Bitcoinidea
BTCUSD WEEKLY ANALYSIS Hello trader here is my setup of Bitcoin as you can see the price has broken the resistance zone that was tested 2 times and the price has done a pullback to that resistance zone so now it will act as support at this stage I am only looking for bullish opportunities only.
Bitcoin Quote 😶🌫️Ladies and Gentlemen,
Today, I want to share with you a story about the world of trading investments. It's a realm filled with highs and lows, truth and deception, clarity and confusion. In this game, the reality is often obscured by false signs and misleading indicators. But through it all, one thing becomes clear: it's just a game. A game of life.
We venture into this world with aspirations, hoping to make the right choices, to spot the genuine opportunities amidst the noise. But what is it all for? What are we trying to prove? At the end of the day, it's about who comes out on top, for the winner takes everything.
So, can we be winners or losers? The answer lies in our mindset. Losing happens when we give up, when we let go of our dreams and aspirations. As long as we persevere, we keep the possibility of winning alive.
As the great Winston Churchill once said, "Success is not final, failure is not fatal: It is the courage to continue that counts."
Embrace this journey, face the challenges head-on, and never let temporary setbacks define your future. Remember, every step you take, every effort you make, brings you closer to your goals.
Karma.
Bitcoin on the edgeAs is often the case, we're back to discussing the future of your digital gold. Where is it headed?
We can approach this question from several angles: analyzing Bitcoin's current situation from either a fundamental or technical perspective.
For now, let's focus on the technical side.
Looking at the chart, I identified the price level to which Bitcoin was most sensitive in 2021. My analysis clearly points to one specific level:
$59,000
Three years ago, this price level triggered a 50% correction first, followed by a 30% correction.
The good news is that it has tried to break down once in the beggining of may, but it is holding for now.
The bad news is that the price action indicates sellers are currently in control, as evidenced by the steadily declining price.
The bottom line: Wait until the situation becomes clearer. It has been almost three months since this balance period started, and it will likely resolve sooner rather than later.
Stay tuned, and I will update this post with fresh price action news!
#BTC/USDT Latest Update.#Bitcoin: I've said it many times, don't get distracted by short-term price action.
The price is likely to hit the $100k mark this bull run.
Don't give up when opportunities arise!
I'm still holding my longs on LSE:ONDO , NYSE:FET , CRYPTOCAP:DOGE , CRYPTOCAP:RNDR and $INJ.
CRYPTOCAP:DYDX Stop loss hit, considering a re-entry.
I will also accumulate long in $NEAR.
I'll be out for the day, but if anything important comes up, I'll post from my phone. Catch you soon.
Cheers!
Do hit the like button if you want me to post more Altcoin Trade Setups.
#PEACE
BTC IS JUST SHAKING YOU OUTDON'T GET SHAKEN OUT. You just need to know that, and i think it's enough. Bitcoin is testing your patience, and it can probably drop a bit more before a strong upside moves that will lead the price above $75.000. Every dip is now an awesome gift, and doesn't matter how deep the price can drop now, we are going up and we will reach new ATH in some weeks/months
The Bitcoin BoxA continuation of my last post "The Fink Line In The Sand" -- Price action to me still looks good - Seems to play into the wyckoff accumulation patterns as well as just sideways waning velocity. Taking time off the clock for a move higher... the longer it stays in this box the more confident I get... wen 100k
COINBASE:BTCUSD
Bitcoin looks set to rally above 60kWe all know of the strong rally that catapulted to a fresh record high in March. Yet price action since appears to be corrective. Whilst we do not yet know if this is simply the first leg lower of a complex correction, or it is set to break to new highs - only time will tell. However, it appears set for a leg higher over the near term.
Volume retreated with prices since the March high, which is a typical characteristic of a retracement. Yet a final stab lower found support at the 100-day EMA, 38.2% and 50% retracement levels before a mini V-bottom formed. This also coincided with RSI (14) hitting oversold, which I define as below 40 during an uptrend.
The prices have since retreated lower from the rally back above 65k, and showing signs of stability above 60k. The retracement held above the 61.8% Fibonacci level and are now holding above the 50% level.
Bulls could enter live at market with a stop below 60k (or recent swing low) with an initial target at 65.5, a break above which brings 68k into focus - or the highs near the high-volume node.
BITCOIN Comprehensive Technical AnalysisHello everyone.
First of all I should say happy new year (Nowrooz) to all iranian people around
the world specially iranian traders community.
Im going to explain how will BTC behave in coming months according to
Elliot wave principles.
As you know wave analysis act better in higher timeframes like Weekly.
So I want to take a look at BTC price action from Nov 2022 that new Elliot Motive wave starts.
You can see the end of wave 3 of a 5 wave move in picture below:
so we are now in the end of a wave 3 in 161.8% fibonacci projection level from the end of wave 2.
furthermore we will have price correction as wave 4.
this wave 4 can be end in 57000 level that is a strong support level and most Fibo retracement levels compress here.
there are a lot of reasons that we will have a bullrun in coming months :
The most important one is Bitcoin Halving and the second one is inflows from approved ETFs
and last one is expected Federal rate cuts.
In chart below you see the overlay levels of Fibo that price will target soon.
Overall in my opinion after a correction to 57000 level as wave 4 , price will go forward to 3 targets ahead as wave 5 (100% level of wave 1) : 85000 , 100000 and 115000.
the most probable target level is 115000 (100% Fibo projection of wave 1)
after that price will correct till the range of wave 4 means 57000 again.
this level (I mean 57000 to 60000) will convert to a strong support level after the price correction.
Hope you like this opinion.
you should make decision on your own opinion but I will be happy if you share your views in comments with me.
Thank you for reading this analysis.
Have good trades
BTC Bitcoin Technical Analysis and Trade IdeaBTC Bitcoin exhibits a robust bullish trend on the daily timeframe. Our primary objective is to pinpoint a buying opportunity that aligns with this trend. Assuming price action unfolds as outlined in the video analysis, favorable trading conditions are expected. The video delves into essential elements such as trend analysis, price action insights, market structure, and a potential trade setup. Always practice prudent risk management when trading, and remember that this information serves purely educational purposes and is not financial advice. 🚀📊
BITCOIN Looking Bullish But Could it Fake Out?BYBIT:BTCUSDT.P
Interesting Bull Flag on $BTC. A Build Up at Rectangle would be an interesting play to Capture Target to ATH and Possible 96K CRYPTOCAP:BTC as a measured move. Looking for Candlestick Formation to decode price. Price takes time but it's such a great signal. Patience is such a big habit in Trading - let price come to you!
Should CRYPTOCAP:BTC pullback, possible short ideas on Altcoins and then a possibility to get in on them at discounted levels. I watch a few Alts so that I have a clear plan to Execute.
When planning moves we must consider the possibility of failure and you must manage risk and remember that CRYPTOCAP:BTC rules the show. Currently, CRYPTOCAP:BTC is sitting in a Bull Flag but price is in the pattern until it isn't so in the event of a pullback, we would look for a discounted entry on CRYPTOCAP:BTC and/or Alts.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
AOV - Area of Value
LTF - Lower Time Frame
Bitcoin rallys , bullish trend about to developBINANCE:BTCUSDM2024
My last post on may 16th where bitcoin pulled out itself from regression trend and hit almost 67000 breaking the market structure , i have noticed several shifts indicating a bullish run as long as btc shows above 63000
So if you want to go long prepare for a good position around 63350-63450 range
Bitcoin Eyes Resistance at $71K or $73K?"www.tradingview.com
Bitcoin has finally exceeded 65,000, giving rise to the resumption of the upward trend in accordance with the pattern formed this year on the daily chart.
we can see bitcoin at the level of 74,000 in the coming weeks.
Bitcoin appears to be exhibiting strong bullish signals. Increased interest and a favorable fundamental backdrop could contribute to price strengthening. It's prudent to monitor specific levels closely, as breaking through them may signal further movement, with corresponding targets outlined on the chart.
Bitcoin Range Theory - BTC thoughtsIf BTC rejects from range high here, it is plausible to look for lower time frame logical structural longs from the daily fvg level indicated. Mondays high could get retested as well so this is confluence to that point of interest.
There is the chance that pull back never occurs. If the supply above range high is flipped then I am looking to get a nice continuation long off range high. Nothing is stopping price from moving up until at least 70.5k (imo)
big upside movement forcast by anlyse USDT.Din USDT.D chart we can obviously get our confirmation for another leg up.
the exact confirmation come after break and closing candle under 4.76% line.
next support is about 4% which is resistance of 73000$ in bitcoin
BTCUSD BUYHi fellow traders, BTCUSD is ready to make a move higher from the blue box. Target the 64334.88 level. Good luck and trade safe!
Bitcoin Channel AnalysisBullish scenario: $64000 is broken and run to $72000. If $72000 is broken, a bull flag formation occurs and 100k is reached.
Bearish scenario: Rejection at $64000 and break of both price action support and moving average level at $60000. It drops up to $52000.
Since it recovered quickly after the decline below 60k at the beginning of May, I think the bear scenario is not possible except in an extraordinary situation. But we should not forget to put our stops just in case. On the contrary, apart from these two scenarios, it is also possible for Bitcoin to fluctuate in the parallel channel between 73k - 60k.
Bitcoin Soars After Testing $60,240! Will it Break $63,250?Following CRYPOTLEAN projections to the point, BTC tested the top of $60,239 zone and we saw a bullish rejection leading the price to $63,245 resistance.
1. A dip to $61,742 followed by a strong bullish rejection can lead to a long scalp opportunity towards $63,245 and higher to $66,786.
2. A bullish break-out of $63,245 will lead to more upside towards $66,786.
3. A sustained price action below $63,245 results in a slow and choopy move towards $60,239.
Bitcoin makes good profit. Now is just the beginning!!! UPDATE I am confident in my analysis because it is a fact. If you think otherwise, you don't know what you're doing or you believe those who don't know what they're doing.
See you at the top, my friends.
PS Don't forget to SUPPORT and FOLLOW the analysis if you like MoralDisciple more.
LAST BUYING OPPORTUNITY IN THIS BULL MARKET !Here i show two years after my last post on Bitcoin where my Minds where spot on - backed up by trades. I'm buying here, def focusing on Alts. Bitcoin will peak at around 130k-165k. 2017'esque BR. This is the last ATH for the next eight years. I stand by my words.
BITCOIN - Bearish bias - Bitcoin is currently trading at $63,600. The trend on the daily chart appears Bearish, indicating a downward movement. Sellers are gaining strength, and the chart is forming higher lows and lower highs, suggesting continued downward pressure. My initial target for selling in this scenario is $59,000.
Bitcoin Midterm IdeaAs we can see btc has swept liquidity below 60K$ and again reclaimed that level so its mean do not sleep over this oppertunity. A massive pump coming after a decent pull back towards 60K$ again, this will be best buying oppertunity in btc as well as in Altscoins.
