BTC Level of interestI wasn't posting updates on BTC because i was waiting the price to stabilize. I am still holding my short trades with an average entry price of $61.000 USDT. Finally BTC is slowly retracing, and this is good. Slow retrace are important after a strong bull run. I have only two levels of interest here: $56.000 and $52.500. I expect the price to get there and probably bounce back. Invalidation clean break below $50.000
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BTC Bitcoin Technical Analysis and Trade IdeaBitcoin BTC has been on a strong bullish run with quite a deep pullback. In the video we discuss two trade ideas one looking at the current retrace, and the second idea is a potential buy opportunity. We discuss the trend, price action, market structure a trading strategy. As always the information herewith is for educational purposes only and not to be construed as financial counsel.
$BTC Linear Regression Analysis$BTC:1D (1 year look-back period)
CRYPTOCAP:BTC currently hovering around its linear mean price point of 45.6K in anticipation of SEC approval or delay tomorrow.
Current linear range at standard deviation up and down is roughly 50.9K to 40.5K. Pearson’s R^2 is extremely high at 0.96, implying a high tendency for price to centralize around the linear mean.
The upward trend from October has been extremely strong. It should be noted that maintaining trend strength at these elevated levels of Pearson’s R^2 for any extended periods of time (6 months or more) is highly unlikely.
Bearish price to RSI divergence is present (yellow lines) and would require a move above 83 on the 1D RSI to invalidate.
At a minimum a move down to the 38K region over the course of the next few weeks seems like a very reasonable proposal. This assumes that price has baked in the ETF approval and that a rejection/delay by the SEC could portend even further downside risk which could eventually place enough pressure on the above linear regression channel to either weaken it significantly or, in the event of a hard selloff, to shatter it completely.
Not financial advice.
#BTCUSDT
#BTCUSDT
Potential Deep Correction Looms
Following a significant surge, Bitcoin has undergone a dramatic decline, signaling a possible deep corrective wave. This sharp fall has engulfed several candles, suggesting strong selling pressure.
The presence of a valid and robust bearish engulfing candlestick pattern (CH) further reinforces this potential correction. Additionally, two significant Fair Value Gaps (FVGs) reside at the bottom, acting like magnets, potentially attracting the price downward.
The analysis identifies short-term Take Profit (TP) targets. However, its validity ceases once a daily candle closes above the supply zone.
Therefore, traders should only consider sell or short positions within the established supply range
Btcusd trade idea traders BTCUSD price is ready to fly
My dear subscribers
My technical analysis is for BTCUSD is going to fly
The price is coming around a solid key
Level 68250
Target 76000
Bis_ Bullish
Technical indicators Pivot point low
anticipates a potential price reversal
Super trend shows a clear buy giving a
Perfect indicators convergence perfect
Indicators convergence
BUY BITCOIN MORE AFTER RETRACE TO 60K$ !!!HELLO TRADERS
As i can see BTCUSD hit ATH and created a double top i am expected a weekly and month and daily its ATH now and in extreme Greed level now its good time to sell now till given buying levels and get minimum 9k pips on this trade... Friends we can buy BTC from given Strong support and hold till halving it can hit given Tps Grayscale Bitcoin Trust ETF ...
Fidelity Wise Origin Bitcoin Fund ... ARK 21Shares Bitcoin ETF ... Invesco Galaxy Bitcoin ETF ... all are buying BTC for future Friends its just a trade idea share Ur thoughts with us
Stay Tuned for more updates!
BTC crossed ATH, whats next ?BTC /USDT
BTC has crossed the previous ATH as per my previous anlaysis since 50K (see in attachment below) with new all time high price recording today +71K !
Whats Next ?
Well, in all BTC history we had 3 mega bull run
2013-2017-2021
and since BTC was very primitive at 2013 the logical comparison here is 2017 -2021
In 2017 Bullrun :
BTC made a new ATH then made flash crash and dropped below the previous ATH once again before the bullrun started
In 2021 Bullrun :
after BTC crossed its previous ATH the price didn't drop below it and strong bull run has started directly
in my chart above you can see both fractal ,,
which one has higher chance here ? share your opinion in comment section below
Bitcoin Faces Pressure as Regulatory Concerns MountBitcoin experienced downward pressure in today's trading session, March 15th, amidst mounting regulatory concerns. The cryptocurrency, currently trading at , saw its value decline as global regulators intensify scrutiny. Recent reports indicate growing regulatory scrutiny from various jurisdictions, raising uncertainty among investors. Despite its decentralized nature, Bitcoin faces increasing regulatory challenges, with authorities worldwide exploring measures to mitigate risks associated with its use. The evolving regulatory landscape poses a significant challenge to Bitcoin's adoption and value proposition, highlighting the need for regulatory clarity in the cryptocurrency market. As regulatory pressures mount, Bitcoin navigates a precarious path, with its future trajectory influenced by regulatory developments globally.
Let's RIDE the oldman - it's safe and fun!YES I know that some of u are spoiled enough to think somethin' bawdy-obscene but Im decent and almost sinless (NO IM NOT) ;)
ANYWAY
Behold the fruits of the mental labors of the Lady of graphs, OLDSTER himself will bow to my analysis! (hysterical laugh)
I think (and I know) that we are entering the era of wave 2 of major degreez, my greedy friendz
AND AZ ITS an Endin' Diagonal, IT CAN HAVE A ZZ STRUCTURE ! Its SOO important as u can even imagine.
THEREFORE
we can't foreseen 1-3-5 structure, coz it iznt there! just ABC(containin' 1-3-5+bundle+1-3-5)-XWY-ABC-WXY-ABC! And it will be the Wave 5! TADAAA
and BTW the zones that I have drawn correspond to the values where the price will go, you can use this as a roadmap
AND AZ A REZULT OF THIS
I'm putting forward my idea of BTC-usdt movement, I will update it, perhaps.
Just remember and I please u: BOOST da button if u UNDERSTAND my idea. if u just like it - don't, just cloze it and do smthn' else.
I know! if u like my ideaz - spare some coin so I can EAT some food :(
Bitcoin Continues its Upward TrajectoryBitcoin maintains its upward momentum, defying market expectations and surpassing key resistance levels. As of the latest data, Bitcoin's price has surged to , marking a significant increase from previous levels. Factors such as have propelled its ascent. Investors are closely monitoring Bitcoin's performance amidst growing interest and adoption, poised to capitalize on potential opportunities in the cryptocurrency market.
Bitcoin's Ascendancy: Surge in Price ContinuesBitcoin's price continues its upward trajectory, defying earlier predictions of a downturn. The cryptocurrency has witnessed a significant surge, propelled by increasing institutional adoption, favorable regulatory developments, and growing mainstream acceptance. Investors are buoyed by the prospects of Bitcoin as a hedge against inflation and a store of value amidst global economic uncertainties. As Bitcoin establishes new all-time highs, market sentiment remains bullish, with many anticipating further gains in the foreseeable future.
Is Bitcoin Headed for a 16% Correction After Reaching $75,900?Bitcoin has been an exhilarating journey for investors, but could it be gearing up for another surprising turn? A detailed analysis of Bitcoin's historical behavior reveals an intriguing pattern: each time the leading cryptocurrency has experienced an 83% surge, it has been followed by a significant correction of 16% or more.
This pattern has repeated itself twice in recent history. The first instance dates back to a rally from around $16,700 to $30,500, followed by a drop to approximately $25,800. The second time, after reaching $47,200, Bitcoin retraced to $40,000, marking another episode of this intriguing trend.
Now, with Bitcoin reaching new impressive highs, it has surpassed $75,900. However, many analysts wonder if this unprecedented rally is about to give way to another 16% correction or more, following the established pattern in the past.
It is essential to highlight that these observations are purely speculative and based on past trends, but the possibility of Bitcoin facing a correction in the near future cannot be ignored.
In such a volatile market as cryptocurrencies, it is crucial for investors to be alert to these historical trends and make informed decisions to protect their investments.
Are we on the verge of another 16% Bitcoin downturn? Only time will tell, but investors will be keeping a close eye on any signals that may confirm this intriguing possibility.
Bitcoin's Downturn: A Shift in Market DynamicsIn a surprising turn of events, the price of Bitcoin has experienced a notable downturn in recent trading sessions. This reversal comes after a period of steady gains and renewed investor optimism in the cryptocurrency market. Factors such as regulatory uncertainty, profit-taking by investors, and concerns about market overheating have contributed to the downward pressure on Bitcoin prices. While the cryptocurrency remains volatile, some analysts view this correction as a healthy consolidation following a prolonged period of bullish momentum. As market participants assess the landscape, the direction of Bitcoin's price trajectory in the short term remains uncertain, with potential implications for broader market sentiment and investor confidence in digital assets.
Bitcoin Price Surges to New HeightsBitcoin has seen a remarkable surge in its price, reaching new all-time highs in recent trading sessions. This surge comes amid heightened interest from institutional investors, increased mainstream adoption, and growing acceptance of cryptocurrencies as legitimate assets. Factors such as limited supply and increasing demand contribute to the bullish momentum driving Bitcoin's price upward. As the cryptocurrency market continues to evolve, Bitcoin's unprecedented price surge underscores its status as a leading digital asset and a store of value in the modern financial landscape.
BTC is capable to hit 100k more than u thinkBTC / USDT
I think BTC started a new bull wave and The 100k is very logic target at end of cycle ,Heres why :
100k price is equal to 1.618 level of last big wave which is golden resistance level (Usually one of most important resistances in Bullruns )
Also BTC halving is after 2 months only … which is a very bullish historical moment and BTC always make a new ATH after this event
another bullish sign we still above 20W EMA (like 2021 bullrun)
20W EMA was always a sign of strength during bullruns in high time frames so all basics say we are strong bullish
But there are an obstacles which are:
First obstacle: area around 58k (tough resistance) bulls must break this level and make an stability above it in order to continue
Second obstacle: ATH level but according to BTC history… BTC never made double top before so i dont see it as much of important as first one
The journey wont be easy, strong corrections and flash crashs will happen in between as the price dont move in one direction as usual :)