Get started

Bitcon

BITCOIN trading advise... hi guys I'm msnp.. bitcoin is going up today and I wonder that what are you doing in this time? buying? selling? hodl? happy? worried? sad? so first of all lets see what happening on technical side : in last post about bitcoin we said everything you need when you sell and buy and now i see a channel , last move speed was so high and i think its unstable so be careful. if you are in the market: 1. you can hodl but be careful. 2. you can sell a little bit and wait for next opportunity. it's all on your strategy and personality if you fell fear or greed if you are waiting for 100k bitcoin or 20k bitcoin I have to say sorry pall market don't care about our idea, about our wishes (new home, new car ....) market a place without any sense, so OfCourse he can't understand our feelings. ok next if you are in cash don't worry you miss nothing just avoid of FOMO and be ready for another opportunity. im here for any questions and problems follow me and be happy
by imMsnP
2
Bitcoin's Next Halving - A Technical Analysis PerspectiveAs we approach the much-anticipated Bitcoin halving scheduled for April 19, 2024, it's essential for traders and investors to assess the potential price movements based on technical analysis. In this analysis, Bitcoin reached its previous all-time high (ATH) of November 8, 2021, while considering the formation of a Cup & Handle pattern and a retracement to the Fibonacci 0.618 level before the halving event. Previous ATH Resistance: Bitcoin's journey to its previous ATH on November 8, 2021, marked a significant milestone. The price action during this period resulted in a strong resistance level that traders should closely monitor. Psychological factors may come into play as Bitcoin attempts to breach this resistance, potentially leading to increased volatility. Cup & Handle Formation: A Cup & Handle pattern is a bullish continuation pattern often seen as a signal of a potential upward trend. In the context of Bitcoin's price chart leading up to the next halving, the market may exhibit a Cup & Handle formation. Traders should be vigilant for the cup formation, followed by a brief consolidation forming the handle. The breakout from the handle could signal a strong bullish momentum. Fibonacci Retracement to 0.618 Level: Technical analysts commonly use Fibonacci retracement levels to identify potential support or resistance zones. In this scenario, a retracement to the 0.618 Fibonacci level, approximately around the $50,000 mark or potentially lower, could serve as a critical support level. This retracement could provide a buying opportunity for traders looking to enter the market before the halving event. Halving Impact: Historically, Bitcoin halving events have been associated with significant price movements. The reduction in block rewards tends to create scarcity, potentially driving up demand and prices. As we approach the April 19, 2024, halving, it's crucial to factor in this fundamental aspect when making trading decisions. Conclusion: In summary, the technical analysis suggests a potential scenario where Bitcoin retraces to the Fibonacci 0.618 level, forming a Cup & Handle pattern before the April 19, 2024, halving. Traders should remain vigilant at the previous ATH resistance level and be prepared for increased volatility. The halving event itself may act as a catalyst for a bullish trend, but market participants should carefully monitor key technical levels and consider risk management strategies in their trading decisions. As always, it's essential to adapt to changing market conditions and reassess the analysis based on real-time price action. Note: Not Financial Advice
CRYPTO:BTCUSD
by sailortrades
Black Rock push Bitcoin price to new highs, But Bitcoin is aboutAs the United States continues to approve Bitcoin spot ETFs, more and more funds are entering the market. Undoubtedly, these institutions have made a lot of profits. However, the bull market for Bitcoin cannot last forever: The overall economic performance in the United States is struggling, and the issue of inflation has not been fundamentally resolved. The Federal Reserve is likely to postpone interest rate cuts. Continued interest rate hikes could lead to a sharp decline in Bitcoin prices. The current attitude of the United States towards Bitcoin remains delicate, and approving a few ETFs is not a particularly significant positive. Nevertheless, it remains a key factor driving the rise in Bitcoin prices, and I believe the market's imagination is overly optimistic. For any country, it is not yet time to compete for the pricing power of Bitcoin. Therefore, when the delicate attitude shifts, the market may panic, causing a decline in Bitcoin prices. The news of Bitcoin's halving has fueled a continuous rise in its price. However, the problem is that this information has been known for a long time and has already driven the market higher. It should not be a reason to continue pushing prices. When Bitcoin's halving actually occurs, the price of Bitcoin may decline. I believe the current market is overly irrational, with a significant influx of funds leading to a continuous rise in Bitcoin prices. However, I think we are not far from a sharp decline in prices. The current market risks are substantial, and there are ample reasons for a downturn.
BITSTAMP:BTCUSDShort
by yangyangyyds
13
📈Bitcoin Next Stage 70K? / 2 Scenarios ahead of Investors📉BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. The cryptocurrency market has entered its bullish rally, but keep in mind that Bitcoin miners are planning to sell their Bitcoin before the halving event in order to make a good profit from this price growth. Considering that the price is approaching the Fibonacci channel, the possibility of price correction in the coming weeks is very high. Following the previous Bitcoin analysis, I closed my positions at around $50,000 and am not going to enter the trade on the current weekly candle, right now I am waiting for the next 3 days ahead. The ATR level in period 3 shows around 8500, if the last weekly candle remains above this value, the price trend of the next week will be bullish. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱‍👤Otherwise, make sure you leave comments and let me know what you think.🐱‍👤✍ 🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾
Long
by CrazyS
Bitcoin Halving: Before and After Price TrendsBitcoin Halving: Catalyst for Price Surges? Historically, Bitcoin's price has shown a tendency to increase after a halving event, although the exact dynamics can be influenced by a myriad of factors beyond just the halving itself, such as market sentiment, global economic conditions, and technological advancements within the blockchain ecosystem. Here's a brief overview of the price behavior around the past halving events: 1. **First Halving (November 28, 2012):** - **Before Halving:** The price was around $11. - **After Halving:** The price increased over the following year, reaching over $1,000 in November 2013. 2. **Second Halving (July 9, 2016):** - **Before Halving:** The price was around $650. - **After Halving:** The price trended upwards, reaching nearly $20,000 by December 2017. 3. **Third Halving (May 11, 2020):** - **Before Halving:** The price was around $8,600. - **After Halving:** The price saw a significant increase, peaking at over $64,000 in April 2021. It's important to note that while halving events tend to reduce the supply of new Bitcoins entering the market, leading to potential price increases, each halving event occurs in a unique market and global economic context. Therefore, while historical data can provide insights, it is not a guaranteed predictor of future price movements. Investors are always advised to conduct thorough research and consider multiple factors before making investment decisions.
BITSTAMP:BTCUSD
by awsmtrades
My Bitcoin Limit Order At 57.601Based on a Fibonacci starting at the low Monday February 26th and running to the high (wick) Wednesday February 28th and resistance at the 0.5 Fibonacci on the 27th... Thinking 57,600.00 is a possible limit order especially If volume decreases. The directional index and ADX are slowly trending down on the hourly chart. The Squeeze momentum indicator is heavy green but slowly trending down as well. The 57,600.00 is a bit of an optimists limit order and I am in based on the "why not" theory. Note the 200ma (white) is right on the 0.786 fib and a possible wick buy as well. Using an hourly chart because it's what most play on short candles. Compare and 45min, 4h and daily as well.
COINBASE:BTCUSD
by cowboycraig
MY IDEA FOR BITCOIN(BTC) UP TO ....., READ THE CAPTIONBitcoin has surged to impressive heights, marking a remarkable 26-month high as it soared to $53,360, a gain of over 4.6% within just 24 hours. Analysts are buzzing with excitement, with some like Ali Martinez pointing out the significant activity among Bitcoin whales. 🐋 These major players in the crypto market seem to be going parabolic, indicating a bullish sentiment and fueling speculation about a potential rally towards $60,500. It's a testament to the growing interest and confidence in Bitcoin as it continues to make strides in the financial landscape. 📈🚀 What do you think about this please leave your comments, for more uptades and analysis like comments and follow thank you for your love and support.
BITSTAMP:BTCUSDLong
by Forex_Signals_io
ADAUSDT,🟢Is it bullish or bearish?!🟢 (Details on caption) Well, as you can see the price started the retracement and hit the bullish order block that formed at the 0.705 Fibonacci level. Now if the price stabilizes above 0.536, we can expect the price to fill the FVG, but if the price is rejected from the bearish order block (0.5227-0.5367) we can expect the price reach to the previous low at 0.4477 and then 0.4110. 💡Wait for the update! 🗓️04/02/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
by VahidTradingCR
3
BITCOIN: Pullback before another rally?Hi Traders! The trend is bullish on the main time frames, but today we will only follow intraday chart (Log Scale). That said, from a technical perspective, CRYPTOCAP:BTC is forming a 12345 bullish impulse structure, and we are currently in wave 3. If our analysis is correct, Bitcoin could trigger a corrective structure (ABC or ABCDE Pattern) in short term before developing another rally. On 1H chart we showed the support area and the potential amplitude of wave 5. OUR LONG TERM ANALYSIS =======================
Long
by TheAnonymousBanker
6
BITCOIN Bullish UpdateBITCOIN price made a bullish move from $42,800 and is currently close to resistance area around $47K, so after a bullish move as well as price close to resistance, I expect the price to do a little correction before resuming bullish trend, And if bullish pressure is to high price might continue its bullish trend without correction. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
BITSTAMP:BTCUSDLong
by Stargazer_fx
3
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
BTC: Bracing for a Correction, Eyes on Key Fibonacci ZoneHey everyone! 👋 Today, we're diving into BTC's latest moves. I've spotted some intriguing signals that suggest a correction might be on the horizon. Let's break it down. First up, BTC has hit a significant daily order block (OB), which is often a precursor to a shift in price direction. For those who've been tracking, this OB has been a critical area to watch. Now, here's where it gets more interesting: BTC recently grabbed liquidity from a major monthly liquidity (LQ) level. This kind of liquidity grab is a classic move before a potential reversal. So, where do we expect BTC to head? I'm eyeing the 0.7 to 0.79 Fibonacci retracement zone. This area is not just a random pick; it aligns with the most recent monthly OB. Plus, it coincides with the psychological level of $30,000, a number that traders and investors alike pay close attention to. Why this zone? Well, the 0.7 to 0.79 Fib levels are often where prices find a strong reaction, either for a bounce-back or further decline. It's like a battleground where bulls and bears pause and think about their next move. What makes this scenario more compelling is the combination of these technical elements: the daily OB hit, the liquidity grab, and the alignment with a strong Fibonacci zone. It's like a confluence of factors coming together. But remember, folks, trading involves risks and uncertainties. This analysis is based on current market observations and past patterns. Markets can always surprise us, so it's crucial to stay informed and flexible. In summary, keep a close eye on BTC as it approaches the 0.7-0.79 Fibonacci zone around $30,000. This could be a pivotal moment, offering insightful clues about its next major move. Trade smart! 👍 Disclaimer: This is not financial advice. The content is for educational and informational purposes only and does not constitute trading or investment advice. Always do your own research and consult with a financial advisor before making any investment decisions.
CAPITALCOM:BTCUSDShort
by MatthewSeremetis
BITCOIN showing short term bearish signs.....BTCUSD price got rejected from the descending trendline and resistance area, If price stays below the support, we can expect the price to move lower towards support area.. In case, price breaks and close above the blue zone, price will be bullish.. Trade Wisely *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
BITSTAMP:BTCUSD
by Stargazer_fx
5