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BTC-M

HelenP. I Bitcoin can rise a little and then make correctionHi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price declined to the trend line and then started to grow near this line. Some time later, the price broke this line and fell below, after which it continued to move up between the trend line. Then BTC broke the 2nd support level (65500) and rose a little more, after which made a correction to this level, breaking the trend line one more time. Later, price turned around and quickly rose to the trend line, broke it, and then reached support 1. After this movement, BTC made a correction below the trend line and when the price fell to 67200 points, it turned around and made a strong impulse up, breaking the trend line with 1st support level. Next, the price made a few correction and continued to move up. Now, I expect that BTCUSDT will grow to 83500 and then make a correction movement. For this case, I set my goal at 78500 points. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
3
Can Bitcoin reach 100k?Hello, Traders! Bitcoin price keeps reaching new all-time highs following the recent U.S. election. BTC recently surged past its previous ATH and quickly touched the 80k level. Now, many traders are wondering - how much higher can Bitcoin go before we see a correction? Based on current trends, Bitcoin can potentially reach the 84k-86k range before taking a breather. However, this will largely depend on external factors, such as Bitcoin-ETF activity, political statements, and overall market sentiment.  At the moment, market sentiment remains extremely bullish, which suggests that Bitcoin upward trend may continue for some time. However, if a correction does happen, the 74k support level will likely play a key role in determining whether the uptrend continues or not. On the other hand, BTC price might just keep pumping up to 100k before correction happens. Please don’t forget to boost this idea and leave your comments below. 
by Real_CryptoRoy
3
Bitcoin Situation - BullishYesterdays fake breakdown is the final sign before a real bullish run in our view. Bitcoin seemed to break below our 60k zone support before springing right back above and closing within the zone, after the close we looked for 4h continuation which we got and entered at the average shown. If you're out of the market and want to enter we'd recommend a dca approach on the lower timeframes down the fib retracement levels. We expect a small pullback from here before continuing up, even if it's just to 62ish. This is an opportunity that doesn't come very often in our view and could well be the start to ATH. The stoploss is set and should we break below we would look to the next support at 57.5k and then the 886 pcz of a bullish bat at 54k, but really we are not looking to break below the current support.
COINBASE:BTCUSDLong
by SynergyTradingSetups
Crypto Stonks Are Booming! Top Crypto Stocks to Watch NowFrom Memecoins to Mega Stocks While crypto traders have been focused on finding the next big memecoins like Doge , crypto-related stocks have also been performing well this year. In today’s analysis, we’ll dive into some crypto related stocks you might want to keep an eye on 1. Coinbase ( NASDAQ:COIN ) First on our list is Coinbase, the top US crypto exchange with a market cap of $48 billion. Since its IPO in April 2021, Coinbase has gained a reputation as a trusted exchange known for its regulatory compliance. Besides its exchange services, Coinbase offers a self custody wallet popular among the crypto community, with over 10 million downloads. In February 2023, Coinbase launched its own layer 2 blockchain, Base , which has since recorded over $1 billion in total value locked and averages daily transaction volumes of over $400 million. Coinbase has also played a part in advancing spot Bitcoin ETF approvals, forming a surveillance-sharing agreement with the Chicago Board Options Exchange in July 2023. Additionally, Coinbase partnered with **Stripe** in June to boost the global adoption of USDC. This partnership enables crypto payouts and a fiat-to-crypto onramp, making it easier for users to buy crypto with credit cards and Apple Pay through Coinbase Wallet. Coin is up over 350% since our first signal 2. MicroStrategy ( NASDAQ:MSTR ) Next up is MicroStrategy, with a market cap of $26 billion. Known for its business analytics software, cloud services, and AI-powered analytics, MicroStrategy is more famous for its Bitcoin holdings, driven by the advocacy of Executive Chairman Michael Saylor. Under Saylor's leadership, MicroStrategy became the first public company to adopt Bitcoin as a strategic investment in August 2020, citing its potential as a store of value. The company accumulated over 121,000 BTC by late 2021 and continued adding to its holdings, despite price volatility and leverage risks. As of 2024, MicroStrategy’s Bitcoin holdings have reached 226,500 BTC, and the company’s stock hit new all time highs, demonstrating its strong correlation with Bitcoin's performance. Mstr is 100% up since our first signal 3. Block ( NYSE:SQ ) Formerly known as Square, Block is a fintech company founded by Jack Dorsey and Jim McKelvey, with a market cap of $38 billion. Starting with small-business payment solutions like Square POS, Block launched **Cash App** in 2013 to provide a user-friendly platform for consumers, competing with services like PayPal and Venmo. Cash App generates revenue through transaction fees, subscription payments, and Bitcoin sales. It even supports the Lightning Network for quick Bitcoin transactions. Beyond payments, Block owns a majority stake in Tidal, a music streaming service, showing its diverse portfolio. 4. Robinhood ( NASDAQ:HOOD ) Lastly, we have Robinhood, with a market cap of over $15 billion. Founded in 2013 by Stanford graduates Vladimir Tenev and Baiju Bhatt, Robinhood became known for its free, user-friendly trading app, which gained significant popularity during the COVID19 pandemic Robinhood found itself in the spotlight during the 2021 GameStop and WallStreetBets saga, where it faced backlash for restricting trades on memestocks like $GME. This led to a lawsuit and a $70 million penalty from FINRA for misleading customers and service outages. Despite this, Robinhood continues to grow, boasting 23.9 million funded accounts and nearly $130 billion in assets under custody as of May 2024. Robinhood has made some notable moves recently, including acquiring Pluto Capital, which provides AI-driven investment advice, and securing a deal to acquire crypto exchange Bitstamp. Wrap up If you’re wondering about Bitcoin mining stocks, don’t worry we had a separate analysis just for that. Crypto Bull market just started and be ready for more analysis which stock or crypto coins you are bullish now and why?
NASDAQ:COINLong
by moonypto
1
BITCOIN Can it repeat last year and reach $140000?It was less than a month (October 14, see chart below) when we updated our old Bitcoin (BTCUSD) Channel Up idea of June 07, calling for the confirmed start of the new Bullish Leg of the Channel Up and setting a medium-term Target of $94500: New evidence following the U.S. elections suggest that the aggressive nature of the past weekly rally can see BTC target even higher, more specifically the top of the Channel Up by Q2 2025. As you can see, the price is currently between the 0.5 - 0.618 Fibonacci Channel range, which is technically a neutral zone. However it is considerably below the 0.618 horizontal Fib level applied on a potential +198.10% rise (same as the Sep 2023 - March 2024 rally). This showcases the enormous upside potential that exists within this 2-year Channel Up. The RSI is about to enter the Overbought Zone (>70.00), which when the previous two Bullish Legs started was also while the price was below the 0.618 Fib (especially in the case of the October 20 2023 candle). As a result, even though our 94500 medium-term Target stands, for the long-term we are targeting 140000, which is almost at the top of the 2-year Channel Up and marginally below a potential +198.11% rise. Notice that the two lengthy corrections (green Rectangles) within the pattern started only when the RSI formed a Lower High below the overbought level (<70.00). So what do you think? Is Bitcoin still so undervalued at the moment, despite last week's surge, that it can even hit $140k? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BTCUSDLong
by TradingShot
13
Doggy Style- I mostly use some specific projects to try to predict the next " Altcoin Rally ". - I typically use Cardano or Doge because they are older and I can use indicators from earlier times. - Yes doge is meme, but all altcoins are also Memes until they have a real use case right ? - so you remember this BTC post i made in 2022 ? ( please check it ) - So this is almost exactly the same but with this graph i use : - Tenkansen ( Yellow line ) - SenkouSpan ( Green line ) - so now check the compressing descending trend. - check now both lines ( Yellow and Green ). - Notice when the yellow line cross down the green, we go bear. - Notice when the yellow cross up the green, we go bull. - So what we can deduct? - Altcoins are not yet Bullish. - But remember Altcoins will go parabolic at one point and you want to be there! - When? - anyone knows the exact date but you need to understand " The Delay ". - i will post in comments same chart but i will use BTC with same technic and you will get that BTC is already bullish. Happy Tr4Ding !
CRYPTO:DOGEUSDLong
by thecryer
20
now sell to the lowTechnical Analysis: Look at key support and resistance levels on price charts. Identify any trends or patterns that may indicate a reversal or a continuation of price movement. Set Alerts: Use trading platforms to set price alerts for specific levels where you would consider selling. Monitor Market Sentiment: Stay updated on market news and events that could influence BTC prices. Plan Your Exit: Define your target selling price and stop-loss levels to manage your risks effectively. Practice Risk Management: Ensure you're not overexposing yourself to market volatility. If you're considering selling BTC, make sure to do your own research or consult with a financial advisor for tailored advice.
Short
by farzadzeraatkar
1
Bitcoin on the Weekly Timeframe#Bitcoin Elliott Waves analysis does not specify the target but rather indicates the path. This means that as long as the price is reaching new highs, we can continue following the price’s upward movement until we label 5 smaller waves. At that point, caution and profit-taking should begin. Based on the Fibonacci extension from wave 1 with the bottom of wave 4, the target range is between approximately $99,000 and $150,000. However, an extension could occur, making wave 5 the longest, and the price could reach up to $240,000, which serves as resistance. We cannot confirm anything definitively until observing price movement during the rise.
INDEX:BTCUSDLong
by MohamedSewid
1
85-88K is the next oneMorning folks, So, BTC has made a historical breakout. But for those who read our monthly report it is not a surprise. This is long term game and the pumping process is just starting. If you want to know what is really going on - you could read it. Meantime, we consider 85-88K as the next upside target. If BTC will show pullback prior it will reach it, then 73K seems like interesting level to consider for long entry. If pullback will start after 85-88K will be completed - then do not hurry up with position taking as retracement might be deeper. We do not consider any short positions for now.
COINBASE:BTCUSDLong
by Sive-Morten
2
Bitcoin Strengthens Amid Market Turmoil and Political UnrestBitcoin (BTC) is demonstrating remarkable resilience and strength, even as the broader market grapples with the shock of the attempted assassination of Donald Trump. Currently, BTC is in a higher-degree uptrend, having broken to new all-time highs (ATH) back in March. Following this surge, the market experienced a three-wave retracement, a common corrective pattern in technical analysis. Our latest analysis reveals that BTC has rebounded from a potential Flip Zone, where a supply area has been established. This zone is characterized by a price level that previously acted as resistance and has now flipped to support. The strength of this flip zone is further reinforced by the bullish stance of large speculators, who continue to hold strong long positions on BTC. Given the current market dynamics, we anticipate a retest of the supply area. This retest is expected to serve as a springboard for a fresh bullish impulse, propelling BTC higher. The alignment of technical indicators and market sentiment supports the case for continued upward momentum. The recent political unrest surrounding Donald Trump has injected volatility into the markets. However, Bitcoin's decentralized nature and status as a digital asset often perceived as a hedge against political and economic instability have bolstered its appeal. This sentiment is reflected in the ongoing bullish positions held by large market players. In summary, Bitcoin is on a robust recovery path, buoyed by strong technical support and positive market sentiment. The rebound from the Flip Zone and the anticipation of a retest of the supply area suggest a new bullish impulse is on the horizon. As large speculators maintain their bullish outlook, we remain optimistic about BTC's continued upward trajectory. Investors should watch for the retest of the supply area as a key indicator for potential entry points in anticipation of further gains. ✅ Please share your thoughts about BTC in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
CME:BTC1!Long
by FOREXN1
1
Bitcoin: Is a New Bullish Run on the Horizon? Despite Bitcoin's impressive 50% rise this year, the past six months have been challenging for investors. After the much-anticipated halving event in April, many expected a substantial surge in Bitcoin's price. However, since then, the cryptocurrency’s value has remained relatively stagnant, currently hovering around $68,600. This situation leaves investors at a crossroads: should they continue to invest in Bitcoin with hopes of significant gains, or is it time to explore other high-risk, high-reward alternatives? The Investment Dilemma: Short-Term vs. Long-Term Outlook If you are contemplating an investment in Bitcoin, managing expectations for the remainder of the year is crucial. Current predictions suggest that Bitcoin has about a 57% chance of reaching a new all-time high in 2024, making it essentially a coin toss as to whether it will surpass its previous peak of $73,750. The probability of Bitcoin hitting the much-anticipated $100,000 milestone this year stands at a modest 14%, further highlighting the uncertainty in the short term. However, the long-term outlook for Bitcoin remains optimistic. For instance, investment firm Bernstein predicts that Bitcoin could reach $200,000 by the end of 2025. Visionaries like Cathie Wood, founder of Ark Invest, foresee Bitcoin soaring to $1 million by 2030. Even more ambitious, Michael Saylor, founder and executive chairman of MicroStrategy, believes that Bitcoin could reach a staggering $13 million by 2045. For investors seeking short-term gains, Bitcoin may not be the best option at present. Tech stocks, such as Nvidia, which has seen a 159% increase this year, could offer more immediate returns. However, for those considering a longer investment horizon—five years or more—Bitcoin still presents a solid opportunity for growth. Bitcoin’s Role in the Future Financial System One of the most compelling reasons for Bitcoin’s long-term potential lies in its ability to transform the global financial landscape. Bitcoin is more than just a digital currency—it is underpinned by blockchain technology, which promises faster, cheaper, and more efficient financial transactions. The potential to disrupt traditional financial systems and become a cornerstone of the global economy is what makes Bitcoin an attractive investment. Cathie Wood likens Bitcoin's potential to that of the "information superhighway" that revolutionized the internet. She envisions a "financial superhighway" where blockchain replaces the internet and economic value replaces digital information. Wood predicts that Bitcoin could reach $1.5 million within a few years, a reflection of its transformative power. However, it's important to remain cautious about such lofty predictions. While Bitcoin’s revolutionary potential has been touted for over a decade, much of its promise as a viable payment method remains unfulfilled. For example, when was the last time you used Bitcoin for an everyday online purchase? Adoption, though growing, is still not at a level that justifies these sky-high predictions. A New Wave of Political Support for Bitcoin One significant shift in 2024 is the rise of political support for Bitcoin in the United States. There's growing awareness that the US is lagging behind other countries in terms of crypto adoption. High-profile politicians, including former President Donald Trump, have started advocating for America to become the “crypto capital of the world” and a “Bitcoin superpower.” The idea of a “Bitcoin arms race” with other nations is gaining traction. In July, Senator Cynthia Lummis (R-Wyoming) proposed the idea of establishing a national strategic reserve for Bitcoin. She suggested that the US should commit to acquiring 5% of all Bitcoin in circulation, similar to how the country maintains a strategic oil reserve. While this may seem bold or even risky, it reflects the growing belief in Bitcoin’s long-term value. These political developments add momentum to the optimistic price predictions, but it's important to remember that Bitcoin won’t skyrocket to $1 million overnight, even with the introduction of Bitcoin ETFs or strategic reserves. Bitcoin’s Price Journey and Future Prospects Since 2013, Bitcoin has risen from $100 to its current $68,600. If you believe in its continued upward trajectory over the next decade and are prepared to endure the inherent volatility of cryptocurrencies, it might be worth considering an investment while the price remains below $100,000. However, the question remains: is Bitcoin ready for another major rally? Technical and Market Insights From a technical standpoint, Bitcoin is currently sitting on a significant dynamic resistance trendline, which it has failed to break through five times since March 2024. The more a support or resistance level is tested, the weaker it becomes. This suggests that Bitcoin may be gearing up for a potential breakout. Additionally, the latest Commitment of Traders (COT) report reveals an interesting contrast. Commercial traders, often referred to as "smart money," are increasing their long positions, while large speculators have turned bearish. This divergence could indicate that the institutional market believes a bullish run is imminent, while retail traders remain cautious. Adding to this, the seasonality pattern from last year showed a strong bullish run starting around this time. Could history repeat itself? The confluence of a weakening resistance, smart money bullishness, and favorable seasonality patterns could point to a new upward movement for Bitcoin. Conclusion: Should You Buy Bitcoin Now? Bitcoin's current situation presents a mix of opportunity and risk. While the short-term outlook remains uncertain, the long-term potential for Bitcoin as a transformative force in the global financial system is undeniable. With institutional investors showing increased interest and political support growing, Bitcoin could be on the verge of a significant breakthrough. For those with a long-term investment horizon and the ability to weather volatility, Bitcoin remains a strong contender in the world of high-risk, high-reward assets. However, if you’re looking for short-term gains, you may want to explore other options like tech stocks, which have been delivering exceptional returns this year. What do you think? Will Bitcoin finally break through its resistance and embark on a new bullish run? Let us know your thoughts in the comments below.
CME:BTC1!
by FOREXN1
1
BITCOIN IS EXPLOADING BIG TIME. TECHNICAL ANALYSIS + TRADE PLANPrice Action & Trend: Bitcoin's current price is around $80,853. The trend is notably bullish, as the price has been in an upward movement with higher highs and higher lows over the past month. The recent price surge indicates strong bullish momentum, potentially aiming for higher resistance levels. Indicators: Market Cipher B: This indicator shows divergences and momentum shifts, often used for trend reversals. Current green dots indicate bullish momentum, and the increasing wave strength suggests strong upward pressure. RSI (Relative Strength Index): RSI is around 74.81, which is within the overbought zone (above 70). This could mean a potential correction or consolidation period might be approaching, as prices may have risen too quickly. Stochastic RSI: The Stochastic RSI shows a value around 89.86, which is also in the overbought zone. This indicator further supports the potential for a short-term pullback or consolidation. HMA Histogram (Hull Moving Average): The histogram shows bullish momentum, but there are hints of divergence, which could indicate a slowdown in bullish strength. Support and Resistance Levels: Support: The nearest strong support is around $72,000. A more significant level sits at approximately $63,000. Resistance: With Bitcoin at $80,853, the next major resistance is likely near $85,000 and then potentially $92,000. Volume: Although volume data isn’t available in this chart, the current price movement suggests significant buying pressure, likely driven by strong sentiment and high interest. Trading Plan Long Position (Buy): Entry: A conservative entry would be to wait for a pullback around the $78,000-$80,000 range, which could act as a minor support in the current bullish setup. Stop Loss: Place a stop-loss just below $72,000, as a break below this level could indicate a shift in trend. Take Profit: Set a target near $85,000 initially. If bullish momentum continues, the next target would be $92,000. Risk-Reward Ratio: Ensure a minimum risk-reward ratio of 2:1 for this trade to manage risk effectively. Short Position (Sell): Given the overbought conditions on both the RSI and Stochastic RSI, a short-term short position could be considered. Entry: Consider shorting near $85,000 if the price reaches this level quickly without consolidation. Stop Loss: Place a stop-loss above $87,000 to protect against a continued breakout. Take Profit: Target a pullback to the $78,000 region or further down to $72,000 if bearish signals strengthen. Risk Management: Limit exposure to a small percentage of the portfolio per trade (e.g., 1-2%) to manage volatility. Monitor key indicators (RSI, Stochastic, Market Cipher B) for any signs of trend exhaustion or divergence that could signal a reversal. Market Sentiment & News Monitoring: Keep an eye on market news that could impact Bitcoin’s price, such as regulatory announcements or macroeconomic factors. Bitcoin’s price can be highly sensitive to sentiment-driven events, so being adaptable to changing market conditions is essential.
by elfabiiani
2
BTC CME Updat(1D)Bitcoin pumped without correction and without hitting our entry zone and reached the red box of our previous analysis. Bitcoin targets were not far from expectations. Now we have a GAP in CME on the price of $77930, if this gap is filled, we can look for buy opportunities. From the range of gap and demand, we expect Bitcoin to return upwards Closing a daily candle below the invaliation level will violate this analysis For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
CME:BTC1!
by behdark
2
BTCUSDT.P "Where should I expect the next levels of resistance?"Hello, dear HODLers, and happy Monday—if there is such a thing! But I believe every day in this bull run should be happy and great because we’ve been waiting a long time for it. **BTC** is now at 80K and in price discovery mode, so it’s a bit tricky to identify resistance levels ahead. I’ll try using the Fibonacci extension tool to see if it highlights any meaningful levels on the chart. For now, I’m following the intraday trading system, which has been working well for short-term trades. You can check out my ideas for this approach to the markets. Wishing you happy trading, and thank you for taking the time to read my ideas!
Long
by vagada
Is Bitcoin on the Verge of a Major Breakout?Yello, Paradisers! Did you catch #BTCUSDT's bounce from that double bottom support? If not, you might be missing out on the start of a major trend reversal! Here’s what you need to know right now before it's too late. 💎#Bitcoin has bounced back from the double bottom support band, forming a strong bottoming structure that often signals the beginning of a trend reversal. Right now, Bitcoin’s key metrics indicate we are standing at a crucial breakout point, with the price facing pivotal resistance between the $65,000 to $65,800 levels. This is the zone that bulls must conquer to transition Bitcoin from simply bullish to hyper bullish. 💎Once this resistance level is broken, Bitcoin is expected to surge toward the $70,000 psychological barrier. However, caution is advised as the range between $70,000 and $72,000 presents a strong resistance zone, where we could see significant profit-taking. This region is the major turning point for Bitcoin to be open towards the All-Time High Approach. Strength above 72,000 puts bulls in a major contest for a new yearly ATH level. 💎The EMA bands are also showing a positive shift, turning upward once again and suggesting that we may be entering a changing market environment. On the downside, intra-day supports are found at $62,350 and $60,700, providing some immediate protection. The key base support lies between $59,800 and $58,800, which is crucial for maintaining bullish momentum. 💎All eyes are on these levels—Bitcoin is positioned for a significant move, and how it handles these critical resistance points will determine the direction of the trend in the coming weeks. Remember, Paradisers, patience and discipline are key here. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
2
BTC/USDT: Uptrend Continues Toward New Targetshello guys. such a day! ha! Channel Resistance: Price is moving along an upward channel, nearing resistance levels at approximately $81,000 and $83,000. Fibonacci Extension: The Fibonacci level at 1.65 aligns with a target zone, suggesting potential resistance around $81,000 - $83,000. Short-Term Pullback: A minor pullback within the channel is possible before continuing to the targets. Momentum: Current momentum is strong, but watch for resistance near the target zones where profit-taking may occur.
Long
by melikatrader94
10
BTC arriving at BIG resistance, early! but....I am bearish BUT, with bullish optimism and a possibility of big a big bull, based on current market momentum. This is actually a great place and likely place for it to pull back based on its prior pattern, but this momentum could prove otherwise. I am marking this neutral and no one wants to review neutral reviews they want to see bull or bear. The thing is we are at a pivotal point that will make the case for either a prolonged bull or bear market. I am not sure if we will break out or break down but I have painted the picture of how we are at that point right now. I will post again bull or bear once it seems to have committed to one or the other but otherwise just keep your eye on the trend lines. ------------------------------------------------------------------------- Here we are around $1000 less of $82.5k and we got here early. We are likely to have resistance here but breaking this line would be really significant and likely signal a parabolic crypto market to come, massive. The odds would put it at pulling back here as it has already twice in the past 4 years, and at minimum some resistance where it can consolidate potentially all the way up until late Dec before making a decision. It may still be December, but really the market feels like it might have enough fire to push through it real soon. ------------------------------------------------------------------------- Order books have actually been fairly range bound all year, we are at the high end but its nothing that screams some large increase in participation of day trading. Per CoinMarketFlow, global order books are around a -10% ratio on a 1d candle average at above 10% depth of market. This is actually ideal as it represents day traders with limit orders that expect the price to rise and less that expect it to fall. This is bullish ATM. I have been seeing lots of alts breaking resistance and converting it to support, lots of chance for jumps. Right now seems like a day traders paradise with 25%-50% sometimes 100% runs in a single day, from lower liquidity, low circulation coins especially. Right now the fire of the market makes me think we may break the resistance and truly fly to the moon. But the fact that order books have only grown by about 10%-15% or so over the last year, does make me question the durability of the run without more gas for the fire so to speak. If BTC breaks that 82.5k and proves it as support, it is as bullish as it gets, like hyperbolic potential. On the other hand, if we resist here again, as usual, then it could be a lot of prolonged pullback with a potential absolute low between $30k-$40k probably - based on this chart you are looking at now and considering a pullback like it did the last two times. So its more of a bearish layup that looks like it has the possibility to convert bullish. I would caution to be vigilant at or near this line and let it choose first before taking any real action. As usual DYOR but consider this trendline as one of your many things to watch to help you make more informed decisions.
by EncryptShawn
Bitcoin bull run update hi guys i have an little update about the semilarity between 15/16/17 cycle and 22/23/24 Cycle Enjoy guys and hope that can helps to made the right decision ... This analysis is for informational purposes only and should not be considered financial or investment advice. The information presented in this analysis is based on my own research and is subject to change without notice. The analysis is not a recommendation to buy or sell any specific cryptocurrency Stocks Or Forex, including This Pair. Please conduct your own research and consult with a financial advisor before making any investment decisions.
BITSTAMP:BTCUSDLong
by Yassine_Houd
Is $btc Bitcoin's Channel about to do the Most or the Least? Bitcoin is in a Very huge falling channel! Current Price: 65600 CRYPTOCAP:BTC Price action has rejected upper trend line Resistance 6 times - steadily creating lower highs. Currently, Price action is at this Major resistance. Will it reject again? It remains to be seen! A break above this major resistance will lead to ALL time highs and a continuation of the bull run. CRYPTOCAP:BTC Up Resistances: 70.4k, 74.8k, 80.2k Note: #BTC remains bullish if price action stays above the 200EMA (red Moving Average) Another rejection of this upper channel resistance will lead to down supports up to 50.5k. What will it be?
by Ifiok-2sydes