Get started

Bitcoinprice

Bitcoin - Half way to the $200.000 target!BITSTAMP:BTCUSD is consecutively retesting the previous all time high and breaking out soon. You all know my life motto: Keep your long term vision. This is especially true when it comes to trading the major swings on Bitcoin. These very volatile short term moves will always give you a false perception of the underlying trend. And the underlying trend on Bitcoin is bullish, despite the recent back and forth at the previous all time high. I do expect a major bullish breakout soon. Levels to watch: $67.000 Keep your long term vision, Philip - BasicTrading
BITSTAMP:BTCUSDLong
by basictradingtv
8
Bitcoin Surges after Donald Trump Assassination AttemptMarket Update - July 19, 2024 Bitcoin Rallied Amid Renewed Volatility Linked to Trump's Election Prospects Mt. Gox Moves SEED_TVCODER77_ETHBTCDATA:9B in Bitcoin Ahead of Creditor Repayments Investors Hedge Positions as US Spot ETH ETFs Near Launch Coinbase Shifts Strategy for Gary Gensler Subpoena Hong Kong to Release Stablecoin Consultation Results Bitcoin Rallied Amid Renewed Volatility Linked to Trump's Election Prospects Following an attempt on the life of Donald Trump on Saturday, crypto assets linked to the US Republican candidate’s chances of winning the November 4 election experienced increased volatility. Bitcoin surged by around 7% as the candidate's probability of winning rose to 70% on popular prediction market Polymarket. After the event, Bitcoin broke above the crucial 200-day simple moving average (SMA), indicating a positive long-term trend. Additionally, Trump-themed Polifi tokens also surged on news of the attack. Recently, Trump has embraced crypto and been pictured with various high-profile figures, seeking a comparatively friendlier regulatory environment than the one President Biden has overseen. Consequently, some have viewed Bitcoin and the broader crypto market as bets on Trump's victory. Trump’s selection of JD Vance as his vice presidential candidate was also seen as a positive choice for crypto. A former venture capitalist, the Ohio Republican has been supportive of the crypto industry and criticized the SEC for what he perceives to be regulatory overreach. Last year, Vance, along with other Republican lawmakers, sent a letter to SEC Chair Gary Gensler expressing concerns about its lawsuit against crypto company DEBT Box. Vance is also believed to personally hold more than $100k worth of bitcoin. ⛏️ Topic of the Week: How to Mine Crypto ➡️ Read more here
GEMINI:BTCUSD
by Gemini
2
BTCUSD Daily chart Potential breakout ( Potential Inverse H&S )This is a Daily chart on the BTCUSD Recently the price has been pulling back producing a correction of about 25% ( something normal for this kind of bull runs ) Recently the price encountered a double support from a general up trend support line ( lower red line ) and a support range. From there the price bounced up and managed to cross above a smaller up trend support line ( green line ) Currently the price is retesting this line If the price bounces up from here this can continue the recovery in the price but it will also form a potential inverse H&S in the process This Inverse H&S gives a projection for a potential increase to around 75000 - 80000 in the following weeks
COINBASE:BTCUSDLong
by RTED_Investing
2
DXY Heading Lower Toward Bitcoin Rally Zone The DXY is in a downtrending channel and despite today's small bounce based on MFG data, it's still looking like it will lose this key level in the coming days. This brief cool-off period before the 23rd when the ETH ETF is schedule to start trading would make sense and with BTC retracing from the strong sell order blocks at $66k which I've been talking about for over a week. The big question will be -- If BTC can break above the 5th attempt at the upper trendline resistance and close back above $72k and then a new new ATH over $74k. THEN I'll be convinced we do head hither. Until then, I recommend cautious optimism, taking profits along the way and being ready to get out of this market. The cycle low should be later in August, but we'll see.
TVC:DXY
by BrettFogle
Bitcoin (BTC) analysisDespite recording a correction of approximately 1% within the past 24 hours with a trading volume of $31.059 Billion, the Bitcoin price has recorded a jump of 11.93% within the past seven days, highlighting a strong bullish rise in the crypto space. Moreover, the market leader is on the path of testing the resistance neckline of its rounding bottom pattern in the 1D time frame, the outcome of which is unpredictable. On the other hand, the BTC coin price is also hovering close to its important resistance trendline of the descending channel pattern, highlighting increased price action for the star crypto in the market. The Moving Average Convergence Divergence (MACD) displays a constant rise in the green histogram with its averages recording a positive action. This indicates increased buying pressure for the BTC token within the crypto space. The RSI indicator has experienced a neutral action below its overbought range. However, the average trendline displays a bullish action, suggesting a positive outlook this week. Taking the current market sentiments into consideration, if the bulls continue to gain momentum, Bitcoin price will break out of its crucial resistance level and test its $67,775 mark. Maintaining the price at that level could result in the star crypto heading toward its high of $73,750.07 during the upcoming weeks. However, if the bears overpowered the bulls, the BTC price will lose momentum and plunge toward its important support level of $60,000 in the coming time.
by paul_endeo
1
Bitcoin and altcoins overview(Jule 18-19)Yesterday, we started a local corrective movement in Bitcoin. The entry into the support zone of $65,100-$64,600 did not result in a noticeable reaction, but as it went lower, the first signs of buyer defense appeared. The situation is not so straightforward now; globally, of course, we expect the continuation of the long movement, but locally, if we cannot hold above in the near future, we can expect the formation of a balance within the volume profile framework. Buyer zones: $61,700-$60,800 (pushing volume) $58,700-$65,200 (accumulated volume zone), $55,000-$53,900 (volume anomalies zone). Sales zones: $68,700-$69,800 (volume anomalies), $70,500-$71,400 (accumulated volume). Interesting altcoins. Regarding the MAVIA coin, there is currently a lack of purchase effectiveness visible. For further upward movement development, it is necessary to test the important purchase zone of $2.54-$2.44, and if there is a reaction in this zone, we expect the resumption of purchases. It is also possible to implement a speculative short idea targeting the designated volume zone if the upward movement develops from current prices. Scenarios are marked on the screenshot.
by Crypto_robotics
1
Bitcoin's Next Big Move: Long or Short? Key Levels to WatchHello Traders, Bitcoin has been moving within an uptrend channel for the past week, forming three continuous bottoms at 54,200, 55,000, and 56,600. This pattern suggests it has been gaining momentum for a significant move expected tomorrow or the day after. Long Scenario: If Bitcoin succeeds in breaking and closing above 59,200, I will enter a long position targeting 62,200. My stop-loss will be set at a close below 56,600. Short Scenario: If Bitcoin closes below 56,600, I will enter a short position targeting 51,500. The stop-loss will be set at the close of a 4-hour bar above 59,000. Happy trading! CRYPTO:BTCUSD
CRYPTO:BTCUSD
by Eymen-GUVEN
4
Bitcoin confirmed bullish reversal at Day TF Yesterday upwards impulse closed above previous swing lower high. For me that is a confirmation for bullish reversal. Been waiting for it for very long time. Pay attention to Bitcoin CME GAP on 4H/Day/Week timeframes. Strong enough to give very high probability to be closed in near future (before September). That move will create a higher low and give second confirmation for bullish reversal. Meanwhile at week timeframe confirmation is still far from being placed. We got to wait for this swing up to end and swing down to form a low. Will it be higher low or lower low - what do you think?
COINBASE:BTCUSD
by WiseAnalyze
Bitcoin Price Breaks $63,000 Following Assassination AttemptBitcoin Price Breaks $63,000 Following Assassination Attempt In a dramatic turn of events, the price of Bitcoin surged past $63,000 following an assassination attempt on former U.S. President Donald Trump. This unexpected spike in Bitcoin’s value has captured the attention of investors and analysts worldwide, highlighting the intricate relationship between political events and financial markets. The incident occurred during a campaign rally in Pennsylvania, where a gunman opened fire, targeting Trump. Fortunately, Trump survived the attack with minor injuries Market Analysis Analysts have linked the rising price of Bitcoin to improved odds of a Trump election victory. Trump’s pro-crypto stance has made him a preferred candidate for many Bitcoin advocates. Exchanges saw heavy trading volume as Bitcoin broke above its 200-day moving average, a technical level viewed by many as a bullish signal. Bitcoin’s recent price movement is part of a broader trend of volatility in the cryptocurrency market. Earlier this month, Bitcoin’s value had dipped to lows near $53,000 due to Mt Gox pay out and German government action with Bitcoin. However, the cryptocurrency has shown resilience, bouncing back and regaining its footing above $60,000. Investor Sentiment The assassination attempt on Trump has been described as a “black swan event” by some crypto commentators, referring to its unexpected nature and significant impact on the market. Investors are now closely watching the market to see if Bitcoin can sustain its current momentum and potentially reach new all-time highs. Future Outlook Looking ahead, the future of Bitcoin remains uncertain but promising. If Trump continues to gain political traction and maintains his pro-crypto stance, Bitcoin could see further gains. However, it’s important to note that the cryptocurrency market is inherently volatile, and external factors such as regulatory changes, technological advancements, and macroeconomic trends will continue to play a significant role in shaping Bitcoin’s trajectory. Conclusion The recent surge in Bitcoin’s price following the assassination attempt on Donald Trump underscores the complex interplay between politics and financial markets. As Bitcoin continues to evolve and gain mainstream acceptance, events like these will likely become more common, reflecting the growing influence of cryptocurrencies in the global economy. Investors and analysts will be keeping a close eye on future developments, particularly in the political arena, as they assess the potential impact on Bitcoin and other cryptocurrencies
BITSTAMP:BTCUSDLong
by bryandowningqln
BTC BULLS ARE BACK ?BTC / USDT In my previous analysis i mentioned area between 54-50k for potential bounce And thats exactly what happen..it pumped hard from 53k You can check my previous analysis ▶️ here What next ? Above red zone in my chart bulls are in full control So as long as price is holding above this area i keep my eye at 70k We can also see that many altcoins printed giant bullish patterns with fear sentiment in market for days in G&F index Surely this could be the bottom for BTC& many altcoins for the next rally…What do u think ? Share with us in comments section below ⬇️
Long
by Babenski
2
BTC about to drop down, again!Cryptocurrencies rallied over the weekend following the assassination attempt on the Republican presidential candidate Donald Trump. Experts expect the botched attempt to increase the odds of a Republican victory. “As we near elections this fall, the cryptocurrency community has generally shown bullish responses toward pro-Trump news, due to his recent pro-crypto comments. It goes without saying that surviving an assassination attempt is perceived as pro-Trump news. Therefore, bullish responses have occurred,” the crypto intelligence firm Santiment said. The price of Bitcoin rose 4.4 percent to $62,610 over the past 24 hours, after having dropped 5.5 percent over the past month, Trading View’s Bitcoin chart shows. Another factor that dragged down the price of Bitcoin over the past weeks, but now is gone, is the massive sale of the Bitcoins seized by the German government. On Saturday, the government had sold off its entire balance of 49,860 Bitcoin, valued at $2.9 billion, according to Arkham Intelligence data. This relief might be temporary. “The impending Mt. Gox liquidation could significantly impact the market between August and October. Up to $6 billion of the $9 billion could be sold, potentially influencing market dynamics This potential influx of sales could create challenging conditions for Bitcoin traders in the coming weeks…,” 10xResearch writes in its daily note. A timid sun will shine over Bitcoin in the next hour or so signaling slightly bullish market conditions and possible buy opportunities. However, drizzle lingers over Ether, Binance Coin and Ripple’s XRP translating into bearish market conditions and potential sell opportunities. Over a 1-day and 1-week time horizon, this drizzle will sweep over Bitcoin, while Ether should profit from a timid sun shining through the clouds. Follow us for more crypto news and weather reports!
BITSTAMP:BTCUSD
by ATTMO
Bitcoin BTC price starts rapidly move after "fresh" US CPIThe "fresh" CPI US was announced at 3.0%, while the forecast was 3.1%, the previous figure was 3.3% The data is more than positive, laying a good foundation for the start of the Fed rate cut Logically, the price of financial assets should rocket upwards, well, at least the SP 500 does) But unfortunately, the correlation between stocks and CRYPTOCAP:BTC is now the lowest since 2019. On such positive news, in a strong market, OKX:BTCUSDT price should have soared to $62 thousand, or even $64 thousand Maybe this will happen with a certain "time lag" according to the blue scenario. But still, you should keep the red scenario in mind at the same time: First, another update at least to the $52000-52800 area and "shake out" of the long positions, and only after that the growth trend will begin. What are your thoughts? Which scenario is more likely now?
by P_S_trade
16