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Btc-usdt

Bitcoin can decline a little and then start grow to 64500 levelHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price entered to range, where it at once dropped to the support level, which coincided with the buyer zone and then rebounded up. In a short time later, BTC reached a resistance level, which coincided with the seller zone, and then turned around, after which it started to decline. BTC declined to the 57000 support level, and broke it, thereby exiting from range, but soon turned around and started to grow inside the upward channel. Inside the channel, the price reached the 57000 level again, broke it, and continued to move up next. Some time later BTC reached a resistance level, which coincided with the seller zone, broke it, but quickly turned around and dropped, breaking the 64500 level and exiting from the channel also. Now, BTC continues to decline, so, I think that price can fall a little more and then start to grow to a resistance level. For this case, I set my TP at a 64500 resistance level. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
2
Bitcoin (BTC/USDT) 4h timeframe TA+Trade plan by BFDescending Broadening Wedge Pattern Description: This is a bullish reversal pattern. As shown, the price of Bitcoin is testing the support line of the wedge, which typically suggests that a breakout to the upside might occur after the completion of the pattern. Potential Breakout: The chart indicates a potential breakout above the upper boundary (resistance line) of the wedge, possibly signaling the beginning of an upward move. Key Support and Resistance Levels Support Levels: 60,301.68 USDT: This is a near-term support zone where price could find buyers if it revisits these levels. 53,988.89 USDT: A deeper support level shown on the chart, which might come into play if Bitcoin faces a significant sell-off. Resistance Levels: 64,591.15 USDT: A strong resistance zone that Bitcoin would need to surpass for a sustained upward move. 68,556.87 USDT: A higher resistance level that could become the target in the case of a breakout. Indicators Analysis VMC Cipher B Divergences: It appears to show divergence. A green dot below indicates potential bullish divergence, suggesting price may increase soon. RSI (Relative Strength Index): The RSI is at 31.48, which indicates oversold conditions. This level usually implies that the asset is undervalued, signaling a potential buying opportunity. Stochastic Oscillator: The stochastic reading is at 23.61 (blue line) and 20.43 (red line), indicating oversold conditions as well. This adds further strength to the bullish argument, aligning with the RSI's signals. HMA (Hull Moving Average): The HMA histogram shows green bars, suggesting a bullish trend might be forming or momentum is starting to shift to the upside. Trading Plan Long Position Setup Entry: A breakout above the resistance line of the descending broadening wedge would be the ideal entry signal. You may consider entering around 61,750–62,000 USDT. Take Profit: First take-profit target could be around 64,591 USDT (resistance zone). If momentum is strong, a secondary target can be set around 68,556 USDT. Stop Loss: Place a stop loss just below the recent low at 60,000 USDT, as a break below this level would invalidate the bullish wedge pattern and signal further downside. Alternative (Cautious) Approach Wait for confirmation of a breakout with a strong candle close above the wedge's resistance line, paired with bullish indicators on lower timeframes (e.g., 1-hour chart). Risk Management: Risk no more than 1-2% of your portfolio on this trade, adjusting position size accordingly. Final Considerations Monitor for any false breakouts as Bitcoin could retest the wedge's resistance line before confirming the breakout. Keep an eye on volume; a breakout with strong volume increases the likelihood of the wedge pattern playing out successfully.
Long
by elfabiiani
Bitcoin can make small correction and then start to move upHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price some time ago declined to the support level, which coincided with the buyer zone and even soon broke this level. After this, price declined a little more and then moved up inside the upward channel. In a short time, BTC broke the 56200 level again and then made a retest. After this movement, BTC rose a little more and even almost reached the resistance line of the channel, after which it turned around and declined to support line of the channel. Some time later Bitcoin rebounded from this line to the resistance line, which coincided with the resistance level with the seller zone, and tired to break it, but failed. Later, the price some time traded near this level, and a not long time ago made a fake breakout of the 63700 resistance level. Now BTC trades very close to this level, therefore I think that the price can correct almost to the support line and then start to grow to the resistance line of the upward channel, thereby breaking the resistance level. For this case, I set my TP at 67250 points, which coincides with the resistance line. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
4
Rule of 160: History Predicts Start Of Bull-Run This Week!In this analysis I want to take a closer look at previous bull-cycles and Bitcoin's behaviour in the months following the halving. The vertical yellow line is the date of the halving. The purple rectangle is the price action of the 160 days following the halving. We can very clearly see a few interesting similarities between the last three cycles: - The price pumps prior to the halving. - The price trades sideways for 160 days after the halving. - The "real" bull-run starts after the sideways price action has ended. If we follow the Rule of 160, the start of the next big bull-run would be somewhere around 27 september, which is this week! I'm aware that market conditions are different now than they were back then. Still, BTC is a very cyclical asset and has historically followed calendar based trends. There's data to suggest that we have to come down (check my previous posts), but there's also data like this that suggests that the price will increase. Time will tell. Interested to hear your opinions!
INDEX:BTCUSDLong
by FieryTrading
10
USDT Market cap & Bitcoin Price Update"$15k to $74k"...In this bitcoin rally, market dumped total 5 times 📉 But every time the CRYPTOCAP:USDT market cap is just going UP📈 Whales are pumping market by buying every dip🚀 After touching $74K, btc price dumped -32% but USDT Market cap pumped almost +16% It indicates that usdt is printed daily to buy the dips! pbs.twimg.com _ 2017 : USDT MCAP 1.4B - BTC ATH 20K 2021 : USDT MCAP 82B - BTC ATH 69K 2024 : USDT MCAP is now 118B - BTC Price is $60K USDT pumped +44% but btc still below previous ATH The Bull Run is not over! pbs.twimg.com Please hit the LIKE button to support my work and share your thoughts in the comment section. Thanks cnb006
CRYPTOCAP:USDTLong
by cnb006
BTC Correction to 59K – Next 61K?GM crypto bro's, happy weekend! This morning, the Fear and Greed Index remains neutral at 51. BTC made a slight correction last night to the 59K area. The next big possibility is still 61K - 62K. Today's market update is mostly the same as yesterday. As always, the market is dynamic; don’t be FOMO. Stay safe, keep calm, and remember anything can happen in the crypto market. Always manage your risk. That’s all for today’s crypto update—this is Akki signing off with one chart. Have a nice day!
INDEX:BTCUSD
by x_Akki
HelenP. I Bitcoin will continue to move up to resistance levelHi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price some time ago rebounded from the resistance level and dropped lower than the support level, which coincided with the support zone. After this, BTC turned around and in a short time rose higher than the 53900 level, breaking it, and then continued to grow to the resistance level. When the price reached this level, it some time traded near it, after which made the correction and later backed up to the 61200 level. Soon, BTC broke this level and then reached a trend line, after which the price turned around and dropped lower 61200 level, breaking it one more time and continuing to decline. Price declined near the trend line to the support zone, after which the price turned around and made an impulse up, breaking the trend line. At the moment, BTC continues to move up, so, I expect that price will continue to move up to 61200 resistance level. For this case, my goal is this level. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
2
BITCOIN - Price can start to decline inside rising channelHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 A few moments ago price entered to rising channel, where it reached $61800 level, broke it, and continued to move up. Price reached resistance line, then it turned around and started to decline and soon exited from channel. Next, price continued to decline in wedge, where it declined lower than $61800 and $55700 levels, breaking its. Then BTC reached support line of wedge and then started to grow inside another rising channel. In this channel, price broke $55700 level and at the moment it trades near resistance line of channel. Possible, BTC can reach resistance line of channel and then start to decline to $55500 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Short
by WalterMoon
BTC Eyes 55K, Red Zone in Sight?GM crypto bro's, it seems the happy weekend is still far away 🗿 with BTC still at risk of another drop. This morning, the Fear and Greed Index is at 29 (Fear), finally moving up a bit after two days in Extreme Fear territory. The Stochastic RSI remains in the oversold area, but a slight uptick might begin tomorrow. From a price action perspective, BTC might test the nearest level at 55K. However, if it fails to break through, there’s a high chance of a deeper drop. The closest possible red zone is 50K - 48K, and if that breaks too, next station: BTC 44K 💀. Always hope for the best but prepare for the worst. Let's hope BTC doesn’t dump to 44K 🗿. As always, maintain your risk. That's it for today's crypto update. This is Akki, signing off with one chart. Have a nice day!
INDEX:BTCUSD
by x_Akki
BITCOIN - Price can bounce up from pennant to $61600 pointsHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price entered to rising channel, where it rose until to resistance line, breaking $64400 level. Next, price turned around and made downward impulse to $49000 points, breaking two levels and exiting from rising channel. After this, price started to trades inside pennant, where it at once bounced up from support line. Price broke $55300 level and later rose to resistance line of pennant, which coincided with resistance level. But a not long time ago BTC bounced and fell to support line, where at the moment continues to trades near. Now, I think price can bounce from this line to $61600, exiting from pennant pattern. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
BTC Dumps to 56K - Extreme Fear in the Market!GM crypto bro's! This morning, BTC has dumped again to 56K. The Fear and Greed Index is in the extreme fear zone at 22, and it looks like the Stochastic RSI won't be leaving the oversold area anytime soon. That's why I always remind you to stay cautious in this highly volatile crypto market, because anything can happen. Based on the current price action, the probability of dropping below 54K seems low, as mentioned in the market update on 02/09/2024. But remember, this is just my personal analysis and only a probability. As always, maintain your risk management, and that's all for today's crypto update. This is Akki, signing off with one chart. Have a nice day!
INDEX:BTCUSD
by x_Akki
HelenP. I Bitcoin can break trend line and then rebound upHi folks today I'm prepared for you Bitcoin analytics. Not long ago, the price made impulse up to the resistance level, which coincided with the resistance zone, thereby breaking the 56700 support level. After this, the price some time tried near this level and later dropped to the 56700 level, after which it turned around and started to move up. In a short time, BTC reached the 61800 level again and even broke it, after which rose higher than the resistance zone to the trend line. Next, the price started to decline between the trend line and firstly quickly fell to the 61800 level and broke it one more time. Then price fell more, but later turned around and rose to the trend line and continued to decline near this line. At the moment, the price is trying to break this line, so, in my mind, BTCUSDT will decline below the trend line and then rebound up, breaking finally this line. For this case, I set my goal at 60500 points. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
11
Bitcoin can start grow to resistance level, exiting from wedgeHello traders, I want to share an update on Bitcoin with you. Looking at the chart, we can see how the price some time ago fell to the support line, breaking the support level, which coincided with the buyer zone, but at once rebounded up to the resistance level. Then BTC some time traded near this level and later it made a correction movement to the support line, which coincided with the 56600 support level and then started to grow. In a short time, the price rose to the resistance level, broke it, and even rose a little higher than the seller zone, but then it turned around and started to decline inside a downward wedge. Inside the wedge, BTC quickly fell to the 61700 level, broke it one more time, and then dropped to the support line of the wedge, breaking the support line. Next, the price bounced from the support line of the wedge and rose to the resistance line, after which turned around and continued to decline near this line. At the moment, the price trades near this line and I think Bitcoin can fall a little more in a wedge and then start to grow. Price can leave a wedge pattern and continue to grow to the 61700 resistance level, which is my TP. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
4
Bitcoin can little fall and then continue grow to 64700 pointsHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some time ago declined to the resistance level, which coincided with the seller zone. After this price started to grow and soon rose from the seller zone to 70100 points, but at once turned around and started to decline inside the pennant. Inside the pennant, BTC broke the 64700 level and fell to the support level, which coincided with the buyer zone and also soon broke this level too. Next, the price reached the support line of the pennant and at once rebounded and in a short time rose to the resistance line of the pennant, breaking the 56600 level one more time. Later, BTC exited from the pennant and started to trades in range, where it rose a little more and then made a correction movement until to bottom part, which coincided with the support level. After this movement, Bitcoin rebounded and rose to the top part, after which some time traded near and a not long time ago dropped to 58000 points. Then it started to grow, and I think BTC can decline a little and then continue to move up. For this case, I set my TP at a 64700 resistance level, which coincided with the top part of the range. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
5
BITCOIN - Price can rise to resistance level and try to break itHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Some days ago price entered to wedge, where it soon fell to $64000 level, after which bounced to resistance line of wedge. Next, price in a short time declined to $50700 points, thereby exiting from wedge and breaking $56200 level. But soon, BTC turned around and started to grow inside rising channel, and later broke $56200 level again. Then price reached resistance line of channel and at once made correction, after which rose to $64000 level. After this, BTC turned around and fell back to support line of channel, and a not long time ago bounced up. So, in my mind, price can bounce up from support line to $65800, thereby breaking resistance level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
3
Bitcoin Is Perfectly On Track This CycleIn this analysis I want to take a closer look at Bitcoin's current bull-cycle and compare it with the previous cycles. I count from December 2011 onwards. As seen on the chart, the first cycle (yellow) is an outlier in both duration and growth. We will likely never experience something like that again. The most interesting cycles to compare the current cycle to ar the second (blue) and the third (purple). As Bitcoin matures as an asser, it will likely experience diminishing returns. In other words; lower total gains from bear bottom to bull top. However, cycle 4 is outperforming both previous cycles at their respective times. The most logical explanation would be that we had the BTC Spot ETF this year, which caused massive bullish pressure from institutional investors. Chances are that we have to endure a couple more neutral/bearish months in order to get below the blue and purple lines before we can see any substantial growth to >100k. All in all, this cycle is on track with the previous cycles. If it were to follow the last two, we can expect BTC to top somewhere in the last quarter of 2025. Happy to hear your thoughts!
INDEX:BTCUSDLong
by FieryTrading
4
Bitcoin can rebound from resistance level and start to declineHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price some time ago entered to triangle, where at once made an impulse down from the resistance line to the support line, breaking the 64900 and 57900 levels. After this, the price turned around and repeated impulse up to the support level, which coincided with the buyer zone and broke this level again. Next, BTC rose a little more, after which some time traded near and later made a correction to the 57900 level. Then the price bounced and rose to the resistance line of the triangle, some time trading near and later exiting from this pattern. After this movement, Bitcoin continued to move up to the resistance level, and when it reached it, price little time traded near and not long time ago started to decline. In my opinion, BTC can reach a resistance level again and then start to decline to the 57900 support level. For this case, my TP is at this level. Please share this idea with your friends and click Boost 🚀
Short
by LegionQ8
5
HelenP. I Bitcoin can break resistance level and continue growHi folks today I'm prepared for you BITCOIN analytics. If we look at the chart, we can see how the price reached the resistance level and instantly rebounded down to the support level. After this move, BTC turned around and made an impulse up, back to the 61300 level, traded there for a bit, and then dropped to the support level again. The price also started trading inside a triangle, where it broke the 58000 support level and fell to the trend line, which is also the support line of the triangle pattern. After this move, BTC made an impulse up from the trend line, breaking the support level again, and later corrected back to this level. Next, BTC rose to the resistance level but quickly dropped to the trend line, then shortly after, it rose back to the 61300 level. Now, the price is trading very close to this level, so, in my opinion, BTCUSDT will rebound from the resistance zone just below, then turn around and start to grow. I expect the price could break the resistance level and even exit the triangle, continuing to move up afterward. For this case, I set my goal at 62600 points. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
3
Bitcoin can exit from triangle and continue rise to 65600 levelHello traders, I want share with you my opinion about Bitcoin. Observing the chart, we can see that the price some days ago started to grow inside the upward channel, where it soon reached a resistance level, which coincided with the seller zone. Later price broke the 65600 level and rose to the resistance line of the channel, after which rebounded and made a correction to the support line of the channel. Next, the price rose back, but soon turned around and entered to triangle, where it in a short time declined from the resistance line to the support line, thereby breaking the 65600 and 57500 levels and exiting from the upward channel. Then Bitcoin turned around and made impulse up from the support line, breaking the 57500 support level, which coincided with the buyer zone, and then made a retest. Also later, the price declined to almost the support line of the triangle, after which bounced and at the moment trades very close to the resistance line of the triangle. In my opinion, BTC can little correct to support line and then rebound up, thereby exiting from the triangle pattern. After this, price will continue to move up to the 65600 resistance level, so, that's why this level is my TP. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
12
BITCOIN - Price can bounce up from wedge to $70K pointsHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Recently price declined in falling channel, where it broke $65000 level and fell to $57900 level. Then price broke this level too, also exiting from falling channel and entering to wedge, where it fell to support line. Next, price at once made upward impulse to resistance line, breaking $57900 level again and then made correction. Price some time traded near this support level and later started to grow to resistance line of wedge. In a short time, BTC reached this line, which coincided with resistance level and at once fell little below. I think that Bitcoin can fall almost support line and then bounce up from wedge to $70000, breaking resistance level too. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
1
BTC - Long Trade IdeaBTC looks prime to continue up to take out the plethora of BSL above it's ATH after recently trading into a 3-month BISI. On the lower timeframes, my POI for an entry with the current candles is the 2-day iFVG. On the hourly timeframe, the 4-hour gap within that POI would be interesting to monitor. My stop is below a reasonable swing point that should not be traded into unless a large liquidation is on the cards, but the bodies should respect that I have outlined. My first target is ATH, after that it is completely discretionary as there is nothing on the left side of the chart. For prediction's sake, I am anticipating 100k to be the next milestone for Bitcoin. - R2F
Long
by Road_2_Funded
BITCOIN - Price can little correct and bounce up of the triangleHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 A not long time ago price entered to wedge, where it at once declined to support line, which coincided with support level. Then price in a short time rose to $63400 level, broke it, and later reached resistance line of wedge. After this movement, BTC made downward impulse, exiting from wedge and breaking $63400 and $54400 levels. Next, price entered to triangle, where it made upward impulse from support line to resistance line, breaking $54400 level again. But then BTC made a correction movement, after which started to grow, and now it trades near resistance line. Possibly, price can little fall and then bounce up to $66000, exiting from triangle and breaking $63400 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
13
HelenP. I Bitcoin will fall to support level and then rebound upHi folks today I'm prepared for you Bitcoin analytics. A few moments ago price traded near the resistance level, which coincided with the resistance zone, and even made a fake breakout, after which rose a little higher than the resistance zone. Then price entered to downward pennant, where it turned around from the resistance line and made a strong impulse down to the trend line, thereby breaking 65450 with 56750 levels. But soon, BTC turned around and rose to the support level, which coincided with the support zone, broke this level, and made a retest. After this movement, it bounced up and some time traded, after which made a correction movement to the 56750 level and then rebounded up. Later price almost reached to resistance line of the pennant, but a not long time ago fell to the trend line, which is the support line of the pennant and at the moment it continues to trades near this line. For my mind, BTCUSDT will exit from the pennant and fall to the support level, after this price turn around and rebound up, higher than the trend line. Therefore I set my goal at 63000 points. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
3