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Btcsetup

BTC Chart - Bullish / Bearish in short termBTC chart looks confusing one right now. I am super bullish in next 2-3 months. However, there are two scenarios which I would like to share with you all here could play out in short term. Scenario 1: BTC breaks down one more time from this diagonal resistance and daily 200 EMA, and get the liquidity from 50k-52k zone before moving back up. Scenario 2: BTC breaks out from this daily downward resistance, test or break the 64K zone and go back to test the 72k zone again. We need a good positive news like ETH ETF launch and institutions inflows etc. in order to go from this zone. Otherwise, we are going to test the lows first before going back up. Would love to hear other traders opinions and thoughts...
Short
by smwajeeh
3
BTC Chart Analysis - Bullish Bias for next couple of monthsBTC has now filled the weekly fair value gap around the GETTEX:48K - GETTEX:49K range in the first week of August, which was originally formed in February earlier this year. Interestingly, during that same week after 2014, whales accumulated most of the BTC. The weekly closing candle has printed a pin bar candle to the upside, indicating a strong potential for bullish momentum. I believe the consolidation phase is ending, and we could see parabolic upward movement within the next week or so. My first target for the breakout of this weekly bull flag is $100k within the next couple of months. Ideally, we could hit this target before the elections. Let’s see if this analysis plays out or not. Not financial advice! DYOR
Long
by smwajeeh
2
BTC - NOT THE HISTORICAL MOMENT YOU ARE THINKING OFFunding reached the historical mark as it was at the end of 2021 after which there was a strong downward price movement. Considering my analysis described in previous posts I would also like to note the huge liquidity clusters at 20k and 30k levels which were not touched at all although there was every opportunity to do so. Based on this we can conclude that these levels could be confidently left as fuel for a downward hike. Do not overlook the levels below 15k where there is also a lot of liquidity. Wait for the asset to reverse and look for an entry point. It's going to be an interesting downward slide
Short
by glazirovaniysirok
21
BTCUSDT Analysis and Price Outlook 📈In the weekly timeframe, BTCUSDT has reached a key resistance level and is attempting to break above it to move higher. The convergence of the MACD indicator indicates buyer commitment. The fact that Bitcoin is still trading above $60,000 shows the strength of this trend. On the 4-hour timeframe, a triangular pattern has formed, and a breakout above this pattern can confirm the uptrend continuation and the breach of resistance. If the pattern is broken to the downside, the key support at $52,000 could propel Bitcoin higher again. 🚀
Long
by ChartSavant
What happens when Crypto Chessboard flips?In-depth analysis considers various factors: Despite the approaching Bitcoin halving. We consider the following: Acknowledging the historical price surge before the Bitcoin ETF launch, making it resistant to substantial capital investments. Recognising the lack of momentum post-ETF launch and the struggle to breach the upper resistance around 51-52k. Taking into account the challenging global economic situation, particularly in the United States. Highlighting the potential impact of a Black Swan Event, investigating the consequences of a fictitious ETF post. Addressing uncertainties following CZ's departure from Binance as CEO, posing another potential Black Swan event that could push prices below the Wyckoff distribution phase boundary at 24-22k. Speculating a third logical move by corporate traders to increase market liquidity, creating a massive bull trap to attract influencers and optimists anticipating a significant Bitcoin ETF-driven price surge, leading to widespread doubt in Bitcoin and a gradual decline to the Wyckoff lower support. Related Financial News: - Bitcoin's halving event draws attention from traders, with speculation on its potential impact. - Historical price patterns show resistance before major events like ETF launches, impacting capital flow. - Global economic uncertainties, especially in the U.S., contribute to the overall market sentiment. - Increased scrutiny on potential Black Swan events, emphasizing the need for risk assessment. - Binance's CEO change introduces an element of uncertainty, potentially affecting market dynamics. - Corporate traders strategizing for liquidity boosts, creating opportunities for market manipulation. - Influencers and optimists fuel expectations of a Bitcoin ETF-driven surge, but skepticism prevails due to historical patterns and external uncertainties.
BITSTAMP:BTCUSD
by wikitrades
1
#BTC Long Possible#BTC Buy Setup Even though experts and traders don't want it, the cryptocurrency market is more focused on real-world factors instead of technical analysis. Everyone is waiting for the SEC's decision, and it's likely they'll approve spot BTC-ETF applications. The initial market reaction can be predicted, but we'll have to see how things unfold in the long run. It's surprising that the cryptocurrency market is paying more attention to real-world factors. This could be because of institutional investors getting involved, decentralized finance (DeFi) becoming more popular, and new cryptocurrency projects emerging. The SEC's decision on spot BTC-ETFs is highly anticipated. A positive decision could lead to a surge in Bitcoin and other cryptocurrency prices, but a negative decision could cause a market crash. Ultimately, the future of the cryptocurrency market will depend on factors like the SEC's decision, the overall economy, and new technologies. One thing's for sure: the cryptocurrency market is here to stay and will become even more complex and exciting in the future. i Will Remove my Stop Loss because i Believe BTC will pump more before the BIG DROP comes. Keep Save and don't over Leverage! 👍🏼
Long
by ML-Master
2
BTC Full Analysis in Daily TimeframeHello Traders, here is the full analysis for Bitcoin in a daily time frame, Let me know in the comment section below if you have any questions. I suggest you keep this analysis on your watch list and see what will happen and will my tragedy prove!!! Today I want to talk about BTCUSD ******************************************** Before that, I want to remember It's not financial advice. I'm just sharing my view and opinion of the chart. Please see and think about that. The situation is so complicated. ******************************************** As seen on the chart I used the Fibonacci channel to explain simple. I active special lines, for example, I introduce you 0.5 as mid-line,1 for the top of the first channel, and 0 for the low of the channel. Although 2 is the top of the second channel line,1.5 is the mid-line of the second channel, and so on. I used 2 purple circles as the tops of the channel and used one green circle to draw Fibonacci channel lines. That's all. So, let's check it out on the chart together. As you see the price reacted to these channel lines. sometimes prices do not touch the channel lines, but if you change the chart from line chart to candle-stick, you will see that prices always touch these lines because the prices are so respectful of these Fibonacci lines. Let's not go into details. As we expected the price reacted to the second Line. I drew a red circle to see better this reaction. And then the price goes up. But it's temporary and the drop again. I will show you more things based on Elliot's theory to understand what's happening in Bitcoin. So, don't worry Guys. Also, I drew 6 green zones. The first one is very important because if the price loses this zone, we will drop more to the second green zone. If we lose the second zone, the next support zone will be active. I expect we lose the first, Second, third, and 4th support zones soon. I think the best zone to think to buy Bitcoin is beginning on the 8K. I will do this. It means I will buy Bitcoin at the price of 8500 for the first level. The next zone is around 6500 and the final zone is 4500 to buy and Hold Bitcoin until 2030. It's just my vision. it might 6th zone never ever touches the price. But based on my analysis of USDT.D and BTC.D and DXY, everything is possible. I will publish my analysis about DXY, and USDT.D soon. But if the price loses the second support zone everything will be difficult and the situation will be changed. And we will see more pressure in the Crypto market. This causes a big drop in the market, which, as you know, can lead to a FUD in the market. so I expect we lose the second support zone at around 18000-18500 USD and move to 8000 USD for the first level zone. The next analysis belongs to the weekly Time frame based on Elliot waves. I will show you everything you need to know. By the way, I think this correction will be ended in April 2024. Please like, follow, share, and comment if you enjoy this Idea, Also share your ideas and charts in the comments. Wish you health and wealth. Sincerely Yours Ho3ein.mnD
BITSTAMP:BTCUSDShort
by Sticky-Stock
Bitcoin, Full Chart Analysis It's not financial advice. it's just whatever I think we will see soon. So just notice and think about it. Are you ready? So, Let's go ****************************** Hello Guys. new day, new analysis. many of you sent me messages about counting BTC waves. and today I want to show you everything you need to know about Bitcoin. I separated waves by different colors to understand where we were! everything is clear. ****************************** After finishing five waves we began correction waves. we know them as A, B, C the A waves started from 69k has 5 microwaves. The Second one is B and it has 3 microwaves. and finally, we have a C wave that included 5 waves. ****************************** At this time we are in the B wave and the market could go up to the 0.382-0.618 level of the Fibonacci Retracement of the A wave. After that, the C wave will begin. as I told you before the C wave has 5 microwaves ad we expect the market to drop step by step. ****************************** please write your comments below and tell me what you think. Are you agree with me? ****************************** please DON'T FORGET to share this analysis with your friends Also, DON'T FORGET to FOLLOW me to able to see my analysis immediately after publishing. Sincerely Yours
BITSTAMP:BTCUSDShort
by ho3einmnd
BTC/BARTS HEAD LONG/SHORT SETUPIn this idea I share one of my very own formations that only I have observed and classified. I have many formations of candlesticks that always move the same way that are all my own and have never been written about or discussed by any trader or master analyst. I know there is always those people that will shout "THERE IS NO ABSOLUTES!!" and will pair that exclamation with a angrily shaken fist. To those people I politely disagree. There actually is a lot of constants...This one I am willing to share. This is the Bart's Ankle and can be found at the base of a barts head's rise. It is the foundation of the barts head. This is not something I would expect others to pick up on by staring at candlesticks, but I only use candlesticks to do my analysis. They speak to me and to me the slightest differences speak volumes. So show me some love for this amazing share and follow me to share in more of my unique concepts and ideas that keep you in the gains and don't leave you unaware to be rekt. Much love to my supporters
by The_New_Disciple
12