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Bitcoinusd

BITCOIN VIEW | 15m | UPDATEFor now I'm still in the buys from the last idea that I posted. From a psychological perspective people are most likely trying to catch the top of the BTC bullish movements which often leads to more movements to the other side that all the people are expecting. My targets which I'd possibly look for shorts are 66k where is a Daily 2WT or 69k which is a liquidity pool. Let's see how it goes! For first possible possible short term shorts I'd look at would be at least after raiding 64294.0. What do you think?
OANDA:BTCUSD
by curtal
Bitcoin is not following trends. Prepare for the moon visit!Dear Traders, I would like to share you my current opinion about BTC and the crypto market. First of all, since this is a trading platform, i will give you the necessary indicators about the price of BTC by using TA. Bearish indicators: In weekly candles, we see a very big ressistance at the top of the red ichimoku cloud around 42500 price level, if the candle closes below this line, we maybe see the bottom of the cloud at around 26000. The outlook of this weeks candle will be probably a red hammer, by rule that is a very bearish sign. RSI also bearish as hell, the macd is not significant. There is one thing which is interesting is the upcoming golden cross . That is a massive bullish sign. Ok now i did the compulsory round, so i can write a bit apart from this things. The general idea is that if we only consider the trend, it is a competition between traders, and of course we all doing the same analysis and see the same patterns. The price is not increased by the traders, it is by the regular people. There will be 3 major event in the Q1 next year. The US BTC ETF permission, the XRP trial and the halvening will happen also. BTC itself is just a symbol of this technology, but in terms of technology and efficiency, it is utterly useless at this level. So basically BTC killed himself by increasing in price, and decreasing in terms of block rewards. So at the end of the day, i think that we can see some consolidation, maybe no signifant movements until january, but then i expect a huge increase, maybe we check the 100 000$ price also :) P.s. In the third word countries, the internet is just starting to develop, and people there are exploring the opportunities, that will put a massive pressure on the crypto industry i think so, because holding a cryptocurrency will be a hedge for them. Share your ideas, and like if you agree! Have a nice day and thanks for reading it.
Long
by Arokthomasso
4
Bitcoin Update: The bull market has been startedBitcoin has initiated a robust uptrend since November 2022, with its current trading price nearing its previous all-time high at $61,000. At this critical juncture, two potential scenarios emerge: Bullish Scenario: Bitcoin could breach the $60,000 to $70,000 range, potentially driven by FOMO (Fear of Missing Out), thus bypassing a retest. This trajectory could propel Bitcoin to surpass $100,000, with projected targets ranging between $154,000 to $173,000. Bearish Scenario: Alternatively, Bitcoin may face rejection at its current level, leading to a decline towards support levels at $41,000 and $30,000. This downturn could prompt a retest of the $60,000 level.
by farhadnmd
Bitcoin Dominance: A Key Indicator for Altcoin SeasonIn the intricate world of cryptocurrency, where trends shift rapidly and market dynamics are ever-evolving, Bitcoin dominance stands as a critical metric, offering insights into the broader sentiment and capital flow within the digital asset space. Recently, the narrative surrounding Bitcoin's dominance has taken a noteworthy turn, stirring discussions about potential shifts in market behavior and the rise of alternative cryptocurrencies, or altcoins. Since September 2022, Bitcoin dominance has been on a journey, reflecting both the resilience of the pioneer cryptocurrency and the growing interest in alternative digital assets. However, recent developments have caught the attention of traders and analysts alike, as Bitcoin dominance breaks free from its bullish channel, signaling potential changes on the horizon. The significance of Bitcoin dominance extends beyond mere numerical value; it serves as a barometer for investor sentiment and market trends. When Bitcoin dominance decreases, it often indicates a redistribution of capital within the cryptocurrency market, with funds flowing towards altcoins. This phenomenon, often referred to as "altcoin season," is characterized by heightened activity and enthusiasm surrounding alternative cryptocurrencies. As Bitcoin dominance breaks away from its bullish channel, traders are closely monitoring key support and resistance levels, seeking clues about the market's direction. Currently, the market is retesting old major support levels, forming a distinct range that could offer valuable insights into future price movements. At present, the focus lies on testing the upper boundary of this range to gauge potential resistance. Should the market experience a rejection near the red old support zone, it could serve as an additional signal of Bitcoin's waning dominance and the increasing appeal of altcoins to investors. The implications of these developments are significant, as they could herald a shift in market dynamics and trading strategies. Traders and investors are keenly observing the charts, recognizing the potential for a turning point in the market's trajectory. While Bitcoin remains the undisputed leader of the cryptocurrency space, its dominance is not static, and fluctuations in this metric can offer valuable insights into evolving market trends. The current scenario underscores the growing diversity within the cryptocurrency landscape, with altcoins emerging as formidable contenders for investor attention and capital allocation. As Bitcoin dominance continues to navigate uncharted territory, the cryptocurrency community remains vigilant, analyzing market data and chart patterns to decipher the next phase of this ongoing narrative. Whether the current trend signals a definitive shift towards altcoins or merely a temporary fluctuation remains to be seen, but one thing is certain: the era of digital assets is characterized by constant evolution and adaptation, and understanding Bitcoin dominance is paramount in navigating this ever-changing landscape.
CRYPTOCAP:BTC.D
by UnknownUnicorn2319099
Bitcoin Bullish Continuation. to ATHsSup guys this is an update for the previous bitcoin chart analysis. following was on the previous analysis: Based on the chart, Bitcoin after sometime mooning, we needed a place to detour, correct and then continue mooning, so we can get to mars. So, we have been in a correction cycle where an WXY correction structure is seen, and once correction is complete, then a continuation bullish move is expected until 55k in Bitcoin. All important areas have been marked accordingly on the chart. Orders from the current price with a sl: @50K can be executed depending on how your portfolio or account is. CURRENTLY bitcoin is completing the correction, and from current price, Im expecting a bullish move. REMEMBER THIS IS NOT FINANCIAL ADVICE BUT A GAME I JUST LIKE TO PLAY WITH SOME OF MY FRIENDS. so if you blow your account or something then Im not gonna be liable.
COINBASE:BTCUSDLong
by Theofylrx
4
Bitcoin 📢 NO MORE DUMPS... but NO PARABOLA either📉Hi Traders, Investors and Speculators of Charts📈 More and more institutional buyers have recently admitted to investing in BTC, as we see Grayscale and BlackRock (to name a few) all invest massive amounts into this digital currency. This could mean a few things for this bullish cycle, including: 📢 More reach (more retail investors) 📢 Higher market cap (more wallets being created) 📢 Less volatility than previous cycles (institutional trading and holding) 📢 More reach (more retail investors) Recent news headlines have made almost anyone with a access to the internet aware of Bitcoin, if they haven't heard before. BTC promises great returns and is generally more stable than altcoins, making it a great start for newcomers who may want to try their luck with cryptocurrencies. 📢 Higher market cap (more wallets being created) The market capitalization increases as more liquidity (cash) is invested into BTC. As more and more institutions are buying and more and more people are buying, new wallets are being created at and more money is converted to Bitcoin. 📢 Less volatility than previous cycles (institutional trading and holding) Usually when large institutions enter the market, the volatility reduces. We see this clearly with most-traded commodities such as gold and silver. It becomes a safe haven for investors as they see brokers and other institutions give the nod of approval to Bitcoin. These are a few reasons as to why I'm not expecting a parabolic increase towards a new ATH, and neither a correction bigger than 30%. If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:BTCUSDT
Long
by CryptoCheck-
5
BITCOIN - 27/02/24' - Weekly Update Hello everyone, hope you guys doing great.. Firstly I would like to adress something from *Last update*, since some of you may been confused.. When I ment in update, that I expecting *Bearish Sentiment for 0-48hours* - IT MEAN, I EXPECT BEARISH SENTIMENT FOR 0-48 - Not for 5D, Week, Month etc.. and as far as Im concern, thats exactly what happend, before market continued remaining bullish to this day.. Secondly, since is close to end of month, and I would like to break down Market from Top to Bottom, I decided to wait With Update till Friday, when Monthly and other Highier time frame candles will close.. Meanwhile, I would just like to point out THAT --> Previously, when we reached closing price of 3M candle(either went slightly above or under), both times after that in upcoming days to weeks to MONTHs, we got some type of correction.. I will get deeper to it Friday... Until then, be carefull guys, and dont forget to use PROTECTION while you wildin out there ^^ Joe
INDEX:BTCUSD
by cryptocapitaltrading
"Bitcoin" is on the verge of an upward trend again📌By examining the trend in the four-hour time frame, Bitcoin has broken the resistance of the ceiling of the first upward channel and now, considering the increase in the moving averages of the ALLIGATOR indicator, the probability of the continuation of the upward trend is very high.❌ 🎯🎯In general, this scenario is strengthened that Bitcoin can increase to the resistance of the middle level of the second ascending channel in the range of $55214, provided that it maintains and does not record any close candle time of four hours below the support interval in the range of $51,136-50,613.✔️
INDEX:BTCUSDLong
by arongroups
Possible scenario Bitcoin BTC price movement for February 2024In February, trading in the BTCUSDT pair started at around $42,000. This value is approximately in the middle of the trading corridor with critical limits of $39000-39500 and $44250-44750 If you look at the left corner of the chart, you will see a table that shows that statistically, February is "green" for the BTC price Only February 2020 "subtly hinted" at how tough March 2020 will be. Those who survived this period with their deposits definitely got goosebumps at the mere mention of it...) And yet, it was exactly 4 years ago, before the previous "BTC halving" We have depicted the approximate possible movement of the BTCUSDT price for February on the chart. Particular attention and important trading decisions will need to be made when the Bitcoin price is near the critical limits of $39000-39500 and $44250-44750 What is your bet? Will February be green or red? Where will the BTCUSD price go to 52000 or 32000? Write everything in the comments!
by P_S_trade
25
Bitcoin: Projecting a $240K Milestone by the End of 2025 From the historical data, we can observe that the price of Bitcoin has experienced substantial volatility with a series of peaks and troughs forming a broad ascending channel. This channel is constructed using two parallel trendlines that connect the swing highs and lows of the price action, indicating key levels of support and resistance. The lower trendline, serving as support, has been tested multiple times, with each touch confirming the line's validity and suggesting a strong buying interest at these levels. Conversely, the upper trendline acts as resistance, where selling pressure has historically capped upward price movements. As of the latest visible data on the chart, Bitcoin is in an uptrend, having rebounded from the lower boundary of the channel. The current price trajectory, represented by the dotted extension line within the channel, forecasts a bullish outlook, with the potential target set around the $240,000 mark by the end of 2025. This projection assumes that the historical cyclical behavior and the channel's integrity will continue to hold true. The dotted lines within the channel may represent mid-channel potential resistance or support lines, which are typically drawn at levels where the price has shown a tendency to consolidate or reverse. These internal lines can provide traders with intermediate targets or entry/exit points within the larger channel pattern. The analysis suggests an optimistic long-term price increase for Bitcoin, aligning with the overarching bullish trend observed since Bitcoin's inception. However, the prediction also accounts for the inherent volatility in the cryptocurrency markets, which can lead to unexpected swings and trend interruptions. It's important to note that such analyses are based on historical price movements and assume that past patterns will repeat or continue, which is not always the case. External factors such as regulatory changes, technological advancements, market sentiment, and macroeconomic variables can significantly impact the price of Bitcoin and disrupt established patterns. This analysis is provided as an idea and is not intended as financial advice (NFA). Traders and investors should do their own research and consider their risk tolerance before making investment decisions in the cryptocurrency market.
INDEX:BTCUSDLong
by TechTrendDude
BTC Drop loadingI wasn't expecting the price to rise so much, but doesn't matter. As we has seen lot of times, it's squeezing some shorts. And as always, the higher the squeeze, the deeper the drop. I don't think it will broke above previous high (but i can be wrong), but what is sure is that is going to drop soon. It's clearly a bull trap, and it can go up a bit more before dropping. 41k is my main target, and invalidation will be clean break above 49k. Most important, don't long now.
Short
by SaliJournal