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Btc-bitcoin

An update on the bitcoin dominance charts double bottom patternWe can see that Bitcoin dominance is still on its way to the full breakout target from the double bottom pattern it broke up from a couple months ago. After breaking up from the neckline of the double bottom pattern it formed a bullflag and seems to have just recently broken upward from that bull flag. The target of the bullflag breakout lines up nicely with the double bottom breakout target giving us some nice bullish confluence to increase the probability of hitting the full target of about 57.18%. Once bitcoin reaches this level, it would not surprise me if thats when alt really start to pump afterwards. We shall see soon enough if that will hold true. *not financial advice*
CRYPTOCAP:BTC.DLong
by DrDovetail
2
BTC The Grand Scheme of ManipulationMy TA is based on SPX(SPY/SP500) long term, with Bull and Bear markets. - At around 92-95k, It is time to open a Big Short with x2-x3 and risk. - SL above 107k - I think it will slowly grind till 93-95k but fool everyone thinking it's going to 200k, etc. - Then, we'll see those massive red candles for weeks. - BTC sub 20k will come, but after a prolonged bear market. - Near 15k, a new Accummulation Phase will begin. Or, the MM's fool everyone and start the bear wave from the 70k zone, now.
BITSTAMP:BTCUSD
by MrDorea
BTCUSD: Bearish on the 1D timeframe but bullish divergence on 4HBitcoin is bearish on its 1D technical outlook (RSI = 39.469, MACD = -911.900, ADX = 24.282) but on the 4H timeframe it has posted a bullish divergence on the RSI via a HL trendline, which was present on the last two Lows. Those were not bullish divergencies though as the price was also on HL, which makes today's formation even more bullish. The pattern is a Channel Down so we are now aiming at a new LH on the short term. This was priced previously on the 0.9 Fibonacci level, so our TP = 71,000. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BTCUSDLong
by InvestingScope
🔥 Bitcoin Halving - Sell The News SignalNormally I don't look that much at moving averages because they are largely lagging indicators. However, sometimes the indicator shows a strong divergence. As seen on the chart, the 200 EMA has offered strong support on the way up, but has now caused a strong rejection, making way for the bears to push the price further down. Like mentioned in the analysis below, there's a chance that the Halving will be a sell-the-news event, especially since we had a new all-time high for the first time ever before the halving.
Short
by FieryTrading
11
BITCOIN - Price can bounce from support level and start to riseHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Some days ago price entered to pennant, where at once made an upward impulse to resistance area from support line. After this movement, BTC turned around and in a short time declined to this line, making a fake breakout of $72750 level. Soon, price exited from pennant and fell to support area, after which it turned around and started to grow in rising channel. In this channel, Bitcoin rose to $72750 level again and then made a downward impulse to $61900 support level. Also price exited from rising channel and now BTC still trading near support level and I think price can fall to it. Then Bitcoin can turn around, after declining, and start to move up to $67000 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
1
Bitcoin is Ready to Attack to Resistance zone⚔️💡Bitcoin started to rise after the Spot Bitcoin And Ethereum ETFs were Approved In Hong Kong but failed to break the 🔴 Resistance zone($66,100-$64,500) 🔴and created a Bull Trap . 🌊According to the theory of Elliott waves , Bitcoin seems to have completed 5 downtrend waves in the 15-minute time frame . 💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys . 📈From the point of view of Classical Technical Analysis , there is also a possibility of forming the Inverse Head and Shoulders pattern . 🔔I expect Bitcoin to Attack the 🔴 Resistance zone($66,100-$64,500) 🔴once again. ❗️⚠️Note⚠️❗️: We must note that there is a possibility of Israel's response to Iran's attacks and the cryptocurrency market may experience another fall. ❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed. Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
5
Will BTC Support hold ? 50K or 80k #BTC/USDT #Analysis Description --------------------------------------------------------------- + BTC has experienced a significant correction from the 70k range. + Currently, the price is within its well-tested support range around 60K-63K. This support range has been tested three times, with each instance resulting in a successful rebound to its local high. + I anticipate a similar scenario unfolding this time. We can expect the price to consolidate within the current support range for a few days before potentially returning to the 70K range. This movement might coincide with the upcoming halving. + Overall, my outlook on the crypto market is bullish, and I expect BTC's price to rebound following the halving. --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
🔥 Bitcoin's Biggest Cup & Handle Ever: Fibonacci Golden Pocket!In this analysis I want to discuss the possibility of Bitcoin forming massive cup and handle pattern, spanning over nearly 3 years. With the halving coming up, Bitcoin's short-term price outlook has turned out sour. With this signal I want to prepare ourselves for the possibility of Bitcoin giving away all of 2024's gains and retesting the 40k-35k area. My long-term price outlook is very bullish. It's a matter of time before BTC blasts through 100k. By combining the cup and handle pattern with Fibonacci's golden pocket (0.65 to 0.618 retracement, purple area for sumplicity), I think we're combining two very strong narratives. 1) Bitcoin's bullish long-term outlook. 2) Bitcoin's short-term bearish outlook, fueled by the halving's potential sell-the-news event. If BTC will somehow hit the 40k-35k area over the next few months, I think it will be an amazing time to step into the market for a move that takes us >100k. Share your thoughts 🙏
INDEX:BTCUSDLong
by FieryTrading
15