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$BTC TOWARDS $65,000 ?👨🏻‍💻 CRYPTOCAP:BTC UPDATE (Continue) 🔹#BTC is forming a rising wedge, which is a bearish pattern. 🔹If it follows this pattern, we can expect a price drop. 🔹The next immediate support for Bitcoin is at $67,000. 🔹Since it's the weekend, the market will be slow. 🔹Tomorrow is the weekly candle closing, and we can expect the closing to be green. - - - - - - - - - - - - - - - - - - - - - - Follow #CryptoEase and Share it With Your Crypto Mate 😉 BINANCE:BTCUSDT
BITSTAMP:BTCUSDLong
by CRIPTOEASE
BTC Bitcoin Technical Analysis and Trade Idea - Where To Next?In thist video, we present a concise analysis of BTC Bitcoin. After recent bullish momentum, the asset has become overextended trading into resistance, and we are now seeing a significant retrace into support. Our primary objective is to pinpoint an appropriate buy entry point within this critical support zone, assuming that price action aligns with our analysis from the video. As always, the video offers valuable insights into trade entry points, trend analysis, market structure, and price action. It’s important to note that this content serves an educational purpose and should not be interpreted as financial advice. 📈🚀📊
Long
by tradingwithanthony
5
BTC/USD Technical Analysis and Trade IdeaDuring the recent rally, Bitcoin (BTC) displayed significant bullish momentum. In our video analysis, we delve into a potential buy opportunity, provided that price action aligns with our entry criteria. We look closely at the 1H chart: 1: Market Structure Breakout: The previous bearish trend has been disrupted by a bullish breakout in market structure. 2: Long Bias: While my bias leans toward a long position, it remains contingent on price action developments retracing into my fibo zone as outlined in the video. Please note that this content is for informational purposes only and does not constitute financial advice.
Long
by tradingwithanthony
9
BTC Suprize Or Modification ? !Bitcoin at a Critical Juncture: Correction or Bullish Rebound? Bitcoin finds itself at a pivotal moment, poised for either a substantial correction or a defiant surge that could defy expectations. Scenario 1: Modification phase In this scenario, Bitcoin could embark on a downward trajectory, potentially reaching $63,400 followed by $59,900, and ultimately aiming for a target of $57,000. As evident from the chart, there are numerous support levels along the way, each with the potential to halt Bitcoin's descent and reverse its direction. However, the ultimate target remains $57,000, where a significant consolidation phase could ensue. Scenario 2: Bullish Surprise An alternative scenario presents a bullish surprise, where Bitcoin could consolidate around $66,700, gathering the necessary liquidity before making an unexpected move towards $68,900 and potentially reaching $72,000. Your Perspective Based on the current market dynamics and technical analysis, do you anticipate Bitcoin to take a short position or a long position? Disclaimer: It is crucial to emphasize that this analysis does not constitute financial advice. Cryptocurrency trading is inherently risky, and individuals should conduct thorough research and exercise due diligence before making any investment decisions.
by Crypto-Oracle1
📉Think Outside the Box BTC!📈BINANCE:BTCUSDT COINBASE:BTCUSD Hello Dear Traders. 🔴The market has reached the end of its suffering range and our team's holiday break is nearing its end. ⚡️ In this post I will track the BTCUSDT movements as long as it stays inside the Box. 🔴The past few weeks, the pressure of market volatility was very high and we needed a break. We will review the market again from today. Please share the analysis posts to support and give us energy.
by CrazyS
BITCOIN 325000$ giant cup and handle ALL trading ideas have entry point + stop loss + take profit + Risk level. hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below. Disclaimer
Long
by bullstraders7
BTC / USD bearish outlook. High probability of a 15% dropThere are many reasons why CRYPTOCAP:BTC could actually fall further from this descending channel, both on the chart and in the macro economy. Let's dig into my reasoning and how I came to this conclusion. Here is a list of negative factors: The macroeconomic outlook is bad. We will likely see poor CPI reports and disappointing FED meetings in the coming months. The S&P 500 is at an all-time high, suggesting a correction is imminent. If this correction occurs, crypto will also likely fall. Gold prices have corrected. CRYPTOCAP:BTC has been moving sideways for 170 days, causing many bulls to turn bearish in hopes of finding a better entry point for the remainder of the bull run. There is a lot of liquidity and short positions below us at $58k, GETTEX:52K , and GETTEX:48K , which exchanges and whales can easily target. There is significant liquidity above us at FWB:67K - $71k, but bulls have tried to reach this level four times and were rejected by the top descending trendline. Volume is decreasing, which can lead to a massive move. The MACD is struggling to rise, indicating low momentum. The SRSI is oscillating below 50 without breaking out of this middle range. The fake-out on April 9th reset the downtrend channel with a more bearish outlook, which is why I start my trendline from this date. Conclusion: To exit this descending channel, a shakeout is necessary. The bulls are not strong enough to push to the upside, the macroeconomic environment is negative, and there is nothing to help CRYPTOCAP:BTC pump significantly. Bulls seem to realize that in order to escape this trap, a significant capitulation is necessary to restart the uptrend. If we drop to the $50k area, many bears will enter long positions, resetting the market to an uptrend. This is just an idea, I might be wrong, DYOR, everything can happen.
Short
by CryptoNikkoid