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Bitcoinprediction

Stock Surge Leaving Bitcoin Behind? Stock Surge Leaving Bitcoin Behind? The longstanding correlation between the Nasdaq and Bitcoin took a hit today as the two markets diverged, signaling potential shifts in investor sentiment. This breakdown could be a precursor to broader market volatility, particularly as Nvidia prepares to release its much-anticipated earnings report tomorrow. Nvidia initially opened lower today but reversed course, closing up 1.6%. The stock has rallied nearly 10% in August, fueled by bullish commentary from customers who are continuing to invest heavily in data centers and Nvidia-based infrastructure. This optimism has set a high bar for tomorrow’s earnings. Bitcoin, meanwhile, is trading at $62,000, about 25% above its lowest point this month. However, the cryptocurrency is potentially facing stiff resistance at $65,000. This struggle at a key technical level could be a signal of waning risk appetite. The Federal Reserve’s potential rate cuts are also a double-edged sword for Bitcoin. While lower rates typically boost risk assets, there’s a growing concern that such a move could indicate deeper economic troubles ahead. On the bullish side, Paul Christopher, head of global investment strategy at Wells Fargo, recently likened the current market environment to 1995, when the S&P 500 soared to 77 all-time highs. If history repeats itself, stocks could be on the cusp of a rally not seen in nearly three decades.
BLACKBULL:BTCUSD
by BlackBull_Markets
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.
COINBASE:BTCUSDLong
by Thief_Trader
Bitcoin and altcoin overview(August 27-28)Yesterday for Bitcoin , as expected, we transitioned to a local correction from the global sell zone. At the moment, we have reached the first resistance zone - prices around $63,000. Sales are quite weak, but we don't see any signs of protection for this zone, except for a small decorrelation in cumulative delta. The main expectations are for the downward movement to continue to the next buyer's zone. Globally, we expect a resumption of the upward movement, either after breaking through the downward trendline within which we are declining, or after a volumetric reaction from the buyer in the marked zones. Buy zones: $61,500-$60,600 (accumulated volumes), $59,550-$59,000 (accumulated volumes), level $56,100, $52,000-$50,000 (volume anomalies), level $48,000. Sell zones and near-term targets: $67,000-$68,300 (mirror volume zone), $70,000 (round number, market seller aggression). Interesting altcoins For the N ULS coin, during the rise, a zone with volume anomalies formed at $0.52-$0.55, from which a reaction to sell should be expected. The situation is similar for the JUP coin. We received positioning from the $0.88-$0.90 zone for selling. We consider a short position upon retesting this zone.
by Crypto_robotics
Bitcoin respecting the 2 key moves very well ! This week, the price performed very well according to the analysis we did last week. The two key levels have been taking a very positive effect for Bitcoin's next surge. As we can see in the chart, Bitcoin broke through our inefficiency zone with great strength, creating a volumetric bullish candle. This is a very positive pattern, as in the last two days, it has remained in the key confirmation zone which I mentioned in my last Bitcoin analysis. As we can see, Bitcoin is still in a range, but it is recovering little by little. The best part is that Bitcoin is following the exact movement we have been predicting since we started this analysis several weeks ago. Looking at volume, buying pressure, and the overall structure, starting Monday, we could see Bitcoin make a strong bullish move. But note this: the price has not yet broken through my confirmation zone #2 or the green zone, so it could stay there for a few days before we see a strong upward trend. Best regards, and thank you for supporting my analysis, we are doing very well!
COINBASE:BTCUSDLong
by RocketMike111
Bitcoin Rally on the Horizon? Analyzing Q3-Q4 2024 Potential Bitcoin Rally on the Horizon? Analyzing Q3-Q4 2024 Potential by Mentor Luc of Global Miranda Miner Group Bitcoin appears to be setting up for a significant rally in Q3-Q4 of 2024. Historical data from the 2020 Halving shows a similar pattern, where Bitcoin experienced a strong upward movement during the same period. This year, the likelihood of a rally is further supported by the current economic environment, where monetary policies are adjusting, and interest rates are expected to decrease. Moreover, the continuous accumulation of Bitcoin by major ETF issuers like BlackRock is a strong indicator of institutional confidence, adding weight to the possibility of a rally. Additionally, the Fibonacci Retracement tool suggests that the next key resistance level could be at the 1.618 ratio. In 2020, this level correlated with a resistance point of $61,000, leading to Bitcoin reaching $69,000 by November 2021. If Bitcoin follows a similar path in 2024, the 1.618 ratio could indicate a resistance level around $173,000. This analysis provides a clear and compelling case for the potential of a Bitcoin rally in Q3-Q4 2024. As a trader or investor, how do you incorporate historical data and market signals into your strategy? Are you prepared to capitalize on a potential Bitcoin rally, or will you wait for more definitive signs? Is your portfolio ready for the possible market movements in Q3-Q4 of 2024? ------------------------------------------------------ Disclaimer: This analysis is based on historical data and current market conditions, but it does not guarantee future performance. Cryptocurrency investments come with significant risks, and it’s crucial to conduct thorough research and consult with financial professionals before making any investment decisions.
BITSTAMP:BTCUSDLong
by MentorLuc
BITCOIN MONEY MAGNET potential will rise easily to 69,000Just a simple chart and simple trading. In my analysis, I see a high probability that Bitcoin will rise easily to the important resistance point of 69,000 on the next week, if the diagonal trend line is not broken. Note : Please follow your strategy, this is just my idea and i will gladly see your ideas in this post. Don't forget to put STOP LOSS for your position, remember STOP LOSS is the key of consistency trading for long term.
Long
by Ricconacci_
1
"Powell and Trump's Pump" & New Study Showing BTC Fractal TargetWe had a nice pump in the markets today, stemming from J Powell's comments from Jackson Hole signalling not only one rate cut coming in September, but likely multiple (not priced in). RFK also kinda sorta endorsed trump but still kept the Hail Mary option open for him to still get elected (Don't hold your breath, although I'd love to see that. RFK had a great speech at Bitcion 2024 and is a good man, but doesn't have the votes). Markets reacted positively and some are boldly saying 'The Bull Run is Back'. 🚀 We shall see. Students of Hurst's Market Cycles will also note that this week (tomorrow the 24th preciely) should be the weekly cycle low, so that could also be a contributing factor. In this video, I briefly review the NASDAQ:IBIT chart showing one open unfilled gap lower (this can take awhile and so this is still on the table) as well as the new BTC fractal study I mentioned. (But I forgot to share the DXY chart showing that we're testing the important 101 level, which is looking like it's going to cut right through it like a hot knife through buttah). Most interesting... Check out this fractal overlay I pulled from earlier in the year, showing the possible path of Bitcoin higher, and that almost exacly lines up with current / previous trendline S&R as well as my Fibonacci price target of $150, which you can review in some of my other posts here... Finally seems like we'll have the wind at our back soon. While this was a nice breeze, I'm going to remain cautious and wait for confirmations higher to go 'all in'. For me, that's seeing confirmed closing price action above $74k. See the video for some specific / excact entries. If you'd like me to cover anything in future videos, leave a comment below. Thanks again to the TradingView team for choosing my last video as 'Editors Pick' today! 🚀🚀 Keep up the good work guys!
CRYPTOCAP:TOTAL3Long
by BrettFogle
2
Bitcoin BTC price can repeat the growth fractal from 2020-21?The fall of stock markets and the crypto market on 📉"Red Monday" 05.08 was called the most painful since the beginning of the Covid-19 period in March 2020. Who we are to argue with "analysts and giants of financial thought"?) We have copied the fractal of OKX:BTCUSDT price behavior since March 2020 and applied it to the current situation. 😱 And it's a "magic", at now everything is very well relevant Then we "seasoned" the chart with the marks when the Fed rate could be cut, namely: 18.09, 08.11, and 18.12. and added a "little" fibo levels that can work well in the future, because they worked well in the past. And here's what we're getting: 1️⃣ for the next week, the price of #BTCUSD shouldn't fall below $52,000 2️⃣ growth acceleration after the first Fed rate cut. 3️⃣ 2025 should be greeted with the price of CRYPTOCAP:BTC around $77000 4️⃣ and by the end of 2025, it would be nice to see $154000 for CRYPTOCAP:BTC Write comments under the idea and put 🚀 to subscribe, and watching how it will work out. And the more reactions will be under this idea, the more interesting idea updates we will make ;)
by P_S_trade
10
BTC/USDT showing some bullish signs ?As of August 19, 2024, Bitcoin (BTC) is currently trading around the $58,000 to $60,000 range, showing signs of consolidation after a period of intense volatility. The market is currently experiencing mixed sentiment, with some analysts predicting a potential breakout above $65,000 if key resistance levels at around $61,000 are breached. Several factors could influence Bitcoin's price in the coming weeks. On-chain data suggests that whale investors are accumulating BTC, which historically has preceded significant price rallies. Additionally, upcoming macroeconomic events, such as the release of the Federal Reserve's minutes and European inflation data, could also impact Bitcoin's trajectory. If these events signal a dovish stance on interest rates, it could drive further investment into Bitcoin, potentially pushing prices higher. Given these conditions, Bitcoin might see a push towards the $65,000 mark, with further potential to reach $90,000 by the end of 2024, as some analysts suggest. However, a downturn to around $55,000 is also possible if the market faces unfavorable economic news. Please note, this is a speculative analysis and should not be taken as financial advice. Always consider conducting thorough research or consulting with a financial advisor before making investment decisions.
Long
by WeloTrades
1
Bitcoin Update on the Top 10 Factors Leading to $150k - $250kIn this video, I'm updating a few of the factors we've been following for the past year, that could lead to a $150k - $250k or higher Bitcoin this bull-run. With some breaking news today, we're starting to see more of the dominoes fall in our favor. Namesly: 1. The Norweigan government just announced a "Norway Sovereign Wealth Fund’s Bitcoin Spree" of buying, which is very Bullish and should lead to increased country interest both as an investment and also inevetiably in making Bitcoin it's financial reserve asset. AKA - This is a Country FOMO Starter Kit. "Norway now indirectly owns 2,446 BTC through its investments in crypto stocks. That’s bullish news for Bitcoin. It paints an enticing picture of global sovereign support for the BTC price." 2. The BRICS nations now total 159 countries. What that means is a growing trend away from the Dollar (The DXY is crashing as of writing this and as I cover in the video). Less demand, equals more supply, and that can lead to hyperinflation (Unless the US moves toward a Bitcion Standard and as Trump recently stated, buys a large block of Bitcoin to add as a reserve asset). 3. Morgan Stanley recentl announced it's giving the 'Green Light' for it's army of financial advisors to start recommending Bitcoin to it's high-net worth clients. While they are starting out cautiously, this is clearly a trend that will continue and lead to other institutional FOMO. For these reasons and more, I've updated my 'Path to $150k -$250k Bitcoin Study' per the video. Would love to hear your toughts, and if I've missed anything at the macro level. I'm actively following a few newer theories related to massive liquidity about to hit the markets which should drive risk assets like Bitcoin higher as well. Cheers
COINBASE:BTCUSDLong
by BrettFogle
A better Weekly M_TOP chart Bitcoin Sorry guys, the last chart weekly was a bit busy on the eyes. Try this one. Analysis below. ****************************************************************************************** I wanted to take apart the bitcoin selloff due to the M-TOP that formed on the weekly chart in 2024. M-TOPS will always form as price-action increases and profits are locked in by traders buying at lower prices. In case you find it hard to read the chart. The price basically dropped a further 19% when the neck was properly breached by the 1 July weekly candle of 2024. If you know a thing or 2 about M-Tops.... the distance of the top of an M-Top structure to the neck-line should always be the same distance from the neck-line to the lowest price point. In this case it is about 19%. Finally the most recent weekly candle has rebalanced the previous bearish candle of 5 August by 50% fib retracement, sure price could retrace back down to 38.2% of that bearish pink candle & would in all likelihood gain strong support there. The 38.2% retracement of the last bearish 5 August candle is about 54,000 (BUY) But it's price action is very volatile even more so than Gold so keep that in mind. Scale in to buy with very low lot size within your margin affordability. Last Advice: Never hold onto a losing trade that is going against you. It will keep going against you.
EIGHTCAP:BTCUSDLong
by Easy_Explosive_Trading
1