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Bitcoinprediction

BITCOIN is on the verge of a deep fall. What can save the growthBitcoin was unable to continue its growth trend, which began in May through the range of $72000-74000. Buyers were not even able to update the previous local high and were immediately hit back: Buyers were unable to hold the local range of $68000 to continue the upward wave from May. And the worst part is that bitcoin's decline is happening on small volumes: The last chance to save the growth trend is the range of 64500-65500 . Right now, the BTC price is approaching a large number of buyer stop orders. If the BTC price aggressively rebounds from this range and the daily candle closes above $68100, we expect BTC to continue to grow to $72000 and update local highs. For now, we don't believe in this scenario, as the USDT dominance chart indicates that things may be just beginning: The chart shows that a market drop of another 20-30% is highly likely. Therefore, in this case, we will consider short positions on bitcoin from the 68100 range. Why there? Here is an hourly timeframe that shows that from this range, buyers began to slow down the price drop with limit orders: If we assume that small traders opened short positions in this range, it is quite easy to pick them out. The target for such a trade is $60,000. This target stems from our previous forecast and will be confirmed when the 64500-65500 range is broken down: But what about other cryptocurrencies? Write your thoughts in the comments!
Long
by P_S_trade
17
BTC (DO OR DIE SUPPORT)BTC / USDT After many liquidation cascades in last few days BTC has reached one of most important support in this boring range (109 days !) The level between 66k-64k is considered to be the mid line support of the big channel 1- If it hold above …A new bullish wave will form and may be even a new ATH 2- If it failed to hold … the price will drop to test the bottom of the channel again In times like this i call this support is the do or die support What do u think about BTC next ? Share with us in comments below ⬇️
by Babenski
6
Bitcoin Log Channels CRITICALIn the long term, Bitcoin is in a logarithmic channel. The levels of this channel indicate how cheap and how expensive Bitcoin is. The aqua-colored channel represents the exceptionally cheap region that Bitcoin has never entered in history. The yellow channel has always represented times in history when Bitcoin has been cheap. Therefore, if the 62k level is broken right now, Bitcoin will enter the cheap channel. If this happens, it will give Bitcoin one last buying opportunity before the next bull. The red area is the area that is usually seen in the bull market and where Bitcoin is relatively expensive. It is recommended to hold, not buy, in this area. The blue area is where Bitcoin peaks. It is usually advisable to sell within the blue channel.
INDEX:BTCUSD
by YavuzAkbay
BTC rebound imminentMixed trading signals are anticipated for the next 24 hours in the crypto market. Bitcoin is experiencing tropical conditions, pointing to strong buy signals and a rebound from these levels. Bitcoin fell below $66,000 on Monday morning, extending last week's decline due to new U.S. economic data. After nearing all-time highs above $71,000 earlier this month, Bitcoin and the broader crypto market have cooled, with Bitcoin briefly dipping below $65,000 over the weekend. Follow us for more crypto weather reports!
BITSTAMP:BTCUSDLong
by ATTMO
USDT.D Logarithmic Trend Compared to Bitcoin TrendIn the long term, USDT dominance is in an uptrend. Within this trend, it often rises slowly, suppressing Bitcoin and altcoins, sometimes sideways, sometimes causing price declines. Then, with the sudden drops that follow, it puts Bitcoin and altcoins into a very sharp bull season. Right now, USDT is in an uptrend. I think that Bitcoin will enter a sideways channel as long as USDT remains in an uptrend. After this channel, a drop in USDT will put Bitcoin back into the bull season.
CRYPTOCAP:USDT.D
by YavuzAkbay
#BTC sitting on a thread! This is what you need to know!#Bitcoin is sitting around $66,306.30, flirting with the 50-day moving average, a critical line in the sand. We've got solid support at $65,551 and resistance up at $71,452, So watch for a break below $65,551 for a potential drop to $60,364 or $57k. Volume's low, signalling consolidation. If BTC holds above the 50-day MA, a push towards $71,000 is on the cards. Eyes on the breakout or breakdown. Enjoy your weekend. I'll be here if anything important comes up. Have a great time! Do hit the like button if you like my updates and share your views in the comment section. #PEACE
by Cryptorphic
4
Bitcoin - On the EdgeHello everyone, today I decided to do a quick update before I come back with Q3 update in July. I haven't planned to do more updates this month, but I noticed something very interesting in my opinion and I think that more people should pay attention to it. As I said before - my Base Case for Q2 was that this quartal may be the BAD time to Invest in BTC for a longer period of time due to previous experience when we had similar macroeconomic conditions. Today, we are about the same Price range, in fact, we are around 7% lower than we were at the time of that statement. So I am still going to stick with that idea until my requirements are no longer met. Now, to the reason why I am doing this Saturday morning update... Reason is that 20SMA & 21EMA CROSSED . It may look like nothing extraordinary we should pay attention to, but I think otherwise. Looking back on the whole History of Bitcoin, we can see that this Case didn't occur so many times, but when it did, most of the time it resulted into the decline of price in upcoming weeks/months. For better visualization I decided to use simple Arrows, to point out the magnitude of the move before 20SMA&21EMA crossed. - If we count the relevant Cases (ones that occurred after the STRONG upwards move) - it looks like 7 out of 7 times we experienced a significant correction in price. - If we count all cases then it is 7 out of 11 times. In these 4 cases, we moved sideways with slightly bearish price action, BUT once we tested the price at 20SMA&21EMA and were able to hold above that price, it continued to rally to higher prices. At this exact moment, it's hard to say with Higher% certainty which of these cases we are experiencing right now because our criteria are mixed up... We got BOTH - strong move upside & at the same time we have been in SIDEWAYS move for several weeks already... So I am looking for what is going to happen next week/s when we reach our 20SMA&21EMA price, because it may give us a CLEAR signal in which group we are right now. Until then I would suggest everyone practice patience, unless you like to gamble. Hopefully, this update was helpful for some of you in further market navigation. If YES, please consider liking or sharing this post, it would mean a lot to me. Also, if you are interested in more updates or you would like to receive more predictions with lower time frame updates daily, let me know in the comments or DM. Best Regards, Joe
INDEX:BTCUSD
by cryptocapitaltrading
Bitcoin - bullish rally is comingWednesday was special We rose strongly on inflation news..and We lost the rally with the interest news Yesterday there was positive news about PPI but the price decided to go sideways We are still above the 100, 50day ema We are still above the important 66k-67k Let's see the price interaction today Returning above 68,500-69,000 and a daily close will return the full positivity to Bitcoin, and it will only have 72k left to break it and then rise.. I am still waiting for a new ATH, and I will not change my opinion except by breaking 60k and weekly close below it Best regards Ceciliones🎯
by ceciliones
15
#BTC/USDT Bullish and BEARISH $57k before $100k??In this post, we will assess both bearish and bullish scenarios with detailed reasoning to help you make informed decisions, whether you're trading or investing. BTC/USDT is currently trading at $67,087.98, just above the 50-day Simple Moving Average (SMA) and $65,551.00, a critical support level. The price has already broken below a key pattern, signaling a potential shift in market sentiment. If BTC breaks below the 50 SMA+ 65.5k support, it could trigger a move towards $60.3k, with a further downside target around $57k, where high liquidity and the 192-day trendline intersect, offering strong support. Conversely, if BTC holds above the 50 SMA, it may avoid the bearish breakdown and instead aim for higher resistance levels at $71,452.01 and $73,777.00. This positions BTC at a decisive point, where the next move will likely determine the short to mid-term direction. Traders should closely watch the interaction with the 50 SMA to gauge potential price movements. FUNDAMENTALS :- The fundamentals do not align with the technicals. Here are some important points to consider: HTF: - ETF Approved ✅ - Halving ✅ - Petro dollar expiry with no renewal ✅ - US presidential candidate endorses crypto ✅ - Daily bullish divergence holds for BTC ✅ LTF: - Liquidity taken below ✅ - CPI fell and rates reduced ✅ - PPI fell and rates reduced ✅ Reason for Further Down HTF: $100k charts everywhere but without any pullback! There is a significant amount of liquidity between $50-59k, which is very attractive to big investors and institutions with BTC targets between $130k-$350k. Even if we dip slightly above $51k, the higher low will remain intact, keeping the HTF trend bullish. The current HTF fib retracement is thin compared to traditional optimal entries. Historically, before a new ATH, there's usually a major shakeout causing fear and cheap liquidity for institutions. This hasn't happened yet, making now an ideal time for a retracement amid high bullish sentiment and greed. A typical scenario involves a massive, unexpected dump causing widespread fear, lasting from 10 days to 3 weeks. This provides institutions and big investors with cheap liquidity, setting the stage for a bull run once their positions are filled. So, even with positive indicators, remain cautious. Avoid FOMO for your own sake. It's better to keep cash (At least 40% in USDT to buy Alts at cheap). This is the kind of decisions we didn't see in previous bull runs! Remember that? I hope this post helps you. If it did, please hit the like button and share your views in the comment section. Thank you #PEACE
Short
by Cryptorphic
3
Is Bitcoin back in the game? | Analysis Bitcoin's price rallied sharply after United States Consumer Price Index (CPI) data came in lower than forecast. The CPI data was unchanged from last month, and the year-on-year figure of 3.3% showed a slowdown from the previous pace of 3.4% — both 0.1% lower than forecast. Bitcoin plummeted below the 20-day exponential moving average ($68,700) on June 11 but found support at the 50-day simple moving average ($65,982). The bulls aggressively purchased the dip to the 50-day SMA and pushed the price above the 20-day EMA. This suggests that the BTC/USDT pair may oscillate inside the tight range between $66,500 and $72,000 for some time. Buyers will have to catapult the price above the $72,000 to $73,777 resistance zone to seize control. That will open the gates for a rally to $80,000 and eventually to $88,000. On the downside, a slide below the 50-day SMA could start a downward move to $60,000. WHITEBIT:BTCUSDT
WHITEBIT:BTCUSD
by paul_endeo
Bitcoin dominance consolidation?The dominance dump that led to the last alt coin rally, based on reviewing the monthly chart, shows a bearish engulfing candle (red box) before breaking down out of a multi year trend. This time we are seeing a recent bullish engulfing candle (green box) and what seems like a possible bearish fake out based on the bullish trend support line over the past 2 years. What do we think is next, fellow plebs? Bitcoin dominance multi year breakout this cycle? Or what every alt coiner has been calling for over a year now …is it finally time for “alt season”???
CRYPTOCAP:BTC.DLong
by CoconutHarry33
1
BTCUSD: High chance to see 75k+ soon. Here's why!Please see previous btc ideas for more context ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌 ☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!
BITSTAMP:BTCUSDLong
by Yelli_trades
7