Bitcoin going back to 48000Bitcoin in downtrend channel and we waiting the peak point to happen briefly if big drop will happen that mean the trend is changed to downtrend.
So if we break the channel down the trend confirm✅ the downtrend
Bitcoinlong
BTCUSDT | 15M | SCALPİNGHello traders, I have entered the OKX:BTCUSDT.P with $120,000 from here.
I will stay true to my goal and wait for it, please don't forget to support me with your likes.
Thank you to those who liked and supported.
BTC/USDT = Dominance Signals Bitcoin's Next Bullish MoveTL;DR for Busy Readers
95% confidence that Bitcoin has bottomed at $52.5k, with the worst possible scenario at $50.4k.
The USDT Dominance Chart is showing resistance levels not seen since the last bear market when Bitcoin was around $27k.
For Bitcoin to hit $44k, USDT dominance would need to enter bear market territory, which is highly unlikely.
A 30%+ downside move in USDT dominance suggests more capital will flow into Bitcoin, signaling a bullish uptrend.
The odds are heavily in favor of Bitcoin moving upward from here, and I expect it to play out over the rest of the month.
I’m 95% confident that we’ve bottomed out at $52.5k, and the worst case scenario would be $50.4k. Additionally, I’m 95% certain we won’t see a drop to $44k or anywhere near it. Here’s why.
The USDT Dominance Chart: A Key Indicator
One of the most reliable charts for predicting Bitcoin tops and market reversals is the USDT Dominance chart. This chart tracks the dominance of Tether (USDT) in the market, and right now, it’s showing levels not seen since the last bear market when Bitcoin was trading around $27k.
Currently, USDT Dominance is at critical resistance, touching levels that are typically only observed during bear markets. Historically, when USDT dominance hits these levels, it signals a bottom for Bitcoin and the beginning of an uptrend.
Additionally, the USDT dominance chart indicates we could see over a 30%+ move to the downside in USDT dominance, meaning more capital will flow out of stablecoins and back into Bitcoin and other cryptos. This is a strong indicator that Bitcoin is bottoming out and preparing for a bullish move.
Why $44k is Unlikely
For Bitcoin to drop to $44k, USDT dominance would have to enter territory that we’ve only ever seen in true bear markets. If this happens, it could break the higher timeframe (HTF) structure on both the USDT dominance chart and the Bitcoin chart, and ultimately, we wouldn’t just stop at $44k—we’d probably end up around $30k.
That’s why if you’re hoping for $44k , you’re really wishing for a major bear market that could pull Bitcoin down much further. This scenario would mean a shift in the current market structure, which doesn’t align with the probabilities we’re seeing.
Upside Probability is Much Higher
While there’s always a chance that USDT dominance could break higher and push the market lower, the probability of this happening is very small in my opinion. Investing is all about probabilities, and when we assess the entire market situation, it’s clear that the upside is heavily favored right now.
Based on the data, the market structure, and the USDT dominance chart, the likelihood of Bitcoin continuing upward from here is very high. It’s important to monitor how the market behaves in the coming weeks, but all signs point toward a bullish move.
My years of experience kind of Opinion
In summary, the USDT dominance chart is signaling that we’ve likely seen the bottom at $52.5k, and the chances of Bitcoin falling to $44k or lower are extremely slim. If anything, this level of USDT dominance typically indicates that a Bitcoin rally is on the horizon. Stay cautious, but it looks like the market is gearing up for an uptrend. Let's see how the rest of the month plays out, but from where I stand, the upside looks very promising.
DISCLAIMER:
All though I predicted the market at 18K pump, this prediction is still for informational/documentation of my journey and entertainment purposes only and should not be considered financial advice. As with all investments, there are risks involved, and probability-based analysis may not always result in accurate predictions. Always consult with a financial advisor before making any investment decisions.
Medium term buy position for BTCUSDTIn this range, you can take a long position. To get confirmation and risk to better reward in the position, refer to the 1-hour timeframe
BTC: The beginning of a rebound.Hello everyone,
Here’s a quick and simple breakdown of the key support and resistance zones.
Below are the reasons why these zones have been selected:
✔️ Support Zone 1. ($53,329.5 ~ $52,372.5)
Descending channel
Fibonacci 0.786 retracement
Significant low (S/R Flip)
✔️ Resistance Zone 1. ($55,969.0 ~ $55,499.6)
Fibonacci 0.236 retracement
Significant low (S/R Flip)
✔️ Resistance Zone 2. ($58,218.0 ~ $57,348.7)
Fibonacci 0.382 retracement
Significant low (S/R Flip)
There's a strong likelihood of significant price action within these zones, either as support or resistance. Keep a close eye on Bitcoin’s movement in these areas. Best of luck!
*S/R Flip: Support/Resistance Flip
This is not a buy or sell recommendation.
It is a personal perspective and should be used for reference only.
All decisions and responsibilities lie with you.
Bitcoin Bull Run Continues?My expectations from the previous post have materialized, and the price of Bitcoin has dropped again into the price imbalance zone below 53,500. My expectations for Bitcoin's price next week are as follows: due to negative economic news, the stock market will likely continue to decline for several more days starting on Monday. Since Bitcoin's price correlates with key indices like the S&P and Dow Jones, there is a high probability that Bitcoin will continue to decline, potentially reaching as low as 48,900.
If we look at the Long-Term Holder Realized Profit/Loss Ratio 7D indicator, which unfortunately is not yet available publicly on the TradingView platform, based on this data, Bitcoin is currently in an accumulation phase before a major growth season. Similar patterns occurred during the 2011 and 2021 market seasons.
BTC Still inside the BOX / Careful about the BTC heatmap!BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello Traders,
Despite positive economic sentiment, BTC still fluctuating inside the box.
If the price stays above the yellow area, the green scenario is valid and after that if price breaks above the 65K level and stabilize there, 66690 and 70100 levels are the next price resistances.
According to the recent market heatmap, some shadows may occur inside the circle area for some market liquidation.
Stay tuned for more updates.
BTC Swing Long to 65k & 70kTrade Idea: Bottom for Bitcoin Might Be In
This chart suggests that Bitcoin may have found its bottom, with the potential for a bullish reversal. The following elements highlight this outlook:
1. Liquidity Zones:
- Liquidity/TP1: The chart highlights a take-profit zone (TP1) near the $64,000 level, where liquidity is expected to reside. This is the target area for the long trade.
- Prev. Monthly High: This is noted above the $70,000 level, potentially acting as a higher resistance level and extended target if momentum continues after TP1.
2. Entry Zone:
- The gray shaded area near the $55,000 level represents the entry zone, with liquidity around this price. This suggests that the price may have tapped into an important liquidity pool before starting its upward movement.
- External Liquidity: This region below the current price might have acted as a liquidity sweep, further confirming the bottoming pattern.
3. Fair Value Gap (FVG):
- The chart identifies a FVG (Fair Value Gap) around the $56,000 level, which could act as an area of interest. Price has filled this gap, possibly signaling the completion of its downward move.
4. Market Structure:
- The market appears to have tested lower liquidity levels and rejected them, potentially signaling that a local bottom has been established. The price action shows consolidation in the entry area, indicating accumulation before a potential upward move.
This trade idea would be well-suited for traders anticipating a medium-term bounce after Bitcoin’s recent downward movement.
Imminent rebound for BTC in the next 24 hours! A strong sun will shine over Bitcoin in the next 24 hours, signaling bullish market conditions! ☀️ The price of Bitcoin rose 1 percent to $57,277 over the past 24 hours and still has the potential to go up.
The 12 spot Bitcoin exchange traded funds (ETFs) listed in the US have posted outflows totaling almost $800 million dollar over the past six trading days, data from Sosovalue shows.
Investors now await cues from the upcoming US job figures being released tomorrow. Analysts expect 160,000 jobs to have been created outside the US farming sector in August, up from 114,000 jobs in July.
Yet, over a one-week time horizon, drizzle will linger over Bitcoin, signaling downside potential. 🌧
Follow us for more crypto news and weather reports!
Bitcoin heading towards $59k to $61KSimple and Clear Buy/Long Setup.
No confusion.
Major trend is Bullish, So you can take risk on behalf of major trend.
Note :
Do your own Research and Trade Wisely Never rely on my opinions.
Good Luck folks
BTC Higher Timeframe Outlook 70k Next -> Then 32kIn this video, I break down the market from a top-down perspective, analyzing from higher timeframes down to lower timeframes. I carefully frame key Points of Interest (POIs) to help identify potential trading opportunities.
Additionally, I share a specific short-term trade idea with detailed entry, exit, and risk management strategies. My first target is set at 70k, followed by 32k, and I explain the reasoning behind these levels. Watch to get a clear understanding of the current market structure and actionable insights for your trading journey.
Bitcoin Price Sideways on H4BTC overall bullish, we should wait for clear direction to execute further entries.
Note: Do your Own Research and Trade wisely
Bitcoin Analysis==>>Filling CME Gap==>>Short termBitcoin was accompanied by increases and decreases ( high momentum ) in the past days.
Currently, Bitcoin has reacted well to the Support zone($63,630-$63,200) .
I expect Bitcoin to rise from the Potential Reversal Zone(PRZ) and fill the upper CME Gap($61,445-$60,485) .
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BITCOIN SIMPLE & EASY TRADE SETUPSNOTE:
DO YOUR OWN RESEARCH & Trade wisely Never rely on my opinions
"Good luck folks"
BTC to rebound - bullish potential for the next 24 hours The price of Bitcoin fell more than 6 percent to $59,290 over the past 24 hours, trading as low as $58,564 over this period, Trading View’s Bitcoin chart shows.
Yet, a strong sun will shine over Bitcoin in the next 24 hours, signaling bullish market conditions. ☀️
“Today's drop is intriguing and presents a potential opportunity for those looking to capitalize on a tactical rally. Entering at $59,000 with a tight stop at $58,000 might seem overly cautious to some, but tactical opportunities like this are rare in a market lacking a clear bullish trend,” the crypto intelligence firm 10xResearch said in its daily note.
The number of Bitcoin millionaires increased by 111 percent last year and exceeded 85,000 people, Henley & Partners annual Crypto Wealth Report 2024 shows. Eleven persons hold more than $1 billion in Bitcoin. The CEO of MicroStrategy Michael Saylor, the CEO of Coinbase Brian Armstrong and Binance’s founder, currently serving a prison term in the US for money laundering violations, Changpeng Zhao (CZ) are part of this exclusive club.
Follow us for more crypto news and weather reports!
Bitcoin down 2.37% is getting support at the 200EMA
I scanned through all of the lowertimeframes and I saw plenty of price turnaround from the notorious double top sell-off.
I see on the mid-timeframes that bitcoin is getting support on the 200ema.
My analysis is that Bitcoin is going much much higher soon.
The weekly cup n handle system on the weekly is a mammoth system.
$BTCBitcoin's recent crash recovery is showing a similar recovery structure to that seen after the Covid-19 crash in the previous cycle.
Bitcoin (BTC) meets massive inflowsBitcoin (BTC) has remained under pressure despite spot Bitcoin ETFs witnessing massive inflows. BlackRock’s iShares Bitcoin Trust (IBIT) registered a staggering $224 million worth of inflows. Besides BlackRock’s IBIT, Franklin Bitcoin ETF and WisdomTree Bitcoin Fund registered $5.5 million and $5.1 million worth of inflows. However, Ark 21Shares Bitcoin ETF, Invesco Galaxy Bitcoin ETF, CoinShares Valkyrie Bitcoin Fund ETF, and Grayscale’s ETF products recorded zero net inflows on Monday. Bitwise Bitcoin ETF recorded substantial outflows totaling $16.6 million, while Fidelity Wise Origin Bitcoin Fund and VanEck Bitcoin ETF remained in the red, recording outflows of $8.3 million and $7.2 million, respectively.
However, despite positive spot Bitcoin ETF numbers, BTC has remained under pressure. The world’s premier cryptocurrency surged to a day high of $65,000 on Friday but has since dipped, with selling pressure taking the price below $63,000. The dip also caused a drop in open interest. Analysts have speculated that the noticeable drop in open interest for BTC indicates traders are pivoting towards altcoins, which have recorded a negligible dip in open interest.
Bearish sentiment prevailed on Monday as sellers took control and pushed BTC back below the 200-day SMA to $62,903, with the resistance at $65,000 proving to be a bridge too far for buyers. The current session sees BTC marginally down as bears look to extend their dominance and push BTC toward the 50-day SMA. So what next for BTC? Buyers held their ground over the weekend and prevented a drop below the 200-day SMA. However, that changed on Monday as BTC dipped below $63,000, indicating that sellers had the upper hand. For BTC to recover, buyers must ensure it stays above the 50-day SMA. If BTC dips below this level, it could drop to $60,000.
BTC Simple & Easy Buy Setup Bitcoin overall Super Bullish.
Minor Correction on H4, You must take Advantage of this correction with minimum risk.
"Good Luck folks"
DO YOUR OWN RESEARCH & TRADE WISELY
DON'T RELY ON MY OPINIONS
Will BTC Push Up Soon? The Key Level is at 65000.00 !!!
I will be looking for LONG opportunities on BTC after the resistance level at 65000.00 has been broken and thereafter forms an upward confirmation Break of Structure(BOS) signal, and the two reasonable take profit levels are set as "TP1" at 70000.00 and "TP2" at 72000.00, shown on the 8H Chart.
At the moment, BTC is consolidating locally. It seems that the market needs to grab more liquidity from supporting areas down below in order to push up later and the 8H green Demand Zone can be a potential area for that.
If the "Caution level" at 58000.00 below the 8H Demand Zone has been broken first, then new analysis on BTC will be made.
BTC/USD "Bitcoin" Bullish Robbery plan to steal the moneyHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist BCH/USD "BITCOIN CASH" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
The Ultimate Guide to Buying BTC on Spot: Strategies for SuccessDelve into the world of Bitcoin trading with this in-depth guide to buying BTC on the spot market. We'll explore the best practices for purchasing Bitcoin, including tips on timing, market analysis, and risk management. Whether you're a long-term investor or a short-term trader, this guide will provide the insights needed to maximize your returns in the ever-evolving crypto landscape. Learn how to secure your position in Bitcoin, the world's most valuable cryptocurrency, and make informed decisions that align with your financial goals.
Bitcoin Golden Cross on 4Hr TimeframeBullish cross between 200MA and 50MA spotted on 4 hour timeframe and appearance of green cloud. This would suggest a short term bullish outlook for bitcoin for the coming days.
The golden cross on daily time frame could follow by 1st or 2nd week of September and would drive the price to 65k-70k level.
