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BUY MORE BITCOIN IN THIS RANGE NEW ATH IS COMING!!!HELLO TRADERS As i can see BTC is going to make a new ATH in this session before halving a massive volume and greed will create a new ATH in bitcoins Friends it's still cheap peoples who was noy buying from 17K now greedy for bitcoin BLACK ROCK and other ETF,s are converting their assets in BITCOIN buy more and join the train before its will too late BTC is ready to trade in 6 DIGIT sooner than expected.... there are many other things can move more higher price of BTC Greed is exceeding around the world Its just an trade idea share you thoughts with us STAY TUNED for more updates
COINBASE:BTCUSDLong
by APEX_TRADING_ACADMEY
Shorting Bitcoin at $62,000Bitcoin bears have been getting wrecked for the past few months, but I think Bitcoin is finally forming a peak here. I'm willing to take my chances and will exit my trade if BTC continues to show bullishness above $64k. So far this week Bitcoin has increased by GETTEX:14K in just 3 days. I shorted at $62k, the price is now above my entry at around $62.9k. I'm comfortable leaving my shorts opened as long as Bitcoin doesn't continue climbing above $63.9k. Ideally I would like to see a strong move down over the next few days. For now I'm still leaving my shorts opened and will see how things are trending later BTC had a rejection near $63.9k and is starting to show some weakness here. I'll give another update later today to see how things are looking. Yesterday I emphasized that the the $61,561 price level is a key price level to monitor, and this remains as my key price level today as well. BTC is trying to find support here and ideally I would like to see a failed support that leads to a drop down lower.
BITSTAMP:BTCUSDShort
by realchartchamp
Was i wrong? BTCI wasn't posting updates on BTC for a reason: nothing is clear yet. Was i wrong? I am short with an avg entry of 53k actually, and yes, i am in loss. I am still holding it. I am holding because we are at major resistance ($51.800 is a major daily resistance) and Greed is Extreme. Honestly, i think this is a trap from ETF funds that are just showing potential profits to new, big clients. As soon as funds will take profits, we could see and massive correction. $50.000 is the first support zone, $42.000/$44.000 is the second main support zone.
Short
by SaliJournal
BTC → Bitcoin Near Resistance! Should We Short? Let's Answer.Bitcoin is in a critical price zone as this bull run has taken us from $15,500 to $52,800. Is this a situation where we short? Or do we prepare for a long? How do we trade this? 🤔 Shorting may be an option for a lower timeframe such as the 15m or 1HR. I would not be shorting on the Daily or Weekly candles, but waiting for the price to pull back to enter a long. As outlined in my Bitcoin Lifetime Analysis, I believe Bitcoin is due for a major pullback ranging from 30-50% toward the $25,000-$30,000 price area: I would target a long entry in the $35,000 price area, set a stop loss either below the $15,500 low and target a 1:3 Risk/Reward, or a stop loss below the previous trading range at $25,000. Look for a double bottom around the Breakout Support area at $31,800 with a strong bull signal and confirmation bars. From there, reasonable take profit targets include 1:1 Risk/Reward at $42,300, just below the current price at $51,000, just below the previous all-time high at $65,000, and just below $100,000 which is a psychologically even number target. 💡 Trade Idea 💡 Long Entry: $35,575.00 🟥 Stop Loss: $22,900.00 ✅ Take Profit #1: $42,300 ✅ Take Profit #2: $65,000 ✅ Take Profit #3: $98,000 ⚖️ Risk/Reward Ratio: 1:5 🔑 Key Takeaways 🔑 1. Three pushes up toward a Resistance Area of $52,800 2. Resistance area is derived from the 2021 Head and Shoulders pattern 3. Wait for the price to pullback between 30-50%, and look for a double-bottom reversal pattern near $35,000 4. Long at 1:5 risk reward and take profit at three key levels 5. RSI is overbought at 78.00 which supports the pullback. 💰 Trading Tip 💰 Trends typically have 3 pushes in either direction before a trend change begins. Along with other market indicators, creates a situation to look for counter-trend trades because the probability of profit is high enough. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and Follow to learn more about: 1. Reading Price Action 2. Chart Analysis 3. Trade Management 4. Trading Psychology
INDEX:BTCUSDLong
by TraderEngineering
BTC BITCOIN Technical Analysis and Trade Idea#BTC's recent bullish run has been noteworthy. However, I'm watching for a potential buying opportunity if we see a decisive retracement down to the 61.8 Fibonacci level. A subsequent retest and failure of a range at the low around the current support level formed during that pullback would provide a strong entry signal for #Bitcoin. As always, it's crucial to remember the inherent risks of trading. Conduct your own thorough research, factoring in fundamental market drivers and the broader macroeconomic landscape alongside your technical analysis. Never neglect sound risk management strategies to protect your capital. Disclaimer: This analysis offers a technical perspective on BTC and should not be taken as investment advice. Tailor your trading decisions to your specific risk tolerance, informed by comprehensive market research and a holistic assessment of all relevant factors.
OANDA:BTCUSDLong
by fxtraderanthony
$Mubi #MubiI think this will end up being a BIG gainer once Alt season really begins. #Brc20 plays will continue to gain interest once normies arrive they will think they are SUPER SMART for clinching these types of ideas. Still no major #Cex IMO Speaking of @robinhood where you at with some NEW coins. I'm kind of surprised this came all the way back down in the 1st place with all the things that have gone parabolic recently. This kind of got treated like a pump and dump chump. However, I think it is a STRONG narrative going forward into this summer.
by rarebreed29
BTC BITCOIN Technical Analysis & Trade IdeaBitcoin (BTC) has enjoyed a robust bullish run, but recent price action on the four-hour 4H chart indicates potential weakness. Since February 13th, BTC has entered a sideways consolidation phase. I'm anticipating a sell opportunity should we observe a decisive break below the current range low, followed by a retest and failure of that level. Potential targets for this trade would align with prior swing lows. It's imperative to emphasize that trading carries inherent risk. Before executing any trades, it's vital to conduct your own extensive research. Consider both fundamental market drivers and global macroeconomic conditions alongside your technical analysis. Always implement sound risk management practices to safeguard your investment. Disclaimer: This analysis presents a technical viewpoint on Bitcoin. It should not be interpreted as investment advice. Base your trading decisions on your own risk profile, comprehensive market research, and a thorough assessment of all relevant variables.
OANDA:BTCUSDShort
by fxtraderanthony
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