading. ▪️Learn the Basics: Understand Forex fundamentals such as how currency pairs work, how to read charts, how the market operates, and how global economic events affect price movements. ▪️Master Technical and Fundamental Analysis: Study technical analysis (price action, indicators, chart patterns) and fundamental analysis (macroeconomic data, interest rates, geopolitical events). This allows you to make informed trading decisions. ▪️Study Risk Management: Managing risk is crucial to avoid catastrophic losses. Learn how to calculate position sizes, set stop-losses, and limit leverage. Most professional traders risk no more than 1-2% of their capital per trade. ▪️Backtest and Paper Trade: Test your trading strategies on historical data and in demo accounts to ensure they are profitable over time. This will help you refine your approach without risking real money. 🔸 Create and Test a Trading Strategy A successful trading career requires a well-defined trading strategy. This is critical for consistency and profitability. ▪️Define Your Trading Style: Determine whether you are a day trader, swing trader, or position trader, based on your risk tolerance, time availability, and financial goals. ▪️Build a Strategy Based on Time Frames and Setups: Whether you focus on scalping, trend trading, or breakout strategies, you need a strategy that works for your trading style. Be sure to incorporate indicators (moving averages, Fibonacci retracement, RSI) and a risk-reward ratio. ▪️Test the Strategy: Test your strategy on demo accounts or paper trade until you have confidence in its profitability over the long run. A good strategy should consistently deliver positive results over several months and market conditions. 🔸 Accumulate Enough Capital Forex trading requires sufficient capital to replace a salary and generate consistent income. ▪️Set Realistic Capital Requirements: The amount of capital you need will depend on how much monthly income you need and how much risk you are willing to take. Generally, to replace a full-time salary with Forex income, you will need significant capital (likely in the range of $50,000–$100,000 or more). This amount allows you to generate enough returns without taking excessive risks. ▪️Calculate Your Required Return on Investment (ROI): Let’s say you need $3,000 per month to replace your salary. If you have a $100,000 account, you would need a 3% return per month. If your account is smaller (e.g., $10,000), you would need a much higher (and riskier) 30% return, which is unrealistic in the long run. ▪️Use Leverage Cautiously: Leverage can magnify both profits and losses. While Forex brokers often offer high leverage (e.g., 50:1, 100:1), it’s essential to use leverage cautiously, as it can lead to significant losses if a trade goes against you.
Education
by ProjectSyndicate
8