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Bitcointrading

BTC trade, BTC&USDT dominance analysis. When will the altseason?Do you think such a medium-term trade will work for BTCUSDT? Entry $29170 Stop $27999 (-4%) Take profit $32450-32750 (+18%) Potential profit/loss ratio = 4.5/1 The purple trend line since the beginning of the year is at $28350, stop at -1% below it in case of a squeeze. USDT dominance is in the middle of a multi-month consolidation. * USDT.D's upward movement to 8.20% will signal an exit from the cryptos to the stablecoin and, accordingly, altcoins will have a chance to lose another -20-40% * USDT.D's downward movement to 6.90% will give a "fresh breath of oxygen" to altcoins and allow them to organize a mini growth. Only below 6.90% can the alt-season begin. BTC dominance is now above the important 49% level. A signal that capital from BTC has begun to flow into altcoins will be consolidation of this indicator below 49%. And a drop to 44%-42% will only "heat up" the possible and long-awaited altcoin season. This is all theory) But in practice, everything changes hourly, and our/yours assumptions should be insured by stop orders. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
51
NOW: BETTER Trade setups than BTC Hi Traders, Investors and Speculators of Charts📈📉 The cryptocurrency market is constantly evolving, and one of the most interesting trends to watch is the rotation of liquidity between BTCUSDT and altcoins. This refers to the movement of capital/cash/dollars between BTC and alts as investors seek out the best opportunities for short term gains. When BTC trades range, many traders get shaken out (a term that implies "wicky" price action where stop loss gets triggered). A better bet for the moment is to focus on smaller cap altcoins that have much more upside potential and better risk reward setups at the moment than Bitcoin. Since we have already seen the rotation from BTC into higher market cap coins such as XRP, ETH, SOL and LTC, we can now expect to see rallies across the microcap altcoin market. But the altcoin market is more mature than last time. More and more investors are seeking to invest early in projects with real value, real use case and good fundamentals. Check out these coins instead of trying to trade Bitcoin whilst it is in range trading: _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck BITSTAMP:BTCUSD COINBASE:BTCUSD INDEX:BTCUSD COINBASE:BTCUSDT CRYPTOCAP:BTC
COINBASE:BTCUSD
by CryptoCheck-
29
Bitcoin BTC price is waiting for a "fresh" Fed Funds rate todayToday is an important day for the financial markets, in 10 hours (18:00 UTC) the Fed will announce a new rate. 98% of respondents expect a +0.25% rate hike from 5.25 to 5.50. More interestingly, it is predicted that this will be the last rate hike in 2023, and at the end of the year, they may even cut the rate a little. We won't go into the macroeconomics, but usually, when the rate is raised, the financial markets react by falling. That is, the financial markets have the following expectations: +0.25% (projected hike) = controlled market decline +0.50% = a strong decline in the markets. But we also need to look at the flip side of the coin. What if the projected +0.25% rate hike is already "priced in" to the current price? After all, the markets have been correcting for several days. Then, with the announcement of the 5.50 rate, there will be increased volatility in the markets, but the "market players" will say: oh, great, everything happened as expected, the correction has taken place, and now we can grow. Or, in an unlikely scenario, Mr. Powell will want to outplay everyone and say: "CPI is at 3%, which is almost 2%, which we have been pushing the economy to for more than a year, so we decided not to raise the rate anymore!" This will simply blow the markets up. Now let's take a look at the BTCUSDT chart On July 24, sellers managed to push the BTC price below the support of the 32-day consolidation in the range of $29500-31500. It would seem that the first thoughts are: everything is lost, trouble, the sellers have won, you need to sell everything... But take a closer look, do you see the increased trading volumes at the breakout of $29500? The massive triggering of long stop orders should have accelerated the fall, and there would have been forced liquidation of positions. But we didn't see anything like that. Could this be a bear trap? Today we will get answers to most of our questions: - If buyers fail to gain a foothold BTCUSDT price above $29700, then the red scenario with targets of $28100 and possibly $27300 will be finally confirmed and activated. We also want to note that we probably shouldn't expect a BTC price of $20-15-10-7 thousand or whatever guru-influencers-traders predict, because the cost of mining 1BTC is now $20-23 thousand. And then there is also a halving in 9 months, which will increase this cost at least twice. - If buyers manage to gain a foothold BTCUSD price above $29700, then the blue scenario with a target of $34200 will become completely real. Now, read the first half of the idea again. And I would like to conclude with a well-known trader's phrase: "Buy the Rumor, Sell the Fact". _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
52
BTCUSD Could Drop By -4.17% Soon!!!From my analysis on bitcoin, we could be seeing a possible drop in the price of BTCUSD by -4.17% and beyond. From my analysis , we could see this turn over of price from 29377.4 zone as sellers will most likely accumulate volume at that price point before the go short and in turn we could see a -4.17% drop if the previous drop is measured correctly. As an additional note, we can also notice that the heavy accumulation zone around 29600 has been broken, another indication of price on BTCUSD been short for the next days.
FOREXCOM:BTCUSDShort
by jarzzyfx
1
BITCOIN: Initiating a rally to 34,300 based on the STOCHRSI.Bitcoin keeps the 1D MA50 intact as Support inside the Channel Up since the start of the year. The 1D technicals turned neutral (RSI = 51.000, MACD = 329.200, ADX = 26.387) therefore starting to build up the conditions for buying again. The 1D STOCHRSI formed an LL pattern and the previous three such formations inside the Channel, ended up with rallies of at least +16%. Buy and target this minimum rally projection (TP = 34,300). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BTCUSDLong
by InvestingScope
6
New Bull Run Is Gonna Start But Till When?I have split EMA 50/200 Golden Cross and Death Cross in 3D chart. As we see we have bar/accumulation zone then we have bull run, for many people bull run means ATH but I don't think like this, it is a long term trend. Trend will start soon even covid black swan couldn't make it death cross so this trend is %100 till now. From 21.07.2023 our golden cross will start (hope so) and we will forward, first we should move at least %50 upside, correction. Retest for 200 EMA, probably will be somehere 30K then another steps up to upside. Adoptation, instutions, goverments, metaverse, de-fi 2.0, AI, CBDC count as many things for your long term plans. Till 2026 we have death cross time period so bull run might finish end of 2025 or early 2026. So are you still afraid that Bitcoin gonna 10K? There will many times to scared but not right now, please don't fomo in, don't all in. Crypto is risky asset. Have a nice day, all of gonna be super rich!
BNC:BLXLong
by kargaa
BITCOIN: The 4H Death Cross can deliver 32800.BTCUSD is on neutral 1D technicals (RSI = 48.291, MACD = 346.700, ADX = 26.388) which indicates its still consolidating despite today's sharp drop that turned the 4H time-frame red. We are expecting a 4H Death Cross to be formed today or tomorrow, which even though bearish in technical nature, it has been this year, in peculiar fashion, a bullish signal. This chart shows that the April 24th and February 14th Death Cross patterns delivered a strong rebound of +11.30% and +18.00% respectively. On all fractals, the 4H MACD formed a Bullish Cross from the oversold region. Consequently, we are expecting another (at least) +11.30% rebound (TP = 32,800). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BTCUSDLong
by InvestingScope
1
BCH/USDT will probably go out of the banner shock!BCH/USDT will probably go out of the banner shock! 🚀📈 Exciting News! 📉🚀 📉 BCH/USDT has recently experienced 5 consecutive days of slight decline, indicating the release of short selling momentum. But wait, there's more! 📈 The positive trend is pulling up, showing signs of a potential upward surge! 💹 💪 With the closest support around 225.04 (June 29, 2023 opening price), the outlook is promising for potential rebounds! 📊 🚩 Get ready for a flag-shaped oscillation pattern ahead, offering opportunities for both short-term traders and long-term investors! 📈🚩 🌟 Don't miss out on this golden opportunity! Stay tuned for potential profits as BCH/USDT prepares for exciting price movements! #BCH #USDT #ForexTrading
by Think_More
Ninja Talks EP 31: Bruce Lee TradingEmbracing Bruce Lee's Timeless Insights to Conquer the Markets "Empty your mind, be formless, shapeless like water. If you put water into a cup, it becomes the cup. If you put water into a bottle, it becomes the bottle. If you put it in a teapot, it becomes the teapot. Water can flow or it can crash. Be water, my friend." - Bruce Lee Embrace Adaptability: Just as water adapts to any vessel it occupies, be flexible and adaptable in your financial speculation. Markets can change rapidly, and being rigid in your approach can lead to missed opportunities. Adaptability allows you to adjust your strategies according to market conditions and seize profitable opportunities. Cultivate an Open Mind: Emptying your mind, as Bruce Lee suggests, means letting go of preconceived notions and biases. Approach financial speculation with an open mind, ready to learn and explore new ideas. Embrace different perspectives, strategies, and techniques, as they can broaden your understanding and lead to better decision-making. Flow with the Market: Water flows effortlessly, finding the path of least resistance. Similarly, in financial speculation, it's crucial to flow with the market rather than fight against it. Pay attention to market trends, follow the momentum, and align your trades with the prevailing direction. This doesn't mean blindly following the crowd, but rather understanding the market's dynamics and adjusting your positions accordingly. Be Shapeless in Risk Management: Water takes the shape of its container, and in financial speculation, you must be adaptable in managing risks. Tailor your risk management strategies to suit different market conditions. Employ appropriate risk mitigation techniques, such as position sizing, stop-loss orders, and diversification, to protect your capital and navigate uncertain market environments. Maintain Emotional Balance: Just as water remains calm and tranquil, strive for emotional balance in your financial speculation. Emotions like fear and greed can cloud judgment and lead to impulsive decisions. Practice emotional discipline, keep your emotions in check, and make rational choices based on sound analysis rather than being driven by emotions. Learn to Flow and Crash: Water can flow gently or crash with great force. Similarly, as a financial speculator, you must learn to navigate different market conditions. During times of stability, adopt a flowing approach, where you follow trends and take advantage of gradual market movements. However, when faced with turbulent times, be prepared to crash, which means having the ability to protect your positions, cut losses quickly, and adapt to changing market dynamics. Find Your Own Path: In Bruce Lee's quote, he advises, "Be water, my friend." This suggests that you should find your own path in financial speculation. While you can learn from others and study successful strategies, ultimately, you must develop your own approach that aligns with your goals, risk tolerance, and strengths. Being water means discovering your unique style and adapting it to achieve success in the financial markets. By integrating these seven points derived from Bruce Lee's quote, you can approach financial speculation with a profound mindset, leveraging adaptability, open-mindedness, market flow, effective risk management, emotional balance, versatility, and a personalized approach to carve your path to success. That’s all for todays episode Ninjas! Like, comment, follow and I’ll see you in the next episode. Keep your blades sharp. Ninja Nick
COINBASE:BTCUSDEducation
by NinjaTradingServices
Lets zoom out a little...is Bitcoin back? potentially. zooming out we can see that there is a confluence of the 21 monthly moving average, as well as a key monthly s/r level at 31500. with the full force of the blackrock news + all following bullish announcements from, citadel, fidelity, the fed etc i think theres a high chance we break through the 31500 level. before we the 3ac/ftx crashes, price was last trading at about 32k, giving a range high there. our range low is now around 16k. so the saying being, short resistance and long support, then i would wait for a clean break through the monthly 21 ma. this should give power to also break the range highs and give us a great entry towards 45500 very solid resistance area. provided we are somehow don't break through the range high, then a long term move could definitely take us towards the range lows, however, we've had some of the most bullish news, ever for Bitcoin. so im not going to one to fade it.
COINBASE:BTCUSD
by pinkzigzag
1
Bitcoin Had I made the lines and ideas more DRAMATIC i think they would have gotten more/some attention and likes etc. However, since I kept it really simple for you and made the most sense of your week and cut out the UNNEEDED DRAMA AND STRESS. CT isn't big on that kind of thing and loves to fuel the emptions etc. So this didnt get near as much respect as it should have. KISS (keep it simple stupid) UNLESS you're telling me right now your some super baller moving millions or at least hundreds of thousands. Or unless your using TIGHT stop losses and taking hits all day just to get 1 WIN and playing with HUGE leverage. Then most of this CHOP shouldn't be much of a play to you and if you can't help yourself then you should be looking for MAX tops to sell your scalps and max bottoms of the current given channels and ranges to make ANY $. Most should be sitting on their cash or position or hands right now and not even making a move. The buy time has come and gone and the time for scalps isn't for most. The time for reentry hasn't shown itself yet unless admitting full FOMO. and DCA down. The Only play forward right now is Full blown commitment to the idea that we have now turned $29.5k into new support and that this $31.5k range is getting broken FOR SURE and you think we NEVER see FWB:25K again EVER. Without that conviction its time to watch and see. IF you have it post and show it PRIOR not a story AFTER.
BITSTAMP:BTCUSD
by rarebreed29
BTCUSD Will 40k come now or later based on Wyckoff??BTCUSD is cruising on the 1W time frame as its technicals stabilized on steady bullish action (RSI = 61.246, MACD = 1832.600, ADX = 31.118) and looks ready for the next price push to 40,000. Based on the Wyckoff methodology, the current Re-accumulation phase could be as prolonged as the Accumulation of July 2022 - February 2023. The Buy Accumulation phases of 2021 as well as the Sell Accumulation phases of 2022 have been quite proportional in duration and length. Obviously, the last Buy Accumulation of 2022 was stretched by the FTX crash in November, which added an extra 2 months to the market recovery. Still, that is a possibility to see the current Re-accumulation phase extending another 100%, before hitting 40k. Do you think it will be the short or the long road to 40k eventually? ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BTCUSD
by InvestingScope
13
BTC/USDT showing signs of a bull market, indicating a potential Analysis of BTC/USDT for Long Move with Fluctuations: In the current market conditions, BTC/USDT is showing signs of a bull market, indicating a potential upward trend. Traders may consider opening long positions to take advantage of this positive momentum. When analyzing the price action, it's important to identify key support and resistance levels. Support represents a price level at which buying pressure is expected to emerge, preventing further declines. Resistance, on the other hand, signifies a level at which selling pressure may increase, limiting upward movement. Supply and demand dynamics play a crucial role in price fluctuations. A strong demand for BTC/USDT indicates buyers' willingness to purchase at higher prices, potentially driving the price upwards. Conversely, an excess supply of BTC/USDT may exert downward pressure on the price. Moving averages, such as the exponential moving average (EMA), help smoothen out price fluctuations and identify trends. Traders often look for crossovers and divergences between different moving averages to confirm potential entry or exit points. The Relative Strength Index (RSI) is a popular oscillator that measures the strength and momentum of price movements. It helps traders identify overbought or oversold conditions, providing insights into potential reversals or continuations of the trend. Fibonacci levels and retracements are valuable tools to identify potential support and resistance levels based on the Fibonacci sequence. These levels help traders anticipate price reversals or extensions during uptrends or downtrends. Volume, represented by the number of shares or contracts traded, provides insights into the level of market participation. Higher volume often indicates increased interest and stronger price movements, while low volume can lead to decreased volatility and liquidity. Volume profile analysis assists in identifying the concentration of trading activity at specific price levels, helping traders understand areas of high liquidity and potential support or resistance zones. Breakout patterns occur when the price surpasses a significant support or resistance level, indicating a potential shift in the market trend. Traders closely monitor breakouts for potential entry or exit opportunities. Higher highs and higher lows are indicative of an uptrend, suggesting that each subsequent peak and trough is higher than the previous one. This pattern highlights sustained buying pressure and an overall positive market sentiment. Trendlines are graphical representations of support and resistance levels, drawn by connecting the consecutive highs or lows. Traders use trendlines to identify the overall direction of the market and potential areas of support or resistance. Support levels act as price floors, where buying pressure typically increases, preventing further declines. Traders closely monitor these levels for potential bounce-backs or reversals. Volatility refers to the degree of price variability in a market. Higher volatility presents increased trading opportunities but also involves greater risk. Traders adjust their strategies based on the level of volatility in the BTC/USDT market. Liquidity reflects the ease of buying and selling an asset without significantly impacting its price. Higher liquidity provides smoother execution and tighter spreads, allowing traders to enter and exit positions more efficiently. In summary, when analyzing BTC/USDT for a long move with fluctuations, traders should consider the bull market conditions, identify key support and resistance levels, monitor supply and demand dynamics, use technical indicators like moving averages and RSI, analyze Fibonacci levels and retracements, evaluate volume and volume profile, watch for breakouts, identify higher highs and higher lows, draw trendlines, and pay attention to support levels, volatility, and liquidity. These factors collectively contribute to making informed trading decisions in the BTC/USDT market.
Long
by SafeCryptoSignals
Bitcoin Analysis: Unleashing the Bullish SurgeWe predicted that Bitcoin would lead the way! Bitcoin experienced a significant upward breakout with substantial trading volume, reaching levels not seen since mid-March. This leads me to believe that Altcoins will soon follow suit. As Bitcoin gains momentum, the entire market tends to experience growth. However, it's important to note that when Bitcoin temporarily pauses or retraces, Altcoins tend to see a surge in value. It's crucial to keep in mind that market fluctuations, shakeouts, and volatility are all part of the journey towards higher prices. Remember that the overall trend is characterized by higher highs and higher lows, indicating long-term growth. Although Bitcoin is currently exhibiting a bullish trend, it's worth considering that we might still witness a significant correction or consolidation phase before the next full-blown bull market emerges.
COINBASE:BTCUSDLong
by SafeCryptoSignals
BTCUSD: Testing the 1D MA50. Buy the candle close.BTCUSD is on neutral technicals on the 1D timeframe (RSI = 52.076, MACD = -177.600, ADX = 37.429) as it remaing inside the two month Channel Down but hit its top today, as well as the 1D MA50 for the first time since May 29th. If it closes the 1D candle over it (hasn't done so since May 6th), we will buy the breakout and target R1 (TP = 32,400), which is a 12 month top (since May 31st 2022). If it gets rejected though, we will wait until contact is made with the 1D MA200 before buying, with the same target. The 1D RSI trend is fairly similar with December 2023. It has also a LH trendline, which if broken, gives its own buy signal. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BTCUSD
by InvestingScope
6
BTC/USD Bullish FlagBitcoin is forming a possible bullish flag on the daily chart. MACD and RSI are neutral(a little bit in the negative area). Which means we have more room to the upside if a break of resistance comes. Look out for support and resistance levels. Currently 1.618 fibonacci support is keeping the price from coming down. Weekly MACD is negative and RSI is neutral. Keep that in mind. Greater trend looks a little bit more bearish than bullish. FED Meeting is in 44 hours. I wouldn't do anything too risky just before a FED meeting. What do you think? Comments will be appreciated.
BITSTAMP:BTCUSD
by AttilaTurkei