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BTC : Long($50,506) or short(17000) ?Technical Analysis: Bearish Analysis: Price is currently within a 3-day supply zone. If it breaks below $29,786.90, I expect a bearish trend with targets at $25,214 and around $17,000. Bullish Analysis: A bullish breakout occurs if the price surpasses the current supply zone, starting at $31,037. Targets for bullish momentum are $50,506 and $64,965. Personal Perspective: I personally anticipate a bearish move towards $17,000 based on trend analysis. Feedback and Updates: Your analysis as feedback is appreciated. We recommend you to follow TrendSailor everywhere for timely updates on new ideas, Forex/Crypto/Stock market pair ideas, and my daily trade results. Disclaimer : Please remember to consider the timeframe associated with each analysis to avoid any potential misinformation. It's important to note that all predictions I share are for my personal reference and educational purposes only. Any trades inspired by my ideas, whether posted earlier, today, or in the future, involve financial risk for which I will not be held accountable. Thank you for your understanding.
INDEX:BTCUSD
by UnknownUnicorn14930146
📺 Exhaustion through Weekly candle closeWe can observe a 25% pump after price created a Lower Low on the Daily timeframe at $25,128 ( 9 Days ago). The latter half of June has been quite exciting for Bulls. I suppose in March price did a 35% pump in 6 days. Anything can happen as we have seen in the past. Last time price was at this area it distriubted for a week before correcting 11% in 6 Days. 1Hr & 4Hr market structure has turned bearish and this current daily candle has not seen much upside. There has been a change of character since the blowoff +3.77% 1Hr candle printed during Friday's New York trading session. Bulls want the weekly candle to close above 30,329 in 28 hours. This would confirm very strong bullish pressure since we would close above medium term market structure highs created in April. I'm looking at a retracement to the most recent Daily support level at $29,901 through the end of this weekly candle. Looking for the weekly candle to create a larger top wick and pullback to the downside.
COINBASE:BTCUSDShort
by ShrewdCatfx
5 REASONS why BlackRock will make Bitcoin Rally!Last week, we had a huge development for crypto investors. Bitcoin really rallied… And the price rise, was largely based on BlackRock's application to establish a US Bitcoin Exchange-Traded Fund (ETF). BlackRock, Inc. is an American multinational investment management corporation, that serves clients in over 100 countries. . It is one of the world's largest asset managers with assets approximately worth over $9 trillion. Now BlackRock has a great track record when it comes to filing Exchange Traded Products (ETPs). They have had 575 successful applications out of 576 attempts. Now that BlackRock has applied for a US Bitcoin ETF, there are a couple of reasons why this could help boost the price and the value of Bitcoin. 1. It Boosts Bitcoin’s credibility An ETF application from a company as respected as BlackRock is definitely going to provide even more legitimacy and credibility to Bitcoin as an investment. This will attract more investors, institutions and companies to invest in the Bitcoin ETF, which will push the price up. 2. Easier to access Bitcoin If BlackRock’s Bitcoin ETF is approved, this is going to make it easier for both institutional and retail investors to gain exposure to Bitcoin. And they’ll be able to gain exposure to the coin without even needing to buy, store, and secure the cryptocurrency themselves. People prefer to trust trusts, right? Moving on… 3. More volume and liquidity for Bitcoin BlackRock will open the gates of even more volume for Bitcoin. In fact, the Bitcoin ETF would increase Bitcoin's liquidity by getting more participants to trade the asset. And when there’s more volume, demand and buying – we can expect higher prices for the underlying coin. 4. FOMO for other firms You realise that this will set a huge precedent for other trusts and firms. BlackRock's move could encourage other financial institutions to adopt and create their own similar Bitcoin products into their own financial systems. 5. More trust for Bitcoin I know this is a double-edged sword argument. But I believe Bitcoin should be regulated under legitimate and transparent authorities. Last year we saw how many cryptocurrencies buckled under low management. We saw how many firms were laundering people’s money and faking their own accounts to make them seem profitable. So, we tested the unregulated and decentralised system – and it failed horribly. With this Bitcoin ETF being adopted into BlackRock, we’ll see it being reviewed and looked over by the right authorities like the SEC. This will help provide a better safeguard for investors and will boost confidence in the asset.
OANDA:BTCUSDLong
by Timonrosso
1
$BTCUSD - MetaSignalsPro - NEUTRE👉 Mon plan d'action / Prochaine étape -------------------------------------------------- ⛔ Pas de trade pour moi dans cette situation ✔️ Possibilité d'un petit SHORT 🎯 Prochain objectif possible : 29 300 -------------------------------------------------- 📌 Unité de temps principale H1 -------------------------------------------------- 👉 TrendDOWN : ON ⌛️ Observer la rupture de la Ligne de Tendance en Temps Réel 🎯 Le Fibo 23.6 devrait être testé en premier 📌 Unité de temps supérieure H4 -------------------------------------------------- 👉 TrendUP - ON 👉 Sortie de la Ligne de tendance en Temps Réel : FAIT ⌛️ Probable PullBack dans le nuage bleu 🎯 29 300
BITSTAMP:BTCUSD
by MetaSignalsPro
$BTCUSD - MetaSignalsPro - NEUTRAL👉 My Trade Plan / Next Move -------------------------------------------------- ⛔ No Trade for me in this situation ✔️ Possible small SHORT 🎯 Next possible target : 29 300 -------------------------------------------------- 📌 Main Time Frame H1 -------------------------------------------------- 👉 TrendDOWN : ON ⌛️ Watch the breakout of the RealTime TrendLine 🎯 Fibo 23.6 should be tested first 📌 Upper Time Frame H4 -------------------------------------------------- 👉 TrendUP - ON 👉 BreakOut of the RealTime TrendLine: DONE ⌛️ Probable PullBack in the Blue Cloud 🎯 29 300
BITSTAMP:BTCUSD
by MetaSignalsPro
$BTCUSD - NEUTRAL for MetaSignalsPro👉 My Trade Plan / Next Move -------------------------------------------------- ⛔ No Trade for me in this situation ✔️ Possible small SHORT 🎯 Next possible target : 29 300 -------------------------------------------------- 📌 Main Time Frame H1 -------------------------------------------------- 👉 TrendDOWN : ON 🎯 Fibo 23.6 should be tested first 📌 Upper Time Frame H4 -------------------------------------------------- 👉 TrendUP - ON 👉 BreakOut of the RealTime TrendLine: DONE ⌛️ Probable PullBack in the Blue Cloud 🎯 29 300
BITSTAMP:BTCUSD
by MetaSignalsPro
BTC / Market Update !BTC / USDT Hello guys Sorry for the inactivity last 3 weeks BTC didnt make any significant move all this period it was a very calm market As you can see Price still respect the key levels in high time frame since my old idea We can see in my new chart a very clear falling wedge pattern, most likely it will breakout soon …the possible short term targets :27700$ - 28500$ - 29500$ - 31000$ Altcoins Market : Dominance of BTC is breaking out as shown in picture below ,So Theres no any benefits for new entry in altcoins as long as Dominance is like that We can make a new entry only if it turned to be a fakeout and strong rejection takes place unless that happen the waiting is the best thing we can do here for altcoins ) Don’t forget to support this idea by likes/rockets Share your thoughts in comments section below ⬇️
by Babenski
50
Bitcoin's Life Cycle Part 2 : Bull or a Myth ?In my previous post, I made it clear that Bitcoin had entered a downtrend, with an approximate target of $5K based on the data I analyzed within a 91-day timeframe. In this second part, we can observe the continuation of the downtrend, as evidenced by significant price breaks below a strong support level indicated by the grey box on a 34-day timeframe chart. For me, the rejection range lies between 41k and 62k. The confirmation point will be when the 2-day timeframe chart becomes overbought. Trade entry confirmation will only occur at a key breakout, and I will notify the precise entry point when it happens. Your valuable feedback is appreciated, and I encourage you to follow and get updates for my daily ideas in the Forex market for the selected currency pairs that I prefer to trade. Disclaimer : Please remember to consider the timeframe associated with each analysis to avoid any potential misinformation. It's important to note that all predictions I share are for my personal reference and educational purposes only. Any trades inspired by my ideas, whether posted earlier, today, or in the future, involve financial risk for which I will not be held accountable. Thank you for your understanding.
BITSTAMP:BTCUSD
by UnknownUnicorn14930146
BTC when will the breakout be LONG~please read~Hello traders🌍🆗 We have a possible cup and handle on the daily view ☕ We are currently in a descending structure that has been forming over the last month. Bitcoin price ascended to a sharp test of the top of structure ▶ We made a similar structure just upsidedown May of last year ⏬ I am watching 👀out to see if we reach 25k as a potential buy zone We could also go back up for a retest. What do you think?? Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome. 🖖🎉🐶📈📉🤍 Jazerbay
COINBASE:BTCUSDLong
by jazerbay
4
BTC Bitcoin and the Wall Street-backed EDX Exchange LaunchIf you haven`t bough BTC on this Blackrock filing here: Then you should know that the recent launch of the Wall Street-backed cryptocurrency exchange, EDX Markets, is a significant development that signals growing acceptance and adoption of digital assets within the traditional financial industry. This event brings a bullish sentiment to the crypto market, indicating increased confidence from institutional investors. EDX Markets is specifically designed to facilitate safe and compliant trading of digital assets, offering clients distinctive benefits such as competitive quotes, liquidity, and a non-custodial model. By prioritizing best practices and establishing trusted intermediaries, EDX aims to alleviate conflicts of interest and provide a secure trading environment. The initial assets available for trading on EDX are the largest cryptocurrencies by market capitalization, including Bitcoin (BTC) and Ethereum (ETH), as well as Litecoin (LTC) and Bitcoin Cash (BCH). This selection showcases the platform's focus on the most established and widely recognized digital currencies, instilling confidence in investors. The entry of prominent financial players such as Schwab, Fidelity, and WisdomTree into the cryptocurrency space further strengthens the bullish case. WisdomTree Investments' recent application for a Bitcoin exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC) reflects the growing market interest in this investment vehicle. With BlackRock's filing also fueling the discussion around Bitcoin ETFs, it is evident that established firms recognize the potential of cryptocurrencies as a legitimate asset class. In this context, my short-term price target for BTC is $31K. However, I maintain a bearish outlook for the overall year due to the ongoing Binance investigation and the lawsuit filed by the SEC. Looking forward to read your opinion about it.
Long
by TopgOptions
2
Bitcoin is ready to sky rocket!Bitcoin has just broken up and out of the Falling Wedge. The momentum to the upside is strong and it looks like we have other indicators showing confirmation. With Moving Averages 7>21>200. (Bull market) With the RSI it's above 50 (Green and bullish) It has also broken out of an uptrend, which tells us the Falling Wedge is acting as a Continuation Pattern. My first target is $36,000. This is just an update from the previous analysis I did on Bitcoin.
OANDA:BTCUSDLong
by Timonrosso
BTCUSDT.1DHello dear friends, *Mars Signals Team wishes you high profits* This is a one day time frame analysis for BTCUSDT.1D We are in the daily time frame. As you can see, the price is completing the cup pattern. And we have two scenarios in mind. First scenario: If the price can stabilize above its first resistance line and break its strong resistance zone, we can say that the price can start an upward rally. Second scenario: If the price is weak after hitting the resistance line and cannot move above the resistance line, we can experience a price correction because the price has tried and failed to break this area several times. But there is a possibility of breaking this area and it is not far from imagination Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
by MarsSignals
5
Bitcoin collapse? or drop down to around 26k?Bitcoin seem to be bearish even though it has traded bullish for most of the week, we could see it bouncing off nicely from a 60 minutes(1 hour) timeframe orderblock. With enough liquidity taken from previous structural highs on the daily timeframe and the latest liquidity taken being last month's high and price failing to make high(s) above yesterdays high around 30700, we could anticipate price moving back down for some retracement at least, especially since the weekly timeframe is yet to make a good buy structure after bouncing off nicely from the monthly fair value gap. The 26000 price level seem to be a pretty good and strong support area that the market could trade into and if price continue to trade down below 24800 then we could anticipate a collapse down to 15500.
Short
by celefazy
3
BITCOIN: What Happens Next to the Crypto Market?WisdomTree has filed with the US Securities and Exchange Commission for a spot Bitcoin ETF. The company describes the proposed investment vehicle “WisdomTree Bitcoin Trust” as an ETF that will be listed on the Cboe exchange BZX under the symbol BTCW, according to a June 20 filing. WisdomTree's ETF — or any other spot Bitcoin ETF — will give institutional investors access to the value of Bitcoin without investing directly in the cryptocurrency. WisdomTree filed a very similar ETF in 2021. CboeBXZ then filed a proposed rule change in January 2022 to support WisdomTree. The SEC rejected that rule change in October 2022, citing problems with inadequate surveillance-sharing agreements and protections against market manipulation. WisdomTree's latest filing comes just days after asset management giant BlackRock filed a Bitcoin ETF. While BlackRock's filing has yet to be approved, some are optimistic about the company's ability to provide a satisfactory surveillance-sharing agreement. Bitwise has also filed for a Bitcoin ETF for immediate delivery after BlackRock. Some rumors suggest that Fidelity is planning a spot Bitcoin ETF, although those rumors have not been verified. The SEC has yet to approve any spot Bitcoin ETFs in the United States.
BINANCE:BTCUSDShort
by Sphyn-Trader