BTC DAILY PRICE ACTION 16 oct 2024The expectation here is that either BTC needs to hold 69000 which looks tough, why?
I will do a video analysis on it soon.
Retracement should push at the bottom where I have got an alert. There I will add again.
Bitcoinusd
run it back bitcoin#Bitcoin repeats April-October 2023 process as momentum confirms!
As the end of the April-October 2024 period approaches, CRYPTOCAP:BTC will begin to make moves towards new highs.
13% profit 30% in total, bitcoin might do a new higher high Recap: first off all congratulations to everyone who followed my signals, we are on our second trade the first one made more than 16% profit and the second since September 1st made more than 13% and still going strong
Since September 1st I've guided my followers through entry and exit points and thanks to my perfect entry the last panic sale didn't put us in the red even thought I've pleaded every trader to buy Bitcoin and that it will at least go above 65858$ and I've been trolled for saying that now the joke's on you
Bitcoin will continue it's uptred and might do a new higher high
Bitcoin Quest- History tends to repeat itself.
- The maximum could reach around 250k.
- The minimum could drop to about 40k.
- Remember, the longer it takes, the higher we could go.
- The graphic is straightforward as usual; just track "colors", "bubbles" and "trends."
- Keep in mind, while the future is uncertain, we can still speculate.
Happy Tr4Ding
Bearish View Here we have a Nice Head and Shoulder pattern and a Support Break just wait for a Valid Retest Conformation with Bearish Candlestick pattern which Indicates a Bearish Pressure and then we can go Short with proper Risk Management.
BTC: Two Likely Scenarios I'm WatchingBitcoin hasn't yet been able to break out above the diagonal resistance that formed after the most recent high.
Until we're able to do a bump-and-run ABOVE this trendline, lower lows seem the most likely until we've found a zone with sufficient buying pressure to take us back upwards. Lower lows and lower highs mean short term bearish, unfortunately.
I discuss the reasoning for these two scenarios in a little more detail, here:
However, this doesn't imply that there won't be decent range trades / swing trades in this area - in fact, there's been incredible opportunities whilst Bitcoin chops around. Follow here to make sure you never miss a moment!
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BINANCE:BTCUSDT
Told you!!!!! Bitcoin is blowing up and it's just the beginning I've posted many times in the last week that bitcoin is showing amazing bull activity and that it's only a matter of time for it to blow up recovering all it's loss
It happened 8n the best scenario possible in just one day 3.67% profit and still more to go
Told you!!!!! Bitcoin is blowing up and it's just the beginning I've posted many times in the last week that bitcoin is showing amazing bull activity and that it's only a matter of time for it to blow up recovering all it's loss
It happened 8n the best scenario possible in just one day 3.67% profit and still more to go
Bitcoin hedge short oppurtunity I'm looking some shorts between 64000$-62610$ on #BTC . It is gonna be hedge short for my current long altcoin positions and possible hedge for Isreal retaliation agaisnt Iran during weekend. Im still bullish overall.
I will be looking for strength-confirmations in order to close shorts and open longs in the marked area between 61300$-59000$ on #bitcoin . I am still bullish. We are coming from the daily bullish structer. I am positioning myself to possible weekend drop. #BTCUSD #cryptotrading
BTC - Daily Repitetive PatternsNo words!
You tell me what happens next?
The BTC price recently fell from the top of the channel, and after breaking the support trend line, it made a pullback to retest the broken trend line. This pullback indicates a potential continuation of the bearish movement. Based on the pattern, it looks like Bitcoin could be setting up for another drop.
It's not too late to buy bitcoin, you will make 4% profit Bitcoin showed great signs of recovery after the latest pull-back.
My analysis: bitcoin is going above the 65858$ higher high.
Bitcoin update 5000$ in a rowbtc exactly reacted where the supply area and gave 2000$ in sell side and upside almost gave 3000++ points and also market still running in sell side
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📌 Note :
⨻ Check the live market updates and analysis yourself before buy 📈🔺 or sell 📉🔻
⨺ Am not giving any advisory or signals its just my idea for upgrade my knowledge 📚 in trading
⨹ This is my pre and post market analysis to improve my trading journey 🚀
⨂ Am Not suggesting anyone to buy or sell ❌ am just giving my views 👀
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HAPPY TRADING 🥰
BTC - 4H Strong Buying OpportunityThis Bitcoin 4H chart shows a strong buying opportunity as the price is hovering above a key support zone around $61,800. A small stop-loss below this zone can help manage risk while targeting an upward move toward $63,500. The setup offers a favorable risk-to-reward ratio for short-term buyers. Keep an eye on price action to confirm momentum!
BTC Gearing Up for a Breakthrough: Election Day Could Align BTC is showing clear signs of nearing a breakout. The upper trendline (marked in yellow) is the key area to watch, and it’s only a matter of time before it gets broken. After completing a significant reset at the bottom of an XYZ or ABC pattern, BTC has now entered an impulse wave, suggesting we’ve moved past Wave 4 correction.
What’s intriguing is the timing: the top of Wave 3 of 5 seems to coincide with Election Day in the USA, hinting that a major Wave 5 of 5 flameout could follow toward the end of January. With some early signs of bullish momentum and the formation of a strong impulse wave, this long-awaited breakout is becoming more and more probable.
The last bitcoin downfall is healthy for a new higher highWe've seen in the last couple of days that bitcoin pretty much crashed which got traders sracared that it will continue to lower lows
My analysis shows that it's very healthy because this Downfall is respecting the fibonacci levels
BTC at Critical Support: Strategy for the Breakout or Further DeBTC is currently holding strong around the $60K support level, but the overall trend is still showing a downtrend on the hourly chart, with the price trading below the EMA21, EMA50, and EMA200. The market is at a crucial point, and patience is key to avoiding unnecessary risks. Here's my detailed strategy for short-term trading in this scenario:
1. If the trend breaks out:
- I'll wait for confirmation of a breakout above the current trendline.
After the breakout, I will enter a buy position on the pullback, targeting an entry around $60,900 and a stop-loss set just below $59,900 to manage my risk.
- My take-profit target 1 is $63,100, and my take-profit target 2 is $66,000, where I expect potential resistance. This setup ensures I'm following the trend with minimal risk.
2. If the downtrend continues:
I'll hold off on any immediate trades and wait for the price to reach the next support zone around $58K-$57K, as highlighted on the daily chart.
- I will only consider entering a position if the price manages to go above the EMA21 and EMA50, signalling potential bullish momentum and a possible trend reversal.
If the price breaks below $57K, I’ll reassess the situation, as further downside to GETTEX:52K -$50K could be possible.
Advice: It’s important to remember that no trade is guaranteed, and risk is always involved. My approach is to wait for clear signals before entering any position, ensuring the risk is managed correctly. I’ll also closely watch for volume spikes and any potential news influencing market movement.
Finally, with the market being highly volatile, this is *not financial advice*. I always recommend doing your own research and making sure you're comfortable with the risk involved before making any trade decisions. Stay patient, stay disciplined, and remember that sometimes the best trade is the one you don’t take!
#Bitcoin #BTC #CryptoTrading #TradingStrategy #TechnicalAnalysis #CryptoCommunity #RiskManagement #NotFinancialAdvice
#Bitcoin Short Time!The uptrend will continue unless CRYPTOCAP:BTC makes a four-hour close below $58977
BTC - Daily, a Pullback before the bullish rallyI’m bullish on BINANCE:BTCUSDT for the higher timeframes and expect a new all-time high (ATH) by late 2024 or early 2025. However, in the short term, my strategy signals a potential pullback. I’ll take a short at the $66K zone and look to add to my crypto assets if the price drops to the $60K zone again, just like in my previous trades. This could be a great scalp opportunity while still preparing for the longer-term rally.
BTC In 4h Timeframe
The first step for Bitcoin to rise is to close the daily close above 64254 and if it can brake 65230 again, it will be activated higher, I will wait for now.
But I think the correction to 61 will be very healthy
Bitcoin - Market unease continues...Market unease continues, with any small disruption potentially triggering panic and a sharp sell-off. It's uncertain whether this will lead to long-term manipulation for buying at lower prices or signal a significant collapse of the crypto bubble.
The grey zone on the chart represents a key decision point - keep a close eye on it for potential movement.
Heed your DD!
BtcUsd moving up to complete wave 5, a, b & c!Looking for Impulse Up then down.
BtcUsd already complete wave 4 now should move up to complete next waves. It's important to have your own rules on RR and adhere to them. This trading idea is intended to assist you and enhance your knowledge. If you have any questions, please ask me in the comments.
Learn & Earn!
Wave Trader Pro
FROM Our Previous Bitcoin Outlook!BTCUSD Seems to be confirming more of our previously predicted move, Hope all My Crypto followers are eating from this setup!!
Bitcoin (btcusdt) → Two Key Scenarios After Wedge Breakouthello guys.
Bitcoin has broken out of a descending wedge, signaling potential bullish momentum. The price is hovering near the $66,500-$67,000 resistance, with two possible scenarios:
Scenario 1: Immediate Breakout
Target: $75,000-$76,000
Path: A clean break above $67,000 could trigger a strong rally toward the $75,000-$76,000 zone, continuing the bullish momentum from the wedge breakout.
Scenario 2: Pullback Before Rally
Target: $58,000 (correction) → $75,000 (rebound)
Path: If Bitcoin fails to break $67,000, a pullback to $58,000 is likely. This could act as a support base, after which a rebound might drive the price back toward the $75,000 target.
Both scenarios are bullish, with the primary difference being whether Bitcoin rallies immediately or after a corrective dip.
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