BTCPERP
Bitcoin (BTC) • Return of the Bulls? lets take a look...Nice momentum showing up on Bitcoin. We pierced right through 35 and 37k important levels. Price now need to sustain above the 35k to be in relatively bullish waters before next resistance range.
However, we are not yet back into high probably bull market trend since we have the 45-47k as a very significant range (50% between local top and local lows)) and we didn't see significant volume capitulations at lows. The only thing that was super bullish during past weeks was the consistent negative funding rates but they were not super negative either and we are now observing a quick slight flip in those rates.
Higher timeframes are still in flat waters with no clear direction since we are trading inside the price established weekly ranges
Be aware that most price action since the drop has characteristics of a trading range and it's likely we see some shakeouts so that alts get pushed down vs bitcoin dominance even further. I cover some of that in the video.
As usual the video went long because I also cover futures data points, some new and some old, but on balance all useful information to learn from and keen an eye on.
LET ME KNOW if I should do smaller videos but more often and different points (not cover all) here and there instead of one massive weekly video.
My regards to all Moon Kings out there 👑🌖
BTC 1H BUY and SupportBTC 1H support is at ~$30800
Try to set more buy orders near the support zone
If BTC holds above the trendline,
the Take-Profit target would be $32500, $34200, and $36500
BTC / USDT (PERP) LAST CHANCEBTC has just re tested the wedge it broke out of...
this is the last chance for BTC if it can bounce with voulme of this level...
If not look to the levels i have marked
Short #BTCUSD for $19804Short #BTCUSD for $19804
Closes the last inefficient gap
Super Algorithm Indicator called bearish
Potential path shown
Potenial zones are also shown
A major trendline is also shown.
Bitcoin (BTC) • Crab 🦀 Season Not much has changed since last video. We are still trading above 32k yet to test the 35k (and sustain above it).
Basis and Funding Rates still predominantly negative (favouring longs).
Macro trends are looking terribly at support range and all eyes should be focused on the daily and intraday start break above 35k which is the range equilibrium.
IF we trade consistently bellow 32k I would consider that structurally bad.
But hey! in a trading range - otherwise known as crab season 🦀 - we are at the merci of market-makers and algos that print those famous bart patterns.
I like to pay attention to volumes signatures. Where are they forming and what is the backward context to recent PA.
Check the video for my latest thoughts.
BTC 4H BUYBTC 4H support is at ~$33800
Try to set more buy orders near the support zone
If BTC holds above the trendline,
the Take-Profit target would be $35800, $39300, and $43500
Bitcoin (BTC) • It's all about volumesIn this video I do the normal routine. Talk trough the trends, volumes, some technical levels based on price, FTX and Deribit Futures, Perpetual Swaps v Spot Basis, Funding Rates, Open Interest, Liquidations, Bitfinex Long/Short Ratios and volumes on CME and BAKKT Futures forward contracts.
More reasons to be bullish than to be bearish at the moment but at the end of the day... the trend is you friend.
Now is time to pay attention to what is going on in the lower timeframes as it will affect the Daily and push the weekly/bi-weekly out of bearish waters. Breaking the 36-37k is particularly important.
my primary btc countlet's consider for a moment that we're in a 1-2 1-2 formation down here.
that would put our first w3 target at 38~39k
second w3 target would be at 44~45k.
w5 target = 52k
ps. this is one of many scenarios that i am seeing right now, so take this as you will. i am not bearish, nor bullish anymore, merely neutral until we figure out what is going on.,
"the unpopular opinion"i posted this idea way back in march:
and i just wanted to touch base regarding this outlook, and how we would potentially get down to the said target.
this isn't my primary count, but it was the first one i had ever seen while we were at the highs.
take this as you will, and understand that there are so many possible scenarios, that the only possible way to figure out what happens next is to have immerse patience, and to allow for whatever moves to unfold - before confirming any single bias.
i am not bearish, i am not bullish - i am neutral as of today, and i will not post another outlook until we have some stronger conviction and direction in the markets.
--------------------------
have a blessed monday, and may you attract infinite abundance into your world ⭐
BTC - Short scalp potential BTC H4 - Put in a swing failure at a crucial area of resistance. if we don't bounce from the H4 100 EMA and the top of my purple box as support, a short scalp to the 33k range is probable
This is your last chance BTC/USD Blue or Red Pill?!COINBASE:BTCUSD BINANCE:BTCPERP BINANCE:BTCUSDT
Looks like we're forming a huge descending triangle formation.
We've knocked on the lower support area around 5 times already. The more you knock on the door eventually it's going to...
I've been seeing a lot of people in the community and on social media expecting a 20k Bitcoin. Therefore I don't see it too far fetch the market makers bring it even lower.
This is your last chance. After this, there is no turning back.
You take the blue pill - the story ends, you wake up in your bed and believe whatever you want to believe.
You take the red pill - you stay in Wonderland and I show you how deep the rabbit-hole goes.
Good Luck on your trades!
Bitcoin (BTC) • Volumes looking good. Bottom probably in. I see have strong evidence we hit a local bottom and are ready to test the upper range of this trading range.
Volumes are looking great and also have clues coming from CME and BAKKT Futures.
First major target is the.. watch the video.
BTC 4H SupportBTC 4H support is at ~$34500
Try to set more buy orders near the support zone
If BTC holds above the trendline,
the Take-Profit target would be $37800, $40300, and $43500
For those who feel FOMO😱If you missed the buy opportunity like me
It's RISKY but you can fill your bag once BTC reaches 31200
IT'S RISKY AND YOU MUST SET STOP LOSS👑
BTC 1H ResistanceBTC got rejected by the 1H resistance we posted in the last trading idea
For now, BTC 1H resistance is at around $34000
We will buy BTC again when it breaks through the short-term resistance
Waiting BTC to break out
Bitcoin (BTC) • Are we heading to 10k?Apparently there are some people out there already calling for 10k. 👀
In this video we take a look into Volumes and data coming from Futures.
Watch the full video for my general overview packed with useful information you can incorporate in your own analysis.
I talk through some heuristics that can be helpful to assign odds and further develop your own thinking around these things.
Remember that everything I discuss in the video is subject to random circumstances of the market. Likewise treat everything as hypothesis and probability.
BTC 1H ResistanceBTC got rejected by the 1H resistance
For now, BTC 1H resistance is at around $37500
We will buy BTC again when it breaks through the short-term resistance
Waiting BTC to break out
BTC - long opportunityWe are seeing signs that Bitcoin is losing its bearish momentum and may be about to turn around. Now is the time we consider longs.
-Price made a low into support, then swept the low and was bought up quickly.
-Price is bullishly diverging with RSI.
-If support can hold, we can target the next key resistance level at 34.4-34.7k
-If support breaks, we can watch for a retest from the underside.
BTC Analysis Possible 35k TargetMarket is breaking down from a rising parallel channel after rejection at 41k. Bearish candle closing below 20, 50, and 200 EMAs. Tight squeeze on bottom band of Bollinger and has over extended. Next level of support is at 36.6k. RSI level on 1H almost crossing oversold region. If Bulls do not regain control of the market and downward trend continues we will be seeing BTC at 35.8k by week's close.
