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)
Bitcoinidea
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.
#BTC/USDT Urgent Update!#BTC closed around $62,800, defying CT's expectations for a drop to $52,000.
Now, we'll see if it can close above the blue moving average and confirm this whole move as a deviation, a pattern Bitcoin often follows.
Otherwise, the doors to GETTEX:52K remain open, with this current move possibly being just a retest.
So we wait, patience is key!
Keep an eye on the weekly close!
Have a wonderful weekend!
#Crypto #Bitcoin
Do share your views in the comments section and hit the like button if you like it.
It keeps us motivated!
Thank you
#PEACE
Bitcoin trend for Cycle-Top prediction.I noticed a trend that kept repeating in every cycle with high accuracy.
There seems to be a support trend-line during bull markets, and if we extend this line to the next cycle, it always predicts where Bitcoin will top (By the end of the cycle).
Assuming this cycle ends in November 2025, Bitcoin peak between $250,000 and $270.000.
I also acknowledge that the Bitcoin ETFs might affect this trend and Bitcoin could top at a much higher price level.
IS IT TIME FOR THE RISE BACK TO $70K?As I said before, I believe we're in an exciting time. We're seeing our first sign of early growth following post halving. BTC has broken the 1HR Trend Resistance and it may soon retest it as support. If it does test and hold we can be poised for a continued run to the upside. It's already broken a Key Weekly Level on Friday and it's possible that it could surpass $65,000 on its march back to $70k. If the 4HR Trend Line fails to hold as support, then I believe we will head back to $60k and test from there. Theirs always two sides of a coin, I create ideas for both. My sentiment is overall bullish, but the bears are just as easy to track & trade.
I am going to continue to chart BTC alongside ApeWifHat Weekly. The Memecoin market is not my favorite, but you can't deny the volume of Money being poured into multiple projects. I believe that #ApeWifHat is the next Meme Coin to1000x. It's very early and I'm super bullish. apewifhat.net
What's your thoughts on Bitcoins Future? Like, Share, & Comment below!
Bitcoin Dump: 54K next support?54K seems to be the most likely support level on the 4-hour chart for Bitcoin/USD.
After that 52K .
A drop to 48K seems unlikely . But possible.
A reminder that this is the 4-Hour Chart. If you zoom out, you will notice that Bitcoin is not yet in a bear market.
Technical Analysis tools used:
Volume, Ichimoku Clouds, Fibonnaci Retracement, Volume Delta, Support Lines.
The Fibonacci Retracement show the next likely support levels which correlates closely with the (orange) support lines.
Price action below the Ichimoku Cloud signals the continuation of a bearish trend.
The new Volume Delta Indicator shows a divergence of sell volume domination over market price, which leads me to believe a trend reversal is coming soon. (around 52-54k)
up-to-date Fundamental Analysis:
Good news to consider:
Possible ETF unbanning and adoption in China (unconfirmed)
World's largest custodian bank, BNY Mellon reports exposure to BTC ETF
Halvening in effect
First Bitcoin ETF's launched in Asia (Hong Kong)
Bad news to consider:
CEO of Binance sentencing (30. April 24)
Prominent Bitcoin Figures arrested
Government crackdowns in US/UK/EU on centralized elements of the cryptocurrency ecosystem (CEX, Custodial Wallets, etc.).
Asian Bitcoin ETF's flopped due to low volumes on opening day.
Psychological Considerations:
must-reach-100k mentality of the Bitcoin community
Community psychological barrier against centralization and regulation
50k support
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
Alt season is about to begin, inflation 2.0 pre 80s stagflationWatchout for inflation 2.0 as the markets remain irrational longer than retail can stay solvent highly addicted on debt and leverage.
If we follow the first wave of inflation around September 2020, Bitcoin is doing a massive cup and handle just like Gold and Silver now.
Alts will follow. While Bitcoin ranges, Alts will explode starting June as QE restarts, may continue in July and August until September end followed by a big bloody correction.
Will the party continue until Bitcoin is 200k mid December?
May have to see US election debates and results.
Will Bitcoin's 4th cycle continue until next year till it hits 240k? Not likely, the party could be interrupted by a sudden rate hike.
Multiple rate hikes you mean? Everyone's expecting a rate cut.
If inflation spirals out of control with a historic come back like a strong 80s style tsunami, you can bet the fed will pump the dollar and interest rates will moon, those include mortage rates of course.
However, see the newspapers back in the 80s, If I were I wouldn't expect property prices to go down at all. Biden is an 80s guy and this seems to be a climate change agenda to reduce the middle class.
Welcome to 2030, I own nothing have no privacy and we will all eat ze bugs farmed by Bayer/Monsanto.
Humans don't apply anymore if AI continues moving as fast as it is. Say hello to UBI available for the chipped that decide to live inside the smart and connected cities.
NzdUsd continue down on retracement!Looking for Impulse Down.
Nzdusd will start to move down soon on retracement. Make sure you have your own rules on RR and follow them. This is just a trading idea to help you gain better knowledge. If you have any question ask me in comments.
Learn & Earn!
Wave Trader Pro
DXY bearish or bullish ? lets see (#BTC , #Stock)The Dollar Index (DXY) is once again moving towards the critical level of 105. If it does not find support at this level, it could lead to a bearish trend on the daily timeframe. In this case, the stock market and Bitcoin would return to a bullish trend after a slight delay.
Bitcoin ; the pathway Evening folks, mastershark here , what a nice day it was ! After uncountable rainy days in Manchester we needed a sunny one deffo haha .
Wanted to share what’s in my mind with bitcoin , first of all i have to start a bit British ( which im not ) if you wanted to hold and you already thinking about selling just after halving you are a c*** lad and you’re gonna regret it one day .
Come on !! its your lifetime chance and you gonna secure a happy spot in the top by only BUYING in the deeps not selling ! Back to the chart ;
There’s a three major support in the picture; all we need to see whats going on is in the scene, at the top you see a orange one which I consider monthly and two weekly green one which i think you dont need the bottom one , there’s a orange line aswell which is a weaker support in my idea , now whats gonna happen ? There’s two scenarios in my mind , first one is that we will play around orange support box for some weeks and at the end of the month we will have a close above the support and then the main bullrun starts .
Second senario is that we close this month red and the next month we touch 48k or even the green box support in the middle and then we set off and start the bullrun .
In conclusion i think this month is a hell no for trading , secondly i think this month and the next one are the ultimate chance for bearish mindset and definitely end of this one or next two will be start of the bullrun ( jun-July)
So use the opportunity and secure some fat bags , will see you at the top .
Stay safe fam
Interesting Pattern in NEW Volume Delta indicatorThis TA is based on the indicator "Volume Delta". (Basically, the difference in buy and sell volume.)
My strategy:
I marked some sell and market price divergence lines (selling dominance/time) and between their respective highs and lows.
The divergences signal a slowing of the buying/selling pressure up to the point where the market price reverses, signalling a reversal in the market trend.
BTC: in halving📊Analysis by AhmadArz:
Short position :
Wait for break 59.500
Wait for complete pollback
Maybe it will happen in the halving
✨52.000 & 44.000
Good zone for again investing
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ETHUSDT: A big move in making! Dear Traders,
First small bullish correction and then drop towards $2500 region, which will remain a key area for most of the institutional sellers. We also need to have different bias, where price may not make any corrections and just continue dropping from current area. Good Luck and Trade Safe.
BTCUSD: upcoming big sell, targeting $45,000| SetupsFX_ |Dear Traders,
Bitcoin retested selling zone, now we can target the first area 55k and then 45k. Our main reason is for selling swing is based on how price behaved and gaps within the market needs to be filled. Our entry is already activated and now we can target our areas. We expect price to hit our target by end of may.
Good Luck.